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<br /> n�oiz�rcnGI:1.0ANN0. LZZ,314 �
<br /> ' � KNOWALLML•NfiY7HGSEPRI'sSENTS:7'hat Duane A. Obermier and Bonnie L. Obermier, each in his
<br /> and her own right and as spouse of each other,
<br /> � Mortgagor,whethcr onc or more,in consideration of the sum of
<br /> -; Twenty-three Thousand Five Hundred and No/100------------------------------------- ����a�
<br /> � loaned lo said murigagor by Thc fquitablc fiuilding and Luan Associatiun of Grand Island,Nebraska,htortgagee,upon 235 shares o(:tock oC
<br /> '` , said ASSOCIATION,CertiGcate No.L 22e313 ,do hercby grant,convey and modgage unto ttie said ASSOCIATION the following
<br /> de:cribcd real estate,situatcd in Ilall County,Nebraska:
<br /> LOT SEVEN (7) IN BLOCK ONE HUNDRED ONE (101) OF
<br /> RAILROAD ADDITION TO GRAND ISLAND AND KOENIG &
<br /> WIEBE'S ADDITION TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
<br /> .,
<br /> �'i . tugether with all the tenemenis.hereditaments anJ appunen�nces thereunto brlunging.including attached flour curerings,all winduw screens, .
<br /> �rindu«�shades,blinds,sturm���ind�,���s.awnings,hea�mc,aii couditionine.and plwnbing and�cater equipment and aaeswries thereto,pumps,stoves.
<br /> . re(riger�iors,and uther fixtun�s anS eyuipntenl notc or here�tter atta�hed w or used in cunnectiun�viih seid real estatt.
<br /> � And H�hereas�he s�id mongagur hus�grezd and dues hcreby acree ihat the mon�agor shall and will pay ull tases�nd assessments Ievied or
<br /> � asxssed upun said prcmises anJ up�m this mortgag�and ih��bond mcured[hcrcbv bel'ure the same sh�ll brcome delinyuent;tu(urnish approued
<br /> � iusurance upun the buildmgs on said premiscs situaied in the swn uf S 23,5��.�� p�y�ble w said :1SS0('IATION and to deliver ro said
<br /> � ASSOCIA7'IOV the polieics li�r said insur�nce:wtd not lo commit or perinit any«�aste on ur ubuut said premises:
<br /> � IO CBSC UI tIC�e11I1 111(Ill'prr(onnanc�ot any ui the ternu�nd cunditiuns of this muneage ur the bund secured herebc,the mortgagee�t�all,
<br /> ; un demand.be cnti�lcd tu inuneJiatr pusscs�ion u(ihe moncaecd premiscs and the mun�aEor hareb�� assign�, transfca and sets over w tha
<br /> ❑7Ufi68�'CC 8II llll'rents,recrnues and income iu be dcrived Irmn ehc munc�ged premises during sudi time as the mortcage indebtedness shall remain
<br /> � unpaid:�nd thc nwrig�gee shall hase the pmcer tu appuim am��gent ur agents it I71�V tICSIfC fur the purpose o(repairing said pcemises and rentinc
<br /> tlie umr and collerting the rents,rrvenucs and incumr,anJ i�may p�y uut uf s�id incume �ll expenses oi repairing said prcmises and nacessary
<br /> cummissiuns and expens:s mcurr,d in reming and m�naging th�same�nd of cullectin�; reni�Is the�elrom: the balance rem�ining,i(any,to be
<br /> applied tuw;ud the discharce ol�aid m�r�g�ec indebtedness:[hesr rights uf the mong�gee may br esercisad at�np time during the existence of such
<br /> � dcfuult,ir�espective of any�empomn•w�fcer ol the sume.
<br /> Tlie�c Presents,hu�cevcr,aic upon the Cundi�iun.-(I�;�t i(the s�id lfurtg�eur shall rap:iy said loan on ur Ueto�e Ihe ma[urity of said sh�res by
<br /> _ payment:pay ntnnthly to said A.ISOCIA'f10\u(ihe.,un:�pccificd in�hc liond xcured hereby a�imerest and princip�l on said loan,un ur 6elbre
<br /> d�t T�eeuGeUi day uf each anS tYCfV IIlU11II1.1t11f1I S:IIII IU81115 I IIIIY�:IIfI:�0l'JII�:IXI'S JII(I;IiSCS}illl'pI$ItP12lI:1�911751 S31(��1[CII71SC5 dIl(I UII IIUS�IUfI�]�'2
<br /> and U�t Bond secwtd�herehy,brliud dclinyucncy:fumish appru��ed insurmi�c upnn the buildings di:reon in[he sum of� 23�500.00 P�yable
<br /> to s�id ASSOCLITIOX�.�ep�}��o said,1SSUC'I;\TIO\up„n dcm:�nd all muney hy n paid iur su�h taxes.assessments and insur�nce with interest at
<br /> thc mazimum leg�l rate�hrrcun iiuin d:itc ul pagnicnt all ol whidi Vorleaeur he�e6}•�,:rces iu p�r:pzrmit no w�yte on said premises:keep and comply.
