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<br /> 77- U(�437�
<br /> MORTGACF.
<br /> MORTCAGELOANNO. � 2z]SZ
<br /> KNOWALLMENBYTHESEPRESENTS:That ��Oyd,A. Mettenbrink and Charlene M. Mettenbrink, BdCh
<br /> in his and her own right and as spouse of each other
<br /> Mortgagor,whether one or more,in consideration of the sum of
<br /> = Twenty-Five Thousand and No/100---------------------------------------------------�LLAtts
<br /> � �loaned fo said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 25� shares of stock of
<br /> said ASSOCIATIpN,Certificate No.L 22�52 ,do hereby granY, convey and mortgage unto the said ASSOCiATION the following
<br /> � � described real�estate,situated in Hall�County,Nebraska; � � . � . � . . � �
<br /> LOT TEN (10) IN SUNSET THIRD SUBDIVISION
<br /> LOCATED IN THE NORTH HALF OF THE NORTHEAST
<br /> QUARTER (N ZNE;) OF SECTION ELEVEN (11) IN
<br /> TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10)
<br /> WEST OF THE 6TH P.M. , HALL COUNTY, NEBRASKA.
<br /> . .together with all the tenements,hereditaments and appurtenances thereunto belonsing, including a[tached t7oor coverings,all window screens,�.
<br /> �window shades,blinds,storm windows,awnings,heating,air condi[ioning,and plumbing and watereyuipmentand accessories thereto,pumps�,stoves,
<br /> �.�tefrigerators,and other£xtures and equipment now ur hereafter attached to or used in connection with said real estate. � .
<br /> � � And whereas the said mortgagor has agreed xnd does hereby agree that [he mortgagor shall and will pay all taxes and assessments.levied�or
<br /> � � assessed upon said premises and upun this 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$ZrJ,���.U� payable to said ASSOCIATION and to deliver to said
<br /> �ASSOCIATION the policies for said insurance;and not to commit or permi[any waste on or abou[said premises; � �
<br /> ,� In case of default in the parformance of any of the terms and conditions of this moRgage or the bond secured hereby,the mnrtgagee shall,�
<br /> 'i � on demand,be entiUed to immediete possession of the mortgaged premises and the mor[gagor heFeby assigns, transfers and sets over�to the
<br /> . � mortgagee all the rents,revenues and income[u be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain �
<br /> i unpaid;and the mor[gagee shall have the power to appoint any agent or agents i[ may desire for the purpose of zepairing said premises and renting��
<br /> the same and collecting ihe rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and.�necessary �
<br /> commissions and expenses incuved in renting and managing the same and of coilecting ren[als therefrom; the balance remaining,if any,.to be
<br /> applied toward the discharge of said mortgage indebtedness;these rights oF the mortgagee may be exercised at any time during the e�stence 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 shall repay said loan on or before the maturity of said shares by ���
<br /> paymenl;pay monthly�to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on sxid luan,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 Mortgage
<br /> and ihe Bond secured[hereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of 3 25�QQQ.QQ payable � ,
<br /> �. to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance.with interest at
<br /> . the�maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on soid premises;keep and comply� �
<br /> with ail t.he agreements and condi[ions of the Bond for$ 25 ,0�0.�n this day given by the said blo:tgagur to said ASSOCIATION,and comply
<br /> with al!the requirements of[he Constitution and ByLaws of said ASSOCIATION; then these presents shall become null and void,ofherwise they
<br /> shall remain in full fnrce and may be foreclosed at the option of the said ASSOCLAT[ON after failure fur three months to make any of said .
<br /> ��payments or be ihree inonths in arrears in making said maithly paymen[s,or to keep and comply with the agreements and conditions ot said Bond; �
<br /> � and Mortga.gor agrees[o 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 [he entire remaining indebtedness hereby
<br /> � secured shall,ai the option of The Equitable$uilding and Loan Association of Grand Island,Nebraska,become immediately due and payable wilhout � � .
<br /> . . furthcr 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,beaz interest at tlie maximum]egal ra[e,xnd tliis mortgage may then be foreclosed to satisfy the amount due on said � �
<br /> . bond,and any other bond for additionxl advances,together with ail sums paid by said The Equitabte Building and Loan Association of Crand Island, . �
<br /> Nebraska.forinsurance,taxes and assessments,and abstracling extension diarges, with interest thereon, from date of payment at the inaximum� . �
<br /> legal rale. . ,
<br /> � . As provided in the Bond secured hereby,while this mor[gage remains in effect[he murtgagee may hereafter advance additional sums to the. , � � ��
<br /> . makers of saiei 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 thereby,the total amount of principat debt not to exceed at any time the original amount of[his mortgage. �� ��
<br /> Dated this Z�St. day of JU�y A.D.,19 ��
<br /> �����.-�-�����"�
<br /> , ,T t � - '';��� ' '
<br /> " Charlene M. Meittenbrink
<br /> STAT�OOJNF�B��ICA,�� On tlils 2�5 t. day of J u l y �v 77 ,before me, �
<br /> �
<br /> the undersigned,a Notary Public in and for said County,personally came - ���
<br /> Lloyd A. Mettenbrink and Charlene M. Mettenbrink, each in his and her own right and as spouse � �K•-
<br /> Of £dCF1 Otf1eY' who dP0 personailyknownto �� ,
<br /> � me lo bo the identical person g whose na (;�^�+.:.�, ed to the above instrument as mortgagorS and they severally K%�
<br /> "'�,'
<br /> acknowiedged the said instrument to be t 1�` �lu�cil,c,�c`Ya deed. '
<br /> . W:1^v y �r he daze afotgs�: ! ,� � ,.i fi i .. � _,
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<br />�� MyCommissiunexpires� �'"�Cr�r�,�C�'j'�,S � . � �,�/����
<br /> . . . . � . � :.�lr.cS 1,1. . � `.���4.r as.,..
<br /> s•i.2x x1 J'} a�: � ,,�� •'� Notary Public
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