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<br /> 78- �j0290E
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. L Z 3��O9 �
<br /> � KNOW ALL MEN BY THESE PRESENTS:That Donal d L. Harmon and Ann B. Harmon, each i n hi s and her � 7
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<br /> ; own right.:and as spouse of each other
<br /> � � � ____Mortgagor,whether one or moro_in consideratian of the sum of :� � .�
<br /> ,� Seventeen Thousand Five Hundred and No/100---- _����
<br /> �; . loaned to said mortgagor by The Equitable Building and I,oan Association of Grand Island,Nebraska,Mortgagee,upon 175 sheres of stock of
<br /> said ASSOCIATION,Certificate No.L Q$���9 ,do hereby gwnt, convey and mortgage unto the said ASSOCIATION the following
<br /> described reai estate,situated in Hall County,Nebraska:
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<br /> s THE SOUTHERLY FIFTY SIX (56.0) FEET OF THE
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<br /> '( NORTHERLY ONE HUNDRED THIRTY 7W0 (132.0) FEET
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<br /> � OF THE EASTERLY ONE HUNDRED THIRTY TWO (132.0) � '`
<br /> ; FEET OF BLOCK NINE (9), WINDOLPH'S ADDITION TO +�,
<br /> �'� THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> { together with all the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window aereens, -�,s,a��
<br /> � window shades,blinds,storm windows,awnings,heating,air rnnditioning,and plumbing and water equipment and acttssorie�thercto,pumps,stoves, ; ,.�r�
<br /> reFrigerators,and other fixtures and equipment now or hereafter attached to or uud in wnnection with said rcal estate. j i.
<br /> � And whereas the said mort P Y
<br /> � . � gagor has agreed and dces hereby agrre that the mortgagor shall and will a all taxes and aateuments levied or "' ��
<br /> '� assessed upon said premises and upon this mortgage and the bond secured thereby beforc the same shall become delinquent;to futnis6 approved k fp
<br /> insurance upon the buildings on uid premises situated in the sum oF S � °{x�
<br /> ASSOCIA7'ION the 1�a$��.�� payable to said ASSOCIATION and to deliver to ssid 3s �, �s,:
<br /> ; . poGcies for said insurance;and not ro commit or permit any waste on or about said premises; t p �G�'�,
<br /> � In case of default in the performance oF any of the terms and conditions of this mortgage or the bond sewred hereby,ffie mort�gee fhall, . t ^�� '�,�'�:'
<br /> -� on demand,be rntiHed to immediate possession of the mortgaged premises and the mortgegor hereby assigns, tranefen snd sets over to the "'"> n.`y��:,
<br /> F�� . mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtednes=stull cemein x„ .�g�
<br /> � . . unpaid;and the mortgagee shall have the power to appoint any agent or agmts it may desire for the purpou ot repairing said premixs and renting
<br /> � ' t6e satne and collecting the rcnts,revenues and income,and it may pay out of said income all expenses of repairing said pmmises and necestary �
<br /> . �commissions and expenses incurred in renting and managing the same and of coll�cting rentals thercFrom; the bslana remaining,if any,to be �
<br /> �� app Led�toward the dischacge of said mortgage indebtedness;these rights oC the mortgagee may be exercised at any tirue during the e�datena of such
<br /> default,itrespective of any temporary waiver of the same.
<br /> Theu Presents,however,are upon the Condition,That if the said Mortgagor shall repay said toan on or beforc the maturity of said slures by
<br /> �,� � . payment;pay monthly to said ASSOCIp1'fON of the sum specified in the Bond secured hereby as interest and principal on seid loan,on or befon
<br /> the Tweatieth day of each and every month,until said loan is futly paid;pay all taxes and asxssments levied against said premises and on this Mortgage
<br /> :�..� � . and the Bonei secured thmeby,6efore delinquency;furnish approved insurance upon the buildings theceon in the sum of S 17 s 50�•Q� payabk ,, ��
<br /> to said�ASSOCIpT'10N;repay to said ASSOCIqT10N 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 alt oC which Mortgagor hereby agrees to pay;permit no waste on said premius;keep and compty
<br /> � . � with al)fhe agreements and conditions of the Bond for 5 1��5��.�� lhis day�given by the said Mortgagor to said pSSOCIATION,and comply � �
<br /> ��. with aIl the requirements of the Constitution and By-Laws oC said ASSOCIA7'ION;then thex prosents shall become null and wid,otherwise they
<br /> , . .shall remain in full force and tnAy be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of ssid
<br /> .payments or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and eonditions of said Bond; � ��;.'
<br /> � and Mortgagor agees to have a receiver appointed forthwith in such foreclosure proceedings. . �
<br /> � �� � � � If therc is any change in ownership of the real estate mortgaged herein,by zale or otherwiu,thm the entire remaining indebtedneu hereby
<br /> ;# xcured shatl,at the option of The Equitable Building and l.oan Association of Grand Island,Nebroska,become immediately due and payabie without �� �
<br /> � further notice,and the amouvt remaining due under taid bond,and any other bond for any additional advancrs made thenunder,ahall,from the
<br /> date of exercise of mid�option,bear intereat at the maximum legal rate,and this mortgage may then be forecloud to satisfy the amount due oa stid
<br /> � � �� � bo�d,and any other bond for edditional advances,together with all sums paid by said The Equitable Building and Loan Auoclation of Grand Island,
<br /> ,i . Nebraska for insurance�,taxa and assestments,and abstraeting extmsion charges, with intercst thereon, from date of payment at the maxianum . j`�-
<br /> j. 7egal rata
<br /> .�_.: "'' As provided in the Bond xcund hereby,wtille this mortgage remains in effect [he mortgagee may hereafter advancx additional sums to the
<br /> � makers of said Bond,their assigna or auccessors in interest,which sums shall be within the security of this mortgage the same aa the funds originaliy �
<br /> � � secured theroby;the.total amount�ot principal debt not to exeeed at any time the original amount of this mortgage.
<br /> h. �Y af May A.D.,11j$
<br /> i��f
<br /> Don _ L_�`Ha :
<br /> ,_. _- ,„, ��
<br /> Ann<�B.. Harmon . , .z:,
<br /> S'I'ATE OF NEBRASKA. � On� �2tFt. day of May 19�8 ,before me, �f( '�
<br /> .COLINTY OF HALL� z„-»--.
<br /> ��: :. . . . 4V
<br /> the undersigned,s Notar�Public in and For said County,perwnally eame
<br /> Donald L_ Harmon and Mn 6. Harmon, each in his and her own right and as spouse of each other �
<br /> _�C� . . . . . .: wno a re versonauy know.n ro . � � "'�" +,:
<br /> � 7�iR��j� '� � n;s ,.whate nameg �a��� .affixed to the abovr instrument as mortgagor S and th ey severatly . . ���.
<br /> ,aP�W��I��g�d9�said t to Ix �'. _
<br /> 'th2'1'T > voluntuy aM and deed.
<br /> NOTARY �Y 3und sud Notarfal Sal tha date aforeaaid. °�.'
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