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X36-- 103'713
<br />MORTGAGE See L 20.1305
<br />!MORTGAGE LOAN NO. f • 24,543
<br />KNOW ALL MEN BY THESE PRESENTS: That Burt L. Harness and Caryl A. Harness r each in: his and
<br />her am right asla as Siplxa9e of each arller, Mortgallor, whether one or mote, in csnridelatim of the am of
<br />-- - _ -- ,,,L__- -�—a itnn— ---- - DOLLARS
<br />Fumed to mid moriplar by The Equitable Building and Loan Association of Grand island, Nebraska, Mortgagee, upon 170 shales of sttsck of
<br />said ASSOCIATION, Certificate No. L 24,543 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described rag estate, situated in Flail County, Nebraska:
<br />Lot Nine (9) in Block One (1) in
<br />Jenkinson Subdivision, Hall County,
<br />Nebraska.
<br />together with 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 hereafter attached to os 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 assessments levied or
<br />assessed 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 situated in the sum of S 17, 000.00 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 or about said premises;
<br />in case of default in the pecfornanae of any of the terms and conditions of this mortgage or site bond secured hereby, the mortgagee, shag,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, trairders and sets over to the
<br />mortgage all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the mortgage shall have the power to appoint any agent tit agents it may desire for the purpose of repairing said premises and renting
<br />the same and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting( amt moo uft the same and of collecting rentals therefrom; the balance retrniahrg, if any, to be
<br />applied toward the discharge of said nx4tgage indebtedness, these rights of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespective of any temporary waiver of the same_
<br />These Presents, however, are upon the Condition. That if due said Mottgagor shall repay said loan on or before the maturity of acid shuts by
<br />payment; pay monthly to said ASSOCIATION of :he cum specified in the Bond 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 pad; gay all taxes and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, before definqurmy; furnish approved insurance upon the buildings theteon in the sum of $17 r 000.00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by et paid for such taxes, aaexxrtrents and insurance with interest at
<br />the maximum legal rate therein from date of payment all of which Mottgagor hereby- agrees to pay; permit no waste on said premises;keep and comply
<br />with all the agreements and conditions of the Bond for S 17 000.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and Bir-l.aws of said ASSOCIATION; then thew presents shall become null and void, otherwise they
<br />stab remain in fun fora and may be form -kistd at the option of the raid ASSWIATION after failure for three months to matte any of said
<br />psyments of be three mtmtits in &treats in making said monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and Morippot specs to have a receiver appointed forthwith in such futecimure proceedings.
<br />If there is any change in ownership of the teal estate mortgaged hetem, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured a". at the option «f The Equitable Building and Loan Association of Grand island, Nebraska, become immediately due and payable without
<br />further notice, and tiro amount remanmg due under said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />date of exercise of said option, bar interest at the maximum legal rime, and this mortgag may then be foreclosed to satisfy the amount due on said
<br />Mind, and say other bund for additional advances, together with all suns pad by said The Equitable Budding and Loan Association of Grand Island,
<br />Nebta lea for assurance, taxes and amemments, and abstracting extensor charges, with interest thereon, from date of payment at the maximum
<br />wad file.
<br />As ptnvidod to the goad weaned hereby, while this mortgage remains in effect the mortgagee tray hereafter advance additional suns to the
<br />[rakers of raid Bond, their assigns or sucaxssots in interest, which sums shall be within the security of this mortgage the same as the funds originally
<br />actind thereby, the total amount of principal .debt not to exceed at any tine the ortginal amount of this mortgage.
<br />Dated( 4 „3rd day of July A.ta..le 1:36
<br />z �Ge•1.t�1
<br />STATE OFT NEBRASKA. a, 00 this 3rd day of July 19 66 , before tux,
<br />C(XW Y OF HALL.
<br />the undersigned, it Notary Public ear and for std County, peratxalty attire
<br />RobkwZt L. Harness eUxi Caryl A. liarrx as, each in his ant tx!r out: rirt, arxi� s x�uu,of etch
<br />tXt�llt'e
<br />am i icj.'is t{rt itlliasiCal,parson S Whose name S a.t'E'. alfised to tote ahuve mstrunmettt u muriptegtor S and they severally
<br />- 44*jior�1h0 AWV stWo rsrut to he tlSlr volunisr) act and raced,
<br />tiyT!tlM ray ha.d and hc-+aiag Seat tha date atotevatd
<br />'•Ir C r>t omwKw tat ere, �x,r F�trhli<.. _.
<br />101141,114 p � flanla) li 1llsrlMt lhlast Trills
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<br />3tatt erg ;y(tasoutk Canny out Ishirrton
<br />M7 CuTeen•tw'cr. R•Ferm A,snu.t t i t<.- .
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