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<br /> U03162
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<br /> MORTCAGE LC7A='J N0. L Z2.634 �ijC �
<br /> ' i�N4WALLblENBYTF-tESEPRESENTS:That zavern T_ Larsen .and Rhoda A. Larsen, each 9n f175 and her
<br /> � own rfght and as spouse o� each o�her
<br /> � Mo�t a or,w3�ether one or more,in eonsidecntion of cho sum of
<br /> �'wenty-three Thousand and No/100---------------------�g--------------------------nacL�rrs
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<br /> tv�aned to saidntr�rtgagqr by TEa9 L'squitabla Building and 3.nnn AssociaCion of Grnn�t 3sland,Nebra�a,Martgagee,upon 23Q shares af srock of
<br /> sa3d ASSOGI,�'CIdN,Certificafe Na. L 22.634 ►�iG�,du herei�y graot, convey �nd mortgage unto the said AS:sOCIATION tlta Yotlowing
<br /> �.+ r describe�i sea!estate,situaxed :fn Hall Cuunty,Nebraska:
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<br /> .�� LOT FOUR (4) IN BLOCK �INE (1) IN BOGGS
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<br /> � ' AND HLLL'S ADDITION TO THE CITY OF GRAND
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<br /> ; ISlANp, NEBRAS�CA.
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<br /> � �� ��tug�ther.with ull the�tenemenat,hereditaments�and �ppurrenances tFiereunto Uelomging,.including�attached ne�or covecings,all window screens, -
<br /> wimaiow shades,blinds,stoml windnws;awnings,heating,aic conditioning,und plumbinF und water eyuipmentand uccessories thcrato,pumps,stoves,
<br /> >' refrigcra{ors,iuid other Cxtures�nd cquipment now or hereafter attached to or used iri cunnectiun with said real esiatc.
<br /> � And whereas the s�id mort a or has a recd and dueshereb g�K F Y
<br /> � B B � y agree that the rnoH a or shall an�i�vili a all taxes and assessments levied or
<br /> � assessed upon snid premises an�upon this morlguge attd the bcnd secured dierebw bekom tGe ssme sliall bewme delinquent;to furnish appmved
<br /> ,j� � �insu.rance upun IIFe�buildi�igs:orr said pr�mises situated in shc sum of$z3�OOO.�OO� .payabte ro�said ASSOCIATION und�to-.deliver to said �.
<br /> �� ASSOCIATICIN�tltepolicies for said inswance;.and not to commit or permit an,V wast�on orabout s�id prcmisc.s;� . � � �
<br /> r'� In c:ise�(default in the performance oCany of the terms and coaditions of thas murtgage or thc bond secured hereby,the morigagec shall.
<br /> ,,.� on..demand, be entided to in�nt+:diate.:possession of th�mortgxged prcrnises�und tkc,mortgagor fierc6y .assigns, transfws and sets.over to the:.�.
<br /> ,!� mortgagee x!1 tLe rents;revenues and income to be derivezl from the mr�rtgaged premises during sucli timc as the rn�rlgage indebtedness sha11 roinuin
<br /> �.�u�y.aid;and.the m.ortgagec siiall�.l�avc the pawer to appcaint.any agent or��gents it maw dasire for the purpuse of repairing said premises and renting.�.�
<br /> � tt�c rsame and col{ecting the7ents,revenues and inrome,and it�nay pay aut of'saici ircome all expenses of repairing said premises and necessary -
<br /> commissions and expenses incurred in renting and managing Utc same and of coilc�ting renzals therefrom; the balance rernuining,_if sny,to be
<br /> ��`+�, uppLied toward Ih��.�discharge of said�ttzortgage.indcbtedness;tltese rig.hts of the mort�agcc_muy be eaercised at any.time:during the existence af such:��.
<br /> � default,irrespective of any ternporssry waiver uf die same.
<br /> � TLc�e�rroserzts,$owever,are.uponthe CondiGun,.7'6�alifthe ssid;lartgagor shall r�pay.ai:i ivan on or betore�the maiuriry:uf said�shares6y :��
<br /> ;� paycaient;pay�morsthly.ro sald P►SSOCIATION uf the surn specified in the[iond secured I�ereby as interest.and principal on ssid�luan,�on.c�r betb[e ���
<br /> the�"9'wentiet h d�y of�eacli�and�cvcry mantf�,until s•xid loun is fully pui d;pay.alt[axes xnd assessments levied aguinat said premises and o�t this Mortgage����
<br /> � and��3he�Bond�secused lhereby,beforo�delinquency;turnish approved insur¢nce upon�tY�e buitdings themnn in ttte sum.of$�2;3���Q.QQ..�:�pxyab[a ��
<br /> ,M1 to�:saeid ASSOCIATION;repay.to said ASStJCIATiON upan demand��all niatcy by it paid.fur sunh caxes,assessmencs�and i,nsurance with interest st ��
<br /> ' thu niuximum iegat�rate thereon a�rom date.of paymentall of which Mortgagor herc6y a�,rees�m pay;permit no waste un seid premises;kaep a�td:cnmply..
