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<br />MORTGAGE ~*nq •~~J t~ ~ O v y
<br />MORTGAGE LOAN NO. L. 24, 7 RS
<br />KNOW ALL MEN BY THFCE PRESENTS: That Jerzy E. Thorne and Beverly A. Thorne, each in his aid
<br />her Ctar1 right and as spouse of each other, Mortgagor, whether om or more, in oonsaderataon of the stun of
<br />Tlacant~Thrvt__ ~~rr3_arrr7~100----~-_`~- ------------------`--`-`--`--~~~~~~_-DOGLAR3
<br />loarted to said mortgagor by The Equitable BuiWirrg and Loan Assoctiation of Cnnd Island, Nebraalca, Mortgagee, upon 200 shares of stodt of
<br />said ASSOCIATON, Certifiate No. L 24,1$5 , do hereby grant, convey and mortgage unto the said ASSOCIATION the fo0otving
<br />described real estate, situated in Hall Caumy, Nebraska:
<br />The South Forty Six and Sixty Six Une Htuldredths (S46.66) feet of the North
<br />Ninety Three and Thirty Four Htuldredths {N93.39) feet of the East Half
<br />of the North Half (E~,N~) of Block Thirteen (13) in Pleasant Hgre'SUbdivision
<br />of part of the East Half of the Southeast 9uarter (E'~SE`~) of Section Twenty
<br />Une (21) 7bwnship Eleven (11) North Range Nine (9) West of the 6th P.M.,
<br />in Hall County, Nebraska.
<br />together with a6 the tznernents, bereditaments and appurtenances thereunto belonging, including attached Ooor coverings, all window screern,
<br />windaw shades, bonds, storm windows, awnings, heating, atr conditioning, and plumbing and waterequiptmnt and acces,ories thereto, pttmpsstoves,.
<br />refrigerators, and other fix[wes and zyuipment now or F,ereafter attached to or used m connection with said real estate.
<br />And whereas the said martgagor has agrzed and daes hereby agrex friar the mortgagor shall and will.pay all taxesand ageabtenfs-kvied~or-..
<br />assessed upon said premises and upan this mortgage and the bond secured thereby befare the same s1iall become deliegirent; to Furnitlt:spptoved:----
<br />insurance upon the buildings on said premises situated in the stun of S ZO, OOO.OO payabk to said ASSOCIATION and to -delirai _to-laid:-. - - -
<br />ASSOCIATION the policies for said insurance; and not to r;omnrit ar permit any waste on or about said premixs; - - - -
<br />ln case of default in thz performance of any of the terms and cunditsans ofi this mortgage or the bobd teaued hereby, the motlgagse s1iaB,'~
<br />on demand, 6e entitled to immediate possessimt of the mortgaged premises and the mortgagor hereby assigns; [ransfen and--seta: Dyer ta',the
<br />tortgagee all the rents, revenues and incottM to be derived from the mortgaged premises during such tirrte as the rrioRgage indebiedhes,thill reniarl
<br />unpaid; and the mortgagee sha0 have the power to appoint any agent or agents it nay desire far the purpose of repairing-slid pretises-and renlirrg
<br />the same and callerling the mots, revenues and marine, and it may pay out of said income ail axpertses of repairing-said -premises sad ~neeessuy
<br />cammisvions and expznses incurred in renting and managing the sabre and of oolk~King rentals therefrom; the bahnce rerttaining;.if any, to.be- -
<br />apptied toward the discharge of said mortgage indeblednzss; these rights of the mortgagee Wray be exercised at any firm during the eriiNeneeof nth
<br />default, irrespective of any temporary waiver of the same. - -
<br />These Presents, hawzver, are upon the Condition, Ttut if du said Mortgagor shall repay said loan on or before-the-matwily of said~shates by
<br />payment; pay monthly to said ASSOCIATION of the sum sperified in the Band secured hereby as interest and principal on said Iwo, on or befom--
<br />lhe Twentieth day of each and every month, until said lawn h fatty paid; pay a6 taxes and assesarmnts kvi~ against said premisesandaa this Morgggte
<br />and the Bond szcwed thereby, before delinyuzru:y; furnish appraved insurance upon the buildibgs thereon in the win of S 2O, OOA-. UO'--. payabk
<br />to said ASSOCIATION; repay to said ASSOCtAT10N upon demand a6 mocey by it paid For such taxes, assemntents anal inwnnccwith interssfat
<br />the maximum legal rate thereon from date of payment a6 oC which Mortgagor hereby agrees to pay;.perrrdttw W93tb on saidpremisepkeep.and ooinply- -
<br />with all [he agreements and conditions of the Bond Cor 3 20 000.00 this day given by the said Mortgagor to asid_AS40CIATION, and comply --
<br />with all the reyuirentents of the C'onstiwtion and Bylaws o~said ASSOCtAT10N; then these presents shag beeonte null .and void, otherwise thsy
<br />shall remain in full Cosa: and may be foreclosed at tttc optiwt of the said ASSOCIATION after failwe for this rnontha to make.any. Of said -
<br />payments « be three months m arrears m making said nwnthly gayrrterrts, ar to keep and comply with the agreementaand conditions of saidd3ond;
<br />and Mortgagor agrees to have a receiver xppoin[ed forthwith m such fnrecloswe pruceedirtgs.
<br />If there is any change in owmrship of the real estate mortgaged herein, by sale of otherwise, then the ebtire rentaibing indebtadmas:lureby
<br />secwed shalt, at the uptian oCThe Egtiitabte Building and Loan Association of Crabd lsland,Nebraska,become immediasely-due aod:payabklvthout
<br />fwther notice, and the amount remaining due under said bond, and any other bond for any additional-advanats trade theretttsder, shall;;ftom the-
<br />dak of exercise of said option, bear interest ai the maximum kgal rate, and this mortgage may then be foreclosed to nlisfy the amour;-dm on raid
<br />bond, and any other bond for additional adrences, together with all sums paid by said The Equitabk Buiidrog and Loan Aaweiatiun of Grand Inland,
<br />Nsbraska for inswance, taxes and assessrrtents, and abstracting zxtension charges, with interest thereon, from date of payment at the rttaximum
<br />kgal tats. -
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee may herpfter advutce additional sums to the
<br />makers of said Band, their asigtts or successors ir, Interest, which sttrns shalt be within the secwity of this mortgage Ute same as the foods originally.
<br />secured thereby, the total amount of principal debt not to exceed al any time ttte taiginal arnaunl of ibis mortgage.
<br />Dated [his Z2nd day of Fehruazy A. D., I9 $4
<br />y TF~rrie'-
<br />STATF, OF NE 'KA, ~ sa. On this 22nd day of February 79 84 , before rm,
<br />COUNTY OF IIwLL
<br />the undersigned, a Natuy Public in sttud for said L'ounty, persotttUy amts
<br />Jc~zxy E. Thorrte and Beverly A. Thorne, each in his std her avert rigwfto~ ~ perso~oaByknownaCh
<br />vu?rirr
<br />me to isc the idenYicad pexsan 8 wtrasv iwnre 9 erg afltacd €o the above instrumertt as mortgagor S and they severally
<br />ar#enowkdgraE the said lnsirutttsmt ea be thal.r wluutary act amt. dezd. r'`'~"'\ I
<br />fk'1TN6S5 trty band artsi NntarisJ Seal the lose afaresaid. i ' =~
<br />My C=nrsm.isvarri axpuw,s ~'~'~~ rf ~ `'°
<br />was m ,/~.,.s.-.°~ ' s'~-_, '~r'~`.,7 ~ ,.,., .~ ""~ ...Notary Potato...-.~,
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