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<br /> MORTGACG
<br /> MORTCAGE LOAN NO. L 23�049
<br /> � KNOWALLMENBYTHESEPRESENTS�That Max M. Snyder dlld Roberta �. Snyder, edC�l in h15
<br /> and her own right and as spouse of each other,
<br /> Mortgegor,whether one or more,in coeuideration of the sum of . �.
<br /> ' ; Twenty Two Thousand Five Hundred and No/100------------------------------------ ��LA�
<br /> loaned to said mortgagor by The Equitable Building and Luan Association of Crand Island,Nebraska,Mortgagee,upon 2z5 shazes of stock of �
<br /> . said ASSOCIATION, Certificate No.L 2$�049 ,do hereby grant,convey and mortgage unto the said ASSOC[ATIOY the following ��
<br /> described real estate, situated in Fiall County.Nebraska: �
<br /> LOT SYX (6) AND THE SOUTH HALF (S32) OF LOT
<br /> FOUR (4), IN QLOCK EIGHTEEN (18) COLLEGE
<br /> ADDITION TO "�JEST LAWN, IN THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASY.A.
<br /> ' .
<br /> together with all the tenements,hereditaments and appurtenances thereunto belongin�,including attached floor coverings,all window ureens, �
<br /> window shades,b�inds,srorm windows,awnings,heating,air wnditioning,and plumbiny and water equipment and accessories thereto,pumps,stoves, . ' �
<br /> refrigerators,and other fixtures and equipment rtow or hereafter attachad[o or used in connection with said real estata � c,'.
<br /> And whereas the said mortgagor has agreed and does hereby ag�ee that the mortgagor shall and will pay alt taxes and asseuments levird or
<br /> , assessed apon said premiscs and upon lhis mortgage and the bond seu+red ther�by be(ore the same shall become delinquent;to furnislt approved '' .
<br /> insuronce upon the buildings on said premises situated in the sum of�.22��$QQ.QQ payable to said ASSOCIATION an� to deliver to seid �� . �
<br /> ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said prernius; � _,;,j��
<br /> ' in case of default in the performance of any of the terms and conditions oC this mortgage or the bond secured hereby,the mortgagee shall, �
<br /> .f on demand,be entitled to immediate posussion of the mortgaged premixs 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 co appoint any agent or agents it may desire for the purpose of repairing said premius and renting �
<br /> � I the same and collecting the rents,revenues and income,and it may pay out of said inwme all expenses of repairing said premises and necessary i � �- ti:
<br /> �: j commissions and expenses incurred in renting and managing ihe same and of collecting rentals therefrom; the balance romaining,if any,to be . � �
<br /> appGed toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exerciud at any time during the existence of such A. � �
<br /> ���,.i default,irrespective of any temporary waiver of the same.
<br /> These Preaents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shares by � �
<br /> payment;pay monthly ro said ASSOCtAT10N of the sum specified in the Bond ucured hereby as interest and principal on said loan,on or beforc �
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage �
<br /> ��:� and the Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$22�5��.�� payable � . �
<br /> to said ASSOCIATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at � �
<br /> �. �� the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premiser keep and comply . � � �
<br /> -. f with all the agreemrnts and conditions oF the Bond for$22 rJn��(�(� this day given by the said Mortgagor to said ASSOCIA710N,and comply � .�
<br /> �� � with all the requirements of the Constitution and ByL.aws oPsa3 ASSDCIATION;thrn these preunts shall become null and void,otherwise they �. .. .
<br /> ;�,.j shall remain in fuU force and may be foreelosed at the option o(the said ASSOCIATION afier failure for three months to make any of said � �
<br /> ..�� payments 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 /> ����t and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. � � �
<br /> ��� If there is any change in ownership of ihe real estate mortgaged herein, by sale or otherwix,then the entire remaining indeb[edneu hereby
<br /> secured shall,at the option ot The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without � � - � � ��
<br /> lurther notice,and the amount remaining due under said bond,and any other bond fur any additional advances made thereunder,shall,from the . � - �� -
<br /> date of exerciu 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 Btdlding and Loan Association of Grand Island, � � ��
<br /> Nebreska for insurance,taxes and assessments,and abstracting extension cherges, with interest thereon, from date of payment at the maximum � �� �
<br /> . legal rata � � .
<br /> '-i As provided in the Bond ucured hereby,while this mortgage remains in effect the mortgagee may hereafter advance addi[ional sums to the � � � � �
<br /> makers of said Bond,their assigns or succeuors in interest,whieh sums shall be within the security of this mortgage ffie same as the funds originally i � � � �
<br /> sewred thereby,the tota!amount of principal debt not to exceed at any time the original amount of this mortgage. ; � � . .. �
<br /> Dated this 29th• day of March p.D.,19�$ i� . . �� .
<br /> . �,�;L,� .,..������ -������=7- ����. �
<br /> a Max M. Snyder �o erta J. Snyd '
<br /> � �
<br /> � STATE OF NEBRASKA,�ffi On this 29 th. aay oe March 19 7$ ,before me, --
<br /> COUNTY OF HALL �
<br /> F � � � - the undersigned,a Notary Public in and for said County,personally came �,'�'+ .*.-� '
<br /> Max M.: Snyder and Roberta J. Snyder, each in his and her own right and as spouse Qf
<br /> ed � who are P�nonal y known to } • �
<br /> � .tl�� t � � raon ��5� whose name S dY'2 affixed to the above instrumrnt es mortgagor 5 end tfl@,Y severally � a�'�� '4
<br /> i ��$!d¢h,�r�' ument to be the i r �oluntary act and deed. � ^�t�,
<br /> , �� .iVhj'N my hand and otarial Sesl the date aforesaid. �� d�.:--,.
<br /> t�IOTARY ' ��O � .
<br /> i � T�� COMMiSSIO�Y. �on expiros 3� t � �� ��
<br /> i _ ' flCPIR£S : �
<br /> Notary Public
<br /> � ' �;��C 31,��j�P
<br /> ��Of W'E6��S �
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