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F1�MEUFil or e-cor ti. , in o
<br />1Hlctzo 00'9210 —
<br />!Jean isher, Register of Deeds,
<br />Hall County, Nebraska
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 21,779
<br />KNOW ALL MEN BY THESE PRESENTS: That
<br />John M.Greene;,; Jr and Jo Anne. Greene. each in his
<br />and her own right.and as spouse of each other,
<br />-- --- Mortgago;,---------------------------
<br />DOLLARS
<br />whether one or more, in consideration of the sum of
<br />Fourteen Thousand Four Hundred and No/100---- ------------------ ---
<br />DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 144 shares of stock of
<br />said ASSOCIATION, Certificate No. L 21 2779 , do hereby grant, convey and, mortgage unto ;the said- ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />!
<br />LOT. FOUR (4) IN BLOCK TEN 0 0)
<br />IN JOEHNCK'S ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attaclied floor coverings -all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and wafer 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 1 q. , 400 . q0 payable to said 'ASSOCIATION and' to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or perml any was a on or about said premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgage or if ie 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 lof; 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 matuiity.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 4 400.OQ payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it, paid for sucli taxes, assessments an � 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 14 ,400.00 this day given by'thel 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, Neb'raska,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 mayj 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 />sec thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />L% d this 20t d o August A..D., 19 75
<br />Zc� YA6e .72
<br />o n reene, r. fl Anne reene
<br />STATE OF NEBRASKA, ss. On this 20th day of August 19 75 ,before me,
<br />COUNTY OF HALL
<br />the ndersi ne Nota Public.in a d fors id Count ersonal came
<br />John M. Greene, Jr and Jo Anne Greene, each i n �i s nc� bier awn. ri ght, and as sV68se V each
<br />Ot who are personally known to
<br />bcjp�kc•tp on S whose name s are affixed to the above instrument as mortgagor S and they severally
<br />cknWd�(Ft1% Sd�inst ment to be their voluntary act and deed. i
<br />NOTARTNESS y hand and tarial Seal the date aforesaid.
<br />COit9PAISSI t
<br />EY,PIR
<br />�YESCert 4sion expires
<br />• CGST31,ti9•Notal Public
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<br />OF NEQ�
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