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<br />il11CROF11MEG ieli isher,':Register.of Deeds,
<br />MORTGAGE Hall County; Nebraska
<br />MORTGAGE LOAN NO. L• 21 3766
<br />KNOW ALL MEN BY THESE PRESENTS: That ..Thomas A. Oshlo and•Myra L. Oshlo, each' in his and her own
<br />right and as spouse of the other,
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Twenty Thousand Eight Hundred and No/100------------- DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,.Nebraska, Mortgagee, upon 208 shares of stock of
<br />said ASSOCIATION, Certificate No. L 21 ,766 , do hereby grant, convey and mortgage unto;•the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT THIRTY (30) IN GEER SUBDIVISION OF LOTS 6,.7, & 8 -OF GARRETT'S SUBDIVISION
<br />IN A PART OF E 2 OF•SECTION NINE (9), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9)
<br />WEST OF THE 6TH P.:M., HALL COUNTY, NEBRASKA.
<br />EXCEPTING THEREFROM TRACTS OF GROUND MORE PARTICULARLY DESCRIBED IN DEED RECORD
<br />139 PAGE 83 AND DEED RECORD 160 PAGE 173
<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 water equipment 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 the bond secured thereby before the same shall become delinquent;. to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of $2O800.00 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, the mortgagee shall,
<br />on demand, be entitled to immediate possession 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 premise's 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 sucli
<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 or. this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of S .0 80O O(� payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments an�insLrance w'ih 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 20 1,800. 00 this day given by. the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By -Laws of said ASOCIATION; 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 hereby
<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 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, 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 this mortgage 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 15th day of August A. D., 197 /
<br />Thomas A. Oshlo Myra L.,Oshlo,
<br />STATE OF NEBRASKA, ss. On this
<br />COUNTY OF HALL 1 5th day of August . 1975 , before me,
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Thomas A. Oshlo and Myra L<.�Oshlo, each in his and her own right and as- spouse of the other
<br />'=: L• G, i; Who are personally known to
<br />me to be the identical person ;s "�vliose nameSr� dl^e affixed to the above instrument as mortgagor S and they severally
<br />- is ;' .. ,
<br />acknowledged the said instrument to be thel,l"�1) voluntary act and deed.
<br />WITNESS my hand and Notarial Seal }the date aforesaid.'
<br />My Commission expires v�ct -7, /9.7.6
<br />7. Notary Public
<br />3a3 -2M
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