|
r _ �
<br /> �s— ��t+t���s
<br /> MORTCAGE
<br /> � MORTGAGE LOAN NO. L 2Z,969
<br /> KNOWALLMENBYTHESEPRESENTS:'fhat Frank D. Haack, Jr. and Susan L. Haack, each in his 1
<br /> ! and her own right and as spouse of each other
<br /> . Mortgagor,whether one or more,in consideretion of the sum of
<br /> Twentv Thousand and No/I00------------------------------------------------------ noLr.nits
<br /> loaned to said mortgagor by The Equitable Huilding and Luan Association of Crand Island,Nebraska,Mortgagee,upon 200 shates of stock of �
<br /> said ASSOCIATION,Ceriificate No.L Q2,969 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situr�ted in Hall County,Nebraslca:
<br /> FRACTIONAL tOT NINE (9J IN FRACTIONAL BLOCK SIX (b), IN
<br /> WALLICHS' ADDITION AND ITS COMPLEMENT, TO-WIT; FRACTIONAL
<br /> LOT NINE (9) IN FRACTIONAL BLOCK TWENTY ONE (21), IN
<br /> FAIRVIEW PARK AQDITION, BOTH BEING ADDITIONS TO THE CITY
<br /> OF GRAND ISLAND, NEBRASKA.
<br /> ;
<br /> � z.
<br /> ,� `s to ether with all the tenements,hereditaments and a urtenances thereunto belon n includin attached tloor eoverin � � ��.
<br /> 8 PP S� B. 8 gs.all window ureens. .
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessoria theceto,pumps,stoves, � a'{'
<br /> reFrigerators,and other Fixtures and equipment now or hereafter attached to ur used in wnnection with said real estate. .
<br /> Md whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or . .
<br /> auesaed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to furnish approved �
<br /> insurance upon the buildings on uid premises situated in the sum of$ 2Q��Q�.�� Payable to said ASSOCIATION and to deliver to said
<br /> ASSOCIAT[ON the polieies for said insurance;and not to commit or permrt any waste on or about said premises;
<br /> In case of defauli in the performanee of any of the terms and conditions oC this mortgage or the bond secured hereby,the mortgagee shall,
<br /> on demand,be entitled to immediate possession of the mortgaged premius and the mortgagor hereby assigns, transfers and sets over to the
<br /> mortgagee all the rrnts,revenues and income to be derived from the mortgaged premises during such time as the moRgage indebtedness shall remain �
<br /> unpaid;and the mortgagee shall have the power[o appoint any agent or agents it may desire for the purpose of repairing said premises and renting �
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary
<br /> commissions and expenus incurred in rrnting and managing the same and of collecting rentals therefrom: the balance remaining,if any,to be .
<br /> :. appGed toward the diuharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such �
<br /> �,� default,irrespective of any temporary waiver of the same. � �
<br /> Theu Prexnts,however,are upon the Condi[ion.That if the said Morigagor shall repay said loan on or before the maturity of said shares by
<br /> payment pay monthly to said ASSOCIATION of the sum specified in the Bond ucured hereby as interest and prineipal on said loan,on or before � � ��
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premixs and on this Mortgage . �
<br /> ' and the Bond secured thereby,before delinquency:furnish approved insurance upon the buildings thereon in the sum of 5 20+000•00 payable � .
<br /> � � � to said ASSOCIATION:repay ro said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at �
<br /> � the maximum legal zate thereon from date of paymrnt al�of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply �
<br /> :�€ with all the agreements and conditions of the Bond for$ 2�,OOO.00 this day given by the said Mortgagor to said ASSOCIAT70N,and comp3y� .
<br /> with al!the requirements of the Constitution and By-Laws of said ASSOCIATION;then these prexnts shall become null and wid,otherwix they
<br /> shall remain in Cull force and may be foreclosed at the opiion of the said ASSOCIATION after failure for three months to make any of said . .
<br /> � � payments or be thme months in arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond;
<br /> ' and Mortgagor agees to have a receiver appoinced forthwith in such Comclosure proceedings_ . .
<br /> j
<br /> �. IF there is any change in ownership oC the real estate mortgaged herein,by sale or otherwise,then the mtire remaining indebtedness hereby � . .
<br /> seeured shatl,st the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without
<br /> � further notia,and the amount remaining due under said bond,and any other bond for any additional advances made thercunder,shall,from the � .
<br /> � date of exercise of said option,bear interest at the ma�cimum legal rate,and this mortgage may thm be forecloud to satisfy the amount due on said � �
<br /> bond,and any other bond for additionat advsnces,together with all sums paid by said The Equitabie Building and Loan Association of Gcand Island, . �
<br /> Nebraska for insurance,taxes and asuuments,and abstracting extension charges,with interest thereon, from date of payment at the maximum , �. �� �
<br /> �`i� legal�ate. � � � . . . .
<br /> :j As provided in the Bond secured hereby,while this mortgage remains in effect the moRgagee may hereafter advana additional sums to the � -
<br /> makers o�said�.Bond,their assigns or successors in interest,which sums shall be within the security of Ihis mortgage the same as the funds originaqy � �
<br /> '�� �secure h�reby,the total amount of principal debt not to exceed at any time the original amount of tlus mortgage. � . �
<br /> � a � �. d�this. � �Ztn .day of anuary A.D.,19]$ � � , �
<br /> s n _ a � r.
<br /> .. 7,
<br /> `: � Susan L. Haack ,
<br /> STpTE OF NEBRASKA,� � On this �Zth. �Y of J an uary 197$ ,before me, p�,.;;
<br /> , ,� COUNTY OF HALL - �
<br /> . tt�e undessgned,g Notary Public in,aqd�or said County,personally e � '
<br /> 4 Frank D. Haack, Jr. and Susan L. 'Haack, each in Iiis ana ner own rigri and as spouse ofi o •
<br /> edCh O'Cf101" who 3qee peraonally known to
<br /> �� me td be the identical personS whox name5 dre �affixed to the above instrument as mortgagors and they severally �'r;
<br /> "`t edcnowledged the said instrument to be tI7El P' voluntary aM and deed_ �e"
<br /> .� �� . � tVITTJESS my hand and Notarial Seal the date atonsaid. . #'^ '.��� .
<br /> _ .. .. . . . .. . '�. , . _
<br /> ? � My Commission expires � _
<br /> aCNERAI MOTARY-Stase ot Nehr. � / Noisry Public
<br /> si-ax w L f�
<br /> JAMES W.OLSON i
<br /> � . � . � My t:Omm.Exp.Nov.Sz,1919+ �
<br /> . . . . r,�.,,..,,.,�..�".� .
<br />
|