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o k <br />e C o r C, r, 1, - '�' / <br />X <br />"P <br />2�n c 1/6 <br />Fisher, Regi'ster*ofDeeds, <br />Hall County, Nebraska <br />MORTGAGE <br />MORTGAGE LOAN NO. L 21,868 <br />KNOW ALLNIEN BY THESE PRESENTS: That David H. :Rogers and Ruth N. Rogers, each..in,his and <br />her own rig�ht and as -spouse of eadh other, Nlortgilgor, whether one or more, in consideration of the su 'in of <br />Eighteen Thousand Eight Hundred and No/100 -------------------------------- — -------- DOLLARS <br />loaned to said mortgagor by The Equitable Building and *Loan Association of Grand Island, Nebraska, Nlortga: ee, upon 188 shares of stock of <br />9 <br />said ASSOCIATION, Certificate No. L 21 868 do hereby grant, convey, and mortgage unto tile said ASSOCIATION tile folloN�ing <br />described real estate, situated in Hall County, Nebraska: <br />THAT PART OF LOT I OF THE VOSS SUBDIVISION TO THE CITY OF GRAND <br />ISLAND, NEBRASKA, ACCORDING TO THE PLAT THEREOF RECORDED IN BOOK <br />81, PAGE 72 OF THE DEED RECORDS IN THE OFPICE OF -THE REGISTER <br />OF DEEDS OF HALL COUNTY, NEBRASKA, AS FOLLOWS: COMMENCING�AT A <br />POINT ON THE SOUTH LINE OF SAID LOT ONE (1) BEING THE POINT OF <br />BEGINNING, WHICH POINT IS 469.1 FEET�WEST OF THE SOUTHEAST:CORNER <br />OF SAID LOT ONE (1) RUNNING THENCE NORTH AND PARALLEL TO THE EAST <br />LINE OF SAID LOT ONE (1) A DISTANCE OF 183.9 FEET; RUNNING THENCE <br />14EST AND PARALLEL TO THE SOUTH LINE OF SAID LOT ONE (1), A:DISTANCE <br />OF 132.6 FEET; RUNNING THENCE SOUTH AND PARALLEL TO THE EAST LINE OF <br />SAID LOT ONE; A DISTANCE 0 " F 183.9 FEET TO THE SOUTH LINE OF SAID LOT <br />ONE -0); RUNNING THENCE EAST ALONG AND UPON THE SOUTH LINE OF SAID <br />LOT ONE (1) A DISTANCE OF 132.6 FEET TO THE POINT OF BEGINNING, <br />SUBJECT TO ONE HALF OF THE ROAD ALONG THE SOUTH BOUNDARY OF THE <br />PREMISES, IN HALL COUNTY, NEBRASKA. <br />together with all :tile tenements, licreditaments and appurtenances thercunto 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 Wreafter 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 levic(T or <br />.assessed upon said- pyemises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved <br />insurance upon tile- buildings oil said premises situated in the slim of S 18 , 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; <br />In case of default in the performance of any of the terms and conditiofis of this mortgage or the bond secured hereby, the mortgagee slihll, <br />on demand, be entitled to immediate possession of the.niortgaged 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 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 tile discharge of said niorigage indebtedness; these rights of the mortgagee may be exercised at any time during tile existence ofsLich <br />default, irrespective of any temporary waiver of the same. <br />These Presents, 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 slim 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 Mortgiige <br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in tile sum of S 18 800 . 00* payai)le <br />to said ASSOCIATION; repay to said ASSOCIATION upon demand ail money by it paid for such taxes, assessments and insurance with interesfat <br />the maximum lcual rate thercon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on said premises; keep and coni � ly <br />P <br />with all the agreements and conditions of the Bond for S 18 800 thi's day given by the said Mortgagor to said ASSOCIATION, and comply <br />with all the requirements of the Constitution and By -Laws of`�aid AMCIATION; then these presents sliall become null and void, otherwise they <br />sliall 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 payment;, or to keep and comply with the agreements and conditions of said Bond; <br />and 1%lortgagor agrees to have it 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 sliall, at theoption of The Equitable Building and Loan Association of Grand Islimd, 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, sliall, from the <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 oil said <br />bond, and any other bond for additional advances, together with all surns paid by said The Equitable Building and Loan Association of Grand Island, <br />Nebraska for insufance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maxinikini <br />legal rate. <br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sunis to tile <br />0 <br />makers of said Bond, their assigns or successors in interest, which sunis shall 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 this 30th. 17 day of .,October <br />David 'H. R�6ers <br />STATE OF NEBRASKA, ss. <br />COUNT) <br />A.D., ig 75 <br />Ruth *N. Rogers <br />On tli:.s. 30th day of October <br />David H. Rdgers and Ruth N. Rogers, each in <br />other, <br />19 75 beforeme, <br />the undersigned, a Notary Public in and for said County, personally came <br />his*and her -own right and as spouse of each <br />who are personally known to <br />me to be the identical person S whose name s are affixed to the <br />'--a&nowledged-the- said 4listrument.tQ _g.� their <br />_b -_ voluntary act and deed. <br />hy lhl� d ot arial Seal the date aforesaid. <br />My,Commiss!on`exm,res <br />'-3-73-2M NoVeinb er " i2 1975 <br />as mortgagor S ' and they severally <br />