|
� _.:r�.�i.
<br />�'� � �
<br /> 76- f►Q4:i.Ei8
<br /> htORTGAGG
<br /> ntoalr,nci:�onN no. L 22,267 h�LC
<br /> KNow aL�n�eN sY Tt�ese i��ze:scNTs:�ri�d� Gary D. Frederi ksen and Peggy frederi ksen, each i n
<br /> ' I
<br /> his and her own right and as spouse of each other, n��;(eagor,whetheroneormore,inconsiderationofchesumof
<br /> Twent.v-six Thousand Five Hundred and No/100----------------------------------------llo��nas
<br /> - loaned to said mortgagor by The Equita6le duilding and Luan Associatiun of Grand Islund,Nebraska,Murtgagee,upon 265 shares of stock uf
<br /> � said ASSOCIATION,Certificate No,L 22r26� MGIO�hereby grant,cunvey and mortgage unto the said ASSOClA7lON the lbllowing
<br /> described real estate,situated in Ilall County,Nebraska:
<br /> LOT TEN (10) IN BLQCK FIfTEEN (15) IN ASHTON PLACE,
<br /> AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA.
<br /> �'
<br /> . tugethzr with all the [enements,hereditaments and appurten�ncei�hereunW belonging,including attuched tluur co�•ermgs,all window screens, �
<br /> h�� � windnw shades,blinds,slorm windows,awnings,heating,air cur.ditiuning,and plumbing and water eyuipment and accessories tl�ereto,pump:,etoves,
<br /> . rrfrigerators,and other fixtures and equipment now or hzreafier attaclud to or used in cunnectiun with s�id re�l estate.
<br /> � And whereas ihe s�id rnortcagor has agrecd and docs hereby agree that the murtgagor shall and will pay all�axes and ussrssments levied or
<br /> asscssed upun said premises and upun tliis mortgage and tLe bm�d secured thcrcby br.fore d�e same shall be�ume delinyuenl;to furnish appruved
<br /> �. inwrance upun Oie buildings on said promisrs situ:�ted in ihr sum of S 2(�500.�� pa>'able tu said ASSO('IATION and to dzliver to said
<br /> : ASSOCIATION it�e policies lor said insurance:and nut to cummit or parmit any a�asie on or�hout said premises:
<br /> �� In case ol default in the perlonnance of�ny af die trrms and canditions of d�is mung�ge or the bund secured heeeby,the mongagee shall,
<br /> p ' on demanJ,he entitled to immediate pussession ul the mortgaged prcmius and the uwngagu� hereby auigns, tr�nsiers and sets over to the
<br /> morteagee all ihe ren�s,revenues and income w be derived from thr mong�ged premises during�uch time as the mortgage indebmdness shall remain
<br /> unpaid;and the mo�tgagee shall have thz po��•zr to appoint any agem or agents it m�y desice ior the purpose ol repairing snid premises and renting
<br /> ihe same and collecting the rents,revenues and income,anJ it may pay out o(said income all rxpenses uf rep•�iring said pcemises xnd necessary
<br /> �: � cummission:and expenses incurred in renting and managing thr sume and o(cullecting rcntals Iherelrom:the 6alance remaining,i(uny,tu be
<br /> � applied to�card the discharge o(said mor[gage indebrednesr,these righti oi'Ihe mortgacec may be exercised at any time during the exiscenee of sueh
<br /> � d�(auh.irrespective of:my temporary waicer of d�e s�me.
<br /> .E . Thrse Presents,hu�sever,erc upun the Condrtiun,That if thc saiJ�tor[gagm shall repay said loan on or be(ure thc mxturity of said sha[es by
<br /> paymenl;pay monthly�u said:1SSOCI:\TIO\�,f the sum specified in ihc Uund secwed hereby as interest�nd principal on snid loan,un or beiore
<br /> the Tn'entietlt day o(each and every month,until said luan is fulh�paid;pay all t�scs:�nd assessments levied acainst said premises and un thit�lorteage
<br /> � aitd the Uund secured thereby,br(ore delmquency;iurnisli appruved insurance upon ihe buildings diereun in thu sum ui S 26�5��.�� payable . j
<br /> to v�id ASSO(:IATION:repay to s�id pSSO('IAT[ON upun demaud�II mm�ey by it p�id for such taxes,�ssessments and insur�nce with inte¢st at �
<br /> � the m�ximum legal rate thereon(rom date uf payment all ul which p1on@aeor hrreby agrces tu p�y;permit nu was�e on said pcemisrs;keep and comply
<br /> with all d�e sgreements and conditiuns ol the Etond for S ZE�5��.�� �ha day gnrn by�he said lfurtgagur tu said ASSOCIATIO\',and canply .
