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<br /> MOR�ccwce
<br /> MORTGAGELOANNO� L 2Z,676 �
<br /> � rer�owAz.ta�sxeYrnEs��Res�KTs:Tr�ac Donald E. Dreier and Stacia L. Dreier, each in his and her �
<br /> oMm wigFst and as spouse of each other
<br /> '_Mort�agor,wh-cher one o-rnore^in consideration of tlie sum c�f ".
<br /> "' T►renty-six Tt�ousand anc� Nfll10�-------- ` ' ;!
<br /> _—'_---_'-- "_-- --- DOI.LARS
<br /> '; foanec#ta seld mortgagorby The Equitable Huild"sng and Luan hasociation of Gxand Island,�+1.�:::�a;Moitgagee,upon 2(Q sliarqs ofstock of-'
<br /> e said rt�SSOCtA'FiO1�i� Certificate nia L 22��76 ,dn ttereby grant;,convey and morcguge unto'thq said ASSOCIATIOLV the fatlowing ;
<br /> " � described reaJ estate, situated in Ha8 County,Nebresks: ''t
<br /> �'+ ' LOT SEVEN {7) IN BLOCK ONE �1) fN CLAUSSEN � `
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<br /> '� CGiiYl'RY VIEW ADDITION TO THE CITY �F GRAND ��
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<br /> # ISLAND; NEBRASKA. ��'
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<br /> ,� together with;all the tenements, hereditaments and appurtenances xhereunto belunging, including atcacheil floor wverings,aH window screens, -,:
<br /> y window shades,biinds;sturm windaws,nwning5,heating,air conditioning,and plum6ing and wuter equipmenaand accessuries thereto,pumps;stavrs, , � Y
<br /> F ;`y reffigerators,and other Cixtures and equipment now or hereafter attached ro or vsed in conn�ctian with said real estate:
<br /> P ��S :� And wheceas the.said morigagor�-has�agreed_:and does hereby.agree thaf Ehe mongagor'shall.and will`pay all taaces and.assessxnents��levied oi °
<br /> asscssed up�n said prGmi�s and uY�n this:fortgage¢nd thP bond cecured thareby 6efore the same shall become delinquent;to furnfsh apgroved
<br /> t. ��insurance apon the b�ildings om said�premises situated in�the�sum of$ . 26�000.��� ��payable�to said�ASSOCiA"I'ION and to delivai-to said .��
<br /> .t�SSOCTATION thc palicies for said:4nsurance;and not to commitorpecrnit anlr waste on.�or�about said�premises; ` . � ' � �� „, ",,�;
<br /> In case of default in the performance of any of the terms and conditions of tlus mor-tgage or iite bond secured here6y,the mortgagee shall,
<br /> £ � un 3em�nd,be entitled io immediate possession of the mor[gaged premises;and the mortgagur hereby assigns_ transfers and sexs over ro the ��
<br /> '} morYgagee alF.the rents,revenues and income fo be derived from the mortgaged premises d�.ring such time as tha mortgage mdebtedness shall remain : � '
<br /> ] unpaid;and the mortgagee shaq have the power ta appoint any agent or agents it may desire for the purpose<of iepairing said pzemises.and'renting
<br /> , ;�g the:sa�neand�:coIIecting�.therents,�revenues-andincome,andit�may:payout of� said��income �atl�expenses of�.repairing�.sflidpremises andnecessnry
<br /> # commisslons and expenses incuned in:enting and managing the same and of colleciing rentals-therefram;the ba.ance remaining,if aay,to be
<br /> t � appl;ed toward die discharge of said mortgage inde6redness;these rights of the mortgagee may be exrrcised at any time during the existence of snch
<br /> ,� t� default,ircespective of any temporary waiver of the same:
<br /> �, ��,These presents,}aowever,are��iipon the.Condition,That�.if the said Mortgagor shall.repay seid�loan on or.before�t3�e maturity.of said shares by
<br /> � pay�nerzt;pay�mqnthly te said RS��CIATION of the s�m specified in che Bo;d seeuce.�'.hereby.as'r.tere;t and g:incE�al or.sa.id.loa�,�n���62Coze
<br /> � r the Twentieth day of each and eveiy month,until said loan is fully pa�d;pay all taxes and assessments levied againsC said premises and an this hlortgage �
