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<br /> �8, U02577
<br /> MORTGAGE
<br /> �, MORTCAGE LOAN NO. 23�091 � �e
<br /> r.
<br /> KNOW ALL MEN BY THESE PRESENTS:That Daryl V. Bei 1 ke and E1 eanora M. Bei 1 ke, each 7Il hl S
<br /> and her own right and as spouse of each other
<br /> ` _—_Mortgagor,whether one or more_in consideration of the sum of ; � � �. ,.
<br /> ' Twenty four Thousand and No/100----------------- ----------��tA�
<br /> � loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon shams of stock of � ��
<br /> ��i said qSSOCIATION,Certificate No.L 23.�91 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following . ..
<br /> described real estate,situated in Hall County, Nebraska: �� ,
<br /> ;
<br /> THE NOR7H FIFTY TWO RMD FOUR TENTkS (52.4j PEET OF LQT'
<br /> NINE (9) IN BLOCK FOUR (4), KOEHLER PLACE, AN ADDITION
<br /> h
<br /> TO THE CITY OF 6RAND ISLAND, NEBRASKA.
<br /> together with all the tenements,hereditaments and appurtenances thereunto belonging,including attached tloor coverings,all window screens, �
<br /> ' �window shades,blinds,s[orm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessorits thereto,pumps,stoves, � � �U:.
<br /> i . rcfrigerators,and other Fxtures and equipment now or hereafter attached m or used in connection with said real estate. . . . . .
<br /> ;� And whereas the said mortgagor has agreed and does hereby agree that the murtgagor shall and will pay all taxes and assessments levied or
<br /> ��j ,�, essessed upon said premises and upon this mortgage and die bond secured thereby before the same shall become de6nquent;to furnfsh approved
<br /> .� insurance upon the buitdings on said premises situated in the sum of$ Z4,��U.�� payable to said ASSOCIATION and to deliver to said
<br /> ,.� - ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises;
<br /> � � /n case of defau�t in the performance of any o(the terms and conditions of this mortgage or the bond sewred hereby,the mortgagee shall, .. �"',
<br /> on demand,be entiUed ro immediate posussion of the mortgaged prcmises and the mortgxgor hercby assigns, transfers and uts over to the
<br /> mortgagee ail the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain �
<br /> ;{ unpaid;and the mortgagce shall have the power to appoint any agent or agents it may desire for the pur u of re airin said � �''""�"'�
<br /> �..�. the same and rnllectin the rents,revenues and income,and it ma P° P 8 premises and rrndng :
<br /> 8 y pay out of said income all expenses of repairing said premixs and necessary
<br /> � commiuions and expenses incurred in renting and managing the same and of collecting rmtals thercfrom; the balance remaining,if any,to be ...
<br /> ��`j applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such �
<br /> �� � default,irrespective of any temporary waiver of the same. � �
<br /> � � These Preunts,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or beFore the matuzity of said sharcs by
<br /> �} � payment;pay mon[hly to said ASSOCIATION of ihe sum specified in the Bond ucured hereby as interest and principal on said(oan,on or before �
<br /> ,� the Twrntieth day of each and every month,until said loan is fully paid;pay all taxes and assessmmts levied against said premises and on this htortgage �
<br /> and the Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of 5 24�0�0.�� payable
<br /> ��� to said pSSOC1ATlON; repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at '. �
<br /> ' . the maximum legal rate ihereon from date of payment all o£which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply �
<br /> i
<br /> � � with all the agrcements and conditions of the Bond for$ 24�OOO.00this day given by the said Mortgagor to said ASSOCIATION,and comply � �
<br /> with all the requirements of the Constitution and ByLaws 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 oC said � �
<br /> 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�j and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. ', . .. � �.
<br /> r' IC there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,then the m[ire remaining indebtedneu hmeby � .
<br /> ;� secured shall,at the option of The Equitable Buflding and Loan Association of Grand[sland,Nebraska,become immediately due and payable without �
<br /> •-t � � further notia,and the amount remaining due under said bond,and any other bond for any additional advances made thereur�der,shall,from the �
<br /> ;* � date of exercise of said option,bear interest at the maximum tegal rate,and this mortgage mey 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 Building and Loan qssociation of Grand Island, �
<br /> Nebraska for insurance,taxes and auessmmts,and abstracting extension charges, with intercst thereon,from date oC payment a[the maximum � -
<br /> �j. .� � legal rata . :
<br /> #� � As provided in the Bond secured hereby,white this mortgage remains in effect [he mortgagee may hereafter advance additional sums to the
<br /> -'��. makers of said Bond,their assigns or successors i�interest,which sums shall be within the security of this mortgage the same as the funds originally . . . �
<br /> ,i��� � � secured thenby,ihe total amount of principal debt not to exaed at any time the original amount of this mortgage. � -
<br /> { Dated Uils .LSt� day of May A.D.,t9 7$ � �
<br /> ',t
<br /> #� � ��fi f�i��.It� CL�f2^-�-i�A �� .. . 0
<br /> ;� Eleanora M. Beilke
<br /> � STATE OF NEBRASKA,i�. On this p
<br /> COUI�i'1'Y OF HALL r � �y of m A� 19 7Q .before me,
<br /> '� `� � � � the deraigne , Notary Public in d for id County,peraonal! came �'
<br /> Daryl V. Beilke and Eleanora M. Beilke, each in �is anc� �er own rig�i't an� as spouse o� each � µ
<br /> "�� � ;.. Oth2!" . . . . .. � � .� who d Y'2 P�raonally known to 4;�.
<br /> ;� . . .. . . ��► ..
<br /> �me to 6e the identIcal perwn s whose„ame s are aft'ixed to the above inst ent as mor[gagor an they severallY �.: �
<br /> ;� acknowledged the�rid instrument to be thei r �i,,,,s�y,M�„a aeea. � �«r
<br />"! WITNESS my hand and Notr�� S t the date aforesaQid. `
<br /> i My Commiasion expirea ��/�!� �3j�l�p�
<br />,�$
<br /> i s�.s�f gi ���iM�rMY�r otary ublic
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