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79-~ ;~ t~ ~ 756
<br />MORTGAGE _ _
<br />MORTGAC£ IRAN NO. L 23485
<br />ItNa~t'AU,MnxsY?t[~'a=paFSE'rTS:Tnat John W. Parker and Mary S. Parker, each in his and her
<br />own right and as spouse of each other
<br />Monggpr, wleetber oce or more. is eonsidesati~ ~ the a~ of
<br />Twenty Three Thousand Three Hundred and NO/?00----------------------------------------~DpL~~
<br />iaarted to said >rmrtgagor by The Equitable Building and Loan Assoriatba ~ Goad Isfand, Nebraska, Mortgagee, upon 233 rfrares of stodt oC
<br />ASSOCIATION, Certifuate No. L 2345 , da h•_reby grist, rxmvey and mortgage unto the said ASSOCIATION the foaowiag
<br />described r_al tstxu, si[rsi[ecl in Nall Coemty, ebrasica:
<br />LOT NINE (9) IN BLOCK FIVE (5) IN DALE ROUSH SECOND SUBDIVISION, HALL COUNTY,
<br />NEBRASKA.
<br />together wit= all the teremems, hereditaments and appurtenances thereunto belonging, including attadeed floor coverings, aU window seretris,
<br />window shades, blinds, storm windows, awnings, heating, au conditioning, and plumbeag and mater equipment and asoessurtts [herein, pumps,alovea,
<br />refrigerators, and other futures and equipment reow or htceafter attached to or used m wnnection with said rest estau.
<br />And whereas the said mortgagor has agrted and does hereby agree that lee mortgagor shag and wal pay all taxes sad assaesents levied or
<br />asstsaed upon mid prerrei~es and upon this mortgage and the bond secure~'sb~rpby, jyefore the same shag become deBnqueat; to ftrrreialt approved
<br />insurance upon the buildings on said premises situated in lie wm of 5 L..ii ..ii VV UU payable to said ASSOCIATION and to deliver to said
<br />A.SSOC~TION Eke policies far said insurance; and oat to commit cr permit any waste on or aboai said premises;
<br />In case of default in the performance of any of the terms sad conditions of this mortgage or the bond secured hereby, the mortgaeges stud!,
<br />ea dt*nand, he entititd to hamtliate possession of the ~.rtgaged premises and the mortgagor hereby assigns, transfers and alts over to the
<br />martgapfe aU the ants, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness sbsB remain
<br />unpaid; and the mortgagtt shad have the power to appoint any agent or agents it may desire for tau prerport o! repairing said premises sad rentirrA
<br />the same and collecting the rents, ressrerces and moome, and it may pay out of said income aB expenses of repairing slid premises and nttesasry
<br />cornmissiorts and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balanw re~inIDg,ff any, to be
<br />anaG.d iRRard t. ^s°.arge rsf said ~angabe i:.dehtedn~~; Aces;, rights cf the :x~:tgsg» r;ay w exez...~~'.. ai nay tiax du:ir.6 t~ ax k°a.:. cf ;.;.d
<br />ittfautt, irrespectivx of any temporary waiver of !hz sat>x.
<br />-i7rtst Presents, bawertr, are upon the Catraition, T hat a the said Mortgagor stmt repay said loan on or before tht ataturiry of said abates by
<br />mvmenk oar monthly to said ASSOCIATION of the wm strecifred in the Bond secured hereby ss inurest and mmdnal on said bsn_ 00 or before
<br />itre "[k'tnt~:th day of each and every rrmrrth, until said `man is lolly paid; pay air taxes acrd assessments tetxd against said prtmisea aru an this M°i
<br />acrd tlee Eioad ~crertd thereby, before deBaqu_~rscy; firrrtish approved insurance upon the bs:ddings thereon in the sum of S 23 , 3OO.00 payabrs
<br />to said ASSOC[ATIOtQ; repay to said ASSOCIATION upon demand aB money by it paid for welt taxes, assessments and insurance with interest at
<br />the maximwn legal rate ttrereon from date of payment aB of wteich Mortgagor hereby agrees to pay; pem6t no waste on said prtmises;ktep and cemPli'
<br />with a1 the agrcemeats and conditions of the Bond (ar S 23 300.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />wiUr aB the requvements of the Constitution asd By-taws o[ssaid ASSOCIATION; then then presents shag beware null and wid, otherwise they
<br />shall amain in full force and maybe (orerAosed at the option of the said ASSOCIATION after failure for thrct rnonthz to make any of said
<br />payments or be three months m arrears in making sai3 monthly payments, or to keep and comply with the agreements and corditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith N wch foreclosure proceedings.
<br />If there is any change N owrcerstup of the real estate mortgaged herein, by sale or othecwise, thrn the entire remaining indebtedness lreteby
<br />secured stall, at the option of The Equitable Building and loan Association of Crand Ialand,Nebnaka,becorue imnudiately dtrc and payable without
<br />further notice, and the amount renaming due rmder said bond, and any other bond for any additions! advances made theuunder, shag, tram the
<br />date o! exercise of said option, bear interes! ai the maximmn legal rate, and this enongagt may then be foreclosed to atisfy the arrount due ao mid
<br />bood,and r_:y other bond far additions! advances, together with all wms paid by said Tbe Equitable Building and Loan Association of Grand (shad,
<br />Nebra+ka for insurance, taxes and assessments, and abstracting extension clurgea, with interest thttasn, from date of payment at the maximum
<br />kpl mte.
<br />As provided in Rx Baad secured hereby, white this nnrrtgage remains in effect the mortgagee may hereafter advance additional rams to the
<br />ett~tets of mid Bond, their aligns or suorxauus wurttrest, which sums steal! be within the security oC this mortgage the saint as tbe funds origituBy
<br />aetrrred Urcrtby, the total amount of ptineipal debt not to exceed et any rirrce the origirW a.eount of this mwtgege.
<br />t~,~ 24th /~ a~°f July n. o.,lv 79
<br />l / l !- ~ !_
<br />Jtfhn W, Parker.~i;~ ~~ ~ c~~
<br />N&~ry S. Parker'! J yE'F
<br />STATE OF NEBRASKA, ~ ~ ~ this 24th day of July tv 79 , before roe,
<br />£fHINIY O€ MALI.
<br />the uoderaigrwd, a Notary Public in and for sad Coumy, persouaBy ume
<br />John W. Parker and Mary S. Parker, each in his and her awn right ands spouse ~,g~~'
<br />me to ht tM ideati~i pawn S whose nama 5
<br />ar:savwsaagna the said irestrumxai to be their ;
<br />qurlxFS.s my [arid sad Notarial
<br />t»~ si
<br />
<br />above instrurntnt as vmrtgagor S and they severally
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