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<br /> MORTGAGE -
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<br /> MORTGACE LOAN NO.L 2 3,065
<br /> KNOW ALL MEN BY THESE PRESENTS:That Arthur R. Goodwi n d(Id I rene M. Goodwi n, each 1 fl fll 5 �
<br /> and her own right and as spouse of each other,
<br /> ____Mortgsgor,whether one or more,in consideretion of the sum of ;' �� ,';
<br /> Fortv Five Thousand Six Hundred and No/100----- ---------------------------- �LLwxs
<br /> � loaned lo said mortgagor by The Equitable Bu3lding and I.oan Association of Crand Island,Nebraska,Mortgagee,upon 456 shares of stock of
<br /> said ASSOCIATION,Certificete No.L 23sOGS ,do hereby grant,convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in Hall County,Nebraska:
<br /> LOT TWENTY (20) IN WESTROAD ESTATES
<br /> THIRD SUBDIVISION, HALL COUNTY, NEBRASKA.
<br /> ,!'Y`.
<br /> together with all the tenemenis,hereditaments and appurtenances thereunco betonging,including attached floor coverings,all window ureens,
<br /> ' �-.c st�adcs,'oiinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and aceessories thereto,pumps,stoves, ;�
<br /> rofrigerators,and other 6xtures and equipment now or herea(ter attached ta 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 wili pay all taxes and auessmrnts levied or _
<br /> . assesxd upon said premises and upon this mortgage and the bond secu�d t�i by efore the same shall become delinquent;lo furnish approved
<br />• insurance upon the buildings on said premises situated in the sum of S `r=�.�+��•�� 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 aboat said premises; ,z;
<br /> In case uf default in the performance of any of the terms and conditions of this mort�;age or the bond secured hereby,the mortgagee shall,
<br /> on demand,be entitled to immediate possession of the mortgaged premises 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 prcmius during such time as the mortgage indebtedness shall remain -
<br /> unpaid:and the mortgagec shall have the power to appoint any agent or agents it may desire for the purpou of repairing said premises and rmting
<br /> the same and collecting rhe reats,revenuee and income,and it may pay out of said incomo all exoenus of repairing said premixs and necessary .
<br /> commissions and expenses incurred in renting and managing[he same and of collecting rrntals therefrom; the balance remaining,if any,to be -� .
<br /> applied toward the discharge of said mortgage indebtedness;theu rights of the mortgagee may be exerciud at any time during the existence of such
<br /> default,irrespective of any temporary waiver uf the same.
<br /> These Presents,however,are upon the Condition,Thai if the said Mortgagor shall repay said loan on or beforo the maturity of said shares by
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<br /> paymrnr,pay monthly to said ASSOCIATTON of the sum specified in the Bond secured hereby as interest and principal on said loan,on or beforo �
<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 S Q��j�()OO.00 payable
<br /> to said ASSOC►ATION;repay w said ASSOCIATION upon demand all money by i2 paid for such taxes,asussments and insurance with interest at �.
<br /> Ihe maximum legal rate thereon from date o(payment all of which Mortgagor hereby agrces to pay;permit no waste on said premius;keep and comply , � : �
<br /> wi�h all the agreements and conditions of the Bond for 5 45�(QQ.QQ this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> with all the requiremrnt:of the Constitution and ByLaws of said ASSOCIATION:then these presents shall become null and void,otherwise they � . � .
<br /> shall remain in full foree and may be(oreclosed at the option of the said ASSOCIATION after failure Cor three months to make any of said . � � ..
<br /> payments or be three months in nrrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond; ��
<br /> and Mortgagor agrees to have a ceceiver appointed forthwith in such Coreclo:ure proceedings � � - � �
<br /> If there is any change in ownership of the real estate mortgaged herein,by sale or o[herwise,then the mtire remaining indebtedness hereby � � ���
<br /> secured shall,at the option of The£quitable Building and Loan Association of Grand[sland,Nebraska,become immediately due and payable without . � � -
<br /> further notice,and the xmount remaining due under said bond,and any other bond for any additional advanas 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 Building and Loan Aswciation of Grend Island, � �
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension cherges, with interest thereon, from date of payment at the maximum � . . '
<br /> legal rata ..
<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 ucurity 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 mortgaga �. �
<br /> � nace ch 14 y ot A ri 1 A.D.,�97g ,
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<br /> Arthur R. 600dwin �~ �`� IrenerM�Goodwi�������
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<br /> ST'ATE OF 1VEBRASKA,C� p���y �t�th. dny of Ap ri 7 19�$ ,before me, "�"'W' '
<br /> ;COUNTY OF HALL 4 � '-
<br /> � the underaigned,a Notery Public in ead for said County,perwnally came � '°�r"'�' "� ",
<br /> Arpthur R. Goodwin and Irene M. Goodwin, each in his and her own right and as spouse of j, �,� �,„
<br /> _ eact► ott►er, • )Who are P�nooeuY known co , � �
<br /> mrio be theidentical pereon 4 whoae name S dME afHxed to the above instrument as mortgafp6c S and they uvczally �'�",�'.�
<br />� . . . � .. . . ._ ..voluntary act and deed_ . . .. �: ,�.
<br /> ack�wwladged the said:inatrument to be :LhEI T `�,, � f�
<br /> _ � .a�K; : �` .
<br /> � WITNESS my.lund and Noluial Seal the date afcmeaid. �,�". . -
<br /> . �: � My.Commiasion expices .. � �� � '�. •: t-iX'..� - . �`'
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