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<br /> M1tORTGAGIi _ _ i
<br /> nioarrnce t.onN No.. L 22,142_�_�
<br /> f KNOWA6LAfBNUYTIifiSGPRESCNTS:That Richard N. aaasch and Arlene M, fiaasch, each in his
<br /> Iand her own right and as spouse of each other,
<br /> ` Afort n or,whatlicr one or nwrc,In considorativn of tlw�um bt
<br /> 86
<br /> � FlPvan Thousand fivP Hundred and No/100----------_—_--------------------------.UULLARS
<br /> a loaned ta said tnortg�gor by The Equltabla Dullding and Loan AssuciaNan of Grand Island,Nebreskn,Tlurlgagee,upon ��� shares uf etock uf
<br /> = said ASSOC[ATION,Ccrtiflcntc Na,L 22��¢2 ,do he�eby grunl,convey and mortgagc unto thc suld ASSOC'IATtON thc following
<br /> �; described reul estute,siWnteJ M Hall Cuunly,Nebmska:
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<br /> ;y
<br /> ;3. LOT ON[ (1) IN BLOCK FORTY (40) IN PACKER AND
<br /> 4ARR'S SECOND ADDITION TO 7HE CITY OF GRANU
<br /> ISLAND, HALL COUNTY, NEDI2ASKA.
<br /> � �� AND �
<br /> � LOT NINE (9), IN BLOCK SEVENTEEN (17), OF PACKER
<br /> ,:, AND DARR'S SECOND ADDI7i0N TO TNE CIRY Of GRAND
<br /> ` � ISLAND, HALL COUNTY, NC-aRASKA.
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<br /> :;� togethcr with all thc Ienements,hercJitamenls and appurlcnunces lhercunto belnnging,hicludiug attached ilour cu�rorings,all wlndow scrcens,
<br /> � window stwdes,blinds,storm windows,nwnings,heating,alr conditiuning,anJ plumhing and watercquipment nnd acccssudes thrrelo,pump�,stm�es,
<br /> ;,i� refrigerators,and uthcr fixtures and equipment now ur hercafter attached to ur used in conncctiun with said rral csla�a
<br /> '� AnJ whercas the said morigagor haa agrecd and does heceby�gree thut Uic morlgagur shall and will pay all texes and ussessments Icvied ur
<br /> asscsud upon said pretniscs nnd upon�his mortgage and thc bond secured thcreby helbw ihc same shall 6ecumc delinqucnt;tu furnieh appruved
<br /> `; Insurancc upon tlic buildings on said premises situated in�hc sum of S ���5QQ.00 paYable to said ASSOCIA'I'ION and to delivcr to said
<br /> ASSOCIATION Ihe poUcies fur said insurance;nnd nut�o commit ur pe�mit uny waste un ar about said premisee;
<br /> " In case of de(ault in the perfonnanco oC sny of the terms and conditions uf Aiis mnrtguge ur die hond secured hereby,the mortgagee shall,
<br /> 'd , on demand,Uc entiUcd tu immediatc possessiun ol'the modgaged premises and thu mortgagur hereby ussiqns, trnnsfers nnd sets over Io tlm
<br /> mort�agee uli thc�ents,revenues and income t�be dcrivcd from�hc nrortgaged premisen during such tlmc as tha mortgngc indebtcdness shall mmain
<br /> ' unpaid;and the nto[Igagcc sliall h�vc lhc power tu nppoinl any ugent or ugents it muy dcsire Ibr thc purposc ol'repeiring said premises and rentlng
<br /> F the same and wilrcting lhe rents,revenues and i�reome,and it may pay out uf said income all expenses of rcpairing said prnmises und necessary
<br /> "� wmmissions nnd expenses incuued in�rnting end managing lhe same and of coliecting rentels �liere(rom:Ihe bal�nce reivaintng,if nny,ta be
<br /> :��1F1IIClI IUWBf(I�IIC tIISI'IIHf�'C Ul 5➢IlI It10II��gC IfIIIC�IC(IfIC53�lI1CSC f16llb O(lI7C IIIDf1�eKfC R18Y�C C%CfCI9C(I 8l 811Y 1II1101IlifltlK lLC CXlitcncc ol such
<br /> def;�ul�,irrcspective of uuy�emporary walver of ihe same.
<br /> �� 7'hesc P�esenls,howecer,8Il•ll�]Oil Iltl'COI1t�i11U11,TI18I 1�lI1C SBIII AIOIIE',O�Uf SI18II fC�18)'SllIII IU8I7 Oil Uf�C�UIC�IIC I11BIUfIIV��581tI SI78(CS by � . . � �
<br /> payment;pay monthly to said AS50C'IATION o(Uic sum sprcificd in tlm liond securcd hereby as interest and principal on said loan,uu ur bel'ure
<br /> '� �hc Twcnticth day o(cach anJ evcry muNh,until said loan is(ully p�id;pay nlll;�xcs und assessmcnts Icvicd against suid premises and on tltis Murtgagc
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<br /> and the Uund securcd thttc6y,bcfuro dclinyucncy;I'urnish�pptovcd insurance upu:i tl�c 6uilJings thereun in the sum of S���500.00 pal'ablc
<br /> to v�id ASSOC1A710N;�cpay to said ASSOCIATION upun dcmnnd all moncy by it paid fo�such tares,usscsuncnts und insurancc widi Intcresl nt - . .
