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<br />MORTGAGE s'-- 103761
<br />MORTGAGE LOAN NO. L 24,819
<br />KNOW ALL MEN BY THESF, PRESENTS: That Brad L. Harder and Sharon L. Harder a /k /a Sharon J. Harder,
<br />each in his and her own right and as spouse of each other,
<br />Mortgagor, whedw one or more, in consideration of the sees of
<br />Twenty -Five Thousand Six Hundred and no/100 ------------------ — -------- - ---- ------ -ppl��
<br />leased ha =W by The FAuitabk Bmldarg i d Lane Assocgtton of Grand Ind, Nebraska. Mortmw. vpm 256 ehaa f Molt of
<br />said ASSOCIATION. Certificate No. L 24,819 , do hereby grant, coney and m ortgalle unto the aid ASSOCIATION the fallowing
<br />described red estate, situated in Hall County, Nebraska:
<br />Lots Thirty —Seven (37) and Thirty —Eight (38), in Hawthorne Place, an
<br />Addition to the City of Grand Island, Hall County, Nebraska,
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />window shades, bonds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories tbereto,pusups'goves,
<br />rafnigetators, and otter fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And where= the said motgillof has agreed and does hereby agree that the mortgagor shall and will pay all taxes and immessments levied or
<br />seemed upon said premises sod upon this mortgage and the bond secu ed thereby �efare the sat=e stall become delinquent; to furnish approved
<br />iauaroe the buddio on said premiss situated in the sum of f X25, 60U.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for sod misuranor; and ruff to comical or permit any waste on or about said premiss;
<br />In cam of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mMppe doll,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />monpgoe all the rents, revenues and income to be derived from the mortgaged premiss during such time as the mortgage indebtedness shall ma=sh
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing aid premises and renting
<br />the ame and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said premiss and necessary
<br />cowAinKm and expenses incurred in renting and managing the am and of collecting rentals therefrom; the balance retraining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; tees rights of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespective of any tem=porary waiver of the same.
<br />Thew Presents, however, are upon the Condition. That if the said Mortgagor stall repay said loan on or before the maturity of said slams by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the [kind secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and every month, until said Icon is fogy paid; pay all taxes and assessments levied against said premiss and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved tnsuratxe upon the buildings thereoa in the win of $ 25, 600.00 payable
<br />to said ASSOCIATION. repay to aid ASSOCIATION upon demand all money by it paid for such t axes, assessments and insurance with interest at
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no wage on said premises; keep and comply
<br />with an the agreements and conditions of the Bond for s 25, 600.00 this day given by the said Mortgpr to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and Bylaws of said ASSOCIATION; then thew presents shall become null and void, otherwise they
<br />loll remain in full fora and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of said
<br />payments of be three months in urcars it making said rrxmthly payments, of to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor gees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any chagc in ownership of the real ewte nmrtgelled herein, by ask of otherwise, then the entire refraining indebtedness hereby
<br />saetued A", at the option of The Equitable Building and Loaf Assocnti -n of Grand Island, Nebradra, become immediately due and payable without
<br />further notice, and the amourst missmaing due under said bond, and any other bond for any additional advances mark thereunder, shall. front the
<br />doe of emcee of said option, bear mtcnW at the maxims kcal rate, and this mortgage ray then be foreclosed to satisfy the amount due on said
<br />humid. 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 ' mmranoc, taxes and aaearaemu, and abstracting extenskm charges, with interest thereon, from date of payment at the maximum
<br />bvd rate.
<br />As provided in the bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter dvm« additional site to the
<br />residents of said Bond, their asupas in successors in interest. which sums shall be within the security of lids mortgage the sane as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />nimd thwa 19th day of June A. D., 19 87
<br />aract . nArner
<br />Sharon L- Harde a /k /a Sharon J. Harder
<br />STATE OF NEBRASKA' ss. On this 19th day of June t9 87 , befoe Ice,
<br />COlJNTY OF HALL
<br />the undersigned. a Notary Public it and for said county, personally came
<br />Brad L. Harter and Sharon L. Harder a /k /a Sharon J. Harder, each in his and her owrl right
<br />and as spouse of each other, w1w are personally knftn to
<br />sea to be the Acatical person s whose ame S are alined to the above instrument as mortgagor s and they wwragy
<br />aokmcwkAWd the aid scaftirmant to be their wlentay act and deaf.
<br />TATNESS my hand and Noted Scat the date aforesoid. )
<br />My Co expires
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