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<br /> ` 77- 004�09
<br /> MORTGAGE
<br /> _ MOR7'GAGE LOAN NO. L ZZ,JS3 LL �
<br /> KNOWALLMENBYTHESEPRESENTS:That G@OY'J@ A. K1"O@9EY' and Shirley A. Kroeger, each in his and
<br /> � her own right and as spouse of each other
<br /> __Mortgagor_whether one or more in consideration of the sum of ?
<br /> Thirty Thousand and No/100----------------------- ------------------------ DOLLnRs
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,AIebraska,Mortgagee,upon 30� shares of stock of
<br /> �� �said-ASSOCIATION,�CeTti�cate No.L 22,7f)3� ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> .. � described�real estate,�situated.in Hall County,Nebraska: . �� � . � "
<br /> LOT ONE (1), IN BLOCK TWO (2), DICKEY THIRD
<br /> SUBDIVISION IN HALL COUNTY, NEBRASKA.
<br /> a
<br /> „� together with all the tenements,hereditaments and appurtenances therew�to belonging,including at[ached floor�coverings,all window.screens,
<br /> window shades,blinds,storni windows,awnings,heating,air conditioning,and p]urtibing and water equipmen[and accessorias thereto,pumps,stoves, -
<br /> . . :refrigerators,and other flx[ures and equipmen[now or hereafter a[[ached to or used in connection with said real estate.�� � �� � �
<br /> ; � And whereas The said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all[axes and assessments]evied or
<br /> "��� assessed upon said premises and upon qiis mortgage and the bond secured thereby before the same shall become delinquent;to�furnish approved
<br /> � insurance upon the buildings on said premises situated in the sum oF$ 3�����.�� �ayable to said ASSOCIATION and to deliver�to said�
<br /> � � ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises; � � .
<br /> : � In case of default in the performance of any of the terms and wnditions of this mortgage or the bond secured hereby,the mortgagee shall,
<br /> . on demand, be entiUed to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers�and sets over to the
<br /> .,F �� mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall romain
<br /> {
<br /> � � �. unpaid;and the mnrtgagee shall have the power to appoint xny agent or agents it may desire for[he purpuse of repxuing said premises and renting.
<br /> ;;;g..�,;:;;_g�.i�..Ilo.-r;.. �6 . r rPVPn��PcanAiornmr,and_it..,avnav�yyLofsaic�innnm xoenses..ofrenairino.said �n�3—_'�_+�•— --- -----
<br /> . . r.SIL.0 � ' _ ___
<br /> commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaming,if any,to be
<br /> . � applied toward Ihe discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any iime during the existence of such.
<br /> .default,irrespective of any temporary waiver of the same. � �
<br /> � These Presents,however,are upon the Condition,That if the said Mortgagor shull repay said loan on or befure the maturity of said shares by
<br /> .payment;pay monthly tu said ASSOCIATION of the sum specified in the Bond secured hereby as interes[and principal on said loan,on or before
<br /> � the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied agxinst said premises and on this Mortgage
<br /> y - � xnd the.Bond secured Ihereby,before delinquency;furnish approved ins�rance upan the buildings thereon in the sum of$$O�QQQ.QQ �. payable
<br /> ` � to said pSSOC1AT10N;repay[o said ASSOCIATION upon demand all money by it paid For such taxes,assessments and insurance with interest at
<br /> j � the maximum le al rate thereon from date of a ment all of which Mort a or hereb a rees to a �
<br /> S p y g'g y g p y;permit no waste on said premises;keep and comply
<br /> i;. � with all the a,greemen[s and conditians of the Bund for$$O OOO.OO �hs day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> c
<br /> � �with all the requirements of.the Constitution and By-Laws oC�said ASSOCIATION;then these presents shail become null and.void,otherwise they
<br /> shall iemain in full fozce and mey be foreclosed at the option oC the said ASSOCIATION after failure for three months to make any of said
<br /> pnyments or be[hree months in arrears in making said mon[h1y payments,or to keep and comply wi[h the agreements and conditions o.f said Bond; ,
<br /> � and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. � � . .
<br /> .. �� If there is any�change in ownership of the real estate mortgaged herein,by sale ur otherwise,then the entire remaining indebtedness hereby
<br /> secured sl�all,at the option of The Equitable Building and Loan Association of Grand 1sland,Nebraska,become itn�nediateTy due and payable without
<br /> further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the
<br /> � date of exercise of said option,bear.interest a[the ma�timum legal rate,and this morigage 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 The Lquitabie Building and Loan Aswciation of Grand Island,
<br /> w� Nebraska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br /> legal rate.
<br /> As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br /> � makers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds originally
<br /> secured�thnreby,the total amount oF principaJ debt not to exceed at any time the original amount of this mortgage. � ��
<br /> f
<br /> Da�ea ch5 29th ady�r July A.D.,i�77
<br /> �� � �f�a-�- � ---�'
<br /> _ �Ueo �aq�- _ ,, roeger/�/ �
<br /> ./i�f.n.�f.a/ l � lY'-.m..-I �r r.. . . .
<br /> 4 'Shirley . Kvoeger �
<br /> � STATE OF N�BRASKA,� 29.th y y e
<br /> ss. On this da oF �U1 19 �� ,before me, �
<br /> COUNTY OF HALL �
<br /> the undersigned,a Notary Pubiic in and for said County,personally came �,��'�
<br /> George R: Krqeger and Shirley A. Kroeger, each in his and her own right and as spouse of � �. ��+ �
<br /> } GdC�'1 Ot�1@P who dt"E Pcrsonallyknownto ��
<br /> � .' 'me to be the identical�persost� ��. .whose nameg� a�^�.� � aFfixed to�the above' t as mortgagor g and they severallY �� � ' ��.� �W=r� ��
<br /> : acknowledged the said instrument to be t�l@y voluntary act and deed.
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<br /> j - WITNFSS my hand and Natarinl Seal the datc aforesaid. � .-� %
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<br /> t"""""""' "`�mmission exnires � � � � �" �'
<br /> � }��t;kNkRAtAifaT1RY .:: :��.�. . . � . :..� � . . ..
<br /> �p"''�E f � ��.r' Notary Public
<br /> ::� NAIY S;u�x� Eac{,,i4uv 12 1y79� .. � . . . . � .
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