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<br /> MORTGAG�
<br /> ++oKr�,ar,E c.oA.*�no.. 22,662
<br /> krrowaL.i�ft�va�Trt�eRFs�vrs:rnsc paul E. Johnson, a singte person
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<br /> ? Mortgagar,whether one or more,in cvtxside�ation uf the aum of '
<br /> � Twenty-tw�a Tfwusand Ni ne Hundred and No/100--------------------------------s,------��A�
<br /> laanod:ta said reaortgegpr 6y The tquitable Building and Loan Association of Grand Island,Nebraska,Mortgagae,upon 223 shues of stack of
<br /> � said hSSOCIA'�IION,�ectillrate Na.L�2,662 ,do hereby granc.convey and mortgage unto the said ASSpCIAT[ON the tioliowing
<br /> F , described re•rl cxtata,situated in tlall County,Nebraska:
<br /> ` LOT SIX (6), FM FRACTTOKAL BLOCK SIX
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<br /> � (6), IN H. G. CLIIRK`S ADDLTION TO ?HE
<br /> CITY OF 6RAND ISLANt3, NEBRASKA.
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<br /> ingeiher with�-aL7[ho-xenementt;�h:ceditaments�and �ppurienances.thereuntc belongir:�,includin .4?tsch�d�floot�coverin�s;aIl window�sereens,��
<br /> { window shades,6linds;storm wint3ows;�awnings,6eating;air conditioning;and plumbing and water equzpment and accessories thereto,pumps�stoves, ;�
<br /> t� .re(iigecators�and o[itei i�xturss une-equipmen�quw.ur�Yaercafter a.tached t��ur�sedir co�;:tcei�n w:th�sai�raal_stz:e.�. � . �
<br /> �'� ���. Az'�d whereas the.sazd mortgagor�.lus�agreed and dpeshercby agree tlu�t r.he�moctgagar sttnli ana.wilt pay_aii taxes an:ass,�.:tcnts leried o[ .
<br /> ;# assessed upon�sand premises�and.upon�dus mortgage.�artdYhe bond secured th�tebg before��t}�e same sltull become.delinquen3?to Rarnish'approved �.�
<br /> � ���insurance.upon t�e buitdings on sa.id premises situuted�in the suax�of S�22 QC�.OO� � Payable to said�ASSOGSATION �and��to�3eliver to said,��
<br /> ; `;' ASSOCIATION C]te,poticies.for said insurance;and not.io commi.i�or peTmi�any waste on�or about said�premises; � � �. .� . � ; ; , ' , '��� �` ,:
<br /> ' � In case ot default in the peiYo�mance of any of t1�a terms and conditions of this mortgage;or zke bond senured herehg+;the mortgagee shall,
<br /> � ,;'x on��.demand,be cntiqed.ta��immedsvte possession of.the.m�rtgaged.premises�a.nd the mort�gor.hereby�assigns,��.[ransfers and.sets���uver ro the"�.
<br /> �� -mortgagee all�th�renls;.revenues asd�.income.to be derived-from�the morcgnge¢�.premises during such time.as..the�mor[gage inde6tednessshalt remain �..
<br /> unpaid:and�thex�ortEagee.shall�havethcgowertoappointanyagent.oragents ftmay�desire��forthe�purpose-ofrepaicing�saidpremises.nndrentmg �
<br /> � t�te�s3meand�col�ectin¢�therents,rs:venuesand�income,'andit�may�payoutof said�incomeall.expertsesbErepairing�said��.pzemuesand-�necessacy ��.
<br /> ��� commissions and expcases incurred in renting and managing the same and bF collecting rentals therefrom; tha balance remaining,if any.to be
<br /> applied#oward tY�e�iiscnarge of sa€d morcgage indebcedness;these rights of the morcgagee may be exercised at any xime during the existence ot such '
<br /> �' defuWt,irrespecCiveof�.ny tempor.try waiver:of the same.� . . ' .. . � � �" '� �� ` � �.� �� . ��
<br /> a`, :� These Presents,:however,am upon.the Conditioti,That if.the said Mortgagor shalt repey said:loatf na or befote�the mata}ity af said:shares by �
<br /> ��, payment;pay��,mvnthly�to said.ASSOC1ATIdN of[he sum�specified�in the�Boud secured hereby as interest�and�.principal.on saidioan,o�i.or before �. �
<br /> �� the Twentieth�da}�uf each and�every month;until suid ir3an is�fully paid;pay.a11 taxes and assessments levied againsx said.premises andan:this Morigage'-� � �' r
<br /> and che Bond secured thereby,before delinyuency,turnish approved insurance upon[he buildings thereon in the sum oFS 22�900.QQ `pnyable -
<br /> y �� [o said ASSUCIA'T10N;'repay�to�taid ASSOCIATIOIv upon.demand all money�by it paid for�such,tuxes,assessments�and insurance wiitG interest at
<br /> ,� the maximum 9rgal rate.thereon�fram date of payment ail of which.Mortgagor hereby agrees to pay;permit no waste on sxid premises;keep and comply� .
