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<br />K~~GAGi?.
<br />_~~- etTt;ACI: LOAN lam- ~ 23~__.~_~
<br />~c`wAl-t-~tl:Ne~~tgtls~€~i~~>:N'ts:'chat De3aryn ~!. Yantiorn and Jane ~!. VanHorn, eaoh in his at3d
<br />her own right and as spouse of each other
<br />------- ~lottgsgor, whether one rrr more, in ooe:xdaation of ttac z~ of
<br />Thirty Six Thousand and NUJ/IOO-------------- ------ ------- --~~~
<br />tootled to said nrr;rtgagor by The Equitable Budding and Lawn Asaociatiaa of C.rvrd Island, Nebra~a, Mortgagee, upon 36D slvrea d sttadr of
<br />sax: ASSOCIATION, Ctrtsf~te No. L G3~9 , da hereby grant, wavey and nrortg~ aura the aria ASSOCIATION the fo@vwin6
<br />described real estate, sitaattd in Ball County, Nebraska.
<br />LOT ONE (1) ISLAND ACRES No. 9 AN ADDITION TO 7!1E CITY CF GRAND ISLAND,
<br />HALL COtlNTY, NEBRASKA.
<br />tagctlser with aD the tenements htrcditamrnts and appurtenances t(xreunto belonging, ittciutintg atta~ed floor aDVerings,.aB witxlow screens,
<br />wiraatuw shades, Minas, storm windows, awnings, hea[irrg, air conditioning, and plumbing z~ water equiptffint aruf accessories thereto, pumps, stouts,
<br />rtfrigtrafars, sad other fixtures and equipareat now or hereafter attached to or sited in cnnrrcction with said real estate.
<br />And whtrtas the said mortgagor has agreed and does hereby ogee drat the mortgagor shall and wiB pay aB taxes and ttat~ats or
<br />arm:sserl upon said premiers and upon ibis ttwrtgage and the bond secured th~r~t~y 1~fore the same shag become detingtrent; to furnish approved
<br />trrw,rarace upon the bmldings on said premises situated in the s.tm of $ 36 , UUU . DO payab~ to said AS5t~CIA"TTON a~ io deBver to seal
<br />ASSOCIATION the poticses for said insurance; and Hai to wmmit or permit any waste on or about said premises;
<br />!n ease of default in the performance of any of the tear < anti mt~i:tia~s o£ rte:. r..w.rr~ M rti. ,r.-~,nd ,,,`~,-~; ~~~-,-4bY ..}- ~r
<br />on tfeatand, tre entitled to immediate posseaion of the mortgaged premises and the mortgagor hereby assigns, tramf'gs and acts aver to the
<br />rortgagee aB the rents. revenues acrd iamme to be derived from the trnrtp~geet prea~;K during such tinee as the mortgage ntdebtedaess shall rein
<br />unpaid; and the mortgagee shag have the power to appoint any agent or agents it may dt>are for the pstpose of tcpavirrg said premises and rtmtirgS
<br />rite same and collecting the rents, revenues and income, and i[ may pay out of said income alt expemes of repairing said premises and nera:mry
<br />txerrmissions and ezpenscs insured in renting and managing the same and of collecting rentak therefrom; the bahace rentainir~,ff any, to bt
<br />ap~ied towara ilte discharge of acid mortga~ indebted-~; tt r~phts of the martga~ Hwy be eztrrised ai say time dieing tttt existence of sr~t
<br />defauh, intxpectivt of any temporary waiver of the name.
