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<br /> � � 7 8--� !��)2 9►14
<br /> MORTGAGE
<br /> �, MORTGAGE LOAN NO.L 23,111
<br /> ,; KNOW ALL MEN BY THESE PRESENTS:That Leo Li ske and Maxi ne M. Li s ke, each i n hi s and her
<br /> own right and as spause of each other
<br /> + � Mortgagor,whether one or more,in consideration of the sum of �
<br /> ; Forty Four Thousand and No/100------------------------------______________________ �LLAxs
<br /> ' loaned to said mortgagor by The Equitable Building and Luan Association of Grand Island,Nebraska,Mortgagee,upon sharcs of siock of �
<br /> :�i suid ASSOC[ATION,Certificate No. L 23�111 ,do hereby grent, convey and mortgage unto the said ASSOCIATION the following � .
<br /> described real estate,situated in Hall County,Nebraska: .
<br /> t i
<br /> t LOT EIGHTEEN (18), WEST BEL AIR FIFTH
<br /> ` SUBDIVISION, CITY OF GRAND ISLAND, HALL � � �
<br /> �f
<br /> j COUNTY, NEBRASKA.
<br /> , �
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<br /> , j
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<br /> �'.��j together with all the tenements,hereditaments and appurtenances thereunto belonging,including attached tloor coverings,all window screens, s;`�
<br /> ��� ? window shades,blinds,storm windows,awnings,heating,air cunditioning,and plumbing and water equipment and acaswries thereto,pumps,stoves, � ''
<br /> ,' ) .� refrigerators,and other fixtures and equipmrnt now or hereafter attached to ur used in connection with said renl estata . c>'
<br /> i And whereas the said mort or has a reed and does hereb a rce that the mort a or shall and will �
<br /> '�i SaB B Y B g g pay aIl taxes and asxssments levied or
<br /> ? . assessed upon said premius and upon this mortgage and the bond secuIed thereby before the same shall become delinquent;to fumish approved
<br /> ��� � insurance upon the buildings on said premises situated in the sum of S 44����.�� payabie to said pSSOCIATION and ro defiver to said
<br /> �,� � ASSOCIATION the policies for said insurance;and not fo commit or permit any waste on or about said premises; .
<br /> � In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee ahall,
<br /> on demand,be entitled to immediate posussion of the mortgaged premius and the mortgagor hereby assigns, transfers and sets over to the
<br /> � � mortgagee all 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 mortgagee shall te�ve the power to appoint any agent or agents it may desire for the purpose of repairing said premises and rrnting � '
<br /> the same and coilecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and neassary
<br /> . commissions and expenses incurred in renting and managing the same and of collecting rentals thercfrom;the balance remain3ng,if any,to be � �
<br /> ��.� . applied toward the diuharge of said mortgage indebtedness;these rights oC the mortgagee may be exercised at any time during the existmce of such �.
<br /> defautt,irrespective of any temporary waiver of the same. .
<br /> �� These Presents,however,are upon.the Condition,That if the said riwtgagor shall repay said loan on or beCore the maturity of said shares by
<br /> payment;pay monthly to said ASSOCIAT[ON of the sum specified in the Bond secured hereby as interest and principal on said loan,on or before
<br /> � the Twrntieth day af each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage ��
<br /> and the Bond xcured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of 5 44,000•�� a able
<br /> to said ASSOC[AT[ON;re a to said ASSOCIATION u n demand al!mone b P Y ��
<br /> P Y po y y it paid for such taxes,assessments and insurance with interest at
<br /> .� the maximum legal rate thereon from date oC payment ap of which Mortgagor hereby agrees to pay;permit no waste on said prerttixs;keep and comply �
<br /> �; with all the agreements and conditions of the Bond for$ 44�Q�� QQ this day given by the said Mortgagor to said ASSOCIATION,and comply ��
<br /> with atl the requirements of[he 6onstitution and ByLaws of said AS$b�IATlON;then theu presents shau become null and wid,otherwiu they �
<br /> .� � ahall remain in full force and may be foreclosed at the option of the said ASSOC[ATfON after failure For thrce months to make any of said � � �
<br /> payments or be three months in arrears in making said manthly payments,or to keep and comply with the agreements and conditions of said Bond; �
<br /> -i and Mortgagor agrees to have a receiver appuinted forthwith in such foreclusure proceedings. � � � � �
<br /> ; If there is any change in ownership of the real estate mortgaged herein,by rale or otherwiu,then the entire remaining indebtedness hereby � �
<br /> ,F, secured sha11,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without .
<br /> _}. further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the � � � � �
<br /> date of execcist of said option,bear interest a[the maximum legal rate,and this mortgage may thrn be foreclosed to satisfy the amount due on ssid � � �
<br /> :y bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building end Loan Assoclation of Grand ialand, ��� �
<br /> ��{ Nebraska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment a[ the maximum ' � �
<br /> legil rate.
<br /> � As provided in the Bond ucured hereby,while this mortgage remains in effect the mortgegee may hereafter adrance additional sums to the . � -
<br /> ` makers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds originally � ���
<br /> l.. securcd thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgaga . �
<br /> ° naua cw�, 12th aay or May p.D.,i9 78
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<br /> �.5 � � d� 57 Ke "
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<br /> � STATE�FNEBR�SKA�}ss• Oa this 12Lh da of Ma 19 �$ ,before me, "�-=
<br /> �,} � COUNTY OF HALL� Y y �
<br /> d -� ' � - . � the undersigned,a Notary Public in and for said County,perwnally came � � z' �
<br /> �, Leo and Maxine M. Liske, each i n hi s and her own r'i ght and a�h�spo��� of�e��F�y9to��o � �'` `
<br /> � " McK,�.
<br /> �: ¢
<br /> �� t� R 1 raon 5 whosr neme 5 �are aff`ixed to the above instrument es mortgagoz S and th2y xverally x .4 �
<br /> r�� ,arJ�o�edged�(IZelgid' nwent io be tI12j P voluatary act and deed_ m : aca��
<br /> �S � ��N�1'ARY - �my hand and Notarial Seat the date aforesaid. 1\.,..� ��
<br /> �4�'� Cp�u1MISSlOid � 2 ` +.,
<br /> ;� . EJCPIR`5 MqCo� i�aion expires _)� �- n � �
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<br /> 7w.w;::.••. S`� `��� � Not ubtic
<br /> � ��OF NEg�P �
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