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<br />�'� `MORTCAGL�
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<br /> MORTCACGLOANNO, � 2P.076 MGIC
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<br />� KNOWALLMIiNDYTHNS6PR8S[lNTS;:rho� Arnold F: Stromer and Conn9e K. Stromer, each in his und 7;�
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<br /> h8P OWII"Y'�Pub",811d.dS Sp0US2 Of BdCh Oth81"� Mortgegor,whether one pr moro,in wnilderedon of lha ium of s � ;� z 't�
<br /> Niri� Thoucnnd and No/100_—.__._—..--------- — DOLLAILS 1'.' '�J',
<br /> loened lo'Seid tnortgngor by The Equltablo Aullding end Lunn Associatlun of Crand Isinnd,Nebraska,Afortgugcc,upon: 9O shacai of slock of �� ;y; �r r�1��
<br />�' . said AS50CIATION;Ccrtiticate No.L-22 p7( MGIG do horcby grent,cnnvey and tnortgagc un�u.the aulJ ASStlC1AT[ON the fallowing i; s n:
<br /> dascri6ed real catato,situated im Hall Cu�nty,Nebraska: ' � �f,
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<br /> LOT TWO (2) IN BLOCK FOUR (4) IN GIDEON S ADDITION
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<br /> TO THE VILLAGE OF DONIPHAN, HALL COUNTY, NEBRASKA. ` ,."
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<br />� �togetlior with nll the��enemcnts,�hereditaments and�uppurtenunccs thcrcunto 6clonging,includmg��u'.fsr.heS 0uor cuvcrings,all�window screene p `' �
<br /> window shgdes,blinds`,srorm�windows,nwnings,heaNng,air.cnnditioning,nnd plumbing and wateraywpment en�i accessoriea thereto,pumpr,stovee � � � �s �
<br />�, reGigeratoi3�nnd otharfixtuces and equlpmcnt now or heccafmr atlacheJto ur used�in rnnnection witti said renl estntc. �� � ��; i ���
<br />�j And whareas tfie said mortgagor hes egrecd and doec hmeby agree that thc mortgngarshnll and will pay all laxcsnnd assessmetds IeWed or '� f .�, ,t 'y
<br />�, assessed upon said premixs antl upan tlils mortgage and tha bond secured thereby befurc thc samc sliall become Je(inquent;tn furnish approved j' ,?i � , ,':.
<br /> insurance u pon Uie,buiidings on said premius situaled in thrsum of 5 9�O O O.�0 paynble to said A S S O C I A T I O N an d to de l lver tu sai d �'> ,.: �'
<br />�' ASSOCIATION the}wlicles for said in;urznce;and norto commit or permit uny waste on or about said promises; ,.� 'a�.
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<br /> In case of defnult in the perfacmance:of any oC the terms and conditions of this mortgage or qic bond`secured here6y,tl�c mortgagee ahull, �` `
<br /> om demand,be entiUedlo immcdiate posussion of the mortgnged premises and the mortgagor hereby assigqs,.trancC^.s and.sets over ro 1ha, °' '
<br /> morigagee all the rents,revenuce and income to be dedved from the modgaged premises during such t{me as the morlgage[ndebtedneu nhall temain �: ,
<br />� pnpaid;and tha mortgagce shall h8ve the pnwcr to appoint any agant or agcnts if mny clesirr fnr the purposc"of repaldng sald premiu�end renting e s '
<br /> ihe same and collecUng thc rents,revanaes and income,nnd it mny pay out of said income all expenses of.tepairing said premises nnd neceasary ¢ •';' : ,r ;
<br /> commissions and expenses incuned in rendng nnd managing the same and u(cuilecting rrntuls-therefrom;the`balance remaining,:if any,to 6e � , k _
<br /> applied lowerd:fhc discharge of said mortgnge inde6ledness;these rights oF the mnrtgagce may 6e exercisedat any time during Nu exlstence of such" ;. r �
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<br /> defnult,irrespecHvc oC nny tempqrary waiver o(the same. E' , � :;
<br /> Theie Prescnts,irowevcr,nre upon the CondiQon,Thnt if thesaid Mortgugnr shnll ropay said luan on or 6eforo Nie maludty o(snid shsms by i, ' '+ �
