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<br />MORTGAGE _ _
<br />MORTGAGE LOAN NO. L 23312
<br />~~ AI.L. MEN BY Tr.:sE PRESENTS: That Rur~lf F. Plate atxi Seannice R. Plate, (Lis wife; and
<br />Tim C. Plate, a single person;
<br />Mortgagor, w hetber rxie or mine, m oortaderatiun of th t~ of
<br />Fifty-two Thousand and Nc/100 _--- _ _ - -------- TMid.ARS
<br />marred to said rrtorigagor by The Equitable Btri4!-vtg and Lawn Association of Gnnd Island, Nebraska, Mortgagee, ttgton 520 sbmes of t~ ~
<br />aid ASSOCIATION, Ceriifipte No. L , do herebp grant, convey and mortgage tmto the rod AS50CIA770N Ute foBorriog
<br />deseribeil real estate, situated m Hall County, Nebraska-
<br />THE NC]}?PH 5l-UIIJTF~39 A[,~ EIGL3T Tf2flliu FELL' (N17.8') OF IS?T ELrEVIIN (11) AAID THE SOVPH
<br />FIFPY-f~t~7r', APdD SE.Uf3V TII~IiI-LS (559.7'} FS~'I' OF iIJT T~7 {10), 3I.:OGIC TFIRh~E (3), SOtJTfiERN
<br />r~T2ESS ADDITIQN TO 'I'EEE CITY OF GfiAND ISI~AirIL), L;AT.T. QJUidI'Y,
<br />together with all the tenements, hcreditunenis and appurenanass thereunto belonging, including attac3ttd floor coverings, aV window taeens.
<br />window siudes, blinds, storm xnnduws, awmrrgs, heatc,-rx, an atndiitoninK, and plumbing and water eyuiprnent and actrssories thereto,puvgri,stovea,
<br />refrxgeratars, and other futures and eywpment now o: hereafter attadird to ur ~ssrd en .unr+ecirun wtih said real estate.
<br />And whrre;u the said murigagur has agreed and d<xs iureby agar that the :nurtgagur shall and will pay all lazes and a~~Mnts levied or
<br />assessed uptm sax! premises and upon this mortgage and (fir twnd sea.uied thereby rx lure .he carne scull become delinquent; [o fumis6 approved
<br />insurartcr uprm the hwldvtgs un cud prenc:sec situated rn the sum of 5 52, 000.00 paYahte to said ASSOCIATION aril to deliver [o said
<br />ASSOCIATION ttx prrix:tes lot cud insurance. and not to acmn»r ur perms any waste .+n .x about Btd premises:
<br />In ~ of default ter the perfurimncr of any of the terms and asndiuons u! this nxxigage or rite bond secured hereby, the mor[gagee shall,
<br />on akmand, be entnkd io iiriniedratr possession of the rrwrtgaged prem:scs and tix mortgagor hereby asvgtts, tran$en sad sets over to the
<br />mortgagee ill the rents, revenues and rnwme to be derived Grum the rixrrtgagrd premrscs durtrrg suadt trine as the monw~ indebtedass slsall "tMlra
<br />unpaud; and itte irxrrtgaget shall have the pa»wee is appoint any agcni .x writs a rmy desrre for the purpose of repairing aid premises one! renting
<br />the surre acrd coBecrmg the rents, revenues and income, soil rt slay pay out ut card mrvme aLi expenses of repairing aid premises std Y
<br />armrrtesion: and expenses mcvrred m renting and ritanaP,rnK the sazre and of co{kcteng rrntaL< thtte(rum; the balaniz remaining, d any, to be
<br />applied toward ihr drscharge u( v:d nxxty-sge mdrbtedr+ecs; these r~hts ul six mur;~,agrr may be <xerciaed at any tirrte durtrtg the existence of stilt
<br />dtfau}t, irtespective of any iempurary waiver of the sarrir
<br />These Presents, howest•r, arc spun ittc C'r+ndtirun, "that it the surd Mortgagor ,iaatl repay ,aril loan un or before the maturity of said shales by
<br />trayirtent, psy ,runthtY ;u card .4.SStX'IATIf)'~ „€ the sum v,+riiferd m the l{rxxl ,reutrd heeby as interest and principal on raid loan, on or beforz
<br />the Twentieth day of each acrd rrrrv munch, until card iron is tally pans, pay all taxes and:rssrssments levied agains[ said premises and on this Mortgige
