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is
<br />103786
<br />1I0111r[IGAGE
<br />MORTGAGE LOAN NO. L 24,825
<br />KNOW ALL MEN BY77iMPRF5EN7S:That Michael J. Osbert; and Susanne I Osberg
<br />each in his and her own right and as spouse of each other.
<br />Sixty -Seven Thousand -Six Hundred boo /100 - - - -- Mortpgter,wit'"b"tnssorin=,m conedderailion of60 seen of
<br />----- ----- ----- --- --- - -° DOLLARS
<br />— --
<br />Woad to said mortepefor by The Fifuttabie fluddingand Lima Association of C,raod Island, Nebnica, MortpAee, upon 676 dorm Of sonic of
<br />said ASSOCIATION. Certificate No. L 24,325 do hereby gent, convey and mo tseffe Into the said ASSOCIATION the folowing
<br />deacrbed mid values, situated in ball county, Mena ca:
<br />Lot Six (6) in Block 1, in lfprmandy Estates, an Addition to the
<br />'
<br />City of Grand ISLAND, HALL CO®NTY, NEBRASKA
<br />ppdm with all the tenements, heratitaoems and appurtenances thereunto belonging, including attached four cneerkV, all window sceeni,
<br />window dades, blip, storm windows, awl, fecal"M, sit cnditionng, and plumbing and water equipment and accessories thereto,pmmpa,,teres,
<br />m6i@waums, and other foaturs aced equipment now or Item-after attached to or used in connection with said real estate.
<br />And whereas the said mortgugm has agreed and does hereby agree that the mortgagor shins and lean pay all taxes and a neseensts levied or
<br />anasrod uptm said pee uses and upon this mortgage and the bond severed thereby before the same daY become me t; to f smelt approved
<br />mentance upon the budding& on and premiss situated in the sum of E 67 , 600.00 payable to aid ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any waste on or about said premun;
<br />in case of default it the performance of any of the terms and conditions of this mortgage or the bond cared hereby, the nwn@ a shall.
<br />as demand, be entity to knme&mc postession of the mortgaged premises a l the mortpgor hereby simigne, traalfer& and sets ova to the
<br />me ii @ all the tests, revenues and itmmme to be derived from the mortgaged premses daring such tare as the mortgage indebtedness shall rawAat
<br />rnupwid; and the mortp®se AA hose the power to appoint any agent of agents it rosy desire for the purpose of tapearneg mid ptaarwes and r
<br />the acme sad Collecting the touts, revenues and income, and it may gay out of raid income all expenses of and srae®ry
<br />commmkm and expanses incurred in renter and maregirig Ibe mite and of collecting tlerefrmer; the beWnce if to be
<br />rentals remaining, any,
<br />applied toward the flucharge and aud mo ; thew fights of the mortgagee may be exercised at any time during the existence of each
<br />evespettev r of any tempomay waives or the ante.
<br />.
<br />Thar prawns, however. arc upon the Condition. Taut d the said Mortgagor %W repay said ban on or before the maturity of said dram by
<br />psymaM; pay montedy to ail ASSOCIATION of the am specified in the Baal geared hereby as interest and principal on said , on or believe
<br />the Twimeisth dry of asch and every month. auead said lose ea fatly paid; pay all taxes and asumenents levied against sun presents and an thin Mottpp
<br />and the Bond secured thirieltv, before fureash approved insurance upon the buiMinga th atanr is the =in of $ 67 600.00 Pat+
<br />to and ASSOCIAT ONE mepay to said ASSOCIATION upon demand all money by it paid for such taxes, anc=menu and ' with' at
<br />do numemem ko rate thereon from date of payment all of which Mostgaeor hereby agrees to pay; pemnt no waaeon said pie ; keep and comply
<br />with III the amememeet, and cmulitions of the Sond for s 6 7, 600.0" day given by the said Mottpgor to rid ASSOCIATION, sad comply
<br />week all the feqmmwtms of the Constitution said By 4LAws of said ASSOCIATION; then these presents sib become MO and void, othe win thry
<br />Chid mutant in fell faros and may be foreclosed at the opts of the ad ASSOCIATION alter faillum for three moods to make any of said
<br />poliannius or be three morithe in arrears in makmet said monthly payments, in to keep and comply with the agdemesis and conditions of said Bond;
<br />and lillorteptent agrates to have a raceivea appointed forthwith in such foreclosure proceedings.
<br />If time is say Change in ownership of the teal estate mortgaged herein, by ode or otherwise, then the entire hereby
<br />atAUOd sue, tl Me a"nn of The FAudslak Building and Loan Association of Grant Island, Nebrisd a.beaume ' xamedutedy due and payable without
<br />farther entice, and the due sod bond, and any other bad for any additional advanoa , shell, from the
<br />&ft of seeress of and ova. bow toward at the nummmm legal rate., and this mortgage may than be fa eckned to steady, the a cwt un mid
<br />beed,and say other bond fa addKong advancos. twither with all sums paid by sad The Egartd;k Building tied Low Aar of Gned behind,
<br />tidmm u for ' NWAMM. team abstracting extension charges. with uttered theme, from daft of payment at the mincemeat
<br />had rice.
<br />As paw in the Bond accused hem ity, whale the mortgage reasons in effect de mortgagee may dareafter advance additional ms to the
<br />s of Bond, tree ig is interest, be
<br />said or secoessurs winch rats stud walham the security of this the awe as the funds originally
<br />mater d thereby, the tots amount of principal debt not to exceed at cry time the original amount of this mwtgW-
<br />DOW this, 29th of June A. D.. 19 87
<br />7
<br />_Michael s
<br />2
<br />Susanne ItOsber
<br />BTATE NEBRASKA. On ebb 24th day of June 19 87. before tae.
<br />COUNTY OF HAt.1.1))
<br />x�
<br />ar. Michael J Osberg and Susanne I Osberg, each igwhlis a }ie, %n ri fat and as spit se °m
<br />of each other. who are personally known to
<br />me to be the Wheinkad person a whose new u are affixed to the above instrument as motrialents and they --aft
<br />S*Nwbdvd the and, ' wasumem to be their volematy ad and o .. ,
<br />WITWM my hoW and Notate SW the date aforeasid 1
<br />My Convenience Titetims -0"f
<br />- Notary
<br />Meson as
<br />n
<br />tF «t
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