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<br />� ��= OOY027
<br /> MORTCACE
<br /> AfORTCAGE LOAN Nv. L ZZ+567
<br /> ' �owau.n�rar�FSEP�seMs:n�t Jack D. Neck and Charlene P.. Heck, each in his
<br /> ^ and hew own right and as spouse of each other,
<br /> + • Mortgagor,whethsr ane ur more,in conaideration of the mm of
<br /> Thirty-three Thousand and No/100___________________________________________________
<br /> oou.aRs
<br /> loancd to said mortgagar by The Equiuble Building and t.�an Association of Grend t�land,Nrbaska,Mort�agee,upon 330 shares of stock of
<br /> said ASSOCIA710N,Certificate No.l.22,567 ,do here6y grant,mnvey and mongage unto the snid ASSOCIAT70N the tollowi�
<br /> deuribed real esute,situated in Hall County,Nebraska:
<br /> - � LOT SEVEN (7) IN GRACE LUTHERAN CHURCH SUBDIVISION
<br /> AN ADDITIOt� TO THE CITY OF GRAND ISLAND, HALL COU��TY,
<br /> t�EBRASKA.
<br /> together with al!ihe tenements,hereditament:and appurtrnancrs therevnto belonging,including attachEd(loot caterings,all x•indow saeens, �� � � ��
<br /> window shadet,6lindt,storm uindows,aK�nings,heating,ait conditioning,and plumbing and waterequipment and acassoriet theteto,pumps,statxs, � � � � �
<br /> rcGigeators,and other fixtures and equipment now or hereafter attached to or us.^d in connrc[ion w�ith said real estate.
<br /> And e•hutas the said mon�or hss agreed and doet hereby sgree that the mort�gor shall and wil1 pay sll caxes and assessments letiied or � �
<br /> assessed upon said premises and upon this mortgage and the bond secured therebv be(ort the same ahall becomt delinquent:to furnish approved
<br /> inmrana upon tht buitdings on said premises vtuatad in the sum oC S 33���Q.Q� pavsble to said A$$OCIp7'lON and IO dCI11YI SO 53i� �
<br /> ASSOC[pT10N the poticies tor said insurance;and not to commit or permit any waste on or about said premiser,
<br /> . In case of default in the pedormance oCany of the urms and wnditions of this mongaee or the bond secured hrreby,the moctgagee sh:U, � � ��
<br /> on dttnand,be antided to iavnediste possession of the mottgxged premiscs and the mortgagor hereby assims, transfers and�b o:rr,o t;a � �� �� �
<br /> f . mortgagee all the rcnu,re�Ynua snd income to be dernYd from the morteaeed rrer.d:es d•.:,ti.g sucn time as the mottgage indebttdness shall remain . � � � � � �
<br />� ".Yad;and the mongagee sha11 have the pox•er to appoint any 3eent or agenu it may desire fot the purpou of reps'^"�said premiut and rentine: � �. � �
<br /> the xime and mlleciing the ren[s,revenues and income,and it may pay oue oC stid inenme a1J expenses of repairing Qid premises and necessnry
<br /> mmmissions and expenses incurred in rentine and manaeing the same and of mllecting rentaLs therefrom;the baLna:er�..sining,i�ar,y,to b2
<br /> -- �pp&ed touard the discharge oC said mongage inde6tedness;these ri¢hts ot the mort¢agee ttuv be exerdsed at any cime during the exisuna oC such� - � ���
<br /> de(aelt,irrcspecti�e of 2ny temporary wai�2r of the same. � �#
<br /> These Preunts,howeva,are upon iha Condition,That if the said 9fertgagor shall rep�y s.id loan on or be(ore the macurity of said shares by �
<br /> paytneni:pay monthly to�id ASSOCIATfON of the sum specified in the Bond ucured hue6y as interest and principal on stid losn,on or be(oze
<br /> thr Tw�emieth day of each and every month.until ssid loan is fuily paid;pay all tzxes and azsessmrnis Inied against said pcemius and on ihis Mongage
