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<br />010096 Of P�age:
<br />JePFisher, lReggister, of Deeds,
<br />MORTGAGE Hall County, Nebraska
<br />MORTGAGELOANNO. L 21842
<br />KNOW ALL MEN BY THESE PRESENTS: That David B. Bartz and Kathleen A. Bartz, each:in his and
<br />her 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---- ------------------ 7---- DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 235 i sharesofstockof
<br />said ASSOCIATION, Certificate No. L 21842 do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />THE SOUTH FIFTY-SIX (56) FEET AND EIGHT (8) INCHES
<br />OF THE NORTH ONE HUNDRED AND SIXTY (160) FEET OF:THE
<br />WEST ONE-HALF (W-1,) OF BLOCK TWO (2) IN PLEASANT HOME
<br />SUB.DTVISrON OF PART OF THE -EAST HALF OF THE'SOUTH-EAST
<br />QUARTER CE -1, SE -Q- OF SECTION TWENTY ONE (21) IN TOWNSHIP
<br />ELEVEN Cll)-, NORTH, RANGE NINE (9) WEST OF THE 6TH P.M.,
<br />HALL:COUNTY�, NEBRASKA.
<br />together with all tile tenements, hereditan ents and appurtenances thercunto belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, licating, air conditioning-, and plumbing and water equipment and accessories tli�reto,'pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />Add whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and a'ssessme nts' levied or
<br />assessed upon said premises and upon' this mortgage and the bond secured thereby before the same shall become delinquent; Xo furnish approved
<br />. nsurance upon the buildings on said premises situated in tile sum Of S 23.e5OO . 00 payable to said ASSOCIATION and to deliver to said
<br />—Ir
<br />ASS.00IATION the policies for said insurance; and not to commit or permi 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 tile 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 tile mortgaged premises during such time as the mortgage indel3tedness 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 tile discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time during the exIstence ofsucli
<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 Mortga&
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of S2 1. 3,500.00 i3ayable
<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 />tile 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 23 5 00 . 00 this day given by tile 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 �oid, 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 receiveir appointed forthwith in such foreclosure proceedings.
<br />If there is any change in ownership of the real cstate mortgaged herein, by said or otherwise, then the entire remaining indebtedness liereby
<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 />Nelisaska 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 secure
<br />d hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to tile
<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 />secu t of principal debt not to exceed at any time the original amount of this mortgage. -
<br />of ber A D 19 75
<br />David B. Ba�tz Ka*theen A. Bartz
<br />STATE OF NEBRASKA, ss. On this Ist
<br />COUNTY OF HALL
<br />DaYi*d B. Bartz and Kathleen A..Bartz, each
<br />own right and as spouse of each other
<br />day of October 1976 , before me,
<br />undeMwe� a Notary Public in and for said County, personally came
<br />int%is a er
<br />�ho are D;ersonall-,i known to
<br />me to be the identical person S whose name s affixed to the above
<br />nrkno_WjCd&P.0 �ke said instrument to be thei r voluntary act and deed.
<br />WITNESS/myUWdjan Notarial Seal the date aforesaid.
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<br />;7 441-
<br />mortgagors and.: they severally
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