SQ-- X304403
<br />MORTGAGE
<br />MORTGAGE LAAN NO. L 23,757
<br />(OJOW A[.LMEN BY THESE PRESENTS: That Harley L. Thomas and Yvonne S. Thomas, each in his
<br />and her own right and as spouse of each other,
<br />Mortgagor, whetlser one or more, in N~naidCtitioo oFthe Nm ~
<br />Fif}~_fiva Thn«cand and No/700---------------------------------------------------- ~~~
<br />locoed to said mortgagor by The Equitable Building and I.om Assoctation of Crand Island, Nebrvka, Mort gee, sspon 550 abases of undc of
<br />said ASSOCIATION, Certifinte Nn- L 23,757 , do hereby gent, wrsvey and mortgage unto the said ASSOCIATION the foBota6g
<br />tiescrsbed rnl tttate, situated in Hall Catmiy, Nebraska:
<br />LOT SEVENTEEN (17) EAGLEWOOD ACRES SUBDIVISION,
<br />HALL COUNTY, NEBRASKA.
<br />together with ail the tenements, hereditamen[s and appurtenances [hereunto belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories [htrom, pumps, stoves,
<br />refrigerators, and other factures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shalt and will pay all [axes and assessments Itvied oz
<br />assessed upon said premises and upon this mortgage and the bond secured thereby bef'ort tht sarsx shalt bemme delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated-in the sum of S 55 , ~D~.O~ payable [u said ASSOCIATEON and to deliver to said
<br />ASSOOIATION [he policies fur said insurance; and not to commit ar permit any waste an or about said premises;
<br />In cast of default in the performance of any of the terms and conditions of ttvs trwngage or [he twnd secured hereby, the mortgagee shall,
<br />on demand, be entitled Rr immediate possession of the morgaged premises and the nwrtgagor hereby assigns, «ansfers and sets over [o the
<br />mortgages all tht rents, revenuce and inmme to be dtrived from the mortgaged premises during such tine as the mortgage indebtedness shall rerrsain
<br />unpaid: and the mortgagee shall have the power to appoint any agent ar agents it may desvc tar the purpose of repaving said premises and rrntissg
<br />the same and mBecting the rents, rnvenurs and inrnme, and it may pay trot of said income all ez~nses of repairirsg said prcrnises and necessary
<br />wmmissions and expenses incurred in renting and managing [he same and of collcc[ing rentals therefrom; the balance remaining, if any, [o be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee Wray be exerdud at any tune during the txistena of such
<br />default, irrespective of any temporary waiver of the carne.
<br />Theca Presents, huweveq art upon the Cunditian,'fhat d'the said Mortgagor shat) repay said loan on or hefare [he nsatmily of s-sid slsares by
<br />payrtsenl; pay monthly to said ASSOCIATION of the sum specified in the Bond u:cured hereby as interest and principal can raid loan, can or before
<br />the Twentieth day of each and every month, until said loan v fully paid; pay all taxes and assessments levied against raid premises and on [his Mottgage
<br />and the Bernd secured tl¢reby, before dehnqucnry; famish approved inwrance upon the buildings thereon N the sum uC 155, DDD. DO payable
<br />to said ASSOCIATION; repay to said ASSOIl1AT10N upon demand all money by i[ paid for such taxes, assessments and insurance with interest at
<br />the msueimum legal rate thereon from date at payrtxn[ all of which Mortgagor hereby agrees to pay: permit no waste on said promises; keep and comply
<br />wish aB the agrrsmcnts and canditimts of the Fiond fur 5 55,DDD. DD this day given by the said Mortgagor [u said ASSOCIATION, and comply
<br />with all the requvemenls at the ConsG[ution and By-Laws of said ASSOCIATION; then [here presents slsaB become nuB and void, otherwise they
<br />shall remain in fuB fore and may be foreclosed at the option of the said ASS(X;IAl70N alter failure for three months la make any of said
<br />payments car be three momhs in arroar> in making said ttronthly paymrn[s, or to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foredusurc pmextdinga.
<br />If there is any change in ownership of Ilse sea! essate mortgaged herein, by sale car otherwise, [hrn [he entire remaining indeb[edrsexs hereby
<br />secured shag, at lire option u(7he l:quitabk Building and Lunn Aesuriation of Grand Island,Nebraska, become imnsediatcly due and payable without
<br />further notice, and the amount rrmairvng due ursder said bond, and any other bond for any additional advances made thercmder, shall, from the
<br />date of exereve o(seid option, beer interest at the rtsaximtsm legal ate, and this nrortyagt nsay then be foredostd to satisfy the ntrrosmt due on said
<br />bond, and any other bond (or additional advances, togethee with all sutras paid by said The Equitable Building and Loan Association of C.rand Island,
<br />Nebraska fur insurance, taxes and sssessrssents, amt abstracting extension charges, with interest thereon, from date of payment at the maximwn
<br />regal rate.
<br />As pmvidirl in the &md secured hereby, while this mortgage rensains in effect the mortgage may herea[ter advance additional stuns to the
<br />makers cal' said Bond, thtir assigns or suuessurs in vuercst, which xurns shall be within the security of this mortgtsge the sense as the funds originally
<br />sxurat themby, the total arsrounl cat principal debt not to excetrl at any time the original amount M'this mortgage.
<br />oatw Chia 14th r August :~. o., le 80
<br />ey ~~r.-=y/
<br />one otnas
<br />STATE OF NEBRASKA, ~ on tnia 14th dayar August lq 80 ,before rot,
<br />COUNTY OE HALL
<br />the undersigned, a Notary Public in and for sssid Cowdy, personally came
<br />Harley L. Thomas and Yvonne S. Thomas,
<br />each in his and her own right and as spouse of each other, was are parwnally known to
<br />me Vo be tN idrntint person S whose narrses are affixed to the above instrument gx-mgsrtgegur S and they sevnrnlly
<br />adtnowkdged the said im[roroen! to be their voluntary aU and deed.
<br />lt'iTNESS my hand and Notarial Seal the date aforesaid. ~.
<br />MY Comnsissiur. cxpvts ~ - ~~ -
<br />: _ -
<br />6EMERRL NOTANY ~ State o/ Nebraska r,- ~ ~ N Pu c
<br />soseata xs JOY M. BEAZLEY
<br />My Comm. fxp. Snpt. 1, 19gt
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