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<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. L 22,804
<br /> , � KNOWALLMENBYTHESLPRtiSGNTS:TIiat Alfred W. Beckler and Judith K. Beckler, each ln h7S dnd
<br /> her own right and as spouse of each other,
<br /> � � ____ Mortgagor_whe[her one or more,in consideration of the sum of � �
<br /> Thirty Three Thousand and No/100----------- -------------
<br /> DOLLARS
<br /> loaned to said mortgagor by The Equitable Building and Lvan Association of Grand[sland,Nebraska,Dlortgagee,upon 330 shares of stock of. � �
<br /> said ASSOCSATION, Certificate No. L 22 e8�4 ,do hereby grant, wnvey and mortgage un[o the said ASSOCIATiON [he following � � � � .�
<br /> described real esiate, situated in Hall County,Nebraska: � .
<br /> LOT EIGHT (8) IN BLOCK SIXTY (60) IN WHEELER & BENNETT'S
<br /> ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> �. together with ali the tenements,hereditaments and eppurtenances thereunto belonging,induding attached tloor coverings,all window scre�ns, � . ��
<br /> window shades,blinds,stonn winduws,�wnings,heating,air wnditioning,and plumbing and water eyuipment and accessories[hereto,pumps,stoves, � � �
<br /> . refrigerators,and other fixtures and equipment now ur herexfter attached[o or used in conneclion with said real estxte. - . . � . �
<br /> � And whereas the said mortgagor has agrecd and does hereby xgree that the murtgagor shall and will pay all taxes and assessmen!s levied or � . �� .
<br /> assessed upon said premises and upon this mortgage and the bond secured thereby 6efore the same shall become delinyuent;to fumish approved � � . � � . �
<br /> insurance upon the buildings on sxid premises situated in the sum of S 33.����.�� F�Y�ble tu said ASSOCIATION and to deliver to said � �
<br /> �_ - ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises; ; � � � � � �
<br /> � ln case of defuult in the perlbrmance of any uf the terms and conditions uf this mortgage or the bund secured hereby,the mortgagee shall, �� � . � �
<br /> � on demand, be entitled to immediate possession of the mortgaged premises and the mwtgugor hereby assigns, transfers and sets over to the . . . � � � .'
<br /> . mortgagee all the rents,revenues and income to be derived from the mortgaged premises during sueh time as the mortgage indebtedness shall remain � . � �
<br /> unpxid;and the murtgugee shall have the power tv appoint any agent or agents it maY desire fur the purpose of repairing said preinises and renting � � � .
<br /> the seme and collecting the rents,revenucs and income,and it may pay out uf said income all expenses of repairing said premises and necessary � � � � � �
<br /> commissions and expenses incurred in renting and managing the same nnd of collecting rentals therefrom; the balance remaining,if any,to be � � �� . �
<br /> 3� . applied toward the discharge of said�nortgage indcbtedness;these rights of the mortgagee may be exercised at any time during the existence of sucl� � . � � .
<br /> . default,irrespective of any tempor�ry waiver of the same. � . . . . �
<br /> s
<br /> � These Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on ur before the maturiry of said shares by � � �
<br /> payment;pay nwnthly to said ASSOCIATION of the sum specified in the f3ond secured hereby as interest and principal on said loxn,on or before � � . �
<br /> � the T�ventieth day of each and evrry month,until said loan is fully paid;pay all[axes and assessments levied against said premises and un this Mortgage � �
<br /> � and the Bond secured thereby,before delinyuency;furnish approved insurance upon the buildings thereon in the sum uf 5 33����.�� payable �� .
<br /> �� � to said ASSOCIA"I'ION;repay to said ASSOC[ATION upon demand all money by it paid for such tuxes,assessments and insurance with interest at . � .� .
<br /> �� the maximum legal rate thereon from date of pxymen[all of wl�ich Mortgagor hereby agrees to pay;permit no waste un said premises;keep and comply � � � � �
<br /> �� with all the agreements and conditiuns of the Bond for S 33>���•00 this day given by the said Mortgagor[o said ASSOCIATION,and compty • . ��
<br /> with all the reyuirements of the Constitution and By-Laws of said ASSOCIATION; then thesa presents shall become null and void,otherwise they . . � �. � � �
<br /> slia❑ remain in Cull force und may be foreclosed at the option of Uie said ASSOCIATION after failure for tliree montlis to make any of said . � �
<br /> . payments or be three months in artears in making uid monthly payments,or to keep and comply with the agreements and conditions of said Bond; � � � � � �
<br /> and Murtgagor agrees to have a receiver appointed forthwith in such foreciosure proceedings. � �. �
<br /> .. If ti�ere is any change in ownership of Ute rea]est�te rriort�aged herein,by sale or otherwise, then the entire remaining indebtedness hereby . � � �
<br /> '�. secured shall,at[he option oC The Equitabte Building and Loan Association of Grand Island,Nebraska,6ecome immediately due and puyable without � . � �
<br /> � further notice,xnd the amount remaining Jue under said bond, and any other bond for any additional advances made thereunder,shall,from the . � ��
<br /> da[e of exercise of said option,bear inierest at the maximum legai race,and tliis mortgage may then be foreclosed to satisfy the amount due on said � . .
<br /> ' bond,and any other bond for edditional advances,together with all sums paid by said The Gquitable Building and Loan Association of Grand Island, � �
<br /> � Nebraska ibr insurance,taxes and assessments.xnd abstracting extension charges, with in[erest thereon, from date of payment at the ma�imum � .
<br /> . legal rate. . . � �
<br /> � As provided in[he Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the � � �
<br /> .�: makers of said Bond,their assigns or successors in interest,which sums shail be within the security of this mortgage the same as the Cunds origjnally �
<br /> � secured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage. . � �
<br /> Uated ;s,� �,,��h� day of September A.p.,ly 77 . �� �
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<br /> Alfred W. Beckler �' Judit K_ eckler
<br /> STATti OP NEBRASKA,� ss. On this �th day of September 77
<br /> COUNTY OF HALL 19 ,before me, J
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<br /> .. the undersigned,a Nu[ary Yublic in and I'or said County,personally came �. , '
<br /> Alfred �t. Beckler and Judith K. Beckler, each in his and her own right and as spouse of � '���
<br /> er who d�„e personalty known to , y
<br /> � ��,f � 1aF
<br /> o�tHN� erson S whose name5 dY'2 affixed ro the above instrument as mortgagor 5 xnd they severally
<br /> ' . ack��{�d�e�t}�.�d i rument to be thei r voluntury acf and deed.
<br /> . � . ;U � �V�`1'NE my hand and Notarial Seal the date aforesaid. � �t, , ,� ���
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<br /> a� �� r'c�n +Ui55iot�fy�t�}�ission cxpires ��« i�i�.,l �,G? �.) 1�� ���+ l�l - ,.
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<br /> .q .ep � � Notary Public
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