|
Filed f or recol n
<br />0
<br />of.Deeds �111/,�
<br />jc,�jj T,. s -I
<br />j.3 suar
<br />Hall County, Nebraska
<br />4ORTGAGE
<br />MORTGAGE LOAN NO. - L 21,879
<br />KNOW ALL.NIEN BY THESE PRESENTS: That Ronald J. Breiner and Beverly K. Breiner, dach in his
<br />and Her.own right and as spouse. -of each other,
<br />Mortgagor, whether one or more, in consideration of the surn of
<br />Thirteeri Thousand and No/100---� --------------------------------- ------------------ DOLLAR�
<br />loaned to said mortgagor by The Equitable Building and Loan Association ot Uranci Island' Nebraska, Nlortgagce, upon 130 of
<br />1" shares of stock
<br />said ASSOCIATION, Certificate No. L 21 879 do hereby grant, convey a , hd mortgage unto the said ASSOCIATION tile follo�.ving
<br />described real estdtc, situated in Hall County, Nebraska:
<br />LOT FIVE (5),.EXCEPT THE WESTERLY FOUR
<br />(4) FEET THEREOF, IN BLOCK TWOJ(2) IN
<br />MEVES FIRST ADDITION TO THE CI
<br />GRAND ISLAND, HALL COUNTY, NEBI
<br />together with all.the tenements, liereditanients and appurtenances thereunto belo
<br />window shades, blinds, storin windows, awnings* ' licating, air conditioning, and plumb
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used ii
<br />And whereas the said mortgagor has agreed and does hereby agree that the nl(
<br />assessed upon said premises and upon this mortgage and,the bond secured thereby
<br />insurance upon the' buildings oil said premises situated in the slim of sl 3 000 . 00
<br />ASSOCIATION tlW policies for said insurance; and not to commit or permit any wast(
<br />Ili case of default in the performance of any of tile. terms and conditions of th
<br />oil demand, be efititled to immediate possession of tlie;mortgaged premises and til
<br />mortgagee all tile ients, revenues and income to be derived from the mortgaged prerr
<br />unpaid; and the m6rtgagee sliall have the power to appoint any agent or agents it mal
<br />the same and collecting the rents, revenues and income, and it may pay out of said i
<br />commissions and- expenses incurred in renting and managing the same and of colle(
<br />applied toward tile discharge of said mortgage indebtedness; these rights of the niortj
<br />:_ _.:-:"_r _, :., -r.t �
<br />OF
<br />ging, including attached floor coverings, all window screens,
<br />ng and water equipment and accessories thereto, pumps, sto yes,
<br />connection with said real estate.
<br />rtgagor shall and will pay all taxes and assessments levied or
<br />efore the same sliall become delinquent, to furnish approved
<br />. payable to said ASSOCIATION and to deliver to said
<br />on or about said premises;
<br />mortgage or the bond secured hereby, the mortgagee shall,
<br />inoitgagor hereby assigns, transfers and sets over to tile
<br />ses durin- such time as tile mortgage indebtedness shall remain
<br />desire for the purpose of repairing said premises and reni.ing
<br />[come all expenses of repairing said premises and necessary
<br />ing;rentals therefrom; the balance remaining, if any, to be
<br />igee..niay be exercised at any time during tll� existence of such
<br />These Presents, however, are upon (fie Condition, That if the said Mortgagor sh'all repay said loan on or before the maturity of said shar"*by
<br />payment; pay mojithly to said ASSOCIATION of the s ' uni specified in the Bond sec6red hereby as interest and principal on said loan, oil or before
<br />the Twentieth day'of each and every month, until said loan is fully paid; pay all taxes �nd assessments levied against said premises and on th:'. Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon t I lie buildings thereon ill the surn of S 13, 000. 00paya*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 legal7rate thercon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste oil said premises; keep and comply
<br />with all the agreements and conditions of the Bond for S 13 , 000. 00this day giJen by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requ , trenients of the Constitution and By -Laws of said ASSOCIATION; thlen these presents sliall become null and void, otherwise they
<br />shall remain in full force and may be foreclosed at the option of tile said ASSOCI . ATION after failure for three months to make all%, of siaid
<br />payments or be three months in arrears in making said monthly payments, or to keei) and comply with tile agreements and conditions ofsaid Bojid;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure procebdings.
<br />If there is any change in ownership of tile real estate mortgaged herein, by sale or. otherwise, then the entire remaining indebtedness lierhy
<br />secured shall, at tile option of The Equitable Building and Loan Association of Graild� Island, Nebraska, become immediately due and payable witlibut
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, sliall, froni.the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this illorigage may then be foreclosed to satisfy tile amount due on gaid
<br />bond, and any other bond for additional advances, together with all sums paid by said lie - uitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, wiih inwest thereon, from date of payment at the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains in effeit the mortgagee may hereafter advance additional sums to tile
<br />makers of said Bond, their assigns or successors in interest, which sums shall be will , iin' the security of this mortgage the same as the funds originally
<br />secured thereby, the tqtal amount of principal debt not to exceed at any !ime the orj�inal amount of this mortgage.
<br />Dated this .1 2,hh day of November A. D., 19 7 5
<br />RoAdld J. Brener BeverIY7. breiner
<br />STATE OF NEBRASKA, � ss. 01, thi, . s- I 2th day of November 19 7 5 , be fore tile,
<br />COUNT'
<br />the unde signed, a Notary Public in and for said County, p�rsonally came
<br />Ronald J. Breiner and Beverly K. Breiner, each in his and her
<br />own right., and as spouse of each A Iq � who are personally known to
<br />y .
<br />a .
<br />me to be the identical person S whose nam a P ti c abovD instrument as mbrtgagor S a ri�d they severally
<br />9.. , .1
<br />t It
<br />acknowledged the said instrument to be UyqzNil d.
<br />WITNESS my hand and Not CsRh�6q�qv?f(
<br />;toy
<br />My Commission expires L,
<br />. t F)Ce F
<br />ix . . 1!�V
<br />Notary Public
<br />3-73-2M &%%�.k 7
<br />OF tl
<br />
|