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<br /> MORTGAGE
<br /> MORTGAGL-LOAN NO. L 2Z�99
<br /> r . KNOWALLMENBYTHESEPRESENT5:That Harold R. Veeder and Peggy L. Veeder, each in his dC1C1
<br /> E h.er`own right and as �pouse of each other,
<br /> ; Mortgagor,whether one or more,in c;onsideration of the sum of
<br /> i : Thirtv Thousand Six Nundred and No/100-----------------------------------------poLLAxs
<br /> ' loaned to said mortgagor by The Equitable Building and Loan Association of C,rand Island,Nebraska,Mortgagee,upon 306 shazes of stock of
<br /> , 'z said ASSOCIATION, Certificatc No: L 22799 ;do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> ' �s ,� - �descri6ed real.estate,:situated in�Hall�County,Nebraska:� � � � .. ' � . � . �
<br /> ` A TRACT OF LAND IN THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER (NW',�VE4)
<br /> OF SECTION TWENTY THREE (23), TOWNSHIP TWELVE (12) NORTH, RANGE ELEVEN (17)
<br /> � WEST OF THE 6TH P.M. MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT
<br /> � A POINT 'ON THE NORTH SECTION LINE OF SAID SECTION 23, 1516.56 FEET WEST OF
<br /> ; THE NORTHEAST CORNER OF SAID SECTION 23,TOWNSHIP 12 NORTH, RANGE 11 WEST,
<br /> � THENCE RUNNING IN A SOUTHERLY DIRECTION 313 FEET PARALLEL TO THE EASTERLY
<br /> LTNE OF SAID SECTION 23, THENCE IN A WESTERLY DIRECTION, PARALLEL TO THE
<br /> ' NORTH SECTION LINE OF SAID SECTION 23, A DISTANCE OF 155.57 FEET: THENCE
<br /> IN A NORTHERLY DIRECTION 313 FEET, PARALLEL TO THE EAST SfCTION LINE OF
<br /> SATD SECTTON 23, THENCE IN AN EASTERLY DIRECTION ALONG AND UPON THE NORTH
<br /> SECTTON LINE OF SATD SECTION 23, A DISTANCE OF 155.57 FEET TO THE POINT OF
<br /> BEGTNNING.
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<br /> � together with all the tenements,Itereditaments and appuctenances thereunto belonging,induding attached floor coverings, all window screens,
<br /> i }. � window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and wa[er equipment and accessories thereto,pumps,stoves,
<br /> ��� refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. � � � � . � .
<br /> .. . And whereas the said mortgagor has agreed and does hereby agree thn[ the mortgagur shall and will pay all taxes and assessments levied or�
<br /> � � �assessed upon�said premises and upon[his mo�tgage and�[he bond sewred thereby before the same sl�all become delinquent;to furnish approved �
<br /> . insurance upon the buildings on said premises situated in the sum of S 3��6��.U� payuble to said ASSOCIATION and to deliver to said
<br /> ASSOCIATION the policies for said 9nsurance;and not to commit or permit any waste on or about said premises; �� �
<br /> � In case of detault in the performance uf any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall,
<br /> ��� on demand, be entitled to immediate possession oC the mortgaged premises and the mortgagor hereby assigns, transfers and�sets over to the �
<br /> }: �mortgagee xll the rents,revenues and income to be derived from Ihe mortgaged premises during such time as the mor[gage indebtedness shall temain�.�
<br /> � unpaid;and[he mortgagce shall have the power to appoint any a�ent or agents it may desire for the purpose of repairing sxid�premises and renting . �
<br /> ?` . the same and collecting the rents,revenues and income,ttnd it may pay out of said income all expenses of repairing said premises and necessary �
<br /> commissions and�expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,Io be �
<br /> ; applied tc�ward the discharge of said mor[gage indebtedness;these rights of the mortgagee may be exercised at any time during�the existence of such�
<br /> . � � . default,irrespective of any.temporary waiverpf the same. � . � � � � .
