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<br /> 7�� ������U
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. L 22753
<br /> KNOWALLMENBYTHESEPRESENTS:That Steven L. Behring and Kathleen A. Behring, each 111 h1S
<br /> � and her own right and as spouse of each other
<br /> � INortgagor,whether one or more,in consideration of the sum of
<br /> ' $ Twenty=Seven Thousand Six Hundred and No/100---------------------------------------�LtAxs
<br /> " � loaned to said mortgagor by The Equitable Building and Loan Association of Gtand Island,Nebraska,Mortgagee,upon 2 76 shares of stock of :
<br /> said ASSOCIATION,Certificate No. L 22�53 ,do 1�ereby granY, convey and mortgage unto the said ASSOCIATION the following
<br /> � ; described real estate,situated in Hall County,Nebraska: ' `
<br /> �OT ONE (1) IN BLOCK TWENTY TWO (22) IN COLLEGE
<br /> ADDITION TO WEST LAWN, CITY OF GRAND ISLAND, HALL
<br /> COUNTY, NEBRASKA.
<br /> .. . together witl� aU the tenements,heredi2aments and appurtenances thereunto belonging,including attached floor wverings,all window screens,
<br /> window shaJes,blinds,storm windows,awnings,heating,xir conditioning,and plumbing and water equipmentand accessories thereto,pumps,stoves,
<br /> � . �refrigerators,and other fixlures and equipment now or heceafter attached to or used in com7ection with said real estate. � �� � ���� .
<br /> i� � .. . And whereas ihe said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments�levied�or
<br /> ; assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to furnish approved
<br /> ` . . insurance upon the buildings on said.prernises situated in the sumof$ 2�.6��.�� pa}•able Yo 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 /> c � � � In case of default in the performance of any of ti�e terms and conditions of this mort�age or the bond secured he�eby,lhe mortgagee sliall, �
<br /> � � on demand,be antitled to immediate possession of the mortgaged premises and the mortgagor�hereby assigns, transCers�and sets�over�.to�the
<br /> ` mortgagee alI the rents,revenues and income[o be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br /> . unpaid;and.the mortgagee shail have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and��renting,_�.
<br /> the same and collecting tlie rents,revenues and income,and it.may pay out of said income al1 expenses of repairing said premises and necessary
<br /> �� commissions and expenses incurred in renting and managing the same and of coAecting rentals�therefrom; the.balance remaining,if any,to be �
<br /> applied t�ward the discharge of said mortgage indebtedness;these rights oC the mortgagee may be exercised at any time during the existence of such
<br /> . default,irrespec[ive of any temporary waiver of the same.� . �� � � . � � � �� � .� � �
<br /> " �� . These Presents,however,ate upon the Condition,That if the said Mor[gagor shall repay said loan on or before the matuzity of said shares by .
<br /> � . .� payment;pay monthly to sud ASSOCIATION of the sum specifled in the Bond secured hereby as interest and principal on said loan,on�or before.
<br /> the Twenxieth day of each and every month,until said loan is futly paid;pay all taxes and assessments levied against said premises and on this Mortgage
<br /> ' � and the Bond secured there6y,before delinquency;fumish�approved insurance upon the buildings thereon in the sum of.$ 27� 6Q0 �Q payable
<br /> tto said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insu'rance witT�interest at
<br /> the maximum]ega!ra[e thereon from date of paymen[all of which Mor[gagor hereby agrees to pay;permit nu waste on said premises;keep and comply
<br /> i with all the agreements and conditions of the Bond for$2�,6��.�0 this day given by the said blortgagor to said ASSOCIATION,and i:omply`
<br /> with�all the requiremenis of the Constitution and ByLaws of said ASSOCIATION;then�these�presents shall become null and void,otherwise�ihey
<br /> �. �. shaU remain�in full force and may be foreclosed at the option of the said ASSOC.IATION after failure for three months�to make any of said��
<br /> `� paymen[s�or be three months in�arrears in making�said monthly payments,ur tu�keep and cnmply wi[h the agreements and conditions of said Bond; ,
<br /> l. � �. .and Mortgagor agrees to have a receiver appointed forthwith in sucli foreclosure proceedittgs.. � . . � . � � � � �
<br /> If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise,then the entire remaining indebtedness hereby
<br /> � � �secured.shail,at the option of The Gquitable Building and Loan Association of Crand Islend,Nebcaska,become immediately due and payable without �
<br /> further notice,and the amoum remaining due under said bond,and any other bond for any additional advattces made thereunder,shall,from the
<br /> date of exercise of snid option,bear interest at the ma�cimum legal rate,and this 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 The Equitable Building and Loan Association of Grand Island,
<br /> . 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 ihis mortgagc remains in effect the mortgagee may hereafter advance additiona!sums to�the�
<br /> �� makers of said Bond,their assigns�or successors in interest,which sums shall be within ihe security of this mortgage the same as the funds originally
<br /> � � secured thereby,the total amount of principal debt not to exceed et any time the original amount of this mortgage. � � � �
<br /> , te this �211� �ay of JU�,y A.D.,19]]
<br /> eve e ring ?
<br /> .. p .;.w` �n W �s�nf'+ � . . .. . .
<br /> _
<br /> athleen A. 8ehring
<br /> STATE OF NEBRA.4KA, S
<br /> COUNfX OF IiALL� �. On this ZZt1d day of �JU�y 19 ]] ,before me,
<br /> the undersigned,a Notary Public in and for said County,personally came � �"�
<br /> , Steven "L. �ehr�ng and Kathleen A. Behring, each in his and her own right and as s��us�e of "` � �
<br /> QdCb O�hQY whO dt^0 Perso y ownio � ��
<br /> ; � me to be the identical person 5 whose name$ d Y'e affixed to the above inst t as mortgagor 5 and tl7f',Y severally ;„��,
<br /> arlcnowledged the said instiwnent to be thQ7 Y' voluntary act and deed. �'Y;'��;
<br /> p'-"-"'�-----� �nd Notariai Seal ihe date aforesaid.
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