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<br /> MOATGAGE . ' q u��6g�
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<br /> � . MORTGAGE LOAN NO. � � i'i .��„-���^'��^�"�'�'�
<br /> ta�raw�ni:i.�xaYx�esePxFs�rs:'rt,�c Lawrence J. Maxwell and Sandra L. Maxwell, each in ����'N'x� � �
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<br /> h�is artd her awn right and as spouse.of each other, , � �� �
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<br /> _ Mortgagor,whether one or mom,in wneideration of the sum of v �F�'� ���,
<br /> Fortv Thousand and no/100------------------------ ------=------------------- noJ.i.nxs � r �"�`����, ,�
<br /> Ioaned to said;martgagor by The Equitablr BuUd3ng and L,oan Association of Grend Island,Nebraska,Mortgagee,upon 4�0 sheres of stocic oF �r �.'��� s� "��
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<br /> aaid.ASSOQATION,eeri;t',cace No.L 23 �29 ,do hereby giant,comey and mortgage unto the said ASSOCIATION the following `�! ,�, �
<br /> deun'bed real estau,situsted in Hall County,l�e rsska: =r , � ��y�te xtt`e�ty ,y '
<br /> EASTERtY SEVEfY (7j FEE'f OF LO'f SIX (6j AND 'fHE � �' ;�� "'�������"��. '
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<br /> WESTERLY SEVENTY (70) FEET OF LOT SEVEN (7) IN � ;w.�`,+ #5''"'����
<br /> BLOCK ONE (1) IN PLEASANT VIEW FOURTH ADDITION } � xh.�Y .����f°'
<br /> � ' TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. � � ' 4�`�������:
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<br /> together with all the tenements,hereditamen[s and appurtenances thereunto belonging,including attached iloor wveringa,all wlndow screens, w� r�xT ry����
<br /> window shades;�blinds,�storm�windows,�atinings,heating,air conditioning,and plumbing and water equipment and accessorIes thereto,pumps,Soves, `�`��" '�`��'�.�
<br /> rcfrigerators,anQ,other fixtures and equipment now or hueaFter attached to or used in connection with said real estata � � � �, � � � -��%*Ft� q'�u"`
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<br /> And whereas the said mortgagor hss agreed and.doea hereby agree that the mortgagor shall and wiII pay sll taxes and assestmenes levied or 3' e
<br /> � �sssessed upon said premises and upon this mortgage and the bond secured thereby beCore the same shall becomedelinquent;to furntah approved �' ��ry"� � �,
<br /> � ,insurance upon tlie bw7dings on aaid premixs situated ih the sum of 54O OOO.00 PaYable to m1d ASSOC[ATION and to deliver to asld ��,���,�� .
<br /> � �.ASSOCIATION the policies for said insurance;and not to commit or permi�any waste on or about said premiser, , -��x ;� f
<br /> ; In case of default in the performance of any of the terms and conditions of this mortgage ar the bond aecured hereby,thr mortgagee ihslt, qr r",�` �
<br /> oa demand,be.entitkd to immediate posseasion of the mortgaged premises and thr mortgagor hereby assigns, transfers and sete over to the � �.
