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<br /> MOIiTGAGI's LOAN N0. L ZP�42�
<br /> r KNOW ALL A1GN RY THGSG PRCSGNTS:7'hat Davi d J. Wetheri 1 t and Susan �. Wetheri 1 t each 1�
<br /> : 1;
<br /> his and her own right and as spouse of each other
<br /> � '' Aturtgagur,whether one ur more,in con:idcratiun of the sum o(
<br /> ` Twenty-one Thousand Six Hundred and No/100-----------------------------------------pol.�A�s
<br /> lo�ned tu said mongagor 6y Thc liyuitablc Building anJ Loan Assuciation oC Grand lsland,Ncbraska,Aturtgagee,upon 216 shares uf stock of
<br /> � said ASSOCIA7'ION,Certilicate No.L Z2 42] ,dn hereby grant,convey �nd mortgage unto lhe said ASSOClATION the(oltowing �� � � .
<br /> describrJ real cstatc,situated in Ilall County,�Jebraska:
<br /> 4.�����i � � . . . �
<br /> LOT ONE (1), IN aLOCK EIGHT (8), OF
<br /> ; KOEHLER PLACE, IN THE CITY OF GRAND
<br /> �' ' ISLAND, HALL COUNTY, NEBRASKA.
<br />, � ';
<br /> � ;,
<br /> �:; ;
<br /> togetlier with all the tenements,hereditaments and a�punenances thereunto belonging,incluSing auaclied tluur corerings,all w•induw screens, , . ��
<br /> winduw•shades,blinds,storm�vindows,awnings,heating,air cundiiiuning,and plumbing and w:��er ayuipment and accessoria therero,pumps,stoves, � . �
<br /> refrigeratois,xnS other tixtures nnd equipment now or herealter au�ched to or iued in coimec�iun with said rcal est�te. � .� . �
<br /> And whereas ihe said mortg�gur has�greed and ducs heroby agrec that tiie mo�tgagur shall and will pay:�11 tuxes and asxssmentx;evied or
<br /> �� anessed upon s�id premises and upon this mongagt and the bond secured thereby beiure the v�me shall becume delinyuent;to fumish app�oved � � �.�
<br /> t� insurance upun ihe buildings un said prcmiscs situated in thc stun oC S PL�6��.0� payahle to said ASSOCIAI'10!� and to dtli�Rr to said , � �
<br /> ' ASSOCIATIO\the pulicies for said insurance;and nnt to cummit ur permit an}•«�aste on ue about said premises, � �
<br /> `t .
<br /> In case uf default in�he perfurmance of any of the ieuns and conditions oC this mortgage or the bond ucured Lereby,the mortgagee shall,
<br /> un demand,be entiiled w immediate pussession uf thc mortgagrd premiscs and the mortgag�x hereby ansigns, transfers and sets over tu tlie �. .
<br /> y; � - rtrortgagee;�II lhe renls,revanues and incume to be derived from the mortgaged premises during such time as the murtgaga indebtednass shall rcmain � .
<br /> r-�� ' unpaid;and the montiagee shali ha�•e the powrr to appoint am�agent or agents i� ma��desire for ihe purpose of rcpairing said premises and renting � - �� � �
<br /> � the same and cullecting lhe renis,rerenues and income,and it rnay p�y out of said income all expenses uf repairing said premius ar.d nettssary
<br /> g� cummissions and espenses incurred in renting and managing the same and of cullecting rcnt�ls therefran;the balance remaining,il any,to 6a �
<br /> ' applied toward the disch�rge of said nwngage indebiedness:etie�e righis of the mongagee ma��be exerei:ed at snv time during lha existence oC sucl�
<br /> '^ � def�ul�,irrespective of an�'�emporary�vaicer of the same.
<br /> ���- � Thcse Presents,huwcrer,are upun thc Conditiun,"Ch;�t if�he said\forteagur shail repa} �id foan on ur be(ore the m�turily u(s�id shares by � �
<br /> p�yment:pay mnnthly to said ASSOCIATIO\uf the sum specitled in the 13und sacured hercoy as interest and p�incipal on said loan,on m betorc � .
<br /> the TN'enticd�day uf eacti and cvery munth,until s�id luan is I'ully paid;pay all taxcs and asscssments levied acainsl said premises and un tliis�lurtg�ee .
