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103M
<br />ORTGA
<br />MORTGAGE LOAN NO. I. ,dada; - - --
<br />104 AILL MEN BY PIESC PRESiN'f3. Thu Robert A. Seely and Jean E. Seely, each in his 7lld
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<br />11B>r t 3f1d a>z t3p01 of each other, Mortgagor, wheth" outs or more, in consideration of the am of
<br />- DOLL1Rs
<br />iaaaed to:lariid Morfygor by The Egwftbk BrBdiog aid. Legit Aaaociatioa of Grand Island, Nebraska. Mortgagee. upon 300 slum of stock of
<br />said ASSMATION', Certificate No. L 24,535 do hereby
<br />described tea[ estate, situated is Ball County, giant, convey and nrsrtpgt unto the said ASSOCIATION the foyowimg
<br />aunty, Ncbtaskr:
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<br />The West Seventy Three and Twenty Eight Hunriredths (73.28)
<br />' Feet of Lot Six (6), in Court House Addition to the
<br />City of Grand Zslarld, Hall County, Nebraska.
<br />UVpther with all the tenements. hetedntaments and appurienanas thereunto belonging, tududutg attsdted floor uotennS, all window screens,
<br />wnrdow dudes, blinds, storm windows, swri mgs, hearing, air conditioning, and plumbing and water equipment and acccuorias thereto, pumps, stoves,
<br />ttfrigetators, and other fixturts and equipment now or hereafter attacked to or toed in cdmneclion with said real estate.
<br />And whereas the sad mortgagor has agreed and does hereby agree that the mortgagor shall and wig pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and the bond seemed thereby before the erne shall become delinquent-. to furnish approved
<br />insurance upon the buddarip an said premrxs situated fn the sum of S 30 000.00 payable to said ASSOCIATION and to deliver to aid
<br />ASSOCIATION the pudicyes for rind insun innEv, and not to commit or petmri any waste on or about said premises:
<br />In rare of default in the performance of any Of Ufa terms and amditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate poaemao of the trwrtgarged prentim and the mortgagor hereby ssbps, transfen and sets over to the
<br />reottgagtx all the rents, revenues and inaarete to be derived frMn ttv tmxtgsged prenwsas dutittg such tune as the mortgage mdebttdmaess shia11 rctttase
<br />unpaid; and the mortgagee droll have the power to appoint any agent or writs a invy desue for the purpose of repatring said premises gad renting
<br />the same and colkcting the rents, reveintes and income, and it may pay out of rid mcurvc all expenses of rtpattiog said premises and necessary
<br />commissions and expenses incurred in tenting and managing the sarrte and of collecting rentals therefrom, the balance re
<br />applied toward the discharge of said mrxtptge mdebteduess. these rights of the assort remaining, ex tf any, to be
<br />deiatilt,' irrespective of an ter may exercised at any time during the existence of such
<br />ttrespec y temporary waiver of the akin
<br />These Presents, hnwcser, are two the Condition. That if the said Mortgagor shall repay said loan on or before the maturity of raid shares by
<br />payment: pay monthly to said AS M IATION or Elm sum specified in the ilrrrrJ secured hereby as interest and principal on said loan, on of before
<br />the Twentieth day of each and every month. until card Loan is fitly pail; pay all laces and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, before delinquent'. urnidt approved insurance rrpm the buildings thereon in the sum of $ 30, 000. 00 payable
<br />to said ASSOCIATION. repay to said ASSOCIATION upon demand all m ory by at paid for such tastes, assessments and iraunnee with interest at
<br />the maximum legal rate thereon from date of payment all of whwb Mortgagor hereby agrees to pay: permit no waste on said premises; keep and comply
<br />with all the ageemenu and CYamlitiOna of the Brarxl for $30 000.00 this day given by the said Mor ASSOCIATION. gnpr to aid ASSOCIATN, and comply
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<br />with all the requirements of the Co ititutnsn and By-I.aws A said ASSOCIAT I Nt: then these presents shall become oull and void, otherwise they
<br />shall remain in full force and may be foreclosed at the option of the ail! AJ' MIATiON after failure for throe months to stake any of said
<br />payments or be three months in arrears m nuking sari munthhy payments, or to keep and comply with the Agreements and conditions of aid Bond;
<br />gad Modgajus agrees to have a rcmver appointed forthwith in such foreclosure proceedings.
<br />If there it any change in ownership of the real estate tuoftgWd tsctem, by ak or otherwise, then the entire remaining indebtedness hereby
<br />weaned shall, at the option of The FAA table Bulldiog and Loan Assucistxm of Grand Wand, Nebraska, become immediately due and payable without
<br />farthim Notice, Mad the amorant remaining dtw under said bond. and any other bond frx any additional advances made thereunder, shall, from the
<br />date of exrtCie of said opWn, ben interest at the maxtmum legal rate, and this mortgage may then be foreclosed to satisfy the amount *due an said
<br />bond aid any other bond for additional advaruxa_ together with all aura paid by said The Equitable Building and Loan Association of Grand Isltmd,
<br />Nebsa3rt %r insurance, taxes and aWSSments, am abstracting exteni{on charges, with interest thereon, from date of payment at the maximum
<br />Opt rate.
<br />As C in the Bond secured hereby, while this mortgage reatams to effect the mortgsgee many hereafter advance additional sums to the
<br />makers o said Bond, their assigns or sucm atirs in Interest, which sums shall be with"' the security of ttus imortgage the same as the funds originally
<br />secured thereby, the total amount of prwLapal debt rat to esoeed at any time the original amount of this mortgage.
<br />Dated the 26th day of June A 1f 19 66
<br />?
<br />Seely-
<br />Jean -E. Seely-�
<br />STATE OF NEBRASKA. � see On this 26th day of June t 9 86 befure one,
<br />COUNTY OF HALL
<br />the urtderitgraed, a Notary Pubirr un and for aid County. persutathy came
<br />Rdwrt A. Seely and Jean E. Seely, each in his and trar arm right aa� cls9PW%a" im to
<br />Other, �--%/
<br />gar to be the wlenticat pe um S -how nsaw• S are affixed to elrr above anstru 1 as nxxtgagor S and they severally
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<br />lot* their wtNmntary act and daetL i 77)
<br />WITNM toy Metal aml Notaral Seel ihr date atoresard
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