|
��-�
<br /> � �
<br /> 77- t��j'�J37
<br /> IdORTGAC.E
<br /> � MORTGAGF.LOAN NO._L ZP.918
<br /> KNOW ALL MEN BY THESE PRESENI'S:That John E. Pfei fer d11d �Ol 5 A. Pfei fer. each i n hl S d11d
<br /> and her own right and as spouse of each other,
<br /> —_____—Murtgagor-whethe=one ur morc,in concideration of[hc tum uf
<br /> Forty Thousand and No/100------------------- -------_m��w�
<br /> loaned w said mortgagor by The Equitable Building and Luen Aawciatiun of Grand Island,Nabreska,Murtgxgee,upun 4QQ shares uf'etodc of
<br /> said ASSOCIATION, Certificate No. L 22�9�$ ,du hereby grant, convey and murt�e unto the said ASSOCIATiON the folluwins
<br /> described real estate,sitwted in Hal!County,Nebraska�
<br /> LOT THIRTY-TWO (32) R & B SUBDIVISION
<br /> MALL COUNTY, tJE[3RASKA
<br /> together with all the tenements, hrredi�amen�s �nd appurtenanees thrrruntu brlungmg, iiuluding et[ached iluur covenngs,all winduw screens,
<br /> winduw shades,blinds,sturm wind.�ws,awnings,heating,au cundiduning,and plumb�ng�nd water eyuipment nnd accessuries theretu,pumps,stoves,
<br /> refrigerators,and o[her fixtures and eyuipment nuw ur herexfter attached to ur used In c��unectiun wrth said reai rstete.
<br /> And whereas the said mortgagur has egreed and dues hereby agree that the �nortgag�r sliall and will pay all taxes and suessmenu lev�ed ur
<br /> assesxd upun sxid prcmises•and upun this rnurtgagr and the bund srcu�ed thrreby brlure the same shall becume delmyuenr,to furnish approved
<br /> insurance upun the buildings un said premisrs situated in[he sum of$4O OOO.OQ Pay�ablr t� uid ASSIX'IATION xnd W ddiver to said
<br /> ASSOCIATION the pulicies for said insurance:and nut to commit ur permTt nny was e��n or about said promises:
<br /> !n case uf default in the perfurmance of any uf the ierms and cundrtions o(this mortgage ur the bund srwred hereby,the mortga�ee shall,
<br /> on demand, be entided to immediate possession u(the mor�gagtd premises and the rnurtgagur hrreby ass�gns, trxns(ers and sets uver W [he
<br /> rtwrtgagtt all the rents,revenues and income w be derived from thr murtgagrd pram�ses du�ing such time as the mortgage indebtednesc shxll remxln
<br /> unpaid;and the mortgagee shall have the Ex>wer w appuint any agrne ur agents rt mnv drs�re fur the purpuse of repairing said premises xnd renting
<br /> tfte seme and eulleeting the rents,revenues nnd income,and it may pay out u( said incumr all expenses ot repairing said premius and neaseary
<br /> commissiuns and expenses incurrrd in renting and nunagmg the samr and u( cullecting rrn[als thercfrom; the batance �emaining, if any,to be
<br /> applied�uwxrd the dlscherge uf seid murtgagr indebtedness;these rights uf the rn�xtgagre may be exercised et eny time dunng ii��c exis[ence uf such
<br /> default,irrespechvr of any tempcxary waiver of the same.
