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<br /> �10RTGAGH
<br /> �fORTCAGC:LOAN NO� ZZ.ZE9
<br /> � KNOW AI.L�tEN BY TIfLSf3 PRGSLNTS:Thai Lawrence A. Strohl and Sophia T. Strohl each i n hi s and
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<br /> her own right and as spouse of each other
<br /> �i� A1or[gxgor,whetlur one or more,in cons�deration of the sum of
<br /> � Ten Thousand And No/100----------------------------------------------------------- oo��nRs
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<br /> ?� lusned m said mortgagor 6y The Equitabte Building and Luan Associatiun o(Crand lsland,IJebraska,htortgagee,upun 1�� shares o(stock of �
<br /> {'u said ASSOCfATION,Certificate No.L zz.289 ,du herehy grant,comey and mungage umo the said ASSOCIA710N tlie following
<br /> ,�}a described re�l esiate,situated in Ilall Caunty,idebraska: �
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<br /> � LOT EIGHT (8) IN BLOCK THIRTEEN (13), IN
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<br /> GILBERT'S ADDITION TO THE CITY OF GRAND ISLAND,
<br /> �z HALL COUNTY, NEBRASKA
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<br /> �=� together x�ith all �he tenemems,heredi�aments and appurtenancee therewuo btlongin5.including attached floor cuveringe,xll window screens, � - � . �
<br /> �".� window shades,hlinds,s�unn winduws,awnings,heating,air conditionine,�nd plumbing and water equipment and accessories therem,pwnps.sto��es, �
<br /> �,, refrigerators,and odirr fixwres and eyuipmem now or he�ea(ier attaclied to or used in connection�5�uh said real est3te. . .
<br /> `j And w�hereas the said murigaFor has agread and do�s herebc agrec that thc murtgagor shall and will pay all taxes and assessments levied or .�.
<br /> Nassessed upun said premisrs and upon this mortga�e an�the bond secured thrreb: i�eti�re the s�me sh�ll become delinquent:to fumish approved �
<br /> ::( insurance upon the buildings on rid prcmiscs situated in the sum of S 10,QQQ.QQ payablz w said .4SSOCIATIOK and to daliver to said
<br /> ;� ASSOCIATION the pulicies(m sa�d insui�nce:and not io mmmit or permit any wasie mi or about said premises; . � .
<br /> �;E in case u(default in the padormance of any o(the terms and cuuditions oi this murt�;s�,e ur the bonJ seared hereby,the mortgagee shall, ..
<br /> un demand,bc entiAed to immcdi�tc pussession of U�c mongxged premises and �he nwrtgagor hereby assigns, [r:�nsfcrs xnd uts orer to the �
<br /> ",� mon�gee all�he ronts,re��enues and income tu be darived(rom ihe murtgaged premises durine such time as the murtgage indebteJnass shall�emain � �
<br /> unpaid;and thc murtgaere shall have the poaer w appoint�ny agcnt or�gents it m�y desire fur the purpuse o�repairing said premiscs and renting
<br /> the same and cullrctin�;tt�e cents,ievenues and income,and it may pay out o(said incume ail expenses ol repairing said premises and necessary . : � . :
<br /> commissions and expenus incur�ed in renting and managing the same�nd uf cullecting rent�is iherefrom; the balance remaining,if any,to be � �
<br /> �pplied toward Uie dis:lc+rge o(»id mong�gr inde6tedness:these rights uf the mortgagee may be exzrcised at�ne time during lhe existence of such �
<br /> default.irrespecti��e ol anp trmpo���y x�;�iver of the s�me. � . �. � .
<br /> "I�hese Presents,ho�ceser.arc upun the Conditfun.�ihu�il ihe said Vorigagur shall�epay s�id loan on or betore the maturity o(s�id ihures by . . .. �
<br /> payment:p�y munthly w s�id ASSOCIATIOV of the sum specilled in the B�md secured hereby as interest and p�incipal on said luan,on or befure �� � �
<br /> the T���entieth d�y uf each and esen�month,until said loan is lully paid:pay all taxzs and�ressments levied against said premises and un this lfortgage
<br /> and the Bond secured thereby,befure delinquenc}:lumish app�uved insurunce upon the buildings thercon in the sum u(5 lO,���.�� payable , .
