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<br /> MORTGAGE
<br /> MORTGAGIi LOAN NO.L 22g22
<br /> rKNOW ALL MEN BY THESE PRESENTS:That Dougl as D. Wi smer and L. Sue W1 SII12Y', 2dCfl 1 n f11 S dild
<br /> her own right and as spouse of each other,
<br /> � � __Mortgagor,whether one or more_in consideration of the sum of � . � � � �
<br /> Forty Five Thousand and NO/100---------------- DOLLARS
<br /> loaned to said morigagor by The Equitable Building and Loan Associ�tion of Grand Island,Nebraska,Mortgagee,upon 45� shares of stock oF �. . � .
<br /> said ASSOCIATION, Cer[i6cate No.L 22822 do hereby rant, convev and mortga e unto the aid SQ Tq�7 the fo11R g � � � � �
<br /> descritied real estate, situated in Hall Counry, Nebr:�ska: A TRACT �F LAND tOCATEO �N THE SE�4 � r�� �W4 OF St��l�(V
<br /> 21, TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE 6th. P.M., MORE PARTICULARLY DESCRIBED AS fOLLOWS:-
<br /> Beginning at a point on the South Side of Anna Street of the City of Grand Island, Nebraska, 15
<br /> feet East of the West side of Jackson Street extended southerly, said point is also 1010 feet
<br /> Southwesterly from a point where the Southerly line of Anna Street intersects the East Line of
<br /> th� SE; of the NW; of Section 21, in Township 11 North, Range 9, West of the 6th. P.M. thence
<br /> run� ;;,� in a Southeasterly direction parallel with the Westerly line of Jackson Street as extended
<br /> a distance of 275' thence running right 90 Degrees in a Southwesterly direction 273.9 feet to a
<br /> ; p oint that is also 257.2 Feet from a point on the East Property Line of the County Road, thence
<br /> r unning right 90 degrees along a line parallel with the !dest line of Jackson Street as extended,
<br /> a distance of 127 Feet, i;hence right 90 degrees along a line parallel with the South Line of
<br /> Anna Street 93.1 feet, thence right 127 feet along a line parallel with the West Line of Jackson
<br /> Street as extended to Closure, said Closure constituting a Tract of land 127 feet by 93.1 feet.
<br /> _ together with all thc tenements, hereditaments and appurtenances [hereuntu belonging,including attached iloor coverings, all window screens, ��� � � � .
<br /> window shades,blinds,stonn windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, � .�
<br /> � refrigerators,and other fixtures and equipment now ur hereafter attached to or used in connection with said real estate. �. � � � �
<br /> And whereas the said mortgagor has xgreed and does hereby agree diat the rnortgagor shall and will pay all [axes and assessments levied or , � � �
<br /> � assessed upon said premises and upon this mortgage and the bond secu,{ r,gb kefore the same shall become delinquent; to fumish approved �
<br /> � insurancc upon the buildings on said premises situated in che suen of 5 `*����11•�V payaUle to said ASSOGATION and to deliver to said �. � � �
<br /> . ASSOCIATION the po)icies tbr said insurance;and not to commit or permit any wasta on ar about said premises; � . ����
<br /> In case o(default in the performance of any of Ihe terms and conditions of this �nortgage or the bond secured here6y,the mortgagee shall, � . . .
<br /> on dcmand,be entitled io icnmediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets uver to the �, � � . �
<br /> ��. mortgxgee all the rents,revenues xnd income to be derived from the mor[gaged premises during such time xs the mortgage indebtedness shall remain � �
<br /> � unpaid;and the mcrtgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and zentin� � �� � �� .
<br /> �. the same and collecting the rents,revenues and income,and 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,to be � � � . .