<br /> � �These Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the ntaturity ot said shares by ,
<br /> � payment;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan,on or 6efore .
<br /> � the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said ptemises and on this Mortgage . ..
<br /> :� � � and the Bond secured thereb before delin uenc furnish a p g 3 600.00 �
<br /> y, q y; pproved insurance u on the buildin s thereon in ihe sum of$ �e payable
<br /> to�suid ASSOCIATIUN;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance wi2h interosY at �
<br /> . .ihe maximum legal rate thereon from da[e of payment all oF which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply�
<br /> �with aA the agreements and conditions of the Bond for$ 3Q�600.QQ ihis day given by the said Mortgagor to said ASSOCIATION,�and�comply ��
<br /> � with all the requirements of the Constitution and ByLaws of said ASSOCIATION;�[hen these presents shali become null and�void,otherwise tlzey
<br /> shall remain in full focce and may be foreclosed.xt the option of the said ASSOCIATION xfter failure for [hree months to make any of said � .
<br /> . �.paymenls or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond; �
<br /> � xnd Mortgagor agrees 10 have�receiver app�inied forthwith in such foreclosure proceedings. � � � � � ,
<br /> lf there is any change in ownership of the rea!estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby
<br /> secured shall,at the option oC The Equitable Building xnd Loan Association of Graad Is!•�nd,I�'ebrssk5,becoms inredistzly due and payable without
<br /> Curther notice,and the amount remaining due�under said bond,and any other bond for any addi[ional advanaes made thereunder,shall,from the . � � :
<br /> dxte of exercise of said option,bear interest at[he maximum legal rate,and this mortgage may then be foreclosed to satisf'y the amount due on said
<br /> � bond,and any other bond fur additionai advances,together with ali sums paid hy said The Equi[able Huilding and Losn Association of Grand lsland, � �
<br /> Nebraska for�insurance,taxes and assessments,and abstracting extension charges, with interest thereon,from.date of payment at�the maximum � . .� .
<br /> �lega(rate. � � � � , �
<br /> � . As provided in the liond�seeured hereby,while this mortgage remains in effect tl�e mortgflgee may hereafter advance additional sums to the �
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within Uie security of this mortgage the same as the funds originally �
<br /> secured thereby,the total amount of principal debt not to ezceed at any time the original amount oF this mortgage. � . . �
<br /> �D-a�{ted this 3�St. \ day of AUJl15$ A.D.,19 7�
<br /> �L�,1�+'�F '.aL �a�!.c i,�'..r.ca ,,,. .. ` � .,�+ . . . . . _ . �.
<br /> ,�.1-� Ci `�. 1. Q.� ,;�-�.
<br /> t `fiar�ld R. Veeder Peggy L(.�t�j�der
<br /> STATE OF NEBRASKA,i gs. On this 3�S t. day of /�IJ JUS t 19�] ,before me, £
<br /> COUNTY OF HALL� �� , �„�
<br /> � - � Ihe undersigned,a Notary Public in and for said CounLy,personally came � ' �,, ,
<br /> Naro]d R. Veeder and Peggy L. Veeder, each i n hi s and her own ri gt��oand as sp������oWn so �; ��e�h
<br /> e r, ' � are ;
<br /> ,tl�' non S whose name S dre ,affixed to the above instrument as mortgagorS and they severally � �'
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<br /> cF��n,N'��`2fgeL�"Bhg i�' trument to be thel�^ voluntary�act and deed. � �
<br />� : � :i,'9'� '"�TN�S my hand and Notarial ScuI the date aforesaid. � ��� � �„
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<br /> � ��`•� � MOTARY M};C �� 'sion�exp'ues' �,` . (�. . . - . � �� .
<br /> . COMMtSS107Y� ; ���.:�a..���.�/y �, `U 0
<br /> EXPlF2ES : ( ' � �
<br /> ��.�y n a�,1 . � . .. Notary Public . .
<br /> . . J',.��,��31�`,�,:',��„� � � .7 �� . . � .
<br /> �rFOF re�.s��'�'
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