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Fil d for recor t
<br />f a 2
<br />M.,i- ri Bo k
<br />Page--,,- �,F a
<br />JZ Fisher, Regist"er of Deeds,
<br />Uall Cotitity, Nebraska
<br />MORTGAGE
<br />MORTGAGELOANNO. L 218i4
<br />KNOW ALL MEN BY THESE PRESENTS: That Leo Liske and Maxine Li.ske, each in his and herown
<br />right and a5'spouse of each other, Mortgagor, whether one I or more, in consi . deration o . f the sum of
<br />Nine Thousand and-No/-100� --------------------------------- ; -------------------- I ------- DOLLARS
<br />loaned'to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 90 shares of stock of
<br />said ASSOCIATION, Certificate N6. L �,8jj do hereby grant, convey and 'mortgage unto the said- ASSdCIA�ION the following
<br />described real estate, situated in Hall Coun� raska;
<br />THE SOUTHERLY ONE HALF OF THE NORTHERLY ONE HALF
<br />(S3 -,N-,) OF LOT ONE (1) AND THE SOUTHERLY -ONE HALF
<br />OF THE NORTHERLY ONE HALF (S -',N -l-,) OF THE EASTERLY
<br />FOURTEEN (14) FEET OF -LOT TWO (2) ALL IN BLOCK -
<br />TWELVE (12) IN ARNOLD AND ABBOTT'S ADDITION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />together with all the tenements, hereditaments and appurtenances thercunto 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 %�hercas the said mortgagor has agreed and does hereby'agree that the mortgagor shall and will pay all takes and assessments levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before tile same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in -the sum of S 9 , 000. 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 tile bond sebured 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 arfd income to be derived from the mortgaged premises during suchtime asthe 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 Present s, however, are upon the Condition, That if tile 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 tile Bond secured thereby, before - delinquency; furnish approved insurance upon the buildings thereon in the sum of$ 9,000.00 pay�ble
<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 premis.es;keep and comply
<br />with all the agreements and conditions of the Bond for S 9 Poo. 00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the ' requirements of the Constitution and By -Laws o 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 />further notice, and the amount remaining due under said bond, and any other bond for any additional advances madethercund.er, 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 paymept at tile 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 assignsior 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 />ated this day of A. D., 19
<br />I Oth S.e.ptemBer 75
<br />A
<br />Leo.Lisk.e Maxine Liske
<br />STATE OF NEBRASKA,
<br />. SS' On this I Oth day of.
<br />September'
<br />1.19 75 beforeme,
<br />COUNTY OF HALL
<br />the undersigned
<br />Leo Liske and Maxine Liske'. each in his and her own
<br />a Notary Public in and for said
<br />right and as spouse of
<br />Countyj personally came
<br />each other,
<br />who are
<br />personally known to
<br />C
<br />to AhQ ersonS whose'name S are affixed to the above instrument as mortgagor S
<br />and' they severally
<br />�c edCiA'ii�;6�%said I trume'nt to be their voluntary act and deed.
<br />A"T
<br />r"10TA::,41 _�ATN my hand and Notarial Seal the date aforesaid.�
<br />m N" I S S 10 -
<br />'Ni co ission expires
<br />EXPIRES ";(16
<br />Notary Public
<br />
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