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85-- 104902
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 24,617
<br />KNOW ALL MEN BY THESE PRESENTS: That Lawrence E. Binder and Jane M. Binder, each in his and
<br />her own ri�h> and as spouse of each other, MoR>4 ,tether otte or mote, in considetarion of the mm of
<br />Fifty n r Thaf? sand and - yes/} 0{ 7----------- _--------- -_- - - - - -- ----- -- -- --- -- ----COLLARS
<br />band to said moi tgagor by The Equitable Buiidiug aid Liam A� ttf (.rand Irbtid; Tlebndca, MOAPve, tsli m 540 dam of stock of
<br />said ASSOCIATION, Certificate No_ L 24,617 dn.beteby gram, coney and matttgage unto the sad ASSOCIATION the fonaw+irtg
<br />described teal estate, situated in Hall County, Nthtaska:
<br />Lot Forty Four ;44?, in Capital Heif-, is Seventh Subdivision,
<br />Hall County, Nebraska.
<br />- together with all the tenements, hereditarnents and appurtenances thereunto belonging, including attached floor coverings. all window screens, _
<br />- window shades, blinds, storm windows, awning, heating, an arnditioning,and plumbing and water equipment and ransom s thereto, primps, strives,
<br />: refrigerators, and other fixtures and equipment now of hereafter Attached to or used in amrsectisn with sail real estate. - - -
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and wal pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby Wo ore the same shall become debtpent; to fumish appr;md
<br />- insurance upon the buildings nn said premises situated in the item of S 'y 330. L u payable to said ASSOCIATION and to deliver to said '- ASSOCIATION the policies for card insurance; and not to commit or perrut any waste on or about said promises:
<br />In rase of default in the performance ofany of'thc terns and conditioser of this mortgage or the bond secured hemby, the mortgagee shall,
<br />on demand, be entitled to immediate possession of 1110 mortgaged premises and the mortgagor hereby mown, tratraas and sets ova to the
<br />murtgagee all the rents, revenues and income to be derived from the mnostpsged premises during u cot time as the
<br />unpaid: and the trairtgtgee shall have the power to appoint any agent or agents it may desire for the Purpose of repo gage s�ne>s Shalt Boning
<br />rt�riag psesaayss and renting .
<br />the same and txtlketirng the ants, terermtes aril income, and it may pay out of said income a8 expenses of repairing said premises and necessary
<br />commissions and expenses incurreri in renting and mason the same and of collecting rentals therefrom: the haianx mmaasinig, if any, to be
<br />r applied toward the discharge of said mortgage indebtedness_ their rights of the mo rt_gaget
<br />e default. irrespective of any temporary waiver of the same
<br />exercised at any mute during the existence of such
<br />f These Presents, however, are upon the Condition- That if the said Mwtgagot shalt repay said loan on of before the maturity of sari shares by� .
<br />' . payment: pay monthly to said ASSMIA I1t ??-f of tote snni specified in the Bond secured hereby as interest and principal am said scan, on or before
<br />t the Twentieth day of each and erety, norm sort le. ustt h said loan is fiiliy, paid* pay all noses and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thetebti , before deter t..,n,) .1uruish approved intruixace upon the b -
<br />_ to sari ASSOCIATION, repay upon Bey inklings su thereon usihcatmof nimin uncei;. i - payable
<br />pay air said A.4Stit lATI(?*i demand a8. it for soli taste, asarnmtets and ffisutatrEe with interest at -
<br />_ the maximum legal rate thereon from dame +rf payment all of which Mortgagor hereby agrees to pay, permit no waste, on said premises; keep and comply
<br />with all the agreements and conditions oft e -Bond for S r 4 300 0011131 day given by the said Mottgagot to said ASSOCIATION, and comply
<br />requirements -
<br />with all the requirements of the Constitution and By Lawstfssid ASSflCiATION; then these presents 1108 become m& and void, otherwise they
<br />stall remain in full force and may he foreclosed at the optxm of the said ASSOCIATION after fa0urt for three months to hake any of said
<br />payments or be three months in arrears in making said monthly paymr mts, w to keep and comply with the agreements and conditions of said Band;
<br />and Mortgagor agrees to have a rerxivrm appointed forthwoth in such fmcclosmrme proceedings-
<br />If there is any change m ownership of the real estate mortgaged herein, by oak or otherwise. then the entire rest smaig indebtedness hereby
<br />secured shall, at the opt ion of The Equitable Basildmg and Loan Association of Band Island. Nebraska, become immediately die and payable without
<br />farther notice, and the amount remaining die under sail bond, sand any other bond for any additional advances trade thereunder, dudL from the
<br />date of exercise of said option, best interest at the maximum legal roe, and this mortgage may thew be foreclosed to astisfy the amount doe on said
<br />bond, and any other bond for additional advances, together with all sums paid by said Tire Equitable budding and Loan Association of Graff Island,
<br />Nebraska for insurance, taxes and assessarents, acrd sbstrac-ti talensian charges, with interest thereon, from date of payment at the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, white this mortgage remains in effect the morrtgaga may hereafter advance additional aims to the
<br />makers of said Bond, their assigns or successors sn unrest, whk.b summ 0" be wnhsn the security of this mortgage the sur c as Else furls origioany
<br />secured thereby, the total amttunt of principal debt mat io axcecd at any time the arigaw amount of this murxpge.
<br />yfbstw this 295 f�j day AihtiusL A. fl„ 19 66
<br />A'Q wr en �' I,� _.
<br />S : OF NEBRASKA, u tom this 29th,, des of
<br />CtAfiM OF HALT. y At Utst lq ;' . bctixt m,
<br />. ' f use underargned, a Notarp Public m and for sand Count),. paraon&4 auae
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<br />w'1 T'Nh ti ,ry nareQ aril kortaavil wr�aN the date tfotesaid _
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