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<br /> 78- U0�2R4
<br /> MORTGAGE
<br /> � MORTGAGELOANNO. Z3,O�1 t�
<br /> � KNOWALLMENBYTHFSEPRESENTS:That John R. Hall and Mary D. Hall, each in his and her own right I E'
<br /> r �;,
<br /> ;i and as spouse of each other ; � ;
<br /> �; � --_-__ Mortgagor,whether one or morc-in consideration of[he aum of ' , • .�' �.
<br /> � T�eten ,y Thousand Eiyht Hundred and No/100---- DOLLaRs
<br /> ���. loaned to said mortgagor by The Equitable Building artd Loan Auociatlon of Grand Island,Nebraska,blortgag:e,upon 2�$ shares of stock of
<br /> i said ASSOCIATION, Certifipte No. L 2$�Q]1 ,do hereby grant,convey and mortgege unto the said ASSOCIATION the following
<br /> deuribed real estate,situated in Hall County,Nebraska:
<br /> ;(
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<br /> �� LOT THREE (3) , IN BLOCK FORTY-ONE (41), IN RUSSEL WHEELER'S
<br /> ' ADDI?ION TO THE CITY OF GRAND ISLAND, HALL COUTNY, NEBRASKA
<br /> ;
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<br /> � . $�
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<br /> � together with all the tenements,hereditaments and appurtmance� thereunto belon in �
<br /> g g,including aitached floor coverings,all window screens, �j
<br /> '' window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipmrnt and accessoria thereto,pumps,stoves, s
<br /> 4��� rcfrigere[ors,and other fix[ures and equipment now or hereafter•ettached to or used in connection with said rea!estate. �;�
<br /> ' {�F.
<br /> And whereas the said mortgagor has agreed and dces hereby agree that the mortgagor shalt and will pay all taxes and assessments levied or ;; �� ;�.s<.
<br /> � assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinqump to fumish approved 4: *;
<br /> i �
<br /> E� . insurance upon the buildings on said premises si[uated in the sum of 5 20�$0�.UD payable to said ASSOCIATION and to deliver to seid ��'��N��t�.
<br /> � ASSOCIATION the policies for said insurance;and not to wmmit or permit any waste on or about said premises; ; , ^,
<br /> �..� � �In.cau of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall, - k '�'��
<br /> ��on demand,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, tmnsfers and sets over to the :
<br /> mortgagee atl the rents,revenues and income to be derived from the mortgaged premius during such tixne as the mortgage indebtedness shall remain x r_;
<br /> i . �unpaid;artd the mortgagee shall have the power to appoint any agent or agents it may desire for the purpou of repairing aaid premius and renting . . r�;
<br /> "�t� the same and collecting the ronu,revenues and income,and it may pay out of said income all expenses of repairing said premises and neeessary . . s• -
<br /> � � commissions and expenses incurred in renting and managing the tame and of collecting rentals therefrom; the balanee remaining,if any, to be '�
<br /> � app 8ed towerd the diuharge of said mortgage indebtedness;these rights of the mortgagee may be exerciud at any time during the existence of such - � �!:�
<br /> � defaul[,irrespective of any temporary waiver of the same. �
<br /> These Presents,however,are upon the Condition,T}tat if the said Mortgagor shall repay said loan on or before the rnaturity of said shares by .� � � '"�
<br /> . � payment;pay monthly to said ASSOCIATION of the sum specified in the Bond ucurcd hereby as intercst and principa!on said loan,on or beforc ,
<br /> . the Twentieth day of each and evcry month,un[il said loan is fully paid;pay all taxes and assessments levied against said premius and on this Mortgage `
<br /> .. and the Bond secured thereby,beforc delinyuency;Curnish approved insurance upon che buildinga thereon in ihe sum of S 2��$�QJ�Q paYable Y -
<br /> � �to said ASSOC[ATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insutance with interest at �
<br /> . the maximum legal rate ehereon from date oC payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> . with all the agreements and conditions of the Bond for 5 20 s 8��•0�this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> � with all the requiremmts of the Constitution and Byd.aws of said ASSOCIATTON;thm these preunts shall become null and void,otherwise they .
<br /> shall remain in full force and may be foroctosed at the option of the said ASSOCIATTON after failurc for three mornths to make any of seid
<br /> ,; �. payments or 6e three months in arrears in making said mon[hly payments,or to keep and comply with the agreements and conditions of said Bond; � ��
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. .
<br /> ��� if there is any change in ownership oF the real estate mortgaged herein,by sale or otherwise,then the rntire remais�ing Indebtedness hereby
<br /> `,�, �� secured�shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immedistely 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 ma�cimum legal rate,and this mortgage may then be foredoxd to satisfy the aznount due on satd �
<br /> ,'� .. .bond,and any other bond for additiona]advances,togett�er with all sums paid by said The Equitable Building and Loan Association of Crand Island,
<br /> ,I- Nebraska for insurance,taxes and asseuments,and abstracting extension charges,with interest thereon, from date of paymen[ at the maximum �� �
<br /> 4 legal rate. -
<br />•. �.� ,. As pcovided in the Bond secured hereby,while this murtgage remains in effect the mor[gegee may hereafter advance additional sums to the �
<br /> makers of said Bond,their assigns or sucassors in interest,which sums shall be within the security of this mortgage the same as the funds originally
<br /> aecured thereby,the total amount oC principal debt not to exceed at any time the ori�net amount of this mortgage.
<br /> ,� naceac 19t aayoe Apri 1 A.D.,i978
<br /> ,
<br /> <;
<br /> :�� J R. Hal
<br /> �:�
<br /> '=� rY Hall iT
<br /> �z S�'ATE OF NEBRASKA,1 t ry+
<br /> COUNTYOFHALLJ�. o°u� 19th. �r�f April �978 .b�rureme, r—�-" .
<br /> � the undersgned,a Notary Public in and for said County,personally ame I �y
<br /> �John R. Hall and Mary D. Hall, each in his and her own right and spo 5e of e c Dther N r `
<br /> S. . �. � . . . . . . �o d�@ Pe��y lCnown to ..
<br /> me to'be the idemical penon S wlaose nsme 5 ~al"C affixed to the above inatrummt as mortgagor5 and they severally � �
<br /> e s"'':
<br /> �'.. . seknowleagea me.aid;nstrumens eo be tttei r volaneuy act ane aeea- ga .'
<br /> eN:� WITNFSS.my hand and Notazial$eal the date afore�sid. . ,.�,•.,,�„ `:
<br />�h� GFNERACNOtA� gt;tr,�ol�r7pbr, expues . . . . . ��(`�j . .
<br /> ���A>t .Y�:'./ !�I S.r.�('�
<br />�. � 3��`!%!%� � Nowy ublic .
<br />[ ? .. y Wm+n.t'.x� fvov.72`1479 1 �. / ,.�Y /C �� � � �
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