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<br />MOItTC:;Ar;I's _
<br />----_~ - - -- - --- ---~-_-- Molt~IGAGE Lt)AN No. L 2? ,637
<br />IUiGwAC.LMt:NBt~TIIIS~Ptt~ENTS-Tba=. Dennis Galen Keas and Lois J. Keas, each in his and her
<br />own right, and as spouse of each other
<br />Mortgagor, whether one or more, in consideration of the stao of
<br />Thirty-ong Thai and Nine Hundred and No/100-_=-----__------_--------------------DO[.LASs
<br />krarted to said mortgagor by The Equitable Balding and Loran Assw-iation of Grand Island, Nebraska, Mortgagee, upon 319 shuea of stock of
<br />said ASSOCIATION, Certificate No. L 23,637 , do hereby grant, convey and mortgage unto the said ASSOCIATION the foBotvittg
<br />described real estate, situated in HaB County, Nebraska:
<br />THE EASTERLY TEN FEET (10') OF LOT TEN (10), ALL OF LOT
<br />ELEVEN (11} AND LOT TtdELVE (12}, IN SCHROEDER'S SUBDIVISION,
<br />A PART OF 6LOCK ONE (i}, TN BROWN'S ADDITION TO THE VILLAGE
<br />OF ALDA, HALL COUNTY, NEBRASKA AtdD THE WESTERLY ONE HALF (2)
<br />OF VACATED OAK STREET ABUTTING AND ADJACENT TO LOT TWELVE (12),
<br />SCHROEDER'S SUBDIVISION AS VACATED BY ORDINANCE #55 RECORDED IN
<br />BOOK 23, PAGE 237, IN THE REGISTER OF DEEDS OFFICE, HALL COUNTY,
<br />NEBRASKA.
<br />together with all the tenements, htreditamenis and appurtenances thereunto be}onging, including attached floor coverings, all window screens,
<br />window shades, btinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pampa, stoves,
<br />refrigerators, and other fixtures and equipr.,ent now or hereafter attached to or u~d in cannec4on with said real estate.
<br />And whtreas the said mortgagor has agreed and does hereby agree that the mortgagor shad and will pay aU saxes and assessartents tevied or
<br />assessed upon said premises and upon this rnortgagc and the hood secured thereby before the sane shall became delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 31 JDQ, ,~Q payable to said ASSOCIATION and to de!sver to
<br />ASSOCIATION the policies for said insurance; and riot to commit or ptrmit -,'ray waste on oc about said prerttises;
<br />[n case of default in the performance of any of the terms and conditions of this mortgage or the band secured hereby, the mortgagee shaft,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and Income to be derived Crom the mortgaged premists during such time as the mortgage indebtedness shat' remain
<br />unpaid: and the mortgagee shalt have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and crntittg
<br />the same and collecting the rents, revenues and in~rome, and it may pay out of said income aB expenses of repairing said premises and nectaarf
<br />commissions and expenses htcurred in renting and managing the same and of collecting rentals therefrotti; the balance remain'irtg, if any, to be
<br />applied toward the discharge of said rwr[gage indebttdness; these rights of the mortgagee tray be exercistd at any tittle ditrit~ the ez;a~.~- of sttdr
<br />default,urespective of any temporary waiver of tht sarrx.
<br />Thest Presents, however, are upon the Condiiiou, That if the said Mortgagor shall repay raid [aan on or before the trtaturity of said shoes oy
<br />payment; pay monthly to said ASSOr'IATTON of tfie sum sptcified in the Band secured hereby as interest and principal on said loan, on or before
<br />tht T`wentitth day of each and t.•ery nwnth, uatit said loran is fully paid; pay alt taxes and assessments levied against said pretrtises and on this Mortgage
<br />arA thr ~>nd :`cured the€eFV; before dtli,~v::rrey; fur;.ish approved insurance upon the btivdi*t}~ ilsereon in tlta sum of S 31 , 9DD. DO payabH
<br />to said ASSOCIA'TiON: repay to Said ASSOCtATtC?Iv upon demand all money by it paid for such taxes, assessments and instuance with interest at
<br />iht rnaximum legal rata tinrean f rort :sat: ni ~yr:~nt a;; of which Martgagoz hvrthy agr~ts to pay: pera~=i nor w'astt on said p~rataies-keep and cirmply
<br />with aB ±he agreements and candiiians ot""tilt Bond for ~ 31 a 90D-, DO this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By-laws of said ASSOCIATION: then these presents shall bemme nuB and void, othetwite they
<br />shell remain in full farce and may be foreclosed at the option of the said ASSOCIATION after failure far three months to tsnlce any of said
<br />paytttents or be three months in arrears in making acid mcmthly payments, or to keep and mmp}y with the agreements and conditions of avid Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such forccfostue proceedings.
<br />If there is any cl+ange in ownership of the real estate trtortgaged herein, by sale or otherwise, then the rntire remaining indebtedness hereby
<br />secured shag, at the option of Tht Equitable Building and Loan Assa-iation of Grand Island,Neb:asks, beaotrx immedia[eiy due and payabk without
<br />further notice, and the amount remaining due under said bond, and any othec bond for any additional advances made theretmder, shag, from tht
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may tben be foreclosed to satisfy the amount due on said
<br />bond, and any other bond fat additional advances, together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest Wereon, from date of payment st the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgagt remains in effect the mortgagee may bereafter advance additional stmt: to the
<br />tnalters of said Bond, their assigns ar successors in interest, which stmt: shall be within the security of this rrxrrtgage the same as the fund3 originally
<br />secured thereby, the total amount of principal debt nai to exceed at any time the original amount of this mortgage.
<br />Dattd the 21st day of November A. D., Ig 79
<br />ti fit,.-.. ~. ,~~,~-.'~taA.
<br />Dennis Ga1,en //
<br />Lois J. Keas
<br />STATE OFNHBRASKA, $ on this 21st ~y of November Iv 79 . before ~.
<br />COUNTY OF HALL
<br />the undersigned, a Notary Public in and far said County, persomlly catrte
<br />Dennis Galen Keas and Lois J. Keas, each in his and her own right,~hand as sp~srsa,a~yktroatvnio
<br />other are
<br />-toe to be the identical person S whose name S d re afTixed to the above instrument as mortgagor S and they severally
<br />adcnowkdged the said instrument to be thel r voluntary act and decd.
<br />WITNESS my hand and Notary-I Stal the date aforesaid.
<br />My Commission expires j
<br />tazazetat II ° ~ ~~ otaryPublic
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