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87- 102917
<br />MORTGAGE LOAN NO. L 24,7
<br />KNOW ALL MEN BY THESF PRESENTS: That Esteldean Texley and Dale E. Texley, Sr., each in her
<br />and his own right and as spouse of each other,
<br />Twelve Thousand and 00 /00--------------------------- rte_ wtetleroetxmm a�ilcon�deratiortdtbadf
<br />Isamed to said
<br />mortgagor by The Equitable Building and Ltunt A ° -- DOLLARS
<br />Mud ASSOCIATION, Certifiate No. 1. 24,781 Association grant, co vey a Nebnaika, Mwt�®ae, upon 120 $Maas of stock of
<br />described read estate, sittutcd in Nall County, Nebraska: hereby fit' convey lib ou'"11 a unto the sald ASSOCIATION the followhg
<br />Lot 44, in Hagge's Subdivision, in the City of Grand Island, Hall County, Nebraska.
<br />further
<br />Do— bade all the tenements, Iarreditarrents and appurtenances thereuono tulonging, including attached floor coverinM all window screens, storm
<br />mtanoxs, � other flat d equipment awmap, heating, air oamditicming, and plumbing and water equipment and accessories thereto, pumps, sons
<br />rcir' q pnent maw or hereafter attached to or used in connection with said real estate.
<br />anased� in mild the sab NW po hs Mortgage ge nuts a bond agree that the mortgagor shall and will pay RU taxes and assessments kvfad or
<br />mtsaan Mid Prcrnises and ! and lice land securer thereby bet'ore the same stall become delinquent; to ftknish approved
<br />Mm"am upon the budding on said promises stuated in the som of $ 12 , 000. UU to sai
<br />ASSOCIATION the policies for said insurance; and not to wmmit or permit any waste on or about said premises; ION to deliver to said
<br />In cast of default in the
<br />Ite+forrrenu of any of the terms and conditions of this rnrngs t eat the bond secured hereby, the mtongspe it ",
<br />m
<br />unpaid; and the 4tsund. t rntited to initiated u iate Pone's m of the mortgaged premises and tie rnurtgsgor hereby amens, transfers and sale over to the
<br />mortgagee all the erns, m robalef aMi income to be derived from the mortgated premises during %scht titre as the
<br />mm*t suU lswe the power to a I re
<br />the same and collect" the rents, revenues and income. and it ma rat y agents it may desire for the purpose of FOPa id �mdp and rang
<br />and expenses incurred lira rrntireg and ma y ITSY out of said income sU expenses of repairing Mid preys and necessary if an be
<br />�d lowed the discharge i of said mart managing the same and of colkcting rentals therefrom; the babutm rc
<br />default, irrespective of cot t indebtedness; these rights lit" the nangagtc may be exercised at any alma of existence to
<br />y emporary waiver of the sate.
<br />Thew Presents. however, are upon the Condition, That if the said Mortgagor shall repay said loan un or before the tnsturity of said ruts by
<br />psymertt; pay monthly to said ASSOCIATION of cite sun specified in the Bond secured hereby as interest and principal on mid loan, on sham
<br />before
<br />the Twentieth day of each and eery month. liras" said 1,4.11 is fully paid; pay all taxes and assessments kvied against said promises and on this Moripp
<br />and the �dsecured � thereby, before delinquency; furnish approved insurance upon the bui clings thereon in the sum of S 12t000.00
<br />10 said repay to said ASSOCIATION upon demand all Mortgagor b y ee for such taxis, erYabk
<br />the maxiamrn kgatl rate thereon from dart of hymen[ all of whirls Mortgagor hyu'reby agrees to may; permit wane � s� with interest at
<br />with AN the agreements and conditions of the Bond for $ 12 , UOU . 00 this AP � comply
<br />with all the requirements of the Constitution and By -Laws of said ASSOCIATItN ; then blYteat mid Mtmgagtx to mid ASSOCIATION, and comply
<br />slug rennin on full force and tray be foreclosed at the option of the said ASSOCIATION after Preseft' shall become null and void otherwise they
<br />psYments at be three months in arrears is making said monthly payments, or to keep and comply with the men lln to mince sOY of said
<br />and Mortgt agrees to have a receiver appointed forthwith in such foreclosure proceedings. agreements and conditions of said Bond;
<br />If there is any change in ownerdup of the real estate mortgaged
<br />setwed U, at that option of The E:quitabk Building and [ Dart Association of by Tetuan, erwi seathen the entire renuir ing indebtedness hereby
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional advances tt e1therc1eurd�erpyt without
<br />date of exercise of � option, btu interest at the maximum legal rate. and the rmartga� troy then be foreclosed to sdie t the �' from be
<br />kboad,amd any other bond for additional advances, toa ximr with all warm by said The F y then Bead Y amo unt due orb mid
<br />Far inwratce, taut add assessments, grad abstracting extension charges. with interest thereon, from date of payment of Grand Island
<br />payment at the itYxjrrittm
<br />As in the Bond secured hereby, while this mortgage remsms in effect the mortgagee may hereafter advance additiorW w� tts the
<br />WAki" said Bond, their assigns or successors in interest, which sums shall be within the security of this mortgage the same as the funds
<br />awed thereby, the Iatal amount of principal debt not to exceed at any fire the original amount of this coo tgge. °r�+mi11Y
<br />wed 15th
<br />dy°�,. May A. D.. 19 87
<br />>
<br />can 1e le
<br />Dale L. Texley, Sr. —
<br />STATE OF NEBRASKA,
<br />COUNTY OF IIALL e, 011 nals 15th day of
<br />ask N Y 1987 ,Defoe sae,
<br />Esteldean Texley and Dale E. Texley, Sr., eachtt4i. he adt� hUVPwn rtgni[ and as 3�ouse °
<br />to Public ins it County
<br />each other,
<br />tea to be ate whir are P -KHWhy known to
<br />Pwwm a wdarae name s affixed w the shxawe instrument aa,rtartor s std they
<br />assn e will voluntary act and deed.
<br />sI Seat the date aforesaid,
<br />'
<br />r,t�; is d, tl r
<br />qs Wit t�
<br />\ L c
<br />wrom Oki
<br />Notary Public
<br />
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