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n109-26
<br />Filed for record��_ at_'�
<br />ell i —Z� �n4;,I', in 'i _P -T) A
<br />MORTGAGE
<br />KNOW ALL MEN BY THESE PRESENTS: That
<br />Thirty-three Thousand and No/100
<br />loaned to said mortgagor by The Equitable Building and L(
<br />said ASSOCIATION, Certificate No. L 2 �,%51 8
<br />a
<br />described real estate, situated in Hall County, c raska:
<br />ICI 1 ;� - � Ul Q Q : 0,
<br />Hall C,6,unty, Nebraska'
<br />AlUKI G�UL LUAN Nu. L 21MR
<br />lavid E. Osvog, a�s i'ngle p�erson,
<br />-------------- Moopgor, wheilier one pr more, in consideration of the sum. of
<br />DOLLARS
<br />i Association of Grand lsland,I!Ncbraska M'ortgagee, upon 330 shares of stock of
<br />do hereby grant, convey aj,d moirtgagc� unto tile' said ASSOCIATION tile following
<br />'HTEENI ('18), BLOCK ONE (l 1) SOUTHERNi
<br />LOT EIG
<br />ACRES ADDIHON TO THE CITY OF:
<br />-RAND ISLAND,
<br />HALL COUNTY,,INEBRASKA.
<br />together with all tile tenements, liereditaments and appurtenances thercunto belongin g" including �attacl . led floor coverings -all window screens,
<br />window shades, blinds, storm windows, awnings, licating, air conditioning, and plumbing a I d water eqUipment'grid accessories thereto, pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or lierea1fter attached to or used in coNection with !said -reAl estate. I -
<br />a
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortg�g� r sliall anJ will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before tlic'same;sliall be -Lome delinquerit;'to ftirnish approved
<br />insurance upon tile buildings on said premises situated in the sum of S 33 5000 . 00 � bayable to'
<br />ASSOCIATION the policies for said insurance; and not to coinmit or permit any waste Isaid ASSOCIATION and to deliver to said
<br />on u about said rremisd,s;
<br />In case of default in the performance of any of tile terms and conditions of this mo tgage or tile -bond�, secured hereby, tile mortgagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the I
<br />1110 -tgagor lie'reby as�'igns, transfers and: sets over to the
<br />mortgagee all the rents, revenues and income to be derived from tile mortgaged preniises�d ess sliall remain
<br />Onts it may desile for the piirpwc'6f` repairing said premises and renting
<br />unpaid; and the mortgagee sliall have (lie power to appoint a�y agent or a I ring such time as the mortgage indebtedn'
<br />the same and collecting the rents, revenues and income, and it may pay ou.t of said incoffi� all 'expenses of repairing said premises and necessary
<br />commissions and expenses incurred ill renting and managinj the same and of collecting ientals theia'from;Ahe balance reirldining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness;lthese rights 6
<br />f tile mortgagee illay be ex6rLised atiany time during the existence of such
<br />default, irrespective of any temporary �vaiver of the same.
<br />These Presents, however, are upon the Condition, that if the said Mortgagor sliall r�piy said lo;m I on or lbefore the maturity 'of said shares by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in tli'e Bond securedi li'c'rcby as interest and principal on said loan, on or beforb
<br />the Twentieth day of each and every month, until said loan is! fully paid; pay all taxes and ass ssments le v ed agai , nst said premises and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insu�ance upon the 1:nii, dings thereon in tli� sum of S 3 3 , 000 . 00 payable
<br />to said ASSOCIATION; repay to said'ASSOCIATION upon'demand all money by it paid )
<br />fl r such ta�Js, assc�snients and insurance with interest at
<br />0 r . , I it I
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby agre.es 1[ pay, pert i ni no waste on said premises; keep and comply
<br />with all the agreements and conditions of the Bond for S 3 3 1000 00 this day given by the said M, gagorl to said ASSOCIATION, and comply
<br />with all tlic*rcquirements of the Constitution and By -Laws o?said �SSOCIATION; then the'se presen s shall blLcome null and �oid, otherwise they
<br />shall remain in full force and may be foreclosed at the opiion of the said ASSOCIATIO after fail ire fo�, three months Vo make any of said
<br />payments or be three months in arrears in making said niont�,hly payments, or to keep and omply will the ag�eements and conditions of said Bond;
<br />and iMortgagor agrees to have a receive'r appointed forthwith in such foreclosure proceedings
<br />If there is any change in ownership of the real estate mortgaged herein; by sale or 6t ierwise, the the 4ntire remaining indebtedness hereby
<br />secured shall, at the option of Tile Equitable Building and Loan Association of Grand Island Nebraska! liecome4mmediately due and payable without
<br />in dditi I ad I ccs ma . de thercunde'r, sliall, from the
<br />y a i io an
<br />further notice, and the amount remaining due under said bond, and any other bond 156rl for
<br />date of exercise of said option, bear interest at tile maximuni legal rate, and this mortgage il iay then be ecv ed to satisfy tile a, Mount due on said
<br />bond, and any other bond for additional advances, toge t her %�ith all sums paid by said The� Iliquitable Building And Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with ilft�'rest tlicre6', ftom� date of payment at tile maximum
<br />legal rate. i
<br />As provided in the Bond secured hereby, while this mortgage remains in effect tile iortgagee may her alter advance additional sums to the
<br />makers of said Bond, their assigns or successors in interest, w iich sums shall be within 1:14 spurity of this mor�gage the same as the funds originally
<br />secured thereby, the total amount of principal debt not to e�cccd at any time the original ailount of this mortgage.
<br />Dated this I - � 11 � I I
<br />day of A D., 19
<br />20th OrJobc-,- �75 1
<br />STATE* OF NEBRASKA, ss. On this
<br />COUNTY OF HALL
<br />David E. Osvog, a single
<br />1 1. CT
<br />Da�'�id E ;d,svog' L�
<br />20th i day of Oct6l er ig,75 beforeme'
<br />tile undershmed a Notary Public inland for said Countv nersonall cam
<br />on,
<br />me to be tile identical person whose name
<br />i S affixed to the 'above
<br />acknowledged the said instrument to be his vo untary act and &ed.
<br />J7 ESS-mnliand-and Notarial Seal the ate aforesaid.
<br />IT
<br />A 0 SON I
<br />yjQPlPmissionjp�l3ir s
<br />I�J
<br />Novenib('Ir >/
<br />.12,
<br />J
<br />ho i.S yersonally known to
<br />rument as mortgagor I and.' -he --sewf-Ay.
<br />Notary Publi�
<br />
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