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<br /> $219,,600 00 LOAN No 3625 ��
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<br /> � � � � �� � � ���MORTG�►GE � � � � � � �i
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<br /> �� : KNOW ALL MEN BY TFIFSE PR.ESENTS: That..Thamas.'Larsen and;Kristen..K ,.Larsen? husband.,and i�
<br /> � �� wifex..Stephen R Beltzer...and Kay.A ,Beltzer,:. husband and..wifet., and James A 53eltzer, and j�j
<br /> � Carolyn A....Beltzer�..husband and,wife.t........... . . ... ...... ......... ..........' in consideration of the sum o2 ;�
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<br /> ;, �wo...#�und�:�a..�i����.�n.'��4�u��S��...Six..kll!nd;gd, and;no,tZOO . ......... ....... ......... .......... '. DOL.7-ARR ��
<br /> ' �� in hand paid do. ........hezeby grattt, sell and convey unto the EQUITABLE SAVINGS AlVD TAAN A550CIATION of �i
<br /> fi Columbus Nebraska, a corporation, its successors and assigns the following describedyreal estate situated in ... ..... �
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<br /> �� Hall .......CountY. Nebraska,to-wit: , c.? � , ��
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<br /> 3j Lot One (1), Block Nine (9), Continental Gardens, an �
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<br /> ;; Add3tion to the City of Grand Island, 1ia11 Gounty, 4�
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<br /> �3 Neb raska,
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<br /> I'i together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached ffoor cover- �;
<br /> r� ings, all window screens, window shades, blinds,storm windows, awnings, heating and plumbing equipment and acces-
<br /> ;j sones thereto, pumps, stoves, refrigerators, and other fixtures and equipment now or hereafter attached to or used in "�
<br /> ��. j� ����connection with said real estate. . � . � � , .� .� f�
<br /> ' E� Said mortgagor 5...... hereby covenant............ thath.ey...ar.elawfully seized of said premises, that the same are tree �! ''
<br /> i i� from encumbrance, and said mortgagor s..... hereby covenant......_.....to warrant and defend the title thereto against the ii
<br /> < ;; lawful claims of allpersons whomscever. '�
<br /> : i� PftOVIDED, always, and these presents am upon the express aondition: That, whereas, said mortgagor .$.:.., as ��
<br /> ' � ._..... note in writing f
<br /> �i members o1 said Association haR�:.: executed and delivered to said Association .............CkI��.X.....:......... ,
<br /> ,, to repay said sum of money above mentioned, with interest as in said note provided and in payments as set forth in said {�
<br /> i note,and all taaces and assessments on said premises and taxes on this mortgage before they becorne delinquent and (,
<br /> agree{o:keep said premises insured in favor of sa•id Association against loss by fire and extended coverage, and flood in- '7
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<br /> H (, surance,if required,each in the amount of$219_x6,Q0,,003n a company or compames acceptable to this mortgagee with a F;
<br /> loss payable clause naming the Associatiom and to deliver such policy or policies and renewals thereof to said Association.
<br /> ;j Now,if the said mortgagor..s shall pay or cause So be paid the said sum of money when due, as set forth in said note and �A
<br /> " in this in�trument,and shall.duly keep and�erform ail the other covenants and agreements on tlleirpart to be kept and .�
<br /> �I pertormed, them these presents shall be void, otherwise to be and remain in Pull force and etfect. But if default be s;
<br /> �' made in the payments when due on said note as therein agreed to be made, and such delinquency represents more is
<br /> �+ than two monthly payxnents, which delinquency shall include delinquent real estate taxes, regular or special, irresgect-
<br /> �t ive oi_whether paid by the Association and charged to principal or unpaid and a prior lien on the praperty,or in keep- x'
<br /> ; ing the improvements on "saiQ preYnises insured as above provided for, or in the payment of taxes or assessments of any �{
<br /> nature on said premises or taxes:on this moa-tgage before they become delinquent, or if the makers hereof shall sell
<br /> �j or transfer the fee title to said mortgaged property then the whole indebtedness hereby secured shall immediately
<br /> �+ become due and collectable at tlie optron ot sazd Association and this mortgage may then be foreclosed for the amount
<br /> ;� due on said note, together with all sums so paid by said Association for insurance, taxes, assessment, upkeep and re-
<br /> tIt pairs,with interest on the total a�ount from date af such election at the rate of eleven per cent per annum.
<br /> tj In case of a default in the perlormance of any of the terms and conditions of this mortgage or the r,ote secured
<br /> ; i� hereby, the mortgagee shall, on demand, be entitled to immediate possession of the mortgaged premises and we hereby ,
<br /> assign,transier and set over to the mortgagee a12 the rents, revenues and income to be derived Srom the mortgaged ,
<br /> � f� � premises during such time as the mortgage indebtedness shall remain unpaid; and the mortgagee shall have power to
<br /> i � appoint any agent or agents it may desire for the purpose of repairing sa.id premises and of renting the same and collect-
<br /> `� ing the rents,,revenues, and income, and it may pay out oi said incomes all expenses of repairing said premises and �
<br /> �( necessary commissions and expenses incurred in renting and managing the same and oi collecting rentals therefrom; F;
<br /> �f the balance rema4ning, ii any, to be applied toward the discharge oL said mortgage indebtedness. �,
<br /> �� The note secured hereby provides that wFule this mortgage remains in eflect this mortgagee may hereafter ad- �
<br /> � vance additional sums to the makers o1 said note,their assigns or successors in interest, which sums shall be within the ,�
<br /> � securiiy� 04 t$is mortgage the same as the tunds originally secured thereby, the total amount of principal debS not to �
<br /> �} `exceed at anytime the original amount of this mortgage. !�
<br /> �i IN R*ITNESS WHERF.OF the said mortgagor...�i.... haV�.. set....�.t?���... hand..S.... the ........�.&:C.................... day oi � :
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