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<br /> � � � 78-�0027'70 �
<br /> t MORTCAGE tir
<br /> MORTGAGE LOAN NO. L 23,1�4
<br /> � KNOWALLMENBYTHESEPRESENT'S:That Leo M. Evans and Shirley A. Evans, each in his and her � E {
<br /> � own right and as spouse of each other, x
<br /> ,��` � Mortgagor,whether one or more,in considerahon of the sum of
<br /> l Thirtv Eiaht Thousand Five Hundred and No/100---------------------------------- �LLA�s
<br /> loaned to said mortgagor by The Equitable Building and[.oan Association of Crand[sland,Nebraska,Mortgagee,upon 385 shares of stock of
<br /> ��1 �.�4 ,do hereby grant, convey and mortgage unto the seid ASSOCIATION the following
<br /> 3 said ASSOCIATION.Certificate No. L 23�
<br /> :� described reat estate,situated in Hall County,Nebraska:
<br /> i
<br /> ii.
<br /> LOT TEN (10) IN BLOCK TWO (2), IN CAPITAL HEIGHTS
<br /> -��'.
<br /> THIRD SUBDIVISION, BEING A PART OF THE SOUTHWEST
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<br /> .i QUARTER (SW4) OF SECTION TWO (2) TOWNSHIP ELEVEN
<br /> �ss;
<br /> { (11) NOR7H, RANGE TEN (10) 'AEST OF THE 6TH. P.M., ��5
<br /> � ��y`
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<br /> HALL COUNTY, NEBRASKA.
<br /> ` $ �r
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<br /> � together with all the tenements,hemditarttents and appurtenances thercunto belonging,including attached floor coverings,all window screens, �
<br /> I �window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and waur equipmeni and accessories theze[o,pumps,stoves, i S�" �'��
<br /> � :{ refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said rcal estata � F t,��
<br /> � And whereas the said mortgagor has agreed and does hereby agrce that the mortgagoz shall and will pay all taxes and assessments levied or i ,;;.'L � �'�
<br /> assessed upon said premises and upon this mortgage and the bond sewred thereby beCorc the same shall become delinquent;to furnish approved � -��
<br /> � insurance upon the buildings on said premises situated in the sum of 5 38,5�0.U� payable to said ASSOC[A110N and to deliver to eaid � `' * ad�4'
<br /> � .$ � ASSOCIATTON the policies for said insurance;and not to commit or permit any waste on or about said premius: t ' ���
<br /> � j ; � In case of default in the rformance of an of the terms and conditions of this mozt e or the bond secured hereb the mort " �
<br /> P� Y F,aB Y, gagee shall,� � � � ����r��
<br /> � on demand,be entitled to immediate posussion of the mortgaged prerttixs and the mortgagor hereby assigns, transfers and sets over to the ��- `� -:�, { ::
<br /> moctgagee all the reats,revenues and income to be derived from Ihe mortgaged premises during such time az the mortgage indebtedness shall remaln� . _�',.
<br /> unpaid;and�the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose oF repairing said premixs and renting -
<br /> ; � _ - the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and neasury ��
<br /> commisaions and expenses incurred in rmting and managing the same and of coLecting rentats therefrom; the balance remaining,if any,to be
<br /> :� �. applied loward the diuharge of said mortgage indebtedness;theu rights uf the mortgagee may be exercised at any time during the existrnce of such �
<br /> �`:l .� � default,'vrespective of any temporary waiver of the same. �
<br /> 'j�� ' These Prcsenu,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or beCoro the maturity of said shares by � _ �
<br /> j ` payment;pay monthly to said ASSOCIATION of tlie sum specified in the Bond secured hereby as interest and principal on said loan,.on or before !
<br /> _.i the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and asussmrnts levied against said premises and on this Mortgage _
<br /> ��� - �� �and the Bond ucured thercby,before delinquency;furnish approved insurance upon the buildings thereon in the sum oF 5$$��jQQ.QQ payable . '
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for sueh taxes,assessments and insurance with interest at `
<br /> the maximum legal rate thereon from date of payment all of which Mortgago�hereby agrees to pay;permit no waste on said premixs;keep and comply �.
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<br /> ' �.�.� � with sll the agreements and conditions of the Bond for$$$�5��.�� this day given by the said Mortgagor to said ASSOCIATION,and comply �:
<br /> 4 � with all the requirements of the Constitution and By-Laws of said ASSOCIAT70N: then these preunts shsll become null and void,otherwiu thry
<br /> . ahall nmain in full force and�may be toreclosed at the option of ihe said ASSOCIATION after fallure for thme 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 aaid Bond;
<br /> ' and Mortgagor agrees to have a receiver appointed Corthwith in such foreclosure proaedings. �
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<br /> � '�;' If therc is any change in ownership of the real estate mortgaged herein,by sale or othenviu,then the entire remaining indebtedneas hezeby
<br /> ,';r secured shall,at the option of The Equitable Building and Loan Association of Crandlsland,Nebraska,become immediately due andpayable without
<br /> � further notia,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the �
<br /> _j.� � date of exercise of said option,bear interest at the maximum legal rate,und this mortgage may then be foreclosed to satisfy the amount due on sald ^
<br /> j � bond,and any other bond for additional advanas,together with all sums paid by said The Equitable Building and Loan Association of Grand Island, '�.
<br /> j Nebraska for imurana,taxes and assessments,and sbstracting extenaion charges, with interest thereon, from date of payment at the maximum
<br /> '� � �legalrata � � ..
<br /> As provided in the Bond secured hereby,whi7e this mortgage remains in effect the mortgagee may hereafter advance additional sums to the .
<br /> `� .mekers of said Bond,their assigns or successors in interest,which sums shall be within the ucurity of this mortgage the same as the funda originslly ! .
<br /> secured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br /> °� � Dacea 6th ,O aey ot May � -�-..— `?.n..i9 78 ; '
<br /> �� ,.._�. p�..: .�'..�� l,�ac.,�/J� ���!' � ,.. s?i''a, � . .
<br /> 3 - ea . vans Shirley A. ns
<br /> �."� �
<br /> j y STA'I'$OF PiPBRASKA.l �. p�this 6tll day of M7y 1978 .before me. t y�
<br /> �� - COUNT�Cj�HALL j ,�
<br /> � �:�. : � �� � . � . � the underdgr�ed,a Notary Public in sad for said County,personall came ;
<br /> �',� ,�� leo M. Evan's and`'Shirley A. Evans, each in his and her own right and as spouse of eac�
<br /> � Ot�tEY,� M who ap.e perwnally known to e� ,r.
<br /> me to'.be \ �,�,[� whose name S� dY'2 afSxed to the above instnunrnt as mortgagor 5 �d theY ���y �;^
<br /> �� .acnow iy�i�h�� thei r wlunsary act,nd axa. ,�e' �,
<br /> _,r+� s�':•'S��y Imnd d Notarial Seal the date aforaaid. � `<,:.��
<br /> _ ��►o,�� � ���,�--/�/��U Gr���',/�� �
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<br /> L i �s�l-sa�� ,� U� 12N�Nc''� S.�Q'� � � � Notary Public �
<br /> t qj!r UF to"�°`�'P" �
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