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<br />� 76- 0061'76
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<br /> AfORTGAGI:LOAN�0.� 22�389
<br /> iKNOW ALL�IGNI3Y7'HESGPRGSHNTS:That Richard L Geist and Barbara D. Geist, each in his and her
<br /> own 1'1 ght dltd ds SpOUse of eaeh other, htort;agor,whether one or more,in con:ideration of the sum of
<br /> ' ' Fortv Thousand and No/100 - ---------------------------------------------------- �ouncts
<br /> loaned to said mortgagar by The Gquitahie Huilding and Loan Aswciation of Crand Island,Nebraska,Afortgagee,upon 400 shares of srock o[
<br /> said ASSOCIATION,CertiGcate No.L 22 389 ,du hereby grant,com•ey and mortgage unto the said ASSOCIATION the(ollowing
<br /> dcscribeJ real es�ate,situated in tlall County,t�ebraska:
<br /> LOT TNIRTY NINE (39) WESTERN HEIGNTS THIRD
<br /> SUBDIVISION IN NE;SW; OF SECTION ELEVEN (11)
<br /> TOWNSNIP ELEVEN (11) NORTH, RANGE TEN (10)
<br /> 4lEST OF THE 6TN P.M., HALL COUNTY, NEBRASKA.
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<br /> 4:. . logelher with all the tenements,hereditaments and�ppurtenances d�ereunto belonging,including attached(loor coverings,all window scrcens, � � �
<br /> winJow shades,blinds,storm windows,awnin@s,hea�ing,xir conditioning,and plumbing and wnler equipment and accessuries thereto,pumps,stoves,
<br /> . ce(cigeraturs,and uther fixtu�es and equipment now ur heresfter attaclted to or used in cmmrclion with s�id real estate.
<br /> �; And whereas the s�iJ moctg�gor has ag�eed and does here6y agrec tliat�he mu�tgagur shall and will pay all taxes and assessments(evieJ ot
<br /> T � assessed upon said premises and upon this murtgage and the bond sacumd thtreby be(ore the same shall become delinyuent;to fumish approved
<br /> insurance upon the buildings on saiJ premius situated in the sum ol'S 4O OOp Q�Q P�>'ablr to s�id ASSOCIATION and to deliver ro said
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<br /> ASSOCIATION the policies Cor said insurance;and nut to commit or pe�mit3any v5s on or about said premises; . .
<br /> In case o(de(ault in the performance ui any uf Il�e terms and condi[ions oC Qiis morteage ur tl�e bund secured hereby,the mortgagee shall,
<br /> on demand,be entiiled�o immediate possession of lhe mo�tgaged premiscs and the mortgagur hereby assigns, trsn:fers and sets over to the �
<br /> mortgagee all the rents,rcvenues and income to be derived Crom thc murtgaged pcemises during such time xs the mortgage inde6tedness shall remain
<br /> , unpaiJ;and thc murtgagee shall have the puwer to appoint any aeent or agents it may desire for the purpose of repairing said premises and rcnting .