<br /> + moctgagee all the mau,revenues and income to be derived from the mortgaged pmmises during such time as the mortgage indebtedaeea shall remain �x }*�
<br /> unpaid;,and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premius and,renhng ��'"�f�� ,•
<br /> ,,the sarne and coUecting the nnts,revenua and income,and it may pey out oC said income all expenses of repairing aaid premises and naessery � { ,� sT k `
<br /> " commissions and expen5es incurred in nnting and managing the same and of wllecting rmtals thercfrom;the balance cemainiag,it any,:to be c � i r rN,, y�
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<br /> a lied[owazd the dischetge of saidmortgage indebtedness;these dghts of the mortgagee may be exercised at any time during the existence af such �z ;��,���,��*
<br /> '�d�sutt:irrespective of any temporary waiver of the sama.�. . . � . . � . ..�... -.: � ����'k '&��
<br /> These Pcesents,however,ue upon�the Condition;That iF the said Mortgagor shall repay said toan on or before the maturity of said shares by �� $ i r��x` R p
<br /> payri�ent;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and prinapei on eaid loan,on or before � ,�,�as'�w`g
<br /> the TwenUe[h day of each and every month�until saidloan is fully paid;pay alt taxes and assessments levied againrt said premius andon this Mortgage �` ;� ���}'"�a'r '''�
<br /> and the Bond secured thereby,before delinquency-fumish approved insurance upon the buildings thereon in the sum of S 4O���0.�� payabk M '�-��'�� q
<br /> 'to said ASSOCI.ATION:repay to said ASSOCIAI'ION upon demand all money by it paid for such taxes,assessments and insurance.with inurest at � y "'y'� � �'��'
<br /> � ��� the"maximum legal rau tGereon from date.of payment all of.which Mortgagor hereby agrees to pay:permit no waste on said premises;keep�and comply -� � �' '�"�`�f�� �� �
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<br /> aith all the agreements and conditions of the Bond�for S L�Q,QQQ�.QQ tlils daY given by the seid Mortgagor to said�ASSOCIATION,and campiy � � r ��
<br /> with-alt the,requuements of tt�e Constitution and By-Laws of said ASSOCIATION;then these presents slialt become null md void�othecwise they ' . � `s�;t�„'`
<br /> ahall remain in,full force and may be foreclosed at the option of the said ASSOCIATION after failure for ttvee months to make any bf said ` ' �Y��_
<br /> "payments or be chree months in anears in making said monthly payments,or to kerp and comply wlth the agrcements aad conditions of esid Bond; z " " z§��
<br /> and Mortgagor aBees to have a receiver appointed forthwith in such foreclosure proceedings. { � T ��;�� �,���^"
<br /> 7f ffiere isany change in ownerahip of the real estate mortgaged herein,by sale or otherwise,then the entirc remsining indebtedneaa hereby �� �
<br /> secured shall,at the option of'Fhe Equitabie Building and Loan Association of Grend Island,Nebraska,beoome immediately due and payable w3fhout �� �r� ,�'�i, �"'
<br /> further notia,and the amount remaining due under said bond,and any other bond for any additionsl advanoes made thercunder,ahall,from the � � �"'
<br /> ' date of qiucisaof said opHon,bear interest at the maximum legal rate,and this mortgage may then be foroclosed to satisfy the amount due on ssid t :3 � ���`` �
<br /> bond;and any other bond for addltional advances,together with a!1 sums paid by said The Equitable BuIIding and Loan Association of Crand Islend, 4 r s���^ '�
<br /> Nebn3ka for insurance,tszes pnd assesameats,and abstracting extension charges, with intuest thereon, from date of payment'at the maximum "� �'�*�ar��`��` .,� `
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<br /> As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance edditional sums to the ��z*'"� g'
<br /> meken of'esid Bond,their asaigns or succesaors in interost,which sums shaq be within the ucurity of this mortgage the same as the funds originally s r�''�- �
<br /> aecured theieby,:the;total emount of princ%pal debt not to e�cceed at any time the original amount of this mortgsge. � � a ��,��
<br /> ,� ''"`.: �.; :•26th aay ot May 1 n. .i9 78// �/� � , �, ` F
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<br /> , �� t�renoe'J e.11 Sandra L. Maxwell ' : ;;,� ;,. �s�
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<br /> �,�, `�����B ' .s 'oa� 26th a.yoe May i978 ,beforcme. �
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<br /> �y c �3� r"y�" i , ' thd under�gned,a Notery Publie 3n and foc said County,,peraonslly came K
<br /> �,' �ca�+,7��,,�ancwe�� aqd Sandra L Maxwe7l;: each:i n hi s and�er ri gtrt and as spouse:of � _; �,�Y
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