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Fil d for recor /3 .at /'S�'
<br />In poqk
<br />of Page��—��� lC
<br />Jed -n Fisher, Register of Deeds,
<br />MORTGAGE 01Lj±y_ TTeb aeka
<br />. MORTGAGE LOAN NO. 1 21,752' MGT C
<br />KNOW ALL MEN BY THESE PRESENTS: That Steven E. Yenny, , a :si ngl e. person
<br />' Mortgagor, whether one or more, in consideiation of the sum bf
<br />Seventeen- Thousand Fifty and No/100--- boiLARS
<br />loaned to said mortgagor by The Equitable Building andLoan Association of Grand Island, Nebraska, Mortgagee, upon 170. shares, of stock of
<br />said ASSOCIATION, Certificate No. L21 � 752 MGIC
<br />do hereby grant, convey and: mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska: ;
<br />LOT .TWENTY ONE •,(21) IN BLOCK SIX (6),IN MORRIS THIRD MICROFILMED
<br />ADDITION TO THE :CITY OF GRAND ISLAND,. NEBRASKA.
<br />:¢
<br />together. with all the tenements, hereditaments and; appurtenances thereunto belonging,'including attached floor coverings, all window screens,
<br />I
<br />indow shades, blinds, storm .windows, awnings, Iteating,•air conditioning, and plumbing arid 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 the sum of S 17 ,050.00 .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 17 050. 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 a11'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 17 00. 00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and ByL•aws of 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 tite said ASSOCIATION' after failure for three ntontlrs: 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 an y. 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, 'arid., 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 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 7th day of August A,`D•, 1 7
<br />Steven E. Yenny
<br />STATE OF NEBRASKA, ss. On this 7th day of August 17)5 , before me,
<br />COUNTY OF HALL
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Steven E. Yenny,•a single person
<br />who is personally known to
<br />tie'f` bejthg ide, t .,al person whose name i S affixed to the above instrument as mortgagor and he severally
<br />acknowledged the said instrument to be his voluntary act and deed.
<br />WITNESS my hand and Notarial Seal the date aforesaid. ,
<br />rr My -Commission expires
<br />r
<br />Notary Public
<br />3732M 1 rl
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