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<br /> + NIORTGAGE
<br /> MORTGAGE LOAN NO. L 22��83
<br /> � , KNOWALLMENBYTHESEPRESENTS:That Mer� P. Bennink and Leona C. Bennink, each in h15 dtld
<br /> her own right' and as spouse of each other, �; `_'
<br /> Mortgagor,whether one or more,in consideration of the sum of ' ' ."
<br /> ; Twentv Thousand and No/100-------------------------------------------------'"---- noLLnrts
<br /> F loaned to said mortgagor by Tha Equitable$uilding and Loan Association of Grxnd Island,Nebraslca,Mortgagee,upon 2�� shares of stock oF
<br /> ' said ASSOCIATION,Certificate No. L`22��83 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> � � desccibed teal estaxe,situated in-Hall County,Nebraska:
<br /> LOT SEVEN (7), IN BLOCK THREE (3), IN
<br /> : ' BEL-AIR ADDITION TO THE CITY OF GRAND
<br /> , .
<br /> t ISLAND, HALL COUNTY, NEBRASKA.
<br /> j
<br /> ;j ..�. . .. . � � . . . � � . . . . '
<br /> '�.:�g . . � . � � ' . � � .. �
<br /> ��# � . . � . . . . � . . . . . . .
<br /> ' �� .. . � . . .. � . . � . .
<br /> � toge[her with all the tenements,hereditaments and appur[enances.thereunto belonging,including attached floor coverings,all windoW screens,
<br /> � window shades,blinds,storm winduws,awnings,heating,air conditioning,and plumbing and�water equipment and accessories thereYo,pumps,stoves,
<br /> y refrigerators,and oiher fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br /> ���� � And whereas the said mortgagor has agreed and does hereby agree tha[ the mortgagor shall and will pay all taxes and assessments levied or
<br /> f assessed upon said premises and upom this rnortgage and the bond secured thereby before the same shali become delinquent;to furnish approved
<br /> insurance upon the buildings on said premises situated in ihe sum of 5 ZO�0��.0� payable tu said ASSOCIATION and to deliver to said
<br /> '.� �.ASSOCIATION the policies For sai�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 conditions of this mortgage or the bond secured hereby,the mortgagee shall,
<br /> � � on�demand,�be�entitled�to immediate possession of�the mortgagedpremises and the mortgagor hereby. assigns, transfers and�sets over to��ihe
<br /> �'mortgagee all tlie rents,revenues and income to be derived from the�mortgaged premises during such time as the mortgage indebtedness shall remain . .
<br /> S unpaid;and the mortgagee shall have xhe power to appoint any agent or agents ii 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 of repairing said premises and necessary
<br /> " commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be
<br /> K ��� �,.�applied toward the discharge of said mortgage indebtedness;these rights of Uie mortgagee may be exercised at.any time during the e�cistence of such
<br /> default,irrespective of any temporary waiver of the same.
<br /> � Thesc Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or beCore the maturity of said shares by
<br /> � ��� � payment;pay mont}��y to said ASSOCIATION uf the sum specifled 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 against said premises and on this Mortgage�'
<br /> A. � . . . .. � � � �2� ���.�� .�� a able �
<br /> and the Bond secured thereby,before delinquency;furnish approved insurance upon[he.buildings thereon in the sum of$ e � p y
<br /> � to;said pSSOC1ATTON;repay to sxid ASSOCIATION upon demand all money by it paid for such txxes,assessments and insurance with inurest at
<br /> . . �the maximum legat rate thereon from date of payment all of wlilch Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> { ���.�� this da B 8 P Y
<br /> ��i �.�with all the agreements and conditions of Uie Bond for 5 ZO� y given by[he�said Mort a or to said ASSOCIATION,and com 1
<br /> with all the�equirements of the Constitut'ron and By-Laws of said ASSOCIATION;then these presents shall bewme null and void,othenvise they -
<br /> � shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure For three months to make any of said
<br /> payments or be three months in arrears in rnaking said monthly payments,or to keep and comply with the agreements and conditions of said Bond; n
<br /> �y � �. and Mortgagor xgrees to have a receiver appointed fortliwith in such foreclosure proceedings. . � ��. � � . . .
<br /> IF there is aay cliange in ownership of the rea]estate mortgaged herein, by sale or otherwise,then the entire remaining indebtedness hereby
<br /> secured shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without
<br /> Tnrther 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 optian,bear interesrat the maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said
<br /> 4 bond,and any other bund for additional advances,together with all sums paid by said The Equitable Suilding and Loan Association of Giand Island,
<br /> Nebraska Yor insurance,ta�ces and assessments,and abstracting extensiom charges, with interest thereon, from date of paymant at the maximum
<br /> p', legal rate.
<br /> As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may heteafter 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 thereby,the total amount of principal debt not to exceed at any time the original amouni of this mortgage.'
<br /> � ` nacea xn;5 5th aay or � August � A.D.,i977
<br /> �-s-yd��C=4�-J�� -T_c-rt�t/ �� '�)v:.,,�-,,�,1^ )
<br /> " erl . Bennink � Leona C. Bennink
<br /> ; STATE OF NEBRASKA,� 15 Ch AU US'C 77 W
<br /> ss. On this day of 9 19 ,befoce me,
<br /> � COUNTY OF HALL
<br /> f �. ; .. � � � .�. �� � . the undersigned allotary PubHc in and for�said County,personally came : � � ���,
<br /> ... ..
<br /> ; Merl Bennink and Leona C. Bennink, each in his and her own right and as spouse of � �
<br /> , - who dY•e personalty known to �i �'
<br /> � .
<br /> f a,^�� ,
<br /> � � a k�e.idg rson 5 whose nameS affixed to the above instrument as mortgagor S and the.y severally ���y
<br /> ; aa�or�edged�HVef�'f�,�id'� rument to be t}I2�P voluntazy act and deed. :� =
<br /> ? ti07ARY r"�7"�E :tty hand and*Fotaria2 Seal the date aforesaid. � •
<br /> ��'� GOEXPlRES �XC. 'on e�.pires � \ ' ���.` i 'G��p � �•� � � . � . ,��.�.
<br /> � '��ic g4.Q.' \J;,a� Notary Public
<br /> ' :`1�,lAeti•3i•;:^aS'�.Q'
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<br /> • ` UF'NEb�"�
<br /> � :� � ___.1
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