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<br /> �g_, U02461
<br /> MORTGAGE `
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<br /> ' MORTGAGE LOAN NO. L 93�079 MCI(' ,�1
<br /> �7 IQVOW ALL MEN BY THESE PRESENTS:That Gregory D. Roberts and Di xi e A. Roberts, each 7 fl hl S
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<br /> and her own right and as spouse of each other
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<br /> '' � � __–Mortgagor�wheUur one or more-in consideration o[the sum of ��.� �� ', ;:
<br /> i Fiftv Four 7housand and No/100----------
<br /> -------- – DOLLaRS �
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 540 shares of atock of � �
<br /> �j. said ASSOCIpTION, Certificate No.L 23,079 MGIC do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> �r described real estate,situated in Hall County,Nebraska: .
<br /> LOT ELEVEN (].1) CENTENNIRL GARDENS St18QIVISION, AN
<br /> i ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, -
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<br /> �t NEBRASKA.
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<br /> ' together with all the tenements,hercditaments and appurtenances there�nto belonging,including attached floor coverings,a11 window screens, a r�
<br /> .I window shades,blinds,srorm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessoria thereto,pumps,stoves, �..
<br /> .�j rofrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. �"' �
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<br /> ,�.j � And whereas the said mortgagor has agreed and does hereby agroe that the mortgagor shalt and will pay all taxes and assessments levied or
<br /> � . assessed upon said premises and upon this mortgage and the bond secured thereby before the same shalt become delinquent;to fumish approved -
<br /> � insurance upon the buildings on said premises situated in the sum of 5 54����.UD payable to said ASSOCIATION and to deGver to said a'y,���
<br /> ��� ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises; � "
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<br /> ��'� � �In case of default in the performance of any of the terms and conditions of this mortgage or the bond ucured hereby,the mortgagee shall, � "��.y+
<br /> �i on demand,be entitled to immediate posussion of the mortgaged premises and [he mortgagor hereby assigns, transfers and sets over to the � �,>
<br /> �� � mortgagee all the rents,revenues and income to be derived Crom the mortgaged prcmius during such time as the mortgage indebtedness shal!remain ! •�-��.k ".�''
<br /> ;-1 unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premius and renting . �
<br /> ; � the same and collecting the rents,revrnues 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 the same and of collecting rentals therefrom; the balance remaining,if any,to be
<br /> j applied towxrd the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the e�cirtentt of such
<br /> { default,irrespective of any temporary waiver ot the same.
<br /> �� � These Preunts,however,are upon the Condition,That if the said Mortgagor shall 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 principa]on said loan,on or before �
<br /> �. ihe Ywentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this MoRgage .
<br /> � and the Bond secured thereby,before delinquency;Furnish approved insurance upon the buildings thereon in the sum of$ 54.��0.�� payable
<br /> � to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at
<br /> i �the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply �
<br /> 54 000.00 `.'
<br /> �, i� with all the agreements and conditions of the Bond for$ a this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> with�all the requirements oF the Constitution and By-Laws of said ASSOC[ATION;then these preunts shall bewme null and void,otherwise they
<br /> .�. shall remain in full force and may be foroclosed at the option of the said ASSOCIATION after failure for three months to make any oF said �
<br /> ��� paymrnts or be three months in arrears in making said monthly payments,or to keep and comply with the agreemrnts and conditions oCsaid Bond; : �
<br /> and Mortgagor agrees to have a receiver appuinted forthwith in such foreclosure proceedings.
<br /> ± . If there is any change in ownership of the real es[ate mortgaged hercin,by sale or otherwise,then the rntire rcmaining indebtedness hereby
<br /> �� secured shall,at the option of The Equitable Building and Loan Association of Grand Wand,Nebraska,become immediatety due and payable without �
<br /> :i• further notice,and the amount remaining due under said bond,and any other bond Cor any additional advances made thereunder,shall,from the
<br /> ; date of exercise of said option,bear interest at the maximum legal ra[e,and this mor[gage may then be forecloxd to satisCy the amount due on ssid �
<br /> � bond,and any other bond for additionai advances,together with all suriu paid by said The Equitable Building and Loan Association of Grand Island,
<br /> �..�-�� Nebtaska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the mvtimum � �
<br /> ; legal rate.
<br /> :��� As provided in the Bond ucured hereby,while this moRgage 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 security of this moRgage the same as the funds originally �
<br /> �secured thereby,the total amount of principal debt not to exceed at any time the original amoun[of[his mortgage.
<br /> � , na cn;s 25th aay or Apri l A.D..i9 78
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<br /> `! Gr o s
<br /> ''� Dixie A.` Roberts
<br /> r� STATE OFNEBRASKA,j �: On this 25th day of Apri 1 l9 �8 ,before me,
<br /> -COUNTY OF HALL j c—�•.: �
<br /> � �''� � � � . . the undersigned,a Notary Public in and for said County,personally came � � :_ �
<br /> J�. Gregory D: Ro6erts a ' ie A. Roberts each in his and her own ria�it and as s���kR�Wnco � .��:��
<br /> ��; each other F-�`"Y' �;. �,,�� ° are
<br /> me to be the identical pe ?` •-}�ho;e�ai are affixed to the above instrumrnt ss mort o and � -� �-:;Y �
<br /> ,s � , r ses �s they ��uy
<br /> .� ar]cnowiedged t,he�aid' i�to be `���j�'`�y voluntary act and deed. .. �� .
<br /> tl7 dry hanfiahd NotarlYl S the date aForesaid. �`„gA� � .
<br />,# MY n e�� �a i�r D --�I�� �–c��2/
<br /> ��a-1.yy lu � . . .,eJ r�i� 7 J ;�,� { � � � Notary Public . .
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