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TGAGE 87. 106376
<br />MOItTGAGN". LOAN N4. L, 24930
<br />KNOW ALL MEN BYTIIk.SHPRE.SIIN'S:11hat Dennis ,T, Fiedler and E. Uarlyn Fiedler, each in his and
<br />her own right, and as spouse of each other,
<br />Tweet Three Thousand Two Hundred and no/ 100 Mott one or more, in oft of DOUAM
<br />w by T Equitable end Lean then of Grand Y 232 O of
<br />said ASSOCIATION, Cent No. L U , do hereby grant, convey and mortgage unto the said ASSOCIATION the f
<br />described " estate, situated in Mail County, Nebraska:
<br />Lot Two (2), C.W.C. Subdivision, in the City of Grand Island, Hall County, Nebraska.
<br />together with all the tenements, hereditalmms and appurtenances thereunto helnging, 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 />reffillaniters, and otter fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />assessed upon amid premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />imucaucc upon the bawd on said premises situated in the sum of S 2 3 , 200.00 payable to said ASSOCIATION and to deliver to will
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any waste on or about said premises;
<br />In case of default in the perfortrance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee sae,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgatice all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indlebtedrese shall remain
<br />unpaid; and the mortgagee sell have the power to appoint any agent or agents it may desire for the purpose of repairing will premises and renting
<br />the sous and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said premises and necessary
<br />j commissions and expenses incurred in renting and managing the sawed and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied towatd the discharge of said mottgage, indebtedness; these rights of the mortgagee may be exercised at any time during the existence of sitch
<br />de suit, irrespective of any temporary waiver of the mare.
<br />Tieae presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said cares by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on mid loan, on or before
<br />the Twentieth day of each acrd every moth, until said loan is fully paid; pay all taxes and assessments levied against saill premises and on this Morigaplo
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the Bunn of $ 23 , 200.00 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 rate thereon from cute of payment all of which Mortgagor hereby agrees to pay; permit no waste on said premises;keep and comply
<br />with all the agreements and wnditions of the Bond for 5 23 200.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and Bylaws of said ASSOCIATION; then these presents dell become null and void, otherwise they
<br />remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of said
<br />payments or be three months in arrears in nuking mid mwnthly payments, or to keep and comply with the agreements and conditions of mid Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any change in ownership of the real estate nwrtpgcd herein, by sale or otherwise, then the entire ivninining indleftednes hereby
<br />ascured d", at its option of The Equitable Building and Loan Association of Grand Idand,Nebraska,lecomo immediately due and payable without
<br />further notice, and the ammunt renaming ing due wider said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />due of exacise of still option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to satisfy the t due on said
<br />blind, and any other band for additional advances, together with all suns paid by said The Equi table Building and Loan Association of Grand
<br />Nebraska
<br />fir insurance. tam and assessments. and abstracting extension charges, with interest thereon, from date of payment at the
<br />rase.
<br />As provided it the Bond secured hereby, while this mortilage retrains in effect the mortgagn may hereafter advance additional surms to the
<br />makm of , then assigns or successurs in interest, which suns shall be within the security of this mortillige the sane as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed of any tine the original amount of this tram
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