|
_. � �
<br />� �$_ �o o�s 2 SECOND►� O R T G A G E � .
<br />� ThisIndenture,lvtadebyanabec..�een .....JOHN R. FENDERSON AND JOAN M. FENDERSON, Husband..and.._Wife
<br />- -----.-.-.-.'.-.-.-.-.-.-.-.-.-.-.-.-.-.-.---__-_---.�.-.-.-.-.�.--�.---.--.--whetheroneormorehereinaRzrreferredtoaemortgagor
<br /> BnaTHE OVERLAND NATIONAL BANK OF GRAND ISLAND, Grand Island, Nebraska, hereinafter referred
<br /> to as Bank
<br /> r TheMortgagorforandinconsideretionof(3.--26•a.76.�.-_0�...J ----r---------------------------------------- ,'
<br /> ._.........--.... .....................__............_.......---..._...._..._.........._..:......
<br />; TWENTY SIX THOUSAND SEVEN HUNDRED SIXTY SIX AND 06/100----------------
<br /> ......._ ---...._ ._.... ...........--.............. ..... . .......,...._..... . ......__.......---................_.......---�--.... r.r r�c • �
<br /> � �� .naid bY e benk.
<br /> � t6e xeceipt whereof is hereby acknowlcdged, hae granted, barqained, sold and rnnveyed, and by the preeente, doee grant, .
<br />; � �bargain,eell and convey,unto eaid bank,the following deecribed real property aituated in the County of ......_Hd�.�._..,.._..___..._. ;.'
<br /> and State of Nebraeka,to-wit •
<br /> . ................... .
<br />' Fractional Lot Six (6) in Fractional Block One Hundred Seventeen (117) in Koeni and
<br />' Wiebe's Addition to the City of Grand Island, Nebraska, and Fractional Lot Six �6)
<br />' in Fractional Block One Hundred Seventeen (117) in Railroad Addition to the Town
<br /> (Now City) of Grand Island, Nebraska.
<br /> together with sll the tenements, heredituments and appurtenances to the same belonging, and all the estate, title, claims and �
<br />' demands whatsoever o£the mortgaqor of, in or to said p:emises or any part, thereof; and said mortgaRor does hereby cov_ �
<br /> i enant, that the mortgagor is lawful:y seized of suid premises,that said premises are free from incumbrance and mortgsgor � �
<br /> � will warrant and defend the title to said premises against the claims and demunds of all persona whomsoever. � � -
<br /> PItOVIDED ALWAYS, and these presents are upon these conditiona:
<br />��� WHEREAS, the mortgatCor has executed and delivered to the Bank .d_..CQT�tdlll - "� � '��
<br /> in the amount of $26,766.06 dated January 19, 1978, at an iriterest rate���of��'T"Op'��;s'wi'wt�i°tg0 ' `
<br /> scheduled quarterly payments of $1,732.05 each, applied first to interest and then to
<br /> principal, commencing April 20, 1978, with a final payment equal to the entire unpaid
<br /> principal balance plus accrued interest on January 20, 1983.
<br />. and has agreed to maintain fire, windstorm and extended coverage insurance on said premises in amounta required and in
<br /> companies appmved by the bank and with standard mortgage dauses which policies shall be delivered to the banh, and has �
<br />. agreed to pay all taxea and assessments levied against said premises before the sume become delinquent and to maintain said �
<br /> premises. .. �
<br /> Now, therefore, if the mortgagor ahnll comply with all of the provisions of said note and the provisions hereof, then
<br /> theae preaents sha11 be null and void. .
<br /> . However, if the above note and interest thereon or nny payments cal7ed for thernon are not paid when due or if sny �
<br /> � of the covenanta of this instrument are not complied with, the bank, or Lhe holder hereof, at its option may declare the re- � �
<br /> � maining belance of said indebtedness due nnd payable and may maintxin xn urtion at law or in equity to recover ell amounta � � �
<br /> . due and enforce the provisions hereof. In the event of the fxilure of mortgagor to maintain the premises, or to maintain � �
<br /> insurance as ia above provided for, or to pay taxes or assessments,the holder hereof may advance the sum or sums neceassry -
<br /> � . � to obtain compliance and such amounts shu❑ be added to the amount due on the above mentioned note and bear interest at �
<br />� the higheat legal rate. � � .
