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<br /> 76- .�)046�iy
<br /> MORTGAGI's
<br /> AfORTGAGCL0ANN0._� ZZ,299 MGIC
<br /> , KNOW ALLAfEN DY TIIESL'PRISIiNTS:That paul J. Bartel s and Oorann L. Bartel s each 111 hl S hcld
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<br /> ;t her own right and as spouse of each other,
<br /> .,� Atorlgagor,whether one or more,in conside�atiun of the sum of �
<br /> ,, Thirty Thousand Six Hundred and No/100---------------------------------------------DOL[.ni�s
<br /> ,;� loaned lo said mortgagor U}�The L•yuitable Building and Loan Associa�iun o(Grand lsland,Nebraska,Alortgygee,upun 306 shares of stock of :�
<br /> �� said ASSOCIATION,Certificatu Ido.L 22,299 MGIC�do hereby grant,cunvey m�d�wrtgage unlu the sail ASSOCIATION die(ollowing �
<br /> �'3 described real esta�e,siwated in Ifall Counly,Nebraska: � �
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<br /> �' LOT THIRTEEN (13) IN BLOCK THREF (3)
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<br /> �i IN "MEUES FIRST ADDITION" TO THE CITY OF
<br /> GRAND ISLAND, NEBRASKA, AS SURVEYED,
<br /> � PLATTED AND RECORDED.
<br /> :ry
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<br /> mge�her with �II the tenements,hrredrtaments and appurten:�nces thercumu belonging,including attacheJ Ilour corerings,all window screens. . . . � .
<br /> ,�� u�induw sh�des,blinds,storm windoo�s,awnines,hratine,ai�conJitiuning,and plumbine and wuter equipment and accessuries thereto,pumps,stoves, �. � �
<br /> .,,� refrigerators,�nd o�her I�ixtu�es and equipment nuw or herea(ter attached tu ur used in cunnectiun x�ith said real est�te. . . . ..
<br /> '$': And N�liereas Uu a�id morcgagor Las�greed�IIII(IOl'S IiCIfI)Y J�,fCC 1�181 flil'mortE�gur shzll and will pa}'ull[8%25 3P(I BSSCSSIIICIIIS IfVICd Of . � � .
<br /> �ssessed upon said pmmises and upon diis mortg�ge and the bond secured dn�reb}�belure the same sl�vlt bacome drlinyuent;tu furnisl�appwved .
<br /> i�aurance upun the 6uildings un saiJ prcmixs siivated in d�e sum uf S 30�6��.�0 payable to said :1SSOGA'fl0\ and to deliver to s�id .� . �
<br /> ASSOGAT101�he pulicies 1'or said insurance;and nut to cummit ur permu any•.vasre un or abuut saiJ premises: . � . .
<br /> In cuse of de(ault in�hr perlonnance uf�ny of the terms�nJ conditions u(this mortcage ur�hr bund secured hereby,the mortgagee shall, . � �
<br /> on demanJ,bc entided tu immcdiate possessiun uf the mortgaecd premises and the morig�gor herehy assigns, transfers and sets over to the � .. � �
<br /> .��i murtgagee all ihe rents,revenues and income to be derivad(rom the munFged p�emises during such time as die mortguge indebtndness shall remain . . .
<br /> "F UflP:lll�:dllll II12 IIIUfIFBEI•L'SII:III I18V0 lI1C po��•er tu appuint any agent ur agents it m�y desire fur thc purpose of rcpairing s:�id premises and renting . .
<br /> ' ihe vmt and collecting the rents,«vanurs and income,and it may pay out o(taiu incume all expenses of repairing said premises and necessary � �
<br /> cuntmisiiuns�nd espenses incurred in reming anJ man�ging thc same and uf collcaing rcmals thcrc(rum; the 6aluncr rem�ining,if any,to be - ��
<br /> applied ioward the dischsrge of seid mortg�ge mdeba�dness:�hese riEhts uf ihe mongagee m�y be exereised�t uny time during the existence of suc}i
<br /> defaull,urespecuve o�any temputary��'aicrr uf Ihc same. . � . .
<br /> 7'hese Presents.ho�ce��er,are upuii ihc Cunditiun,Th3i i(ihe said 1lurtgagor shali repay said lo�n on ur before lhe nuturity of said sh�res by ��� � . . . -
<br /> paymen�:pay munlhly to s�id:1SSOCI.1'i10.1'uf the wm speciticd in the Bund secured hereby as intercst and principal un said loan.un ur be(ore . . .
