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<br />MORTGAGE _ _
<br />MORTGAGE IRAN NO. L 23 , 565
<br />xNOwAU.MENS~Tttesi:l=Rfsc*tTS:That Roger C. Wooden and Beverly A. Wooden, each in his and
<br />her own right and as spouse of each other,
<br />--Mortgagor, w#te[her one or mare _b consideration of the sum of
<br />Twenty-Four Thousand four Hundred and No/100-~_ ------- ------ ~~~
<br />based to said mortgagor by The Equit~tlc Building and loan Assaciation of Grand Island, Nebraska, Mortgagee, upon 244 shares of stock of
<br />said ASSOCIATION, Certificate No. L 23 s 565 , do hereby grant, convey and mortgage unto the said ASSOCIATION the folbwing
<br />described real estate, situated b Hall County, Nebraska:
<br />LOTS EIGHT (8) AND NINE (9) IN BLOCK EIGHT (8)
<br />IN THE ORIGINAL TOWN OF CAIRO, NEBRASKA.
<br />together with all the tenements, hereditamenFS and appurtenances thereunW belonging, inchrdirrg attached floor wvczirtgs, aB window screens,
<br />wirrdaw shades, blinds, storm windaws, awrein~s, heating, air wnditioning, and plumbing and water equipmenE and accessories thertSO,ptttnlrs,stoves,
<br />refrigerators, and ocher Textures and equipment now ar he:eafter s[tac#ed to or rrsed ut tonnettion with said reef estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shalt and will pay atI taxes and assessreents levied or
<br />assessed upon said premises and upon this martgage and the bond secwed thereby before the same shall lxcom2 detingttent; to fttrn#sh approved
<br />insurance upon the buildings on said premises situated in the sum of S 24, 400, DO payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insuraztce; and hat to ixtmntit ar permit any waste on or about said premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the band secured hereby, the mortgagee shall,
<br />an demand, be entitled to immediate possession of the mortgaged premises and the trwrtgagor hereby assigns, transfers and sets am [o the
<br />rrarrtgagee all the rents, revenues and in[xime to be derived from [he mortgaged prmuises during such tirrte as the mortgage indebtedmss shall remain
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire far the purpose of repairing said premius and renting
<br />the same and ra.+llecting the rents, revenues and inca:ne, acrd it may pay out of said inmme all expenses aC repairing said premises and necessary
<br />commissions and expenses intoner! in rentug and managing tree same and of collecting rentals therefrom; [he balance remtiting, if any, to be
<br />applied toward the discharge of said awrtgage indebtedness; these rights of the mortgagee may be exercised at any time during the existtnee of rude
<br />defardi, irrespectitrc otar,y temporary waiver ot'the same.
<br />Tficse Iresents, however, are upon ti=.r. Candition, That if the said Mortgagor shall repe}° said ban on o[ before the maturity of said shares by
<br />payment; pay rttanthly to saW ASSOCtATION of the sum sfxtified in the &md secured hereby as interest and principal ore sald ban, on ar before
<br />the Twatnicth day oC each and every rratnth: until said tea=: u fully paid; pay all taxes turd assessrttents levled against said prctaiaes sad m this Mort;tsge
<br />s[[d the frond soured t#tareby, before delinquer[cy; fumis:. approved insurant~ upon the bui#d'u-tgs thereon b the sum of $ 2Q, 4(Q{). (~~ payable
<br />to said A~tY'L4fi7trN; !e pay to said ASS(tt'1;'i f`t[}N upon do n[at[ri ail money by it paid far sue;h fazes, assessmwets atxf ~ with interest 8r
<br />F!x tttaxt!n[tnt - ,1 rntn er,ererin frt,rn .tyre ,tf nav.,,er.r all r.f ,y#til'f: Martonoa!!tt!fh ' °•M-3 to nai !ef? wa-.-rat ~.d Srtrla'
<br />•" -_ , ~ ~ Yom- ;=ay;iK ". tut ,k ~+ly
<br />[s'it# ail th,e agrt~ntents a:~td ~radstionsaf the #ktst-d fx S 24 -4~,~. OQ~#is day gin by t#a: ~.tt! Mast~gvr to salt E~S~1't'i£~v#, a~;~tp#y. __..
<br />with aft the requuentents of the Canriitutian artd By-Laws a~ said ASSOCIATION; then tht~ presents shall become nuB and void, othenrsc they
<br />shag remain in full force and may be toretlosed al the uptian of the said ASSOCIATION afar failure far three months to tmke acy of raid
<br />paytrtents or br three nwnths N arrears m making said monthly payments, or to keep and comply with the agreements and cottditiorta of said Brsnd;
<br />and Mortgagor agrees to have a receiver appaint.ed farthwrth in such foretktsure pr<rteodings.
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedoem hereby
<br />secured shag, at the option of The L;yuitable Building and Laan As~cxiation ot'Grand 1slnnd,Nebxaska,btcotne immediately due andpayabk w%tMrut
<br />further notice, and the anwunt rontaining due under said bond, and any outer bond far any additional advances rude tftertmedet, ttha!!, from dte
<br />date of exerttise of said aptitrn, bear interest at the t[!axemum legal rate, and this Mortgage may then bt foreclosed to sandy the ataount due oo said
<br />bond, and any o1F.er bond for additiortat advarrces, together with alI surlts paid by said The Equitable Buadiag sad Loan Asttr>cittiwt otCrattd fabtnd,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date u! payment at the ttnaimum
<br />legal rate.
<br />As provkbd in the Band secured hereby, while this mortgage remains in effect the mortgagee may hereaRer advaatx additwtttaf sttrtn w the
<br />makers of said Band, their asaignsur stnr-rsuns in iute+rst. whech sums shag be within the stitiurity of th#s trtortgage lire same as tltt ftmdsorigittaBy
<br />eecurt<i thereby, the total atmrunt of principal debt hat to esc>';rd at any tithe the original mttount of this taortgage.
<br />anted th;a ?.9th day of September A. #~., lv 79
<br />~~ - - _ _.
<br />~t.{
<br />- Beverly4/k: ooden -
<br />SPATE OF NEBIiASIKA, j m. On this da of 19
<br />COaNTY OF HALL ff 29th r September 79 .berora me,
<br />Roger C. Wooden and Beverly A. Wooden, ~ ttnderstgrted, a Nubry t'ubGe #a and for aafd Coaary, perwnafty eaate
<br />each in his and her own right and as spouse of each other, who are penonallyknowata
<br />etc t~ be flea identit~l pernea S w
<br />adctrowkdged the said iaslrumeat to bt
<br />wfTNESS my harii
<br />My Gummissitrn ettp
<br />I4r1L8M RI
<br />affixed to the above nutro:ment u mortgagor
<br />and deed.
<br />and they severally
<br />~ ~
<br />._...,~.. otuy.~~1
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