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79 ~ U ~ () y U
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L23458 KEG I C
<br />KNONrALLMENBYTHESEPRESENTS:That T. Jerry Bishop and Sharon K. Bishop, each in his and her
<br />own right and as spouse of each other
<br />Mortgagor, whether oce or mare, in coasideratioa of the sum of
<br />SixY~r Three Thousand and Nn/1o0-------------------------------------------------~oLLARs
<br />lo.~rtd to slid mortgagor by Tire Equitable Building and Loan Association of Grand island, Nebraska, Mortgages, upon 630 shares of sta$ of
<br />said ASSOCIATION, Certificate No. L 23458 , do hereby grant, convey and morip~ge unto the said ASSOCIATION the foBowirtg
<br />described red state, atuated in Hell Coemty, Nebraska:
<br />THE EAST ONE .FOURTH OF LOT SEVENTEEN X17} AND ALL OF LOT EIGHTEEN (18), ALL IN BLOCK
<br />NINE f3) PARKHILL THIRD SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />• COUNTY, NEBRASKA.
<br />together with all the tecements, hereditaments and appunenances thereunto belonging, including st[actred floor wvetings, aIl window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment std accessories thercto,pumps, stoves,
<br />refr~rators, and other fixteun and egtipment now or hereaftu attached to or used N connection with said rest estate.
<br />Acrd whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes aed aaessments levied ~
<br />assesxd upon said premises and upon this mortgage and the bond secured therebx before the same shall become delinquent; to furnish approver!
<br />inauaaa upon the bm7dirrgs on said premises situated in the sum of S 63 , 000. ~10 payable to said ASSOCIATION and to deliver to slid
<br />ASSOCIATION the polities foe said insurance; and not to commit or permit any wazte on or about said premises;
<br />Ice acre of default in the performance of any of ztre teems and conditions of this awrtgags or the bord segued hereby, the taortgpgee shay,
<br />on demand, be enti[kd to immediate possession of the mortgaged premise and the mortgagor hereby assigns, travelers anti sets over to the
<br />mortgagee a6 the rents, revenues gad inasme to be derived from the mortgaged premises during sudt tune a the rnartgaSe indebtedness stuB remain
<br />urgiaid: and the mocigzgee slea6 have the power to appoint any agent or agents it rosy desire for the purpose of repairing said premises and resting
<br />~- seta and coDttting the teats, zevenaes gad income, and it may pay out of said inrwme all ezpevan of repaving said premises gad neexmry
<br />dons gad expenxs incurred in renting and managing the same and of collecting rentals therefrom; the bahrea rervaiving, if any, ro be
<br />applied toward the discharge of said mortgage i~ebtedness; these rights of the mortgagee may be exerdsed at any Fiore during the existence of asdt
<br />[auk, ir[esperKive of any temporary waiver of the same.
<br />These Presents, howe:sr, are upon the Condition, Thai if the said Mortgagor shall repay said ban on or before the maturity of .said shares by
<br />pnyretent; pay mosihly to said ASSOCIATION of the sum specified m the Band secured hereby as intern; and principil on said loan, on or before
<br />the Twrntkth day of each and every month, until said Man is fusty paid; pay aU taxn and assessmrnts levied against said premises and on this Mortgage
<br />and the Bond severed thereby, before delinquency; famish approved insurance upon the beradmgs tleerean irr the gem of 5 63 000. DO paY+bk
<br />to aid ASSOCIATION; repay to said ASSOCIATION upon demand alt rvoetey by it patl (or seteh taxes, assessments a~ ianrranm with ®tereat at
<br />the maxnmrm Iegsl nu thereon feom date of payrveat all of which Mortgagor hereby agrees to pay; permit m waste oa aid ptemi+et;tuxp and eompty
<br />wUh >U tlx agreements and maditions of the Bond for S 63 OQO _ (}n this day given CY the aid Mortgagor to saw ASSOCIATION, and mmpty
<br />with a6 tlee requheetrents of the Coo#itutioo gad By-Laws of sad IAT[ON; then these presents shah became au6 and void, ottmrwiae they
<br />shah remain in tub force and may be forecbsrd at the option of the said ASSOCIATION after failure for three months to make any of aid
<br />paymdsts or be three months in arrears in making said monthly payrcents, m to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgrffior agrees to have a receiver appointed forthwith in surlr foreclosure proaedaegs_
<br />If there is nay dtaage in ownership of the real estate mortgaged herein, by sale or otherwive, then the rntire rcraa:nirtg irdebtedrxa hereby
<br />segued shah, a[ the rgrtime of The Equitable Bw'Ming gad two Aaociatioa of f rand Island, Nebraska, 6ewme itmreeaiatey due and p~ayabk without
<br />further rrotux, and the amount rerrainurg due under said bind. gad any other bond for any additional advances roads thereunder, shah, from the
<br />date of exadse of aid option bear interest at the maximerm legal rate, a~ thes mortgage may then be foeedoxd to atid'y the amount due w aid
<br />bmd,aed nay other bond for sddrtioad zavanees, io~ttarr with a6 sumx paid try sad The Equitable Building and Loaa Assoaatiov of Grand Island,
<br />Nebraska for iewirava, tags and aarmneetb, and ~stradireg extension cturgrs, with interest thermn, from date of payment at t!re tnsaimum
<br />legal tale.
<br />Aa provided in the Bond secured hereby, while this mortgage remains in effect the e»ortgagxe racy leereafter advance additional mint to the
<br />makers of add Bond, then asaigrs or successors k interest. which sums shah be within the security of this mwtga6e the same as the funds originally
<br />aetaed thereby Focal sem of principal debt rot to exc«d at any rime tare original amount of this mortgage.
<br />~ 23rd ~ of June A. D., 19 ~4
<br />~ 'Pr Bishop ~~
<br />baron K 8i s - p
<br />-STATE OF ~R~~~y~A
<br />COt1Fr l'Y OF HALL ~ On tteis a y day of .CL 6e r{/t 19 ~9 ,before me,
<br />the undenigad, a Notary Prrbtic m and for said County, persoaa0y came
<br />T. Jerry $~$~lF and Sharon K. Bishop, each in his-and her own right and as spouse ofi
<br />each other- are petsnoaByhnownm
<br />me tote the,'Qer~jlpttvoa 5 ~ ~'~. whose crams 5 , are alFi:ed ro rite above inalrerment az,~rtgagor S and they 9e,R~y
<br />s~, ~ that r
<br />~° to15~ whmtary act and deed.
<br />,~4~ aed Nwami Seal the date aforeaid-
<br />_~" t~EC..zr,, ly~o
<br />~, ~ ~ Notary PubBc
<br />sssazsa at `.e ,~
<br />~~
<br />~.ri irtr4H~~"L,
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