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<br /> 76- 00264'7
<br /> M1tORTGACE
<br /> AfORTGAGC LOAN N0._� 17 tl 3p
<br /> r KNOWALLMENBYTIIESC•PRESCN7'S:Tliat Donald G. Hansen and Kathryn J. Nansen, CdCh 1I1 h15 and I
<br /> i hQl' OW(1 right and as SPOUS@ of each other, ��ortgagor,whetheronearmore,inconsiderntionofthesumof
<br /> � Nine 7housand Two Hundred and No/100----------------------------------------------�Do��nRs
<br /> loaned to said mortgagor by The Equitsble Building and Luan Association of Grand Island,Nebraska,Mortgagee,upon 92 shares o[stock of
<br /> �id ASSOCIATION,Ccrtiticatc No.L 2z ��p ,du hereby grenl,convey and tnortgage unto the said ASSOCIATION the(ollowing
<br /> described real estate,situated in Hall County,Nebraska:
<br /> THE SOUTH HALF (S;2) OF LOT FIVE (5), BLOCK
<br /> � EIGHTY-FIVE (85) WHEELER AND BENNETT'S FdURTH ,
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<br /> ADDITION TO THE CITY Of GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA.
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<br /> togaher with all the tencments,hereditaments and appurtenances thercunto belonging,including at[ached tloor coverings,all window ureens, � . �
<br /> window shades,blinds,storm windows,awnings,hea[ing,air conditioning,and plumbing:�nd water equipment and accessories thereto,pumps,stoves, .
<br /> reGige�a[ors,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. �. � .
<br /> And whereas the said mortgagor has agteed and does hereby aeree that the mortgagor shall and will pay all taxes and assessmrnts levied or . �
<br /> ����ti assessed upon saiJ premises and upon[his mortgage and the bond secured Qrerebv be(ore the same shall become delinquenl:to furnis�approved .
<br /> insurancc upon the buildings on said premises situated in thc sum of 5 9,2��.�� pa��able to said ASSOCIATION and [o dtliver to said .
<br /> �-_�; ASSOCIATION the policies For said insurance:and not to commit or parmit any waste on or a6out vid premaes:
<br /> In case o(de(ault in the performance oC any u(the terms end conditions o(d�is mor[gage or the 6ond secured hereby,the mortgagee shall, � �. � .
<br /> on demand,be entitled m immediate possession of the mortgaged premixs and the mortgagor hereby assigns, uansfers and sets ove� ro the . � �
<br /> mortgagee all�ho rents,revenues and income ro be derived(rom the mortgaged pmmises durinc such ume as the mortgage indebtedness shs11 remain � �
<br /> unpaid;and�he mortgagee�liall have the power[o appaint any agent or agents it may desire Cvr the purpoxe of repairing said premises and renting .
<br /> the same and collecting the rents,reeenues and income,anJ it may pay out of wid income all expenses of repxinng said premises and necessary � . .
<br /> commisvonz and expenses incurred in renting and managing the same and uf cullecting rentals tl�e�eGom:the balantt rema[ning,if any,to bt �
<br /> applied toward lhe discharge uf sxid mortgage indebtedness;thex ri�l�ts of the mortgagea rtuy be exereised at xny time during the existence of such . �
<br /> default,irrespective oC any temporary waiver of the same. � � �
<br /> �.`�, Thesc Presents,hoµ•ecer,are upon the Condition.Thnt if the s:�id Atortgagor shall repey said loan on or befo�e the maturity of said shares by � .
<br /> p�yment:pay munthly to aid ASSOC[ATIOV of the sum specified in the Eiond secured hereby as inte�est and principal on s:�id loan,on or beCore � . .
<br /> the Twentieth day o(each xnd every month,until�id loan is Cully paid;pay all taxes and assessments leried against said prcmises and un this�lortgage .
<br /> and the BonJ securcd there6y,beCure delinquancy;fumish apprured insurance upon the buildines thereon in the sum of S 9�2�Q.QQ pa)'able � � .
