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<br /> 76. ��934��
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<br /> n�oaTcnce�o�n no. 22,282
<br /> ' I I:IdOWALLAt1:N13YT8L'SIiPR[SIiNTS:That Harold N. Schuett and Sharon L. Schuett, each in his
<br /> and her own right and as spouse of each other
<br /> � �lortgagor,whether one ur more,in consideration of the sum oC
<br /> Four Thousand and No/100-----------------------------------------------------------oo��nas
<br /> loaned lo said mongagor by Tlie Iiquitxble Uuilding and l.oan Associatiun uf Grand Islend,Nebra�kx,Afungagee,upon 4� shares oP stock of
<br /> said ASSOCIATION,Certifica�e No.L z2+282 ,du hereby grant,convey and mortgage unto tha said ASSOCIATION the following
<br /> described real estate,situateJ in Ilall County,Nebraska:
<br /> LOT FOUR (4), IN BLOCK SIXTY TWO (62) IN WHEELER
<br /> AND BENNETT'S SECOND ADDITION TO THE CITY OF
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA
<br /> �ogether with all the tentments,hereditaments and appurtenances thercunto btlonging,including attached Iluur co��erings,all window screens,
<br /> window shades,blinds,swm�windows,awnings,heating,air cunditiuning,�nd plumbing and wa[er aquipment and acceswries thereto,pumps,stoves,
<br /> � .� refrigerators,and othrr fixtures�nd equipment no.v or hereaCter anached tu or used in cunnection wi�h s:�id real estate.
<br /> AfIII Wlll•fCdS lllC 5:11(�IIWfIt�,.9E9f I185:14fCClI 8(ltj lIOC3IlCIl'bY 9�:f2C[II�I Llll`nwrt�agur sl�all and will pay all taxes xnd assessments levied or
<br /> assessed upon said premises and upon diis mnrigage and the bund secured thereby htiore the same shall become delinyuent;m fumi:h approved
<br /> insurance upun ihe buildings on said prcmise;si�uateJ in the swn uf S Q�QQO.�Q F��}'BbIB to said ASSOCIATION and to detivec tu said
<br /> }� �r ASSOCIATION the pulicias tbr s:�id insurance;and nut tu commit or permit any waste on or about s�id premises;
<br /> :. � In c�se ul default in the perfunnance uf any��f the terms and cunditions oC this murte:+ge ur thr bond sewred hereby,the mongagee shall,
<br /> on demand,bz entitled tu inunedia�e pusses:iun uf the murtgaged pcemius and the morig�gur herebp assigns, transfers and sets over to the
<br /> mortgagte all thc rents,rovenues xnd incomr to be derived f'rom the mongagad prcmises during such time�s the mortgage indebtednnss shall remnin
<br /> unpaid:and th�•mu��g�gec�hall h��•e the puwc�tu appuint�ny agent or agcnts it may dcsire fur the purpose of repaicing said premises and renting
<br /> � the same and cullec�ing the rents,revenues and incume,and it may pay out o(said incume alI expenses of rep�iring said premisas and necessar}'
<br /> � cunmiissions and expenus incurred in renting and managing the s�me and of collecting rent�ls tharefrom;the balance rcmsining,i(any,to be
<br /> r; . applied to�varJ the discharge uf s�id mur�gage indehtedness;theu rights ol the munE�g��e ma}�br exercised at any time during the existence of such
<br /> � default.irrespeciive uf�ny femporap��vairer uf the same.
