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<br />MORTGAGE
<br />~~i~ ~t~~entatre ~it~e~~eti~, That ...____fI.RST.CHRISTIAN.-CHIiRCfi.x_by?..-L.i.lidt~---------- ............... '
<br />McKiernan-Allen, Ruby Lee and Francis D. Kirkpatrick, i-ts Ca-Minister, Board President-.-
<br />. ........ ....._.. .......... ....
<br />end Chairman of Stewardship &_finance, respectiveTy,_....-......_.-..._ ..............._..................._......----..-...........--..-....
<br />...._Count N
<br />hIORTGAGE AND LYARRANT to ROAR7) OF CFILRCH ERTF 6RA'S.KA...... _. . ....._.. .. __ ----....___.___._..._........._._...-.-----.
<br />9N' OF DISCIPI,F,S OF CHRIST, a corporation organized
<br />under the laws of the State of Indiana, of :clarion Count •, in the State of Indiana, the following described REAL ESTATE sit-
<br />uated in............HALL ...................._.Cnunty, in the state of............NEBRASKA..... ....._._......---..to-w•it:
<br />AlT of Block Two (2) in Cunningham Subdivision, An Addition to the
<br />City of brand Island, Hall County> Nebraska
<br />;tit secttre tltp payment, when the same shalt beronte t'lue, vf..--_.-a.._...-.~..pramissury note....... .., executed by the \ivrtgagar and.
<br />d!2}te3 _ .....~.~~.~...-, namely,
<br />Note.. for~.~S,QQ.~.,.Q.p. bearing tntet•est from said date at tht rate uf.LDlr,.-.per anmsm and being pn}aolt in install-
<br />nat less than 15 nor more than 45 dais foliowin~ advancement of loan f nds
<br />~ nrents of at le#ESt ~. ~G~..-DO-per m=ntth .ai<i pp}m~nts hegirinin}l~vpplbp(}~Xt1p711(' fU?lllEfid~fQ6701tXS6Iif~JC~A47tl~~t%~4~!"
<br />~ ~ akt96Jt1d?~pte~ said pa'prnc'nts to cover both principal and rntcresC, the balance a: prine,ipai and interest being due and'' pay,
<br />able in fullunorbefore..........fl-V2.--,t-5)..y-e<dY'S...fCLllll..Sald..date .... .. _ __ ..............___-----.. .....
<br />[he paylmenta hfore..xid tGl hrr paac;ibir U, the order „i iixci 3lortt,?t;+t E3 ps , of Church 1•~tcn r ?2' Bs +plr, at~i:tt t xt atsot°nee,
<br />3k!U ..+rc~th Lkownev A e nu+ ~. Inc{- z r- } 1,=. - , 1 ~`rgt. - - -t: ;arc ,* ut -- M~:: ~ ~••€ v destg€:a k'r t,<r ltngF ~, -
<br />a~r€1 ~paysnerta L~ "t-~ a p+ e I- ltr~= ± , pa-y ine ' trr-i->t }~ ~ :,d th t ~=i.trt r+ sot is +V?r nt^[ttctLa9 th„ amoune txf prsn+<ipal upon __
<br />which interest in to be }sau9 to oe sd).tsted each ntenth; that r ~, the ,a,p~ balat,ze f ps;rr pal a~- the hegisning of esc~ €nont^ -
<br />shafl 6e the principal upon which mtESest :;halt be peal Cor the following month. Fadute [u pay any snstallment of said note when
<br />due shall bring the unpaid balane•e of said note due and coliertible ut rise option of the 1lurtgagee. -
<br />This mortgage shall also curer any udditiur.al ach•ances made by the Aiortga gee to the Mortgagor at the option of the Mort-
<br />gagee, but in nu event Shull the amount ad?;utred esrced the m•iginal amount of this mortgage.
<br />The Mortgagor express)}• agrees to {,ay the sums ut" money abuso secured, without relief from enluutiun or appraisement laws,
<br />and t.^ith attorney's free, and upon failure to }?:p^ any 7,art of thr nwrtgag+• debt, Ps inripul or interest, then all of the mort~ga
<br />debt i>z nt the eptwn of the Jiertgagee in bet•on?e due .md cu1lectif,Ie q:nd this n?ortgagga may k>P forec•{osed aecurclingly. It is
<br />'further agreed that on tht faihrre of the r~iurtgagor to pa}• srt}= ur .dl c+f E1te nuartgnge det?t as it becomes due, and shunld suit i?e
<br />insritv.ted Ea foreclose said mortgage, then the llurtgagee will be entitCed w the pussessi<;nt, rents and pruflts of saint r~a2 caake
<br />fr»m rho time of such default. Said rents to br applied upon said mnrt~„ay;c debt, less rusts uud expenses, S any, i.t is CwKhrr
<br />expre;tsly agreed thnf, uneil uli of snid morlP,uge debt shall be paid, sapcl blartgagor shall iieop n11 legal tuxes, assessments and
<br />ehargl'.a against snid premises paid as thr same brcomr due, and shall 1ttr~? the building them+x'ar insured by such insurarree company
<br />or companies as shall be npproced by the ~lortgugue, Con thc• baneht oC }se- ~lurtµagee, as las interest may appear, to Lho amount
<br />i}}yys 'full insurable value but not Tess than
<br />of+~,..,~aJ-,.(j~Q,.QQ.and failing to do so, :aid :clortgagea may pay said tfx„aes ut insurance, and thr amount so paid. with five par
<br />;cent interest thereon, shall be a part nt the debt secured by this mortgage.
<br />The Mortgagor agrees not to ineut• llrrtirer inclel?trdness, dared +ir indirect, exe~`rt upc!n the express written consent of the - -
<br />i9fortgagoe end further agroes nut to sell, transfc+r or ersr•umher any re:t'sty now owned tsy the church including the alwvo described
<br />property duritig the life of this instrument without written e(liisent ut the ilart}}agee.
<br />At legally called meetings, the terms of the loan evidenced by t}uis instrument were read to and approved by the uffleial
<br />board of the .church on..-..~,td.~rk~anft~:k4 l d'., 19.7.x,.; anel the eongrtlgation an. m~`t:l. ~lti....., 19:~.rt.., such approval being
<br />'evidenced Dy properly drawn resolutions rocorded in the otr?cial minutes o the o~bontvi and congregation, respectively.
<br />_ _ ~ ~ ~ ~k.,:~... , /~,•taa4G;,,,~C4:i».:s..+ol.n~l+ vR'jdM~..j M^*'t
<br />This is W certify that the undersi ed are the dal eleetetl and qualified of ...................^
<br />a ~ .. ~ ~' 2 Vo [~ Gt.+ i it ' n
<br />~~~laae^t:~F..~o~~~~..~ ..............................................................................................................and, na such, on the.t.~~w".trx>^^.~.~••4..j~.....
<br />day of...-..„-„~,,.,, 29x.., at a properly called kneeling of the congregation, and by a majority rote of those present were duly auth-
<br />orsaed to execute this mortgage and the note of even date which it secures.
<br />acs sae
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