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<br />Je Fisher, Register of Deeds,
<br />HaI T County, Nebraska
<br />MORTGAGE.
<br />MORTGAGE LOAN NO.1 21 , 771:,. MGT C
<br />KNOW ALL MEN BY THESE PRESENTS: That Stephen L. Ni emoth..J a si n0 d ,person ,
<br />Mortgagor' whether one of more, in consideration of the sum of
<br />Nine Thousand and No/10'0--------------------=-----------= '-- ----DOLLARs
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 90 ` shares of stock of
<br />said ASSOCIATION, Certificate No.'?L 21 ,771 MGIC ; do hereby grant, convey and mortgage 'unto the said- ASSOCIATION the following
<br />described real estate, situated in Ha11 County, Nebraska:
<br />THE SOUTHERLY FORTY FOUR FEET' (S44' )
<br />OF LOT.FOUR (4) IN BLOCK SEVENTY FOUR'.
<br />MIOROf/�yFO
<br />(74) , IN THE ORIGINAL TOWN, NOW CITY;
<br />GRAND ISLAND,.HALL COUNTY, NEBRASKA
<br />together with all the tenements, herp ditaments 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 fo 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 tlte; same shall become delinquent;`to. furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 9, 000.00 payable to' said ASSOCIATION andto 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 rental's therefrom;' the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may The 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 \lortgagor 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 9,000:.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 9 , 000 , 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 tic 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 receivdr appointed forthwith in such foreclosure proceedings.
<br />If there is any change in owncrahip of the real estate mortgaged herein, by sale or otherwise, then the; entire remaining. ifidebtedness hereby
<br />secured shall, at the option of The Equitable Building and Loan Association of'Grand Island, Nebraska;becom'e 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 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. i
<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 oPprincipal debt not to exceed at any time the original amount of this moftgage.
<br />Dated this CP , day of ff us t,t S 'f A D.-, 19
<br />i S—tepFie l - Ni emoth
<br />STATE OF NEBRASKA,1 ; )r /� f ss. On this day ofc.i5 s �' 19 7�' , before me,
<br />• COUNTY OF HALL
<br />the undersigned, a Notary Public in and for said County,'personally came
<br />,Stephen L. Niemoth, asingle person'
<br />who i s . personally known to-
<br />whose to be the idenilcal person whose name 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 />My Commission expires
<br />Notary Public
<br />3-73.2M..�. GEHERALMQDiBr•sbb�INetua .
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