<br /> ���iih all the aerecmenis:ind cundiuora u(the linnd ior S 23�5��.�D�his day gi�'en Uc the said\lurtg�gur to uid ASSOCIATIO\,snd comply
<br /> wiih:ill�he rcyuiremems u(thr Cuns�iitniuu and Bp�La«�s o(s�id:1SSOCIATION:thcn tl�esc presen�s sh�ll beromm �ull and coid,uthe�wise Uiey,
<br /> shall rcmain m full lurce�nd m�y be fo�ecluseJ ai�he upGun uf ihe ssid ,ASSOCIATIO\ after f�ilu�e (o� th�ee months to nwke anv of said
<br /> pa}�mrnts ur be�hrre munths in�rrrars m m:�kire s�iJ tnunthly p�}��nents.ur tu k��ep an�comph�«�ith the aerecments and condi[iuns ol ssid Dund:
<br /> �nJ\1une�eor agrces to have:�reai�ei:ippuinteJ iurth�ciili in wch(urtclusure p�uceedings.
<br /> . If ihcre iti�nv ch�nge m ua�ucuhip uf the rc:d cs�a�e nturteaged herein,b�� s�le oi whenvise,then thc entire temaining inde6tedness hereby
<br /> .acu�rd shall,at ihe uptiun�d"fha Equit�ble[iuilJiuc and Loan As>ucia�iun ui i;�and Island,\eb��ska.become immedi�tely duc and psy�ble wiihuut
<br /> funlic� nmice,and�he amuum rcmaininc�duc undrr s�id bund,and any�uther bund li�r any�JJitiunal advances made thercundcr.shall,(rom thc
<br /> d�tc ul exe«isc UI SJIII O�IIt111.I)�8f II1fCIC5I:ff f�lf(Il]SIfIIUfIl IB�;9I I�II'.�fl(I�IIIS Illi)fIC➢,L'C I71:1\'flll'll�C foreelosed to satisf�-the amuunt duc on said �.
<br /> bund.�nd aup uther 6ond fur addition�l adv�nces,tneeilitr�5�ith�II sums p�id b�•s:iiJ l�he P.yuitable Uuilding�nd Luan Aswci�tiun of Grsnd Island,
<br /> \ebr,�ska(or insurauee,t�ses and azsessmems,and abstrac�inc tstensiun cha��es. �eitlt interes[ ihereun. (rom date u�paymcnt at the mx�imum
<br /> �t'4':1�I:IIC.
<br /> i�)�)[t)Vll���III l�ll'ISt1111I Sl`l'lll�'lI Ilt`ft'I)\'.lt'I11I1`llll�II1t1flFJ�,I'fi'lIl:11fS IIl i'��i'L'1 I�l�I11llIlC:ILtC 1[I�\'IICIt'��12f,1(I5'BfILI`�lI(I1(10118I SUI17S lU Iht
<br /> fil:f�:l'ff tl�S;11tI IS��I1fI,fllClf:ISSI�;fl1 UI Sll�l�'1tii)I1 Ifl llilt'fl'S1.\l'IIIIII SI1fI15 fIllll I]C t�'ll�llil 1�1C Si'�'11f1(�'()�l�llf IPl)!l�':I�C I�1C S�IPI'i15[IIC�l1fld5 Uf1�lI1:lIIY
<br /> Si'lllf ,fI1CfL'by.Illl'lUl'JI:illtt�llfll l)��lllll 1'1;II(�t'I)!fl�)I IU CAl'Cl'tI!!:111�'llfile fIl('(1II�:III�I:IIIlU11f1I OI II11S I11UIfGJ62.
<br /> n����d u,�s 28th t, pr August ,�.n..i�, 76
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<br />'�' Duane A. Obermier annie L Obermier
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<br />� STAT[OF'�EE3RASICA,l ss. On this day uf
<br /> �'' CGi!VTl'OPIL\LLj 28th August �`> 7( ,befureme,
<br />� the un�ers'ipned,a Nutury Public in and for said County,persunally came �
<br /> Duane A. Obermier and Bonnte L, Oberrm er, each in his and her own ri ht and s "1
<br />�� of each other, `� `P�1O 9are p�rso��eR9�it�u�'intu �
<br /> �, r �. a
<br />'�?e �, mc to bc thc idrntical persun 5 ���ho�elUipe S;, dY��.iftixed to thc aburr instnimcnt as morteaeor S and tfl2,Y sever�lly � ��
<br />�f ,,ther '� � .
<br />�r��.� ackno�.vledged�hr said instrument to bc ,.,,,, , r`-Jc{ilqlair.nct and deed. �
<br />�;:� N'I71PS5 my hend antJ;Vat i�al Sr.J ttw date af<irc�aid. � ' . tt�
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