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ao-:~o4s~4 <br />MORTGAGE <br />MORTGAGE LOAN NO- L <br />IOdow ALL MEN BY THESE PRESENTS: That David R. Al wood and Cynthia A. Atwood, each in his an(1 <br />her own right, and as spouse of each other <br />MostgaBtx, whether one or strose, m woavddatiae otibe win of -. <br />Forty-eight Thousand Seven Hundred and No/100--------------------------------------noLi:~f <br />basted to said rnorlgagor by The Equihhle Budding creed Lunn Assocation oCCrand Island, Nebraska, Mortgagee, upm 4B7 sfiarmaf stork-of <br />sail ASSOCIATION, Certifinte No. L23, 766 , do hereby gone, convey sod mortgage auto tot attid ASSOCIATION the tomwmg. <br />described real estate, situated N Ha6 County, Nebraska: <br />LOT TWENTY-ONE (21) IN BLOCK ONE (1) <br />IN SOUTHERN ACRES ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />together with a6 the tenements, hereditaments and appurtenances [hereunto belonging, including attached Baor wverings,. all window screens, <br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing a»d water equipment and accessories thereto, pumps, stoves, <br />refrigerators, and other tortures and equipment now or hereafter attached to or used in connection with said real estate. <br />And whereu iht said mortgagor has agreed and does hereby agree [hat the mortgagor shall and will pay all taxes and assemrrcnts kvkd or <br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shag becor,K delinquent; to furnish approved <br />insurance upon the buildings on said prendscs situated in dte sum of $ Q$ , 7OO , OO payable to said ASSOCIATION and to deBver to said <br />ASSUCIATION the policies i'or said insurance; and not ro wmmii or permit any waste on or about said prerrdsts: <br />in case of default in the performance of any of the terms and conditions uC this mortgage or the bond secured hereby, the rtaortgagee shah, <br />un demand, be entitled W immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the <br />mortgagee all the rents, revenues and imm~te to be derived from [he mortgaged premises during such time az the mortgage indebtedness shag remsut <br />unpaid; and the mortgagee shall have the power to appoint any agent ar agents it nuy desire (nr the purpose of rcpairirtg sail promises asut renting <br />the :arras end collecting the rents, revenues end income, and it may pay out of said income all expenses o£ repairing said premiss srxi netzmry <br />wmmissions and expenus incmted in renting r 1d managing tht sauce: and of collecting rentals Iherefmm; the balance rtmahting, if My, io be <br />applied toward tfit discharge of said mortgage indebtedneu: rhea rights of the mortgagee may be exercised at anY time dining the txistenK of xauls <br />default, irrespective of any temptanry waiver of the same. <br />These Presents, however, are upon the Condilion,'fhat it the xatd Mortgagor shall repay said loan on w before the rmtmily of said shires by <br />payment; pxy mtmthly [u acid ASSOCIATION of the sum specified in she Lbnd secured hereby as interest and principal on said loan, on or before <br />the 7Wentielhday of each and every month, until said loan is fully paid; pay all taxes and assessments levied against said premiss and on this Mortgage <br />and the Bond seemed thereby, before delinquency; furnish approved insurance upon the buildings thereon m [ht sum of S Q$ , 700, OO pnyabk <br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessmenrs and insurance with haterest at <br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay: permit no waste on said premises; keep and comply <br />with ail the ageemenls and conditions of the Bond for $ 4B 700. OO this day given by the said Mortgagor to said ASSOCIATION, and mmply <br />with alt the requirenxms of the Constitutime and By-laws of said ASSOCIATIUN; then these preunts shill bewrrae null and void, otherwise they <br />shall remain in full force and may b< foreclosed at the option of the said ASSUCIAI'IUN after 1'aame fur three months to nuke any u( said <br />payments or b< three nwn[hs in arrears ±n making said rnonlhly paynunls, or to keep and comply with the ageerrtents and conditions of raid Bunt: <br />end Mortgagor agrees to have a receiver appointed forthwith m such foreclosure proceedings. <br />If there is any change bt uwatsrship of the real estate mortgaged herein, by sale or otherwise, then the entire rartainhtg indebtsdrress hereby <br />securd shall, at the option of The L'yuitabk Building and Luan Association of Grand Island,Nebraska,become tmmedatily dos and payable without <br />further notice, and the anwum rcnuining due order sail bond, and any other bond for xny additionil advnnrxa mark tht¢under, shah, from the <br />da4 of exercise of said option, bear interest at the nuximum legal rate, and thix mortgage may then be foreclosed to satisfy [hs antuunt due on said <br />bond,and any other bond for additional advances, together with ill surm paid by said The kiqui[abk Building and Loan Assoca[ion of Grand island, <br />Nebraska for insurance, taxes and assrsantents, amt abstracting extension charges, with interest thereon, from date of payrnem at the tmximwn <br />kgil role. <br />As provided in the Bond secured hereby, whae this mortgage remains in effect the mortgagee nuy hereafter advanrx additional sums to the <br />makers u( said Bond, thtir assigns or susxxxssars m mttrest, which sums shall be within the security of thix ttnartgrtge the same an the funds originally <br />secured thereby, the total amount oC principal debt not to exceed at any time the originil amount of this marigage, <br />tedthis 27th. i~ar %• August A. a..lr)80 <br />T ~s - <br />a ...,~o~ ------- <br />Cyn ~a A. Atwood <br />STATE OF NEBRASKA, ~ ~ On this 27th - day of AU9US t I9 BO ,before rtes, <br />COUNTY OF HALL <br />the undersigned, a Notary Public N and (or said County, ptrxnully ornc <br />David R. Atwood and Cynthia A. Atwood, each in his and her own right, and as spouse of <br />each. other wh° are personally know"`° <br />me to be the identirx! person S whose names are affixed to the above inatrumant as-s~tortgagor S and they severally <br />acknowledged the said instrmnent to be their voluntary act and deed. , <br />WITNESS my hand and Notarial Seal the date aforesaid. + _ <br />My Cvmrnission expires ~ ,-7 ~~l -"~~ <br />CENEAAt NNiAAY - State of Na6rasia - ` ~~ ~~ j " ~F SNrs~uy C`Bc <br />eaaazra nt I JOY M. BEAZLEY ~-% "~ ~ <br />~__-_ ~- My Ccmm.:xp. Sept, 1, 1881 <br />