|
� � �
<br /> �$--� UO2S1 s
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. 3�O
<br /> KNOW ALL MEN BY THESE PRESENTS:That Merl i n N. Yosten and Del ores M. Yos ten, 2dCh 111 h15 �
<br /> and her own right and as spouse of each other
<br /> ' Sixteen Thousand dt1CI NO�ZOO-- ____Mortgagor_whetheroneormore,inconsiderationofthesumof . . � �� �, �
<br /> '� -�---------------'
<br /> DOLLARS
<br /> loaned to said morigagor by The Equitable Building and Luan Association of Grand Island,Nebraska,Mortgagee,upon 16� shares of stoek of � � � �
<br /> said ASSOCIAT[ON, Certificate No.L 23 a089 ,do hereby grant, convey and mortgage unro the said qSSOC[ATION the following
<br /> descri6ed real estatc,situated in Hall County,Nebraska: . . � .�
<br /> LOT ONE HUNDRED THIRTY EIGHT (138) IN BUENAVISTA SUBDIVISION,
<br /> AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKR.
<br /> together with all the tenements,hereditaments and appurtenances thereurrto belonging, including attached floor coverings,all window screens, � �
<br /> � window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and acceswries thercto,pumps,stoves, . � � ?��:
<br /> - y refrigera[ors,and other flxmrcs xnd equipment now or hereafter attached to or used in connection with said real estate. . �
<br /> e;
<br /> � And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and wi11 pay ali taxes and assessmrnts leviad or . �
<br /> � assessed upon said premises and upon this mortgage and the bond secured thereby betbre the same shall become delinquent to furnish approved .� �
<br /> � i insurance upon the buildings on said premises situated in the sum of S 16,�00.�� payable to said ASSOCIATION and to deliver to said . .
<br /> -�,.t ASSOCIATION the policies for said insurance;and not to wmmit or permit any was[e on or about said premiser, � .
<br /> In case of defaWt in the performance oC any of the terms and conditions uf this moztgage or the bond securod hereby,the mortgagee shall, - . �
<br /> ��:j on demand,be entided to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br /> ` R mortgagee all the rents,revenues and income to be derived from the mortgaged premius during such time as the mortgage indebtedneu shall remain
<br /> -�+ unpaid;and the mortgagee shall have the power tu appoint any agent or agents it may desire for the purpose of repairing said premises and rmting . .
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income aIl expenses of repairing said premixs and necessary � � . ���:y�^"�'^>��
<br /> commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be �� � . � .
<br /> �' 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 /> ��I default,irrespective of any temporary waiver of the same. ;� � �
<br /> �� r; Theu Preunts,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of mid shares by � �� � �
<br /> ' paymmt;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interat and principal on said loan,on or beforo � �
<br /> �� � the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage � � �
<br /> �! and the Bond secured[hereby,before delinquency:fumish approved insurance upon the buildings thereon in the sum of S 16 r���•�� payable � . . �.
<br /> -.�I to said ASSOC[AT(ON:repay ro said ASSOCIATION 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 ail of wkich hfortgagor hereby agrees to pay;permit no waste on said prcmises;keep and comply - �
<br /> , j
<br /> .:�� with all the agreements and rnnditions of the Bond for 5 16 aQO�.��this day given by the said Mortgagor[o said ASSOCIATION,and comply � � � .
<br /> with all the requirements of the Constitution and By-Laws oF said ASSOClA7'ION;then theu presents shall become null and void,otherwise they �
<br /> shall remain in full force and may be forecloud at the option oP the said ASSOCIATION after failure for three months to make any uf said - - � �
<br /> �..�{ payments or be three months in arrears in making said monthly paymznts,or tu keep and comply with the agreements and conditions of said Bond: � .
<br /> �.. f and Mortgagor agrees to have a receiver appointed forthwith in such forcctosure proceedings. ��
<br /> It there is any change in ownership of the real estate mortgaged herein, by sale or otherwiu,then the entire remaining indebtedness hereby �. ..
<br /> secured shall,at the option of The Equitable Building and Loan Aswciation 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 thercunder,shall,from the � � . � . .
<br /> date of exercise of said option,bear interest at the maximum legat rate,and[his mortgage may then be foreclaud to satisfy the amount due on said �
<br /> � bond,and any other bond tor additional advances,together with all sums paid by said The Equitable Building and Loan Association of Grand Island, � �
<br /> :.�i Nebraska for insurance,taxes and assessments,and abstracting extension charges,with interest thercon,from date of payment at the manimum � . �. ��
<br /> legalrata . . .
<br /> �.� As provided in the Bond secured hereby,while this mortgage remains in etfect the mongagee may hereafter advance additional sums to the � � ��� •
<br /> ���.:+ makers of said Bond,their assigns or successors in interest,which sums shall be within the security of Ihis mortgage the same as the funds originally �.
<br /> � seaured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage. � �
<br /> ' ne«a cws 29th aay or Apri 1 p.D.,197$
<br /> �!i�?lJt.�r�
<br /> er n os en
<br /> :.; Delores M.Yosten �
<br /> f STATE OF NEBRASKA,t u On this 2gth day of qpr�� 19 �$ ,betore me,
<br /> { COUNTY OF HALL j .'�-"
<br /> • i � �.� � � � � the undersigned,a Notary Public in and for said County,personally came �°`
<br /> Mer.lin N. Yosten and Delores M. Yosten, each in his and her own riahtand a� s�ouse of 1 �
<br /> =! . each OtIt81" 'Cvho ar �nauY�o�co � r�
<br /> ,�
<br /> ���� . �. me tobe the identical peraon5 whox nsme S , dPC' affixed to tt�e above instrument as mortgagor S and they severally
<br /> acknowledged the said instnunent to be� tF121 Y' voluntary act and deed. , � "'�
<br /> . � � . � WITNESS my hand and Notarial Seal the date aforesaid. . � , `'y��.��''�,
<br /> i 7 -''/
<br /> My Commisvon e ' `/� �-- /{,� �' ' / '
<br /> . . , QEIIFAAL tlOtARY•Sioto ol Mahnsb � L �� -���''r �'�i� �-�� -f-l'� �� �° /
<br /> � '� at.fwrtr � JOYM.BEi4ZLEY / ._t`Iotary.PG lic
<br /> m
<br /> � Hly Comm.EcA-SeDt.1.l�f f��� - .
<br /> ✓ 1
<br /> J
<br />
|