|
. _ ` . ��� �
<br /> � �
<br /> I�-OU_i�2�
<br /> .�,
<br /> MORTCAGG
<br /> MORTGACC LOAN N0. L ZZ�054
<br /> ` KNOWALLMENBYTFI85GPRGSEN7'S:Tiwt- A�bCPt G. Schroeder and MargaretESchroeder, each in
<br /> �� hts and her own right and as spouse of each other �
<br /> ,
<br /> t�lortgagor,whethcr one or more,in canadcration of qie aum of
<br /> , � ; =
<br /> , .
<br /> :; - Twenty-six Thousand Eight Hundred and No/100=---------------------------- ----- DOLtaxs '
<br /> ;j loanrd lo safd mortgegor hy Ttic Equitnblc 9ullding nnd Lu�n Associatiun of G�and Island,Nebwska,Afo�igagee,upon PE)B shaiea of stock pf
<br /> said/4SSOCIATfON,Cartificate No:L 22��5Q ,do hereby grant,convey and mortgage unto die said ASSOCIATION the[oUowing
<br /> ;�� described real estate;situeted in Hall County, ebraska:
<br /> '�
<br /> .h � . � � . � . � � ..
<br /> ,,i . . . . . . � .
<br /> .� , . . . . . . . ,
<br /> ;.j LOT TEN (10) IN BLAUVELT SUBDIVISION, BEING A
<br /> ;� PART OF THE WEST HALf OF THE SOUTHWEST QUARTER
<br /> � (W�SWQ) OF SECTION TW0 (2), TOWNSHIP ELEVEN (11}
<br /> <,
<br /> �
<br /> � NORTH, RANGE TEN (10) WEST OF THE 6TH P.M.,
<br /> � HALL COUNTY, NEBRASK/1.
<br /> ,� �
<br /> a
<br /> { _
<br /> � '
<br /> together with all tLe tenements,hereditaments and appurtenances thereunto 6elonging,inciuding attached floor mverings,aU window screens,
<br /> y wmdow shades,blinds,storm windows,awnings,heating;air conditioning,and plum6ing and water equipment nnd acassories thereto,pumps,staves,
<br /> : ' roGigeeators,and other fucmres and equipment now or heteafter attached to or used in connection with said real estate.
<br /> ;� And whereas the said mortgagor has ugreed and does Leceby agrec thar tlte mortgagoc shall and will pay all tuxes and assessments levied or
<br /> "` assessed upan said premiscs and upon this moctgage nnd the bond secured thcreby before the same shall become delinquenl;to furnlsh approvod
<br /> 4� insurance upon the btiildings on s�id premisas simated in die sum o!S 26�8��.�� payable to said ASSOC[AT10N and to delive�ro ssid
<br /> ;} ASS�ClA110N the policies for said insurence;and not to commit or permit eny waste on or about said prcmius;
<br /> � ln cau of default in the performance of any of the terms and conditions of this moctgaga or the bond ucured hereby,the muctgagee shaL,
<br /> an demand,ba entitled to immediatc possession of the mortgaged premises and the mortgugor hereby assigns, transfers and uts over to tlu
<br /> ; ' mortgagee ali the Tents,cevrnues and incomt m be derived from the mortgaged premises during such time as the mortgage indebtedneu shall remain
<br /> � unpaid;and thc morlgagee shall have the power ro appoint any agent or agents it may desire tor the purpom ot repairing said premius and renting
<br /> .i the sama and coltecting the eents,reve�ues and inwme,�nd it may Qay out o(wid incoma all expenses of ropairing said premtus and necessary
<br /> comminions and expenses incuned in renting anJ managuig the same and ot collecting rentals thuefcom:the balance remnining;if any,to be
<br /> applied toward the dischaige of suid mortgage indebtedness;theu ri�lits o(tiie murtgagee may be exercised at any time during Ihe e�stence of such
<br /> Fdefault,irrcspective oC any temporary waivec of the same.
