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Ff e o�Tecor d. in Book ,. o
<br />� � -'C"n9
<br />Jn Fisher,.Rogister of Deeds,',
<br />MORTGAGE Hall County,,Nebraska
<br />MORTGAGE LOAN NO.' L 21806
<br />KNOW ALL. MEN BY THESE PRESENTS: That J. Daniel Casey and Marsha J. Casey, each in his 'and• her
<br />owd right -and as spouse of each other, . Mortgagor, whether one or more, inconsideiationofthesum of
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<br />Ten Thousand Eight Hundred and No/100--------
<br />------------------------------ W.--,
<br />DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 108. shares of stock of
<br />said ASSOCIATION, Certificate No. L 21 6 , 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 />THE SOUTHERLY FIFTY NINE FEET :OF LOT ONE (1) AND
<br />THE SOUTHERLY FIFTY NINE FEET OF THE.EASTERLY SIXTEEN FEET
<br />OF LOT TWO (2) IN BLOCK SEVEN (7) IN.THE ORIGINALJOWN,
<br />NOW CITY, OF GRAND ISLAND, 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 in connection with said real estate.
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<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 Sl 0,800.00 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;
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<br />In case of default in the performance of any of the terms and conditions of this moitgage or the bond secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premise's and 'tile 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 sliall 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 aiid 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 Prescats, however, are upon the Condition; That if the said Mortgagor sliall 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 10 800.00 1 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 fors -1 0,800. 00 this day given b,y.tlte 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, Nebraska, become immediately due and payable without
<br />furt!ier 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 mazimmill
<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 sliall 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 this3rd day of September A. D., i9 75
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<br />�J Daniel Casey Mar ha J. Case
<br />STATE Of NEBRASKA, ss. On this 29thda of August 75
<br />COUNTY OF HALL y g 19 ,before me,
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<br />the undersigned, a Notary Public in and for said County, personally came
<br />J. Daniel Casey and Marsha J. Casey, each in his and her own right and as spouse of
<br />each other.; who are personally; known to
<br />me to be the identical persons whose names, `ar eC/.ir�ffixed to the above instrument as mortgagors andthey severally
<br />acknowledged the said instrument to be the l;r\ .' ..voluntary, act -arid deed.
<br />WITNESS my hand and N t naI Scal the date aforesaid
<br />My Commission expires � �, i !0
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<br />f ZZ i,pIRES(3
<br />%Cri
<br />> Notary Public
<br />3.73-2M
<br />er. 7.
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