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<br />MORTGAGE
<br />A.10RTGAGE LOAN No. L 233?2
<br />KNOW ALL MEN BY THESE PRESENTS: That Donald. E. Wright and Shirley A. Wright, each in his
<br />and her own right and as spouse of each other
<br />Mortgagor, whether one or more, in mnsideratioa of the sum of
<br />Thirty One Thousand Five Hundred and No/100-------------------------------------- noLLARs
<br />loaxd to said mortgagor by The Equitable Building attd Luan Association of Grand Island, Nebraska, Rturtgagee, open 315 shares of stork of
<br />said ASSOCIATION, Certifcate No. L 233]2 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT THIRTEEN {13}, IN KNICKREHM EIGHTH (8th) ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />iogtthcr with aB the tenements, hereditatnents and appurtenanxs thereunto belonging, including attached floor coverings, all window scrttat,
<br />window shades, blinds, storm w°.ndaws, awnings, beating, air conditioning, and plumbing and water equipttxnt and acxssoties thereto, pttmps,uova,
<br />refrigerator, and other fixtwes and equipinettt new ar hereaf:et attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agterd and does hereby agree that the mo..=igagor shall and will pay all taxes and assessttsrna levied or
<br />assessed upon sad premises and upon this mortgage and the bond secwed thrnbv before the sex shall bernme delinquent; to furnish approved
<br />iosuranm upon the buildings on said premises situated in the sum of $ 31, 500, DD pavabk to said ASSOCIATION and to deliver to said
<br />ASSOCt.41TON the policies for said instuana; and not >.o commit ur permit any waste on or about said premises;
<br />In ease of default in the performsrsce of any of the arms and nirsditions aC this mattgage or the bend secured hereby, the tttorrgages shall,
<br />on demand, be entitled to immediate possession of the martgaged premises and [he tnurtgagor hereby assigns, transfers and sets oser to the
<br />tnortgagre all the teen, revenues attd irtoottu to be derived from ihr martgaged premises during sec}; time as the mortgage indebtedncas shag remain
<br />utspsid; and the mortgagee shat! have the power m appoint any agent ar agents is may desire for the pwpase of repairing said premises and rentitg
<br />the sane and collecting the tetra, trnnues and income, and it stay pay out of said income all expenses of reprairit~ said premises and necessary
<br />commissions and expenses incurred is renting and aranagsag the same and of collecting rentals t=tserefrom: tht balance remaining, if any, to be
<br />applied toward the discharge of said tttortgage ertdebtedttess;rhese rights of the raortgagec may be exercimd at any time during the existence of such
<br />default, irresptctivr of any temporary waiver of the same.
<br />These Presents, hawever, ars upon the Cartditwn, That if the said Mortgagor shall repay said loan an ar before ttu matwity of said shares by
<br />payzta:ttt; pay rtrorthly to said ASSOCIATION of the sum sprcif'ud in the Hond stewed hereby as mterest and principal an said lean, on or before
<br />tiu Twentieth day of e_cls and every trx+nth, until slid loan is fully paid; pay all taxes and assessments lesxd against said prttttixs and on this Mortgage
<br />and the $ond secured thereby. before deiitsquersey; famish approved insurance upon the buildings thereon in the surn of $ 31 s 50Q. 00 payable
<br />to s:ai ASSfrCIA { 10'x; tipsy CO salti -1ATYO upor. demarnt all nwnev by~ it mid far such ts„es, assess,-nears and insuranx evith intertst at
<br />the maximum Iaga' rate thereon Pram date of payment all of which Marigagor hereby gees io pay: permit na waste an raid premi~s;kttp and comply
<br />with all the agiemmts and aondttions of the Bond fur S 31 500, QQ this day given by the said Mortgagor to nrd ASSOCIATION, and comply
<br />with a8 the rsguiterntnts of the Cortstnution and By-Curs a! said ASSOCIATION: then these presents xltall becortte nuB and void, atherwist they
<br />s9aI1 rttna® in full fans ash may be foreslused at the aption of the said ASSOCIATION sfttr faitwe for three tnonihs to make airy of said
<br />payments or be three tttonths in arsiars m making said .mt>.tihly payttuats, of to keep and camply with rite agreetrunts and ~toditians of said Bond;
<br />and 1lorigagor .agrcts to love a rexiur appointed furthw:tlt in suzit fors losurc pr ueedings.
<br />If Hurt is any a3sattge as owtsers$ip of the real estau triortattged heteits, by sale or othtrwise, thrn the entire remaining ittdebiedneas hereby
<br />r~ ~d1, at the agtion of 77st• Equitable Buildit>B and loan Assoeiatian of Grand Isisnd, Nebraska, became irrsmedittel • due attd
<br />further orrice, and the atnotatt r ) payable without
<br />eanating dire under said botsd, and any other bond far any additianal advances made thereunder. shall, from the
<br />dale of e~rs~isc of sad optitnt, bear ~!tirres• a tis :,,.::~x,~ legal rate, aed ti•3s mas•,pgc taay the„ br fore~axd to satisfy t1u arruwunt dice an said
<br />Lood, sad any other been! far additional advanta, toaettsr with all soma paid by said The Equitable Htsilding s./Ml Loan Asvxiation of Grand Itdattd,
<br />I+iebtaata for , laass and •*~+~u, a~ erg ezteztson urges, a~iih i i-ttusst ilxtum, from dace of paymutt at the maximum
<br />~.
<br />As prari$e9 in t!u Bimd secured hereby. w#u3e this roorigage remains in effeU the mortgagee may hereafter advance additional sums to the
<br />mrkets of seed Rosa. than or ~•~-~•~+•• vs interest, whiets sums sha8 be within the sectuiry of the taortytge flit same as the funds ori$isally
<br />aged th~e>ry, the 3ofa1 a®erust of prittcipil debt rsos io exmed at any time tau anginal amount of this mortgage.
<br />d this 28th day of March A. >3., l9 79
<br />€ ~Irigh J
<br />~~ ~ :. ~ the 28th day of March I9 79 , before me,
<br />the iinders"sgaad, a Notary Public in and for nett! County, personally uatc
<br />Ibrtald ~. 11h~1ght any! Shirley A , ~ht, each in his and her own ri tit and as suss
<br />6f E6HC#I tsth>e~ ~ r , are Y known to
<br />sore so Ire tfba i ~eaann ; •.~~ tit the above ittRrunxat as tnartgagor s and they ~~tY
<br />~ the atiit:ama~ut Lti ~ •• ~ and deed. J ~/
<br />~ Cam __ ~C;ak;'.:< c. ~,tl ~~/~~!,>~. ~'C%
<br />_ ~~
<br />st ~ au , t~ ' ; > ~ -~, Notary Public
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