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<br /> MORTGAGG
<br /> MORTCAG6 LOAN N0. L ZZ.345
<br /> KNOWALLMENBYTHF.SEPRGSENTS:That CI10S. CI1P1Stef158t1 and Edith E. Christensen, each lfl f11S
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<br /> ; and her own right and as spouse of each other,
<br /> '. ________Mortgagor_whether one or more,in considerati_n ot the sum of
<br /> { Three Thousand Two Hundred dfld NO��OO------- —DOLLARS
<br /> loaned to said mortgagor by The Equitable Baildin and Luan Association of Grand Island,Nebraska,Afurtgagee,upon 32 sharcs of stock of
<br /> said ASSOCIATION,Certificate No.L 22+3�45 ,Jo hereby grant,convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in liall County,Ne6raska:
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<br /> LOT TWO (2), IN BLOCY. ONE HUNDRED FORTY-SEVEN
<br /> (147), IN UNION PACIFIC RAILWAY COMP.ANY'S SECOND
<br /> AODITION TO TNE CITY OF 6RAND ISLAND, NEBRASKA.
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<br /> � together with all the tenements,hereditaments and appurtenances thereuntu 6elonging,including at[ached tloor coverings,ull window screens, � � �
<br /> � winJow shades,blinds,slurm windoH�s,awnings,heating,air conditioning,and plumbing and water equipmen[and accessories thereto,pumps,stoves, . . . �
<br /> reGigarators,and other fixtures and equipment now or here�fter altached to or used in com�ection with said real estate. . � . �
<br /> And whereas the s:iid mortgagor has agrecS and does hereby agree that the mortgagor shell and will pay all taxes and assesunents leuied or
<br /> assessed upon said premixs and upon this mortgage and the hond secured thereby before the same shall become delinquent;to tumish approved
<br /> insurance upon the buildings un s�id premises situa�ed in the swn of S 3�ZQQ.QQ payable to said ASSOCIATION and to deliver to said
<br /> �, �� ASSOCIATION the policics For said insurance;xnd not tu commit or perm�[any waste un or aSout said premises;
<br /> In case ot de(aolt in�he performance oC any of the terms and condiliuns of tftis murtgaga or tt�e bond secured Itereby,Ihe mortgagee shall, ' �
<br /> un demand,be entiqed to immediate pusscssion of the mongaged premises and the mortgagor hereby assigns, trunsCzrs and se[s over to tht � � � ��
<br /> mortgagee all dir rents,revenues end income to be derived Gom the rnortgaged premises during such time as the murtgage indebtedness shall remain � � �
<br /> �� � � unpaid;and the mortgagec shall huve ihe power tu appuint any agent ur agents it may dceire(ur ll�e purpose of repairing said promises and renting � � . .
<br /> £(�. d�e same and cullecting the rents,revenues and incmne,and it may pay out of said incume all expenses of repairing said premises and necessary . � � ..
<br /> commissions and expenses incurred in renting and managing dre same and of collecting rentals d�ercfrom;the balance remaining,if any,ro be � �� �� � - .
<br />� �� � epplied toward du disdiarge of said mongage indebtedneu;these rights of the mortgagee may be exercised at any time during the existence of such � � . �
<br /> default,irrespective o(any tcmporary waiver of the same.
<br /> r � These Presents,howevec,arc upon the Condition,That if the said Afongagor shall repay said loan on or before the maturity of said shams by .
<br /> ',����� psyment:pay muntldy to saiJ ASSOCIATION oC the sum specified in d�e{3ond secured hereby as intera[and principal on said loan,on or before �. � . .
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<br /> the Twentieth day o(each and every moNh,until said loan is(ully paid:pay all taaes xnd assessments levied agxinst said pcemises and on this�tortgage . � �. �
<br /> , and tlie Band secured thereby,beforc delinquency;fumish approved insurance upon the buildings thereun in the sum oC 5 3�200.Q� Payable . . . �
<br /> to said ASSOC1AT10'd:repay to said ASSOCIATIO�upon demand all muney by it paid for such taxes,assessments and insurance w�th interest at - , .
<br /> n� the maximum legat rate thereon Gmn dale of payment all oCwhich�tortgagor heceby agrees to pay;permit nu waste on said premises;keep and comply . , �
<br /> ;: with all the agrcements anJ conditiu�u of the Ucrd Ccr S 3��Q� �a this da�bi�:r by ihe said`torigagar to>aid ASSOCI�+T[C,ti,and comply
<br /> f� � with all the requirements of the Constitution and DyLaws o(said ASSOCIATION;then these pcesents shall become null and void,otherwise they .
<br /> shall remain in full force anJ may be foredoseJ at the option of the said ASSOCIATION attee failure for three months to make any of said
<br /> % pnyments or be three monihs in arrears in making said monthly payments,ur tu keep and comply with the agreements and cunditions of said 8ond;
<br /> S and Diortzagur agrees to have a receiver appointed(orthwith in such foreclosure proceedings.
<br /> ?�� �. ' If diece is any ch�nge in uwne�ship of the rca!estate murtgagcd hercin,6y sale or othenvise,[hen the entire remaining indebtedness hereby .
<br /> uwreS shall,at thc option uf The Equitable Duilding and Luan Association o(Crand Island,Ncbraska,become immediacely due and payable withuut
<br /> �,. � . further nutice,und the amuunt remaining due under seid bund,and any other bond(or any additional advances made thereunder,shall,(rom the .
<br /> : date o(exercise of said option,bexr interest at the maximum legal rate,and this mu[tgage may then be fureclosed[o satisCy the amount due on said
<br /> bond,and any other bund for additional advances,together with all sums paid by said 7he Hquitable Building and Loan Association of Grand lsland,
<br /> � Nebraskx fur insurance,taxes and assessments,and abstracting ex[ension charges,with interest thereon,(rom date uf psyment at the maximum
<br /> legalrate.
<br /> :i � , � � As provided in the Bond secured liereby,while this murtgage remaiss in e(fect the mortgagee may heres(ter advance additional sums to[he
<br /> ' mukers of said Uond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the Cunds originally
<br /> sccured thereby,the totul amounl o(principal debt nut to excecd at any time thc ori�inal amounl oC this mortgage.
<br /> Dated this 2pnd��,�——�—a—Y�� September ^•°•���76
<br /> � E�/vY�.��f t-t�1 t�t � ��t��,��,�,1�._�(f,14,.�e�,i
<br /> Chas. Christensen Edith E. Christensen
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<br /> S'fA'fEOFNEURASKA.�ss. Onthis 22nd dayot September 19 �6b:forome,
<br /> COUNTYOFHALL .�;,� i.r;
<br /> the undertigned,a Notary Public in and for said County,perwnally came ' '''
<br /> ' Chas. Christensen and Edith E. Christensen, each in his and her own right and as spouse of N
<br /> who perwnally known to >
<br /> L each�.p.�hex;,, are . tt
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<br /> . �to�lbitM•ide tipl�person5 e'hose name s are a(fixed to lhe above instrument as mortgagor S and theY uverally � .
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<br />•.. ''ackqowiCdged�he.s�t ilistrument lo be thei r voluntury act and deed. � �
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<br />"� '141TNC$S my hand and Notarial Seal the dvte a(oresaid.
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<br />'- � � ;�1t�Cortin�ission expires��.,, �' ��. � � �� _ .
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<br />�� 5 `' � !� Notary Yublic
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