|
. � �'
<br /> { .
<br /> Z8—� s��1�34
<br /> MORTCACE 4
<br /> � IHORTGAGE LOAN NO._ � 23,0 �D
<br /> ,�, f
<br /> IQ�tUW ALL MEN BY THESE PRESENTS:Thet Marti n L. L. Meents and Lark A. Meents, ea ch i n hi s
<br /> �
<br /> and he r own right and as spouse of each other �
<br /> � Moctgagor,whother one�r mort,in consi�leration�of the sum of
<br /> '� Seventeen Thousand Six Hundred and No/1Q0-----------------------------------------�i.t.,�tts ` "�
<br /> �
<br /> loandd to said mprtgagor by The Equitable Building and L�an Association af Grand lsland,Nebraska,Mortgagee,upon 1�6 shares of atoctc of
<br /> � said ASSUCIATIQN,CeRi�cate No. L 23��57 ,do hereby grant, wnvtq and mortgage unto the said ASSOCIATION the fo�owing
<br /> described real estate,situated in Hall County,Nebraska:
<br /> '
<br /> +,
<br /> LOTS TWELVE (12) AND THIRTEEN (13) OF THf COUNTY SUBDdVISION
<br /> t OF PART OF THE SOUTH HAl�F OF $ECFION FIVE (5) IN TOWNSHIP
<br /> NINE (9) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M, IN TWE
<br /> VILLAGE OF DONIPHAN, EXCEFTING THEREFROM THf 50UTH SEVENTY �'
<br /> �+
<br /> ,�:
<br /> FIVE FEET (75') FEET OF SATD LOT THIR7EEN (13). ,�^�
<br /> ;
<br /> r
<br /> t
<br /> � �X
<br /> �together wi4h all the tenements,hareditamen�s and appurtenances'chereunto belonging,including attaehed tloor coverings,all windaw s�xeens, ^�+r�,�
<br /> window shsdes,blinds,st�rm windows,awnings,heating.,air conditioning,and ptumbing and water eyuipmmt and accessories thereto.,pumps,stoves, ''"'��
<br /> � refrigeratiwes,and other fixtures and equipment now or hereafter»ttached to or used in conncction wiCh said real estate. ,� ,�.
<br /> "� � And wheraas the said mort or has a reed and does hereb a ree that the mort or shsll and will a all taxes and essesunents levied br " � ��
<br /> Ba8 � Y 8 B86 P Y t y�.
<br /> aasesud upon said premises and upon this mortgage and�the bond ucure$t�}erebv before the same shaU become delinquent;to turnish approved �,
<br /> insuranct upon ths buildings on taid premises situated in the sum of 5 �/s4��•�0 payatile tu said ASSOCIATION and to delivrz to said ..+Y't
<br /> +, ASSOCIATION the policies Eor said insurance;and no[tp commit or permit any waste on or about said premises; � -
<br /> � � in caae of default in ihe performance of any of the te[ms and conditians of this mortgage or the bond ueured heteby,[he vlortgagee shall, "��
<br /> ;:;� on demand�,be entitled to�immediate possession of the mortgaged pramixs rnd the mortgagor hereby assigns,. transFers and sets ov�r to xl�e .
