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<br />MORTGAGF
<br />y� MCWTGAGF.IAANNO. iii -871 F M
<br />KNOW ALL MEN BY THFSF PRtSFNIS: That Robert E. Oswald and Opal J. Oswald, each in his and
<br />her WA right and as spouse of each other, MorgW#or, whether are at strove, an caaioiem6m of the rem of
<br />Five Thousand Nine hundred Seventy Eight and 88 /100
<br />loaned to said raorgppur by Tbc i quitabic SuAding wW i.uap Amticivaon of Grand 1 stand, Nebraska. Mortpgee, up= bit std of asoct of
<br />said ASWAA'nM, Certificate No. LHI -823 FNA , do hereby grant, cthnvcy and martgspe unto the said ASSOCIAT1CNd the imilowfisW
<br />deaaBred real estate, shunted in Hall County, Nebraska:
<br />Lots Thirty-Ore (31) and Thirty -Two (32) , in Reutings
<br />Seoul Subdivision, being a part of the Southwest Quarter (SA)
<br />of Section Twenty -Four (24) , in Tranship Eleven (11) North,
<br />Range 'Teri (10) west of the Sixth P.M., Hall County, Nebraska.
<br />together with all the tenements, heredifarnentc and appurtenances thereunto heicrga.-.g. including attached floor coverings. all window screens,
<br />window shades, blinds, .yeoman windows, awnings. heating, au cxmditronirhg, and , humbug and water equipment and accesorim thereto, pumps, stoves,
<br />refrillierattxs, and (,they fixtures and equipment now or hereafter attached t(1 or used in connec :son with said real estate.
<br />And whereas the said mortgagor has agreed and does hcrebv agree that the mortgagor shall and will pay an taxes and agents levied or
<br />assessed upon said prenuses and upon this mortgage d
<br />and the bon secured therahy before the same shall become delinquent. to furnish approved
<br />insurance upon the buildings an said premises situated in the sum of 5 j ,978.88 payable to said ASSOCIAii6N and to deliver to said
<br />ASSOCIATION the policies felt said insurance: and nor to commit or firma anv waste on or about said premises;
<br />In arse of defauh in the perfortttance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee snail,
<br />tan demand, he entitled To murm fate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />n orippec all the rimu. revenues and income to he derived from the mortgaged premises during such trine as the mortgage indebtedness sham remain
<br />nmpwd; and the mortgagee shall have the power to appoint airy agent or agents it may desire for the purpose of repairing said premises and renting
<br />the same and collecting the rents, revenues and income, and it may nay oul of said mcorric ail expCnSe1 of repairing Said premises mid necessary
<br />cummismons and expenses recurred in renting and managing the sarne, and r,f caoflectmg rentals therefrom: the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebu:dnes. thew rights of the mortgagee may he exercised at any time daring the existence of such
<br />default. irrespective of any temporary waiver of the same.
<br />These Presents. however, are upon the Condition, That if the said Mortgagor shail reply said loan on or before the maturity of said shares by
<br />payment: pay mtmthly to said ASSOCIATION of the sum specified to the Bond secured hereto• as m *serest and principal tan said loan, on or before
<br />the Twentieth day cif each and every month. until said loan is fully paid: pay all taxes and assessments levied against said premises and on this Msrtgage
<br />and the bond !secured fherchy, before delinquency. 4. urnish approved insurance upon the buiiding_s thereon in the sum of S j 978.88 payable
<br />to said ASSOCIATION. repay to said ASSOCIATION upon demand all money by n hard for such taxes. assessments and irissurana with interest at
<br />the maximums legal rate thereon from bate of payment all of which Mongagor hereby agrees to pay: permit no waste on said pramises:keep and comply
<br />with all the agreements and conditions of the Bond ton t5r 97b.38 this day pwen by the said Mortgagor to said ASSOCIATION. and comply
<br />with all the requirements of the Constitution and 8y -Laws of said A-SSOCIATION': then these presents stall become null and void, otherwise they
<br />shall remain it, full tarot' and Wray be foreclosed at the option of the said ASSOCIA170N idler failure tar three months to make any of said
<br />payments on he three nwnths in arrests in nuking said monthly payments, or to keep and comply with the agreements and conditions of mid Bond,
<br />and Moatgtegtrr agrees to have a receiver appointed forthwith in such futerhosuse proceedings
<br />If there is any chwW in ownership of the real estate mortgaged herein, by sak or otherwise, then the entire remaining indebtedness hereby.
<br />acured shall, at the a ptam of The f:qu itshk Building and I.oan Association of Grand Island, Nebraska, become immediately dote and pay" without
<br />further notice, and the annum remaining due under said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />date of exeicue, of said option, bear interest at the rrarsrimum legate rate, and this mortgage may then he foreclosed to satisfy the amount dote tat said
<br />bur d,atd any tither bored for additional advances, together with all sutras paid by said The Equitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and annarrerts, and abstracting cxtenskin charges, with interest thereon. prom date of payment at the maximum
<br />iclial rate.
<br />As provided in the Bond secured hereby, while this mortgage remains m effect the mortgagee may hereafter advance additional sums to the
<br />nz&Lras of sits bond, their assigns, or successors in interest. which sums shall he within the securov W This mori.W the wane as the funds originally
<br />w.turd thereby, the total amount of principal debt nos it, exceed at any time the original anwunl of this mortgage
<br />�as�trshia 7th y.y :,,i January A n 1 86
<br />S1 ATV (*fki.flRJ1.5KA, as. "lss:ins 17th Say ;,t uESIl.82� :v before rte.
<br />CCXJ%n Of flAl.l.
<br />he imders red, u �t to Plihiht w and for said f'ountt'. lhcrwsnaily carne
<br />rx 6T !ht slrnrnati cex r.. w,e.0 iwnrt 15 % six €•tl t,• tit arssvvsetptriadx ,' e, ;riirritgk. :, err :f{ l' mrvrtaiiy
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