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<br /> jy,. (Y�'k "S"X rm, l ?Wetzel andkn,,„. nil Wetzel each�in his4and { ,,7
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<br /> ,�hor , ., tK Matfsegdnwjw,moiff eormom Intamideri.9 ofthesum S �,-
<br /> sehid�end�.l'ib/�')Il���.,, RS r �- ,{
<br /> r 0.'} .rtmrtgfgee b f'T'ha Eguita B�Uddlogand Loan Assoociation of Grand island Nebraska Mortgagee upon 200f shares of stock of J v i
<br /> ?�' }m�v�ASSOCIA?Ititarla�tp+,tor>L•t,22�01E do,hereby grant,,convey and mortgage unto the said ASSOCIATION the following i4
<br /> f=s described teal estate,astwied In Hall County Nebraska.,.
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<br /> ,�G LQT”SIXTEEN (')6), OF "ISLAND`ACRES',.BEING',A SUBDIV.ISION� "� Y :
<br /> q OF PART�OFkTHE;'WES.T"HALF OF;THE SOUTHWEST'QUARTER.'(WV swW ')
<br /> OF SECTION EIGHT (8),:IN TOWNSHIP.;ELEVEN (11'), NORTH, OF
<br /> �' RANGEbNINE (9)` ANO PART OF FRACTIONAL LOT`TWO (2).,` OF
<br /> SECTION SEVEN (7),4IN"TOWNSHIP ELEVEN (11),'NORTH DF RANGE:
<br /> �� ' NINE (9), WEST''OF.THE.6TH P.M., IN.HALL,:COUNTY,:NEBRASKA,
<br /> AS THE,.`SAME IS''SURVEYED, PLATTED AND:RECORDED, CONTAINING r
<br /> 1 17 ACRES `MORE OR LESS
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<br /> .. , together with all theatenements,hereddamesria land appurtenances(hereunto'belonging including attached,floor coverings all Window screens;^
<br /> r window shades,blind:storm windows awning:;;heating,air conditioning;and piumbingand water,equipmentand accessories thereto pumps,stovra,
<br /> t'�� refrlgreatora,andother fixtures and.equipmentnow or hereafter attachedto or used in connection with said real estate
<br /> _-'''''''N''':'4''''''''
<br /> s And egress the said mortgagor has agreed and does'hereby agree that the mortgagor shall and„:4411.00y.„all taxes lite,.assessments levied or'7,44,:';;;;.:',.!.1',4
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<br /> r assessed upon.said premises and upon This mortgage and the bond.sen}tad thereby before the same.shall become delinquentto furnish approved
<br /> lne,sranae upon the 4wldings on said premises situated In the sum of S L0,000.U0 k , payable:to said.ASSOCIATION and.to.deliver To said:
<br /> ASSOCIATION the policies f'-'`.77,..-..
<br /> or said Insurance;and not to commit or permit any waste on or about:s id premises
<br /> (mase of default in the performance of any•of the terms and conditions of this mortg-ie'-iii:.the b.°...,0•••
<br /> ond:securaihareby the mortgagee shell;^
<br /> k on'dematd,.bcantitled to immediate poaseaion-of the mortgaged premise.and the mortgagor=:hereby assigs transfers end sets over to the
<br /> 3 mortgagee.alltthe.rents,revenue and.Income to be derived from the mortgaged premises during such time as ilii-mortgage.indebtedness shall remain a 1.
