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<br />Ma:RT'GAG£
<br />MC}ATGAG£ LaAir NU. _ L Z3,~S7O
<br />Ic~lawALL~IENBVTxES£PRESENTS:That Clarence Eugene Fisher and Linda Davis Fisher, each
<br />in his and her own right, and as spouse of each other
<br />Mortgagor, whether one or more, i:. ~inaitierafian of the stun of
<br />Seventeen Thousand Nine Hundred and No1100--------------------------------------- DOLLARS
<br />loaned to said mortgagor by The £quiiable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon l 79 shares of stark of
<br />said ASSOCIATION, Cenifigte No. L 23,57D , do hereby grant, coavey and mortgage unto thz said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />THE EASTERLY FORTY-NINE (49) FEET OF
<br />BLOCK SIXTEEN (16) OF WINDOLPH'S
<br />ADDITION TO GRAND ISLAND. BEING A
<br />RECTANGULAR PIECE OF GROUND HAVING A
<br />NORTHERLY FRONTAGE OF FORTY-NINE (49)
<br />FEET ON ANNA STREET, A DEPTH OF ONE
<br />HUNDRED FORTY (140) FEET AND BOUNDED
<br />ON THE EAST BY GREENWICH AVENUE,
<br />(FORMERLY uu"REEN STREET).
<br />together with all the tenements, hereditaments and appurtenances [hereunto belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto,pumps,stoves,
<br />refrigerators, and other f fixtures and equipment now or hereafter attached to ur used in ccnnaction with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />assessed noon sand premises and upon this mortgage and the bond secured thereby before the same shall become de8nquen2; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of $ ~ j, g00, DD payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and net fo commit or permit any cvastc on or about said premises;
<br />_ In case of default in the performance of any oC the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shat,
<br />an demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee alt the rents, revenues and income to be derived 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 ft may desire fur the purpose of repairing said premises and renting
<br />the same and collecting the rents, revenues and income, and it may pay out of said ina~me all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised ai any time during the existence of such
<br />- default, irrespective of any temporary- waiver of the same. -
<br />These Presents, however, are upon the Condition, That if the said mortgagor shall repay said loan on or before the maturity of said shares by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Bund secured hereby as inceres[ and principal on said loan, an or before
<br />the Twentieth day of each and every month, until mid loan is fully paid; pay all taxes and assessments levied against said premises and on this Mortgage
<br />and the $ond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of S '~ 7 gD0 Q(~ payable
<br />to said ASSOCIATION; repay to said ASSOCIA'fIGN upon demand ail money 6,y it paid for such taxes, assessments and mstPrance'^tth interest at
<br />the maximum eager rate thereon from date of payment alt of which m artgagnt hetehy agrees to pay; permit na waste an said gremises;keep a.:d ua ;tt>Iv
<br />with all fire agreements and conditions of the Bond fur 5 ~ 7 , 9D0.00this day giver: by the said 3icrrtgagar to said ASSOCIATION, seed eoropiy-
<br />with all the requirements of the Constitution and By-Laws of said ASSOCIATION; then these presents shaA become null and void, otherwise they
<br />shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of said
<br />payments or be three months in arrears in making said monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees ro have a receiver appointed forthwith in such foreclosure proceedings.
<br />if there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage rttay then be foreclosed to satisfy the amotmt due on said
<br />bond, and any ether bond fat additional zdvances, together with all sums paid by said The Equitable Builaing and Lnan Association of Grand island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interess theroon, from date of payment at the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br />makers of said $ond, their assigns or successors in interest, which sums shall be within the security of this mortgage the same as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />Dated rids 2nd say of _ October A. ~., Is 79
<br />_~ en~eFu e F er ; .~,•
<br />-t - _ ..a
<br />inda Davis Fisher
<br />SPATE aF NEBRASK,1, ~ ~ On this 2nd day of
<br />COUNTY OF BALL October 19 79 ,before me,
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Clarence Eugene Fisher and Linda Davis Fisher, each in his and heron right,p~'~da$yskd~r~i4aSe
<br />of each other are
<br />me to be the identical person g whose name S are affixed to the above instrument as mortgagor S and they severally
<br />acknowledged the said instrument to be their voluntary act and deed.
<br />WITNESS my band and Notarial Sea i the date aforesaid.
<br />My Commission expues ~ . /=
<br />- _ _ . - -~
<br />s-t-aatt at otary• Public
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