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79-- ~~~~
<br />MORTGAGE
<br />MORTGAGE LOAN NO_ ~ ~ 3512
<br />IOdOWALLMENBYTIIE3P,PRESENI`S:That Sharon K. Dunagan, anunremarried person
<br />Mortgagor, whether one or more, in cotrs;deratitm o[ the ntm of
<br />Twen+y Thousand_aQd NO/100----------------------°-------------------------cOO ------- I10LLARs
<br />loaned to said mortga'4or by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon ~ shares of atodt of
<br />said ASSOCIATIONI, Certificate No. L 23512 , do hereby grant, convey and mortgage mto the said ASSOCIATIUN the fofbwiog
<br />described real estate, sitt~ted in Hall County, Nebraska:
<br />East Sixty Feet (E 60') of The South Fifty Feet (S 50')
<br />Of Lot Four (4) Block One (1) In Hann's Addition,
<br />Ha11 County, Nebraska.
<br />togttncr with all the tenements, hercditaments and appurtenances !hereunto belonging, including attached floor coverings, all window screens,
<br />window ,hades, blinds, storm windows, awnings, heating, air conditioning, sled plumbing and water equipment and acoeawries thereto, pumps,stoues,
<br />refrigerators, and other €ixtures and equipr~tem mew or nereatter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the ttwrtgagor shall and will pay aU taxes and asaea~ntx levied or
<br />assessed upon said premises and upon this mortgage acrd the bond secured [hereby before toe same sluff become delinquent; to furteiah approved
<br />inauranct upon the buildings on said premises situarcti in the sum of S 20 , 000.00 payable to said ASSOCIATION sad to deliver to said
<br />ASSOCIATION the poliL~es for said insurance; and tart to commit or permit any waste on or about said premises;
<br />In wet of dtfautt in the perfortrtance of any of the terms and conditions of this mortgage or the bond secured hereby, the ttxrrtgagee stroll,
<br />an demand, be entitlMf to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage ittdebtaxlrmss arts!! rein
<br />tmpaid; and the rnottgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing aced premises acrd centf~
<br />fns same and collecting the rents, rcventtes and income, and it may pay out of said incorrrc all expenses of repairing said prcmfses asd neoamtry
<br />atmtttissions and expenses incurred in renting and managing the same and of collecting reniais therefrom; tht balance rctttaittirtg, if any, to be
<br />apalied toward the discharge of said uwrtgage indebtedness; these rights of the mortgagee tray be ezerciaed at any time during fns existettoe of latch
<br />doff--~dt, irrEZp4ttvz o€ arty tsrnporary v.'sivrr of the ~rtss.
<br />-f r~a* t :esent3, irrrwr, ate upon try trattatt~;n, t oat if dx sairi ~iurtGa~=zr ~~ repay ~~ ;.~,.a uu .~ ~_`.+.~ ._,~ :~.~:=f .~, ~~.~ „~
<br />payers=nt; pay amnthly to said AS50t:lATION of the sum speciftsd in ibe Bond secured hereby as interest and principal on silt kun, on or before
<br />the Twentieth daY of each and every month, unfit said loan is tufty paid; pay a0 taxes and assessments levied against said prstttises attd on chi: Mortgage
<br />and the Bortd seaururl tttarshy, before deiingrrsncp; famish approved insurance upon tht buildings titerean at the scan of 3 20, t}~ . ~~ payable
<br />to said ASS~IATION; repay t[r said A35fIClATIQN upttrt demand all nxtney by it paid for such tazaa, aaaxasrrronts and insuratrse with interest at
<br />the maximum legal rate thereon from date of paytrtent ati oI which Mortgagor hereby agrees to pay; permit rto waste on said pretnisas; keep a.~ onmpry
<br />with all the agresments and conditions of the Bond for 3 hu day given by the said Mortgagor io said AS,SOCIATItJN, amt eorupty
<br />wish alt tbs tequitemants of the C<:nsiitation and BY-L-aws tlf~Id`ASStX-lA`l'ION; tarn rheas prsrsnta stall nat~me null and vgid, otherwise ~y
<br />dull remain in CuII fnrrx and nray be forceloud at the option of the said ASSOCIATION after failure for three mtmths to tnalte any of
<br />payments or bs three months in arrears in tttakirtg said monthty payments, or to keep and comply with the agreemtttts and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in xuch loredosurc proasdutgs.
<br />if there is any ctta[rge in ownership oC the real estate mortgaged herein, by sale or otherwise, then the entire rcntaiteing indabtadteeaa hereby
<br />secured snail, at the option of'fhe L^'quitabk Building and Luart Association of Grand Island,Nebraska,becorrte imtreediately dt:e and payable witlwut
<br />further notice, and the artmunt remaining due under said bond, and any other band for any addkiotul advances mods thereunder, shag, fret tits
<br />date of exerct:e of said option, bear inarest at the ntaximttm legal rate, and thin rrwrtgage may then be foreclosed In satisfy the amount dtm op acid
<br />bond, and :ny other bond for additional advance, tngethm with all auras paid by said The I:quitabie Building and Lawn Aa~ci:t~rt of GrarA lalasid,
<br />Nebraska for insurart~e, taxes and assessrrtcnts, and abstracting extension charges, with interest thsreon, from date of payment at the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br />utakers at said Bond, their assigns ar sttcces~rn in interest, which sums shall be within the security of this mortgage the same as the funds origtnaBy
<br />accused tncrcby, the cola! arnouni of prrripal debt rr:=i to ext~J at any time the exiatna! amwut of tl~ia urortgags.
<br />tested tn~ 13th daY of August A. o•. I"79
<br />--.,
<br />sftt;~ron K: ~}ll~uyair, aitflfircinarried person
<br />sra~rl? of rl>aRASxA, ~ ~ on thtt 13th daY ~ August Iv 79 , befarc me,
<br />t:Ot1N7'Y OP HAt1.
<br />the ttrtdetsigrted, aN~tary Public in and for said County, perutttally write
<br />Sharon K. Uunagan, an unrt~narri ed person who i S personally known to
<br />me io ba the identiwi person whose nom. I S afftxed to the above
<br />adtrtowkdgFd rite said irtstruttteret to ba her vohmtary act and deed. in:~teni i~ tttortg~ar and She--- se~etallY
<br />(
<br />f f
<br />WITNESS my head aced Notarial Sea! the dare aforenid_ F
<br />f~
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<br />My Comruission expires 111~
<br />
<br />GENERAL N4FARY -Stara at Nabr. ~ ~~ - '
<br />tatrasta m
<br />Notary Public
<br />JAMES W. OISON
<br />Esp. Nov
<br />My Cunun
<br />12
<br />1479
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