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$5--• 005518
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 24, 409
<br />KNOW ALL MEN 61' TIfFSI -.. PRESENTS- That Patrick L. Fitzgerald and Rita A. Fitzgerald, each in
<br />his and her am right and as spicuge of each other, Mortgagor, whether one or more, inconsideration of the sum of
<br />Waned to said rtwrrtpilisr by The Equitable Btxadilyt and I.AUUn Association of (.rand Island, Nebraska, Mortgagee, upon 470 shares of stock of
<br />said ASSOCIATION, Cenifuate No. L 24,409 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />describal real estate, situated in [fall County, Nebraska
<br />Lot Nine (9) , Blcck Two (2) , in Colonial Estates Subdivision,
<br />City of Grand Island, Hall Ccxlnty, Nebraska.
<br />together with all the tenements, heteditamenls and appurtenamxs theicuutu belonging, including attached Iltotr arviermv all wridow, screen,
<br />wmdow shades, blinds, "Drat windows. awnings, heating, sit atnditKming, and water
<br />piumbtng and equipment and accessories thereto, pturpra, stales,
<br />refripteralors, and other fixtures and equipment now or hereafter attached to of tried in connection with said Oval estate.
<br />And whereas the said mortgagor has agreed and dues hereby agree that the noorlgago i stall and will pay all taxes and assessments levied or
<br />assessed up m
<br />m said premises and upon this this mortgage and the bond bet tire
<br />secured therchs the saute shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of $ 47,UUU.00 payable to sail! -ASSOC IAT ION and to deliver to said
<br />ASSOCIATION the pe>f� for said insurance; not to
<br />and commit or pernxt any waste nn of about said premres.
<br />In caw of default in the performance of any of the teems and cmilitions of this mortgage or the bond secured hereby, the mtrtptasee titan,
<br />oar demand, be entitled to immediate possession of the ninrtpaged premises and the nxitippor twfcbv
<br />'
<br />axsrgris, transfers soul sets over to the
<br />mortgagee all the rents, revenues and insane it, be derived from the rnmrtgagrd premises duimtg such time as the mortgage indebtedness shall remain
<br />unpaid: And the mortgagee shall have the power to appoint any agent dmir
<br />tt agents ,t may for the purpose of milinuing said premises and renting
<br />the same and collecting the rents, revenues and income, and it may pay out of said ncome all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the carne and of culicctrrtg lentals therefrom: the balance remaining, if any, to be
<br />applied onward the discharge of said n
<br />:low slndtmss: ttlesc rights of ti r n +itgaKee nay fm exercised at any time during the existence
<br />e fa of such
<br />default. irrespective of my Ieltptt 1177y Wa1Kd tIf 1[ie salTnr
<br />waiver
<br />�$
<br />These PfCWnts, howett'n, arc upon the Condithm, (fiat if the said Moitgagl,r shalt repay old loan on art before the maturity of sad shares by
<br />psymem: Pa)t monthly to %aNh AStiO('IA'ITON of the win specified in ific Nnd secured hereby
<br />as mterest and principal on said loan, on or before
<br />[be 'Twenttelth day of each and every rrwnth. until said lean is fully Paul: pay all taxes and assessments levied against said premises and on this MoltgW
<br />Old the Bond scouted thereby, before delinquency. fuimsh approved tnsurance upon tote buildings theram in the stun of S 47 ,UUU.00 payable
<br />to sad A.4.SOCiAT1ON: repay to said ASSO(UiION upon demand by
<br />all nwmey It Paid for such taxes, assessments and assurance with interest at
<br />the maximum legal rate thereon front date of payment all of which Mortgagot bciehy agrees to pay: Pcrnut no waste on said premises.keep and comply
<br />with all the agreernents and condones of time Bond fat s 47 ,000.00 [tits day given by tbnc sari Mortgagor to said ASSOCIATION, and amply
<br />with all rite reyuxerrcms of tbe Constrtwor. and BY of sand A.%S(X IA 'I ION: then
<br />these presents shall bcoxrrne null and mid, otherwise they
<br />shall remain in full truce and rruy be furecksed at the option of the said AS."U'l ION aftei failure for three months to make any of said
<br />Payments or be throe urunths u, arrears in making said monthly payments, in to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a soave, appointed forthwith in such tulecknurc proceedings
<br />If there is Any change in trwnetshlip of the real estate mortgaged herenh, by not or otherwiw, then the entire icnamitpt indebtedness hereby
<br />tecused shall, at the trpluo of The tquntable Building and lawn Association of Grand Island. Nebraska, betaame immediately due
<br />and payable without
<br />fluther niche. and the amount remaining due under said bond, and any utltel bond for any additional advances made thereunder, shall, fluor[ the
<br />time of exercise of said optxn, beat interest at lute maximum kpal tote, and this mortgage may then be foreclosed to satisfy
<br />the amouatt due am said
<br />bond,and any other bord for addiMral advances, loffiber with all suers pad by said The (;quotable Buddang and Loan Associatiom of Grand island,
<br />NoeMarca for mm2a e, taxes Ad Assessmentt, and alstrx�ling extension charges, with interest thereon, fit" date of payment al the maximum
<br />isg#! rate.
<br />As provided in the Bond secured hereby, while this mortgage remains m effect file nortiosw may hereafter advance additional sump to the
<br />makers of sad Bond, (bell assigus nr successors on interest, which he
<br />sums shall within the accunly of this list I ge the same as the funds uttginaBY
<br />wattled thereby, the total amwnt of principal debt not to exceed at any unit the original Amount of this nwrtgage.
<br />, "' )•(M Ohs 24tlr ,. day -if S('NtelTb --r A. 1) I) 85
<br />r .
<br />S"!ATI :OF: Nf;BRASKA,
<br />ftgtNfYfN'flAf.l. Ott this 24th day of Si'I ttsttbur labs before me,
<br />I he urderogned. A Nwany Public ui and tot sad County, petslnalty cause
<br />i Fltlyer- :all.[ amt Rita A. Fltzclerald, cash
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<br />i.r, 1.1.s gulf: lau ,.,veal rlc3trf. attcl Iv
<br />(A t.ach `it x-.r, who
<br />;art' (saw
<br />mr if. he the Mont"I petlun S WNW tunic Es cart` Athyrd to IoM ath,vr 11'st'nownt a%nlniigii i .-+ mild t IH.' }' ww rally
<br />AI�`ttlNtrft'a1�` -d flit said i natlnient Ill he tliul r Wilnitl aly Alit and dl'.Cd
<br />*111Yf S.k my hand slid Notaial Seat thin d11c AfonrKSKI
<br />t.(y r'"nutimmin rIpoet i .•"
<br />anaft IA uJ � w
<br />G1 fa fr in �f,(sly f Ilblh.
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