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<br />I
<br />
<br />MORTGAGE
<br />
<br />88~ 101.528
<br />
<br />MORTGAGE LOAN NO, L 25000
<br />
<br />r
<br />
<br />KNOW ALL MEN BY TIIESE ('RESENTS: That
<br />
<br />Norma J. Havranek, an unmarried person,
<br />
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Fifteen Thousand and no/IOO -----------------------------------------~LLA~
<br />
<br />loaned to said mortgagor by The Equiiable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 1 50 shllI'es of stocle of
<br />said ASSOCIATION, Certificate No. L 25000 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />
<br />Part of the Northeast Quarter (NE%) of Section Ten (10), Township Twelve
<br />(12) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska,
<br />more particularly described as follows: Beginning at the Southeast corner
<br />of the Northeast Quarter (NE%) of said Section Ten (10); thence running
<br />West along and upon the South line of the Northeast Quarter (NE%) of said
<br />Section Ten (10), a distance of One Hundred Eighty (180) Feet; running
<br />thence North on a line parallel to the East Section line of said Section
<br />Ten (10), a distance of One Hundred Four (104) Feet; running thence East
<br />on a line parallel to the South line of the Northeast Quarter (NE%) of said
<br />Section Ten (10), a distance of One Hundred Eighty (180) Feet; thence South
<br />along and upon the East line of said Section Ten (10), a distance of One
<br />Hundred Four (104) Feet to the point of beginning.
<br />
<br />together with all the tenements, hereditaments and appUrlenances thereunto ~Ionging. including attached floor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating. air conditioning, and plumbing and water equipment and accessories thereto, pumps,stoves,
<br />refrigerators, and other fixtures and equipment nuw or hereafter attached to or lIsed in connection with said real estate.
<br />
<br />And whereas the said mortgagor IlJIs agreed and does hereby agree thai the mortgagor shall and will pay all taxes and assessments levied or
<br />assessed upon Mid premises and upon this mortgage and the bond secured thcu:by before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S I 5 , 000 . 00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and nOI to commit or permit an)' waste on OJ about said prcmises;
<br />
<br />In case of default in the performance of any of the terms and comlitions of this morlgage or the bond secured hereby, the mortgagee shall,
<br />on demand, be enti'led to immediate possession of the mortgaged prcmiSL:s and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and income to be deriwd from the morlgaged premises dUIing 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 aad renting
<br />the same and collecting the rents, revenUl"S and income, and it may payout of said income all expenses of repairing said premises and necessuy
<br />commissions and expenses inclIlTed in renting and managing the same and uf collecting rentals therefrom; the baknce remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the morlgagee may be exercised at any time during the existence of such
<br />defalllt, irrespective of any temporary waiver of lhe same.
<br />
<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 ASSOCIA nON 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 e\'Cry month, until said loan is fully paid; pay all taxes and assessments levied against said premises and on this Mortgage
<br />
<br />and the Bond secured thrreby, before delinquency; f umish approved insurance upon the buildings thereon in the sum of S 1 5 , 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 Ihereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on said premises; keep and oomply
<br />
<br />with all the agreements and conditions of the Bond for S I 5 , 0 {) o. this day given by the said Mortgagor 10 said ASSOCIA nON, and comply
<br />with all the 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 the S3id 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 />
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or othelWise, then the entire remaining indebtedness hereby
<br />secure.d shall, at the option of The Equitable Building and Loan Association of Grand Island, Nebraska,bccome 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 exerCl.<e of said option, bear interest at the maximum legal rate, and this mortga!:e may then be forec1os.ed to satisfy the amount due on said
<br />bond, and any other bond for additional advances, together .....ith all sums p3id by said The Equi13ble Building and Loan Assotialion of Grand Island,
<br />Nebraska for insurance, taxes and a5SCssments, and abstracting extension charges. with interest thereon, from date of payment at the maximum
<br />, , Jepl nte.
<br />
<br />As provided in the Bond secured hereby, .....hile Ihis mortgage remains in effel"l 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 oftrus mortgage.
<br />
<br />Dated this . ~jlr~d'YOf
<br />
<br />7(f1/Y/'~ a <'4/1;'J!),
<br />orma J'/f avrane
<br />/
<br />
<br />Harch
<br />
<br />A. D., 1988
<br />
<br />STATH OF NHBRASKA, f
<br />n.
<br />COUNTY OF HALL
<br />Norma J. Havranek,
<br />
<br />On this 23rd
<br />
<br />day of
<br />
<br />Barch
<br />
<br />1~8
<br />
<br />, before me,
<br />
<br />l
<br />
<br />an
<br />
<br />unmarried
<br />
<br />the undersigned, a Notary I'ublic in and for said County. personally came
<br />person,
<br />
<br />who i s
<br />
<br />personally known to
<br />
<br />me to be the id~ntical person wnosc name is aWxed to the ab<l\'e instr'~7n s mortgager and he
<br />acknowledged the said instrumenl to be I: is voluntary aCI and deed. ;:~' <~
<br />W1TNI'SS my hand and Nu~se.a/I the ~\.~~said. / /f 6'" J":/
<br />My {:(lmmi~iull CllpUU / / rJ ..../ / c-?? -) f::i~
<br />~- :~_ Ej .;~ _' .-.>h~~_
<br />. ,_ / N~y~IlC
<br />/
<br />
<br />severally
<br />
<br />IOll1tM ill
<br />
<br />
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