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<br />79._.0~1~4~3
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 2519 hKa i C
<br />KNOW ALL MEN BY THESE PRESENTS: That Thomas d . Garry, a Si ngl a person
<br />Mortgagor, whether one or mote, in consideration of the earn of
<br />7wen -nfne Thousand and Seven Hundred and NpJlr1(I---------~ ____________________ DOLLARS
<br />loarred to said mortgagor by The Equitable Building and Luan Association of Grand island, Nebraska, Mortgagee, upon 297 shares of s[odc of
<br />said ASSOCIATION, Certificate No. L 2~5Tq(gGTO , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in HaU Coun y, era a:
<br />THE NORTH FIFTY-04~ AND THREE TENTHS FEET
<br />{51.3') OF ThE WEST ONE HUNDRED FORTY-EIGHT
<br />AND FIVE TENTHS FEET (148.5') OF LOT FIVE
<br />(5) IN VANTINE SUBDIVISION IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />tag-thnr with all the tenements, herrdita€nents and appurtenaners thereunto belonging, inchrding attached floor coverings, all window scrtrns,
<br />window shades, bonds, storm windows, awnings, heating, air conditioning, and plumbing and water tquipmrnt and accessories thereto, pumps, stoves,
<br />refrigerators, and ott!rr fixtures and eyuipntent now or hereafter attached to ur used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the murt~agor sltall and will pay all taxes and assessments levied or
<br />assestd upon said premises and upon this tnortgagr and the bond secured thereby before the same shall become delinquent; to Furnish approred
<br />insurance upon the buildings on said premises situated in the sum of S 2Q ]OO OO PaYabte to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies fo€ said insurance; and not to commit or perm€t'any waste on nr about said premises;
<br />in case of default in the perfomrance of any of the terms and conditions of this mortgage or the bond setured hereby, the nwrtgagee shall,
<br />un demand, be tntitltd to immediate possession of the mortgaged premises and the mortgagor hereby assigns, tranxftrs and sets over to tht
<br />mortgagee alt the rents, rerenues a»d income to be derived from the mortgaged premises during such time as the rnongage indebtedness shall remain
<br />unpaid: and the mortgagee shall have the power to appoint any agent or agents it may desire fw the purpose of repairing said premiss and renting
<br />the carne and naltteting tht ferns, rzvtnues and incomt, and it may pay out of said income all expenses of repairing said premises and ttecessirry
<br />commissions and expenses incurred in renting and managing the same and of collecting rentals [herefrom; the 6alancr rotmining, if any,~Cto be
<br />4}tkb~i4 w++'aiu sift uf~iw et u~ -.'v u:eeie~g::.'"!k.~.:=,i";;,'_'.:'~::.^,°..:i~tii¢ ~f eFn ~~.taa~ee t~xv t1? PXEfCi3>•Lt St anV tirnf- dtrrtr#tt tt~ @x_i?t$$."~ i-q ^su;°~
<br />dt.atrt[, irrtsptctivr of any temprvarywaivrr of the saint.
<br />Thtst presents, however, err upon the Condition, That if the said Atur€gagur shall repay said loan oo ur before fife maturity of said shares b}°
<br />payrmnt: pay mm~thly to said ASSOCIATION of the sum specified in [he Bond secured hereby as interest and principal on said loan, on or before
<br />:,rt T;Xt~iiieth da.' us` each sad t,zry i;funtti, until sat:, .uan r3 fatty paid; pat ati Saxes artd assessments izvitd against said prtmisa and ttn this IUssrt
<br />and the Bcind sect:re-d !hereby, before drlhtqutncy; furnish approved insurance upon the buildings thtetsin in the aunt of S 2g ~~- pay~idt
<br />to said ASSOCIA-fit3iti: repay ro said ASStK-iATiON upon demand aft money by it paid fur such texas, assessntams and mstirance ~t intorsst at
<br />th€ maximum legal !a!z tt€eseun Frum date of pa,•rr~nt aft of whirl: Ricrttg~or h.rr-bv agrees to pay:ptrnti€ nrr wastean ~idpserttir~~p ~~!„r,~;y
<br />s+'ittt ail rite agrern!ent+ and conditions of the Bond for S 2g 7~n _ 1}G this day given t±y the sai3 hinttgagrrr to said ASSr~IAl'tON, ono am~Y
<br />with all fife requhrmtnts of the Constitution and By•Laws ul scar' IATION; [hen these presruts shall betorne null and veld, otherwise ttsey
<br />sdtat! remain in (uU fi+rca and may Fie foreel€tsrd u[ the option ul' tht said ASSLxIA`fION after faUure fur three mrrn[hs to matte any of ~frd
<br />paytttents or be three months m arrests in making said monthly payments, ire to keep anti comply with thn agreenxnu and conditions of card Bond,
<br />and Mortgagor agters to have a receiver appointed forthwith ut such Rrrecluswr prncardings.
<br />1( there is any ctwnge in ownership of the real estate mortgaged herein, 6y sale or utherwis, then the entire rentaitting indebtednrs txrrby
<br />secured shall, at the option of Thz Equitable Building and Luan Association of Grand island, Nebraska,brcun!r immediately dot and payable without
<br />further notice, erne the amount remaining due under said bond, and any other bond fur any additional adwntes made tttereueder, shall, Erato the
<br />daft of tXerciat of said optiim, brat inttrest at ihz maximum legal raft, and this rrrtrrtga)t may then br forrctosd ro stiafy the amotmt due un
<br />band, and any other hand far additional advances, togetber with alt sums paid by said T'he Equitable Building and Luan Association of Grand Fatand,
<br />Nebraska for insurance, taxes and assessnents, and abstracting extension charges, with interest thereon, from date of pa,ntent at the tnaxunum
<br />legal rate.
<br />As provided in the Bond secured tioreby, while this mortgage remains i€r et1'ect the tnurtgagee rosy hereafter adtmttx additional sums to the
<br />tnelters of said flood, !heir as:tgna ur suesessors in intatest, which surtts she!! b< within the s~ctuity of this mortgage tht sart~ as tht funds ariginaUy
<br />se€:urrd therrhv, the total amcaunt of principal deb*. not to exr.~ed a*. any tirrx the utigdna! at:.curt of this .:.a:tgat;..
<br />pared this 220 ~Y of AUgUSt A. D.. 1'> )g
<br />C. ~~~Ci"f~f~ :. - -
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<br />Tl1EN[iaS J, Gar" ~ ~
<br />-_.1
<br />~ACPOUN7'Y OF HA L } as. On this 22nd day of AUg US'C t9 7g , taafore me,
<br />the undersigned, a Notary public in and for said County, personally came
<br />Thc>i~lts J. Garry, a si ngl a person who j g perwnally known to
<br />n1e [o be the identical person whoa name ~ g affixed to the above instrttrrSent as mot~agor and ht:~_ severally
<br />acknowledged the said instrument to be hl S voluntary act and deed. ~ '~
<br />WIT"NESS my hand and Notarial Seal the daft atotesaid.
<br />11 ~
<br />My Commission expires f' • ~-^ ,1 '_ ~' '~'~ /
<br />~ @EtIfRA1 tlCYA1"Y -Stain ai Bt®ras6s ~ '~ _'~~"'~' ~~, ~__ ~ p~.ri~""
<br />a•t~aN AI JRY M. BEAfLEY -~ ~'` _ r~
<br />MY Comm. ExP• Sept. 1,1981 , .
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