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<br />'" 76- Q0,��06
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<br /> ------ nioarcnr,r:�onN no L 22,226
<br /> KNOWALLMBNI3YTIII:SCPRGSGNI'S:Thet Wayne H. Rieker and Joanne M. Rieker, each in his and
<br /> Iher own right and as spouse of each other,
<br /> Mortgagor,whether one ur mure,in considcration of tlie sum uf
<br /> Twant��J7t'E0 Tl1All�dnd anri N0�100-------------------------------------------------- UOLLAItS
<br /> . loaned�o said mortgugur by The fquit�ble BuilJing and Luan Associaliun of G�and Island,Nebraska,Dlortgagee,upon Z$Q shaces of stock of
<br /> said ASSOCIATION,Certificate No.L 22�22( do hereby grant,convey and mor�gage untu the said ASSOCIA'CION tLe following
<br /> described reul estate,si�ua�ed in ifall L'ounty,Nebraska:THE $OUTH FIFTY FEET (50'� OF LOT SIXTEEN (16) IN BLOCK
<br /> ` TWENTY (20) IN SCARFF'S ADDITION TO WEST LAWN IN THE CITY Of GRAND ISLAND, NE4RASKA AND A TRACT
<br /> : OF LAND LYING SOUTH AND ADJACENT THERETO, �EING A PART OF WHAT WAS FORMERLY 41EST SEVENTEENTH
<br /> STREET IN THE CITY OF GRAND ISLAPJD, NEaRASKA, NOW VACATED, AND MORE PARTICULARLY DESCRIQED AS
<br /> FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF LOT SIXTEEN (16) IN DLOCK TWENTY (20) IN SCARFF'S
<br /> ADDITION TO WEST LAWN, AN ADDITION TO THE CITY OF GRAND ISLANO, NE4RASKA: THENCE RUNNING EAST
<br /> ; ON THE SOUTH LINE OF SAID LOT SIXTEEN (16) FOR A DISTANCE OF 177.4 FEET TO THE SOUTHEAST CORNER
<br /> OF SAID LOT SIXTEEN (16} THENCE RUNNING SOUTH ON A PROLONGATION Of THE EAST LINE OF SAID LOT
<br /> SIXTEEN (16) FOR A DISTANCE OF EIGHT (8) FEET, THENCE RUNNING WEST AND PARALLEL WITN THE SOUTH
<br /> LINE OF SAID LOT SIXTEEN (16) TO A POINT ON THE WEST LINE OF SAID LOT SIXTEEN (16) IF THE SAME
<br /> WERE EXTENDED TO THE SOUTH: THENCE RUNNING NORTH F.OR A DISTANCE OF EIGHT (8) FEET TO THE
<br /> SOUTHWEST CORNER OF SAID LOT SIXTEEN (16) QEING THE POINT OF BEGINNING.
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<br /> �ogathcr witl� all the iencments,hcreditaments and appurtenances themunto bclonging,induding attached flour mverings,all window screens,
<br /> \V1I1lIUH'SIIB(ICS�blinds,s�onn winduws,awnings,hea�ing,air conditioning,and plumbing and water equipment and eccessories thereto,pumps,stoves,
<br /> � mfrigerators,and ather fixtures and equipment now or here�fter attached�o or used in cunnection with said real estate.
<br /> �� �'� And whereas the said murtgagur has agrced�nd does hereby agrec that the mur�gagur shall xnd will pay all tsxes and assessments levied ur
<br /> a�sessed upon said premius and upun ihis murtg�ge and ihe bond secured therebv be(ure the same shall bzcome delinquent;to furnish approved
<br /> insurance upon ihe buildings on Zaid premisessiivated in tl�e sumo($Z3���0.�� p�yablz tu s:iid ASSOCIATION and to deliver to rid
<br /> � ASSOCIATION the policies for said insurance:�nd not tu commit or pennit any wuste on or ubout said premises;
<br /> In case uf del'ault in the pedbrmance of any o(the�erms and cunditions o(this mortgage or the bond secured hereby,the mortgagee sha(I,
<br /> un Jemand,be entitled to immcdia�c possession nt�he murtgaged premises and the munEagor hereby assigns, transfrrs and sets uver to the
<br /> . mortgagee all tlie rents,revenues and incume to be derirzd from the murtEageJ premises during such[ime as the mongage indebcedness shall remain
<br /> OIIPdIII.d(1(I IIIC I11JflbJCCI'SII�II�IJVC llll'P00.'Cf IU 8(I�)OIIII 8p1'��'Cfll Of BLCpIS Il IpJY 1I251fC for the purpose uf rcpairing said premises and renting
<br /> the sama and collrcting ihe rents,re�-enues and incume,and ii may pay out o(s�id incume all expenses of repairing s:tid premises and necessary
<br /> ' wmmissions and expensrs incurred in renting and menaging the same and nf culkcting ICIIIeIS thereimm:the halance remainin@,if any.to be �
<br /> applied toward the discharge of saiJ nwrtgaee indebiedness;these rights of thr rnortgaeee m�y be exercised at any time during the existence o(such
<br /> - Jefault.irrespec�ive u(any temporary wai+�er uf the same.
