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<br />84 - 005476
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<br />MORTGAGE AND ())~~!J0'}.9~U~.~Ti ~____
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<br />See L 21.612
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<br />lYU..JKI '--'^'-U:. L..VM.1"l1"l\..1.
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<br />KNOW ALL MEN BY THESE PRESENTS: That James H. Hart, a single person,
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<br />Mortgagor. whether one or more, in consideration of the sum of
<br />Thirty Thousand_~!l.Q/IOO-:::::=_':=.==--_-===---::::'.===--::---=-_-::------------------:::1X>LLARS
<br />loaned 10 said mortgagor by The Eqmtable Budding and Loan Association of Grand Island, Nebraska. Mortgagee. upon 300 shares of stock of
<br />said ASSOCIATION, Certificate No. L 24,271 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in HaB County. Nebraska'
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<br />Lot One (1), Block One (1), Lake Davis Acres
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<br />Sul::division, Hall County, Nebraska.
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<br />together with all the tenements. hereuit<tmt.'nIs ami appurtenances thereunjl.) belonging, including attached floor coverings, all window screens,
<br />window shades. blinds, s.lorm wmdows, ;.;wnmg.s. heating, au nmditi\.ming,and plumbing and water equjpmentand accessories thereto~pwnps.,stovn:,,"
<br />refngerators, and other iixrures :md. ~qU!pm\"nt l!nw t}f !!CH,;;Jfter attat',hed to or used in connct.'liou with said fea~ ~.itate.
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<br />And whereas (he said mortg.agl)f has agrt'ed Jnd ~toes hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />assessed upon said pH.'lmses and ur-".\O t~ll:', 1l1lH[~g\.' .!lld ihe bond scc:uu~d lhcleby befm~ the same shall become delinquent; to furnish approwd
<br />insurance upon (he builditl~S \m S<iid premi~s situated in the sum of $ 30 1000.00 payable to said ASSOCIATION and to deliYer to said
<br />ASSOCIATION the policIes for s.ah.! lllSUr:.lll(.t' ~ ami no! to commit or permit any waste on or about said p(emises~
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<br />In case of default In the pt"rfonnance of any nf the terms and l~l1djhons of this mortgage or the bond secured hereby, the mortpgee shaD,
<br />on demand, be entitlc.d to immediate possess.iLHi Of the mortgaged premises and the mortgagor hereby a.s:signs, tnmsfers and sets over to the
<br />mortgagee all the rems, revenues 3JH1 inl;ome to he derived from the mortgaged premises during such time as the mortpge indebtcdncs:s shaD remain
<br />unpa.id~ and the nl0ftgagee shall h;lve the p(lW~( to ;:tpp~.1int any agent or agents it ma.y desire for the purpose of repairing said premise$. and rcntin8
<br />the same and collecting the rents, leVenUt.'s. J.BJ in("ume. :.mu it may pay ou1 of said income all expenses of repairing said premises and neeesary
<br />commissions and expt'nsc:;, in\.."lUieJ In r~ntillg J.lhi managing the ".."l1ne and of colie-cting feotals therefrom; the babmoo remaining.. if my.. to be
<br />applied toward the discharg.e l.lf 5ald mortgage IIlJcbtedn~ss: these flghls of the mortgagee may be exercised at any time dwing the existence of such
<br />defauh, irrespective of JOY lempufJIY waive! of the same.
