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<br /> 78-'�100J26
<br /> � MORTCACE , r;� ,'F �<�si'�,�?
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<br /> MORTGAGE LOAN NO._ L 2$.00Z �r , „ :
<br /> IINOWAI,LMENBYTHESEPRESENTScThat H. Dean Hiner and N. Jean Hiner, each in his and r ' , e 4 :f�?,
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<br /> her.own right and as spouse of each other �1�
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<br /> � � � � � � Mortgagor,whether one or morc,in consideration of the sum of
<br /> Forty Thousand Six Hundred and No/100---------------_____________________________ �; '
<br /> � loaned to said:mortgagor by The Equitable Building and L.e�an AssocSation of Grand island,Nebraska,Mort ee,u ��A� s �� 5 ��
<br /> # Ba6 pon �area of stoek of t '
<br /> , said ASS(xIATION� Cert�cate No.L 23�4�� ,do hereby grant,convey and mortgage unto the said ASSpCIq'I'ION the following ` "'
<br /> t deacribed real estate,situated in Halt County,Nebraska: 4'
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<br /> � LOT NINETEEN (19) WESTERN HEIGHTS THIRD � Y
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<br /> 'j SUBDIVISION, HALL COUNTY, NEBRASKA. �` ��
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<br /> .��together wiUt all the tenements,hereditaments and appurtenances thereunto bdonging,including attached t7oor coverin all window screens, � j� � ��eF�
<br /> window�shades,blinds,storm wiadows,awnings,heating,air conditioning,and p]umbing and water equipment and acceswries�thercto,pumps,rtoves, �' �'szt-n'��,��„
<br /> ��.�mfrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. � �% "' r'.��t"�r
<br /> And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assesvnenU levied or � t{ � j�''�`
<br /> ��d�upon said premius and upon this mortgage and the bond secured thercby before the same shall become delinquent;to fwnish approved � � '�"'w,
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<br /> pon the buildings on said premises situaied in the sum of S 4�,6��.�� paya6le to said ASSOCIATION and to deliver to said � `� a"
<br /> AS.SOCIATION the policies for said inaurance;and not[o commit or permit any waste on or about said premiser, . . �, n r'���.,t�;E
<br /> .In cax of default in the�performence of any of[he terms and conditions of this mortgage or the bond xcurcd hereby,the mortgsgee yha11, s � . +�'
<br /> ��� �.on demand,be�entitled to immedSate possession of the mortgaged prcmises and the mottgagor hercby assigns, transfers and xts over to the� t � .:a�.���
<br /> morigagee aU the rents, revenues and inrnme to be derived From the mortgaged premises during such time as the mortgage indebtedness ahall romaia ` a
<br /> v �� unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing seid premises and rent' � � �
<br /> the same and collecting the rrnts,revmues and lncome,and it may pay out of said income all expenses af repairing said premises and nece ry � , ���i
<br /> commiasions and expertses incurred in�enting and managing the same and of collecting rentals therefrom; the balance remafning,jf any��a � a
<br /> 'applied toward the discharge of�said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of sueh i ^ ,��:
<br /> default,irrespective of any temporary waiver of the same.
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<br /> Thex Preunts,howevet,are upon the Condition,That if the said Mort or shall re a said loan on or before the maturity of said shues by ��", :`�"��
<br /> paymmt.pay monthly to�aid ASSOCIATION of the sum �8 P Y
<br /> � � the 1lventieth�da of each and eve �cified in the Bond ucured hereby as interest and principal on said loan,on or before W,
<br /> . Y ry month,uniil said Ioan is Fully paid;pay all taxes and asseuments levied against said�premius and on this Mortgage �
<br /> , � a:
<br /> and the Bond xcured.thereby,before delinqurncy;fumish approved insurance upon the buildings thereon in the sum of S 4Q�GOQ.00 payable s +K'�=
<br /> �� to�said.ASSpC�p7'ION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insuran«with interest at �`
<br /> the.maximum legal rate therton from date of payment all of which Mortgagor hereby agees to pay;permit no waste on said premises-keep and comply `
<br /> with a11 the agreemenu and conditions oC the Bond for S 40�GOO.00 this day given by the said Mortgagor to said ASSOC(ATION,and comply
<br /> with�all ttae requircments of the Constitution and By-Laws of said ASSOCIATION:then these preunts shell become null and void,otherwise they
<br /> �.�sha11�remain in full.force and may be foreclosed at the option of the said pSSOCiAT(ON after failure for tivee months to make any of said
<br /> � payments_or�be three months in arrears in making said monthly payments,or to keep and comply with the ageements and conditions of said Bond;
<br /> ��.�and Mortgagor agees to have a receiver appointed forthwith in such foreclosure proceedings.
<br /> � . if�there is any change in ownership o!the ree!estate mortgaged henin,by sale or o[herwise,then the entire remainin 3.��
<br /> secured shall,at the option of The Equitable Bui7di g indebtedness hercby
<br /> n8 and Loan Association of Grand Island,Nebraalca,become immediately due and paysble without � ,.i
<br /> further.notice,and the amount remaining�due under aald bond, and any other bond for any additional advances made thercunder,shap,from the �
<br /> � date of e�cercix of said opHon,bear interest at the maximum legal rate,and this mortgage may then be foreciosed to�tisfy the amount due on said �
<br /> bond,and any other bond for additional edvanxs,together with aU suroy paid by said The Equitable Building and Loan qysociation of Grand Island,
<br /> Nebraalca for insurance,taxes and asseuments,and abstracting extension charges, with interest chereon, from date of payment at the maximum
<br /> kgal rate.
<br /> � ' As provided in the Bond secured hereby,while thit mortgage rcmains in eFfect the moKgagee may hereaher advance additional sums to the
<br /> .makers of aaid Bond�,their assigns or succes.wrs in interert,which sums shall be within the sewrity of thls mortgage the same as the funds originapy
<br /> secured thereby,the Wta1 amount of principst debt not to exoeed at any time the original amount of this mortgage,
<br /> D° / . dayof �-�--�`-t-e�� A.D.,19�e�
<br /> V n uE 11Q1^ ��"
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<br /> �� �N_ J n,Hiner
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<br /> � $TATE OF NEBRASKA g on.� 15 th. �y o f Feb ru ary 78 ` '"'`"""
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<br /> �- COUN1'Y OFYiALL ° . 19 ,beforc me> . .
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<br />` -.- tlu undersigned,a Notary Public in and for sald CountY,personaliy ume
<br /> ��y�'�H Dean Hiner and N. Jean Hiner, each in his and her own right and as spouse of e�c�i
<br /> other. ' who drG perw y ownto .. -
<br /> -me to be�Ux ldrntical �� � � _
<br /> i4 person S who�e naine 5 ' di'E aff'ued to the above' nt se mortgagor5 �a th2
<br /> acknowkdged the raid instrument to be .thEj 1^ wlun Y sevenlly r,���� "�v
<br /> �� . .. tuy aet�nd dead. �,:,�'� ,.=. y "
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<br /> ,. . : WITNESS my hand and Nota'tal Se:l the date atore�ald. ,
<br />��. �_ua.,r... expires
<br />� ,.�' 6EHEItAG.NOiARY��.Stateof Nebrc . . . � . . .
<br /> J,4NtES W.OISON � Notary Pubiic
<br /> ��ly L`omm.f�cp.-IYw.12.1979 � . � y' /�� � �
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