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<br /> �IORTGAGIi LOAN NO. L ZP�PSG
<br /> IKNOWALLAfENDYTHES1iPRESENTS:That Daniel R. Christensen and Lianne Christensen, each 711 h1S
<br /> and her own right and as spouse of each other,
<br /> . htortgagor,whether one or more,in considerntion o(the sum of
<br /> Thirtv-three Thousand Two Hundred and No/100------------------------------------ DOL�,�t�s
<br /> � loancd ti�said morlgagor by The Equitable Duilding anS Luan Associatiun oCGrand Island,NebrasY.a,M1fortgagee,upon 332 shaces ol'stock of
<br /> said ASSOCIATION,Certificate No.L 22�28� ,do hereby grnnt,convey and mortgage unto the said ASSOCIATION the(ollowing
<br /> " described�e�l estate,siluated in Hall Coun�y,Nebraska:
<br /> LOT ONE (1), IN WESTERN HEIGHTS SECOND SUBDIVISION,
<br /> LOCATED IN THE NORTHEAST QUARTER (NE';) OF THE SOUTH-
<br /> WEST QUARTER (SW4) OF SECTION ELEVEN (11), NORTH,
<br /> RANGE TEN (10) WEST OF THE 6TH P.t�., HALL COUNTY, NEBRASKA.
<br /> tugether wi�h all �he tenrmenls,hereditaments and appur�enances thereunto belonging,including attached floor coveeings,all window•screens,
<br /> a�indow shades,blinds,storm winduws,awnings,heati�ig,air cunditiuning,and plumbing and water equipment and acctssories thereto,pumps,stoves, �
<br /> re(rigerators,and oU�er fixtures and equipment now ur herealter auached tu ur used in cunnectiun�vith said real estate.
<br /> And whereas tlia saiJ mortgagor has agreed and does hercby agrce that the mung�gur sh�ll and will pay all taxes anS assessments levied or
<br /> �� �:� ;�ssasseJ upon said premises and upon d�is mongage anJ the bond secured thereby before du same shall become Jelinquent;to(urnish approved
<br /> insurance upun the buildings un said premises siluated in the sum of 5 33 ZOO.00 P�5'�ble tu said ASSOC(ATION and to Jeliver to s:iid
<br /> ASSOCL�TION the policies for said insurance:and not to cummit or penni�any waste on ur abuut s�id premises:
<br /> �.'. In case u(default in the perinrmance of an}•of the lenns and condiiions uf this murtgage or the bond secured liereby,die mortgagee st�all,
<br /> un demand,be entided to immedixte possession of d�c murtgaged premiscs •md �he mongagur heceb}' assigns, transfers and sets uver to tho
<br /> . tnorlgagee all the rems,revenues and income tu 6r derived from the nwrigaged premises during�uch time as ihe mortguge indebtadness shall remain
<br /> unpaid;and the mortgagcc shail ha�e d�e pu�ver�u�ppuint any agent or agcnts it may Jesire for thc purpuse of repairing said premises anS renting
<br /> lhe wme and cullecting the rcnls,revenues and income,and it may pay uut u(said income �II expenses u(repairing said premises and necessary
<br /> commissiuns and espenses incurred in reniing and nv�naEing the same and o(collecting rtntals therefrom;the balance remaining,if any,W be .
