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<br />79~ ~1c!9235
<br />MORTGAGE
<br />MORTC,ACE LOAN N0. L 23464
<br />KNOW ALL MEN BY THESE PRESENTS: That Robert C. Chase and P4ary J. Chase, each in his and
<br />her own right and as spouse of each other
<br />Mortgagor, whether one or more, in coDSideration of the sum of
<br />ihir y Five Thousand and NO/100____________________________________________________poLE,A~
<br />leaned to said mortgagor by The Equitable Building and Lunn Assocation of Grand IsL•md, Nebraska, Mortgagce, upon 35D shuea of stock of
<br />aid ASSOCIATION, Certifipte No. L 23464 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situates! is HaB County, Nebraska:
<br />LOTS TWENTY-THREE (23) AND TWENTY-FOUR (24) IN BLOCK SIX (6)
<br />IN ASHTON PLACE, AN ADDITION TO THE CITY OF GRAND 'l BLAND, HALL COUNTY,
<br />NEBRASKA, AND ALL OF FRACTIONAL BLOCK FORTY-NINE (49} IN THE SUBDIVISION OF
<br />BLACKS FORTY-EIGHT AND FORTY-NINE (49) OF CHARLES WASMER'S THIRD ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA,
<br />tvgeUkc with aB the teaemenis, heredltanrents and appurtenanxs thereunto belonging, including attached floor wvetiags, all window s<.reerrs,
<br />window shades, blinds, storm windows, awnings, heating, as mrrdi[ionirg, and plumbing and water equipraeat and accessories thereto, puraps,stores,
<br />tefri~ratws, and other fixtures sad equipment now or hereafter attadred tv or used yr corrrnclion with said real estate.
<br />Atd whereas the said mortgagor bas agreed and does hereby agree that tM mortgagor shag and wiB pay all taxes and ssteasnenls levied or
<br />stseacd upon aid premises and upon this mortgage and the bond secured thereby before the same sha1F bernme delinquent; to furnish approved
<br />insuranx upon the buildatgs on said premises situates in the sum of S 35 ,DDO. DD payable to said ASSOCIATION and to deliw_r to said
<br />ASSOCIATION the policies for said insuranx; and trot to wrnmit or permit any waste an or about said premises;
<br />In rag of default in the perfortmnce of any of the terms and ~nditions of this mortgage or the bond ~cmed hereby, [he mortgagee shall,
<br />on demand, be entitled to immediate possessor. of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />trwrtgagx all the rents, rexetrues and intone to be derived from the rtmrtgaged premises during such time as the mortgage indebtedttes: shall remain
<br />tntpaid: asd the: tnortgsges shag have the power to appoart any agent of agents it tray desire for the purpose of rtpaitvrg said premises and renting
<br />the same and collecting the cants, revenues sod income, rnd it may pay out of aid owtae all expenss of repairing said premises and taxemry
<br />mme~ons and expenses incurred is renting sad nuaaging the same and of coBtetiag rentals therefrom: the balanx remaining. if any, to be
<br />applied toward the dist#argc of said mortgage indebtedness; these rghu of Ue mortgage' may be ezerciaed at any titoe during the ezisteaa of sttdr
<br />defatit, irrespective of soy temporary waiver of the same.
<br />Tires Prexats, however, arc upon the Coxrditian, That d the aid Mortgagor stag repay aid loan vn or befot the maturity of said shares by
<br />payment; pay mouthy to slid ASSOCIATION of tie sum specifed in the Bond secured htmby ss interest std ptindpal on aid loon, on err before
<br />the Twentieth day of esclt and emery rnonUr, until said loan a fully paid: pay all taxes and assssments levied said
<br />against premises and on this Mortgage
<br />and the Bond accrued thereby, before del®querrcy; furnish appaoved inmranx upon the buildings thereon in the sum of S 36 , OOD. DD Payable
<br />'o ai ASSOCIATION: repay w card ASSOCIATION upon demand all money by it paid for such tsxu, assessments and >fl~--- -- with interest at
<br />the maxitmrm legal axe thereon from date of payment all of which Mortgai~r hereby agrees ro pay; permit ao waste on said premises' keep and comply
<br />with all fire agreetDents and conditions of tee Bond for S 35 DD ~;l(l Uric day given by Lhe said Mortgagor to aid ASSOCIATION, and compy
<br />with all the requirtments of the Constiiuiivn and Bylaws of sa~A.SSOCIATION; thrn rhea prtxats shag become null and wid, otherwis they
<br />daB retmvr is full tcrx sad trey be forecbsd at tee option of the said ASSOCIATION after failure for three months to matte soy of said
<br />pay~Dm or be three months in anean in making said muathhr payments, or to keep std mmply with the agreements and conditioro of said Bond;
<br />std MonP,agor agrees to have a rexitsx appointed forthwith o arch (areclomre procetximgv.
<br />li Ihete is any dtange ®orraetshup of ~4e rest euate rtrortgaged herein, by ask err otherwise, then the emirs remaining indebtedness hereby
<br />atv;raed sirdi, at the option of The Equitable Bwldnr$ and Loan Association of Crand !:land, Nebraska, beootne mtntediatety due sad payable without
<br />fmtter Doric=, and the amount rereainr_rsg doe utder aid bond, and nay other band for am additional adtratrxs made thereurder, ~, from the
<br />date of tzucae of said option, beg mreres: at the maximum legal rate. std this macr~g, may then be foreclosed to atisfy the amount dDe on said
<br />bond, and asy o3het '.toed for "u°"""t ~vV`r~, t~tyes s,h all tats gard by said Tfes Equibbk BurTdirrg and Loan Association of Gtwd Island,
<br />NaMata for isa®x, fazes and assetsarerrts, and ahstractirtg sneavon chaste, with uttettnt thereon, Irom date of payment at the rmximum
<br />~~
<br />As provided n the Bond stirred hersby, wlale the ntottgag remains o effort the arortgagee tray hereafter advance additional soma to the
<br />takers of said flood. then a or sttcxssors in interest, which sums shall be within the security of G7is tnoetgage the same as the (wds otiginatly
<br />scented theaebr. the total arrwunt of prima-p-~r deM rwt to ezcced at any tie the orginal areouat of tltis mortgage.
<br />2~d 7 mY f July A. O., 19 79
<br />~/ /.
<br />Nary J, Cha~~e L' -
<br />~~' f sa. Oe thin 2nd day of July I9 79 , before tne,
<br />the itoderdgoed, a Notary Public m and Enr aid County, roonaBy came
<br />Rf~best C. Chase and glary J. Chase, each in his and her own right and as spouse o~each
<br />4~1`
<br />alto are rersaaanYknawnm
<br />fib is 6e the ideativt petaan g whale ''note S , d re affixed to the about itrstrmeent as rortgagor S and they severally
<br />admow~ed the sad iostrumeDt w ix their voiumtuy act and dced. t~
<br />N7T7VE5 my hard std Notarial sea! the ifate aforcaid.
<br />My Commisoon eaphes -
<br />~~ m ,¢c~ N ry Pub&
<br />i ~' ~. ~ 1 GENERAL NpTpRy • Style o! Nsbr,
<br />(~'} ~ t~ JAMES W. OLSOPI
<br />~ a My Comm. E,p. Nov. 12, 1979
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