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Fil or recordz, 2(a in B ok__Z_ZL_*.
<br />ji*s,er�.of Deeds,
<br />MORTGAGE Hall County, Nebraska
<br />MORTGAGE LOAN NO. L 21,864
<br />KNOW AL: MEN BY THESE PRESENTS: That James. E. Ross and Janet M. Ross, each in his and her
<br />own right and as spouse of each other, Mortgagor, whether one or more, in consideration of the sum of
<br />Thirty-one '.Thousand Five Hundred and No/100 — — — — — — — — — — — — — — — — — — — — — --- — — — — — — — — — DOLLARS
<br />loaned to said mortgagor by Tile Equitable Building and Loan Associatioi 1 1 of Grand Island, Nebraska, Mortgagee, upon 315 shares of stock of
<br />said ASSOCIATION, Certificate No. L 21,864 do liereby'grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT ONE IN ROSS HEIGHTS SUBDIVISION,
<br />HALL COUNTY, NEBRASKA.
<br />together with all the tenements, hereditarrients and app'urtenances thereunto bel I onging, including attached floor coverings, all window screq'ns,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and ot ' her fixtures and equipment now or hereafter attached 4o or used in connection with said real estate.
<br />'And whereas the said mortgagor has agreed and does hereby agree that tile 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 31 , 500 . 00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION tile. 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 tile mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all tile rents, revenues arid income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shall have tile power to appoint any agent or agents it may desire for tile purpose of repairing said premises and renting
<br />the same and collecting tile 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 Aischarge of said mor(gage indebtedness; these rights of tile mortgagee may be exercised at any time during tile existence ofsuch
<br />default, irrespectiv ' e of any temporary waiver of the same.
<br />These Presents, however, are upon the Conditionjliat 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 premiscs and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thercon in the sum of S 31., 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 legql '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 s31 500 . 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 ally of said
<br />payments or be' tilree months in arrears in making said monthly payments, or to keep and comply with tile 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 tile real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of Tile Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />further notice, arid the amount remaining due under said bond, and any other bond tor any additional advances made thereunder, shall, frorh ;lie
<br />date of exercise of said option, bear interest at tile 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 tile
<br />makers of said Bond, their assigns or successors in interest, which sums shall be within tile security of this mortgage the same as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any tinic the original amount of this mortgage.
<br />Dated this , 28th day of October D 1975
<br />05times E. Ross Janet M. Ross
<br />STATE OF NEBRASKA, ss On this 28th day of October 19 75 beforeme,
<br />COUNTY Or. HALL
<br />lie undersigned, a Notary Public in and for said Count
<br />,y, personally came
<br />James E. Ross and Janet M. Ross, each in his and her own right and as spouse OT each
<br />other, who are personally known to
<br />me to be the identical person S whose name S are, af.f ix I 6d to tile above instrument as mortgagor S - and they severally
<br />acknowledged the said instrumerittobe . their volun tary .'act iind'deed.
<br />WITNESS my hand and Notarial Seal the �date aforesa'id.'.
<br />My Commission expires
<br />Notary Public
<br />3-73-2M
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