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<br />84- 003467
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<br />MORTGAGE
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<br />KNOW ALL MEN HY THESE PRESENTS 1'11"!
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<br />MORTGAGE LOAN NO. L24. 227
<br />Robert L. Davis and Adrianna K. Davis. each in his and
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<br />her own right and as s~se of each other, Mortgagor,whdheroneormore~inconsideT3tionofthesumof
<br />___ Forty 'I\'lQ._thQ1.l5an,:tand..JI0J.l_QQ-_~=::~:--=_,,:::~::::~:::.::,:,____,::::::_,:.,::-=-=----===::-===--:-------------::._ DOLLARS
<br />loaned 10 said mortgagor by The Equitable BuiltHng and Loan A5sociatton of Grand Istand, Nehraska, Mortgagee, upon 420 shares of stock of
<br />said A5..l;)OCIAll0N. Certit'k3le No_ 1. 24,227 , do h'~rcby grant, convey and mortgage unto the said ASSOCIATION the fonowing
<br />described real est<lte, situatf"d in Hall County. Nebraska:
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<br />Lot 'IWenty two (22) in Westroads Estates"Fourth
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<br />subdivision, Hall County, Nebraska.
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<br />together with aU the tenements, hl~redlt;Hnem'i and _ar.)punenance~ l~lereUll.tn bejonging~ including attached floor coverings,~_all-~driw,_~,.~
<br />window sh3de-s, blinds, :Storm wmdow$. il\'o'flm!,'.s,. h~allI1g, all cum1iltunmg..and plumbing and water equipment and. accessories theretoj,p~~st~~;" ',;
<br />refrigerators, and other fixtures. and ('t!UlpmCIH nuw or here-after att.ached to or used in connection with said real estate.
<br />And whereas the said morlgag,-H h3S aglt:ed :ami dues ncteby agree that the mortgagor shall and will pay. all-:.tax.es,.~d.,~!'ts..~f.Oi::f:-."'.:
<br />assessed upon said premi~s <loJ up1:-:.n tfllS mortgage and the iH)Jld se-cured thereby be-lore the same.shall becqm~. delli1quent;.to.;r.Ulli~:~.Ii:~Wpl:~:~d:(,:.
<br />insurance upon the buildmgs on $111\1 pr;:mlliesSJlluHed in I.hC$UlUuf$ 42,000.00 payable to ,said ASSOCIATION:an,d:.tO'-deliver.',t()~~:_.
<br />AS.."iOCIAT10N the policies for smd msmal1ce; -alul *.'1 w commit or permit any waste: on or about said prem.ises; -
<br />III case or de~ault in i.'le periormllHCt: uf ,toy ierms and conditions. of this mortgage or the' bond secured heteby~;.the::~~~:~'~.1:'.,<.." 'r ".
<br />Of} dcrmmd, he t;':oiltlcd HI Imm~dl<itey()ss:ex.:~\I.m . mtJrlgag~d plemjses and [h~ rnoflgagor. hereby assigns. tr2J1.sfers :an.4::3~ls.;-::.o~r;~t<>".:_~f>i..f
<br />mortgagee alllhe rents. n~venul'S and mC0ln': 10 be ueu:,'ed from lhe lUortgage.d preuuses dwing such'time as themort~:indeb~.shalLteJ~ia~>.~'-
<br />unpaid: and the mortgagee shall have thi.' flow~r to ;~ppi-,mt any agenl \)f agents. it !nay desJre ,for the purpo~ of repairiDg.,said:pretnis!=s~~d:.~t.,
<br />the same and l'-OUecting the ,r(,!Hs, f~vernJt:~ ~nd lrl<:omc. and it may payout of ~.:i1d income all. expenses of repaUing,,,said.,pre~o;anli;.~,.;..
<br />cunuuissi",O$ and cxpt:nsc-:s U!cll.lIed in l('flllng .;mJ managmg Iht: :i:ilJ}i: and -of collecling rentals therefrom; the balance rema.ining-..)f:--:anY:;"t~.:,.bfr<>
<br />applied toward the dlSL.~halgc ,)-t '\alii nmrlgagc .mddJlel.hlt-"SS~ thcSl~ rights of [he mortgagee may be exercised at any.time during..thcr~xisten~p;:.S':l~."
<br />default, irrespective of any tcmpPl:-ir}" W<il'iCT vI the same .
