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<br /> 77- (.)U4793 �
<br /> MORTGAGE _
<br /> MORTGAGE LOAN NO. � ZZ,JHg ,
<br /> IQVpWALLMENBYTH�SEPRESENTS:That �+'IeP�y►1 (.. Holdt and Donalle A. Holdt, each in his and
<br /> � her own right and as spouse of each other
<br /> Mortgagor,whether one or more,in consideration of the sum of
<br /> ; Twenty Thousand and No/100-------------------------------------------------------- DOLLAxs
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon shazes of stoak of
<br /> said ASSOCIATION, Certiflcate No.L 22 r�$9 ,do heie6y grant,convey and mortgage unto the said ASSOCIATION the following
<br /> �� described real esiate,situated in Hall County,Nebraska:
<br /> LOT FOUR (4) IN RAVENWOOD SUBDIVISION, HALL COUNTY, NEBRASKA,
<br /> BEING A TRACT OF LAND COMPRISING A PART OF TNE SOUTH HALF OF
<br /> THE SOUTHEAST QUARTER (SZSE4) OF SECTION THIRTEEN (13), TOWN-
<br /> SHIP ELEVEN (11) NORTH, RANGE NINE (9), WEST OF THE 6TH P.M.,
<br /> HALL COUNTY, NEBRASKA.
<br /> . � �
<br /> „ together with ali the tenements,hereditaments and appurtenances[hereunto belonging, including attached flour coverings,all window�screens,
<br /> window shades,blinds,storm windows,awnings,hea[ing,air conditioning,and.plumbing and�water equipment and accessories thereto,pumps,stoves,
<br /> v., refrigerators,and other fiztures xnd equipment nuw or hereafter attached to or used in connec[ion with said real estate. � � � �
<br /> And whcreas thc said mortgagor has agreed and does heieby agree that the morcgagor shall and wili pay atl taxes and assessments levied or
<br /> assessed upon said premius and upon this mortgage and the bond secured thereby before the same shail become delinquene;to furnish approved
<br /> i � � insurance upon ihe buildings on said premises situated in the sum of$ Z�,���.�� payable to said ASSOCIATION and to deliver to said
<br /> ASSOCIATION the policies for said insurance;and not to commit or permit any wastc on or about said premiser, � �
<br /> . . In case of defa�lt in tlie performance of any of the terms and conditions of tlus murtgage or the bond secured hereby,[he mortgagee shall, �
<br /> � on demand,be entitled ta immedia[e possession oF the mor[gaged premises and the mor.gagor hereby assigns, transfers and sets ovet�[o�the�
<br /> s � mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain .
<br /> ;.� � unpaid;and the mortgagee shaR have the power to appoin[any agen[ur agents it may desire for the purpose of repairing said premises and7znting�
<br /> �the same and cotlecting the rents,revenues and income,and it may pay ou[ of said income all expenses of repairing said�premises and necessazy
<br /> commissions and exQenses incurred in renting and managing the sxme and of collecting rentals therefrom; the balance remaining,if any,to.be
<br /> � applied toward the discharge of ssid mortgage indebtedness;[hese rights of the mortgagee may be exercised at any time during the e�cistence of such�.
<br /> � �default,�irrespective of any temporary waiver of Ihe same. � . � � � � .� .
<br /> � � These Presents,huwever,are upun the Condition,That if[he said Mortgagpr shall repay said loan on or before the maturity of said shues by��
<br /> � payment;pay mnnihly 2o said ASSOCIATION of the sum specified 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 Yaxes and assessments levied against said premises and on�Uiis Mortgage
<br /> . and the,Bond secured thereby,before delinGuency,fumish approved insurance upon the buildings thereon in the sum of S :2��QQQ.QQ payab3e.
<br /> � to said ASSOCIATION;repay to seid ASSOCIATION upon demand all money by it paid for such taxes,assessmenYs and insurance with interest at�
<br /> � the inaximum lega]rate thereon from dale of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premites;keep and cnmply
<br /> with all the agreemenis and conditions of the Bond for$ ZO,OOO.OO�his day given by the said btortgagor to said ASSOC1AT10N,and comply
<br /> . . : with all the�requirements of the Constitution and By-Laws of said ASSOCIATION;thzn xl�ese presents shall become null and void,oiherwise thty �
<br /> shaU remain in full force and may be foredosed at the option o(the said ASSOCIATION after failure for three inonths to make any�of said
<br /> payments or be three.months in urrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond; "
<br /> � � and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. �
<br /> �� If there is any change in ownership of the real estate mortgaged herein,by sate or otherwise,then the entire remaining indebtedness hereby�
<br /> � secured shall,at the option of The Equitable Building and Loan Association of Grand Isiand,Nebraska,become immediately due and payable without
<br /> further notice,xnd the amount remaining due under said bund,and any other bond for any additional advances made thereunder,shall,from ihe
<br /> �� date of exercise of said option,bear interest at the�naximum legal rate,and this mortgage may then be foreclosed to saiisfy the amount due on said � �
<br /> ' �bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building end Loan Association of Grand Island, � �
<br /> ; � Nebraska tor insurance,taxes and assessments,and abstracting excension charges, with interest thereon, from date of payment at the maximum �
<br /> legal rate. �. � �� . � �
<br /> As provided in the Bond secured hereby,while this mortgage remains in effent the mortgagee may hereafter advance additional sums to the
<br /> . makers of said Bond,[heir assigns or successors in interest,which sums shall be within the security of tlus mortgage the same as the funds originally .
<br /> secured[hereby,the total amuunt of princip;il debt not to exceed at any Yime[he�original amount oF this mortgage. . .
<br /> Dated this ZZIICI day o£ August n.D.,i9 77
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<br /> �a�'�..��� Y�✓��.,/.. . . � . . .. .
<br /> �Donal-le A. Hold
<br /> STATE OF N�BRASKA,� 22n[I AUg US t 77
<br /> , � ss, . � � . On this . �day�of I9 ,before me, � �
<br /> COUNTY OF HALL ,�
<br /> the underci ned,x No[ary Public in and for said County,personally came � ,`�
<br /> Meriyn L. Holdt and Donalle A. Holdt, each in his an� her own right and as spouse of each � �;;'�_'
<br /> � ... 0'�f'ItY' ���,.` .� � : � . . . . � � � . . �� � .. who dY'2 Personally known to � : ,
<br /> me e�lte ICCM� n g whose namc� d re affixed to the above instrument as mortgagoc S �d tf1L',y��e=a11Y `S%�,�"
<br /> n�'�Le�tlQ,�fcj inst ent to be thEl 1^ voluntary act and deed.
<br /> �ra Wl�i^.�SS .'iazid and Notariai Seal the date afc�esaid.
<br />� ��= NOTARY_� _ eb. � . n. . .. t� � �„� .
<br /> � � "' ; CDMMISSI�$'MK�vrn '�n�expires�y�..�` ..� /,�.4_.� . ��.�� t�.,y ,�/�� � ' s: .
<br /> � � EXPIRcS ' � �•� . �.... �,V 1 �\—Q.�°'"Y . .
<br /> �' ��q�;c 31 �,U�•��C�C Notary Public
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