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<br /> 77- U07196
<br /> �ortrcwc�
<br /> MORTGACE LOAN NO. L ' I
<br /> KNOW ALL MEN BY THESE PRESENT'S:That Phi 1 D. Harri s and Jean Harri s, each 1� hl 5 and her
<br /> own right and as spouse of each other.
<br /> Mortgagor,whether one ur more,in condderation of the sum of
<br /> Six Thousand and No�]00---------------------------------------,--------------- noLLnRs
<br /> Wrned to said mortgYgur by The Equitable Building and Loan Association of Grand Island,Nebraska,Murtgagee,upon 6Q shyres of atock of
<br /> said ASSOCIATION, Cer[ificate Nu. L 22,g34 ,a� hereby grant, convey and mortgage untu the said ASSOCIATION the fo!lowing
<br /> deecribed real es[ate,situated in Hxll Coun[y,Nebrasica�
<br /> LOT ONE (1) I'V BLOCY. NINE (9) IN WIE[iE'S
<br /> ADDITIOP� TO THE CITY OF GRAND ISLAND. HALL
<br /> COUyTY, NE[3RASKA.
<br /> [o�ether with yll thr trnements,here3itaments and appurtenances thercun�u belungu�g, including attached fluur covermgs,al! window s.;reenx,
<br /> window shades,blinds,sturm winduws,awnings,heating,a�r condi�iunmg,anJ plumbing and water eyuipment xnd eccessories thereto,pumps,stovee,
<br /> rc(rigerrwrs,ynd othrr(iztures xnd eywpment now or hereafter attached w ur used in cunnectiun with ssid resl estate.
<br /> And wherras thr wid m�xtgagor has agreed und dues hereby agree tha� thr mungagur shall and w�ll pay all taxes and asaessments levied or
<br /> assessed upon said prem�ses and upon this mortgage and the bond ucured thereby brfore the same shall become delinquent:w furnish approved
<br /> insurance upon the buildings on said premises u�uated in the sum of S (�QQQ.QQ payeble to said ASSCX'IATION and to deliver to said
<br /> ASSOCIATION the policies for arid insurance;and not w commit or permit any waste un ur about said premises:
<br /> In case of drf�ult in the perfurmance uf any uf the tarmx xnd cund�tiuns of this murtgage ur the bund secured hereby,the mor[gagee shall,
<br /> u� denwnd,be entitled w immrdiate possess�on uf the murtgaged premises and the rtwrtgagor hereby essigns, transfers xnd sets over to the
<br /> mortgaga all the rents,revenues ynd inwme to be derived from the mortgaged premises during such time as the mortgage indebtednesc shall remain
<br /> unprid:and Ihe mortgagee shall have the puwer w uppuint any agent ur agents i[ may desire fur the purpose of repairing said premises and renting
<br /> the ttme and colkcting the rents,revenues and income,and it may pay out u(said incume all expenses of'repairing said premises and neceseary
<br /> wmmiscions and ezpenses incurred in renting and managing thr samr and uf collechng ren[ais therofrom; the balnm:e remaining,il'any,to be
<br /> �pp!¢d wward thr discharge of sald mortgage indrbtedness;these nghts of the murtgagee may be exercised at any time during the existence of such
<br /> deTault,irrrspective of any temporary waiver uf the same.
<br /> Theae Presents,however,arc upun thr Conditiun,That if the sa�d Murtgagur shall repay said luan on ur befbre the maturity of said shxres by
<br /> psyment:pay monihly lu said ASSOC.'IATION uf the sum specified in the Bond �cured hereby ns interest xnd principxl on sxid loan,on or beture �
<br /> the Twentieth day u(e•ech and every month,until said loan is fully paid;pay all taxes and assessments levied against wid premises and un this Mortgage
<br /> and the Bond secured thereby,brfbre deGnyarncy:turnish approved insurance upon the buildings thercon in the sum of$6 s��•�� payable
<br /> to said ASSOCIAl'ION;repay tu sa�d ASSIX'IATION upon dertund all muney by it pxid tbr such taxes,asxssmen[s and insurance with interest at
<br /> [he maximum legal rate thereun fr�m dete uf payment atl of which Mortgagur hereby agrees tu pny:permit nu waste on said promixs;keep xnd wmply
<br /> �vuh yll the agruments nnd wnditiuns uf the Bcmd for 5 E.0�0.�� this day grven by the seid Murtgagor[o said ASSOClAT10N,and wmply
<br /> with all the requiremems of the Constitution and By-Laws of said ASSO('IATIUN;then these presents shall become null and void,otherwise they
<br /> shall remrin in full force and may be f'ureclosed at the option u(the suid ASSOCIATION aYter fxilurc for throe months to make any of said
<br /> payments or be three mun�hs in arrears in makin�{said munthly payments,ur to keep and cumply with che agreemen[s xnd rondiGons of said Bond;
<br /> and Murtgagor agrees w have a rrceiver appointed forthwith in such fureclusure proceedings.
<br /> If there is any change in uwnership o(thr�eal estate mortgaged herein,by sale ur utherwise,then the entire remaining indebtedness hereby
<br /> � oecured shall,qt the uptiun of Thr Equitable Building Ynd Loan Association uf Grand liland.Nebraska,becume immediately due and payable wlthout
<br /> further nolice,and the rmount remaming due under said bund,and any other bund for any additional advenc;es made thereunder,shaU,frum the
<br /> date o(ezercise o(said uption,bexr interest at the m•rximum legal rate,and this morq5xge may then be foreclosed to satisfy the amuunt due on arid
<br /> bond,and any other I+ond fur additional advanas,together with xll sums paid by said The F.quitable$uilding and Luan Ascociatiun of Grand Island,
<br /> Nebradca for insurance,taxes and aseeuments,and rbstracting extension chxrges, with inurect thereon, from date of payment at the maximum
<br /> legal nte.
<br /> As provided in the Bond secured hereby,whik this mortgage remains in effect the mortgagee may hereafter xdvance additional sums to[he
<br /> malcerc of ssid Bond,Iheir assigns or sucussors�n interest,which sums shall be within the xcunty of'this murtgage the sume as the funds urigimlly
<br /> �ecured thereby,the total amount of principrl debt not tu exr,eed at any time the orqynal amount of this murtgage.
<br /> o.�� l�th a,�y�r December % n.�..iv 77
<br /> ` �`� �� / ---- i--- t_ .,-r.., r->.� ��,__
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<br /> Phi D. Narris ean arris
<br /> STATE OF NEIRASKA.t 7 7 - "�
<br /> COUlr7Y OF HALL S a. a+�n;s 14th day of December i9 ,�ee�e�, ��~' �.�
<br /> [he undersigMd,a Notary Public in and for naid Counry,perwnall pme � ����
<br /> Ph11 D. Narris and Jean Harris, each in his and her own right and as spouse of each o�her,
<br /> who are personally known to
<br /> �
<br /> rqt tO be tfit}deneica!perxm 5 wgose esaate S 8!"E► affixed to thc abovc instnunrnt as murtgagoz 5 anC they sevczatt�� ..
<br /> r�4.owial�i��r isrUu�eai w 4s tttei r vutuatrry�:i�u�a�ieed. _� �J
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