|
� �
<br /> 78- �.i02�74
<br /> MORTGAGE
<br /> MORTCAGELOANNO. L 23,090 �
<br /> IINOWALLMENSYTHESEPRESENTS:That Bruce D. EVdt75, a single person
<br /> .
<br /> ; _ Mortgagor_whether one or more_in consideration of the sum of � � ��� '"
<br /> Twelve Thousand Six Hundred and No/100--------- '
<br /> DOLLARS
<br /> �,i loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgsgee,upon shares of stock of
<br /> said ASSOCIATION,Certificete No. L Z3.090 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following . � �
<br /> � described real estate,situated in Hall County,Nebraska: � �
<br /> ;j
<br /> LOT SEVEN (7) IN BLOCK FIVE (5) IM
<br /> j PACKER & BARR'S ADDITION TO THE CITY OF GRAND ISLAND,
<br /> NEBRASKA.
<br /> together wi[h all the tenements,hereditaments and appurtenances thereunto belonging,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 /> refrigerators,and other fixtures and equipment now or hercafter attached to or used in connection with said real estate. � �. . .
<br /> And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessmrn[s levied or . �
<br /> � asseued upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to furnish approved
<br /> :; insurance upon the buildings on said premises situaced in the sum of S 12�6��.0� payable to said qSSOC[ATION and to deliver to said .� �
<br /> ASSOCIATION the policies for said insurance:and not to commit or permit any waste on or about said premiser, � >-��.
<br /> ����7 In cau of default in the performance of any of the terms and conditions oC this mortgage or the bond secured hereby,the mottgagee shall, � ��
<br /> ,�.s on demand,bc entitled to immediate possession of the mortgaged prcmises and the mortgagor hercby assigns, transfers and uts over to the � �.
<br /> morlgagee all the rents,revenues and income to be derived from the mortgaged premius during such tlme as the mortgage indebtedness shall remain
<br /> unpaid;and the mortgagee shall have the power[o appoint any agent or agents it may desire for the purpose of repairing said premises and rcnting � ;:,.-�
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income aU expenses oC repairing said premises and necessary
<br /> ` commissions and expenses incurrod in renting and managing the same and of collecting rentals therefrom; the batance remaining, if any,to be , �. �
<br /> .�I applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such �
<br /> .a . default,irrespective of any temporary waiver of the sama � _ �
<br /> These Prexnts,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 intercst 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 tnres and asussmen[s levied against said premises and on this Mortgage . � .
<br /> and the Bond ucured thereby,beFore delinquency:Furnish approved insurance upon the buildings thereon in the sum of S lZ�(�Q.QQ Payable �� -� � �
<br /> to said ASSOCIATION;rcpay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at � .. ..
<br /> the ma�cimum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premius;keep and comply � � .
<br /> �.j with all the agreements and conditions of the Bond for$ 12 a6�0•�0 this day given by the said Mortgagor to said ASSOCIA'fION,and comply � ' .
<br /> with all the requirements of the Constitution and By-Laws of said ASSOC[ATION:then theu presents shall become null and void,otherwise they . �
<br /> � shall remain in full force and may be foreclosed at the option of the said ASSOCIAT(ON afrer failure for three months 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 said Bond; , �
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. � .
<br /> -� If there is any change in ownership oC the real estate mortgaged herein,by rale or offierwise,then the en[irc remaining indebtedness hereby .
<br /> secured shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable wi[hout . � � . � � � .
<br /> fwther notice,and the amount remaining due undcr said bond,and any other bond for any additionat advences made thereunder,shall,from the . . .
<br /> ' date of exerciu of said option,bear interest at the ma�cimum 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 advances,together with all sums paid by said The Equitabk Building and Loan Association of Grand Istand, � -
<br /> '...:; Nebraska for insurance,taxes and assessments,and abstracting extrnsion charges,with intercst thereon, from date of payment at the maximum � � . . � .
<br /> i legal rate.
<br /> "i As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the � � . . � .
<br /> ,.'�� makers of said Bond,their assigns or succeuors in intercst,which sums shall be within the security of this mortgage the same as the funds originally �
<br /> - secured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage. ,
<br /> 4 � Dated this t day of Mdy A.D.,19 ]$ � �..�
<br /> a ���� ��
<br /> - ; Bruce D. Evans
<br /> ` ;
<br /> STATE OF NEBRASKA.t
<br /> '� `� ss. � On thia 1St day of MaY 1978 ,before me, �� �
<br /> � COUNTY OF HALL S �.
<br /> the undersigned,a Notary Pubtic in and for said County,personally came I � :. �
<br /> z(� , Bruce D. Evans, a single;.person ,
<br /> � � who �5 personally known to k� �
<br /> � �'
<br /> ;� me to be the identical penon whon name j S aff'ixed to the above instrumrnt as mortgsgor and he Xitltlfdt�t � A '. .t
<br /> ` acknowledged the said inscrument to be �'il S voluntary act and deed. ��--—'� '_ � � ,'�-
<br /> � � � WITNESS my hsnd and Notarial Seal the date aforesaid. �%-�
<br /> My CommLssion expires /
<br /> r%��.- �7
<br /> 0£NERq1,NqTARY Slafe nf Nr.br, NOtary Pub c
<br /> � /'n
<br /> -.�ba ffi JAMES�h C`C .��:;ta � �
<br /> � z� �y�9
<br /> .. � MY Cumm.Exp.Nov.12.1470�
<br />
|