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<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 23355
<br />xNOw ALL MEN BY THESE PRESENTS: That Richard F. Fox and Mari iyn S. Fox , each i n his and
<br />tier Gvin r i~rit aitd 8S SNCrUSe 6Y eat:h Giber
<br />b'iorigagar, whether one or more, in considetatinn of tl+.e sum of
<br />Thirty One Thousand Eight Hundred and NoJ100--------------------------------------DOLLARS
<br />leaned ta. said mortgagor by The Equitable Building and Laan Association of Grand Island, Nebraska, I4lirtgagee,. upon 318 - - -shares-af stack of -
<br />said ASSOCIATION, Certificau No. L 23355 , dv hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described teat esia:e, situated h: Pall County, Nebraska: -
<br />LOT THIRTEEN (13) iN BLOCK TWO (2) IN MORRIS
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />together with all the tenements, heredi[aments and appurtenances thereunto be}ortging, including attached floor tnverings,,all window sixcetts,, --
<br />wiudaw shades, blinds, storm windows, awrtivgs, heating, air conditioning, and plumbing and water equipment and accessories thereto,gurups;staves, - - -
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connectiar==with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay afI taxes and assessments levied:-ar
<br />assessed ugon said premius and upon this mortgage and. the bond sect}~S~d j~~jje, ebkk- before the same shall become delinquent; to fttrnisl- approved-
<br />instuance upon the buildings vn said premises situaud in the sum of 5 3S i25U~ • UO payable to said ASSOCIATION and - to deliver. to said -
<br />ASSOCIATION the policies for said insurance; and no# to commit or permit any wasu on or atrouf said premises;
<br />In case of default 'sn the pecforrnanee of any of the terms and conditions of :his mvrigage ar the bond secured hereby, the mort~gte stiaH,
<br />on demand, be emitted [a immediate possession of the inorigaged premises and the mortgagor hereby assigns, transfers and sets aver to the
<br />mortgagee ail the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness Mall rtrrtalrt -
<br />unpaid; and the mortgagee shaft have the power to appamt any agent ar agents it may desire f;.~r the purpose of repairing said premises end rentiug
<br />the same and coiiecting the rents, revenues and income, and ii may pay out of said income all expenses of repairitg said psamises and netxssary _
<br />canmtissions and expenses incurred in renting and managing cite same and of rnlltcting rentals therefrom; the balance rentaftceng, if any, to-bt -~ -~--
<br />apglied toward the discharge of said mortgage indebtedness; these rights of the mortgages may be exercised at any iinte during the existtn~ 4~ . _ _;z
<br />default, irreslxctic•e of any tentpvrar;' wviver of the same. - -
<br />These Presents, however, are upon the Condition, That if [he said Mortgagor shall repay said loan on or befvre the maturity of said shares by --
<br />payment; pap monthly to said 45SOCIATIOZv° of the sum specified in the good secured hereby as interest and principal on said lose, on or befarE --.
<br />the Twentieth day of each and every month, until said loan is fulty paid; pay alt taxes and assessmens levied against said premises and on this Mortgage -'
<br />and the good secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of 5 31,SOO.OD payable-- -
<br />!o said ASSOCIATIO\: repay to said ASSOCIATION upon demand all money by it paid foe such taxes, assessments and insurance with in#erest at " -
<br />the maximum legal rate thereon from data of payment a4 of which blvrtgagor hereby agrees to gay; permit na waste on seed gremfses: keep and coirtgly
<br />with all the agreements and renditions of the Bond for 5 31,800.OO this day given by the said Mortgagvr tv said ASSOCIATION, and comply
<br />witty alt the requirements of the Constitution and $y-Laws of said ASSOCIATIOti; then chest presenu shall become null and void, otherwise they
<br />~:att remain in fuL fare and may bt fartctased ai [ht aptior. of the said A55EDCIATI04r af;e: failure far three ,.,artitu to ~.t any of said
<br />payments or be three mvnths in arrears in making said monthly payments, or iv keep and comply w-ifh the agrcemtnis and wndfiions of said gored:
<br />and Mvrtgagor agrees tv have a recxivtr appointed forthwith In such foreclosure prateedings.
<br />If then is any change in owner~'tip of the real estate mortgaged herein, by sate or otlterwi~, then the entire scrnairting indebtedness hereby
<br />suurrd shall, at the option of The Equitable $uilding and Laan Association of Grand Island, Nebraska, become immtdiattty due and payable without
<br />further notice, and the amount remaining due under said bond, and any other bvnd for any additions! advances made thereunder, shad, from the
<br />date of exercise of said option, bear interest at the ma_xirrtum legal rate, and this mortgage may [hen tre forectased to satisfy the amauat due on said
<br />Iwnd,and an; ether lrortd for additianat advances, toget(er with a21 Burns paid by said The Equitable Buiding and Loan Association of Grand. Island,
<br />Nebre~ca far insurance, taxes and assesstnenr., and abstracting exunsitin charges, with interest thertan, from date of payment at the maximum
<br />legs! rate.
<br />As provided in the Band secured hereby, while Phis mvrtgage remains in effect the mortgagee may hereafter advance additional sums to the
<br />makers of Bald good, their assigns ar successors in interest, which sums shall be within the security of this modgage the same as the funds origina$y
<br />scented t the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />1St of arch A. D., 19 ~9
<br />r aX
<br />t~ri iyn 5: FQX
<br />~'3`tTTE OF N6BRi3$KA, ~. On this 1St day of March- 399 , trtt'itre the,
<br />COU'N'TY OP HALL
<br />the utidtrsigncd; a 2dotaty Pulilit in and for said County, ptrsana7ty cam"
<br />Rici`IaIRd 1=. Eox end Marilyn S ~ x, etc;: its his and h2r awn r~Igitt afid as souse of eacfi
<br />O'ther wlio aYe persona$y li;nacEn to
<br />rtx to be-the Identical person S .' wlurse ttat*>a,8 a~'P r akifxod ro the above frtatrummrt as marigagor9 and they severalty
<br />adenawdadgZdthtsaiditutru[ttenttobt ih@;~'~` zbltsnuty9~t~i~' '
<br />wITNES.S myhand andNa ~ ~$aatittz deer aftfee~itt.~"
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