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<br /> ��-- UO2�E9
<br /> fNORTGAGE
<br /> MORTGAGE LOAN Nn. L Z�.O�a$ ,��J� �
<br /> � KNQWALLhtENBY'CHESEPRFSFNTS:TFiai MicMael /�. Schwieger, a single person and Sherrie $. - `
<br /> MadTson, a single person
<br /> Mortgagor,whether one or more,in cvnsideration of the sum of
<br /> ThrTty Three 7housand One Hundred arrd No/T00 ----------- --- �LLArts
<br /> laaned to said mortgsgor�y The E,quitable Building and Loan Aswc�iatian of Gcand Island,Nebraska,Mortgagee,upon ��1 SfI8IC5 OF:1tOCIC bC � � �
<br /> said� ASSOCT.ATIOtV,CertFfipte No. L 2���?QrJ$ ,do hercby grant, convey and martgage unto thr said A530CIAT10A3 the fi�llowing. � � � �
<br /> dcseribed rtal estate,situatad in.Hall f'o4nt-y,Nehraska: � �
<br /> SOUTHERLY FIF7Y ETGWT FEET (58') OF LOT
<br /> FIVE (5) IM BLOGK 7t40 (2) IN PLEASANT
<br /> 1IIEW FOURTH AODITI0IJ TO THE C3TY OF
<br /> GRANb ISLAND, HAl,L COUM7Y, N.EBRASKA.
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<br /> togr[her with all r'he tenemants,hereditaments and appurtenances rherewnto belonging,.including aregched flc�ur coverings.,all window sareans, � � �
<br /> ' win'dovv shados,blinds,scowm Winduws.,awnings,hea.ting,air wndi.iiorting,and�lrim:binR and watee equipmen[and aq�cessoties rhrcew,pumgs.atoves,.
<br /> ��? refrigerafoes,dnd-othrr fixt'ures at�d equipment i7nw or hereaCeer aCcached to cas used�in con:necti�n with said real estac.e. �
<br /> f And whcreas t}ie said mort a o[has a reed and does heceb a nee xhat the mort �
<br /> B 8 & Y B gagor sh.all and will {say all taxes and assesune�tts levied ot
<br /> i assessed upon said prertuSes and upon this mortgage and tha bond sccured tMereby� be6ore [he same shell b2come delinquent;to furnish approved �
<br /> � insurance upon tlie builaings on sai�d premises sit�uated fn the sum o(S 33�1 OO.00� payable tu �;a nssc�cinrro;v and [o dClixr to ssid
<br /> �` . �SSOCIAT[QN zhe policics For said insuran:;e;and not to comrtiit or permit any wssee on ur about sa9d premises: �
<br /> :j � In case af ilef"ault in ihe performshce of any of the terms and c�ndition�s oC this �ncrrtgage or zhc bond ucurrd Irereby,iha martgagee sttall, ��
<br /> on de,mand,.be entitled io immcdiate�possession of the mant:gaged premisex and�. the m<�rtgagu� hereby assigns, xransfcrs and� secs uver ta Chc ...,�
<br /> �' � mortgagee all the rcnts,revenues and income to be derived fram the mortgaged premises during such time as che mortgage indebtedness shall remain
<br /> ! : . unpaid;and the mortgagee shall have the power to appoint any agent or agrnts it may desirc for the purpose of repa'ving said premius and rmting -
<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 neassary �. ��
<br /> ;3 commisaions and expenses incurred in renting and managing the same and oC collecting rrntals themfrom; the balance remaining, if any,to be � � �
<br /> q � app(ied toward the discharge of said mortgage indebtedneu;theu rights of the mortgagee may be exercised at any time during the existence o[such � � � �
<br /> i;� default,irrespective of any temporary waiver oC the same. � . :aY
<br /> >� These Presenu,however,are upon the Condition,That if the said Mortgagor shap repay said loan on or before the maturity of said sharcs by � � �
<br /> � payment pay monthly to said ASSOCIATION of the sum specified in the Bond xcured 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 assessments levied against said premises and on this Mortgage �� �
<br /> -y and the Bond secured thereby,beforc delinquency;furnish approved insurance upon the buildings thereon in the sum of$33 s���.�� payable � � � �
<br /> � to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such caxes,assessments and insurance with intercst at
<br /> i the maximum tegal rate thereon from date of payment all of which Mortgsgor hereby agrees to pay;permit no waste on said premises;keep and comply �
<br /> �? . with a�l the agreements and conditions of the Bond for 5 3$���Q.QQ this day given by the said Mortgagor[o said ASSOCIATION,and comply � � �
<br /> ,; with ali the requirements o(the Constitution and By-Laws of said ASSOCIATION; then these preunts shall become null and void,otherwise they -
<br /> . shall remain in full force and may be forecloxd at the option uf the said ASSOCIATION after failure for three months ro make any of said �
<br /> �;; payments or be three months in arrears in making said monthly payments,or to keep and comply with the agreemrnts and conditions of said Bond: �
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. . � �
<br /> � IC there is any change in ownership of the real estate mortgaged herein,by sale or otherwise, then the rntirc remaining indebtedness hereby . �
<br /> . secured shall,at the option of'I'he Equitable Building and Loan Auociation of Crand Island,Nebraska,bernme immediately due and payable without � �
<br /> �` further notice,and the amount remnining due under said bond,and any other bond for any additional advances made thereundu,shall,from the �
<br /> �� date of exercise of said option,bear interest at the maximum legal rate,and this mortgage may then be forecloxd 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 Building and Loan Association of Grmd Island, �
<br /> ;� Nebraska for insurance,.taxes and asxssments,and abstracting extension charges, with interest thereon, from date of payment at the maximum � � �� � �
<br /> legal rata . . . .
<br /> As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the � � �
<br /> �z maken of eaid Bond,the'v assigns or successors in interest,which sums shatl be within the security of this mortgage the same as the funds originally �
<br /> ,� � sewred thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgaga � � . . .
<br /> � na�ea ch;: t asy or Apri 1 n.�..19 7g
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<br /> �,�..���K.� �:�� �'-<`-�C�.�.✓
<br /> Mi.chael A. Schw �rrie 5:—Ffa ison
<br />.� e
<br /> ; STATE OF NEBRASKA.t ss �"" "
<br /> y COUNTY OF HALL j �°� 7th day of Qpt'l 1 19 7$ ,before me, ��
<br /> � the undersigned,a Notsry Public in and for said Cowty,personally came � � ��
<br />�� Michael A. Schwieger, a single person and Sherrie S. Madison, a single person 'S: �
<br /> � � who dpe personally known to �`- � � ��
<br /> rtx to be the identical person 5 whose nam� are atfixed to the above insirument as mort agor 5 and thBy severally ` �
<br /> ? i
<br /> acknowkdged the said instrument to be thei r voluntary aM and deed. ' �;',.y, ,
<br />.y , � � � �WITNESS my hand and Notarial Seal the date aforesaid. . "'�-��
<br /> M Commission exp'ves �/yJ� ,�
<br /> CENERAC NOTAIIY•Sfate of Bebnsb
<br /> 1_ ��
<br /> si-s►t tu � � JOY M.BEA2LEY r N P c
<br /> . b1Y Comm.EzD.SepL 1,19i1; � �
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