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<br /> 78—{?{�4�j�,��
<br /> � INOR'i'GAGE z , F' °����C.�
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<br /> �i . MORTGAGE LOAN NO. L ZB�OO4 � ��,�1�
<br /> xivowni.L.�fENaY�ESErxFs�rrrs:rna� Rl fred W. Beckl er and Judi th K. Beckl er, hi s wi fe and � ' � � i�r�A�+
<br /> �'� � 'g<��
<br /> � # Wi 71 i am J. Landi s and Margaret Ann Landi s, hi s wrfe � w� '�r-��
<br /> �.� _____Mortgagor,whether one or more,3n consldention of ffie sum of ` �
<br /> ;j Fi fty Four Thousand and No/100--------------- --------------------------mL�.n�s �. ! '- ` .�,�+���
<br /> 1 ;kC �SA�
<br /> � loaned to eald mortgagor by 1'he Equitable Build1ng end Loan Auocistion of Crand Island,Nebraska,Mortgagee,upon shares of stack of �; , = ,�,�.�
<br /> f said ASSOCIA7TON,Certit`icate No.L 23�004 ,do hercby grant, convey and mortgage unto the said ASSOCIATION the folloaing � �^; d rL��
<br /> '..3 described reat estate,situated in Hell CountY.Nebraska: ` A � g�ti,?
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<br /> � LOT THREE (3), IN BLOCK SIX (6), IN BONNIE BRAE ADDITION TO THE � �''�
<br /> �
<br /> �� � CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. ����' � ��`
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<br /> �to ether with aU the trnemrnts,hereditammts and a urtenances thereunto belon � � �
<br /> g pp ging,including attached Aoor cowrings,all window Kxeem, ' �"v��:
<br /> 1 window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, � ��?�
<br /> ! � ,��rcfrigeraton,and other fixturee and equipment now or hereafter attached to or used in connection with aaid real estata . . . ,�'�.�.,'.�.-'.�x'
<br /> "� � � _ And wheroas the said mortgagor has agreed and dou hereby agree that the mortgagor shall and wilt pay all taxes and asseaments levied or � �" ��s S`"� �' ��
<br /> aszessed upon aaid premises and upon this mortgage and the bond xcured thereby before the same shall become dellnquent;to fumish approved �' ,�+�,
<br /> inaurana upon the buildings on said premises situated in the sum of S�j4 OOO.OO payable to said ASSOCIATION and to deliver to said � �;`�v» s�,,.
<br /> � ASSOGIATION�the policies for aid insurance;and not to commit or permiFany watte on or about aaid premiser, � �� . r s" :,,�, �:+ �
<br /> In cax of default!n the performance of any of the tertns and conditions of this mor[gage or the bond secured hercby,the mortgagee aluli, � '� �•a
<br /> o�a�,a,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the a� �
<br /> � � aw rt g a ge e a ll t h e rrn t s,r e v e nues an d income to be derive d from t he mo rtga g e d premites during suc h t t me as t he mo rtgage in de b ie dness s h a i l r e m a i a � Y� � .; �.�e.�
<br /> � �unpaid;and�the�mortgegee shall haw the power to appoint any agent or agrnts it may des'ue for the purpose of rcpa'ui�tg said premises aad renting �� �, :s� �.
<br /> � the tsme and collecting the rents,revenues and income,and it may pay out of said income atl expenxs of repairing said premixs and neoessery �
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<br /> commiaions and expenses incurred in renting and managing the�ame and of colleMing rentals thnefrom; the balance remaining,if any,to be "�" �,�
<br /> } applied toward the diuharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any titne during the exlstmoe of such '�:,A
<br /> ,�� � � defautt,'urespective of any temporary waiver of[he sama � • �:.
<br /> � j � � � Thae Presenu,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shara by� � _ � �+ti�
<br /> f �. �payment;pay montlily,to said ASSOCIATION of the sum specified in the Bond xcured hereby as interest and principal on said loan,on or befora � x�",y:
<br /> :� �the Twentieth day of eech and every mon[h,until said loan�s fully psid;pay all taxes and assessments levied ageinst said prcmises and oa this MoRga�e- r1 ..
