|
t:'rv
<br />MUR'PGAGE _____ _ _
<br />- _-_~- - _~:__. _.~_ MORTGAGE LOAN Nt7_ L'a~~$ ~-
<br />KNGW ALL MEN BY THESE FRESEi~fIS: That Linda J . P1 acke, a s i ng l e person
<br />Mortgagor, whether one or ttrorc, in crrttsideration of the scam of
<br />Forty-four Thousand Eight Hundred and Noli00-------------------------------------- ~~~
<br />batted to said mortgagor by The Equitable B.rddntg and Loan Association of Grand Island, Nebraska, Mortga~, upon 448 altars of star3t of
<br />sab3 ASSt7CIATiON, Certificate No. L 23:618 , do hereby giant, convey and mortgage unto ttx said ASSOCIATION the fo0awing
<br />described teat estate, situated in Hall C_ catty, Nebraska:
<br />LOT FOUR (4}, 'SUBDIVISION OF BLOCK ONE,
<br />VINE HILL SUBDIVISION" AN ADDITION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />together with all Este tenements, hereditaments and appurtenances thereunto bebnging, including aItacited floor covetitigs, all window screens,
<br />vvirtdaw shades, blinds, storm windows, awnings, heating, air conditioning, and pltunbing and water equiptttent and accessories thereto, pumps, staves,
<br />refrigerators, and other fixtuees and equipmend now or hereafter attached tour used 'cat Cann^^tion with raid real estate.
<br />And whereas the said mortgagor has egreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />assessed upon said premises and uprm this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated'in the sum of S 44,8DDy OD payable to said ASSOCIATION a~ to de}iver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any waste on or about said premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the bond sectued hereby, the moRgagee shalt, ,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over [o [he
<br />mortgagee alt the rents, revenues and income to be derived from the mortgaged premises during aL'Cli time as the mortgage indebtedness dull rctrnin
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of rcpairigg saw premises acid renting
<br />the same and collecting the rents, revenues and income, and it trtay pay out of said inwme s13 expenses of repairing mid premises and tteccrsary
<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 towud the discharge of said mortgage indebtedness; these rights of the m~octgagce may be exercised at any time dttrhtg the existence of such
<br />default, irrespective of any temporary waiver of the same.
<br />These Presents, however, are upon the Cattdi[ian, That if the said Mortgagor shag repay said ban on or before [be mntttrity of saw shares Icy
<br />payment; pay ntonthty to said ASSOCIATION of the wm specified in the Bond secured hereby as interest sad prineipat on said loan, on or before
<br />t1-ie i wertieth day cat" each and er~ry month, until said lawn is fatly paid; pay all taxes and assessments levied agairssi said prem~as and an ibis Mortgage
<br />ar3d ihti °o„d seuurea t,~r; b;~, f:*fUYe -1e!ttt ua_rcy: furrted; appiamd :rtst:rance upon ttte bers'fdtngs thereart cat the szuta of ~ d t} , $~~ . Q(~ ~yab'_.n
<br />to said ASSOCIATION; repay to szid ASSOCIATION upon demand aB money by it paid far such taxes, assessments and insurance with itttere~ at
<br />k~ .,~axvrNra tai:; t,'tet~n f ~, date of payment alt of vahlch Mortgagor :~reby agre~.s La pay; ~rrnit rte west;, oa saa-d ~s;kt std ru~at'i
<br />wilts aB the agreements and amditions of Che Bond 1`ar S 44,80D: f}t~- this day given by !hc said Mortgagor to said ASSOC[ATION, and comply _
<br />with all the requirements of the Constitution sad BY-laws of said ASSOCIATION: then these presents shall became nuB and wid, otherwise they
<br />Mall remain to fuB force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to tttake any of said
<br />payments or be three months in a: rears in making said monthly payments, or to keep and comply with the agreements and ootiditions of raid Bond;
<br />and Mortgagor agrees to have a receiver appointed (atthwith in such foreclosure proceedings.
<br />If there is any chattgr in ownership of the real estate mortgaged herein, by sale or otherwise, that itst entire rtmainittg imkbtednass Iteteby
<br />saytrcd shag, at th- option of The Equitable Building and Loan Association of Grand Island,Nebraslta, become itnntediatety due and pyabk without
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional advances made theremder, ahaB, from the
<br />date of exercise of said option, bear interest at the tttaximttm Iegal rate, and this mortgage rosy then be fotedosed to satisfy the amount due on acid
<br />bond, and any other band for additional advances, together with all sums paid by said The Equitable Btn7ding and Loan Association of Grated Island,
<br />Nebraska foe insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from dots o_` payment at the rruximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains In effect the mortgagee may hereafter advance additional stints to the
<br />makers of said Bond, their asri~is or successors in interest, which sums shall be within the ~curity of thin mortgage the same as tin: funds originally
<br />ae~tred thereby, the total anvomt of principal debt oat to extxed at any time the original amount of this mortgage.
<br />`Dated this 1 +4th. day of November A. D., tv 79
<br />~: 1, n a J . a c~
<br />SPATE OF NEBRASKA, ~ ~. On this 14th . say of November 19 79 ,before toe,
<br />cotlhlT~sr ©i< HAtt-
<br />the uttacrsigned, a Notary t'ubiic in and for said County, perrortatly came
<br />_ ._ .
<br />_ __- Linda cl. P1aCke, a single pe;,son- who iS personally known to
<br />Inc to be the idetiticai person wfioae rtaine 'I S affixed to the above it~airument as or and She
<br />adctrowteaged the said instrument to be her voluntary act ana deed. ~ ,
<br />WITNESS rrry hand and Notarut Seal the date aforesaid. ~ r
<br />My Cotrtm~xion expires ~`----r"-°°"~-- t~~f _- ~
<br />} +r: t vs'rbsia ~ ~ { No ~ Pub~-
<br /><~Ef
<br />terrcass at _ „~
<br />~ ~~'
<br />~-- -'~'-~._ - - ~~.. . t9ol ~~
<br />
|