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<br /> MORTGAGE
<br /> MORTGAGE LOAN NO.L 23,014 �;
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<br /> , KNOWALLMENBYTHESEPRESENTS:That Franklin D. Hoage and Merna M_ Hoage, each in his and F � �;.
<br /> -�� �� ��her �own right and as spouse of each other, �
<br /> �� Sixteen Thousand and No/100----- Mon�or_Wn�u,eroneo�morc,fnconsideretionoftheiumof •V '' ,�
<br /> -------'—'—�-- ,.
<br /> ---'-----------�--- DOLLARS ,•,:
<br /> � .� � loaned to safd mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon �6� shares of stodc of
<br /> said ASSOCIATION,Certlficate No. LZ$�Q�¢ ,do hereby grant,convey and mortgage unto the said ASSOCIATION the following
<br /> ,� deudbed real estate,eituated in Hall County,Nebraska: �
<br /> i THE NORTH SEVENTY FEET (N 70') OF IOTS SIX (6) AND
<br /> � SEYEN (7) IN BLOCK ONE (2) IN SARTLING'S Sl16DIVISION, LaCRTED OM
<br /> j PART OF LOT FIFTEEN (15) OF THE COUNTY SUBDIVISION OF THE SOUTH
<br /> � HALF OF THE SQUTHEAST QUARTER OF SECTION SIXTEEN, TOWNSHIP ELEVEN
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<br /> � NORTH, RANGE NINE WEST OF THE 6TH P.M. AND PART OF THE NORTHEAST
<br /> ' QUARTER OF THE NORTHEAST QUARTER OF SECTION TWENTY-ONE, TOWNSHIP
<br /> ,i
<br /> ELEVEN NORTH, RANGE NINE WEST OF THE 6TH P.M.
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<br /> , ,� � . to ther with all the tenements, hereditaments and a r*;�
<br /> B� ppurtenances thereunto belonging,including attached floor coverings,all window xreens, 4,_-
<br /> �t window shades,blinds,storm windows,awnings,heating,air conditioning,andplumbing and waterequipmentand accessoris theroto,pumps,stoves,
<br /> �� refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br /> � . And whereas the said mortgagor has agreed and does hereby agrce that the mortgagor shall and wilt pay all taxes and asussments levied or .f.=,��
<br /> � as.sessed upon said premises and upon this mortgage and the bond ucured thereby beforc the same shall become delinqurnt;to furnis6�approved
<br /> . insurance upon the buildings on said premius situated in the sum of S�(�Q00.QD payable to said ASSOCIA7'ION and to deliver to said +
<br /> �++ _ � ASSOCIATION the policies for said insurance;and not to commi[or permit any waste on or about said premises; � ��
<br /> ;� In cax of default in the performance of any of che terms and conditions of this mortgage or the bond secured hereby,.the mortgagee shall . '�
<br /> �on demand,�be eniitled to immediate posussion of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over ro the �,
<br /> mortgagee all the rents,rcvenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain ,c-�i
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said prcmises and renting
<br /> ; the same and co0ecting tfrc rrnts,revenues and income,and it may pay out of said income all expenxs of repairing eaid prcmius and necessary ��
<br /> G �. commissions and expenus incurred in renting and managing the same and of collecting rrntals themfrom; the balance rcmaining,if any,to be s �
<br /> �� � applied toward the discharge of said mortgage indebtedness;these rights of the mo:igagee may be exercised at any time during the existrnce of such s�
<br /> .._�. . default,ircapective of any temporary waiver of the same. . +;�+;,
<br /> i � � These Prcsents,however,are upon the Condition,'Chat if Ihe said Mortgagor shall repay said loan on or befoze the maturity of said shares by�
<br /> � paymenq pay monthly to said ASSOCIATTON of the sum speciFed in the Bond secured here6y as in[erest and prineipal on said loan,on ot before
<br /> ,��. the Twentieth day of each and every month,unlil said loan is fully paid;pay all taxes and asussments levied against said premixs and on this Mortgage
<br /> S .. . �and the Bond secured thereby,befare delinquency;furnish approved insurance upon the buildings thereon in the sum of S �6 s���.�� payable
<br /> , �. . to said ASSOCIATION;repay to said ASSOCiATION upon demand all money by it paid for such taxes,assessments and insurance with interest at
<br /> ��the msximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premius;keep anfl comply
<br /> -;� with all the agreements and conditions of the Bond for S ](�QQQ.QQ this day given by the said Mortgegor to said ASSOC[pTION,and comply �
<br /> � . with�all the requicements of the Constitution and ByLaws of said ASSOCIATION;then theu presents shaU become null end void,otherwix they .. . ��
<br /> � � shall remain in full force and may be�Foreclosed at the option of the said ASSOC[ATION after failure for three months to make any ot said �
<br /> ;, � payments or be thrce months in�arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond;
<br /> .,,�� . and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. . �
<br /> ` � IF there is any change in ownership of the real estate mortgaged herein, by sale or otherwise,then the entirc remaining indebtedness hereby � .
<br /> 3 � secured.shall,at the option of The Equitable Building and Loan Associa[ion of Crand Island,Nebraska,become immediately due and payable without - � .
<br /> , �.:. � �� further�notice,and the amount remaining due under said bond,and any other bond for any additlonal edvances made thereunder,shall,from the . �� � �
<br /> date of exerciu 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 other bond for additional advances,together with all sumt paid by said The Equitable Building and Loan Association of Crand Island, � �
<br /> - Nebnslca for insurance,tsxes and assessments,and abstraciing extension charges,with interest thereon, from date of payment at the maximum �
<br /> 4-Y� lega!rau.
<br /> Aa provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereaker advance additional sums to the
<br /> �;�.inaken of said Bond�,their assigns or succeuo�s in interest,which sums shalt be within the ucurity of this mortgage the same as the funds originally
<br /> r� securod thereby,the totd amount of principal debt not to exceed at any time the original amount of this mortgage.
<br /> a�n� 23rd. dayof February A.D_,�9 78 � /
<br /> ,�j �.�i����--- i'/Cx�7L4 /// . l�'X
<br /> .� , .ranklin D. Hoage Merna M. Hoage
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<br /> a. ,.
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<br /> STATE OFNEBRASKA,j� o�st�, 23rd. aa or Februar
<br /> COUNTY OF HAI.L f y y 19 78 ,beforc me, „R�
<br /> . �-�� ' � � � � � � the undcrsigned,a Notary Pubtic in and for said Caunty,personalty came . � .
<br /> ` Fhenklin-D. Hoage and Merna M. Hoage, each in his and her own rigWhht and as spous �f '
<br /> .�.. : each other, , . W '
<br /> . � ° dre Peno�y own to �; <
<br /> me to be the identical person 5 whou name5 dr'E affixed to the above uut mortgagoz S and tf12y sevenlly q ;
<br /> � acknowkdged the anid Instrument to.be thel Y' voiuntary aa and deed. 2M�.c,
<br /> ��3 .. . ....�RRTNESS.my.hand and Notazial Seal the date aforuaid. . . . � ;.�u
<br /> ,3 MyComminiomexp'ues / � "
<br /> � +F GEtiERAt NQTARY�SUt�01 fle4�.� � Nota Public
<br /> � J �•�xIlAME9 W.OLSCN - �/ � ry
<br /> ; i� MY�mm.ExP.Nov.12.197 � /. ��/�
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