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/,TO
<br />F.il d for recor� in Boo,,
<br />-
<br />of �- o, Page n '
<br />O �1 Q 99Jean Fishes', Register, of'Deeds,
<br />V - Hall County,: Nebraska
<br />MORTGAGE
<br />MORTGAGE' LOAN'NO. L 21,756
<br />KNOW ALL MEN BY THESE PRESENTS: That Barbara A.` Williams, ai single woman,
<br />Mortgagor; whetherone or more, in consideration of the,sum of
<br />Seven Thousand Six HUndred and No/100--------!----------------= -=---------------- DOLLARS
<br />loaned to said mortgagor by The Equitably Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon '76 shares of stock of
<br />said ASSOCIATION, Certificate No. L,21 ,756 ; do hereby grant, convey and niortgage unto the Said ASSOCIATION the following
<br />described real estate, situated in Hall .County, Nebraska: `' [
<br />MICROFIL.-AF
<br />THE NORTH ERLY FORTY-FOUR (44) FEET OF LOT�.FIVE' (5)
<br />IN BLOCK.: SEVENTEEN ;(17) .OF THE'' ORIGINAL TOWN, ,NOW
<br />' CITY OF GRAND ISLAND, NEBRASKA', SAID TRACT OF!LAN D' ,
<br />HAVING X WESTERLY FRONTAGE OF FORTY-FOUR (44)FEET
<br />ON WHEELFR STREET AND BOUNDED .ON THE NORTH; BY ITHE
<br />ALLEY, IP SAID BLOCK. j
<br />together with all the tenenients lteredixaments and appurtenances thereunto belonging, including attached floor coverings, all window screeds,
<br />window shades; blinds, storm windows, awnings, heating, air conditioning and plumbing and watcrequipment and accessories theteto; 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 docs hereby agree that the mortgagor sliall and will pay f all taxes and assessments levied or
<br />assessed upon said premises and uponaliis mortgage and the bond secured thereby before the;same shaWbecoihc delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated. in tile sum of S 7 , 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 aboki said premises;'.
<br />In case of default in the performance of any of the terms and conditions of this mortgage I or the bond sgcured. hereby, the mortgagee shall,
<br />on;deniand, be entitled to immediatepgssession 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 oftrepairing said premises and renting
<br />the same and collecting the rents,°revenues and income, and it may. pay out of said income all jexpenses,!of repairing said premises and necessary
<br />commissions and expenses incurred io'renting and managing the same and ,pf and rentals' therefrom; .the balance remaining,' if any, to be
<br />applied toward the discharge of.said moPtgage indebtedness; these rights of the mortgagee may be exercised atariy time during the existence of such,
<br />default, irrespective of any temporary wa5ver of the same. ' ;
<br />These Presents, however, are upon; the Condition, That if the said Mortgagor shall repay said loan onror; before the maturity'of-said shares by;
<br />payment; pay monthly to said ASSOC14TION of the suni.specified in the Bond secured hcrcby;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 againsj said premises and;on this Mortgage
<br />and the Bond secured thereby, before'ddlinquency; furnish approved insurance upon the buildin4sithereon,in the Jum of S 7, 600 ; OO payable,
<br />to said ASSOCIATION; repay to ;said;A5SOCIATION 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 pays; permit no waste on said premises; keep and comply
<br />with all the agreements and conditions of the Bond for S 7 ,600.00 this day given by the• aid 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 ilirce months to make any of said
<br />payments or be three months in arreais;in making said monthly payments; or to keep and comply with the agrebments and. conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointcd forthwith in such foreclosure proceedings. I
<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, ai the option of The Equitable Building and.Loan Association'of Grand Island'
<br />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. fpreclosed to satisfy the amount due on said
<br />bond, and any other bond for additional`advances, together with all sums paid by said The Egiiitable Building and Loan Association of Grand Island,
<br />Nebraska for insurancc,.taxes and::assessments, and abstracting extension charges, with interest ithereon,.Tiom date of payment at'the maximum
<br />legal rate.
<br />As provided in the: Bond secured )rereby, 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 />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 August A.D., 19 75
<br />��n„�1L6+ •' � r- (1 /���•�;�ti RC2/
<br />Barbara A. Williams
<br />STATE OF NEBRASKA; ,
<br />ss On this 8th day of August 19 75 before me
<br />COUNTY OF HALL i ! '
<br />,the undersigned, a Notary Public in and for said County, personally came
<br />Barbara A. Williams, a single woman,
<br />who i s personally known to
<br />me to be the identical person ;wliosc name i S affixed to the above instrument as mortgagor , ' and' She sewfally
<br />acknowledged the said instrument to bd her voluntary act and deed.
<br />WITNESS my hand apd N al Sealthe date aforesaid:”
<br />GEt!£;2f\�'40Tr1RY; •/ /•�% `
<br />state or Nee as{w;% Notary Public
<br />3.73 r
<br />T ly rtmission Expire
<br />1~,� y &i t November 12, 1975 j
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