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<br /> 77, UOF453
<br /> YORTGAGE
<br /> MORTGAGE LOAN NO. L
<br /> � IQdCNV A1.L AtEN 8Y THESE PRESENTS:7'but Robert P. Pei s 1 er and E1 i zabeth A. Gei s 1 er, each i n
<br /> hi s and her own right and as spouse of each other µ�� w���o�o��,������,���
<br /> Thirt,� Three Thousand Two Mundred and No/100------------------------------------- ���
<br /> b�oed ta oid roortp�or by The EquiUble Buildi�and Lwn Attocittion of Grand Island,Nebradca,Mort�tYee.upoa duraa of otoc�ic of
<br /> nid ASSOCIAYION,Cortiflcaus No.L 22$�5 ,do hereby�rant,convey asd mortgate unto thc nrid ASSOC(AT`!ON the folbwie�
<br /> dacribed real atate,dtwtsd in Msll Couaty.Nebrwlu:
<br /> SOUTHERLY TWENTY SEYEN {27) FEP7 OF LOT TWELYE AND
<br /> THE NORTHERLY THIRTY FEET (30) FEET OF LOT FOURTEEN (14j
<br /> IN BLOCK 1WENTY TWO (22) IN UNIVERSITV PLACE� AN ADDITION
<br /> TO 7HE CITY OF GRAND ISLAND. HALL COUNTY NEBRASKA.
<br /> W�ether weth a!1 the unementc.hereditaments and rppurtenances thereunto belimginQ,includin�attuhed floor ooveri�,r!!windav tcreens,
<br /> window ehadec,biinds,storm windows,awnings,l�eo�iag.air conditioniag,and plumbing and water equ�pment and accenoriet thereto,pumps.tta�e�.
<br /> rotriseratorc,and other fucturee and equipment no�v oi hereafter attached to or used in Wnnectiun with soid real estau.
<br /> Awd�vtrcreas thc said martgsgor hae agroed and does hereby agrae thai [he manga�wr eholl and will pay all tucts and a�wosnts 1sNed or
<br /> aneued upon uid premites and upon thie mortgt�and[he bond xcured thereby before the came clul!become detinquent;to ftuniah
<br /> Lrurance upon tlse buudinQc oa said premiaee eituated�n t1u sum of S 33�2��.� p�Y�k to �id ASSOCLATION and [o dsti��
<br /> ASSOCIA7iON the polieiec for s�id iaeurance;and not to commit or permit any waste cui or about aaid premiaos:
<br /> In c�te of defwtt in the peefwmrnce of any of the terms and conditiont of thio mcxt�age or the bond eecured heroby.the mortp�w drd>
<br /> os denwad. be entitled to immediate po�euwn of the mortgaged promices and thn mcxtygor hereby awi,nc, tnnderc aed oeu rnw W tfie
<br /> mextp�ee ail tlx renta,nwenues and income to be derived from the mixegyod premirc during such time a�the mcxtfa�e indebtadnsos du8 resri�
<br /> w�paid:and the mort�s�ee cha0 have the power to appoint sny a�ent or a`ents it may desue for the purpoae of repairi+�qid premirs aed ronty�
<br /> the nme aed rnlbctuy tl�e rontt.re�+enue�and inoome.and it inaY P+Y out of vid incoms dl e�cpenrc of rop�irip taid pa�e�awd eeae�ry
<br /> mmoiss6o�a and expan�ea incurrod iu rontins and m�na�iiy{t!u urne�nd of �llecti�q{ rentalt tMrefrom; ths h�lunee ro�,if asy,to be
<br /> �pp}�toward the d'iscMr af caid awrt y{ Tq
<br /> ds�wlt.'vr ctire of an t�a ���tedne�s;theee ri`hts of the mortsag�oe may be exerc��ed at any time durin{the e�d ekh
<br /> etpe Y mporary waiver of the ume.