<br />Tl~~ Prtrertts, however, are uprrn itce Condign, That if the said Mortgagor sbaB repay said loan on or before the tmtte6ty of aah€ shtrres by
<br />paytrrent; pay monthly to said ASSOCIATION of the sum specified in the Bond allotted hereby u interest turd princpal on aid loan, on or befom
<br />T'-~ta.Lrt d..l of °i. ~°h a:.d a ~r~ . ~nih, Lurid loan ~ fully paid; ~Y all taxt3 and a~scatmcafa Icvied again said premises sad oa tnis?~iart~e
<br />aa~ tt~ end yea *lYreLw hfarc ? lSt~t~•^ncv; ~ am~e a~.praaa ersn.r,~nct rte. t,~ ~. .hcr~n ~ it smn tFt' x rr ~^
<br />s~ 6 vJO. trJ ~le
<br />to aid AS"st"3CIATffi'~`; re,-say~to said A55t3CiATiON upon demand aft rnatury by it paid for such texts, asaesstttenta a~in~tuance with iatt:aest at
<br />tip -~ti: r ~~l .are rg,,....ot ..a^r ~re of ,*+ayrrtenf as ae «h.~h `~art~.bsr Mrsby ~,°ts to ~Y; t~,~ . ;,a ~ ~ ~. p.~ss•;~~;~+s3pn=
<br />wltth au ~t agttmtnts anti conditions of rite Bond for ~ 36 D(~Dthis day given by ttte said Mortgagor So saw ASSOCIATION, end cirrripfy
<br />with all the requirements of the Constitution and BY-laws of sat IATION; then these presents shall become nuB and wid, otherwise they
<br />shag retnairt 'vt full farce and may be foreclosed at the option of the sad ASSOC[A770N afttr failure for thrtx months to nuke any of said
<br />payments or be !hrte months in arrears in rnakitig said matth[y payments, ix to keep and comply with the agetruents sad conditions of aid Hood•
<br />sad Morigsgoc agrtes to have a receiver appointed forthwith in such foreclosure proceedings. '
<br />ff there is arty change in ownershig of the real estate mortgaged herein, by sale ar otherwise, then the entire rein ~ htxtby
<br />secured shalt, at the ogt~rt of The Equitable Building and Loan Association of Grand islmd,Nebraaka,bemme immediately due sad payable without
<br />further notice, and the amount remaining due antler said bond, end any other bond for any additional adraocea made thereunder, shag, from the
<br />tote of exercise of sad option, hear interest at the maximruu legal rate, and this mortgage may il~n be foreelasad to sat~y ttte anwunt due as aid
<br />bond, attd any other bona for additional advantxs, ttrgether with aB soma paid by acid The Equitable Bw7ding a~ Loan Aasoeistian of Grand 3s~,
<br />Nebraska far insurance, taxes and assessments, and abstraMing extension t3targes, with interest tht:reon, from date of payment at ttu ttuaimum
<br />cafe.
<br />As provided in tht Bond secured hereby, while this mortgage remains in effect [he mortgagee may hereafter advance additional sums to the
<br />makers of said Bond, heir assigns ar sucs:smrs in interest, which stuns shag bt within the security of this mortgage the same u the funds eriginaliy
<br />secured thereby, itte total amorutt of principal debt t to exceed at any time the oripnal amount of this rtrortgaga
<br />td~ //Z~th~ / yof JULY A-D.,39 ~9
<br />-~;~,; an;,ern
<br />Jane Ni. VanNoril
<br />STA;lY: OF 3+1E$RASKA, ~ ~ os this 27th ~, of J U I y I9 ~ g , beftrn ms,
<br />COUNTY OF HALL
<br />- - the undctaigaed, a Notary Public in aed for said Cotmry, persueally tame
<br />De"iwyn Gf. VanMorn ahd Jane M. VanNorn, each in his and her own ri ht and as s o~use of
<br />each other - '-^-'1 ~"b° are ~`'° ~'
<br />atw to be the ideatit~ person 5 whose name 5 dre affued to the above ituitwuent u rrtortpt~or 5 and they st:verally
<br />-~
<br />~ ctrl solo inuraarrart in be their wluntacy ant ana aced. ,;' ,/`
<br />71ITNESS ray tread and Notarial Seat the dais aforesaid. ' '
<br />MY Crm!>~•~rt types t !f _ 1 - /~
<br />~xL~I~LF,L`.F?Y-~`rra:„,,;,r:s; ~ /~ ~~Notarlic,/f
<br />HI:bara nt ~ JC3Y ht. BSI '~El' 3 ~~ ~~ =~ ~
<br />(^ ,,,,, qty C.omn. :zp. S,~Nf. 1, i~I ~: ~.~
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