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$2~- i~~i07U~~ MORTGAGE MORTGAGE LOAN NO..L 24 O22 KNOW ALL MEN BY THESE PRESENTS: That William Bohan, single, Mortgagor, whether one or [[cure, in consideration of the sum of Fourteen Thatlsand and No/100_ ----~----_-- --- -_--°-----_ - opLLAxs bsned to said mortgagor 6y The Fyuitabk Building and Loran Association at Grand Island, Nebraska, Mortgagee, upon 14U shares of stock of said ASSCtCFATION, Certificate No. L 24,022 , do hereby e}~erkt, convey and mortgage unto [fie srid ASSOCIATION the following described veal estate, situated in Hall County, Ncbraska~ Lots Otte (1) and Two (2) in Block Thirteen (13), i1a Boggs and Hill`s 1.lddition to the City of :;rand Island, Hall County, Nebraska. together with all the tenements, hereditatnents and appurtenances thereunto belonging, fnciuding attached floor coverings, all window screens, window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves, refrigerator, and other fixtures and equipment now ar hereafter anached to or used in wnnectian with said real estate. And whereas the said mort~gor has agreed and [ices hereby agree chat the mortgagor shag and will pay all taxes and assessments levied or assessed upon said premises and upon this mortgage and the bona secured thereby before the same shall become delinquent; to furbish approved itkstrrartct upon the buildings on said premises situated in the sum of 514, 000.00 payable to said ASSOCIATION and to deliver to said ASSOCIATION the policies for said insurance; and nut to cnmrnit or permti ary waste an nr about said premises: In ose of default in ehe performance of any of the terms and wnditions of this mortgage or the bond secured hereby, the mortgagee shall, an demand, be entitled [o immediate possession of thr mortgaged premises and the mortgagor hereby assigns, iransfen and sets over to the mortgagee all the rents, revenues and income to be derived from the mortgaged premises during such alma az the mortgage indebtedness shall retrain unpaid; and the morYgagec shall have tits power to appoin! any agend or agents it may desire for the purpose oC repairing said premises and ranting the same and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said premises and necessary commissions arcd expensk~s incurred in renting anC managing the same and of collecting rentals therefrom; the balance remolding, if any, to be applied toward the discharge of said knortgage indebtedness; these rights of the mortgagee may be exercised at any time during the existence of such default, irrespective of any temporary waiver of the carne. Tbese Presents, however, are upon the Condition, That if the said Mortgagor sha41 repay said loan on ar before the ntaltuity of said shares by payment; pay monthly io said ASSOCIATION of the sum spettified in the Band secured hereby as interest and principa9 on said loan, on or beforo the T rentieih day of each and every month, until said ltzk» is {ully paid; pay all taxes and azsessments levied against said p ~mr,.:s and on ehis Mortgage and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of 5 14, OOO.OO payable to said ASSOCIATION; -epay to said ASSOCIATION upon detmnd all money by it paid for such taxes, assessments and insurance with interest at the maximum legal rate thereon from date of payment alt of which Mortgagor hereby agrees io pay; permit no waste on said prencises;keep and comply with a6 the agreements and conditions of the Boekd for 5 14, OOO.OO this day given by the said Mortgagor to said ASSOCIATION, and comply with. all the requirements of the Constitution and By-Laws of said ASSOCIATION: then these presents shag become nub and void, otherwise they shall remain is frill force and may be foreclosed at the option of the said ASSOCIATION after failure for three monilts to retake any of said payments or be three months in arrears in malting said tnottthly payments, or [o keep and comply with the agreements and conditions of said Bond; and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. [f inert is any charrge in ownership of the real estate ncoa[gaged herein, by sale nr otherwise, then the entire remaining indebtedness hereby securod shad, at the option of The EquiUbk Buiidingand Loan Association of C,rand Island, Nebraska,bewme immediately due and payable without fitrtlter notke, and the amount remaining due under said band, and any other bona for any additional advances made therekmder, shall, from the date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed io satisfy the amount due on said bond, and any other bond For additional advances, together with all sumspaid by said The Equitable Building and Loan Asscrciaticn of Grand Island, Nebruka for i[ISUrance, [axes and assessments, and abstracteng extension charges, with interest [hereon, from date oC payment at the maximum rere- As provided. in the Bond secured hereby, white this mortgage remains in effect the mortgagee may hereafter advance additional sums to the roaktrs. of'said. Bond, they assigns or successors in interest, which sums shall be within the security of this mortgage the same as the funds originally sxured thereby, the rota] arswunt of principal debt not to exceed at arty time the original amount of this mortgage. pared this ; . "2,Sth day of Febrtlaxy A. n., lv g2 STATE OF NEBRASKA. ~ On this 25th day of February 19 $2 ,before trte, Ct?UNTY OP FIALL the undersigt:ed, a Nutar}• Public in and far said i'ounty, personally came William BO[lati, Single, who 15 pcr5nnally known to me to be ktre idmtecal peison wtxose xrarcu 1.S affixed to the alwve utstruurciit as mortgagor and he ,tuknowied®ed iht said. insirumerrt to be hS.S voluntary ark and d~ed- PCiTNk5S. my hand and Notarial Seal the date aforesaid. - MMIIP-tMaMl~llgt` w _ ~ _ ,iDM NL -' - ..-.~.. tar~saae as @b ai 611, ~ 1.1~ h k~ay ','utAtti ' -...