<br /> These Prs�nte,however,ue upon U�e Coiuiition,'I`hat if tM said Mort�or slull repry xaid bun on or befwe the mrturity of t�iA�tres by
<br /> payaoeet:pey monthly to said ASSOCIA770N of ihe sum specifiod in ti�e Bond securod hereby as interoct ynd priscip�l on aaid b�n,op or bsforo
<br /> tka Twentioth day of each and every�nth,uMil caid loan is fuily paid;pay ail taxec and auessrt�ents kvaed a�aimt ea�d premi�es and oo tLie Mortp�e
<br /> and the sosd eecured thereby,before delinquoncy;lurnish approved inwrance upun the buildines therewi in d�s aan of S 33�ZQ�,� qyaMe
<br /> to��id ASSOClATION;ropay to s�id ASSOCtATION upon demand all wsoney by it paid for such tazes,asoe�ments and inauraap Witfi istersat at
<br /> ' the tmximran bgal rau theraon fro�n d�te of payment all of which A/ortgagor heraby agree�to pay;permit no wrsts aa cud premiasa;Iceep and ewaply
<br /> aitM alt the ssroements and eonditiwne of the Bond fur S 33�2�.� tFuc day Qivcn by tht erid Mort�or[o�aid ASSOC1A170N,ad ao�iy
<br /> with all the requirements of the Conuitution and BY�-ews of caid ASSOCIATfON;tlaen theae preseau dutl boecsme null aad w„d,otMnrir t�y
<br /> tludt remain in full faoe and may be foroclosed at the optioso uf tde a�id ASSOCIATION afur faitwe for throe mouthe to�Ycn awy of a�id
<br /> pyments or be three months in arroua in malcina soid munthly pryments,oc to Iceep and camply with the a�roements and c�ditioni of oid Bo�d;
<br /> and l�ortyyw�aee to Fuve a reoeiMer appuin4od forthwith in wch foreclucurs pr�coedi�c.
<br /> If t6ene ic a�y du�ye in avaer�hip of the reY estato nwrt�apd hereie. by nle ur wl�e�wi�e, thmm the entue teaWnin� indeMednes hetiby
<br /> �eared�4aY,rt ehe a�pti�o(The£quiqbb wd Loan Asoocia[wn of[:r�eed letaad,Nobo�lw.booumo inr�adiueNy due aed payabk without
<br /> �4 Build�
<br /> fwti�er notiee,aad tAe amount ronrinins due usder iaid bond.and any other bond for aay additiosd�dv�mes�de tAermus�e+.dull.ferom che
<br /> v me
<br /> dau o{exercafe of nido�wn bear mtaroa at tAe maximwn kpt rate.aed[hio mortvye may then be forecbrd w oatiEy the amust dus oe wid
<br /> boad,a�ay othor band fw additioeal advanoes.together vith�tunu paid by aid The Eqaiabk Bwidin{u�d Lwn Auoci�tiow of(',nnd lel�nd.
<br /> AkbrHl�a[or inwnnoe.wcn and as�emneat:.and abstractinj exeenaia�n chuties, with intuest tl�er�oa. from dau of p�y�eent at the ie�ciww�e
<br /> lepl nte.
<br /> AspraideA in the Bond fecwed hereby,whik thix moctsa�e rem�inc d+effea tl�e�ortp�oe m�y hereafter advana�dditaonal wos to tfie
<br /> ' n�Cen of wi4 Hond.tl�eir auyw�«�carorc in interea�.wl+ici�aura tluN be within Me oecuri[y of this more�ye drc nme u the fwfds osi{inaily
<br /> rarrd tbroby,ehe�otal amo�mt of p�iarip�!dsbt not to exosed at wy tieia tAe widnd aeuwet of t1�mc�rty�s.
<br /> � �th �r�' No�ereber w.n..iy 77
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<br /> '' Y El# 11. Seisler +
<br /> aTi►?E o�+1V£aRAslu.t., on�Ai. 4th. d�Y of Novellber �9 77 .ee6«r�e.
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