<br /> � applied�owarJ the discharge ul aaid mongagr indebiedness;�hese iights u(�he nwngagee may be exercised at any time during the existence of such
<br /> F� . de(ault,irrespectice o(any lempu�ai}'waiver of the same. �
<br /> � Tlrese Presents,ho�ctvc�,arr upon the Conditiun,'I�hat il the s�id lfurtgagm shall repay s�id loan un ur befuce the maturity u(said shares by
<br /> p�ymrnt;pay munihly tu said ASSOCIATION o(tlie sum specified in the Band secured hercby as interest und principal un said laan,un or befom
<br /> ;i �� the Twentieth day uf cach and evcry munth,umil said luan is fully paid;p�y all taxes and assassmrnu levied vgainst said premises and on tl�is�fortgage �
<br /> . and the Bund secured thereby,be(ure delinyuency;tumish apprured insurance upon the buildings thercon in the sum oC S 33�2��.�� P�}"8��0
<br /> f - to saiJ ASSOCIA710N;repay to said ASSOCIA'CION upon demand all muney by it paid fur such taxes,�ssessmen�s and insurance with inurcst ut �
<br /> - the m�ximum legal ra�e thereon(rum d�te uf payment all ut which Afungagur harcby�grces tu p�y:permit nu waste un s:�id premises:keap and cumply
<br /> % " wiih all�he agieements and condiiiuns uf the[lund fur S 3� Zpp (�(�this day given by ihe said nlortgagor w s;�id ASSOCIATION,and comply
<br /> t; with all the requircmenls of the CoiutitWion anJ llyLaws u �a�S SSS6CIATION;then diese presents shall become null and wid,ullterwise lhey
<br /> shall remain in fidl furee and may br toreclused at thc oplimi u(the said ASS(KIATION atte� failure fur three munths ro makz nny ot said
<br /> - paymenis ur bc thre munths in arresn ir:makir.g=_�id monthh�paymenu.or tu keep and cumply with the agreements and cunditiuns uf said Efond;
<br /> and hiortgugor agrees lo hvve a receiver appuinted forthw�ith in such fureclusure pruceedings. �
<br /> �. If thc�r is any change in ownership uf�hc rcal esta�e mongaged hercin,by sale m utheneise,then the entire remaining indebmdness hereby
<br /> � securzd shall,a�the opiiun o(The Equit�ble Uuilding and Lwn Assucia�ion o(Grand Island,�ebra:ka,become immediately due and pay�ble without
<br /> further nntice,and Ihe amuunt rcmaining Jue undrr said bond,and any othcr bond for any addi[ional advances maJe thereunder,shall,from the
<br /> � daie uf exrrcise uf said option,bear interest at the maximum Iegal rate,and this murtgagn muy thrn be(ureclosed to satisfy the amount due on said
<br /> � bond,and any uther bund Cor additional ad��anns,together with all sums p�id by said'Che Gyuitable Building and Loan Associalion of Grand Island,
<br /> Nebraska for insurance,l'd%CS BfIII LSSrSSfIlClllS,80(I 8h5If3CLil1�'L`Xll`I1510f1 1I187�1`S,149II1 vuerest diereun, (rom date of payment al the maximum
<br /> �2�';1�I9ll'.
<br /> � As pruvided in the Dond secured hereby,whi{e Ihis mortg�ge cemains in ef7�ect the tnortgager ntay hereafter advanre udditiunal sums tu the
<br /> � � makers of said Dond,their assigns or succesw�s in interest,which sums shall be within ihe security of this mortgage the same as the funds uri�inally
<br /> . secured�hereby,Ihc lo�al amount of p�incipal drbt not to exceed at any time the o�iginal amount of this mortgago.
<br /> ����<<a��»s 3rcL d�y of August a.o..i��76
<br /> i a- � C` ,
<br /> el R. hris ns � __.--
<br /> a �
<br /> �ianne Christensen
<br /> STAT[Of NEBItASlU,�ss. On this 3rd day u( August 19 �6 ,befure me,
<br /> COUNTY OF HALL _ �
<br /> � the undersigned,a Notary Yublic in and(or said Cuunty,perwnally came �
<br /> Daniel R. Christensen and Lianne Christense, each in his and her own r7 ht and as sqpuSe of N ~
<br /> I� 2dCh Oth2��. ��¢s=�@y, wti� are Persc�halfy�known to y :::
<br /> t L. l i,� l, � .
<br /> me to be the iSentical person S ��'���no ��.��i�,j^�I��affixed tu the abuve instrument as mortgagor S and t���y sc��erally �} .
<br /> � acknuwledged the said instrument to bG����Jt'`��wj7ant;uj�,¢ct and deeJ. � �
<br /> N'ITNG55 my IiandG�iQlv[St'ar�aL$FT{t��e datx�fti4r,said. / �1
<br /> �ty Commissiun exffires tQ � • �j ,1.�� 1rG� 1�.��� J ...
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