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<br /> 77'"- tt�3353 �
<br /> � MO�TCA�E , �
<br /> j h10RTGAGIi L4Al`�;NO. L 22�6��
<br /> � KNOIY ALLMEN BY T?lESE PRESEIITS:Tha{ Kenneth H. 5chm9 dt and Phy1 T%s C. Sehmi c,�t, each �s���.s.
<br /> � �� a�nc�.her�vwn +right�a�n�i as��sp.ouse nf each�� other, � � � ��� � � . � " � �� ;��;
<br /> �
<br /> s'� � tMSortga�or;�whether ono or�tare,in co�sideratioa of ii�c scim�of +�:
<br /> �``� - - —'-T�LLARS
<br /> "-_-_ __� � '` � ' `'
<br /> ,a� 1�an,ed,ta cul�at muxtgagar by'Fha Ecruitable SuildinR and Luea Assoc�tw�of Grand Tsl:and,Ne6caska,M�Ftgagee,upon ��� sYrares oC atucic of "
<br /> � said A5a^QEEA"FIt7Ik.Certi6erte hi�.L Z�,^3�3�{ ,cicr h�raby;ten3 u$yo�nd.^-.:r:ba6,..zato.t;.,�: ,,,,vi,tNTlvi.:ti��Foiciciwing
<br /> ,�� descsi6ed rr.eY xstatc,situuted in Eiall Cnu�ty,Nebraskn: �
<br /> �<<� � �;�
<br /> '� �� LOT TEE�t (l0a IN BLOCK SIXTY FOUR (64?
<br /> �. IN WkE��ER & L�AfiVEii''S RDQ£'fIOK TO THE `
<br /> � � ' GITY OF GRAND ISLAND, HALL COUNTY, ,
<br /> �`� �� ;�,
<br /> � NESRASKA. �
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<br /> ?z` � together witli att tha tenements,h�reditamrnts and appur[enances thereunto bnl�ii�.ing,including at[a+ched lluor criverisrq;s„at!window scraas�s,
<br /> w�nilow sha3es,blinds,st�rm winctows,awnings,heating,nic conditioning,anct plumbiiig and waserequiprraentand accessories therctn,pumpa,xts�ves,
<br /> �t� rCfrigerato7s,and other fixtures and es�uipmeni now or herraf2er attached to or used in connection with sxir3 real nstate: "
<br /> '�� And wherens tlxe said rr:�rtFago�has agread an�i dnes hereby�grce thxt the znorcg,�gur sha�31 and wzll pay sIt taxes ar�+i ssussizxtnts levied or � a�-
<br /> �t� assessed upnn said premises ancl upor tkis,martgage and the bond secpr•�t f e ebx before �he asme shal�become cielinque�t;to Furnish appravrd ,
<br /> 1 zusutance upan-tha buil�in�.s on said premises situated;i�a rhu sumof� I�,�b�.UO payable to sai�'ASSOCIATtOid anJ to deliver to sraid` ` � r f:;
<br /> y��` ' ASSOCIATIflN the pulicirs f`or s2ici insurancc;and noe to cornmic or permit any wasta ozi or�baux suid preznises;
<br /> Yn cxse of defaulr in ttee pertormanee of any of ahe cerms and condil�ons of this snartgage;or t1�e tsvnd sacured liaretsy,ihc rmortgagee shsll, � r '"'
<br /> � r un demanJ,be erttiTIet1 to immediatc�pussassion uf[he murtgagid premises_and Ihe anortgagvi lunby ussigns, tFansfers.aud sets nvcr t�s thc; ` ':
<br /> � '� mortgaget a1C:the r�urs;"revnnues.and ince�me to he eieri4edl}om the mottgaged pcemiscs durin$;such tiime;�s th¢man e e in�,lebtedncss shall rectssin'
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<br /> r� . unpaief;and the modg,agee shalf have the powec co appoint any agcnt ox agents it may-c�esire fur'tt�e pu.pose af repairing sacd ptemis'cs end reniing '
<br /> �i- dre sxc�e nr.d:coliecting thc rents;revcnues an3 incom�;nnd ik raay pav out of sn'rd incc�me ull expnnses .af repairing said premises�id:necassary r.
<br /> ��� cnmmissions and Kxpenses incurred in rcnting and mannging the sama and af coliectiixg rnntais thereGqm;the balance rcanaintng, iL any,to br
<br /> �� apgliec3 townrci.thr discliarge of.saic!mortgage indobter]ness;these.iights�Cahe mortgagee�nsy be exercised yt any,tune durirag the exisrenc�of su�h
<br /> defaukt,irrespective oF any tcmpornry�vaiver of the same.
<br /> �'� Th�sn Presents,hawever,are upvn th:Condition;Thut if the s�id hlorigagor shall rep�y s•rid lottn oa or 6efora she maturity of said 5harma try :
<br /> +�, paymer�t;puy manthty to s�id ASSOCIATION ot thr sum spec�ed in the Rond secured licreby as interest and.prancipal on snidluars,on�r bafase ( ,�!
