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<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. L ZZ.765
<br /> KNOW ALL MEN BY TNESE PRESGNTS:That G2Y12 D. MOII Y'fildtln dtld JUCII tI1 M. Mohrmann, each i n {l15
<br /> � and her own right and as spouse of each other,
<br /> Mortgagor,whether one or more,in consideration of the sum of
<br /> Fortv Two Thousand and No/100--------------------------------------------------= DotLARs
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand lsland,Nebxaska,Mortgagee,upon 1420 shazes of stock of
<br /> said ASSOCIATION;Certificate No:L 22�765 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the tollowing
<br /> s ��described resl estate,situated in Ha1l�County,Nebraska:�. .� � � � � . .. � � � � � � . . � �
<br /> LOT NINE (9) AND LOT TEN (10) AND TNE EAST FORTY-ONE FEET (41')
<br /> � i OF LOT ELEVEN (11) HAGGES' SUBDIVISIpN, CITY OF GRAND ISLAND,
<br /> < a
<br /> HALL CDUNTY, NESRASKA.
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<br /> � � together with all�the tenements,hereditaments and appurtenances thercunlo belonging,including at[ached floor cuverings,all window screens,
<br /> � � � wi.ndow�shxdes,�blinds,stormwindows,�awnings,heating;airconditioning,andplumbingandwaterequipmen[andaccessoriesthereto,pumps,stoves, �
<br /> �� �refrigerators,and oiher Cixtures and equipment now or herexfter attached to or used in connection with said real estate. � . � .�
<br /> � � � � ����And wherexs the said mortgagor has agreed and does hereby agree that the mortgagor shall snd will pay xll taxes and assessments levied ot
<br /> �� ��. assessed upon said premises and upon this mortgage and[he hond secured thereby before [he.sxme shall become delinquent;to furnish approved
<br /> insurance upon the buitdings on said premises situated in the sum of$ ¢2�0��.Q� payable to said ASSOCIATION and to detiver.to said
<br /> .� � t1SSOCIATION the policies for said insurance;and not to commit or permi[any waste un or about said premises; . �
<br /> � �� .. � .�In case of default in the performance of any of the terms and conditions of this morlgage or the bond secured hereby,the mortgagee shall,
<br /> . � on�demand,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets bver to the
<br /> . mortgagee all the rents,reyenues and income to be derived from the mortgaged premises during such time as the mortgage indeb[edness�shall rentain
<br /> �� unpaid;and�lhe mortgagee shall 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 the rents,revenues and income,and it may pay out of said income all expenses oC repuiring said premises and necessary
<br /> i � . . � commissions and expenses incurred in ren[ing and managing the same and of collecting ren[als therefrom; the balance remaining,if any,to be
<br /> ' � � � applied.IDward the discharge oF said mortgage indebtedness;these rights of the mortgagee muy be exercised at any time du[ing lhe exisxence of such
<br /> ' defauli,irrespective of any temporary waiver of the sazne.
<br /> .#� � � These Presents,however,are upun the Condition,Tliat if the said Mortgagor shall repxy said loan on or before[he maturity of said shares by
<br /> ", � � - payment;pay monthly to�said ASSOCIATION of the sum speciGed in the Bond secured hereby as interest 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 against said premises and on this'Nortgage .
<br /> 3 � �and the�Bond�secured thereby,before delinquency;furnish approved insur�nce upon ihe buildings thereun in the sum of$4Z����.�� payable .
<br /> . to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it patd for such txxes,assessments and insurance with intetest�at
<br /> ^ � . the.maximum�legal rate thereon from date of payment alt of which Mortgagor liereby agrees to pay;permit no waste on said premises;keep and comply �
<br /> �..- . � with�all the agreements and conditions of the Bond for$42,00�.�� this day given by the said Mortgagor to said ASSOCIATION,and comply ..
<br /> ' S � . with all the requirements�of the Constitution and By-Laws of said ASSOCIATION;then these presents shall become null and void,otherwise they
<br /> ; � '�shall remain�in�full force�and may be foreclosed at the option�of�ihe said ASSOCIATION after failure for three mon[hs to make an�r of said
<br /> " £ payments ur be three months in arrears in making said monthly payments,or to keep and comply wich the agreements and conditions of said Bond;
<br /> � and Mortgagor agrees to have a�receiver appointed.for[hwith in such foreclosure proceedings.
<br /> $
<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�shall,at the option of The Equitable BuBding and Loan Association of Grand Island,Nebraska,beccrme immediately due and payable without
<br /> further notice,and the amount remaining due undez said bond,and any other bond for any additiona]advances made thereundor,shall,from the
<br /> s�: . � date of exercise of said option�,bear interest at the maxirnum 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 aA sums paid by said Tlte Equitable BuIIding and Loan Association of Gra�;d Island, �
<br /> ' �� Nebruska�for insurance,taxes and assessments,and abshacting extensiun charges, with interest thereon, from date of payment at the maximum
<br /> 4� � legal rate. �� � � . � �
<br /> � As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may herea&er advance additional sums to the �
<br /> j � � makers of said Bond,their assigns or successors in int�ras[,which sums shall be within the security of this mor[gage the same as[he funds originally �
<br /> �� ���secured�thereby,the total sm�unt of principal deb[not to exceed at any iime the original amount of this mortgage. � �
<br /> a ^ ated this ls�y ot� August n.o.,iv��
<br /> Y l/j� / �"yq �) "�/] `] '`�/-;
<br /> r � ifff a%'../L./! // { / /�!�/l;'L'`3"1.'1 /i�1A /Y..�� .
<br /> � 6ene D. ohrma �udith M. Mohrmann ��
<br /> Z STA"TE OF NEBRASKA,� 1 S t AU U S C 77 �
<br /> ss_ On this day of 9 19 ,Uefore me,
<br /> b ICOITbITY Ofi HALL
<br /> i �� ��� `� ' � �� � . the undersigned,a Notary Public in and for sai County,personally e � ,�� ''��
<br /> Gene D. Mohrmann and`Judith M. Mohrmann, each in his and her own ri ght an� as spouse ot�'n � � :;�
<br /> ` each Oth2Y'. who are Personallyk.nownto f ��+ "' �
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<br /> � me to be the ldentical person S whose name 5 affixed to the above instr ent as mortgegor 5 and th8y severally "�t�
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<br /> acknowledged the said instiument to be "thEl Y' voluntary act and deed. } .
<br />�p . � WITNESS my hand and Notaziai Seal the date aforesaid. /'� , / . -
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<br />�ik �� � � My Commvssmn expves .� �� � � . . � . �� . . � . .
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<br /> ,�S Gfv i �r,�a 7 ,3.� , '? NotaryPubL�
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