<br /> t` wit&.all the.ugree�ttents and con3itions uf tl�e Bond fur S 23�0��.��Q diis day�give�n by thn said f�1ortgagor�to said ASSOCIATION,and wmply `.,
<br /> � R with,all qic requ�cements o(thc ConsGtution and By-Laws of suid ASSOCIATIOh: tlirn these preser�ts shatl becorne null and void,otherwise they
<br /> -i � s}talt rentain�in futl foroc and�muy be forecloscd at the option of the suid ASSOCIAI'ION after gaiiure�fot thrce monthx to make eny af said�
<br /> �.payrnanls or�6e Ihzee monUts in arreucs.in making said moauhly puymenxs,or�[o keep and.curnpiy with the agroemrnts and.conditions of�said Nnnd:. .
<br /> `� ��� and>'.'nntortgago..ugiees to have.�a receivcr appointed Farthwitfi in such foreclusure proceedings. � �
<br /> c.°'9 . . . . � � � � �
<br /> ?� �� � IC there.�is uny:chunge in o�anerslup af[hc real askste niurtgaged hcrein,.by.suln vr otherwise,alten the entire.rcmaining indebtedness hereby�..��
<br /> secuzed sliall,at tlic option.of�Ttze Gquitable Building and Loan Associatcoti of Grand Lsland,Nebrask:a,becume immediately due and payable without �
<br /> furtt�er-nntice, and the amount remuining due undcr said bond;and aaiy uther bond for any addition�ladvuncas made thereunder;shali;trom the
<br /> ' dnte of exercise uf suid option,b�ar interest at tlie maximwn legal ratc,�id tliis rnort�ge may Uxen be foreclosed tu sntisfy the amuunt ciue on sxid
<br /> ;,j. bonct,and auyoiher bond for ad�ftiqna3 advances,together with all surns}�aid by said?he Equitable Building and Loan Associatiun uf Crar�d Island,
<br /> ��4 A'ebr�ska for-insurance;.taxes and.ussessments,and abstcacting extensiUn chxrges, wilh interest ihereon, fiom datc uf payment al the mx�eimum
<br /> � legal tatc.
<br /> � ����As proci[3ed in the Bond secuaed.hereb,y,wltile 2h.is n�ortgage�remains irt effrcl the morigagee mey hexemx'ter udvxnce.additiona!s�ms-to Llie.
<br /> � mak�rs ot said Boaci,their assigns or successors m interest,which sums shwll be wiilun ilie security or tMs mortgage tlie same as t4c funds�riginally
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<br /> `^r� secnred thereby;the total nmourct of principat debt not to excecd at uny time[lie origi;nsl amount of ihis murtgage_
<br /> � Dated tru�th a�y uf Mdy n.�).,1v77
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<br /> ` a, rn . ar�en _ .��.o
<br /> � r`�..�i� ,�'ti>/,,�'�° ;%'S?�1�-�f
<br /> + ��a A. la rsen
<br /> � STA3'L OF NEBRA.SI{A,�� On this 5�fi dav of M 1 U .
<br /> �OUNTY OF HALL � �i ,before me,
<br /> ' � � � � � � thr undersigned,a Notaty 1'ublic ui utid fur said CauntY,Nrrscxna{1y came � � �`� •� �.�
<br /> F Ld�rern rT. Larsen and Rhoda A Lars`en, each �n h9s aRd her owra rig wt� a�d as spouse of each , , '��
<br /> ot�ier = t -., ?�,�� are P�Tsonally known tc
<br /> me to be ihe idonticat person S wi}�ge�vt�t�GS $�".@i��affixed=o the above isutrument as iaortgagor S and they sevsr�lly � ���,
<br /> ackac�wledged thosiaid instrument t� `-����' �rot�ntui �cx and deed_
<br /> �� �� �=�, . �..; �� � � ° ::�� ��
<br /> . .. W'3TNESS my hand:attd i�otarrai'Ssai-the date atestasaid. .•• � � : .. ,,,_
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