<br /> �6,
<br /> �and the Bond secured thereby,befare delinquency;furnish approved insurentt upon the buildings thereon in the sum of 5 54���.�0 � payable
<br /> to said ASSOC[ATION;mpay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and inswance with interest at ` ;�ir;
<br /> � .the mazlmum legal�rate thereon from date of payment all of which Mortgagor hereby agees to pay;permit no waste on said prrmises;keep and comply ��
<br /> .� � . . . . i'� k '.
<br /> �with all the.agreements and conditions of the Bond for S 54,000.��this day given by the raid Mortgagor to said ASSOCIATION,and comply �,
<br /> with all the requirements of the Conatitution and ByLaws of said ASSOCIA170N:then these prarnu shall becorne null and wid,otherwife they
<br /> shall romaln in full force rnd may be forecloud at the option of the said ASSOCIA3'ION after failure for three montlu to make any of aaid �r*
<br /> ,.� � payments ot be three months in arrears in making said monthly payments,or to keep and mmply with the agreemmts and conditions of seld Bond;
<br /> and�Mortgagor agrees to have a re«iver appoinied forthwith in such foreclosure proceedings. � � �
<br /> �:If there is any chsnge in ownership oF the«al qtate mortgaged herein,by sale or otherwise,then the entice remaining indebtednesn hattby
<br /> �S aecured shsll,aY the option of The Equitabte Building and Loan Astociation of Grand Island,Nebraska,become immediatdy due snd payable withnui
<br /> s oc�a
<br /> # fnrt6er notix,and the amount remaining due under said bond,and any other bond for any additional advsnces made thereunder,shall,from the
<br /> date of exercise of sald option,bear intereu at the rnaximum legal rate,and this mortgage may then ba foredoud to mtisfy the amount due on said
<br /> bond,and any other bond for additional advances,together with ail sums paid by seid The Equitable Building and Loan Assoeiation of Grand Ishnd,
<br /> Nebratka for inaurana,taxes and a�umnents.and abstruting exunsion charges, with intorost thereon, from date of payment at the maximum
<br /> tagal rrta
<br /> As provided in the Bond uoured hereby,while this mortgage remains in ef}eM the mortgagee may hereafter advance additional sums to the
<br /> F ,` makeu�oC said Bond�,their assigns or successors in interest,which sums sliall be within the securlty of this mortgnge the same as the funds originally
<br /> �,' ,� aecund thenby,the rotai amouni of principal debt not to exaed at any time the originat amount of this mortgage_
<br /> �� ua tn� lOth aay or February n.n.. 9 78 � ' �
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<br /> Tr;� �G!�"��Ll��`�1.C�.lr�' th.}-cX�.t.�_
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<br /> :,� , re ec er - 'am J. L i s � - � ,.;�
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<br /> ���: " �:� T�'JuiH�ttf�K: Beckl�er�'�� � _ � ar are Ann Lan is � � „�� � s;p
<br /> STATE OF NBBRASKA, �_,�:; �'it
<br /> � �COUN'TY OF HALL�ss. on�;s lOth aay of February i9 78 ,before me, �}
<br /> the underaigaed a Noiary Publlc ia and for said County,peraonally came �:�
<br /> Alfred W: Beckler and Judith K. Beckler, g y� ��K
<br /> his wife and 4lilliam J. Landis and Mar aret Ann
<br /> �'4 �.a►rdi s, �Ii s wi fe '"ho are r�r�onsuy 3cnown to r
<br /> 0
<br /> me to;be the idenGwl pere0n5 whose mmeg gre aff'ixed to the above' nt as mortgagors �+a the x�+11Y "`��' F�
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<br /> aclinsiwleagea;t�aaia tmerumenc to ue thei r votuntuy aae ana aeea. �/J h.,,:;,�.
<br /> � WITNESS my hand and NotaHal Seal ttta date aforwId. , -�G�%�/- -"°.`.,.,` '�'"+^
<br /> `'"� My Commis�on expires `,..
<br /> �r�� GENERA!NDTARY-Crate M NaW..�. .�� � � Notary Publlc �
<br /> s;3 bd-,�..lti. MY Corttm.EeL�o(12.1 ...� I''... "`~� � . I
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