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a �07
<br />Fil d for' recor /f Fit i B
<br />o.0 9 8.5 1
<br />Jea Fishei-, Recister of Deada,
<br />Hall Count Nebraska
<br />�MORTGAGE
<br />MORTGAGE LOAN NO. L 21,83�
<br />KNOWALMhN BY THESE PRESENTS: Thal
<br />Muriel Benson, a widow
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Ten Thousand Nine Hundred and No/100 ------- ----- - ----------------
<br />DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Islandi Nebraska, Mortgagee, upon 109 ' shares of stock of
<br />said ASSOCIATION, Certificate No. L 21 833 -do hereby grant, convey and mortgage unto' the said ASSOCIATION the following
<br />described real estate, situated irf Hall County,. Nebraska:
<br />THEPORTHERLY FORTY-FOUR FEET AND TEN (10) INCHES OF LOT SIX (6)
<br />AND THE NORTHERLY FORTY-FOUR FEET (44')AND TEN INCHES'(10") OF THE
<br />WESTERLY SIX AND EIGHT TENTHS FEET (6.8') OF LOT SEVEN (7) ALL IN
<br />:BLOCK FIFTEEN (15), OF ROLLINS ADDITION TO THE CITY OF GRAND ISLAND,.
<br />-HALL'COUNTY, NEBRASKA.
<br />together with all -the tenements, liereditamefits and ap iurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />p
<br />window shades, blinds, storm windows, awnings, heating,:air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and oilier 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 an� assessments levied or
<br />assessed upon said'premises and upon this mortgage and *tile bond secured thereby before the same shall become delinquent; to furnish approved
<br />insurance upon tile buildings on said premises sittnted in the sum of S 10 900 . 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;
<br />In case of default in the performance of any of the terms and conditions of this mortg age or the bond secured liereby,-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 �:tlie
<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 tile 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 tile mortgagee may be exercised at any time during the existence ofsuch
<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 Tw . en . tieth 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 10 900.Q,�. payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance wit interest at
<br />the maximum legal rate thercon 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 tile Bond for S 10 900 . 00this 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 an� 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 andlLoan 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 -tie
<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 paymeint at the maxinium
<br />legal rate.
<br />As provided'in the Bond secured hereby, while this mortgage remains in effect the''mortgagee may hereafter advance additional sums tolthe
<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, tile total amount of principal debt not to exceed at any time the original*amount of this mortgage.
<br />Dated this I 9th day of September A.'D., 19 75
<br />!.Muriel
<br />STATE OF NEBRASKA,
<br />ss On this I 9th
<br />COUNTY OF HALL
<br />Muriel Benson., a widow
<br />me to belhe identical person whose name,9, TS I? afflxpi
<br />-her -"'�,�Vo:16"ntSfyi(ct,A
<br />acknowledged the said instrument to"bd
<br />WITNESS mX hand and N' I S6a the,date aforesaii
<br />! pqr i a
<br />, 2,C -
<br />MY Commission expires
<br />3-73-2M 7
<br />q
<br />n,
<br />"I , �� I
<br />0_
<br />day of September ig 75 beforeme,
<br />tile undersigned, a Notary Public in and for said County, personally came
<br />who is personally known to
<br />to the above instrument as mortgagor and she save;ally.
<br />I d6ed.
<br />Notary Public
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