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<br /> 7s�-��UQ957
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<br /> � MORTCAGE �t
<br /> MORTGAGE LOAN NO. L > ��
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<br /> KNON+ALLMENBYTHESEPRESENTS:That EdINdPd C. Virant, �lP. and Margaret J. Virant, each l0 �� „z;,
<br /> ��� � �� ,�z
<br /> � his and her own right and as spouse of each other ,�
<br /> i Mortgagor,whether one or more,in consideration of the eum of 4,;
<br /> ' Ih�ty_Fi ve Thousand Fi ve Hundred and No/100-------------------------------------- Dp�,i,A� �
<br /> .�
<br /> '.� loaned ro seid mortgegor by'fhe Equitable BuUding and Luan Association of Grand Island,Nebraska,Mortgagee,upon 3$5 shares of stack of
<br /> �r
<br /> safd ASSOC[ATION,Certifipte ivo.L 23Q1��IG�C >do hereby grant,mnvey and moRgsge unto the said ASSOCIATION the Following r:
<br /> . , described real estate,situeted in Hall County, e ra a: � r;
<br /> r'�;
<br /> ' THE SQt1TH NAL� (5�) QF LQT EIGHT (8j Af�1Q THE �
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<br /> � � NORTH THIRTY-SEVEN (37) FEET OF LOT NINE (9)
<br /> ALL IN BLOCK TWO (2) BEL-AIR ADDITION TO THE 5 "-
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> ��3 � together with all the tenements,hercditaments and appurtenances thereunto belonging,including attached tloor coverings, all window xreena, � ���
<br /> �j� . � window shades,blinds,swrm windows,awnings,heating,air conditioning,and plumbing and water equipmmt and accessoria thueto,pumps,stoves, �a s•
<br /> .. refdge�tors,and other fixtures and equipment now or hereafter atteched to or used in connection with said real estate. . A_:
<br /> - .. . � And whereas the said mortgagor has agreed and does hemby agrce that the mor[gagoc shall and wi7]pay atl taxes and esxsanents levied or . �
<br /> � . � asseased upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to furnish approved '�.
<br /> insu�ance upon the buildings on said premises si[uated in the sum of 3 3rJ�50�/Q� payable to said ASSOCIATION and to deliver Lo taid �x;
<br /> ASSOCIA170N the policies for said insurance;and not to commi[or permit any waste on or about said premises; .-
<br /> � In case of default in the performance of any oF the terms and conditions of this mortgage or the bond secured hereby,the moctpgee shall, - r ti
<br /> �on demand,be entitled to immediate posussion of the moctgaged premises and the mortgagor hereby assigns, transfers aad uts over to the . o-�.;�
<br /> � �� mortgagee all the rrnts,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedneu shall nmain � �`
<br /> � ���unpaid;and the mortgagee shall have the power to appoint any agmt or agents it may desire for che purpox of repairing said pnmius and renting "'.d�;;
<br /> + -.� the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and neassary �'�
<br /> # commissions and expenus incurred in renting and managing the same and of wllecting rentats thercfrom:the balance remaining,if any, to be �`��
<br /> � applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercis�d at any time during the e�cistence of such
<br /> ���, default,inespective of any temporary waiver of the sama � ,,
<br /> These Prexnts,however,arc upon the Condition,That iC the said Mortgagor shall repay said loan on or beforo the maturity of said shares by + ��
<br /> ;J . payment;pay monthly to said qSSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said toan,on or beCore �
<br /> � � the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied againsi said premises and on this Mortgage i
<br /> ' ��; . and the Bond ucured thereby,before delinquency;Curnish approved insurantt upon the buildings thereon in the sum of S 35,500.00. payable
<br /> to said�ASSOCIATlON;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at
<br /> .,�. �. ..tl�e�tnaximum legal rate thtteon from dace of peyment all of which Mortgagor hereby agrees ro pay;permit no waste on said premises;keep and comply � � �
<br /> � E��� � with all the�agreeme�rts and conditions of the Hond for S 35�rJ��.��this day given by the said Mortgagor to aaid ASSOCIATION,and mmply
<br /> . with all the requirements of the Constitution and By-Laws of said ASSOCIATION; then these presents shall become null and wid,otherwiae they
<br /> . shall remain in full force and may be forccloud at the option of the said ASSOCIA'fION after failurc for three monihs to make any of said
<br /> ; � payments or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and rnnditions of said Bond;
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br /> .4 If there�is any change in ownenhip of[he real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby .
<br /> ,�,, secumd shall,at the option oFThe Equitable Building and L.oan Association of Grand Island,Nebraska,become immediately due and psyable without . �
<br /> . further notia,and che amount remaining due under said bond,and any other bond for any additional advanas made thereunder,slwll,Gom the � -
<br /> y, date of exercise oC said option,bear interest at the maximum legal rate,and this mortgage may then be fozeclosed to satisfy the amount due on esid
<br /> >t . bond,sad any other bond for additional advances,together with all sums paid by said The Equitabie Building and Loen Association of Grand Island, � �
<br /> '� � � � Nebraska for insurance,taxea and assessments,and absiracting extension chargos, with interest theroon, from date of payment at the maximum �
<br /> `¢¢¢t legalrate.
<br /> �,� � � � As provided in the Bond ucured hereby,while this mortgage remains in effect the mortgagee may heresfter advance additional sums to the
<br /> makers of said Bond,their aasigns or succeuors in interest,which sums shatl be within the security of this mortgage the same as the funds originally
<br /> .�aecurcd thereby,the.total amount of principal debt noa to exaed at any time the original amount of this mortgage.
<br /> `.� va�a cn� 17th �y°f February A.D..�9 78
<br /> �,� r . i ran r.
<br /> �.
<br /> �� Margare ,J.' Vi ran
<br /> �' � srw�Ti oF NBsxnsxn::���. � on ct� 17th aay oe February � �s78 ,eeeo�e me, -w�-»,��� ��
<br /> � COUNTY OF HALL
<br /> `�""� � . . � . .� � � the undenigned,a Nota�Y Public in and for said County.personally came F�'.
<br /> E�vard C. Virant, Jt^. and Margaret J. Virant, each in his and her n right and as s ouse �;� �
<br /> Q�;each other-., � � �� are ���y��t� �
<br /> me:�o.6e the identsai peraon g., w6oie name ape afHxed to the above lnst ent as mort �'�`
<br /> ,,,,. '
<br /> S gagorS and tF12 xverell "
<br /> .r�.�owka�a we�a�s���i�o�u the �oi� Y r �;�:
<br /> y tsry act snd deed_ q,; �
<br /> s�, ' ... WITNESS my hend and Notaria!Seai the date a.foresaid.� . i � �,:t��` .':c«
<br /> � GENER�t Nmes�SF���Ues � � � � �
<br />�� .��JAME5:`.' :5:r' .� � � � . � � I NotaryPub
<br /> } '��yComm.,F.�y.i�uv.1219T .�"` ._� . �� y' ��..
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