|
$0- ~~14224
<br />l60RTGAGE _
<br />~R2GAOp IRAN ~. L 23,751
<br />KN°w'-t1.MFxae'TTIFSEFRFSBxrs;TTm Ada i. Atkinson, a single person
<br />Mwfpgsr. vrhehrr gee ce tme,ie cooadetmoa c* iheaard
<br />Eight Thousand and No/100--------------------------------------------------------- r,rvr.avr
<br />loaned to said mortggor by The Equitable Btrildirtg and loan Aesotiatron of C,a>ad ldard, Nebndra, Mortgages, upon - - 80 share of>martc of
<br />aid ASSOCIATTON, Certiftatt No. L 23 , 751 , do hcseby Bart, mosey a~ morfyge tsttto the said ASSOCIATTON the fogowirg
<br />tteaihed rei estate, situated in Hall County. Nebraska:
<br />LOT EIGHT (8) IN BLOCK ELEVEN (11) IN
<br />PACKER AND BARR'S ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />fogether with all the lcnements, hereditaments and appurtenances thereunto bebngirtg, including attatlttd naor roverittgs, all window scrcenz.
<br />window shades, blinds, storm windows. awnings, heating, a'v ronditionirtg,artd plumbing and water equiptnent and accessories [hercfo,putrtps,stoves,
<br />refri~rators, and other fixtures and equipment now or herpfter attachW W or used in connection with said real estate.
<br />And whereas the said rrmrtgigor has agreed and does hercby agree that the mortgagm shall and will pay all taxes and asscn>mnu levied or
<br />assessed upoo said premises and upon this mortgage and the bond seared thereby before the same shall become delinquent; [o famish approeed
<br />imtuance upon the buildings on said prerrtises situated in the sum off 8, OOO.OO payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the polities for said instuance; and not to commit or permit any waste on or about said premises:
<br />!n case of default in the performance of any u(the terms and anditions of this tnoctgage or the bond secured hereby, the mortgages shall,
<br />nn demand, he entitled to immediate ]x,ssemon of the mortgaged premises and the mortgagor hercby assigns, transfers amt sets oter to [he
<br />mono~a.P ail tf>c mots, revenues and inwmc to he derived from the mortgaged premises during such time as the mortgage indeh[tdmsv shah remain
<br />unpaid; and the mortgagee shah have the power to appoint any agent or agents it cosy dtsirc f zr the purpose of repairing said premises attd ren[irtg
<br />the sarm and collecting the rent, revenues and income, and it may pay out of rani income all expenses of repairing said prcr[tisee altd necemry
<br />cotn^~ ~ and expenss incurred in renting amt InanagnB the sarne and of coBeciittg rentals therefrom; the bJantx rettmuting, il any, to be
<br />applkd towed [he discharge of said rttortgagX indebtedness: these rights of the mortgagee may be exercised a! any time during the exislentx of such
<br />defauii, irrespective of any Lemporary waiver of Lire same.
<br />7fitse l'mrents, however, are upon the Condition, 75ut if rite said Mortgagor shall repay aid loan on or before the maturity of said shares by
<br />payment; pay mon[h;y to said ASSOCIATION of the sum specified in the Bond seared hereby as interest and prinapsl on said loan, on or before
<br />the'f Wentieth day of loch and every month, until said loan is fully paid; pay all taxes and assessments levied a~inat said premixs end on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thtreon in the sum of S 8 , OOO. OO payable
<br />to aid ASSOCIATION; [epay to said ASSOCIATION upon demand all rta,ncy by i[ paid for such taxes, asssmnen[s and insurance with interest at
<br />the maximum Itgal rate thereon from date of payment all of which Mortgagor htreby agreez to pay; permit no waste un said promises: ktep and amply
<br />with all the agruments and conditions of the Bond for S 8 , OOO.OO this day given by the said Mortgagor to aid ASSOCIATION, and comply
<br />with all the rtgtti[emenls of the Constitution and By-Laws of said ASSOCIATON; then [base prexn[s shall become null and void, o[herwiae they
<br />shah remain in fuB force and logy be !'nredosed at the option of the said ASSOCIATION after (ailtue for three months [o make any of said
<br />paytrtents or be Ihrce months in arrears in making aid monthly paYrnents, or to keep and comply with flit agrcements and ronditiom o(said Bond;
<br />and Mortgagor agrces to have a receiver appointed forthwith in such (ortclostue proceedings.
<br />If them is any chatlge in ownership aC the real estate ntortgtged heron, by ale or otherwise, [hen the entire remaining indebtedness hereby
<br />secured slug, at the opton of 7'he liquitabk Budtlieg and l.mrt Association of Craod Island,Nebraska, become imntedistely due and payable without
<br />further twtice, and the anaaunt remaining due under said bond, and any uthtr bond for any additional advances Rude thercmder, shall, from the
<br />date of ezercce o(aaid optfon, bear intmeat at the rnaximuln legal rate, and this mortgage troy then be foreclosed to atisfy the amount due on said
<br />bond,and any other bond for additions! advances, together with aB satin paid by said The Equitable Budding and Loss Aasotistion of Grand island,
<br />Nebraska for insurance, [axes and assessments, and abstracting extension charges, with intttest thermn, from date of payment at the tnsximtun
<br />legal rate.
<br />As provided in the Bond seared hereby, while this mortgage remains m effect the rta,rtgagce cosy hereafter advance additional sums to the
<br />nrksn of said Bond, thew assipts or suuxaors b inrcrest, which stuns shall be within the security of this mortgage the satire as the tondo originally
<br />secuued themby, the tool attwunt of principal de61 not to exceed at any rims tht original amount of this mortgage.
<br />Dates this 12th daya(4 August A. o., 19 80
<br />~~z ~ ~~~~~a~
<br />Ada I. Atkinson
<br />STATE OF NEBRASKA, s tM this 11th day of August 19 8O ,before rate,
<br />COONIY OF HALL
<br />the wtderaigted, a Noury Pubtit in and Car said County, pereooaBy came
<br />Ada I. Atkinson, a single person who is
<br />pe[sonslly known to
<br />me to be the identical petwn whose stoma 1 S affiztd to the atwve lost accent ss ortgagot and 5 h e ~btk)iKyt(
<br />atknowkdged the said instrument to be her voluntarv act and deed. ~
<br />t41TNFSS my bawl and Notarial Seat the date afo:colts. ~''~ .,
<br />My Comatsson xx h~ ~:~~,q-~ ~~-? ~
<br />f=L.€:.~t at;Ta=r - star. at xabra,ta _ -'7~ ""%''`/y_ ~/,~/. __ -•-,.kL~ Yr
<br />JOY M. BEA2LEY //J ~ ~~~/ /
<br />ItNBLa al ?4f ~- -
<br />Y~~ y1~5g MY Comm. FxP. ~DL 1,1981 ~ ~ ~
<br />
|