|
�� � �:�w
<br />�� --�
<br /> Ib- U0�84�
<br /> MORTGAGG —
<br /> AfORTGACI?LOAN N0.� 22.151
<br /> KNOWALLMENDYTt16SEPRGSENTS:That$teV2tl M. Lundell� 0 single person
<br /> l
<br /> Mortgagor,whether one or more,in wnsideration o(the sum of
<br /> ; Eiqht Thousand and No/100------------------------------------------------------ uot�nRs
<br /> loaned to said mortgagor by The F.quitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon $p shares of srock of
<br /> said ASSOCIATION,Certificate No.L 22��5� ,do he�eby giant,convey and mortgage unto the snid ASSOCIATION the folluwing
<br /> described real estate,situated in Hall County,Nebraska:
<br /> ' LOT FIFTY (50) IN WEST HEI6HTS ADDITION TO THE
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEQRASKA.
<br /> }
<br /> S
<br /> J
<br /> tugether with all the tenements,hereditaments and appurtenan�rs thereunto belunging,including attached floor coverings,all window ureens,
<br /> window shades,blinds,storm windows,awnings,heating,air wnditioning,and plumbing and water equipment and acceswries thereto,pumps,stoves, ��
<br /> refrigeraWrs,and nther fixwres and equipment now or herea(ter attached to or used in connection with said real estate.
<br /> And whereas tht said mortgagor has agceed and does hereby agree that the mortgagor shall and wilt pay all taxes and asscssments levied or �.
<br /> asuued upon said premises and upon this mortgage and the bond secured thereby befbre the sxme shvll become delinquent;to(urnish approved
<br /> insurar,ce upon q�e buildings on said premises situated in[he sum of S 8 OOO.�� P�Y�ble tu said ASSOCIATION and to dehtitr to said .
<br /> ASSOCIATION the policies for said inturance;and not ro commit or per�it any wasta on or aboul ssid premises;
<br /> In case of Sefault in the performance of any o(the cerms and conditions o(tliis mortgage ur the bond secuced hereby,the mortgagee�I�all,
<br /> on demand,be entided to immediate possession of the mortgaged premises and �he mortgagor hereby assigns, transfers and seis over w the
<br /> mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain . �
<br /> unpaid;anJ thn mortgagee shail have the power to appoint any agent or agents it may desice(or the purpose o(repairing said premises and ren[ing . � .
<br /> the same and collecting the cents,revonues and income,and it may pay out of said income all expenses oC repairing said prcmises and necessary
<br /> ` i commissions and expenses incurred in renting and mnnaging the same and of collecling rentals therefrom;tlte balance remaining,iC any,to be . �
<br /> k: ': applied tuward the discharge of said moctgage indebtedness;theu righ�s of the mortgagee may be exerciud at any time during the existence of such � - �.
<br /> t % defaul�,irrespective o(any temporary waiver o(the same. �
<br /> - These Presents,huwever,arc upon the Condition,That iC the said lfortgagor shall repay said loan on or befure the maturity of said shares by �
<br /> paymenC pay monihly to said ASSOClAT10N of ihc sum specificd in�hc Bund secured hereby as interest and principal on said]oan,un or hefoce . - '�
<br /> , the Twentieth day o(each and every month,unlil said loan is fully paid;pay all taxes and asseasments levied against said premises and on tliis Mortgaee
<br /> �. and the Uond secured thereby,be(ore delinquency:furnish appruved insurance upon d�e buildings thereon in the sum uC S B����.�� payable � -
<br /> t �; to vid ASSOCIATION:repay to said ASSOCIATION upon demand all money by it paid(or such taxes,assessments and inmrance with interest a[ � . � .
<br /> the maaiwum legnl rate thereon(rom date uf payment all o(which Mortgagor here6y ag�ees to pay;permit nu waste on said premises;keep and cumply . . �
<br /> ' with all the agrcemcnts and condilions of the Bond for S $ ���.�� this day given by the said Atortgagor m said ASSOCIATIOy,and comply
<br /> with all the cequirements o(the Cunstitution and ByLaws ot�said ASSO('IATION;then these prcsents shall become null and��oid,otherwise they
<br /> � shall rcmain in full furce and may be forecloxd at the uptiun of the snid ASSOCIATION aCter failure for three munths to make any of said
<br /> `- � paymenls or be three munths in arrears in making said monthly payments,or tu keep and comply with the agreements and mnditions u(said(3ond:
<br /> � � snd Mortgagur a�ces to have a recei�•er appointed(orthwith in such(ureclosurc proceedings.
<br /> �� 1(there is any change in ownership of the real e:tatc murtgaged herein,by ulc o�otherwise,then the entirc remaining inde6[edness hereby
<br /> � . secured shall,at lhe option oC The L•quitahle Duilding and Loan Associatiun of Grand Islxnd,NebrasF:a,become immeSiacely due and payable without
<br /> '. (urther notice,and the amount remaining due under s:+id bond,anS any other bond for any addition�l advances made thereunder,shall,from the
<br /> �. : date of exereisc oC said oplion,bear interest at the maximum legal mle,and this mortgage mxy dten be forcclosed to satis(y the amount due on saiJ
<br /> bond,and any other bond for additional advances,logether with all sums paid by said The Bquilable Building and Luan Associatiun u(Grand Islsnd,
<br /> Nebraska for insurance,taxes and assessments,anJ abstracting er.lcnsion charges,with interest thereon,from dare of paytnent at�he maximum
<br /> K: � Iegxl rate �
<br /> § As pwvided in thc Bond secured hercby,whilc this mortgage remains in rf(ect the mor�gagee may hereafter advnna additiunul surns lo the
<br /> makers of saiJ Bond,their assignt ur succeuors in interest,which sums shall be within the security ot ehis murtgage the same as the funJ:ori�inxlly
<br /> secured the�eby,the tola!amaunt of princip�l debt nol lo cxceed at any time the original amount oC this mortgage.
<br /> u„�a tn,s 28th d�y or lday n.�.,iv 76
<br /> � ! �_��'I'1 ��
<br /> .I Lundel��
<br /> STATL Of NEBRASKA, � On Qiis 2gth day o( ��aY 19 76 ,be(ore me,
<br /> COUNTY OF NALL}
<br /> �. the underygneJ,a Notary Public in and for said County,perwnally came -^�-'';,+-:r,'�
<br /> r i -
<br /> Steven M. Lundel l, a single person wn� i s personally knuwn to N�`'
<br /> I �
<br /> me to be tLe idcntical pceson whou name affixed to the abuve inslrumenLas.�iortgagor and he M3Skd4AY
<br /> �'
<br /> �. acknowledged the said instrumen(to be h15 voluntary act and deed. � {� �.'
<br /> WITNGSS my hand and Nowrial Seal the date aForesaid. . -�-1.;-� /�� � ��� :
<br /> h..� � .�'� �.
<br /> 1�1y Commission expires / � � `/,. - -
<br /> , �
<br /> . •' `�
<br />�4._ � C<<.-�G . l ! �--�--r.,
<br /> - �-- ....:'.� � Nutary Public
<br /> q 3�32M ' . . . � , .I :�.�t/ ' �Y .`C .-'�r
<br />�'�.S _, � , � .
<br />�:� �- ;_ _ , � �
<br />=:�1�
<br />�-��
<br />. �
<br /> �
<br /> f
<br />
|