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<br />79-a is t ~ ~~ 3 0'7
<br />MORTGAGE
<br />MORTGAGE [.OAN NO. L 23461
<br />RNOWALLMENBYTHESEPRESEN15:Tbat Kirk G. Arnold and Manila D. Arnold, each in his and
<br />her own right and as spouse of each outer Mortgagor, whether one or more,in consideration of the stmt of
<br />Twenty Eour Thousand Eight Hundred and NO/100---------------------------------------~LL,~,zs
<br />:vneri to said mortgagor by The F,quitabie Building and loan Associatioa of Grand Island, Nebraska, Mortgagee, upon 246 shares of stock of
<br />said ASSOCIATION, Certificate No. L 23461 , do hereby grant, conxy and irrorigage unto the said ASSOCIATION the folbwiog
<br />aescribrd real e•:atau, situated in Hal! Connty, Nebeasks:
<br />LOT SIXTEEN (16) IN BLOCK TEN (10) IN BOGGS & HILL'S ADDITION TO THE
<br />CITY OF GRANO ISLANO, NEBRASKA
<br />together with a0 the tenements, hereditaaieats and appurtenances thereunto belonging, indudittg attadted floor coxrivg, all wiisdaw saxes,
<br />window shades, bimds, storm windows, awnings, tearing, air conditioning, and plumbing and waterequiptreent and accessories thereto, pumps,uoves,
<br />tefrigentors, attd a[Iter fixtives and equipment now or hereafter attached to or u5°d in eonneciion 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 assessments levied or
<br />ss~ upon aid premises and upon this tmrtgage and the bond secured thereby before the same shall become delistquent; io furnish approved
<br />iasvancr egton the building on aid premier situated in the sum of S 24 $DD, ~~ payable to said ASSOCIATION and to deliter to said
<br />ASSOCIATION the polices for said insuraritt: cad hat m cctnmit or perrnit'any waste on r: about said premises;
<br />Ise e+se of defaedt rn the performaseer araay of the terror aitd conditeons of this mortgage or the bond secured ?sreby, the trtortpgea sha@,
<br />em demand, be untitled to imroed;au pos~oo of the mortgaged premises and the mortgagor Fxreby assigns, [ransfcrs and sets over to Hm
<br />tmstgage a8 tlee r®ts, revenues avd income to be derived from the rortgged premises during such time as the sstortgge isidebtedseea slsa6 remain
<br />empaid; and the mortgagee shag hex the power to appoint any agrnt or agrats it may desire for the propose of repairing aid pnmtirs acid renting
<br />the same assd mHettirtg the tents, rexnrres aaa income, and it may pay out oC said inrnme all ezpenxs of repairing said prcmiaes and neassaty
<br />mrmmissioss and expeazs "veceured 6~ rentirg ared managing the suce aril of rolkdaetg metals therefrom: the baixnm remzming, if any. to be
<br />aP¢ied tuvrard the diNt.s.g. of said mortgage indebtedteess; these rights of the mor[gagce may be exerrised at nay tithe diving t~ ezistrxece of weh
<br />defaidt, bresprctive of any temporary waixr of the same.
<br />"these Presents, lwwtxr, arc upon the Condition, That if the said Mongagor shall repay said ban on or btfore the matit<ity of aid shams by
<br />Payment; pay ramtthty to sawi ASSOCIATION of the sum specified in the Bond severed hereby as interest and principal an said Iwa, on or before
<br />th Tweatkth day of rash ared exry ttaonLh, until said }can u fully psid; pay ati razes and assessments kvkd against aid peer-ices and on this Mortgage
<br />card the Bma aeaved thereby, before drlingmnty; ftunistt approved ivavanoe upon tht buildings thereon m the stun of S 24 BDO DD payable
<br />to slid ASSOCIATI0,4': repay to aid ASSOCIATION upaa aettsand ail money by it paid for such razes, assrsaoeats and insuFaacG wilts iateieaL at
<br />the etnzianttm kcal nu thereon fmm dale of eaytnent sU of which Mortcarar hereby ogees to pay; permit reo waste on said ptxtstkes;keep attd comply
<br />vrfih ~ the ngretmsena and conditions of tlse Band for S ~A~f~ ilf}his day gixn by the said Mortggus to said ASSOCIATION, and comply
<br />with aB the rrgetiremeats of the Coastittnion :red By-Laws o XSSQCI ATSON; tixn thex preserris stint brconie null and void, otherwise they
<br />t~ ssmaio is fu$ fwtt artd may t+e forrdosed at the option of the said ASSOCIATION afar failure far Uvee ttmntbs fo make any of said
<br />pgmeets or br tluee rmaths m arrears is ®kiog said axvethty payments, .v [o keep and comply rritt; the agreements and conditions of said Bond:
<br />aed Mortgagor agrees io hex a rea:ivtt appointed forthwith w such fore-kuure proceedings.
<br />II there 8 any titange m owaeiskip of the real estate t:x+ngs&ttf herein. by sale ar critsrwive. then the entire remainusg indrbiednea ~reby
<br />aacwted shall, at the option of lac Eytuubk Suihiiteg and Loan Aaociatbn of Graod Islmd. Nebraska, beromt isnraediatdy dtte and payable without
<br />[uthtr hostel, sitct the amount ietrairll!!g die under said bond, and any o[hn bond for aa;• additioaat adsa~oes made thereunder, shad, from the
<br />date of ezer®e of aid optim, bear Issmrgr at the tratxitnam k5a1 tau. and this nwrtgsg r2ffy then be fotu3oaed to aiisfy the amount due on aid
<br />boar, and say otter hoed far additiona3 advaam, together with aL' sums per! ay said The Equitable Biti}diag sad Lone Asso,-eation of Grand Island,
<br />liebtaaka for s~atae, taus aced aaessrnrnts, aced atnirxt~g rzicstntm rturges, with intsrest thereon, from dale of payment at the maximum
<br />~.
<br />As psmsied m tl,e Bond raved hereby, w-hik this tntvtgrgr remains s effect the tttortgagce tmy tKteaftcz adrance additiana! stoat to t~
<br />aalxta of aid Band, their aa>i~gts or sutxxayors m mtrrrst. wYtw-It srmu zhaD br within the security of this snw~tga~ the satoe as the foods otigrnally
<br />std tfsreby, t!e total atnoamt of priacytaS debt net to rzceedd ai any time tree esrigitul arrtaimt of this mortgagt.
<br />`J~!~~-of Jls'~y A. D.. 191
<br />r~
<br />Nartila D. Arnold
<br />9TA7Etv'E~ASI~,~ a. Oethis 5th day of July
<br />!9 79 ,before me,
<br />the d h ~ , a N 9 Pt.blufm afar aid County, so ome
<br />Kirk &. Arnold and !lanila D. Arnold, each in his and er own ri hhtt 33 ~"`as spouse otPareac
<br />Ot~#ir who are prnonaBy taown to
<br />~ ~~ ~ idravs~ P~ s whose tears are atEzed to the above irtstrumeat as mort'aattor s acrd they aeveraity
<br />tlx said i~rt~eet to be their volmdary act cad dead. r _
<br />WrtNFSS my hand ana Notarial °il the dam aforesaid.
<br />My Ct espaes ~~~~ ~ ~~~7~,~ ~~
<br />s_cetl_~•r,*_,•>~Rntt;tt:t<tai '~, _ ' / ~~:_~C- v~
<br />»aanr st 3Cl' ti. -5-!-~1~ / a c
<br />6'.}i:7m~•. Lxi~-S_;a. 1. 192E _,/ - ~;/
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