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79.... `. <br />MOi;Ti;AGF: <br />- _-~ -- --- MoxTCACI Lon,N No. 23532 <br />;cNfywALL~FNBYTI~FSepxtssNTS:Tnat Clinton J. Mare, Jr., and Betty L. Marr, each in his and <br />her own right and as spouse of each other, <br />Mortgagor, whether one or more, in consideration of t}te sum of <br />Far "~Thousand_ end _N1100=-- -------------------------------------------_-_---------_ iX)LIARS <br />loaned to said nwrtgagor by Thr Equitable Building and Luan Ayscrciation of Grand Island, Nebraska, Mortgagee, upon 400 shams of atodt of <br />said AS50C'(ATTON, Certificate No. L 23532 , do hereby grant, convey and mon~ge unto the said ASSOCIATION the fallowing <br />described rest estate, situated ir; };al! County, Nebraua: <br />PART OF LOT TEN (10) OF THE COUNTY SUBDIVISION OF A PART OF THE SOUTH HALF (S2) OF SECTION <br />FIVE (5) IN TOWNSHIP NtNE (9} NORTH, RANGE NINE (9), WEST OF THE &TH P,M., HALL COUNTY, <br />NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF <br />LOT TEN (10), THENCE IN AN EASTERLY DIRECTION ALONG AND UPON THE NORTH LINE OF LOT TEN <br />(10) A DISTANCE OF THREE HUNDRED TWENTY-GNE AND FIVE TENTHS FEET (321.5') TO THE POINT OF <br />BEGINNING, THENCE SOUTHERLY ONE HUNDRED THIRTY TWO FEET (132') THENCE EASTERLY ONE HUNDRED <br />FIFTY TWO AND FOUR TENTHS FEET (15^c.4') THENCE NORTHERLY ONE HUNDRED THIRTY TWO FEET <br />(132') THENCE WESTERLY ONE HUNDRED FIFTY TWO AND FOUR TENTHS FEET (152.4') TO THE RLACE <br />OF BEGINNING, AND PART OF LOT ELEVEN (11) OF THE COUNTY SUBDIVISION OF A PART OF THE <br />SOUTH HALF (S x) OF SECTION FIVE (5) IN TOWNSHIP NINE (9) NORTH, RANGE NINE (9), WEST OF <br />7HE fiTH P.M., HALL COUNTF, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING <br />AT THE NORTHEAST CORNER OF LOT ELEVEN (11), THENCE WEST ONE HUNDRED FIVE AND ONE-HALF <br />FEET (1052') THENCE SOUTH FIFTY FEET (50') THENCE EAST ONE HUNDRED FIVE AND ONE-HALF FEET <br />(1052'), THENCE NORTH FIFTY FEET (50') TO THE PLACE OF BEGINNING. <br />Iagether wittia[1 t;a~. tc,,,mc:nts, hemdrranirnts and appurtenances thereunto belonging, including attur'Ited !lour wverings, all window sorters, <br />window shades, blinds, storm wind+rw,, awnings, hrat:nt„air asnditiuning,and plumbing and water equipment and accessories theteto,pumps,stoves, <br />refrigerators, and other fixEtrrts and equipment now i.r hereafter attached is or trsed in connection with said real estate. <br />And whereas the said mortgagor Eras agreed and does hereby aeree that the nrortgagur shall and wiq pay ark texts and asstsstnents krieci of <br />assessed upon said premi;~a:s and upcm this mortgage, am9 the bond securni EHereby before the same shall }recottte delingtunt; to furtsish apptorAtd <br />ittsttranca: upon the buildings on said promises situated in the Burn utS 4G,DOD, OD payabk to said ASSOCIATION and to deliver w said <br />ASSOCIATION the pedices fur mid insurance; and not to commit ur permit any wash un ur about said premises; <br />In earn of default in the performam:e uC any uC the termx and conditions of this mortgage or the hand secured hereby, the mortgttgtt shag, <br />an dcrnand, be entitled to imtnediaie possession ut the nrurtgagcd premises and the mortgagor htrcb_y assigns, transfers and sets over la tht <br />rrwrtgagee all the rents, revenues and inanne to be derived from the mortgaged premises during su-h tithe as the rrtortgaige indehtedrress shall rew;n <br />unpaid; and tht rmxtgagee shay have the power ro appoint any agent ur agents it may desire sr the pur}wse of repairing said prerttises aad xtn[itig <br />tht same anJ collecting the rents, revenues and incunM, and it Wray pay out of slid income ail expenses of repairing said premises and nectssary <br />wmmissions and expenses incurred in rrntutg anC nunagtng the same and of collecting rentals thereCrum; [he balance rtrtnining, if any, to he <br />appt~d reward t;ce disz•t€xrgr of said rrcrrtgage iEEdehtedtErss;1hese rights oC ihr martgagte may 6r rxrrcirrd at any tistx during