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ICI MAGE 87.ar.. 102521 MORTGAGP. LOAN NO. L 24,770 K" ALL MEN BY THESE PRESENTS: That Virginia G. Seder, a Single person, ^ mnty -fit a ra m►w,e�.,,t Mortgagor, whether one or sawn, in - _ and noj100----------_--_ -------------------------------------- � r7iOLLARB loamad t° 11a1d wurlpBtsr by The Equit�k Building and Lawn Association of Grand Island, Nebraska, Mortppc, upon 230 aW ASSOCIATION, Certificate No. 1. 24,770 , do hereby AMOIatodcof dsws'bed MW eatato, situated in FIaU County, Nebraska: Y Rant, convey and mortpge unto the said ASSOCIATION an foBowittS Lot Two (2), Block One (1), Dale Roush Subdivision, in Hall County Nebraska, together with all the itnements, windows, wnrrnts and appurtenances (hereunto belonging, including attached floor coverings, all window screens, window stoics, blinds, storm windows, awnrrsgs, heating, air conditioning, and plumbing and water equipment and accessories thereto, tefrideratois, and other fixtures and equipment now or hereafter attached 10 or used in connection with said real estate. pumps, stoves, And whereas the said mortgagor has agreed and does hereby agrre that the mortgagor shall and will pay all taxes and asaemarents Levied or !Meted upon said premises and upon this mortgage and the hand secured thereby before the same shall become delinquent; and st rninint approved assurance upon the buildings on said Premises situated in the sum of S 23, 000 , 00 ASSOCIATION the policies for said insurance; and not to annmil or permit any waste on orpaa payable said PfedASSOCIA71ON and to defiver to said In came of default in the performance of any of the terms and conditions of this mortgage or the fond secured hereby, the nwrtpgee shall, on demssrd, be entitled to immediate posaesaion of the mortgaged premises and the mortgagor hereby assigns, transfers ague acts over to the wPsaunpaid; a all the renp� shall have dthe power rcr�a derived i Room the mortgaged premises during such time as the mortgar indebtedness shaU remain an the art PPr y agent or agents it may desire for the purpose the manse and and ex collecting the rents, revenues and income, and it may P 1 of repairing said premises and renting commissions and expenses inettrrtre in renting nd mane y pay out of said income ali expenses of repairing said Premises and necessary R managing the same and of collecting rentals therefrom; the balance rerrainbig, if sty, to be applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any tune during the existence of such deftwlt, irrespedive of any temporary waiver of the same. TTrefe Presents, however, arc upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said shares by psyasent, pay monthly to said ASSOCIATION of the Burn specified to the Bond secured hereby as interest and principal on said loan, on or before the Twentieth day of each and every month, until said Man is fully paid; pay all taxes and assessments levied against said premises and on this MortEye and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of S 23, 000.00 payable to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and ' erag Ilst maximxrm legal rate thereon from date of payment all of which Mortgagor hereby agrees ro with intttest at with all the pay; permit no waste on said premises; keep and comply, �reements and conditions of the Bond for s23, 000.00 this day given by the said Mortgagor to said ASSOCIATION, and comply they AaD re requirements may Constitution foe cllosed at the option f the said TIASSOC ASSOCIATION after failure for become hhree null tvoid, otherwise o yW payments or be three months in arrears in nuking said monthly Payments, or to keep and comply with the agreements and conditions of said Bond; and Mortgagor agim to have a receiver appointed forthwith in such foreclosure proceedings. If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby secured shall, at the option of The Equitable Building and Luan Association of Grand Island, Nebraska, become immediately due and play" Without further notice, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, mhall, from the date of exercise of said option, bear interest at the maximum legal late, and this mortgage may then be foreclo sed to satisfy the amount due on said bond, and any other bond for add assess advances, together with all sums paid by sand The Equitable Building and Loan Association of Grand Island, Nebraska Me for instuance, cues and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum tepl rate. As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the makers of mid Bond, their assigns or successors in interest, which sums shall be within the security of this mortgage the same as the funds originally secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage. Dated then 1St day of May A. D.. 19 87 Virgi G. Seder STATE OF NEBRASKA, COUNTY OF HALL s. On this 15t day of May ne 19 87 , before o, LVirginia G. Seder the undersigned, a Notary public in and for said County, personally Conn mkt to be the iolenliai a�eso is PeMmally known to parson wfu,se nano is affixed to the allow instrument as mortgagor and she Sdfxmkdpd the aid instrument to he her voluntary act and deed. wITNFSS my hand and Notarul deal the date aforesaid , My t fomrl"MM expoes 4! aasar cart- MMaIMAssAa - �IOMMrL 4 X0111!! _ .. 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