<br /> the sama and collecting the rents,revenues and income,and it may pay out oC>aid incane sll e?epenses of repairing said premises and necesury
<br /> . cummissions and expenses incurced in rentinR and managing�he same and of collecting remals thereCrom;the balance remxining,iI any,to be �
<br /> A� applied toward the dischargc of said murtgage indebleJness;these rights uf Ihe mortgagee may be exercised at any time during the existence of such
<br /> k� default,icresprctive u(any tempurary waiver o(the same. � �
<br /> , These Presents,huu•ever,are upon the Cundition,That if thc said Dturtgagor shall rep�y s�id loan on or bztore die maturiry ot said shares by -
<br /> paymrnr,pay mon�hly to said ASSOCIATION of tl�e�um specified in the Bond secured hereby as interest and principxl on said loan,on or befoce
<br /> � ihe Twentiedi da}•uf eacti and everv month,until s�id lu�n is fully paid;p�y�II laxes and assessmrnts Itvied xgainst suid premises and on this I�tortgage
<br /> F� anJ the 8ond sewred therehy,belore delinquency:(urnish approved insur�nce upun the buildings iherean in the sum u(S QO����.�� p�}'sbla . �
<br /> to said ASSOCIATIO\:rtpay to said ASSOCIATIOV upon dem:+nd all muncy by it paid fb�such tases,assessments and insurance with interest at
<br /> �i- . the maximum legal rale thereun from date o(paymenl all of which Atortgagor hereby agrees to pay;permit no w�sre on ssid premises;keep anJ comply �
<br /> , with all the agceemems and cunditions of the Uund fur S 4(� ��(� �p lhis day @iven by the said\fortgagor tu said ASSOCIATION,and eomply
<br /> ` wi�h all the requirements of the Constitution and ByLaws ofs�ei A3$OCIATION;then these prasants shall become null�nd eoid,otherwise they
<br /> i shall retnain in fall fmce and may be(orecloud xt�he uptiun of the said ASSOCG�TIU\ after failure lur three months to mal:e any of said
<br /> _ payments or be three months in arrears in making said monthl}'payments,o�tu keep and cumply a'ith the agrcements and conditions of said Bond;
<br /> - and�iorlgagor a6rees�u 6ave a�eceiver appointed furihwith in euch(oreclusure proceedings.
<br /> � If there is any change in ownership of the t al estate morlgagcd hemin,by s:ile ur ulhcrwise,then the entire remaining indebtedness hereby
<br /> �+ � secured sl»II,at the uption of The Equitable 6uilding and Loan Association of Grend Island,Nebraska,brcome immedi�tely due and payable without
<br /> � further notitt,and the amuunt remaining duz under said 6und,and any uther bund fur any additional ad�ances maSe thereunder,shall,(rom the
<br /> � date of exerciu of said option,bcar inicrest vt d�e maximum legal rate,and lhis mortgxge may then be foreclosad to sstisfy Ihe amount due on said
<br /> � bond,and any olher bond(or additionxl advances,together with all sums paid by said The Byuita6le Building and Loan Association ot Grand(sland,
<br /> Nebraska fnr insurance,taxes and assessments,anS abstracting eztrnsion diarges,with interest Ihereon,from date oC payment at the maximum
<br /> - legalrale.
<br /> ' As provided in the Bund stcured hcre6y,H�hile dus mor�gage remains in effec[the morlgagee may he�eaftar ad�ence additional sums tu the
<br /> �� makers oC said IIond,their assigns or successors in interest,which sums shall be within the securiry ut this mortgage the same as the funds originxlly
<br /> secured thereby,t6c totel amount uf principal dcht not lo cxcecd at any time tlu original amounc of this mortgage. .
<br /> ' n ca�� 26th, ����r October �.° �`'.76 �
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<br /> 'chard L Geist / � 6ar ara D. Geist
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<br /> STATE 0��EBRASKA.1 ss. On this Z6th day of October 19�6 ,be(ore me,
<br /> COUNTY OP HALL� ��
<br /> � . thc undersigned,a Notery PubGc in and(ur said County,personatly wme _
<br /> Richard L Geist and Barbara D. Geist, each in his and her own rigt�#,o are Pe'S""'nyk°°,°"`° `�' >`'.
<br /> I and se of each other • � ;
<br /> L mc tc � ,c' ecson 5 whou name s are a(fixed ro the abo��e instmment as mortgagor S and they sevcrally
<br /> 'ealea�r��e s u��,� trument to be thei r vuluntary act and deed. �
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<br /> ��.,:t:{c i�,�47�, • my hand and Notari�l Saal the date aforesaid. ,� �
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<br /> �i � r'(�r -tv h1y�om iission expires � �� /9�O /,//�� �/�(�v���—�' . .
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<br /> �.. T7T \otary Public
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