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<br />79-~ UU41K6
<br />MORTGAGE
<br />MORTGAGE LOAN NO. ( 23461
<br />KNOW ALL MEN BY THESE PRESENTS: That David W: Talkington and Deborah I. Talkington, each in
<br />his and her own right and as spouse of each other
<br />MorS~gor, whether one or more, in oonsidentzon of the win of
<br />Twenty Three Thousand Two Hundred and NOl100________________________________________~~~
<br />toned trr said mortgagor by 71u Gquitabk Buading and Loan Association of Grand Island, Nebraska, Mortgages, upon 232 shoe of creek of
<br />slid ASSOCIATION, Certifinu No. L 23461 , do hereby grant, convey and mortgage into the said ASSOCIATION the followbg
<br />described real salate, situated in Hall County, Nebraska:
<br />LOT TEN (10) IN BLOCK TWELVE (i2) IN PACKER AND BARR'S ADDITION TO
<br />T~~E CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />together with aB the tenements, heredinments and appurtenances thereunto belonging, including attached floor coverings, aB window screens,
<br />window shades, bonds, aorm windows, awnings, heating, av conditioning, and plumbing and water equipment sad aceesvories theuto, pumps,ffioyas,
<br />ufrigeratars, and other Factures and equipment rww ar hereafter attached to or used in connection with said real estate.
<br />Ard whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall acrd wiU pay all taxes and asxstments levied or
<br />assesxd upon said premiss artd upon this mortgage and the bond secured thereby before the same shall become delinquent; to ftnnialr approved
<br />insruance upon the headings on said prcmiats situated-in the sum of 5 23 , 200.00 payable to said ASSOCIATION and to delis-r to said
<br />ASSOCIA710N the poems for saidvtsurance; and not to oominit or permit any waste on or about said premises;
<br />Ice ux oC defiteh in the perfortmnce of any of the tervts and conditions of this mortgage or the bond secured hereby, the mrntgages shag,
<br />m demand, be entitled to imrtndiaie possession of the mortgaged preeniaes and the mortgagor ~reby assigns, transfers asd xts over to the
<br />mortgagee ad the rents, revv:nua and irtwtne to he derived from the rrrortgtged prrmites during such time as the mortgage mdeb[edneas ahaB teraaip
<br />unpaid: and the ttrorlpgee ahaB have the power to appoint any agent or agents it may desire for the purpox of tepa¢ittg acid preroixa and tenting
<br />the ame and collecting the rents, revenues and inwtrm, and it may pay out of said incomt all expenses of repairing said premixv and roceanry
<br />commisffioas a~ expemts incurred in renting and toaoaging the same and of colkctirg untals therefrom; the bahnce rettssinhtg, if any, to be
<br />applied toward the discharge of said trtor[gage indebtedness; these rights of the mortgagee may be exercixd at any time during the existence of stech
<br />tkfauft, irrespective of any temporary waiver of the same.
<br />T'ixx Presents, however, are upon the Condition, That it the said Mortgagor shall repay said Iwo on or before the maturity of said shares by
<br />payment; pay monthly to said ASSOCIATION of [tie sum specified in the Bond secured Hereby u inurest and y intipd on said loan, on or befom
<br />she T'wmtieth day of each sad every month. until said ban is fatly paid; pay as taxes sad assessrixnis tested against said premites and on this Mortpge
<br />and the Band seared. thereby, before delinquency; famish approved insurance upon the braidings thereon let the sty of 3 23, 2DD. DD
<br />to said ASSt;eIATION: repay to saM ASSC~IATIO,y upon demand ail money by it paid far such taxes, assessments and imueance with rata ~at
<br />the trraxisrum kpt ran thereon from dau of payment alt of which Mortgagor hereby agrees to pay; permit tto route on said premises; itecp and comply
<br />wtth air the agreements sad mnditiom of the Bond for 3 23 200. ~~ this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />vrith a4 the requ'¢emeats of the Constitation and 8ydawa of'said ASSOCIATION: then these presents shag become nu11 and void, otherwise they
<br />f~B te®vt m ftdl fora and ~y be forec[oxd at the option of the said ASSOCIATION after faawe for flues months to mdse say of slid
<br />payments a be three months in arrears in aukiag said month ;~ pays.rents, or to keep and mmpty with tht agreements and oonditions of 9aM Bond;
<br />sad Mortgagor agrees W harx a [uzivet appointed forthwitf in such foreclosure proceedings.
<br />if [bete is any elraoge is owncrdrip of the real estau mortgaged herein, by sale or otherwise. then the entire remaining indebtedness (terra
<br />secured shag, at the option of The Equitable Beading and Imo Association of Grand ldand,Nebrulca, beeotce imtrtediateiy due and payable tvittt n
<br />farther notice, and the amount temairtirg due u~r said bond, a~ any other bond for any additional advances msdt thereunder, sbsA, from the
<br />date of eserdse of said option, bear iatereat :i the nnaaimtrm legal ran, and this mortgage may then be foredoxd zo tatidy th amoant due on said
<br />band, and any outer bond for : 9ditiorral advances, together with aB stuns paid by said The Equitable Buadnag a~ Loan Association of Grand [shod,
<br />Nebraska for irtsurasa, raze sad saessmertts, and abstracting extension rlrarges, with iaurest thereon, from date of payment at the ttnximum
<br />~ rate.
<br />Aa pmvirled br the Bomd zoned hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional arms to the
<br />meters of said Bond, 4htir' aligns or successors m interest, which swan shall be within t~ security of this mortgage the same as the farads originally
<br />teased thereby, the total aerount of printcipd debt not to eaoeed at any time the orig"vtat amount of this mortgage.
<br />~~,,d~ 24th star ~f June A. D., lv 79
<br />Deborah I. Talkington ~-
<br />&TATE OF NF.BftASRA, ~ g On this 29th day of June 19 79 ,before toe,
<br />Cfll1N1Y OF HAIL
<br />the tmdcnigned, a Notary Publk in and for ~ County, personalty came
<br />David ~. Talkington and [~borah I. Talkington, each in his and her w~ right, andsy s~onuio
<br />of each other are
<br />rim ~ ~ ~ - t~ s tvlreae come S are affued to the above ~ u mortgagor S - and they xverally
<br />acimorvledged the ttdd itutn®eat to be their votantsry act and deed_
<br />WITNESS my head std Noenatl seal the dau aforesaid. ~ fig(
<br />My Coteaainaianr expires /y
<br />aras•s rU S~..f~.i: ~Si;,RY - M ~ - ~~-'~ Notary PebGc
<br />JAMES W. GLSON
<br />1 a. Aty Comm. fop. Nov. 12, 1979
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