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<br /> A10RTGAGL• —
<br /> ntoarcnct:i.onN no._ L 22,219 MGIC
<br /> KNOWALLh1GNUYT{1GSLiPRGS1iN7'S:That Russell D. Beberniss and Kathy S. 6eberniss, each in his
<br /> � and her OW� right and as spouse Of 2dCh other, Morigagor,whetheruneormore,inconsiderationofthesumo(
<br /> Nineteen Thousand Seven Hundred and No/100-----------------------------------------no�inas
<br /> ' louned lo said murlgagor by The Equitable 8uilding and Luun Associalion of Crand Island,Nebraska,Murtgagee,upon �9] shares oC stock of
<br /> � said ASSOCIATION,Ccrtificate No.L ZZ.2�9 MGIC�u hereby grant,wnvcy end mortgage unm the said ASSOCIA'PION the following
<br /> � described mal estate,situated in liall Cowuy,Nebraska:
<br /> FRACTIONAL LOT NINE (9) IN FRACTIONAL BLOCK SEVENTEEN (17) IN
<br /> FAIRVIEW PARK ADDITION TO GRAND ISLAND, HALL COUNTY, NEBRASKA, ALSO
<br /> ITS COMPLEMENT BEING A PART OF FRACTIONAL BLOCK THREE (3) OF H. G.
<br /> CLARK'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br /> DESCRIBED AS COMMENCING AT A POINT 38.2 FEET IN AN EASTERLY DIRECTION
<br /> FROM THE SOUTHWESTERLY CORNER OF SAID FRACTIONAL LOT NINE (9) THENCE
<br /> EASTERLY AND PARALLEL WITH THE NORTHERLY LINE OF SAID FRACTIONAL LOT
<br /> NINE (9), 14.6 FEET, THENCE IN A NORTHERLY DIRECTION PARALLEL WITH THE
<br /> WESTERLY LINE Of SATD FRACTIONAL LOT NINE (9) TO A POINT WHERE THE
<br /> EASTERLY LINE OF SAID FRACTIONAI LOT 9, INTERSECTS THE WESTERLY LINE
<br /> OF SAID FRACTIONAL BLOCK THREE (3), THENCE SOUTH TO THE PLACE OF
<br /> BEGINNING.
<br /> � iugethrr with all the tenements,hereditamems anJ appurtenances thereunto be;unging,including�ttached Iluor cuverings,all winJow screens,
<br /> window shadts,blinds,storm w'indows,a�s�nings,heating,air condi[imiing,and plwnbing and water eyuipment and accessories thereto,pumps,stoves,
<br /> . refrigeraturs,and other fixtures and equipmrm nuw or herealter attacl�ed to or used in connectiun���ith said real estale.
<br /> ' And whereas ihe eaid mortgagor hus agreed and does hereby sgree that the mortgagur shall and will pay all taxrs and assessments levied or �
<br /> assessed upon said premius and upon this mortgage and the bond secured thcreby befure the same shall btcome delinquent;to furnish approved
<br /> � insu�ance upon the buildings on said promises situated in the sum uf S 19����.�� p�)'able tu said ASSOClAT1UN and to deli��er to said
<br /> . ASSOCIATIOY ihe policies for s�id insur�nce;and not�u cummit or permit any waste un or aUout said prcmises;
<br /> ,�� � In cau of default in the performance af any uf the terms and conditiuns of this mortgage or the bond sewred hereby,the nwr�gagee sliall,
<br /> � on dcmand.6e entitled tu immediatu possession u(the nwrtgaged p�emises and d�c mortgagur hereby assigns, tran:(ers and sets o��er to Ihe
<br /> �n�«6�6e�����he rents,revenues and incumr to be deri��ed Crom the mortgaged premises during such time as lhe mortgage indebtedness shall remain
<br /> Uf1�)lll(I;JI1fI�Ill'IIIOIlGB�'l`C SII:III II�VC�IIC�U\CR lU B�)�1U101 8f1\'JbPfll Uf 8KCI7�5 Il I778V Jcsire Ibr tl�c purpose of mpairing said premises and renting
<br /> . the same and cullecting the�ents,re��enues and inmme,and it may pay uut of said incume �II expenses uC repairing said premims xnd necessary
<br /> � cummissiuns and expenses incurred in renting and managing the same and nf collecting rentals therzf'rum:the balance renwining,if any,to be
<br /> ' applied tuo•ard the discharge oi said mortgage indebtedness:these rights uf the murtgagee may be e�ercised at any timr during the existenee oC such
<br /> k - def�ull,irrespective o(any icmpurary ti�•airer of the same.