<br /> Ihc maximum lcgal r;�tc ihcrcun f�om datc uf payment all o(a�hid�Alortgagur licicby agrces tu pay:penni!nu wastc un�:�id premiscs:kerp and mmply . � . .
<br /> with all d�e agreements und conditiuns of the I3und Ibr 5 11 SOO.00 ����s duy giren by the sald t�furtgagur tu saiJ ASSOCIATION,and cumply
<br /> with all the rcquiromcn�s of thc Constiluliun anJ By-Luws u(�said ASSU('IA7'ION;Ihen thcse prcsen�s shall bccome�mll und vviJ,otlienvise thcy
<br /> ',',-�-�� shall remuin in full furce and tnay be fureclused at the opliun of the said ASS(X'IAT(ON afler failure for lhrec rtwnUis tu make any ul'saW � � � � � �
<br /> paymen�s or 6e three munlhs in arrears in making snid mundily payments,nr�o kecp nnd tt�mply with the agrecmcnts and cunditiuns o(safd[1und; . �
<br /> and hturtgagur agrces tu liavc a rccci��cr uppointcd(o��hwith in surh(orcclusurc prurcedings. � . .. .
<br /> i(ihere is any cliange in ownership o(lh¢real estale morlgsged hemin,by ealc cr uthcrwise,then the entire cemaining inJchtedncas hc�eby . . � - -
<br /> � i wcured shall,at qic oplfun of Tlu Gyuitable Building and Loan Assuciatiun of GrnnJ Island,Nebruska,become inunediatcly due anJ payu�lc r�dthuut
<br /> furthcr noticc,and lhe amount remaining duc undcr saiJ bond,and any uthcr bond fur any additioual advances made�bcroundcr,shull,Irom thc
<br /> Jatc of exc�cisc o(s�id vption,bear interest ut thc tnuximum Icgal ratc,�nd this mortgage may Uien bc ibraclosed to satisfy the amuunt duc un said
<br /> bond,and any othcr bond for additimiel advances,Wgcther with nll suma paiJ by said'Thc liqulluble Uulldiug aad Loan Auociulion u(Grand Island,
<br /> Nebraska for insurance,tuxes mid assessments,and abstractingcxtensfon charges,witli intercst ihr�con,fiom date uf paynunt at the mnximum
<br /> Icgal mlc.
<br /> As provided in lhe 13und sacurod hnreby,whilc this nwrlgngc remains in cffccl the mortgaqce may hwcalicr udvancc addiUonal sums to thc
<br /> maken uf said Dond,iheir assigus ur successors in interest,which sums shall be wiqiin ihe ucurity of this murtgage the same us tlie funds uriginally
<br /> securcd Ilicmby,the tc�lal umount of principal debl rrot to rxceed nl any lime the miginal amounl uf Ihis mortgngo.
<br /> ' �< <n�s 25th aa�� Ma�*-r� f C/ n.n.,i�� 7.6 ;�
<br /> —��`tl ticA. ti It r{ / l+
<br /> C7-L ,%.,�i:,�, ''/,�, �?<v.7._,�%;l J
<br /> c ar aasc r`fene . aasc i
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<br /> � STATL'OF NL'k3ILASKA, ss. On ihis 25th day ol �'�aY 19 76 ,bc(ure ma,
<br /> COUNTY OP HALL
<br /> � the miJersign�d,a Notary Publlc In and fu�•Aid Cuunty,perwrnally came `I r , ?
<br /> Richard H. tiaasch and Arlene M. Baasch, each in his and her �
<br /> own ri ght and as s�uuse of each other `°��° are persvnally known tu � ;
<br /> - me lo he the identical persvn S w1�o�tSblb4q..� affized�o lhe a6uve instrumcnt ns tnortgegor S and they se�rrally I 'S.,�_
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<br /> acknowlcJged the mid instmment 10 bQ.�Z �h���'Q��untary act and decJ. rm.
<br /> WITNLSS my lse�d uitc[rJ/tlt�4r�'l�lv�dAl(.atc al'oresaid, � !�,
<br /> hlyComrnissiiin�xt �►rLJ�G� � '�l���( __,��;,�/ p` --�QL-)2� �
<br /> � �� t-�,�,��_. Nutoryl'ublic
<br />�� � 373�2M � ;:
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