|
f
<br />.' ,.. � Y�s�'
<br />�
<br /> � ...� . . . .. , . .. .. . .. � .�a:.�;�1..._ �:.,"'�G:::�:.^'�o�b:Es«.si�i�•es�7 � �
<br /> P
<br /> ` �� �j�,'��3 REAL ESTATE MORTGAGE
<br /> ;
<br /> MICHAEL L. WENZL AND JEAN A. WENZL, husband and wife, each in his and her own right
<br /> and as spouse of the other
<br /> � � �
<br /> of the County of Ha l i and State of ��ebraska tiereinatter called the party of the first PArt,!n
<br /> � , ' �
<br /> ��
<br /> conslderadon of THIRTY THOUSAND AND NO/100 -------------------------------------- noLLARS, r�
<br /> �� !n hand paid, do hereby graat,bazgain,sell and convey unto the Home Federal Savinga&Loen Associatlon of Grend Island,
<br /> ,� �.
<br /> Ha l I ' '
<br /> � ,' Grand Island,Nebraska,and its successars and assigus,the following real estute,situated i� '
<br /> ,;r� �
<br /> County,State of Nebraska towit:
<br /> �
<br /> a
<br /> � ,
<br /> ,.y LOT THIRTEEN (13) LEHEIGHTS FOURTH SUBDIVISION, HALL COUNTY, NEBRASKA •
<br /> i
<br /> ;�� �
<br /> �:`
<br /> r} �
<br /> +_ ,
<br /> 3
<br /> � � � `
<br /> ;} Together with all the appurtenances thereunto belonging, �
<br /> aud nll covenants ln all the title deeds running with sald real estate, �� �
<br /> k � and all the rents,Issues nnd profits arising therefrom aiter default In performance of any covenant or condition herein con-
<br /> ; � tained; and warrants the title thereto perfect and clear except for this modgage. � i
<br /> � Durin�the time this mortgage is in force the mortgagors agree:
<br /> FirsG To pay all taxes and special assessments levied against said premises, including all tnaces and nssessments levied +
<br /> {, upon this mortgage,ar the debt secured by this mortgage. �
<br /> s � Second. To keep all buIldings thereon insured agunst lws by lire,lightaing and tornado in some company,to be ap� � `
<br /> �
<br /> � Insurable Value ��
<br /> proved by the said Home Federal Savings&Loan Association of Grand Island in the sum of$ for �( �
<br /> � the benefit of the said Association,and iks successors or assigns; and to deposit said policies with said Association,and s6all not �q S
<br /> t:$ commit or suffer any waste on said premises, and shall put and keep said real estate buildings and improvements in good �
<br /> �
<br /> , orden r� `
<br /> Third. To pay or cause to be paid to the Home Federal Savings&Loan tLssocintion of Grand Island,its successors or � :
<br /> ` � assigns,the sum of TH I RTY THOUSAND AND NO/I 00 ----------------------------------- DOLLARS, �
<br /> � payable as follows: �
<br /> f' 4 �� t
<br /> � � $30,000.00 DUE OCTOBER I, 1977 � i
<br /> ; � �3
<br /> � �
<br /> � with interest thereon payable,according to the tenor and effect of the one certaln first mortgage note of said mortgagors, ��'� � � ��
<br /> �;1 bearing even date with these presents. After maturity said bond draws interest at the rate of nine per cent per annum. t�S
<br /> �� If saId taxes and nssessments are not paid when due,or if the buildings on said premises arc not insumd as above pro-
<br /> � vided,or if any of said interest is not paid wben due,then said whole debt shall become due immediately,at the option ot the '`� �
<br /> said AssociaHon,and shall thereafter draw interest at the rate of nine per cent per annum. �'
<br /> }': The mortgagors hereby assign— to said mortgagee all rents and income arising at any and all times from said k�
<br /> tF property and hereby aui6orize said mortgagee or its agent,at its option, upon default, ta take charge of said property and i; .
<br /> collect all rents and income therefrom and apply the same to the payment of interest, principal, insurance premiums,taxes, a .
<br /> � assessments, repairs or improvements necessan� to keep said property in tenantable condition, or to other chazges or pay- � � �.
<br /> ments provided far herein or in thc note hereby secured.Thls rent assignment shall continue in force untll the unpald bal S: .
<br /> � ance of said note is fully paid. The taking of possession hereunder shall in no manner prevent or retard said mortgagee m �
<br /> f; the collection of said sums by foreclosure or othenvise. �+
<br /> �Vhether said debt becomes due b}•lapse of time, or by reason ot the failure of thc party ot the tirst part to comply �¢
<br /> t� wit6 any condition herein,the said Home Fedcral Savings& Loan Assacialion of Grand Island, the successors and assigas '
<br /> � shall have the right to begin the foreclosure of this mortgage at once on the whole debl hcreby secured, and to include G' .
<br /> f; therein all taxes, assessments, insurance premiums and costs,paid by it or them: or said Association, its successors or
<br /> ij nssiga5, may foreclose only as to the sum past due, without injury to this mortbage, cr lhe displacement or impairment � ;
<br /> ,��� of the lien fhercof. t�
<br /> , And thc said ffrst pady and tl�e makers of said nole,especially agrce and declare that the separate estatc ot cach and
<br /> !l every one of them, including both that now owned and that hercaiter acquired, is pledged and bound Eor the payment of �
<br /> � the debt hemby secuted. ��
<br /> � After the commencement ot uny suit in foredosure the plaintiff therein s6all bc entitled to the Immediate possession of g�
<br /> j said premises and the appointment of a recelver thcrefor, notwithstanding thcy may be the homestead ot the occupant and !�
<br /> � notwithstanding thc parties liable for the de6t may 6e solvent,and the first party bereby consents to the appointment of a f�
<br /> � Receiver upon the production of this iadeuture, without other evidence. �4 .i,^ r �
<br /> The fotegoing conditioas und agmementa, all nnd stngulnr,Ucing fully performed,this conveyance s6all be void,other- � '
<br /> � wise to be and mmain ln full force and effect. N � '
<br /> � �� � a .
<br /> Signed this 16th �Y o�September a D., 19�� � ::
<br /> � �f�c./ ���J�(,•.�.c'r�.i'..i � - ��w, �i..�.
<br /> i In presence of rt � '
<br /> 1 P i�hae .��enz '1L_
<br /> � f:„ ;c�. r'� .
<br /> � ,�an . venz � ' �
<br /> r.s �� f
<br />� ��' tiw"'7i I.^'..,.iNN�*iu:eYEiG�?.::ciww�u"^",iKiG9D��.�!�"'"�f3'Rlf�l�°m—,—..^. �-��o�--"'" _"'y�;^$::;�U.�.�O�,�....;�:On'�,^�t
<br /> s �� �
<br />
|