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<br /> r� 76- _:�O�U;)1)
<br /> F� � Moarcace � �
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<br />,� MORTGAGG LOAN NU.
<br />'� KNOW ALL t,1L�N DY THE5E PRESGN i 5:Thnt y
<br />�� Norman A. Buck and 6ett JoAnn Quck, each in his end �
<br />� her own right and as spouse of each other, Mortpegor,whothcroneurmnrc,ineunelderationuftheeumo[
<br />� ` Forty-four Thousand and No/100-----------------------�---------�--------`------'---ppLLAlLS ,
<br />�. loaned lo snid murlgagur by Tho Equllabla BuIlJing and Luun Aesociadon o(Ctand Island,Ncbraskn,MortRagee,upon �40 shnres of etock of
<br />�) mid.ASSOCIATION,CerUflcnte Nn,L Z2��a2 ,Jo hereby grant,convcy und mo�tgngo unta the safd A550CIATION tl+e followfng �'
<br /> J descrlbod renl estete,situeted!n Hall Caunty,Nebraska:
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<br /> LOT SEVEN (7) IN BLOCK THREE (3) IN
<br /> LAKE DAVIS ACRES SUBDIVISION, HALL COUNTY, � " ry`
<br /> NEBRASKA.
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<br /> together with ull the tenements,hercditaments and appurtenanoes thc�eunto bclonging,including attached iloor covcrings,al!wlndow screens
<br /> window shades,blinds,storm windows,awnings,heating,air condilioning,and plumbing and water equipment nnd acauories therero,pumps,stoves,
<br /> refdgererors,und other fixtuces and equipment naw or hereatter attached to or used in connection with said real estate. -'�
<br /> And whereas the said mortgegor has agreed and does hereby ngrce that ihe mortgngor shall and will pay all taxes and assessments levied or
<br /> assessed upon snid premises and upon tliis mortgage and the bond secured thereby 6e(ore the same shall become delinquent;to furnish apptuved
<br /> insurence upon thc buildings on said premisersituated in lhe sum of S G4����.�� pnyable to said ASSOCIATION and to deliver to said
<br /> ASSOCIA'IION the poiicies for said insurance;and nol to commit ur permit any waste on or about said premiser.
<br /> ln case of default in the performance of ar,,of the terms and conditions o(this mortgage or the bond secured hereby,the mortgagee sliall
<br />�� on demand,bc entitled to immediate possession of the mortgaged premises and thc mortgagor hereby assigns, transCers and sets over lo die
<br /> mortgagee all the rents,revenucs and inwme to be dedved(ram the mortgaged premises during such time as the mortgage indebtedness shall remain )
<br />� unpaid;and the morlgagec shall have the power to uppoint any agent or agents it may desire for lhe purpose of repalring said premises and renting �
<br /> the same and collecting the rents,revenues and incumc,and it may pay out o(said income all expenses of repalring said premises and necessary t
<br />� commissiyns and expenses incucred in renting and mnnaging the same and of collecting rentnls therefrom;the beinnce remnining,if any,tn be
<br /> applied toward thc discharge n(said mortgage indebtednesr,these rights oC the mortgagee may be exercised at any time during the existence of sucli
<br /> default,irrespective of any temporary waiver of thc same.
<br /> Thesc Prcunts,however,are upon the Condition,That i(ihe said Mortgagur shall repay said loan on or baforc the maturiry of said shazes by
<br /> payment;pay monthly to said ASSOClATION of thc sum specified in the Bond secured hereby us interest and principal on said loan,un or beiore
<br /> � the Twentieth day of each and every month,unlil mid loan is fully paid;pay all taxes and asussments levied against mid premises and on this Mortgnge _
<br /> and the Bond secured thereby,bcforo dclinquency;furnish npproved insurance upon the buildings thcrcon in thc sum oC 5 44�OOO.�Q payablr
<br /> ro said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid(or such taxes,assessments and insurance with intemst at
<br /> thc maximum legal rate thereon from date o(paymcnt all of which Mortgagor heceby agrees to pay;permit no waste on said premises;keep and comply
<br /> it with all Uie agreements and conditions of the Uond for 5 44 O.(�O np «��s day given by the said Mnrtgagor to mid ASSOCIATION,and comply
<br />� with all lhe requicements of the Cunslitution and ByLaws oPsm ASS6ClATION;thcn these presents shall become null xnd void,otherwise they
<br /> shall remain in full force and may be foreclosed at thc option of Ihc said ASSUCIA'1'IUN after failure [or threc months to makc any ol'said _
<br />`f payments uc be three months in arrears in making suid monthly payments,ur to keep nnd cumply with the agreements and conditions oF said Bund;
<br /> d and Mortgagor agrees ro have a roceiver uppointed Corthwith in such Coreclosure proccedings.
<br /> r� IC there is any change in uwnership of the real estate mortgaged herein,by sale ur otherwisc,then the entire remaining indebtedness hereby
<br />:1 sewred shall,at the option of Tha Eqaitable Uuilding und Loxn Association of Grand Island,Nebraska,bewme immediatety due and payeblc without
<br />,j (urthec notice,and the amount rcmaining due under said 6ond,and any other 6ond fur nny additionnl advances made thereundcr,shalt,Crom the
<br /> l date o(exercise of said option,bear intercst at the ma�cimum!egal rate,and this mortgage may then be foreclosed to satisfy the nmount due on said
<br /> bond,and any oq�er bond for additional advances,together with nli sums paid by said The Equitable Building and Loan Associution of Crand lsland,
<br /> � Ne6raska(or insurance,taxes and assessments,and abstracting extension chargcs,with interest thereon,Crom date of payment at the n�aximum
<br />:� Icgal rale.
<br /> -1 As provided in the Bond secured hcreby,while this murtgage 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 securiry of this mortgaga qie same as the funds origin;illy
<br /> secured thereby,the total amount of principal debt not to exceed at any time the odginal amount of this mortgoge.
<br />'� u�i�a iiti: 22nd aay or Apri 1 n.�.,i��76 .�
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<br /> N rman A. Buck Betty �n uc
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<br /> STATE OF NEBRASKA, � On this 22nd day o( Apri 1 i9 76 ,before me, ;
<br /> 3 COUNTY OF HALL}
<br /> � the undersigned,a Notary Public in and Ctir said County,personaliy came tr-n' Y}�'''
<br />'� . Norman A. Buck and Betty JoAnn Buck, each in his and her own right and as spouse of each � ' 4 � K ;;
<br />,�� OthBt'� .�.gy'`�z� who dl^2 Pecsonnlly known ro k=
<br />`� 9 �' Gq�, � � � :
<br /> mc to be the lAo�wn�nt�( whosc name S ar@ affixed to the above insttument as mortgegar S and th0y severally le
<br /> � acknowle a'sdi�i stRi(A�eirt lc� tllEl P' �oluntury act and deed. _ t .
<br /> � , �R'�1F5&Yn hapd Notnrial Seal the date aforosaid. �r�",
<br /> ` � ���,p a�Ai� 'Ir�iv.. . / . . . .
<br /> 4 �, � m7`�4.Pim17itsion mc�ic ��'�- �i �97,fo
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<br /> :,L�. ��',•• NotaryPublic
<br /> 3�3��M . ,t�,?S f'r�..Gf7��k��'•�SP . . . � �.
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