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<br />83-001096.
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<br />MORTGAGE ~AP L 21.116
<br />MORTGAGE WAN NO, L 74. 07R
<br />ICNOWALLMENBYTIJESEPRFSENTS:'fhat William H. Bilslend, a single person,
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<br />Mo~. whether one or more,in ~ of the ......of
<br />Six Thonsan:! Five Hundred and no/lOO----OOlLARS
<br />Ioaood 10 !lid mortpgor by The Equitable BIIi.Idm& md Lu3n Association of Grand Island, Nebmka. Mortpgee. upon 65 sillies of stoct of
<br />said ASSOCIATION. Certif'x:ate No. L ,d.. hereby gJlU11. ''''''''''Y and morIp&e unto the said ASSOCIATION the followiDc
<br />de"aibed real estale. siluated in lI"n C..unty. Neb"""'a;
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<br />'rhe Northerly Eighty-Three (N83.0') Feet
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<br />of IDt Four (4), and the Northerly
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<br />Eighty-'fhree (N83. 0 ') Feet of the
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<br />West Half (Wlj) of IDt 'rhree (3), Block Four
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<br />(4), First Addition to Wood River, Hall
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<br />County, Nebraska.
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<br />IUFlher wilh all the tenements. hemlitmnenl" and appurt""""= lhereunto helon_, .oeluding allad1ed I100r ~. all window screens,
<br />window _. blinds, storm windo..... awn''''''' hcalill!\, .IT conditioning. and plumbtll!\ and wat.r equipment and ocoessorios lherelo, pumps.slO......
<br />refrigerators~ and other ftXlutt.s and equipment oowor nerc.aftet attached to or liSed Ul ccmnectiol'1 with said real estate.
<br />And whereas tlu: >aid mort_" has agreed and does hereby agree ,hal Ihe mortgagor shall and will pay all lUes and assessments 1evied or
<br />assessed upon Wd premioe. and upon Ih.. ""'rtgage and lhe bond secured Ihe..by before ,he same: shall herome delinquent; to furnish aJ>ll"M'd
<br />~ upnn the buildingt on ..... 1".,.....,. sit...lcd m lb. ..,m of S 6, 500 .00 payable 10 ...jd ASSOClA nON and 10 del""'r I.. said
<br />AS..i)(X~IA nON the policies fOl ~ msurance; and nol 10 -comnnt or permit any """astt" on Of about said premises.;
<br />In """" ..r defoult In ,he perfo"""""" of any of ,he 'etms and conditions 01 tlus mol1_ or the bond !II:CUled hereby, the mortpgee shall,
<br />on demond, he ""ti.1ed to .mmcdiate ",.-n of the mori~ p<fi_ and II>< mol1~agor I><reby asigns, 'mWers and ..IS 0"" 10 the
<br />morttlllll"< all the r""I!, <<,",m,es and inco...e ... he deri'led from lhe mortpged prem""", during such t~ as the mortgage indebtedoeu shall remain
<br />unpaid; ;md the muctgap 5l'W1 fu:\IC the p.iWc."r to appoint any agent Of .,\ts H may desire for the purpnse of repairing said premises and renting
<br />the same md cullet.-tlng the rents, r~nues and income, and it may payout of said income all expe-r-.st$ of repairing said premises and necessary
<br />~ns and e"xpcrnes incurred 1ft renta.ng and JJ1.1UUI.&ing the same arn.l of \.':OUectmg rentals therefrom; the balance remaining~ if any. 10 be
<br />applied toward the disclwge of said mortg;:lge indcbtednes".: t~ righh 1)1' th~ mort-Pgff may he exercised at any lime dWing the existence of such
<br />def.ult, irrespectM of any lemporary waiver of the !iIJ1'le.
