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79~ C~~1
<br />McsxTGAGE
<br />MOkTCAGE LOAN NO. L 23515
<br />KNOwALLMENBYTHESEPRESENTS:That Raymond E. Roush and Joanne G. Roush, each in his and her
<br />own right and as spouse oi" each other
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Twenty-Eig~tt Thousand and Noj100---------------------°----_ -----------------------DOLLAxs
<br />loaned to said mortgagor 6y The Equitable Building and Luan Assa.iatiun of Grand Island, Nebraska, Mortgagee, upon 280 shares of stock of
<br />said ASSOClAT10N, Certificate No. L 2351 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in HaB County, ebraska:
<br />LOT TWO (2) IN BLOCK THREE (3) IN DALE ROUSH SECOND
<br />SUBDIVISION SITUATED IN PART OF THE EAST HALF OF THE
<br />SOUTHWEST QUARTER {E~rSW;) OF SECTION FOURTEEN (1~) IN
<br />TOWNSHIP ELEVEN {11) RANGE TEN (10) WEST OF THE 6TH
<br />P.M. IN HALL COUNTY, NEBRASKA.
<br />together with all the tenements, hereditaments and appurtenances therounta belonging, including attached 17our coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto,pumps,stoves,
<br />refngerautrs, and other fixtures snd equipment now of hereafter attached to or used in connation 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 assessments levied of
<br />assessed upon said premises and upon this mortgage and the bond secured Urereby before the same shall become delinquent; to furnish spprovs~I
<br />btsurancr upon the buildings un said promises sinrated in the sum of S 2$,000, DD payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the po}hies for said insurance; and not w commit or permit any waste un or about said premises:
<br />in case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on denwnd, Gr: entitled to immediate possession of Ihr [nor[gaged premises and the mortgagor htreby assigns, transfers and sets over W the
<br />mortgagee alt the rents, revenues and income to lx derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and rtnting
<br />the saute and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said prcrnises and necessary
<br />commissions and expenses incurred in renting and managing the same and of cotiseting ron[als thereUum; the balance retitainit~, if any, to be
<br />aoohed toward the dischar¢e of said mortaaee indebtedness; thew ritttus of the mortgagee may be exercised at an} tirrrK during the existence of such
<br />default, irrosp@CYir~@ of any t@ntpotary u~~aiutf of the s.me.
<br />These Prrarnt>, hoarv4t, err upon the ondition, That ;f the said Siorigagar shah repay said loan un or before the maeueity of said shares by
<br />t~yrttent; pay monthly to said ASSOCIATION of ttr@ swn specified ir. the Bond srcarrd hereby as interest and principal an said loan, nn or before
<br />the Twentieth day' of each and every month, until said loan is fully yard; pay all taus and assessments Favied ago}net said premises and on ehu'=slrzrta~aa~
<br />snd iho dut:d secured thereby, before delingt.rr t tarnish ar p ~rrd nssran;:z up1}ri the bu Idmys thtrr~u m the sum of S ~~ s~(1~.4~ ~yabk
<br />fa said ASSO>`IAT~tON, trpay w seed ASsCx.-t i7tt,ti ur:..,u ue,rand aSr pr.trgy b. it peed tt su,;h taxes, assessments and maQ.arts~ wit., int~'est at
<br />the maximum legal rate thereon frxrm date aC payn~nt all of wtticlt Murt_ttagsir hereby agrees to nay;pernrjt n9 waste ~n ssrdprcrtti~:kssp ant! cempl
<br />with all rho agreements and oon,litruns of the Bond tart 3 ~R ~} t1 f~i1 t}ua day given hy° r_ttr ~+;:+. Slustgsgs:r tt said AkSi~lATI:}?:, and :~r,-Itply
<br />with ail Utr regrrirrmrnis of the ~ sstitution and Bv.L,aws~rTfaT~ASS~tATION: [hen rherc prercnts shsl] berume null and void, otherwise they
<br />shall remain in full farce and stay br fureclused a[ the option of the seed ASSOCIATION after failure for three months tc tnakr any of said
<br />payrnen[s ar be than tttunths m arrears in making card nwrithly paymrnu, ur to keep and comply with the agreernentx and conditions of said Bond;
<br />and Mortgagor agars to hour a receiver appointed fuetlta~ith rn such furcclosurr pnxerding:.
<br />ti [borers any change in ow'nershtp of the real estate mortgaagrd herein, by sale ur uthrrwise, than tltr rmirr renwhung indebtedness hersby
<br />secured shalt, sr the optiou of 7'tre t~quitablr Building and Loan Aswciation of [;rand Island, Nebraska, hecnnte invtudiately due and payable without
<br />further antler, and the amount rermining due under said bond, and any other band fur any additional advanux rnade thereunder, shag, from the
<br />date of exercise of said option, bear interese at the maximum legal rate, and this ttwngage .ltay then be foreclosed to santisfy the amount due on said
<br />bond,aml any outer bond far additional adv'snces, together with sll sums paid by said The Equitable Building and Loan Assozia[ion of Grand Island,
<br />Nebraska far insurance, taxes and assessments, and abstracting rxtunsion charges. with interest ttterron, from date cif paynirnE at the maximum
<br />legal rate.
<br />As Qrovidrd in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance addreronai sums to the
<br />makers of acid Bond, their assigns or suec-@sx~rs in hitertst, which sums shill be within the security of this mortgage the same as the funds originally
<br />secured rhsrcby, ihs total amount of principal debt nut to exceed at any time the original arrtaunt of this mortgage.
<br />I~t t t~ 15th ~, ~ f gust A. °., l4 79
<br />r
<br />.mot €$- Roush ~ J~~~~~~~
<br />I ,.~.'1, 1rf1:~ 1 f elf ~1aY ~ 1
<br />nne G. Roush
<br />STATE Ui= NEBRASKA, ~ ss. C1tt this 15th day of August 1479 ,before m,
<br />COUNTY OF HALL
<br />the undersigned, s Notary Public in snd for said County, personally csrne
<br />Raymond E. Roush and Joanne sh, each in his and her own right~~nd as s• pe;~na~ykt~h~o
<br />other ~ ~ " lw~~ are
<br />the to be the identical person $ t'~'',.~~ fc , at?ixed to the above instrument as mortgagors and they severally
<br />etdcnowledged rho said instrument t~,o-~`~: lei r Y,r'a~ur}p ,act and dated,
<br />'WITNESS my ht~ snd NataaOi 8~ii the aate~prcsaid.
<br />My Commission ~tptreb ;~,~~a~,~J r
<br />!~t .- ... _ - ,.... v }",~•,- _ - Notary Public
<br />`~LL~ Y~v
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