|
C& 004455
<br />MORTGAGE
<br />MORTGAGELOANNO. L 24.402
<br />KNOW ALL MEN BY THESE PRESENTS: That James George We lton and Beryl Ann We lton, each in his and
<br />her own right and as spouse of each other, Mortppr, wbedw one or mom, in consideration of the shut of
<br />Eighteen Thousand Three Hundred Seventy Five and no /100
<br />batted to acid snryyor by The Fqutteble Building ad Loan Association of Grand Island, Nebraska, Mortmeg, upon 184 Ann of stock of
<br />aid ASSOCIATION, Certificate No. L 24,402 , do hereby pant, convey and monpp unto the said ASSOCIATION the foBowig
<br />daaibd red estate, situtded in Hap County, Nebraska:
<br />The South One Hundred Forty and Two Tenths Feet (140.21) cf Lot
<br />Eleven (11), Geer Subdivision, in the City cf Grand Island, Hall
<br />County, Nebraska, except the Southerly 25.0' thereof.
<br />Igeiher with all the tenements. heredtaments sad appwtetwtoes thereunto belongiK, including attached floor coserinp, all wisdom screens,
<br />window slhedes, blinds, storm windows, awnings, bWW& air conditioning, and piumbim and water equipment and soworin thereto, paps,stoves,
<br />refriOmrstoes, and other fixtures and equipment now or hereafter attached to or used in eonnnation with said real estate.
<br />And what eas She said ha and does
<br />mortppr .grad hereby apce that the mortgagor shdl and will pay all taxes and asnasssante levied or
<br />sawed upon said prenwsa and upon this mortgage slid the bond stewed thereby before She sane shag becoac> delinquent; to furnish apposed
<br />insurahoe wupoann the brWinp on said premiss. stoned in She sum of S 18, 375.00 Payable to said ASSOCIATIN and to denser to said
<br />ASSOCIATION Ilse policies for said insurance: and not to commit or permit any waste on or about mid premises:
<br />In case of defanh in the performance of any of the tars and conditions of this mortgage or the bond secured hereby, the
<br />on demand, be emitted so ion into possession of the monpp>d premises and the mortgagor hereby assigns, transfers; and se�ooW�
<br />mssotppe ON the rents, mwenaes and income to be derived from the mottppd premaes during such time as the mortgage indebtuhtea sbap tdrssmtim
<br />unpaid. and the ssorlppe shelf have the power to appoint any agent or agents it may desire for the purpose of repairing said prsmniss and mptig
<br />the time and collecting the mats, revenus$ and income. and it may pay out of said income all expenses of repsiig said premsisss and ansesnpy
<br />commission and eappeennsea incurred in rearing and manning the same and of collecting rentals therefrom: tin bar met remminhg, if nay, to be
<br />applied toward the dttsclorge of said nxripp indebtedness: these rights of the mo rtpgee any be exaatased at any time during the existence of Mich
<br />defaaft, irrespective of any tempotay wiser of the time.
<br />These Pi is. however, are upon the Condition, That if the said Mort
<br />paYasM• pay moatbly to said ASSOCIATION of the sum l andh repay said ban on or before the mrgnty of said sham. by
<br />She Twentieth sit of each and m the Bond seoued hereby as interest and principal on aid Joan, on or blots
<br />y every month. Until said ban is fully paid: pay all taxes ands ntents eihla spina aid pmaias and on this Mor%W
<br />and She Bond secured thereby, before delinquency, furnish approved inarance upon the buildings thereon in the nun of $18, 375.00 pysbe
<br />to said ASSOCIATION; repay to aid ASSOCIATION upon demand an money by it paid for such taxes, assessments and i stasis svth iota" at
<br />the nsaximmum legal rate thereon from dam of payment all of which Mtxlgyµsr hereby speea to pay: permit no wale on said ptessres :keep and uossrply
<br />�h �a lbrage, enis and eondtions of the Bad furs 18 375.00 this day given by the aid Mo rtppor to said ASSOCIATION, and co m*
<br />requirements of the Constitution and By4.aws oI aid ASSOCIATION: then then presents shell bwoen nun and void, othawin they
<br />s1taB romsaiu b fun fixce tired may be foradond at the option of the said ASSOCIATION after (where for three months to auks any of mid
<br />I srya•et in s tee be thin months in areas in taking aid monthly payments, or to keep and comply with the agreements and conditions of add Band;
<br />astir Mot4W epees Io have a receiver appo kdW forthwith in such forcebsure proceedings.
<br />If these is any dtanp in ownership of the red estate mortgaged herein, by sak w othenviw, than the entire mm Wniag indebtedness
<br />named d", at the option of The Equitable Buildiog and lean Association of Grand Island. Nebn ka,beeotme immediately due std pay" wig
<br />father notice, and the amount remaimg due wider Bald bond, and any other bond for any additiosnl adsatscas made thwass der, djA from the
<br />data of exemsa of said loo, ben interest at the nuxhmmt epl roe, and this morgags any than be foreclosed to atisl'y the assumed due on said
<br />Immad. flea facer othw oe, tam for ad ml advances, and elm with all rim n � by � The Fgwtsbie Building anti Loan Association or Grand Island,
<br />� abstracting nom, with imlereu therms. from date of payment a the mnxhmssn
<br />As otovidnd in the Bond secured hereby, while this mmtpp remains m effect the mortppe may hereafter advama aWftiosnl mass to the
<br />mdws of said Bond, their aeips w successors in interest, wfikh suns shall be within the security of this monpp the am a the funds origUany
<br />ssctrad tbsaby, the told .noun of Principal debt not to exceed at any time the original amount of this mortgage.
<br />•a stns 26 day of August A. n.. to 85
<br />(F�f m..
<br />STATE OF NEBRASKA, � ■. On this � j�. day of ..44000 vs r 1485 , before mss.
<br />COUNTY OF HALL.
<br />the undefognat. ■ Notary Public in end for said County, personally came
<br />Jtatles GOOrge Walton and Beryl Ann Welton, each in his and her own r h n1 petso y aotmtn si
<br />ether,
<br />mss M be the identical pslsons whoa mate B are Affixed to the above insitument a fptdir. a wa ti€y -A Y
<br />adknowledgsd Ohs nit imtrument to be their voluntary act and deed.
<br />IWTNFSS my lord And Notaiel Staff the date sf'oressid.
<br />My Co m anion expgxa ,/J /,�
<br />manse nit BARBARA L � t!apf, ry Iblic
<br />324 - 40.3653
<br />Stevens Point. W154481
<br />
|