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<br />MORTf;AGL~
<br />-- -- --- MORTt;AC,'£LOANNO. ~- 23,622
<br />KNOW ALLA4ENBYTHESEPRESENTS:Thst James R. Bigley, a single person
<br />Mortgagor, whether one or more, in corisideratmn ur the sum of
<br />Thirty-three Thousand Two Hundred and No/1Q0-------------------------------------- ooLLARs
<br />loaned to said mortgagor by The Fyuitable $udding and Loan Association of Crand Island, Nebraska, Mortgagee, upon 332 shares of stork of
<br />said ASSOCIATION, Certificate No. L 23,622 , do hereby grant, convey and mortgage tmto the said ASSOCIATION the fo$owing
<br />described real estate, situated in Half County, Nebraska:
<br />LOT ONE (1) IN BLOCK TWO (2) PLEASANT VIEW SEVENTH SUBDIVISION
<br />TO THE CITY OF GRAND ISLAND, NEBRASKA.
<br />together with all the tenenrents, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />window shades, binds, storm windows, awnings, heating, air conditioning, and plumbing and waterequipment and accessories thereto,pumps,stoves,
<br />refrigerators, and other f fixtures and equipment now or hereafter attached to or used m cronnection with said real estate.
<br />And whereas the said mortgagor has agrced and dues hereby agree that the r-rortgagor -hall and will pay all taxes and asxssments levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent: to furnish approved
<br />insurance upon Lhe buildings on said premises situated in the sum of 5 33 , 200. OO payable to said ASSOCIATION and to deliver to slid
<br />ASSOClAT10N the policies far said insurance; and not to commit ar permit any wastr nn 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, fhe mortgagce shaII,
<br />on demand, be entitled to immediate possession of the rriortgaged premises and the ittortgagor hereby assigns, transfers and sits over to the
<br />mortgagee all the rents, revenues and income to be derived from the raor[gaged premises during such tirm as [he mortgage indtbtcdneas shag 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 the rents, revenues and inwme, and it may pay out of said income all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the same and of co$ecting rentals therefrom; the balance remaining, if any, to Fe
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagce may be exercised at any time dtuiog the existence of std
<br />default, irrespective of any temporary waiver of the same.
<br />These Presents, however, are upon the Condition, That if the said Mortgagor she!! repay said town on or before tht maturity of said shares by
<br />payment; pay monthly ro said ASSSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan, on or before -
<br />the Twentieth day of each and eery manib, until said loan is :ally paid; pay zli taxes and assessments levied against said premiers and an tltis,t4orYgtgt
<br />sled the Bond cured thereby, bfrore delinquency: feunish approved insurance upon the buildings thereon in the aural o$ 3 33 , 200. DO ~yablr - _ - -
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by ii paid for such taxes, assessments and insurance with interest at -
<br />the maximum fegat rate ~herrtn from date of payment aL of v: bleb Mortgagor hereby agrees to pap; pe:snii rte wash on said premier s' keep sled comply -
<br />_ - --with all the agreerttents and renditions of the Band for ? 33 , 200, OOthis day given by Lire said Mortgagor to said ASSOCIATION, and ootnply _ -- -- - -
<br />tvith alt the requirements of rite Constitution and By-Laws of said ASSOCIATION; then these presents shag become Wulf and wid, otherwise they
<br />shall remain in lull forr_e and may be foreclosed a1 the option of the said ASSOCIATION after failure for three months to make any of said
<br />payments or be three months in arcears in making said monthly payrtients, or to keep and Comply with the agrcements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any change in ownership of the rea{ estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shag, at the option of The Equitable Building and Loan Association of Grand Island, Nebraska,bewme immediately due and payable without
<br />further notice, and the amount remaining due under said bond, and any other bond for any additions[ advances made thereunder, shall, from tore
<br />date of exercise of seed option, bear interest at the rriaximum legal rate., and this mortgage may then be foreclosed to satisfy the aaroimt due on said
<br />bond,and any other bond for additional advances, together with all sums paid by said The Equitable Btit7ding and Loan Association of Grand [shad,
<br />Nebraska for insurance, taxes and assessments, sad abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains m effect the mortgagee may hereafter advance additional sutras to the
<br />makers of said Bond, their assigns or successors in interest, which sutras shat! be within the security of this mortgage the same as the ftmds originally
<br />secured thereby, the !Dial amount of principal debt not to exceed at any lane the original amount of this mortgage.
<br />Dates this 15t day ar November a. n., 19 79
<br />~~
<br />~i~lles R, Big ey~,t
<br />SPATE OF NEBRASKA, a (hi this day of November 19 79 ,before tttc,
<br />C(?LINTY OF HALL 15tI1
<br />the undersigned, a Notary Pubisc in and for said County, persottaBypvte
<br />James R. Bigley, a single person jjw,ha is pcrsonallyknawnta
<br />rtie to be the identical person whose name i S affixed to the above instrument as mortgagor and he
<br />acknowledged the said inafrutnent to be h j g voluntary act and dad.
<br />WITNESS my hand and Notarial Seal the date aforesaid. • ~ - -
<br />s
<br />My Comnitsvon expires 1
<br />~~ 6tdr ~ 'e a ta' '` 5 j ~ .~- -~''` Tiotary'~ubitC ,'
<br />iaassxt at ~ ~ ~ ~
<br />tom'.
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