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<br />87_ 106709
<br />(MORTGAGE
<br />MORTGAGE LOAN NO. L 24943
<br />KNOW ALL MEN BY THESE PRESENTS: That Herald G. Bloomberg and Eunice F. Bloomberg, each in
<br />his and her own right, and as spouse of each other,
<br />a�
<br />Mortgagor, whether Otte or more, in consideration of the sum Of
<br />Fifteen Thousand Nine Hundred and no /100 ------------------------------------ - - - - -- pp[-4n
<br />leaned to sad mortwor by Tim Equitable Building and Loan Association of Grand island, Nebraska, Mortgagee, upon 159 shares of Hoek of
<br />said ASSOCIATION, Certificate No. L 24943 . do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />Lot Five (5), in Block Twenty -two (22), in Packer and Barr's Second Additic:n to the City of
<br />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, blinds, storm windows, awnings, heating, air conditioning, and
<br />plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and other 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 lever or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same stall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 15,900.00 payable to said 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 premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate of the morn remises and the mortgagor hereby possession gaged p gag y assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and intone to be derived from the mortgaged prennses during 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 and tenting
<br />the tame and collecting the rents, revenues and income, and it may pay out of said incite all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespective of any temporary waiver of the same.
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loam on or before the maturity of said stares by
<br />payment; pay monthly to said ASSOCIATION 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 every month, until said loan is fully paid; pay all taxes and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of $ 15,900.00 payable
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<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 Tate thereon from date of payment all of which Mortgagor hereby agrees to pay;perm6 no waste on said premises ;keep and comply
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<br />with all the agreements and conditions of the Bond for S 15,900 .00 this day given by the said Mortgagor to said ASSOCIATION, 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 />"
<br />shall 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
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<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 />If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />farther 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 exercise of said option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to satisfy the amount dux on said
<br />boad,and airy other bond for additional advances, together with all sure paid by said The Equitable Building and Loan Association of Gmnd Island,
<br />Nebrasim for iustuance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains in effect 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 of this mortgage.
<br />Dated tjos 16th day of Navember A. D., 19 87.
<br />` ,
<br />R rald G. oolm er�
<br />e.
<br />Eunice F. Bloomberg O
<br />STATNEBRASKA. t ss On this 16th day of Nea r 19 87
<br />me,
<br />.amore
<br />OF HALL
<br />Herald G. Bloomberg and Eunice F. Bloomberg, the undfrsigneSa Notary Public in and for said County ,personallycame
<br />g, each in h
<br />and her own right, and as spouse of each other, who 3ie personally known to
<br />me to be the identical person s whose name s are affixed to the above instrument as mortgagor g and they severally
<br />acknowledged the said instrument to be their voluntary act and deed.
<br />MiTNI-SS my hand and Notarial Seal the date aforesaid.
<br />My Commission expires//
<br />imam as 81amnm awmu Notary Public
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<br />iyr Cauart► � Mw. !l�,1lllK
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