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Filed for records ..6 Sat=�,�` d in BookL
<br />U 8 (? it � of'' �l,+�f�,�,m�� � • Pale .__ � fes,- �.�����.J
<br />Jean Fisher; Register -of Deeds,
<br />MORTGAGEHall.C'ounty, Nebraska
<br />MORTGAGE LOAN NO. L 21,707
<br />KNOW ALL MEN BYTHESEATRESENTS:That Edmond J. Bisaillon and-kl se E. ,Bisaillon, ,each Jn his 'and
<br />her own right and as spouse of each other,
<br />Mortgagor, whether. one,oi more, in consideration of the sum of
<br />Forte -Thousand and No/100------------- -
<br />--------=--------------------------------- ---DOLLARS
<br />400
<br />loaned to said mortgagor b The E uitab��j, Bt �'j u� and Loan Association of Grand Island, Nebraska, Mortgagee, upon shares of stock of
<br />said ASSOCIATION,- Certificate No. L`1 ,/�/g do hereby grant, convey and mortgage unto the said •ASSOCIATION. tlie -following
<br />described real estate, situated in f Ia11;County, Nebraska:
<br />MIOROFILM6 -
<br />LOT FOUR (4) IN RAVENWOOD SUBDIVISION, HALL COUNTY;.,NEBRASKA,
<br />BEING A TRACT OF LAND COMPRISING A PART OF THE SOUTH :HALF OF
<br />OF THE SOUTHEAST QUARTER (S ZSE4) OF SECTION THIIRTEEN (13) ,
<br />TOIWNSHIP ELEVEN (1.1) , NORTH, RANGE NINE (9) , :WEST OF 'THE 6TH
<br />PX , HALL COUNTY, NEBRASKA.
<br />together with all the tenements, liereditaments and appurtenances thereunto belonging, including attached floor coverings, :all .window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning; and plumbing and wat4 equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connectioniwith said real estate.
<br />And whereas the said mortgagorltas 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;tltis mortgage and the,bond secu c,(I t t r by before the same shall become delinquent; -to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 46 ���� Ov 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 tears and conditions of this mortgage or tiie 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 cif; repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the sante and of collecting rentals i 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, arc 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 sunr 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, 6ntil 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 iliereon in the sum of S 40 3000..-00 - payable
<br />to said ASSOCIATION; repay -to said ASSOCIATION upon demand all money by it paid for'such!taxes, assessments and insuiance: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 prentises;kegp and comply
<br />with all the agreements and conditions of the Bond for S 40 ,Op (� this day given by 'thg.said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By -Laws of sai 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 ntake any of said
<br />payments or be three months id 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 fortliwith in such foreclosure proceedings..
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or otliervise; 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 tltereunder,: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 abstradting extension charges, with interest thereon, fiom date of payment at the maximum.
<br />legal rate.
<br />As provided in the Bond secured hereby, while ibis -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 fund's 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 / 8th day of July. A. b;,19; 775
<br />GZ_�L"fS� Z7"((� � � /� `1r1,�`--C %-'7 .�� ri-�_c..� to , `�X��� •
<br />Ed.mord J. Bisaillon Rose E.1'Bi saillon
<br />STATE OF NEBRASICA, _Lyt
<br />ss. On this.: day of t—) G/4 y' 19 7 before me,
<br />COUNTY OF IfALL
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Edmond J. Bisaillon and 'Rose E. .Bisaillon, each in his and her own .right and as spouse of
<br />each.other, who are personally known to
<br />me to be the identical person S whose name • SZ ar. eG 'a�ixed to the above instrument as mortgagor. S and , they severally
<br />acknowledged the said instrument to be t�volubtarypq'c 4nd deed.
<br />WITNESS my hand and Npl�tajSea the datefafor4
<br />t•I0,,r,
<br />My Commission expires Cpi �? V��;7
<br />Notary Public
<br />3-73-2M '.
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