<br /> ��� mortgagee�ali 2he rents,revmues and income ta be deriwed from the mortgaged p�amixs during such tims as fhe mortgege indebtedness shall remain � �=
<br /> � �2� unpaid;and the mortgagee shall have the power to appoint any egent or agents it may desire for the purpose of repairing said premises and rcnting i �,a
<br /> �;�j the same and collecting the rents,revenues and income,and it may pay out of said income atl expenses of repairing said premises and neassary � - '�
<br /> � wmmissions and expenses incurred in renting and managing the.same and of collecting rentals therofrom; the balance remaining,if any,to be � ? �{�
<br /> 1 applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be execcixd at any time during the existence of such '
<br /> default,irrespective of any temporary waiver oC the same. � � �
<br /> - � These Presents,however,arc upon the Condition,Tha[if the said Mortgagor shall repay said loan on or before the maturity of said shares by jj
<br /> payment;pay monthly to said ASSOCIATION of the sum specifled in the Bond secured hereby as interest and principal on said loan,on or before 3,';
<br /> �. the Twentieth day of each and every month,until said loan is fully paid;pay aIl taxes and asseumenu levied against said premises and on this Mortgage ' �
<br /> '��� and the Bond ucured ihereby,before delinquency:furnish approved insurance upon the buildings thereon in the sum of S 17.f)0�.�� payable
<br /> to said ASSOCIATION:repay to said ASSOCIAT[ON upon demand aIl money by it paid for such taxes,asxssments and insurance with intetest at
<br /> ,.,�� the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises:keep and comply
<br /> ` ;� � with a0 the a�eements and aonditions of the Bond for 5 ].]�600.OQ�s day given by the said Mortgagor to said ASSOCIA7'ION,and comply �
<br /> with all the requirements of the Constitution and By-Laws of said ASSOC(ATION;thm theu presenta shal! become null and void,othenvix they . �
<br /> shall remain in fup 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 payments,or to keep and comp�y with the agreemmu and rnnditions of said Bond; �
<br /> ;; � and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. � � � � �'
<br /> ; If there is any change in ownership of the real estate mortgaged herein,by sale or otherwise, then the entire remaining Indebtedness hereby - � �
<br /> � "j . secured shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,bernme immediatdy due and payablt without �
<br /> j � further notice,and the amount remaining due under said bond, and any other bond for any additional advances made thercunder,shall,from the
<br /> .-y � date of exercise of said option,bear interest at the maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said �
<br /> bond,and any other bond for additional advanas,together with all sums paid by said The Equitabie Building and Loan qssociation of Grand Island, � .
<br /> ���� � Nebraska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon, Gom date oC payment at the maximum � �
<br /> -,j . legal rata . � . �
<br /> ' �As provided in the Bond ucurcd hereby,while this mortgage remains in effeci the mortgegee may herea(ter advance additional sums to the
<br /> ��� � � maken�of said Bond,their assigns or successors in interest,which sums shall be within the ucurity of this mortgage the same as the funds originally � �
<br /> ,;� . xcured thereby,the total amount of principal debt not to exaed at any time the original amount of this mortgage. .
<br /> �nacea cc� 3r _ aay of Apri 1 A.D..197$
<br /> .. � ' arti nt
<br /> �;; _ .
<br /> Gark A. Meents
<br /> STATE OF NEBRASKA,i a�,
<br /> CO(JNTY OF HALL j¢� Ort this 3rd, day of Ap ri 1 1978 ,before me, .,.��- a
<br /> t: �� � �� �� the undersigned,a Notary Publlc in and for said Comty,personallycame � „
<br /> � Mantin L. L. M ee r�ts an d Lar k A, Mee � �eac h in his an d her own rig ht an d as spouse of i ry
<br /> each OtflPl' ' ";��,",�1;� who dT"2 P�rsonally known to i ?r x
<br /> `; �•,..;...._._
<br /> x.� me to be U�e identical perso� �t9�1� afflxed to the above inrtnunmt as mortgegor S and they x��Y
<br /> acknnwledged the said 3nstrumen �r��y�q'-��+i�o ry act and dxd. //�� �
<br /> � , WITNFSS my a�1d31ot�Seaftjee�st on�aid. �-,`%C '%%u`�/ ��� ..
<br /> aid
<br /> _,{ ta: � �t /
<br /> MyComm'sssi exp�ea�D�]w�71��,j ��
<br /> ' �� �L�Pi
<br /> i . . st.s�[n[ . . . ���F� 1 �� :r,.,. Notary Public . .
<br /> slqrFOF7tv�-a`�`�,� �
<br /> i,..... ,.. ..
<br />
|