06-4
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<br />MORTGAGE LOAN W).L 24,448
<br />Ii ALL MENDN'TH SEPRESEN7S: TIM James Sit_ Uh and itilma Saki -h, each in his an d 'tier,
<br />DKr right and as spouse of each Other., Mongwr, whetber one or mote, in consideration of the Stmt of
<br />E.iE!ht ThousandFlue Hundred and ro/iO _-- - - - --- Dnt.LARS
<br />rowed to fund uwtppw b L% Site Equitable Building and Loan Assnaatma of (:rand island, Nebni:a. MortBalpe, upon F5 shares of stack of
<br />find ASSUCIAT11 N . C.ertifitstc No. 1 24 448 , do hereby Brant, innvey and mortpW unto the said ASSOCIATION the following
<br />descrAsed real esum, situated in lull Count%, Nebraska:
<br />I.ni Light 11 8) , in Block Fourteen (1 - ?. Roll ns Add;tion
<br />to the Oita- of Urand Island, Hall Cn=Ty, Nebraska.
<br />rupethet vtatt au the reneruents, bereditarrxnts and appurterta w- thereunto i elonp . ;ncitaiineg attached floor covernip. ail window serears,
<br />wand a , blinds. stortr windows. swttaigs hexane. mr conditxxring , and pturnbing arai water eatripment am armories thereto,pstvsps, stoves.
<br />reirip_ orators. other futures and equipment now or h"=fter attached io w user m annection with said teat estate.
<br />And sisercas the sail mortgagor has agreed and iris hereby agree that the mortgagoi &trail and wdl pay all taxes and is levied or
<br />assessed upon said premiss s and upon this mortp ;e and thc bond sectored !hrretav oeiart the same shall become delinquent: to furnish( approved
<br />insurance won the buddings xy said premises situated in the tams of S 8, ^00.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for seal insurance: and nor to commit or permit any waste on or about said pmrruses:
<br />In z3w of detind; in the performance of stns• of the terms and conditions of tilts mortgage or the bond secured Ixreby, the mortgepee saaB,
<br />orIdemand. be entitled to itatrrxdiate possesaior, of ttse mortgagee premtses and the nwrtcagor hereby assigns, transfers stied fits over to the
<br />is appee all the rents, revenues and income to be derived from the mortg p.ma premises during acct: tame as the mortal indebtedness shall restart
<br />ampaid: and the t¢tnrrtagee seal, haw the power acs appoint any agent or agent, it that desire to- the purpose of repairing said pttmnes aid renting
<br />the same and caatletmg tile rents, revenues anted Income• and it stay pay out of sa_:: income ail expenses of repairing said prey iws and necessary
<br />and xpenses an=rreti to renting- sail rttarngtg Ow same ants .� :�llectuir :.ntais dwrefrom: the balance retraining, if any. to be
<br />applied toward the discharge of sari mortgage indebtedness, these rigists o" the !rnxrgagee may ire exercised at any time during the existence of such
<br />default. amspecctm of anv tcmptnary warm, of the samr-
<br />Ttww Presents. kmmrvcr. air taxi; Ise Conditit1:.1-hat at Saxe szxi Mertgsgor hail !CfUY sand Icar, an or before the maturity of said shares iv-
<br />payment I pay montitit tr- said XSS6CIATION of the stunt spo feed to tare Ro=se; secured hereby as interest and pnnaipal on said Loan, on or before
<br />the Twentieth day o1 exctr arsd wen month, until said :ear. Ls fully paid: pav all taxes icwrf against said pramses and mt this Mortpte
<br />arad The Bond haggard treereby. before dehngtenc . f urrusir approved smarrance unlit the buddirms teerean m the sum of S fi, 500.00 payable
<br />to sad ASSOCIATION- repay to ,awi AL-SOCIA'hON upt)n iirmand all nitinei iit it pavi for such taus. assessments and insurance with interim at
<br />the ITUX4011M ll!p3 rate thereon from date of payneni aid o which Mortgapo saereby agrees to pay :permit m waste an said Premium; keep and imply
<br />Witt! 311 the alereem en i, ant! rA data m, of the &iatd for S F, 1 500.00 this day oven by the said Mortgagor to said ASSOCIATION, and comply
<br />with ail till- regunements of tike Crautttution and By -Laws of said kgSOCIATICYN, then (hear presents shall became hull skid void, otherwise they
<br />shall teman in full fotce aril may be icrechosed it crag option of tux said ASSOCIATION after (adhere for three months to (nuke nary of said
<br />Payments of be Imo: moriun' sax arrears to maktrig said monthly payments, an to keep anti comply with the agecnxttts and conditions of said lkmd:
<br />and Maxrtgagor agrees to have a recetves appouttod forthwith in such foreclosure pftxcxcdmp.
<br />If their is any chaoW in ownership of the real crate most Aped (emir_ by We of otherwise, then the entire remaining indebtedness hereby
<br />secured dull. if the option at The Equitable butidurg and inert Asocutiurt of Grand Island, Nebtadsa,become ®tedatefy due and payable without
<br />further notice. and the amount remaining due under said bond, and any other bond for any additxmal advances in&& thereunder, daft. from the
<br />date of exciew of said optlona bee Interest at the tnaximutm lepp! tats, and this rrxirtgage may then be foreclosed to satisfy the atmmat due on said
<br />bovid.and &ny other bond for additional advances, aoleether with all sots paid by said The Equitable Building and laaan Aii"tion of Grad Island.
<br />Nebraska for nsaran=. is", and asaessamnta, ;std abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />legal rue.
<br />As pttavWCd ir, the Ilsorw secured hereby - white tuts., mxsrtgagr renutns sn effect thr mortgec may hereafter advance additional sums to the
<br />waiters of said Btath:, their Assuan .x mucessots tu intrrest. whuit aortae: strap he within the security of this mortgage the same as the funds orguialiy
<br />fietam d thereby, the sots( ammmt of principal dehi not i,, excccai at any rime the ongrnal amount of this mortgage.
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