_,_ _.
<br />f ..~gs,~Qgs.(~.......... LOAN NO.
<br />MORTGAGE
<br />KNOW ALL atFN BY THFSE PRESENTS: That ....W]!~..L.+.._xaacek..apd...)Ie~ep.. E.,_Nascent, ............................
<br />~aeband sad Wife
<br />................._................................._..................................................._..._.....-....................................................... in consideration of the sum o!
<br />_Fiitp..~)la!l~E~..FAY..R.-~S4RIA>£.R7~...A.f11.1~.0...#ail...QQI.IQO."........_........~~_w _~~---.... DOLLARS
<br />in hand paid do e~....... hereby grant, seta and convey unto the EQUITABLE SAVINGS AND LOAN ASSOCIATION o!
<br />Gdumbus, Nebraska, a corporation, its successors and assigns, the following described real estate situated in ....._.._.........
<br />......~._........._...... County. Nebraska, to•wit:
<br />Lot Five (5), Bock Six (ti),
<br />DeRobert'a Addition to the Citp
<br />of Albion, Boone Cottatq, Nebraska
<br />Also, Real Estate located in Nall Couatp
<br />Lot Nine {g), Block Tttenty-three (23),
<br />Packer std Ban 's 2nd Addition to the
<br />City of Gratd Islatd, Nall Cotmty,
<br />Nebraska
<br />1 together with ail the tenements, hereditaments and appurtenances thereunto belonging, including attached floor rnver-
<br />trigs, all window screens, window shades, blinds, storm windows, awnings, heating and plumbing equipment and acces- ;
<br />series thereto, pumps, stoves, refrigerators, and other fixtures and equipment now or hereafter attached to or used in
<br />connection with said real estate.
<br />Said mortgagor lR..... hereby covenant .._._..... thattbQy...areswfully seized of said premises, that the same are fm i
<br />i from encumbrance, and said mortgagor ..0.... hereby covenant ............ to warrant and defend the title thereto against the
<br />j lawful claims of all persons whomsoever.
<br />PROVIDED, always, and these presents are upon the express condition: That, whereas, said mortgagor .p....., as
<br />members of said Association ha.X.0.. executed and delivered to said Association ...._.....t.~=. _ ..................... note in writing r
<br />to repay said sum of money above mentioned, with interest es to said note provided and in payments as set forth in said
<br />note, and all taxes and assessments on said promises and taxes an the mortgage before they become delinquent and
<br />~~ agree to keep said premises insured in favor of said AssoctaUon against loss by fire and extended coverage, and flood in-
<br />strrance, if regtured, each i^ the amount of S.SQsSQ.Q~Qa in a company or companies acceptable to this mortgagee with a
<br />loss payable clause naming the Association sad to deliver such policy or policies and renewals thereof to said Association. i
<br />Now, :Y tha said tnortgagory. shat pay or cause to be paid the said sum of money when due, as set forth in said note and
<br />j in this iestrumeni, and shall duly keep and 4terfarm ail the other covenants and agreements ont2lQiL part to lie kept and
<br />performed, then these presents shall be vad, otherwise to be and remain in full force and effect. But if default be ;
<br />'.. made in the payments when due on said note as therein agreed to be made, and such delinquency represents mom
<br />j than two monthly payments, which delinquency shat] incltgie delinquent real estate taxes, regular or special, irmspect- j
<br />ive of whether paid bS the Association and charged to principal or unpaid and a prior lien on the property, or in keep- ,
<br />ing the improvements on said promises insumd as above provided for, or in the payment of taxes or assessments of any
<br />y ratum on said promises or taxes on this mortgage before they become delinquent, or if the makers hereof shall sell
<br />i ar transfer the fez title to said mortgaged property than the whole indebtedness hemby secured shall immediately j
<br />become due and collectable at the option of said Association and this mortgage may then be toteclosed far the amount;
<br />~ due on said note, together with ail sums sa paid by said Association for insurance, taxes, assessment, upkeep and re-
<br />parra, witb interest on the total amount Iran date of such election at the highest rate then allowed by the laws of the i
<br />i State at Nebraska.
<br />4
<br />~ In case of a default in the pedormanez of any of the terms and conditions of ibis mortgage or the note secured
<br />hereby, the mortgagee shall, on demand, be er.L;tied to immediate possession of khe mortgaged premises and we hemby
<br />assign, transfer and set over to the mortgagee all the rents, revenues and income to 6e derived from the mortgaged
<br />~ practises during such time as the mortgage indebtedness shall remain unpaid; and the mortgagee shall have power to
<br />' appoint any agent or agents tt may desire for the purpose of repaznng said premises and of tenting the same and collect- +
<br />ing the rents, revenues, and income, and it may pay out of said incomes all expenses of mpairing said promises and
<br />nac+essary rnmmissions attd expertsas incurred In renting and managing the same and of coIltcting rentals therefrom;
<br />the balance remaining, if any, to be applied toward the discharge of said mortgage indebtedness. ~'.
<br />' The note secureYl hereby provrdes that while this mortgage remains in effect this mortgagee may hemattet ad-
<br />canoe additional sums to the makers rtf said note, their assigns ar auccessars in interest, which sums shall be within the
<br />seaurtty of this mortgage the same as the funds originally secured thereby, the total amount of principal debt eat to
<br />c!xs.~c-d et anytiae rite original amount oY this mortgage.
<br />y IN LVITNESS wAEREOF, the said mcrtgagor...y.- ha.XR. set..tb,01L.... handy..... the ._._...2.T.th.....,..._ .... day of
<br />2
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