<br /> �' � Thcu Presents,huu�ever,�re upon�he CUfIlI1G011��TI18I IC lI1C S811I��Uf(be�'0f SIIJII repay said loan on or before the maturity of said slisres by
<br /> - payment;pay munthly tu said ASSOCIATIOV ul the swn specilied i�i the 8��nd secured hereby as mterest and principal un said loan,un or beforc
<br /> F
<br /> �. the T�ventieth d�y o(each and every month,uniil said luan is(ully paid;pa}�ull ta�es and ass�ssmen[s levied against said premises and on this!1lortgaee
<br /> - and thc Dund srcured thereb}�,bctixc d�linyuency;turnish approved i�uurance upun the buildings thereun in thc sum ut SZ3����.�� p�y�hle
<br /> f to saiJ ASSOC1:171ON:rep�y to��id ASSOCIATION upon demand all munev bp it paid lur such taacs,assessments and insurnna with interest a[
<br /> `' �. the masimum Izgal rate thercun frum date❑1 papment all uf�vliich 11u�tg�eor hareby ae�ees tu pay:pe«nit nu waste un said premises:keep:�nd comply
<br /> y
<br /> a'ith all the agreemcnu�nd co�ditions a(tlie 11ond 1'or 523 00Q pQ tliis d�p eiecn by the said Atongagur w mid ASSOCIATION,and comply
<br /> � \1'11I18IIIIlCII'(�111Ifillt'NSO�II1lCU11tilft11110I13i1(IE)}'�LeW50tsauf��SSUCIATION:then these prestnts shall hecorne null and void,odtenvire they,
<br /> � shall retnain in full 1'orce and ma)'be(oracluxd ai�he uptiun of the said ASSOCIAT�ION ufttr failure li�r three munths tu make any of said
<br /> paymen�s ur be thrce mumhs in arrears in m�king said monihly paymems.m tu keep and comply with the�gceements and conditions uf said�und:
<br /> � and\1ot�Eagur agrees to l�ave a reccivrr appuinleJ furthwrth in tuch fureclosure proceedings.
<br /> II there is any change in uwnership of thc real estate mortgaged herein,by s�le or otherwise,then the emire remaining indebtedness horeby
<br /> � secured shall,at Ihe uption ul The Gyuitable Uuilding�nd Luan Assuciatiun uf G�and Island,NebrasAa,bewme immrdiately due and paynble without
<br /> - lurdicr no�ice,and the amount rcmaining.duc under taid bund,anJ any uther bond for any additional advances made thcreunder,shall,from the
<br /> da�e o(exerciu ul s:�id option,bear intercst�t the m�ximum Icgal rate,and Iliis mortg�ge may then be(ureclosed to satisfy the�mount due on said
<br /> 'r bund,and any uther bond(or additiunal advances,togrther wid�all swns paid by uid"I�he liyuitsble Building and Luan Association otGrand Island,
<br /> S tiebrasAa fur insurance,taxes and assessments,�nd absVacting extension charges,with interest thercun, from date uf payment at the msximum
<br /> legalralc.
<br /> � As pruvidcJ in thc Rond sccured hercby,while�his murtgage remains in e�(ect the mortgagee may hereaCter advance additional sums to thc
<br /> makers of vid Bund,their assigns ur sucaswrs in interest,µ�hich smns thall 6e within tLe security o(this mortgage the same as the funds uriginally
<br /> . secured ihereby,the�utal amount uf principal deb�not to exceed at any tinie�he oriNnal amount of this mortgage.
<br /> n,«��i,�s lst _, �.5,�� July �.u..i�� 76
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<br /> ,-�� ,r � � � C_. ���� l/ ��11�zf i
<br /> 'ayne H. Ri e<er �oanne M. Ri eke
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<br /> STATL-OP NL•DRASKA,1 ss. On this �St ������( Ju1y 19 76 ,bcforc me,
<br /> COUNTY OE I IALL�
<br /> ihe undersigned,a Notary Public in and fo�said Counry,personally ceme -�� �
<br /> biayne H. Rieker and Joanne t4. Rieker, each in his and her own right and as spause of each ��"�
<br /> other, «'��� are personallyknownto .N'^�.
<br /> : � me tu.bN���C V peaon 5 whose name S dpe af fixed N ihe�bore instrumenl as murtvagor 5 a„d they x��erally � � ,� ..
<br /> t ' i.y I ��,c�"� <f��. .
<br />�, aqV�riow9C8y,e ,Ifie�w,q�.i lrument to be thei r �nluntary act and dred. r, .
<br /> ! � �r J l�N F my han d an d No taria l Sea l t he da te a Coresai d. `\ �\ � ���
<br /> .,Aiy��om�ssion cxpires \�,tq,.,�,t.�3�� ���1� ����r,� ������,/ _
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<br /> Notury•Public
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