|
"ti..--..r . . . . . .. . � �. � � . . � . . � 'Fa . � . . ..
<br />�:_": � . . . . .. � . � � . yYP� . �
<br /> `. '
<br /> . . . . . . . . .. . . ( � �.` � .
<br /> 1 .
<br />_ � � . . . . , �`..:�e� .
<br /> ,... .... . .. . ^.. � . _ . .+.+.*. . . .
<br /> � .� � � . . . . .. ... . . ...�: . .. . . . .. . � . . .. � ��
<br /> 77,�f��3 t`�9 9 8
<br /> MORTGAG6
<br /> ' i MORTGAGE LOAN NO.L Z2.745 ',
<br /> I49UWALLMENBYTHESEPRESENTS:That A�fP@d W. Beckler and Judith Kay Beckler, husband dOd
<br /> ` � wife and Duane A. Obermier and Bonnie L. Obermier, husband and wife
<br /> � Mortgagor,whether one or more,in wnsideration of Lhe sum of `
<br /> <Eleven Thousand One Hundred and No/100------------ -------_---------�Lt,�s
<br /> 7oaned to said mortgagor by The Equitab(e Building and I.yan Association of Grand Island,Nebraska,Mortgagee,upon 111 shares of stock of
<br /> said AS$OCIATION,Certificate No:L 22,745 ,do hereby grant, wnvey and mortgage unto the said qSSqCIATION the following
<br /> described ieal estate,situated in Hall County,Nebraska:
<br /> FRACTIONAL LOT TEN (10) IN FRACTIONAL BLOCK SEVENTEEN (17) OF
<br /> SCHIMMER'S ADDITTON TO THE CITY OF GRAND ISLAND, NEBRASKA
<br /> AND
<br /> FRACTIONAL LOT TEN (10) IN RUFF'S ADDITION TO THE CITY OF GRAND
<br /> ISLAFVD, NEBRASKA.
<br /> €,
<br /> � together with all the tenements,hereditaments and appurtenances thereuato belonging,including attached floor coverings,alI window scteens,
<br /> window�shades,blinds,storm windows,ewnings,heating,air conditioning,and plumbing and water equipment and accessories[here[o,pumps,stoves, ��
<br /> .. refrigerators,and other flxtures and equipment now or hereafter attached to or used in connection with sxid real estate.� . . �
<br /> .. . �And.whereas the said mortga�or has agreed and does tiereby agree that the martgagor shall and witl pay all taxes and assessments levied or
<br /> . . assessed upun said premises and upun this mortgage and the bond secured thereby befure the ume shall become delinquent;to furnish�pproved
<br /> insurance upon the buildings un said premises situated in the sum of S i l�1��.�� payable to said ASSOCIATION and to deliver to said
<br /> ASSUCIATiON the poliaes for said insurance;and not to commit or permit any waste on or about s:+id premises; � �
<br /> � � In case uf default in t2�e per(ormance of any of the terms�and wnditions of this mortgage or the bond secured liereby,the�mortgagee shall,
<br /> � � on demand,be entitled[o immediate possession of the mortgased premises xnd�[he mortgagor hereby assigns, transfers and sets over to thn �
<br /> mortgagee alt the rents,revenues and incvme to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br /> . unpald;and the mortgagee shall have thepower to appoint any agent or agents it may desire for the purpose of repairing said premises and renting �
<br /> the same and co]lecting.[he rents,revenues and�income,and i[may pay out of said income all expenses of repairing said prrmises and necessary
<br /> commissions and expenses incurred in reniing and managing the same and of collecting rentals iherefrom; ihe balance remaining,if any,to be
<br /> � . � applied�tuward the discharge of sazd mortgage indebtedness;these rights of[he mortgagee inay be exercised at any time during the existence of such
<br /> � � default,irrespective pf any temporary waiver o(the same.� � . . . . �
<br /> � � These Presents,however,are�upon die Condition,That if the said Mortgagor shall repay said loan on or before the rnatuti[y of said shares by
<br /> p�, � payment;pvy monihly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan,un or before
<br /> ; the Twentieth day oEeach and every month,until said loan is fully paid;pay all taxes and assessmen[s levied against said premises and on this Mortgage
<br /> . : and tlx Bond secured thereby,before delinquency;Curnish approved insurance upon the buildings thereon in the sum of�11�j OO.00� payable
<br /> t to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by i[paid�for such taxzs,assessmenls and�insurance with intetest at
<br /> �.. � the maxi.mum legat rate thereon from date of payment atl of which Mortgagor hereby agrees to pay;permi[no was[e on said premises;keep and.comply �
<br /> � . with all the agreements and condition>of tl�e Bond for 5 1 I,�1�Q.QQ this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> . with all the requirements of the Constitution and ByLaws of said ASSOCIATION;then these presents shall become null and void,otherwise they
<br /> � � shall remain in full force and may be foredosed at the op[ion of tha said ASSOCIATION after fxilure for [hree months.to make any�of said
<br /> a� � � � payments or 6e three months in arrears in making said monthly payments,or to keep and compty with ihe agreements and condi[ions of said Dond; ��
<br /> . .and Mortgagor agrees to.have a receiver appointed furthwith in such forzclosure proceedings.
