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<br /> 78� UC2241
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<br /> MORTGAGE
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<br /> . MORTGAGE LOAN NO. � 23.066
<br />� KNOW ALL MEN BY THESE PRESENTS:That Arthur R. Goodwi n and I rene M. Goodwi n, each i n hi s
<br /> and her own right and as spouse of each other
<br />�` --_Mortgagor,whether one or more in consideration of the sum of : �
<br />` Forty Five Thousand Six Hundred and Noi100----- --------Dp�Lpxs
<br /> � ►oaned to said mortgagor by The Equitable Building and Loan Association of Grand island,Nebraska,Mortgagee,upon 456 �ar�s of stock of ��� � �
<br /> said ASSOCIATION, Certi£cate No. L 23,066 ,ao hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in Hall Cow�ty,Nebraska: � � � � � �
<br /> LOT TWENTY-THREE IN WESTROADS ESTATES THIRD
<br /> SUBDIVISION, HALL COUNTY, NEBRASKA. - -
<br /> toge[her with all the tenements,hereditamen[s and appurtenances tl�ereunto belonging,including attached f]oor coverings,all window screens, . � . � �
<br /> window shades,blinds,storm windows.awnings,heating,air conditioning,and piumbing and wrter equipmznt and accessories[heroto,pumps,stoves, - � �
<br /> ..(.;e.a�n.c�anri n�F.rr CYfurec and enuinment nnw nr hereafter attached[n or used in connection with said real estate_ � �� � � � �
<br /> And whereas the said mortgagor has agrecd 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 secure thereby befoce the same shall become delinqumt;to furnish approved . � .
<br /> � insurance upon the buildings on said premises situated in the sum of S 4�s 6��.0� payable to said ASSOCIATION and w deliver to said . � . - . .
<br />- ASSOCIATION the policies for said insurance;and not to commit or permit any waste on o:about said premises: �� � � � . � � �
<br /> � in case of default in the performance of any of the[erms and conditions uf this mortgage or the bond secured hereby,the mortgagee shall, �
<br /> on demand, be entitled to immediate possessiun of the mortgaged premises and the murtgagor hereby assigns, transfers and scts over to the �� . . � � . .
<br /> mortgagee ali the rrnts,revenues and income to be derived from the mor[gaged premises during such time as the mortgege 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 rrnting �. � � � �
<br /> the same xnd coliecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary � � .�
<br /> commissions and expenses incurred in renting and managing thmsame and of collecting rentals therefrom; the balance remaining,if any,to be �� � � � � -
<br /> applied toward the discharge of said mortQage indebtedness;these rights o(the mortgagee may be exercised at any time during the existence of such ' . � ,
<br /> default,irrespective of any temporary waiver of the same. . � . . ��
<br /> These Presents,however,are upon the Condition,That if the said Mortgagor shall repay said�oan on or before the maturity of said shares by �.� �
<br /> paymenC pay monthly to said ASSOCIATION of ehe sum specified in the Bond secured hereby as incerest and principal on said loan,on or before � � � � '
<br /> the hventieth 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 ddinquency;fumish approved insurance upon the buildings thereon in the sum of S 45,600.00 payaUle ... ,
<br /> to said ASSOCIATION:repay to said ASSOCIATION upon demand all money by it paid fur such taxes,assessments and insurance with incerest at . �
<br /> the maximum legal rate[hereon from dace oF payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply � , � . .
<br /> with all the agreements and co�ditions of the Bond for S 45�60�.��thls day given by the said Mortgagor to said ASSOCIATION,and comply . �
<br /> with all the requirements of the Constitution and By-Laws of said ASSOCIATION� then these preunts shall become null and void,otherwise they � .. �
<br /> shali remrin in full (orce and may be foreclosed at the op[ion of the saiJ ASSOCIATION aftar failure for three months to make any of said � �
<br /> payments or be three months in arrears in mxking said monthly payments,or tu keep and comply with the agreements and conditions of said Bond; � �� � �
<br /> and Morigagor agrees to have a receiver app�inted forthwith in such foreclusure proceedings. � . �.
<br />� If there is any change in owner:hip of the real estate mortgaged harein,by sale or otherwise,then the entire remaining indebtedness hereby � .
<br /> secured shall,at the option of The Equitable BuiMing and Loan Association of Grand Island.Nebraska,becume immediately due and payable withuut � . � �
<br /> further notice,and the amoun[ remaining due under said bond,and any other bond for any additional advances made thereunder,shatl,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 uther bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Grand Island. . � � .
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension chnrges, with interest thereon, from date of paymen[ at the maximum � � .
<br /> legal rate. . . � ..
<br /> As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the � � � �. .
<br /> makers of said Hond,their assigns or succeswrs in interest,which sums shall be within the security of this mortgage the same as the funds originally . �
<br /> ucured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage. . . �
<br /> cea 5 14t day of Apri 1 n.o..i9 7g
<br /> l�t
<br /> ur oo i � _
<br /> Irene M. Goodwin Q
<br /> ST`ATE OF NESRASKA,i ss. On this 14th day of Apri 1 19 �$ .before me, •.�.: `e %'�
<br /> "COUNTY OF HALL S y
<br /> he ¢ersigned a Notary Public in d for d County,personally came � �`
<br /> : Ar,'thur R. Goodwin and Irene M. 600dwin, each �n'�'�s and her own rig�it an� as spouse of � ;: ' �
<br /> _ 'each otNer Wno are ��n�vyx�w„to � � .
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<br /> � �me td be the identical peraon 5 � whox name S a�'Q afFixed to the above inatrumrnt as.mo�gagorS �d they Severally � :
<br /> scknowledged the�sid instrumeM to be thei r voluntary ut and deed. " ""'` a
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<br /> j _ ' > ",�, .
<br /> N7TNESS my hand and Notarial Seal the date afonsaid. � � ' � ='Y
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<br /> My Commisi a ex ira _ /�7 d� /
<br /> .� . . . � ��Cp1EMt MOTARY-Su:s ol Ne6niln ��'�`� ��" � ,.�eGL� _-L �
<br /> � � � JOY M�.BEAZLEY . Nota lic
<br /> . .62II1!ffi . . 1� . ..
<br /> � � My Comm.ExP.SePL.l,1981 �
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