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79~ (l1 x:38
<br />MORTGAGE
<br />NiORTGAGELOANNO. LZ3369MGIC
<br />KNOW ALL MEN BYTFIESEPRESENTS:That Russell. T. Freeman and Kathryn S. Freeman, each in his
<br />and her own right and as spouse of each other
<br />Mortgagor, whether ene or more, in wtlsideration of the sum of
<br />Thirty One Thousand and No/100----------------------------------------------------- DOLLARS
<br />loaned to said mortgagor by The Eqtri eh.,: netitding and Loan Association of Grand Island, Nebraska, bfoztgagee, upon 31O shares of stock of
<br />said ASSOCIATION, Certificate No. L23369MG~v , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT EIGHTEEN (18) IN BLOCK FIFTEEN (15) IN ASHTON
<br />PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />iogetlter with all the tenements, hereditamerts and agpwtenancrs thereunto belonging, inducting utachcd noor ooverittgs, ai! window screens,
<br />window shades, blinds, storm windows, awngngs, heating, atr conditioning and glumbing and water egttipizlent and accessories thcrcto, pumps, stoves,
<br />refrigerators, and other fixtwes and egttipr>zent now or hereafter attached to ar used in cotlrxction with said real estate.
<br />And whereas the said mortgagor has agrxd and does hereby agree that the mortgagor shall and will pay ail taxes and us~rtents levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereb} beio:e the same shah become delinquent: to fumi~t :ppru~sd
<br />inxurantt upon the braidings en said premises situated in the sum of $ 31 ~DDQ, DD payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any waste on or about said premisoa:
<br />In rase of default in the performance of any of the terms and conditions of this mortgage oz the bond secured hereby, the tnortgagtt shall,
<br />on demaztd, be entitled to immediate possession of the mortgaged premises and the mongagar hereby assigns, transfers and sets over to the
<br />mortgsgre alt the rents, revenues and inrnme to be derived from the mortgaged promises during such time as the mortgage indebtedness shall remairt
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it ma}' desire for thr pwpose of repairing said premises amt renting
<br />tlr same and coGectittg the renu, rcvenucs and in~rome, and it may pay out of said income all expenses of repairing said premixes and rxcessary
<br />mt®iissiorts and expenses incurred in renting and managing the same and of collecting rentals therefrom: rho balance remaining, if any. to be
<br />applied toward the discharge of said mortgage irtdebrectaess; these rights of the mortgagee may be execcised at any titix during the existeaae of +
<br />dsfauh, irrespective of any temporary waiver of the ssrtu.
<br />These Presrnis, twwesrr, are upon the Condluan, That if the said Mortgagor shalt repay said loan on or boforc the maturity of said Mares by
<br />payment: pay ~ntltiy to said ASStyC7ATlOti of the sum specified in ttsr Bond secrtred hereby as interest and princi}'wl an said loan, on or ttefore
<br />the Twentieth day of each and every month, until said Ioan is fully paid; pay all taus and assessntenu levied against said premixes and on this Mort~ge
<br />and the Boni secured thereby, before deiinquen }~, *."trratsh approved insurutce upwt the 6uiidirtgs thareon in ti:e sum of S ~1,(jQQ. DQ payable
<br />to said ASSOCIATION: repay za said ASSOCIATION upon demand all martey by it paid for sucia taxes. assessments and inswsn,:a with intrrext at
<br />the maximum legal rate tl€ereon from datr of pa}°rtten€ all of which Mortgagar hereby agroos to psy:permit no waste an said premises: keep and comply
<br />with aB the agreements sad conditions of the Bond for $ 31 DQD, DQ this day given b} rho said !.tortgagar to said ASSOCtAT10N, and comply
<br />with a$ the tequirersxnts of the Constitutior. and By-Laws afsssad ASSOCIATION: then thew prexnts shall beeotne null and void, otherwise they
<br />ds:fl amain in Lull force and rrm} Ix ioncbxd at the option of the sad ASSQCI.4TIOti after failwe for tl;rtt tnonttrs to make any of said
<br />paysnenu or be thta mor[ths m srrcars in makntg said monthl}' paymenu, or to keep and wmply with the agrxments and mrditions of said Bond;
<br />and fAongagnr agrees to haa~ a receiver appointed fo;thw:th in such foreclosure pro~•Yedings.
<br />if t[aere is arty ~ +ownorship of the real essau martgaged herein, by sate ar othervt ise, then the satire rerttaitang indcbicdness hereby
<br />ssetsed shalt, u the option, of 7ir Egrdtabk &wldvtg and t oan Association of Grind Isiand,Ncbrasita,bewme immediately due and payable without
<br />ftsRlser tsotix, attd the antoten remaning due u~r said band. attd any othtr bond for any additional advances trade therounder, shall, from the
<br />fau of coronet of said option, bear irterreu at the maximum Icgai nte, and this mortgage may then bt foreclosed to satisfy the amount dtx on said
<br />bond, uid nay other bond for a&iitiattai advasus, together with alt sums paid by said Tise Equitable Btuldirig and Loan Association of Grard island,
<br />Ne>uasta for ittsurwsce, taus and as:es>sae©u, and abst:a>rting etetetssion charges, with inureu tlureon, fmm ante of payment at the maximum
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<br />#~ ps3tada# :; the 13~d xcr..ed hetzby, w-Iti€z tlsi>: trutrtgage retttaitts itr effect the mortgagee tsmy hereafter advaaoe additional sums to the
<br />mdtax of trail )iwod, llsrir assagns or sutxexsarx in inurest, whi31 sums shall be within the security of this itwrtgage the same as the funds originatty
<br />seams thaeby, the total s~t€ of prime debt not to exteed at any time the original artmtmt of this mortgage.
<br />this 24th day of March A. D.,l~l4
<br />-~_ t? r~
<br />vessel! #. F
<br />fi a 5. r+~an
<br />srw~~~ ~. ,~ r~ 24th day flf March 14 79 , b~fare ~,
<br />the under>;gtted, a Notary Pubtk in and for said County, personally came
<br />;'~se11 i'. Fveaaan and Kathryn 5. Freeman, each in his and her own~aht and ~s~~wrtta
<br />- ;~sf ~ o#~er are
<br />eelsfrbe ~sciiul pes>rt¢ S w>xue come S are af£omd to tho alwve insttvment as mortgagor s ana they sev~etally
<br />adkeaaad the aitl i so be tjlEi r vd>mbtry act arm lard.
<br />Wf737IrSS mtr i~ a~ IWssarid Seal the date aforwid.
<br />kty Corr~an ex}urea --. A A /,
<br />- - - --- - - r otary Pub
<br />-- --~ / V ( C'(/
<br />Fi-saes tti ~ ~ tic
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