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<br /> ptORTGAGE
<br /> MORTGAGrL0ANN0. � 22,524 MGIC
<br /> KNOWALLAfGNBYTHESCI'RGSEN7'S:That Howard E. Berggren , d single person and Michael L2@
<br /> � Humiston, a single person
<br /> �` ______Atortgagor_wliether one or marc,in consideration of the sum of
<br /> Forty-three Thousand Two Hundred and No/100-- �otLnas
<br /> luaned to said mor�gagvr b}•The Equitable Buiiding and Luan Aswciatian of Grand Island,Nebraska,Afvrtgagee,upon 432 shares of stock ot
<br /> said ASSOCIATION,Certificate No.L 22�524 MGIG do hereby grent,convey end mortgage unto[he said pSSOC1AT10N the following
<br /> �. Jescribed real estate,situated in Hall Counry,Nebraska: , � � - �
<br /> LOT TIJENTY-ONE (21) CAPITAL HEIGHTS FIFTH SUBDIVISION
<br /> BEING A PART OF S41; OF SECTION 2 T051NSHIP 11 NORTH,
<br /> RANGE 10 WEST OF THE 6TH PRINCIPAL t4ERIDIAN.
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<br /> together wilh all the tenements,hereditaments and appurtenances[hereunto belongine,including attached floor coverings,a13 window screens, �. � � �
<br /> window shades,6linds,storm windows,ax•nings,heating,air conditiuning,and plumbing and rvamr equipmen[and accessories therero,pumps,stoves, � . � �
<br /> refrigera[ors,and other fixtures snd equipmrnt now or hereafter attached to or used in connection with said real estate. � - �
<br /> And W�hereas the sxid morlgagor ltas a¢reed and does hereby aeree that�he mort�gor shaA and will pay all ta�ces and asxssments levied oc � �
<br /> assessed upon uid premises and upon this mongage and the bm�d secured thereby before the same shall become delinqurnt;to furnish approved
<br /> insurance upun the buildings on said premises situated in�he sum oF S 4$�2��.00 payable to said ASSOCIATIO\ and tu delivtt to said � � � � �
<br /> ASSOCIATION�he policies for said insurance;and not to commit or permit any waste on or abuut said premises; , � � � � � .
<br /> In case of default in tha performance of any uf the lrrms and conditions of this mort@age or the bund secured htreby,the mortgagtt shall, � � � �
<br /> on demand,be entided to immcdiale possession of the mongaged premises and the murtg�gor hereby assigns, trensfers and uts over to [he � � �� � � �
<br /> monQaget all the rents,revenues and inwme to be dericed Gom the mortgaged premists during such time as the mortgage indebttdness shall remxin
<br /> unpeid;and the mortea¢ee:hali hn�e the poH•er to appoint any aeent or agents it mav desire!or�he purpox o(repairing said premises snd renting � � . � � . . �
<br /> ehe same and cullecting the rents,re�•enues and income,and it may ps}�out of said income a(i expenses of repairing said premists and necessary � - . . �, �
<br /> . mmminions and expenxs incurzed in renting and manigin@ the same and of collecting �entals dtercfrom;the balantt rcmaining,i(any,[o be �
<br /> � applied toward 1he discfurge oC said mortgage indebcedness;these rights o(the mortgagee m�y be exereiud at any time during the existence of such �
<br /> ��. �. de(ault,irrespective of any temporary wai��er of the ume. . � . � .
<br /> ; �' ll�ese Presants,huwever,are upon the Condition.That if the said Atortgagor shall repay said loan on or beforo the maturity of said shaies by . � . �`'
<br /> paymenl;pay monthly to said ASSOCIA7'10�o(the:um specilied in the Bond secured hereby as intecest and ptincipal on said loan,on or before � �
<br /> the Twentiethday of cach and evzrq month,until said Ioan is fully paid:pay all tazes xnd assassments leti�ed agains[said premises and un this l�tort�agt
<br /> end the Bond secured ihereby,before delinquency;furnish epproved insurance upon the buildings thereon in the sum of 5 43.2��.OO payabie - .
<br /> > to said ASSOCIATIO\:repay ro said ASSOCIAT[ON upun demand all money by it paid for such taxes,assessmen[s and insuranct with interest at � � �
<br /> the maximum legai rete thereon from date of payment all uf which�fortgagor hertby ae�ees to pay:permit no wasie un s3id premixs;keep and comply . � � � ���
<br /> �eith all the agreemems and conditions of the Bund(or S 43�2��.�� this day�iven by the svid Alortgagor m said ASSOCIATION,and romply
<br /> with all the reyuirements of the Cons!itution xnd ByL;iws oC said ASSO(:IA'f10N;�hen these presents shal!6ecome null and void,othenvise they � . .
<br /> shall�emain in(ull furce and may be Coreclosed at the nption o(ihe said ASSOCIATIO\ after failure for throe months to make anv of said �
<br /> p�yments or be three months in arrca�s in making s:�id monthly payments,or to keep and cumply with the agreements and conditions of said Bond; �
<br /> and 11ort�:+goc agrees to have a receiver appuinted Corthwith in such foredosure proceeding:. � � �
<br /> �, If there is any change in ownciship of�he real estate mortgaged herein,6y sxle or otherwise,then the entire remaining indebtedness hereby
<br /> secured shall,at the option of The Equitable Building and l.oun Association of Grand!sL•ind,Nebrazka,become immediately due and payable without
<br /> funher nutice,and the amount remaining due under said bund,and any other bond for any additional advances made thereunder,shall,from the
<br /> date of exercise of said option,bear inurest at the maximum legal rate,and this mortgage may then be forecloud to sati�fy the amounl due on said
<br /> bond,and any other bond for additional advances,tugether with all sums paid by said Tl�e Equitable Building and l,oan Assaiation oI G�and Island,
<br /> - Nebraska for insurance,taxes and assessments,and abstracting extension charges,w�ith interest thercon,Gom date of payment at the maximum
<br /> legalcate. -
<br /> � .4s provided in the Bond secured hereby,while this mongage iemains in e(fect the mort�gee may hereafter adrence additional sums[o the �
<br /> makers ot said[�ond,their assigns or succeswrs in inurest,which sunu shatl be within lhe secutily o(this murtgage the same as the funds originaUy �
<br /> secured thereby,[he total amount of principal debt not tu exaed�t any time the original amoun[of this mortgage. � � �
<br /> Dated this 4th eay�r February ,�,o.,i9 77 •
<br /> /7%�v��G��� /1fiLliS���/ ///.,GC�l ��� � �,�i,..�t' ^ �GYl,'�i,'��v
<br /> owar . erggren t•hC ah el L e'Humiston
<br /> STATE OF NEBRASKA, n On this Say of 19 ,Uetore mt,
<br /> 9th Februar 77
<br /> COUNTY OF HALL} Y i
<br /> � the undersi ed�a Notaey Public in snd for said County,personallycame �� i±���
<br /> ; Noward E. Berggren, a singla person and Michael Lee f�um�ston, a single person N s,;
<br /> � � > -{,:, w6o dre personally known to � �
<br /> � ��•�`"^���.,
<br /> L me to be the idmtipl pe,�t��fidsy,'�mg dre affixed lo the above instrument as mortgagor 5 and the�r severally �
<br /> acknowledged the said�ist.�irpd�tiobE,�FthP'�� volunlary act and deed. f�
<br /> k7'3'l�if,S�S'm}�hand and Kota�l$tal tf�e date afotesaid. � �
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