|
� �
<br /> �s-� UU�t_�4
<br /> MURTGACE
<br /> , MOI2T�AGE LOA1+F NO. �„_23,,OFil +
<br /> KNOWALLMENBXTHESEPRESENT5;7`hat Alfred W. Beckle�r and Judith K. Beck7�er, hi�s wife� AND � � . .
<br /> "• Duane A. Obermier and Bonqie L. �bermier, his wife.
<br /> � Mort�agor,whtCher cme or more,pn copsizleaaYion of thn sum of , .
<br /> ' Tfiirtv Fhousand and No/100-_-�---------------------------------------------------- �r..4nxs ;
<br /> loaned to said mortgagor by The Equitablt Building and Luan Assuciation ofCran3 Fsland�,Nebraska,MorRgagee,upom 3QQ� sherea of stock of � � � �
<br /> xaid ASSOCJ.ATION. CetiiCicate No; L �3�Q�r ,do hereby gsant, convey and morfga�e unto the said ASSOCIqTION the following
<br /> deuribed rpeP esCate,situatcd in Hall County,Nebeaska: � �.� � � �
<br /> LOT FQUR (4), BLOCK SIXFY-SEVEN (67),
<br /> WNEELER & BENNETT`S SECQND ADDITION
<br /> T0 THE CIT1' f?F 6RAND ISLAND, NEBkASiCA.
<br /> �
<br /> to�gsther with ali the t�enements,heceditaments anzl appurtrnanees thereun�:o belUnging,inciuding attachec.l #loca eAvenngs,all window scteer�s, . � .
<br /> winduw shades,blinds.,st�urm wi�tdaws,.awnin.gs,hea:ting,air conditioning,and plurri6ing and water equYPmtqt and accessories thete[o,pumps,.stovea, . . �
<br /> refrigeratc?cs,and other 1'ixr.ures and eqwpmeert n�w u.r Iurea�fter a4tached to ur used"tn connection wirh said re,al.¢st�ta .�.
<br /> , ' An�l�whereas the�id mortgegor has agreed and dues hereby agree iNa�tha n�ortyagor thall and wili pay a11 taxes and assessmett4s levied or � .� �. ..�� �'
<br /> .; assessed upon said premises and upon thii m�r4gage gnd c:he bnnd seu ed tk c�e6,y be�f�re the zame sttall become deGnquent;�to f'urnish apgroved ' � " �
<br /> i�sueance upon the biuldings on said prcmixs situ�ated in the sum a;�f 5��a�uU.170 peya�ile to xaid AS5p(.'IATION an3 to¢elivec to agid � '��
<br /> � /�SSQCI.ATION the policies f�r said insurance;and ncat to commit or pe.rmit any wuste un oe abc:�ut aa�.id ptemises: � � �
<br /> in cax o:f detault in the perfurmance c;C any of the ir-rms and can:ditians of this mortgage ur the bund sei;ured hrroby,the�mc>rtgaget shali., �
<br /> j � on demand,be entitled to immediate p�sseision of xha m�rtg�ged pcetnises and the murcgagme hereby assigns, rransfers and sets over to the ��
<br /> mortgagee a11 the rents,revenues and income to be derived from the mortgaged premius during such time as the mortgage indebtedness shall remain ��
<br /> � unpaid;and the mortgagee shall have the power to appoint any agent or agrnts it may desire for the purpose of repairing said premises and renting � �. �
<br /> - the same and collecting the rcnts,revenues and income,and it may pay out of said income all expenses of ropairing said premises and neassary � ��
<br /> commissions and expenses incurrcd in rrnting and managing the Same and of wllecting rentals therefrom: the balana remaining, if any,to be �� �
<br /> applied toward ihe diuharge of said mortgage indebtedness;these rights of the mortgagee may be exercixd 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 if the said Mortgagor shall repay said loan on or before the maturity of said shares by � .
<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 betoro � �
<br /> '� the Twmtieth day of each and every month,unti)said loan is fu(ly paid;pay all taxes and assessments levied against said premises and on this Mortgage � � �
<br /> i
<br /> and the Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of S 3O��0�.�� payable � �
<br /> to said ASSOCIATION:repay to said ASSOCIATION upon demand all monty by it paid For such taxes,asussments and insurance with interest at ' � .
<br /> the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;perrttit no waste on said premi:es;keep and comply � � � .
<br /> with alI the agreemmts and conditions of the Bond for 5 $��QQQ.QQ this day given by the said Morigagor to said ASSOCIA7'ION,and comply - � � ����
<br /> with all the requuertxnts of the Constitution and By-Laws of said ASSOCIATION;then these presents shall become null and void,otherwix 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 /> �r payments or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond; � .
<br /> ,.i and Mortgagor agrces to have a receiver appointed forthwith in such foreclosurc proceedings. � . . �
<br /> �-i !f thore is any change in ownership of the real estate mortgaged herein,by sale or oiherwise,then the entire remaining indebtedneu hereby
<br /> secuttd shall,at the option oC The Equitable Building and Loan Association of Grand lsland,Nebraska,bemme immediately due and payable without � � . � � � �
<br /> ,.-j further notice,and the amount remaining due under said bond, and any other bond for any additional advanas made thereunder,shall,from the � . � � �� � ��
<br /> ' date of exercise of said option,bear interest at the maximum legal rate,and this mortgege may then be forecloud to satisfy the arnount due on uid . �
<br /> �.; bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan pssociation of Grand Islend, .
<br /> Nebraska for insurana,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum �� �
<br /> { legal rata
<br /> � � As provided in the Bond xcured hereby,while this mortgage remains in etfect the mortgagee may hereafter advance additional sums to the �
<br /> � makers of said Bond,ffieir assigns or successors in intercst,which sums shall be within the security oC this mortgage the same as the funds originally � � ��
<br /> `:��� secured thereby,the totat amount of principal deDt not to exceed at any time the ' 'nal amount of this mortgage. . � . �
<br /> - Dated this 12th day of Apri 1 A.D.,19]$ �
<br /> .17,�.w.( w�.,r�-� �i� '
<br /> ' A red N. �c er Du�e A. ,Obe,►-rAie��
<br /> ` ���ecfc er ,Cf,o.�,.,,��. c�. l; �,.>,��
<br /> -;�
<br /> � o me . ermier p
<br /> � STATE OF NEBRASKA, �. o„ct,;, 12th aey er Apri 1 iv78 ,before me, ��^
<br /> �� COUNTY OF HALL�
<br /> 1 ��" � � the undersigntd,a Notary Public in md for said County,perwnally came �,,_ �:' '�� �;
<br /> �? Alfred W. B�ck.ler and Judi th K. Beckler, hi s wi fe AND Duane A. Obern�,�a- are Bonn � ,:• -
<br /> � �. h�l S Wl � pc�s�n�j�known to �; ,
<br /> �}n� Obermi,er, �. 6A � r:r
<br /> �me to be Yhe identi � S dT'E �8}'�'ixed to the above instrument as mortgagor S and the�r severatlY t-: ,. ;.
<br /> :i actcnowkdged the �•�t�'bg'-..� E'1 T^ voimtary act and deed. ,t'`'u,�
<br /> r�.,v. �4.
<br /> 3 � '��c�anFl No Seal the date aforesaid. ��LV�,�
<br /> ; y c��,s'a�r�i ���7—S J
<br /> �� . L-r � � EXP�RcS � � .
<br /> o-i-su nt �1.>��°``C• 7.1`':�.`�,w2, Notary PubUe
<br /> yrF oF N�.���� �
<br />
|