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<br /> 76- 001403
<br /> N MORTGAGE
<br /> ty MORTGAGE LOAN NO, L 22030
<br /> r1" KNOW ALL MEN BY THESE PRESENTS:That Ronald H. Renyer and Venita J. Renyer, each in his
<br /> Fos and her own right and as spouse of each other, htortgagor,whether one ormore,inconsideration ofthe sum of
<br /> Twenty-eight Thousand. Five Hundred and No/100 DOLLARS
<br /> �iI loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 285 shares of stock of
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<br /> said ASSOCIATION,Certificate No.L 22030 ,do hereby grant,convey and mortgage unto the said ASSOCIATION the following
<br /> 1 described real estate,situated in Hall County,Nebraska:
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<br /> ',1 LOT EIGHT (8), BLOCK FOUR (4), NORMANDY
<br /> is ESTATES, AN ADDITION TO THE CITY OF
<br /> V GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> 2r together with all the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window screens, }
<br /> window shades,blinds,storm windows,awnings,heating,air c:onditioning,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 /> 4 assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to furnish approved
<br /> 4 insurance upon the buildings on said premises situated in the sum of S 28,500.00 payable to 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 /> In 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 entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br /> r, mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br /> r 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 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 /> t - 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.
<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 approvedp
<br /> i q y: insurance upon the buildingsthereon in the sum of S 28,500.00 payable
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid fur 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 /> r with all the agreements and conditions of the Bond for S 28,500.OOthis 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 /> u 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 /> r y 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 /> .s secured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br /> rs Dated this /7 day of March A.D.,19 76
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<br /> •GCi Y. ,..„ •r i .r t L .,.�, •
<br /> V.,:.:,...:.! Ronald H. Renyer Venita J. Ref /
<br /> iyer �J
<br /> STATE OF NEBRASKA,1
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<br /> !i0, COUNTY OF HALL; On this 77th day of March 19 76 ,before me,
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<br /> theundersigned,a Notary Public in and for said County,personally came _ •
<br /> sonald H. Renyer-and Venita J. Renyer, each in his and iter own right and as spouse of �' ,
<br /> sw Ea t �� t, who are personally known to
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<br /> s a.� t,,tperson5 whose name S are affixed to the above instrument as mortgagor S and they severally '
<br /> owed s •ent to be their voluntary ttykd g&1 ssi ir;'' act and deed. 's
<br /> a <1 IV -my hand and Notarial Seal the date aforesaid.
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<br /> rl S•.1 trS;d giyC.� ..:.nexpues c� \ 1 V
<br /> '` ,�,SST?A,.,.\� Notary Public
<br /> ,if OF HE6SjP.--
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