|
<br />I
<br />
<br />cl4 _003565
<br />
<br />MORTGAGE
<br />
<br />r
<br />
<br />MORTGAGE LOAN NO, .L. 24,229
<br />
<br />~
<br />
<br />KNOW ALL MEN BY rmsv PRFSFNTS. Th>t Steven R. Grams and Nancy A. Grams, each in his and her
<br />
<br />CMn right and as spquse of each ot~r, Mortgagor, wbether one or mOft',in consideratioJ1 of the sum of
<br />8evEn:t.Y-'ThU-TWl.l5aOO_'I'wP li~~... ~_.I}Q! ).(!Q___-=-:::-:::-::===.:::::.=======-=--====-===. DOLLARS
<br />loaned to said mortgagor by The Equitahle Bl:litdin~ and I.uan AS$O{.'13,ion of Grand Island, Nebra'Ska, Mortgagee. upon 722 shares of stock of
<br />said ASSOCIATION, Cer1ifi",ate ?'In. L 24,229 " do hereby grant. (:onvey :and mortgage unto the said ASSOCIATION the foDowiog
<br />described TC-at estate, ~ifua(ed in ! lall (\~1lflty, Nehf3<;ka
<br />
<br />All of Lot 'Th<J (2), in L-K Sutdivision, in the City of Grand Island,
<br />
<br />Hall County, Nebraska.
<br />
<br />together with .:ill the tencrnems, hCTedltamCTHS J.nd appuftenant-'e& thereunto belonging" induding attached floor coverings~ all--window screens,'
<br />window shades. blinds, storm wimlt.'Jws. ;iWf\!:1g:.!.. healing, ,ur cnndit.i;.Jnmg. and plumbing and water equipment and accessories thereto~pwnps~stows,
<br />refrigerators, and olher fixtures Jilld eqUJf.irHt'!H flUW ur hereafter au.acheo to or used in connection with said real estate.
<br />And whereas the sajd mortgagor has agrec-d J:IJ docs hereby agree {hal the mortgagor shall and will pay all taxes and assessmcntsJevicd_:_or
<br />assessed upon said prc,mi$es .:.md UpiJfl !tItS monp1l!t' and the b-t:mtl scclJft.:d theIeby before the same shall become delinquent; to furnish -app~'Wd
<br />insurance upon the buildings on s.1iJ prenu.:;e-s sllU2ied in dlC swn of$72, 200 .00 p1yabie to said ASSOCIATION and- to deJiwrto said-.
<br />ASSOCIAnON (he pvlli:ie-s tor -S::Htl ~n$UnHl~-;e: and on'!. Ii) commit or perm]! allY waste l>n-or about said premises;
<br />In ('"-ase of defaull Hi l~)e perf{)r:n.:!Tlt~t o~ any t1f the krms and condii'ions uf this mortgage Or tbe- bond secured hereby? the'mort~,shaJl;:;
<br />on demand, he cnlllled lu lmn-.eo.ate p'us:)es.<;.lon j}f the mortgaged pre-mises -and the mortgagor hereby a:ssigns~ transfers and- sets, over-;to.:tl1e
<br />mortgagee aU the rColl>. fe'f'enu~s a.>ld income hI llt: dcrive-d ((Om the I!i()rtgaged pcemises during sucl1 time as the'mortgage iadt:btedness sbaIl:l~main
<br />unpaid~ ,and lhe mortgagee shall ha~t: th~ powel it) appuint any agellt or agent.'1- it may desire for the purpose of repairing said premises and, ~ting'c
<br />t.he same and collecting lhe H~nh. r{'Vt.~nu~~ a:mi income, .<1flQ it may pi!}' out of said income aU expenses of repairing said premises arul--necessuy--
<br />commiSSions and expenses Hl'::WWJ Hi 'i'.nli{l~ ..-n-d w<lJ1;Jg.ill.~ the :>amc ,md of coUecting fCfilals therefrom; -the ba.lauee remaining?, if any; -to be--,
<br />applied toward the tlisdl3lgC 01 s"nJ n1tHt1':;~!-!'~~ ir'dehlednt:~~; ibex righis of 1ht~ mongagee may be exen:.:i:sed at any time during the e.xistence-ofsuch
<br />dcfaul1, ifle~pectivc of any lempt..1tii!y waivC:l d the s.-~me.
<br />These l:)rescHb, howewf, M{' Up"Jll the Comlilioll, Th,l:! If the s.ait1 MOl'tgagor shaH lq"lJiiY said loan on Of before the maturity_ of said shares;by_
<br />payment; pay moothly hI ::;:ild ASS(X'IA nON (If the Slim 1ipc-<;:i.ticd IIllhe- HOHu securtu hereby as jniere$t and_principal on said loilo;on oT:before
<br />the Twenlie1h day of l';sch an..! '.'!l1.'I) nK'l!~h, w:.1td .-;.aid loan is fu.lly p;utI; pay aU faxes and -as5t:ssments levied against said premises and_on this_Mort~,_
<br />and i.-he Bo,uj securetl thel~b}. b(:l-')~" ..ic-hn'4ucllcy; lu:niJ\it approved Ul.sunmcc upon the.build.ing.s thereon in the sum of S_72~ 20,Q,.O_O' _ "payable
<br />to said ASS(X:JA TION~ r~~pay 1.0 satd ASSOCIA nON upon dc-manu aU ffidney by it paid ior such laxe$. assessments and -insuranee with intercsC:cat .