<br /> wilh all�he reyuiiemeNs of�he Cunstitution and lly-Laws uf s�i1 ASSOCIATIOti;dicn these present�shall bemme null and vuid,utherwise they
<br /> shall rcmain in (ull fbree and may bc(urecluscd at the upuun of thc s�id ASS(x'IA710\ atier lailure for three months to make uny u(said
<br /> p�ymcnts or be thrcz munths in arrcars in making said mumlily paymrms,ur to kecp and cumply with thz ag�eements and cunditiuns o(said Uund:
<br /> - and 1lurteagur agrees Io hace a recciver appoiiued forlhwilh in sucli furedusure ptoceedings. I
<br /> li there is any change in ownership of thc rcal estatc murtcaged herein,by salc m othenvise,then tl�e entirc remaining indebtedness hrreby i
<br /> �: secured shall,at the optiun ul l�he liyuiiable Building and Luan Assuciatiun of Grand Island,'vebraska,become immediately due and payahle withuut �
<br /> r (urther nutice,and the amount remainine due under said bund,and uny mher bond fur any addi[ional advancu made thereunder,shall,fmm d�e :
<br /> date of exerciu of said uptiun,be•;r interest�t the maximum Iegel ra�e,�nd this murtgage may then be Coredused to satis(y the amount due on said i
<br /> �� bond,and auy othe�honJ for additiunal adr�nces,tugether w�ith all sums paid by said"1'he L•'yuitable Building and Luan Assuciation of Grand island,
<br /> f �ebraska for inmrance,taxes�nd a�sessments,and abstracting extensiun chuges,�cith interest therron, from date uf pay�oent at the maximum
<br /> i�s�i��ic.
<br /> As provided in the Bond stcu�ed heceby,while this mortgage remains in effect ihc mon�gee may heuafter advancc additional sums to the
<br /> makers o(said{3ond,their assigns or succeswrs in intecest,which sums shail be within the ucurity of this mungage the eame�s die funds originally
<br /> . ucured�heceby,the�utal amount of principal debt not to ezreed at any time the ori�al xmount u(this murt�age.
<br /> � � n���a�i��s 28th a:,>��r JuIY 'n.i�..i�� 76 , �,
<br /> �,/n,��� �..0 �..�-w,-� Y �� �;_.i � �-'�, ��%r''r"-'��f-?=:.��,L—
<br /> Gary�D. Frederiksen egg ;� r deriksen
<br /> STATB OP NF,BRASKA, ss. Un this da�o( �
<br /> COUNTf OP IIALL� 28th > July �` 76�be(me me,
<br /> i
<br /> the unde�signed,a Notary Public in and(ur said County,persunally came ,
<br /> Gary D. Frederiksen and Peggy Frederiksen, each in his and her own right and as s�p�se of �ri 't�,�.
<br /> wh° are person liy �nown tu } .
<br /> e �
<br /> � �yt�e�iCi�"e�atS�,tporwns «�hose name5 dpe affixed to th?above instrument as mortgagor S �nd they severally � .- . .
<br /> ,/ ackpdt��ectgeQH��diJ��prs_trument to be thei r coluntary act and�ee�. n '
<br />� �. �`-�` '��`1TNNSS my hand and Motarial Scal the datc aCorcsaid. � � �
<br /> ;•:S : f . ,. • I,-
<br />�y � , c:• ;51��CODjmissiunexpires ._�J.A.,�.',y .�` /(i . , � . ..� ._.��.!,'� �
<br /> � ! 6 .
<br />�' `r �}�;�4Sp � � tiutary Public .
<br /> z '
<br />� `1* �Jj •...�..�• :.? ':
<br />= � '�:��;i��iiE�:i:'��.
<br /> _ �� � �
<br />�� t_
<br />.�
<br />:�
<br /> �
<br />
|