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<br /> 77—U06'793
<br /> MORTGACE
<br /> �fORTGACB LOAN N0. � 22836 �
<br /> I KNOWALLMGNBYTHESEPRESEN7'S:That Delton L. Fegter and Patsy L. Fegter, each 1� f115 and
<br /> her own right and as spouse of each other
<br /> ;' � Mortgagor,whether one or more,in considentlon of the sum of
<br /> Twenty-Six Thousand and No/100---------------------------------------------------- po[.tnes
<br /> i loaned Io sald mortgagor by The Equitable Duilding anJ Luan Auociation of Crand[sland,Nebr3ska,Afortgagee,upon Z(0 shares of:tock oC
<br /> i saiJ ASSOCIA'f10N,Certificate No.L 22836 ,do I�ercby grant,convey and mortgage unto the said ASSOCIATION tho following .
<br /> � described real estate,situated in Hali County,Nebraska:
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<br /> LOT TWENTY-NINE (29) R & B SUBOIVISION
<br /> HALL COUNTY, NEBRASKA.
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<br /> together widi all the tenements,hcrcditamcnts and appurtenanccs thcreunto bclonging,including attached Ooor corerings,aIl window screens,
<br /> window shades,blinds,storm windows,awnings,fieating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> rcBigerators,xnd other fixtures and equipment now or hereafter attached to or used in connectimi with said rcal estate.
<br /> And whereas the said mortgagor has agreed and does hcreby agcee that the murtgagor shall and will pay all taxes and asussments levied or
<br /> assessed upon said premises and upun this murtgagc and the bond secureJ thereby bc(orc the same shall becomc delinquenr,ro(umisli approved
<br /> insurance upon the buildings on said premius si�uatcd in the swn of S 2(,QQ�.�� payabk to said ASSOCIATIOtv and to delivu to said
<br /> ASSOCIATION the pulicies for said insurance;and not to commit or permit any waste on or about said premius;
<br /> In case of default in the performance of any of the terms and conditions uf this mortgage or the bond ucured hereby,[he mortgagee shall,
<br /> on demand,bc eNilled to immediate pussession of the mongaged premisc: and the murtgagor hereby assigns, trans(en and uts over to the � �
<br /> mortgagee alI tlie rents,revenucs and income to be derived from the mortgaged pmmises during such time as the mortgage indebtedness shall remain
<br /> unpaid;and thc morlgagce shall have�hc power to appoint any agent or agents it may desire for�he purpose of repairing said premius and renting
<br /> the same and coliccting lhc rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary
<br /> commissions and expenus incurred in ranling and tnanaging dw same and of collecting rentals therefrom;the balance remaining,if any,ro be t.
<br /> applied Iuward the discharge of said mortgage indebtedness;theu rights of the murtgagee may be exercised at any time during the existence of such
<br /> dc(ault,irrcspective of any temporary waiver of ihc samc.
<br /> Thex Prescnts,hu�eever,are upon the Cundition,That if the said lfortgagor shall�epay said loan on ur befu:e the maturiry of said shares by
<br /> payment;pay monlhly lo said ASSOCIATION oF ihe sum ipecificd in the Uond secured hereby as inte¢st and principal on said loan,an or before
<br /> thc Twcnticth day of each and every month,until said loan is fully paid;pay all taxes and assessments levitd against said premises and un this\lortgage �
<br /> and tlie Bond secureJ thereby,be(ore delinquency;furnish approved insurance upon the buildings thereun in thc sum of 5 2(,���.QQ payablc
<br /> to said pSSOCIpT10N;repay to said ASSOCIATION upon demand all moncy by it paid for such taxes,assessments and insurance with intercst at
<br /> the maximum legal rale thereun(rom date of paymcnl all of which Dforlgagor heceby agrees to pay;ptrmi[nu waste un said premises;kcep and comply
<br /> with all the agreements and conditions of qic Bond fur S Z(��OD.00Ihis day given by the said Mortgagor tu said ASSOCIATION,and comply
<br /> with all the requirements of thc Constitution and$yLaws o[said ASSOCIATION;then theu presents shall become null and void,uthenvise they
<br /> shall remain in full forcc and may bc(urecloxd at thc uption of the said ASSOCIATION after failure (ur three munths tu makc any oF said ;;�'
<br /> paymrnts or be Ihree munths in arrears in making said monlhly paymenis,or to kocp and comply with the agreements and conditions of taid DonJ;
<br /> and�lorlgagor agrees�o havc a receivcr appuinted forlhwith in such(oreclosurc procceJings.
<br /> If therc is any changc in uwr.crship uf thc real estate mortgaged herein,by sale ur othcrwise,then the entire remaining indebtedness hereby
<br /> sccured shall,at the option aC7'he Equitable Building and Loan Associa�ion of Crand Island,Nebraska,uccome immediately due and payable without
<br /> furthcr notice,and the amount remaining duc undcr said bond,anJ any other bond for any additionai advances made thercunder,shall,hom the
<br /> Jate of exerciu o(said option,bear intcrest at the maximum Ic�l rate,and this murtgage may thcn be foredosed to satisfy the amount due on said •
<br /> bond,and any other bond for additional advanccs,togcther with all sums paid by said The C•quiteble Building and Loan Associatiun of Grand Island,
<br /> Nebraska for insuranm,taxes and asseumenls,Tnd abstracling extension charges,with interest thereon,(rom date of paymmt at the mazimum
<br /> legal rate.
<br /> As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br /> makers of said Uond,their assigns or sucuswrs in inicrest,which sums shall be within the ucurity of this mortgage the same as the funds ori�inally
<br /> ucured thereby,the total amount o(principal debt nut to cxacd at any time the original amount of this mortgage.
<br /> ac�a in�: 5th aay or October n.o.,�v 77
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<br /> • n e er —
<br /> P sy L. gter t
<br /> STATE OF NE9RASKA,1 ss. On Ihis .*`� ,;• ;
<br /> COUNTY OF HALL 1 5th day of October I9)� ,be(ore me, ;� �µ
<br /> Ihe undersigned,a Notary Public in and for said County,permnally came �
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<br /> Delton L. Fegter and Patsy L Fegter, each in his and her own right and as spouse �f each ?.,"
<br /> other t�--'°S'1� who are ��sonallyknownto h t'
<br /> r,.j�.�.�
<br /> me to be the iden bt��t�jj,s„ �i;� se name S are aFfixed to thc above instrument as mort a or und
<br /> ��' . c + B B s they severally
<br /> acknowledged t1�n7a in5aum��ai'o��`•p ei r voluntary act and deed. '
<br /> rac1�'1?M1�CSS�ny hand aqdN arial Seai the date aforesaid. )
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<br /> ��t My Commiuion ex�ir�s� �u� v _��L`�-
<br /> ,, . ; �c� 7, /9�v / -�
<br /> s.�.va at �`,,��..,'•,..•, �. :,t " Notary Public
<br />� `�Z��` OF'�•'"�. �/ J
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