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<br /> �$_ U03043
<br /> MORTGAGE
<br /> i MORTGAGE LOAN NO. �Z3 �1 H
<br /> KNOWALLMENBYTHESEPRESENTS:That David L. Thuernagle, 8 single person
<br /> ,;{
<br /> !- ___Mortgagor_whether one or more,in consideration of the sum of � . . ,,'.
<br /> • Twenty Eight Thousand and No/100---------------- �oLtAtts
<br /> loaned to said mortgagor by The Equitable Building and L,oan Association of Grand Island,Nebraska,Mortgagee,upon 28� shares of stock of
<br /> said ASSOCIATION,Certificate No.L 23 s��8 ,do hereby grant, convey and mortgage unto the said ASSOC(ATION the following .
<br /> described real estate,situated in Hall Counry,Nebraska: .
<br /> LOT ONE (1), IN ABRAHAMSON'S SUBDIVISION OF BLOCK FORTY TWO
<br /> (42) OF CHARLES WASMER'S SECOND ADDITION TO THE CITY OF ,
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> together with all the tenements,hereditammts and appurtenanms thereunto belonging, including attached floor coverings,all window ureens, - s^:'
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and acttuories thereto,pumps,stows, T-��
<br /> . refrigerators,and other fixtures and equipment now or hereafler attached to or used in wnnection with said real es[ate. � .
<br /> � And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or -
<br /> assessed upon said prcmises and upon this mortgage and the bond secured thereby befure the same shall become delinquent;to furnish approved � . il
<br /> insurance upon the buildings on said premises situated in the sum of S Z$.Q��.�Q payable to said ASSOCIATION and to deliver to safd � c;:
<br /> .� � ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said prertuses;
<br /> .� In case of deCault in the performance of aay of the terms and conditions uf this mortgage or the bond secured hereby,the mortgagee shall,
<br /> on demand,be entitled to immediate posseuion of the mortgaged premises 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 premius during such time as the mortgage indebtedneu shall remain %�-,��
<br /> mpaid;�and the mortgagee shall have the power to appoint any agrnt or agents it may desire for the purpose of repairing said premises and renting
<br /> + � the same and colleMing the rents,revenues and income,and it may pay out of said income all expenses of rcpairing said premises and necessary
<br /> � commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be
<br /> app lied toward the discharge oC said mortgage indebtedness;these rights of the mortgagee may be exercixd at any time during the e�tistence of such�
<br /> default,irrespective of any temporary waiver of the same. �
<br /> These Prexnts,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 oC the sum apecified 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 alt taxes and assessments levied against said premius and on this Mortgage � ���
<br /> i and the Bond secured thereby,before delinquency;fumish approved insurance upon the buildings thereon in the sum of$ 2-8 s���.�0 payable �
<br /> �� to said ASSOCIATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with intercst at
<br /> .,,� the maximum legal rate thereon from date oC payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply �
<br /> �-.� with all the agreements and conditions of the Bond for S 2$ Q(1� np this day given by the said Mortgagor to said ASSOCIATION,and comply �
<br /> ;t with all the requiremen[s of the Constitution and By-Laws ofiaid A$$OCIATION;then these presents shall become null and void,otherwise they � �
<br /> . shall remain in fuU force and may be foreclosed a[the option of the said ASSOC[ATION aher faiture for thrce 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 oF said Bond;
<br /> ..�.� and Mortgagor agrees to have a mceiver appoin[ed forthwith in such foreclosure proceedings. - �
<br /> ; � !f there is any change in ownership of the real estaie mortgaged herein,by sale or otherwise,thrn the rntire remaining indebtedness henby . �
<br /> ' secured shall,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 exercise oCsaid op[ion,bear interest at the tnaximum legal rate,and this mortgage may then be Coreclosed to satisfy the amount due on said � �
<br /> bond,and any other bond tor additional advances,together with aIl sums paid by said The Equiteble Building and Loan Association of Grand Isiand, - �
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum �
<br /> legal rate. . . .
<br /> � As provided in the Bond secured hereby,whik this mortgage remains in effect the mortgagee may hereaftu advance additional sums to the �
<br /> ' makers of said Bond,the'v assigns or successors in interest,which sums shall be within the security of this mortgage the same as the tunds originally �
<br /> �i � xcured�thereby,the total amouni of principal debt not to exceed at any time the original amount oC this mortgaga �
<br /> � Dated thu 19th. day or May A.D.,197$
<br /> } . � �t/�� �� �l-in..o i r�. S .
<br /> ? David L. Thuernagle
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<br /> �� STATE OF NEBRASKA, � On this 19th. aay oe Ma 19 .,,�--- �
<br /> COUN7Y OF HALL� ,Y 7$ .before me, �
<br /> a$ � � � � � � the undersigned,a Notary Public in and for said County,personally came � � ;
<br /> �� David Thuernag7e, a single person �ry:-
<br /> �+x+ M��. . � , . � who �5 personally known to � �%
<br /> �' �N q� son whose name �5 affixed to the above instrumrnt as mortgagor and he ]fdUbFl�d( �'
<br /> 'i �6wl�ed�ged dl�a�n nt co ee thei r wluntary act and deed_ rai1t'
<br /> NOTARY-�iVtTN �my hand and Notuial Seal the date aforesaid. n .°�;�s '^�'
<br /> 't �` COMMISSlO ��� � �/ �j J\ y�
<br /> ,j } . EXPIRES�l�tCo ' n expires �;� V j�` � '{$� � � ��\�
<br /> t •.����u8.�31�1`�•`,�Q• � ary Public � .
<br /> : ��FOf NEB�PS
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