<br /> � � .If itiere is any change in ownership of Ihe real estate mortgaged herein,by sale or otherwise,then the entire remaining indeb[edness hereby �
<br /> secured shall,.at the option of Tlie Equitable Building and Loan Association of Grand 1sland,Nebraska,become immediately due and payable without � �
<br /> further notice,and the amount remaining due under said bond,and any ot}ler bond fur any additionat advances made thereunder,shall,from the
<br /> date of exercise of s;tid option,bear interest xt the ma�cimum legal rate,xnd this mortgage may then be foreclosed to satisfy tlte azrtount due on said
<br /> bond,and any o[her 6ond for addifional adwances,tuge[her with aA sums paid by said The Equitable Building and Loan pssocia[ion of Grand Island,
<br /> Nebraska Cor insurance,taxes and as.cessments,and abstracting extension charges, with interest Utereon, from date of�payment at the maximum
<br /> legalrate_
<br /> � � � As provided in.[he Bond secured hereby,while this mortgage remains in effect the rnortgagee may htreafter advanca addi[ional sums to[he. .
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within the security of Ihis mortgage[he same as the funds originally �
<br /> � � secured khereby,the total amouni of principal debt not to exceed at any time the original amount of this mortgage_ . � ��
<br /> naceatn�s 14th. dayoe July n. iy 77
<br /> ��GLytiE' .
<br /> �Tfre tF-�.+'�e l�..^ _. <%'� ua�2 , bermi.er ,
<br /> udith Kay Beckler �Ay,r:o. c�7�(�-�od.-n,r,•.l
<br /> 8or5me L. Oberm er
<br /> STATE OF NEBitASKA, s
<br /> COLTNTY OF HALL� �� On this 14'tfl day of J U�y 19 7 7 ,before me, �
<br /> � � � � � the undersigned,a AIotary Public in and for said Count y, p ersonall y came �� ;, dy�`
<br /> A l fre d P f. Qec k l 'th Kay Beckler, husband and wife; end OuaWgioA. Obermier a�c�Bonnie �' �
<br /> • L. ��?E'Y'MlL'Y'� �, @ dP2 Person y nownto I �"��
<br /> : tne to be the iden" 1�ndtixisE F,�A� � me S d Y'E aft`�xed to the above instrument as mortgagor 5 and 't 112y severalty ,�;�
<br /> -4,'-
<br /> acknowledged th �5ftum��;�tR,b�•y� 2'i t' voluntery act and deed.
<br /> TJ„4ESS,�,�rStHd3iid N Seal tbe date aforesa9d. J ���!
<br /> f2ES. ` -f •-7�
<br /> �,4"Qmm�sSi�a�expdre�' G / �'���<;j t � r �� .�
<br /> ,�.o£� � �gw�� , i l ;.�-�/�"1"l.v'e c71. .�C.l�t r7i'Z.�=-���
<br /> �. �s-t.znf ai . . �T •.•••••'+1,,g � .. � . . . . � . Notary Public � �.
<br /> . ��£OF N���
<br /> �
<br /> „�.:,�... ' �
<br />
|