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<br />„ 76- ()0394'(
<br /> A10RTGAGG _
<br /> ntokrcncr�onn no._L 22,246
<br /> KNOW ALL MBN DY 1'NkiSG PRE513NTS:That James L. f:i rschbaum and Sarah Lei gh Ki rschbaum, each i n
<br /> � his and her own right and as spouse of each other,
<br /> Aturtgagur,whettter m�e ur more,in consideration uf the sum of
<br /> Fifty Thousand and No/100----------------------------------------------------------notLnRs
<br /> loaned to said mortgagor by The i:yuitable Uuilding and Luan Asuxiatiun of Grand Island,Nebcaskn,Mortgegee,upun 5�� shares ul stock of
<br /> saiJ ASSOGATION,CertiCcate No.L 22�ZQ6 ,do hereby grant,convty and mmtgage unto the said ASSOCIATION tlie following
<br /> . Jescribed real estate,siluated in tlall Cuumy,Nebraska: �
<br /> LOT 1W0 (2) M P, S SUBDIVISION, CITY
<br /> - OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> ;'.
<br /> �� tugether with all ihe tencments,Lereditaments�nd appunrnantts theteuntu belonging,including ettached flour eo�•erings,all window ureens, �
<br /> winJow shades,6linds,sturm�•indows,a«�nings,healing,aic cunditiuning,�nd plumbing and water equipment and accessories thereto,pumps,stoces,
<br /> refrigerators,anJ other firmres and rquipment nuw ur hereaf ter anached to or used in cunneciiun with said real estate. .
<br /> � And u•hereas lhe said mortgagur has agretd and doee hereby agrzr that the n:ortgagur shall and will pay all taxes anJ asussments levied or
<br /> � assesud upun said premises and upon d�is murtgagr and thr 6und secured thereby brlore the same sh:+ll become delinquznt:tu(urnisit appro��ed
<br /> � inswance upun tl�e huildings on said premixs situated in the sum uf S 5�,���.�� p�Y�hlr lo said ASSOC(ATIO� and to deliver to said
<br /> � ASSOCIATION the policies(o�said insurance;and not to commit ur peemit any waste un or about wid premises:
<br /> )n case uf dcl'ault in�he performance of�ny o(the terms and conditions ul this murtgage or�he bund secured hereby,the mortgagee shall,
<br /> un demand,be entilled to immediate possession of the mungaged premiscs and the nwrtg�gur hereby assigns, transfcrs and sets over to die
<br /> ' rnorigagee alI the rems,revenuei and incmne tu be deri��ed from the mungaged piemises during such time a�the mortgage indebtedness shall cemain
<br /> unpaid;and the mortgagec zhsll ha��e the puwcr tu appoint nny ugent or agents it may dcsire(ur the purpose u(repairing said premises and renting
<br /> � the same and cullecting the rents,revenues and income.snd it may pay out uf said incume �II expensos of repairine said premists and necesssry
<br /> cummicsmns and expenses incurted in renling and managing the s�me and of culleceing rrn:als therafrom; qie balance remaining,if any,to 6e
<br /> 8(I�IIC(I�O\\'Jlfl Illl`lI6CY1JfCl'O(S:fIII I110f1R8C���1d1`hlCl�I1L'S5;LIICSC fIkI1IS O�IIIC fllUfl�'OL'l`L'➢18V be exrrcised at any time durine the existence uf such
<br /> de(ault,irreipec�iv:of any tcmporarv waircr af the�me.
