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<br />MORTGAGE _
<br />MORTGAGE LOAN NO. L 23521
<br />KNOW ALL MEN BY THESE PRESENTS: That DeLor R. Ti idea and Cynthia L. Ti 1 den , each i n his and her
<br />own right and as spouse of each other
<br />Mortgagor, whether one or more, in rnnaderation of the nom of
<br />Twen}~ Five Thousand and Nn~.]0(I ----------------------------------------------- DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Luan Association of Grand Island, Nebrzslca, Mortgagte, upon 25Q shares of stock of
<br />said ASSOCIATION, Certificate No. L 2$521 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall Ccttnty, Nebraska:
<br />LOT SEVEN (7} EQ ROSS SUBDIVISION No. 3,
<br />HALL COUNTY, NEBRASKA.
<br />tagtther with all lhr tenements. hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />window shades, biirds, stwtn windows, awnings, heating, air conditioning, and plumbing and [va[er equipment and accessories Fhere[o, Pumps,sto.es,
<br />refNgtrators, and ud[rr fixtures and eyuipment now or hereafter attached to or used in cannretnm with card real estatr.
<br />And whereas ehr said mortgagor has agreed and does hereby egret that the mortgagor shall and will pay alt texts and asstsunents levied pr
<br />assessed upon said premises and upon this tnartgage and the bond secured thereby bei~rt the same snail become detinqutnt; tv furnish approved
<br />insurance upon the buildings or. -d premises situated in the sum of S 25 r QQQ, QQ payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies &n :insurance; and not to commit or permtt any wastr on or about said promises;
<br />in case of default in the performance of any of the terms and conditions of this mortgage ur the bond securtd hereby, the mortgagee shall,
<br />err demand, ere rnht{ed to immediate possession of iht mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the ants, revenues and income to be derived from the mortgaged premises during such time as the martgage indebtedness shall remain
<br />unpaid: and the mortgagee shall have the puw•rr to appoint any again or agents it may desire for the purport of repairing said premises and ranting
<br />tht same and collecting the renu, revenues and mcrome, and it may pay out of said u[c-ante all expenses of repairing said premiers and necessary
<br />commisswms and expenses incurred in renting and managing the carne and of collecting rentals therefrom; the balance remaining, d' any, to Frt
<br />aoolred toward the dts:har¢e of said nwrtaaar indebtedness: these righu of the nwrtgagtc may bt exercised at any time during the existence ot'sueh
<br />default, irrespeertve of any rcrnprxarv wahxr of the saint.
<br />These Presents, tuwecer, are upcm the Conditrvu, That d the said Mnngagor strait repay said loan un or bet'ore the rnattul[y of said sharp: by
<br />payment; pay rmmrhly to said ASSOCIATIOti at the sum xpe.;ified to the Bund secured hereby as iateeest and principal on said keen, an ar befare
<br />the Twentieth day oC tech and every month, until said lose is frilly veld, pay a!! taxis and assesstttc:rts tevitd against said prr:itiLses and otr [6.s'~~t~t
<br />and the Bond secured thertE'?y, before detmqu~ncy; trrmisli appravzd tnsurancz upon the lrutidings thtroun in the sum of S 25 QQQ (~~ payable
<br />to said ASSOCIATION: repay to said ASSOC'fAT1ON np•~n demand ztl n'tinty h4 n peed is=r stakh [axes. ass2ss::^.f n[s and tnst~ranCa :v:t _ inEErast ai
<br />the rtutzcunum legal rate thereon t'rum date al payment all of wtuch Mortgagor hereby age°+es to Isay; permit tn? waste en said premiers, keep and Wm;s~
<br />with alt thz agtttnu-nts and ~ondirwns of ~ B.~d for S 25, Q9j~, QQttus day gtexn by the sa[d M,a;tgagru tv said ASSOC14TlflN, acrd ~;mply
<br />with cell thz requirements of the Constieution and By-taws vt` seed ASSt1('l.4770N: then these presents shall became nuU and veld, atherwise they
<br />shaft remain m Cull toter and may hr furcclusrd at the option ul thz said pSSOCIAI'ION after failure far three months tp make any of said
<br />payments or br three months in arrears in making said monthly payments, ur to keep and annply with the agreements and conditions of said Band;
<br />and Mortgagor agrees ur have a rccetver appainted forthwith ur such toreclasurr procctdings
<br />II there is any change in ownership of the real estate mortgaged herein, by sale nr othrrwise, then [ha entire remaining urdebtedness hereby
<br />ucured shall, at the option of Thz t yuitable Building and Loan Association of (stand Island, Nebraska,bttuntt immediately dot and payable wlthuut
<br />further notice, and the amount remaining due under said bond, and any ache[ bond tar any addrtionai advances nradt thereunder, shall, from the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage ntay then be forccWsed to satisfy the amount dot on said
<br />Ixmd,and any other ixmd for additional advances, Evgether with all sums paid by said The Fyuitablt Building and Loan Association of C+rand Island,
<br />Nebraska (or insurancz, taxis and assessments, and abstracting extension charges, with interact thereon, Frum date of payment at the maximum
<br />legal rats.
<br />As rovided in the Bvrtd created hereby, while this mortgage remains m effect the mortgagee may hercaher advance additional sums W the
<br />rttakees ut~ said Band, their assigns ur successors in interest, which sums shall bt within the szeurity of this mortgage the saint as the funds ariginaBy
<br />secured thereby, Y5a total amount of principal debt not to exceed at any time [hr original amount of this mortgage.
<br />Dated 's 24th day of August A. D., 1979
<br />t -.~ ,, r
<br />=~~~ _
<br />Cynthia L. Tilden
<br />STATE OF NEBRASKA. ~ ss. On ibis 24th ~,y ©f August t9 79 , bafare me,
<br />COUNTY OF HALL
<br />the undtraigned, a Notary Public in and for said County, pers.roally went
<br />Delor R. Tilden and Cynth ja L. Ti;.;~~ch i n his and her than ri g wfihoanares sppa ~trst~llyok wait ~~
<br />other ~ ~;,~ , it-
<br />mt to be the identical person S whose n ~~a'r~_„_ ril'i~to the above instrtunent as mortgagor S and they severalrv
<br />acknowladgtd the said Instrument to be t r'~,voiiuttlrq irrr eed.
<br />WITNESS my hand and N rids ~ thgsluSm}fvre~ii{ ,~
<br />My Commission expires ~ , ~ ~~ ~i ~~~~ - t~ .~~
<br />`.~ ..EGG"" ~1 Notary PubBc
<br />s.r.a~ at
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