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<br />79- t~lr3972
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 23454
<br />ICNOWALLMENBYTHFSEPRESENTS:That Juanita N. Pedrosa, (d single person}
<br />------------ Mortgagor, whether one or more, in coosidention of the snot of
<br />Thirty Thousand and N01100------------- -----------------------------~~~
<br />bark: d W said rtnrigagor by The Equitabk BtriWiog and I.rtan Association of Grand Island, Nebraska, Mortgagee, upon 300 sbarea of atodt of
<br />said ASSOCIATION, CMificau No. L 23454 , do hereby grant, convey and mortgage unto the said ASSOCIA190N the following
<br />desm"bed real eNau, situated in Nall County, Nebraska:
<br />THE EASTERLY FORTY FEET (40') OF LOT SIX (6), BLOCK THIRTEEN (13)
<br />JOHN W. LAMBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />together with aB the unemenu, hereditamenis and appurtenansts [hereunto belonging, including attached floor coverings, all window meets,
<br />-window shades, blinds, storm windows, awnings, beating, air conditioning, and plumbing and water equiprrent nut accessories thereto, pampa, staves,
<br />refirgeraton, and other ftrtttres and egtriptneat ~w or hereafur attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assstamerits levied ar
<br />aaeaed upon said premises and upon this mortgage and fire bond segued thereby before the same shall bemrne delingtrrnr to furnish
<br />insruance upon the buildings on said premises situated-in the sum of 5 3O , 000. QD payabk to said ASSOCIATION and to deiivera~a~~
<br />ASSOCIATION the policies for said c,.n,,,orr; and oat to wmmit or permit any waste on or about said premises;
<br />In case of default in the perfonmaa of any of the terms and conditions of this mortgage or the hood leaned hereby, the mortgagee a1taB,
<br />on demand, be eotitkd W imatediau po~steaioa of the mortgaged premises and the mortgagor trercbY assigte:, trznafen and sets ova W the
<br />tatirtgayger tall the trots, reventscs and income to be derived from the mortgaged premises during such time as the mortgage indebtedmas shall remain
<br />rmp~d; a~ the nsoctgagee ~raB have the power to appoint arty agent or agents it may deal-e for the purpose of repair6rg sad premises and rentieg
<br />the same and wBediog the rents, rcventres and income, and it may pey out of aid income all expenses of rrpaitinB mid premises and rrerxmry
<br />wmroiasions and expemca legated in renting and trtamgirrg the same and of colkctirtg rrntals therefrom; the bataoa rerotiniog, if any, to be
<br />appBed toward the discharge of aid mortgage indebtedness; toes rights of the tnortgagce may be exercised at any time during the exstext of ~
<br />default, _ii[ealleetite of any temporary waiver of the slate. -
<br />Thes Presents, however, are upon the Corr3ition, Ttut if the mid Mortgagor shall repay said Loan on or before the maturity of mid shares by
<br />payment; pay monthly to said ASSOCIATION of the stun spedfied in the Board scored hereby as interest gad principal on said loan, on or before
<br />the Twentieth day of eadt and curry month, until raid Bart rs fatly paid: pay all tares and aR.R...ents levied against said prccniss and oa this Mortgage
<br />amt the Bond seaaed thereby, before delingtrrncy; furnish approved instuance upon the buildirgs tixreon in the sum of S 30 s 000.00 PaY~
<br />W said ASSOCIATION; repay to said ASSOCIATION trpon 3emand ail money by it paid for loch saxes, assessments and instrrance with interest at
<br />the maximum kgat nu thereon from date of payment aB of which Mortgagor hereby agrees to pay; permit ~ waste on said premises;kap and cota(dy
<br />_ with aIl the agreer[reats and conditions of ttx Bond for S 30 OQQ , QQ this day giarn by the aid Mortgagor to said ASSOCIATION, and asmply
<br />with ail the requirements o(the Constitution and By-iias of said ASSOCUTION; then these presents shall become nod and void, othervriae they
<br />shah rtwrak in full fora; and may be foreclosed at tin option of the said ASSOCIATION afar failtue for [lace months to make any of said
<br />payments or be three r~nths in arrears in making said arortthiy payments, or to keep and comply with the agreements and coadhions of said Bond;
<br />and Mort~gor agrees to have a rcomrr appointed forthwith in sirefi forecloarre proceedings.
<br />if there is aqr tfiattge m ownership of [he real estate mortgaged hereto, by sak or othtrwix, they flu entire remttittir~ tedebtedtrw
<br />scarred shell, at the optitm of The Equitshk Budding and I.o:rr Asso~tioa of Grand Island, Nebrasfra,becora immediately dm and payable with~oet
<br />Rather entice, and the amount reatessrie,g due tinder saw bond, and any other bond for any additiotal advances made thereunder, abaft, from the
<br />doge of t;xeridse of said option, bear inurest at the maximum legal nu, gad the mortgage tiny then be foreclosed W mtisfy the amount dare on said
<br />bastd, and any other bond for adtiitioml advanax, together with aB atom paid by said 't'he Egtritabk Btnldittg and Loan Asociatioa of Grand island,
<br />Nebradca .for irtsanna, taxes and asteaameets, and abstratding extension charges, with inurest thereon, from date of paytrent at the maximum
<br />~ ~-
<br />As provided is the Bond lactated hereby, whde thh mortgage rcntains in effect the r~r4gaga may hereafter advance additional autos to the
<br />makes of said Boml, their assigns or successors in interest, which sums shall be within the scurity of this mortgage the same as the ftmds originally
<br />segued thtneby, the total amount of principal debt got to exaxd at any time the original amount of this mortgage.
<br />,.,, 1 thin 22nd day of June A. u., 79 74
<br />'Juartil:a N .Pedrosa
<br />sTAa~ c~ xEffitAStu,
<br />AfDt7l~7'Y ~, HAId, ss. - Oa this 22nd der of June 19 79 .before mc,
<br />Ju7ldli tB N. Pedrosa , {a s i ngl ~ parson) the onakad~ed, a Notary Public in gad for aid County, persotraity came
<br />- who i S personally known to
<br />az to be theideratial peraoa tvhoae name - j S atfttc' ed W the about h~~s mortgagor and S ht? severally
<br />adwnwlatlged-the aid arsfrtrtaeat W be her voitmtary act sad dad.
<br />1oITNESS mY Irmd gad Notaries! Scat the date aforesaid. ~ ~~
<br />ls7a~ ~ µ NOTAir • State at Nebr. ~, j Notary Public
<br />aAME`S VY, 8LSf3iv
<br />My Cemm. EHr. NtN, i2, 1919
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