Laserfiche WebLink
�A <br />Account No. 18138 <br />" REAL ESTATE MORT GAGE <br />RICHARD"F. WERNER and• MAUREEN A. WERNER husband and wife, herelgnfter <br />._..........................................................................:...............................................................................................»........»............................ <br />called the "Mortgagor", does hereby mortgage the following described real estate: <br />. ......Lot One(.l.).:. Block....Qt3......1.)....,..�Si:?:strnads...Estat.es... Second.:.... :..:..:..:..: <br />.....I........... <br />Subdi <br />vision, Section 35 - 11 - 10, Hall Coun 4y-,,,.. �Tek�raska..._......_........_........... <br />._.....................................................................................:....... <br />...:..:..:...:................................................. .................. .......::............:.:.................._............».. <br />........................ <br />4P <br />................. .:............................_............................................................:.:.........................---..........................:...................:..........::..............:.........:...::.:..:....:.... <br />.............................................................................._......................................................................................................................_.................... ......... �E <br />_..........................».........................................:.....::.................................................................................::_........................................_.._...._......_..................... <br />hereinafter called the "premises", to Bell Federal'Credit Union, hereinafter called the "Mortgagee", in consideration of the <br />amount financed by the Mortgagee in the sum °t Four Thousn, <br />... Hulrldx.,?d.... and... No,/1.00ths <br />Dollars- - -: - - — - — -- — — » -QD ) of which is hereby acknowledged,and in <br />ls...�bOIJ.; receipt 4i <br />consideration of covenants and agreements hereinafter set forth: i <br />PROMISSORY NOTE: This mortgage is given to secure payment of the amount financed together with interest, according to } <br />the terms of the Mortgagor's, promissory note of this date. f <br />ADDITIONAL ADVANCES: This mortgage shall secure any additional amounts financed together with interest, which may be <br />made, at the mortgagee's option at any time before the release of this mortgage provided, the aggregate amount secured shall <br />not exceed the maximum amount permitted by law, except that nothing herein contained shall be considered as limiting the <br />advances secured herein which are made to protect the security or made in accordance with covenants contained in this f <br />mortgage. <br />WARRANTY: The Mortgagor hereby covenants with the Mortgagee that the !viortgagor is lawfully seized of the premises, that <br />the premises are free from encumbrances; that Mortgagor has good, right and lawful authority to convey the premises, and that <br />the Mortgagor warrants and will defend -the title against the lawful claims of all persons whomsoever, except ......... . +' <br />and Loan � A,G ; ,_ <br />%911bj.ect....to...1st...A1.0rtga.g.e....hald...byr....T.he.... Equitabl..e....Bii •1•disc}......................... .-_ate.. i <br />,l <br />Balance <br />...................... <br />........................».........._........_........_.........._....»...._........_........_..._........................._................ <br />OWNERSHIP: If there is any change in the ownership of the premises by sale or otherwise, then at the election of the Mort- i <br />gagec the unpaid balance of the amount financed including additional amounts financed together with interest shall become <br />due. and payable at once without demand or notice. <br />INSURANCE AND TAXES: The Mortgagor shall maintain fire, windstorm and extended coverage insurance upon the premises <br />in an amount not less than the indebtedness due the Mortgagee with a loss -payable clause in favor of Mortgagee. The Mort- d <br />gagor agrees not to commit nor permit waste on the premises. The Mortgagor shall. pay all the taxes, levies and assessments <br />upon the premises before they become delinquent. In the event the Mortgagor shall fail to obtain insurance or pay taxes and <br />other liens before delinquent, the Mortgagee may either pay them, creating a lien secured hereby for the amounts so advanced r <br />together with interest at the annual percentage rate of twelve per cent (120/) ; or consider Mortgagor in default. p <br />DEFAULT: The Mortgagor is in default if any of the terms and conditions of this mortgage or the promissory note or notes <br />secured hereby are breached. Upon default, the Mortgagee without demand or notice may declare the entire debt secured by <br />this mortgage due at once and may foreclose this mortgage for the satisfaction thereof. 6 <br />RENTS: All rents and profits derived from the premises are hereby assigned to the Mortgagee and upon default such -rents <br />and profits shall.be paid directly to the Mortgagee to be applied against the unpaid balance of any and all advances secured <br />hereby together with interest. Upon default the Mortgagee shall be entitled to- imctcdiatc possession of the premises. The <br />Mortgagor irrevocably appoints the Mortgagee and its assigns and successors his attorney-in-fact to rent, manage and main- <br />tain the premises as it deems best, and the Mortgagor further agrees to pay said attorney a reasonable fee for such services. <br />� 19 /._... <br />Signed this ._»......... ................ day of ._ .:L%....%�iLC ..._.................... `S <br />Richard -F. wernex <br />Maureen A. Werner <br />................................... <br />STATE OF. ...........................Mortgagor <br />COUNTY OF._...%L. <br />Before me, a Notary Public qualified for said count�•r,Jpersonally�came u <br />.-Ri.chard...F......Ne•rner•-•and... Maure-e.n... A ... Werne.r........... ,, :.. ........... . l <br />. t�r1 <br />to me known to be the identical person who st ned the foregoing.,tnsttu a t'and a;kriowl <br />edged the execution thereof to be thgj r„_..._........--, voluntary act and•ldced:!? J1�J <br />6 l <br />WITNESS my hand and notarial seal on ._..... - ).` ............19.. <br />✓ ................... t <br />Notary Public <br />My Commission Expires: �' 1 �• 7 .S <br />_......» ..... i <br />II <br />c <br />h <br />t <br />l� <br />o <br />° <br />j v. <br />° <br />U <br />Q <br />O <br />O <br />to <br />r <br />v <br />A <br />F <br />�.N.V <br />a <br />, <br />o <br />w <br />w <br />F <br />F_ w to <br />LuN <br />- <br />U Q a <br />° <br />cd <br />W <br />¢ <br />Q W <br />W7 <br />4 °. <br />y <br />C4 <br />O <br />U <br />[C O Z <br />W <br />W <br />7 <br />z <br />x <br />0 <br />i <br />W <br />0° Q <br />W N <br />Z <br />Wtr. <br />QP <br />. <br />o <br />U ' <br />° <br />a <br />WW <br />—jS <br />O <br />x <br />W <br />° <br />_ <br />m <br />F <br />C <br />° <br />BFCU Form 105 <br />, /3 <br />