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<br />
<br />MORTGAGE
<br />MORTGAG6LOANNO. L 23,298
<br />Iu"1"t'}wALLMENBY'ITIrSEP)~crITS:That LETtt~l~ frt. DShSc diic~ ~dii2 !i. Dt~hSeY 2aCh z11 ~iTS and
<br />Rler ira+n •right and as spouse of each outer,
<br />Mortgagor, whether one or more, in consideration of the stun of
<br />Sevtanteen Tianugs3lLd F~1f'~~[tdred and Nof100 DOLLARS
<br />loaned to saidmortgagor by The Hgttitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon ~ 75 shares of stock of
<br />said ASSfICIATIaN, Certificate No. L 23,29$ , do hereby grant, convey and tnortgaga unto the said ASSaC1ATIaN the following
<br />described real estate, situated in hall Counfy, Nebraska:
<br />PART OF LOT SEVEN (7) OF NORWOOD'S SUBDIVISION OF PART OF THE WEST HALF OF THE
<br />NORTHWEST QUARTER (NWT) OF SECTION TEN IN TOWNSHIP ELEVEN (11~ NORTH, RANGE NINE {9
<br />WEST OF THE SIXTH P.M., DESCRIBED AS FOLLOWS: COMMENCING AT A POINT 33 FEET EAST AND
<br />140 FEET NORTH OF THE SOUTHWEST CORNER OF LOT SEVEN (7} Of SAID SUBDIVISION 70 AN
<br />IRON PIN: THENCE NORTH 140.5 FEES PARALLEL TO THE CENTER LINE OF THE ST. PAUL ROAD
<br />TO AN IRON PIN, BEING 33 FEET EAST OF THE NORTHWEST CORNER OF LOT SEVEN (7} OF SAID
<br />S;~DIVISION THENCE EAST AT RIGHT RNGLES-237. FEET TO AN IRON PIN; THENCE SOUT#i AT
<br />RIGHT ANGLES 140.5 FEET TO AN IRON PIN, THENCE WEST 237 FEET TO THE PLACE OF BEGINNING,
<br />together with all the tenements, ltereditamenis and appurtenances thereunto belonging, including attached floor wvexfngs, all window scmens;
<br />window shades, blinds, storm windows, awnings, heating, ate tronditioning,andplumbing and waterequipmentand accessatias thereto,pumps,stoves, a
<br />rcfrgerators, and other Fixiwes and equipment now or hereafter attached to or used in connection with said real estate. - - - - -
<br />And whereas the said rrtortgagor has age^^d and does hereby agree that the mortgagor shaft and will pay all taxes and assessments-levied
<br />assessed upon said premises and upon this mongage and fire bond sec[~'e~d ggrgghy, F~fore the same shall became delingtxnt; to furnish-agQmved.
<br />- i~tranx upon the buildings on said premises situated in *.he sum of ~ 1 / ,~SIL'. UJ payable to said ASS~iATtaid arA to delis'- "^ s~3d - -
<br />ASSOCIATIaN the policies for said insurance; and notYO commis or permit say waste on or about said premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the trtottgagea;ahall, - - - -
<br />on demand, be emitted [o im:mediate possession of the mortgaged premises and the mortgagor hereby assigns, tran~ers and s¢ES over -ta rite- -
<br />mortga~e alt the rents, revenues as d income to be derived from the mortgaged gremises dwing such time asthe mortgage indebtedness sltali remain
<br />unpaid; and the mortgagee stall have the power to appoint any agent or agents it may desire for rite purpose of repai[iag said premises-and rFntutg
<br />tie same and txtileciing the rants, revenue and income, and it may pay out of said income all expenses of repairsng said premisaa and tteceesaiy
<br />cammia'ores and expenses incurred in renting and inanaging the sartte and of aol~a[it[g rentals therefrom; the balanac rorttaining;.if any, to lu
<br />applied toward the dis,:ltargr of said mortgage indebtedness; these rights of the ntartgagee may be exercised at any time during the erdstence of suet[
<br />default, irrespective of any temporary waiver of the sartte. - - - -
<br />Theu Presents, however, are u n the Condition, That if the said Mort
