|
� •F;.
<br /> r�;i�. ( �'2 �
<br /> 1 L
<br />�-"� ..��
<br /> � � �
<br />�S` � .y�-q� � .
<br /> /B . tlo�v��
<br /> MORTGAGG
<br /> MORTGACL LOAN NO. L 22$�3 M6IC
<br /> KNOWALLMENBYTHESEPRESENTS:That Billie Dean SWd1150t1 and Theresa J. Swanson, each lIl h15
<br /> � � and her own right and as spouse of each other
<br /> -�. � � � � ____Mortgagor_whether one or more_in considaration of.the sum of
<br /> ` ; Eleven Thousand Seven Hundred dl'1CJ NO�SOO------- DOLLARS
<br /> � � loaned to said mortgagor by The Equitab(e Building and Loan Association of Grand Island,Nebraska,Mor[gagee,upon i l shares,of stock of '
<br /> said ASSOCIATION, Certificate No.L 22�13 MGIG do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> . described real estate,situated in Hall County,Nebraska: � � �
<br /> NORTHERLY EIGHTY EIGHT (88) FEET OF LOT FOUR
<br /> (4), IN BLOCK SEVENTY FOUR (74) IN TNE ORIGINA�
<br /> TOWN, NOW CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA.
<br /> together with al! the tenements,heredixaments snd appurtenances thereunto belonging,including attached tloor coverings,all window screens, �
<br /> window shades,blinds,stonn windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, . �
<br /> refrigerators,and other fixtures and equipment now or hereafter xttached to or used in connection with said rea]estate. � .
<br /> And whereas the said mortgagor has agreed and does hereby agree that the morlgagor shall and will pay all taxes and assessments levied or ,
<br /> assessed upon said premises and upon this mor[gage and the bond secu ed r 6y�jefore the same shall become delinquent;[o furnish approved
<br /> insurance upon the buildings on said premises si[uated in the sum of S �1,���•�V payable to said ASSOCIATION and to deliver [o said �
<br /> ASSOCIATION the policies for said insurance;and not to commi[or permit any waste on or about said premises, � � � . ..
<br /> . . In case of default in the perf'ormance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall, � �
<br /> on demand,be entided [o immediate possession of the mortgaged premises and the mor[gagur hereby assigns, transfers and sets over to the �
<br /> mortgagee all the rents,revenues and income to be derived f'rom the mort�aged premises during such time as the mortgage indebcedness shall remain � �
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or agents it muy desire for the purpose of repairing said premises and renting �
<br /> the same and collecting ihe rents,revenues and income,and i[may pay out of said income all expenses of repairing said premises and necessa.ry �
<br /> ' commissions and expenses incurred in renting and managing the s�me and of collecting rentals thereFrom; the balance remaining,if any,to be
<br /> applied toward[he discharge of said mortgage indebtedness;these rigl�ts of the mortgagee may be exercised at any time during the existence of such .
<br /> default,irrespective of any temporary waiver of the same. � �
<br /> These Presents,however,are upon the Condition,That iC Ihe said Mortgagor shall repay suid loan on or before ihe maiurity of said shares by � ��
<br /> payment;pxy monthly to said ASSOCIATION of the sum speciGed in the Bond secured hereby as interest and principal on said loan,on or before �
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against 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 I Z,��0.�� payable � �
<br /> to said ASSOCIATION;repay to said ASSOCIAT[ON upon demand all money by ii paid for such taxes,assessments and insurance with interest a[ ,� � . � �
<br /> k the maximum legel rate thereon from date of payment all of which Mortgagor hereby agrees to pay;perrnit no waste on said premises;keep and comply � �
<br /> with all ihe agreements and wnditions of tlie Bond for$ 11,]�0.��[his day given by the said Mortyagor to said ASSOCIATION,and comply � � �
<br /> with all the requirements of the Cunstitution and By-Lxws of said ASSOCIATION;then these presents shall become null and void,otherwise they � � � �
<br /> shall remain in full Porce and may be tbreclosed at the option of the said ASSOC[ATIUN after failure fbr three months to make any of said .. . � � .
<br /> � � peyments or be three mondis in arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond; . � . � �. . �� �
<br /> nnd Mnrtgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. � . � �
<br /> y
<br /> I!there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby � � �.�
<br /> . seeured shall,at the uption of The Equitable Building and Luan Association of Grand[sland,Nebreska,become immediatety due and payabte without . � � � � �
<br /> � � further notice,and the amount remaining due under said bond,and any other bond for any additionat advances made thereunder,shall,from the �� � � � � .
<br /> date of exercise of said optian,bear interest at the mxximum legal rate,and this mortgage may then be ibreclosed to satisfy the amoun[due on said � : .
<br /> � bond,and any otlier bond for additiona]advances,together with all sums paid by said The Equitable$uilding and Loan Association of Grand Island, �. �� �
<br /> Nebraska for insurance,taxes and assessments,and abstracting extensiun charges, with interest [hereon, from date of payment at the maximum � � � � . �.
<br /> legal rate. . . . . �
<br /> As provided in the Bond secured hereby,while tliis mortgage remains in effect ihe mortgagee may hereafter advance addi[ional sums to the .. .� � �� .
<br /> � mxkers oC said Bond,lheir assigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds originally � �
<br /> secured thereby,the to[al amount of principai debt not to exceed ai any time thz original amount of this mortgage. � � � .
<br /> Dated tlus � th. daY�f September A.D.,19�� �� � . � �
<br /> C�a �
<br /> i ie ean wan¢on � )
<br /> ' �`�"�xlpy_lfo.- ,-� �u'e�l;:��i't.u�,;�, D t /
<br /> Theresa J. Swan�on
<br /> STATE OF NEBRASKA,�Ss. On this 15th. day of September 19]7 ,before me, '
<br /> COUNTY OF HALL , � , a
<br /> .,,� '
<br /> tlie undersigned,x Notary Public in xnd for said County,persunally came
<br /> Bi11ie Dean Swanson and Theresa J. Swanson, each in his and her own right and as s�pouse � ry = '-
<br /> 0'f� � ,t� � . whO d re Person y known to 'f
<br /> � ��..m �� e�ictel{tic"db'�e r6 � whose nameS dP2 afFixed to the above ins[rument as mortgagor 5 and � th2,y severally . ,
<br /> now(e� �tli��e�,instr ent to be the�r voluntary act and deed. � �fl
<br /> � '`�����lIT13$S�` hand and Notarial Seal the date aforesaid. J� ��, ^
<br />�z �v�W ��N' �.r�c�lnm��f'on�expires �*�,,,r.��.4_-..N -�i i,a��ry yl 1� �� ��� � . ... .
<br /> �' . R°� ,dq�� I\ \ � .. � '
<br /> . s. �'r'ff�+�31 ti�':��Q' f<.,} .
<br /> Notary Public
<br /> �F oF n����'
<br />� �� ,;%` _ _ � �
<br /> � )
<br />
|