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Filed for records ���9�'rat �� I,i. , .i ,.Boo G
<br />,
<br />of�
<br />Y Je APisler, itegisttr of Deeds,i .
<br />MORTGAGE Hall County, N6b' ska . �O
<br />MORTGAGE LOAN N0. ' L 21,528 •
<br />KNOW ALL MEN BY THESE PRESENTS: That' Fred- R. Plummer and Irl ine L Plummer', peach in. his•and
<br />-her own right and as spouse of each •other, Mortgagor, whether one or more, in consideration of the sum of
<br />VTwenty Thousand and No/100-------------------------------==------------=- ---DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island; Nebraska, Mortgagee, upon . 200'' shares of stock of
<br />said ASSOCIATION, Certificate No. L 21 ,528 do hereby grant, convey and mortgage unto the said ASSOCIATION•the following
<br />described real estate, situated'in Hall County; Nebraska:
<br />.THE NORTH FIFTY-FOUR (54) FEET OF LOTS NINE
<br />(9) AND TEN (10) IN BLOCK THIRTY-FIVE (35)
<br />CHARLES WASMER'S ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<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 sliall 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 sliall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 20,000.00 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 20 , 000.00 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 20,000.00 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 sliall become null and void, otherwise they
<br />shall remain in full' force and may be foreclosed at tlie•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 sliall, 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, wWch sums shall be within the security of this mortgage the same as the funds originally
<br />secured thereby, the total amount of principal deb not to exceed at any, time the original amount of this mortgage.
<br />Dated this7th day of arch nA. D., 19 75 l
<br />Fred R. Plummer Irline L. Plummer
<br />STATE OF NEBRASKA, ss. On this 27th day of March 1975 , before me,
<br />COUNTY OF HALL }
<br />the undersigned, a Notary Public in and for said County, personallcame
<br />Fred R. Plummer. and Irline.L. Plummer, each in his and her own right and as spouse of
<br />each others who are pe rsonally known to
<br />cal persons . whose name s are affixed to the above instrument as mortgagor S and they severally
<br />E- /?
<br />instrument to be their voluntary act and deed.
<br />•���k. N R -1 TWIT S my hand and No Seal the date aforesaid.
<br />NOTARY lqy mission expires \`
<br />COM; 9ISSION \ Notary Public
<br />4 �EXPIRES U Y
<br />yjeOF N.EgR�S�Q.
<br />�S�s
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