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moo 002618
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L24,369
<br />KNOW ALL MEN BY THESE PRESENTS: That Stephen L. Atkins and Mary K. Atkins, each in his and
<br />her own right and as s use of each other, Mortgagor, whether one or more, in considendiort of the stmt of
<br />minty St:m Thousi and no/ 100------ ..------- _.---- - --- -- ----- - -"DOLLARS
<br />loured to said mortgagor by The Equitable Building and I.wn Association of Grand Island, Nebraska, Mortgagee, upon 270 am" of Moclr of
<br />aid ASSOCIATION, Certificate No. L 24,369 do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />daas'bed red estate, situated in Hall County, Nebraska:
<br />Lot Ten (10), in Block Den (10), in Rollins Addition
<br />to the City of Grand Island, Hall County, Nebraska.
<br />together with all the tenements, hereditarnents and appurtenances thereunto belonging, including attached floor etmrings, all wmudow, scream,
<br />window eludes, blinds, storm windows, awnings, beating, air conditioning, and plumbing and water equipment and accessories thereto,pumpa,stovea,
<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 />messed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />auauanoe upon the builder on said premises situated in the sum of S 27, 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 cue of default in the performance of any of the terms and conditions of this mortgage of the bond secured hereby, the nwagagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall. remain
<br />tmpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises 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 />commission sod expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, 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 existence of such
<br />seh, irrespective of any temporary waiver of the same.
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said ban on or before the maturity of sad shoes by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said kart, on or before
<br />the Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied against said practises and on this MoFtgtge
<br />and the Bond scared thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of S 27r000.00 payable
<br />to mid ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, sucamirsertts and inswance with interest al
<br />the maximum Legal rate thereon from date of payment all of which Mortgagor hereby gees to pay; permit no waste on said premises; keep and comply
<br />with all the agreements and conditions of the Bond for 5 27 000.00 this day given by the said Mortar to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By-laws of said ASSOCIATION; then these presents shall become moll and void, otherwise they
<br />sew remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to rake any of said
<br />pnymems or be three month in arrears in nuking said monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor wets to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any change in owncrship of the real estate mortgaged heroin, by sale or otherwise, than the entire remaining indebtedness
<br />it
<br />secured stall, at the option of The Equitable Building and Lout Association of Grand I nd, Nebraska, become immediately due and payable withreoot
<br />further notice, and the amount remaining doe under said bad, and any other bond for any additional advnrroas made theeande, du11, from the
<br />data of exercise of said option, beat interest at the maximum kgal rate, and this mmtgW may than be foreclosed to satisfy the amount due on aid
<br />boad,and any other bad for additional advances, together with all suns paid by said The Equitable Budding and Loan Association of Grand Idesid,
<br />Nebraska for insurance. taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />law rate.
<br />As providad in the Bond secured hereby, while this mortgage retains in effect the morn may hereafter advance additional sums to the
<br />mahao of aid Born, their stns or succe "rots in interest, which sums shall be within the security of this mortgage the same as the funds originally
<br />atocured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />Dotted tldtt 3rd day of June A. n., 19 65
<br />,. s
<br />STATE OF NEBRASKA. ohm tills 3rd day of June 19 65 . before are.
<br />Ca1NTY OF HAIL.
<br />the urderuped, a Notary I'ddolic in and far said County, personally came
<br />Stephen L. Atkins and Mazy K. Atkins, each in his mid her own righthRl yes s y
<br />rr,
<br />an lobe the identical persrm a wli rime a arc affixed to the above insUymcnt lkloftrnuf 8 and they severally
<br />ad"sowledrd the ssn matlunient tube their vmlumaty act and decd.
<br />WITNt. % my hand and Nolarul Seal the date afcnemad,
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<br />annna 141 N Le. Not t*
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