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A M. in, Book
<br />011027 Page
<br />e i slier, Rbg'* ster of D e e d s,
<br />I
<br />MORTGAGE RaIll County., Nebraska
<br />MORTGAGE LOAN NO. L 21-887
<br />XNOWALLMEN BY THESE PRESENTS: Tba�: Nicholas Giandomenico and Jonene L. Giandomepico, each i'n
<br />his and her own right and as spoute of each other, mortgagor, whether one or more, in corlsideration of the surn 'of
<br />Nineteen Thousand Five Hundred and No/100 -------------------------
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Islatid, Nebraska, Mortgagee, upon 195 shares of stock of
<br />said ASSOCIATIO . N, Certificate No. L 21887 , do hereby grant, convey and mortgage unto the said ASSOCIATION the . following
<br />described real estate, situated in.Hall County, Nebraska:
<br />'J'L. R 0 F I Ly, E
<br />LOT NINE (9) IN BLOCK TWENTY (20) IN BAKER'S
<br />ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA.
<br />together with all ihe 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.
<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 $ 19 500. 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 conditioiis of this mortgage or the bond secured hereby, 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 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 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 morigage 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 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 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 19 , 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 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 for s 19 500. 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 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 wilhout
<br />further 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 Budding 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 />I 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 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 -21st day of November A.D.J9 75
<br />z - u k - z 4-.4 _=azz Q!,�Ztl
<br />NQ_cno1aS blandomenico pnene L. biandomenico
<br />STATE OF NEBRASKA, ss. On" 21 st day of November 19 7 5 before me,
<br />COUNTY OFMALL I
<br />the unde ' d N Publi ip and for said C pers9nally came
<br />Nicholas Giandomenico and Jonene L. Giandomenico, M" A Wis ang ner own rif)gptvand. as
<br />spo h other, who are personally known to
<br />ames 'are they
<br />nS whose n affixed to the above instrument as mortgagor S and severally
<br />ckn enttobe. their voluntary act and deed.
<br />hand and Notarial Seal the date aforesaid.
<br />on expires
<br />Notary Public
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