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<br /> MORTGAGE
<br /> MORTGAGk'.LOAN NO. L 22+9�G
<br /> � KNOW ALL MEN BY THESE PRESENTS:Thrt A1 fred W. Beckl er and Judi th K,. Deckl er, each 111 h15
<br /> and her own right and as spouse of each other
<br /> Mort�ur,whether one or more,in consideration of the tum of
<br /> _FiftPen Theusand Two Hmdred and No/1�0-----------------_—_—______________________ppLLARS
<br /> luaned lo sxid mortgagor by The F,quitable Building and Luan Assuciation of Grand Island,Nebraskx,Mort�,ygce,upon �52 sharec of stock of
<br /> ssid qSSUCIATION,Certificate Na L 22,936 ,do hereby grant, convey and murtgage unw the said ASS(XIATlON [he(ulluwing
<br /> described rexl estate,situated in Hall County,Nebraska:
<br /> LOT SEVEN (7) IN BLOCK SEVENTY (70)
<br /> �dHEELER AND BEN'VETT'S SECOND ADDITION TO
<br /> THE CITY OF GP.AND ISLAND. NEBRASKA.
<br /> together with all the tenrments,hemditaments end appurlenances thrrcun�u brlunging, mclud�ng nttxched iluur cuverings,all window scrcens,
<br /> window shades,blinds,swrm winJuws,awnings,heating,au c�nditiuning.and plumbing nnd weter eyuipment and ecuswries therew,pumps,stovet,
<br /> refrigeraturs,and uthnr(ixtures xnd ryuipment now or herea(ter attachrd ro ur usrd in�uunrcU.m wlth said real estnte.
<br /> And whereas the said mortgagur hes agrerd and dues hereby agree that the rnurtgago� sh�ll and will pay all tazes and assessmrnt>levied or
<br /> assessed upim uid prcm�ses and upun this mungage anJ the bund securcd thereby bei��re the sume shall become deLnqurnr,to(urnish appruved
<br /> insurancr upon the bwldings un se�d premises situated in the sum of S 15 200.�� payeble w said ASS<X'IATION and to deliver to said
<br /> ASSOCIATION the policies!or said insurance;and no�to cummit ur permilany waste on ur abuut said premises:
<br /> In case u(default in the perfurmance olany uC the terms and cund�tions uf this murtgage ur thr bund secured hereby,[he morega�{ee shall,
<br /> on demand,be entitled to immediate pussession o(the mongaged prem�ses nnd the nwrtgagw hrreby ass�gns, transfers and uts over to the
<br /> mongagee all the rrnts,revenues and incume t�i br drrived Crum the murtgaged prrmises dunng such time as the murtguge Indebtedness shall rertwin
<br /> unpaid:and the murtgagee shail have the p.iwer w appuin�any agent ur agenis it may desire (ur the purpuse of repainng said premises and renting
<br /> [he same and collecting the rents,revenues and incume,and it may pay uut o( sald incume all rxpen�s of repairing said premises xnd neassary
<br /> commissions and expenses incurred in rrnting xnd managing the seme and o( coilecung rrntnls [herefrom: the balxnce remaining,if any,to be
<br /> applied toward ihe dischn�ge uf said mur[gage indeb�edness:these rights u(�hr murtgagee may be exercised a[any�imr during tlu existene:e of such
<br /> del'auL,irrcspertive of any tempurary waiver o(thr same.
<br /> These Presems,howaver,arc up.m the Cundition,"fhat if thr said Murtgagor shall repay s•rid loan un ur befure tltt matunty ul'sx�d sharcs by
<br /> paymenr,pay monthly to sa�d ASS(X'IATION uf the >um specified in the Bund sccured herrby as mterest and pnncipal un sa�d luan,un ur befure
<br /> tht Twentieth day of each and evrrg munth.un�il said loan is Pully paid;pay all taxes end asses>men�s lrvird against sa�d premises and un this Murtgage
<br /> ynd the &md secured thereby,befure delinyuency;(urn�sh appr.�ved msurance upun thr bu�ldmgs thrreon�n the sum u(5�S.Z�O.�� payable
<br /> to said ASSOC'IATION;repay tu eaid ASSOCIATION upon drmand all munrv by n pnid fur such taxes,asxssmen[s nnd insurxnce with mteres[yt
<br /> the mazimum legal rntr thereun f rum date uf payment xll uf whuh Mongagur hereby agrees iu pay;permit no waste on uid premises;keep and cumply
<br /> with all the agreements and conditiuns uf the Bund(or$ �rj�2Q�.QQ chis day g�ven by thr wid Mungago� tu said ASS(X'1A770N,and comply
<br /> with all the requirenxnts uf thr(bnsu�ution and By�Lnws uf said ASSIX'IATION; then thear presenh shell becume nuA and vuid,utherwise[hey
<br /> shall remxin in (ull force and may be lurrclused at the uptiun of�he sa�d qSSO('IAT70N at�rr (ailure for thrce munths tu mxke any u(sa�d
<br /> pyyments ur be three munths m a�rcars in making uid monehly payments,ur w keep an1 cumply with the agreemrnts and cunditions uf said Bund;
<br /> and Mortgagor agrees to have a�ecerver appointed funhwi�h m such furecl.�sure p�aceedmgs.
<br /> If�here is any changr in uwnership uf the rerl rsta�e murtgaged herem,by ule or utherwise, then the enhrc rert►aining indebtedness hereby
<br /> sea:ured shall,at thr optiun of The I{yuitable Building and Loan Associxtiun u(G rand IsIv�U,�'ebrxska,becomr immediately due and payable without
<br /> . further nutice,and [he amoum romainmg due under said bund,and any uther bund fur xny additiunal advances made thereunder,iliall,from tht
<br /> date u(exerc�se of said option,bear interest at the meximum legal ratr,xnd this mor[�ge rtwy then be forcclused to satisfy the amount due un said
<br /> bond,and any other bond for additional advances,together with atl sums paid by sx�d 1'he Eywtrble Building ynd Losn Aswcia[iun uf Grand Islrnd,
<br /> Nebraslca(ur insurance,taxes and assrssments,and abetracting extensfon chargrs, with interest thereon, from date of payment xt the ms�timum
<br /> kgal rate.
<br /> As provided in the Bond secured hrrrby,wh11r this murtgage rrrneine in rftert thr murtgager rtwy hereafter advana addiuonxl sum�[u the
<br /> mykers of said Bond,their assigns ur succexsurs in interest,which sums shall be wuhm thr secunty uf this mortgxge the same�s che funds uriQinally
<br /> securcd thereby,the total amount of prindpal debt not to ezceed at any time the original amuunt uf this mortgage.
<br /> pated thic 14th �ar��r December 4.�.�y 77
<br /> �� �,. � �_�. , - , �
<br /> fred . ckler Judith K. Beckler
<br /> STATE OF NEB(USKA, � o„tws 14tha, or December 1
<br /> COUNTY OF HALL� Y 19 7� ,before rtu, ,
<br /> �' `e�
<br /> the undersigned,a Nutary Public in and for said County,perse�nally came x. � �
<br /> d W. Beckler and Judith K. Beckler, each in his and her own rW�ht and as spo�s� of
<br /> r� d 1"E PQrao y nown to .t:;.
<br /> !��,.�, ntip!Qerwp S Y'hoee name 5 E M'2 offixed W the abuve instrummt ua mortg�vr5 and thE,y severally ��
<br /> r;' �ud murueront to be thei r voluncanv u�and deed.
<br /> �= CGk'�.ial551�Of1 '1� TNt;tiS my fund aed Notui�l Sed efie date doroeafd. \ .
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