t}se exiattna;t of Sufi <br />default, irresprctivt of any tcrnpcnary wa€vt€ of the same. <br />These Presents, however, art upon tkc Condriirrn,'£Ir;at if the said Mortgagor shat! repay said ktan on ur before the ttnturity of said shares iry <br />paytt~nt; pay nxrnth}v to raid ASSfX'iA'fiON of the sum specified in the &md ses:ured htrthy as intertsi and principal on said ioan,on ar btfore <br />the "}`wer;tietn day :-~~ e...:,+ ::rnt every manth, unlit reed h ~n . fn;iy }raid; pay all, taxes and asscssrrn=ors etvitilagsiust aaiit p£retttisrs~a an{d~(o}nrt~his Mortgage <br />#t';t Eh:• ~:ntt LIe ~ b,°. t k }Si~.ti° r••i y _- n^y EE1rni'ih s£pt ltt5r 3sr v upizr% tie hudu':x:~ rh crco:: i~ ttt~ Ri[n Ut i t#il, uliU. lii,+ payanlF <br />to seed A,5St7LiA7Itt;ti. r pay t„ said As.~tX`IAiIOh upon d'nrarrd ail ntunr y by it paid fur such texts, asxtssmtntx and instuanrx with interest at <br />tote nrxirtrunr k„aI rte th se• r ;t-sin ;tat: u: payer , aiE :~: vbrctt kturrst 1•~r;<by .« 4. p„f ; }~etmit mr waste on said pretrt~s' ktsp and €ximpiy <br />with art the agreements anti Yrnditiuns of the t}c;=ad ftr S 40,00 Dlhis day grver. try iht said Mongagar to said ASSOCIATIfN:, and cx+mp;y <br />with art the requirerrtrnts of the Curatrtutron and Ny}.aws of said AS~~'IA'tiON~. then thtst presents shall hectrme null and vo:d, othtrwiat rosy <br />shall remain in full force end Wray br tisreclosed at the option of the said ASStX'iA't'ION aCtrt failure Cur three montFu to make any of said <br />payments or 6t three rtxniths in arrears m atak.iug said naanthly paynxnts, w to keep and comply with the agreements amt canditiuris of saM} Band; <br />and Mortgagor agrees hr lave a recover cep;xiin[eci forthwith in suer Coreclosure pnrceedrngs. <br />If thtrt is shy chwrge in uwrrrrshrp of tltr real txtatt rrarrtgagtd herein, by sak ur otherwise, thin the tnti[t rentainirtg ittdetkedness tset~hy <br />secured stroll, at the option uC The tquriahir Building and Loan Asscuialnm of f:rand Iceland, Nchraska,becurne ittunedrately due and payabk without <br />furihrr metier, area t4,• Guuuun rr~-,_hnn; due under xaui bond, and any other bond Cor any addithntal sdvant~s made thereunder, snarl, from the <br />date of txtrcist of vEd option, hea, rntetrst at the ntaxmmm legal rate, and thts mortgage nvy then 6e fureclased to sstiafy the amount due on stdd <br />hcrnd,attd any ;,ttrct bond fur addiliunat advancx>, tc~,tthet with alt sums paid by card 'Tttr F yuirabie Building and t.uan Asxtciatiun of Csarsd Island, <br />Nebraska for irruitana, taxes and asscssinrnts, and abstracting txteririan charges, with mttrtst thereon, from date of payment at the tawxtmwn <br />kgtci rare. <br />As ptovickd in the Hand secured Irru•hy, wlydr thrx nnutgage rrntaina rn effect the rrtorigagte pray herea[trr advant~r addrtwmal sow w the <br />rrwkrr, of said Bcatd, ttrru assrgrrs ur xns'p~sSirri i^ uucce;it, which sums s_hali tie wtthtn the srcurny uC 4his are,rtgage tnc sarrtr a, ttez fumia e.rigruaily <br />ateturd thereby, the total anwunE ,:i prirscrpa! dE.ht not to rx«:crd at any time the +»igrrtal anruunt of this nwtigage. <br />~t rnt. 31st., day ,f Auqu~"t-3, A {~_, te19 <br />G Ma~ JA.~_) .~ ~ <br />Better <br />STATt: OE N@BRASKA, ~ $ Ott this 31st day of August 19 79 , before errs, <br />cvuNTY olr Itet t <br />rtes tuuktsigtted, a Notary Ptth}ic in and lot said County. ptrscrnaBy ante <br />Clinton J. Marr, Jr„ sod Betty L. Mare, wha are pttsonalyknawnto <br />each in his and her own right and as spouse of each other <br />nta to he thc,idtntir~l persans whose turtteS afCxed m tht above iasUU nt as ttxutgagut S and they severally <br />,.. - <br />a~uiawted~zd the said instrtlrrlattt to ire their vo;untaty act and decd. <br />N'17'NL'SS my nand attd Notarial Sea! the date afurtsakt. t /~ 7 ~~" ~? <br />My Cantmission expurs r ~ ~ ~ ~f! F -' <br />!! 4 r ~~~" -~~y' <br />C[NFfptHCr aRY c.,Er ~., t _f.~°'1~-_ _...-.'". `- f- N~t~e'pN~~ - <br />tata.m ut Ji)Y M. 6+.%4::t,LY ,.:~ t f <br />MY Comm. feD. Sept, t, L~Rt / <br />