<br /> i _
<br /> �. and�he 13ond secured�here6y,befure delinquency;fumish approved insurantt upou tlu buildinEs diereon in the sum of 5 �1 (��.Qn payable . �
<br /> tu s�id ASSOCIATIO\:iep�y tu said ASSOCIATIO\upon demand all muney hy it p�id lur such t�ses,aUessments and ms�Ir:+nce w�rth interest at � � �
<br /> � the maxinmm lagal rate thercon from date uf pa�•mcnt all ol which�tor�gagur herchy ag�ees tu p�y;ycnnit nu waste on s:iid premises;keep and wmply . �
<br /> �- with all the agrecments and conditiuns of the E3und(or S 21�6��.00lhis day given bq tht said 11ortg�gor to xtid ASSOCIATIO'�,and comply
<br /> e�iih all thc requiremcnts of thc Constitution and i3y�Laws o(said ASSOCIATION;Ihen these presants shall btcome null and eoid,u�henvisc they
<br /> shall rrmain in Cull furec�nd m�y be(orecloscd at Ihe oplion uf thc said ASSOCIATION aftrr failuce iur three monlhs tu make 3111'OI SJII�
<br /> -� payments ur be three mnnda in arrears in making said monthly payments,or to krep and comply with the agrermrnts and conditions uf s�id Bond;
<br /> . aud 9lorte�gur agrers to fiave a�ecei��er appuinted fonh���i[h in such tureclusure proceedinGs.
<br /> . I(tlierc is any change in u��•ncrship ul tlte real csta�e nwctgaged herein,6y ulc or othcnvix:,then tha entire remaining indebtedness hereby . �
<br /> secured shall,at the uptiun uf The fyuitable Uuilding and Luan Aswciation of Grand Island,Nebrasl:a,become immediately due and payeble withwt
<br /> � further notice,�nd lhe amuunt mmaining duc under saiJ bund,and a�ry other bund for any addi[ional ad��nces made the«undor,shall,from the
<br /> , dalc uf ezercise ol said option,bcar inlcrest et thc maximum Icgal ratc,and this nwngagr may ihen be foreclosed to satisfy the amuunt due on said
<br /> bond,and anp o�her bond(or additional ad�ances,together�aith all sunu p�id by said Tht L•yuitable Building snd Loan Associatiun of GranS Island,
<br /> � Nebraska fur insurance,tazes and assessments,and abstracting extensiun charges,with intzrest thereon,Imm date of psyment at the maximum
<br /> legal ra�c.
<br /> � As provided in Ihe Bond ucured hereby,while ihis munFage rem�ins in eftrct the mortgagee msy heceafter ad�ance additioual sums to the
<br /> �; makers of said Bond,their assigns or succcsso�s in interest,which sums sh�ll be within the security oC this murtgage the same as lhe funds originally .
<br /> wcured�hereby,�he total ar.iount uf principal debt nnt to exceed at any time the ori�inal amount of this mortgage.
<br /> '� D�eCd u,ts 2L,th �a�y r Ilovember ,�.n.,t�'i 6
<br /> , ��>�. _l.:
<br /> Da�d J. e herilt
<br /> w'Ir.if7;n �`. /{%r'7-�rc t l �l�
<br /> Susan L. 4letherilt
<br /> STATE OF NC•8[tASI:A,�ss. On this 21yth ��Y o� November 19 76 ,beforc me,
<br /> COUNTY OF NALL .:;,i . �_.; ,
<br /> �. the undersigned,a Notary•Public in and for said County,persunally came ' '
<br /> David J. Wetherilt and Susan L. Wetherilt each in his and her own right and as spouse of N �
<br /> L each other ��"��� dre personallyknownto } `
<br /> K
<br /> me to be the idcnlical perwn S ahose name S are a(fixed to the abav � strum t as mortgagor S and the,y severally q� _
<br />��.. �� acknowledged Uie said instrument ro be thei r �oluntary act and deed. � � .
<br /> h: �. �'f,C��ERAt.N(1fA�`���r$t9115�!a�d and Notarial Scal[he date afo�esaid. . �?
<br />'�`G^-_'.: Ej 'r�����t�1y"lomliiiesion xpires ��C/ �r�
<br /> ,n*�'.�r�••v #'ry i.ortr�.t: ��r. / \i C%7
<br />�� � � ----� / j Notary Publ c
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