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<br /> 77.U�U377`7
<br /> MORTCAGE
<br /> MORTCAGE LOAN NO. L ZZ,J33
<br /> ( KNOWALLMENBYTHESEPRESENTS:That L20 E. U�fllE?P and Judy A. Ulmer, eech in his and her own
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<br /> E right and as spouse of each other
<br /> Mortgagor,whether onc or more,in consideration of the sum of
<br /> + Seventeen Thousand Five Hundred and No/100-----------------------------------------�LLA�s ' ,
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<br /> � ' toaned to said mortgagor by The Equitable Building and Luan Association of Crand Island,Nebraska,Mortgagee,upon 1�5 shaces of stock of
<br /> : said ASSOCIATION,Certificate No.y 22�7$$ ,do hereby grant, convey and mortgage unco the said ASSOCIATION the,following
<br /> r � described real estate,situated in HaI1 County,Nebraska:
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<br /> � THE EASTERLY FORTY-FIVE (E 45.0') OF LOT EIGHT r
<br /> � ? (8) AND THE WESTERLY SIXTEEN FEET (W 16.0') OF
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<br /> ' LO'T NINE (9), IN BLOCK ONE (i}, WESTERHOFF'S °
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<br /> �` a
<br /> FIRST SUBDIVISION, IN HALL COUNTY, NEBRASKA.
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<br /> ' ;K��. . � together with all the tenements,hereditaments and appurtenances thereunto Uelonging,including attached Y7oor coverings,�all window screens,� �
<br /> window shades,blinds,storm window•s,xwnings,heating,air cunditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, ��
<br /> refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. � � � . .
<br /> �. � And whereas the said mor[gagor hxs agreed and does hereby agree that. the mortgagor shxll and will pay all taxes and assessmen[s levied or ��
<br /> assessed upon said premises and upon this mortgage and[he bond secured thereby before the same shall become delinquent;to furnish approved
<br /> hinsurance upon the buildings on said premises situated in the sum of� 1��5OO (�fl Payable to said ASSOCIATION and to deliver to said
<br /> ASSOCIATIOh ihe policies for said insurance;and not to commit or permit any w5s e on or about said premises; . . .
<br /> � � � ln�case of deCault in the perfqrmance of any of the terms and conditions of this mortgage or the bond secured hereby,tlte mortgagce�shall,
<br /> � on demand,be enti.tled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the �
<br /> mortgagee all the rents,revenues and incame to be der9ved from the mortgaged premises during such time xs the mor[gage indebtedness shal(remain
<br /> . � unpaid;and ihe mortgagee shall have the power to appuin[any agent or agents it may desire for the purpose of cepairing said premires and xen[ing �
<br /> � the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary �
<br /> . � .. �commissions and�expenses incnrred in renYing and managing the same and of collecting rentals therefrom; the balance remaining,if any,ta�be
<br /> r applied toward the discharge of suid mortgage indebtedness;these rights of the mongagee may be exercised at any time during the existence of such .
<br /> �. � . �default,irrespeceive of any temporary waiver pf the same. � �
<br /> - �� These Presents,however,are upon lhe Condition,That if the said M12ortgagor shall repay said loan on or before the maxurity of said shares by
<br /> �. � payment;pay monthly to said ASSOCIATION of the sum speciTied in the Bond szcured hereby as interest and principal on said loan,on or befote
<br /> �:.� the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments!e-+ied against said premises and on this Mortgage
<br /> � and-the Bond secured thereby,before delinquency;fumish approved insurance upon the buildings thereon in the sum of S �17�5��.OO �payable �
<br /> .. to said ASSOCIATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insarance with in[eresi at o
<br /> ��the maximum legal rate thereon from date of payment all of which Mongagor hereby agrees to pay;permit no wasze on said premises;keep and comply�
<br /> with all the agreements and conditions of the Bond for$ 1��5��.00 this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> �with all the requirements of the Cunstitu[ion and By-Laws of said ASSOCIATION;[hen these presen[s shall become null and void,otherwise they �
<br /> � shall remain�in full force anc� mxy be foreclosed at the option of the sxid ASSOCIATION after Cailure £or ehree montl�s to make any of�said
<br /> � �payments or be three months in arrears in making said monlhly payments,or to keep and comply with the agreamenis and conditions of said Bund;
<br /> . � and Mortgagor agrees tu have a receiver appointed forthwith in such foreclosure proceedings. . � � �
<br /> � .� If there is any changz in ownership of the ieal estate mortgaged lierein,by sale or otherwise, then ilie entiro remaining indebtedness hereby �� �
<br /> secured shall,a[the option of The Equi[able 6uilding and Loan Association of Grand lsland,Nebraska,become immediatelydue and payable without�
<br /> further notice,and Ihe amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the � �
<br /> � � date of exerciu of said option,bear interest at the maximum legal rate,and[his mortgage may then be foreclosed to satisfy the amount due on said
<br /> � � bond,and any other bond for additional advances,together with all sums paid by said TLe Equitable Building and Loan Association of Grand lslsnd,
<br /> . Nebraska for insurance,ta�ces and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum �
<br /> . .legal rale. � . . . .
<br /> � � As provided in the Hond secured hereby,while this mortgage remains in elTect the mortgagee may hereafter advance additional.sums to the �
<br /> makers of said Bond,their assigns or s�ccessors in interesx,which sums shxll be witkin the security of this mortgage the same as the funds originaLly
<br /> secured thereby,zhe total amount of principal debt not to exceed at any ume the original amount of this mortgage.
<br /> siea th�s 7th aay�r Ju7 y ti:n.,is77
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<br /> 1'L�3L
<br /> eO, ' <. �,'� / (i.�.,� 1
<br /> u�ly A. lmer �
<br /> ` " STATE OF NEBRASKA, �
<br /> � COUNT'1 OF FiALL� �- On this 7th day of �U�y 19 77 ,beCore me,, i
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<br /> ; the undersigned,:;Notary Public in and for said Caunty,personally came �,,� , � 4��i
<br /> Lep E. U7mer and Judy A. U7mer, each in his and her own right and as spouse of each other �F ..
<br /> E who d Y'E' personally known to � ���*,.
<br /> . �w�.
<br /> s me Lo be the ideax3cal peisorg whose name 5 dCE affixed to the above i as mortgagor g and they ��erally �°�4t
<br /> acknowledgad the said insvument to be thel r voluntary act and deed. `+
<br /> ^T'u���.,,,y., and No[ariel Seal�[he date afaresaid:� �
<br /> GENERJ1t NQT Y. �� � � � \ �
<br /> �� ,.,m����yb'y ���r�T�s �G.} s'" G�u�-z�
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<br /> � . hfy Comm Ezp Nok E2,���►�. � :. . Notary Public
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