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<br /> 78-� �01484
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. 23,033
<br /> KNOW ALL MEN BY THESE PRESENTS:That Lee R. Cohn and Laurel E. Cohn, 2dCh 7 tl hl S and her 1
<br /> own right and as spouse of each other
<br /> Morigagor,whether one or more,in consideration of the sum of �
<br /> Twentv One Thousand and No/100----------------------------------------------------��LA�
<br /> loaned to said mortgagor by The Equitable Buitding and Luan Association of Grand Island,Nebraska,Mortgagee,upon� 21� shares of stock of �
<br /> said ASSOCIATION, Certificate No.L 23 033 ,do hereby grant,convey and mongage unto the said ASSOC/ATION the following .
<br /> described real estate,situated in Hall County,�lebraska: �
<br /> fRACTIONAL LOT SIX (6), AND LOTS SEVEN (7) ANO EIGHT (8),
<br /> IN FRACTIONAL BLOCK FOURTEEN (14), IN FAIRVIEW PARK AODITION,
<br /> AND THE COMPLEMENT OF SAID FRACTIONAL LOT SIX (6), IN FRACTIONAL
<br /> BLOCK FOURTEEN (14), IN FAIRVIEW PARK ADDITION, BEING ALL OF
<br /> FRACTIONAL BLOCK ONE (1), IN WALLTCHS' ADDITION, ALL BEI�JG ADDITIONS
<br /> TO THE CITY OF GRAND ISLAND, NEBRASKA.
<br /> together with all the tenements, hereditaments and appurtenances thereunto belonging,including attached Floor coverings,all window urcens, �
<br /> window si�ades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, � �
<br /> refrigerators,and other fixtures and equipment now or hereaRer attached to or used in connection with said real estate. � . �
<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 premises and upon this mortgage and the bond ucured thereby before the same shall become delinquent;to furnish approved
<br /> insurance upon the buiidings on said premises situated in the sum of S Z 1,���.�0 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 /> In cau of default 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[o immediate possession of the mortgaged premius and the mortgagor hereby assigns, transfers and sets 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 shall remain �
<br /> unpaid:and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting � �
<br /> �� the same and collecting the rents,revenues and income,and it may pay out of said income all expenxs of repairing said premius and necessary � .
<br /> commissions and expmses incurred in rrnting and managing the same and o£collecting rentals dierefrom; the balance remaining,if any, to be . � �
<br /> '� appHed toward the discharge of said mortgage indebtedness;these rights of the mortgagee mey be exercised ai any time during the existence of such �
<br /> �i default,irrespective oF any temporary waiver oC the sama � �
<br /> These Preunts,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or befure the maturity of said shares by
<br /> payment;pay monthly to said ASSOCIATION of the sum specified in the Bond ucured hereby as interest and principal on said toan,on or before
<br /> the Twentieth d•ry uf each and every month,untii said loan is fully paid;pay all iaxes and assessments levied against said premises and on this Mortgage -
<br /> .� and the Hond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of S 2].,QQQ.QQ payable ��
<br /> �� to said ASSOCIAT(ON;repay to said ASSOCIATION upon demand all money by it paid for such[axes,assessments and insurance with interes[at - � .
<br /> the maximum legal rate thereon from dnte of payment all of which Mortgagor hereby agrees ro pay;permit no waste on said premius;keep and comply ' �
<br /> with all the agreements and conditions of the Bond for$ 2 j����.��this day given by the said hlortgagor to said ASSOCIATION,and comply
<br /> with all the requirements of the Constitution and By-L.aws of said ASSOCIATION;then theu presents shail become null and void,otherwise they .
<br /> shall remain in fuil force and may be foreciosed at the option of the said ASSOCIATION after failure for three months to make any of said � � �
<br /> payments or be three months in arrears in making said monthly payments,or co keep and cumply with the agreements and conditions of said Bond;
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure pmceedings �
<br /> If there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby �
<br /> ucured shall,at the option of The Equitable Building and Loan Association of Crand Island,Nebraska,become immediately due and payable without
<br /> further nolice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the
<br /> date o(exercise 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 sums paid by said The Equitable Building and Loan Association of Grand[sland,
<br /> .i Nebraska for insurance,taxes and assessments,and abstracting extension charges,with interost [hereon, from date of payment at the maximum �
<br /> legal rate.
<br /> As provided in the Bond xcured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage[he same as the funds originally .
<br /> secured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br /> ted this--�t=�� � aay or March A.D..19 78
<br /> 0
<br /> L e�R�- o n ,/ C- L�---�
<br /> ,'i ��.������ �
<br /> Laurel E. Cohn .
<br /> ", STATE OFNEBRASKA,�
<br /> ::j _ COUN1'Y OF HALL �. On this 16th day of �d rCh 19 78 .betore me,
<br /> ����? �� the undersigned,a Notary Public in and for said County,personaliy came
<br /> Lee R. Cohn and Laurel E. Cohn, each in his and her own right and as spouse of each other �
<br /> � . ,' ._ . who d�-e personally known to
<br /> me to be the identical persong whox name5 d re affixed[o the above instrument as mortgagor S and they u����Y
<br /> ';�'z � acknowledged the said iastrument to be thei r voluntary act and deed.
<br /> WITNESS my hand and Notarisl Seal the date aforesaid. .
<br /> My Commission explrca �
<br /> BEMEFA4 NQlaRY Sreta o!ti.� �'� �, 3 Notary Pubh
<br /> s.t nt JAMfg w nl.SOsv , y
<br /> � MY Com�ft.lRP.NW.12,1`J.9} , y� // ��
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