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<br />Mt3RTCAGE__~,_._~,-~._~,___,=..W~=~ ~_~~~za_,:~-_.~r~-.»~_-.~~,....,-~~.~~T~.-,~~-_m: .~-•~.
<br />MngtTt,AGE 1.gAN NO, L 23482
<br />3CTiflFe' ALL NEN sr THESE PRESENTS: That John R. Mi 11 er (a single person j
<br />- - Mortgahor, whether ooe or more, ;o txemidention of the arm of
<br />Twenty five ~"housand and NO/100-------------------- ---°---------------- -----~~~
<br />iaartcl to said nmrigagor by The Equitable Bttitding and Luau Association of Grand island, Nebraska, Mortgpgee, upon 25O shares of sta~rlt of
<br />said ASSOCIATION, Certificate No. L ~ ~~q , do hereby gartt, carevey and rnottgagt unto the said ASSOCIATION the foBowiog
<br />described real estate, situated itt Hall Coun3ty lVebtaska:
<br />Lot Eight (8) In Block One Hundred Thirty Three (133) In Koenig and Wiebe's
<br />Rddition To The City of Grand Island, Hall County, Nebraska.
<br />together with aEl the tenerrcents, heredi[aments and appurtenances thereunto belonging, incittdirtg attached floor covtnings,_aD wirolow saesns,
<br />window shades, btircds, storm windows, awnings, heating, av annditioning, and plumbing and watu egtriprnent and a~ssories theteto,pttmps, stotea,
<br />refri~rators, artd other fixtures and egtript~nt now or hereafter attarJted to or used in connection 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 asaessr~nts levied or
<br />assesxd upon said premises and upon this mortgage and the band secured thereby before the same shall become delinquent; to furnish approved
<br />inwrance upon the buildings on said premises situated in the sum of b 25 OOO.OO Payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies Eor said insurance; and not to commit or ptrmit~any waste on or about said premises;
<br />[n cox of default in the performance of any of the terms and conditions of this mortgage or the bond atave$ hereby, the mortgagee shall,
<br />nrt dertured, be ertilled to inmzediate possession of the mortgaged premises and the mortgagor hereby assigsts, transfers and xts over to tt~
<br />mortgaged all the rents, revenues and income to be dented from the mortgpgcd prcmixs during such time as the mortgage indebtedness shat! rctm;n
<br />unpaid; and the mortgagee shall hate the power to appoint any agent or agents it may desire for the purpose of rcpairiag said premises sn<i rentitrg
<br />the same and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairitig said premises alb nectssaty
<br />commissions and expenses incurred in rentirtg and managing the same and of coBectirtg rentals therefrom; the balmce retrnirtit~, if any, to be
<br />applied toward thr discharge of said mortgage indebtedness; thdx rights of the mortgagee rrny be exercised at any time during the txistentt of arch
<br />de`.su#t, irresgdctit~x of ally Cdrtepcrrary waivtt of the same.
<br />Tbex Pstsents, leowtvtr, act upon the Condition, `fbat if the said Mortgagor shaft repay said keatt on or before the ttntuttty of mid shorts by
<br />gaprtxnt; gay rtwnthty to said ASSOCIATION of the stun ~ecifted in the Bond sectutd hereby as interest and princpal on said loan, on or 6eforc
<br />~lue'Twrnteeth day of each and exry month, unte7 said loan is fully Pte; pay all taxes and a~.....,.+.ts levied against said premises attd on this Mortgage
<br />try ells $t;td xcr~r°d thereby, ~- txc delirrqudnty; fitrnish x{tprovdd instnante upon the burldings therdan k the sleet of S 2 ~ , 040.OO payable
<br />to ,.~:;.`i.=;:ice; :s,:.Y E ,d A~:;f:~.itvN uprn dt~nd a:l tnonty by :t psit ;"or ;irclt taxis, axtirraartts strd in:uttznez with inier~ at
<br />ells rtt,~sximum iptal rate thereon from date of payment all of which Mortgagor hereby agrees to wy;xrrnit no wade on asid ~einises:keep and mmoly
<br />tuith a8 the agreen•~nts and aznditions of the Bond fore {~ ~; this day given by the said kortgagor So said ASSOCIATION, arm' e~r~lp
<br />wirh all the regairentents of tbt Constitution and By-La~~Ps~'ASS~IATION; then these presents chaff became nub and void, otherwix they
<br />shall rdtnair. in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three rtwnths to make arty of said
<br />psyrr~nts or be three mantles in arrears in making seid monthly payments, or to keep attd comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclostue proceedings.
<br />If there is any ehange in awrutrship of the real estate mortgaged herein, by sale or otherwix, then the entire r'.,,.:e~ b indebtedness hereby
<br />secured dull, at the ogtion of The Equitable Building and Loan Association of Crand tsfand,Nebtaska,bemrne itnnxdiatety due and payable tvithout
<br />further notice, and the amotu!t reR.nirting dire unddr said bond, orb any other bond for any additional advances made thercurtder, shell, from the
<br />date of exerrase of said option, bear interest at the maximum ftgai rate, and the mortgage cosy then be fortx]aaed to ~tisfy the amotmt d>x as said
<br />bond, and any other borxi for ~ditiorral advancra, together with all sutm paid by said The Equitable Btu7ding alb I.oto Asaociatieea of Cr:nd islmd,
<br />Nebraska for iosurarece, saxes and a>a~ments, orb abstracting exteadon c]urges, with intuest thereort, from date of payment at the maximum
<br />legal rate.
<br />Aa provided in the Bond xcurod hereby, while this mortgage remains in effect the mortgagee may htreafte: advance additional sumt to the
<br />makers of said Bond, their assigns ar sucecxsors in interest, which auto aha8 be within the security of this tnorigage the same as the funds otigioally
<br />soured thereby, the fatal aasoaat of principal debt nut W exceed at arty time the original amount of tills mortgage.
<br />f?atedthis 20th daYaf July
<br />l f _~`'^ )
<br />t R. N, ~ cin/ erson
<br />etas M. De§en Rli~'ler, {guarantor
<br />STATE OF NEBRASKA, ~ ss_ On this 20th
<br />COUNTY OF HALL
<br />A. D., l9 ~~
<br />day of July I9 79 ,beforemt,
<br />the tuberaigtted, a Notary Pabile in aced for said County, personally came
<br />John R. nlilier, a single person
<br />who '1 s puavnally known to
<br />me to be the ideeti+at perm cahoot name 1 S atLxed to the attoear ' mortgagor and he severally
<br />adtnowledgtb the slid instrtstnent to be h i S witmtasy act and deal.
<br />R`I7'N~.sS my hand orb Notuiai Seal the date aforesaid. ~ _: - j
<br />Nty Cam,..fP.~:n expires ~ •,
<br />'` -~ ~c--tom' G - G.~.-''1
<br />_ Notary Public
<br />,gi7g„yg, g, GtNERAt NOTARY • State of NeW. ~ _ _
<br />JAMES W. OLSON ~~
<br />My Comm. ExQ. Nov, i2, 1978
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