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<br /> AfORTGAGE
<br /> MOR1'CAGCLOANNO. � 2z�1S1
<br /> KNOWALLMENDYTN�SGPRESGNTS:That Robert A. Ochsner and Patricia D. Ochsner, each 111 h�S
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<br /> and her own right and as spouse of each other, Mortgagor,whetheroneormore,inwnsiderationo(thesumof
<br /> ` ` Twentv-nine 7housand Four Hundred d�d NO/�OO-----------------------------------'--DOLLAItS
<br /> loaned to said mortgagor by The 8quitable Duilding and Loan Associatiun uC Grand lsland,Nebraska,Alurtgagee,upon 294 shares of stock of
<br /> said ASSOCIATION,Certificale No.L ,do hereby grant,convey and mortgage un[o the said ASSOCIATION Uu Collowing
<br /> described ceal estate,situeted in Hall County,Nebraska:
<br /> PART OF THE SOUTH HALF OF THE SOUTHEAST QUARTER (S'zSE4) OF
<br /> SECTION THIRTEEN (13), IN TOWNSHIP ELEVEN (11) NORTH, RANGE NINE
<br /> (9) WEST OF THE SIXTH P.M., IN HALL COUNTY, NEBRASKA, MORE PARTICULARLY
<br /> DESCRIBEO AS FOLLOWS, TO-WIT: COMMENCING AT A POINT 20 RODS NORTH AND 27 FEET EAST
<br /> OF THE SOUTNWEST CORNER OF THE S; SE4 OF SAID SECTION 13; RUNNING THENCE NORTH PARALLEL
<br /> TO AND 27 FEET EAST OF THE WEST BOUNDARY LINE OF THE S%2 SE', OF SAID
<br /> SECTION 13, FOR A DISTANCE OF 20 RODS; TNENCE RUNNING EAST PARALLEL
<br /> WITH THE SOUTH BOUNDARY LINE OF THE S%ZSE; OF SAID SECTION 13, fOR A
<br /> DISTANCE OF 8 RODS; THENCE RUNNING SOUTH PARALLEL WITH THE WEST BOUNDARY
<br /> LINE OF THE S'ZSE; OF SAID SECTION 13, FOR A DISTANCE OF 20 RODS; THENCE
<br /> RUNNING WEST PARALLEL WITH THE SOUTH BOUNDARY LINE Of TNE S�2SEq OF SAID
<br /> SECTION 13, FOR A DISTANCE OF 8 RODS TO THE WEST LINE Of THE S;zSE; Of
<br /> SAID SECTION 13, BEING THE POINT OF BEGINNING, AND CONTAINING ONE ACRE,
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<br /> MORE OR LESS, SUBJECT, HOWEVER, TO A ROAD ON THE WEST Of SAID TRACT.
<br /> � logether wilh all the tenements,hereditaments anJ appurtenances thereunto belonging,including attached flom coverings,all window screens,
<br /> window shades,blinds,storm winduws,awnings,heating,air conditioning,and plwnbing and water eyuipment and acassuries thereto,pumps,stoves,
<br /> � re(rigerators,nnd other fixtures and equipmenl now or hereaCter attached to or used in connection with said ceal estate.
<br /> � And whereas ihe said mortgagor has agreed and does hereby agree that Ihe murtgagor shall and will pay all taxes and assessments levied or
<br /> � assessed upon said premises and upon this mortgage and the 6ond secured tLrreby before the same shall become delinquent;[o(umish approved
<br /> - insu�ance upon the buildings on said premises si�uated in the sum of S 29�4�0.�� payable tu said ASSOCIATION and to deliver to said �
<br /> ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises;
<br /> �- In case o(de(aull in the per(onrance of any of the terms and wnditions of this mortgage ur the bond secured hereby,the mortgagee shall, �
<br /> i+ on demand,be entitleJ tu immediate possession o(the mortgaged premises and the mortgagor hereby assigns, trans(crs and sets uver to d�e �
<br /> . mortgagee all the rents,revenues and income to be derived from the mortgaged premisos during such time xs Ihe mortgage indeb[edness shall remain
<br /> unpaid;and the mongagee shall have Q�e power to appoint any agent or agents it may desire fur the purpose o(repairing said premises and renting
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income all expenses uf repairing said premises and nzcessary
<br /> commiuions and expenses incurred in renting and mnnegng the same and u(mllecting rentals the�eCrom; the balance cemaining,if any,to be
<br /> � - applied toward the discha�ge ot said mortguge indebtedness;these rights uf the mor[gagec may br exereiud at any iime during the existena of such
<br /> defauh,irrespective oC any temporary waiver uf the s�me.