<br /> to uid ASSOCIATIOK:rcpny t�i said ASSOCIA?IOV upun dem�nd ell muney by it p�id fur such tases,assessments and insurance with interest at �
<br /> the fi1;lX1I7101:1 IC4��I9(C[hereun f rom date uf payment SII D�R'Iill'I7 A�UII�;;I�U[I12ftbV,igrees tu p�y:permit nu waste on said premiscs;keep and comply �
<br /> WIIII JII(IIC JFICrI➢l'(lI5 8f1(I L'UfIlIIl1UI1S OI fllt Dond lar S 10����.��diis day gi��en by the said�tong�gor io said ASSOCL1710�,and comply . . . ,
<br /> �s�ith all ihe requirements ut the Cunstitution�nd By�L�ws uf said ASS(X'IATIU\;then these p�exnts shall become nu;l snd void,utherwise they -
<br /> shall remain in (ull(uree and may be furcclosed at the uption uf thr said 1SSOCIATI01 after tailure fur thrce months �o make any o(said .
<br /> payrncuts ur le�hree munths in a�res�s in m�king s�id munihly p�yments.or tu keep and comol}•with the agreemrnu and conditions of s�id Uond: .
<br /> and�turtgagur agrees to havt a�eceirer:�ppointed furtinci�h in such(ureclosure pruceedings. � .
<br /> '���'=? I[ih�.�e ic an�•ch�nie in oH•ncrshin o(�he real cstatc murig�ged herein,by�ale ur uthcrx�ise,then�he entire rem�ining indebtednees hereby
<br /> secured shall,al the op�ion uf The Gyuiiable 6uilding and Loan Assuciatiun of Grand lsland,\ebraska,oecome immediateiy Jue ard pay�blc'�::hcut �� � - � � � � �
<br /> (urthcr notice.and lhc anwum remaining du:under szid bond,and sny utf�er bund ibr any additional ad��ances made[hereunder,sl�all,(rum the
<br /> d�te of exercisc ol�id uptiun,bcar intcrest et the maximum Irgal ratc,and this mungage may then be fumcloscd to satis(y the amuunt due un seid
<br /> bond,end any othrr bond(or additiunal adrances,together with all sums paid Uy said'Ihe Equitabie Building and Loan Association ul Grand Island,
<br /> '�ebraska�m insurance,taxes and assesvnents,and abstractinF extensiun cha�ges,with interest thereon, (rom date uf payment a[ the m�ximum
<br /> kgal rate. �
<br /> As piuvided in the UonJ securrJ hereby,while this mortgage remains in ciie�t the mongagee may hereaCrer advanca addrtional sums to the
<br /> m::kers of said Bond,their assigns or succesw�s in imerest,which sums shall be«'ithin the securiiy ul chis mongage the same as the iunds miginally .
<br /> , �curcd thereby,the total�muunt of principal debt wt io exceed at auv time the original amuunt o(this mortg�ge. -
<br /> DateJ this �Oth day uf August �.i�..�"�6 i y,� � /�
<br /> '�-t1.-�2c'(� G/ ���"��.`f�� -_/'J�f�_�.i ''/ ��,-'L�_c,-!t J�
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<br /> awrence . ro Sop i�i a T. Stro�iT-�
<br /> STATC OF NEBRASF:A, �y ]( ,beCore me,
<br /> ss. Onthis lOth Jayof August „Y{
<br /> COUNTY OP HALL� , ;,
<br /> the undersigncd,a Noten•Yublic in and for said County,p�rsonally came '4 .
<br /> Lawrence A. Strohl and Sophia T. Strohl each in his and her own ric�F�t and as spous� of "� "
<br /> �� �� d re p`cwna y known ro �
<br /> � � each other �
<br /> me to be the idrntipl person S uiwse namc 5 are a(iixed to the above instrument a ortgagoc 5 ���� they sn•erally � '�j` r�"�
<br /> M
<br /> acknowledgeJ the said instrument tu 6e thei r voluntury�ct and deed.
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<br /> N7TN[SS my h�nd and Notarial Sc�l the date a(oresaid. . - . ,
<br /> . 11y Commissiun axpires '
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