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NOR7GAGE ~ V'+rs' ~ f ~, i <br />MoxrGwre towN xo. I23, 838 <br />xrtawwl.-,Mr~fBVn~sEE~IteseNrs:rltat James C. Cook and Arlene A. Coek, each in his and <br />her own right, and as spouse of each other <br />Fifty-four Thousand and No/100 --------------------Mang'~ht`~n`~`_1O_t`_'~Of~"iB~°O~ <br />lmssttl to said mortgagor by 7fie Equitable Building and t.agn Amciatiwt of Grand Island, Nefxasira, Moetgage, upon 540 dsues a(atpat of <br />said ASSOCIATTON, Certificate No. L 23, 838 , do hereby gaol, convey and rigrtglige wrto the said A3SOCIA1iON the fo9mNOg <br />desaxibed real e8att, aitwted in Hats County, Nebra:dta: <br />LOT SEVEN (7) BLOCK TWC (2), VALLEY VIEW SUBDIVISION, <br />BEING PART OF THE NORTH 1103.0 FEET OF THE EAST HALF <br />OF THE NORTHEAST QUARTER (E'~NEt,) OF SECTION TiJENTY-TWO <br />(22}, TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (g} WEST <br />OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA. <br />tosether with ail the tenernenes, htreditamenis and appurterun+xs theuunto betongurg, inciutfirtg attached floor mrerrrtg, all window atatxns, <br />window dudes, blinds, storm windows, awnings, heating, au wnditnxning, and dumbing and water egttiprtrnt and atxesmries thereto, puma,stoves, <br />rcfrigeralors, and otfner fuwres and equipment ruxw nr hereafter attached [rr or rr,rcd in connection with said real estate- <br />And wttc:eas fix sad trtartgagor has agreed and does hereby agrse that the xtwrtgagar dull and will pay all taxes and assemrrrents levied or <br />assessed upon said premises and upon this mortgage and the hand ueured thereby tttfore the same shall 6emmt delinquent: to fwrriatt approved <br />insunna upon the buildings nn said premises sttuteJ in tlx sum of 354 , OQO.OO payable to sax! ASSIX'tATEON and to deliver to said <br />ASSGCIATION the policies for seal imwance; uxd rem to arommtt ur permit any waste tin or absxut said premiss: <br />In case of default w the perfamantx of any of the terms arxd camdrtxxts of ihn mortgage ur the bond seeursd hereby, iht trwrtgages xtail, <br />on demand, br entitled to imntediatc paascsuun of the nwngaged prenuses and the rtwrigagur hereby assigns, transfers and sets oter to Ilse <br />martgagge all €he rents, ree~nut s art.: incante to #x :tertvcd f turn the nrutgaged prcmrats during such time as tlxz mortgage mdebtetincas shall vervain <br />unpaid; and the xrxxrtgagce dull have [ht }waver to apprxxnt any agent ar agents tt nay dsasu for the pwpase ul upaitirtg sent pumues and renting <br />tttt saran and cuBeciitrg trx rents, revenues and inrartse, and tt navy iwY out ai ad morose ail expentx7t of stpairing said promises and nacesmry <br />sxnnmi>siuns and t nits incurred in rentitrg and ttsnagi_~ it=s Ctrs ern; ref' voltzctirtg rentals therefrurrr; tPre balance rennining, U any, to be <br />alrFslierl inward thz drseharge of said neotiigage mutbtedrxtat: these rights of the nxrr¢ga)w.±+e navy be exers-isr.d at any tirrx dtu~itig the e~tenra of stitdt <br />drxiadt, irreaps:ctirt trf say temporary waiver of {trs sa_rstt. <br />'fhzsz IResuNa, buwew:r, err upon the l.'anditwn, "ilwt tl rile ,std Mortgagor xhuli rangy card loan tin ur t!sfort t!tt tt_!urifu of ;aid a:as by <br />payment. pay auamfx v • .,,,d :,55t1<'lAT:{+',.N of at - F-'tied to the th>rxd sr. tit oat hr coy as nuzrcst sad ptmcrpal on said~taan, an ur beitrrc <br />ttxs 7'wcutieth da} of each and emry itwutl:, w:ti! said loan t, i,tiiy peat; try set tears axed assxtssnitx,is teviert aaaxnai said pt mti,.:s and an this Moetgtiga <br />and the bond stewed thereby, before dtlutgcency. Iwmsh appmveJ uxuuance upset the huildmgs thereon m the sum at y :i4 , OOO.OO payable <br />to acid ASSOC'IA77[1N; repay to said A5St?