|
� : � , . . . . . � . . . . . . � . � ��4. .
<br /> y�
<br />� . . . . . .� � . .. . � � y� . . �
<br />'� �,.. . . . ,..... . . . ... . . � � . . �. � . . .. - •+� . .�
<br /> �'�p (�t��()93
<br /> AfORTGACE
<br /> �tORTGAGG LOAN h0.I 99�55F
<br /> { KNOWALLMENBYTHFSBPRLSGNTS:TI�at D011d�d J. Leifeld, d S1t1J70.p2PS011
<br /> r
<br /> ,
<br /> � Mortgagor^whether ont or more,in conslderetion of the sum oC
<br /> � Thirty-two Thousand and No/100--------------------- -------- pocLn[u
<br /> f ..� louned to said mortgagor by The HqWtable DuUding and Loan Association of Grand Island,Nebraska,Mortgegee,upon 3 ZO :hares of stock of
<br /> _ ; said ASSOCIATION;Certiflcate No.L ZZ�555 ,do hereby grant,rnnvey and mortgage unro the snid ASSOCIATION pie fotlowing
<br /> described real estate,siluated in Hall County,Nebra:ka:
<br /> ��.
<br /> '
<br /> x ; LOT TWO (2) IN ISLAND ACRES NUt46ER 12, IN
<br /> ,., � �
<br /> ';;
<br /> . , F
<br /> S
<br /> THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> i
<br /> { ;
<br /> ,
<br /> .,
<br /> i
<br /> h
<br /> " ; together with all the tenemmis,hemditamen[s and appurten:�nces thereunto belonp,ing,including sttached floor coverings,all window screens,
<br /> "; window shsdes,blinds,stocm windows,awnings,heating,air conditioning,and plumbing and wateroquipmrnt and accessories thercm,pumps,stoves,
<br /> t ceGigerarors,and od�er fixmres and equipment now or herea(ter attacl�ed ro or used in conneclion with said real estata
<br /> y � And whereas the said mortgagor has agreed and does hereby agree thal the mortgagor shall and will pay el!taxes and asuumrnts leried or
<br /> j assesud upon sxid premius nnd upon this mortgage nnd the bund:ecwed thereby be(ore the same shall become delinquent m furnish approved
<br /> ' insurana upon the 6uildings on said premixs situated in che sum of?3Z OOO.�� payable to said ASSOCIATION and to deliver to seid
<br /> ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said pmmises:
<br /> ' In cax of defxult in the pecformance of any u(the terms and ronditions of this mortguge or the bond secured hereby,the mortgagee shall,
<br /> � on demand,6e entiHed to immediate possession of the mortgagnd premises and U�e mortgngor hereby assigns, transfers and xts over to the
<br /> � mortgagee all the rcnts,«venues and income to be derived Gom the mortgaged premises during such time as the morlgage indebcedness shall cemain •
<br /> } unpaid;and tl�e morlgagee slmll have the power to appoint any ayent or agents it may desirc for the purpose of repairing said premises and rrnting
<br /> . .the same and collecting the rents,revenues and income,and�it may pay out of said ineomc all cxpensa�o(repa'uing said prcrttises and necessary � ' '
<br /> wmmissions and expenses incurred in renting and managing the same and of collecting rentals thercGom;the balance remaining,if any,to be
<br /> applied toward the disrhargc ot said mortgage indehtedness:these riyhts of the mortgagee rtuy be exerciud at any time during the existence oC such
<br /> default,irrespective o(any temporary waiver of the sama
<br /> ''i These Preunts,howevar,are upon[he Condition,That if the said�fortgaguc ahall rcpay s:+id loan on or beforc the mawriry of said shazes 6y
<br /> + paymrn�;pay monthly to said ASSOCIATION of the sum specified in the Bond secured heteby as intercst and principal on s;iid loan,on or beCure
<br /> 2 the Twentieth day oC each and every month,until said loan is fully paid;pay al!taxes:u�d asussments tevied against said premises and on this Mortgage
<br /> end the Bond secured thereby,6efore delinquency;furnish approved insurance upon the buildings thereon in the sum uf 5 32,000.(�p Payablr
<br /> to s�id ASSOCIATtON;rcpay to said ASSOCIATION upon domand all money by it p�id for such taxes,assessmmts and insurance witfi interest at
<br /> Ihe maximum legal rate thereon Gom date o(payment alt of which Alortgagor hemby agrees to pay;permit no waste on said premises;keep snd comply . � � . .
<br /> with ali the agreemrnts and conditions o(tht Bond for 5 32�OOO.00chis day gi��en by the said 5tortgagor to said ASSOCIATION,and comply
<br /> u•ith all the requiuments of the Constitution and By-Laws of said ASSOCIATION;then these presen�s shnll become null anJ void,othe�•ise they
<br /> shafl remein in full Corce and may be fureclosed nt the optiun oF the said ASSOClAT10N after Cailum for three months to make any oE said
<br /> { payments or be three months in arrears in making said momhly payments,or to kap and wmply with the agrcements and canditions oCsaid Bond;
<br /> and Mortgagor agrces to have a receiver appoinled furthwith in such foreclosurc proceedings.
<br /> ` f If there is any change in ownership of the real estate mortgaged herein,by sale ur otherwise,then the entire renuining indebtedness hereby
<br /> xcured st�all,at the option of The Equitable Building and Loan Association of Crand Island,Nebraska,become immediately due and payable without
<br /> further notice,and the amount remaining due under said bonJ,and any other bond(or any additional advances made thercunder,shall,from the
<br /> datc of execcise o(said option,bear interes[at the maximum legai rato,anJ this mortgage may then be Coreclosed to satisfy the amount duc on said
<br /> bond,and any other bond for ndditional advanas,together with all surtu paid by said The Equitable Building and Loan Association of Grand Island,
<br /> Kebraska Cor insurnnce,taxes and asseuments,and abstracting exten:ion charges,with interest thereon,from date of payment at the maximum
<br /> legal rale.
<br /> � As provided in the Bond secured hereby,while this mo�t�pge remains in e6ect the mortgagee may hereefter advance ndditfonal sums to the
<br /> makers oC said Bond,the'u assigns or succeuors in interat,which sums shal!be within the ucurity ot thit mortgage the same as the tunds originslly
<br /> secured thereby,the total amount o(princip;il debt not to exceed at any[ime the original amount oC this murtgaga
<br /> `; ; ��c�a�n;s 25th day or February A.D.���77
<br /> ? '9�����
<br /> i ona . fe
<br /> y STATE OF NEHRASKA, S$ On thu 25th day oC February 19�� ,be(ore me,
<br /> COUh"1'1'OF HALL}
<br /> � . . . tiq•I 1 _i,...
<br /> S
<br /> the undersigned,a Notnry Pu61ic in and Cor said County,personaUy camc ri `4
<br /> Donald J. Leifeld, a single person N
<br /> who 1 S personally known to �
<br /> �., me to 'dbati��mE /' " whox name 1 S affixed to the above insuument as mortgagor and he ��jp(yX �
<br /> a�: ��e�edj�l mjtttt� t to be hl S wluntary act and dad. �`
<br /> S� , �
<br /> WII't�E$$R� d and Notuia15ea1 the datc afonsaid. �
<br /> � �OT.SRy - � � /�� � .
<br /> C0:At14Y,lF�ss�o xPir �����.Z���Q
<br /> � � Ekrfnti ;T.> �%�7'�yl ' � ` ��� /`�J
<br /> T :G? Notary Public
<br /> si• '. Jj�'•�" �2. �.�T
<br />` � q�FOf�ttE`��F�
<br />� -. �
<br />�
<br />
|