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<br /> 7s- �01427 •
<br /> i' MORTGAGE
<br /> MORTCAGE LOAN NO.�- 23,O1H �t�
<br /> KNOWALLINENBYTHHSEPRESENTS:That Arnold A. Wiese and Wilhelmina A. Wiese, each 111 �.
<br /> his and her own right and as spouse of each other �
<br /> ��` Mortgagor,whether one or more,in consideratlon of the sum oF '
<br /> "� Fourteen Thousand and No/100-----------------------_______________________________��A�
<br /> '( � loaned to said mortgagor by The Equitable Bullding and L.oan Association of Crand Island,Nebraska,Mortgagee,upon 14� sharq of stock of
<br /> `J said ASSOCIATTON, Certificate No. L 23�018 ,do hereby grant,convey azid mortgage unto the said ASSOCIATION the following
<br /> ..� described real estate,situated in Hall County,Nebraska:
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<br /> e,'t
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<br /> ;� NORTHERLY SEVENTY SIX FEET (76') OF ��
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<br /> .� LOT ONE (1) IN BLOCK ONE HUNDRED FORTY ONE (141) �'
<br /> in UNION PACIFIC RAILWAY COMPANY'S SECOND
<br /> �e� "
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<br /> ADDITION TO THE CITY OF GRAND ISLAND, HAL'L COUNTY '�
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<br /> ��� � NEBRASKA. �
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<br /> � � H, .. .
<br /> `� �. .together with all the tenemen[s,hereditaments and appurtenances thereunto belonging,including attached tloor rnverings,all window screens, �. .
<br /> . window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
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<br /> rcfrigerators,and other fixtures and equipment now or hereaher attached to or used in connection with said real esta[e.
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<br /> i . And whereas the said mortgagor has agreed and does hercby agree that the mortgagor shail and wiU pay all taxes and assessmmt�levied or
<br /> j assesxd upon�said premises and upon this mortgage and the bond sewred thereby beforo the same shal!become delinquent;to fumish approved ��
<br /> `3 � insurance upon the buildings on said premises situated in the sum of$ 14,0��.00 payable to said ASSOCtATION and to deliver to aaid y.
<br /> ,� .� ASSOCIATION the policies Por said insurance;and not to commit or permit any waste on or about said premius; t
<br /> In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall,
<br /> on demand,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and xts over to the �
<br /> mortgagee al!the rents,revenues and income to be derived from the mortgeged premius during such time as Ihe mortgage indebtedness shall remain f
<br /> � � unpaid;and the mortgagee shall have the power to appoint any agent or agrnts it may des've for the purpose of repairing said premius and renting
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income all expenus of repairing said premises and nexssary
<br /> � � . commissions and expenxs incurred in renting and managing the same and of collecting rrntals therefrom; the balance nmaining,if any,ta be
<br /> �applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exerciud at any time during the existence of such
<br /> default,irrespective of any temporary waiver of the same.
<br /> � These Presents,however,are upon the Condition,That it the said Mortgagor shall repay said loan on or beforo the maturiry of said shazes by
<br /> � payment;pay monthly to said ASSOCIATION of the sum speciAed in the Bond uwred hereby as interest and principal 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 asxssments levied against said premises and on this Mortgage
<br /> and the Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$ 14����.�� paYable
<br /> to said ASSOCIATION;repay to said qSSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at
<br /> the maximum legal rate thereon from da[e of payment all oC 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$ 14,000.OOthis day given by the said Mortgagor to said ASSOCiATlON,and comply
<br /> �. with all the requuemrnts of the Constitution and By-Laws of said ASSOCIATION;thm these preunts shall become null and void,otherwise they �
<br /> shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any oF said
<br /> payments or be three months in arroars in making said monthly payments,or to keep and comply with the agreemmts and conditions of said Bond;
<br />:}� . � and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure pmceedings � � - .
<br />�j If there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,then the en[ire remaining indebtedneu hereby � � �
<br /> secured shall,at the option of'The Equitable Building and Loan pssociation of Grand Island,Nebraska,become immediately due and payable without
<br /> . �further notice,and the amount�remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the � � �
<br /> � dau of exercise of said option,bear interest at the maximum legat rate,and this mortgage may then be foreclosed to satisfy the amount due on said �
<br />,� � � bond,and any other bond for additional advances,together with all sums paid by said The Equitable Buiiding aad Loan Association of Grand Island,
<br /> Nebraaka for insurance,taxes and assessments,and abstracting extension charges,with interest thereon, from date of payment at the maximum
<br /> Iegal rate.
<br /> . � �' �As�pkovided-�in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br /> . makers of said�Bond,their assigns or successors in interest,which sums shatl be within the security of this mortgage the same as the funds originally �
<br /> . �-��aecurcd thereby,the total amount of principal debt not to exaed at any time the original amount oF this mortgage. . �
<br />� �na�ea ctus 7th y of February A.D.,�9 78
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<br /> r, ,�-z�
<br />#• rn ie e
<br /> ":W:ilhelmina'A. Wiese
<br /> STATE OF NEBRASKA,t�.' �n�� 2]th �Y af Februa ry 19�$ ,before me,
<br /> COUNTY OF HALL j
<br /> ��� - � � the undersigned,a Notary Pub13c in and for said County,personally came ��
<br /> Arnol ` iese and Wilhelmina A. Wiese, each in his and her own r�ht and as s o se of �
<br /> e �ptla� W a re r���y x,�o..,�co
<br /> �t17�w�� S whoae name 5 are affixed ro the above instrumrnt as mortgagor5 and they �r�y
<br /> ,l�id6ed ihe'�A. nt to be �iej r voluntary act and deed.
<br /> �.y,= IdQTAR1�ry77� hand and Notarial Seal the dau afonsaid.
<br />� �9 E Ptl�E�y� ion expires "1 `',(,�tl p � �3
<br /> ���••d _�� � t
<br /> �.:�� •. C 31 ��9 , �Q„��� . . � � . . otary Public
<br />�� TFOf HE�R�S �
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