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mort , whether case of mom, in of 00 GIs gar
<br />Fourteen Thousand and no /100 -------------------------------------------------- ----
<br />_— __.. __.. _. __ ,. -,. DOLLARS
<br />hosed th aaW by Ths E ' i" and [Ave Aso rirtion os Grand t . Nob"a. . opm 140 dwo of "* of
<br />add ASSOCIATION. Ce tifloste No, L 24879 ,ode hereby giant, convey and mortgage unto the said ASSOCIATION dw felowind
<br />desathei mad estate, Wetted in Hal County, Nebraska:
<br />Part of Block Two (2), of Koehler Subdivision, located upon a part of the Southeast Quarter
<br />of the Southwest Quarter (SEkSA) of Section Fifteen (15), Township Eleven (11) North,
<br />Range Nine (9) West of the 6th P.M., Hall County, Nebraska, and a part of Lot Fourteen (14)
<br />of County Subdivision of the West Half of the Southwest Quarter (WkSW;) of Section Fifteen
<br />(15), Township Eleven (Ill) North, Range Nine (9) West of the 6th P.M., Hall County,
<br />Nebraska, more particularly described as follows, to -wit: Commencing at the Southwest
<br />Corner of said Block Two (2), running thence North along and upon the West boundary line of
<br />said Block Two (2), for a distance of Two Hundred Four and Three Tenths (204.3) Feet,
<br />running thence East parallel with the North boundary line of said Block for a distance of
<br />One Hundred Sixty (160) Feet, running thence South parallel with the West boundary line of
<br />said Block for a distance of One Hundred 'twenty Nine and Nine Tenths (129.9) Feet to the
<br />Northerly boundary line of the belt line of the Chicago, Burlington & Quincy Railroad
<br />Company, running thence in a Southwesterly direction along and upon the Northerly boundary
<br />line of said belt line for a distance of One Hundred Seventy Five and Three Tenths (175.3)
<br />Feet to the place of beginning, Except that part conveyed by Warranty Deed recorded as
<br />Document No. 78- 003971 in the Register of Deeds Office, Hall County, Nebraska.
<br />farther with all the tenements, hereditament% and appurtenances thereunto belonging, including attached floor coverings, all window scream,
<br />window shades, blinds, storm widows, awnings, heating, air auuhitioning,and plumbing and water equipment and accessories thereto, pumps, storm,
<br />tetrifferstas, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said roortsgot has agreed and does hereby agree that the mortgagor dial and will pay all taxes and aaeasents levied or
<br />arsaed upon slid premises and upon this mortgage and the bond secured thereby before the same stall become delinquent; to furnish approrod
<br />Man upon the buildings on said premises situated in the sum of 3 14 , 000.00 payable to said ASSOCIATION and to delver 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 defer in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mort®t/e t sal,
<br />on demand. be entAbd to ihoediste possession of the mortgaged premises and the mortgagor hereby assigns, transfer& and sets over to the
<br />nortpppe all the tests, tevenues and income to be derived from the mortgged pretnhes during such time as the mortgage indebtedness sal retoaw
<br />unpaid; and the mortg®ee sal have the power to appoint any agent or agents it may desire for the purpose of repairing said previsions and renting
<br />the arse and ealeditg the reins, revtman and income, and it may pay out of said income all expenses of repaiirg said premisa and necessary
<br />cognaggigniongs and c itcwred in tenting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to be
<br />toward the of said modgage indebtedness. these rights of the mmtppc nay be exercised at any time during the existence oaf sttclh
<br />arespectire of any temporary warm of the satre.
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said hart on or before the maturity of said shares by
<br />prymrent; pay monthly to said ASSOCIATION of the stun specified in the Ifond secured hereby as interest and principal on ad loan, on or before
<br />the Twentieth clay of each and every month, wail said loin is fully paid; pay all taxes and assessments levied spinet said premises and on this Mortgage
<br />and the Boad secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the rim of $ 14,000.00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by if paid for such taxes, assessments and insurance with interest at
<br />the maximum ltgsl rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on aid premises; keep and comply
<br />wish al the apeements and conditions of the Bond for $ 14 , 000.00this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />wigh all the reggluiements of the Constitution and By-Laws of said ASSOCIATION; then these presents call become nuB and void, otherwise they
<br />shy remain in full fora and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of said
<br />payments or he three rnontla in arrears in malting said rtoothly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor fees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If these is any chonfle in ownership of the real estate mortgaged herein, by sale or otherwise, than the entire remaining indeMedrgess hereby
<br />atroasss A sa8, at the option of The E:quit" Budding and Low Association of Grand island. Nebraska. become immediately due and pay" without
<br />father notice, and the amount remaining due under said bond, and any other bond for any additional advances made theretmxler, sal, from the
<br />dusk of exercise of slid option, bear interest at the maximum dept rate, and this mortgage may then be foreclosed to satisfy the arm due on sit
<br />boad,aod any user bond for additional advances, together with all rnr paid by said The Equitable Budding and Loan Association of Grand Island,
<br />Nebraska fa insurance. taxes and assessavents, and abstracting extension charges, with interns thereon, from date of paymnnl at the raxingian
<br />few rate.
<br />As provided in the Bond secwW hereby, while this mortgage remains in effect the nwttpece may hereafter advance additional rau to the
<br />Makers of saW Bond, their assigns or successors in interest, which sumo shall be within the security of this mortgage the same as the fwfds originally
<br />asoaeeed thereby, ft to W amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />this 19th ray of August A. n., 1987.
<br />-liana aus -y- - -T
<br />srAn or mwwr.A. n. On this 19th day of August 1017 before M.
<br />CMWIY OF HALL
<br />the undersigned. a Notary Public in and fox said County, personally came
<br />Diana L. Claus, an unmarried person, who is pervoaly known to
<br />as to bon the Wagatical person whose Raw is affixed to the above instrument as mortgp;or and she severally
<br />adisawleftaill the and witignorm to be her tary act and deed. ")
<br />MTN MI mg hand and Notarial Said Ow date aftmcsaid.
<br />*hrtary Kibbe
<br />aYaaset tu !a MtbH
<br />Y► Rsata 4 Mw ?5. !
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