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<br />MORTGAGE
<br />T MORTGAGE LOAN NO. L 23549
<br />>n~awALLMENBYTrt€~sEeaESENTS:That Donald R. Mason and Beverly J. Mason, each in his and her
<br />own right, and as spouse of each other
<br />----------------- Mortgagor, whether one or mote, in tprttsiideration of the sum of
<br />Five Thousand and No1700-__---- __ __ _ ----------------------------t~oLLARs
<br />barred [o said mortgagor by Thr Equitable Building and Loan Association of Grand Island, Nei.,,ska, Mortgagee, upon 5D shams of stark of
<br />said ASSOCIATION, Certificate No. L 2354.9 , do hereby grant, convey and ntortgttge unto the said ASSOCIATION the foliowittg
<br />described roai estate, situated in Halt {'aunty, Nenraska:
<br />LOT SIXTEEN (16) OF VILLA MAR DEE SUBDIVISION
<br />OF A TRACT OF LAND COMPRISING: ALL OF lOT
<br />TWELVE (72) OF THE SUBDIVISION OF LOT NINE (9)
<br />AND ALL OF LOTS SEVEN (7} AND EIGHT (8) IN
<br />WINDOLPH'S SUBDIVISION OF PART OF THE NORTH-
<br />EAST QUARTER OF THE NORTHWEST QUARTER (NE;NW~;)
<br />AND NORTHWEST QUARTER OF THE NORTHEAST QUARTER
<br />(NW;NE;) OF SECTION FOURTEEN (14), TOWNSHIP
<br />ELEVEN (11}, NORTH RANGE NINE (9) WEST OF THE
<br />6TH P.M., HALL COUNTY, NEBRASKA.
<br />tagzttzer with all the trnenants, hrreciikaniznts and appmtenansrs thereunto nrtonging, including attactted floor coverings, all wirrtlciw screens,
<br />window shades, blinds, storm windows, awnrngs, heat#ng„av conditioning, and plumbing and water equipment andaccessotiestheteto,~ptunps,stawaa,
<br />refriKeratars, and other fixtures and rquipinznt nc:w or hrsreafter attached to ur used in connection with sail teat estate.
<br />And whereas the said mortgagor rtes agreed alai drzs hereby agree ttwt the mrirtgagu[ shall and will pay all taxes and assessrtsenta levied or
<br />assessed upc>n said premises and upon this nx+rtgage arta1 the Hood secured tltrrcny before thz same shall beco;r~ denrpurnt; to furnixlr appeared
<br />inswancx uison the butid~ on said premises srtuated~in the sort cif S ~ s DOD. DD payable to slid A.SSt')C{ATION and to deliver to said
<br />ASSSOCIATION itre palicias lix said msuran x, and net ic;r ixrmmit ur permit arty waste on ar nbaut said prekttites:
<br />In tax oF' dzfauh in the perfurmar,rz of ar•y of tFtr tattles and conditions of this texntgage or the bond seeturd hereby, the tuurtgpgte shall,
<br />on demand, be entittrli to immediatz possession of the mortgaged premises and the rrx+rtgagor ttertrby assigns, innsfers anci sets over to the -
<br />mrsrtgagea all the rents, reventus and in4Yxrsc to be derived from the trtortgsgeel premiers during such time as the mortgage indabteslnes strati rrt[tain
<br />unpaid; and the mortgagee shall haul the power to appoim any agent ur agents it rosy desire fur the purpose of repairing said prams amt rentittQ,
<br />the same and rottectinc rite rents, rcvenuzs and income, and it may pay out of said income sU expenses of rcpairirtg said premises and rtetxaarry
<br />mmntissians and expenses incurred in renting and managing tier x#mte and of collecting rentals therefrom; tltr balance remaining, if any, to be
<br />app~d (award the discharge of said axntgage #ndebtedncss; tteese rights of the nortgagee rosy be exercised at say time durirtg the existenee aC such
<br />default, ircespectnr of any temporary waiver of the semi.
