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<br />Q Jeb Fisher, Register o:. Deedg t
<br />MORTGAGE Hall County_ Nnhraska�_
<br />MORTGAGE LOAN NOL. 21803 MGIC
<br />KNOW ALL MEN BY THESE PRESENTS: That Richard E : Ki nkai d and Angela A. Ki nkai d , :each in his and
<br />her own right and as SpOUSe Of each other, Mortgagor, whether one or more, in consideration of the sum of
<br />Forty Four Thousand Five Hundred and No/100---=------------------------==-=----7----LLARS
<br />loaned to said mortgagor by The Equitable Build in and Loan Association of Grand Island, Nebraska, Mortgagee, upon 5 shares of stock of
<br />said ASSOCIATION, Certificate No. L 2180��1 C ; do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT THREE (3) , IN BLOCK FOUR (4) IN NORMANDY ESTATE,
<br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<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 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 secWr dbu • 0 u% before the same shall become delinquent;10 furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S r0 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 tite 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 payout 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 44 , 500.00 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 44 590 , 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 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, of the option of The Equitable Building and Loan Association of Grand Island, 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 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 ¢r successors in intere�t;,which sums shall be within the security of this mortgage the same as the funds originally
<br />secured thereby, tlte:total amount of.principal de t not to exceed at any time the original amount of this mortgage.
<br />Dat�d'ths 3rd' day of September A. DOI9 75
<br />f
<br />c ar l n al;
<br />STATE OF NEBRASKA, 3rd September 75
<br />ss. On this day of er P 19 ,before me,
<br />COUNTY OF HALL
<br />Richard E .. Ki'nkai d and Angela A. Ki nkai d each Ae V94� a,j�otar��P�bl i� fQd4is d �u �°a� c ch
<br />other , who are personally known to
<br />me to be the identical person S whose names are affixed to the aboveinstrument as mortgagor . S and ithey severally
<br />a the said -iristr--.—_n l r voluntary act and deed.
<br />` WI� of rial Seal the date aforesaid.
<br />My C6tnfnissibblekplreta
<br />0,9y Co ^ isslon Expires ry
<br />Not Publi
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