<br />the maximum legal rate thclc,m I!om dale ~}f p:tynlCiil ali of whjch M{,rtga-gor bcreby agrees to pay; permit no wasteonsa.idpte:mises;.keep:._and:cO~ply
<br />wilh aU Ihe a-grcem.cfll~ and ('I)nuilltHiS dt the &md I'lll S 72,200.00 this dliY given by the said Mortgagar to said ASSOCIATION,. and;:comply
<br />wlth aU th~ r~ttiJlrcln<:-rlls. ..If the CI)flSlliUlIDn and By.-l.~ws of s1iid ASSOCli\'l.jON~ Ihe~_ these 'presents shall- become .null and -YO.id~ f,lthe~ 'tlaey,_
<br />iliaU fenl,nn lfl full tor\.'e and IlJa}' he lor..:doscd at the option of the s.a.iJ ASS-Q(:lA nON after fa.i1ure for three months to 'makt; 'any,-_o(sai4;
<br />paynleuts 01 ht' t.im~c munths I~' Jll~.al$ lIllnakiJig S;:!lu munlhly paymenls, or to keep and comply with the agree~nts and conditi9ns_of.said.8Q~;
<br />and Mortgagor <lgrc-c:. 10 haVL ;J !(;t:;:l.\'{~l IJppoiut.;ti forthwith In 3uo;h fon;cklsule proceedings.,
<br />If there is any chang(: ,iIl0wn"fslup l~i rtt<~ rC.d1 c~:ak nl.:;l'te.~eo.)rl h~Jt"in, toy sale 0~ ',)!herwise. t.."t.en t.he e.nHre :;emairJngin~tet.m~ ~reby_
<br />secured shaH, ;If the option of The F4uilahle Hm.\dlog and Loan Association ofCrand Island, Nebraska~~me immediately _due_andpayab~_witbo.g.
<br />further notice, and the aHlQUllt fClna..n.jgg due undel :>aid bond, and any other bond for any additional advances made thereunder",shall" f~,tlte
<br />dale of exercise of saiu opti,m, bear mtcf~:;'i al Iht~ HWXJntUill.lcgal rate, and, this moI'~ge Ulay then be foreclosed to_satisfy the,amQunt,due,ou__Said.
<br />bond,and any other bond flU ::4ui.!ltlOn.al adYanu~::;, tug-d1Jcr wnh all sums pald by said The Equitable Building and Lt~ Association of Grand_ bland,
<br />=:::. fOl :insur;;tocc, l;ne,; Jpt! d~~3-t~,>--<;m.eIH" ;'l~d '~h<l!J':H'lm.: ,'~~{'n<lI'V; ,:i'-3T~,l-'<:. W!th :!'"'~-:;'~~~ ther~~, f....::'~~ i;I~C of p;}.;::n!~~l ,U tt:: ~
<br />
<br />
<br />As provided if! the HI..1f.iJ $l-.'wH:d he-.t.'b.'f, willie t!w, mung;age remains in effect th{~ mortgagee may hereafter advance: additional sums to the_
<br />makels uf said Bond, Ill!:!1 a$.l,}g!1~ l;.l 'i.d-';;'\.X3..<;.W;; ill l!\tel'c:.:l. ",tueft sum:> $ha.ll k within rhe security of this mortgage the same as the funds orJgin:aUy
<br />secured thereby. th~ Iotal ;mlOunt of plin.;ip:,! JdH n~H (I.' !..'xc~e-J aT any 11mI;.' the (}flginal ulUvllnt of this mortgage.
<br />
<br />Dated .h" 5th day",
<br />
<br />~_. f /~_.. _ \ ,:."_.._. /~ c/ .,~ '
<br />-....zr...."Pv,'-' /c (j/d:/9"'''o'
<br />
<br />t 5:~.7:e:er;;~-R.--_.~'-----_---'~ -
<br />i ,a/~.;~Kik-;-~1:d.~__-_-
<br />
<br />July
<br />
<br />,~ D.. j 9 84
<br />
<br />STATE \ IF NUlI<:,\SKA,1
<br />COUNT) or HALt i
<br />
<br />OJ,ri,,,, 5th
<br />
<br />tb)vi
<br />
<br />July
<br />
<br />1984 ,bora.e me,
<br />
<br />L
<br />
<br />steven R. Grains and
<br />otN3r,
<br />-rnt ti:i he the idtOlR:al p..:r,-;ons 'Nh"i<: y,,1,B;;:'S are
<br />a..:.luowk-,dSCd {}lo~ !.;<.l1.I ii1~,hllln;~nl iu tre.l.l'
<br />WITNE'1-S nl:Y h~lk.! ;w-d ;-~,,'t;(n~!. S-i.;.;g'
<br />
<br />"jm',~. Ii? Ivlll
<br />
<br />/;jirf_~\}~'\'-'~~~.'..'.~ij.b.ghU. '
<br />lOANc-jr. G ROUSH
<br />h;:. N~,. lB, 1964
<br />
<br />~hi:: \In.Jct~Df::d, a Not;ay eublic ill and for said Couuly, pelSonalJy came
<br />Nancy A. Grams, each in his an;! her G'WIl right aw, as spo~~tib\..n '0
<br />
<br />JHiXNll.O -HI!; <ifn.lii'I: io~!n.\mC!1t ;H JrW!'igagvS
<br />
<br />.ad they
<br />
<br />~~raUy
<br />
<br />,wi an,! dc,cd
<br />
<br />/-----)
<br />/f /./
<br />i~t:2~~
<br />"
<br />
<br />/--.~.
<br />r !
<br />U. \ ....G1~
<br />N'rH.lIry Pvhltc
<br />
<br />d;!~t: fi.h.lfc,',;li(L
<br />
<br />My
<br />
<br />jfJ,:nUMiH
<br />
<br />
|