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<br /> �8-003i00
<br /> MORTGAGE
<br /> _� MORTGAGE LOAN NO. L?4�1 22 �
<br /> KNOW ALL MEN BY THESE PRFSENTS:That Howard Hansen and Mabel R. Hansen, each 71l hl S and
<br /> her own right and as spouse of each other,
<br /> Mortgagur,whether one or more,in consideration of the sum of � � � � �� -
<br /> Thirty Two Thousand and No/100-------------------------------------------------- DpLLA�ts
<br /> � loaned to said mortgagor by The Equitable Building and Luan Assaciation of Grand Island,Nebraska,Mortgagee,upon $ZQ shares ot stock of - �
<br /> � said ASSOCIATION,Certificate No.L 23 1QQ ,do hereby grant, convey and mortgage unto the said ASSOCIqTION the following � .
<br /> . described real estate,situated in Hall County,Ne'braska: � �
<br /> LOT NINE (9), IN BLOCK NINE (9), IN MEVES FIRST
<br /> ADDITION TO THE CITY OF GRAND ISLAND IN HALL
<br /> , COUNTY, NEBRASKA.
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<br /> . together wi[h all the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window screrns, - � . . �
<br /> � window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipmrnt 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 /> �� � And whereas the said mortgagor has agreed and does hereby agrce that the mortgagor shall and will pay alI taxes and assessments levied or � �
<br /> assessed upon said premises and upon this mortgage and the bond secu 1] t{�e� y �g forc the same shall become delinquent;to furnish approved � � �
<br /> insurance upon the buildings on said premises situated jn the sum of 5 �`�vV��V payabk co said ASSOCIATION and to deliver to said �
<br /> ASSOCIATION the policies for said insurance;and no[ro commit or permit any waste on or about said premius; � ���
<br /> In case of default in the performance of any oC the terms and conditions o(this murtgage ur the bond secured hereby,ihe mortgagee shall, �
<br /> . on demand,be entitled to immediate possession of the mortgaged premises and the murtgagor hereby auigns, transfers and sets over to the � � . �
<br /> ,�� mortgagee all the rents,revenues and income to be derived from the martgaged premises during such time as the mortgage indebtedness shall remain �
<br /> unpa■d;and the mortgagee shall have the power to appoint any agrnt or agents it may desire for the purpose of repairing said premises and renting � � � � �.„a
<br /> � the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premius and necessary � � .
<br /> commiuions and expenses incurred in ren[ing and managing the same and of collecting rentals therefrom; the balance re;naining,if any,to be . ' `
<br /> applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be ezercised at any time during the existence of such � � � � � ?
<br /> defautt,irrespective oF any temporary waiver of the same. . �
<br /> � i These Preunts,however,are upon the Condition,That if the said htortgagor shall repay said loan on or before the maturity of said shares by
<br /> �� 's payment;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said Ioan,on or before � . .� -
<br /> ;- y.� the Twentieth day of each and every month,untii said loan is fully paid;pay atl taxes and assessments levied against said premius and on this htortgage �� � � ..
<br /> �, F. and the Bond secured thereby,before delinquency;furnish approved insurance upon the buiidings thereon in the sum of 5 32���0•�� payabte . � � .
<br /> ,t to said ASSOCIATION;repay tu said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at . ����
<br /> '' 'i;� ��the maximum legal rate thereon from date of payment all of which Mortgagor hereby agmes to pay;permit no waste on said premises;keep and compiy - � . � . .
<br /> with all the agreemmts and conditions of the Bond for 5 $2���0.0� this day given by the said Murtgagor to said ASSOCIATION,and comply . � � � �
<br /> with all the requirements of the Eonstitution and By-Laws of said ASSOC[ATION;then these presents shall become null and void,otherwise they
<br /> shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure For thrce 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 /> and Mortgagor agrees to have a receiver appointed foRhwith in such foreclusure proceedings. � .� �
<br /> If there is any change in ownership of the real estate mortgaged henin,by sale ur otherwiu,then the entiro remaining indebtedness hereby � . �
<br /> secured shall,at the option of The Equitable Building and l,oan Association of Grand Island,Nebraska,become immediately due and payable without �: ' .
<br /> .� -� further notice,and [he amount remaining due under said bond, and any other bond for any additional advances made thereunder,shall,from the �
<br /> date of exercise of said option,bear interest at the ma�cimum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said � � � �
<br /> bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Grand Island, � � ���
<br /> Nebraska for insurance,taxes and asussments,and abstracting extension charges,with interest thereon, from date of payment at the maximum ��
<br /> ....�i . legal rata � . � .
<br /> ;. � As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advana additional sums to the . � � � � '
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within the security of[his mortgage the same as the funds originally � .� �
<br /> ucured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgaga � � .
<br /> ? Dafa ch�s 9th aay or May A.D.,�v 78
<br /> ' ��.�� � �z,..� �
<br /> Howard Hansen Ma 1 R. Hansen
<br /> k
<br /> ; STATEOFNEBRASKA, 19Ch Ma 78 "z� �
<br /> , + _ COUNT'Y OF HALL��� On this day c,f y 19 ,before me,
<br /> y'
<br /> � j the undersigned,a Notary Public in and for seid County,personallY came - �Y
<br /> I Howard Hansen and Mabel R. Hansen, each in his and her own right and as spouse of each
<br /> other WhO dre perwnally known to •
<br /> . ;
<br /> � me to be the identical person 5 whox name s are affixed to the above instrument as mo�gor 5 and they x��y
<br /> acknowledged the said instrument to be thei r voluntary act and deed.
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<br /> WITNESS my hand and Notarial Seal the date aforesaid. 'l, � . �.-'� .+�. ..��� .
<br /> � � ommission ex ircs ;���� ,�./ : .
<br /> r'�':�
<br /> . / CENFRAL NDiARY-State of pa6nsb No � Pu c
<br /> �.�.y,�� JOY M.HEAZLEY
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<br /> My Comm.Exp.Sept.I.7982
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