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<br />'-" '~^~'-"""'~AtGL':C~:cle~^~u~mJlti4l:IC:long.LL~'~:I'~IIIY:'.oel'.~c:l:o:_:J~:'.v:~ ::Illu~uaJ u::a:a:~1-~7Y-Y-.ITie_p;c.~= mc~-Jq~.~.-~ily~l7ltlgh:i~1- OtlC:a4o~gMRY- ~ ~91.'Yame-~~ ~ o.tl~~_
<br />I~fsltTfinf;E IAA~i gift. L L3 ,a54y~ ~~
<br />KNOW ALLh16TiBY13fESEPRE?."TS:That Larry E. Hoes and RD,Jeaflne HCreS, each 't fl his and her
<br />own right, and as spouse of each other
<br />nifty Thousand and No/1D0--------------------------Mortgagrx,whether`ors'or`_eacos,sidesation~tf"rr~`d
<br />lmned !o said mortgagrx by The Equitable Buitdirug oral Loan Association of Grand Ishad, Nebraska, Mor[rtrg~ee, upon j~~ shares of stack rtf
<br />said ASSOCIATION, Certificate No. L 23,640 , do hereby giant, convey and m«tg~ unto the said ASSOCIATION the falioxitra
<br />described teat estate, situated is Hall County, Nebrasta~
<br />LOT SZX (6} WEST SPELTS-SCHULTZ AODITZON TO THE CITY 0~
<br />GRAND ZSLAND, HALL COUNTY, NEBRASKA
<br />together with all the tenements, hereditaments and apptutenamxs Yhereunto belonging, including attached floor coverings, aB window srxeeax,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning,and plumbing and water egttipmentand accessories tttereto,putrrgss,staves,
<br />refrigerators, and other fixtures amt equipment now or hereafter attached m or used in cannectron with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and wiFl pay alt taxes and a~+^~n[s levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delirtquen[; to ftnnish approved
<br />msurattce upon the buildings on said premises situated in the sum of 5 5O , DOD. OD payable to said ASS{7CIATION a~ io deliaer to
<br />ASSOCIATION the policies for said insurance; and nut [o 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 secured hereby, the mortgagee ~,
<br />on demand, be entitled to imrnediaie possession of the mortgaged premises and the ntortgagor hereby assigns, tratrsfezs and sets over to ihC
<br />tttortgagee all the rents, revenues and income to be derived from the mortgaged premises dttrirrg such time as the mortgage indebtedmss shall remain
<br />unpaid: and the rnorlgagee shall Lave the power to appoint any agenf or agents it stay desire for the purpose of repairing said premixs and renting
<br />the same and collecting [he rents, cevenues and income, and i[ may pay out of said income alt expenses of repairing said premises and rreoessxry
<br />carrtatissimu and expenses incurred in renting and managing the same and of coIkctiog rentals therefrom; the balance remainsng, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time dr'r+ ~ t}u existence of welt
<br />defatd€, sreT ~;ve of any ierape>rargy waiter of tF,e szine.
<br />T=`r~ I'ee`~ris, how~r, are neon the £onditittn, Thal if ilrg said 57ortga~wr sltal# repay said ioart as ar before the matarity of said shares by
<br />payment: pap monthly to said ASSOCIATION of the stint specified in the Itortd sernred heyday as interest and prindpal on said loan, on rrr before
<br />the Twrnticth day of earJu and every month, tntil said loan is ftrtty paid; pay aI! taxes and assessments levied against said prernaes and oa this Mort
<br />a~ the Bond secured thereby, before de!ingtsencv ftnnidt approved insurance upon the btrildiags theseoa ~ tt~ surd of S ~0 , X00. DO payable
<br />~. -' A~f~'#AT#O'~: rely to „id ASSe'IitATtON upon detrand air r:uQ:~y be it paid for suit taxes, a;sessnxnts autd irrsutanrx t~ith iatetesf n
<br />fhe maximum legal rate thereon from date of payment at1 of which Mortgagor hereby agrees to pay; permit tto waste onsnid nretnises3leep andr~taply.
<br />with aII the agzcernenis and wnditiuns of the Bond for S 50,OD0.-~~this day given by fhe said Mert~e,~r tg said A.4Sn['IATLO#x',.anll ~zy
<br />with al! the requirements of the Consiiiutian and By-Laws of said ASSOCIATION; then these presertfs shall bewntt nu[3 and void, otherwise they
<br />shat! remain in foil force and may be foreclosed at the option ~f the said ASSOCIATION after faiitue for three months to make any of
<br />payments or be three months in arrears in making said montFJy payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver apposnted forthwith in Butch foreclosure proceedings.
<br />If [bete is any change in ownership of [he real estate mortgaged herein, by Bak or otherwise, then the entire r~cr±~ utdebtedness hereby
<br />secured shall, at ilre option of The Equitable BusIding and Loan Association of Grand Island, Nebraska,become inlrrtediately due anti payable without
<br />further rtolice, acrd fhe amount remaining due under said bond, and any other bond for any additional advances made thereunder, shag, from the
<br />date of exerrase of said optic, beu interest at the rrsaxirmtm ~ rate, and thin mortgage irtay then be foreclosed to satisfy the atttouat due on said
<br />bond, and any other bond fm additions} advances, together with all wms paid by sad The Equitable Bttildittg and Loan Association of Grand [stand,
<br />Alebraska fm insurance, [axes and assessments, and abstracting extettaott charges, with interest therton, fr•.xn date of payment a? the ataximum
<br />~ rate-
<br />As provided in the Bood secured hereby, while this mortgage remains in effect the rttortgagee rmy hereafter advance additional wrm to the
<br />makers of said. Bond, their assip~ts or auccessrns in interest, which sums shag be within the security of this trtortgage the same as the funds originally
<br />secured thereby, the total amouuut of princip$I debt tmt €o exceed al any time the origimt amount of this rrmrtgage.
<br />ih~ 26 ~ ~a~.~asy of Nov~nber A. D., 19 ]9
<br />133" - g, _~ 'r ' ~
<br />_~ -~
<br />RO~'ei~iine Hfles
<br />STAT£ OF NEBRASKA, ss. f}n this 2fi day of NOVember 19 ]9 ,before me,
<br />COI11YfY OF GAEL
<br />the , a tiofaty Public in sad for said County. perwmilY carte
<br />Larry E. Noes and Ro,jeanne Hoes each in his and her own right, and as spouse of each other
<br />- _ _ _ - = - ~O are ~o~y Itnaw€t to
<br />ma to be the idtntial persons ~ ~ . 5' ~~ ark:°~ kt7ixcd rn the above instfutrunt as mortgagor S and they severally
<br />whoay,~gp~' _,,,,,..,
<br />adcrrowledged the said in~* ~ t to be :j`,~ ' vttary: aetafud deed.
<br />WI"I?'7ESS my head andrNt>t~ra#'SeaX tlse date afottsaid.
<br />My Cotmai~xt expn~ ~.~ % Q ~ ~~!~ ~ - "--' _
<br />~tbSr at - .- ~f l ~ Nota_ry Ashy
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