|
f_ "'�
<br /> 77' U�7160
<br /> MORrcwce
<br /> MORTCAGE LOAN NO. L . 3
<br /> rKNOWALLldENBYTHESEPRESENTS:That Donald L. Hadenfetdt and Florence M. Hadenfeldt, each
<br /> in his and her own right and as spouse of each other
<br /> Mortgagor,whether one or more,in consideration of the sum of
<br /> Twenty-Four Thousand Eight Hundred and No/100------------------------------------- m�LA�
<br /> loaned to said rtwrtgagur by The Equitable Building and Luan AssociaGun of Grand Island,Nebru�lca,Murtgagee,upon Z4$ shares uf stock of
<br /> said ASS0C7ATION,Cer[ificate No. L 22,931 .a�heroby grant, convey and murtgage unto the said ASSOCIATION the following
<br /> deuvibed real esute,sitwted in Natl County, Nebraska:
<br /> THE EAST HALF OF LOT SEVEN (7)
<br /> AND THE EAST HALF OF LOT EIGHT (8),
<br /> ALL IN BLOCK FIVE (5), IN THE
<br /> FOURTH ADDITION TO CAIRO, HALL COUNTY,
<br /> NEBRASKA.
<br /> together wi�h all the tenements,hereditaments and eppurtrnancrs thrreumu brlunging, induding aneched flour cuverings, all window screens,
<br /> window shades,blinds,swrm wmduws,uwnings,heating,air cundiGuning,and plumbmg and weter eyuipment and acceswries thereto,pumps,s[oves,
<br /> refrigerators,xnd uthrr fixtures and ryuipmem now.�r hereafter attached tu or used m cunnectiun with sxid real estxte.
<br /> And whereas the said moregxgor has egreed and dues hereby agree that tha murtgagur shall and will pay all taxes and assesunents levied or
<br /> assessed upon said pmmises and upun this martgage and the bund secured thereby brfure the same shall becume delinyuent:to furnish approved
<br /> insurance upun the buildings on said prrmixs situuted in the wm o(�24 HOO.0� payuble w said ASSOC'IATION and w deliver to said
<br /> ASSOCIATION the pulicies for s�id insuram:e;and not w wmmit ur perm� any wa;tr un ur abuut snid premiacs:
<br /> In case of default in the perfurmxnce��f any uf the terms and cundiuons uf tfu: murtgage or the bund secured hereby,the mortgagee shall,
<br /> on demand,be entitled tu immediate pussession uf thr mungaged prcm�s�s end the murtgage�r hereby� assigns, transfers and seu over to the
<br /> nwrtgagee �II the rents,revenues und incume tu br derived frum the murtgaged pre�nisea during such time as[he murtgage indebtndnexe shaA remxin
<br /> unpaid:and the murtgagee shall heve the puwer tu appomt any agent ur agents it may desirr fur the purpuse of repairing said premises and renting
<br /> the same and milectmg the rents,revenues and income,and it may pay uw o(said incume all exprnsea uf repairing said premiws and necessrry
<br /> cummissiuns and ezpenses mwrreJ in renting and manag�ng the same and o(collecting rentals therefrom; the balana remaming,if any,tu be
<br /> xpplied toward the Jischaigr uf seid mortgege indrbtedness:thesr rights uf the mort�gee may be exereieed at any time during the ncixtena uf such
<br /> de(ault,irrrspectrve of any tempurnry walver uC[he syme.
