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<br /> � MORTGAGE ..k4�.y
<br /> � M10RTGAGELOANNQ. L 23,�� � Y + ����
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<br /> I KNOW ALL MEN BY THESE PRESENTS:That Dale W. 6ewecke and Mari lyn J. Gewecke, each i n hi s and ( , � ' � ��
<br /> ;; her own right and as spouse of each other ` ���°
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<br /> `t . �� � Mortgagor,whethar one or more,in consideradon of the sum oF '. ��� ' +�
<br /> jThirty Thousand and No/100------------------------------------------------------- notta�s ` R
<br /> 4 �
<br /> � i Ioaned to said mortgagor by The Equitable Building and Loan Association of Grand fstand,Nebraska,Mortgagee,upon $QQ shazes of stock of ' 's
<br /> ` ? said ASSOCIA'TION, Cert�i:ate No.L 23,046 ,do hereby grant, convey and moRgage unto the said ASSOCiAT10AI the foUowing
<br /> •�.� � described real estate, situsted in Hall County,Nebraska: .
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<br /> i LOT FIVE (5), WOLFE'S SECOND SUBDIVISION, � �
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<br /> ; IN THE CITY OF GRAND ISLAND, HALL COUYTY, �`a,
<br /> i NEBRASKA
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<br /> �� [ogether with all the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window screens, '" � ��4���:
<br /> ;� window shades,blinds,storm windows,awnings,heating,eir wnditioning,and plumbing and water equipmene and acceuories thcrcro,pumps,stoves, L 'f�.,��
<br /> t � �� � reFr3gerators,and othar tixtures and equipment naw or hereafter attached to or used in connection with said real estate. � t ;�
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<br /> �And whereas the said mortgagor hes agreed and does hereby agree that the mortgagor shall and will pay all t�xes and auessments levied or � � � ���"}-��
<br /> d . � as3esud upon said premius and upan this mortgage and the bond sec red thercby beforc the same shall become delinquent;to furnlsh approved �' ��
<br /> � � insurance upon the buildings on said premises situated in the sum of$�����0.U� payable to said ASSOCIATIOIV and to detiver ta aeid ' c���_
<br /> , ASSOCIATION the policies for said insurana;and not to commit or permit any waste on or about said premises; � �. '�k�
<br /> � � In cas�e of defauit en the performance of any of the terms and conditions o(this mortgage or the bond seoured hereby,the moRgagee ahall, ,.S.p�
<br /> ' � �� . on demand,be en[iUed to immediate pussession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the ' `�ra�,�
<br /> �� rtwrtgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain '"��'"�r�,."�.
<br /> � � .unpaid;and the mortgagee shall have the power to appoint any agrnt or agmts it may desire for the purpose of repa'ving said premises 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 premixs and necesaary .�
<br /> �� � " wmmissions and expenses incurred in ren[ing and managing the same and of colltMing rcntals thereGom: the balance rcmaining,if any, to be ,.,.%'
<br /> applied toward the diuharge oC said mortgage indebtedness;these rights of the mortgagee may be exerciud ax any time during the existence of such a�'�
<br /> default,irrespective of any[emporary waiver of the same. �'..
<br /> �`�., � Theu Preunts,however,are upon the Condition,That if the said Mortgagor shaA repay said loan on or before the maturity of said shares by `�r
<br /> � payment;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan,on or beFore r%`
<br /> �;� the Twrntieth day of each and every month,unHt said loan is fully paid;pay all taxes and assessmmts levied against said premixs and on this Mortgage v,
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<br /> ` and the Bond ucured thereby,before delinquency;furnish approved insurance upon the buildings thezeon in the sum of E 3O��0�.�� payable r °
<br /> `j � � to said ASSOCIATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,auessmrnts and insurance with interest at ���
<br /> .,i .� the�maximum legal rate thereon from date of payment all of which Mortgagor haeby agrees to pay;permit no waste on said premisa;keep and comply .
<br /> ; witt�all the agreements and conditions of the Bond For 3 3O�QQQ.QQ this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> 'i� � with all the requ'vements of the Constitution and By-Laws of said ASSOCIATION;then theu prexnu shall become null and wid,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 arrears in making said monthly paymmts,or to keep and comply with the agreements and cociditions of said Bond;
<br /> ,_� � :and Mortgagor agrees to have a receiver appointed forthwith in such forcclosure proceedings.
<br /> . IC there is any chsnge in ownerslup oC the real estate morigaged herein,by sale or otherwise,thrn the entire «maining indebtedness hereby� � �
<br /> �� � secured shatl,at the option oF The Fquitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without
<br /> further notice,and the amount remsining due under said bond,and any other bond for any additional advances made thereunder,shall,from the
<br /> date of exerciu of said option,bear interest at the mauimum legal 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?he Equitable Building and Loan Auoclation of Grand Island,
<br /> ,�- . Nebraska for insurance,tsxes and assessments,and abstracting extension charges,with intercst thereon, from date of payment at ffie maximum
<br /> tegatrate.
<br /> `�.;.: � . � �As provided in the Bond ucured hereby,while this mortgage remains in effect the mortgagee may hereafter advantt additional eums to the .� �
<br /> ;� . � msktts of said Bond,their assigns or successors in intercst,which sums shall be within the security of Uus mortgage the same as the funds oriBnsUy ��
<br /> secured thercby,the total amount of principal debt not to exaed at any time the original amount of ttiis mortgage.
<br /> `'� seact�s 27th ot March A.D.,i978 �
<br /> '} i�i� - �!�l�� -� ���CEc/ �
<br /> � Dale W: Gewec e hl�r�1yn�7� Gevd"e e
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<br /> `� STATE OF NESRASKA,� �
<br /> COL7NTY OF HAIZ $ O°� 2�th �Y of March 197$ ,before me, .4,,,_-:; i`
<br /> " the un ed,a tary Public in and f r said ounty, sonally e
<br /> � Da1e W. Gewecke and Marilyn J. Gewecke, each in�iis� an�`�er own righ�t and� as �ouse o� �• �=' �f
<br /> � '.each .other wno are r�rwnavy known co ,� �.,
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<br /> o tiwl perwn 5 wlwse nartu 5' dT'E sffixed to the above instrument as mortgagor S and they severally .�,�.
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<br /> �sFJuio�tge d inattument to be th@l 1' wluntary aM.and deed. ��
<br /> '" �t�N R9�s my hand and Notarisi Seal the date aforesaid. .a?� '- :
<br /> � roOTApY omm3saion expirea �� V GA
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<br /> � �J'f�'�.,r'-31 `�a��a'Sf . � . . . . � .
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