<br /> payment;pay monthly to uid ASSOCIATION of the swn specificd In Uic Dond secumd fiereby ns interest and p8ncipal on said Ioan,on nr before `
<br /> the TWeniieth duy oF eachsnd every month,until snid loan is fully paid;pay all taxes nnd assessmcnts icvied ngninst s;dd pramius und nn thls bldrtgage , p; ' � � t �
<br /> and the,Bond secured thcreby,bcfore dclinquency;(urnish approvcd insurance upon the buildings lhereon in q�e sum oC$ 9���0.�� pxynble t,"�
<br /> P to said AS50CIATION;repay tu snid F�SSOCIATION upon demand all moncy by it paid for such taxes,assessments and In:urniice with Intercst at i' `R �
<br />� the maximumiegal mtc thcreon(rom date o[payment all of which Mortgagor hereby ngrecs to pay;permit nu wasta on mid premises;koep and comply ' � ; ,
<br />� with nil thc agreements and c�nditin��s of tl�e Dond Cor 5 9 000.�0 this Jay given by thc said Afortgegor to suid ASSOCIAT[ON,and comply '"
<br /> wilh nll the requlrements uf q�c Cunstitution anJ[iy�Laws o�'said AS50CIATION;then thesc presents sl�ull 6ecome null and��oid,othenvisc 4Ncy
<br />{t shall remain in full Corce and muy be(oreclused nl thc option of tlic saiJ ASSOC[AT10N aftcr failure for thrce mond�s to mnke any nf sa{d , ,
<br /> peyments.or be thrce inoniiis in arrcars in muking said monthly payments,or tu kcep nnd comply with the agreements und conditfons of said BunJ
<br /> and Mortgagor ngrces to Imve a rec�n�er uppointed forthwidi in such Coreclosure proceedings.
<br />�`�, If therc is any changc in ownership oLthe renl estatc mortgaged hcrein;by sale or othenvise,then thc entire rcmaining inde6todness hemby
<br />�F , secured s6all,at the option ofThe Gqultable Building pnd Loan Assacintion of Grand Island,Nebrnska;become immed(ately due and payable wilttnut
<br />� further notice,and the amaunt remalNng due under said bond,nnd any other bond fcr any addltlonal advances mnde therounder;shall,fmm the �;
<br /> date uf exercisc of said option,bexr inlcrest zc tl�c maxlmum Icgnl rntc,and tlds martgugc may then 6e foreclosed to saHsfythc amout:Cduc on said
<br />�� bond;and any ather bond(or additionei advsnces,togother with all sums pnid by said The Equita6le 8ullding nnd Loan Associatlom of Grend Island,
<br />�j Nebraska fur lnsurance,(axes and assessmenls,and abstracttng extension charges,wi�h interest thercon; fmm dnte of payment at the maximum
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<br />�� As p�avided in the Rond secured hereby,while tlus mortgage rcmairs in ef(ect the ntortgagee mny hereafter odvance addiHonu.l sums to the
<br /> makcrs oPsaid Bond;thcir aufgns of successors In intcrest,which sums shalt be within the sewriry of this mortgagc.the same as dic funds odginnlly �=
<br /> 'secuad lherotiy,tllr ttital emount of principal dc6t not to excecd ut uny time tlie udginul amoiint of this martguge.
<br /> ocea�n�: � a,y or�Apri 1 A.b.,�h76 1
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<br />�� Arnold F. Stromer � Connie K. Stromer
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<br /> C, STATH OF NEBRASKA,
<br /> ss. On tlils: ,` �6�h dny of APr1� 19�6 ,Ucfarc me,
<br />�J COUNTY OI'HALL� - ;�r r '
<br />� •"'L thc undersigned,a Natary Pub6o in and Idcsaid Couniy,personally camc ='� '�i
<br />� Ari�old F Strofier and'Connie K. Stromer, each in his and her own right:and as spouse '" ��� ' f ;
<br />� Of @8Ch Otf181'y'"f who dP2 Parsbnallyknawnto : �
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<br />� -ina to bb the ideniicul person g� : whose namoS d Y'e - afRzed to u�e above instrumcnt a� gn and they savemily J < E !
<br />�F aclutnwledgqd the snidinsl�ument to be their voiu��tary actand deed. �' '
<br /> , ' , WITNESS tny hAnd nnd N�tsi:!S:sl the date eforesald: '�! � � �.� ;
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