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<br /> MORTCAGC --
<br /> h10RTCACE LOAN N0._7��124
<br /> � KNOWALLMBNBYTFIF,SL'PRBSHNTS:That Joe Rae Bendowsky and Annika C. Dendawsky, each lfl h75
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<br /> q and her own right dflCl a5 spouse of each other, Moctgagor,whetheroneormore,inconsideradunofthesumof
<br /> ; fiftv five 7housand Eight Hundred and No/100---------------------------------------��t�A�
<br /> ? loaned to sald mortgagor by The Equitable Duilding und Loan Associntion of Crand Island,Nebraska,Mortgagee,upon 55$ sl�nres of stock ot
<br /> ` said ASSOCIATION,Certificate No.L ZZ��24 MGIGdo hereby grant,convey and mortgage unto the said ASSOCIATION tlu following
<br /> Jescribed ceal estate,situated in Hall County,Nebraska:
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<br /> LOT TNIRTEEN (13) IN "SUNSET SUBDIVISION°
<br /> �� LOCATED ON PART OF THE NORTH HALF OF THE
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<br /> NORTHEAST QUARTER (NZNEq) OF SECTION ELEVEN
<br /> '' (11), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN
<br /> (10), WEST Of THE 6TH P.M., IN HALL COUNTY,
<br /> �' NEBRASKA.
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<br /> " together with all the tenements,i�ereditaments and appurlenances theceuntu belonging,including attached iloor coverings,all window screens,
<br /> window shades,blinds,storm windows,awnings,hea[ing,air conditioning,and plumbing and wa�er equipment and accessories thereto,pumps,stoves,
<br /> rcfrigeratun,and other fixtures and equipment r.o�v or hereaCter atteched to or used in connection with�id real estate. .
<br /> And whereas the�id mortgagor has agreed and does hereby agree d�at the mortgagor shall and will pay all taxes and assessmrnts levied or
<br /> auessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinyuent;to fucnish approved
<br /> insurance upon the buildings on said prcmises siluated in the sum of 5 55�8��.�� payablo to said ASSOCIATION and to deliver to said � : � . �
<br /> ' ASSOCIATION the policies(or said insurance:and nol lo commi[or permit any waste on or about said premises;
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<br /> In case of de(uult in the perfo�mance of any of the terms and conditions of this murtgage or the bund secured hereby,du mortgagce shatl,
<br /> on demand,be entiUed to immediate possession of the mortgaged premises and the mortgagur hereby ussigns, transfers and sets over to the .
<br /> - �. mortgagee all the rents,revenues and income to be derived from the mortgageS premises duri�g such time as the mortgage indebtedness shall«main . . -
<br /> -�unpaid;and the muclgagee shall have the power to appoint any agent or agents it mny desire for the purpose of repairing said premisas and mn�ing � � .
<br /> the same and collecting the rents,revenues and income,and it may pay out o(said income all expenses of repauing said premises and necessary
<br /> commissions and expenses incurred in renting and managing the same and of cottecting rentals therefrom:the batance remaining,if any,to be
<br /> applicd toward the discharge of said mortgnge indebtedness;theu rights u(the mor[gagee may be exercised at any time during the existence of such � . .. .
<br /> defaull,irrespective oCany temporary waiver oClhe same.
<br /> :�:i These Presents,however,are upon the Condi�ion,That iC the said A1ortgagor shall repay said loan un or before the maturiry of said shares by .
<br /> payment;pay monthly to said ASSOCIATION of lhe sum specified in lhe Bond secured hereby as interest and principal un said loan,un oc before
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and asscssments levied xgainst said promises and un this�11or(gage .
<br /> � ; xnd the Bond secuced Ihereby,before delinquency;fumish approved inswance upon the buildings d�ereon in dte sum of S 55�$��.�� p�yable ,
<br /> to said ASSOCIATION;repay tu said ASSOCIATION upon demand all money by i�paid fm such tuxes,assessments and insurancz with interest at � ..
<br /> the maximum legal rate thereun from date of payment a�l of which hlortgagor hereby agrees to pay;permit no waste on saiS p:emises;!:eep and cmnply
<br /> �'- � with all the agreemenit and conditions of die Bond(ur S 55�80�.0�this day given by the said Aiortgagor tu said ASSOCIA"CION,and comply � .
<br /> with all the requirements of the Constitueion and DyLaws of seid ASSOCIATION;then these presents sha0 become nult and void,utherwise they
<br /> � shatl remain in(ull furce and may be foreclosed at the option uf the said ASSOCIATION after I�illl[C fur three months to make any uf said � �
<br /> ;�:� : payments ur be three munths in artears in making said monthly paymenls,or to keep and comply with the agreements and conditions of saiJ�und;
<br /> � and Afo�tgagur agrees to h�ve a receiver appointed forthwith in such(ereclosure pcoceedings.
<br /> If there is any change in uwnership of the real estate mor�gaged herein,by sale or utl�erwise,then the enure remaining inde6tedness hereby
<br /> secured shall,at die option oC The Equilabie Building and Loan Assoeiatinn o(Geand Island,Nebraska,become immediatety due and paynble H�ithout
<br /> (urther notice,and the amount remaining due under said bond,and any uthe�bond for any uddition�l advances made thereunder,sttall,irom the
<br /> date of exercise of said option,bear interest at the maximum legal rale,and this mortgage may then be foreclosed m satisfy the amount due on said
<br /> bond,and any other bond for additional advances,together with ull sums paid by said Tho Equitable Building and Luan Aswciation of Grand Island,
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension citarges,wilh interest thereon,Gom date of p;�yment at the maximwn
<br /> ' legal rule.
<br /> As provided in the Bund securod hereby,while this mutl�ge remains in effect the mortgagee may herea(ter advance additional sums to�he
<br /> makers of said Bond,their assigns or successo�s in interest,which sums shall be within d�e security of this mortgage the same as the funds u�iginnlly
<br /> secured lheceby,the total amount of principai de6t not to exeeed at any time the original amount o(this mortgage. �
<br /> Dated this 14th day of MaY ^��>•�}>76 ,---.� ,�
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<br /> � � ,�1.�.�. , , , �� � �,,,�„���,
<br /> v Joe Rae Bendowsky Annika C. Bendowsky ;��
<br /> STA'fE OF NEBRASKA, I) ,be(ore me.
<br /> u. On this 14th day of Mdy �6
<br /> COUNTY OF HALL� �
<br /> the undersi&neJ,a No[ary Public in and f'ur said County,permnatly camo "� �
<br /> Joe Rae Bendowsky and Annika C. Bendowsky, each in his and her own right and as spouse of N
<br /> each other,,. ��n� are P«sonnllyknownto ? z
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<br /> me to be thc identipl petsqg�"4���ip�d;¢rme s are aCfixcd to the above instmment as mortgagor S and the�r seve�ally �
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<br /> . acknowledged tlie said jtS`s(nttnepGtt�bt�`���j�r voluntary act and deed.
<br /> WIT�Fy"S�il�'�and anddfdtafi��ea�the date aCoresaid. J Y!
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<br /> My�Qn�iission4�CptiLt,��L �� /�7(0 /J� � 9�,�� � ..
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<br /> ,�. � ¢��. � '��i NotaryPublic
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