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9' 7 B ook-Z-7/
<br />a t
<br />Filed f or. reco.r+
<br />J e Fisher, Register of Deeds,
<br />010051. Hall County-, Nebraska
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 21841
<br />KNOW ALL -MEN BY THESE PRESENTS: That Norman R.. Bennett and Eleanor F. Bennett, each in his
<br />and her own right and,as spouse of each other,
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Twenty-four'Thousand-Nine hundre&"and No/100 -------------------------------
<br />,loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 249 shares'of stock of
<br />said ASSOCIATION, Certificate No. L 21841 do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estaic, situated in Hall County, Nebraska:
<br />.A TRACT OFIAND COMPRISING A . PART''OF LOT SIX C6) OF VOSS SUBDIVISION OF PART OF THE
<br />SOUTHEAST QUARTER OF THE SOUTHWEST -QUARTER (SE -,SW'-,) AND PART OF THE SOUTHWEST QUARTER
<br />OF THE SOUTHEAST QUARTER (SW,,SEQ OF SECTION ELEVEN C11.), T014NSHIP ELEVEN (11) NORTH,'
<br />RANGE NINE -(9) WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA, AND MORE PARTICULARLY
<br />.DESCRIBED AS FOLLOWS: 'BEG -INNING AT THE SOUTHEAST CORNER OF SAID LOT SIX (6).; THENCE
<br />RUNNING WEST ALONG THE SOUTH LINE OF LOT 6 A DISTANCE.OF THREE HUNDRED SIXTY-THREE
<br />AND FIVE TENTHS (.363.5) FEET; THENCE RUNNING NORTH,.'AT-RIGHT ANGLES TO -THE SOUTH LINE
<br />OF LOT -6, A DISTANCE OF TWO HUNDRED EIGHTY-SEVEN (-287.0) FEET; THENCE RUNNING -EAST,
<br />PARALLEL TO THE SOUTH LINE OF LOT 6 A DISTANCE OF THREE HUNDRED SIXTY-TWO AND FIVE
<br />TENTHS (362.8) FEET TO A POINT ON THE EAST LINE OF LOT 6; THENCE RUNNING SOUTH ALONG
<br />THE EAST LINE OF -LOT 6 A DISTANCE OF TWO HUNDRED EIGHTY. -SEVEN (287.0) FEET TO THE
<br />POINT OF BEGINNING.
<br />together with all the tenements, liereditaments and appurtenances thercunto belonging, including attached floor coverings, all window screens,
<br />window shades, bl i inds, storm windows, awnings, licating; 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 tile 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 tile same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in tile sum Of S 24 900 - 00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION tile 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 assigns, transfers and sets over to tile
<br />mortgagee all thejents, 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 tile 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 �*cxpenscs incurred in renting and ma�aging the same and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied toward thedischarge of said mortgage indebtedness; these rights of the mortgagee, may be exercise'd 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 �surn specified in the Bond secured. hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each arid every month, until said loan is fully paid; pay all taxes and a.ssessments 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 24 . 900.00 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 agree.s1to pay;permit no waste on said premises;keep and comply
<br />with all the agreements and conditions of the Bond for s 24 900 . 00this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all tile requirements of tile 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 tile entire remaining indebtedness hereby
<br />secured shall, at tile 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, fromMle
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortga�e 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 IsNnd,
<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 2,7th- day of September A.D., ig 75
<br />-7t4
<br />Norman R. Bennett Eleanor F. Benn-ett'-
<br />STATE OF NEBRASKA, ss.. On this 27th day of September 19 75 beforeme,
<br />COUN'.
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Norman R. Bennett and Eleanor F.*r5ennett each in his and her
<br />who are personally known to
<br />0% nd.as spouse of each other
<br />to t I , erson S whose names affixed to the above ins trument as mortgagor S and they severally
<br />t he i r voluntary act and deed.
<br />ac. 16dgefd.� d trumcnt to be
<br /><AWTN S my hand and Notarial Seal the date aforesaid.
<br />1 S.r�, 10 �,My Q-9 ission expires
<br />el VO ary Public
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