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<br />�� .._.7b- ()04�65
<br /> n�oarcncs
<br /> n�oaTcncr�onn No. i 22,277
<br /> i:taowALLAtENBY7'IILiS['sPRESfN'CS:That Richard A. 3enzel and Marjorie A. 3enzel, each in his
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<br /> and her OWII ri ght dfld d5 spouse Of OdCh other, h����sagor,whether one or mure,in ronsideration of the sum of
<br /> '' fJine Thousand and No/100-------------------------------------------------------- �o�LnHs
<br /> luaned to said mortgegur by The liquitable 13vilding and Luan Association u(Grand Island,Nebraska,Afongagee,upon 9� shares of stuck of
<br /> said ASSOCIAiION,Certiflcate hu.L ZZ r2�� ,do hereby grant,comey and murtgage unto the said ASSOClAT10N the following
<br /> . described real estate,si�uated in 11a11 County,Nebra:ka:
<br /> LOT FIVE (5) IN BLOCK ONE HUNDRED AND THIRTY-
<br /> EIGHT (138) UF UNION PACIFIC RAILWAY COt4PANY'S
<br /> SECOND ADDITION TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
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<br /> �ogether with sll the �enements,hereditaments�nd appurtenances thereunto beluneing,including attached Iloor cuverings,all window screens,
<br /> window shades,blinds,storm winduas,awnines,heating,air conditioning,and pimnbing�nd wa�ar eyuipment and accessories thereto,pumps,stoees,
<br /> � re(rigerators,and odier Iixtures and equipment now or herealter�ttached ro or used in connec�iun with said rcal estatz.
<br /> And whe�eas du said morteagor has agrceS and does hereby agree thai ii�e mongagur shall and will pay all taxes and as�essments levied or
<br /> assessed upon said premius and upon d�is mortF�ge and the bond ucured therehv befure die s:+me sh�ll become delinquenC to furnish approved
<br /> insurance upun thc huildings on said premises�ituated in[he sam of S 9��0�.�� p�5'�hle m said ASSOCIATlON and tn deliver to said
<br /> ASSOCIATIO\�he pulicies(or saiJ insurance;and not tu cummie or permit any u�uste on ur�bout said premises;
<br /> 2� in case o(delault in the perfurmana u(�ny ol the terms and cunditiuns ui this mortgage ur the bond secured hereby,thz mortgageo shall.
<br /> un dem�nd,be rntitled to immediate poswssiun ul the moneagcd prcmixs aud the mun4agor hrrcby assigns, transters and sets u�•er ro thc
<br /> mongagee all the�ents,revenues and incume�o be derieed irom the mungaged prcmisrs Juring such time as the murtgage indebtedness shall temain
<br /> �; ❑Ov01tl::lil(I lI1C IllUfl�861'L`SI18II IIJVL'llil'rOWCf lU 3�lPOlfll:IIIY JFL'Ill Uf 8C[I1I5 it may dcsire lbr the purpuse of repairing said premises and rcnting
<br /> �he same and collecting the rents,revenues and income,snd it may pay uut ol said incume all expenses of repairing said premisas xnd necessary
<br /> �. commissions and expenses inrur�ed in renting and m�naging the same and of collec�ing rentals [hzreCrmn;the balance remaining,if any,to be
<br /> � applieJ to�vard the disch��ce uf said mortgage indebtedness:thesz richts of the mortgagec map be ezercised al iny time during the existence uf such .
<br /> default,iuespective uf any temporary wai��er of the s�me.
