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<br /> ,,,„� AIORTGAGii LOAN N0. � 22405
<br /> ` I:NONALLAILNDYTNBSEPRESGNTS:That Brian L. Bunde and Karen J. Bunde each in his and her own
<br /> �'� right and as spouse of each other
<br /> '�{, �lortgagor,whether one or more,in consideration of the sum of
<br /> - Twenty-nine Thousand d�(I NO/IOO---------------------------------------------------DOLLARS '
<br /> q j� loaned to said mor[gagor by The L'quitable Building and Luan Associalion of Crand Island,Nebra:ka,Mortgagee,upon 2 JQ sl�ares of'srock of
<br /> ' said ASSOCIAI'ION,Certificate No.L np� ,Jo liereby grant,convey and mongage unto the said ASSOC(ATfON the tollowing
<br /> descri6ed�rcal estate,siWated in Hall Count�ZReVlaslw:
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<br /> ,� LOT TEN (10, ISLAND ACRES NUMBER 6, A
<br /> � REPLAT OF LOTS NINETEEN (19) AND TWENTY
<br /> (20), ISLAND ACRES, CITY OF GRAND ISLAND,
<br /> j HALL COUNTY, NEBRASKA.
<br /> � �
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<br /> as
<br /> toge�her wi�h all the tenements,h�redi�aments and appunen�nces diereunto 6clungin�,including attached iluur coverings,all window scrcens,
<br /> window shades,blinds,slorm winduws,awnings,heating,air conditioning,and plumbing and taater equipment and accessories therero,pumps,stoves,
<br /> '�� re(rigeraturs,and other 1'ixturcs and equipment now ur hereu(ter attached to or umd im m�nection H�itli said real estate. -
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<br /> -':F And x�hereas the said mortgagor has agreed and ducs here6y agcee that the mong::gor sh�11 and will pay all taxes and assessments levied or �
<br /> assessed upon said premises and upon Ihis mortgage anJ the bond secured therebv 6tfore the s�me sliull bacome delinqu:nt;[o fumish approeod
<br /> :� insurance upun ihe buildings un said premises siwated in ihe sum of S 29,OQ�.�� payable �o said ASSOCIATICN and to deli��er to said
<br /> 'a ASSOCIATION the pulicies for said insurance:and nut tu commit or permit any waste on or�bout s�id premius;
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<br /> '3 In case ul de(ault in�he perfonnance of any uf the terms and condi�ions uC this murtgage ur q�e bond secured hereby,the mortgagee shall, �
<br /> :�E on demand,be entitleJ m immediate pussession of the mortgaged premises and Ihe murtgagor hereby assigns, Iransfers and sets over to the ,
<br /> murtgsgee all thc rents,revenues and incume lu be derited from the mony.aged premises during such time as die mortgage indebtedness shall remxin i
<br /> :.-`Y unpaid;and the mur�gagee shall have the po�rcr tu appoint�ny agrnt ur agents it mav desire(ur the purpose of repairing said premises and ren[ing
<br /> :I the s�me and collectine the rents,revenues and income,and it may pay out oF said inrome all exptnses oi repairing said premises and necessary
<br /> +;i commissions and expenses incurred in«ntine and managine the s�me and o(collzcting rcntais thercfrom;the balance remaining,if any,ro be
<br /> t�.�� applied toward the discharge uf said morteage indebtednets;these rights of lhe mongagee may be esercised at any time during the existence of such .
<br /> default,irrespectiee o(any lempurmy waner of the same.
<br /> ?; Thcae Presenls,ho+vever,are upon ihe Condiiiun,Thst if the said Aturtgagor shall repny s�id loan on or before the mawrity uf said shares 6y .
