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<br /> MORTCAGE , fa�
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<br /> � MORTGAGE LOAN NO. L 23,040 MGI C
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<br /> � KNOWALLMLTTBYTHESEPRESENTS:TMat John W. Mrky and Maxyne M. Mrky, each in his and her ` �
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<br /> own right and as spouse of each other
<br /> ' Twenty Faur Thousand and No/100--- _____"��ri�gor_Wnecner one o�mo«,in wnsidentIon of t4e�um of !. �;�
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<br /> ---------DOLLARS • � ,
<br /> ��.�a � loaned W said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 2t}Q shares of stock of �
<br /> said ASSOCIATION,Certificate No.L 2$,�4� ,do hereby grant, convey and mortgage uneo the said ASSOCIATION the following
<br /> described real estate,situated in Hall County,Nebraska: � �
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<br /> LOT TEN (10j IN FRACTIONAL BLOCK TWENTY THREE (23) IN
<br /> BAKER'S ADDITION TO TME CITY OF GRAND ISLAND, HALL
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<br /> COUNTY, NEBRASKA.
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<br /> � �� to ether with all the tenements,hereditaments and a ��'
<br /> ' g ppurtenances thereunto belonging,including attached floor coverings,all window screens, ,
<br /> ,! . �� window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipmnnt and accessories thereto,pumps,stcsves, ' �,y?s
<br /> refrigerators,and other t3xtures and equipment now or hereafter attached to or used in connection with raid real esiate. F ^y
<br /> � � And whereas the said mort or has a eed and does hereb a ' i'
<br /> gag gr y grce that the martgagur shall and will pay all taxes and assessments levied or
<br /> * assesud upon said premius and upon this mortgage and the bond secured thereby before the same shall bacome delinqumt;to furnish approved ' ��?�
<br /> �i insurance upon the buildings on said premises situated in the sum of$ 24�000 0� Payable to said ASSOCIATION and to deliwr to said � , -., '�f`.'
<br /> . ASSOCIATION[he policies for said insurance;and not to commit or permit any waste on or about said premises; ` h�,F.'
<br /> �� � � In case of default in the pertormance of any of the terms and eonditions of this mortgage or the tond secured hereby,the moRgagee shall, `��K�
<br /> � on demand,be mtitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets ovu to�the n``�-.�
<br /> -.s mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedneu shsll�retnain ��.�
<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 rmting a����
<br /> ,# the same and collecting the rents,revenues and income,and it may pay out of said income atl expenus of repairing said premius and necestary
<br /> commissioas and expenses incurred in rrnting and managing the same and of collecting rentals therefrom:the balance remaining,if any,to be
<br /> �.�j �applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised et any time during the existena of wch
<br /> ;'{ default,irrespective of any temporary waiver ot the same.
<br /> j These Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said sharts by : � �
<br /> ;��{ . payment;pay monthly to said ASSOCIATION of the sum specified in the Bond ucured hereby as interest and principal on said loan,on or before "
<br /> �; the Twentieth day of each and every monlh,until said loan is fully paid;pay all tazes and assessments levied against said premises and on this Mortgage � . '��
<br /> � and the Bond xcured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of S 24 s��0•�� payable
<br /> } to uid ASSOCIATION;repay to said ASSOCIA'ITON upon demand all money by it paid for such taxes,assessments and insurance with interest at
<br /> , .S the maximum legal rate thereon from date of payment all of which Mortgagor hereby agzees to pay:permit no waste on said pretrrises;keep and comply �
<br /> ' with all ffie agreements and conditions of the Bond for S 24�0�0.�Qhis day given by the said Mortgagor to said pSSOCIATION,and comply �
<br /> F wi[h al►the requ'uements of the Constilution and By-Laws of said ASSOCIATION;then these presents shall become null and void,otherwise they
<br /> , �� � shall remain in full force and may be forecloxd at the option of the said ASSOC[ATION after failure for three months to make any of said
<br /> � � payments or be three months in arrcars in making said monthly payments,or to keep artd comp�y with the agreements and wnditions of said Bond; .
<br /> :�y and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings .
<br /> If there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,then the entire rcmaining indebtedneu henby
<br /> secured shall,at the option of The Equitable Building and Loan Association of Grand[sland,Nebraska,become immediately due end payable without ��.
<br /> further notice,and the amount remaining due under said bond,and any other 6ond for any additional advflnces made thereunder,shall,from the -
<br /> � � date of�exercise of said optlon,bear interest at the maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said � � �
<br /> ��i bond,and any other bond for additional advanas,together with all sums paid by said The Equitable Bu�7ding and Loan Association of Grand Island, ��
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum � �
<br /> � legal rate. ,
<br /> i�.�� � As provided in the Bond secured hereby,while this mortgage remains in e£fect the mortgagee may hereafter advance additional sums to the � �
<br /> ,:; . �. maken of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds originally �
<br /> `i � -� secured thenby,the[otsl amount of principa!debt not to exceed at any time the orlginal amount of this mortgaga � � �
<br /> � this ZSt day of MdPCh A.D.,19 7$
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<br /> -i n r y
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<br /> 4 .;a Maxyne Mrky �
<br /> ,� STATE OF NEBRASKA;�u. On this 215t day of Md T'Cfl l9]$ ,beforc me, 4•�-
<br /> COI�iTY OF HALL �
<br /> �,`.� �`� �� �.� ` � the undersigned,a Notary Public in and for said County,personally came . ,,; ..
<br /> �.John.W. Mrky and Maxyne M. Mrky, each in his and her own right and a�s sp�ouse of ea�h other >`,' »
<br /> MC �' � re perwn y known to ��
<br /> � n whose name '�� `'
<br /> ��E ,� S � . S are� �'��a�o cne a�v�snscrume��as morcgagar� snd they severallY . �,_. �
<br /> l�ie0' ent to be tF1E'1 h wluntary act and dad. s�"`"` � "
<br /> r'� �.�'�NOTARY • �d snd Notaris!Seal the dau aforesaid_ � ��.._ ��.
<br /> ' . C04E7fA1ftES�� 'on expires {W�J��M�l��� ���., 1 t,�p � �
<br /> '�' �'�UQ� 31.1�a1�Q�� . . V . . otaryPublic � . .
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