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<br />MORTGAGE
<br />A10RTCAGE LOAN N0. L 23516
<br />KNOW ALL MEN BY THESEPRESF:NTS:That Stanley B. Garris, Jr, and Mary M. Garris, each in his
<br />and her own right and as spouse of each other
<br />Mortgagor, whether one or more, in consideration of the sum oC
<br />Twenty Seven Thousand and NO/100--------------_----_-------------------_---------_.---~LlaRs
<br />loaned to said mortgagor by Thr Equitable Building and Luan Aswdatimr of Grand Island, Nebraska, Mortgagee, upon 270 shares of stock of
<br />said ASSOCIATION, Certificate No. L 2351¢ , du hereby grant, convey and mortgage unto the said ASSOCIA710N the following
<br />described real estate, situated in Hall County, Nebraska:
<br />PART OF LOT FIVE (5), IN BLOCK ONE (1), IN WINDOLPH'S ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS
<br />FOLLOWS, TO-WIT: COMMENCING AT A POINT 27.2 FEET SOUTH AND 8.5 FEET WEST OF
<br />THE NORTHEAST CORNER OF SAID LOT 5; THENCE RUNNING NORTHERLY PARALLEL WITH
<br />THE EASTERLY LOT LINE OF SAID LOT 5, A DISTANCE OF 27.2 FEET; THENCE TURNING
<br />AND RUNNING WESTERLY ALONG AND UPON THE NORTHERLY LOT LINE OF SAID LOT 5,
<br />A DISTANCE OF 57.5 FEET TO THE NORTHWEST CORNER OF SAID LOT 5; THENCE TURNING
<br />AND RUNNING SOUTHERLY ALONG AND UPON THE WESTERLY LOT LINE OF SAID LOT 5, A
<br />DISTANCE OF 40.0 FEET; THENCE TURNING AND RUNNING EASTERLY PARALLEL WITH THE
<br />NORTHERLY LOT LINE OF SAID LOT 5, A QISTANCE OF 48.6 FEET TO A POINT; THENCE
<br />TURNING AT AN ANGLE AND RUNNING NORTHEASTERLY A DISTANCE OF 16 FEET 3~ INCHES
<br />TO THE POINT OF BEGINNING.
<br />together with ail the tenement;, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />windox• shade, blinds. storm wmdaws, awnings, heating, sir conditioning, and plrmihing and water equipment and accessories thereto, pumps, stouts,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connect Von with said real estate.
<br />And whereas the said mortgagor has agreed and dues hereby agree that the ntortgagur shall and will pay all taxes and assessments Itu7ed or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent: to furnish approved
<br />inswancr open the bwldmgs on said premises situatrtl in the sum of $ 27 ,ODD. DD payable to said ASSOCIATION and to dehutr to Said
<br />ASSOCIATION the polities fur said insurance; and nut to commit or permit any waste on er about said premises;
<br />fn rase of default in the perfurmaner oCany of the terms and renditions of this mortgage ur the bond secured hereby, the mortgagee shall,
<br />on drntand, be enutled to unmrdiate possession of the mortgaged premises and the Mwrtgagor hereb} assigns, transfers and sets ever to the
<br />mortgagee all the rents, revenues and income to he derived from the nwrtgagtd prenuses during such time as the mortgage indebtedness shall remain
<br />unpaid'. and the mortgagee shall have the pr+wrr to appoint any agent or aecnts it may desire fur the purpose of repaiung slid premises and renting
<br />the ssmr and collecting the rents, revenues and income, and a may pay out of said income all expenses of repxirmg said premssts and necessary
<br />cummtssiuns and expenses in erred m renting and managing the some and of ruUreting rentals therefrom: the balance remaining, it any, u> be
<br />applied toward the dtsthat g+• of wed mortgage indrhitdness, these rights of the mortgagee may br exercised ut any time during the existence o.f such
<br />default, rnesprttivr u± any temp,-.ary warvrr of tFr same.
