|
_ � ...:�3.
<br /> � �
<br /> �b- OG3U35 �
<br /> MORTCACE '
<br /> MORTCAGGLOANNO. L 2Z+�63
<br /> ' KNOWALLMENBYTHESEPRESENTS:That Gene E. Schleichardt and Sharon K. Schleichardt, 2dCh �It
<br /> �;' his and her own right and as spouse of each other, ,�:
<br /> 'j __Martgagor,wh_ther one or more_!n considentian o[the sum of �` =
<br /> � Six Thousand Seven Hundred and No/100----------- ,, , '
<br /> DOLLARS
<br /> �''' loaned to said modgegor by The Equitable 9uilding and Loan Aesocintion of Grand I:land,Nebrasl:a,Mortgagee,upon (] sharcs of stock of ,_�°'
<br /> aaid ASSOCIATION,Certificate No.L QZ_163 ,do hercby grant,convry and mortgage unto tht said ASSOCIATION the(ollowing �
<br /> dacribed real estete,sltuatcd ln Hall County,'Nebreska:
<br /> '`r:
<br /> I'$
<br /> ;_;� LOT THREE (3), IN BLOCK TWELVE (12) IN JOHN
<br /> r�� VOITLE'$ ADDITION TO THE CITY OF GRAND ISLPND,
<br /> �;� HALL �OUNTY, NEBRASKA. -�;
<br /> r,
<br /> �'� � � �:
<br /> -�� together wilh all the tenementx,hereditaments and appurtenanas thereunto belonging,including attached ltoor covrorings,all window sueem, `
<br /> � window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipmrnt and accessories thereto,pumps,stovea, �
<br /> rcfrigeratars,and othcr fixwres and equipment now or hereafter attached to or used in wnnection with said real estate.
<br /> �;i And whereas the said mortgagor has agrecd and dots hereby agree that the mortgagor shall and wiit pay cll caxes and assessment�levied or
<br /> j. assesud upon said premius and upon this mortgage and the bond ucured thereby before the same shall become delinquent;ta(urnish approved }
<br /> insurana upon the,buildings on sald premius situated in the sum of��700 Q� payable to said ASSOCIATION and to delivcr to said �
<br /> ASSOCIA'fION lhe policies(or said insurana;and not to commit or permu any waste on or about said premius;
<br /> In case ot default in the pedormance af any af the terms and wnditions oC this mortgage or the bond secuced heceby,the mortgagee shall, �"
<br /> <3 on demand,be rntitled to immediate possession of the mortgaged premises and the mortgagor hereby auign:, transfers and uts over to the
<br /> � modgagee all the rents,mvenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedneu shall remain ; _
<br /> � � unpaid;and the mortgagee shall liave the powu to appoint any agent or agents it may desire far the purpose of repairing said premius and rmting
<br /> the same and collecting the rents,�evenue;and incame,and it may pay out of said income all expenses of repairing sa�d premix:and necessary
<br /> commissions and expenus incurred in ronling and managing the same and of collecting�entale thercfrom;the balana remaining,if any,to.be
<br /> :� apPlied toward the diuhargc ot said mortgagc indcbtedneu:theu rights of the mortgagee may be exerciud at any time during the txistrna of such
<br /> # default,irrespective of any temporary waiver of the sama
<br /> ,� Thcu Preunts,however,are upon the Condition,That iC the said Dtortgagor 3ha11«pay said luan on or beFoce the maturity of safd shares by
<br /> � payment;pay monthly to said ASSOCIATION of the sum specified in the Bond ucured hereby as intercst and principal on said loan,on or beforc
<br /> # the Twrntieth day of each and every month,until said loan is fully paid;pay alt taxes and asseuments le�ied against said premises and on this Atortgaga
<br /> ,# and the Bond secured tt�ereby,before delinquency;(umish app�oved insurance upon the buildings thereun in thc sum of 5 6����.Q� p�yable
<br /> to said ASSOClATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessmmts and insurance with inurest at
<br /> the maximum legal rate thereon from date of paymrnt alI of which Dlortgagor hereby agrees to pay;permit no waste on said premius;keep and mmply
<br /> xith all the agreements and conditions of the Bond for 5 6 7n 0 nn this day given by the said Aforigago�to said ASSOCIATION,and comply
<br /> with all the requircments of the Constitution and ByLaws af�aid'eCSSOCIATION;then these prescnts shall become null and wid,othenviu they
<br /> .;� sliall rcmain in(ull(orce and may be forcclosed at the option of the said ASSOCIATION a(ter failurc for three months to make any of said
<br /> ; payments or bc thrce months in a�rcars in making said moNhly paymoncs,ur ro�:cep and comply with the agreements and conditions o(said Bond;
<br /> �
<br /> and hiortgagoc agrees to have a receiver appoinrod torthwith in such fomclusure proceedings.
<br /> If there i:any change in ownerohip of the real estate mortgaged herein,by sale or otherwiu,then the entirc«maining indcbtednest hercby
<br /> ? seccrcd shall,at the option of Tht Equitable Building and Loan Association of CranS Island,Ncbraska,bewme immediateiy due and paysble without
<br /> j fudher notia,and the amount remaining.due wdcr mid bond,and any olher bond tor any additlonal advences made thereunder,shall,from the
<br /> ' date of exercix of said option,bear inlerest at the maximum legal ratc,and this mortgage may then be farecloud to satisfy the amount due on said
<br /> : { bond,end any other bond tor additional advantts,together with all sums paid by said The Equitable Building and Loan Association oC Crand Island,
<br /> Nebraska For insurance,taxes and asseamrnts,and abstracting extension charges,with interat thereon,from date of payment at the maximum
<br /> legal rate.:
<br /> j As provided in the Bond ucured hereby,while Ihis morty,age remains in effttt the mortgagee may hecea(ter advance additional sums to the
<br /> , � makers of said Oand,lheir assigns or succeuots in intercst,which sums shall bt within the security o(this modgagt the samt as the(unds originally
<br /> € , secured iheroby,the tOtal amounPof principal debi not ro exceed at any time the original amount o(this mortgege.
<br /> Dated this p� day of �une ��•�j4 ]G
<br /> ;� .���,�pP.,�P�«�,cr- , ���o.,���:,��
<br /> ;,i Gene�E. Schleichardt Sharon K. Sch.�ichardt
<br /> , _
<br /> �, STA7E OF NEBRASKA;1 u p��� 3rd Say of June 19 �C ,before me, `:
<br /> ' � COUNTY OF HALL j
<br /> the undersigned,a Notary Publlc in and tor said Counry,personallycame +"� � �
<br /> Gene E. Schle�Ghardt and Sharon K. Schleichardt, each in his and her °
<br /> •.� + who d re perwnally known to i.-r•' � ;
<br /> � own right at�d as s each other :,
<br /> me to be the ideiiticsl � GA � ueme 5 a(fixed to the abova instrument as mortgagor S and they xverally l
<br /> -� , �..
<br /> acknowledged the �ry�t�i�pi�ELq I�b,�� i r wluntary act and deed. *`
<br /> ; s6�mYph�d aS�d?jqYi Seal the date atoresaid. /1 ,..�/ � r'
<br /> ��f YCbnadrs�loaezpires� �� /�17L ����=/,1 V' ���� ���
<br /> � a,; txr�i�,ts , ,.; �.
<br /> ' � • Notary Public
<br /> 373YM. �l.�<��:� .5�;'�r� .� .
<br /> �*`Uf•�iC`�titt l� .
<br /> �. . ��i�C:.�-.i<5'�_ . . �
<br /> l—
<br />�
<br />� :
<br />�.
<br /> t�
<br />
|