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<br /> 7s-R �J���14
<br /> MORTGAGE
<br /> � MORTGAGE LOAN NO. � Z3.O9rJ I � �
<br /> KNOW ALL MENBY THESEPRESENTS:That Robert B_ THompson and Veronica V. Thompson, each l�
<br /> his and her own right and as spouse of each other
<br /> Mortgagor,whether one or more,in consideratton of the sum of � �
<br /> Eighteen Thousand Five Hundred and No/100------------------------------- �L�A�
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Crand Island,Nebraska,Mortgagee,upon I8�J shares of stock of � � � � -
<br /> said ASSOCIATION, Certificate No.L 23 095 ,ao hereby grant, convey and mortgage unto the said ASSOCIATION the foLowing � � � � �
<br /> described real estate, situated in Hall Counry,'Nebraska: . .
<br /> LOT THIRTEEN (13) IN BLOCK ONE (1) IN DILL AND
<br /> HUSTON`S ADDITION TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
<br /> together with all the tenements,hereditaments and appurtenances [hereun�o belonging,including attached Iloor coverings,all window screens,
<br /> window shades,blinds,storm windows,awnings,hea[ing,air conditioning,and plumbing and water equipment and accessories theceto,pumps,stoves, �
<br /> re(rigerators,and other fixtures and equipment now or hereafter attached to or used in connectiun wiih said real estate. .
<br /> And whereas the said mortgagor has agreed and does hcreby agree that the mortgagor shall and will pay all taxes and asussments levied or ' ��
<br /> assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent:to furnish appzoved �
<br /> insurance upon the buildings on said premises situated in ihe sum of S 18�5�U.�0 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 ur about said premixs: � .
<br /> In case of default in the performance of any uf the terms and conditions of this mortgage or the bond secured hereby,the morigagee shall, � �
<br /> on demand,be entitled to immediatc possession of the mortgaged premises and [he mortgagor hereby assigns, transfers and sets over to the � �
<br /> mortgagee all the rents,revenucs and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain � � � �
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpou of repairing said premises and renting �
<br /> �� the same and collecting the rents,revenues and income,and it may pay out of said income alI expenses of repairing said premises and nectssary � �
<br /> i commissions and expenses incurred in rcnting and managing the same-rnd of collecting remals therefrom; the balance remaining,if any,to be � �� � �
<br /> applied roward the discharge of said mortgage indebtedness;iheu rights of the mortgagee may be exercised at any time during the existence of such �
<br /> default,irrespective of any temporary waiver o(the same. � � �
<br /> These Presents,however,are upon the Cundition,That i(the said Mortgagor shall repay said loan on or beforo the maturity of said shares by � � �
<br /> paymenr,pay monthly to said ASSOCIATION uf the sum specified in the Bund secured hereby as interest 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 taxes and assessments levied agains[said premises and on this Mottgage _
<br /> and the Bond secured thereby,before deiinquency;(urnish approved insurance upon the buildings thereon in the sum oC 5 j$ rj00.0O payabk � �
<br /> to said ASSOCIpTION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insuiance with interest at �� � �
<br /> the maximum legal rate thereon from dnte of payment all of which Mortgagor hereby agrees to pay:permit no waste on said premises;keep and cornply � � � �� �
<br /> with all the agreements and conditions of the Bond fur S 1�0�.�Qthis day given by the said Mortgagor to said ASSOCIATION,and comply � -
<br /> wi[h all the requirements of the Constitution and ByLaws ot said ASSOCIA'CION;then theu presents shall become null and void,otherwise thry �
<br /> shall remain in Cull force and may be foreclosed at the option uf the said ASSOCIATION after failure for three months to malce any uf said �
<br /> payments or be three months in arrears in making said mon[hly payments,or to keep and comply with the agreements and conditions of said Band; �
<br /> and Mortgagor agrees[o have a receiver appuinted forthwith in such foreclosure proceedings �
<br /> If there is any change in ownership of the real estate morigaged herein,by sale or otherwise,then the entire remaining indebtedneu hereby
<br /> . secured shall,at the opcion of The Equitable Building and Loan Association of Grand Island,Nebraska.become immediately due and payable without
<br /> further notice,and [he amount remaining due under said bond, and any other bond for any additianal advances made thereunder,shall,from the �
<br /> date of exereise of said option,bear interes[at the maximum legal rate,and this mortgage may then be Comdosed to satisfy the amount due on said
<br /> bond,and any other bond for additional advances,together wiih all sums paid by said The Equitable Building 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 /> As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hemafter advance additional sums to the �
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds originaAy
<br /> secured thereby,the total amount of principal debt not to exeeed at any time the original amount of this mortgage.
<br /> � d this d day oF May A.D..19]$ .
<br /> Robert ,6. Thomps n
<br /> Veronic V. T omps n � `•
<br /> ' STATE OF NEBRASKA,�
<br /> � COUNTY OF HALL �� On this 2 nd day of Mdy 79�8 ,before me, " ��
<br /> �'�
<br /> f �- . JOy M� B98216y the undersigned,a Notary Public in and for said County,personally came � #��'" `7 ;
<br /> j Robert B. Thompson and Veronica V. Thompson, each in his and her--�w� right and as Spouse
<br /> W o d re personally lcnown to
<br /> of��'acb�x:other � . �
<br /> I me to be thc+identical per�ong whose name s are affixed to the above inscrument as mort gor 5 and^tf12,y severally =
<br /> thei r �'
<br /> % acknowledged the aaid imtrument to be voluntary aet and deed. - i �� �
<br /> �i WITNESS my hand and Notarial Seal the date aforesaid. � .-�c�'"� •�� ':61:''�y��� �
<br /> /' f, � �
<br /> My Commi ' ��—/y)/ � y � �i
<br /> QFNEAAL H6TAqY-Shie of Ne6msiu+ - �l� `_ Z� /�� ��t'/1'JJ�'�6,�
<br /> J JOY M•DEAZ�EY I � Not PubJi
<br /> M74M Rl /
<br /> � My Ccmm.Exu.Sept.I,1981 � �
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