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<br /> UU71-�.I
<br /> AtORTGAG@
<br /> h10RTGAGB LOAN N0. � 22,45�
<br /> KNOWALL1�iL•NBYTIiESEPRESENTS:That John A. Widhalm and Judith C. Widhalm each in his and
<br /> r
<br /> her own right and as spouse of each other
<br /> ; Alortgugor,whether one or more,in consideration of the sum ot
<br /> • Twelve Thousand Eight Hundred dfld NO�IOO--------------u----------------__________ DOLLARS
<br /> '' ; loaned to said mortgagor by Tlu Lquitable Building and Luan Aswciation of Grand lsland,Nebraeka,Afortgagee,upun 128 shares of stock of
<br /> said�ASSOC►A'f(ON,Certificate I�o.L 22,450 ,do hereby grant,wnvey and mortgage un[o the said ASSOCIATION the following. � . ��.." ..
<br /> - descnbed real estate,situated in Hatl Countq,�Nebraska: � � . �� . .
<br /> LOT SEUEN (7) IN BLOCK TWENTY-FIVE (25)
<br /> OF RUSSEL WHEELER'S ADDITTON TO THE
<br /> CITY OF GRAND ISLAND, NEBRASKA, AS
<br /> SURVEYED, PLATTED AND RECORDED.
<br /> ,{�-_ �
<br /> � �'� tugether �vith all the «nements,heredi[aments and�ppurtenances thereunto belon�ine,including nttached Ooot wverings,all window screens, . . � �
<br /> window shaJcs,blinds,storm windows,awnin�s,heating,air wnditioning,and plumbing and w�aterequipment and acrossories theroto,pumps,stoves, - � � � �
<br /> rehigeramrs,and o�her fixtures and equipment now or hereeCter attached to or useJ in connectiuii with said real estare.� � � .� � -�
<br /> i�`j And wherzas the said mortgagot has aereed and ducs here6y aeree that the mort�eor shall and will pay all taxes and assessments leti�ed or � � � . � . �� � �
<br /> assessed�upon said premises and upon this mortgage and�hc bond secured thereby before ihe same shall become delinquent:to fumish approved . .
<br /> insurance upon the buildings on said premises situated in the sum of S 1 Z,8��.�� payable to s;tid ASSOCIATION and to Jeliver to said
<br /> ?'� '� ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises: � . � . �
<br /> In case uf de(ault in the perfurmance of any uf the terms anJ conditions oC this mortgxge or the bond secured hereby,the mortgagae shall, . � � � � � �
<br /> on demand,be entitled to immedixte possession of d�e mortgaged premises anJ thz mongagor hereby assigns, transters and uts over to the �� � � � � �
<br /> mongxgee all the rents,revenuos and income to be Jerived from die mortg�ged premises during such time as the mortgage indehtedness shall remain . � � .
<br /> unpaid:and tlie mortgagee shall hare the power to appoint any agen[ur agents it may desire(or the purpose of repairing said prtmises and ren[ing. � . � _ �
<br /> � the same and collacling ihe mnts,revenues and income,and it may pay out o(s�id income all eapenses o(repairing said premises and necessary � -
<br /> commissions and expenses incurred in renting and managing the same anJ oC collrcting reneals thereGom;the balance remaining,iF any,to be � . � � . �
<br /> �pplied toward the Jischarce af said mortgage indebtedneu;these rights of the mortgagee miy be exercised at any time during the existence oi such � . � � . �
<br /> def�ult,irrespectivr oiany temporary waiver uf the same. � � �
<br /> These I'cesrnts,however,are upon the Condition.That if lhe said�tortgagor<hall repay said loan on or befoce the mawrity of said shares by � �� ��.
