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<br /> MOR7'GAGE
<br /> � MORTGAGF.LOAN NO. L ZZ,S4O �
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<br /> I K2vOWALLMENBYTHESEPRESENTS:That �d� E. Hunt and Charlene L. Hunt, edCh l►l h15 and her
<br /> o.:n ri��t �n�+ as spouse of e��h other, �
<br /> + __v� Mortgagor,whether one or more in consideration of the sum of
<br /> � Is�renty-eight Thousand and No/100--------------- noLtAFzs
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 28� shares of stock of
<br /> i ���� ��said ASSOCIATION,Certificate No.L Z2,$4G ,do hereby grant, convey and mortgage unro U�e said ASSO^�IATLON the following � �
<br /> described real estate,situated in Hall County,Nebraska:
<br /> LOT FIFTEEN (15) WHITES SUNNY SLOPES
<br /> SUBDIVISION, IN HALL COUNTY, NEBRASKA.
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<br /> �;� � � ::ogeiher�lvith sEl [he tenements,heredetaments and appurtenances thereunto betongins,including attached floor coverings,all window screens, �
<br /> '� window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> refrigzrators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. � �
<br /> � �And whereas the said mortgagor has agreed znd does hereby agree that the morteagor shall and will pay all taxes and assessments levied or � �
<br /> � 'assessed upon said premises and uppn this mortgage and the bond secured thereby before the same shatl become delinquent;to furnish approved �
<br /> � ��insurance upon�the buildings on said premises situated in the sum of$2$,Q00.Q� payable to said ASSOCIATION and to deliver to said .
<br /> '� � ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises; �
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<br /> ' � In case of default in the performance of any of the terms and conditions of this mortgage or t}�e bond secured hereby,the mortgagee shall,
<br /> � on demand,be entitled to immediate possession of the mor[gaged premises and the mortgagor liereby assigns, transfers and. sets over to�the
<br /> �� � � � �mortgagee all the�rnnts,revenues and income to be derived from the mortgaged premises during such time as the mor[gage indebtedness shall remain .
<br /> ; unpaid;and the mortgagee sha.l have the power to appoint any agent or agents i[ may desire for the purpose of repairing said premises end 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 managing the same and of collecting rentals therefrom; the batance remaining,if any,to be
<br /> �� �applied toward tlte discharse of said murtgage indebtedness;these rights of the mortgagee may be exercised at any time during die existence of such .
<br /> . k, default,irrespective of any temporary waiver of[he same. . . .
<br /> � � � � These Presents,however,are upun the Condition,That if the sxid Mortgagor shall repay said loan on or before the maturity of said shares by
<br /> ' payment;pay monthly to said ASSOCIATION of the sum speci5ed in tha Bond secured hereby as interest and principal on said loan,on or before .
<br /> � � the Twentieth day of each and every monih,unti!said loan is fully paid;pay ali taxes and assessments levied against said premises and on this Mortgage .
<br /> � � . and the Sond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$ 28�OOO.OO� Payable
<br /> i. .� . to said ASSOCIATION;repxy to said ASSOCIATION upon demand all money by it paid for�such taxes,assessments and insurance with interes[at ��
<br /> . "the maximum!egal rate thereon from dale of payment all of which Mortgagor hereby agrees[o pay;permit no waste on said premises;keep and comply . ��
<br /> . . with all the agreements and conditions of the Bond for$ 28.���.��this dey given by the said Mortgagor to said ASSOCIATION,and eomply � � ..
<br /> with all[he requirements of the Constitution and By-Laws of said pSSOC(AT10N; then these Qresents shall become null and void,olhetwise they . � � � � . �
<br /> ' shall remain in tull force and may be foreclased at the option of the said ASSOCIATION after failure for three months to make any of said .
<br /> � � payments or be three months in arrears in making said monthly payments,ur to keep and comply with the agreements and conditions of said Bond; . � �
<br /> � .and Mortgagor agrees to h•rve a receiver appointed ForthwiYh in such foreclosure proceedings. � .� � �
<br /> � If there is any change in uwnership of the rea]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 Grand 1s1and,Nebraslca,become immediately due�and payable without � � . � "� �.�
<br /> � further notice,�xnd the amount remaining due under said bond,and any other bond for any additional advances made thezeundez,shall,frum the . � � . � .
<br /> , date of exercise of said option,bear interest at the mxxunum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said � � .
<br /> � bond,and any othct��bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Grand Island, � � .
<br /> Nebraska foe insurance,taxes and assessments,and abstracting extension chxrges, with interest thereon, &om date of payment at the maximum
<br /> ]egal rate.
<br /> . � � As provided in the Bond secured hereby,while this mortgage remains in eftect the mortgagee may hereafter advance additional sums to the. � .� . � � �
<br /> ° �.��makers of.said Sond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds originally �
<br /> ' secured[hereby;the total amount of principat debt not to exceed at any time the original amount of this mortgage.
<br /> ; nacea�n;s i lth aay oe October A�,i9 77 � i�,
<br /> �v�d� 4� �� ,u--' ����r��^ t�`, .. �' / �✓ri,r,:f
<br /> a . Charlene L. Hun
<br /> STATE dF NEBRASKA,� _ � " »';"�,
<br /> �ss. C3nthis l lth day of October 19]] ,before me,
<br /> COIINTY qF HALL � � �
<br /> the e ed a NoYa ublic' and for said Count pezso ally e �
<br /> '; � Val E. Hunt and Char]ene L. Hunt, each in his anc�`°�e'r�'�"oWn rig'�it an�' as spouse oYf eac'�► o�'ier, ryf�,
<br /> who d�^@ personally known to �,.w,�,,,
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<br /> me to be the identical person S whose nameS d T`2 afFixed to the above ins ent as ortgagor S and t hey�rally " '
<br />� acknowledged the said instrument to be ttle:Z r voluntary act and deed. ' �--� �7 � ' '
<br /> WITNESS my hand snd Notazial Seal the data aforesaid. !' /� �j :
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<br />� My Commus�on expires �,� /����� //�� .
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<br /> 6.1-�nf RI�" ' .�. .. !d� I Y� I�' 7y� iQutaly PubGc . . ..
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