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<br /> %�-001721 '�
<br /> MORTGAGE q�
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<br /> � I�ORTGAGE LOAN NO. �- ZZ.964 �
<br /> ; KNOW ALLMEN BY THESEPRESENTS:That Li nda $COPZB� a si ngl e P2Y'50�1 ;�'
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<br /> �E . � � � __Mortgagoq whether one o_more_Sn conaidera.tion of the sum ot ' � � � '�� �� �
<br /> ; Twenty Seven Thousand and No/100---------------- --------- ; E:
<br /> DOLLARS `.-,ir
<br /> loaned to said mortgagor by The Equitable Bulldin and Luun Auociation of Grand island,Nebraska,Mongagee;upon� shares of stock of
<br /> said ASSOCIA770N, Cert�pte No. L 22+96�4 ,do hereby grant, comey and mortgage unto the said ASSOCIATION the following °
<br /> described real extate,situated in Hall County,Nebraska: .,�,t
<br /> LOT SEVEN (7), BISHOP HETGHTS
<br /> i THIRD SUBDIVISION OF HALL
<br /> COUNTY, NEBRASKA �;
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<br /> � togetF�er with all the tenemrnts,heredita[nents and appurtenances thereunto belonging,including attached floor coverings,all window scr«ns, k`"�
<br /> =E�� � window shades,blinds,storm windows,awnings,heating,air conditioning,and plwnbing and water equipment and accessories thereto,pumps,atoves, "��'�.
<br /> ,.� refrigeretors,and other ftxtures and equipment now or hereafter attached to or used in connection wi[h said real estate. `� ,�;
<br /> �� And wheress the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments Icvied�or ^
<br /> '� �. � assessed�upon said premises and upon this mortgage and the bond secµt�d the�by��efurc the same shall become delinquent;to furnish approved �`
<br /> S insurance upon the buildings on said premises situated in the sum uf b� �U�� V payable to said ASSO(:IATION and to deliver to said + �
<br /> fASSOCIATIUN the policies for said insursnce;and not to rnmmit or permit any waste on or about said premius; '� �ti
<br /> ��� In case of default in the performance of any of the terms and conditions of this mort�age or the bond secured hereby,the mortgagee shall,� ,. £� y��,
<br /> ,{-, on demand,be entitled to immediate posseuiun of the mortgaged premises and the mortgagor hereby assigns, transfers and uts over to tlie
<br /> j� mort�gee aA the rents,revenues and inmme to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain . °-
<br /> � unpaid;and the mortgagee shail have the power to appoint any agrnt or agents it may desire for the purpose of repairing said premius nnd rmting txy::
<br /> �� . the same and collecting the rents,revenues and inwme,and it may pay out of said inwme all expenses oF repairing said premius and nettssary � �
<br /> .�� comrtrissions and expenses ineurred in renting and managing the same and of collecting rrntals therefrom; the balance remaining, J any,to be - � r :��
<br /> � applied toward the discharge of said mortgage indebtedness;theu righ[s oC the mortgagee may be exercised at any time during the existena of wck � ^'
<br /> � . default,irmspeMive of any temporary waiver of the same. ��i;
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<br /> '� . These Pmsents,however,are upon the Condition,Thet if the said Mortgagor shall repay said loan on or before the maturity of said shares by �
<br /> 'f� payment;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan,on or beFore
<br /> ��.� the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and asxssments levied against said premises and on this Mortgage
<br /> ,�y�.. and the Bond secured thereby,beCore detinquency;furnish approved insurance upon the buildings thereon in the sum of S 2��QQQ.QQ payable
<br /> ! to said ASSOCIATION:repay to said ASSOCIAI'ION upon demand all money by it paid for such taxes,assessments and insurance with interest at
<br /> � the mazimum legal rate thereon from date of payment all uC which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> with a11 t6e ageements and conditions of the Bond tor 52] OOO.�� this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> with all the requirements of the Constitution and ByLaws o�said ASSOCIATION;then these prexnts shall bewme null and wid,otherwise they
<br /> � shall remain in full force and may be forecloud at the option of the said ASSOC[ATION after failure for three months to make any of 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 aaid Bond� �
<br /> �� and Mortgagor agrees to have a receiver appointed forthwiih in such foreclosure proceedings. ' �
<br /> + . IE there is any change in ownership of the rea!estate mortgaged herein,by sale or otherwise,then the en[ire remaining indebtedness hereby
<br /> � ' secured shall,a[the option of The Equitable Building and Loan Association of Grand Island,Nebraska,bemme immediately due and payable without � � ��
<br /> further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the
<br /> 5 � date of exercise of said option,bear interest at the maximum legal rate,and this mortgage may then be foredosed to satisfy the amount due on said
<br /> t�� . � 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 /> Nebraslca for insurance,taxes and assessments,and abstracting extension charges, wi[h interest thereon,from date of payment at the maximum
<br /> }i tegal rate.
<br /> � � �� As provided in the Bond�secuzed hereby,while this mortgage remains in effect the mortgagee may hereafter advantt additional sums to the � �
<br /> maken of said Bond,their assigns or successon in interest,which sums sha11 be within the security of this mortgage the same as the funds originally
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<br /> secured thueby,the total amount of prineipal debt not to exceed at any time the original amount of this mortgage.
<br /> -� Dat his ' rjth. Q day of .7anuary A.D.,19]g
<br /> da� QSJ�.a-c.�o`_
<br /> 3 n a corza "
<br /> STATE OF NEB1tASKA,��. On this 5th. a,y of January 19�$ ,beforc me,
<br /> 'COUNTY OR FiALL
<br /> .. . the undera' ed,a No Y,personally came �-.
<br /> �gn tary Public in and for said Count
<br /> l.l Ildd Scorza, a si ngl e person ano 7 5 personallyknown to � xr„
<br /> me to be the identical �son whose name �S aft`ixed to the above instrwaent as mort �'�
<br /> P� gagor and SftE !!itlll�iy
<br /> adcno�vledged ehe aeid inatrument to be hEr wluntary act and d«d. ��.�.�;`
<br /> � -�� �WI1'NESS�my�hand and�Notarisl Seal the date aforesaid. . i���1' - .,.• '�``.�.
<br /> �6Et1EitA�NOiAR 1 MStete of t.le ���s . .. � . � . .
<br /> JAMES W.OLSON Notary Public
<br /> , rq�Cnmm.Exp..Nov..12.1 .. /._�. .�� � .
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