|
~_~...,~-:tip-.
<br />YORTGACE ~j~~. ~) t. t ~ J €J i,~
<br />nroxrcACeL4ANNO. L23,854
<br />Subject, to l~17,457
<br />~+oa'A-.t~fENev'I'N>:see>t>:seNts:Tnat John C. Crabtree and Judith A. Crabtree, each in his and
<br />her otvn right and as spouse of each other,
<br />Atortpgor, whether ooe a mat. in comidcgt(on of the stmt o[
<br />Nina Thnu~and and ynJ1a0----------------------------------------------------------OOILAYLS
<br />loaned to aid rrartgagor by The Gquitabk BvBdirtg and I.wn Atsociatiorr of Grand Island, Nebraskta, Mottgzgee, upon g0 sl[ats of stock of
<br />raid ASSOCIATION, Certifiole Na. L 23, 854 , do Ftcreby grant, convey and ttrortg~t unto the aid ASSOCIATION the fa$ovririg
<br />desafbed real estate, nitrated in Fial1 County, Nebraska:
<br />LOT THIRTEEN {13), L'a BLOCK FIVE {5), itVt BEL AIR ADdITIa7 Ta THE
<br />CITY flF GRAND ISLAPIa, ^IEBP.ASKA.
<br />Subject to a prior mortgage to the mortgagee herein in the
<br />principal amount of ~15,35G.a0 dated July 28, 1964.
<br />together with a$ lire tenements, herediUments an6 appurtenances thereunto belongh[g, including attached floor Nverings,. all window screens,
<br />window shades, blinds, storm windows, awrtir[gs, iteasing, air ,:onditioning, and plumbing and water equipment and acassoria therein, pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And wheroas the said mortgagor has agreed and does hereby agree that the mortgagor shall and wi$ pay all taxes and assta$nents levied ar
<br />assessed upon said premises and upon this mortgage and the bond secured therebyy" before the same shall become delinquent; to famish approved
<br />insurance upon the buildings on said premises situated in the sum of S 9 ,oao. (ice payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the polities far said insurance; and net to commit ox permit any waste oa ~: about said premises:
<br />in cast o! default in the performance o(any of the terms and conditions oY chic mortgage or the bond secured herehy, the martgagte shat,
<br />on demand, be en[itied to i»imediate possession of the mortgaged premises and the mortgagor hereby aligns, transfers and sets over to the
<br />mortgagee sit the rents, revenues and income tv be derived from the mortgaged prenvses during such time as the mortgage indebteMess sfttdi remcin
<br />unpaid: and the mvrtgagee shalt have the power to appoint any zgent or agents it nrxy desvt far the purpose of repaving said premises and ranting
<br />the '.,artx and ~t'~^tttrg thz rents, revenues and fnwme, and it may pay oat of said income ail expenses of repairing said premises and nevxssary
<br />commrsssoas and excer¢~s incurred in renting and managing the same and of collecting rentals therefrom; the balnnce remaining, iC any, tv be
<br />apptle..d toward #te 3ischare vC said mvrt~o gt indebtedness; tht~ ret:ts of the mvr¢gagte nay be exet;.ised at any tzc.,e during the exisitnce of such
<br />det`ault, hrrspertisx of any tetrryvrary waiver oC the same.
<br />TEtt~ Fresen#s, #k,wcver, art upon itte Coariition, 3'ltat it iht said Mortgagor shalt repay said loan on or before the rtta;tority of said shares by
<br />payment; pay monthly to -3.s.^ ArS50CFATii1N of the cam specifse<i in ti;e &md secured here;>y as inern;st and princ[pa# an said town. un ar before
<br />the Twentieth say of each and erery month, until said loan is Cully paid; pay all taxes and assessments Levied against said premises and on this Mortgage
<br />and the $ond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of 3 9 , oao. ao payable
<br />[o said ASSOCIATION; repay to sad ASSOCtAT[ON upon demand all money by it paid for such taxes, assessments and insurance with inte[est at
<br />the maximum legal rate thereon From date oC paymen[ alt vf' which Mortgagor hereby agrees to pay; permit no waste on said premises; keep and comply
<br />wish all the agreements and conditwns of the $ond fm' Y 9 , oao. ao this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with alt the requirements of the Constitution and $y-Laws of said ASSOCIATION; then theme presents shall hecorne null and void, otherwise [hey
<br />shall retrain is (uU tarty and nay be foreclosed at the option of the sad ASSOCIATION after failure (or [hree months [v make any of said
<br />payments ar be three months in atrears in nuking said monthly payments, ar to keep and vvmp{y with the agreemen[s and cvnditions of said $ond;
<br />and Mortgagor agrees to Curve a receiver appointed CoAhwith in such foreclosure prv[:eedmgs.
<br />If !here is any change to dwnership of cite real estate mortgaged herein, by sale or vtherwise, then the entue remaining indebtedness hereby
<br />sectued shaEl, at the gption oC T~ FAuitabte $utldit[g and Loan Association oC Crand Island, Nebraska, hecurne immediztely due and payabL• without
<br />further notice, and the amount remaining due under said bond, and any other 6orul for any additional advances made thereunder, shall, from the
<br />date vC exercise of ad option, bau in[eres[ at the maximum legal rate, and this mortgage may then be Coreclased to satisfy the amount due on said
<br />hoed, std tray other band for additional advances, together with all sums paid by said The Equitable Budding and Loan Association vl Crand island,
<br />Nebraska fa insurance, taxes atat assessments, and at>*Yrasting extension charges, with ineerest thereon, From date of payment at the naximuam
<br />Ir.~tate.
<br />"tAa provided in the good secured hereby, while this ttrortgage remains in of U the tt[artgagee may hereafter adrance additional sums to rite
<br />ttuh~s of said Bond, their ami~br su,:cessors in intereu, which suers shall be within the sectuity of this mortgage the same as the funds originally
<br />aecmat! thereby, tht fatal amvunt of principal debt rmt to exceed at any time the original amount of [his mortgage.
<br />?th=- .s,u as
<br />°d ,-1- as f vemher
<br />~: ,n. ~f
<br />~''-~ 3udith A.rCrabtree~Y~'
<br />S`fA'i~Oft NE$ftASICA,~ ~ 13th- Alnvomhcr _. Rfl
<br />COttNT~' tTFt tiAt.t., 4 '. .,...,,u -- -- - day aC .,., . •.....••.. iv ~~ . be#arc rue,
<br />John C. Crabtree and Judith A. Crabtree, the ordersigned,a Notary Aubiie in and fur said County, personsilywme
<br />each in his and her otvn right and as soouse of eat:h other`,,, whn are perscmatty ktwwnw
<br />rat to ht ttxx identical patine S w95ust rrartte j d re affixsd w the above insttu1ment as tnvrvr5 and t he Y rewea#ty
<br />atktwwkdgast Lire said incaruruwu[ tv t,t their ntltantaru zee and decd. !!! ```"` " 1
<br />itr'[1+rF!iC .ry ('°.~.,.M ~.........,en .~saa ..~c wac ufd;:'airei. I~ }-
<br />tar+x#at at - ~ Lary fie
<br />e ,
<br />... _ ._ __. _.. ._.__,..._,,s~
<br />
|