|
:�
<br /> �;.
<br /> � �
<br /> � � ;�
<br /> «;,: �
<br /> 6� �
<br /> ,77» 6s���€�9'�
<br /> MORTGAGE
<br /> - MORTGAGE LOAN NO. L ZZ�HZ MGIC '.;
<br /> � KNOW ALL MEN BY THESE PRESENTS:That Pdt1'11 Ck E. $ITIeaY'd dnd ROSB �. $If1EdY'3� @dCh 1 tl hl S dCld
<br /> her own right and as spouse of each other,
<br /> 1 ` Mortgagor,whether one or more,in consideration of the sum of
<br /> i Twentv Four Thousand Three Hundred and No/100-------------=----------------------- notr.axs , �
<br /> loaned to said mortgagor by The Equitabia Building and Luan Association of Grand Island,Nebraska,Mortgagee,upon 2L43 shares of stock of `
<br /> + said ASSOCIATION, Certircate No.L22782 MGIC ,do heteby grxnr, convey and mortgage unto the said ASSOCIATION the following
<br /> described cea1 estate,situater in Hall County,Nebraska:
<br /> PART OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER �NF 4 OF SE 4) OF SECTION
<br /> THZRTEEN (13) IN TOWNSHIP ELEVEN (11), NORTH, RANGE TEN (?0) WEST OF THE SIXTN
<br /> � P.M., MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: COMMENCING AT A POINT 348.7
<br /> � FEET SOUTH OF THE NpRTHEAST CORNER OF SAID NEQ OF SEQ OF SAID SECTION, RUNNING
<br /> i THENCE WEST FOR A DISTRNCE 4F 290.0 FEET, RUNNIN� THENCE SOUTH FOR A DISTANCE
<br /> � OF 100.2 FEET, RUNNING THENCE EAST fOR A DISTANCE OF 290.0 FEET, AND RUNNING
<br /> ` < THENCE NORTH FOR A DISTANCE OFi�0.2 FEET, TO THE PLACE OF BEGINNING, SUBJECT TO
<br /> ; ONE HALF OF THE COUNTY ROAD T0 THE EAST OF SAID PREMISES.
<br /> � �
<br /> i
<br /> : �
<br /> � � � �together with al! the tenements,hereditaments and a urtenances thereunto belon m � � .
<br /> pp g' g,including attached floor coverings,all window screens,
<br /> � � �window�shades;blinds,slorm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps;stoves,. .
<br /> �.refrigerators,and other Gxtures and equipment now or hereafter attached to or used in connection with said real estate. �
<br /> � . . �And�whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or �
<br /> assessed upon seid premises and upon this mortgage and the bond secured thcreby before the same shail become delinquent;ta furnish appraved
<br /> :� � insurance�upon the buildings an said premises situated in the sum of S �4�3��.�� payable to said ASSOC[AT10N and�to deliver.to said
<br /> � � ASSOCIATION the�policies for said insurance;and no[to commi[or permit any waste on oz about said premises; . � . . . � �
<br /> � � In case.of defaul[in the performance of any of[he terms and conditions of Qus mor[gage or the bond�sewred hereby,the mor[gagee shall, �
<br /> on�demand,be�eniitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and �sets over�.4o the ..
<br /> mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such timeas the moctgage indebtedness shall remain.
<br /> . �� unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting�� ��.
<br /> ' the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary
<br /> '! commissions and expenses incurred in renting and irtanaging the same and of collecting rentals therefrom: the balance remaining,if any,ta be
<br /> S � �applied toward.the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any tirne during the existence of such
<br /> '^� default,irrespective of any tempocary waiver oFthe same.
<br /> � � �These Presents,however,are upqn the Condition,That if the said Mortgagor sl�all repay said loan on or beFore the maturi[y of said shares by
<br /> �� � payment;pay monthly to said ASSOCIATION of the sum specified in[he Bond secured�tiereby as�interest and prin.cipal on said loan,onbr before
<br /> �the Twentieth day of each and every month,until saSh coan is fully paid;pay all taxes and assessments levied againsi said premises and on this Mortgage�
<br /> ,; and the Bond secured thereby,before delinquency;fumish approved insurance upon the buildings thereon in the sum of S Z 4.3OO.0� payabte
<br /> ? � to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such xaxes,�assessments and insurance with interest at ��
<br /> � .�the maximum legal rate thereon from�date of payment all of which Mortgagor hereby agrees to pay;permitno waste on saiJ premises;keep and comply �
<br /> with all the agreements and conditions of the Bond for$P4�3�0.�� this day given by the said Mortgagor to said ASSOCIATFON,and wmply
<br /> with aIl the requirements of the Constitution and By-Laws of said ASSOCIATION;then these presenis shall bewme null and void,otherwise they
<br /> �� �shall remain�in full force and may be foreclosed aY the option of tlie said ASSOCIATION aC[er fallure for��three months to make�any of said
<br /> . �:payments or be three months in arrears in�making said monthly payments,or to keep and comply with the agreements and condifions of said Bond;�.�.
<br /> :and Mortgagur agrees to have a receiver appointed for[hwith in such foreclosure proceadings. � . �� � ���
<br /> Tf there is any cl�ange in ownership of the real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby
<br /> secured shall,at the option of The Equitable Building and Loan Association of Crand island,Nebraska,become irnmediately due and payable without
<br /> further notice,and the amount remaining due under suid bond,and any odier bond for any additional advances made ihereunder,shall,from the
<br /> � �date ot exercise of said option,bear interest at the mxximum legal rate,and this mortgage may then be foreclosed to satisfy.the ampunt due on said �
<br /> x bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Lqan Association of Grand Island,
<br /> x Nebraska far insurance,taxes and assessments,and abstracting extension charges, with interest thereon,from dare of payment at the ma�timum
<br /> ;� , legal;ate:
<br /> ; As providad in the Bond secured hereby,while this mortgage remains in effect the rnortgagee may hereafter advance additional sums to the
<br /> makers of said Bond,their assigns or successors in irterest,which sums shall be within the security of this mortgage the same as the fundsoriginally
<br /> t �secured thezeby;the total amount.of principal debt not to exceed at�xny time the original amount oC this mortgage.� .
<br /> i
<br /> � ('��tea tn�s 15th aay oe August ,a.D.,�9 77
<br /> \�'o�,�,�16� � ���.� �
<br /> � r/'
<br /> ; P atri ck E. Smedra {Rose L. Smedra .
<br /> �
<br /> � STATE pF NEBRASKA,�� On this 15'th day of AU J US t 197] ,before me, _
<br /> COUNTY OF�iALL r,�
<br /> �x ' � � � the undersigned,a Notary Publlc in and�for said County,personally came ` -`
<br /> � P�trick`E. Smedra and Rose l. Smedra, each in his and her own r�otared as�s�R�Yek c�� � �,�{�.'
<br /> � e
<br /> n n to
<br /> �� , me x tt�de��t S whose name 5 affixed to the above instrument as morigegorS and tM2y severally � S�,S�3
<br /> a wk dZt����$� t to be
<br /> � �u
<br /> L� s�' thei r Yoluntary act and deed.
<br /> � ' 1VT rn d nnd Notarial Seal che date a[bresaid. �
<br /> w. �' NOTAF7Y �.` �
<br /> i ' CDtr.Mi�QT@a4+�� .expires �� �/ � � � �' i �, _
<br /> �� EXPIRtS � .. M.d'` � 1 (� .p .
<br /> i � —
<br /> a.�- �J' A;�31 '�50�:P � � Notary Public
<br /> .�
<br /> ��r£OF NEA��� I
<br /> J
<br />
|