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<br />Ml3RTGAGE _ ___ _ ___ _ _ _
<br />v ~ ~ ~ MORTGAGE LOAN NO. L Z 3 , 561
<br />KNOW ALL MEN BY THESEPRFSEA'TS:That Rudolf F. Plate and Jeannice R. Plate, each in his and her
<br />own right, and as spouse of each other
<br />Mortgagor, whether one or more, in rAnsideratiov of the sum of
<br />Forty-four Tt~usand Eight Hundred and Nol100---------------•--------_______________ noLt~tRs
<br />locoed to said mortgagor by The Equitable Building and Loan Associatan of Grand Island, Nebraska, Mortgagee, upon 448 shares of Aodc of
<br />said ASSOCIATION, Certificate No. L 23 rf, , do hereby grant, convey and mortgage unto the said ASSOCfATION the following
<br />descrrbed real estate, sitwted in Hall Countys. a tasks:
<br />LOT THIRTY-NINE (39), WESTWOOD PARK
<br />SUBDIVISION, NALL COUNTY, NEBRASKA.
<br />together with all the ienernents, hereditaments and appurtenances thereunto belonging, including attached floor coverings, aU window saeens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thece[o, ptunps,stoves,
<br />refrigeralots, and other fixtures and equipment now or hereafter attached to or used in connection with said teat estate.
<br />And whereas the said mortgagor has agreed and dues hereby agree that the mortgagor shall and will pay all taxes and asstssr[tents Itvied err
<br />assessed upon said premises and upon [his mortgage and the bond secwed [hereby before the same shall becarce delinquent; to funaish approved
<br />insurance upon the buildings on said premiers si[vatedtin the sum of 3 44,800.00 payable to said ASSOCIATION and to deliver to said
<br />ASS4tC1AT[ON tare policies for said insurance; aad not to ~rommit or permit any waste on or about said premises;
<br />In case of default ta the performanr;e of any of the terms and conditions of this mortgage or the bond secured hereby, the rxtortgegee stall,
<br />on demand, be entitled to imrneriiate possession of the ruartgaged premises and the motgagor hereby assigns, transfers and sFts over to the
<br />mortgagtt: all the rents, revenues and inrnme to be derived from the mortgaged premises during such time as the mortgage irtdebtedaest shall retrain
<br />unpaid; and the mortgages shall have Lhe power to appoint any agent or agents it may desire fur the p•.rrpose of repairing said premises and renting
<br />the same and mllccting the rents, revenues and in~rome, and it may pay out of said intnme all expanses of repairing said premises and naoessary
<br />commissions and expenses incurted in renting and managing the same and of mllectirtg rentals therefrom; the balance rctrainireg, ff any, to be
<br />applitti toward the discharge of said mortgage indebledr±ess; these rights of the mortgagee may be exercised at any lime dttrir~ the existetra of such
<br />defauft,ureapeclivc of any tsntpstrary waiver oC the sa[s~.
<br />Ttx~ Prsssnis, .R :rcsxr, are upc+a late Condition, :'tat i{ the said Mar[gagcr sftati repay said loan on or txfore the matittir; of said shares by
<br />payrrxnt; pay nnrnthiy u+ satd AaSOC1 ATION of the sttm speei&ed in fhe flood secured hereby as interest and principal an said lean, an ur txfars
<br />the'Rverrtieth day rf each and every nwnd[, until said loan is fatty paid; pay all taxes and assessments ievrd against said pretnites and on this MorEgagt
<br />and the (#ond secured thereby, be'forc delinquency; !"utnish aggrnved instvance upon the buildings the[eon in the stetn of S 44,80D. OQ payable
<br />-~,id ~.StY'lATlt?N; repay to tad A_~SOCIAi'lON upon de[tta[[d alt rn;:atey by it paid far suy't taxes, am€ats acrd ~=strarr~ -with intara~ at
<br />-the maximum legal rate thertvn from date ni payment afI of which Mortgagor hereby agrees to pay; permit nu waste on said premises;keep and wtnpty
<br />with alt the agreements end conditions u! the Bond fur 3 44,800 QD [his day given by the said Mr><tgagar [tr said ASSOCIATION, and swn~rl}•
<br />with alt the regtiirsrrtents of tt:e Constitution sad fly-Laws of said ASSOCIATION; then these presents shaft bemtrte nttfl artd void, otherwitt they
<br />snail remain in fttU titre and easy be fursc>tacd at the aptiun of the sad ASSOCIATION after faAure far these tnruttha to [take any oC aid
<br />payments ax be three rtwnths itr arrears in making Bahl monthly payments. or ro keep and comply with the agreements and cot[ditiaas o[ said bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such forccksavre proceedings.
<br />If there is any ctange in rrwnerahlp of the rest estate mortgaged herein, by sale of othtrwim, then the entire rcnuhting indebtedness hereby
<br />secured shag, at the option of The Equitable Building at[d Least Assrk:iation oCGtsnd Island,Nebtaska,become inttnediately due emf payable without
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, stall, from taro
<br />date of exertdx of said option, bear intereu at [he maximum legs[ rate, and this mortgage uay thin ba foreclosed to satisfy tI[e amount due tat said
<br />bond,and soy ottt9e band for additional advances, together with alt sums paid by said 'fhe Equitable Bwlding end Loan Asstrdatiun of Grand talar[d,
<br />Nebraska far insurance, taxes amt assesstr[ants, and abstracting extension drarges, with interest thereon, from date of paytnem a[ the naxtmum
<br />legal rate.
<br />As provided in the B. nd secured hereby, white thin mortgage retnains ht affect the mortgagee may hereafter advance additional stttm to the
<br />nakers of sai[f Bund, their assigns ar succebtrrs in interest, which wtns shall be within the security n( this axtxtg~sge the samo as the frtnds origiraUy
<br />secured thereby, the totel atrx+unt of prim:tpaf detxt [tot to ezrsxd at any tittle !ht urigiral amount of this tnortgttge.
<br />27#h pt b __ .. A.. n., lv 74
<br />ud~~~ ate - -__ _
<br />'Jeannice R. Plate
<br />SI'ATL' Ol+ NEBRASKA, ~ ~. On this 2 Jth deY of September 19 )9 . before tae,
<br />coaNTY as+ t~lAAta.
<br />the ttttdersrgnat, a Notary Public in sad for acid Ctrwtty, peraonall carne
<br />Rudolf F. Plate and Jeannice R. Plate, each in his and her awn right, and as spouse aiY each
<br />other who are ~171°'tty know'[ to
<br />me io be the identical person S whose name S dre affixed to the atwva uu`trttt[[ent as mortgagor S and they severally
<br />acknowletigad the said instrtnttent to be their votuatary act and
<br />9t7TNESS my hand and Notatia! Sea! the date. aforasaid_
<br />My Cotnrtiusion expires
<br />ta~sm et }'~ . -^y~-'-
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<br />viC{`_7 in'?7 ~ titotE ~.~i ^lebr.~
<br />JP,'.§~S iV. O! 5C7 td
<br />a'~`~ hSy :,b,,,~n. Exp. Nov. 1T. 1919
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