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<br />008923 of Page /tea
<br />'jealdrii0horj Register. of Deeds,
<br />MORTGAGE Hall County, Nebraska
<br />MORTGAGE LOAN NO. L 1,733
<br />KNOW ALL MEN BY THESE PRESENTS: That Alfred C. Deck and Cynthia Deck, each in his and her
<br />own right and as spouse of each other
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Twenty Three Thousand FiVe'Hundred and No/100-------------------- ------------
<br />-=- =-DOLLARS
<br />loaned to said mortgagor by The Equitable Buildingand Loan Association of Grand Island, Nebraska, Mortgagee, upon 235 shares of stock of
<br />said ASSOCIATION, Certificate' No. L 21,733 , do hereby grant, convey and ntoitgage unto the said ASSOCIATION -the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT THREE .(3) AND THE EAST ONE-HALF (E -Ii) OF ,LOT FOUR (4), IN MICROFILMED
<br />BLOCK .FOURTEEN (14), IN BOGGS AND HILL'S ADDITIONTO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />together with all the tenements hereditaments and appurtenances thereunto belonging, including attached floor coverings, 'all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and waterequipment and accessories thereto, pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<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 premises and upon this mortgage and dile bond secured thereby before the �same shall become delinquent - t6 furnish approved
<br />insurance upon the buildings on said premises situated in thesum'of S 23, 500.00 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 />In case of default in the performance of any of the terms and'conditions of this mortgage !or the bond secured hereby, tile"*mortgagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby iassigns, 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 have the power to appoint any agent or agents it may desire for the purpose of repairing said premises 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 balance remaining; if any, to be
<br />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 Presents, 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 of the sum specified in the Bond secured 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 all taxes and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of S 23,500.00 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 premises;keep and comply
<br />with all the agreements and conditions of the Bond for s 23 ,500.00this day given by the said Mortgagor to said'ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By -Laws of said ASSOCIATION; then these '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 of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness Irgreby
<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 of said option, bear interest at the maximum legal rate, and this mortgage may 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 Association of Grand Island,
<br />Nebraska for insurance, taxes and iassessments, 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, while this mortgage remains in effect the mortgagee may, hereafter advance additional sums to the
<br />makers of said Bond, their assigns or successors in interest, which sums shall be within the security of thismortgage the same as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any time the original amount;of this mortgage.
<br />Dated this / 25thday of July D.; 19 75
<br />Al..red C. Dec { i a Deck,
<br />STATE OF NEBRASKA, ss. On this 25th da of July 19 75, before me,
<br />the u dersigned,.a Nota Public in and for said Count , erso all c me
<br />Alfred C. Deck and Cynthia Deck, -each in his -and 'her own, right an� as,spouse oil � CN gt,rn,
<br />who are personally known to
<br />me to be the identical person S whose name s are affixed to the above instrumlerit as mortgagor: S and they", severally
<br />acknowledged the said instrument to be their voluntary act and deed.
<br />WIT1Vgkj�V4.n6pB4)Nota ial Seal the date aforesaid.
<br />My Cd'rfiffiIiiii8h fugi •c�Y.
<br />of Nebraska
<br />My C _sion Expires
<br />37 1✓ .='� 197 `� ��
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