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<br /> �s- ��02992
<br /> MORTGAGE
<br /> j MORTGAGE LOAN N0. � Z3.11�
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<br /> IINOW ALL MEN BY THFSE PRFSENTS:That Geral d G. A1 dana and Di ane F. A1 dana, each i n hi s and
<br /> her own right and as spouse of each other
<br /> � ? � Mortgagor,whether one or morc in consideration of the sum of . ��� �''�..
<br /> ' Forty Two Thousand Four Hundred and No/100-----------------------------'-- mLLAxs
<br /> loaned to said mortgagor by The Equitable Building and Lc�an Association of Grand Island,Nebraska,Mortgagee,upon 424 shares of stock of
<br /> said ASSOCIATION,Certificate No. L 23.ZZJ ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in Hall County,Nebraska: . . ��
<br /> ; LOT ONE (1) IN NAGORSKI SUBDIVISION
<br /> IN THE CITY OF GRAND ISLAND, HALL
<br /> COUNTY, NEBRASKA.
<br /> '::�,
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<br /> together with aIl the tenements,hereditaments and appurtenances thereunto be(onging, induding attached f7oor coverings,al! window screms,
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, . _ � ;;;
<br /> refrigerators,and other fixtures and equipment now or hereafter attached to or ased in wnnaction with said rcal estate. � s��
<br /> +::,
<br /> And whereas the said mortgagor has agreed and does hereby agree that thc mortgagor shalJ and will pay all taxes and aaesunents levied or � J T �t
<br /> . assessed upon said premises and upon this mortgage and the bond secured thereby brfore the same shall become delinqurnt;to furnish approved
<br /> . � insurance upon the buildings on said premises si[uated ip the sum of 5 42�I�QQ.QQ payable to said 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 /> .��-d� . In case of default in the performance of any of the terms and conditions of this mortgage or the bond xcured hereby,the mortgagee shall,
<br /> ` on demand,be mtiUed to immediate possession of the mortgaged premises and [he mortgagor hereby auigns, transfers and uts over to the �- .�,
<br /> 1� . mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain �
<br /> ? � unpaid;and the mortp,agee shall have the powec to appoint any agent or agents it may des've for the purpou of repairing said premises and renting
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income all expenus of repairing said premixs and necessary
<br /> commissions and expenus inwrred in renting and managing the same and of collecting rentals thercfrom; the balance remain3ng,if any,to be
<br /> �+ applied toward the diuharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of sueh � �
<br /> . �j � default,irrespec[ive of any temporary waiver of the sama � �
<br /> - These Presents,however,are upon.the Cundi[ion,That it the said Mortgagor shalt repay said loan on or before the maturity of said shares by �
<br /> ,� payment;pay monthly to said ASSOC[ATION of the sum specified in the Bond secured hereby as interest and principal on said loan,on or beforc
<br /> [he Twentieth day of each and every month,until said loan is fully paid:pay all taxes and assessments levied againsi said premises and on this Mortgage �
<br /> �� and the Bond secured thereby,beforo delinquency;furnish approved insurance upon the buildings thercon in the sum of S QQ�¢OQ.QQ paYable .. . .
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demsnd ali money by it paid for such taxes,assessments and insurance with interest at
<br /> �+ � the maximum legal rate thereon from date of paymrnt all of which Mortgagor hereby agrces to pay;permit no waste on said premius;keep and wmply : �
<br /> ��� with all the ageemmts and conditions oF the Bond for S 42�4��.�Dthis day given by the said Mortgagor to said ASSOCIATION,and compty � �
<br /> with all the requirements of the Constitution and By-Laws of said ASSOCIATION;then these preunts shall become null and wid,otherwise they � .
<br /> shall zemain in full force and may be foreclosed at the option of the said ASSOClATION after failure for ihree months to make any of said
<br /> paymmts or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and condiUons of said Bond; � � �
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foredosure proceedings. ' �
<br /> If there is any change in ownership of the real estate mortgagcd herein,by sale or otherwise,then the rntire rcmaining indebtedness hereby "� �
<br /> � sectued shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payabte wiffiout � � �
<br /> ;�,�� � further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereundez,shall,Crom the �
<br /> ���� date of exercise of said option,bear interest at the maximum]egal rate,and this mortgage may then be forecloxd to sa[issfy the amount due an said . ..
<br /> ���i bond,and any other bond for additional advances,together with all sums paid 6y said The Equitable Building and Losn Association of Grand Island, � �
<br /> ' .{ Nebraska for insurance,taxes and assessmrnts,and abstracting extension cherges, with interest thereon, from date of payment at the maximum �
<br /> � kgal rate.
<br /> ' As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee m.y hereafter advance additional sums to the � -
<br /> -a makers of said Bond,the'v 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 amount of this mortgage.
<br /> :, { ced tnu 17 h aay or May A.D..i 9 78
<br /> � _����t.�-
<br /> ,. , r. G. ana �
<br /> E Diane F. Aldana 1
<br /> °;
<br /> � S1'ATE OF NEBRASKA.j �. p��s l7th day of Md,y 19 78 ,befon me, -rr_-""'
<br /> , � COUNTY OF HALL S
<br /> the undersigned,a Notary Public in and for said County,personally came
<br /> Gerald G. Aldana and Diane F. Aldana, each in his and her own righ�h�nd as sp���fj���� ( ��.
<br /> ��. . �� �; otti�r � � � are ,�:�
<br /> me to be the identical penoa5 �whose name S` dT'e affSxed to the abow instrume¢tas'mor .agor 5 and th2y �r�y ��
<br /> � acknowled � -. � - ��'� -
<br /> ged the said inatrament to�be thei r wluntary act and deed. � �-7 a� }w�
<br /> �; WITNFSS my hand and Ilotarial Sea1 the date aforosaid. � "�` ..
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<br /> .� M Commiuion e�cpires �
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<br /> 'i � � � �- � ���� CENERAL�NOTARY-StateolNebro3ka � .:���� ' � � � • otBr Public
<br /> . o-i.sK at -- JOY M.BEAZ� � ,.l" / � /
<br /> My(:omm.Exp.SepL 1,198! '✓" �
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