<br /> the T���cniictl�d�y U(C;ICVI Aflt�l'\'lR'I11011fI1.11i1[II S911I IUJp IS�IIII\'P81(S.P�V 8II lilSCS BIIlI:ISSI'SSIllrfllSIBVICI�:i_L'81fISI S811I�[Cf771$CS 3fll�UO IIIIS AIO(168�C � .
<br /> and d�e 13onJ secured ihereby,before delinyuencq;(urniit�appro��ed in�umnre upun�hc huildings ihrreun in the sum uC S 30,6��.�� p�5'���"
<br /> io said ASSOCIATIO�:fl'F)8V IU 5;11�ASSOCIATION upon drmand�II muney b�'it p�id f��r such taxes,assessmen�s and lllilll8fll'C WIIVI IfIICfCSL'JI .
<br /> ihc ma�iinum i��gal rate thereuu Irum dute oi payment�II ol�vhich Aturtgaeur hereb}•acroes tu p�y:permit nu waste un said premises;keep and comply . : �
<br /> w N'i�Il eII fI1C�FI2CII1C111580cI CUII(IIIIOf150�lhc Bund for 5 3��6��.���his day given I)V llll'Slld�IUII�'e�'Uf l0 1JIl�ASSOCIATIOti,�nd wmply : � . � .
<br /> with all Ihe�eyuiremems uf the Cunslitutiun and Hy-Lau's of s�id A550(.'IA170V:then[hcse pre�ants shall becume null and�vid,otherwise they
<br /> shall remain in lull(nrce and m�y be Iurcclused at the uption of the said ASSOC(ATIO\ �iter ('silure fut thrce momhs to make any of said
<br /> paymenls or he three nwnlhs in ane�is in making s:iid tnun(hiq paymenls.ur tu keep and cumpla with the agreemen[s and cunditiuns ut said Dund;
<br /> and\lortgagur agrecs lo liave a reccivcr appuinted ibrdt«'ith in such(ureclusure proceedings. � .
<br /> -� If there is any changz in ua�ncrship of Uie rcal cstatc mortgagcd hcrcin,by sale ur othcrwiu,then the entire rcmaining indebtedness Imreby .
<br /> xcu�ed shall,m the optiun uf 7he t'quit�ble Building and Lu�n Association of Crand Island,Neb�azka,become immediately due and payable without
<br /> I'urther notice.and tlie amuunt rem�ining due under said bund,and any uthe�bond for any additiunal adcunces made thereundzr,shall,from the -
<br /> dale of exrrcise o(said uption,baar inte�est a�the m�zimum Icgal rate,and this mmtEage may then ba iureclused to satis(y the amount due on said �
<br /> bond,and any other bund Cur additiun�l advances,tugether u�ith all sums paid by s�id The liyuit�bl�Building and Loan Associ�lion of Grand Island,
<br /> !�ebraska For insurance,taxes and a�scssments,and abstracting extensiun charces,��'i�h interest thereun, irom date ol payment at the maximum
<br /> Icgalrale. � � �
<br /> As providrd in the Bund secured hereby.whilr this nwrtgage remains in ef(ec� the mor�gagee may herealter advance additiunal sums tu the
<br /> m�kers of vid f3ond,their assigns or succrssurs in intercst,which sums shall be within the xcunry uf this mortg�ge the s:ame as the funds ori�in�lly
<br /> ucured thzreby,lhe to�al amuunt uf principal debt nut to exceeJ at any time ihe original amowu ol this mongage.
<br /> ����a,n;s 20th ��v�r August � �>.��76
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<br />� '' aul J. Bartels Dorann L. Bartels
<br /> STA'fG OF NC•�RASKA, s. On ihis 20th day of August 19�6 ,before me,
<br /> COUNTY OF HALL}� � -.t '
<br /> �he undersigned,a Notary Public in and fur said l'ounty,persunall}•came -�-
<br /> � Paul J. Bartels and Dorann L. Bartels each in his and her own right and as spouse Qf each N
<br /> other W�10 are perwnal y known w i
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<br /> me lo be the identical perwr�= �, wbaschyme5 are aCfixcd tu the above instrument as mortgagor S and they sc��erall,v sp
<br /> acknowledged the vid instiutnCn�tob�-�•,��1@�1', voluntary act and deed. �
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<br /> 1VIi'�.�35 m�hand andl�o�1(iat,$til tho datc a(ores�id. -
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<br /> . . � ' - `:otarv Public
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