|
i �
<br /> .
<br /> .78-��j01.556
<br /> b1dRTGAGE �r':
<br /> MORTGAGE LOAN NO. L Z3,033 }'
<br /> � KNOWALLMENBYTHFSEPRESEN'fS:That Lee R. Cohn and Laurel E. Cohn, eacM in his and
<br /> ;�
<br /> � her own right and right and as spouse of each other
<br /> , ����� � � � Mortgagor,whether one or more,in considsration of the surn of ' ,�� ;:
<br /> � Twentv One Thousand and NO/lOO--------------------------------------------------'—DOLLARS '
<br /> �;�� loaned to sa'sd martgagoe by The F,quitable Building and Loan Auociation of Grand le�and,Nebraska,Mortgagee,upon 21� shares of stock of
<br /> said AS50CIATION,Certificate No. L 23,033 ,dn hereby grxnt, convey and mortgage unto the said ASSOC[ATION the following
<br /> �t �fescribed real estate,situated in Hall County,Nebraska:
<br /> ; {
<br /> FRACTIONAL LOT 6, AND ALL OF LOT 7, IN FRACTIONAL
<br /> BLOCK 14, IN FAIRVIEW PARK ADDITION, AND THE COMPLEMENT
<br /> � OF SAID FRACTIONAL LOT 6, BEII4G ALL OF FRACTIONAL BLOCK
<br /> 1, IM WALLICHS' ADDITION,ALL BEING ADDITIONS TO TME � =�
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. `,:
<br /> �
<br /> i
<br /> ;
<br /> �:.
<br /> � t
<br /> � � � 4�y�
<br /> j together with all thc tenements,hereditaments and appurtenances thereunto belonging,inctuding attached floor coverings,all windowscreens, } �",
<br /> .� ��{ window shad�es,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipmmt and accessories thereto,pumps,stoves, ; f r k;!
<br /> �.�.j refrigerators,and other fixtures and equipment now or hereafter attached to or used in wnnection with said real estata i
<br /> -� And whereas the said mortgagor has agreed and does hereby agree that the mortgagor stiall and will pay all taxes and assessmmts levied or < �
<br /> ,j assessed upon said premius and upon this mor[gage and the bond secured thereby before the same shall bncome delinquent;to furrtish approved k'.
<br /> � �insurance upc+n the buildings on said premises situated in the sum of 3 21����.0� payable to said ASSOCIATION and to deliver to said #` ,,.
<br /> �j ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises: .
<br /> �:j In ca.se of default in the performance of any of the[erms and conditions of this mortgage or the bond secured hereby,the mortgagee shall, e `t „i�
<br /> on demand,be entitled to immediate posseuinn of the mortgaged premises and the mortgagor hereby assigns, transfers and sets.over to the r� .,�_
<br /> ' mortgagee alI the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shaU remain
<br /> ',� unpaid;and tt�e mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and rmting
<br /> �?� the seme and collecting the rents,revenues and income,and ii may pay out of said income all expenses of repairing said prtmius and necxsgary . ; �;�
<br /> j commissions and expe�ses incurred in renting and managing the same and of collecting rrntals therofrom; the balance remaining,if any,to be `
<br /> �t applied toward the diuharge of said mortgage indebtedness;theu rights of the mortgagee may be ezercised at any time during the existrna oF such r . �,��
<br /> __� � default,irrespective of any temporary waiver of the same. ;�
<br /> These Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shares by ' "�:�
<br /> . .payment;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said toan,on or before i � 1;
<br /> the Twentiett�day of each and every moath,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage
<br /> �i and the Bond ucured thereby,before delinquency;Curnish approved insurance upon the buildings thereon in the sum of S 21 QOQ.QQ Payable
<br /> fto said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such ta�ces,assessments and insuiance with interest at
<br /> the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premiur,keep and comply
<br /> �� with all the agreemrnts and wnditions of the Bond for S 21,OOO.OO this day given by the said Mortgagor[o said ASSOCIATION,and comply
<br /> ' _�. � with all the requirements of the Constitution and ByL,aws of said ASSOCIATION; then these presents shall become null and void,othecwix they �
<br /> shall remain in full force and may be forecloud at the option of the said ASSOCIATION after failure for three moaths 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 conditions of raid Bond;
<br /> and Mortgagor agrees to have a receiver app��inted forthwith in such foreclosure proceedings.
<br /> [f there is any change in ownership of the real esWte mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby
<br /> :�i � secured shall.at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without �
<br /> further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the �� �
<br /> :; date of exuc3u of said option,bear interest at the maximum legel rate,and this mortgege may then be foreelosed to satisfy the amount due on said `
<br /> -bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Grand IsJand,
<br /> <..�j Nebraska for insurance,taxes and asussmrnts,and abstracting extrnsion charges, with interest thereon, from date of paymrnt at the maximum . .
<br /> :�.;� legalrate.
<br /> �� As provided in the Bond ucurcd hercby,whik this mortgage remains in effect the mortgagec may hereaRer advance additional sums to the �- � � �
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within the ucurity of this mortgage the same as the funds originally �
<br /> � ucured thereby,lhe total amount of prmcipal debt not to exceed at any time the original amount of this mortgaga � � �
<br /> sua c� th agy oe March n.n..iv 78
<br /> ,i �
<br /> ,� e o n �p ;
<br /> , .
<br /> �,.� Laurel E. Cohn
<br /> t � STATE OF NEBRASKA,.t �. On thls 1]'tEl da of
<br /> COl1NTY OF HALI:j Y MdPCh t9 7$ ,before me,
<br /> � the undersigned,a Nou Public in and for said County,personall eame ,:�'�
<br /> �r L'ee R: Gohn and Laurel E. Cohn, each in his and her own righ� and as spouse of each o�her ,:,
<br /> who are personally known to '
<br /> � me to ba the�danti�l person 5 whose name S eT'2 af!"ixed to the above instrummt as mortgagor S and theyu�ratiy t � '`
<br /> �;� acknowledged the said inucvmant to be thej r voluntary act and deed. '; '
<br /> ,;�,�+., p;� ;.
<br /> -��f..... ..� �. .. . � WI7'D1ESS my hand�and Notarial Seal the date aCoresaid. i� � . . .�..:'"" �^' �,
<br /> pfs:( My Commission expires
<br /> � l
<br /> b.l,yd at �kT1ERAL NOfARY-StAte af Ne�r.� Notary Public
<br /> 1liME&W.OlSC�rv �
<br /> MyComm.Fxp,Nov.S2.1974
<br />
|