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<br /> MORTGAGE
<br /> MORTGAGELOAN NO. L23�O17 MGIC
<br /> i IQVOW ALL MEN BY THESE PRESENTS:That Harvey L. Wi 11 i ams and Emma $. Wi 11 i ams, each l t1 hl 5 ,
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<br /> and her own right and as spouse of each other
<br /> EMortgagoq whether one or more,in wnsideration oC the sum of � �
<br /> � Twentv Five Thousand and No/100---------------------------------------------------��,� �
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<br /> ; laaned to said moRgagor by The Equitable Buildin and Loan Association of Grand Island,Nebraska,Mortgagee;upon� 250 shares of stock of �. � � �
<br /> said ASSOCIATION,CeRificate No. L 23a��� M�,do hereby grant, wnvey and mortgage unto the said ASSOCIA'CION the following �� �
<br /> ; described real estate,situated in Hall County,Nebraska: � � �
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<br /> LOT THREE {3), IN BLOCK TWENTY-NINE (29), OF RUSSEL
<br /> WHEELER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br /> COUNTY, NEBRASKA.
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<br /> together with all the tenemen[s,hereditaments and appurtenances thereunto belonging,including attached floor coverings,aU window screrns, - . � � � ��
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipmmt and accessories thereto,pumps,stoves, � � - �
<br /> � refrigerators,and other fixtuces and equipment now or herexfter attached to or used in connection with said real estate. . . � �
<br /> And whereas the said mortgagor has agreed and dces hereby agree that the mortgagor shall and will pay all taxes and auessments levied or �
<br /> auessed upon said premises and upon this mortgage and the bond secureS� he eby be ore the same shall become delinquent:to furnish approved . ��
<br /> ' insurance upon the buildings on said premius situated in the sum of b C�,�0�1•0� payable to said ASSOCIATION and to deliver to said .
<br /> ? ASSOCIATION the policies for said insurance;and not ro commit or permit any waste on or about said premiur, . � �
<br /> In case of defauit in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall, . . . .
<br /> on demand,be entitled to immediate possession oF the mortgaged premises and the mortgagor heroby assigns, transCers.and xts over to the . . . �
<br /> mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shatl remain . � � . ,
<br /> unpaid:and the mortgagee shall have the power to appoint any agent or agents it may desirc for[he purpou of repairing said premius and renting � . �
<br /> the same and collecting the ronts,revenues and income,and it may pay out of said income all expenus of repairing said premises and necessary . . .
<br /> commissions and expenses inwrred in rmting and managing the same and of collecting rentals therefrom: the balanm remaining, if any,to be . �� � �
<br /> applied toward the discharge of said mortgage indebtedneu:these rights of the mortgagee may be exerciud at any time during the existence of such - � � � � �
<br /> default,irrespective of any iemporary waiver of the same. � . � � � -
<br /> These Preunts,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shares by � �.
<br /> 3 paymmt;pay monthly to said ASSOCIATION of the sum specified in the Bond secwed hercby as interest and principal on said loan,on or beCore � �
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay atl taxes and assessments levied against said premius and on this Mortgage � �
<br /> J and the Bond secured thereby,before delinquency:furnish approved insurance upon the buildings thereon in the sum of S Z$��0�.�0 payabk � � �
<br /> �# to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with intttest at �.
<br /> �.� the maximum legal rate therean from date of payment all of which Mortgagor hereby agrees to pay:permit nu waste on said premius;keep and eomply � . . � �
<br /> iwith all the agreements and conditions of the Bond for S Z 5,OOO.OQhis day given by the said Mortgagor to said ASSOCIATION,and comply . �. � �
<br /> with all the requirements of the Constitution and By-Laws of said ASSOCIATION: then these prexnts shall become null and wid,otherwiu they
<br /> � shalt cemain in full force and may be foreclosed at the option of the said ASSOCIATfON after failure for three months to makt any of said � � �-
<br /> `� paymmts or be three 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 Coreclosure proceedings. - �� , '
<br /> If there is any change in ownership of the real estate mortgaged herein,by sale or otherwix,then the entire remaining indebtedneu hmeby � �
<br /> secumd shall,at the option of The Equi[able Building and Loan Association of Grand Island,Nebraska,become immediately due and psyable without � � . ��
<br /> � further notia,and the amount remaining due under said bond,and any other hond for any additional adva�ces made thereunder,shail,from the . - . �
<br /> date of exercise of said option,bear inierest 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 sums paid by said The Equitable Building and Loan Association of Grand Island, � � � -
<br /> Nebraska for insurance,[axes and asuuments,and abstracting extmsion charges, with interest thereon, from date of payment at the maximum � �
<br /> legal raie. � � �
<br /> ..y As pmvided in the Bond xcured hereby,while this mortgage remains in effect the mortgagee may hereafter advsnce additional sums to the � �� - � � �
<br /> makers of uid Bond,their assigns or successors in interest,which sums shall be within the:ecurity of this mortgage the same as the Fuads originally � .
<br /> secured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage. � � .�
<br /> Da ed this Z]th. day of February A.D..19]$ ..
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<br /> � ar ey . i i s l ,
<br /> �:..,,.....�,.�7,���--
<br />�� �mna S. Wi l l i ams
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<br /> � STATE OF NEBRASKA,�� pn this 2�th• day of February 19�$ ,before me,
<br /> � �COUNTY OF HALL � �
<br /> P - . the underagned,a Notary Public in and tor sald County,personally came ;�
<br /> ; Harvey L. Williams and Emma S. Williams, each in his and her own rw�o t and as s�ouse of � ; r
<br /> � each other _ are �� nally known to ,
<br /> me to be the idrntiwl person5 ' whose name5 di'E a�xed to the above instr as mortgagor S and the,Y uverally
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<br /> . �acknowledged the said instntment to be thei r voluntary act and deed. 3 r(�
<br /> � � W[TNESS my hand and Notarisl Seal the date aforcsaid. . ii%%/�� . ="!�#
<br /> My Commiasi n exp'ues Y � �
<br /> . pENERAL NOTARY•9tste o1 NeM. � otary Pubh'c �
<br /> t �sr ntAMES W.OLSON .
<br /> MY�mm.�o.Nov.12,1979 / � ����
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