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MICROFILMED Fi * fo recor S t i. , in o !
<br />o page—
<br />Q 0 9 2 Qtr ; Je :I' isher,�Register of Deeds,
<br />j Hall County, Nebraska
<br />MORTGAGE
<br />I 'MORTGAGE LOAN N0. L21,775
<br />KNOW LL III EN BY THESE PRESENTS:That Robert B. Hamm and Mary J. Hamm', each in his and. her
<br />own 'ri ght and as spouse of each other, Mortgagor, whether one or more, in consideration of the sum of
<br />Twenty Two Thousand Three Hundred and No/100----=---s------------------------------DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 223 shares of stock of
<br />said ASSOCIATION, Certificate No. L 21X775 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in hall .County,, Nebraska:.
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<br />LOT NINE (9) IN BLOCK TWENTY THREE (23),IN PACKER AND
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<br />BARB'S SECOND ADDITION TO THE:CITY OF; GRAND ISLAND,.
<br />HALL COUNTY, NEBRASKA.
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<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 ini 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 22 ',300 . 00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any wasteon or about said premise's;
<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 tite 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 tite 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 btortgagor 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 22 , 300.00 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 and comply
<br />with all the agreements and conditions of the Bond for S 22 , 320.00 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 concjitions 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 salejor otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Building and Loan Association of Grand I:;Land, 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, sliall, 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 saidOThe Equitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, witli interest thereon, from date of payment at the maximum
<br />legal rate.
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<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 />tell this day of AJ & o t -r A. I)., 19 � y
<br />Robert B. Hamm Mary J. H mm
<br />STATE OF NEBRASKA,
<br />ss. On this 19th day ofAugust 1975 ,before me,
<br />COUNTY OF HALL
<br />the undersigned; a Notary Public in and for said County, personally came
<br />Robert B. Hamm and Mary J. Hamm, each in his and her own right and as spouse of each other,
<br />I who are personally known to
<br />me to be the identical person S whose name s are affixed to the abc
<br />acl.'iiaZvldged the said instrument to be-hel r voluntary act and deed.
<br />1VITI�ESS �tty 1tY'a nd N tarial Seal the date aforesaid.
<br />la_ uS. v `i IY
<br />M}Tdmmissiorbexpi[ps
<br />,4y Commi:<'" `xpires
<br />November 1 5
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