<br /> with all the agree�ents and wnditions of the Bond for 5 2Z,900:00 this day givan by the said Moztgagor ro said ASSdCIAT10N,andr eomply ,
<br /> � ,� with a1l ihe iequirements of the Constitution and$yLaws of said ASSOCIATIC3N;then these presents shall become nui and void,otherwise they
<br /> !j shaltsremain���infrall��forceand�may��.beforeclosedattheoptionofchesaid�ASSOCIATiUN�afterfxllure��Forthree�rnonths��tomake�:any�afsaid �
<br /> ;;� �payments ocbe t�ree munths��in.ar.zears in making said.rnonthly payments,or t.o keep and comply�with the�agreements and�condiUons oEsaid fLond; '�
<br /> sndxYlurtgagor agrees ro have a recear'er appointed Corthwith in such foreclosure pruceedings.
<br /> •�,� : 1f there is rsny.change in ownership:of the real estate mortgag.ed:herein;by sale�vr otherwise,.then�the�entire remaining indebtedness��hereby� .
<br /> secu�ed shall,at t]ie aption of"Ihe�quitable Suilding and Loan Association of Grand Is1and.Nebrxska,become unmediately dv�e and payable without
<br />+ .1 � � �Yurlhernotice;�.arail�ihe.�anxouM��ieatiainingdueundersaidbond,and�anyoth,erbond�forany,additioxsaPadvancessnade�[hereunder,shall,fromthe����
<br /> ;�S date of exercise of said taption,bear interest at the maxirnumle};al rate,and dus mortgage may then be foxeclosed to satisty t?rae amouni due nn said
<br /> '-, � bond,and any otkser bond for additianal advances,to�ettaer with all sums paid by said The Equitabie Building and LoarrAssocsatiun of Craad island,
<br /> , .; Nebraska lorins�ance,taxes and:Essessmnnts,and abstrscting extensiun charges,with interest thereon,f'rom date of payzr+ent ac the ma3nmum
<br /> legal ratc.
<br /> fAs prqrided.in the Bond secuexed hereby,while this mortgage remtins in effect the moregagee may hereafter advance additional sums to the
<br /> w,,� makers c+!said.Bess�d,their assigns is�successors in intexest,wluch sums stTall be within the security of this morigage the same as the funds origiqally'
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<br /> �x secured ihere6y,the tota}amount of principat debt n�t to exceed at any time c3ze original amount of tYus mortgage.
<br /> � a�ed mis . 27th aay or: May A_U..iv 77
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<br /> �dulr'�. J r�san
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<br />� � STATE UF NBBI�hSKh.� �. on cr� 27th aIly or May 7�77 ;t�r�o me.
<br /> � caur�nr o��ar��, � . ' h��
<br /> , � . � the�ndersigned,a Nutary Public in und ior s,aid County,perwnaJly came � � - � �, �
<br />�� t P r�san, a si ngle person- x"
<br /> ti � who � � 1 S Peiaunally known ro � �"��. ,
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<br /> , ��+Y��1E��+► �� � u'hose name 7�.5� . affixed.tu the above instrument as morsgagor� and ���}12 severally :
<br /> � �a�'�wl�dged x#R'�i�l' enc ta be h l S �votuntary-act and deed_ ;,� °�
<br /> p , , �... .. Ai#3TAIRIA�� .. . . . . . _� r,�.� .
<br /> k ! COia�+f�SS[Q!@` �. . my}uT�sui and Nataria!Seal z'Fie dnte aforeszid. '� � .
<br />� . ���r7�trlRES' 3�($C ssion easpaes�ti��l�+-q�.� �j 1 �4��j 9 f������ / � �,<,'
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<br /> J'���w3i 1„ �,�Q. � � r Nutxry Public
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