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<br /> 78--� (�02 719
<br /> MORTCAGE
<br /> MORTGAGE LOANNO. L 23,�00
<br /> IIQYOW ALL MEN BY THESE PRESENTS:That Kel ly W. Buck, c3 si ngl e person
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<br /> ' � ___Mortgagor_whether one or more,in consideration of the aum of �� � � .� '���
<br /> ' Twenty Four Thousand Eight Hundred and No/100--- ---------�Ltwxs ' '
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<br /> loaned to said mortgagor by The Equitable Building and Loan Auociation of Grand Island,Nebraska,Mortgagee,upon 24$ shares of stoc7c of
<br /> said ASSOCIATION, Certificate No.L 23 s��0 ,do hereby grant, convey and mortgage unto the said ASSOCIA'CION the following �
<br /> described real estate,situated in Hall County,Nebreska: .
<br /> THE NORTH SIXTY-THREE (63) FEET OF LOT TEN (10) , IN
<br /> BLOCK ONE (1), IN "LAKEVIEW", AN ADDITION TO THE CITY
<br /> • OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> logether with all the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window screens, . .��.
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, � �x �;
<br /> . refrigerators,and other fixtures and equipmrnt now or hereafter attached to or used in connection with said real estate. . �ra
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<br /> And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and asxssments levied or �
<br /> �� auessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinqumt:to furnish approved .3�.
<br /> � inwrance upon the buildings on said premises situated in the sum of$ QL4�$QQ.QQ payable to said pSSOCIpTION and to deliver to said
<br /> ASSOCIATION the policies for said insurance;and not to commi[or pezrttit any waste on or about said premises; � � -
<br /> �� In case uf default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee thall,
<br /> on demand,be entitled to immediete possession of the mortgaged premises and [he mortEagor hereby assigns, transfers and sets over [o the �
<br /> �� � � mortgagee all the rcnts,revenues and income to be derived from the mortgaged premixs during such time az the mortgage indebtedness shall remain � � y„'
<br /> �,j � unpaid;and the mortgagee shall have the power to appoint any agent or agents it may dcsire for tlie purpose of repairing said premises and rrnting
<br /> � the same and collecting the rcnts,revenues and income,and it may pay out of said income al] expenus of repairing said premixs and necessary
<br /> ' . commissions and expenses incuued in renting and managing the same and of col�eciing rentals thercfrom; the balance remaining,if any,to be ' "
<br /> ��� � applted toward the discharge of said mortgage indebtedness;these rights oC the mortgagee may be exercised at any time during the existence of such � � �
<br /> ..3 . default,irrespective of any temporary waiver of the sama .
<br /> � Thex Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturiry of said sharet by
<br /> payment;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan,on or before ..
<br /> [he Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said p�emises and on this Mortgage � . .
<br /> and the Bond ucured themby,beforc delinquency;fumish approved insuronce upon the buildings thereon in the sum ot S QLE�$QQ.QQ payable ��, �
<br /> j, to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such tazes,xssessrnents and insurance with interest at � �
<br /> the maximum lega(rate thereon fmm date of paymmt all of wluch Mortgagor hereby agrees to pay:permit no waste on said premius;keep and comply � . - . �
<br /> - � wiih all the agreements and conditions of the Bond for 3 24.$��.�� this day given by the said Mortgagor to taid ASSOCIATION,and comply
<br /> with all the requ"uements of the Constitution and By-Laws of said ASSOC[ATION; thm theu presents shall become null and wid,otherwise they � . �
<br /> ,.,�� shall remain in full fortt and may be Corecloud et the option of the said ASSOCIATION after failure for [hrce months to make any of said � �� � �
<br /> payments 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 /> �.��.j and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. �� � .
<br /> '�i If there is any change in ownership of the real esUte mortgaged herein,by sale or otherwise,then the entin remaining indebtedneu hereby . �
<br /> ;,�� secured shall,at ffie option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without � � �
<br /> further notice,and the amoun[ «maining due under said bond,and any other bond for any additional advanees made thereunder,shatl,from the �
<br /> �;:.�� date of exercise of said option,bear interest at[he maximum legal rate,and this mortgage may thrn be foreclosed to satisfy the amount due on said . . .
<br /> ��.j bond,and any other bond for additional advances,together with all sums paid by said 7'he Equitabte Building and Loan Association of Grand Island, � �� .
<br /> -.�t Nebraska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum � �
<br /> legal rate. � ' �
<br /> ii, As pmvided in the Bond sewred hereby,while this mortgage remains in e(fect the mortgagee may hemafter advanee additional sums to the � �
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds ociginally � � �
<br /> �- xcvred thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgaga �
<br /> � . � Da�d this �
<br /> /. 'th ' day of (�d,Y A.D.,19 7$
<br /> �i.. �� `�cJ �
<br /> =� Kell W. Buck � �
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<br /> ,, srars oF rrEsxnsxa,(
<br /> { COUNTY OF HALL I �. On this 5th. day of (�ay 19�$ .betore me, ...x^'' ;
<br /> -Y.::---"- i,.:
<br /> �,',�� �� � the undersigned,a Notary Public in and for said County,personally came � � �
<br /> Kelly W. BUCIC,'a single person who l5 personallyknownto � � �
<br /> .��, � �o�th8�i��` n �whose name `j 5 affixed ro the above instrummt as mortgagor and �'1E lF#OOt91Dy � ;
<br /> :� .. �p�edg�d�uySyd-in �nt to be '�j j�5,.:..: wluntary act and deed. �,. c
<br /> �� NO7ARY� � Y hand and NCocarisl Seal the date aforosaid. (� ' i
<br /> ' � G6tA i�t5�ltlt��Q� 'on expires \\��,,_.,„�( �`' \ \�0 ' `� -�'` ..
<br /> f . EXi'tRES • '..'R,� • �
<br /> .. ���.��qUC•31.194�S�� . �J �'PubGc
<br /> �' qr�0� N�e�P �
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