|
� Y �
<br /> 78- �J01.�11 .
<br /> MORTGAGE
<br /> MORTGAGE LOAN N0. � 23.015
<br /> � KNOW ALL MEN BY THESE PRESENTS:That Hei en I. 6ruber, a s i ngl e person I
<br /> Mortgagor,whether one or more,in consideration of the aum of � � �� �
<br /> `; Four Thousand Five Hundred and No/100-------------------------------------------__ppLLp� .'
<br /> � loaned to said moRgagor by The Equitable Building and Luan Association of Grand lsland,Nebraska,MortgageC,upon 45 shares of stock of . .
<br /> said ASSOCIA'[TON, Certiflcate No.L 2$���15 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following � � � �.
<br /> described rca! estate,situated in Hall County,Nebraska: . .
<br /> THE SOUTH HALF OF THAT PART OF LOT FOUR (4) IN "FAIRACRES SUBDIVISION", LOCATED ON PART OF
<br /> THE SOUTHWEST QUARTER (SW4) OF SECTION THREE (3), 1N TOWNSHIP ELEYEN (11) NOR7H, RANGE NINE
<br /> (9) WEST OF THE SIXTH P.M., MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: COf�P1ENCING AT
<br /> THE NORTHWEST CORNER OF SAID LOT 4; THENCE RUNNING EAST 212 FEET P.ARALLEL WITH THE NORTH
<br /> LINE OF SAID LOT 4; RUNNING THENCE SOUTH 204 FEET PARALLEL WITH THE WEST LINE OF SAID LOT 4;
<br /> RUNNING THENCE WEST 212 FEET PARALLEL WITH THE NORTH LINE OF SAID LOT 4; RUNNING THENCE
<br /> NORTH 204 FEET PARALLEL WITH THE EST LINE OF SAIO LOT 4, TO THE PLACE OF BEGINNING, BEING
<br /> A TRACT OF 6ROUND WITH A FRONTAGE OF 102 FEET AND A DEPTH OF 212 FEET.
<br /> together with all the tenemenis,hereditaments and appurtenances thereunto belonging, including attached itoor coverings,all window screens. ' � .
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, � .
<br /> � refrigerators,and other fixtures and equipmrnt now or hereafter attached to or used in connection with said real estata �
<br /> : �
<br /> . And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay alI taxes and asusvnmts levied or � � �
<br /> � azsessed upon said premises and upon this mortgage and[he bond secured thereby before the same shall become delinquent;to fumish appmved � �
<br /> � � insurence upon the buildings un said premises situaled in the sum of S¢�$�0.00 payable to said ASSOCIATION and to deliver to said �� � ��.�
<br /> . ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises; � � � �
<br /> �i � �� � In cax of deCault in the pedormance of any of the terms and conditions of this mortgage or the bond secured hemby,the mortgagee shall, �
<br /> � on demand,be entiUed to immediate possession of the mortgaged premises and the mortgagor hereby assigns, tranafers and sets over to the
<br /> � � mortgagee all the rents,rovenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness sha11 remain . � � � .�
<br /> .�{ � unpaid;and the mortgagee shall have the power tu appoint any agent or agents it rtsay desire Cor the purpox of repaving said premises and renting �_ .
<br /> �3 � tfie same and collecting the rents,revenues and income,and it may pay out a(said income all expenses oC repairing said premixs and necessary . �
<br /> ��� eommissions and expenses incurred im m�ting and managing the same and of collecting rentels therefrom: the balance remaining,if any, to be . . .�
<br /> applied toward the discharge of said mortgage�ndebtedness;[hese rights of the morigagee may be exerciud at any time during the existmce of such . .
<br /> default,irrespective of any temporary waiver of the same. ..
<br /> These Presents,however,are upon the Condition,That if the said Mortgagor shali repay said loan on or before the maturity of seid shares by �
<br /> ����:� payment;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as incerest and principal on said loan,on or betore �� . �
<br /> � the Twentieth day of each and cvery month,until said loan is fally paid;pay atI taxes and assessments levied against said prertuses and on this Mortgage . � . . �
<br /> , �
<br /> and the Bond xcured thereby,be(ure delinquency;fumish approved insurance upon the buildings thereon in the sum oF S 4 �'j00.�� payable � �
<br /> to said ASSOCIATION;repay to said ASSOCIA?ION upon demand ail money by it paid for such taxes,asussments and u�surance wrth interest at � � � . �
<br /> the maximum legal rate thereon from date of payment alI of which Mortgagor hereby agrees to pay;permit no waste on wid premises-keep and comply � �� � �
<br /> with all the agreements and conditions of the Bond(or S 4 500.�� this day given by the said Mortgagor to said ASSOCIATION,and comply � �
<br /> with all the requirements of the Constitution and By-Laws o�said ASSOC[ATtON; then these prexnts shall become null and void,otherwise they - � �
<br /> ;s sha11 remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three monchs to make any of said � �
<br /> paymrnts or be thrce months in errears in making said monthly payments,or[o keep and compty with the agreements and conditions of said Bond; � � �
<br /> and Mortgagor agrees ro have a receiver appointed forthwith in such foreclusure proceedings. . . .
<br /> :.! If there is any change in uwnership of the real estate mortgaged herein,by sale or otherwiu,then the entirc remaining indebtedness hereby � . . �
<br /> secured shall,at the option of The Equitable Building and Loan Association of Grand(sland,Nebraska,bemme immed'utely due and payeble without � � � �- �
<br /> further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the � � � .
<br /> date o(ezercise of said option,bear interest at the maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said � � �
<br /> bond,and any oxher bond for additional advances,together with all sums paid by said 7he Equi[able Suilding and Loan Assoeiation of Grand Island, . � .� � �
<br /> Nebraska£or insurance,taxa and assessmrnts,and abstracting extension charges, with interest thereon, from date of payment at the maximum � � � �
<br /> legal rata . . � .. �
<br /> As provided in the Bond ucured hereby,while this mortgage rerttains in effect the mortgagee may hereafter advance additional sums to the � � �
<br /> i.���; . makers of eaid Sond,their assigns or euccessors in interest,which sums shall be within the security of this mortgage the same as the funds originally � � �
<br /> aecured thereby,the total amount of principal debt�ot to exceed at any time the original amount of this mortgaga � .� ,-
<br /> ; na�ed cn;s 23rd aay or February A.D.,�v78
<br /> � ,/����� ��ti/
<br /> � �lc'�e�fiT�ru e�
<br /> �
<br /> { STATE OF NEBRASKA, � p�t}� 23rd �Y of February 19 �$ ,before me,
<br /> COUNTY OF HALL�
<br /> �
<br /> � � � the undersigned,a Notary Public in and for said County,perwnally came a
<br /> ' Helen I. Gruber, a single person ; �;
<br /> q who 1 S penonally known to � i;_ c � �
<br /> ��i- r
<br /> . � me to be the identical person whose name j 5 affixed to the above ins[rument as mortgagor and S h2 s�Ser£iFy � �:.,;e `
<br /> ' acknowledged the said insuument to be her voluntary act and deed. ^„r�
<br /> i
<br /> . � � W[TNESS my hand and Notaria)Seal the date aforesaid. , '�f �'�
<br /> � � expires } ,����
<br /> �� eWi..:
<br /> '�pERAt NOiARY-State ot Nnbr.. -
<br /> �Rt�p�pES W.OLSON _/ /� �� NotaryPublic
<br /> �My Comm.ExD•Nov.12.187 f-7/. � 7 �
<br /> �
<br />
|