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<br /> � � 76- 96 �
<br /> � . 0050 ,� n�oa�rcncc
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<br /> TIiIS AfORTGAGE,made this day a! SeptembeT ,1976 ,betw•cen
<br /> �`� � ����ARLIN:�Ds KIEL AND SUSAN K.��KIEL�,� HUSBAND���AND�IYIFE� � � � � � � � �
<br /> .�
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<br /> � ` (hereinnfler called r
<br /> � � "Morlgagor") .and HWiE.'FEDERAL SAVINGS and LOAN ASSOCIATION "of LERINGTON, Nebraskn. ��hereina[ter called � `
<br /> :;% �,rfort�rgcc"b:WITNESSETH: > r .:
<br /> r� .+ ,; ' ,'.. .... ,. �. �.� . � . �� .. � �� � 't
<br /> F THAT MOftTGAGOR,for and in consideration of ; F `,
<br /> t
<br /> ' � THIRTY SIX THoI�&aNn nNn No/inn_____ Douars.ls 36:000.00 �,' i � •', � `
<br /> paid by Mortgagee,thn`rrceipt'.whereof 3s hereby ncknowledged,and as security for tulure advancc�lhal may be made[rom lime to � '
<br /> lime`wilhin"ten p0)ycars trom thc daic firsC ibcYe wrillen, and in sums which, when added lo lhc principal them due,shall not + .`�
<br /> excced u total indebtedness of tem(10) per cenl morn than the original considerltion,has granted,bargained,sold and conveyed,and , (
<br /> by these presenls does qrnnt,bargain, scll and wnvey,unto Alortgagec,thc tollowing described real.properly,to-wit: k
<br /> ;
<br /> �: ' t � E i -,S
<br /> Lot Eleven'(11), Western Heights Subdivision, in Ha1T County, Nebraska, subject to �
<br /> easements and restrictions of record. r s,
<br /> [ =y�:
<br /> ��,
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<br /> ,= i .,,
<br /> toqether with all thc tenemenlsn c�rcditaments and appurtenances to the samc bclonging. and all thc estate, titic, dower, right of i
<br /> „� homeslead,claims and demands w•hatsoevcr of the Afortgaqor in and to said premises or.any parl thcrcoL
<br /> TO HAVE AND TO HOLD the samc unto the mortgagec torevee , E
<br /> ➢iort a r shall a all laxes nnd assessments on the said remises before the becomc delin uenl and shall furnish :�fort a e x•ith 4
<br /> ��.� � � 8� �P Y P Y 9 B Ke �
<br /> { a hazzrd �nsurance policy on the said prcmises acceptable to the Atortgagea [)pon failurc to pap thc said sums or furnish the said-
<br /> �F insurance.as provided in this paragraph,or make repairs on the said premises ns they became necessnry,hiortgagce may pay the said �
<br /> sums,providc said insurance or makc said mpairs and lhc amounts so expended shall bcar intcrest at the rate o[eleven pl) per cent
<br /> '.� from the date ot payment,and thc said sums may be added to the amount o[the mortgagc debt:and the same recovered as a part �
<br /> $ thereoL
<br /> �' Por the purpose of furnishinq further security tor the debt secured hereby,the rlortgagor hereby assigns,transfcrs and sets over lo �
<br /> / � thc hlort�aRce, to be applied Wward lhe payment o[ the note and all athcr sums secured hereb�•, in casc of � defnult in thc � '
<br /> performance of any of thc terms and conditions ot this mortgagc or thc said notc, all the renls. revenues and inrnmc to 6e derived
<br /> from the mortgaged premises during such lime as the mortgage indebtedness shall remain unpaid: and the �lfurtgagee shall have 4
<br /> Y� power to appoint any agent,or agenfs,it may desire for the purpose oI repairing said premises and o[renting thc samc and collecling k
<br /> the rents,revenues and ineomc,and it may pap out of said income all ezpensee o(repairing said p�emises and necessary commissions
<br /> and expenses incurred in renting and managing the same, and of collecting renWls therefrom: the balance remaining, if nnyr to 6e
<br /> applied loward the discharge of said mortgage indebtedness.
<br /> PROVIDED lhat if said hiortqagor shall pay to said Diortgagee the sbove consideration, according to the tenor and eftect of the �
<br /> ,pcom�ssory note, which this mortgage secures, or in aceordance with anp (uture note represenlinq any future advances as may be
<br /> made`as herein provided,then this mortgagc to be�•oid; the provisions o[said note arc by reterenrn made a part hereoL
<br /> ;`� Upon failwe ot the hlortgagor to comply with these procisions, this mortgage may be foreclosed.
<br /> The terms used to designate nny ot the parties herein shall be deemed to include the heirs, representatives, suecessors and assigns
<br /> �,.�-, o!said parties,and the term"lfortqagee"shall also include any lawful owne:,holder or pledgee ot any indebtedne.ss secured hemby. j, ,
<br /> # 7'hc usc of lhe singular number shall be undcrstcrod as denoting the plural and the use ot the plural shall be understood as denoung
<br /> thc singular whcrevcr applicnblc.
<br /> WITNESS the hand and aeal ot 1lortqagor the day and year first ubovc x•ritte �
<br /> bt fhe Presence of.• . �.� n �(/�
<br /> .
<br /> �t LIN D. KIEL �c
<br /> �,� ���/r,r�,i'� `'7 .,���
<br /> .:� _ SUSAN K. KIEL
<br /> � STATE OF NEBRASKA, j SS.
<br /> C011NTY OF�
<br /> 'j Oa.this,�day of SCptCmber ,p,p„ 1976,before me,a Nolary Public in and for said County,personally came
<br /> ;� ARLIN D. KIEL AND S 1S N K KI- (�jj,$BAND AND WIFF.
<br /> � , t
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<br /> � the above named Mortgagors who arc personally known to me to be the identical persons µ�h e names arc a[fized lo the abovr • x -,
<br /> instrument as 1Sortgagors nnd ncknowledged said instrument to be their v luntar�•act a d.,de . 1.°, N�"'F" :
<br />� � J �' ��r ;
<br /> f WITNE ' ' last afaresaid. � ,r Tr r ,:
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<br /> O..P.TFfOREEN •� � . -^v(�� t�,,. �'t„"
<br /> � ' 6ENERAL'HOTARY ' Notary 1'uLlie.� �
<br /> Stab o} Nebrasb -
<br /> Aty rn ,��Q�mmb�lon �(p *
<br /> ! -Nor.-2�2t76�� .�.D.19_
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