<br /> These Prcsenls,hu�eever,are upun Ihe Conditiun,Tlt�l i(Ihe s�id 11ur�g�gur sh�ll rcpay said loun on ur befu�e the m�turity o(said shares by
<br /> � p�ymen�;pay monthl��ro s:iid ASSOCIATIO'�of�ha smn specified in the Bond securcd hereby as interest and principal un said lo�n,un or be(ure
<br /> thc Tweniicth day u(cadi aud ercry muneh,un�il vid lo�n is Cull�paid;pay all�uzes and asstssments levied against said premises and on this Alortgage
<br /> and the Iiund securad thereby,befure delinyuenc}�:(umish approveJ insurance upon tht buildings thereun in the sum oC S 4 000.00. �'>'���� 1
<br /> to svid ASSOCIATIO'�:repay tu s�id ASSOCIATI01 upun demand�II money by it paid tur such taxes,assessments and i�surance wnh interest at
<br /> � the m�simwn Icgu!raiu ihereun liom da�r ot papment all u(which ptnng�wn c��eb}•agrees to pay:pcnnit nu«�asce un said premises:keep and coniply I
<br /> ���ith all lhe agreements and conditiuns u�Ihe fiund t"or S Q QQQ.QQ tliis day given by the said�to[tgagur to said ASSOCIATIO�,and compiy
<br /> . with all the rcqairememz of ttiz Cunstitutiun and by�-Laws o�s�id ASSOCIATI01;then these presenls shali 6eeome null und wid,othenvise they
<br /> shaU rtmain in lull furcc and may be furedosed'3l(IIC O�IIUII O�Ifll'S811I ASS(A�IATIOI afler failure lur thrce munths to make any of said
<br /> � payments ur be three mumhs in anears in making sald monihly paymenis,o�w kecp and cumply�vith�he agmements�nd conditiuns uf said 6ond;
<br /> and\lorlgagor agrees to havc a rcceieer appumted(urthu•ilh in such furcclusurc pruceedings.
<br /> � If ihcrz is any clianga in uwnersliip of ihc rc�l es�ate mortg_ged herein,by vle or otherwise,then the en�ire remaining indebtedness hereby i
<br /> secured shall,at ihe opiiun of The f:quitable Building nnd Loan Association o(Crand 1sland,NebrasAa,bacume immediately due and payable without �,
<br /> funher nutice,�ud the amount remaining due under:�id bund,and any od�er bond for any�dditianal advances made thereunder,shall,Irum the ��,
<br /> date ul exercise of said uplion,bcar in�e�est ai the maximmn legal rale,nnJ this murtgagr may then be fureclused to satis(y the amount due on said
<br /> bond,and any uther 6ond foi additiun�l advances,tuge�her with all sums paid by s�id"I'he liyuit�ble Uuildir�g and Luan Association of Grand Island,
<br /> Nebraska tur insurance,taxes and assessments,and�bs[rncting eatension charBes,}��ith interest thereon, fiom date o(payment at the maximum �
<br /> Ic�l ratc. �
<br /> . As provided in th�•Bond secured hrreby,while this mortgage remains in e(Irct the murtgegee may hereafter advance additional sums lu the
<br /> � makers of said Doud,their assiens ur succesmrs in interest,which sums shall be within�he security of this mongage lhe same as the funds uri�inally
<br /> � securcd there6y,�he tutal amount uf principal deb�not lo rxceed at:my time d�e original amount of this mortgage.
<br /> � Dateyl this �q�'f� day uC '�lL�t A.U.,1') .1 4.? ,
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<br /> /�f��i�.�,���� ,�,s�i�;:�� �/t'��.�L�1 ;��"��-�.�r.:C-(
<br /> Harold�N. Schuett � Sharon L. Schuett
<br /> STATE OF NG6RASKA, ss. On this - � day uf ',- .y� 19,'�c; ,befora me,
<br /> COUhTY Of HALL} ,_> {
<br /> . the undervgned;a Notary Public in and for saiJ Cuunty,persunally came � �-�
<br /> Harold N. Schuett and Sharon L. Schuett, each in his;.a�d'her,�;oyrn ri ht and as P�ou�se of � -�
<br /> each other •', ; `�h° are e sona ly known to
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<br /> .� me to bc the identical person S whosc namc5 are aff7xed tu the above instrument as mortgagor5 and the.Y severally ;�: � .
<br /> acknowlodged the said instrument to be thei r coluntary ace and deed. _� . �
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<br />�,� V+'ITNLSS mq hand and Notarial Scal the date aloresaid. . ` it?
<br />�� Aty Commission expires J _7 l _ ��- . -�
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<br />' r :y .,lutary Public
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