<br />amt the F3ond s~ecuied tturrhy, tseturc eielcnyuen~y. furnish approved mswans upon the huaWings thereon m the stun of 552, 000.00 payable
<br />to sail ASSOC1.4T10N, repay to vrd !1JSfX't.4TT(JN upon densand alt nx+iuy by n pax! fur such taxes, assessrrunis and insurance whit interest at
<br />the maximum legal rate tfu reon fnnri dory ,:f payment all of which Mortgagor furebv agrees wpay; permit rro waste an raid premises; keep and comply
<br />with all t}ce agreements and a+nditrons of the Bond tot S 52 / OQQ, QQ ihrs day given by the said Mortgagor to said ASSOCIATION, soil oomptq
<br />with ati the requircmtnts a>i the C~unstirutron and By-Laws ut card ASSQi~i.4TlON. then these presents shall trernme null sad wid, otherwise they
<br />shall re:m:n in full foyer and may ~ fr=rectosrd at the uptron of :hr sax.1 ASSOCIATION afar failure Ear three tnanths to make any of said
<br />payments ui tx• three nx+ntku m arrears .n nuking sail nwrthtY pay ~Unts, „t to keep and comply with the agreements and conditions of aid Brxid;
<br />uxl Mortgagor agrees to has a recrivri appointed furt}iwi[h in such furrclusure pr.xsxdmgs-
<br />if ttseie cs any cttangr m uwrrcrshig of itrr real state mortgaged herein, by sale ur utherwrse, Fhen the entire retraining irtdebtednns hereby
<br />sutured sha0, a[ the optxin of The t~:ywtabk Building and I.aati Aswcrxtxrr, of i:rand (stand, Nebraska, become in»rnediately dtte std payable vritbor[
<br />feather notice. acrd ttce anxxutt remuning dtte under sax( txiruf, and any other band for any additiorul advances scads iheretmder, dta6, Gom the
<br />date of exrrctse of axi optics, btu isnercxi ar the maximum legs! rate. and this mortgage rmy then be fwecloxd to atisfy the arootmt dot: nn fad
<br />bond, and any ut}xr (xmd for additrunal advanrxs, tugrther wit:: all surrss part by said Thr Equiubk BuBdi»g and Loan Assoaaation of Gruel Nand,
<br />Nebraska far inwrana, lazes and assessrtien[s, and abstracting extrnsx>n charges, with interest thereon, from date of payment at the rmaunum
<br />begrl rate.
<br />As pruvxfed m the Fkntd secured 'Hereby. ++~hrir th,= ~rx,ngagr rrrtu;ns to effect the mortgagee may hereafter advance additiural atrtw io the
<br />rmkers oC sail Bernd, ttr<•ir arrgns rx su:xssixs m imrre~st, whiclc Hunts shalt the wrthm the security of this tllar[gagC the same a5 the foods tNlgidlly
<br />»curcd tlrnrb}, the total anx+um ,+f nnncapai debt rut to rased at an} tine the urigtnat amuuni of this murig~e.
<br />Feted this ... -' o __ -
<br />ia`it C. Pate -----
<br />A. t)., i9
<br />~eannT.ce a
<br />S7ATF; OF NEBRASKA. ~ ~, iTn this .lay of 19 , befrttm tin,
<br />COL-RtiT'Y OF 1#ALI.
<br />.fir uridcrsrgrud, a Notary Pubix m and for said County, peraoraiFy lama
<br />RtLCsolf F. Plate acrd .7eanni~e R. Plate, ttis wi;;e; anti ~itn ;.'. Plate, ~sirLgle ~ykrtownto
<br />.~
<br />rpr tar be tfx :<ieutical pcxxin ~ wtx=rr name r,.- i3Zr? altixrd to Eire atrrvc instrunicnt as nxxrtgagurg amt t~leY severally
<br />n-`ktrrrr-kd~ii the ~d r»st; u»tent to tce Y_i'kE:1 L- vulun4arY alt and dccJ.
<br />WtTNtr:SS my Fsarw amt Notarial Seai itx date ahxrsa'
<br />M. i'nrmraasxsaxc r zprrrs }j'~ p 6 ~~, 1 Jf ~ ~~ <f ~ t fi_ ~ f ., r -tt ~/
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<br />Nutuy Fidrlic
<br />W Ya,ar ar ~ ~- scar M a+l.:Ha
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