<br /> •_ and the Bond ucured thereby�,betore delinquency;(urnish appro�Rd insurance upon the buildines iherron in ihe sum of 5 3$��QQ.QQ payable �
<br /> A: ' to uid ASSOCIATIO\;re�ay to said ASSpC1ATI0ti upon dertund all money by it ptid!or such taXcs,ass:ssments and insutana with interest ai
<br /> '-h'-:^-:^_=+)e�1 rata Lh::-o::f:e.^;,a„,-;t c:payreni aii ui wi�icn 5iorcgagor nereoy zerees to pay:permit no waste on s:id pnmists:keep�nd compty �
<br /> wiih al!tho agreemrnts and conditions of the Bond for S 33�OOO OO��S'K��'�n by t}te said Atortgagor to said ASSOCIATIOti.and mmp}y
<br /> u�ith all the rcquuements of Ihe Constitution and By-I�ws of said ASSOCIATIOti;then these p�r,ents shall become nu!!and wid,oth:ru�ise they
<br /> shall«main in(ull force and may be foredoud at the option of the said ASSOCIATIDN aftez fxilure for three months to mal:e any of said
<br /> paymtnts or bt three months in arieux in making said monthly payments,or to keep and comply with the agreemrnts and conditions of stid Bond; �
<br /> aad btortgagor agees to have a reai�zr appointed forthwith in such foredo:urt ptoceedings, s�
<br /> (f there is any change in ou�nership of the real esu[e mongaged herein,by sile ur othenvix,then the�ntire remnining indebtedness hercby �
<br /> stcured slvll,et the oPtion o(The Equitable$uilding and Loan Association o(Grand Island,Nebrsska,become immediately due and payable without
<br /> turther notia,and the amount rertuining duc under ssid bond,and any other bond fot any additions(adLanas mzde[hereunder,ahall,from the
<br /> date of ezercisr ot said opdon,bear iMertst at the mycimum legal rate,and this mortgege ra3y then be foreckxd to sstisfy the zmount due on ssid
<br /> Mnd,and any othei bond for additiona]ad�an«s,togeiher with all sums paid by said 7he Equitable Building aad Loan qssociation o(Grand Islxnd,
<br /> re6raskn tor insurana,taxa and uussments,and absUac2ing exttnsion char6a•wi[h interest thereon,trom dste of payment a[the m�ximutn
<br /> ]real rata �
<br /> As pro�dded in the Bond secvred hcroby,K'}tilC lllif fDOfi�2gt R[D21IIS ifl CII[C[the mortgeg�e may heteafier advana additional sumt to tht
<br /> makers ot said Bond,[heir nssipu cr:uccesson in interest,which sums thall be within the security of this mortgage the same u�he(unds ori�jrsally.
<br /> secund thereby,the total amaunt of prindpa!debt not to exaed at any time the ori�inal atnommt of this mongsge.
<br /> „ Datedthis lst / �s��/j MdT'C�1 A.D..19JJ
<br /> � '' � � ��-c�t. l�t�_l `;' iCi. (
<br /> ' ,'/ ck D. Heck Charlene R.�Heck
<br /> ✓
<br /> STATE OF NEBRASKA,�
<br /> COlPr7Y0FHAI.L �� �°« 15t dayot Mareh 19�� ,beforemc,
<br /> ,�`� .
<br /> the undetvgned,a Nourv Puhlic in and for uid Couatv,personally came
<br /> Jack D. HecY, and Charlene R. Heck, each in his and her own rigfit and as spouse of each other, - N . : `
<br /> -- u'h° a re P�rsonalty knawa to � a
<br /> � me to be the idrntica!pec�n 5 whose name S,.$Y'2 `;affixed tu ihe above ins[n:irxnt as mongagor 5 and they sevcrally � .�
<br /> adcnowledged ttu said iratrumrnt to be :t11e]Y:.` ,rola�ua�.aci and deed. n
<br /> R7'[NFSS my hand azW�.`otanal Sea![he datratoraaid. � , �
<br /> My Comvission ezpir�t : � � ; _
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<br /> '�;�.�, 1;.`y�i �(./��/'i`°.<Y�, ��i�✓���1'
<br /> c.t•sst at �ocary Public
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