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<br /> 78-C�014��3 '
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<br /> � � MORTCAGB � ���, +�
<br /> { MORTGAGE LOAAT NO.L 23+O 6 ��,�
<br /> � KNOW ALL MEN BY THESE PRESENT5:That James Lee Carter and Betty Jo Carter, each i n hi s � �'
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<br /> ,� and her awn right and as spouse of each other,
<br /> ___ MoRgagor_whether one or mo-e_in conaideretion ot the sum of ' � '- ;'
<br /> { Thirty Nine Thousand and No/100-------------- mLtAxs =
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<br /> loaned to said moRgagor by The Equitable Building and Le�an Association of Crand Island.Nebraska,Mortgagee,upon 390 shares of stock of
<br /> `i aaid ASSOCIATION,Cert�cate No. L23�016 ,do hereby grant,convey and mortgage unto the said ASSOCIATION the follow3ng
<br /> � described real estate,situated in Hall County,Nebraska: .
<br /> � THE EASTERLY ONE HALF (E�) OF SAID LOT SIX (6)
<br /> '4 IN NORWOOD SUB-DIVISION OF PART OF WZ NW4 OF
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<br /> SECTION 10, TOWNSHIP 11 NORTH, RAN6E 9 WEST OF f�
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<br /> a THE SIXTH PRINCIPAL MERIDIAN.
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<br /> �� together with all the tenements,hereditaments and appurtenances thercunto belonging,including attached tloor coverings,all window screens, �� iY�
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, � - �y
<br /> � refrigerators,and other fixtures and equipmmt now or hereafter attached to or used in connection with said real estate. ,*:
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<br /> � And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or �
<br /> -?� assessed upon said premixs and upon this mortgage and the bond secured thereby beforc the same shall become delinqumt:to furninh approved r �
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<br /> :� � iasurantt upon the buildings on said premises situated in the sum of S 39�0��.0� payable to said ASSOCIATION and to deliver to said :
<br /> �i � ASSOCIATiON the policies for said insurance;and not to commi[or permit any waste on or about said promises; �;
<br /> iIn case of deEault in the performance of any oC the terms and conditians of this mortgage or the bond eecured hereby,the mortgagee shall, ,;
<br /> �� on demand,be entitled to immediate ueuion of the mort ed remises and the mort or hveb aui s, transfers and sets over to the ���-
<br /> .f � Po B8B P Ba8 Y BR a.
<br /> �. mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br /> �:.j� � ��unpaid;and the mortgagee shall have the power to appoint any agrnt or agrnts it may desire for the purpose of repairing said premises and rrnting .
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premixs and neeessary
<br /> t � commissions and expenus incurred in renting and managing the same and of colleMing rentals thereFrom; the balance remaining, if any,to be
<br /> f applitd loward�he discharge of said mortgage inde6tedness:these rights of the mortgagee may be exercised at any time during the existena of such
<br /> {k �default,irrespective of any temporary waiver af the same. , � �
<br /> ,� �� These Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or beFore the maturity of said shares by x��
<br /> payment;pay monthly to said ASSOCIATION of the sum spe�ed in the Bond secured hereby as interest and principal on said toan,on or before
<br /> ��j the Twmtieth day of each and every month,until said loan is fully paid;pay all taxes and asussmrnts levied against said pcemixs and on tlus Mortgage �
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<br /> i and the Bond secured thereby,before delinquency:fumish approved insuranee upon the buildings thereon in the sum of�9�0��.�0 payable
<br /> ���k � to said ASSOCIATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,auessments and insurance with interert at
<br /> �;f . the tnaximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and rnmply
<br /> ���� ���.�0 this da
<br /> with all the agreemrnts and conditions of the Bond for 5 39 s y given by the said Mortgagor to said ASSOCIAT[ON,and eomply � .
<br /> � with all the requirements of the Constitution and By-Laws of said ASSOC[AT10N:then these presents shall become null and void,othe�cvise they
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<br /> '�.�. shail remain in full fora and may be foreclosed at the option of the said ASSOCIATION xFter failure for thrce months to make any of said
<br /> ' � paymerts or be thm months in acrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond; .
<br /> ;f and Mortgagor agrees to have a rceeiver appointed forthwith in such foreclosure proceedings. �
<br /> If thme is any change in ownership of the real estate mortgaged herein, by sale or otherwise,thm the encire remain3ng indebtedness heroby .
<br /> secured shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and psysble without � � �
<br /> . furlher notiar,and the amount rcmtining due under said bond,and any other bond Cor any addi4onal advances made thereunder,shali,from the � �
<br /> date of exercise of said option,bear interest at the maacimum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said �. ; �� � �
<br /> bond,and any o[hez bond for additional advances,together with all surtss paid by said'I'he Equitable Bw7ding and Loan Association of Grand Island, � . .
<br /> Nebreska for insurance,taxes and assessments,and abstrading exiension charges, with interest thereon, from date of payment at the maximum � - . . .
<br /> legalrata
<br /> � � Aa provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advancx additional sums to the � � � �
<br /> ,,�_ � .�.� maken of said Bond,their assigns or sucauon in interest,which sums shall be within the ucurity of this mortgage the same a:the funds originally . . �
<br /> � xeurcd thereby,thc total amount of principal debt not to exceed at any time the original amount of this mortgage. . .
<br /> j' oacea.:�:�24th yoe February A.D.,i9 7
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<br /> ,� ames Lee Carter etty C er
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<br /> # S�'ATE OF NEBRASKA,�
<br /> - COUN1'Y OF HALL �" On this 24th. day of February 19 7$ ,before me, �
<br /> �' �� ' � � � �� � � � �� the undersigned,a Notary Public in and for said County,personally came "
<br /> � �' L e e C a r t e r a n d B e t t Jo Carter, each i n his and her own ri q�it and as spouge of I tb'*�
<br /> �, Y v are PeYaonally known to � y�,,�`
<br /> ", . �.ap'!� r� {",
<br /> � �� ����s;��. person S� whou num S dY'E aftixed to t2�e above inatrument as mortgagor 5 and they severally F'�' :,'
<br /> °a, t�now �sai rume�c to be thei r �,olwi �
<br /> IedgE� taty act and deed, u�'
<br /> ' y+�? NOTP.RY 7�W1 my hand aad Notarial Seal the date aforeaeid. ti•�
<br /> COLtM! S7GA1� � ^ �itw ���;:�£
<br /> � ' EXPIR£5. ��Y mmiaion expirea���, _�-_ ,�/�, ,��O � r` _ ��
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<br /> ! J, q�c ` 1�iQ'o S�P �1 � Notary Public
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<br /> FOF t�E�`�' �
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