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<br />�tpRpFllht, Jeal(/Fisher, Register. -of Deeds',
<br />MORTGAGE Hall County, Nebraska -
<br />MORTGAGE LOAN N0. ' L 21-,794 GI
<br />KNOW ALL MEN BY THESE PRESENTS: That Larry M. Hettler and Mary Ann Hettler, each i n hi s ' and
<br />i
<br />her owns right . and as spouse of each other, Mortgagor, whether one or more, in consideration of the sum of
<br />Nineteen 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 198 shares of stock of
<br />said ASSOCIATION, Certificate No. L 21 ,794 GI , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real 'estate, situated in Hall County, Nebraska:
<br />i
<br />LOT FOUR (4) IN BLOCK TWENTY-TWO (22)
<br />IN PACKER & BARR'S SECOND ADDITION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />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 water equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or 11@reafter attached to or used in connection with said real estate. i
<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 S 19 ,800. 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 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 1lortgagor 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 19 ,800. 00 j 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 19 800. 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 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 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 />furt'ier 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 jmaximum
<br />legal rate.
<br />As provided in thc`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, j
<br />Date his 28th day of .:August A. D., 19 75
<br />Larry M Hettler Mary Ann Hettler
<br />STATE Or NEBRASKA;. ss. On this ' 28th day of `.August 1975 , before me,
<br />COUNTY OF HALL
<br />the undersigned, a Notary Public in and for said County, persoinaljy came
<br />Larry M. Hettler and Mary Ann Hettler, each in his and her'own right and as spousejof
<br />each other, who are personally known to
<br />Kne-tribe-thaidenticaLpe;,Ap_S� whose name s are affixed to the above instrument as mortgagor S and they 1 severally
<br />�acknowlged the saiERRn OT}�Y t el r voluntary act and deed.
<br />WIT "{ S rx, 9 fsffd N tarial Seal the date aforesaid.
<br />N1WCbtim1lssi6nexpiress
<br />/ 7 otary Public
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