<br />Thesc P'resc-n!s. h0WCV~I, ~,h: upon the C,w~li!ion, That if the saj,j MortgagOl shall repa)' $aid loanon:or befo(e the"mUurlo/.:,?~~.~.:~~':~~t
<br />rayment~ pay rnomhly 10 ;.,-Ultl ASSrX'lATlON of t,he smn. :specified .In the Bond sccured hereby as imerest and.princ;ipalon'$llidJqa~;:pn.<!r::~w~.{';
<br />the Twentieth day of each and ~\'C{y HkJi\lh, IWI..! ;;.;.U~ Joan IS ruUy {Yd~; pay. all tax(:s- and.assessID.ents levie4~. sai~tpre~, ,",d~n';~~~'~~~~i~'
<br />and l,he Bond se;,:ufeJ thereby, bclore Jdlfii-Jucn~'.} ;,'un;ish approved msurance Ul)OI\ lhe buildings lh~re-onin !lIe sum of.$42'J:900 ..:.QO~".':" ."..~~~~;,,~;-~,:,
<br />In Sald ASSOCJATION: repay !ll :>-'llJ ASS.(~:'1/\T!()N upon demand all money by. it paid-fOf such. taxes. asse~rnents.and',in.~~,Jrith:~te~'.:at>,-,:
<br />the maximum legal ratc (hereon flom dat,: lit pa) inl'm a!i o( wll1ch Mortgagor hereby agrees to pay; permit no wute.on-said <: '. .::<.".~,
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<br />with all th~ agreements :'lfld ('tHl..i!Ill.)flS (if tho(, Bond il-_)f $- 42 {O~)Q. 00 this day given by the -said Mortgotg91 to,s,3i
<br />with aU the requuements of rht~ (.\H\Smutll,)H ,<111-11 By.La\\'s of s.Hd ASS(KIAll0N; then these prese-nt$:sha,ll,become.
<br />shall remain in full force and may be io;-edos.;:J at the option of the said ASSOCIATION a(ter . failure for:,.tmee"moi1W.;i:,t.o,,'~
<br />payments (lr be Hue.: months in atfl~;;H5 ill m<tking said monthly payments, or to keep and'.comp-ly with the agrc;eInen~.and,oop.di,~'
<br />:;.;;~ ~,1..1~~~b:':'~ ..t;....:..:.:.;v- ;-.......... ,..'......;~'-; -tPP'..>I"'''''': ~Ul~;l"";~;' iu "Ll"'~l j'L'I(;l..tU:lUIC lHOCIX#.lings,
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<br />If there is any change in owut.lslup of lh~ leal estate- mortgaged h~.cein. by, sale- or. otherwise, then. tnc: en~~' re~ :.-~~.t~~..~~ij~y~: "
<br />secured shall. at tht." option of The Equitable BUilding and ,Loan Associ.luiOrl of Grand bland. Nebraska.., becomeimtt.le~t-e1Y'.4.~..aq.~'paYI!h~',wi~.ty-
<br />further notice, :md the lUW:1Uflt remai.nu1.g dul:' under satd hond.. -and any other bondfo~a:t\y.ad4itiona)..advan(;tS.~4~thert':~~~:shalkf~llt,~,
<br />date of exercise of said optJOfi, hear jnten:st <It {he- maximum legal m~e, and this mortgage. may then be, foreclo~d.to satiSfyJ~..~o~t d~::9lt'o~.li~L
<br />bund,and. any other bond for additional advances. wgclher with all sums paid by said The Equitable. Building and Loan.A~~Qn,.~rGrit,ri4:~sljUJ4~<
<br />Ne.braska for insurance, {axes and a~ssments. and abstractmg extcns.l.oH ch<!.rges, \l,'ith tnt<!rest thereon, from date. of.payment at.~t1i~.Jna~1!m
<br />legal rate.
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<br />As pHwided in the Bund S-Ct:ure-a her<cby, wh.il-c thts mortgage remains in effect the mortgagee may hereafter adVaIlce additi(mat,suins.tl):')he.
<br />ma.kers of said 'Bund. their JSs:igllS Jlt $UC;xssors in interest, which sums shall be within the security of this mortgage the.same as: the.fUD~'o~
<br />secured thefCby, the total Olrnout1llJl princip.ai dctH nu!: io excced at <tny time the original amount of UUS mortgage.
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<br />/.~ated tIll'S ,/. 0,;]), \)t '----...1 i-"l'~ A. f)., 1;)
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<br />J.anna. 1$
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<br />ST ATE 01" NEBRASKA,I
<br />COUNTY OF HALL i ".
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<br />On ~lu~
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<br />A~ d.ayof
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<br />19 84 , before me,
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<br />the unucrsig.n(:u. a Notary Public JJI and rot'. said (()lOlty, pe(sonaHY~
<br />Robert L. Davis and Adrial1l1il K. Davis. each in his and her own ri'l!At ana- rde as ~li!Ty f,/l,wn to
<br />each other.
<br />JllC u} bt Iht idt;"nt~ca} i:oc:-r~:>!l 5 Wh':h(' ll:':W~): S a.re ilfhxt'd to tht, aboH' hl$Uument;c; mortgagor S and they severally
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<br />;l{J:,ouwltdlJ..'d the '34H~ :tJ'~~.l..rmliX'llt It! !\t thelr ~ .l ),. l '"} t'/" <ifh'. "ed "
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<br />(<~ t ! t~';.~.. ,::;-:; My COrM!1- t;p. Dee 11, 1ger- .
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