<br /> These Preun[s,however,are upon the Cundition,Thnt if the said Mortgagor shail�epay sa�d luan on u� before the ma[urity uf suid shares by
<br /> payment:pay munthly to said ASS(X'IATION uf the sum sprcified in thr Bund secured hereby ns mterest and principal on uid luan,un or briure
<br /> the Twentieth day uf each and zvery month,un[il wid loan is fully paid:pay xIl texrs and assrvsments levird agninst said premises and un this Murtytge
<br /> and the&md secured thereby,before deGnquenry-,(urnish appruved insurancr upun the bwldings thrreun m[he sum of$4O���.0� payublr
<br /> to said ASSOCIATION:repay tu said ASSO('IATION upun demand all munry by it paid f.�r such taaes,assessrnents end insurance with interest at
<br /> the maximum legal rate thereun tiom dnte uf peymrm ail of which Mortgxgur hrreby egrers w pay;permit nu weue un uid premises:keep and wmply
<br /> with all�he agrttments and condihuns of the&�nd(ur 5 40 p � (�(� this dey grven by ihe said Murtgagw [u suld ASS(X IATION,and wmply
<br /> with all the requirements of the Cunstitutiun and By•Laws ol�sa��ASSa('IATIUN; then these presents shall bccomc null and void,otherwise they
<br /> shall remain in (ull furc;e and may br foredosed at the uphun uf ttm said ASSO('IATION after feilure fur three mun[hs tu make any uf said
<br /> payments ur be three munths in arrears in making seid munthly payments,ur W keep and cumply wuh the agreements and cunditions ui said BunJ;
<br /> and Murtgagor agrees�o have a receiver appo�nted furthwith in such foreclusure pruceedmgs.
<br /> If there is any change in ownership u(the real estate murtgagrd herein, by swle ur utherwise, then the entire remaining indebtednees hereby
<br /> � cecured shall,at the up�iun u(The F.yuitable Bwlding and Loan Associxuon uf Grxnd lsland,Nebrysku,be�ume irnmeJirtety due and payrblt withuut
<br /> fur[her notice,and the amount remaining due under said bond,and any uther bond for any xdditional advances made thereunder,ehall,f rom the
<br /> date of ezercise o(said option,bear interest at the maximum legyl rate,and this mortgage may then be Coreclused to satisfy the amount due on srid
<br /> bond,and any other bond for additional advances,together with all sums paid by said The F.yuitable Building Ynd Luan Aseocia[ion of Grand Island,
<br /> Nebraska for insurance,[axrs and assesxments,and abstracang extension churges, with interest thereon, from date of payment at the maximum
<br /> legal rate.
<br /> As provided in thr Bond ucumd hereby,while this murtgage remains m efCect the murtgagee may hereaf[er advancr additional sums tu the
<br /> malcers of said Bond,thelr assigns or successors in interes�,which sums shall be within the securiry of this murtgrge thr same as the funds originrlly
<br /> ae�:�d thereby,the tota!amount of principal debi not to exr.eed at any time the uriginal amoun[uf this murtgage.
<br /> %; -�ea�n�s 5 � aay„r December A.�..�y 77
<br /> "",�. � �' ,- .
<br /> 1
<br /> / yn • ois , eifer "
<br /> STATE OF NEBRASKA,�� On this da of 4
<br /> COUN7Y OF tiALL 5th. Y Decembe r Iv]] ,bePorc me, ,n:
<br /> � �,.
<br /> the underaigned,a Notary Public in and Cor said County,personally came � '�
<br /> John E. Pfeifer and Lois A. Pfeifer, each in his and her awn right �nd as spouse of each ",���
<br /> Ot{�r W ° are P�rwnally krwwn to .:-�t&:. .
<br /> �
<br /> me to be tix identical SL, M mme 5 a Y'E dfized to[he above Instrument xs rrwrtgagor 5 ynd thEy seve�dlv
<br /> adc+fowkd�ed the ' uD�M��t� i r voluntary sct a�+d deeti �.
<br /> Seal the date aforeaid.
<br /> C � T i �
<br /> �":"''�' �. ��/?,i9.?U ����'�,-��.-. �/'�I,��-^-�_,.tl-_�'�.
<br /> t��sr iu `�G; .�. � _ ._. _.r-_ Nuury Publ�c�-
<br /> ����;:• :.:.. �•° -- - �
<br /> �.
<br />��� - .
<br />
|