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Fi ed for ,recor Bo
<br />of , Fage .
<br />Je Fisher, Register of Deeds,; tpftCROEAp
<br />MORTGAGE Hall County, Nebraska
<br />/v MORTGAGE LOAN NO. L 21 ,5%6
<br />KNOW ALL MEN BY THESE PRESENTS: That Leo Roby and Bessie Mae Roby, each in his and. her own
<br />right and as Spouse of each other, Mortgagor, whether one or more, in consideration of the sum of
<br />Thirteen Thousand Seven Hundred and No/100----- --------- -----------------------DOLLARS
<br />loaned to said mortgagor by.The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 137 shares of stock of
<br />said ASSOCIATION; Certificate No. L 21 ,576 do hereby grant, ;convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />THE WEST ONE-HALF OF THE NORTHEAST -QUARTER OF THE NORTHEAST QUARTER'(WZNE4NE4) OF
<br />SECTION TWO (2) IN TOWNSHIP TEN (10) NORTH, RANGE TEN (10).WEST OF THE 6TH P.M.,
<br />EXCEPTING THEREFROM THAT PART MORE PARTICULARLY DESCRIBED AS FOLLOWS: A TRACT
<br />OF LAND COMPRISING APART OF THE WEST ONE HALF OF THE NORTHEAST QUARTER OF THE
<br />NORTHEAST QUARTER (W2NE4NE4) OF -SECTION TWO (2), TOWNSHIP TEN (10) NORTH, RANGE
<br />TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA MORE PARTICULARLY DESCRIBED
<br />AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER! OF SAID• WANE 4NE1-,; THENCE ALONG .THE
<br />NORTHERLY.L-INE OF SAID W2NE4NE4 A DISTANCE OF THREE HUNDRED THIRTY AND THIRTY ONE
<br />HUNDREDTHS (330.31). FEET; THENCE -SOUTHERLY AND PARALLEL TO THE WESTERLY LINE OF
<br />SAID W2NE4NE4 A DISTANCE OF SIX.HUNDRED FOUR AND TWO TENTHS (604.2) FEET; THENCE
<br />WESTERLY AND PARALLEL TO THE NORTHERLY LINE OF.SAID W2NE4NE4 A DISTANCE OF THREE
<br />HUNDRED THIRTY AND THIRTY ONE HUNDREDTHS (330.31) FEET TO A POINT ON THE WESTERLY
<br />LINE OF SAID WZNE4NE4i THENCE NORTHERLY ALONG AND UPON THE WESTERLY LINE OF SAID
<br />W2NE4NE4 A DISTANCE OF SIX HUNDRED FOUR AND TWO TENTHS (604.2) FEET TO THE POINT
<br />OF BEGINNING AND CONTAINING 4.582 ACRE -MORE Ok 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.tile sum of S 13 ,700.00 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 ofcollecting rentals therefrom; the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of tileimortgagee 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 13',700.00 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 acid comply
<br />with all the agreements and conditions of the Bond for S 13 ,700.00 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.ihe funds 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 30th day of Apri 1 A.D., 19 75
<br />•
<br />LeoRoy ` essie.Mae Roby
<br />STATE OF NEBRASKA, ss. On this 30th day of Apri 1 19.75 , before me,
<br />COUNTY OF HALL }
<br />the undersigned? a Notary Public in and for said County, ersonally came
<br />Leo Roby'and Bessie'Mae Roby, each in his and her own right and as spouse of'eacg-other,
<br />who are personally known to
<br />Le al person S whose name S are affixed to the above instrument as mortgagor and they severally
<br />�}cnowiedbedj•• 1 nstrument to be their voluntary act and deed.
<br />R N ••1VIT SS my hand and Notarial Seal the date aforesaid.
<br />NOiAF!y 6Aaw mission expires-
<br />COMMISSION
<br />xpires COMMISSION b Y
<br />•EXPIRES I.
<br />V.q0� 1�'` Notary.Public'
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