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<br /> hiORTGACE
<br /> t�fORTCACE LOAN N0. � ZZ+515
<br />� ICIdCWALLbfENBYT}IESEPRESCNT�:That Allen E. 6achman and Helen f�. Qachman, each lil h15 311di -
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<br /> her own right and as spouse of each other,
<br /> ' , __Mortgagor_«fiether one or more,in consideration of the swn o(
<br /> , Forty Thousand and No/100-----------------------
<br /> DOLLARS
<br /> loaned to said mortgagor 6y The Equitable Duilding and Luan Association of Crand Islsnd,Nebraska,�tortgagee,upon 400 shares of stock of
<br /> + ` � said ASSO('IATION;Certifirate Nn.1. 99 �il G ,�1n he.rehv or��r ���y..�� v�d..............._._.�---:� .����. '-
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<br /> '"..-; —._.......✓,8...����..u�v�su nJJLLiAi�V'aV II7C IO�IOti'1��'.�
<br /> � described rea1 estate,situated in Hall Counry,'Nebraska:
<br /> LOT THIRTY SEVEN (37) AND THIRTY EIGHT (38)
<br /> IN BLOCK FOUR (4) PLEASANT VIEW ADDITION TO
<br /> THE CITY Of GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> - toged�er with ;�ll Ihe tenements,hereditaments and appurtenances thereunto belonging,including attached�oor wrerings,all window screens, .�
<br /> . window shades,blinds,storm w•indows,awnings,heating,air conditioning,and plum6ing xnd water equipmmt and accessories thereto,pumpi,stm�es, � - � .
<br /> refrigerators,and other fixtures and eyuipment now or hereaCter attached to or used in cunnectiun with said real estate. � � �
<br /> And whereaz 1he said mort�gor has�greed and does hereby agree tha[the mo�tgagm shall anS will pay all taxes and assessmrnts tevied or �
<br />� assessed upon said prcmises and upon this mortgage and the bond secured therc6y before the s�me shall become delinqumt;to furnish approved
<br /> u�surance upon the buildings on saiJ premises situeted in the sum of 5 4���0�.�� payable to said ASSOCIA7'IUN and to delitixr to said
<br /> ASSOCIATION the policics fur said insurance;and nol to commit or permit any a�aste on or aboue said premiser,
<br /> In case of default in Ihe ped�ormance of any oC tlie terms and conditions of this mortgage or the bond secured hereby,the mortgagee ehall,. � ��
<br />�. on demand,be entiqeJ to immediate posseuion oC the murtgaced oremises ind thP !::ett�;:;or !:ereby �;signs, trans(ers and sets over m the
<br /> � mortgagee ail the rents,revenues and income to be derived fmm the murtgsged premises Juring such time as the mortgage inde6tedntu shatl remain � � - � �
<br /> unpaid;and the morfgagee sha11 haee ihe poK�er to appcint anp agent or agents it may deaire fur the purpose o(repairing said premises and renting
<br /> the�same and collcaing the rents,revenues and income,and it ma}�pay out of s:rid income atl expenses of repairing said premises and necessary � �
<br /> commissio�s and expenses inew;=d in renting and managing the same and o!collecting rentals thereCrom; the 6alance remaining,if any,to be
<br /> � applied toa�ard Ihe discharge of said mor[gage indebtedness;these riyhts of the mortgagee may be exercised at any time during the exislence of such � � � �
<br /> del'ault,irretpective o(any temporary H�aiver of the same. � � � � -
<br /> m These Presents,hou�ever,are upon the Condition,7hat if ihe said Afurtgagor shall repay said ban on or be(ore d�e maturity of said shares b}' � � � ��
<br /> payment;pay monthly tn said ASSOCIA'IIO�n(the swn specified in the f3ond secured hereby as in[erest and principal un said loan,on or before ' - . � �
<br /> �he Ta•entiethday of each end every month,until said loan is fully paid;pay all taxes and assessmeuts IevieJ against said premises and on this Atortgage
