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86—.. 103507
<br />MORTGAGE
<br />MORTGAGF LOAN NO. L 24, 539
<br />KNOW ALL MEN BYTIISE PRESENTS: That Steven E. Purdie and Delphina Purdie, each in his and
<br />her own right and as spouse of each other, Mortgagor, whether one or metre, in consideration of the sutn of
<br />T�jrty -Two Thousand and no/ ?00----------------------------------------- --- --- - - - - -- DOLLARS
<br />loaned to said mortgagor by The Fquitahle Building and Loan Association of (:nand Pdand, Nebraska, Mortgagee, upon 320 shares of stock of
<br />said ASSOCIATION, Certificate No, L 24,539 , do hereby grant „covey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in flail County, Nebraska
<br />The Westerly Fifty -Hine Feet (5�j11 c Lot Four ?4) , (stock Six (6),
<br />in West.- r^offls First Subdivision of the City of •-,rand Island, Hatt
<br />County, Nebraska, except the Southerly Thirty Feet (301) thereof
<br />Deeded to tr. -ity of ,rand island, Hall runty, Nebraska,
<br />together with all the tenements, hereditament, and appurtenances thereunto hel„ntgng, including attached flcxsr wvenrrgs. all window screens,
<br />window shades, blinds, storm windows, awnings, hearing, au enndawri rig, and plumbing and water equipment and accessories thereto, pumps• stoves,
<br />refrigerators, and ,rthet fixtures and equrpmem now .sr hereafter attached m „r used in t, nnecuon with said real estate
<br />And whereas the said mortgagor has agreed and does hereby attr" that the m oitpagoi shat: •T will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this nuottgagc and Lite bond sc„rcd ittrrebv Wore the shall becon- delinquent: to furnish approved
<br />insurance upon the buildings on said prcauws situated , the sum sat ? c' ,oils) , t' ;Q
<br />n pavA - to said ASSWIATION and to deliver to said
<br />ASSO('IATION the policies for said insurancr. and n.,t to cornrmt or perms ary wade oil or about sad premises.
<br />In case of default in rte performance ..t am of the term,% and crmd,t,ons of it,,% mortgage , the bond secured hereby, the rnodgagee shall,
<br />on demand, be entitled to immediate pnsew. on of the mortgaged prcmrwe and the tnongagot . - assigns, transfers and sett over to the
<br />t»nrtgagee all the rents, revenues and income no he derived Irum the mongaged premises during ouch . , us the mortgage tndebtedness shall remain
<br />unpaid and the mortgagee vhall have the power to ap point any agent or agents it may desire for file puipne of repairing said premises and renting
<br />the same and collecting the rents. revenue%And neon;, and it may pay sort of ,aid ,neon,% all eapenses of repairing said premises and necessary
<br />crtmmustons and etepenws incurred in ienting and nwnagt:gt fire same aq,i „f ,,Meeting rentals thenotcorn, the balance remaining, if any, to he
<br />Applied toward the discharge if said itorigegr :ndchtedress these right, •.,l the vwrigager may he exercised At anv time during the existence of such
<br />default, irrespective of any teunprwy warwi of the saint
<br />These Presents, however, arc upon she Condition. That It the said %,tigagor <hali repay •,ail loan un or betbre the maturity of sand shares by
<br />payment, pay rrtunthly b, said ASSO( IAT ION of the sum specified ,n the 11•,ml toord herrhv a% interest and principal on said loan, on or before
<br />the Twentieth day ,4 each and even month, until said loan es fully paid pay all fax,., and assessments levied against Card pierruses and on this Mortgage
<br />and the Bond secure,! thc,ehs. !elute drfnquency . ftrrmsh approved utsuran.c ulx,u ✓tic buildings thereon n the cum of S 1" .000.','o payable
<br />to said AS.4OCIA 1T10%, repay to card ASS(1('l sk TION upon demand nil n,onev hs +t turd t,,r .ucb taxes, asseesrnrnts and Insurance with interest at
<br />the maximum legal rate ,here on from date id payment all sat which tlmlgago, Serrb� .ogrres to pav peim,t no waste on said premises :keel, and comply
<br />with all the agreements and conditiom of the bond list S ' ' , M o - tl" this day pwTn by rite aid Mortgagor to satd ASSOCIATION, and comply
<br />with all the requirements of the Consul-awn and By l Aws of said ASS(X'IA110%. then these prosents ,hall become null acid void, otherwise they
<br />shall remain us full f,orcr and nny he loreclosed at the option of the said ASSOUATION suer failure for three tmonths to make any of said
<br />payments or he thee✓ months in attests in makug said inonttnfy paylni is..,, (u keep and ,amply with the agreements and conditions of said Bond,
<br />and Mortgagor agrees to have s receiver appointed forthwith in such imeclosure p—Leedngs
<br />It there is any change in ownership of the real estate i ortp},ged herein• by sag or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The I grrtabie Building and Loan .Association :ot (:land Island. Nebtaska,becume utmtediatehy due and payable without
<br />further rwrie, and the artrount renuauonF dur undec -,aid hand. and any ilher bond for anv Additional advances made thereunder, shad, from the
<br />date of exercise of said •Ipinn bear •ntrrrst at the iraximuas legal ,ate, and this mortgage inay then he loreclowd to satisfy the amount due on stud
<br />bond.and any outer brad to, additonal advances, i „getter with all sums paid by said The Equitable Budding and 1 can Association of (:rand Island,
<br />Nebraska hit insuran”, eases and ax%essumenls, and shstractng exten..ton charges. with imterrei thereon, from date of payment 31 the maximum
<br />legal late.
<br />As provided in the Bond secured he,ehv, while Ins% tnoigage remains in eflect the rottgagee nnay hereafter advance additional sums to the
<br />maker%of Said Bond, their assigns .,r u,cr%so,s in u,teresr. %hi,h suru %.hall ke within On: ucunty sat this mortgage the same As the fundsortginally
<br />secured thereby, the tuiAl amount „t prancipat dehr n,•t to rx,eed al any tonne flit original amount sal this mortgage
<br />led this 30t. 'l :.ry •,r .suns•
<br />ve E ill e s
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<br />Delyttirta Purdie
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