<br /> uupatdraad,ihe default
<br /> geeshall havathe powerto appoint any agent.or;agents.it may desire:teivrh purposeat any tang'.said premises and ren
<br /> t etameantcollectingtherents,rerenuesa. .o-,,mhemeitmaypayout:of said"income�all expenses of..repainng"saidipremises and news
<br /> v wmmiaiona, nd:exppeenp es incurred-irt,renting ani!:managmg-,theanw and_of miles rentals':-therefrom the bah!!-.me remaining,if nny,to br
<br /> applied toward the ri'scischarge of sad mo--rig indebtedness;these rights of the mortgagee may be exercised at any time during the existence.of such
<br /> x default,irrespective of any temporary:waiv r of the same
<br /> These Presents,however;are.upon the Condition That If the aid Mortgagor shall re y said loL.,_:.n or beforethe.maturity.of.sand sharer byi ,
<br /> payment;pay monthly,to;said ASSOCIATION of.the.sum specified in the Bond secured hereby as interest and ntan„a al;on sad loan,on or before:
<br /> the Twentieth dayof each and every nwnth;untllsaid loan is fully paid;pay al taxes and assessments Levied agai stsaid premises and on'this Mortgage;
<br /> and the Bond seemed thereby,before delinquency furnish approved insurance upon she buildings thereon in the sum of S'20,000.0 payable`
<br /> to sad ASSOCIATION,repay to said'ASSOCIATION upon demand all money by it paid for such taxes,assessment and:insurance with interest at',
<br /> a j the maximum legal rate ttrereon from date of payment all of which Mortgagorhereby agrees to pay;permit no waste on said premuar;keep and mmpiy
<br /> with all the agreements and conditions of the Bond for S 20 000,00 this day given by the said Mortgagor to aid ASSOCIATION,and comply;
<br /> 5 with aloharequuernantsoftheConstitutionandBy-Lawsof.saidASSOCIATION;then thesepresents shall.l>eeame.null and end,othervrnse,theyr
<br /> y shall remain in full fora':and may be.foreclosed:at the option of the said ASSOCIATION'after;failure forithree months to.make:any of raids
<br /> iaiymente or.be"three months in arrears in making sad monthly payments;or to keep and comply.with the agreements and bf said•Bond•.
<br /> fi and Mortgagor agrees to have a re--77 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 herebys
<br /> I r second shall,at the option of The Equitable Bwldingand Loan Association(Acre.nd ISL it toy raska, fence ine se Loaatelydueand peyable.without
<br /> further moria and,the amount remaining'clan under,raid,bond,and soy other ond for any additional advances made thereunder,shall,from he.
<br /> i date ofexercise of said opption tear interest at the maximum legal rate;and this mr.rtgage.may.tlien be foreclosed.to satisfy the amount'due on said
<br /> bond an•d any-otherbond for additional advances,together with all suns paid by said The Equitable Building and Loan Associationof Grand[.lead;;
<br /> Nebraska forinsurance,taxesandassessciente,andabstractingextension:ctarges,.with interest thereon,.from date.of'Payment at,.tliemaximum
<br /> legalrate, •
<br /> $ As rovided in the Bond-secured hereby while this mortgage remains in effect the mortgagee may hereafter advance additional:sums to thea
<br /> � makes of s,,,.,'rdi theiiamgns or successoram interest which sums shnB be within--the• .- :y,of this mortgage the same as the funds orig••nallyt
<br /> ?ec ured.thereby the toilteaaountof principal debt-not to exceed atany.time the:odginal amountofthiemortgage.
<br /> , x� a � rd day of march` • A.n.,19 76
<br /> William' t We .
<br /> 4 � .... .:::: . .:.. .. Karen L.._Wetzel. . ,
<br /> STAT6OF$IEBRASSKA,: Onthsx std da of , March ” 19 befoeense
<br /> Coclrrexoetlnu Y 76
<br /> • ?~fi`l1 is d `` f the undersigned a Notary public to and for said County personally came=
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<br /> ketzt�and Karen L ; Wetzel, each i.n his=and her own right and;as.spouse of.,
<br /> .• waach,ot t i� who are'.„ rw y-known toa
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<br /> .7 �mc-fobs t�tdedtlaipanong I whos names^w are affixed,to the above mnstrumentas mortgagors and y
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<br /> 441/44 9 Ei iwv d / /Cy' Notary publtc
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