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<br />MOaRi'GAGE _ _
<br />~._ ~_ __ - ~ M- ^----LaAN;aa_99 L55gg2s,544
<br />IaigwALLMEN$YTIIESEPRESENTS:That Arthur. D. Bartlett an~b~ficet~.L~artiett, each in his
<br />and her own right, and as spouse of each other
<br />Mortgagor, whether one or ''rote, in considerate of the Berm of
<br />Fift~n Thousand and NoJ100------------ _-~--------------------------------------- noLCAxs
<br />loaned to said imrigagor by The Equitable Bt:ilding and Loan Associai~n of Grand inland, Nebraska, Mortgagee, upon 15D ~u« of stocY of
<br />said ASSOCIATION, Certifitxte No. L 23 Ck44 , do hereby gran., piney and mortgage tmto the said ASSOCIATION the following
<br />desaitxd 'cal estate, situated in Ilal! County', ebraska:
<br />LOT FOUR {4} IN BLOCK TWENTY SEVEN {27) Of RUSSELL Wt'EELER'S
<br />ADDITION TO THE CITY OF GRAND ISLAND HALL COUNTY, NEBRASKA
<br />Subject to prior mortgage to the mortgagee herein, in the principal amount of Twelve
<br />Thousand {$12,000.00) dated August 6, 1968.
<br />~, logeiher with all the tenetnen[s, hcreditaments and appurtenances thereunto belonging, intruding attached floor coverings, all window screens, - -
<br />w^ndaw shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water egeipment and accessories [hereta,pumps,s[oves, -
<br />' ~ refrigerators, and other fixiwes and equipment now or hereafter attached to ar used in pnne.:.ian with said real estate. -
<br />And whereas the said nwrtgagar haz agreed and does hereby agree that the mortgagor stroll and will pay all taxes and a~~*++nts Levied ar
<br />assessed upon said premiers and upon this mortgage and the bind secured thereby beforo the same shall bemrne delinquent; to ftrrrristt approved
<br />~'. arsurance upon the buildings on card premises situated-in the sum of 3 l 5 , DDD. DD payable to said ASSOCIATION amt to de{fiver io said - ~-
<br />ASSOCIATION fire policies for said insurance; and not to wmmit or permit any waste on or about said pre<ttises; -
<br />In case of default in Ehe performance of any of the terms and conditions of this mortgage or the bond secured hertby, the mortgagee shall,
<br />on demand, be emitted to immediate possession of the mvrEgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises during such [irne as the mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br />- the same and collecting I.he rents, revenues and lupine, and it may pay out oC said lupine all expanses of repairing said premises and rteamry
<br />oommisions and expenses incurred in rent:og and managing the same and of pikctiitg rentals thercfram; the balance r~++_=_ts>o, if any, to be -
<br />apptied toward the discharge of said mortgage indebtedness; these rights of the enartgagee may be exercised at any tirtx during the existence of attar
<br />- aefaui°,, irrespective of arty temporary- wrier of the sarr~_ -.
<br />i tt~ presents, however, are upnr< the Condition, That if the said Mortgagor sireiF repay sail kran on or befam tlse maturity of said shares by
<br />'payment; pay monthly to said ASSOCIATION of the stmt specified in the Bow secured hereby as interest and ptintipal an said Loan, on w before
<br />the 7~ventieth day of each end every month, 'mill said loan is fully paid; pay all taxes and assessexnts levied against said premises and on this Mort~rge - _
<br />and fill' Bond secured Thereby, before delinquency; furnish approred insurance upon the buildings thrrean in the sum ttf S 15 , D00. DD payable
<br />is sa:~ Aw~O%IA T i0 : repay fie said A;.iC~IATION upon demand all matxy by ii paid for suet; taxes, assessments and insurance with interest at
<br />~., the maximum Ecgat rate thereon from date of payment all of which Mortgagor hereby agrees Eo pay; permit no wash on said pterttises;keep and comply
<br />- _ with ail the agreements and caredetits(rs of the Bond fur S 15 ~ QQO , QQ this day_ given by the said Mortgagor ro said ASSOCIATION, and comply _ _ -_
<br />with all the requirements of ihr Constitution and $y-haws of said ASSOCIATION; then these presents shall become nttlf and rota, otherwise they
<br />shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after faihue for three rtwuths to make any of said
<br />paytuen[s ar be three rnonths in arrears in malting said monthly payments, ar to keep and comply with the age«ments and contitions of said Boos;
<br />and Mortgagor agrees to have a retxiver appointed CorthwiW in sorb foreclosure proceedings. -
<br />If there is any change in ovmersitip of the real estate mortgaged herein, by sale or atleerwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Betilding and Loan Association of Grano Island, Nebraska, bepme intnrediattly due and payable without
<br />ftuther notice, aid 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 ibis mortgage may then be foredosrd to asiisfy the amount due on said -
<br />boad, and any other bond far additional advances, together with all sums paid by said The Equitable Budding and Loan Association of Grand Island,
<br />Nebraska for insurantx, [aces and ~---^~nts, and abstracting exiensiort cituges, with interest thereon, fmm date of payment at the maximum
<br />legal rate. -
<br />As provided in ihr itrmd secured hereby, while this mortgage rernains in effect the mortgagee may hereafEet advance addi[mna! stints to the
<br />makers of said Band, their assigns or serctxssars in interest, which stuns shaA be within the security of this mortgage the same as [he fiords originally
<br />- secured thereby, the total amotmi of prirrcipal dcbi trot to exceed at any tirrte rht original ar~ttmt of this mortgage.
<br />tea thjs 29th day of November A. o., 19 79
<br />r -tl: rt3 tt
<br />-Alice L. Bartlett
<br />srATE ol+ NEBitA3lCA, ~ as_ On thrs 29th ~r ~' November t9 79 . befitrc me,
<br />coll,*f,~ aF IIAI1.
<br />- the undersigned, a Nataty public et and for saw County, prnsottaBy pine
<br />Arthur D, Bartlett and Alice t_, Bartlett,-each in his and her own ~~qht, and ~I~sot~Y~a'irnta
<br />of. each-other are
<br />me to be the itkntical person 5 whose names are af&xed to the above ' t as mortgagor g and they ~rvlY
<br />. acknowledged the said instmrnent to ba thei'r voluntary act and deed. ) ~% ~/ ~'~
<br />VtITNESS my hand anti Nataiiai Seal the date afaresaid_ _ j '~ 'l/
<br />f ~`f
<br />My Cam.;.iss~i ex~sp ~
<br />- ~' v0-tJ ~~ Notary Public
<br />taa&zaa ai
<br />/ ~ ' f ~~~ DENft{AL NOTar• -State ai Nebraska
<br />JAMES N~. Ol.SON
<br />Aly Comm. Erp. Nov. 12, I9B3
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