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<br /> MORTGAGE
<br /> MORTGAGE LOAN PIO. � 23,O84
<br /> � KNOWALLMENBYTHESEPRFSENTS:That Larry G. Miller dlld Karen K. Miller, 2dCh 7P1 h�5 and �
<br /> her own right and as spouse of each other
<br /> � Mortgagor,whethe�one or more,in consideration of tha aum of
<br /> ' Twenty Six Thousand Four Hundred and No/100--------------------------------------- ' �
<br /> DOLLARS
<br /> loaned to said mortgagor by The Equitable BuildinQ and Luan Aswciation of Grand Island,Nebraska,Mortgagee,upon 264 shares of siock of
<br /> said ASSOCIATION,Certific¢te No.L 23 s0$`+ ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in Hall County,Nebraska: �
<br /> THE SOUTHERLY 78.7 FEET OF THE EAST ONE HALF (E�) OF LOT NINE (9)
<br /> AND THE SOUTHERLY 78.7 FEET OF LOT TEN (10), ALL IN BLOCK TEN (10)
<br /> IN H.G. CLARK'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY
<br /> NEBRASKA.
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<br /> ' `: �� together with all the tenements, heceditaments and appurtenances thereunto belonging, including attached f7oor coverings,all window screens, �';:
<br /> window shades,biinds,storm windows,awnings,heating,�ir conditioning,anJ plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> � � � .� refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. � �` -''
<br /> � - Md whereas the said mortgagor has agreed and dces hereby agree that the mortgagor shall and will pay ap taxes and asseuments levied or �
<br /> assesxd upon said premixs and upon this mortgage and the bond secured thereby before the seme shall become delinquent;to furnish approved �
<br /> � . insurance upon the buildings on said prerttises simated in the sum of$ Q(�QQO.QQ payable to safd ASSOCIATION and to deliver to said � �
<br /> � ASSOCIATION the policies for said insurance;and not to commit 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,
<br /> on demand,be entitled to immediate possession of the mortgaged premises and the mort¢agor hereby assigns, transfers and sets over to the
<br /> ;.� mortgagee all the rents,revrnues and income to be derived from the mortgaged premixs during such time as the morigage indebtedneu shell remain -
<br /> � unpaid;3nd the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br /> the same and wllecting the rents,revenues and inwme,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 /> �± applied�toward[he discharge of said mortgage indebtedness;theu rights of the mortgagee may be exerciud at any tune during the existence of such
<br /> "� default,irrespective of any temporary waiver of the sama �
<br /> �' These Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shates by �
<br /> ��1 payment;pay monthly to said ASSOCIATION of the sum specified in the Bond ucured 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 xwred[hereb beFore delin uenc fumish a �
<br /> � y, q y: pproved insurance upon the buildings thereon in the sum oC 5 26�4�0.�� payable .
<br /> �;� � to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,asussments and insurance with interest at ...
<br /> the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees io pay:permit no waste on said premius;keep and comply - � �
<br /> � with all the agreements and conditions of the Bond for 5 26,4��.��this day given by the said Mortgagor to said ASSOCIATION,and comply � �
<br /> with all the requ'uements of the Constitution and By-Laws of said ASSOCIATION;then these preunts shall become null and void,otherwise thry � .
<br /> shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failurc for three months to make any of said " � � .
<br /> paymenis or be three months in arrears 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 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 mtire remaining indebteMess hereby � ��
<br /> ,�j; secured shaU,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediatety due andpayable without .
<br /> further notice,and [he amount remaining due under said bond,and any other bond For any additional advances made thercunder,shall,from the � . . .
<br /> �;� date of exercix of said optiun,bear interest at the ma�cimum legal rate,and this mortgage may then be forecloud to satisfy the amount due on said . . � .. .
<br /> .R bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Auociation of Grand Island, � ��
<br /> ��°f � . Nebraska for insurance,taxes and assessments,and abstracting ex[ension charges,with interest thereon,from date of payment a[the maximum � �
<br /> ::S � legal ra[e. �
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<br /> ...i As provided in the Bond secund hereby,while this mortgage remains in eftect the mortgagee may heroafter advance additional sums to the .
<br /> makers of said Bond,their assigns or successors in interest,which sums sha11 be within the security of this mortgage the same as the funds originally
<br /> �._� -,�secured thercby,the total amount of principal debt not to exceed at any time the original amount of this mortgage. �
<br /> � `n c�a c� 2 h aay or Apri 1 n.n..�97g
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<br />.�'<j
<br /> :,� aren K. ;Milie r
<br /> STATE OE NEBRASKA.� 27tF1
<br /> 1 COUNTY OF HALL �' On this day of Apri 1 1978 ,before me, -
<br /> the unders'gned,a Notary P�}b'c in and or said County,per nall me �i � y
<br /> , � Larry G. Milier and'Karen K. Miller, each in his and her own rigUht an� as spouse o�' eac`� � -�-
<br /> pk other Wh�are perwnelly known to
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<br /> ,�t� � � me tobe the identicat�person5 . whoae name$ dt"2� � afffxed to ttse above instrument as mortgagob and'tf1E,Y xverally . �;
<br /> '� ' acJcnowkdged thrsaid instnunent to be thei►' wluntuy act and deed. f•r� w_,��
<br /> WITNFSS my�baad snd Notarial Seal the datt aforcsaid. `""
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<br /> M Commis�ion ncpires
<br /> ; I�EiVERAL N01` "�'^—
<br /> ' JAM€'S �� a�r. �y/ �'`17� � Notary ub c
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<br /> 7 . '. MY��:+��tflY. �..k(�,h`OY.11 �49q �
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