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<br />gItMTGAGE 87--1 a 3 ? ,•� 5
<br />MORTGAGE, LOAN NO. L2 79Q
<br />KNOW ALL MEN BY THESE PRESENTS: That Fredrick D. Heuertrlann and Lourdes M. Heuerfnann, each in
<br />t his and her own right and as Forty -One Thousand Six Hundred aandSenof each otter, Mortgaging. whauter Dice or trmre, in nfart of six tit
<br />/ 100 .............................
<br />DOLLARS or
<br />load to sail tnongagor by The Equitable Building and L.imrn Association of Grand Island, Nebraska, Mortgagee, ^�
<br />OW ASSOCIATION, Certificate No. L 24790 do hereby upon 416 sar'esof,codeof
<br />desesibed read estate, situated in Hall County, Nebraska: y Brant, convey and nmrtg�e unto the said ASSOCIATION the foamino
<br />Lot Twenty (20), Block Three (3), in Olde Mill Subdivision, City
<br />of Gram Island, Hall County, Nebraska,
<br />wingl
<br />together with all the tenements hereditament and appurtenances thercur,tu belonging, including attached floor coverings, all window screens,
<br />rcrwnndow shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and waterequipnent and accessories thereto, pumps, stoves,
<br />igerators. and other initiates and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and deers hereby agree that the mortgagor shall and will pay all taxes and aseanents levied or
<br />upon said Prentiss and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />ASSO I (rpm the Policing, on said Premises situated in the sum of s 41 600 OO payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the Policies for said insurance; and not to .oninot sir perm"(anY waste on or about said premises;
<br />In case of default in the performance of any of the terms and conditions of tills mortgage or the build secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the nortgagur hereby assigns, transfers and sets over to the
<br />trntmtgagte all the rents, revenues anti incomne to he derived from the mortgaged premises during such lime as the mortgage indebtedness shall retrain
<br />the allow unpaid; and the mortgagee shall have the p Ower to appoint any agent or agents it may desire for the purpose Of repairing said premises and renting
<br />commisirasandke collecting the incurred revenues eu tand income, and it may pay out Of said income all expenses of repairing said premix, and necessary
<br />g led toward Cite discharge of said roan(• a and managing der carne anG If collecting rentals therefrom; the balance remaining, it any, to be
<br />default viii fvµc indebtedness, these rights of the nwrtgagtr "lay be exercised at any time during the existence of such
<br />a specltvc of any trmpknary weever of the sane.
<br />. These Presents, hdwrcwt. are upon the Condition. it tore said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />payment, lay tronlhlY to said ASSOCIATION Of the sum specified in the lk,nd secured hereby as interest and principal on aid loan, on or before
<br />f the Twentieth day of each and evcry month. ant l said loan is fully paid, pay all taxes and assessments levied against said premix( and on this Mortgage
<br />tad the Bond ASSOCIATION thereby, before dehnyrency. Iormsh approved insurance upon the buildings thereon in the sum of s41, 600.00
<br />to aid ASSOCIATION, repay m said ASSOCATION upon demand all money by it paid fur such taxes, assessments and insurance with interest ate,
<br />the maximum legal rate thereon from date of payment all of which Mortgagor belch Agrees agrees to pay; permit no waste on said premixs;keep and comply
<br />with 311 the agreements arid conditions (.1 the Ildmd for s
<br />with all the requirements of the ('oustrtuton and By- l.awsl>t s6aoil gSOS� ASSOCIATION; r1pN; tiben theserp Presents Mortgagor become null and lvoid, otherwise they
<br />y
<br />droll remain in full farce and may he fun Iosed at the siphon of the said ASS(X'IAHON after failure for three months to nuke any of said
<br />payments or be three months vi arrears in fttaking said monthly payntents, or to keep end comply with the agreements and conditions of said Bond;
<br />and Mortgagor specs to hate a receiser appointed forthwith in such foreclosure pnxerdings.
<br />If there is any cha,otte ors ownership of tore real estate ndsrtgaged herem, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable the amouatt re Building and Loan Association of (;rand Island, Nebraska, become immediately dot and payable without
<br />fluthter notice. stn! training due under said bond, arid any Other bond for any additional advances made thereunder, shall, from tint
<br />date of exercise be said Option, tear interest ad at the maximum legal tale, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />bond. std any Outer bond for adds anal advances, together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br />Nebraska 4x insurance, taxes and aws�snents, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />kcal rate.
<br />As provided in the Wood secured hereby, while this r origage remains in effect the mortgagee may hereafter advance additional sums to the
<br />makers of said Bond, their mlns,,z succxssurs in interest, which sums shall be within the security of this mortgage the same as the funds originally
<br />secured !hercby, the rural amount id principal debt not to exceed at any time or— Original amount Of this mortgage.
<br />ad this 22nd day of
<br />May A. n.. 19 87
<br />ick
<br />taatrt
<br />STATE OF NFMWKA, �
<br />COUNTY OE IIAIJ- s. On this 22nd day of May 19 87
<br />. befate me,
<br />L Fredrick tie underaigmed, a Notary Public in and lot said t'ounty, personally Attu
<br />Of h Otter, and Lourdes M. Heuermann, each in his and her team right and ggs sp se
<br />ow who personally k&DO to
<br />to be the identecal persons .lose mires core are
<br />affixed to the shove mslrimtarna as naurtur S sAnuivilidged the sand iusraumenr their ary act and dee. and t}lE
<br />Y kvrapy
<br />WITNV,1k% niv hand aril Notarral Scal the date afdmcurd
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<br />!say (.'rrrrrxxiaatw cxpirew
<br />I'llimm 41
<br />�6*4 4o4tV Puhhr
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