<br /> anJ the pond secured therrby,beCore delinyuency;furnish approved insurunce upon the buildings thereon in the sum of S t}O��QQ.00. paYable � . �
<br /> to said ASSOCIATION:repay tu said ASSOCL\TIO\upon demand all monev by it paid for such taxes,assessmonts and insurana with interest at � �
<br /> �he roaximum Irgal ratc tl�ereon frum date of payment al!of which�fort�agor hereby aerees to pay;permit no waste on said premises;keep and comply �. . . � :
<br /> with all die agreements and conditions of the Dond(ur 5 40����•�Qus day given by the said Atortgagor to said ASSOClATION,and comply ��
<br /> with all the requirements of the Cunstitu�ion and ByLaws of said ASSOCIATION;then these presents shall become null and wid,otherwise they
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<br /> shall remain in full force and m:ry be tureclosed at thr optiun of the said ASSOCIATION �frer failure for three months �o make any of said � � � � �
<br /> �: � pzyments or be three munths in arzears in makinc s�id mnnihlv r,;,vrr����< ,,.i�,t-�P.,��,�_.;.;;ri�..,��ti;ti_e,....o.....,.,_„,,___a•.:____ _
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<br /> p.__..................,�;.,,,...,..:�a;d^uond; _
<br /> and Mortgagor agrees�o have a receiver�ppoinled forthwith in sucl�Cureclosure pruceedines �
<br /> If there is any change in uwnership oCihe real estate mortg�gcd he�ein,by sale or otherwisc,then the entire remaining inde6tedness hereby � � �
<br /> sewred shall,al the option of The Equitable Building and Lu�n Associalion of Grand Island,Nebraska,become immediately dae and payable without � �
<br /> further nutice,and the amount rcmaining due under said bond,and any otlier bond for any additionsl advances made thereunder,shall,from the
<br /> date of exereisc o(said option,bear interest at qie maximum legal ra[c,end�his mortgage may then be foreclosed to satisCy the amount due on said
<br /> bond,and any other bond for additiunal advances,totciher witt�all sums paid by said The Equitable Duilding and Loan Association of Crand Island,
<br /> Nebraska for inswance,taxes and assessments,and ebstracting exrension charges,with interest thereon, fmm date uf payment at the maximum �
<br /> legal ratc.
<br /> As provided iu the Bond securcd here6y,while this mortgage remtins in e(fect tht mortgagee may hereaCter advance additional sums to the �
<br /> � makers uC said Bond,their assigns m mcceswrs in interest,which sums tlull be within the securiry ot this murtgage the seme as the Cunds originally � - � �
<br /> ucured theee6y,ihe total amount of principal debt nnt to exceed at any time the uriginal amount of[his mottgage.
<br /> /�f•/c�a�t,�� 31s ct� aay or , Januar n.o..i�77
<br /> �.l�'� ,_ /��. Cf���t��� � Y / ^ �� � L/
<br /> ���a���ll G .�� \�����J���L�✓t../I'YYJ F'��i'1� .
<br /> Helen M. Bachman
<br /> STATBOFNESRASKA,1 SS Onthis 315t da of Januar ]�
<br /> COUNTY OF HALL� Y Y �9 ,before me, ,,�.� � -
<br /> Ihe undersigned,a NoWry PubGc in and fot said County,perwnaUy came ��'� N f� .
<br /> Allen E. Bachman and Helen M. Bachman, each in his and her own ri�i�t and as s�ouse� of >
<br /> 1 each other, � are prsonalyknownto (� � .
<br /> ime to be the identicai person 5 whose name 5 dre effixad to the above instmmept�_mortgagor s and theV sevuallv �
<br />� acknowicdged the said instrument to be inei r voluntary act and deed. ,' i V
<br /> 1i'1'I'NES$my hand and Notarial ccal thc date a(aresaid. �; h�i) i( � `T
<br /> My Commission expires ��/ � /�i� i� `����.c� �
<br />� �J ," �l�'�(i/�-� ! ,"i "( �T'r
<br /> . s.�C��iERAL NOTARY•S��re at!ie�r: /�� �J..�' \otary Public �. .
<br />-� �Atncs v�.o�son Q-z/. /Z / -/�'?�
<br /> p�j� My Cnmm.b.v.t:c�•.12�1918 �
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