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<br /> r10RTGAGL LOAIJ N0. �- 21,559
<br /> � KNOWALLML•NUYTIIL'SGPRFSENTS:That Theodore L. Stava and Kathleen J. Stava each in his and
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<br /> her own right and as spouse of each other
<br /> ___ Blortgagor-wLether one or more-in considecation of tht sum of
<br /> Thirty-seven Thousand and No/100=-------------- mL[.nus
<br /> luaned to said mortgagur 6y Tlte Gquimble Duilding and Lnan Associaliun of Crand Islund,Nebra�l:a,�fortgagee,upon 3 JQ sharcs of stock of
<br /> said A5SOCIATION;Certificatc No,L 22,559 ,du hereby grant,convey nnd mortgage unto the said ASSOCIATION dw following
<br /> Jescribed rcal estate,simated in Ilall Cow�ry,Nebrasku:
<br /> LOT FIVE (5) IN RAVENWOOD SUBDIVISION,
<br /> ' IN HALL COUNTY, NEBRASKA, IN THE S� OF SE; OF
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<br /> SECTION 13, TOWNSHIP 11 NORTH, RANGE 9 WEST
<br /> OF THE 6TH P.M.
<br /> ,,.....,1. �� . .
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<br /> together widi all-die lenemrnts,hereditaments and appu�tenances diereuntu belonging,inclucling nitached(loor co�rrings,all H�indow screens, � � ��� � � �
<br /> window.shades,blinds,seorm�vindow:,awnings,heating,air condilioning,and plwnbing�nd wuter equipmen[snd acceswries theretu,pumps,sto�ts, � � � � � � -
<br /> refrigrralms,and other fixturcs and cquipmen��ww ur hereafter attad�ed to ur used in cunnectiun with said real esta[e. � - - � �
<br /> And ivhercas the said mor�gagor lius agrecd and does hereby ugree titat the iuorlgagor shnll and will pay sll taxes and assessmenu In�ed or
<br /> i assessed upun sxid premixs and upun this mortgagr and the bund ucured there6y betbre�Iie same shali become detinqurnt;to fiunish appmved
<br /> insur�nce upuu dic buildings on said prcmises situated in tht sum of S 37 ��� Q� Payabie to s:�id ASSOCIATION and to deliver tu said
<br /> ASSOCIATION d�e policies(ur said insurance;and nut to commit or permrt$ny��•aste un m abuut said premises:
<br /> In case ot default in the per(ormance uf any of the ternu and wnditiuns of this murtgage ur the bund secuted here6y,the mortgagee shall,
<br /> wi dcmand,be entitled W immcdiaic possetsion of 16c murlgagcd premises and thc murt�gur htrcby assigns, transfcrs and ttts u�•er to the
<br /> � mortgagee all tl�e rents,m�enues anJ incomn to be derived(rom the mortgaged premises during surh time as the mortgage inde6�edness shall remain - � � � � �
<br /> unpaid;and d�c mortgagee shall hnve�he pnwer m appoint any agent or agenu it may dcsire for the purpou of repairing said premises anJ rcnting . � � ' .
<br /> ttic same�nd collecting the rents,rcvenues and income,and it may pay uut ui'said inmme all ex�xnses uf repairing said premisa und nettssaiy
<br /> cmnmisxions and expenses incurred in renting and m�n:wging die s�me�nd uf collccting rent�ls �hemGom:the balance remai�ung,il'any,to be
<br /> applied�oward ihe dischxrge of said mm�gage indebmdness;these cights oF the murtgagee m�y 6e exercised al any time during lhe existence oC such
<br /> default,irrespective ol'any temEwracy waivrr of the same. . � �
<br /> Thrse Presents,howevzr,are upun the Condition,"Ihal i(ihe s�id�turtgagor shail repay said loen un or before the malurity of said shams b�• � � !