<br /> f These Presents,however,arc upon the Condition,'Phat il ihe said Atongagor shall�epay saiJ loan un or beiom the maturity of said shxres by
<br /> �; � payment;pay monthly to said ASSOCIATION uf the sum speci6ed in the tlund secured hercby as interest and principal on said loan,on or befuce
<br /> � the Twemied�day o(each anJ every month,until s:�id loan is(ully paiJ:pay all taxes and assessments levied against said premises and on Ihis Alortgage
<br /> - and the Elond secured thereby,before delinquency;(urnish approred insurance upon the buildings thereon in the sum of 5 29�QOQ.QQ p�S'��le
<br /> to said ASSOCIATION;repay lo s:�id ASSOCIATION upon demand all money by it paid ibr such taxes,�ssessments and insurance with inlerest�t
<br /> the mazimum legal ra�e thereun from date of payment all of which Atorlgago�hereby J61CC5�O P�};permit no waste on said pmmises;keep�nd comply .
<br /> with all the agrarmems and conditiuns of the 6ond for SZ9 400.00 ����s day given by the said Aturtgagur tu said ASSOCIATIO�,and comply
<br /> aith all the reyuirements of the Constitution and By-Laws or said ASSOCIATION;then these presents shall become null and roid,otherwise the��
<br /> shall rcmain in 1'ull force and m�y be tucedosed al the uption o(lhe s�id ASSOCI�T101 after lailure fur three months tu make any ut said
<br /> paymen�s or be three munths in arrears in making said monthly payments,ur to kecp and comply with the agrcements and conditions o(said Bond;
<br /> and l�fortgagor agrees tu have a receivrr appointed(urlhwith in such(ureclusure pruceedings.
<br /> If there is any change in ownership uf thc real estate mortgagcd hercin,by sale or othcrwise,ihen die entire remaining indebledness hrreby
<br /> secured shall,at the uptiun of T6e Gquitable Building and Loan Association of Grxnd Island,Neb�asica,become immediately due and payable widwut
<br /> furiher nutice,and lhe amount remaining due under said bond,and any other bond fur any additional ad�ances made lhereunJer,shall,from the
<br /> date of exercise o(said option,bear interest at tlie maximum legal rate,und this murtgage may dien be forcclosed to satisfy the amount due on said
<br /> bond,and any uther bond for additional advances,together with all sums peid by said The Equitable Building and Loan Association of Grand Island,
<br /> Nebraska for insurance,taxes and assessments,and abstracting extensiun charges,with interest Ihereon, 1'rum data o(payment at the maximmn
<br /> E legal ratc.
<br /> As provided in the Hond secured hereby,while this murtgage remains in effrct the mortgagee may herealter advanee aJditional sums to the
<br /> makers of said Dond,their assigns or successors in inlerest,which wms shall be within the security o(diis murtgage lhe eame us the(unds originall)'
<br /> � secured thereby,the total amount o(principal debt not to excerd at any time the ori�inal amouni o(this mongsge.
<br /> Dated lhis 16th day o( June �,A.D.,19 76. �
<br /> �� � /`�YeC G�C.L�'l��c�� ������lr%� � '� l�� �� � !'il. 9/
<br /> = Robert.P. Ochsner Patricia D. Ochsner
<br /> STATE OF NGBRASKA, 55 On this day of 19 ,bc(om mo,
<br /> COUNTY OF HALL�
<br /> he pndeesjgned,a No ary Public in apd Jbr said C<mnty,ptrson�lly came =�� '�.,J.,: '
<br /> Ro6ert A. Qchsner and Patricia D. Ochsner, eac{� in his and �er own r�ght and as spouse - "��
<br /> of each other, `°hO dre prrsonallyknownto N '`�
<br /> L me to be lhe idrntical person$ whox name5 dPe a(fixed to the aboveinstrumcnt ap mortgagur 5 and they severally �
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<br /> acknowledged tFe uid instrumen[to be thei r voluntary act and deed. ( �- / � �., -
<br />�` R7TNESS my hxnd and Notarial Seal the date aforosaid. � �,•� ���� �`� �
<br />;i Tly Commission expires % '7 r�. (\�h �
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<br /> ,f,� - .,. . . . ' Kolary Fublic
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