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<br /> � 78-• 003235
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<br /> MORTGAGE � �� "�„�x�s��a�
<br /> MORTGAGE LOAN N0. L Z3.13O � � ����E��'�"�;�
<br /> ia�towaL[:�vsYr[�ssrRsserrrs:rnae Howard S. Hinman and Catherine 0. Hinman, his wife � , r..,� ���ry
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<br /> '� ' ` Mortgagor.whether one or more,in conaideration of lhe sum of + y r�''� #
<br /> Forty.Thousand and No/100---------------------------------------------------------�or:i.wRs s 5"�
<br /> � loaned to said�mod �
<br /> gagorby The Equitable Building and I,oan Association of Grand Island,Nebraska,Mortgagee,upon 4�00 shares of atock of v � t• ��
<br /> said ASSOCIATION,Certlficate No.L 23, y grant, conve and mort � "
<br /> 130 ,do hereb y gage unto the aaid ASSOCIATION the following � � . ;
<br /> �, deacn'bed roal estetr,situated in Hall County,Nebraska: ,w-p,
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<br /> � THE WESTERLY TWENTY-SEVEN (W27) FEET OF LOT TWELVE (12) AND THE EASTERLY " r { ; ��
<br /> �� FQRi'Y-1YINE (E49j FEET-0F LQT THIR'fEEN (13j IN HRG6ES' SUBOIVISION OF R � �� � .�'���
<br /> ,i PART OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER �NE;NW4) ANQ A � ` ' �
<br /> �, RART OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER NW;NE4) ALL IN , : � `ti�' `2?x'
<br /> aj SECTION 'TWENTY EI6HT (28), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) � ��z� ��
<br /> ; WEST OF THE 6TH P.M. IN HALL COUNTY> NEBRASKA. � �r�.};}
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<br /> together with sll the tenements,hereditaments and appurtenances therounto belonging,inciuding attached floor coverings,ell window screena, � Y� s3�-+"���-�
<br /> .rinaoW�a�g,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipmrnt and acasaories thereto,pumq;stoves, � q ��`��r t���
<br /> ref[igerators,end other fixtures and equipment now or hereafter attached to oc used in wnnection with said real estate. .� � � �� � �� _� � j,-�y�;
<br /> And whereas the said mortgagor has ageed and does hercby agree that the mortgagoz shat!and will pay all taxes and asgesamenU Ievled or +
<br /> asussed upon said premises and upon this mortgage and the bond xcured thereby befoze the same shall become delinqumt;to furnish apptowd '�'�'`����� ,
<br /> � insurance upon the bw7dings on said premises situated in ffie sum of$ �}Q��0�.�� payable co said ASSOCIAT[ON and to de$wr to said
<br /> ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said prcmiacs; � ;�a�`S-�;�a
<br /> 1n cau of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee ahall, ��"fi"`���
<br /> ��F'.� on demand,be-entltled�to immediate��possession of the mortgaged premixs�and the mortgagor hercby assigns, transfen and�sets over to.�[he .�� � ,,;;�s��3�F;�..� <�
<br /> mortgagee ali the rents,revenues and incomt to be derived from the mortgaged prcmixs during such tlme as the mortgage indebtedness shall remain ti
<br /> � mpaid;and the mortgegee shall�have the power to appoint any agrnt or agents it may desire for the purpou oF repairing said-premises and tenting � � ��
<br /> khe same aad collecting the rcnts,revenues and income,and it may pay out of said income all expenses of repairing aaid premises and neceaasry t a<.,�fis,�'����.�
<br /> �}� ..commissions and expense�s incurred in renting and managing the same and of collecting rentals therefrom:ttu balance remaining,if any,to be .� 4�*����r"��,�
<br /> "appIied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercixd at any t'une dwing the existena of such � � � k� �it�
<br /> � default;irrespective of any�temporary.waiver of the same. . � . � �:�� �� ��.�.-� ����. � +' v� i'� �r
<br /> These Presents,however,are upon the Condition,That if ffie said Mortgagor shal!repay said loan on or before the maturity of�sid ahares by � �� �h �k �����
