|
s
<br />E MORTGAGE 85,E 001119
<br />�— L 22 103
<br />1 MORTGAGE LOAN NO. _L�6
<br />1 1�10w ALL THEN BY TIIFSE PRESENTS: That James A. Flyr and Kay y. Flyr, each in his and her
<br />own right and as spouse of each other,
<br />rteen
<br />r Mortgagor, whether one or more, in c onsidera tion of the Man of
<br />lased to saiii mortgagor by The Equitable Building • �N ____••_•.~_ w_~�_�.'��— '��_---"-- --- .•. -- -- DOLLARS
<br />and Lawn do hereby grant, Grand Island, Nebraska, Mortgagee, neon 140 scares of stock of
<br />aid ASSOCIATION, Certil'npte No. L 24,306 , do hereby y
<br />described reel estate, situated in Hail County, Nebraska: Y grant, conve and mortgge unto the said ASSOCIATION the following
<br />Lot Fifteen (15), Block Eleven (11), Ashton Place, an addition
<br />to the City of Grand Island, Hall County, Nebraska.
<br />lgptlten with an the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings all window ac+eeas,
<br />wallow with blinds, storm windows, awnings, heating, air u,nditioning,and {thumbing and waterequipnaent and accesaories thereto,pur�,��
<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 here agree that the mortgagor A and mw=L,d upon said pfcani es and upon this tnortgge and the b� secured therei,vMore the sh will same shah become and s levied or
<br />n the b premises situated in the sum of S delinquent; to furnish
<br />ASSOCIATION the sad 14, 000.00 payable to sad
<br />Policies for isurrance; and not to commit or p,cFour any waste on or about said ASSOCIATION and to deliver to UW
<br />In case of default in the performance of any of the terms and conditions of this rrmrtgage or the secured on demand, be entitled to immediate pe>xse, ion of the mortgaged premises and abbe mortgagor hereby assigns, t and se '
<br />mortgagee an the rents, revenues and income to he derived from the morn
<br />: and the mortgagee shall have the mortgaged premises during such time as the OM to the
<br />the same anal Power to appoint any agent or agents it may desire for the mortgtage said preffni shall remain
<br />colkctig the rents, revenues and income, and it may pay out of said income all expel ofof r paining �d f �aa and rent
<br />and expenses incurred in rentig and managing the same and of colkctig rentals therefrom: t � and Y
<br />applied toward the discharge Of Said mortgage indebtedness; these Fights of the nwrlcting may be thercfroed at m • if
<br />default, urmspective of any temporary waiver of the sore. g
<br />say, to be
<br />y time daring the etkstruwe of sari
<br />theThese Presents, however, are upon the Condition, That if the said Mortgagor shall repay sad loan on or before the losttuity of said shares
<br />�d:tielh day of each nd ASSOCIATION of the sum specified in the flood secured hereby as interest and principal on said ban, on or before
<br />every month, until said loan is fully paid; pay all taxes and acssments levied against said premises and on this Mortgage
<br />and the Bad secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of $ 14,000.00
<br />to �d ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such (axes, a
<br />the "ll"F Igal rate thereon from date of is and inHr payable
<br />With 20 payment all of which Mortg ur hereby agrrxa to pay; pertrit no waste on m; with interea at
<br />with aB the agreements and conditions of the Bond fir S 14, 000 00mis said SOCIAs keep and comply
<br />requirements of the Constitution and BY-Laws of said ON n by the said M to a ASSOCIATION, and comply void, remain in full force and may be foreclosed at the awn ufftth ASSOCIATION tin these after sfW1 become null othenrnc they
<br />and Mortgallort PSYMCMS or be three months in arrears in making said monthly ASSOCIAT!(?N after failure for three months to make any of said
<br />gees to have a receiver a Y payments, o to keep and comply with the agreements
<br />appointed forthwith in such foreclosure paoceedings, conditions of said Bond;
<br />Seemed d". If there is any change in ownership of the real estate mat
<br />at the option of The Uquitable Boihli and IS✓ d herein, by seek or otherwise, then the came fcms" indebtedness hereby
<br />fortbca ice, and the amount retrain Loan Association of Grand Island. ptetome of exercise of said lee paler sail bond. and any ot.h ei bond for any lee t lsaYs�c wit made bond. and option, bear interest at the maximum legal rate, and this nxrt may then be f t , prat the
<br />Nebraska for ally other bond for addilkmW advances, together with all suns paid by said The F.quilaltle B and =W y the dare on a d
<br />taxes and its, and abstracting exlevisi n char tut of Gn iad Island
<br />hisal
<br />ran As P"nWed rats. ges, with interest thsrecm, frcam date crf
<br />payment at the Maxismon
<br />ikisrs of in the Bond assured hereby, wink this rmnt sensors m effect ale marl
<br />said their s or sucaesaohrs in interest, vhhich awns shall lm within the trig hereafter advance addit'
<br />sftww
<br />t ,the Iola1 amount f securily of this mutt anal to ltrc
<br />principal debt not to exceed at any time the original amount of this mart the sanne as the futdsaor IY
<br />this 29th dsy of Jail
<br />/ Vary A. f)., l') 83
<br />STATE: uhf+ NU, ASKA. f
<br />f't' Uh tIA1.L l} w' On thin 29th day of January
<br />befac rata.
<br />the tsr�rsegned, a Notary I4whic w and for said County, pellicnallyeame
<br />J A. F'lyr, and Kay Y, Flyr, oa,,,h in his Auld her oath right juld as
<br />ttt(��, of •"
<br />me to be the identical pararrr B whose Warne tl1K, l�ttal�''7tE1(11Ud to
<br />s are affixed let tote atnrvr rnsttttmena ns rrnnt�goh s and
<br />kmswk d The trimrurrwot ro tae tht�lr they morally
<br />anlontnry act and dcxd.
<br />WITNFR,I lily hand and Nuttaral seal the date aforesad.
<br />MY Cennnlmaxr napart,
<br />%Htptlot tl//hN °ftaraaeae ►n.►•°
<br />XYf M'. OWLEY tiotacv itnbti
<br />U:1*CNn, lip Soo 1, INS S
<br />
|