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<br />L
<br />15_' 004388
<br />MORTGAGE
<br />MORTGAGE LOAN NO. , L 24,199
<br />KNOW ALL MEN BY THESE PRFSENTS: That Lowe 11 V. Spencer and Norma M. Spencer, each in his and
<br />her own right and as spouse of each other, Moripeor, whether one or more, it comidention of the aw. of
<br />—i ri-M wmwd and nQ/100-
<br />loured to mid atorglylor by The Equitable Bulilditg and Loren Association of Grand Island, Nebraska, Mortpga, trpotr 130 dueft of stock of
<br />and ASSOCIATION, Certificate No. L 24,399 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described teal estate, situated in Han County, Nebraska:
<br />Lot Fair (4) , in Block Zoo (2) , of Gilbert's Second Addition
<br />to the city of Grand Island, Hall County, Nebraska.
<br />tapletim with an the tenements, IercdiUarnts Arid appurtenances thereunto lockingutg, including attached flow covetuap, an window screens,
<br />vrindow mss, blinds. storm wiulcian. awnings, ftcattng, sit condrtiiming, and piluIntinig and water equipment and acaaesicries thereto. pump, stowls
<br />wttfgeralcrs, std other fractions and equipment now it hereafter attached to or used in connection with said real estate.
<br />And whereas the Laid mcrlpgur has agreed and does hereby agree that the rrartppir shall and will pay an tastes and amestmeats levied or
<br />aueand UPON tad prenmws Will tpsrm glass mrtgNp and the Mind wcuted thereby before the nine shad( become delinquent. to firnrnih oliptoKd
<br />wmwaace upon the buildings im sad psernises situated to the sutn of i 13 ,000.00 payable to said ASSOCIATION said to deKver kl tad
<br />ASSOCIATION the polictrt fin said utwrsnce; and rn w to oplairmt it permit any waste can or shout said prernxs;
<br />In ask of default in the perknmance of any ref the terms sad crmdtrnins of this nxxtgage or the txrnd accused hereby, trite mortppe shall,
<br />on demug. he entitled to immediate toomrstuxn of ale nxitgaged paemues and the nwirtgagar hereby amps. transfers and sets t.wi to the
<br />mwtp c an the rents, revenues and Masme to he derived (roan the rrasrtgaged Meatuses dtuing such tits as the molipip: iaxfebtedatn sled( remaut
<br />unpaid; and the mewigpgee shall have the power to aplrtiine any agent ti agents tI nay desire (or lire purpose of repaiieg said Premiss and renthtg
<br />he sane and ctrlkdingl The seats, revenues and utaimr, and It nmy pay list rif cad rr-Me all expenses of repatift mid pterrraes and necessary
<br />a�wnmrvtoas and expenses incurred in fencing and nanaflutg rite same and r,f aillectueg rentals theicfrornt The balance retraining. it any, to be
<br />applied Toward the dischaille tit said niirrtp lltde # >Tedness; thew tights ref the nn.rlgagee assay be cxerctsed at any time dwbpl the IxIS1eM7e cif tticdt
<br />default. irrespective of say tempsguty waaven of the same
<br />Thew Pnewnts. Mrwtwe, are upon the ('iwdttrirn, That if the sad lUtatgAg,tr shall repay, sad tan oo m before the Instantly of raid Hearts by
<br />payeem: pay mmthfy to mud ASS(X'IA'IION of ate seam sptcnfied in the 841fad secured hereby as interest and pautcipat on slid hour. on or before
<br />the Twentieth day of each and twery ltltmtli, until sad Esau is fully pad, pay all taxes and assessments levied against sad 1xion" es and on this Mortpp
<br />and the Bond secured thereby, heltre delinquency, furnish appioved entwlattCe uprm lie bud dings theanm an the mum of S 13, 000.00 payable
<br />to sad AS,i X IAIION, repay to sad ASS(KIAIM upom danxrd all mntney by it pad lost such taxes, axstswtuents and i sranee with mlereat at
<br />The anaxmturat lesal fate rlrfecm flout date ill payment all of which MoitWf hereby Agiets to pay; perrni( ni waste tan sad plea remkoxp aandaatnpdy,
<br />Wilk ad The aplrerments and cawtdnnms of the himJ fist S 13 ,000.00 this day given by the said Mottppper to sad MOAXIATION, and artpdy
<br />tooth all the requicmenls rif the Cimstif ulnm and By-laws of said ASSOCIATION. then these dresenis shall become nun and vod, athnwgw they
<br />stain atsrwm In fun finer and nay use Iurackited at the opium tit the said ASSOCIATION after failure for three motalhs to mace say of Sant
<br />peyfitents fin be thaet rnitstln an alrears sat nakrlg lad trttmlMy (aynletrx, tot Is, keep and comply with The agseemeails and amditioms cif said Borld;
<br />+Ind Wiftplpot arm to have a teselvet appointed firethwlth in such f sfechtsule Proceedings.
<br />It More i any charuge sat owncnshgi of the real estate mottpggped heteIn, by sole tit olhcfwm, than the entire teaminmg mdebtedaen art
<br />secured
<br />shy, at the o�iott of The t:gualoble Building and Loan Aanaciatam of (octal Islu+il,Nettuka,btame irnunedistefy due and payable without
<br />twill" nu kv. sod the anrcium Itaumrgl due order said bored, and any other bond fir any adddronal advances mode thereunder, sitar, from the
<br />of sacrcaae tit std opium, tree itteacst at the maximum drpI rate, and this ttairlptic may then be foreclosed to ti1ay the Nnetmt due an cud
<br />bwW,amd any other bond kit addtiwal sdvalicas. liw1her wash sit sutra pad by sod the bgmtalale Buddtn6 and I Aran AMXMIM a of Greed ItJa W.
<br />aska fat Assurance. taxes and assessments, said abstracting extenatoil chirps. with Interesa ttxreoat. (maim olale of payment st the aarisloo
<br />Ittpl ice,
<br />As provided m The Nuatd secured hereby, whale that fnulpurgc uettams sat effect the mortpagtec army hereafter advance additaiai sums to the
<br />moluas tit' lead Based, thew sas>gns or suoac,as ass in interest, which seines shall be within the wcu('ty of that IntM[{aigt the wine as the funds olalpsiball ,
<br />thereby. the Iota amount iif principal debt nit To carved at any erne Ile ortgo »l Arniurg rot this nhtrtgagc.
<br />"sod Oka 9th day of Sept@1 ix] r A D.. 11)
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