<br /> paymmt;pay monthly�to�said�ASSOCIA7'ION of the sum speci�ed in�the Bond�secured hereby as interest and principal on said losn,on or before . � 5 'i� v',�1x���
<br /> the Twentieth.day of each and every month,until sald loan is fuily paid;pay a11 taxes and assessments levied agains45aid premises and on this Mortgage .���r a
<br /> and the Bond secured thereby,before delinquency•furnish epproved insurance upon the buildings thereon in the sum of S 4O�OOO.00 payable a t* s�<t ���
<br /> to said.ASSOCIATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,asussments and insuronce with lntuest at � j t �^. �z�ra
<br /> the msximumlega!rate thereon from date oF payment all of which Mortgagor hereby agrees to pay;permit no waste on said premites;keep and coroply � � � � �.�.tz��y:
<br /> with al!the agreements end condi4ons of the Bond for$4O,�00•�� this day given by the said Mortgagor to aaid ASSOCIATION,and comply � �e �;��
<br /> with all the requirements of the Constitution and ByLaws of said ASSOC[AT[ON;then these prexnts shalt become null and void,otherwiae thry i ' � ''?P ��
<br /> .stiall-�temain�in Full�force and may be foreclosed at the option of the�said ASSOCIATION after failure for three months to make any�of said t ��{' .,���} e,����
<br /> payments or�be.three months in arreara in making said monthly payments,or to keep aod comply with the a�eements and conditiom of said Bond; �� � m,}��,g�
<br /> and Mortgagor.agrees to hayqa receiver.appoioted forthwith in such foreclosure proceedings. � ��� � .� ��.� _ �, y �`��,,�.
<br /> �It there�is�any change in ownership of the reel estate mortgaged hercin,by sale or otherwisc,then t6e mtire remaining indebtedneu hereby ��� '�q�,n�
<br /> secured shell,at the option of The Equitablr Building and Loan Association of Grand laland,Nebraska,become immedietely due and payable without � , �� ;'?'
<br /> further�notice,and�.the amount�.rcmsining due under asid bond,and any othu bond for any additionai advances made thereunder,shall,from the . -,-- i,.<,
<br /> date of exucise of said option,bear interest at the maximum legal rate,and this moctgage may then be foreclosed to aatisfy the smount due on ssid ,:s,'��
<br /> bond;and any other bond for additionel advanas,together with all sums paid by said The Eqtitable Building aad Loan Aswciation of Grand Island, X � �J,'�''�
<br /> Nebraska for insurance,taxes end assessments,and abstracting extrnsion charges,with interest thereon,fiom date of payment at the msxim� + �sr+r�'',��
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<br /> As provided in the Hond xcured hereby,while this moftgage remains in effect the mortgagee may hereafter advanx additional auma to the `��"���
<br /> makecs of said Bond,[heir aseigns or succeuon in interest,whioh sums shalt be within the security of this mortgage the same as the funds originally 9 =`�" Y'
<br /> iecuced thenby,;the total amount of principaf debt not to exceed at any time the original amount of tlils mortgaga ;,,r3 �
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<br /> " �nL�/��aLL'us 26th f May a.n.,i�g � �+��
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<br /> � r' �ST rE ds�JEsxAsxw ac On thc:` 26th a8y or May 19 78 � � �;
<br /> �z �,a.�COUNTY OF.�iAid.�;� ,before me,
<br /> ��, f ° � ehe undersigned,a No[ary Public In and for aaid County,peraonally came � �'
<br /> �,_r HoWard 3 � Yi�nman artd Catheri ne 0_ Hi nman, hi s wi fe Wno are p���+�a11Y known u
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<br /> k°�« ��lobr�niddatG�pere6n5, whostuameS a1"e., affixedto'theabowinst mortgagors aad th2y eevenIIy "'
<br /> �` ,f ,�iuflnowled�ea:skc ta6a�os�iiment io ug . �F1ei r voluaary aer and.aeea.
<br /> �: \V1TNB3S;my hand uW Notadtt Seal the'dste afotatld. /�e��
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