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<br />MORTGAGE _ __
<br />MOftTt',rtGE LOAN NO. _, ~ 23,645
<br />IavowAt.f.MEN$rTlissEPI~FSENTS:T$at Dwight D. Roland and Ethel F. Roland, each in his and
<br />her own right, and as spouse of each other
<br />Mortgagor, whether one ar more, in wrisidetation of the actin of
<br />Twenty-two Thousand Kine Hundred and No/lflfl------------------------- ~ ----------- ooLLAxs
<br />laarted to said mortgagor by The Equitable Nuilding and Iatarr Association off=rend Island, Nebraska, Mortgagee, u a 229 shares of staJc of
<br />said ASSOCIATION, Certificate No. 1, 23,645 , do hereby grant, wnvey and mortgage unto the said ASSOCIATION the folbwing
<br />described real eskate, situated in ball County, Nebraska:
<br />LOT FOUR (4), IN FRACTIONAL BLOCK THIRTY-EIGHT (38), IN CHARLES WASMER's
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />together with all the tenements, hercditatnents and appwtenances ihet~runto beianging, including attached fliwr wverings, all window screens,
<br />window shades, blinds. storm windows, awnings, heating, air atnditianing,and plumbing and water equipment and accessories thereto, pumps,stoves,
<br />refrigerators, and other fixtures and rquipnuni new or hereafter attached to ar used nz ct~nrteciion with said real estate-
<br />And whereas the said mortgagor has agreed and dons hereby agar that the mortgagor s;.al! and will pay all taxes and assessments levied or
<br />as~ssed upon said prrmi~s and upon this monfagr and itrc band secured thereby before the same shall became delinquent; to furrrich approved
<br />insurance upon the buildings on said premises situated-in the sum of S 22 , 9Q0. flD payable [a aid ASSOCIATION and to deliver io said
<br />ASSOCIATION the paticies for said insurance: and net to commit or permit any waste <m or about aid premises;
<br />In case of default in the pent"ormaricr of any oC the terms and wndiiions of this mortgage or the band secured hereby, the tttortgagee shag,
<br />on demand, be entitled to immediate posse~on of zhe rnurtgage~1 prctmses and the mortgagor hereby assigns, transfers and sets over to tlx
<br />mortgagee all the rents, revenues and inwrnr is be derived Crom the mortgaged promises during such time as the mortgage indebtedness shill rcnuirt
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may delve far the purpose of repairing said prcmiaes and renting
<br />the same and wBecting the rents, revenues and income, and h rosy pay nut of said inwme all expenses uC repairing said premises artd necessary
<br />commissions and expenses incurred in renting suet ntanagirtq ttx saute :utd oC wllecting rentals therofrom; the balance remaiEing, ff any. [a be
<br />applied toward the discharge of said mortgage indrbtednrss: these rigFtis of the mortgagee may be exercised at any time dating the existence of such
<br />- default, irrespective of env terrgtarary wairfir of ihr arrx.
<br />These Presents, fiowevtr, art upon. tl>= f trndirian, Ttsar it the said Mortgagor shall repay sa;d kwn on or before the maturity ox` said shares $y
<br />payment; pay rruuuhly to said A.fiSt)t:lA;lON of the sum specified in the Band secured hereby as interest and prinapal on said loan, an nr before
<br />the Twentieth day of each and every trtunth, until said lean is fully paid; pay all taxes and assessments levied against said premises and on this Mortgage
<br />acid the Band sirct[rrd thereby, before ifrlingtaetreY ftitrrish approvtd insurance upon the btildings therraa in the sum of $ 22 ,9Dfl, QQ payable
<br />fa said A.S'l.`iiGinlf3N; rrl~Y :u s,id A~szr€:IT`.t)A ups:: demand all n:arirY by iz paid for lath tax ~, assesstttenis and inrxsrarwe wick interest ae
<br />the maximum le¢al. rain [hereon tram date aI pa_ytnent a8 oC which Martg,~igar hereby agrees to pay; permit no waste on raid premises; keep and mmp1Y
<br />w~h alt the a~rremrnt a;ad wndrr.uns zsf ihx Nnrtd far 3 2? 9flQ. Q(]- this day liven by the said Mortgagor iq said AS,COCIAT'It?N, and oompiy.
<br />with ail the requaerrxnrs of the Crnisiituiian and By-Laws of{said ASSOCIATION; then these prrsrnts shall $ewntn nut and void, oi$rrwisr tttrY
<br />shall remain is full ti>rt:e and ntay br foreclosed at the option of [he sand ASSOCIATION after failure fu[ three months to make any of said
<br />payments or be three trronihs in arrears m making aid moruhiy payments, ur to keep and comply with the agrermems and cumiitions of said Nand;
<br />and Mortgagor agrees to hove a receiver appointed forihwuh in suc:it Careclestire proceedings.
<br />If them is any change in uwturship o(the real estate mortgaged herein, by sale or otherwise, then the entire rernairting indebtednea hereby
<br />secured shall, at the option of Thr iEquitable building and Laan Assauatian of Grand Island,Nebroska,bewtix immedia[ety due and paya$k without
<br />further notice, and ttx amount rcmaimng due under said bond, and any other lwnd for any additional advances nude thereunder, sha8, frtwrt the
<br />dale of exercise of said option, bray interest at cite maximum legal rate, amt this mcxtgagc vtay then be foreclosed to satisfy the arrroYnt due an said
<br />$and, and any other Iwnd for additional advances, [ogetlter with a8 sutra paid by said The Equitable Nuilding and Lawn Assue:iation of Grand Island,
<br />Nebraska for irrsuranrx, taxes and assessrrreuts, and abstracting rxiensian charges, with interest thereon, from date oC payment at the truixuaum
<br />legal rate.
<br />Aa provided in the &md secured hereby, while [his nwrtgage remauts in effect the ttwrtgrrgar rosy hereafter advanm addIIrorud tutus to the
<br />n~kcrs of said &md, their assigns ar successors in interrst, which sums shall be within the see:urity al this rnwtga$r the same as the funds urigitudly
<br />seurted tlicrrby, the total avuwnt of prineipat debt test io ;°xc~rd at any tune the origirml arttaunt eat this stmttgage_
<br />` fated this 3 th day of November A. n-. In 74
<br />Ethel F. Rcsland
<br />STATE 4FNEHRASKA'~ ss. On this 30th daYaf November I`j79 ,bcfarc~,
<br />COUNTY OF HALL
<br />the undersigned, a NuWry Public itt and fw said Caunry, pcrsrutally sxitre
<br />Dwight D. Roland and Ethel F. Roland, each in his and her own righ~,~and as s~p°xtsn~ykiwwRtu
<br />otitler are
<br />mG to be the klentii~l person S whose name S are affexed to [Ile above ityt<srunie`nt as nwrtgagar S and they sevrcnQy
<br />ar9crtowiedged the aid instrument to be thQi r voluntary set and decd- .~'"~ ~/'`
<br />wITNF,55 my hand a[rd Notarial Sial t$rt date aforesaid. ~/ '~" /~~f l
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<br />MY r'ammiuion expires '' ~~~~~' ~ ~' ~ ~~
<br />r~ -.... -..... ~toraty Pttbti`
<br />aat(LaM Rr ~GbriERAt NUTARY•Sfa,E tl NeGrasAs
<br />JAMES :N. QLSC}N t
<br />e?y Ca^. Ex~Yov. 12. 1y8~_~
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