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~_.. .. _. <br />f <br />?9~i ~)4:~~8 <br />r~oftTGAGt: <br />6t~RTGAC.E fAAN No. L 23475 <br />xNOwAl.f-rt~NaY'rtlESErf€FSEl~rfs:'rnat GordonD, Francis and Harriette S. Francis, each in his <br />and her own right and as spouse of each other <br />---------- 6lortptgor,wtt~tbera~orrr~ore,;noo,ma«ati~r~ta~munot <br />Eight ThAUSand and N~100-~------------- --------------------- ------~u.ARs <br />Ironed to said mortgagor by The Equitable Stit7ditg sod lsran Associatain of Grand Ishrtd, Nebraska, Mortgagtx, upon $0 shares of stout of <br />said ASSt7CIAT40N, Certificate No. L 23475 , do hereby grant, catvey and rteortgags unto the said ASSOCIAT/CTN the following <br />described real esrste, situated ise Ball County, Nebraska: <br />Lot Two {2) in Block Sixty Nine (69) in the Original Town, now City of <br />Grand Island, Hall County, Nebraska <br />Fagether with alt 2ttc trnemeats, hereditarttenes and appurteiua¢s thereunto beleafgirrg, iocludu>6 attacl+ed floor <br />sxeverings, a9 witsdow apt9:nt, <br />windriw shads, triitpts, storrtt windows, awnings, heating, air waditioniog, sad ptutnbing and water egttitttrsetit and atxaaatrras t6ercto, ptm~s, stoeaa, <br />rcfriSeratars, and rrthrr fixtuves std equipment rrow or hereafter sttxchnf to a toed ir. coatseetain with aid real soots. <br />.A.rd whereas the said mortgagor has agreed and dues hereby agree that the mortgagor stroll and will pay all toes and aasets~cnta kviad oe <br />ssacsscd upon said premises and upon this mortgage and the Mond sctxircd tftercby ticfarc ttrc same shall become dctinquent to furnish apptored <br />insurance upon the buildasgs an said premises sitwte$ in the sum of S g,000, OQ payab4 to said A$SQCIA'I7Q11 and to de1rser to said <br />AsrtA'IATit)N the policies for said insuratioe; and not W tzunmit ai permit any waste on or about said pretttises: <br />0n qse oC defsuh in the pcrforrrutttce o! any of the terms and awditions of this mortgage ar the bard sentrcd tteteby, the mcxtr~iSe , <br />on dermrd, b¢ entitled to immediate posaeuion of the mcxtgaged premises and the msxtgagur irrcby asivgtts, trair<d'ors and sets user to tAe <br />tassrtt aq tree rants. resaouac and iamtne to be dexi+rd from tf~ msutga~d lnemisss during aunt tittle as the tnottg~a ~debYi*c6ma>haii reatiio <br />unpaid: and the martgsgee shall tow the power to appoint any agent w agpsts it may desire for the purpose of rgtavis(I said psasarera sad sentigt <br />flee mete and catk~irtg tsu rents, retxtuF~-s and irstorrse, and it may pay tort of stud irwvme aU expetuea of rcpaausg said ps:misea and twnp.ry <br />anamissious and expenses aicturcd in rentitrg and vuetaging the sstrte sod of colle~Ying reatab tLerefrom; tha balmae ~6. d as , m be <br />applied tawud the discturge of said mortgage indcb eedtseess; these rights of the rnortgaga+i >iay he 4'XlrC1%~ at any tfrne d tl+~ t ~ ~ <br />defauh, irrespe;etisx of any te:stpstrary sraiaee of t3se same. <br />~Isese 1=resents, iniwevtr, ate upon t17e Canditin~,'fltat i#'ttu scat 1t~rt;agar stsall repay said ben ou or bef'osa the snaturuy c~ ~ shales fey <br />psyr~at; pay tttrsatft0y to sill AS~Sd3t'fA"I70N of the xzyit spetii'xr! m rice Rrsad sa-ured tsercby as arierest and prta~cipai on aid ioaa,+n ar bafaea <br />tlx Tu:ntseth day crf each and :wry r~utth, ~ ,~ fly tom: f~Y ~ taxes ~t -.eats ~r~i a~ - <br />p iii o®. <br />.r.d :~ ftaad sarat.zd tom- ~ i*cfsxe sx ~ -.