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<br /> � �s- U01360
<br /> MORTGAGE
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<br /> �. MORTGAGE LOAN NO. L23.028 4 s�+
<br /> KNOWALL MEN BY THESE PRESEN75:That MdY'y J. Ki nman, a si ngl e person 4 ��
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<br /> :1 ' � � Mortgagor,whether one or more,in eonsideratlon of the sum of
<br /> s Eiahteen Thousand and Eiaht Hundred and No/100-------------------------------------�LtAxs
<br /> ��loaned to said mortgagor by The Equitable Building and Loan Association of Grand[sland,Nebraska,Mort
<br /> F. ��. � gagee,upon ],$$ sharcs of stock of�
<br /> i said ASSOCIATtON,Certificate No.L 23a�28 ,do heroby grant,convey and mortgage unto the said qSSOCIATION the following
<br /> descn'bed real estate,situated in Hall County,Nebraska: -
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<br /> t LOT ONE Ht1NDRED EI6HT (I08j IN BUENRVISTA �
<br /> i SUBDIVISION, AN ADDITION TO THE CITY OF r
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA. �`�
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<br /> together with all the tenements,hereditamrnts and appurtenances ehereunto belonging, including attached Aoor coverin � rr" z
<br /> gs,all window ur�rns, � �y��
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipmrnt and accessories ffiereto,pumps,stoves,
<br /> � . rcfrigerators,and other fix[ures and equipment now or hereafter attached to or used in connection with said rtal esiate. ,,.'�
<br /> a� �. Md whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or �`- � f "
<br /> auessed upon said premises and upon this mortgage and the bond ucured thereby before the same shall become delinqueni;to furnish approved. S `
<br /> :f� insurance upon[he buildings on said premises situated in the sum ot S t'�""-
<br /> ASSOCIATION the �18{$��.�0 payable to p id ASSOCIATION and to deliver to said �S
<br /> .�� policits fur said insurance;and not to commit or rmi an waste on or about said remises; , ;
<br /> �?� in case of deFault in the pedormance of any of the terms and conditions of this mortgage or the bond securcd hereby,the mortgagee shall, i�� M���
<br /> on demand,be en[itled to immediate possession of the mortgaged premius and the mongagor hereby assigns, transfers and xts over to the�
<br /> . . mortgagee a l l t he rents,revenues and ineome to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain �rt#;
<br /> unpaid;.and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose oF repairing said prem3ses and renting 'S:
<br /> . the satne and collecting the rents,revenues and income,and it may pay out of said income all expenus of repairing said premise:and neassary � �'
<br /> commissions and expenxs inwrred in renting and managing the same and of collecting rmtals thercfrom;the balance rcmaining,if any,to be �fi
<br /> appLed toward the discharge of said mortgage indebtedness;these rights of the mongagee may be exercised at any time during the existence of such �' ����-`:��
<br /> default,'vrespective of any temporary waiver of the same.
<br /> � These Prcunts,however,arc upon the Condition,That if the said Mongagor shall repay said loan on or befon the maturity of said thares by � �
<br /> payment;pay monthly to said ASSOCIAT[ON of the rum specified in the Bond xcured hereby as interest and principal on said loan,on or before i'
<br /> � . . the Twrntieth day of each and every month,until said loan is fully paid;pay ail taxes and asseumrnts levied against said prcmises and on this Mortgage - �
<br /> . and the�Bond xcured thereby,before delinquency:furnish approved insurance upon the buildings thereon in the sum of S I$�$��.�� payable
<br /> ,f � to said A$$OCIATION:ropay to said ASSOCIATION upon demand all money by it paid for such taxes,asseuments and insurana with interest at .
<br /> � the ma�cimum legal rete thereon from date of payment alI oC which Mortgagor hereby agrees to pay;permit no waste on said premius;keep and comply� .
<br /> -, . � �with all the agreemrnts and conditions of the Bond for S j$�$QQ.QQ this day given by the said Mortgagor to said ASSOCIAT[ON,and comply . �
<br /> .�4 with ali the requirements of the Constitution and By-Laws of said ASSOCIAT[ON:then thex preunts shall become null and void,otherwise they � �
<br /> . shall remain in Cull force and may be forecloxd at the option of the said ASSOCIAT[ON after failure for throe monihs to make any of said
<br /> '�. payments or be three months in arrears in making said monthly payments,or to keep and compiy with the agreemmts and conditions of said Bond;
<br /> and Mortgagor agrees to have a receiver appointed fozthwith in such foreclosure proceedings.
<br /> q � If there is aay change in ownership of the rcal estate mortgaged herein,by sale or otherwise,then the mtire remaining indebtedness hereby � � �
<br /> �ecured shall,at the option of The Equitable Building and Loan qssociation of Grand Island,Nebraska,become immediately due and payable without
<br /> further notice,and the amount remaining due under said bond,and any o[her bond for any additional advances made[hereunder,shall,Gom the `
<br /> � � � date of exercise of mid option,bear interest at the maximum legal rate,and this mortgage may then be forectoud to satlsfy the amount due on said
<br /> bond,and any ot6er bond for additional advances,together with al1 sums paid by said The Equitable Building and Loan Association of Grand Island, �
<br /> . Nebraska for insurance,taxes and asseuments,and abstracting extension charges,with interest therean, from date of payment at the maximum
<br /> Iega1 rata
<br /> As�provided in the Bond xcured hereby,while this mortgage remains in effect the mortgagce may hereafter advance additional sums to the
<br /> � . makers of said Hond,their assigns or successors in�interest,which sums shall be within the security of this mortgage the same as et�e funds originally � �
<br /> . secured thereby,the total amount of principat debt not to exaed at any time ti�e original atnount of this mortgage. . � �.
<br /> Dated this '�O'tF16 day of March A.D.,�9 7g
<br /> �� �/ ��.�n^r.re�_
<br /> r�ary . ��mar�
<br /> STATE OF NEHRASKA,� ,,",��,.:'.
<br /> "' COUNfY OF HALL �' ' Oa this ��th• �y o� Ma rch �9 �$ ,before me, ....
<br /> `' ' � "� � � the undersigned,a Notary Public in and for said Couniy,personally came � - •��
<br /> Ma�y J ICinman� a► s•tr�/f p�°rr vti who " �
<br /> `; ... ;�'�, _ � 15 P�nonally known to� ;
<br /> nr to ba the identicai peraon' whose name 'I S affixed to the above instrume mortgagor and S FIE uK�y e'"''�^ .'
<br /> aeknowledged the:sald inatrument to be Fle!^ wluntary act and dad. x,,"`�'
<br /> WITNESS my hand and Nohrisi Sea1 Uu date aforoeaid. � ��.��w ,K'�:�
<br /> My Commiasion expirea �
<br /> � �ERAL N0T0.RY-State�of Nebr. � Nohry Public .
<br /> JAW1�'S W.OCSQ(V
<br /> • � 11Y Uvrn�.f:xv�Nov,12.i�75 . � . � � �% ��7�
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