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<br />39--4r9~;3
<br />MORTGAGE
<br />MORTGAGE LOAN NO. LZ35OO
<br />IINOW ALL MEN FY THESE PRESENTS: That Wi 11 i am C. Taylor , J r. , a si ngl a person
<br />Mortgagor, whether one or more, in coasideratlon of the sum of
<br />Thirty ThreeshtZUSand Five Hundred and NQ/i00-------------------------------------Dpf,LARg
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebrasra, Mortgaget, upon 335 shoes of stock of
<br />said ASSOCIATION, Cert~ate No. 3500 , do hereby grant, wnvey and mortgage unto the said ASSOCIATION the following
<br />described real esta'.c, situetad in Hall ounty, Nebraska:
<br />LOT TWO HUNDRED FORTY THREE (243), WEST LAWN an ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />together with all the tenements, hsreditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />window ~tades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and waxer equiprrxat and acct~tatim Hteroto,ptamps,stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or teal in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and wilt pay aU taxes and asaetmnanu levied ar
<br />assessed upon said premises sad upon this nwr+.gage and the bond secured thereby before the same shat! bemttte delfngtuat; to furnish spproved
<br />insurance upon the buildings on said premises sitwted in the sum of 3 33, 50Q , OQ payable to said ASSOCIATION atad to deliver to said
<br />ASSOCIATION the policies for said insurance; and Hutto commit or permit any waste on nr about said premises;
<br />In case of default in the performance of soy of the terms and conditions of this mortgage or the bond secured hereby, the IrWrtgagtt sha'1,
<br />on demand, ~ entitled to immediate possession of the mortgaged promises and the ntottgagor hereby assigzts, transfer and cats oust to tits
<br />mortgagee ap the rents, revenues and intvrtu to ba derived from the rrwrtgagtd premises during such tuna as the motgage indabtedrtess shalt rctraaia
<br />unpaid; and the mortgagee shall have the power to appoint any agen[ or agents it may desire for the purpose of repairing tadd presrtisas aaad raatittg
<br />the carne and collecting the roots, revenues and income, and it tray pay out of said income aA expenses of repairir~ recd prctniaea amt necxarary
<br />commissions and a:epenaes incurred in ranting and rrwtaging the same and of collecting rentals therefrom; tlw lya}attx rctminiag, if say, to be
<br />ap~rlied toward the discharge of said mortgage indebudrteas: thane tights of the mortgages may br exertiaed at say time dauing the sxiatsnae of atria
<br />d~ault, irrespecrsva of tray temtaa€ary sva:xr of rise saase.
<br />[ nt se Praserrts, lsnw-eset, are upan the innottinn, -That of rise said 5inrtgagat shah repay said Loan nn nr colors the tt~itrtity ~ atlases L=y
<br />payment; pay tsu5nthly to said ASSOClAT10N of the ram a-paciftart in tine Bnnd secured hereby as intarcst an.1 prsmapai on said loan, oa or ifafurs
<br />the Twen[ieih day of each and rvery month, unlit told hun is fully paid; pay all taxes and assvsamems tavied against Laid prattuaas sad on this Mortg~
<br />and ilae Bond ~cureti char by t±sitrc delinquencv . t urnish apgrrs-+~ad insurance upon the budutgs thcr~u in t~ta ~:at t~ lr 3~ 5„ p
<br />to mid A.~a."°.s.~,.s.:. t....; .-~ ,'.:i~n5c IATt^N c~~ =`l ~~is3' '`--3 et ~~ Far s*x-h t=zar. a~~is ~'_ ~._~~ ~ s
<br />the maximum legal rate tiutaan from Sate of payrtaeai sit at which Mortgagor hereby agrees to pay; permit nu vnste oa said prea»an: clasp and rampiy
<br />with all the ayreetnents and csanditaans of the frond fur S 33 , 500, 00 this slay given by the asid Martgagsar to said ASSOCLttil'IQN, and eoannly
<br />with all liar rzquur-meats of the C: Rtttut~aa out By-Laws of said ASSClC1ATION; -then iF,ax pres¢ats slisll be~aae sort aRd void, ettteitris tsar
<br />shall remain in full iurce aed rosy Sc [sueclased a rise option of the said ASSOCIATION after failure for dune mnrttha to tmkt any of suit
<br />luyr[untr nr 6e three rawnths in a<rnarv is making lard monthly payments, ur w keep and sxamply with the at;rcemeats sad cvaditiotta tat sid Bsauf:
<br />and Mortgagor a$reea to have a re.:eever appamted furthwrth in stu'h fateciosute proceednags.
<br />IF there b any ehanpe ut eawttsnttip of t~ real estate mortgaged tuaein, by solo or othetwim, than Ute emirs ratrratnirgt itartetuadnaaa iaere0r
<br />aeatucd B, at the ~?psson of The Equit~sla 8uildirtg sad L+usa Aawxistion of Grand 1s~rtd,Nebraska,bta v+me idly duo and yule vstthous
<br />further notxa, and the amount retruirtutg due utukr soot bond. and any other band for any sddittotta! advaacss taaade thercitrtdet~ahaB, Cram ttre
<br />date ui rxerciae of said option, Maas interest ar the maxitnwn ~ rate, and this araa~rtgsga may rhos Da fasadwed to satiety the asst duo as said
<br />band, and any athar band for additiortai tom, i<a~that with a6 atrma paid by said Tha Equitable Sutle9istS aed Lana A~r:iratiost of Grauati iala>ad,
<br />Nabrealca for inaarsnce, taxes sad asaetstnaaats, sad trtc~tr~ exretatdtut charge, with gatere~ thereoa, atolls data of paytrasnt at the a~
<br />lepd rata.
<br />Ae praridad i+t rasa Sand sscaarad botchy, wtaria [hta ntort~e tettsaina in affect the mortgatlee easy ha»aftot tsdvaatx adst:xarud autos to tM
<br />Holton of Hid Bond, than +atwgnr m roarrra w im+rau, wtach woos shall ba withia the aacwity of this taaattgags the was ar the r'uadr urigtsaUy
<br />saourad thereby, ttae total amuatttt of prutcrpel debt nut to eataeed at say lima the wigirtal amount of this tattxt;;trga,
<br />I?aReti this 15~, ,..... day gS ~~~5 ~ A. [t.. t4 79~
<br />l
<br />B1'A7f; fly NBBRA31Cd, ~ ~, On 1 S t
<br />COt7N'i"Y OIz HltLl.
<br />William C: Taylor, Jr. (~, s,f~~st~rl}
<br />~. ,
<br />ma`to be rite idsntkvtl panoa wltaa~.aama ~~` iJ'a
<br />wladgad t!~ sskt hrartsrwnt ~ bs -•~!~`~ - t~ua#syardT~
<br />ray h~ trcd#lattuLl;~.i,Ciftf afdra»l
<br />6r3y%wa -~tramcwa'- azi p'ava T+ ';. ~ "s7~
<br />i
<br />a•t-oar at .., '
<br />day of AtlgUS t 19 7~ , bafara ma,
<br />the uttduttigAed, r Notary Ptabila iaa sad far said County, peraanaUy came
<br />who j 5 parronatty kaovm to
<br />to the above irtauument m ttrortgs6sar and hB ssvarslly
<br />l lord.
<br />- r _ Notary lie
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