~ ., turrtisb a~tsvad ittittrant_x lfacvr the ~ ?t~~ ;s r6~ t ~ ~ Q #`^I's rtrs ` ° <br />~ ~ ~~ <br />t!e ~~ P~-StJt:lf."P.tt?4: sel~, f:i ~! A5.4_!ICIAT:~N .~= detYAd all s3ut8xY by it t for suta`r taxes, a>~aant3 sad ' rta~wHh iat~ as <br />r~~T.~.~t;-Rt~s~.;r,~a.ty.,r~ ~.~°~afwl:~l~s.:,. a=~~~, --.opa._."_>.>~~~~~~y~~ <br />ors ~3::t-~ ~~~•= a a~=. ~ ~ ~ f~ 3 a vir~ v~Q t ;~ ~ n ~ ."~ saw ~- - in saw ~`t=tl~~. and <br />.wort atf rite regttirein ttis of the Cnnstitutroa a~ By Laws o~ said ASS(X'IATItNi; thsa tlwso presents she - rbaoomr nrdi wed wid, othOSwpp eery <br />shat) remiss d foil fvr~ anu nwy be furccivacd at the vptetia of the lead ASSOiC1ATl(kI afar -siiute far three mt>rtihs is rostra asgr of load <br />paytacnts ar trc three nainth~ ~n arrears in eoakirrg saal mattnty paymrnts, ar to seep and oomph with the agtoemeats sad pyadYtions of lid floa:l; <br />and Mortgsttar agrees to hone a cecet,er appointed farthwith in such fareckinrre ptoceediop. <br />If tfcere is any ctssttgr ux owoershtp <sf ttte real estate mtxtgaged hsrcirt, by tale ar otherwise. tress ehs antis rap>tipiag 4etlebtadera, Y <br />aacureri iltatl, at thr optaxt t57 j`tte FitgtitabPe BlRjldfilg and lasso Asssssaetion of Gland ltllirtd, N<-+braska,beonme iwnadialeyy dsse apd payatrle stnthostt <br />further nvtia~, sad rice smounr rctttaiaiag due tinder said Road, end arty Wber btiad fur say additimal ashiencsa amide tlsnsyodet, tfasg. tmwt the <br />dste of exerasr of sod ssptron, bear interest st the tnaxtttwsn igtst rste, and this ttttirettyp arY rhea ba 6tsier ~ satisfy, tfta amomet ~ ea sand <br />baarl,aeat any tNhcr bold far .addNarnai sdranras, d~with ag stroll pad by tttiry Ttse ~ ) aed laratt AsasastCiua atGsiasd talaad, <br />Nahsarita fur itwtranee, taxes sod smeatassats, avsf aq! extaasitw , erith interest tlsaevst, twin dstse tsf pey+wstst ai t!e sMa>r•am <br />Iegaf taro. <br />As oyster! io the t3uad aectscer! hereby, whik that maregags romainx us effesrt tM+ asartgti~e rosy hereafter adao~ addttmmd swan W tM <br />makers of soot fltwxt, rireir assigtss yr wccearws in ustcrast, whis:lt luau shall be wrthau lha sccstrity of tltja ttswtyttgs tlsc aline as tats t ar;~y <br />~tlpnrabY, trio #viat as~uat of prtritiprd debt rot to cxoeed at say time flu aypwl atnotmt of [hfa ruort~e. <br />~~ t;.t«t l2 ~.--,-. 'tsY ~ July A. ~., lv 7~ <br />t j. d^fs~ ~'rr <br />r~aPrie~~e~:` rranty~s ~ -- <br />srxcYa~~ASfIA~ii..~ ~. ~tta~ l2th ,eyat July t479 ,aai+sret~. <br />the , a Ntstary pt~liz ~ sad far sswid snooty, t~Y ttt,aa <br />t3ordon q, Francis and Harriette S. Francis, each in his and her ov~right and~u~s ~f <br />each other are <br />aK to ~ tees idmtzs~l prison s nrhwtt acmes are ttff~ed to the above iaateu~eet n tnortgsgar s and they ~ <br />tttttnvwledlmrt the raid intra,itant to be their whmtaty act and dtsatt. <br />rarrl.~FSS irs,= ~ ~ Noiaelai seas she date aft~otttd. ~ ~: ~ .~'' f <br />-,~.._~. <br />My Comroissitns expires 1` i ` ~e <br />~t;•sa; at i €g.'.i nGiARY .State tat iwtir. ' t-.--= -_ rosy Pubfic <br />JAMES LY. 0{.SON <br />sal ^My Cemm. Esp, hpv, 12, tD79 <br />