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<br />MORTGAGE _ _______
<br />MoRTC,at:r:LOaNNa L 23,583
<br />1(NOwALLMENSVTxESEPRESENTS:That Eddy L. Hurley and Kathleen E. Hurley, each in his and
<br />her own right and as spouse of each other
<br />Mortgagor, whether one or more, in consideration of [he sum of
<br />Sixty Two Thousand and NOj700---------__---------------__-------------------pa1,I,ARs
<br />loa.~ed to said mortgagor by The Equitablz Btilding and tuan Association of Grand Isktnd, Nebraska, Mortgagee, upon 62Q shares of stock of
<br />said ASSOCIATION, Certificate No. L 23 , 583 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hal County, Nebraska:
<br />LOT Ti~10 (2} IN IMPERIAL VILLAGE EIGHTH SUBDIVISION, IN THE CITY Of
<br />GRAND ISLAND, HALL COUNTY, N"cBRASKA.
<br />together witfi a'd the tenements, heredita,-*rents wd appunerances theretmto belonging, including attached t7oor waerirtgs, all window svsrs,
<br />wiadaw shades, blinds, storm windows, awnings, heating, air mnditiarting,andpIumbing and water equipmens and accessorgs thereto, pumps, stoves,
<br />refrigeratots, and other ftxturs and equipment stave or hereafter attached to or used in connection with said seal estate.
<br />And whereas Lhe said mortgagor has agreed and does hereby agree that the strortga3or shah and vrilt pay all fazes and assessments levied or
<br />assessed upon said premi;es and upon this mortgage and thr bond sealed thereby before the same shall become delin~~t•!; to furnish approved
<br />it~tuaatt [[pert the btu7dirtgs on said premiss situated in G-te sum of 5 62 , COO.I~O payable to aid ASSOCIATION and to dti:ver to said
<br />ASS£?CtAT10N thz policies for said istsurance; and not to wrnrnit or permit any waste on or about said premises;
<br />In a[se of dtiault in the pedormanix of any of the tetras and amditions of this rttortgage ar the bond secured hereby, thz mortgagee shall,
<br />ce demand, be entitled to irrmrediate possession of the mortgaged premises and the rrtortgagor hereby assigns, transfers and sets over to [_he
<br />mortgagee all the rents, rcvent~ and income io be derived from the mortgaged premises durirsg such tune az the rrartgage indebtedness shall rcrmin
<br />unpaid; and the mortgagee shall have thz power to appoint any agent or agents it may dtsire for the purpose of repairing said prcrnhes and rcntielg
<br />t1x same arni Caileaing ttte rents, reventrs and inmme, and it tray pay out of said income all expense of repairi[tg said prcmixs and necessary
<br />commissions and expenses mcucrstl in rcntutg and ma~~g the same and of coltectiag rentals therefrom; the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtzdtress; ,'tese rights of the mortgagee may be exercised at any time dirrirtg the sxisteatt of such
<br />drfailt, irrespective of any temporary waivtt of the same.
<br />3'he~ Presents, ttowevxr, are upon the Condition, That Lr the said Mortgagor shalt repay said kvan on ar before .he z[svttuity of said shares by
<br />payment; pay rttortthly io said ASSOC1ATIf)N of the even spz¢fizd in thz Bond secured hereby as inures[ and p[intipal an said loan, on or before
<br />the Twrn!ietlt ~y of each and evzry month, lentil said }oan is fusty paid, pay aB taxes acrd assess eats levied against said promises and oa this Mortgage
<br />and the Band secured thereby, before delinquency; furrtisft approved ins[rrance upon the bitdd;ags Lhereon u[ the sum of S 62 , ODO. DO payable
<br />to said ASSOt"fAT10N: repay to said ASSOCIATION upon demand atl motley by it paid tot such taus, ~vs~•nts artd :nsurantt with interest at
<br />the maximum legal refs thereon from datz of f~yr2!+t vti of whi;_h lv9origs~?r M=eby frees tc pay; permit as waste on said prssrisrs;k_vp and imply
<br />with aB the ag<aments wd mnditions of the Band for S 6p Q{~ n this day given by tfte said Mortgagor to said ASSOCIATION, and comply
<br />with atl the requuemeats of rite Constitution and By-laws oT 3atd"lATION; thin three presents shall bemtne null and void, otherwiu they
<br />sha}) remain is fuB fora and may be foredossd at the option of Ehe said ASSOCIATION afar isilure Cor thses months to make any of said
<br />payments or be three months in arrears in making said monthly payments, or to kelp and comply with the agrartxnts and condrtions of said Band-
<br />and Mortgagor agrar to have a rceriver appointed forthwith in such fareclasuro proceedings. '
<br />If eixrc is aty drattgz 40 ownership of the real estate mortgaged herein, by sate or atherwve, [}tort the entire remaining indebtedness hereby
<br />secured shaft, at tbe aptiom of The Equitable Btdidvtg and Loan Assodatian of Grand Island, Nehntita, ~co[oe immediately dtse and payable without
<br />furihtt stotitt, and the amount remaining due udder said bond, and any other bond far any additional advances roads thercutsder, shall, from the
<br />Ants of excrr.;~ of said option, boa interest at tee maxiatrrat legal rats-. and this rtxutgage may then bs foreclosed to sttisfy tlu amount due oa aid
<br />h®d, and any other bond for addi[iona3 advances, toget}er with ail strr[ts paid by said The E.:,t;<table Bu[1d'mg aced Laan A>sociation of Grand island,
<br />?dskrssfsa for itrsvar=n~, isxes oral as~3rtes, arm aburacti. a sxisns~n c'rasgss, with inters: ~herxn, Pram date of paycxnt at ihs tstaximw-n
<br />legal nu.
<br />As provided m the Bond sm-ured hereby, whle this mortgage retirains ut effect the ttwrtgages rttay hereafter advantt additional sums to the
<br />rnakets of said Goad, thou assigns at suxessors tees interest, which sums sitatl be withi^t [fee security of this mortgage the came as the funds originally
<br />seatrul tleersby, the veto[ amount of pturcipai debt aai to sxcad at any tints the original amount of this mortgage.
<br />t~~I ~,th - dmyaf October A. n..1~79
<br />~ ~ ~ °~,•~
<br />y .~ .~.~
<br />Y~4h7ac=5: >:. Hurley
<br />STATE ~ ~~• } g. fle *his des of 19 ,before rne,
<br />~~) 77th Y October 79
<br />the undersigned, a Notary Public in and for said County, personally tyme
<br />Eddy L.Hur7ey and Kathleen E. Hurley, each in his and her own right ahnd as spouse of each
<br />other -~'`~/~ w a are ~CIIO°~' known m
<br />ae to 4e the identical. person S whose [tame S are affixed to the above irtsartas sat as mort~gor5 and they severalty
<br />ad[raowleelged the said itmrttasmt to be their voltmtasy act and dad. // .~
<br />WI7NFS5 my ttartd caul Notarial Seal the date aforesaid. ~ ~ , ~
<br />f
<br />My Corrtmrsion experes i "~ r ~L
<br />6BifRAlHR.4s'Y-5±ete,nltsxz`asza ~ --- Notary u
<br />ratsas a :t3Y Fn. HEFZLcY - -~
<br />1tlYy ~emm. u(p. sop[. t, l:Xi
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