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<br />0.107.29 JeZFisher, Register. of Deeds,
<br />Hal -L county, lieuraska
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 215873
<br />KNOW ALL MEN BY THESE PRESENTS: That Harold, F. Steckelberg and Ir�ne N. Steckelberg, each
<br />in his -and her own right and as spouse of each other
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Nine Thousand Two Hundred and No/100 ----------------------------------------- DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 92 shares of stock of
<br />said ASSOCIATION, Certificate No. L 21 5 873 do hereby grant, convey and mortgage ullto� the said ASSOCIATION the following
<br />described real estate, situated in -Hall County, Nebraska:
<br />LOT ONE �(l), BLOCK FOURTEEN -(14),
<br />14ALL I CH8` ADDITION TO THE CITY
<br />OF GRAND ISLAND, NEBRASKA
<br />together with all'thc tenements, licreditaments and appurtenances thercunto belonging, including attached floor coverings, all windowscreens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, arid plumbing and water equipme6t and accessories thereto, pumps, stoyes,
<br />refrigerators, arid other fixtures and equipment now or hereafter attached: to or used in connection with said rbal estate.
<br />And whereas the said mortgagor has agreed and ' does hereby agree, that tile mortgagor sliall and will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage arid the bond secured thereby before the same sliall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 9,200.00 payable to said ASSOCIATION and to deliver to iaid
<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 tile terms arid 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 the rents, revenues and income to be derived from the mortgaged premises during such time as,the mortgage indebtedness sliall remain
<br />unpaid; and the mortgagee sliall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br />the same arid 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 tile 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 ofslu:h
<br />default, irrespective'of any temporary waiver of the same.
<br />These Presents, howe.ver, are upon the Condition, That if the said 1%lortgagor sliall 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 arid 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 9 1 200. OP payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance wit i interest at
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no �vaste oil said premises; keep and comply
<br />with all the agreements and conditions of tile Bond for S 9 20 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By -Laws orsaiPACIATION; then iliese presents sliall become null and void, otherwise they
<br />sliall remain in fill ' I force and'iiiay 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 agrdes to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is Sny change in ownership of the real est . ate mortgaged herein, by sale or oilierwise, then tile: entire remaining' indebtedness hereby
<br />secured sliall, at.the option of Tile Equitable Building and Loan Association of Grand Ishind, Nebraska, become immediately due and payable without
<br />further notice, arid the amount remaining due under said bond, and any other bond for any additional advances made thereunder, sliall, from tile
<br />date of exercise V 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 Tile Equitable Building'and Loan Association of Grand Island,
<br />Nebraska for insu.rance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />legal rate.
<br />As provided in tile 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 sliall be within the security of this mortgage the same as the funds originally
<br />secured thereby, ithe total amount of principal debt not to exceed at any time tile original amount of this mortgage.
<br />Dated t11ii5 3 rp��u a y November
<br />d A.D., 19 75
<br />"Ha�old F'. Steck-elberg Irene N. �teckelberg
<br />STATE OF NEBRASKA,
<br />COUN".
<br />on -this 3rd day of November *.ig 75 beforeme,
<br />Harold F. ' Steckelberg and Irene N.
<br />her own : right and as spouse of each
<br />me to be the identical person S whose na 0033M
<br />acknowledged the said instrument to be rE
<br />WITNESS my hand and a do.. llc�l
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Steckelberg, each in his and
<br />other who are personally known to
<br />My Commission expires I (Cl
<br />C go, V ?� I "
<br />EXPIrIES
<br />3-73-2M
<br />7 N 6
<br />to the above instrument as mortgagor S * and - they severally
<br />nd deed.
<br />Notary Public
<br />�1_41
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