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<br /> MORTCAGE - Corrective Mortgage-To Correct Acknowledgement on Notarx ;r �, �
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<br /> ;]'? " MORTGAGE LOAN NO. L 23�039 > � ;�
<br /> �� KNOW ALLMEN BY THESE PRESENT$:That Richard B. McKi nny and Joyce S. McKi nny, each i n hi s ' `` ` �
<br /> ;s and her own right and as spouse of each other, �. ,r ;
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<br /> ' �i�� � � Mortgagoq whether one or more,in consideration of the swn of .
<br /> � Twentv Eiaht Thousand Seven Hundred and No/100----------- - ��A�
<br /> �r � . loaned to said mortgagor by The Equitable Building and I.oan Association of Grand Island,Nebraska,Mortgagee,upon 287 shares of stock of
<br /> � aaid ASSOCIA'I'ION,Certificate No.L 23,039 ,do hereby grant,convey and mortgage unto the said pSSOCIATION the Following
<br /> �, . described ceal estate,situated in Hall County,Nebraska: •+ �
<br /> , LOT FOUR (4) IN BLOCK TWENTY-THREE (23) IN COLLE6E
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<br /> ; ADDITION TO WEST LAWN IN THE CITY OF GRAND ISLAND, ;
<br /> � HALL COUNTY, NEBR4SKA.
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<br /> �i �- together with all the tenements, hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window screens, f` �����.
<br /> .� � � window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipmmt and accessuries thereto,pumps,s[oves, 4.,� + � :x�
<br /> � refrigerators,and other fixtures and equipmrnt now or hereafter attached to or used in connection with said reat estata ' �
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<br /> , � And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shalt and will pay atl taxes and flssessments levied or
<br /> : aaesud upon said premises and upon this mortgage and the bond secured thereby beforo the same shall become delinqurnt;to fumish approved� ? +�'},
<br /> - insurance upon the buildings on said premises situated in the sum of$ 2$�]QQ.QQ payable to said ASSOCIATION and to deliver to said " �' <� f��i
<br /> � ' �ASSOCIATION�the policies for said insurance;and not to commit or permit any waste on or about said premises; �k ' y�,,,
<br /> � � �In case of default in the performance of any oF the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall, ¢ � �` �,� f�,
<br /> ' on�demand,be rntitted to immediate possession of the mortgaged premius and the mortgagor hereby assigns, transfen and sets over to�the� � r �
<br /> �. moRgagee alt the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remaia. F �!:� >���
<br /> � � unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpou of repairing said premises and renting � '"'�
<br /> � the same and collecting the rents,nvenues and income,and it may pay ou[ of said income all expenus of repairing said premises and necessary � -
<br /> -:commissions and expenxs incurred in renting and managing the same and oC collecting rentals therefrom; the balance remaining,if any,to be fl. ;. {'k'��
<br /> .�� ; ��.applied toward the discharge of said mortgage indeb[edness;these rights of the mortgagee may be exercised at any time during the extstence of wch �
<br /> �� defaul[,irrespective of any temporary waiver of the same. t�
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<br /> : . These Prounts,however,are upon tht Condition,That if the said Mortgagor shall repay said loan oa or beFore the maturity of said shares by� 5;� r�
<br /> payment;pay monthly to said ASSOCIAT(ON of the sum specified in the Bond securcd hereby as interest and principat on said]oan,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 y �
<br /> . and the Bond secured thereby,before delinquency furnish a � �` t `
<br /> pproved insurance upon the buiidings thereon in the sum of S 28�700.QO paYable
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by i[paid for such taxes,asussments and insurance with interest at
<br /> the maxlmum legal zate thereon From date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> 'with�all the agreemrnts and mnditions of the Bond tor$Q$ 700.Q� this day given by the said Mortgagor to aaid ASSOCIATION,and comply �
<br /> . with:sll the requirements of the Constitution and ByLaws of said ASSOCIA'ITON;then theu presents shall become null and void,othenvise thry
<br /> ,� ,. shall�.�remain in�full force and may 6e foreclosed at the option of the said ASSOCIAT[ON after failure for three months to make any of said . �
<br /> �payments�or ba three months in aaears in making said monthly payments,or to keep and comply with the agreements and oondltions of said Bond; t
<br /> and�Mortgagor agees to have a receiver appoin[ed forthwith in such foreclosure proceedings.
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<br /> �--lFthere is any change in ownership ofthe realestate mortgaged herein,by sale or otherwise,then ihe entire remauting indebtedness hereby
<br /> +�� secured�shall,.aY�the option ot The Equitable Building and Loan Auociation of Grand lsland,Nebraaka,become immediately due and payable without i
<br /> `further notice,and the amount remaining due under said bond,and any other bond for any additionat advances made thereunder,shall,Crom ihe
<br /> ���date of exercix of said option,beaz interest at the maximum legal rate,and this mortgage may then be forecloud to satisfy the amount due on said
<br /> bond,and any other bond for additional advances,together with atl sums paid by said The Equitable Btu7ding and Loan Association of Grand Island,
<br /> "� . ��"��Nebraska For insurance,taxes and assessments,and abstracting extension charges,with interest thereon, from date of payment at thr maximum
<br /> y:� legal rata�
<br /> �� � � As provided in the Bond secured hercby,wh�e Utis mortgage remains in eftect the mortgagee may hereafmr advnnce additional sums to the �
<br /> tnalcers of said Boad,the'u assigns or successors in interest,which sums shal!be within the security of this mortgage the same aa the funds originally
<br /> xcu�d�thereby,the rotacl�amopnt of principal debnt^not to ex ed at any time the odginal amount oF this mortgage.
<br /> ,! Dat d this � V� day of /•1 R/l.C-� AA.D..19 7� ^�
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<br /> ` :3 c ar B. Mc inny ce S. c nny � ;
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<br /> STATE OFi�9iE�4 .�;
<br /> k 4 C011N1`Y O f° ��S 18th �y pf March 19 78 ,before me,
<br /> r ' ��P�t �� t�i'e � � the undersigne � Public in and for�a3d County,personally came .
<br /> , Rfici��rd $ NCc�Cipi�r �n��,Joyce 5. McKinny, each iA his d he own r' t and as pot1S of � � x,;;
<br /> E*'�t� oth'�'�Y`-�.r� '� . . x:.. . . � � . are a2�[So�sIIypx�own co �, .
<br /> � me tabe�s`��t�����''���, ;whou name 5 �a1'£ affixed to Uu s6ove � rume as mo or S and thC�'y eeverally �'.`� – s;
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<br /> 'f ackaow�t� a�t� t�i T' wotuntsry aM and dee3 �;
<br /> � �rp E'��1Y��nd Notaria!Seal the dau aforeaid. ;:�`"`� �
<br />�� ` ;°Mp'C�ia� � e�c�res 30�/�8
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<br />� � .. s.usw at �7'�i j'tY l,{4�G�SFr � . . . . . . . Notary ublic .
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