('tAT'ION upon Jenund all rtxntey by tt paid tar such taxes, assessments amt inawaru:e with wteresi at <br />the maximum legal rate tttercun from date uC )wyment al) ul whech Mortgagor }teteby aguex to pay; permit no waste an said prcnuses; kelp and rumply <br />with alt tM: agreemenlx and wndttions of the Band fur S o4, OOO. OQhts day given by the said hlurtgagur to said ASSOCIA"PIt3N, and comply <br />with ail the rtquirexrtrnts of the Cumtitution and By-Laws of said ASSOCIA7"ION; then these presents shall 6cwtne null utd void, otherwise they <br />shat! remoter in full force and navy be i'areobszd at t}xe upnun of the .yard ASS{X:IATNON alter f:uiure for three rnwuhs to rrwlte any of said <br />payttrents or 6n three nwnths m arrears m nwkmg satJ muuthly payments, of w keep and rmnply with the agreements and conditions of said Bwtd; <br />and Moelgagot agrees to iwve a iecetver appumted fee thwith rn such Curzctawu pruceedmgs. <br />It there is any uttutge xn uwtcership of rite real estate rnartgaged tserein, by sale or uttterwue, than the rntirt rentaitring imlebtedtxas herabp <br />sxured shall, at thz option of The Eywtat>le Building and t.wrt Asaua:uation of Grand Island, Nebraska, betwrw imnmdiatcly dos std payable without <br />further narrce, uxi the amount rrratning due under said bated, and any ulher twnd for any additx>nal adw~ssa nude etxuuuedss, ~haB, f;aat the <br />dare ai` exucise aN staid opton> boar intrust at the nxaurnum legal ran:, and this nwrtgogt rrwy than be lorcctamed to satisfy the amount due pre said <br />baud, and any athtr Ixnrd far additional advattets, together with aU awns pant by said The giyuitable Buildirg and Luau Asmciation afGrard !shad, <br />Nshraaka .fur ituur:rstt, taxes read aa~aessrrsenls, and abstracting extension charges, with intrust thercun, dram date of payntsnt a4 eftt tttattlrnurst <br />karat rate. ~ . <br />As luavided intttc &rrtd srcwed hereby, wide tftis mortgage trnwins tit effect the nwrtgagec toy hertaftet advansx additjorgt sums fa the <br />of said Bsxtd, their asvi~tts ar swx.essars to inurast, whtcb stints shall br wahm tlxe secwxty of this ttwrtgage the saint ns the ftmdi otigloaily <br />thereby, the tratd amquw ~xt principal debt not to rxcerd at any tmw: the urtginal amouu of tltts xrwrtgagu. <br />~ !brad this ~ ~..~, day of G7Graa~iS'-G <br />~' yF Gy~~ill"ir <br />i 0(yK ___._-_ ._... __ <br />Arlene A. Coale <br />STATE OF' NEBRASfU. ~ ~. Ehr tftts ,lay of °.:(~ ! v . bafine me, <br />C(Hih"TY {?p 1~$ <br />+'~ ~ t-'C r~ -4- :.. + ~ tttc wniersgrtril, a Notary public ux and tut sand i aunty, pernmallY caters <br />James C. Cook and Arlene R. Cook, each in his and her nq'n right, a~~as7~~tous~~t~'v~r~kt~n w <br />Otteer <br />trxc to tx the tdentrcal prtsa>n S wt4rx rtarrtc S d rC affixed to tip abuse otstrumrnt as nautgagat ~ and t i1eY sveraBy <br />txknowtrt~d thn ;aid uuirurntrtt io tsc their w,xlwxtary xi and 3r<d. <br />:;7?:EaS my hand anti Nr~2upl Jsal the date af~ursant. _ _. _.. <br />-Ay C.,ourtrsuun cxftires - <br />Y r - Saar ,e..rr'irsrw~lllltt ~ s <br />anaasa ar ~+qp Qy}g "to2at Isutxtis' , <br />"3 -~. ra tats t N ,( 1 <br />