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B6- 10571m
<br />MORTGAGE LOAN NO. L 24 A59
<br />KNOW ALL MEN aY THESE PRESEN73: That Rodney D. Hooker and Patricia M. Hooker, each in his
<br />and her own right and as spouse of each other, mor4 ur, whatha one or more, in cmidan aw of o ern of
<br />Forty Thousand and no /100--- ----- --- - -- - --0[1�►RS
<br />scatted fo sshd mortgagor by The Fxpw ble Bmlb* ad Lam Assoc uum of GFand Island, Ndxmka, Monpw, upon 400 ihasrof illock•of
<br />slid ASSOCIATION, Ca fseate No. L24,659 ,oho hereby grant, cone' and mortgage alto tie said ASSOCIATION fie f dssa L
<br />deaatlied sal estate, shwsted in Hag Cosaty, Nebrsria:
<br />The East Half of the North Half of the West Half of the Northeast
<br />quarter (EJ NJWJ NE ;) of Section Ter, (10), Township Eleven (11 )
<br />North, Range Ten (10) West of the Sixth P.M., in Hall County,
<br />Nebraska.
<br />together with all the tenements, bereditan writs and appurtenances therrunto belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storm windows. awnings, hating. air conditioing,and plumbing and water equipment and accessories thereto.pumps, stores,
<br />refrigeraton.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 taxes and assessments levied or
<br />assessed upon and premiss and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 40t000.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said imuranee; and not to commix or permit any waste on at about said premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgage of the bond secured hereby, the mortgagee shall.
<br />an demand, be entitled to immediate possession of the mortgaged promises and the mahgsgur hereby amalgam, tramfen and sets ova to the
<br />nor rippe, all the roots, revenges and mcome to be derived from the mortgaged premises during such time as the mortgage ®debtednsasshall remain
<br />htapsid; and the mortgagee shall have the power to appoun any agent or agents it any desire for the purpose of repairing said pmrmins and resting
<br />the same and collecting the reins, revenues and Jamb e, and it say pay out of said income all expenses of repairing said premises sod necessary
<br />comhmiaaa and expenses incurred in renting and managing the sync and of collecting rentals therefrom; the balance remmiog, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time during the exiOnnce of such
<br />default, irrespective of any temporary waiver of the amr.
<br />These presents, however, arc upon the Condition. That if the said Mortgagor stall repay said loan on or before the maturity of said sines by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and every month, until sand loan is fully paid; pay all taxes and assessments levied against said premises aml on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved assistance upon the builumgs thereon in the stns of S 40, 000.00 payable
<br />to said ASSOCIATION: repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments asd inweaoa with interest at
<br />the maximum kgat rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste On said pre keep and comply
<br />with an the agsee:rsents and conditions of the Band for $ 401000. 00ths day give by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requiements of the Constitution and By4Aws of said ASSOCIATION. then thew presents shall become mull and vod, otherwise they
<br />shall remain in full force and may be fosechmil at the option of the said ASSOCIATION after failure for three momthn to make any of said
<br />payments or be three months m arrears in making said monthly payments, in to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receivet appointed forthwith in such foreclosure proceedings.
<br />If there is any oiar g in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />seamed shall, at the option of The Equitable Building; and Lone Association of Grand Island, Nebraska. become iaesedotely due and payable without
<br />further notice, and the amount mcmaiing due under said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />date of exercise of sad option, bear interest at the maximum legal Fair, and this mortgage nay then be foreclosed to satisfy the amount due on aid
<br />boad,and any other bond for additional advances, together with all suns paid by said The Equitable Building and loan Association of Grand Island,
<br />Nebraska fa insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the trrximum
<br />legal rate.
<br />As provided in the Bond secured beieby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br />makem of said Bond, their assigns or swcceaws in interest, which aims andl be within the security of this mortgage the same as the funds originally
<br />secured thaaecby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />STATE OF NEBRASKA,
<br />COUNTY OF hIALL sc
<br />1. October A.D.. 19 86
<br />on this 1st day of Oc to ber
<br />19 86 , before me,
<br />the undersigned, a Notary Public in and for sad County, personally crime
<br />Rodney D. Hooker and Patricia M. Hooker, each in his and her, owe wifiht and as s ie'.Q"so
<br />each other, are p��Y
<br />se so be On idesieal persons whose now s are affixed to the above inutridht�t n rnorttagex ., and They s -fWiy
<br />aeksnwkdpad Nw and aarruoent to be the 11' voluntary act and dead. i )
<br />MITta1':.tiS e" hand snd Notarial Seal thee date sloreslid. _ p
<br />MV Co "imussim respires
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<br />!+yaCary Public
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