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<br />84__
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<br />003653
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<br />MORTGAGE WAN NO, ..L 24 )12 AMI.
<br />KNOW ALL MEN BVTIlr,sEPRESENTS: ThaI J:imnie R. GliIJes and CaDll2n K. GliIJes, each in his and
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<br />her own riqht and as spouse of each other, Mortgagor,wbether one or more, in consideration of the sum of
<br />':Chi rty Tn,..';" 'I'm1lS"1nn F'j va Hllncl,...,C'l _aIJ(Lno/liliL,",--==-~-----------______ DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Lmm Association of Grand JsJand~ Nebraska, Mortgagee, upon 335 shares of stock of
<br />said ASSOCIATION, Certificate No. L24,232 ,do hereby graot, convey and mortgage unto the said ASSOCIATION the foDowing
<br />described real estate~ situated in HalJ County, ~ebr<lska:
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<br />wt Thirteen (13) Ross Heights Subdivision,
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<br />Hall County, Nebraska.
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<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />window shades., blinds, storm windows, awr;ru~:s, healmg, air conditioning, and plumbing and warer equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and other fixtures .and cquipme.jL now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagm has agreed and does hereby agree that the mortgagor shall and will pay aU taxes and assessments levied. or
<br />assessed upon said premises and :..;pon this mortgage and the bond secured thereby before the same shall become-delinquent; toJUmishapprowd
<br />inswance upon the buildings on said premises situated in the sw:n- of S 33,500.00 payable to said ASSOCIA nON and to deliver to said
<br />ASSOCIA nON the policies l(lf said insurance: and not to {.:ommlt or permit any waste on or about said premises;
<br />In case of default in the performance of ;:my of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee-'shaIl,'
<br />on demand. be emitted to immediate possession of {he rnorrgaged premises and the mortgagor hereby assigns, transferS. and sets O'Vef- to the
<br />mortgagee all the renis, revenues and income to be derived from the mortgaged premises dwing such time as the mortgage indebtednes:s.shall'remaii1
<br />unpaid; and the mortgagce shall have the power !O appuint any agent or agcnts it may desire for the purpose of repairing- said, premises-and ~renting
<br />the same and collecting the renls. revenues and income. amIl! may {YdY out of said income aU expenses of repairing said prem.Ues_ and_-necesary
<br />l:ommissions and expenses incurred In rent.ing and managing the samc ami of coUecting rentals therefrom; the balance remaining~ if-any..- to_'be
<br />applied toward the discharge of ~d mor:g.age indebtedness; these rights of the mortgagee may be exercised at any time dwing the existence ofsuch
<br />default, irrespective of any temporal)' waivCI of the same.
<br />These Presents. however, are ufX.1n the Conuition, That if the said Mortgagor shall rcp-dy said loan on or before the maturity of-said shares _by
<br />payment; pay monthly to said ASS<X]AT10N lif rhe sum specified in the Bond secmed hereby as interest and principal on said loan.<on-orbc-fore
<br />the Twentieth day of each and every month, until said loan is fully paid; pay aU taxes and assessments levied against said premises and on this Mort_
<br />and me Bond loecureu thereby, beforc delinquellcy; furnish approved insurance upon the buildings thereon in the sum ofS 33,500.00, payable
<br />to said ASSOC.!ATfON~ repay to sajd ASSOCIATION upon demand all money by it paid for such taxes~ assessments-and inslUaDce,with:interestat
<br />the maximum legal rate thereon from date Dr pay men{ JU of which Mortgagor hereby agrees to pay; permit no waste on said pJem.ises;-kcep and comply
<br />with all the agreements and c-ouuitious 01 the BonJ for $33,500.00 t!tis Jay given by the said Mortgagor to said, ASSOCIATION~ and,comply
<br />with aU the requirements of the Constitution and By-Laws of said ASSOCIA nON; then these presents shall beco~: null-.and- void"otherw.ise, they
<br />shall remain in full force and may W foredosed <l[ the option of the said ASSOCIATiON after failure for three montb$ to_-.make.any of said
<br />payments or be three months in ,mears jn making said monthly payments. or to keep and ,comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a rer..;eiver appointed forthwith in such foreclosuIe proceedings.
<br />If there is any change in uwnt~rsh.ip of the real estate mortgaged herein, by sale or otherwise, then the entire, remaining- indebtedness _hereby
<br />secured shall, at the oplion of The Eqmtablc BUilding and Loan AssociaHon of Grand Island. Nebraska, become iaunediately due and payabJewithout
<br />further notice, ami the ;unount rema.ining due under said bond, and any other bond for any additionalaqvances made-thereund~rt shal4 frum the~
<br />date of exercise of said option, bear interest at the maximum legal raLe. and this mortgage may then be foreclosed to satisfy the ~unt,due:'OD said
<br />bond, and any otf:ier bond fo[' additional advances. tog.ether with all swns paid by said The Equitable Building ,and, Loan Association_ of Grand lsland~
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest the[eon~ from date of- payment at the ~UIIl
<br />legal ratc_
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<br />AS provloeu In we nuuu :SC\.-UfCU acu,;uy, willie t-;u:> JUUHgagC IClUaJU~ Jli cffcl,;.1. un. JIiVii.&a5~ H~i ii.~io.':iiitei QJ:ya.u~_aJilitiVila.i l'UUIlii ~v~_
<br />makers of said Bond, their assigns or successors in in.teu~st, which sums shaU be within the security of this mortgage the same as the funds originally
<br />secured thereby, the (Ota} amount of principal debt Hot to exceed at any time the original amounl of this mortgage.
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<br />July
<br />
<br />A, D" 19 84
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<br />STATEOFNEBRASKA,/ ,""
<br />COUNTY OF HALL \
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<br />On Chi.::.
<br />
<br />lOth
<br />
<br />day of
<br />
<br />July
<br />
<br />1984
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<br />, before me,
<br />
<br />Jirrmie R.
<br />other,
<br />me to be lhe identical person S whO$(: name S are affixed to the above instrument as mortgaguIS
<br />acknowledged the said instrument to be their 't'oluntary act and deed.
<br />WITNESS my hand and ~naJ St':allhc date aforesaid.
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<br />MyConunissi"nexp"e'/.(~, /1'; /Ptf?/
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<br />fG1N...t Nar.~;::;';;-~ N'.r..1co
<br />1 JOANNE G. ROUSH
<br />'_~ _~I~.~m:,fx!,~~~:8. 1984
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<br />the wldersigned. a Notary Public in and for said County. personally came
<br />Glines and Ca.nren K. Glines, each in his and her = ri~lJ,\ ~r:' s~ll,ljillyWo~<foh
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<br />and they
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<br />sever.illy
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<br />IO.1~ZM iU
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<br />~7-
<br />(/1/0
<br />,,>/j?~c:::...C.2. ~~_.
<br />Nola<y Public
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