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<br />84 -:-002754
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<br />MORTGAGE
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<br />MORTGAGE LOAN NO, 1. 24 ,204
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<br />KNOW ALL MEN BY THroSE PRESENTS Thai Irene E. Forman, a single person,
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<br />Mortgagor. whether one or m0re. in considention of the IUDl of
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<br />.~ Thirty 7'hoUS~~___I!?L!Q9-==----==:-:-_==--:-------------------------llOLLARS
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<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska. Mortglgcc, upon 300 shares of stock of
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<br />said ASSOCIATION, Certifica'e No. L 24,204 ,do hereby gr.rnt, conrey and mortgJllC unto the said ASSOCIATION the followinw
<br />described real estate, situated in Han Counry, Nebraska"
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<br />The Southerly 62 feet of the Easterly 106 feet of the Nort:,herly
<br />Half (N~) of Block 'J\..'elve (12), in Windolph's Addition to the
<br />City of Grand Islan:l, Hall County, Nebraska.
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<br />together with aU the lenements. hel'cdilamcms -.Iud appUrlcmmces thereunto belonging, including attached floor co'Verings. all window 1CIeIIII.
<br />window shades, blinds. storm wmdows.. awnm~s. hea[Ifi~. ;ur t:ondltioning. and plumbing and water equipment and accessories thereto.pumpI.ltowes.
<br />refrigerators, a.nd tithe; ri:xtun.-:i and cqwprn.:m ii0W 01 heh;alicl atia~hed in Of useo m ronneclion with said reai estate.
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<br />And whereas the said mortgagof h.a~ ag,rct"ti and does. hClcby agree that the mortgagor shall and will pay all taxes and UIeIIIIleDts levied Of'
<br />assessed upon said premIses and upon tfu~ !l\nrq:~ag.t' ami {he bond ~cured thereby bt:forc the same shall become delinquent; to flllllilh. ~
<br />insurance upon the buildings un s.:Ju.1 preml~:\ '>lluatet.l !ll the sum uf.$ 30,000.00 payable to said ASSOCIATION and to deliwr--,to,lIid-
<br />ASSOCIATION the policies fot said msuralll;e~ l!;nd not tu wlOmit or permit any waste on Or about said premiscs~
<br />In case of default in the performance of any of the terms and conditions of thiS mortgage or the bond secured hereby, the mod.....-Ihd.
<br />on demand, be entitled to unmediat.e _ posseMiol1 of the mortgaged premises and t~ mortgagor he[~by assigns, tlOlDSfers and sets ,over- _ to< the
<br />mortgagee all the rents, fevenues aud UH.'Ume to be derived from the mortgaged prenuses during such tune as the mortgaae.indebtedoesa rhidI"maiD
<br />linp-.t.id; and the mortgagt..~ shall ha\'C the power to appoint any agent Of agents it may desire. for the purpose of repairing said. premilea .aIMt.reotiD&
<br />the same and collecting the rcnts, revellue~ aod Income. and il may payout of said income all expenses of repairing said premiles .and"""",
<br />wllunlssions and expenses in('urred in rt-nlUlg and managing the same and of collecting rentals therefrom~ the balance rernainin&. if :lilY; to ',be-'
<br />applied toward the discharge of s<ud l"umtgagt: indebtedness; the.sc: rights of the mortgage.: may be exercised at any time durift& the-existcace ofsudi
<br />default, irrespective of any rempoury y..a)"'~f of the same.
<br />These- Presents, huwever, ;:lH' upon the Condition, rhat If the s.ud Mortgagor shaH repay said loan on Of before the fDlturity of said shares by
<br />payment; {Yd.)' monthly to saiJ ASSOClA nON of the sum $pe-ciJied in the Bond secured hereby as interest and principal on aid loan..on odJCf,,"
<br />the Twentieth day of c-adl and every mouth, urHll ~Hd ioan JS fully patd; pay all taxes and assessments levied against said prcmiJes and on this Mortpp.