<br /> � �. Thex Presen�s.huwevcr.are upon thc ConJiiion.That if the said�lorig�cur shall repay said loan un or be(orc U�e matu�ity of said shaces by
<br /> paqmenc pa>'munthl}•to said ASSOCIATIO\of�he swn specilied in�he Bond secureJ hereby as interest and principal on mid lo�n.on ur bzfore
<br /> Fihc Twen�ieth d�y of eacti and�very month,uniil said luan is fulty paid:p�y�ll�axes and assessments levied agsinst said premiscs and un this!�turigage
<br /> � � and the 33nnd secured thrre6y,betu�e drlinyuencg�;(urnish approred insurance upun the buildings thereon in ihe sum of S �9����.�� p�yable
<br /> � to siid ASSOCIA'iION;repay w said ASSOCIA7'ION upun demand all muney by it paid Cur such taaes,�ssessments and insurunce with interest at
<br /> j. . the maximum leg�l ra�r thereon Irum d�te uf puym�nt all u(whidi Mor[gagor hereby agrres w pay:permit nu w�ste on said premises:kecp and comply
<br /> � with all�he agreemenu and conditiuns of tl�c Bund fur S 19�]QQ.QQ this day given by the said!lfurtgagor to s�id ASSOCIATION,and wmply
<br /> L � ���i�h all the«quirements of the Cunsti�ution and 8y-LeWS U�5811I ASSOCIATION;lhcn these presents shall becume null�nd vuid,othenvise they
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<br /> shall rem�in in full furce and may be fureclused;�t the uption uf ihe said „SSOCIATIO� a(ter fsilure (or d�ree montlis eu make any ot said
<br /> paymen�s or be Ihiec 101]IIIIIS 111�ffC�f51111118V:111(;S811I IIIUIIIIIIy'P:lYlill'11I5.Uf IU Atcp and cuntply with tLc agrecmrnts and condilions of vid[fund;
<br /> and Alurlgagur agrers to ha�'e a recei�'er appuinted forth�vidi in sueh(uredusure procerdings.
<br /> If thcrc is any change in uwnership uf thc real esiate murtgagcd herein,by ula ur uAierwise,thcn il�e entirc remaining indebtedness hereby
<br /> secured shall,at ihe optiun of Thc liyuitable 13uilding and Loan Aswciatiun u(Grand Island,\eb�ask�,become immediately due and payable withuut
<br /> further nutice,anJ the amuuni rrmaining Jue under said bund,and any oiher bund for�ny addition�l adrances made tlureunder,shall,from the
<br /> _'� date u(exereise ol said optiun,bear intcrcst�t the ma�imum Icgal rate,and ihis mortgage may thrn be(ureclosed to satisfy die amount due on said
<br /> �: bond,and any o�l�cr bond for additional;�Jvances,tugcthcr with all sums paid by said The I:yuitablc Building and Luan Association o(G�and Island,
<br /> Kebruska(or insurance,taxes and assessments,and abstracting exlensiun charges,with inte�esl thereun, from date uf payment at the maximum
<br /> �CE��IJIC.
<br /> As provided in the Bond secured hereby,while this mortgage remains in e(fcct tha mortgagee may hercafter advance additional sums to the
<br /> makers uf said Bond,thcir assigns or succeswa in intercst,which sums sli�ll be within the security o(this murtgage the same as the funds originally
<br /> secured thereby,the total amouru uf principal debt not to excecd nt any time the original amount o(diis mortgage.
<br /> �, „z�,t,;s 29th a�y�,r June ,�.i�..iv76
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<br /> �. � �' 1',�� .i.1��.A .f'.�.�� ..J�,G'.�t'v �;
<br /> Russe 1 D. Be"erniss Kathy S. Beberniss
<br /> E sr�aTeorNEeaas�;n,i 29th June 76
<br /> ss. On Ihis day o( 1) ,before me,
<br /> COUNTY OF}IALL�
<br /> tlie undersi�ned,a Nutar Public in and for said Counry,personally e:ame ^ �
<br /> R�ssell D. Beberniss and Kathy 5. Beberniss, each in �is and �ier own right and as s�ouse ,•;;;�..
<br /> of each Oth21"� "'��� dpe personal y known to N ,.
<br /> L me to be the identiwl perwnS whose name5 dl'2 affixed to the above instrument as mortgagor S �nd they saverally � I
<br /> � acknowledged d�e said instrurnent to he thei r voluntary act and deed � '�i 'SY'���
<br />'_� N9TNESS my hand and Nolarial Seal thc datc albresaid. J —`� � % n
<br />�„ �1y Commission expires � ' .� � � � �
<br /> GC� .I C: 7 �
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