<br />t°ttzse Fraser rs hussever, arc upon the Conduiun, That tt the .said Mortgagor shaft repay said Cann on ur before the matutit~' of said sires b4-
<br />Pa`r`~n#, [$y nx. t r :u ASSC~.'i~T#f3N of tier vent spacrrwct ~*. #ne Ilund secured he2by as interest atxd prirtcipat an acid loan, an ar bnfare
<br />khz Twtrtttetn day rnf eaih and evzn manta, until said keen is fatly paid; pay all taxes and assesstr~nts leveed atrairrst said pratnisas Heal tm thgc Mortgage
<br />::nd ine licrnd ~ e t t,~ ~, ~f;,rc ,ktirgt~:t;< Earn sh app. =,au: rnsurans,: itls<~ rile $uitdingr rLareat in tn~ strrtt Cf 3 ~ s0}~. ~ payable
<br />ku acrd AS50C IA # t()N- regal to said ASS(l( t_ATION a x_rn lemartd alt ttuassay ny r peal for sth;h taxes, ass<:ssttticnts and irrxruancr v/itn iniets~ at
<br />tt:e m -~,rtr ~~ r_ • ---_-~}n `:::::..a...xf p,y n,.;kt a.~ of vetoes S#arigaagur harahy agrees to pay; partttit tx± wast€ un said pretni,~s~s k rx
<br />with ~" ; a :,ar - - u, :~..,- - -re Lt~ms rnr ~ y ~seii.ll` ~ :Fay l,i~rr y :;`~ Ord aiottgagor trt saxi A,3'3i7F;lATECit^C, atW
<br />with all the regale trrnt ut the Curutt[uttan anti By-I,xws ntss,d A~'S~CLATIt~4k itt~!t t p~€~n#3 sr~ll t~rir~ €+~'h ,-w_~ ~~~, __ -_- -
<br />~tatl rcmaut in tt.lt i.,r r and ntay bE iurectuszd at tree apt,an of the satd ASSOLIq't-ION slier faitutr for three months to ttadte any of xai:F
<br />payrrtents tx tx ricrac ntunths in arrears in making said monthly payments, rx to keep and comply with the agraerrrrnts and rnnditions of laid ttcwsd;
<br />and Mortgagor agrees to have a receiver apex+kntetl forthwith in such foreclosure pnx~redings.
<br />If there u any ct#angc in ownership of the text estate rrn+rtgxgrd herein, by axle or otherwise, tltcn the entire rcmainit~q indebtednvxa hereby
<br />secured shalt, ai the option of The I~.quitank Buihiing and loan Association of Grand Island,Ntbraska,nraarne itmrtediattdy due and pttyabia ~ariihaut
<br />(artist notice, and tttc attx3ernt [retaining due under sold bond, and any other nand for any additional advances made tttereundar, shall, (roan the
<br />date of exarriae of said crptinn, bear interest a[ tree maxmtum legal rate, and this nxutgaga may then be 1'oraclased to aitisfy the amount due tat said
<br />bond, and arty other Lx,nd fuc additional advances, u~gathrr with al( (wets paid by said The Equitnbk Building and Loan Asweialiarn of (.rand 1sLtnd,
<br />Nebraska Car insurance, taxes and assessments, and abstracting extension charges, with interest thereon, tram dart of paymen# at the tnttatimum
<br />kgnl rate.
<br />Ax Frravided in the tit+nd sz~urrit hereby, whUe ttii mortgage rernainx in effect the nturtgagee troy haroafmr adnnas additional sotto to t(se
<br />urakars of stud Bc+od, then assigns or stcccesxorx in interest, which xunu she!! br within the security ccf this mortgage the settee as the 1'unda uryjirtalty
<br />secured llrerebY, the total artxaunt of principal debt oat to exceed al any ume the original nrmwnt of this mortgage.
<br />tad tole ~8tt~ try ~f September A. ft., l~t7g
<br />~-
<br />Beverly J. .Mason ~
<br />STATE, OF NEBRASKA, ~ ~ this l ~ih day of
<br />', (;otlNt~r ©F tIAI.L ~ September lv 79 ,before irm,
<br />the rtndarsigrurd, a Nataty Htblic to and for acid County, personally caurte
<br />Donald R, Masan and Beverly tI. Mason, each fn his and her own righ~aand as s~porSlo~na~i~b'
<br />other
<br />to to 6e the identical person S wtrose name 5 are afFixeJ ra the shove inalrurrrerttas tnortga~or S dr and the sevaraBy
<br />xcktwwkdgrd the said instrument to be their voluntary ac:t and Heart.
<br />wITNIiSS my hand and Naiaria! Sant the date afnras~- / _
<br />~ - - _ F. _ I ""~
<br />.. r-
<br />IiEMEdill g i1gY • StaCa et NaOtssta ~ _ -e. - ~- ~' - iFi ~",
<br />JOY M. BEAZLEY ~ "'_'`~«-~~"'7"__~"i- " '---- ~`-~
<br />to:a-%:a at Nata.~T
<br />tdy Comm. Exp. Sept: 1,15&i ~
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