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MORTGAGE __ _ gg....• 105616
<br />MORTGAGE [DAN NO. L
<br />KNOW ALL MEN BY THESE PRESENTS: That Bruceh oberg, a single person,
<br />Mortgagor, whether one or more, in consWerstion of the am of
<br />Sixteen Thousand Six Hundred and no/ 100----------------------------------- - - - --- DOLLARS
<br />lasted to acid mortgagor by The F.quitabhe Buildm'ng and Laatt Association of (::and Island, Nebraska, Mortgagee, upon 166 shares of stock of
<br />aid ASSOCIATION, Ccrtificafc No. i_ , do hereby grant, convey and rourtgage unto the said ASSOCIATION Ate following
<br />described real caste, situated in Hall County, Nebraskr
<br />The Southerly Fifty (50) feet of Fractional Lot Four (4), in
<br />Fractional Block One Hundred Four (104), in Railroad Addition
<br />to the City of Grand island, Hall County, Nebraska, and its
<br />complement, to -wit: Fractional Lot Four (4), in Fractional
<br />Block One Hundred Four (104), in Koenig and Wiebe's
<br />Addition 'o -he City of Grand island, Hail County, Nebraska.
<br />togethet with all the tetemrnts, hereditament% and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storin windows. awnings, heatrtug, au aindtoning, and plumbing and water equipment and acctesaoties thereto.punya,stoves,
<br />refrigerators, and other fixtures sad equipment now of hereafter attached to in used to curtnurtinn with said real estate.
<br />And whereas the said mortgagor has agreed and dues hereby agtce that the rnoripgor shall and will pay all taxes and amts levied or
<br />assented upon said pemucs and upon this mortgage and the bond secured thereby before the sane shall become dehnquem; to furnish approved
<br />msutance upon the budding on said premises situated in the sum of S 1 b , b00.Oo Payabic to said ASS(X'IATiON and to deliver to said
<br />ASSOWIATION the policies for said insurance; and not to Commit or permit any waste on err shout said petraucs.
<br />!n case of default in the performance of any of the terms and rind liom of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demand, he entitled to Immediate -rtssesmin of the mortgaged pferniso and the mortgagor hereby assigns, transfers and sets over to the
<br />mtrtaagte all the rents, revenues sod intone to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the matgapee shall have the power to appoint any agent or agents it may desire for the purpose of repatrug said premises and renting
<br />the same and collecting the rents, revenues sod Inane, and it may pay our of sad mcone all expenses of repairing said premises and twoess ry
<br />commissions and expenses incurred in irmi ng and managing the wrote and of collecting :entails therefrom: the balance retraining, if any, to be
<br />applied lowatd the dacharge of sad mortgage unJehtedncs%; thew rights ref the nrtpWc may be exercised at any ture during the existence of such
<br />default_ orespective at any temporary waiver of the same.
<br />Thar Presents, however. ate rpm the Condition, Put it the said Mottgalto shall repay said loan on or before The maturity of said shares by
<br />payment; pay rtanihly to %aid ASSWIAllt)N of the sum specified in the ilond secured hereby as interest and principal on sad loan, on or before
<br />Ow Twentieth day of each and every month. until said loan is fully paid; pay all taxes and assexintents levied Against said premises and on this Mortgage
<br />and the Bond secured theieby, before deltnquervcy. furnish approved inswancc upon the buddmp thereon in the sum of S 161 60U .0o payable
<br />to said ASSOCIATION. repay to said AS.S()CIATION upon demand all money by it paid for such taxes. Assessments and insurance with intereo at
<br />the rttaxmuum legal rate rheinrn from date of payment all of whnh Mortgagor hereby agrees to pay, permit no waste on said pretniws;keep and comply
<br />with all the agreements and crmrltnins of the Bond tot S I C , UUU . Uothos day given by the and Mortgagor to and ASSOCIATION, and comply
<br />with all the requirements of the Constitution and Bylaws of sarJ A&SOCIAi ION, then these presents shall become null and void, otherwise they
<br />shall rennin in gull force and may br foreclosed at the option of the said ASSOCIATION after failure tot three months to make any of said
<br />payments or be thice months in aiteats in making said monthly payments, rr to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor a pees to have a re:xiwr appointed forthwith in such foreclosure proceedings.
<br />If there is any change in ownership of the real estate mortgaged herein, by ale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Building and loan Association of [amid Island,Nebraska,baxtme immediately due and payable without
<br />fuuth:t notice, and the amount remain". due under aid bond, and any other bond fm any additional advances trade thereunder, shall, from the
<br />date of cxetcne of said option, bear utetest at the maximum legal rate, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />btrtd,and any other bond for additional advances, together with all sums paid by said The I-,gwtable Building and Loan Association of Grand Island,
<br />Nebraska for haurance, taxes and aaesurents, and Abstracting extension charges, with interest thereon, from date of payment At the maximum
<br />kpl rate.
<br />As provided in the Braid secured hereby, while this mortrpge remits in eflect the mortgagee may hereafter advance additional soma to the
<br />makers of aid &i d, theu assigns or successors in interest, which suns shall be within the security of this mortgage the same as the funds originally
<br />secured thereby, the kital am cunt of -xincipab debt not to exceed at any tome the orrginal amount of this mortgage
<br />Dattd thu day of
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<br />STATE O!• NEBRASKA,
<br />x%. stn this day of
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