|
_ f. �..
<br /> �g„ 4�0231I
<br /> MORTGAGE k ,
<br /> ' � MORTGAGE LOAN NO. � ' � 4 ��t�s
<br /> �% KNOWALLMENBYTHESEPRFSENTS:7hat �i�y D. Winfrey and Loy L. Winfrey, each in his and � ":
<br /> �,.
<br /> ! her own right and as spause of each other �
<br /> ' �''�� Mortgagor,whether one or more in consideratioa oF the sum of
<br /> 4 Nineteen Thousand Seven Hundred Fiftv and No/100------- � ! ' -'
<br /> � --------------------------- nou.wxs
<br /> + .. loaned to said mortgagor by 1`he Equitable Building and Luan Association of Gcand Is�aad,Nebraska,Mort ee,u 197 ��^'
<br /> gag port shares of stock of
<br /> ` said ASSOCIATION,Certiflcate No.L 23a�sg ,do hereby grant, wnvey and mortgage unto thc naid ASSOCIATION the folYawing �,
<br /> described real estate,situated in Hall Coun[y,Nebrsska: ,.E
<br /> � p' t':
<br /> LOT THIRTEEN (13), IN BLOCK THREE (3) f; ,
<br /> � �;
<br /> "� NORMANDY ESTATES, AN ADDITION TO THE
<br /> CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA. �
<br /> ,; �
<br /> ;�.� ��: k-�
<br /> � {�
<br /> Y.!
<br /> S'
<br /> -,� - �;;
<br /> 5a
<br /> jA�k
<br /> � �� to ether with ati the teaements,hereditaments and a '` %
<br /> 8 ppurtenances thereunto belonging, including attached floor rnverings, al!window screens, ! �„
<br /> . � window shades,blinds,storm windows,awninge,heatiqg,air conditioning,and plumbing and wa[er equipment and accessories themto,pumps,stove�, " y 5
<br /> , .� . refrigeratozs,and other fuctures and equipment now or hereafmr attached to or used in connection with said reai estata 7 - �� v„
<br /> And whereas the aaid mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxea and assessments levied or ` �r5�
<br /> ; a s s e ss e d u p o n s a i d p r e m i u s a n d u p o n[h i s m o r t g a g e a n d t h e b o n d ucy rpd e b7�be fore t he same s h a l l become de t i nquent;to furni s h approved � r{
<br /> . � insurance upon the buildings on said premises situated in the sum of 5 17��b.UO payable to said ASSOCIATION and to deliwr to said i"��T�:�
<br /> � � • ASSOCIATION the poticies for said insurance;and not to commit or permit any waste on or about said premises: . . µ -}.:
<br /> In case of default in the performaace of any ot the terms and condilions of this murigage or the bond secured heroby,the mortgagee shall, ��s a m�
<br /> , { � � on demand,be entided to immediate posseuion of the mortgaged premixs and the mortgagor hereby assigns, transfers and sets over to�the �"�'��.
<br /> G -mortgagee all[he rents,revenues and inwme to be derived from the mortgaged premises during such time as the mortgage indebtedness shell remain �
<br /> � unpaid;and the mortgagee shall have ffie powm to appoint any agent or agents it may desirc for the purpose of repairing said premixs and renting � � t�+
<br /> �# the same and collecting the rents,revenues and income,and it may pay out of said income all expenus of repairing said premius and necessary 5�`x,t+�
<br /> . commissions and expenses incurred in rmting and managing the same and of collecting rentals therefrom; the balance remaiaing,if any,to be E �`� ,�.
<br /> � . applied toward the dischazge of said mortgage indebtedness;theu rights of the mortgagee may be exercised at any[ime during tFm existena of such : yF�
<br /> default,ircespective of any temporary wuver of the same. z, 4.?
<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 x �..
