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<br /> 76- (�05294
<br /> ntoercnce
<br /> nioRTcncc�onN No. L 22.337
<br /> icriowaLLMeN�vTf�EscPReseNrs:Tna� Curtis fJ. Christensen and Linda M. Christensen, each in his �
<br /> and her own right and as spouse of each other> Mortgagor,whetheraneormoro,inwnside�ationofthesumof
<br /> � Twelve Tfiousand Four Hundred FiftY and No/100--------------------------------------DOL[.nRs
<br /> 'r loaned to said mortgagor by The Equitable Building and Luan Association of Crand Island,Nebraska,Mortgngee,upon 124 shares of swck of
<br /> a
<br /> said ASSOCIATION,Certificate No.L 22,337 ,do hereby grant,wnvey and mortgage unto the said ASSOCIATfON the following
<br /> described[eal estate,situated in Hall Coun:y,Nebraska:
<br /> :;i _
<br /> ;`a
<br /> FRACTIONAL LOT TEN (10) OF CEDAR PARK ADDITION TO '
<br /> „a
<br /> THE CITY OF GRAND ISLAN�, NALL COUNTY, NEBRASKA.
<br /> Fi
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<br /> ;'.;-,� � � � . .
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<br /> n � �ogether with all the tenements,hereditaments and appurtenances the�eunlu 6rlonging,including xttached tloor cuverings,al!window screens,
<br /> window shades,6linds,storm windows,awnings,henting,air conJitiuning,and ptumbing and waterequipment and accessuries thereto,pumps,stoves,
<br /> ' refrigerators,and other fixtures and equipment now ur hereafter attaclied to or used in connectiou wid�said reai estate.
<br /> - And whereas dic said mortgagor has agreed and Joes hereby agrec that the mortgagur shall and will pay all taxe:and assessments levied or. � � � .
<br /> assessed upon said premises anJ upon lhis mortgage anJ the bond secured thereby bef'ore the same shall become detinquent to fumish approved � � �
<br /> insu�ance upon thc buildings on said premises situated in the sum uC5 12,450.00 payable to said ASSOCIATION and ro deliver to said . �.
<br /> - ASSOCIATION tl�e policies for said insurance;and not to commit or permit�ny waste on or about said premises; � � . : .
<br /> � S In case of de(ault in d�e performance of any oC the terms anJ condi�ions of this morlgage or tLe bund secured hereby,the mortgagce shall,
<br /> on demand,bc enlidcd to immediatc pussession of tl�e morigaged premises and ihe mortgagor hereby assigns, cransfers and :ets uver to the
<br /> mottgagee all the rents,revenues and income to be derived from lhe mor�gaged premises du�ing such time as the mortgage indebtedness shall remain � - . � . ...
<br /> unpaid;and the mo�igagee shall have thc power to appoint any agent or agents it may desirc for the purpose of repairing said promises and renting. . .
<br /> the same and collecting the cents,rerenues and income,and it may pay out o(snid income all expenses of repairing uid premises und necessary
<br /> commissiuns and expenses incur[ed in ienting and managing d�e same and of collecting rcmals therefrom;the balance remsining,if any,to be � .
<br /> applied toward ihe dischnrge o(said mortgage indebtedness;these riylris of the mortgagee msy be exerciseJ at any time during the exis[ence of such
<br /> de(ault,irrespcctive uf any tempurxry wairer of�he same. ; � � �
<br /> Thex Presents,how•ever,are upon the Conditiun,That if the s;iid htor[gagor shall rep�y said luan nn or beFore the maturiry o(s�id shares by � . .
<br /> �+�; payment;p�y monthly m said ASSOCIATION of Ou sum specilied in tl�e Uond secured hrreby ns interest and principal on said loan,on or befom � .
<br /> - the Twentiettiday of each and every month,until said loan is(ully paid:pay all taxes anJ assessments levied•against said premises and on tius Afortgage . ��
<br /> and the I3unJ secureS thercby,before delinyuency;turnish approved insurance upon the buildings thereon in the sum of S IZ,450.00 payable
<br /> to said ASSOCIATION;repay to s�id ASSOCIATION upon demsnd all money by it paiJ for:uch taxes,assessments and insurance with interest at _ � .
<br /> the maximum Irgal rate thereon trom date ot payment all uf which�tortgagor here6y agrees to pay;permit nu waste on said premisrs;keep and cumply � . � � � �
<br /> with all the agreements and conditions of the BunS for S 12,450.�� this day given by the said�tortgagor tu said ASSOCIATIOV,nnd comply
<br /> wi�h all the�equiremrnts of the Constitution and 8yLaws of said ASSOCIATION;then these prescnts shall become null and vuid,othenvise they
<br /> shall remain in full force and may be fureclosed at the option of the said ASSOCIATION after lailu¢ Cor three months to mxke any oC said
<br /> payments or be�Iiree months in arreaa in making said monihly paymcnls,or to keep and cumpi,v with Qie agrcements xnd ronditions of said Uond; . �
<br /> and hlongagor agrees lo hevr a receiver uppointed(urthwith in sudi fareclusure proceedings.
<br /> � � I(there is any change in ownership o(the�eal estale mortgaged herein,bq s��e ur othecwise,then the entirc remaining indebtedness hereby
<br /> : secured shall,a�the optiun of The Equitable Building and Loan Association of G�and Island,Ne6raska,become immediately Jue and payable without
<br /> further notice,and the amount remaining due undcr wid bond,and any oiher bond(or any additional advance:mxda thereunder,shall,[rum the
<br /> date of exerci�e o(said option,bear incercst at�he maximum le�l rate,and this murtgagc may then be(omclosed to satisfy the amount duc on said
<br /> bond,and any u�her bond for additional advances,together with all sums paid by said The Equitable Duilding and Loan Association oCGrand lslznd,
<br /> Nebrasku(or itisurance,taxes and asussmcnts,anJ abstracting extension cha�ges,widi incerest themon, Bom date uf payment at the max�mum
<br /> legal ratc.
<br /> As provided in the Uond secured hercby,while this mortgege remxins in e(fect the mortgagee may hereaCur adrencx additional sums to the
<br /> makers u(said Uond,their anigns m succcssors in interest,which sums shall be within Ihe xcurity uf this mortgage the snme as tne(unds originally
<br /> secured Ihere6y,the total amount of principal de6t not to exceed at any time the mi�inal amuunt of this mortgage.
<br /> - U]lC�1f115 �5th �:1 Uj � �)..1)
<br /> /"� �, v September 76
<br /> C �- �L ' '� -: -�Ji~�'�---- ��v��n_�'('�. \�T,.n 9M��M .
<br /> ur is . '` ensen Linda t4. C�ristensen
<br /> STATEOFNEDRASKA.i 15th Se tember 76
<br /> ss. On this day of P 19 ,before me,
<br /> COUNTY OF HALL J _,,
<br /> the unJer ignFd, Nota P b'c in and(or said o nt p'�sonall came �
<br /> Curtis N. Christensen and Linda M. Christensen, eac�i in �is `�n��er own rig�h� �and as �pouse . ' `
<br /> ��n�are personnlly known to N "
<br /> of each other, �
<br /> me lo be the idrntical ptraon5 «�Iwse name s are atfixed lo the above instrument as mortgagor S and they severally I �.
<br /> B their voluntar � �''
<br /> acknowled ed the said instrumrnt to be y act and deed. t�
<br /> R7TNGSS my hxnd and Notarial Seal tht date afuresaid. � � '
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<br /> �crsFB f 101ANWYS A�!IPf�u�o� xpircs
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