<br /> �. 'iheu Presems.howevcr,:ue upon the('onuitiun."fhat il the said lfortg�gur shall repa)'�aid loan on or beiure the msturity ul saiJ shazes by,
<br /> � p���mem:p�y monthly tn s�id ASSOCIATIO'�nf the sum specified in the fiund se vred Lereby ns incerest and principal un said loan,un ur befura
<br /> � the Tu�entieth dsy of each�nd every•momh,umil s�id lu�n is(ully paid;pay all taxes and assessmrnts levied acainst said premises and on this 1lortgxge
<br /> � and ihe Bund secu��•d thereby,6c(ore drlinyuency:larnish appmved insurance upon the buiidines thereun in the sum oi S�Q���Q.Q� ��}db�i
<br /> - to vid 1SSOC1,ITION;�epay io s:�id ASS(KIATIO\upun dam:+nd all muncy by i[p�id fur such ta�as,assessmants an mwranca wrth intercst at
<br /> - d�e m�ximwn Icgal rate�hzreun tiom d�tc u(pa}�mcnt all u(which�forteacor hereby agree;tu pay:permit nu waste on eaid premiscs;keep and cumply �
<br /> ', vritlt all Ihe aereetnents and condrtiuns o(thc fiund fur S 5Q�QQQ.�Q tliis Jay gi��en 6y the saW�turteagur to said ASSOCIATIO\,and romply
<br /> {. � with alI the reyui�rments u(the Cunstitution and 1)y-L�ws of s'aid,1SSOCIATION;then these p�esents shall become null and roid,uthenvise they
<br /> sh�ll remain in full furce and may Ue furecloud a�tlee uptiun ul the s:iiS :155(X:IATIO\ aftcr Cailure tor threc mon�hs m make any ol said
<br /> i� - papments or bc threc munths m a�rca�s m makine s�id munthly p�yments,or tu keep anJ cumply with the agreements aud conditions uf ssid I3ond;
<br /> � and 1lurtgago�acrees w haee a receivc�appuinted Ibrthw�ith in such fo�celosure procetding�.
<br /> i, �I IIIC�C IS 811\"1I180�;1'111 UN'IlCISIIiP O�IVIC fCJI CSl;lll•murtgaged hercin,by sale or othcrwise,then the entirc �em�ining inde6tedness hereby
<br /> securcJ shall,:�l thr uption ol The Equitable�uilding and Luan Aswciaiiun of Grxnd Island,Neb�asAa,become immedi:�tely due and payable u•ithout
<br /> furthe� notice,and the anwum rem�iuine due undcr said 6ond,and anp other bond(or any�dditional ad��nces made diercunder,shall,from the
<br />� � . datc of'cxe�ciu o(c:wid optiun,bear in:erest ai the masimum legxl rate,and tl�is mortEacc m;+y then be lomclosed to satisfy the amount due on said
<br /> bond,and any uther bond(ur additiunal ad��ances,together with all smns paid by s:�iJ The fquilahle Building and Luan Association oi Grand(sland,
<br /> Nebraska Ibr inrurance,taxes and asxssments,and abstracting ezteusiun charges,��•iih interest tliereon, Irom da[e oC payment at:he marimum
<br /> Irgal ratc.
<br /> As piovided in the Uund secured hereby,v.'hile Ihis mortgage�emains in effect the nwngagee may hercaCter advance additional sums to the
<br /> J� makers uf said 8ond,their assigns ur successors in inte�es[,which sums shsll 6e within�he security uf this mo�tgage the same as the I'unds ori�inally
<br /> � xcured thereby,the total amoum uf principal debt nut lo exceed at any time the uriginal amnunt oi this mortgage.;
<br /> , n���a�n�s � 1 th ������ July n.o �:�6 ;
<br /> F i �YIZL��. 'y .�'— _L/1czG �� � ' ii' -�:�! �a .�-� ��
<br /> / ames . i rsc aum ara �Leig:�� i rst1�i aum
<br /> STATG 0�N[BRASKA, ss. On this 16th day of Jul y 19]( ,befure me,
<br /> COUNTY 0�IIALL�
<br /> the undersiyned,a Notary Public in anS f'or said Cuunry perwn:�lly came - ( �
<br /> James L. Kirschbaum and S.aratr:Leigh Kirschbaum, each in his and her own right and as spouse
<br /> of each other �' ;`i � �, ���10 are persunally knuwn to N •
<br /> Lme m be the identical permn g whou fpa�tnS �, ��f�7t�tu the a6o�e instrument as mortgagor S ��,a t hey ��'erally �
<br /> acAnow•ledged the said instrument to be �TTe'�Y'\'- '��'olunfyry,act'etnl deed. �.�, �
<br />--� W7TKIiSS my hand and t�ui�2fjiyl Se�l the�date afotesa�d: /� � (' � .u�.,� �
<br /> �ty Commission ox ires i .�� �7� �/�f 7 Ly (% ` / ���`"/ � •-
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<br /> \utary Public
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