<br /> s
<br /> " Th:u Presents,however,are upon the Condition,That iE the said hlortg�goc shall repay said loan nn or 6efore the maturity of said sharos by
<br /> � payment;pay montlily to said ASSOCIATION ot the swn specificd in the Bond secured hereby as inhmst and principal on said loan,on or befure
<br /> the Twentic:S dsy of each and every month,until said loan is fully paid;pay all laxes and assessments levied against said premises and on dus Dtortgage
<br /> ° and the Bond secured theceby,before delinquency;(urnish approved insurance upon the buildings thereon in the sum of S 2(�HOO.00 P3y�ble .�-
<br /> c` to said ASSOCIAl'ION;cepuy to said ASSOCIAT[ON upon demand all money by it paid(or such taxes,assessments and insurance with interest at � *{�, .
<br /> � the maximum legal rate thereon from date oF payment all uf which Mortgagor he�eby agrees ro pay;permit no waste on said premius;kcep and comply
<br /> � �'
<br /> with all the agreements and conditions oC the Bond forS�q�Qnn nn d�is clay given by the said Alortgagor to said ASSOCIA7ION,and comply
<br /> with all the requicements of the Constiwtion anJ Byd.aW3'dt'f�iG ASSOCIATION:then�heu pmsents shatl becume null and voiJ,utherwix they
<br /> shall remain in lull(ora and mey be Careclosed at thc option of the mid ASSOCIATION u(ter failure for three months to make any uf said
<br /> payments or be diree months in arrears in making said monthly payments,ur to kcep and comply witli tlic agreements and cunJitions of said Oond;
<br /> and t�tortgagor agrees ro have a receiver appuintrd furthwith in such foreclosure proceedings.
<br /> lf there is any change in ownership of the rcaI estate mortgaged herein,by sale or otherwise,thrn the entire remaining indebredness hereby
<br /> secured shall,at the option of The Equitable IIuilding and Loan Association oC Grand Islnnd,Nebexska,btcome unmediately due and payable�vithout
<br /> further notice,and the amount remuining duc under said bond,and any other bond for any adJitional advance:made therounder,sliall,from the
<br /> date of exacise o(said option,bear interest at the maximum legal rate,and thu mortgage may then be foreclosed to satisfy the amount due on said
<br /> bond,and any othec bond tor additionel advances,together with atl sums paid by said The Lquitab]e Building and Loan Association uCGrand Island,
<br /> Nehraska for insurance,taxes and assessments,and abstrading extension clWrges,with interest thereon,Crom date uf payment at the msximum
<br /> i i legal rata
<br /> As provided in the Bond secured hereby,while this mortgage remains in e(Cect the mortgagee may heroa[ter advance additional sums to the
<br /> malce�s of said Bond,lheir assigns or succeswrs m interest,which sums shall 6e within the securiry oC this mortgage the same as the Cund:uriginally
<br /> secured thereby;ihe totsl amounl oF p�incipal debt not to exceed at any time the original amount of this martgagr.
<br /> } Datedpiis lst �'Of . Apl'11 a.D..iv76
<br /> � .� � � �..�K.t.�� �. �.� ..�� .�� ��yL�,n..�.�..�
<br /> � Rlber�roe er Ma• ar • c roe er
<br /> . I
<br /> STATE Of NE6RASKA,�u On Aiis. �St day�( Apri 1 �9�6 ,before me,
<br /> COUNTY OF HALL .,.� �
<br /> the undersigned,a Notary Pubtic Li and toc said County,pciwnally came � .-�'.
<br /> Albert G. Schroed��and MargaretESchroeder each in his and her own Wno d P2 permnsllyknownto , � �
<br /> : �
<br /> � Pl�lt��1��1�'����.;0'f,,e�uO�I�P�1' a(Pixed to the above instrument as mortgagor S and th2y serereliy I � �
<br /> ..5` r•p, 5
<br /> acknuwled r.d,t���d$nEtxiirjfeL�,C�¢�i`C,. thej r voluntary act nnd deed. /} t�i. �,; -
<br /> �� ;W11NES$,�y liand.�ryi Noterial Seal the date aforesaid. �-/L�c,G� q
<br /> MY CammiSsidh eYp�ceGB� � �g7L ��/�j2G�-f9 �
<br /> e � . ��- �e Nutary f'ubtic .
<br /> �_ 3732M �`r. � � � .
<br /> •� 4F-
<br /> tr-. . . F .,'< .. . . .. . L_ �
<br />
|