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<br />MR.. 001364
<br />MORTGAGE
<br />MORTGAGE LOAN NO.. T. 2A.,-12-4 _
<br />KNOW ALL MEN BY TIIFSE PRESENTS: That Canute A. Boeding, a single person,
<br />Twenty Thousand and no /100 -- _ __ __ Mortgagor, whether one or more, in considerations of the sum of
<br />Waned to said nicirtgagor by The I:yuitable Building and Luau Association of (hand Island, Nebraska, Mortgagee, M� a DOLLARS
<br />said ASSOCIATION, Certificate No. L 24,323 do hereby IOftupon 200 shares of flow of
<br />described real estate, situated in Nall County, Nebraska: y grant, convey and mortgage unto the said ASSOCIATION the following
<br />Lot Seven (7), in Block Twelve (12), in Joehncks Addition
<br />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 screens,
<br />window shades, blinds, storm windows, awnings, heating, au conditioning, and plumbing and water equipment and accessories thereto, pumps,stom,
<br />refrigerators, and other fixtures and equipment now or hereafter attached 10 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 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 an said premises situated in the sum of 5 20,000.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any waste on or about said premises;
<br />In Lase of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the It shall,
<br />on oertsand, be entitled to immediate possession of the in premises and the mortgagor hereby assigns, transfers and sets over to the
<br />Inortgagee all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents It may lesire for the purpose of repairing said premiss and renting
<br />the same and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said premises and necessary
<br />commismms and expenses incurred in renting and ,managing the same and of collecting rentals therefrom; the balance remaining, J any, to be
<br />ailed toward the discharge of said mortgage indebtedness; these rights of the m mtgagee may he exercised at any time during the existence of such
<br />default, irrespective of any temparary waiver of the same.
<br />These Presents, Imwever, are upon the Condition, That if the said Mortgagor shall repay said ban on or before the maturity of said stares by
<br />paymena; pay awnfbly to satdl ASSOCIA LION of the sum specified in the Hond secured hereby as interest and principal on said loan, on or before
<br />the'rwentteth day of each and every mcmili, until said loan is fully paid; pay 211 taxes and assessments levied against said premises and on this Mortgage
<br />and the Bond secured therebv, before delinquency, furnish approved insurance upon lite buildings thereon in the sum of S
<br />to sail ASSOCIATION• repay to said ASSU IATION upon demand all mono h it 20,000.00 {ssYtble
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby gird for such taxes, assessments arts insurance with interest at
<br />gaga y agrees to pay; permit no waste on said premises;ktxp and comply
<br />with alb the agreements and conditions of the Bond for S 20, 000.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and BY-Laws of said ASSOCIATION; then these presents shall become null and void, otherwise they
<br />shall remain in full torce and may he foreclosed at the option of the said ASSOCIATION after failure for three months to maize any of said
<br />paytents 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 proceedings.
<br />If there it any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of T'lle Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and payable withuu(
<br />further ruilwc, and the amount remaining due under said bond, and any other bond for any additional advances node
<br />thereunder, styli, from the
<br />date of exercise eat said option, tear interest at the maximum legal rate, and this mortgage may then be foreclosed to stiafy the amount due on aaK1
<br />Nebraska any otter ce. for additional advances, together with all sums paid by said T►e Equitable Building and Loan Association of Grand Island,
<br />legall rsta for insurance, taxes and assessments, and abstracting extension charges, with interest tthereon, from date of psymtent at the nmximum
<br />rate.
<br />As provided in the Bond secured hereby, while this mortgage remains In effect the mortgagee may hereafter advance additional sums to the
<br />makers of sail Bond, their assigns or successins in interest, which sums shall he within the security of this mortgage the saute as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any time the original amount of this rnortilW.
<br />hated 'big 19th dray of March t
<br />� ��.. A. n., l D 85
<br />STATE OF NF-BRASKA,
<br />C(hIFN`rY t31• {IAf.I. as. t/1, ahix
<br />CaIltnte A. f3- -lilig, <t :3inr:fita I:x�r:lon,
<br />Foe a :> 1 tare teFa•ntn;al;morn Whow, narnn .ia ,rffiaed t.. the eabarve Instrument as Inortgagot
<br />se'.rtarw6esd ulna -Akl fnstrurnenl Fu ter 111.14 voluntary ata Fund send
<br />4alftN1 S.% Iny IFmndl 41,11 Notunal `deal the date ;afodeaaod
<br />lot •r t ��lfiih1a14x1i �e1 S`nptt t "9
<br />:
<br />14 €soh n r 04N Mlt +Nat# to ttMraMu
<br />JOAlttf W
<br />M ParrMtts IrMpa. t�, ill[
<br />19t.11 day fit March 11 85 , before me,
<br />the undersigned, a Notary Public In and tin said County, personally came
<br />Who i.es personally known to
<br />and l k' scveFally
<br />viHaax F hd:
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