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JYfORTC:At:F, 86"'r 102881
<br />MORTGAGE. LOAN 40
<br />KNOW ALL MEN BY TIfFSl PRU -SEMIS Put Elizabeth A. Ayer, a single person,
<br />V
<br />Eight Thousand Eight Hundred and no /100-- - - Mortgagor, whether one or more, in consideration of the sum of
<br />- - -- - -- - - -- --------- --- ---
<br />kanted to said morippm by The FAtrit" Budding Arid Loan Association of Grand Island, Nebraska. Mortgagee, upon 88 slues of stock of
<br />raid ASSOCIATION, Certificate No L 24,504 , dr. hereby grant, c ;nvey and irxmgage unto the said ASSSOCIATION the following
<br />dnrcribed read estate, situated in Ilali County. Nebraska:
<br />Lot Six (6) , in Block Five (5) ; in the
<br />Third Addition to the Village of Cairo,
<br />Hall County, '4--braska.
<br />together with all [he tenements, hemditamen[s and appurtenances th:ocunto hekfogrttg, including attached floor coverings, all window screens,
<br />window shades, hiirids, storm windows, awnings„ heAting, art conditioning, and plwnbingr and water equipment and accessrvs thereto, pumps, stoves,
<br />refrigerators, and other futures atul equiprrtcrm rxrw dv hrreaftct at JCh d u+ or rued iii co air ection with said real estate.
<br />And whereas the said trnot[gagrr has aRn ed and dims f }cteby zlfrcr that the r :rortkagoo Qiali and will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mart. are and the Nn :,i therehv ;,ei;,rr fir( same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said piemnws situated in the Snnr of 5. 6, 800.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance. and trot to +orafnit tr paints Any 'A'Asle .m of stout said premises:
<br />In cue of default in the perfornance of any [d the trims and corsahtios of thn mortgage Or the build secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate ptxscsa"oo or the nxKtpawd premiss an4 the nttxtpfA of hereby assigns, transfers and sets over to the
<br />mortg♦Sec all the rents. revenues avid mxYrne to be derived (torn the numtgaged pfemucs during wch utte as the mortgage irdebtedtataashall remain
<br />unpaid; and the mortgagor shill have the power it) appoint any agent or agents et may desire lot the purpose of repairing said premises and renting
<br />the same And collectift the rents, revenues anti income, and it may pay out +af sail income all expenses of repairing said premises and necessary
<br />conmarsodms and expenses intuited in renting Arid rranaptout the %pane aril +,f i:oilecting rentals therefrom: the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage rndebledtieu, tfeew f wg),ils tat the trrdrtrA"e ntay he exercised at any firm durirg the existence of such
<br />default, irrespective of any temporary waiver of the same.
<br />These Presents, howevri, arc upon the Oindition, I tit it the card Mc. tyagoo shait repay urd loan on or before file maturity of said shares by
<br />payment, pay monthly w said AS,SO( I ATION o l :Jac tarn specified in thr liond u cured tetchy as interest and principal on said ban, on or before
<br />the Twentieth day of each and every ttxantb, until tafd largo rs fully paid: guy all taxis and assewtenis levied against slid premises and on this Mortgage
<br />and the &rd vecured theteby, before dclinquoCcc), turnish aripratvetl ursueance upon rite puddings theteun to the sum of $6, 800.00 payable
<br />to said A35(X:IA'fION: repay to said ASVX'lA -1 ION upon aenand Al niorley by it paid lot wets taxes, assessments and insurance with interest at
<br />the maximum lcpl fate thelcon trrtm date of patine- all 01 which Murtragan hterrl,y Wrces to payi permit fK, wasteonsaid premises;keep and comply
<br />with all the agreemvents and amditiuns oaf the found for x6, WU.DU this day p.iven by the said Mortgagor to said ASSOCIATION. and cornpfy
<br />with AN the requrtentents of the Ctuistitutiom and BY-1 aws of sad AS:SO(:IA rfo,N. i hen these presents shall become null and void, otherwise they
<br />"K certain in fall toucr and nay be honer fkLnsed it the optaom of the said ASSOCIATION after failure for three months to mace any of said
<br />payments or be three months in arrears tit nakin g said monthly payments, +x to keep and comply with the agreements and amd;iwas of said Bard;
<br />and Mortgagor agrees to have a m4xivei appointed lotthwoth in Audi fin et sure proceedings.
<br />If there is any chmW in tnvnerssip of the real estate nurtgagged herein, by side or otherwise, then the entire retlainig indebtedness hereby
<br />aactaed shall, at the o ptirre of The Equitable Building and Loan Astax atrom of (;rand Island, Nebradta,become immediately due and payable without
<br />fouler notice, and the amount renaming dire under said bond. and any other bond for any additional advances made thereunder, stall, fora the
<br />date of exerere rd said (drum. hear interest at the maximum legal rate, and this ntoreprgc may then be foreclosed to satisfy the amount due on said
<br />bond,Md any other bond for additional Advanox-s, t itethrr with all sums paid by said The Fquitable Builditg sod Levan Association of Grated Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension changes, with interest theft rt, from date of payment at the maximum
<br />140 arc-
<br />As provided tot the Ikrd wcured hereby, whole the$ to rt9W renains rot effect the rrurtgagee may heieafter advance additional sums to the
<br />manors of sad Bond, them Assigns or cuuesstns tat mtere$r, which wins shall be within the vecunty of this mortgage the same as the funds originally
<br />secured thereby, the 10441 amount of principal debt not to exceed at any tittle file original amount of this mortgage.
<br />Dated this 30th day of hay A n.. I'? 86
<br />_.._r
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<br />STATt' OF NEWASKA.
<br />s. (ks rhia ?i)t!i day of visa 1) 86 , before ntc.
<br />Ct)ti*C'fY fN' 11At.1.
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<br />use to be the 4rarical Persian *bane rani 1.5 Atfoird io the at,11W, msU.tnegt s nn >rt,I,11@;t;r and 5)1, severally
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