|
t. MORTGAGE 85-- 000687
<br />-- _ - -- - -- MORTGAGE IRAN NO. _L 24,313
<br />f IC40W ALL MEN BY TIIESE PRESENTS: That Robe
<br />i' rtes i Durham and Steven G. Durham; aryl Pauline
<br />Randall and Michael S. Randall, each in his and her own right and as spouse of each other,
<br />i
<br />E
<br />Forty Seven Tholisarld Two H Mortgagor, whether one or more, in consideration of the sun of
<br />unfired Fifty and no /100-- - - - - --
<br />loatled to said tortgagor by The Equitable Building and Loan Association of Grand [stand, Nebraska, Moe "DOLLARS
<br />said ASSOCIATION, Certificate No. L ��• upon 472 shares of sock of
<br />described real estate, situated in Hall County, Nebraska; ' do hereby grans, convey and mortgage unto the said ASSOCIATION the following
<br />Lot Four (4), in Block One Hundred Seventeen (117), Railroad
<br />Addition to the City of Grand Island, Hall County, Nebraska.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window scions,
<br />window tirades, blinds, storm windows, awnings, heating, air conditioning, arid plumbing and water equipment and accessories thereto, pumps stoves,
<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 taxes and assessments levied or
<br />aid upon said premises 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
<br />ASSOCIATION the Policies for said insurance; and not to commit or Permit any oa tteOon OF about mid premises; �lAT10N stud to deliver to said
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mots shall
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby a
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises during such time as the tort
<br />Y ssigts, tnr.sfers and sets over to the
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it nay desire for the ur P� sndeirtedrress shall remain
<br />the same and collecting the rents, revenues and income, and it may P pose °[ repairing said premises and renting
<br />commissions and expenses incurred in renting and mates y Pay °set of said income all expenses m repairing said preterites and necessary
<br />applied toward the discharge of said mortgage indebtedness; these rights of tltc collecting rentals therefrom; tle balance remaining ses if any, to be
<br />default, irrespective of any temporary waiver of the same.
<br />mortgagee may be exercised at any time dururg the oscistence of sKdt
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />Payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan, id sham
<br />before
<br />The Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, be delinquency; furnish approved insurance upon the buildings thereon in the surer of $ 47, 250.00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes
<br />the maximum legal rate thereon from date of payment all of which Mortga , assessments and insurance with interest at
<br />gor hereby agrees to pay; Permit no waste on said premises; keep and pmt,
<br />with all the agreements and conditions of the Bond for $ 47 , 250.00 this day given by the id
<br />with all the requirenents of the Constitution and By -Laws of said ASSOCIATION: then these presents�sha11 Eecome null and oth comply
<br />pay remain in full force and may r be foreclosed said the option of the said ASSOCIATION after failure for three months to make any of stead
<br />payments g be three months in arrears tln making said monthly payments, or to keep and simply with the agreements and conditions of said gold;
<br />and Mortgagor agrees to (rave a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise then the entire rcmitinistil hereby
<br />secured shall, at the option of The Equitable Building and Loan Association ot'Grand Island, Nebraska, become immediately due payable with
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to sa y the artrotrrst fire on
<br />and any Other bond for additional advances, together with all suns paid by said The I:yuitable gtrfldirtg and Loan Action u[ Grand Island. said
<br />Nebraska for insurance taxes and assessments, and abstracting extension charges, with interest thereon, from date n payment at the
<br />legal rate. maxi
<br />As provided in the Bond secured hereby, while this mortgage remains in effect tine F11011gil9ce may hereafter advance additional sums to the
<br />makers Of sad &xtd, their assigns or successors in interest, which sums shall be within the security of this morn the same as the funds u
<br />secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage. I
<br />y
<br />• - �. hated the 8th
<br />day of
<br />_ ieb
<br />ry A. u. r 85
<br />r
<br />%.
<br />STAVE O(• NEBRASKA, ^ ^
<br />('()I)N`I'y (M' 11ALL sb. Oil this 81;11 des of
<br />y 1' (_ ! ?r :11c'� hetitre me,
<br />Roberta a J{ . I' >L1. ham, am SteyE..rl G. "ur lap, the undersigned, a Notary Public m and for said County, personal!
<br />seer Pau l2iitxlall seal Mic hotel y ycatts
<br />k:x° ts�r'r r,i:�l1t ��rxi as e :slxur�k, isle t -�ad:h c :�t:et�a:, olio lliatni;all c't�.�1 1.11 ttl� ,seen
<br />ne to tic 11±e xlanrkal eraeec, Jr(' �etsmauy km+wn tin'
<br />r H whnw rtanw. ;tltixcd to Ura alxwe mstnma^nt as nwrtwol aad
<br />ackrarwke t tits maid instrnnent lu l e their' tikly severally
<br />vniunlary act and Dead. -�
<br />wl t°df :,S^i erey franc! and !�,ararial ties! the slate aloresanl.
<br />�l
<br />Riy ('esrenruw ery a tsrers �A., e r
<br />1nsU All kggIF1M! P' f �✓ C
<br />4r "
<br />JOANN GL N,etlary I'nhh"
<br />I
<br />.
<br />
|