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<br />These Presents.. nO'f\'ever. :irc apon chI.: Condition, That if the said MOftgagor shaH repay said loan on or before the matwity of said shares by
<br />payment~ pay monthly h) s:lid ASSOCJATlON of the sum specified in the Bond secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day oi i.'ach and evcr) monlh. untii said luau is fully p'.did~ pay :.lll taxe~ iind. assessments Ic\ied against said premises and on this MOIt&JIC
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<br />and lhe Bond ~';lHed th~H~by. beftH~ Jdm~UC!h;Y :furnish aPPIUw.tl in-surancc upon the buildings therecJn in the sum of$. 30,000 .QO payabJe
<br />to said ASSOCIATION: I~pay to ~HJ ASSOCI A nON Ufkln demand aU money by it paid for such taxes, assessments and insurance With interest at
<br />the maximum "-"1/.3i rate th~'ft:~lll fwrn Jat~ ,If payment ali of which Mortgagor her~by agrees tu pay~permit no waSleOll said premise:s;keep andoompJy
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<br />\lr~th aU the a&f\.~menh :mJ (,HHlnltiliS of lhe honJ f_'f S 30(000.00 this day f;lven by the said Mortgagor to said ASSOCIATION, and comply
<br />wtth all the rCi..juifcmellts (.1 the Ct\lbiltUlK.)f) Jmi B~.Law:i l) ~lIJ ASSOl~tATION~ then these presents shall become null and void,otherwiJc they
<br />shall remain in full f:...u:....,: .:mJ may be fOH.'doscd J.f th,,~ uption 1)[ t!le :;.aid ASSOCIATION after failwe for three months to make any of said
<br />payments 01 be thr~ months- Ul JlIl'a!~ III maktng Soa_d munthly payments,..)[ h) keep ;{nd comply with the agreements and conditionaofsaidBood;
<br />:om! M(~:-tgag'')f :lg;-;..~~ !t~ h~'i-;: ,j !~~~:~~~! JPP"_'i~H~J f:.-!!!hWt!l~ ~; ~u'Ch fCtedo:o;ure pru<.:ee'JL."l.gs.
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<br />If theJ( is. any change In owncnJ1ip ~ll the It:'.li estate mortgaged herein, by sale or otherwise. then the entire remaining indebtedness hereby
<br />st1:ur~d shan, at the L)ptioll of The Fyltitabic BuilJing and lvan As.sodalion of Grand Island, Nebraska , become immediately due and payable without
<br />further noh:c. and lhl.: J.nlowlt r~maim!lg due '.Indcr said bond, and any other bond for any additional advances made .bcreundcr~ shaUl from the
<br />date of :....xrn:i~ "f :)aj.J \,lpt~Jn, bear inlert'"sl al the mdximum legal rate, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />bond, and any vtnef hund f~)f ~l-ljJit!LmaJ J.u,,-alH;es. !O~cthCl with an sums paid bv said The Equitable Buildi."u! and Loan Association of Grand Island.
<br />Nebraska fo,- insuran;,;c, taxes. and 1.~.s..\Ill\'lltS, and :tbstractmg extension chargt.-s, with interest thereon, from date of payment at the maximum
<br />legal [at<,
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<br />As pw\'id.eu In thl..'_ n...nJ <;t'cur...J hereby. while this moftga&~ fcmams in effect the mortgagee may hc::reafler advance additional SWDS- to the
<br />makers ,}f soud Bond, trwir ;,}~" ':1 s.u.:\..'t.'-ssor~ in intcf('st, whkh s.ums shaH be within the security of this mortgage the same as the funds origina1l.y
<br />seC"o.ll~d tt-.e:cby, the tota! am'.):.ml \~f pnnup.;::l del:}! not tu ;:\..t.'t"t'd at ;my tlmt: the orig~nal amC:.lr:,t of th~ ro.crt5~t.
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<br />Dited Uns 5th 1,')' of " Octol:.er
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<br />A. D., 19 84
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<br />STATE Of NEBR_ASKA. f
<br />COUNTY OF HALl \ ",
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<br />OHtt;lS
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<br />5ili
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<br />day;,)1
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<br />Octobel.'
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<br />1984 , before_.
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<br />lb.,. undCfStgncJ, a No{at,y Public III .ami tm said County, perrona11y~
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<br />James M. Hart, a single ~rson,
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<br />wl1\) is
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<br />l)euoda.iiy known to
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<br />me to ht" th(" ItlentH:a! pctM-m
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<br />whc,';.l' fUHK
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<br />is
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<br />]11ixcJ to th{' ;1D1.JVt: mstt Ilnh~Ht .1".1. mt>rtgagui
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<br />and
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<br />he ",..taJly
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<br />lI.d(4)wLedgeJ the ~~ti jH:;ll U!HI;:!J I l;) rw
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<br />his
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<br />VO!\lnLU~ ad ;Ul\l det'J.
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<br />WllNi....sS my h.l1l\J J!h~ N\H-<ttU! ~t",ijl tlJ(: d3.!~ .Oitn!{~t~:d
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