|
I
<br />MORTGAGE so--- 1.05794;
<br />MORTGAGE IRAN NO. L 25572
<br />KNOW ALL MEN BY THESE PRESF.NTS:That Mark C. Huntley and Linda L. Huntley, each in
<br />his and her own right, and as spouse of each other
<br />Eight Thousand and no /100 ---------------- F
<br />— IDW ARS
<br />bo wd to slid sttorlip8 r by 1ltr E"WaW 11114ft and Loos Amotauon ofGnW Islaad, Nelkaalta,tillxlgttgee, upon 80 date, of stock of
<br />UM ASSWATION, Certificate No. L , do hereby grand, eonvey and rteortptge unto the said ASWIIIATION do IfoBeft
<br />•: •:: , daal&" rXM ,ealate. situated its HatW Coouaty, Nebaarka:
<br />'• 1
<br />The East Sixteen (161) Feet of Lot Nine (9) and all of Lot Ten (10), in
<br />Block Seventeen (17), Charles Wasmer's Addition to the City of Grand Island,
<br />Hall County, Nebraska,
<br />lolledm with all the tenements. hereditaiments and appurtenances thereunto belonging. including attached floor eovterings, all window rls+eefn. 1lik
<br />window shades. blinds. storm windows. awnings, healing, air conditioning, and plumbing and water equipment and wA*=odn thereto. pwnps,stoves.
<br />refriperston, and other fixtures and equipment now ur bereafter attached to or used in connection with said real estate. f
<br />And whereas the said mortgagor has spend and does hereby agree that the mori gor shall and will pay all taxes and Ve"innetts levied or jam_
<br />assessed upon said premises and upon this fnortgage and the bond secured thereby before the acme scull become delinquent; to famish approved
<br />insurancec uppo1n the buildings an acid premises situated in the sum of S B , 000.00 payable to said ASSOCIATION and to dd wr to aid
<br />ASSOCIATION the policies for aid Insuran/ccalnd not to commit or permit any wide an or about said premises;
<br />In can of default in the performance of any of the terms and conditions of this mortgage or the bond seated hereby. the nxwl ages shall.
<br />on demand, be entitled to immediate posserdon of the mortgaged premises and the mortgagor hereby assigns, transfers sold sets over to the
<br />mortgagee all the mats, revenues and incorne to be derived from the mortgaged promises during such time as the mortgage indebtedness shall rmansin
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire fol the purpose of repairing aid premises and renting
<br />the :ante and oollWing the rents, revenues and income, and it may pay out of said Income all expenses of repairing raid prembes and necessary
<br />commissions and expenses incurred in rentnnl and managing the same and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied toward the discharge of said mortgaagt indebtedness; these rights of the nwrtgaW may be exercised at say time dwi* the existence of such
<br />i defaWt. brespective of any temporary waiver of the am o.
<br />These Presents, liewam. ate upon the Condition. That if the said Mortgagor shall repay said loan on or before the maturity of sad cheats by
<br />payment; pay -- thbr to Said ASSOCIATION of the sum specified in the Hand secured hereby as interest and principal on said ban. on or before ;
<br />i the Twenliethday of each and every month, until ad Wit is fully paid; pay all taxes and assessments levied against Will pmmbes andon this Mortpge
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of S 8, 0 00. 00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and instasona with interest at
<br />the maximum kpl rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on Said promiar keep and comply, ;
<br />with all the agreements and conditions of the Bond for S 8 , 000.00 this due oven b the said Mort ttttta�
<br />f B Y Mortgagor to said ASSOCIATION. and comply
<br />with all the requirements of the Constitution and Byd.aws of Sail ASSOr IATION; 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 mid ASSOCIATION after failure for three months to make any of said
<br />payments or be three months in arrears in truking said monthly payments, in to keep and comply with the agreements and conditions of said Bond; ti
<br />WA Mortgagor agrees to have a receiver appointed forthwith in such fareclusure proceedings.
<br />If there is any change in owsunhipof the real estate mortgaged herein. by ale or otherwise, then the entire refraining indebtedness hereby
<br />=PAW 111M, at the option of The Mquatable Muudmg and Moan Association of Grand Island. Nebraska, become immediately due and payable without
<br />further notice. and the amount remaining due tender Said bond, and any other bond for any additional advances made thereunder, ttW. from the
<br />date of exercise of sod option, bew interest ai the maximum legal rate, and this morimp tray then be foreckwil to sandy the amount due on aid
<br />i bond.aud any other bent for additional advanos, together with all sums paid by ad The Equitable Building and Loan Association of Grand Island.
<br />jl
<br />Nebraska for imwnstoe, taxes and ssmssntants,asdabstracting extension charles, with interest thereon, from date of payment at the maximum
<br />I d rate.
<br />�t At provided in the Bond secured hereby, while this mortgage
<br />by gage tartans in effect the mortgages may hereafter advance additional soma to the
<br />makers o sold Bond. their assigns or tuceemun in Interest. which sums shall he within the security of this mortgage the acme as the funds originally
<br />Naued 111e90y. the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />Dual this 2nd day of October
<br />Linda L. Huntley
<br />• j
<br />STATE OF NEBRASKA. se. on this 2nd Jay of October 14) 90 before stole,
<br />COUNTY OF IIALL
<br />the utlderstgned, it Notary Public in and for sold County, pernrnallyeame
<br />Mark C. Huntley and Linda L. Huntley, each in his and her
<br />own right, and as spouse of each other who ere personally known to
<br />file to be the i entfcol petwt►S whose ntmac 8 are attlllCJ tU the itM11C IrIf11111114,r11 a% nun tyagur 5 and t. h 17 y sear ally
<br />acknowledged the said Instrument to he their wdunlwy act and alt ed .
<br />WI'I NfS8 my haul stud No talui tical the date almosaod L
<br />My t•►►trinus<.wr11 V Milan. j
<br />Sam its d mob N..rar} 1'ub1K
<br />W
<br />::1•.. ; it .
<br />
|