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<br />Jeat rth:er�,:Reai'��Zejr of =eed�
<br />Hall County, Ndbra'ska
<br />MORTGAGE
<br />L
<br />MORTGAGE LOAN NO. 21849
<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, Mortgagor, whether one or more, in consideration of the su r of
<br />Twenty-four Thousand and No/100 ----------- — ---------------------- r�z��� DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 240 shares of stock of
<br />said ASSOCIATION, Certificate No. L 21849 do hereby grant, convey* and mortgage unto the said ASSOCIATION the f . ollowing
<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,�,
<br />) OF BLOCK TWO (2) IN PLEASANT HOME
<br />SUBDIVISION OF PART OF THE EAST HALF OF THE SOUTH-EAST
<br />QUARTER (E -,SE-,) OF SECTION TWENTY ONE (21) IN TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M.,
<br />HALL COUNTY, NEBRASKA.
<br />together with all the tenements, hereditaments and appurtenances thcreunto belonging, including attached floor coverings, all window screens,
<br />window shades, b ' linds, 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 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 the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of s 24 , 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 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 mor(gage indebtedness; these rights of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespectiv6 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 sharesby
<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 />tile 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 24 , 000. 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 thcreon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on said premises; keep and com . ply
<br />with all the agreements and conditions of the Bond for s 24 , 000 . 00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all tile 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 tile 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 tile 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 otlierwl;se, then the entire remaining indebtedness lier:eby
<br />secured shall, at the option of Tile Equitable Building and Loan Association of Grand Isl6nd, Nebraska, become immediately due and payable witflout
<br />further notice, and tile amount remaining due under said bond, and any other bond �or any'additional advances made thereunder, shall, froril 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 tile funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />Qed this day of October A. D., .19 75
<br />David B. Bartz Kathteen A. Bartz
<br />STATE OF NEBRASKA, ss. On this 1 Oth day of October 1975 before me,
<br />COUNTY OF.HALL
<br />the undersiAned, a Notary Public in and for said County, personally came
<br />David B. Bartz and Kathleen A.'Bartz, each in his and her own right and as spouse of each
<br />other, who are personally known to
<br />me to be the identical person S whosenames are affixed to the above instrumen"s-me t agorS and they severally
<br />n).
<br />Ig
<br />acknowledged the said instrument to be. their voluntary act and deed.
<br />JAIIJLI�j 'N,
<br />G[My_Q,qmrjji�pion,ex
<br />%�ITNESS-my-hand-and Notarial Seal the date aforesaid.
<br />Pi s
<br />S!r!c of
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<br />L__� Notary Public
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