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<br /> MORTGAGE r " f
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<br /> ` MORTGAGELOANNO. 123,011 ` y' ��w�
<br /> �, KNOWALLMENBYIHESEPRESENI'S:That DBVId L. Dunning and Pamela R. Dunning, each in his �, ': „ �'ti
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<br /> and her own right and as spouse of each other
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<br /> .`'� . �� � � � � � � _________Mortgagor,whetheroneormore_inconsideraUonofthesumof � �> �a �'
<br /> ; Twenty Fhousand One Hundred and No/100--- mLtwxs �
<br /> :�' , � � loanM to.sald�moRgagor by The Equitable Building and Luan Association of Crand Island,Nebraska,Moagagee,upon271 shares of�stock oF. £. ��
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<br /> �t said ASSOCIATION,Cer�cate No.L23,��� ,do hereby grant, convey and morcgage unto the said ASSOCIATTON the fo2lowing
<br /> '�.��� descn"bed real estate,situated in Hall County,Nebras[ca: �
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<br /> i LOT TWENTY SEVEN (27) IN LE HEIGHTS
<br /> ,,li FOURTH SUBDIVISION, HALL COUNTY � k
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<br /> ! NEBRASKA_ ��a
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<br /> t ther with all the tenements,hereditaments and a g �� �
<br /> �5 � �& ppurtenances thereunto belonging,includia attached tloor rnverin all window screens, � ' �~ �'' �
<br /> `� window shades�blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and acttuories thercto,pumps,stoves, ¢;�'���y
<br /> ��� � � rcfrigerators,and other fixturos and equipment now or hereafter attached to or used in co�nection with said real estate. ; ,.�ti.rX"�:
<br /> (� And whereas the said mortgagor has agreed and dces hereby agrce that the mortgagor shall and will pay all taxes and assessmrnts levied or �'���
<br /> . assested upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent:to furniah approved �
<br /> �'M1� '� insurance upon the buildings on said premius situated in the sum of S 2��1��.�� payable to said ASSOCIAT[ON and�to deliver to said j � �'t'�-��1�
<br /> �. � � ASSOCIATION the polic.ies for said insurance;and not to commit or permit any waste on or about said premises; % �# �.*,,�i��x�:
<br /> � � � � � In case of default in the performance of any of the terms and conditions of this mortgage or[he bond xcured hereby,the moRgagee sha11, � � ' w��s"�'i��
<br /> � on demand,be entided to immediate possession of the mortgaged premixs and the mortgagor hereby auigns, [ransfers and sets over to the � f�„�e.
<br /> ;j morlgagee all the rents,cevenues and income to be derived from the mortgaged premises during sueh time as the mortgage indebtedness shall remsla +� , �. ���
<br /> -� . ` uapaid;.and lhe mortgagee shall have the power to appoint any agrnt or agrnts ii may des'ue for the purpose of repaidng said premises azld renting. ` s�
<br /> � � the same and collecting the nnts,revenues and income,and it may pay out of said income all expenses of repairing said premises and neoessary i _ � �. :
<br /> commLssions and expenses incurced im m�ting and managing the same and ot collecting rmtals therefrom;the balanx remaining,J any,to be ��
<br /> app Ited toward the discharge of said mortgage indebtedneu;these rights of the mortgagee may be exercised at any time during the existence of suck � ��
<br /> � default,irrespectivt of any tcmporary waiver of the same_ � �a.-��
<br /> ,,� � . � These Presents,however,are upon tt�e Condition,That if the said Mortgagor shall repay said loan on or be£orc the maturity of said shares by t •
<br /> ;t: � payment;pay monthly to seid ASSOCIATION of the sum specified in the Bond secured hereby as interest and principeI on said loan,on or beforc , „ `
<br /> i the Twentieth day of each and every month,until said loan is fully paid;pay at]taxes and assessments levied against said premises and on this Mortgage � `��;:':
<br /> ;��, � and the Bond secured thereby,before deGnquency;furnish approved insurana upon the buildings thereon in the sum of S 27,1��.���payable r� ���
<br /> . to said pSSOCIAT(ON;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insuzance with interest at � >
<br /> } the�maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply ` �:'
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<br /> �� �. with all the agreements and conditions o[the Bond for S 2� 1��.00 this day given by the said Mortgagor to aaid pSSOCIATION,and comply i
<br /> -g '� . �with all the requirements of the Constitution and By-Laws of said ASSOCIATION;then theu presents shall become null and void,otherwlse they f����
<br /> :j.� � � -shall remain in fuA�force and may be foreclosed at the option of the said ASSOCIATION after failurc for three months to make any of said
<br /> . payments or be three months in arrears in making said monthly payments,or to keep and comQly with the agreements and rnnditions of said Bond-
<br /> �3 .. and Mortgagor agrees to have a«ceiver appointed forthwith in such Coreclosure proceedings. ' ,
<br /> ,� . �.If there is.any change in ownershlp of the real atate mortgaged herein,by sale or otherwise, then the mtire remaining indebteMps hereby �
<br /> }� secuced ahall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without
<br /> '� further�notice,and the amount remaining due under said bond,and any other bond Cor any additional advances made thereuader,shalt,from the � �
<br /> „; date of exercise of said option,bear interesi at the maximum legal rate,and[his mortgage may ihen be foreclosed to satisfy the amount due on said � �"
<br /> � ��bond,and�any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan pssociation of Grand Island, r„�;
<br /> "�,. . : Nebraska for inwrance,taxes and asussments,and abstraeting extension charges, with interest thereon, from date of payment at the ma�cimum
<br /> � legal rate_
<br /> As provided in��the-Bond ucured henby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br /> �� � . ��makers of said Bond,their assigns or sucassors in intercrt,which sums shall be within the security of this mortgage the same as ffie funds originally
<br /> -+� secured thereby,.the total amount of principal debt not to exoeed at any time the original amount of this mortgage. ;
<br /> ` t�a�n;s 7 a�y or February A.D.,i9 78 � z
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<br /> ��� y� l. n�ng _�/' .
<br /> :� "`li c�Y�-ya`,rf/
<br /> ° ,Pamela-R.-Durtni ng. „Y.
<br /> STATE OF N6BRASKA, � � �� - c� �
<br /> COL7IVTY OF HALL�'� �n« ��th. day of Feb ruary 19 78 ,before me, �>s^:
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<br /> w l� � - � � " the undersigned,e Notary Public ta and for said County,persoaally eame ,. �5,..
<br /> avicf L.�flunning .and Pamela R. Dunning, each in` his and her own ri ht and as s ou e of r``w
<br /> .,gach othe�^� : _ �o are �r�o�yx,�owato � ��;
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<br /> �to'6e the ideqtlwfpenon�' whose nsme 5 dT'E affixed to the above instrument asflS"oRga�r S and tf72y sewrally :;�'1 � �x
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<br /> acknowledged tlu aaid instrument to be the'i r wluntary act and deed. �
<br /> WIINESS my hand and Notarisl Seal the date afonraid_ !'^�, '�,,� � k�
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<br /> , My Commissio , ^ _.. .% / , %�. -''' , ' '
<br />� ` �[rouC�anur-snnar.eo=d ••..�� �''� �_,e� r-,c
<br /> � .'.' s.i-�a xt� � �� . �•�� .-�JOY M.BfAZLEY� : - � �' Not Publso�—
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