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85.,...005907 MORTGAGE MORTGAGE LOAN NO. _y 24,437 Ara, KNOW ALL MEN BY THESE PRESENTS: That Steven H. Johnson and Ginger D. Johnson, each in his and her own right and as spouse of each other, Mortgagor, whether one or more, in conaideratioe of the farm of Six `1%" sand and no/10() _ — — LIARS Initiated to said mortgagor by The Equitable Budding and Low Association of Grand Island, Nebraska, Mortgape, upon 26 dwa of st ock of said ASSOCIATION, Certificate No. L 24,437 AML , do hereby grant, convey and mortgage unto the said ASSOCIATION the foBewsg described real estate, situated in Hall County, Nebraska: The South Half (S'k) of Lot Thirty -dine (39), in Block roll ", Paekview Subdivision, an addition to the City of Grand Island, Hall County, Nebraska. tosether with all the tenements, heredhaments and appurtenances thereunto belonging, including attached ikon amecngt, all widow screens, window shades, blinds, storm windrows, awnings, heating, air conditioning, and plumbing and water equipment sad accessories thereto, ptrtnpa, stores, redtiseators, and other fnttwes and equipment now or hereafter attached to or used in connection with said real estate. And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shalt and will pay all taxes and aaesmrents levied or asked upon said premises and upon this mortgage and the bond secured thereby before the same stag become deluque it; to furnish approved assurance upon the buildings on said premises situated in the sum of S 26, 000.00 payable to said ASSOCIATION will to deliver to said ASSMA71ON the policies for said insurance; and not to commit or permit any waste on or about said premises; In case of default n the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the martpsive dull, an demand, be entitled to immediate prmession of the mortgaged premises and the mortgagor hereby asipu, transfers and sets over to the awrtplpe all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage idebtedaaa AA reaa6t un paid; sad the martp®ee shall have the power to appoint any agent or agents it may desire for the purpose of repairiag said pramoa and temtiag the aarc and collecting the rears, revenues and income, and it may pay out of said income all expenses of repairing said premtises and necessary wwtsi,00ns and expenses incurred in renting and managing the same and •; mUectutg rentals therefrom; the balance reotmiag, if say, to be applied toward the dndwp of aid mortgage indebtedness; thew rights of the mortgagee may be exercised at any time during the e,islenoe of arrle ddarN, irrespective of say temporary waiver of the erne. These Presents, however, am upon the Condition, That if the said Mortgagor stud] repay said ban on or before the maturity of aid shoes by payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said leant. on or before the Twentieth day aeach and every month, until said loan is fully paid. pay all cues and assessments levied against said premises and on this Matpppe and the Bond secured thereby, befure delinquency; furnish approved insurance upon the buildings therein in the sum of s 26, 000.00 payable to said ASSOCIATION. repay to said ASSOCIATION upon demand all money by it pwJ for such taxes, asearems and insurance with interest at the maxim rn legal rate thereon from date of payment all of which Mortgagor hereby agrees to psy;permit no wasteon said preni seckeep and comply ply with all the agreements and conditions of the Bond fen S 26, 000.00 tins day given by the aid Morspgeir to said ASSOCIATION, and comply with all the regvirtmets of the Constitution and Byd sws of said ASSOCIATION; then thew presents shad become null and void, othetw n they shad remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of will payments or be throe months in arrears in making said monthly payments. or to keep and comply with the agreements and conditions of aid Bond; and Mortpjm agrees to have a receiver appointed forthwith in such foreclosure proceedings. If there is any dwW in ownership of the real estate morgayed herein, by sale or otherwise, then the entire remaining indelittislatess hereby accused AFB, at the option of The Equitable Budding will i oas Association of Grand Island, Nebraska, becorue ierttediately due and payable witbout further notice. and the amount mmainiyp due under said bad. and any other bond for any additional advances made thereunder. skull, from the doe of exacts of said option. bear interest at the noxam m legal rate, and this mmrtpauglr may than be foreclosed to satisfy tits amount dote our said boad,ad any other bond for additional advanowx. tolialper with all furs paid by will The Equitable Building and Loan Association of Grand Island, Nebraska for iuurmete, taxes and aaeaments, and absua tag extension charges, with interest teeeom, from date of payment at the noxm igai me. As provided in the Bond secured hereby, while this mortgage remiss in effect the mortgagee may hereafter advance additional scum to the maters of aid Bad, their amps or successors in interest, which tuns shall be within the security of this mortgage the arise ar the funds originally secured thereby, the total antomut of priacapal debt rust up exceed at any time the original amount of this mortgage. DOW this day ofOti'ember A. U., lot 85 XW,. STATE OF NEBRASKA' ss. On this 16th d,y of November tv $5 before one, CO ("M (H' HAU the undersigned. a Notary Public in a cam slid for id County, personally e Steven H. Johnson and Ginger D. Johnson, each in his and her own TArght and °w s stn eac i other, are as trr be due Wndkid perm S �r g r1z affixed to the abervr tnserutnenw as moriliagow S an dy d tj-)ey wvwa admowilidw the aid ` r ",lumsty xt and deed. 4 j sG Seal ihr date afurcad sc t l fir 'VUIarV I'trh]k: V A ran as .