|
�=
<br />�.�;;;
<br />�''
<br /> � � �
<br /> �
<br /> _7�'- �1 C)� .�'-,12
<br /> MORTCAGE
<br /> MORTGAGE LOAN N0. � 22�826
<br /> 1 KNOWALLMENBYTHESEPRESENTS:That Gary A. Buettner and Traci A, Buettner, formerly Traci
<br /> A. Thorn, each 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 Seven Thousand Two Hundred and No/100--------------------------------------DOLLnxs
<br /> loaned to said morCgagor by The Equitable Buildin$and Loan Association oFGrand[sland,Nebraska,Martgagee,upon 272 shares of stock of
<br /> said ASSOCIAT'I03V,Certificate No.L 22�25�6 ,do hereby grant, convey and mortgage unro the said ASSOCIATION the following
<br /> described real estate,situated in Hall County,Nebraska: � .
<br /> LOT FOUR (4), IN WEST HEIGHTS
<br /> SECOND ADDITIQN TO THE CITY
<br /> OF GRAND ISLAND, NEBRASKA.
<br /> together with all the tenements,hereditaments and appurtenances thereunto oelonging,including xt[ached f7oor coverings,all window screens, �
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessuries tfiereto,pumps,stoves, .
<br /> . �refrigerators,and other fixtures and eyuipment now or hereafter attached to or used in connection with said real estate. � . �
<br /> � And whereas the said mortgagor has agreed and does hereby agree that the morcgugor shall and will pay all taxes and assessments levied or , .
<br /> _ assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;[o furnish approved � � �
<br /> . .. insurance upon the buildings on said premises situated in Hie sum of$ 2��Z��.�� payable to said ASSOCIATION and to deliver to said .
<br /> ASSOCIAT(ON the policies for said insurance;and not to commit or permit any waste on or about said premises; � . .
<br /> � [n cxse of default in the perfonnance of any of the terms and conditions of this martgage or the bond secured hereby,Ihe mortgagee shall,
<br /> �. �� on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the . � �
<br /> � mortgagee all the rents,revenues and income tu be derived from the mortgaged premises during such time as the rnortgage indeb[edness shall remain � � � �
<br /> � . unpxid;and the mortgagee shall have the power to appoint any agent or ugents it may desire for the purpose of repairing said ptemises and renting , .
<br /> the same and collecting the rents,revenues nnd income,and it may pay out of said income all expenses of repairing said premises and necessary. , . .
<br /> commis•sions and expenses incurred in renting and managing the same and oC collecting rentals therefrom; the balance remaining,if any,to be � .
<br /> applied[oward ihe discharge of said mortgage indebtedness;these righ[s oC the mortgagee may be exercised at any time during[he existence of such
<br /> default,irrespective of any temporary waiver of the same. .
<br /> �These Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shares by � .
<br /> payment,pay monthly to said ASSOCIATION of the sum specitied in[he Bond secured hereby as interest and principal on said loan,on or before �
<br /> the Twenlieth day of each and every month,until said loan is fully paid;pay all taxes and assessments Levied against said premises and on this Ivlortgage
<br /> and the Bond secured thereby,before delinquency;lurnish approved insurance upon the buildings thereon in the sum of$ 2��2�0,0� payable ' �
<br /> . to said ASSOCIATION;repay to said ASSOC1AT10N upon demxnd alt money by it paid for such taxes,assessmants and insurance wi[h interest.at � � �
<br /> the maximum legal rate thereon from date of paymev�i:,11 a:a�hich Mortgagor hereby agrees to pay;�ermit no waste on said premises;keep and comply � � � � � �
<br /> � with all[he agreements and conditions of the Bond for$ 27�ZOO.OO this day given by the said Mortgagor to said ASSOCIAT(ON,and comply �� . � � �
<br /> with all the requirements of the Constitution and By-Laws of said ASSOCIATION;then these presents shall become null �nd void,otherwise they � � � �
<br /> shall remain in t'ull (orce and may be foreclosed at the option oF the said ASSOCIATION aCter failure for three months [o make any of said . . �
<br /> payments or be three munths in arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond; ; . � .
<br /> . and Mortgagor agrees to have a receiver appoin[ed for[hw�ith in such foreclosure proceedings. . . -
<br /> If there is any change in ownership of the real estate mor[gaged herein,by sale or otherwise,then the entire remaining indebtedness hereby :. � � � �� �
<br /> secured shall,n[[he optio�of The Equitable Building and Loan Association of Grand 1s1and,Nebraska,become immediately due and payable without .. . .
<br /> � further nutice,and [he amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from[he .
<br /> date of exercise�of said option,bear interest at the maximum lega]rate,and this mortgage may dien be foreclosed to satisfy the amount due on said ' . � � �
<br /> bond,and any other bond for additional advances,together with all sums paid by said The Equitxble Building and Loan Association of Grand Island, � .� �
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum �� � � . �
<br /> legal rate. � . �
<br /> ' As rrovided in the Bond secured hereby,while this mortgage rem:�ins in effect the mortgagee may liereafter advance additional sums to the � � � � �
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mor[gage the same as tlie funds originally � , . �
<br /> secured thereby,the total amount of principal tlebt not to.exceed at any time the original amount of this mortgage. � � . �
<br /> �e ,cS 28th da or September a.n.,is 77
<br /> C .� ' _..�' r`_...
<br /> � e ne�
<br /> �'c._ � ,i
<br /> Traci A, Buettner
<br /> STATE OF NHBRASKA,� 2$th $e tember iy 77 ,before me, " *u^�,
<br /> � ss: On this day of P X
<br /> ' COUNTY OF HALL * �
<br /> � the undersigned,a Notary Public in and for said County personally came t; + �yX
<br /> 1 Gary A. Buettner and Traci A. Buettner, formerly Traci A. Thorn, each in his an c{ her own ,x*�
<br /> t� right and dS' SPDUSe Of 2dCf1 OthCY' , °+h� dre parsonallyknownto 4,
<br /> r�,
<br /> � me to be the identical person 5� w,,r3G �„ n�ni�y��d Y'2 � affixed to the above instrument as mortgagor5 and they severally .
<br />� a�nowledged the s:iid instrume�be� ����''.'s�tu::ary act and deed. /�
<br /> � 411TNESS juyt�dru�.auu lvotariel u�al`il�b�. te afotes:id_. . j/ J, . ` �r �� ,�✓ �,,.,.
<br /> My Commis�bn exPires y '�7 . c3' � �l./-f'�i%�'1 L7'� "L/�''���
<br /> _`"'l.��t...°-•.� ���
<br /> F';.,� e:..•:f � � , Notazy Public
<br /> . 61.2A!RI �� U�} . � Tfa
<br /> �`• i ' ! �
<br /> ��. . . ... � � a �'�'C/yf{ �
<br /> ��f�'^�$ '/
<br /> . . \`a'f �)�"J �t�ti"�� . .
<br /> .., . .',�'„t;.` .. _ .
<br />'F '
<br />
|