<br /> applied toward lhe discharge of suid morlgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of sucli � � . � �
<br /> default,irrespective of any tempurery weiver oC the same. � � � �. � �
<br /> � These Presents,however,are upon the Condition,That if the said Mortgagur shall repay said loan on or before the maturity of said shares by �� � �
<br /> . payment; pay monthly to said ASSOC[ATION of the sum specified in the Sond secured hereby as interest xnd principat on said loan,on or before � � . � �
<br /> . the Twentieth day of each and every month,until said loan is fully paid;pay all taxes xnd assessments levied against said premises and on this 1�lortgage � �� � �
<br /> and the Bond secured thereby,before delinquency;l'urnish approved insurance upon the 6uildings thereon in the sum of S 45�0��.0� payable . . � �
<br /> �, to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,essessrt�ents and insurance with interest at� �� � �
<br /> the maximum legal rate thereon frum dxte of payment all of which Alortgagor hereby agrees to pay;permit no waste on said premises;keep and comply � � � . ; � �
<br /> with all the agreements and conditious of the Bond for S Q�5�0��.�� this day given by the said Murtgagor to said ASSOClATION,and compty � � � �. �
<br /> with all thc reyuireinents of the Constitution and By�Laws of said ASSOCIATION;Nien these presents shall become null and void,otherwise they . �
<br /> sha❑ remxin in full I'orce and may he foreclosed at the option of the said ASSOCfATION after failure for three months to muke any of said . � �. � � �
<br /> payments or be three months in arrears in rti�king said munthly payments,or to keep and comply with the agreements and conditions of said Dond; .
<br /> � and Mnrtgagor agrees to have a receiver appointed torthwith in such foredusure proceedings. � � �
<br /> If there is any change in uwne�ship of Nie real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby � '
<br /> ' secured sli.all,at the optio�of The L"quitable Building and Luan Associatian uf Crand Island,Nebraska,become immediately due andpayable without � . . �
<br /> � further notice,and the amount reninining due under suid bond,and aay otl�er bond for xny additional advances made thereunder,shalt,from the �
<br /> . date of exercise uf said option,bear interest at the maximum legal ra[e,and this mortgage may then be foreclosed to satisfy the amuunt due on said � � � .
<br /> - bond,and any other band for additional advances,togetlier with all sums paid by said The Equitable Building and Loan Association of Grand Islxnd, �
<br /> � Nebraska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum � � �
<br /> lega3 rate. �
<br /> . ' As provided in the Bond secured hereby,while this mortgage rem�ins in effect the mortgagee may hereafter advance additional sums to the � �
<br /> � makers uf'said Bond,their assigns or successors in interest,which sums shall be within the security uf this mortgage the same as the tunds originally �
<br /> secured thereby,the total amount o(principal debt nut to exceed ut any time the uriginal amount of this mortgage. � � � ��
<br /> nateatn�s 26th, day of September A.n.,�977 .
<br /> �, /'� �%'� rr�". L��ir�_ 7� L lt'.t F ��-���1�}'2r.r°CJ�i
<br /> Dougl as . Wi smer L�'�ue"'Wi smer
<br /> sTwrEOFrreBRnstc.4,� 26th y Se tember 77 ^��
<br /> COUN7'Y OF HALL ss. On this da of P 19 ,before me, � ,, '^
<br /> the undersigned,a Notary Public in and for said County,personally came + � �s.
<br /> i Douglas D. Wismer and L Sue Wismer, each in his and her own right nd as spouse of each �e.
<br /> �• Otfl �p � W�O are Personal y known to "-�,
<br /> � � ti��th�`i�ii �` son S whose name S dY'E affixed to the above instrument as mortgagor S and they severally �'�"`
<br /> t' 1 ���;
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<br />� �� '`ck�o�vie.ckged tb+;'�ib�n r.�ment t�be +h?j?^ ve!s�tary act and deed. ,,,,,...
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<br /> . � R'S�NES�'�ny har.d and 1Votari:.l Seal the date efores;id. �,,_;�
<br /> t )TARt A 9
<br /> ' �'.7. ; ,, .+ Idfi��V�sion expires `)� 1��� i �
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<br /> � q �� L (� Notary Public
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