<br /> Thrse Prcsenu,ho�ee��er,�re upun ihc Conditiun,�fhat if the said\tur�gagur shall rcpa}�said loan on ur beiore the maturitv uf vid shares by
<br /> puyment;p�y munthly tu said.1SSOCIATION u(thc swn specified in the Bund sec;:red hereby:�s intereet and principa!un said loan,un or befom
<br /> the T«'entieth d�y of cach�nd cvcry month,until s�id lu�n is fully p�id;P�}•�II i�xes and assessmcnts levied against said premises and on this�turtg:�ge
<br /> F . and the Bund secwed�hereb}�,belore delinyuency:furmsh approved in:wance upon�he buildiny;s thereun in the sum ut S 9���Q.��. pay�ble
<br /> �o said ASSOCIATIO\:rcpay to s�id ASSO('IATIOV upun dem�uJ all muney b}�it paid for sueh�ases.assessments and insurance w�th intecest at �
<br /> 3 . ihe maximum leg�l rate thereun Gum J�te u(payment all of winch�torteagur hereby agrees tu pay;pennit nu waste un said prcmises:keep and comply
<br /> with all�he agreements and conditions uf the 13und fur 5 9 nn nn �his Jap gi��en by the said�torieagur to said ASSOCIATIOti,and cump�y
<br /> «�ith all�he reyuirements of the Cuns�itution snd Iiy�Laws ofQJf�T'ASS(X'IATION;then thesr prcsents shall bemme null and void,utherwise they
<br /> sh�ll remain in full furce and may be foreclosed at the uptiun ot the said ASSOCIA7lON atter lailure fur three mund�s m m�ke any of said
<br /> paymrnls or be three munths in urea�s in making said mmi�hly paym�•nts.or to Aeep and cumply with the agreements and wnditions of saiJ Bond:
<br /> anJ�tortgagor agrees�o have a reeeiver appoimed(orth���idi in such fureclosure pruceedings.
<br /> ; II there is any cl�ange in uwnership ul ihe«al estatc murtgagcd herein,by sale or UfI1CIK'ISl'.lI1fI1 IIIC eniire ccmau�ing indebtedness he�eby
<br /> ucured shall,at the opiiun of The t:yuitable Building and Luan Assuciatiun uf Grand Island,Kebraska,becort�n inunediatcly Jue and payable�ti�ithout
<br /> further nutice,and ihe amuunt �emaining due under said bund,and�ny udier buud fur any additiunal advanca m�de thereunder,shxll,(rom tlie
<br /> da�e of exercise ol said option,brar inte�rsi at the muximum Icgal ralr,anJ this mortgage m:�y then be forcclosed io sati�(y the smowit due on said
<br /> ` bond,and any other bond fur additional advances,toeether u�ith all sums paid by said Tl�e Equitable 8uilding and Luxn Assucintiun ol Grand(slanJ,
<br /> �� Nebraska lix insurance,taxes and assesvnents,and at�siracting estension charges,wiih interest �hereon,fcom date of paymenl at Ihe tnaximum
<br /> legalca�e.
<br /> s' As provided in tl�e Uund secured Le«by,whilr�his murtgage rrmains in e(1'ect the mor�gagee m�y hereatter ad�ance additional swns to the
<br /> makers of said Uond,their assigns ur successors in in�eresi,which sunu shall bz within the security of this mungage the same as thr funds originally
<br /> � xcuceJ Ihereby,Ihe lolal amuunt o(principal debt nut�o exceed at any lime the uriginal amuunt of diis mortgage.
<br /> �i���ra w�s 2nd a�>�i August �.n..��� 76
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<br /> ,�. // .��.� (�",L-�[]_'.1�t. C/ ��'1 ,
<br /> 'Richard A. enze �� hlarjo�e A. 3enze I Y'
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<br /> STATE Of NLBRASF:A,1 yS. pn this 2nd day of aU9USt t9 �6 ,before mr,
<br /> COUNTY OP FlALL J �
<br /> the undersigned,a Notary Public in and Ibr said County,personally came �
<br /> Richard A. Benzel and Marjorie A. Denzel, each in his and her own �-ight and as s�o�se of N '
<br /> � g ����u are Petsun� ly nown ro « -.
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<br /> mo , e I�e i��+14/�'���'n S �vhosc namc s are u(fixcd tu the abuvc instrument as murtgagm 5 and theY sc��eraliy �
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<br /> :uk�nop�lpdg`K I tliq�y�"(uJ��t lstr1xnent tu be t hei r voluntary act an J dec d. �
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<br /> .. WIT!�FSS i�Av hand�nd\ntari�l Seal the date aforesaid. . .
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<br /> ..� ,� Diy{'ohvbls�iunexpires �� , �� � �'�, .
<br /> .. i '".,.'�"�"'•'� . -- ---_--- •._\��rv Public
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