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<br />MORTGAGE - -- - -,__— - -___ --
<br />--- ` - - - -- MORTGAGE LOAN NO.L 24 +449 —.—_
<br />KNOW ALL MEN BY THFSE PRESENTS: That Troy E. Eppert and Kari L. Eppert, each in his and her
<br />Of
<br />(Mn right and as spouse of each other,
<br />Mortgagor, "rttetne_°"e or more, in consideration of we w'°
<br />_�'---------- �oLLARs
<br />loaned to said saongallor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 210 shares of stock of
<br />said ASSOCIATION, Certifiate No. L 24,449 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described teal estate, situated in Hall County, Nebraska:
<br />The Southerly One Hundred Seventy Sever, (177.0) feet of the Easterly One
<br />Thousand Two Hundred Thirty and Seven Tenths (1,230.7) feet of the
<br />Northeast Quarter of the Southeast Quarter (NE -4SE;) of Section Twenty
<br />Four(24), Township Eleven (11) North, Range Nine (9) west of the 6th P.M.,
<br />in Hall County, Nebraska.
<br />together with all the tenements, hereditaments and appurtenances thereunto Munging, including attached Boor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, purttp:,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 assea®ents levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before gab am o said become
<br />ASSOCIATION delinquent: to
<br />to deliver two sapid
<br />insurance upon the buildings on said premises situated in the sum of S 21,000-00 P .
<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 shag,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises 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 renting
<br />the same and collecting the rents, revenues and income. and it may pay out of said income 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 saute.
<br />These Presents, however, are upon the Condition. That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />payment; pay monthly to said .ASSOCIATION of the son specified in the B cod 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 arid assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, befiue delinquency; furnish approved insurance upon the buildings thereon in the sum of S 21 000-00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and instri+ with interest at
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay: permit no wute on said ptemitec koep and comply
<br />with all the agreements and conditions of the Bond for S 21, 000.00 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 />slap remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to maize any of said
<br />payments or be three months in arrears in making said monthly payments, or to keep arid 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 oh The Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />further 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 due on said
<br />bond,and any other bond for additional advances, together with all sums paid by said I he Equitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, arid abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />legal late.
<br />As provided in the Brand secured hereby, while this mortgage remains in effect the rmtrtgagce may hereafter advance additional sums to the
<br />maters of said Bond. their assign or successors in interest, which sums shall be within the security of this mortgage the $ante as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any rime the original amount of this mortgage.
<br />—`luted this J S day of I,� K y A. 1)., 19 $Ci
<br />_........ _ _ - ...... -.. _. _
<br />STATE. OF NEBRASKA,
<br />ss. On this i 5 day of before one,
<br />COUNTY Oh HAI - /
<br />the uudcrxagned, a Notary Public in and Im said County, pertanallycauae
<br />Troy E. L,4jert and Kari L. Lj)pert, each ill his ankh h r UWI1 right JIV. as sIX"N, .Ally " w
<br />are
<br />nre to W the identical person i3 whore namr S Aze', allied In the above irrslrurtxnl as nnottltagor S and 1;lteY severally
<br />u:knowledw4J the tint instrument Io ere ley sir a,Vtl niilly act and deed
<br />i
<br />wfrNl:ti� my tyr�xij ►twaria(,WR#1Rfelat,,rrar,t 1
<br />Notary Publta
<br />
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