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86-- 104867
<br />MnRTGAGE
<br />MORTGAGE LOAN NO. L 24,615
<br />KNOW ALL MEN BY TIHF E PRESENTS: That Karen A. perry, a single person,
<br />Fifteen Thousand and no/100— Modgagm, whether one or more, in aotrai uratim of Cm cum of
<br />—DOLLARS
<br />loaned to said mongitgut by The Equitable Building and Loan Association of Grand Island.Nebrssiu, Mortlpgrx, upon 150 shoes of dock of
<br />said ASSOCIATION, Certificate No. L 24,615 , do hereby gram, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Nail County, Nebraska
<br />Lot Four (4), in Blcck'Thirty Nine (39), in !Russel
<br />+3heeler's Addition'to the City of Grand Island, Hall
<br />County, Nebraska.
<br />- together with all the tenements, hereditamenis and appurtenances thereunto belonging. irrcdtding attached floor coverings, all window screens,
<br />window shades. blinds, storm windows, awnings, heating, ad iY-mnditwtanrnp:, asd pfiimdring and water equipment and aecessovies thereto,pumps,Aoves,
<br />refr'gpenintx, and other fixtures and equtpmcni now €sr hereafter studied tat or used in coruiccaron with said real estiac-
<br />And whereas the said trnortgaggor has agreed and does hereby agree Met the mortga it shalf and will pay all taxes and amts levied or
<br />- ;aaesaed upon aid premises and upon this mortgage and the bond secured thereby before €ter saute shall become delinquent. to furnish approved
<br />. main vice upon the buildings on said premises situated in the sum of S 15 Q00.00 - payable to said ASSOCIATION - and to deliver- to said
<br />ASS(A'IATION the policies for sand msurrance: and not to commit or frrut any wags on or about said premises: _ In rase of default in the performance of any of the terms and imoditarm rif this nvxqW or the bond segued hereby, the nangagee shall,
<br />- on demand, he entitled to mirrediate possession of the mortgaged premises and the martNt" hereby- anisigns, tramfen and sets over to the .:-
<br />mortgagee all the rents, tevepuxs and income to be derived from the m rtpgapged premises durirgt such time as the mortgaige indebtedness Shall remain
<br />unpaid: and the rmorq;apgx shall haw the power to appoint any went of agents it tray desire for the p..rpose of repairing said premiss and renting -
<br />the sane and ouBectaig the rents, revenues and income, and it mew pay out of said iuconte all expenses of tepturirg said prertmea and necessary
<br />cotmramons and eapensm incurred in tentutg and numagaag the acne and of collect" rentals therefrom; the balance tensioning, if airy, to be
<br />applied toward the discharge of said mortgage indebtedness. these eights,r the mortgagee truy be exercised at any time during the existence ofsuct
<br />default, utespective of any temporary waiver ofibe amt. -
<br />Them Presents. ho ver- ate upon the Comdimie, That if the said Mortgagor shall repay sad loan on of before the maturity of said stares by -
<br />-- payment, r.y monthly to said ASSOCIATION of the sum specified in the Bind secured hereby as interest and prindpal on said -kuh, on or before
<br />the Twentieth day of each and every month, until said loan is fully paid; fay aL taus and atiaessments levied against said pit macti and on this Mortgage
<br />and the Band incured thereby. before delinquency, tutrush approved sa anot upon the buildings thereon in the sum of $ 15 , ()00.00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATItN upon demand &It r woey by it paid for such taxes. asseamertu and insurance with interest at
<br />the maximum legal rate thei e n from date of payment all of which Mc rtstipw hereby frees it) pay. permit no waste on said premises; keep and comply
<br />with all the agreemeuts and conditions of the Bond for S n, UUO. 00 ties dsy given by the said Mortgagor to said ASSOCIATION. and comply
<br />with all the requirements of the Conustttutxsn and By -haws of said ASSOCIATION; then these presents stall become null and void, otherwise they
<br />shall remain in full force and rmy be foreclosed at the caption of the said ASSOCIATION after £adure fat three months to make any of said
<br />.payments or be Three months to arrears in inakong said . uutthly payments, or to keep and comply with the agreements and conditions of said. Board;
<br />. and Mottgagor agrees to hove a rroeiver appointed forthwith in such forrclovure proueedmgs.
<br />If there is any change m ownership of the real estate morrtgaged herein, by sale or otherwise, then the entire reaanift indebtedness beseby
<br />secured shall, at the option of The Equitable Building and Loan Association of Grand tslarrtl,Nebraska, become ism ettiately due and payable without
<br />fat lun notice. and the amount remaining due under said bond, and any other bond for any additional advances made iberouvides, shaft, tiara the
<br />date of exercise of said option, hear interest at the maximum deW rate, arial this nutwtgapge may theta be foieclosed to satisfy the amount due on said
<br />bond, and any other bout for additional advances. together with all sums paid by said The EWutabk Budding and Loan Association of Gravid Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extrusion chugcs, with interest thereon, from !fate of payment at the maximum
<br />legal rate.
<br />As provided in the BonJ secured hereby, while this mnrrtgage remsains in effect the - mortgagee may hereafter advance additional sums to the
<br />nakers of said Bond, their assigns er suecegars in tnterest, which suns shall he within the security of this mortgage the same as the funds orippnany
<br />secured thereby, the total am.,unt of principal debt riot to exA:md at any tune the original amount of this mortgage e -
<br />sated this 27th day of August A. ly. 19 66
<br />STATIi FIN NEBRASKA. � mm on this 27th day of August 19 , before me,
<br />COUNTY Of 14Al l
<br />the tirtdersegned. a Notary Publh so and fut said County, personally came
<br />ttiis.TC:li 3ti. I :rr;y r 3 S1fY lt:a F.k: rt.>t'31i, who is personally known In
<br />me to be the identical pets�m v.f.,se manic IS affixed to the above i nsnumwtnt at mottgtagcrr and 5iit,` snsrahly
<br />arat+owladgrd the said rostra,—, t., ttr tilt r iluutary art and dead
<br />#4INI Sl, , hsrccl era,# : ,artal yeal the date adaneuUt
<br />aaearat lot
<br />Alitltlrt'*thatssflFaMtar4
<br />Jam" a�
<br />IIy &Mr lost Nor. 99 lf�
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