<br /> ��.� payment;pay monthly to said ASSOCIATION of the sum specified in the Bond securcd hereby as interest and principal on said loan,on or beforo ;
<br /> � the Twrntieth day of each and every monih,until said loan is fully paid;pay all taxes and assessments levied against sald premises az�d on this Mortgage ' - r�',
<br /> - .�.� � : and the Bond secured thenby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of 5 19.7J��.�� payable �
<br /> to said ASSOCIATION:repay to said ASSOCIATION upon demand al1 money by it paid for such taxes,assessments and insurance with interest at
<br /> � the maximnm lega!rate thereon from date of payment aU of which Mortgaqor hereby agrees to pay;permit no was[e on said premises;keep and comply
<br /> ; � wi[h at!the agreements and conditions of the Bond for$ I9 7r'J�.��this da y gagor to said ASSOCIATION,and comply
<br /> � y given b the said Mort
<br /> � .� . �with all the requirements ot the Constitution and By-Laws of said ASSOCIATION;ihen these presents shall become null and void,otherwix they
<br /> , � shaII remaIn in full force and may be foreclosed at the option of the said ASSOCIAT[OAT after failure for three months to make any of said �
<br /> .payments ar be thtee months in arzears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond;
<br /> , �ppp and Mortgagor agrees to have a receiver appoinied forthwith in such foreclosure proceedings.
<br /> . � . If there is�any change in ownership of the real estate mortgaged herein,by sale or otherwise,thrn the rntire remaining indebtedness hereby
<br /> �� � � secured shall,at the option of The Equitable Building and Loan pssociation of Crand lsland,Nebraska,become immediately due and payabk without
<br /> further no[ice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the
<br /> } � date of e�cercise of said option,bear interost at the maacimum legal rate,and this mortgage may then be forccloud to satisfy the amount due on said .
<br /> - f:� bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan qssociation of Grand Island,
<br /> ,'.1 Nebraska for insurana,�taxes and assessrtxnts,and abstracting extrnsion charges, with interest thereon, from date of payment at the maximum
<br /> flegal rate.
<br /> `� ��� � As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee xnay hereafter advance additional sums to the �� '
<br /> � . makers of said Bond,their assigns or succeuors in interest,which sums shall be within the security of Uus mortgage the same as tt�e funds originally ! � � ,��'
<br /> � ed thereby,the total amount of principat debt not to exceed at any time the original amount of this mortgage_ � � :V
<br /> z � Dated this .�.� `of Apri 1 A.D.,19 ]$ � ;
<br /> � �
<br /> � ��
<br /> � �� �� � � � �
<br /> �i �.Y . Winfney
<br /> R
<br /> �� S'CATE OF NEBRASKA,t +
<br /> > ^::COUNTY OF HALL j sa. On this 18th day oF ApPI 1 19 78 .beforc me, ,� • ` ;'s
<br /> p . '.' .�.� -. . . . :.�. �� the undersigned,a Notary Publfc in and for said County.peraonally cazne - . ?
<br /> r Jiiiar�y D_ Winf"rey and Loy L. Winfrey, each.in his and her own right W�od as spouse�o�y�o�co Ty�
<br /> ; other : are � �
<br /> � Y� me to bn'tde lden 4(�nSC,�q_ ose name 5 �`"dT2 affixed to the above instrument u mortgagor 5 and th 2y xverally .�;'�v
<br /> �;', admowkdged 4 �ja6�e{`�'�q�bb'�. thei r '.roi,,,,e�y ao��a a�a. ��;r� ,
<br /> d t�ll�,,�_t�m_y han¢fn_ ': Seal the date aforesaid_ �;�
<br /> � .��"�iw5�eucAirt C7' �s:%�Z��i�iGc�J .,.t"
<br /> } . .�� �- , .t�.,riMc,� s- �^�� � C� �
<br /> 4 :{ at-aM�st Z� � `�.�� � � ... . Notary Pubtic .
<br /> . �r1'T•.fC_ 7 �� .•:.*Z, . . . . ..
<br />� 9T�." ..'?--,� �
<br />€ Ci 4�k+�' .
<br />
|