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80-- [104635
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 23,Ib7
<br />Subject to L#
<br />KNOW ALL MEN BY THESE PRESENTS: That Bert E. Carrick, Jr., and Karen K. Carrick, each in his
<br />and her own right, and as spouse of each other
<br />Mortgagor, whether otu oc more, in ooosirkratiort of the >azm of
<br />Twenty-five Thousand and No1100--------------------------------------------------- oof.t.ARs
<br />lmreed to said mortgagor by The Equitable Buiding and Lunn Association of Grand Island, Nebraska, Mortgagee, upon 250 ahaza of stock of
<br />®d ASSOCIATION, Certificate No. L 23,]6] , do hereby gran[, convry and mortgage unto the said ASSOCIATION the foBowiog
<br />described real estate, situated in Nall County, Nebraska:
<br />LOT THIRTEEN (i3) IN BLOCK ONE {1) IN LE HEIGHTS
<br />SUBDIVISION, BEING A PART OF THE NORTHWEST QUARTER
<br />OF THE NORTHWEST QUARTER (NW;NW;) OF SECTION ELEVEN
<br />(11 ), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10)
<br />WEST OF THE 6TH P.M.
<br />Subject to prior mortgage to the mortgagee herein, in the principal amount of Twenty-Two
<br />Thousand PJine Hundred Fifty ($22,950.00) dated September i9, 1969.
<br />together with all the tenerncnts, hereditarnents and appurtenances Ihereunm beiungmg, includin@ attached Hoar coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, mr conditioning, and plumbing and water equipment and acwssories thereto, pumps, stoves,
<br />refrigerators, and other hxtures and egtdpment now or hereafter attached to or used in connection with raid real estate.
<br />And whereas the said mortgagor hu agreed and does hereby agree that the mortgagor shall and will pav aB taxes and assessments levied nr
<br />assessed upon said premises and upon this trtor[gage and the bond secured theebv before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum o(5 2 5 , OOO • OO payable to slid ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies fur said insurance; and net to commit or permit any waste en or abaut slid premises;
<br />to cast rf default in the performance of any of the terms and conditons aC this martgagt as the bond ~curetf hereby, the mun~ gee shall,
<br />nn demand, he entitled to Immediate possession of the mortgaged premises and the nsngagur hereby assigns, transfers and sets Duct to the
<br />mortgagee all the rents, revenues and income to he derived from the monpx@ed pre~mses dunng such time as [he mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shall have the power to appoint any agem or agees n may desire tar the purpose of repairing said premius and renting
<br />the satrre and collecting the rents, revenues and income, and it may pay out ul said income alt expenses of mpairing said psmius and necessary
<br />armmissions and expenses incurred in renting and nranagin@ the saint and ::f catlecur:@ rc^.tals thertirant; the balance remaining, if any, to he
<br />apptkd toward thz discharge of said morifu@z mdzbttdness: these rights of the mortgagee inlay he zxzrszd at Bury titre d'orwg :he zxismn~z of such
<br />default, irrcspcctive of any itmparary waiver of .he same.
<br />These Presents, however, are upon the Canddian, "that ii'the card R:ort@agor shall repay said loan on m before the ena[uMy of saki shares ay
<br />payrrxmt; pay monthly to said AS50('IATiON of the sum specified in tttz &md s< urzd er~reby- as interest and p,r:n~ pal on snot ;Dan, on ar bzfarz
<br />the Twentieth day of each and every month, until send loan is fully paid: pay all [axes and assessments levied agsmst sa+d premises and on this Mungage
<br />and the Band secured thereby, belare detinyuency; furnish approved insurance upon the bwtdmgs thereon m the sum oC S 25 , OOO. OO payable
<br />to said ASSOCIA'f10N: repay to said ASSOCIA'fiON upon demand all money by ~[ paid fix such taxes, sssessments and mswunce with interest at
<br />the maximum legal rate thereon from date of payment all o(whicft Mortgagor hereby agrees m pay. permit nu waste nn said pretenses; ktep and comply
<br />with all the agreements and conditions of the Bond Car 5 25, OOO OO this day given by the s:Id Rtortgagur m aid ,\SS(X'IATION, and comply
<br />with aft the reyuireirienis of the fansti[utian and By~Laws at Bald ASStX]IAl'ION~, then these pmsents shall btcanre null and veld, a[htrwtst +hey
<br />sha{I remain m (all force and ntay he foreclosed at the aption of the card ASSCCIAI'ION niter failure for three months to make any of said
<br />payments or be three months m arreazs m making said nwnthty payments, ur to kelp and comply with the agreements and zanddions of swd Bond:
<br />and Mortgagor agrees to have a receiver appointed forthwith in such fomclosure praceediu@s.
<br />[f there is any change in ownership of the r-al estate Iortgaged herein, by sale or otherwise, [hen the entire remautmg indebtedness hereby
<br />secured shall, at the option of The liquitable Building and Loan Assceiatiun of Grand 1sland,Nehraska,become unntediattly dot and payable without
<br />further notiat, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, shall, t4um the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may thtn be foroclused to satisfy the amount due nn said
<br />bond, and any other lwnd fur additional advances, to@elher wt[h all sutras paid by said The iiquitable budding and Loan Associatun of Grand Island,
<br />Nebraska for inmrance, taxes and assessments, and abstracting exttnaian charges, wdh interest thereon, :rum date of payment at the ntaxemurn
<br />I~1 tem.
<br />As provided in the Band secured hereby, what Ibis mortgage reniams in etlect the mort@agee stay hereafter advance additional sums to the
<br />makers of said Band, [heh assigns or successors in interest, which sums shag ht within the security of this mortgage the same as the femds originally
<br />tecured thereby, the total arraimt of principal debt nut to exceed at any time the anginal amount of this mmtgage.
<br />,~ this ?]t~ day aC. AuquSt A. D., Igt3O
<br />7 _ ~
<br />_ L":'~t
<br />Karen K. Carrick
<br />STATE OF NEBRASKA, ~ ~ Ott this 27th day ui AUq US t 19 £30 , belure rat,
<br />COt/NTY OF HALL
<br />the undersigned, a Notary Public m and (or said (booty, perutnally acme
<br />Bert E. Carrick, Jr., and Karen K. Carrick, each in his and her own right, and as spouse
<br />of each other `v1'° are personally known to
<br />tot to be the identical person 5 whale name S are affixed to the above jdstruntent es mangy@oI 5 and they severally
<br />acknowledged the said instrument to be their voluntary ac[ and deed. - ~
<br />K7TNFSS my hand and Natarial Seal the data aCartsaid. c=--~ ~ .
<br />My C.ommissian exphes s %`r~C~-~~ L; r
<br />`3 / - ~
<br />-.-.. _.___~_ _ _ - 1 ~AOtarv Pu~~bu~c~~~ ~
<br />1Uta"FN el -~ - - "~
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<br />Its„'~~ MY '~ EAq Noy
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