<br /> � ,y and the dond securod ihereby,before detinquency;furnish approved insurance cipon the bmlilings thereoa in the sum of$ 26,QOf3.Qa payu6iG
<br /> �•� to said ASSO�iATION;repay to said ASSOCIATIONbpon demand aLl money by it paid to�such taxes,assessmenis and insurance wuh interest at
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<br /> if :, the ma�cimum Iegal rate t6ereon frmn da(e of pay:nent aL'of which Dfortgagor fi�reby agrees tapay;permit no wasta on said gremisesckcep and cbmply
<br /> �Y C withall tlte agreements and conditioz�s of the Bond for$ 26}QflQ.Q0 this day given by she said Mortgagor to said ASSOCIATtON,and comply
<br /> ? with:all the requiremcnts of the Constitution and By-Luws of said ASSOCIATIC3N;then these presents shall becume auU and void,otherwise they '
<br /> y � shatl`rernain in fuU force and may bc (oreclosed at the optian of t6e said ASSOCIATIOI*:af'ter failuce for chree rnonths to malce,any of'said
<br /> � .1 pmym�ents c�c be theee:n�anths in arrears in making:said monthly payments,or to keep snd comply,with the agreements and canditions of said Bond:
<br /> � .� ;u�d M�rtgagtir agrees to have a receivecappoinced ip�ihwith in such fureciosure�roceedings
<br /> it:j 'If ihe�e is any change in ownership of the real estate murtgaged herein,by sale or otFnerwise,then the entire remaining indebtedness hereby
<br /> ' r' secured shalt,at the option of The Equitabte Build�ng and Loan Associ•rtion of Gtxnd Island,Nebraska,become unmediaieiy dua and gayable withouc
<br /> + further notice.and the amuunt.zemalning due unde�said bond,and any other bund for any additionai ndvences made thereunder,shall;from the
<br /> ��•y dale oC xxercise-of saict.optian,bear an[erest at tlie maximum lef;a3 zate,and this morigago nsay then be foreclused to saYisfy the amount due on said
<br /> q bona;and any other bond for'additi�nai advances,xogether wi.h all sums pai�b�said The F.quitable Building and L�ae�Aasociacion e�Grand lstand,
<br /> S,,? I3ebraska for insurance,taxes and assessments,andabstracting extension charges,with inteccst ticereon, from date of payment at the maximum
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<br /> i � As provided in ttse$und secured hcreby,while this�nortgage reneains vi effecti the mortgegee may hereafter adyance addi6onal sums to the `�
<br /> makexs ot said Bond,t2�eir assigns or successors in interest,which sums shall be within ihe se.curity of this mortgege the same as the fundsoriginalty
<br /> !� secuted theteby,the total�amount�f�principal debt not to:exceed at any time tFae originai arnount of xhis mortgagc_ ��, : � . � . .
<br /> � Dam this Ctad da of �7Utle - A.D.,1I 77
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<br /> 'w ; Stacia L. Orei er
<br /> y STA"IE DF NEBRASKA,�
<br />`A CCl��i7T1`'QFHA€.L ss. Onthis 211d dayof �Ui12 1977 ,beforeme. � � k�,.
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<br /> p` � � ' . che�ndersigned,...a Notary Public'vi und f'or�said C�unty,pnrs+unaliy cume .,
<br /> t}onal-djE. Drei�r and Stacia t. DreSer, each in h3s and haer own right and as spouse of each ��
<br />�3 � b�hE�" . who i3r6 Personallyknownto = �a
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<br />���� me'to be th '�y�^r whose namc S d r� af#nced ta tho�bovn instrurneai as mortgagor 5 and t}1��r sevemlly
<br />�$,' acki�owl4 '�#�s+fit` ��121 Y' voluntacy aci;uid deed. � "'
<br />�s ,� ��-��i.�pe�s�iy� d d Notacial Seal the date afoiesaid.
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<br />� a.�-sM� ',A�Q �� Notary PubLc
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<br /> r � `E'fJF NE�+�
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