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76.00054'
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. L 21,964
<br /> KNOW ALL MEN BY THESE PRESENTS:TItat Dixie L. Griess and Curtis K. Griess, her husband, •
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<br /> Mortgagor,whether one or more,In consideration of the sum of
<br /> xr Thirty-four Thousand Eight Hundred and No/100 .'tOLLARs
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 348 shares of stock of
<br /> a• said ASSOCIATION,Certificate No.L 21,964 do hereby grant,convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated In Hall County,Nebraska:
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<br /> LOT EIGHTEEN (18) IN BLOCK THREE (3) IN
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<br /> LE HEIGHTS SECOND SUBDIVISION, HALL COUNTY, •
<br /> NEBRASKA, BEING A PART OF THE NWINW; OF SECTION
<br /> ELEVEN (11), TOWNSHIP ELEVEN (11) NORTH, RANGE
<br /> TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br /> together with all the tenements,hereditaments and appurtenances the:eunto belonging,including attached floor coverings,all window screens,
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water 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 that the mortgagor 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;to furnish approved
<br /> insurance upon the buildings on said premises situated in the sum of S 34,800.00 payable to raid 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 /> its case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall,
<br /> on demand,be.entitledto immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br /> y- mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain -
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income ail expenses of repairing said premises and necessary
<br /> commissionsandexpenses incurred in renting and managing the same and of collecting rentals therefrom;.the balance remaining,if any,to be
<br /> applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such
<br /> default,irrespective of any temporary waiver of the same.
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<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 specified in the Bond secured hereby as interest and principal on said loan,on or before •
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage
<br /> and the Bond secured thereby.before delinquency;furnish approved insurance upon the buildings thereon in the sum of S 34,800.00 payable
<br /> " to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at
<br /> the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> with all the agreements and conditions of the Bond for S 34,800 00 this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> with all the requirements of the Constitution and By-Laws of said ASSOCIATION;then these presents shall become null and void,otherwise they
<br /> shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of said
<br /> payments 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 /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br /> If there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby
<br /> secured shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without
<br /> further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the
<br /> date of exercise of said option,bear interest at the maximum legal rate,and this mortgage may then 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 Equitable 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 provided in the 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 shall be within the security of this mortgage the same as the funds originally
<br /> - secured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage. _ -
<br /> ,-Q A,D.,1976 Dated this 30th day of January
<br /> Dixie L. Griess_ Curtis K. rieG ss v
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<br /> STATE OF NEBRASKA, ssOn this 30th day of January 19 76,before me,
<br /> COUNTY OF HALL
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<br /> the undersigned,a Notary Public in and for said County,personally came
<br /> Dixie L. Griess and Curtis K. Griess, her husband,
<br /> . ` 'T�,1,l+ who are personally known to
<br /> me to be the tdeAS'' Qj'hose name S are affixed to the above instrument as mortgagor S and they severally
<br /> avacnowledge 41,4 stfutnen{'togs, thei r' voluntary act and deed.
<br /> Q iiiiI'NESS qny hanaa td of rill Seal the date aforesaid. ���� / ,��
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<br /> 3732M r Jj 't• 7,'.;:'.. Notary Public -
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