<br /> `";3 payment;pay monthly io said ASSOCIATIO\u(�he sum speciGed in the Bond secured hereby as interest and princip�l on said luan,on or before � -
<br /> the T�centieth day of eaclt and every munth,until said Iwn is fully paid;pay zll taxes and assessments le�ied against said premises�nd on tliis lforegage �
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<br /> and the I3ond secured thereby,before delinyuency:furoish�pproved insurance upon the buildings theceon in the sum ol 5 29�QQQ.Q� P�Ya61e
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demand ali monry by it paid(or such taxes,assessments and insurance with inlerest at .
<br /> the maximum legal rate d�ereon�rom d;�te oC payment all of which\lortg�gur hrre6y agrees w pay;permi[no waste on said premises:keep and comply .
<br /> ` with all the agreemenis and conditions of the Uond for S 29-�0��.�� Ihis day given by the said Murtgagor to s�id ASSOCIATION,and wmply
<br /> with aIl�hc reyuiremems ol the Constimtion and HyLaws of s�id ASSOCIATION;then these prcsents shall becume null and��oid,utherwise they �
<br /> shall rtmain in full fmce and may be forcclosed at the optiun uf the said ASSOCIATIO\ after failure 1'or three munths to make any oC said
<br /> ' payments or be three months in a�rears in making s�id monthly payments,ur to kcep and comply with the ngreements and conditions oi s:iid UunJ; . - �
<br /> 'i anJ�tortgagor agrees to have a rcceiver appuin�ed lorthwilh in such fureclosurc proceedings.
<br /> (f thcre is any change in ownership o(lhe real estate mortgxged herein,by sale or otherwise,then the entitt�emaining indebtedness hereby � � � �� �
<br /> secured shall,al the option of The Gquitable Building and Loan Associatiun of Grand IslanJ,Nebraska,become immediately due and payable without ' ,� . . � � �
<br /> furthrr notice,and the amuunt remaining due undcr said bond,and any other bond fur any�dditional ad�ances made thcre�nder,shall,Gom the � � � �
<br /> dale o(exercim of s�id option,bear interest at the mnximum le�l rate,and this mungage rruy then be foreclused to satisfy the amount due on s3id � � � . �- �
<br /> bond,and any oiher bond for additional advances,togcther with all sums paid 6y s�id The[quitable Building and Loan Association of Grand Isi:uid,
<br /> Nebraska(or insurance,tases and assessments,and abslracting extension ch�rges,wilh inlerest thereon, Irom date o(payment at the maximum
<br /> Iegal rate.
<br /> •� As provided in the UonJ secured hereby,while this mortgage remains in effect the mortgagee may herea(ter advance additiunal sums to the �. , . � .� �
<br /> makers of:aid Bond,their assigns ur successors in interest,which sums shall be within the sccurity uf this mortgage thc samc�s the funds originally
<br /> secured thereby,the lolal amount of principal debt not to exceed at any time the original amount o(this mortgage. . � � � . �
<br /> D�te this � ��y�f Plovemher A.D..19 ](
<br /> �i�.9,/�5 ti,� ���,� �)�i�.'%;!) \�1 �l� i ��J
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<br /> Brian L. Bunde Karen J. Bunde
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<br /> STA7E OF NEBRASIiA, ss. Ou this day of 19 be(ore me,
<br /> COUNTYOFHALL} lst November 76' (,, � ,
<br /> the unJasigned,a Notary Pubtic in ae1(cr said Cuunty,personally came • `;& r,`
<br /> r�e��tK e and Karen J. Bunde each in his and her own right an�,h�s �S��USEPego���yr�}�o��t�er N
<br /> �:•��E ir':. � �
<br /> L tMYo be the ae(�ical twnS whose name s are a(fxed[o the above instrument as mortgagor S �nd th2y severally Y ,
<br /> y`7:a�t�'��d.�lte� sttument lo be thei r volunlary act and deed. � {�'-
<br /> : EY�It;ES n7T S my hand and Notarial Seal the date aforesaid. �� � .
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<br /> s�.q�U�31.�y�pS,�'�(y mmissionexpires �` I�tl � I i� I '�(l ..
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<br /> F....NEB� ; � ' �btury Publi
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