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<br />86--- 3052711
<br />MORTGAGE _
<br />MORTGAGE LOAN NO_ !_24.631
<br />KNOW ALL MEN BY THESE PRESENTS: That Joseph M. Scripter and Thelma M. Scripter, each in his
<br />and her own right and as spouse of each other, Mortgagor, whetbertmeor mom, incoaddnrtiou of the sums o€ ~!
<br />Ten Thousand_ Five Hundred and no /1017----------- -__--------------
<br />batted to said mortgagor by The Equitable Budding and Loan Association of Gram! Island, Nebraska; Mortgagor, upon 105 shaves of atock of
<br />said ASSOCIATION, Certificate No. L 24,631 do hereby giant, convey and mortgage unto the said ASSOCIATION the foBtrwnag
<br />described real estate, situated in Hall County, Nebraskan
<br />Lots Thirteen (13) and Fourteen (14), in Block Three {3 -;
<br />of Boggs & Hill's Addition to the City of Grand Island, Hall
<br />County, Nebraska.
<br />together with all the tenements, hereditarnents and appurtenances thereunto belonging, including attached floor coverings, all window screens, -
<br />window shades, blinds, storm windows, awnings, heating, air oonditionin& and plumbing and water equipment and accessories thereto, pumps,stovesi - -
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection, with said real estate. -
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all tam and assessments levied or _
<br />assessed upon said premises and upon this mortgage and the bond seated thereby before the saute shall become delinquent_ to furnish approved
<br />insurance upon the buildings on said premises attested in the stmt of S 10 500.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or p"I arty waste on or about said premises;
<br />In rase of default in the performance of any of the teems and conditions of this mortgage or the bond secured hereby, the mortgagee shall.
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and income to be derived from the torxtgaged premises during search time as the mortpW isadebtedrca Shan remain.. -
<br />unpaid: and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of tepaiing said premiss and renting the same and collecting the rents, revenues and incorne. and it may pay out said income all expenses of repairing said premises and necessary -
<br />�commiaioos and expenses incurred in renting and iirantagitig the same and of collecting rentals therefrom; the baiamx rtmsmirA& if any, to be
<br />applied toward the discharge of said ntnrrtpagc indebtedness; these rights of the mortgage may be exercised at any time dining the cisissimm of such
<br />default, irrespective of any temporary waiver of the satire.
<br />These Presents, however, are upon the Condition. That if the said Mortgagor s`—" repay said loan on or before the mater y r- said s Mars.. by
<br />_payment; pay monthly to said ASSOCIATION of the sum specified in the Boma secured hereby as interest and principal on said loan, on or before - -
<br />- _ the Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied against said premiss and an this Mortgage
<br />and the Bond secured thereby, before delinquency. furnish approved insurance upon the buildings th ere s in the sum of S 10, 500.00 payable - to said ASSOCIATION: repay to said ASSOCIATION upon demand all .nxoney by it paid for such i axes, assessments and insum roee with interest at
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on.said pxei ises;keep and comPl9
<br />with all the agreements and conditions of the Bond fox S 10, 500.00 "day given by the said Mortgagor to said ASSOCIATION, tad comply
<br />with all the requirements of the Constitution and By -paws of said ASSOCIATION; then these presents shag become mill and void, otherwise they
<br />shall rennin in full force and may be foreclosed at the option of the said ASSOCIATION after faihae for three months to make any of said
<br />payments or be three months in arrears in making said monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure prooeedings.
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, they the entire remaining indebtednes berebg
<br />secured shall, at the option of The F_cptntabk Building and Loan Association of Grand Island, Nebraska,beccme immediately due and pryabie without -
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional advances made thtretmder, AMIL ftom the _ -
<br />date of exercise of said option, bear interest at the maxirttum legal rate, and this Aumtgage may then be foreclosed to satisfy the amount due an said
<br />bored, and any other bond for additional advances, together with all suan paid by said The Equitable Building and l am Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension.charges. with interest thereon, from date of payment at the mom
<br />legal rate.
<br />As provided in the Bond secured hereby, while this rnrrtgage remains it effect the mortgagee may hereafter advance addkinml arms to the
<br />makers of said Bond, their assigns or successors in interest, which sums shall be within the security of this mortgage the same as the farads originally
<br />- secured thereby, the total arnount of principal debt mat to exceed at any time the original amount of this mongage.
<br />Dated timfi tn pp 'day of September A n_, 19 86
<br />Thelma M. scrijp er
<br />STATE OE NEBRASKA,1 ss. On this 16th day of September 19 86 , before me.
<br />COUNTY OF HALL_
<br />" the undersigned, a Notary Public in and for said County, personally ante
<br />Joseph M. Scripter and Thelma Ei. Scripter, each in his and her ot�tr r at an txp as ys ousea
<br />of each other,
<br />me to be the identical person 9 whose nano s are affixed lathe above insttu rent as mortgagor s and —hey sevenily
<br />acknowledged the said instrument to be trteit' vohmtary act and deed.
<br />WITN{-SS my hand and No;drial Soil the date aforesaid,
<br />G I N I oat NGT �Taar -ss nNr.�xsta
<br />All THOMA'.i F. KIHMAN, !I Naar y Public
<br />�`- .::+:'i'`w fir Crrsrn. Ira.. « ^[. 1i. i4oi
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