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Filed for recor S at %d:.� „ Bo 1
<br />of ,.,Paged
<br />1� S/% Je Fisher, Rebster of Deeds,
<br />MORTGAGE Hall County, Nebraska
<br />MORTGAGE LOAN NOL Z1 ,559'
<br />KNOW ALL MEN BY THESE PRESENTS: That Harold G. Day and • Eval ene A. -Day'., each . ,n ,his ..and, her
<br />own right.and as spouse of each other,
<br />Mortgagor; whether one or more, in consideration of the, sum of
<br />Seven Thousand Eight Hundred And No/100-------------------------- —55LLARs
<br />loaned to said mortgagor by The Equitable $uilding and Loan Association of Grand Island, Nebraska, Mortgagee; upon 78 shares of nock of
<br />Z I 55y do hereby rant convey and.mort a e unto the said ASSOCIATION the follow'
<br />said ASSOCIATION; Certificate No. L � Y g Y g g
<br />described real estate, situated. in Hall County, Nebraska:
<br />LOT FOUR (4) IN BLOCK FIFTEEN' (15)
<br />IN SCHIMMER'S ADDITION TO THE"CITY
<br />OF GRAND ISLAND, 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 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 sliall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 7 , 800.00 ' 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 7 , 800. DO 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 7 , 800.00 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 forthwitli in such foreclosure proceedings.
<br />any change in ownership of the real es
<br />If.there is e mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />iation of Grand Island, Nebraska, become immediately due and payable without
<br />secured shall, at the option of The Equitable Building and Loan Assoc
<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 themaximum'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 interesf 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 funds originally
<br />secuEed thereby, the total amount of principal debt not to exceed at any time the original 1. amount of this mortgage.
<br />Dated this 17�h day of Aprl 1 A. D.J9 75
<br />aro . ay va ene ay
<br />STATE OF NEBRASKA, ss On this 17th day of April i9 75. , before me,
<br />COUNTY OF HALL
<br />' , the undersigned, a Notary Public in and for said County, personally came
<br />Harold G.. Day and Evalene A. Day, each in his and her own right and as spouse
<br />are o personally
<br />che io
<br />�mt= o be the ici n aLlierson S""�"� hose name s are' affixed to the above instrument as mortgagors and they severally
<br />e
<br />J NIES W. OL heir ry
<br />acknow ged the sa instgulneStxtkbbY voluntary act and deed.
<br />av WI' NESS>fn101i&atid N tarial Seal the. date aforesaid.
<br />i� ra on Exprey
<br />�o-q{ v.emnb'L��'°ilLexPirFB C'
<br />✓�,^ . Notary Public
<br />3.73-2M
<br />�--�. Z2 . %,�;7 t7
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