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85-- 00193,2
<br />KNOW ALL MEN By THESE PRESENTS: That MORTGAGE LOAN NO. L 24 RdF
<br />Lawrence L. Wi lliatns and Vivienne E, Williams
<br />_ Fort y Pl ThoUSarld Two HundL'�2d Mortgagor, whether one or more in consideration of the sum of
<br />and no /100-------- ------ ------
<br />loaned to said mortgagor by The lEquitable Budding and Loan — DOLLARS
<br />said ASSOCIATION, Certificate No. L 24, 346 Association n of C,rand Island, Nebraska, Mortgagee, upon Po 43 2 shares of stock of
<br />described real estate, situated in flail County, Nebraska: "t CO "�Y and mortgage unto the said ASSOCIATION the following
<br />Lot Five (5), in Block Two (2), in Lake Davis Acres
<br />Subdivision, Hall county, Nebraska.
<br />together with all the tenements, heredilanents and appurtenances thereunto belonging, including attached floor coverings, all
<br />window fades, blinds, storm windows, awnings heatin g, air conditioning, and plumbing and water equipment
<br />and accessories thereto pumps,stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to of used in connection with said real estate. window screens,
<br />,
<br />And whereas the said mortgagor has agreed and does hereby agree that the morn
<br />assessed upon said premises and upon this rnnrtgage 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; r mortgagor shall and will pay all taxes nd assessments levied or
<br />ASSOCIATION the policies for said insuranmr; and ram to commit or 43 200.00 payable to said
<br />Permit any waste on or about said premises; �IATION and to deliver to said
<br />In case a ""faro in the performance of any of the terms and conditions of Plus mortgage or the bond secured hereby, the mortgagee shag,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mrsrlgagre all the rents, revenues and income to be derived from the Mortgaged premises during such time as the mort
<br />unpaid; and the mnrtgagce shall have the power to appoint any agent or agents it may desire for the purpose the same and collecting the rents, revenues and income, and it may
<br />gage said d premises shall remain g
<br />commissions and expenses incurred in reining and managing the sane and of collecting rentals therefrom the ahmtai r �inemisa and renting
<br />Y Pay trot of said income all expenses of repairing said Premises and new
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespective of any temporary waiver "f the same. mg, if any, t�
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay
<br />Payment• pay «n.nlhly to said ASSOC1Rthe C of the sum specified in the Bond secured reb Id loan on or before the maturity of
<br />the Twentieth I- Pay o theach and every XIATI N t said Juan is full Y said shares by
<br />y as "vied t and principal on said loan, on "r before
<br />and the Bond secured thereby, hef "re delinquency, furnish approved insurance upon the buildings thereon
<br />$& the sum semlxs and on this Mortgage
<br />to said imam leg l rate repay f said ate Of IA meat upon demand all money by it pail for such taxes, assessments and insurance with interest at
<br />the maximum legal rate thereon from date of Payment all of which Mortgagor hereby agrees to 43, 200.00 with preside
<br />withal! the agreements and conditions of the Bond for S 43, 20Q , QQ this he Pay' permit no wasteon said premises; keep and comply
<br />with all the requirements of the Conslitu4on and Ily -laws of said ASSOCIATION; then these resents shill
<br />Y given by the said Mortgagor to said ASSOCIATION, arid comply
<br />'ball remain in full force and may he foreclosed at the option of the said ASSOCIATION after failure for ree null and o void. otherwise
<br />payments or he three mumhs In arrears in nuking said muntilly. payments, "r to keep and comply they
<br />and Mortgagor agrees to have a leceort -r a months to irate" any of said
<br />PPt ?mird forthwith in such foreclosure proceedings. P y� the agreements and conditions of said Bond;
<br />11' there is any clung" in ownership tit ific real estate ours
<br />secured xfW1, at the option Of The Lquitable Building and Iwoan Aged boron of grand Island, Nebraska, n the immediately due and
<br />gaged herein, by sate or otherwise, then the entire remaining indebtedness hereby
<br />further color. and the armrunt remaining due under said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />date (if exercise of said option bear Interest at th" maximum legal rate, and this moot payable without
<br />bond, and any other bond for additional advances, maximum
<br />with all sums
<br />Nebraska for inatuarnor, taxes and assesernents, and abstracting extension charges, said with The interest qui tble u d from date Of n Ass the amount dote on said
<br />paid by said The Equitable Building and loan Association of he Maximum
<br />legal rate.
<br />As provided m the Bond secured hereby, while this mortgage renams m effect the mart payment al the rnucimtun
<br />makers of said Bond. "tell asugms or successors In Interest, worth sums shall be within the security mortgagee May hurt
<br />secured thereby, the total amount of principal d"hl not t, exceed at any rile" the original amount this mortgage. mortgage he same additional sums ti the
<br />gage the same as the funds originally
<br />Dated this 20th day ttr
<br />s �.r••.. -c.� i Apri 1 A. n., lq 85
<br />�taWM>ICU 1a . Williams
<br />ST'ATU OF NEBRASKA, t
<br />st O hs COUNT } OP h1R[1 ()t} lay ut
<br />Jan 1. ]
<br />1g8j , hrtbre Inc,
<br />the undersigned. a Notary Public in and lit said County, personally cane .
<br />VJill.ixns alx.l Vivlc[utc i�. Willi<ut>,�; each i.tr hAs
<br />B
<br />r1 each ntcalper ;ux1 lti:1 curio riylit s .,.
<br />err 1" Fee the ulrnlical prawn S whoa• r""IW ; Al'(,' r affixed to I1w above Instruntem as Irtortgagotwhro and I0 %V1- AIa41 -Cti1 t� I
<br />arkrrowlydged Ili: said ntslruflrenl In to (:}tt r
<br />wohuttarr ell and d"rd_ Y severally
<br />WITNESS my hand and Nolalral `,r.nl the dare afore aid
<br />ILaNr r,. Vtllaf) Pnhlla
<br />
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