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F•iI d dor recor� al /9��at /D:o? �r,"R�
<br />i Boo ���
<br />JePisoistor:of Deeds,
<br />Hall County,Neliraska:
<br />\ `D MORTGAGE
<br />�\ MORTGAGE LOAN NO L 21,518
<br />a KNOW ALL MEN BY THESE PRESENTS: That ' • '
<br />Thomas J. Dolton,.a single man,.
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Seventeen Thousand Six Hundred ' and no/100 - - - - - - - - - -- - - - - DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 176 shares of stork of
<br />said ASSOCIATION, Certificate No. L 21518 , do hereby grant, convey and mortgage unto the. said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />A RECTANGULAR TRACT OF GROUND IN THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER`(SEQNE4)
<br />OF SECTION THIRTY-THREE (33), TOWNSHIP ELEVEN (11) NORTH,. RANGE NINE (9) WEST OF THE 6th
<br />P.M., IN HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />COMMENCING -AT A POINT ONE HUNDRED THIRTY-TWO (132) FEET NORTH OF THE SOUTHEAST.
<br />CORNER OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER (SE4NE4) OF SECTION
<br />THIRTY-THREE (33), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6th
<br />P.M., IN HALL COUNTY, NEBRASKA; THENCE IN A WESTERLY DIRECTION TO THE WEST LINE
<br />OF SAID SOUTHEAST QUARTER (SE4) OF SAID NORTHEAST QUARTER (NE4) ABOVE DESCRIBED;
<br />.THENCE IN A NORTHERLY DIRECTION AT RIGHT ANGLES ALONG THE WEST LINE THEREOF FOR
<br />DISTANCE.OF ONE HUNDRED THIRTY-TWO (132) FEET; THENCE IN AN EASTERLY DIRECTION AT
<br />RIGHT ANGLES PARALLEL IO THE SOUTH LINE OF SAID SOUTHEAST QUARTER OF THE NORTHEAST
<br />QUARTER (.SE4NE4) ABOVE DESCRIBED, TO THE EAST LINE THEREOF; THENCE IN A SOUTHERLY
<br />DIRECTION OF ONE HUNDRED THIRTY-TWO (132) FEET TO THE PLACE -OF BEGINNING; CONTAINING
<br />,FOUR (4) ACRES, A LITTLE MORE OR LESS.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all. window screens, '.
<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 used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay ,all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 17 , 600. 00 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 />In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on' demand, be entitled to immediate 'possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the '
<br />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 mortgagee shall have the power to appoint any agent or agents it may desire for the purpose 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 expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the same and"of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespective of any temporary waiver of the same.
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said shares by ;
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of S 17 , 600.00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance with interest at
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on said premises; keep and comply .
<br />with all the agreements and conditions of the Bond for S 17 , 600.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By -Laws of said ASSOCIATION; 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 three 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 forthwith. in such foreclosure proceedings.
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or, otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and payable without;
<br />further notice, and the. 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 maximum 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 assessments; and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br />makers of said Bond, their assigns or successors in interest, which sums shall be within the security of this mortgage the same as the Ands originally
<br />secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />Dated this 14th day of March A. D 19 75 '
<br />4
<br />Thoma J. Dolton
<br />STATE OF NEBRASKA,�4 yy�
<br />ss. On flus lL� �--- day of 19 .G�� 75 before me,
<br />;
<br />COUNTY OF HALL
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Thomas J Dolton, a single man, who i S personally known to
<br />me to be the identicahp�rso9AR whose name is affixed to the above instrument as mortgagor , and he c
<br />v'��P� ,�
<br />acknowledged`4hfi,\ ic4tiri&tEutp tt ,t_6e� h 1 S voluntary act and deed.
<br />4Z WVAESS my Qd AndNotarial Seal the date aforesaid.
<br />:MYF4issiori'ex ires �C< 7,,
<br />}�,,PIFiES �i
<br />v�0 Notary Public
<br />3.73-2M ,1?t �J �FC; 7, N91�
<br />I't T OF ilEg�� �/
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