|
<br />33- 004467
<br />
<br />MOlUGAGE
<br />
<br />MORTGAGE LOAN NO.L 24 ,140
<br />KNOW ALL MEN BY THESE PRESENTS: TMt Charles H. LongfellOW and Grace L. Longfellow, each in his
<br />
<br />and her own right and as spouse of each other, Mortgagor, whether one or more,in consideration oftbc swnof
<br />Thirtppn Thnll~nd and no/]OO-------~---------------------------------------------DOLLARS
<br />loaned to said mortg:agor by The Equitable Building and Loan Asoociation of Gtand Island, Nebr.tska, Mortgagee, upon 130 shanlcof stock of
<br />said ASSOCIATION, Certif1Cllte No, i24,140 ,do hereby grant, convey and mortgage unto tbc said ASSOCIATION tbcfollowlng
<br />described real estate, situated in Han County, Nebraska:
<br />
<br />Lot Seven (7), in Block One (1) in
<br />
<br />Boggs and Hi 11' s Addition to the
<br />
<br />city of Grand Island, Hall COunty, Nebraska.
<br />
<br />together wnh all the tenemcn(s~ hereditaments ;:md appurtenances thereunto beJonging~ including attached floor coverings~ all window screens.,
<br />window shades, blinds. storm WindOWS. awnings~ h~ati~. au (,.'onditioning.and piumbin~ and water equipment and accessories thereto,pumps,sto~
<br />refrigerators. and o1hcr fixtures .and equipment now Of hereafter attached to or used in connection with said rcal estate.
<br />
<br />And whereas lhe said IlIOllgilgt>r hu ogreed ami does hereby agree thaI Ihe mortgagor shall and will pay all laxes and assessments le>icd or
<br />~ upon said J'f"mioes and upon Ihi>; morl~ and lhe bond secwed lhereby hefore lhe same shall become delinquent; to furnish aflllllM'l!
<br />insunnce upon lhe buildinp on said J'f""""" "'Iualed in lhe sum 01 $ 13,000.00 payable to said ASSOCIATION and to dcJner to said
<br />ASSO(:tA TION the pulicies for said insuuUlce~ and not to commit 01" permit any WUle on Uf about said premises:
<br />
<br />In case of defaull in the p"rfnrmance of any of Ihe terms and conlbllOns of this mort~ or lhe bond secured hereby, the mortga&ee shall,
<br />on demand, be enhUed 10 Immediate possession of the luongaj\ed prem..... and lhe mortgagor hereby assigns, transfers and sets 0_ 10 the
<br />mortRll&"O alllhe rellts, re,.",,,,,,, and income to he deaved from the nlOrtgaged pre.."""" dunng mcb lime as tbe mortgage indebtedness shall remain
<br />unpaid; and the mort-gagL-': shall have the powel to appouu any .agent OJ agents. it IrliilY desire for lhe purpose of repail:ing said premises and renting
<br />the same and l.-"oUechng (be Ients~ revenut'.s and inc.uUlt. and it uuy p.1:y nUl vi saKI income: aU expenses of repairing said premises and necesary
<br />(,.'OOlRtJSSit."}fiS and expcn$Jt'S Incuned in Je.nting ,anJ tnanagmg lhe ~nc arn.l of l.uikcting rentals therefrom; the balance remaining. if any. to be
<br />appUed lowaid the dischafK~ of sajd murLgilge jndebtedness.~ these rights of the mofigager may be exercised at 3.Ily time during the existence of such
<br />default, in("spe(tive of any temporary waiver of the wne.
