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--7 .04801
<br />MORTGAGE
<br />MORTGAGE LO AN NO. L 24,611
<br />KNOW ALL MEN BY TfiESEPRFSENTS: That Mayne E. Foster and Judy L. Foster, each in his and her
<br />own right and as spouse of each other, Mortgagor, whether one or move, in comideraldion of the stem of
<br />Twenty Orin Thntrgand and no /1- tlfl.. - — ,-- • +-47i3LIAR5
<br />knitted torrid mortgagor by The Equitable Building and Loan Association of t:ratdlsiand. Nebraatea_ Mortgagee,apon: 210 abates of stork of
<br />itaid ASSOCIATION, Certificate No. L 24 611 do Eby past, convey and mongw tmto the said ASSOCIA 11ON The fountains
<br />described real instate, situated m Hall County. Nebraska:
<br />Parcel 1: Fractional Lot Seven (7), in Fractional Block Twenty (20), in
<br />3akerns Addition and its Complement, to-- wit: Fractional Loo Seven
<br />(7), in Fractional Block Thirteen (13), inAsbton Place, both being
<br />Addition to the City of Grand island, :call County, Nebraska.
<br />arcel 2: The Northerly Forty Fott_r (44) Feet of Lot Six (6), in Block
<br />Twenty (20), in Baker's Addition to the City of Grand Island,
<br />;;all County, Nebraska,
<br />together with all the tenements, hereditaments and .appurtenances thereunto betongutg. including attached floor coverings, Alf window screems,
<br />.: window- shades, blinds, storm windows, awnings, heating, air votir itionirtp.,and pfumbing and water equipment and accessories thereto, pumps, stover,
<br />refrigerators, and other fixtures and equipment raw or hereafter attached to ter used in txcmne ctmrr with said real estate,
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shad and will pay all taxes and assessments levied or
<br />as rased upon saut premises and apron this mortgage and the band sutured thereby before the same shall become delinquent: to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S ,^- _1,,C3(;., ai; payable To said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insuranux: alai star to txxuttut ire pennon any wage sat Or about said praiuses:,
<br />b _ 1 is case of default in the performance of atty of the terms and conditions of this mortlage or the bond secured hereby, the mort�ee shah, .
<br />on demand, be entitled to immediate possession of the mortgaged prenroes arid. the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged prnrmses during such time as the mortgage indebtedness shall itu am
<br />unpaid: and the mortgagee shall have the pewee to appcnnt any agesat in agents it tiny desire fm the purpose of repairing saw! psensi= rod renting
<br />the sure and collect ing the rents, rewoucs and income, and it may payout of said income all expanses of repairary said premises and necessary
<br />commissions and expenses incurred in rentin g sad managitt¢ the same and Of oullecting rentals sberefrom= the bade :seassir:btg if any, to be
<br />applied toward the discharge of said mortgage indebtedness: !here rights od the rnoorrgateeit may be exeseaaed at arty tune dta ir}g Sort exissemee rd sttct{
<br />default, irrespective of any temporary waiver of the same.
<br />... These presents. however, are upon the Fonditarn. That if the said,Morigagriz. .shalr relay said itsar o;. or before the maturity of sail.- shares by
<br />_ payment; pay rrumthfy to said ASSOCIATION of the sum specified in the Borul secured iexeby as interest and principal on said low, on or before
<br />Ilic Twertieth day of each and every month, units said loan a futh paid: pay all taxes and amosstuerairlevied against said premises sadrmthis MoritgW
<br />and the Bond secured thereby, befwe del,uulucn.-y. iivmrth.apptoved insurance upon 'thrb dingo thereon in the surd-of S 21 i L6t t. t�Q payable
<br />to said ASSOCIATION: repay to said ASSOCIATION .upon demand iii money by m paid for such taxes. assessments and irtamance widlt:mieaea[ at
<br />the maximum legal sate thereon from date of payrserst all o€ whidi A leaeby agieec tit pgy; permit rid vraste, on said preen owkeep and comply
<br />with all the agreements and ct mditions of the Bond for S 21, 000.00 this day given try the said Mortgagor to said ASSOMAIX?N. and comply
<br />with all the requirements of the Constitution and By -Laws ofsaid AS.SOCIATt0h, then these presents shall became null and void; otherwise they
<br />shall remain in full farce and may be foreclosed at she option of the said ASSOCIATION' after facture for hurt nnonths to make any of said,
<br />.payments of be three month., in arrears in making said monthly payments, of to keep and comply with the agreements and conditions of said Goad;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure puns ecxlings. If there is any change in ownership of the real estate mortgage=d herein, by sale or otherwise. then the entire remaining irtdebtedrra hereby
<br />- witted shall, at the option of The Equitable Building and i.ctan Association of Grant imariedastaky due and payable without.. -
<br />further notux, and the amount remaining duc nudes said bond, and silly other bond for any additional advances in && thereunder, dark Prow the
<br />- date of exercise of said Option, bear interest at the maximum legal rate. and this mortgage may then be foreclosed to satisfy the ani.oum doe an said
<br />bond, and any other bond for additions] advances, tether with all rums paid by said The Equitable Bullring and Losm Association of Grand Island,
<br />!Nebraska for insurance, taxc, and assessments, and abaractmgttctension charges, with interest thereon, fermi date of payment at the maximum - -
<br />legal tare.
<br />As provided in the &>rnd secured tiereby, while this mortgage rcraauns in ettoet the amrtgagae nay hereafter advance additional scans to tire .
<br />stalkers of said Bond, their assigns or sti c sso s m .merest which sums snail be within the security of this mortgage the sam as the fun& Molly
<br />sernred thereby, the tvtal w-iunt of prsrtcipal delis nut to Caoftd at any rinse the rarrgond amours Of this mortgage. -
<br />Dst* this 22nd da. 01 August a. D., 19 Boy
<br />STA f Of- INkBRASKA, t; fin skits 22nd day of r'1utquat Ina 6L. - betcue ire.
<br />COUNTY OF I IALL .
<br />_ tht urnEctsigned, a Notairy public: us and for ra,d t'ou mot paraxnaflyaame
<br />.� Wayne L. F',z, -ter a[,i! Judy .v_ �.x ?, c?C', r,...ia.h iL tl ,r,'i. axis: ,ter -,)w -" .'i6ht. itit3 .i`r
<br />Ssttir;r, ` your vet � "" S,nf�trn its
<br />rise it, he the identical per i,. > w tr we Horror i are of med to the about mstt'urnent a' nsortgagor: and i � .. - acverstay
<br />acAlsolkwitied tine xatrl a, t ;,.purr ;t t" br . "-:ir roltaltary iwt Arid deed
<br />Wi't 1 -,44 :nr ivasw sera ti „ta'r't 4eAt rte dale Af"Ie%aui-
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<br />W* err +IInM MtlaMarM ` ">✓t +'ter+ f`ut�t,a,
<br />Xt�1 t[ B, ROUSH
<br />Mt Omar 6th lov Ilk, I”
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