<br /> kt� the Twentieth day of Faclt and every month;unsii said 1s�an is Cu11y paid;pvy nil tuxes and-assessmerits levted sgainsl se3id premis�s nnd on this tviartgaga ;
<br /> .tl and th+�$onct secured theraby,�ef�te delinquency;turnish appruved insurance upan the bu[idings theraon Sn ttie suin af$�S,c�QQ.�@ p3yabls :
<br /> „�,'r to said ASSQCIATfOAt;repay ta said ASSOCIAT101V-upon demand all money by iz pai�l for such taxes,a:ssessmnnYs and insaiianca�vith interesY at - � ,
<br /> ry( - ihe maacimum iegsl r0t�lhereon fr�m data af�tyment aU uC whictc�iortgagor herrhy sgr�es W pay;per�nit nn waste�n said preesiises,kemp and campiy
<br /> ��� wikk�att the u�eerriencs and conditions oF the�vnd for 3�5�ZDd•Q0 this day given t�y the said Murt�cgur ta said ASSUGIATi013,and coniply :
<br /> ,� with al�the xequirements qf the Constitution and By-Laws of sa�d ASSO(lA7'[ON,then shesa presen[s slw�l becamc-nuli ane2 void,a�t�envise the� ` r
<br /> � shaii.rcma9a In'Cull farce and may I�foreclased at the.opticin of the suid ASSGCIAT3QN after faaura fur threc rne�nihs to'mako nny.of svi,d
<br /> �; payments c�r be thcee monihs in arrem3x in makin said inmllhl �- , ;. .
<br /> B y gayments,ur io keep and comp3y wifh th�aKraemencs and cc�nditions of said$crnd; „'
<br /> �'• andAlcsrtgaguea�raes tQ havc a ieceiwer appointed forthwith in such f4reclosure ptoceedirxgs.
<br /> �`� t�there is any change in ownerskaip of the real estute moetgaged herein,by sale �r otf�erwisc,then tFie entire renutining indebtrdness,horetry >
<br /> 5� 5ecured sha11,at the aption of Tlxe E.yisita6le 13uilding sn�Loan,Association ot Gzand 1s1x�d,Nebraska,becnaate immediately d�se and payabla withcYsat
<br /> fuzthei notica,::and the.xn�onnt remasninR c�uc undac said bond;and any other bond£oruny bdditinnal a�dvancescrradc cheieunder,shrV,1'rom tYxe
<br /> ,�y date of oxetcise of said.vgtion,beur i�x.tercst ai the ms�cainum le i rute,nnd this mort a
<br /> $a g�rcvvy thrn be for�closed tro satisfy t�iie amuunt tlue pn ssid
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<br /> bon�;�d any oih�e b�ndSor additiunai advances,togerher with ail suxns pnid by said Thc Cquitaiaie t3uildiag�nd i,nan Assoczatlan uf f�:razid lstaud,
<br /> t Nebrbsl�u fox insurance.taxes and assessments;and abstractmg extension charges, with interest thcreom, fram dute o£paycraent at ttaa nwximuu�
<br /> � legalrace. :
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<br /> 4'� As{+rovides!u�tliau Bond securo¢hereby,wh�e itis mortga�e remains in eft'ect tha mur[gagee may}aernafier advunce aslditionzL suma tn the -
<br /> ,� rnakers oC saad Band,tt�eir auigns�rsis�ccessors in interest,which sums shall be vv�xhin thv security uf this�ortgagn ihe same.�s tha futads arigina!!y ,
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<br /> xcured tf}�ercb�*:,thc total amc�unt i�f pru�cipa(debt not tn exceed at anv ti.me the oriyinat amaunt of ihi�uiorigage,
<br /> �� � eeatt,� 2 th a:rrot June a, i�7
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<br /> � C01JN7'Y C�d'HAL.L� Y 7� _beforo me, �
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<br /> "'�� `' the under' ed,a Nota Pnblic-in and fcu said Co�t
<br /> ^� � � � � Y,Pcrsviwlly cnaac � "�'.,d. � �
<br /> �, Kerf�n�th;.�. aAd Phyl�is C_ Schmidt, each in�is s and�ier awn right anc;�as s�puse of � �
<br /> � ��G�'!'��1�3" � .�,: �� who e�Y`E PersonaL'3tkr,c;�•r.t*>
<br />� =.,c,:;.t�the '�t�,�,� ose�ame S a3 Y'E affixed t�tl�e sisuve inserumeni as mm�$agot S und tlt@,y' snvardlly r r
<br /> acknuw �`�,��ti+u�F�� ��j@3 i" avaluntary act snd deed. '�,.,� ^.
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<br /> taraai Sea!tfze date a#'aaresoi.+. :�,
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