<br /> payment:pay munthly m said ASSOCIATION o(the sum specif3ed in�he[fund secured hereby as intemst snd principal on said loan,on or before � � � �
<br /> the TH'entieqiday of each and zven�month,until said loan is fully paid:pay all taxes and assessments le��ed again:t said p�emises and on this Atortgage . � �
<br /> aud the Bond secured thereby,beforc delinyuency;fumish appmved insurance upon the buildines thereon in the sum of S 12�8��,QQ PaYable � � �
<br /> to said ASSOCIATIO\:repay to said ASSOCIA'f10�upun demand all money by it puid for such taxes,auessments and insurance wrt6 mterest at � � � �
<br /> the m:+ximum legul ram thcreon from date of payment all of�rhich 9fuctgagur hereby agrees to pay:permit no waste on said pmmiscs;keep and comply . -- �
<br /> with alt the�greements and conditions of the Bond for 5 1 Z�HOO OOds day given by the said Uort¢agor to said ASSOCIATION,and comply
<br /> �+�ith all lt�e requirements of the Cunstimtion end ByLaH•s of sa�d ASSOCIATION;then these presents shall btcomt null and�•oid,othenvise thcy � � �
<br /> shall rcm3in in ful!furce and may be furecloxJ at 4ie option of the said ASSOCIATfON �fter failure for three munths to make any of said � . �
<br /> �::_; payments or be three months in arte�rs in making s�id monthly payments,or to keep and comply u�ith the agteements and conditions o(said Bund: � �
<br /> and A1urt�gor agrees to have a receiver eppointed forthwith in such Coreclosure pruceed'u�gs. �
<br /> If there is any chuiga in uwnership of die real estatc mortgaged herein,by salc or othenvise,then the en[ire remaining indebtedntss hereby � .
<br /> secumd shall,at the option u(The Equitable Building and Luan Association of Grand Island,Nebrxika.becomt immediately due and payable without
<br /> � furthe�notice,anJ the amo!mt remsinine due under said bond,anJ any olher bond(or any additional advances made diertunder,shall,Gum the
<br /> date o(exacise of said option,bear uiterrst at the manimum legal rate,and this mortgage may then be(oreclosed to satis(y the amount due on said
<br /> bond,and any other bond tor additional ad�anres,[ogether K•i[h all sums paid by s�id The Equitablc Huileling and Loan Association ot Grand I�land,
<br /> Nebraskn for insurance,ta�ces and asussments,and abstracting extcnsion charges,with interest thereon,from date oC payment at the m�cimum �
<br /> Icgat�ate.
<br /> As pruvided in the Bond secured hereby,while dus mortgage remains in effect the mortgagee may hereaCter advance additional sums to the � �
<br /> makeis of said Bond,their assigns or successurs in interest,which sums sh�ll be within the security o(tliis mongage the same as the tunds originally
<br /> secured thereby,the total amount ot principal debt not to exceed at any time the original amount of this mortgage.
<br /> D`�a�t�: 8th a,��r December n.�.,i�76
<br /> .� l,<�..� f'..Lr��-__�G..—
<br /> ��n i.3ria7m,�
<br /> .�.;Y`�l�<�. ///,.�.'/��`�m i
<br /> �udith C. 4tidhalm
<br /> STATE OF NEBRASKA,�ss. On this da uf
<br /> 8th v December i976 ,betoreme, � � .,-
<br /> COUNTY OF HALL �:�:
<br /> tht undersigned,a Notary Pu6lic in and for uid Counry,personally pme ���y
<br /> _ John A. Vlidhalm and Judith C. Widhalm each i�n his and her own right and as spouse�f each �
<br /> other ��h� are P�rson yknownto • �
<br /> � mt to be the identical person S� K�hose name 5 a re afTixed to!hc above insVumcnt as mortgagor S :�nd they severally �
<br /> their �' �
<br /> ac}:nowledged lhe said instrument to bs voluntary act and deed. � '
<br />�� � �t7TIdESS my hand and hotarial Seal the date aforeuid. � �'��-
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<br /> Afy C�mmiuion expims ��'
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<br />�` 4 OTARY
<br />�,: GENERa N ttnt�oi ypy�, �I sI. �7 /� /: .. \otary blic
<br />�i y.� p� JafdES . ,i:rt (v'"V G. 7�j' ��-
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