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<br />IifMT AOG $6—. 105997
<br />MORTGAGE LOAN NO. _ L 24, 63
<br />KNOW ALL. WEN BY THPSI: PRISE M: That Janice M. Simmons and Merle G. Simmons, eacd in his and
<br />and her own right and as spouse of each other, M
<br />pgpr, whether one ce atastre, is consideration of the trots of
<br />Twelve Thousand and no/10fJ-- -- - -- -------'-'- "--------- _-- --------- '_"- - - -- -- -7WL1ARS
<br />kened to maid monppx by The Rputabk Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 120 sham of stoat of
<br />said ASSOCIATION, Certificate No. L 24, 63$ , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, sitrated in NaU County, Nebraska:
<br />Lot Twelve t1c ?, in Block One ' S
<br />,1i, in Gosda ubdivision,
<br />Hall County, Nebraska
<br />together with all the tenements. hmeditarnents and appurtenarncrs thereunto bekniging, including attached furor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heati» g, ait condntrnning, and plumbing and water equipment and accessories thereto, purrnpr, strives,
<br />refrigetattxs, and other fixtures and equipment now or hereafter attached to or used in coxnnectton with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the rrrtgagor shall and will pay all taxes and assessments levied or
<br />astes®ed upon said premises and upon this mortgage and the band secured thereb before the same snail become delinquent; to furnish approved
<br />on
<br />insurance up the buildings on sand premises situated in the sum of S 12. ')t.:0 - `fir ixavable to said ASSOCIATION and W 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 col defauh in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgage shall,
<br />on den nand, be entitled to immediate possession of the niortgaged premises and the mortgagor hereby a=*itrts, transfers and sets over to the
<br />mortgagee an the rents, revenues and income to be derived from the nxottpgeti premises during such time as the mortgage indebtedness shall remain
<br />unpmW-. anti the mortgagee shall have the power to appoint any agent or agents it tiny desire for the purpose of repairing said premises and renting
<br />the same and coWctitgl the rents. revenues and income, and it may pay out of said income all expenses of repairing said premises and necessary
<br />contlansions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remanting, 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 />default, utespective of any temporary waiver of the same
<br />Theis Presents, however, are upon the Condition, What if the said Mortgagor shah repay said loan on or before the maturity of said shoes by
<br />payment; pay monthly to said ASSOCIATION of the sum 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 paid; pay all taxes acid assessm -ots levied against said premmses and on this Mortpe
<br />and the Bond secured thereby, before delinquency. furnish approved insurance upon the buildinp,s thereon in the sum of S 12, 000.00 pey&W
<br />to said ASSO CIATIO W repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance wilt, interest at
<br />the maximum legal rate thereon from date cif 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 of the Bond for S 12 r 000.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Ctxnstntution and By-Laws of said ASSOCIATION; then these presents shall become nuts and void, otherwise they
<br />shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to matte any of said
<br />payments or he three months in arrears in malting said monthly payments, or to keep and comply with the agreements and conditions of said [kind;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreciostue proceedings.
<br />If there is any chance in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Egiutable Building and Loan Association of Grand Island. Nebraska, become immediately dare and pay" without
<br />fwther notice, and the amount remaining due under said bond, and any other bond for any additional advarxxs mice thennMder, snail, from the
<br />date of exercise of said option, bear interest at the maximum legal *ate, and this mortgage may then he fore4 used to satisfy the amount dire ow said
<br />boad,and any other bond for additional advances, together with all sums paid by said The Fgwtabie building and I.wn Asociatitm o( Grand Island,
<br />Nebraska far inswance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maitimum
<br />legal rate.
<br />As pircivitled in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional wins to the
<br />makers of said Bond, their assigns cot succemots in interest, which suits shall be within the security of this mortgage the same as the funds originally
<br />seewecd thereby, the total amount of principal debt not to exceed at any time the original amount of this mcwtgsge.
<br />Dated this 19th day of September A. D 19 xt7
<br />o'
<br />LLa M . " imm ;n s
<br />Merle C,. Simmons
<br />SIATE OF NRIiRA,SKA, ss_ 011 this 19 t'-1 day of Sao +�u tt>t r� 19 �t� Before ne,
<br />C:'MNTY OF IIALL
<br />the undersigned, a Notary public lic in and for said County, petsunslly, cam,
<br />Janice M. Simmons and Merl e C,. .`_>:.tllt'or,,,�;, eejch Ott an':l her, 'Judfl i' eft?, inn ai spouse `l' PciC:i,
<br />who Porarcmally l sown to
<br />C�tf"it�'i', ,tt rx
<br />tae to be the identical persosrt S whose name S ;I r` ° affixed to the stxwc insrriiooent ac m ottgtpot and ' tie? Y wverally
<br />actitrniwledwd the mil instrum�nt for be t -ht', i r" viceliatatar.v act an,l +lrM p
<br />%11NL4*% my toad and Nttjlm W u!l thhe elate aforesaid
<br />My CtmimAskiri eatpir s r¢
<br />WW X" ar NOUSM + ;tat 4 f'i. to
<br />w � &* Ma. 3* M
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