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79~- ~US6~.6
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 23528
<br />KNOW ALL MEN BY THESE PRESENTS: That MdX J. Hooker and Linda Hooker, each i n his and
<br />her own right and as spouse of each other
<br />-Mortgagor, whether one or more _in wnsideration of the sum of
<br />Fifty Thousand and No/100------------------------- ----------DOL:ARs
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon shares of stock of
<br />said ASSOCIATION, Certificate No. L 2352$ , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT TWENTY (20), IN BLOCK ONE (1), IN BRENTWOOD SUB-
<br />DIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />together with al! the tenements, hereditanients and appurtenances thereunto belonging, including attached floor cavrrings, aIl window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning,and plumbing and water equipmen¢ and accessories thereto, pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said ma: tgagor has agreed and does hereby agree that the mortgagor shall and will pay aFl taxes and assessments leried or
<br />assessed upon said premises and upon this mortgage and the bond secuccd thereby before the same shall become delinquent; to furnis}i approved
<br />insurance upon the buildings on said premises situated in the sum of S SD,DDD. DO payable to said ASSOCIATIQN and to deliver to said
<br />ASSOCIATION the policies Cor said insurance; and not ro commit or permit any waste on or about said premius;
<br />In case aF default ir, the performance of any of the terms and conditions of this mortgage or the !rood secured hereby, the mortgagee shah,
<br />on demand, be entitled to immediate possession of the mortgaged premises and i~ie mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee aIl the rents, revenues and income w be Strived 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 renting
<br />the same and collecting rho rams, revenues and income, and it may pay out of said income all txpensex of repairing said premises and necessary
<br />commissions and rxprnets incurred in renting and managing the same and of colleeting rtntals therefrom: the balance remaining. if any, to ~
<br />a...,u.d u,ward the discharue of said mon¢aar indebtedness; Chest rights of the mortgagee may be exercised at any time during the existence of such
<br />de(auh, irrespeetive of any temprxsry waiver of the carne.
<br />These Presents, however, are upon the Condition. That if the said Mortgagor shah repay said Loan on or before tht maturity oY said shares by
<br />psymtnt pay manihly to :aid ASStX'iA'fit)N of Flit rum specified to the Bond saeored hereby as interest and princfpa; on said loan, an or bt;farr
<br />the Twentieth day of each and every month, carol! said Lan is foot' paid; pay all texas and assrsstnrnts itvlyd against said prrtrii_sra and on this Mortgage
<br />and the Bond secured thereby, F>efore drtinqurr+c}: furnish approved insurance upon the buildings thereon in the sum of S~0 tdDD ~(~ payable
<br />tea ssid ASSOiiAT`s3N, repay io ad ASSC~iATif)N caper. drrrasd alt money 6t' it paid toe suzFi taxes. assrssmrnts any rn,u,.nea wttA L-terrcst at
<br />the rnaximwn legal rate phrreon from date of payment all of whi.:h Mortgagor hereby agrees to pay; permit nu waste on said premisrs;keepand comply
<br />with ail the agreements and conditions of the Bond fur S SO ,DDD. DQ this day given by thz said M1tortgagor [a said ASSOCIATION, and txrmply
<br />with ail the mquirmnents of the Constitution and By~Laws of said ASSOCIATION, then these presents shall 6ecorne null and void, otherwise that'
<br />shall remain in full force and may br Ibrtclosed at the option of the said ASSCXIATION after failure lar three months to maht any of said
<br />payments ar be threr months in arrears in making said monthly payments, of to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to halm a receiver appumted forthwith in such foreclosure proceedings.
<br />If Ihtrc is any change in ownership of the real estate mortgaged httein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option af'fhr Equitable Budding and Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />further notice, and the amount remaining Sur under said bond, and any ether band for any additional advances niadr thereunder, shall, from the
<br />data of exercise of said option, hear interest at the maximum legal rate, and this mortgage nwy then 6e foreclosed to satisfy the amount due on said
<br />bond,and any other Frond fur sdditional advances, together with all sums paid by said The F.quitabie Building and Luan Association otGrand island,
<br />Nebraska for inswnncr, texts and assrssnirnts, and abstracting extension chargas, with interest tharetm, fram date of payment at the maximum
<br />legal rate.
<br />As rovided in the Bond secured hereby, while this mortgagt rtmains in effect the trtgagee may hereafter advancro additional corns ro the
<br />matters of said Bond, theta assigns or suiktswrs kn infterst, which sums shuB br within the security of this mortgage the carne as the funds origirutlly
<br />sacuead thereby, the total ariwunt of principal debt not to txc'erd at any time tht original amount of this tnortgaga.
<br />paced thta 29th day ar August A I~ , )"19
<br />M x ,Fioo r.,_., .._.
<br />L n ~ Nooker
<br />STATE OF NEBRASKA, ~, On this 29th day of August i4 79 ,before me,
<br />COUNTY OP HALL
<br />the undersigned, a Notary Public in and far said County, personally tame
<br />Max J. Nooker and Linda K. Hooker, each in his and her own right ar~aas spousP~~na~l~wnta
<br />other are
<br />me to bo the identical person S whose name S dre affixed to the shove ' rumedt~s mortgagor 5 and t severally
<br />acknowledged 8ta said'uutrument to be their voluntary act and deed. t
<br />WITNESS my hand and Natstial Seat the date aforesaid.
<br />f
<br />My Commission exp'rcs ,~
<br />_ ~ - ;Notary Public
<br />a.i.gsa ai - GENERAL NOTARY ~''
<br />Stott of Nrhr.
<br />JAMES W. OhSON
<br />~ My....,.r. - ;i.w, it, iyiy
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