<br /> � to said ASSOCIATION;repay tu said ASSOCIATION upun demand all money by it psid for such taxes,assessments and insurance wi[h interen a: - .
<br /> 7. ' tha maximum legal rate thereun from date oC pa}•ment a�l oC which Aloetgagor hemby�g�ees tu pay:permit nu waste un said premises:keep and comply . �
<br /> � wi�h�II the agreements and conditions ol the Bond foi S 9 2QQ.�Q tliis dav givrn by the said\tortgagoc to said ASSOCIATIO\,and wmply
<br /> � �:•ith�II the requicen:ents ut the Constitution and ByLaa•s o�said ASSOCIA7[ON;then these presrnts shatl become null and void,otl�envise they
<br /> f � shall remnin in(ull fo�ce and miy be forcclosed at the opiion o(the xaid ASSOCIA7101 after iailure Cor three nwnths to mxke anq of said
<br /> . paymems or be thcee munths in arrcars in making said monthly pa�•mcn[s,uc w keep anJ mmply with the agreements and wnditions ut s�id Bond;
<br /> and Afort�gor a�ees to hav�a ceceiver�ppuinted forthwith in such toreclusure pruaedings.
<br /> If there is any chsnge in uu•nership of the real eslate murtgaged herein,by salr ur othe�wise,then the entirc remaining indebtedness hereby
<br /> securcd studl,at the op�ion o(The Equitable Building and L,oan Association of Grand Islend,!�ebraska,become immeSiatrly due and payable withuut
<br /> further notice,and the xmount remaining due under said bond,and any other bond Cor any additiona!advances made thereunder,siiall,(rom the
<br /> s. �� d��e of exeecise of said option,bear inlerest al lhe maximum lr;al rate,and this mortgage m�y then be(meclosed to satisfy the amuunt due on ssid
<br /> � bond,and any uther bond Cor aJditional ad�ances,together with all sums paid by vid The Lquitable Building anJ Loan Association of Giand(sland, . �
<br /> � Nebraska fur insuranu,ta�es and assessments,and ebstracting extension charges, with inttrest the�eon, Gom date of payment at the maumum
<br /> Icgal rate.
<br /> As provided in Ihe Bond xcured hereby,while this moctdage eemains in e(fect the mortgagee may hemafter advance additional sums ro the
<br /> makers u(said Bond,their�ssigns ur successurs in intercst,witich sums shall br within lhe securiry of this mortgage the same as Uie Cunds o�iginally
<br /> securcd thereby,ihe�otal amount oC principal debt not to exceed at any time the uriginal amount of this mortgage.
<br /> ��«a u,;s 18th a�y or �.�ay ,�.u.;l? 76 �, �
<br /> ��.-/�K./r l J /`-i-F-T-Z1-�-.+ ! I�l�l".'�.,�(-�r� `r. �X:_`�7:'�i/
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<br /> Donald G. Hansen kathryn J.dHansen �
<br /> -STATE OF NEBR4SKA; ss nr.this Ma 19 76 ,befure me,
<br /> 18th a,��r y
<br /> couNrv or•ti�LL� -
<br /> the undersigned a Notary�Public in and ior taid County,perwnally rame
<br /> Donald G. Hansen and Kathryn J. Hansen, each in his and her own right and as spouse of cv ::. ,
<br /> each other, , "f'° dre (+ersonally known to y
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<br /> - me tu bt the identical perwn5 .�Oiho�e nartte5i.-,d1'2 affixed to the above instrumenc as mortr,agor S 3nd they severally ,�,
<br /> � acknowledged the said instrument tv 6r,•t�211' .:'•.�u1�lntary act and deed. / A � .
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<br /> R7TNESS m be . �
<br /> Y nQanBNotanal Se31 tlet dat(t,a(oresaid. / i.: ' ` �, '
<br />� � A1yCommissiopezpAes-�)� �� ��!'.� ���:���''�� �_ ~_i�L�c.�r .,u �� � .
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<br /> L�y',y: lotary Public
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