<br /> IT IS FURTHER AGREED, this mortgage shull constitute notice hereof, that thia mortgage is security for aot only � �
<br />. � the amount advanced concurrently with the execution hereof but alt future advances which may be made at the option of the � �
<br /> � � parties or their aesigns up to the total amount stated in this mortgage, to the same extent as advances originally made here- � �
<br />. under. Further notice is hereby qiven that the tenor of each Mortgage Note including the intereat rate, payment, maturity, � �
<br /> penalties, and other terms shall concurrently upon execution become a part of this mortgage. � � �
<br /> � IT IS FURTFIER AGREED, that the said Mortga�or shall and wil] pay all taxes levied upon this mortgage or the debt � � � �
<br />. secured thereby, together with any other taxes or asaessments which may be levied under the Laws of Nebraska, againat the � �
<br /> ssid Mortgagee or the lef{al holder of the said principal note(s)on account of this indebtedness. � �
<br />. . IT IS FURTHEA AGREED, if at any time,while the morigage is in eYfect and the note for which this mortgage is �
<br />� given�as aecurity,or any part thereof, remains unpaid, Lhe undersiKned Mortga�ora setl, convey or contract to sel! the real� � �
<br /> eatate herein described, or any purt thereof,or the hfortgagors do not have or cease to have title to naid real estate or any
<br /> part thereof, then and in any such events,the Mortgagee may,at ita option,declare the unpuid principal balance, and intereat, � �
<br /> 02 the note secured hereby immediatety due and payable. In the event that these premises are not now,or should hereafter,not � - � �
<br /> be occupied by mortgagor then this instrument shatt constitute an assiQnment of rentais and service of a copy thereof upon the � �� � �
<br /> . occnpant ahall be s�cient to require all payment for rental or u of the mises after date of such Sertiice to made to
<br /> mortgagee. ' � . . .. . ... ..
<br /> stgnea r,nse:......_i.9th.......-.--aa� o�............January. ................... . ..i9....... .8.. .......
<br /> In preaence of � � � � �
<br /> _..............•••...----.........__ ._ .
<br /> �o � � --Fender .......... .......... ... . ......-----�•
<br /> •--._.._......-•-•-........................................ ..0� l'�.� �f....� ��L.��>�,.1'......
<br /> . ...... .. ................................
<br /> ',sTa�oF...._.:._..NEBRASKA HALL >
<br /> ...................... .... CountY of..... ........ ....... ....... .. .......: .
<br /> Before me,a notary public quatified ior said county, personally cnme JOhf1 R. Fenderson & Joan M_ Fenderson
<br /> � ��mown to me�to be the identical person or persons w-ho eigned the foregoing instrument and acknowledged the execution there-
<br /> �. of to bethie,.her or.their voluntary act and deed. �� � �
<br /> CEIIEIW.NO�ARY-!hl�dN�Oa ; y
<br /> � W�ZIf�M�IhM�l1'notarial seal on.......................January 19 1�$ � �
<br /> . ................................-- ..
<br /> . �y�s.�.ba o.e.�z�a� •----........
<br /> 'commieaion � �res — / � `
<br /> .............
<br /> exp ..............�_5;;�.--....�a.._. 19..�� .���G.�j�/!�ry Publia .
<br /> .. ',
<br /> ..................._....._.......---'---' ---'--- ""�' .
<br /> . . .,"`,.- �. .,:�;
<br /> '�, �3TATE�OF � � � � :.............. �................ Enternd on numerical index and filed for record ��, �
<br /> Caunty�...... � ..._._.:� J in the Register of Deeds OfFce of said Covnty the � � �� ���
<br /> Z aa.
<br /> . . ................................. . L . ,,.,
<br />.., - �......._.day��ot�.__..... : � ........, 19............. ak.............................ddock and......... � `.; " `
<br /> "-._ .""' ................ .. minutes .....M.,
<br /> - • . .......... . .... . � � � �,� ,.�i
<br />. �..and recorded in Book �...:................................of....... ...........-�---..................atpage..............................._................... �,+� %-
<br /> � �
<br /> .. . . . . - '1�� ..
<br /> „� ;.... . �:.
<br /> . ....:.�K,..
<br /> . . .. . . . . ......._..._...._.................... _..... .... .....___... ._........Req. of Deede . .
<br /> . ... � . . Hy..................................... ............. ..... .... ........._..._Deputy .
<br />.��. �. . � � �
<br />
|