<br />
<br />Thek Present:-., how-ewr, all: IJpon the COnWtlOfl, lhat If the .~utl Mortgagor shaH repay $./Itd loan on or befol"e the matw-ily of said shares by
<br />payment; pay moolhJy tQ sa.id ASSOCI A nON of the s,um ::;,~(.'int-d 10 th~ Bond secund hereby as intctest and principal on said loan, on or before
<br />the Twentieth day of each anu eve.)' month. until said loa.u ,~ fully paid~ pay a.U taxl':$ ~mJ M:Se-ssments leyled aplnst said prel1lise$ and on thJs Mortgage
<br />
<br />and lhe Ilond. se.;ut<<llher<by , hefore Jelm'luenq ; furnISh appfO..o ...s..n"'.,. upon the buildmgs theleon in the sum of S 13,000 . 00 payable
<br />10 saId i\SSOCIATlON; rep.oy to!llUd ASSOCIATION upon demand all mun"y by l! paid for.uch taxes, a_nls and in.urance with inlerest at
<br />the maximwu legal (;H~ thereon from dale of pa}'n~1lt .aU oi whkh MOltr.agtJr heteb)' .agtcei ItJ pay ~ permit no waste on said premises~ keep and comply
<br />
<br />WIth an the agt""melll' and condlllOns of Ihe /lond for S 13,000.00 this llay gillen by the said Mortgagor to said ASSOCIATION, and comply
<br />w,th alllhe re'lwren..:nt, of the Constitution ....1 lly.Law. of said ASSOCI A TlON; then the", p,,,sent. shall become null and void,oUlerwise Ihey
<br />shall ,emam m full fotee and rn..y he flllecloscd .t Ihe "plion "f rhe "",d ASSOCIATION afler f"ilwe for Ihree monlbs 10 make any of said
<br />paymcnt.s or be three munths in .3.Ut':ats. m nutkmg. said monthly payments. Of 10 keep and comply with the agruments and conditions of said Bond;
<br />and Mortgagor agrees 10 have a receive!' appuit1u..~ fOfthwlth in such foredoswe pnx:<<:ilings.
<br />
<br />If Ihere is any change m nwnr:I.lup of lhe real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />...."Ured shall, al the option of The Equitable Building and loan Association of Grand island, Nebraska, become immediately due and payable without
<br />further ooUce. and lhe amount remaining, due under said bond, and any' other bond I'm any additional advances made thereunder, shall, from the
<br />dale of exercise of said option, bear ,nt<lest at the =ximwn legal rate. and lhis mortgage may then be foreclosed to satisfy the amount due on said
<br />bond,and any other bond I'm addilional"dvances, together wilb all.urns patd by said The Equitable Building and Loan Asoociation of Gtand island,
<br />Nebraska 1'01 insurance, taxes and asse:wnelltS. and absllacting extension charges. witll interest lhereon, from dale of payment 01 the maximum
<br />legal rate,
<br />
<br />A>\ provided in the Bond S<<:UfL'<I hereby, while Ihis morlgage r<maw 1Il <Oeet lhe mortgagce may bereafter advance additional sums to tbc
<br />""IS of said Bond, their assigns "r su=s.otS in in ICiest , wlUcll sums shall he wi!hin the secwity of Ibis ItIOllgage the same as the funds originally
<br />~d then:by, ~ ~otal amounl of prin<:ipal debt lIot 10 excud at any lime the original amounl of tho mortgage,
<br />
<br />. ." 16th day of August A. n., 19 83
<br />
<br />
<br />STATIIOf'.NEBRASU'{
<br />os,
<br />COUNTY Of' HAll.
<br />
<br />Olllhis
<br />
<br />16th
<br />
<br />day of
<br />
<br />August
<br />
<br />19 83 . before me,
<br />
<br />the wldersigned, a Notary Public in and for said County, p""onallycame
<br />Cbar.les H. Longfellow and Grace L. wngfellow, each in his and her ~ right and as ~ of
<br />~ otherl are llCl1\lIlIIIY
<br />J!le 10 be the liJmItiQl penon I> w\l(>se name 5 are affixed 10 tile obuve irutrumenl .. mortgagor S and tl1ey severally
<br />adalowieilaed the said irutl_t to It., their voluntary ."t and deed.
<br />WlTNliSS my hand and Notarial Seal the date aroresard.
<br />My , '..... .... ..... ... P'1.. ... ... /rJ /::1
<br />UIlUAlIlOlAllY - ....I '"'
<br />JOANNE G. IlOIJSH
<br />'C. M'~ t:1'!'1Io1'l1 rlt'1 lfo~,' t1't '~..i '
<br />
<br />
<br />(A.~
<br />
<br />// j//) /
<br />. L> ,L.:i,:rtL.scu~_
<br />Nllt..y Pubhe
<br />
<br />"'hl-JMI<I
<br />
|