<br />Thex Prtsents. however, are upon the i omiiuon,'I`hat if d:r said Mortgagor shall repay satil Iuan on ur before the rnaturhv ot` said charts by
<br />payntem; pay nunnhl} tr, said :ASS(x'IATIt1N nC the sum sprctited m the Buud secured hereb) as interest and prbu'tpal nn said loan, on ur bt[utr
<br />the Twentrr'Ih day of rant ar~d rv~•ry rnr+ntst, onus ~r~i ken is tufty paid: pry ;ttltaxrs ar=d asusstnenu levied aga+nst said ptenti~s andun the Mutt~ge
<br />and the Budd sre.tutd t -+'~, is - y .n - - :arri:shh ap( - cd mu anc uputt tAc h .!:sings thereon :r, the >t.fl; of a 27,000. DQ payable
<br />ro said ASSOCIATION. re Pau ^~ uid •\SStKI,\ CIuN upon demand all rn nay hY a paid fur su.h taxes, assrastneuts and msuranee with intemat at
<br />the mazsmunt Irgas rat= 4 ., „--, ...- _ ~~. E. at„t;r it.,,+~- got secrecy agrrz, :e p:ty, penun ur., wasee,.r: uiu yrrun-xa, ewµ a+n. a<urµ;y
<br />with :tll the agrremrrts and ~~~nditi+_.ru of [ht };uru f,.,t 5 97 n(~(~ ~(~t}!rs day given by the coed \iurtgagor t<> yid A.iSOCIATtt?R, and empty
<br />with all the, reyuurntrnis of the C onset atom and Bu-Laws ttY sArtl'ASSflC'IATIU\; thin these prostnts shall become null and void, othtrwist they
<br />shall remain m lull 6~rce a,~d may tx Iorr..Imed aV the aptnm of the vtd .ASSOCIATION afcer failure ft+r three months to make any of said
<br />pay meats ur br three ni. n.t lrs m arrcan m nrak usµ ,aid nn>nthly payments, ur to keep and comp!) with tltr agrtrmrnts and cundrGons ul said Bund;
<br />and Mortgagor agree, ~,, ha,c .+ n•~trvrr app;,iraeJ hmhw rah m sorb forrrknure proceedings.
<br />If three n arrv chan,t:• ;n ownrrsh,p ut tbt teal estate mortgaged herein. by sale ur uthrnutse, then the tntur amarnurg indebtrdnesa hereby
<br />secured shall, at Ihr ~+Inn•i ~a Thr s ymt.rble Huddmp and Luan Assariattun of Grand Island, Nebraska, become immrdratrly due and payable without
<br />funhrr notice, and the aru•um rrntaunng dcc under s:+id Bund, and any other bond fur any additional a.h~nnaes made ihrrtundrr, shall, from the
<br />date of rxrtcrx• of sad opti.m. hear interest at rho rraxnntnn Irga! rate, and this mortgage may then be fortrlusrd ro satisfy tht amount dirt un said
<br />baud, and any other bons tier adduwnai advan.rs_ t.•grtitrt with all sutru+ paid by said Tht Equitable Building and Luan A~etation of Grand Inland,
<br />Nebraska t:'•r uisuram rn~u•s ins arnev+urentn_ ur.! ahstracung rarensiun charges, with interest thereon. tiwn date oC payment at the rnaxunum
<br />Ingal rate.
<br />As ~ntvidrd m ti;c Itoml u.med hereby , whdr thin mertgage remains in elTrct the mortgagee may hereallar advance additional sums to the
<br />nreken ul wid BonJ, thee a,sigu; ,~~ ,u..'c,>u„ u: ,mrrrvt, wtudh sutras shall br wuhin [he security of this muttgagr the same as the funds urigrnally
<br />crewed ttteraby--, the r~~tal -ar.,ount ,~i ps;rnµal debt ,rut to rcctrd at am tune the originnat amount of this mortgage,
<br />[)alt t)iis ,..- ~ J~`~_-, day r•.t ~jQUSt
<br />r'- -" ~' - ~ ~-•-1 P
<br />;ey _ trrfs,~~1r
<br />s~~ ~ T r~ ~'~ .~ .~...
<br />Mary ,. Garris
<br />STATt? OP NEBRASKA, ~ ~ Ott this 17th
<br />COUNTY OF HALL
<br />Stan?ey B. Garris,
<br />each other ~,~ L, ~
<br />me to be tho identical to •N'Et-
<br />v
<br />acknowledged the sac a~ to he
<br />WI ES~ttt~
<br />My e)jl7rgissio~bi;~i
<br />-~~; RF ~)
<br />Mary M. Garris,
<br />A. u., l ~ 79
<br />day of August ly 79 ,before ate,
<br />the undeni~ned, a Notary Public in and fur said County, personally came
<br />each in h1s and her awn right and as spouse of
<br />who are personally known :u
<br />are afRxed to the above instrument as mortgagor S and they savereily
<br />voluntary act and deed.
<br />the date aforesaid. -
<br />Notary Public
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