<br /> ,�:4 payment;pay monthly to said ASSOCIATION oC the sum sptcified in the Bond secured heraby as interest and principal on said lo�n,on or before - � � ��
<br /> the Twentieth day of cach xnd erery monti�,until said loan is(ully paid;pay all taxrs and asxssments levied agninst said prenuses and on tltis�turtgago �
<br /> anJ the Bond securcd thereby,before delinyuency:!'umish approred insurance upon the buildings thareun in tFe sum of$ 3���0�.�� pavable � � � �
<br /> �o�id ASSOCIATION;repay m said ASSOCIATIOti upun demand all monry bp it paid fur such taxes,assessments and insurance with intere:[at � �
<br /> the maximum Irgal rate therenn frum datc uf payment all u(whidi�turlFagor hereby ag�ees to pay:permit no wascc on said premises;kecp und comply
<br /> wi�h all ihe ngrcements and conditions of qhe Uund for 5 37�Q(�Q Qn this day gi�xn by the said Afottgagor to said ASSOCIATION,and comply
<br /> with all�he requircmcntt u(the Constitution and llyLaws o(saiS q�S(SCIATION;lhen lhese pres�nts s6a11 bawme null and roid,othcrwise they
<br /> shall rem;tin in full(orce and may be furecluscd a�Uie uption o(4ie said ASSOCIATION after (ailum 1'ur thrcc months tn maka any uf said �
<br /> payments or be three munihs in aucars in m�king said monlhly payments,or W keep anJ comply��•ith ihe agreements and canditiuns of said l3und;
<br /> and Morl�agur agrces lo havc a rec�ive�appuinled(orthµ•ith in such fureclusurc proceeJings.
<br /> If there is any change in ownerslup of the real estete murteaged herein,6y sale oc oiherwiu,then the entiro remaining inJebtedness heteby
<br /> secured shall,al ihe uption of The Gyuitabic Ouilding and Luan Assuciatiun o(Crand Island,Nebraska,become immediately due and payable without
<br /> furthcr no�icc,and lhe amounl rcmuining duo undcr said bond,and any uihor bund for any additional advnnces made therounder,shsll,from the �
<br /> dam of cxercise of saiJ optiun,6car inlerest at the maximum icgal ratc,und�his mortgage may thcn be fomclosad to salisFy the amount due on said
<br /> bond,and any other bond fm additional advanccs,tugethcr wi�h all sums paid by said Tht Lquitable 8uilding and Lu;tn Associalivn uf Crend Itland,
<br /> ' Nebraska fm insuranm,tasts and nssessments,anJ abstracting extension charges,with interest therrun, fmm date uf payment at the masimwn
<br /> Icgal race.
<br /> As pruvidrd in the UonJ secured hereby,while ihis murt�ge rrmains in eflect the murtgagce may hereaf(er sdr'ence additiunal sums to thc
<br /> makerx of said Bond,their assigns or successoa in inlerest,which sums shall be wi[hin the secu�ity u(this morigage the same as tl�e funds originaily
<br /> secwed tLeceby,Ihe�otal amuunt oF principa!debt not to exceed al any limc lhe uri�inal amount of this mortgage.
<br /> Dat �n�: 28th ��y�r FeGruary � ��.���77
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<br /> odo�e L tava
<br /> a !h/ra�,cf� ���.U7.L�
<br /> Kathleen J. Stava
<br /> i STATE OFNEBRASKA,�u pn this 2$th duy of February 19�� ,before me,
<br /> COUNTY OF HALL �� �
<br /> lht undersigned,a Notacv Public in and fur said Cuunty,perwnally came ; ',
<br /> Theodo L. Stava and Kathleen J. Stava each in his and her own right and as spouse cv ,
<br /> ' . 0 � � � aho are Pecsmially known tu j'
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<br /> {,�. ��CJI�i�i;� son5� whou name s are affixed to the abuvt instrumcnt�s murtgagorS and thBy uvorupy ,�
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<br /> acicSY�klddged tHl�SNd in�ur.ient to be thei r voluntary act and deed. �.
<br /> = f�lOTA7Y��� my ftand and No[arial Seal the date nfores�id. ,� , � . SQ -
<br /> �i Co tf S��Ayy�om ission expires �,�/ �� `�`y� � `, �� '
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