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<br /> ,;' MORTCACE
<br /> ,:� MORTGACELOANNO. L 22,05�
<br /> � KNOWALLMCNBYTNFSEPRLSBNTS:That I�Ild�d D. Forst and Marceline Y.Forst'; each in his d11d
<br /> � her own right and'as spouse of each other, '
<br /> � � � � ,� .��,`
<br /> '� _____Mortgegoc�whether one or more_in consld_ration af the�um of
<br /> '� Six Thousand E9qht Hundred and No/100-------- Do[,�nRs ,
<br /> }� loaned to said mortgegor 6y Tt�e C:quitebte Bullding and Luan Association of Crandlsland,Nebraska,Moctgagae;upon (j$ shares uf stock of
<br /> aald ASSOCIATION;Certificate No.�, 22�05� , ,do heretiy grant,convey and mortgage pnto the said ASSOCIATION the following
<br /> described:ea!estate,eituated in Hall County,Nebraska:
<br /> �$ _
<br /> ;�
<br /> ;�
<br /> �� WEST HALF OF THE WEST HALF (W3�W�) OF
<br /> �
<br /> � BLOCK SIXTEEN (16) OF WINDOLPH'S ADDITION
<br /> � TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> �
<br /> :.�
<br /> � NEBRASKA.
<br /> ��
<br /> ,;,
<br /> ^� together with all tha tenements,hereditaments and appurtenances theieunto balonging,inctuding attached Floor coverings,sll window screens,
<br /> window shades,blinds,arortn windows,awnings,heating;air conditioning,and plum6ing and warer equipment and accesso�ies thereto,pumps,stoves,
<br /> .� re(cigerators,and other fixtures and equipment now or hercatter attached ro or used in cunnection wid�said real estate.
<br /> � And whereas the said mortgagor l�as agmed and does heteby agrce that the mortgagor shall and will pay all taxes and assessments levied or
<br /> auessed upon said pcemises and upon ihis mortgage und the bond secured thecehK bcfore the sameshall become detinqurnt to fumish approved
<br /> � insurana upon the buildings oa said premises situated in the sum o!S 6�800.�U paya6le to said ASSOCIATION and to deliver to said
<br /> ',;
<br /> ASSOCIA7ION Uie pulicies for said insurance;nnd not to commit or permir any waste on ar about said premius;
<br /> � In case of default in the pedormance of any oCthe terma and wnditions o(this mortgage or the bond secured hereby,the mortgagec.shall,
<br /> on demand,be enti!led ta immediate possession o(the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br /> -i martgagee all the rents,revenues and inrome to be derived Gom the mortgaged premises during such dme as the mortgage indobtedness shnll remain
<br /> :.i pnpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpox of repairing said premises and tenting
<br /> '� the same and caUecting the renu,revenues and income,anJ it may pay out of said income aU expenses of repairing said prcmises and necessary.
<br /> �i � � cortunissions and�expenses incurred in renting and managing[he same and of collecting rentuts IheceFrom;the balance rer.�aining,if any,to 6e� �
<br /> F applied toward the discharge of said mortgagc indebtedness;these rights of the mortgagee may be exercised at any time during the ncistence of such
<br /> F default,irrespective of any tempocary waiver o[the sama
<br /> .f
<br /> Ttiex Yreunts,however,arc upon the Condicion,That if the said hfortgagor shall repay said loan on or before the maturiry of said shares by
<br /> i paymenr,pay monthly ro said ASSOCIATION of the sum specified in tt�e Bond secured hereby as interest and principal on said loan,on or beCore
<br /> :� the TwenGeth day of each and every month,until said loan is Cully paid;pay all taxes and assessments levied against said premises and on tl�is Mortgage
<br /> � and the 9ond secured thereby,before delinquency;(umish approved insucance upon Uie buildings thereon in the sum of$ 6�800.DO payable ,;¢-
<br /> �fi to said ASSOCIATION;repsy lo said ASSOCIATION upor.demand all money by it paid fur such taxes,.assessmen[s and insurance with intercst at � ;.' °�q„
<br /> _� the ma�timum legal race thereon from date of payment all of which hiortgagor hereby agrees to pay;permit no waste on said premises;keep and comply �__
<br /> � with ell the agreements and wndiuons of dic Bond!or 5 6�800.�� this day given by the saiJ Atottgagor ro said ASSOC[ATION,and comply
<br /> s with all the requirements of the Constitution arid Dyl.aws uf said ASSOCIATION:thrn these presena st�all become null and void,uthe�vise they
<br /> shall remain in lull force and tnay be foreclosed at the opliun of the said ASSOCIATION a(ter failuce for three months to make any of said
<br /> payments or be three months in armars in making said monthiy payments,or to keep und comply with the agraements and conditions of said 13und;
<br /> ({ and Martgagor agcees tu have a receiver appointed Forthwith in such foreclosure procceJings.
<br /> I(there is any ctiange 6�ownccship of thc rea!estate mortgaged I�erein,by sale ur othenviu,then the entire remaining indebtedness hrreby
<br /> secured shall,at the aption o(The Equitable Huiiding a��J Loan Association oC Grand Island,Nebraska,becume immcdiutely due and payabte witf�out.
<br /> further notia,and the amount umaining duc under s�id bond,and any other bond for any additienal advances made thereunder,shall,from the
<br /> =1 date oi-xercise o(said option,bear interest at the maximum legal rate,xnd this mortgage mvy thm be foreclosed to satisfy the amount due un mid
<br /> bond,anu any other bond(or additional a6vences,together with all sums paid by said The Equitable Building and Loan Associatiun of Crand Island,
<br /> Nebcaska Co•insurance,taxes and asseuments,and abstracting extensiun charges,witk interest thereon,from date of payment at the maximum
<br /> ,j
<br /> legal rate
<br /> ' A5 pr�rided in the Bond secured ho�eby,while this mortgage remains in efltct the murtgagee may heewfter advance additional sums ro the
<br /> _; makers o:said Bond,their assigns or successors in interest,which suma shall be within lhe xcuriry of this murtgage the same as the funds originally
<br /> "g secured the�eby,the total amount of principal de6t not to exceed at any time tl�e ori�inal amount of this mmtgage.
<br /> i pated th�s 1 s � ��y of, Apri 1 A.D.,iv 76
<br /> �' lI'%.<.//C-�L�'`'. � i i ,a�`i/./t,�. L�` �;:�����
<br /> Dona . o st "FiarceTine Y. fFgrs�
<br /> STATE OF NEBRASKA,�ss. . On this �St day of pPri 1 19J6 ,before me,
<br /> COUNTY OF HALL •
<br /> the undary ned,a Nota Yublic in and foc said Count y ��
<br /> g ry y,perwnall came „�'t �
<br /> Donald.D. Forst and Marceline Y. Forst, each in his and her own ��no are �«�auyk�o,vnro '��a �
<br /> right and :as spouse.of each o�her � �
<br /> �ne to ba the identicnl pecson 5 whou name 5 a(fixed to the above in�rymmrep mortgagor g and tbey �Y�rally � �, -,
<br /> acknawledged the said instrument to be th211' voluntary act and deed: i � � � % {w ��
<br /> WITNFSS my 1�and and Notarial Seal the date aCorosaid. `� � �� �� �j ,'�
<br /> � .
<br /> r� � ,MY Comm�ssion cxp'ire} �� %., i� C%�>:�'zi'
<br /> r i , ,� �.L7L;fL'�j .
<br /> !;: � : . .` ��R'�cl. . .l�t' ..
<br /> � ' f J / Notary Public
<br /> ��M��_ _._._1 .1tl79� '
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