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<br />MORTGAGE _ _ _ _
<br />MORTGAGE LOAN NO ~ 23368
<br />KNOwALL~tENBYTHESEPRESENTS:That Robert B. McCarty and Miche??e A. i~icCarty, each in his
<br />and her own right and as spouse of each other,
<br />Mortgagor, whether one or more, in conslderatien of the sum of
<br />Fnrty Thnucand Eight Hundrad anri No/IOi1-----------------------------------------~I)nLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 4D$ shares of stock of
<br />said ASSOCIATION, Certificate Na. L 233623 , do hereby grant, convey and marteaat ante the said ASSOCIATION the follo:vir>g
<br />described real estate, situated in Hall County, Nebraska:
<br />!_OT ELEVEN {?i), IN BLOCK FIVE (5), IN
<br />BEL AIR ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />together with ail the tenements, hereditaments and appurrenances thereunto belonging, including attached floor caveriags, all window sheens,
<br />window shades, blinds, storm wnrdaws, awnings, heating, air conditioning, and plumbing and wafer equipment and accessores thereto, Bumps, stoves,
<br />rrfrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And w'irercas tht 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 premisrs and upon this mortgage and the bond secured thereby btfo*e the same shall becomr delinquent; to furnish approved
<br />instrran~c upon the buildings an said premises situated in the sum of 540 $DD, QO pa}'able to said ASSOCIATION and to detiv^er to said
<br />ASSOCIATION the palicirs for said insurance; and not to commit or perrmt any w-asrz on ar about said premises;
<br />In case of default in the perfarmanct of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on detrtatzd, t>Q entitled to immediate pusses~ion of the mortgaged premises and thr mortgagor hereby assigns, transfers and sets over to the
<br />mottgagte a[ the rents, zet~enuts anal income to be derivxd from the mortgaged premises during such time as the mortgage indelitedrress shall remain
<br />unpaid: and the mortgagee shall hour the power to appoint any agent or agents it may desire for tier purpose of repairing said premises and renting
<br />fire same and atBeczing the rents. revenues and income, and i*. may pay out of said inrome all expenses of repairing said prettrises and necessary
<br />atnmissians and expenses irtruntd ir. renting and managing the same and of calecting rentals they€from; the balance remaining, if any, to be
<br />applied [award iht disc}targr of said mortgage indebtedness; thew ri¢hts of the mortgagee tray br exercisrd si any time during the existence of suctt
<br />default, u~respectne of any temporan• waiv€r of the same.
<br />T}mse I'rrsenis. however. are upon the Condition, That if the said Sortgagor shalt repay said loan an or before the maturity of said shares by
<br />payment; pay monthly to said ASSOCiA7~lON of the sum specified in the Iiord se€ured hereby as mteztst and principal on said loan, on or before
<br />the Twtrtitih day of rack x43? r.rn month, until slid loan ~ fully paid: pay all taxes and assessments levied against said premises and on this Mortgage
<br />a2ttt the 8sand sccursd thtreb}~, brfarr dtlinqurr.7-; turntsh epproved insurance upon the buildings therear. in the sum of $ 4D, 8()Q. fl0 payable
<br />-c. sad A.S$;;•<.; gT;C'ti::e3,a to saed ASS;r}CIATIO! up n draa.^.d all :tror+~:~ by :, ^~id for s,:ch taxes. asszs~^.:en*.s and insurance with interest at
<br />the tnauitr ~:rr,:rt :egxi rat[ t:*aerr.rr. t'r.~m d3tr ci ~yt;rert a:l of wht~is Mortgagor hrrrby agrees to pay: permi*. no waste on said premises: keep and c ompiy
<br />will: ail tht agrtemrnts and ;xnd:ttons <af the $and for 540: 300. DD thv dog- given by the said Mortgagor to said ASSOCIATION, and cromply
<br />xrith sE thr rrqutrernrrtts of tl;e Cartstttution and By-Laws of sand ASSOCIATION; then these prtsrnts shall become null and void, otherwise they
<br />sttali seznair+ :n full for.x and tna} be farcuased at the option of thr said tSSOCIATION otter failure for three months to male[ any of said
<br />payrrsrrts ar tx three trrartt:s in o[[[ars ir: making said trtanthl} Payments, ar to kelp and comply with the agreements and conditions of said $ond;
<br />attd \Icrrgagor agsers tv' luoe a rtcei+rr appaimed tarthwith in such fore€lasure prJCeedings.
<br />if :krze is any :2tange in ownerstap of the real estate mortgaged herein, by sale or atherwisr, then the entire remaining indebtedness hereby
<br />srcurrd shsL, at tlst Jpt>an of The Equitable B.ilding and Loan. Assacution of Grand Island.Nebraska,became i.°nmediattty due and payable without
<br />f}.rttcer notir-r, ao-~ the atuauat rerzuinutg uue under said bond, and any atltet bond far ary additional adranas trade ihtrzundtr, shalt, from the
<br />*~ of exrr:~ of ~~ ept~~n, btar_nterrsz at =he ma*im;i-n legal rate, and tl~.is titortgage may then be fwedosrd to satisfy the amount due an said
<br />bend,and any other bond for additxenal adsan€es, togetl:tr wish ail surtts paid b} said The Equitable Building and Laan Association of Grand island,
<br />Nebra~a fJr _r s=_*ux, taxes ~;! asse~~itenis, and =_bstzac=t=ng extension charges. with inierrst therran, from date of payment at the rtfaximum
<br />iegil rat[.
<br />As provided in the Band secured hereby, while this mortgage remains in effect the tnortgaget tray hereafter advance additional stuns to the
<br />rna:trrs of said Bond, [heir assigns c.r ;hcrstars in inter•3t, w}irttt sums shall bt within the security of this mortgage the same as tht funds originally
<br />sF€tatd t#~rtlsf, tix natal art_wunt of principal debt nai to extxed at any tir:tr tltt ar3inat arnaunt of this mortgage.
<br />uar d t .4 y of March ~ o i 9 79
<br />f~ f
<br />e ~ t.d~'
<br />~cht1 a A. ldcCarty
<br />STATE fll; NE$RAS[CA, ~ pn this 23rd day of March I9 79 ,before me,
<br />COL'Ii2 t ~ fiALL
<br />Rtl~ert B, MCCdrty dnd Mli Che l l e A. McCarty, the undersigned, a Notary Ptrbtic in and for said County. gerwnatty came
<br />each in his and her am r~~t##c.~spouse of each other, who dre personally known to
<br />~e iobc the i~nticsl perrtrn 5 ~ •-,~,{~sffixed to the above instrtumnt as mortgagor $ and they severally
<br />w~-
<br />apkn~.'~d tix wid instruurHtt to b4`t'TT' xvlttiKar~ y1# and deed.
<br />WITNESS my 6aad ~d'Notariat9rrattiye dateefor4iaid.
<br />~ -'t'~
<br />Notary Public
<br />atsat at `~.: ..,,.
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