<br />po gagot shall repay said loan on or before the naturity of said shares by - ~,
<br />payment; gay monthly to said ASSO%I"ATION of the sum specified in the Bomd secwed hereby as interest and principal on said loan, on or before -
<br />the Twentieth day of each and every month, untal said loan is fuEiy paid; pay aII taxes and assessmcros levied against said premises and on the Mortgage
<br />and the Bond secwed 4hereby, before delinquency: furnish approved insurance upon the buildings thereon in the sum of $ ~ 7, SDD, 00 payable -
<br />to said a15SOCIATION; repay to said ASSOCIATION upon derttand alt ,ropey by it paid far such taxes, assessments and insurance with imerest at -
<br />- the maximum legal rate thereon from date of payrnent aft of wA,ich Mortgagor hereby agrees to pay; permit no waste on said pre[rdses;keep and mmply
<br />with aB the a regiments and conditions of the Bond for S 17 50D . DO this day van b th said Mort
<br />g , gi y gagor to said ASSOCIATIa?i,and ontttply
<br />with ail the requirements of *.he CersG+tution and By-Laws of said ASSOCIATION; then these prexnts shalt become null and void, otherwise they
<br />shall retna,n in full farce and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of sad
<br />payments or be three momhs in arrears in making said monthly payments, or io keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receive[ appointed forthwith in such foreclosure proceedings. _
<br />if there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness 6eteby
<br />~ecwad shall, at the option of The Equitable Building and Lean Associaxfan of Grand island, Nebraska, lsemme immediately due and payable without
<br />furtl!er notice, and the artmunt remaining due under said Goad, a.Rd any outer bond far any additional advantts matte thereunder, shag, from the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to satisfy the amount due on amid
<br />bond, and any other bond for addiiionai advances, iogethtr with elf sums paid by said Tlx £quitabk Building and Loan As~cmtion of Craad Isand,
<br />Nebraska- for insu:once: taxes and assessments, and abstrae ng extens+an clarges. with 'tmteresi theraan, from data of payment at-the maximum
<br />-legal rate.
<br />As provided in the Bond secured hereby, ivhlle this mortgage remtaitts in effect the mortgagee trrey hereafter advantx additiatta! stuns to the
<br />makers of said Band, their assigns or succcsson in interest, which sums shall be within the secwity of this mortgage the same as the funds vtigiu;lty
<br />secured thereby, ifie total attraunt of prinafpa3 detrt not to exceed at any time- the original amount of this trtartgage.
<br />^^ °-t this 15t~ ~+~y „f Nnvatili~Pr Q. D„ t9 78
<br />Lowel'#.W. Oohs ,:
<br />Marie ?~4, nhse
<br />$TATG 4i: *:EItRA8ICi1, ~. -. Qa tkiit da of _ l9 , befiuc tee,
<br />COUNTY OF HALL 15th Y NOYellib2r T$
<br />LOINQ 11 4l . DGh 5t? and t ~3P7 E? {~. Dpff&fd s the mtdetaigtted, a Notary Public in and for said CbuntY, parsotrally cattle
<br />each in hTS 2trtd her own rTaht and as spltuse a€- each other who ~~ pcr3ortal7yisisownto
<br />~ tebo. cite tt~iitieal person 5 whUse name 5 are sffizCd Eta flit aba+x insttiimertta5iitatt~gar 5 and_ -they sevet$UY _
<br />sc:uto~3acSgadthe s~itfnatrumeni to be tktEi r voluntary act srid mod.
<br />'A+9' band and Notarial Srai. tlw date aforraaid. f
<br />My i;oitticrission e. s .",,t-•4 L''~ f/~~,: - ~;`.~c~ ,
<br />,a3' fil•ytPA mrs SV ~t~o ['e'•vasr ~ ~"'_~'°``~c_
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<br />- st•sat nt - 1. J^ nl ~._~„r Y -
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