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MORTGAGE _ ~ __ T MaxTr>AC,>r LOAN N0. L23,314 MOIG ~sv...,~.,'.iEN °Y TIiESE FD~ccN;rS. That nl ~ 7 :,..», ~. Feu.,., , , , u Sin^y? @ t,;rrSt3^ Mortgagor, whether one or mare, in consideration of the sum,of Thirty-Four Thousand Six Hundred and Nal30O------------------------------ -DOLLARS leaned to said mortgagb* by Th>_ F-gtti#ebie Rrriiding and Loan A.ssnciat»n of Grartd Island, Nebra~s, itiortgag~, open 3~+a shares of siodt-+~t' xxid ASSOCIATION, Certifipte No. L 23,314 P~;IG , do hereby gnat, convey and mortgage unto the said ASSOCIATION the following described real estate, situated in Hall County, Nebraska: LOT EIGHT IN 6LOCK OTdE (I) IN SGHIP~tER'S ADDITION TD THE CITY OF GRAMD ISLAND, NEBRASKA. togeih2r with all the tenamerts, hereditaments and appurtenances thereunto beEorging, inchrding attached flaor covrerings, ail window sereexs, window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and roarer equipment and accessories thereto,pumps,Stoves, refrigerators, and atirer Textures and equipment now or hereafter at#ached to ar used ;n connection with said real estate. And whereas the said mortgagor has agreed and does hereby agree that the marteagor shah and will pay aA taxes and assessments levied tie asses~d upon said gremsses and upon this mortgage and the band secured thereby before the sore shad become delinquez.2; to fi~mssb approved insurance upon the buildings on seed p:ernises situated sr. the sum oft 34,6DD. DO payab';r Lo said ASSOCIATION and is denvcr to said ASSOCIATION the palicias fa. i::id insurance; and naf zo commit ar permit any waste on or at+out ztsd premises: In case of default in the performance of any of the terms and eonditians of this mortgage or the band secured ltarebN, zhe marigagee shalt, an demand, ba entitled fa immediate possesssaa of tI=w mortgaged premiers and the mortgagor i€ereby assigns, transfers and xts rrs2r to tits ttr~rtgagea aL the rents, revenues and income Yo be derived from the mortgaged premises during such tune as the mortgage indebtedness sltatl remain unpaid; sad the martgagee ;batI have the power to apgoint any agent or agents it may desire for the purpose of rtpa;ring said premises and rtntiog the same and collecting #hs rents, revenues and income, and it may pay cut of said it:comc alt expenses of repaiti.°tg said premises and netxssa:y comtrussions and expenses incurred in renting and managing the settee amt of coF}ectirtg rentals therefrom; the batanx rentainiag, if any, to be applied toward tree discharge of said mortgage indebtedness; these rights o€ the mortgagee rrtav be exercised at cry tirt~ doting the existence of such default, irrespective of any temporary waiver of the same. These Presents, however, are upon the Condition, That if the said Mortgagor shall repay scid loan on ar before iha maturity of said shares by p?•,vt~nte nay n+~rttieiy to said _~SOClATION of YF;e Burr sper~ed kn t~ ~~ ~cnrz~3 ~reh_y as ~t~~st and =,r~; pxt on ~~si Ipso, en m tttfore r,~ T::t;,iieth", •.I„°y of each and eve ;- r~anth, ~3*ttil said loan is fullp paid: pay alt taxes and assessments levied agaatst said nremises andon this Mart-gam and the $ond secured thereby, before delinquency; furrisi€ approved insurance upar the bus3d:,^.gs €hrreen in the >um of S ~~,~Q~7. ~Q Payah~ #o said ASS~i.gTiON: repay to Bard ASSOCIATION upon demand ail mc;rey by ii paid fee suit taxes, assessrnenis and insurance-with irterest at the snaximmn legal rate tlrereort from date of payment a[! of which Mortgagor hereby agrees to pay; permit no waste on said premises; keep and i`atttply ~rttlt aI7 the agreements and cnnditsans of the $and far S ~~ z f OD, 00 his day ~vera by uric sash Mor~or to ~;d !LSeClCiATION-, and e~nspiy _ - wi€h al! the requirements of the Constitution and 8y-Laws of Braid ASSOCIATION; then these presorts shat baenme nut! and void, otherwiu tfYey setal't remain is t`ul7 force and may be foreclosed at the option of the sand ASS(KixTION after tailure for three months to make any-srf said payments or be three months in arrears in making said manthiy payments, or #o keep and campty with tlu agreements and conditions of said Bond; and htartgagor agrees to have a receiver ap_tmirted forthwiilt in such foreclosure proceedings. if then is any change to nwnershsp of rite real estate mortgaged herein, by safe ar atherwiu, then the entire remaining indebtedress hertaby secured shall, at the option of The Equitable $tailding and Lawn Association of Grand lsiartd,Nebraska,btcoate immediately due end payable without futL$tY rotic'r:, and the ameu.:t rer:.aining due ond_-- r said bend, and any rather bond far anq addifio€:al adsanxs made therttsnder, snail, Timer the date of exercise of said aptinn, bear interest at t,`te maximum legal ere, and this mortgage may then Ire foreeiased to satisfy rho arrrount dtte on said bond,and any rather bared far additional advances, togeth>_r w,ith all Burns paid by said Th: Equitable 8uIIding and Lean Association of Grand island, Nehra-kx far insurance, taxes and arse ssments, a.,d abstaac[ng extension charges, with interest Lherean, Tram date of payment at the maximum legal rate. As pra•ded in ~tl;e $ond secured hereby, while t<=tis mortgafz rzm::irs in effect the mortgagee may hereafter advance additional stuns to the :filters of said Band, ths"ir assig=<s or suecessan 3t interest, which su its <_hat? be within the ssctzrity of thi more the x?-mc as #ltS funds origin~y secured tlrereby, the tata3 amount of principal 3ebt not to exceed at any tame the original atttount of this mortgage:. s3acxa this S4th say of December A. D., i~ 7S c~ ,~~ ~.-'-, s'~rBtiC'i 5 ,SATE OF IVEHRASKA, p ~. £,irt t.~*ia 14th day of D@ct?giibEr is 7$ , 6efors me> CCtL~;Y OF Ifs=.:, i Wi3iiam E. Francis, a single. me to lee the itlenticat peisait w ,l4 aeknowiedgett-the ssidinstrimlent to be _ `eS`iTN7:SS tray hind and tut My Commission expires s.r.zst Pt the tuxtersigned, a Notary Public in and for said County, persortaliy wore who i 5 the-above in3trtment as mortgagor personalty known to and he xtiHtrl~y Notary Public _.. r..