<br /> These Presenta,however,urc upun thr Cundition,That if the sa�d Mungagur shall rcpay vx�d luan u��ui bnfure thr maturity uf said shares by
<br /> payment:pyy monthly w sa�d ASS(X'IATION of�}�e wm specit7ed m the dund se vrcd hereby as mterest end pnncipal on su�d luan,un ur be(ore
<br /> tht Twent�eth dey of each end every month.until said luan is fully paid:pay all texes and rssessments lrvled agamst said premixs and un this Murtgage
<br /> and the Bond secured thereby,befure delinyuency:fumish approved insurancr upon thr builJings thereon�n the sum of g 24�$�0.�� payeble
<br /> to sxid ASSOCIATION:repay tu u�d ASSO('IA'IION upun drrtwnd all munry by ii pnid tl�r such taxes,asscsaments and insurance with marest at
<br /> the maximum legal rate theceon fmm datr of payrnrnt all ul whi��h Murtgag�r he�eby�ngrees to pry;permit nu waste on s-aid premises�,keep xnd cumply
<br /> with nll the agreemen�s and conditions u(the Bond fur 5 2Q.$QQ.QQ th.s day grvrn by the said Mortgagu� �o said ASS(x'IATIUN,and wmply
<br /> with xl!the requirements uf the Cunstitution ynd By-Lawx of sa�d ASSO(`IATION: then these prnstnts shylt bncume null and vuid,utherw�se they
<br /> shall remain in full (urce and may be ti>reclosed at the uptiun�(the said ASSO(�(A7'ION eftei (ailuro tur three rnonths t.i make xny of uid
<br /> {fayntents or be three munths in arrears m making said munthly psyments,.�r t��Aeap and cumply with the agreements and cundi[ions uf said Bond;
<br /> and Mortgagor egrees to have a recerve�eppulnted forthwith in wch luredusurr pruceedings.
<br /> II there is any chxnge in ownuship uf the real rs�ytr murtg�ed herein,by sale ur utherwise, then the entire remrining indebtedness hereby
<br /> securod stull,at the uptiun of Thr f:yuityble Building and Loan Associatiun uf Crand Island.Nebraska,becume immodutely due and payabk withuut
<br /> further nutice,and the amuunt remain�ng due under syid bond,and any uther bund for any xdditionxl advances mPde thereunder,shall,frum the
<br /> date o(ezercise ut urid uptiun,bear inte�rst at lhe uuxi�uum le�l iatc,anJ this murtg�gr�nyy t}len be lureclosed tu sytisl'y the rmuunt 3ue un srid
<br /> bond,rnd any uthtt bond for additional ydvynas,together with all sums paid by uid The Fyuitablr Building y�d Loan Associatiun of Grand Island,
<br /> Nebraska for insurance,taxes and ussessments,xnd absiracting extensiun chargrs, with interesi thereon, Gom date o! payment at the maximum
<br /> kgal rate.
<br /> As pruvided in the Bond secured hrreby,while �his mortga�e remains �n effea the murtgagee may hereafter xdvance additiunal sums to the
<br /> mxkers of said&md,their ascigns ur successors in in[errst,which sums shall br within the securiry of this murtgage thr samr as the funds unginally
<br /> fecurcd thereby,the totd a�twunt of principxl debt nu�to ezceed yt any eime the origirul amount uf this murtgrge.
<br /> [��f#.�n,s 1?�d i �r�E December A.D..1'I 77
<br /> �;(',.'�-" ! :.,�' ;i��:-,�-� f
<br /> o aene � -- � �� ' -
<br /> �a,_ ,, '7`h. ` ���..i`'-.��
<br /> Florence M. Hadenfeldt
<br /> STATE OF NEBRASKA,�� p�<his �2th, day o(
<br /> Ca1NT,Y OF HALL December I y 7� ,beforr me, �,
<br /> the underay{ned,a hutxry Public in und(ur said Cuunty,perconaUy came �:.�.�.
<br /> � Donald L. Hadenfeidt and Florence M. Hadenfeldt, each in his and he� own right an� a�s s�souse £° ,�,
<br /> Of e3Ch Ot�l' w u 31'C P�rwn 1y no to ���
<br /> ��������P���S whor�a+ne 5 a1Y affiued to the ybove instrument ac mortg�go� rnd thEy x��y �°
<br /> adcaowbd�e�shc..id in.uwmnt w be thei r ��y,a ana�ieea /��\
<br /> � / / �_.
<br /> 1WTN£SS tny faed r+d A3a�rid So�l tfie date�forcaaid. � J ��j;/
<br /> i GENtW4' �+ + �� �
<br /> � !%,`��G,�� _ �
<br /> ,...
<br /> 3AM : � Noary lic
<br /> �Mv com � . . . . . �`� /� �// '/
<br /> "—�______._._.� �
<br />�
<br />
|