<br />and the Bond secured (hereby, h::fIJft: dchn\{ut'lh';:Y , furnlSh appro,"cd insurance upon the buildings thereon in the sum of S3Q , 00.0 _.00. plY'"
<br />to said ASSOCI A TION~ repay hl s.lIJ AS,,--OCIA TtON upon demand all money by tt paid fOT such taxes" asseuments and wSlWplCe with'inteint .t
<br />the m.ax.irnum legal rate thereon frnm d.ne d paymellt aU of which Mortgagor hereby agrees to pay~pem1it no wllSleonsaidpremiles;keepand.CO...py
<br />W~lh aU the agleementsand _Ctmdlhonsof the Bond tor 530..000.00 thiS day given by the said MortgalJO[ to said ASSOCIATION, and.co.y;
<br />With all the re-qwremenls ul the Constltuhon and By-Laws of said ASSOCiATION; then these presents sIuUl become null and void..,otherwile,tPey
<br />shan remain In full fora and may be ton..dosed aT the option of the said ASSOC'IATJON afteI failure for t~. months to make any of said.
<br />payments or be three months m aneah to makmg s.ua monthly payments, or 1.0 k.eep and comply with the agreements and conditions of.w Bond;
<br />and tdongagur agrees to have a u.;o,;t~lVe( <ippulOted forthWith In such foreclosure prot.:eediogs.
<br />If there is any change 10 t.lwuclsiup \.It [h~ r(3) estate mort.gaged herem, by sale or otherwue. then the entire. remaining indebtednea hereby
<br />~u[ed shaU. al the uption of The l-A~litabie Budding and Loan Associatlon of Grand Island, Nebraska. beoome immediately due and payable. without
<br />furthel ootl<<, and the 31ll()Unt remammg due under s..Iid 00(11.1, and any other bond for any additional ad\lU1ces made thereWldcr. shaU~ from the
<br />date of exercise of said option, heal mlClcsl dl the maxunum legal rc:lte, and (his mortgage may then be foreclosed to satisfy the amount due on said
<br />bond, and any other bond fOf additionai advances., IOgcthcf with all sums paid by said The Equitable Building and Loan ASlIOQation of Grand Island.
<br />Nebrdsk..a fOT ioswancc, (axes and aS5(':SSmc-ni~, anJ abstradmg .:xtension charges, with mterest thetwn, from date or payment at the II\IXimum
<br />legal rate_
<br />As pwvlded m th~ Bund SCL.UlCt1 hereby, wlule Hu~ mortgage femams in effect the mortgagee may hereafter advance additional sums to the
<br />makers of said Bond, their assigns ~'I sut.:;.:-c~n~ HI 1I!lerc-l>l, wluch sums shaU be within the security of this mortgage the same as the funds originally
<br />secured thereby. the lutai amowI! ,_J! prmclpal debt lwl to n..lXcu at an)' time the original amount of this mortgage.
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<br />Dated this 23rd
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<br />;t' '.]rene- t;;~FO~'
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<br />Ja} 0-1
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<br />1-lay
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<br />A.I),19 84
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<br />STATEOFNEilRASKA,{ ".
<br />COUNTY OF HALL I
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<br />On Ibs 23rd
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<br />day uf
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<br />~lay
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<br />1984 ,before me,
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<br />Irene E. Fonnan, a single person,
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<br />the unde-rmgncd. a Notary Public in .and fOf said County. penonallyc:ame
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<br />who is
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<br />personally known to
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<br />mt to ~ the idenLK;~J p:cr5()l1 wh-o;,c tll.unc: is
<br />ack,now\r;dgeU the wd tnstfuu~nl Hi!:k~ l~r
<br />,"'___'~_~ ."1TN1"~) my h3nd a~ !IW(iif;.>&J S~';l; lhe dah:' a.fori:s.;uJ.
<br />I ~crNt~..t~Jr~f!l~
<br />..l:iI'?~':\~"~;;S' '"M",; ~~7
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<br />aJli...1tcu tt' the a~JVe tn~.tfumecilt d~ [llort~&OI
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<br />llnd she
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<br />severaUy
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<br />",,'ium,u~' d..;t ami \ke-ll
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<br />~ l- '7
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<br />.),.
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<br />'Notuy Public
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