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<br /> �s-� 002179
<br /> MORTCACE
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<br /> I MORTCAGELC7ANN0.� z3�0E$ MGIC
<br /> KMOW ALL MEN BY'fHESE PRESENTS:Thar Lawrence E. Fry and Fawn L. Fry, each i n hi s and
<br /> her own right and as sPouse of each nther
<br /> --'^------58 ---_—�___�—^—^—^---^----- YfSesumuf
<br /> Mort e or,whether one or mute,in Gonsideraqon oC
<br /> Thirtv One Thousa-nd and No/100-- ----- ----- ��LA�
<br /> loantd[c.wid mort�agor by The f:quiEable Building and L,c>an qssooiation of Grand(sland,Nebraska,Mortgagee,upon �lb sh.ares of ztuak of �
<br /> said AS50CIA7'ION�,Cert�ificate N�. L23a06� M��IC ao here,dy grant., cnnvey and martEpagc unto thc sa�.id ASSCyC1AT1UN the Collowing
<br /> deseribed real estaSc,sit:uated in Hall.County�,Nebraska: � .
<br /> LOT 6NE (T), AN!D LOT TWO (2), IN
<br /> BLOGK SIX �6) IN MEVES FIRST ADDITIO'N FO THE
<br /> CITY Of GRAM'D ISLAND, HALL COUNTY, NE�,RASkA.
<br /> togetNer w,ith all the tentments,here�iitaments�and appurtenanr.rs theeeurrco M1elonging,ineluding attached'f7�uor covtrings�,ail window scraens, .� � � , �":�',
<br /> wYndaw shades,blinds.,storm windows.,awnings,hrating,.a�ir cc�nditionir�g,and plumburg an�water equipment and�azcessoria therctu,pumps.stoves�, � �
<br /> rtfrigeratota,and other fixtures an,d equipment now or herea�fter attachrd zo or used in conncetion wit�h said real estate�. � � �� �
<br /> � And whereas the said mortgag�r has ageeil anU does.heroby agree thai [he mu�tgag,or shalt and wiSl pay a41 2vices and asseswnen:s levied ur
<br /> �assessed�. up�n said premius and upun this mortgage aud thc bon�1 setured thgte¢y�rgfnre the same shall become d.elinquent;to furrtish approvrd � �
<br /> i.vsuranue upon rhe�buildings un said premius iituaieel in the sum o!$ 31 sUQU.OU payable to said AS$OC'IATI;QPf and to�iieliver to�5aid.
<br /> � A6SOCIATION dhe pulicies.Cor said insuranee;and�nut ta commit ur permit any w-aste an ar abo��ut said premius, �
<br /> �� ln case of defamlt in tha performancc af any ot the terrns and mnd�ifions ot this m�zrtgage�or the bund xcured hereb}•,the morCgagee sha)1, � � �
<br />� on demand,br rntitled co immediate possessi�o of rhe moRRagad premises and the mortgagur hereby assigns, transfers and se[s uvar [o thC
<br /> ` mortgagee all the rents,revenues and income to be derived from the mortgaged premius during such time as the mortgage indebtedness shall remain �
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or ngents it may desize Cor the purpose of repairing said premises and rrnting � � �
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income all expenses oC repairing said premises and neassary . .
<br /> commissions and expenaes inwned in renting and managing the same and of cotlecting rentals thercfrom; the balance remaining,if any,to be �
<br /> applied toward the dixharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during[he existence of such � ��
<br /> default,irrespective of any tempocary waiver of the sama � �
<br /> These Preunis,however,are upon the Condition,'fhat iC the said Morigagor shal!repay said loan on or before the maturity of said shares by � � �
<br /> payment:pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan,on or before � � � �
<br /> the Twen[ieth day of each and every month,until said loan is fully paid;pay all taxes and assessmrnts levied against said premises and on this Mortgage . � �� � �
<br /> and the Bond aecured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of S 31����.�0 payabk� � � �
<br /> to said p$SOCIATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,asussments and insurance with interes[at �
<br /> the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrces to pay:permit no waste on said premius;keep and comply . -� . .
<br /> wiih aIl the agreements and conditions of the Bond for S $1.�0�.QQthis day given by the said Mortgagor to said ASSOCIA7'ION,and rnmply �� �� � �� .
<br /> with all the requirements of the Constitution and By-Laws of said ASSOCIATION;then these preunts shall become null and wid,otherwise they
<br /> shail remain in full force and may be forcclosed at the option of the said ASSOCIATION aRer failurc 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 6ond; � � �-
<br /> . and Mortgagor agrees to have a receiver appointed forthwith in such forcclosure proceedings. �� � � � �
<br /> If there is any change in ownership of the real estate mor[gaged hercin,by sale or otherwise,thrn the mt'ue remaining indebtedness hereby � �
<br /> securcd shall,at the option of The Equitable Building and Loan Association oC Grand Island,Nebraska,become 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 /> date of exercise of said option,bear interest at the maxirnum legal rate,and this mortgage may then be foredosed to satisfy the amount due on said � �- � ��
<br /> boad,and any other bond for additional advances,together with all sums paid by said The Equitable Suilding and Loan Association of Grand Island, � �
<br /> Nebraska for insurance,taxes and asuuments,and abstracting extension charges, with interest thereon, Gom date of payment at the maximum � � � � � � -
<br /> legal rafa � , � � � . �
<br /> As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to ihe � �
<br /> makers of said Bond,their asvigns or sucttuors in interest,which sums shall be within the security of this mortgage the same as the funds originally �
<br /> . . secured thereby,the total amount of principal debt not to exceed at any time the original amount of tMs mortgage. - �
<br /> Dated this 13th. aey or Apri 1 q_p„�g 7$
<br /> �Aru�Ut�.-+-- �
<br /> a nce
<br /> Fawn L. Fry . ,
<br /> STATE OF NEBRASKA;t� o„Iw, 13th. ae or A ri 1 �
<br /> COUN?Y OF HALL S Y P I9 7$ ,before me, �_
<br /> � � the dezsigned,a Not Public in and For said Coun ,personally came � x �. ����
<br /> Lawrence E. Fry and Fawn L. Fry, each in his and�ier own rig�it and as spouse ofi each other r ;�
<br /> who a re P�«nally known to I f
<br /> . � " me to be the identical perso� `P�hlse� �are aff`ixed to the abovc instnunent as mortgagor 5 and they severellY #
<br /> � �adcnowledged the said' \ bC�N��@�Y�� lmtary act and deed. y ;:' �:
<br /> WIZ'NESS �11��jVTtan�S� teaforesaid. % ��
<br /> i+6s _
<br /> .. � MyCo - ion�ex�B!!� RY S� 2��� �e!����!`��L��'r.�j�� .
<br /> bl-x�tu ';1;.` :t,�✓, cyp � NotaryPublic
<br /> `-�,ur i.E�RP�Q �
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