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<br /> MORTGAGE
<br /> .f MORTGAGELOAN NO. L 23_092 MGIC � �
<br /> IQVOWALLMENBY'fHESF.PRESENTS:That Dana J. Mark dfid Renate Mark, eBCh lfl h15 and her OW►1
<br /> right and as spouse of each other
<br /> � Mortgagor,whether one or more,in consideration of the sum of � "
<br /> Thirty Seven Thousand Three Hundred Fiftv and No/100-----------------------______ �rrs�
<br /> � loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 373 share�of stock of . ��
<br /> ; said ASSOCIpTION,Certifirate No.L 23��92 MGICao hereby grant, convey and mortgage unto the said ASSOCIATION the following � �
<br /> described ceal estate,situated in Hall County,Nebraska: . � .
<br /> LOT EIGHT (8) IN BLOCK FIVE (5) IN COUNTRY CLUB SUBDIVISION
<br /> BEING A PART OF THE EAST HALF OF THE NORTHWEST QUARTER (E2NW;)
<br /> ' OF SECTION TWENTY EIGHT (28) IN TOWNSHIP ELEVEN (11) NORTH
<br /> RANGE NINE (9) WEST OF THE 6TH P.M. IN HALL COUNTY, NEBRASKA.
<br /> together with all the tenements,hereditaments and appurtenances thereunto belonging,including attached (loor coverings,all window screens, � � � �
<br /> window shades,blinds,siorm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, . �
<br /> ; rcfrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estata �� . �
<br /> And whereas the said mortgagor has agreed and does hereby agrce that the mortgagor shall and will pay all tazes and asxssmrnts levied or � �
<br /> asussed upon said premises and upon this mortgage and the bond secu t by {�efore the same shall become delinquent;[o Curnish approved ��
<br /> insurance upon the buildings on said premises situated in the sum of$ ������.DU 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; � �
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<br /> �� �� In cau of default in the performance of any of the rerms and conditions of this mortgage or the bond xcured hereby,the mortgagee shall, � � �
<br /> on demand, be entided to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and uts over to the ' � -
<br /> mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the moRgage 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 premi:es and renting . � � � �
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary � . � � � .
<br /> commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balanee remaining, if any,to be � �
<br /> - appiied toward the discharge of said mortgage indebtedness;these rights uf the mortgagee may be exercised at any time during the existence of such � �
<br /> de(ault,irrespective of any temporary waiver of the same. � � � ..
<br /> , j Theu Pmscnts,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity af said shares by �� �
<br /> payment;pay monthly to said pSSOC1qT10N of the sum specified in the Bond secured hereby as interest and principal on said loan,on or beforc ��
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay aU taxes and assessments levied against said premises and on this Mortgage �. � . -� ..
<br /> and the Bond secured thereby,before delinquency;fumish approved insurance upon the buildings thereon in the sum of S 3�,350.Q� payable ' � � �
<br /> to said ASSOCIATION;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 thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premius;keep and comply � � .� .
<br /> with all the agreements and conditions of the Bond for S 37,350.00 this day given by the said Mortgagor to said ASSOCIATION,and comply � � � �
<br /> with all the requirements of thc Constitution and By-Laws of said ASSOCIATION;thm theu presents 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 of said
<br /> payments or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and conditions oC said Bond: � � �
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. � � �
<br /> �� It there is any change in ownership of the real estate mortgaged herein,by sale or otherwiu,then the ent"ue remaining indebtedness hereby �� �
<br /> ! secured shall,at the optioa of The Equitable Building and Loan Association of Grand Island.Nebraska,becrome immediately due and payable without � �
<br /> Ctuther notice,and the amount zemaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the
<br /> date of exercise of said option,bear interest at the ma�cimum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said
<br /> bond,and any other bond tor additional advances,together with alt sums paid by said The Equitable Building and Losn Association of Crand Island, � � �
<br /> Nebraska for insurance,taxes and assessments,and abstracting extrnsion 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 hereaRer advance additiona!sums to the
<br /> . :.� makers of said Bond,their assigns or suecessors in intercst,which sums shall be within the security of this mortgage the same as the funds originally � �
<br /> �� xwred thereby,the total amount of principal debt not to exceed at any time the original amount of ihis mortgaga � �
<br /> «a cn�s 2nd aay or May A.D.,i9 78
<br /> �
<br /> a ar
<br /> ' Renate Mark
<br /> STATE OF NEHRASKA,��. On thi3 2nd day of Mdy 19�8 ,before me, -T �` h �
<br /> � COUNTY OF HALL -� �
<br /> 1 � the undersigned,a Notary Publlc in and for said County, erson lly came
<br /> r Dana J. Mark and Renate Mark, each in his and her own right and as spouse of eac�h ot�er � ;'^
<br /> = . . • � � � � who are personallyknown to `
<br /> ,�� � metobetheiden �'• �'A�4 '' �`� =���'
<br /> ,�r��g1LS ,,� f x name5 dT'E? affixed to the above ins[rument as mortgagor S and tf12y xverally
<br /> ; acknowledged bad'uisti�tmefit-td�b�� ' hE�►' voluntary aet and deed. �, . }� .
<br /> + `VWI�lNESS my hgn8��{I risl Seal the date aforesaid.
<br /> � ,M}'C�i�kaot�e£puEa p�.—�<i�G�
<br /> l,; E.+�t 5 ; 7. /98�
<br /> 0.1.YN RI yM ��.� 7 �q� : Notary Public
<br /> .�� r .�°z` �
<br /> .,�F.!JF Af E�'r�'�
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