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87- 104965
<br />MMTGAGE
<br />MORTGAGE. LOAN NO.
<br />KW& ALL MEN BY THESE PRFSFNTS:That VIRGINIA IRVINE, AN UNMARRIED PERSON
<br />MortWor, whether one or mom, in consideraUsin of the on of
<br />EIGHT THOUSAND FOUR HUNDREDAW_NQ jQQ. -------------------------------------------- VOUAM
<br />lamed to mid mortgagor by The Equitable Budding and Lrran Association of Grand Island,Nabrasks,MortPlIce, upon 84 ahem o'tdmdt of
<br />a W ASSOCIATION, Certifrtwte No. L 24,882 , do hereby grant, convey and mortgage &unto the mM ASSOCIATION the foillowbt6
<br />deaad+od real estate, situated in Hall County, Nebraska:
<br />LOT FIVE (5), IN BLOCK SEVEN (7), ORIGINAL TOWN NOW CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />topletier with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window acre,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumpa,ssoves,
<br />refrigerators, and other futures and equipment now or hereafter attacked to of used in connection with said real estate.
<br />And wheteas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied of
<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 S 8 , 400.00 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 perfornurtce of any of the terms and conditions of this mortgage or the bond smiled 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 ad the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness sell remain
<br />unpaid. and the mortgagee cull have the power to appoint any agent or agents it may desire for the purpose of repaki g said premises soill renter
<br />the same and collectirill; the rents, revenues and "income, and it may pay out of said income all expenses of repairing said premises and nay
<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 mortgage mdcbtedness; these rights of the mortgagee tiny be exercised at any time during the existence of such
<br />defauk, irrespective of any temporary waiver of the saner.
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said Aura by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the [kind secured hereby as interest and principal on said Ion, on or before
<br />the Twentieth day of each and every month, until said Ion 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 s8 v 400 .00 payable
<br />to mid 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 prermises;keep and comply
<br />with all the agreements and conditions of the Bond for S 8 14 00. 00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By -I-aws of said ASSOCIATION; then these presents sad become null and void, otherwise they
<br />shay 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 />paym nts 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 />a d Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If then is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />oxased shad, at the option of The Equitable Budding and Loan Association of Grand Island, Nebraska, become immediately die and payable without
<br />further mice, and the amount remaining due under said bond, and any otter bond for any additional advances made therettnder, salt, from the
<br />date of exercise of sad option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />bovid,ad any other bond for additional advances, together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br />Nelarsita for insurance. taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />Begs rate.
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional suns to the
<br />makers of said Bond, they aSiBR3 or succeanxs in interest, which sums cull 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 0*1 20th day itf August A. D., 19 87
<br />i
<br />Z"1'1t1)) v I -
<br />STATE OF NEBRASKA, } s. On this 20th day of August 19 8 7 , before ins,
<br />COUNTY OF HALL )
<br />the umdertgted, a Notary Public in and for said County, personally came
<br />VIRGINIA IRVINE, AN UNMARRIED PERSON
<br />who IS
<br />ma to be for tieal person whirs tarns IS affixed to the above insuurryrntssµttcxv ur
<br />acknowledged the a4d morummi to be HER voluntary act and deed. /J
<br />WITNF3S my himd and Notarial Seal the date aforesaid.
<br />Mycoomnammexpoes
<br />mneaa al 1i
<br />personally known to
<br />and SHE severally
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