<br />TheY Presents, hOWellef. are upou the ConditIOn. Th.11 tf the ll3Jd MOI1~f shall tt'pay uid loan on or before tbe matmity of said shares by
<br />payment; pay roonlhly to ;aid ASSOCIA nON of II>< sum >p<ci11ed lR .he Ilond .ectKcd hneby as interest and principal 00 ;aid loon. 00 or I><fOR
<br />the Twentie1hday of <adr and """'Y roonth,unlil Wd loan rs fully paid; pay all lUes and_IS 1eviedapinslsaid premisesmdoo this MortBfllt
<br />and II>< IIood !II:CUled rhe<<by, I><fOJe delinquency; f..mrsh appro'led l~upon lhe~ thereon lR the sum on 6,500.00 payable
<br />.o;aid ASSOCIATION; r"P"Y 10 !lid ASSOCIAnO,,,, upon de-...! aIlmorry by " paid f,,, mdltues, _Is and imuratlCll with int..... at
<br />lhe ......imum Iepl "'te the,,,,,,, from dale of paymeOl all of wInch Mo"_,, beTehy "IV"'" I.. pay; pemUl no wal. on said premiscs;keep and comply
<br />with all I... _I> and condition. "f lhe Ilond IOJ S 6,500.00 thu day 1I",,,n by lhe >aid Mnrt_ 'n ;aid ASSCX:IA nON, and oomply
<br />wilh all the reqlliremtnt. of the C"""litUlion and 1!y.J..aws of wd ASSoCIATION; then .heoe pr<oenU shaII beoome null and YDid,otherwiJe they
<br />shall remain in full foroe and may he fo,edQoed '" II>< opcion of the _ ASSOCIATION afteT fadwe for Ihree monlhs 10 mal<e any of ;aid
<br />poyments or he tlull< months '" arrear. .n mlllulIl! said monthly paymenl>, o. 10 k<<p and cumply WIth the _11 md condilions of...iII Bond;
<br />and Mo.tMOJ ...... to haw . r_;,.,r .ppumlcd fmthw..h m such fDled..."",. p<~.
<br />II there is any chanF III OWI><rship of lhe leal estate mortPFd ""'em, by .... Of othe......." then the ""1m: remaining indebtednea I><reby
<br />socured shaJl, at tl>< option of TIle Equitable Building and Lu3n Associatiuo of Grand Island, Neb..... bca.>me immediately due and ..yable withouI
<br />fwtlIet notice, and lhe _I n:rnairuns d... undn..iII boDd, and any othc:r bocdfolmyodditionaIadftDCeSmadethereunder,shalI.fromthe
<br />date of exercioe uf >aid oplion, bear mleJ_ at the mulmum Iepl rat., and this rtIOllllIIiC may thea be fon:closcd 10 satisfy tbe amount due on !lid
<br />bond.and any otbet bond f", adcIiliooal advaaca.l~ with all....... paid by !lid TIle Equitable lluildiD& and Loan Association of Grand Island.
<br />Noln*a fOf iDsoarwKc, llllt<S md............u. and ~ <xteminn charll"S- with intc<esl: thereon, from date of paymenl at the mulmum
<br />IopJ rate,
<br />AI proYided in the Bond .,..:..",01 heRby, while this l1JOf~,_ m effect the morlpF< may hm:afllll' ad"""" additional sums to the
<br />........ of said 1loN1, tbeir ...... Ol _ m inlerest, ...Iuch ....... shall be WllIun the security of this morIp&e tbe ...... as the funds oripWly
<br />-..red thcrdly, the total_ of priDci.. debl !lOt 10 exaed.. any rime tbe oriImal amount of 11m "","-.
<br />Dated this 25th ....yof . February A. D.. 19 83
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<br />STA11!OF NEIIIlASU.l..
<br />COOIft"( OF HAll (
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<br />On this
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<br />25th day of
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<br />February
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<br />19 83 ,before me,
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<br />William H. Bilslel1C!, in hlS own right,
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<br />lhe uacleniIned, . Notaty PubIic: in and for said County, penooaIly came
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<br />who l.S
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<br />penooaIly brown to
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<br />... to "" tho ido8tiaII ..... ...... _ l.S .rr.."" 10 the abme 11.lIlJ_ .. '-'_1
<br />__..II..... list _ --.- 10"" hla Yl1I1attw} 0<1 and deed. "'.
<br />'lTNF.SS QI} hand and ~ SolaIlhe date llf.....ud,
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<br />and he
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