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<br />TCrAGF
<br />MORTGAGE LOAN NO. L 24 a 934
<br />KNOW All MVNBY THEM PR15FNTS:That Denise G. Archer, an unmarried person,
<br />Modgatior, whether ore ne m o of
<br />_ Eleven_ Thousand Five Hundred and no /100 - �- _- ___- __- ..__,. -_ _. -___ _ -a- F _mf
<br />to by The Fquitable building ' and IAan Association of (;mn4 Island. Nebraska, Mort 115 s of sloa of
<br />sakl ATHOI. Certificate No. t, 24,934 do hereby grant, convey and murtgaige unto the Old ASSOCIATION IATION tow fogowliag
<br />MA tailate. situated in liall County. Nebea a:
<br />The West Half (A) of Lot Seven (7) and the West Six Tenths (O.b) feet of the North
<br />Nineteen and Seventy Five Hundredths (19.75) Feet of the East Half (E�) of Lot Seven (7),
<br />Block Eight (H), Original Town of Grand Island, Hall County, Nebraska.
<br />together with aB the tenements, hereditanents and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />wistdow shades, blinds, storm windows, awnings. heating, air conditioning,and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and offer fixtures and equipment now of hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />assessed upon sad premiss and upon this inorlptle and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />summum upon the blukhrip on said pcmncs situated in the sum of 5 I I , 500.00 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 premiss;
<br />In can of default in the performance of any of the terms and conditions of this mortgage or the bond sectored hereby, the mortswe attain,
<br />of demand, be entitled to immediate pinnession of the rraorhgaged premises and the mortgagor hereby assigns, trandbrs and sets over to the
<br />mortgalive all the rents, revenues and income to be derived from the moftpagcd premises during such time as the mortgage indebtedrew dull remain
<br />varltidd; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and muting
<br />the awn and collecting the rents, reveetuts and moo e, sAd it "MY pay out of said income all expenses of repaiiin said premises and necessary
<br />commissions; and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance re if any, to be
<br />=toward the discharge of said mart indebtedness; these rights of the mortgagee may be exercised at any time d the existence of latch
<br />irrespective of any tenstiorary waiver of the Sarre.
<br />These Presents, howeves, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said dares by
<br />payment; pay monthly to saes ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said khan, on or before
<br />the Twomtieth day of each and every twinth, until said Juan is fully paid; pay all taxes and aawssm nts 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 $ I 1 , 500.00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance with interest at
<br />the maximum, lop] rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on said prernises;keep and comply
<br />with all the allmments and con ditums of the leond for S h 1 , 500.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By -taws of said ASSOCIATION; then them presents shall begone null and rod, otherwise they
<br />daill remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to nuke any of said
<br />payments or be three months in arrears in shaking sane nwnthly payments, or to keep and comply with the greenents and conditions of said Bond;
<br />and Mortinguir agrees to have a receiver appointed forthwith in such forecknum proceedittgt.
<br />If there is any change in ownership of the real estate mwtppd herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />seemed duall. at the option of The Equitable Building and Lcun Association of Grand Island, Nebra lla,hecwue immediately doe and pay" without
<br />f "ice. and the amousit remaining due under said bond, and any other bond for any additional advances made Hereunder, small, from the
<br />daft of exacise of arid option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to satisfy the amount due on tad
<br />bond, and any other bond for additional advantxs, together with all sums pairs by said The Equitable Building and Loan Association of Grated Island,
<br />Nebmaks for insurance, taxes and nth, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />ftad rate.
<br />As a the Bored secured hereby, while this mortgage remains in effect the trnrt ee may hereafter advance additional sums to the
<br />, their assigns or successors in interest, which sums shall be within the security of this mortgage the same as the funds originally
<br />SWANW thereby, the total amount of principal debt not to exceed at any tierce the original amount of this mortgage.
<br />now 30th tray of October A. D., 19 8 7 .
<br />�enlse"
<br />c�h�r
<br />$TATIR OF NUMASKA.
<br />C JNTY C MIA. se. (hr this 30th day of October 19 S 1 . before me,
<br />Denise D. Archer, an unmarried person the undersigned, a Notary Public in and for said County, personally caress
<br />who i 5 personally known to
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