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Dated thix 22nd day of AUgUSt A_ D-, IQ 8b
<br />dy nristi
<br />4-
<br />STATE. 01; NERRLAS KA, On this 22nd day of August 19 bb ,before me,
<br />COUNTY Of- HAIR.
<br />the undersigned. a Notary Public in and tot said County, personally came
<br />'hrizdt,:J.ari Wicto, ,fill (.mVly,, L. Wicht, each in his and tier own right gnd as spouse each
<br />c W 0 are personsityl- known to
<br />fur to be the 1&in" .1 it,illic .-ire affixed to the above utiounarni as tusirgalt and ' hey severally
<br />rwwlcdged the wo) inii-root to Ine I, ioluntary act
<br />WII NJ St%w hi"il ,J Ih, dice
<br />talk tM 01 NwAlk K1111x
<br />a.. ga few
<br />X61*61
<br />o6.. 10478.4
<br />MORTGAGE
<br />MORTGAGE LOAN NO. 2 608
<br />1 . ..... .
<br />l(NOW ALL MEN RY THESE PRESENTS: That Christian Wicht and Gladys L. Wicht, each in his and
<br />her own right a.9 e of other,, Mortgagor, whether one or more, in consideration of ft sum of
<br />Po=d
<br />. 10
<br />Thousand 0- — --- — --------- — -------- — — -- =I)OLLARS,
<br />Twenty T
<br />Joined to said mortgagor by The liquitable Building and Loan Association of Grand Island, Nebraska, 141ortswe, upon 280 slsacn atoelt of
<br />said ASSOCIATION, Certificate No. L . do hereby grairt, convey and mortgage unto the said AM
<br />24,608 SOCIATION the following,e
<br />'described real estate, situated in Hall County, Nebraska:
<br />Lot One (1), in Block Two (2), in Island Acres Nutittler Two (2),
<br />being a replat of Lots One (1), Two (2), Three (3), Five (5),
<br />Six (6), Seven (7), in Island Acres, a subdivision in the City
<br />of Grand Island, Hall County, Nebraska.
<br />Ai
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window semen, -'
<br />vAndow shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accestofies thowto,pumps,stoves.,
<br />-
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in cormee tion 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 k%*d or - -'.
<br />.assessed upon said premises and upon this mortgage and the bond secured thereby before "the same shall become delinquent; to ibmish approved
<br />insurance upon the buildings on said premises situated in the sum of S 2 8 000.00 payable to still ASSOCIATION and to deliver to said
<br />insurance: any
<br />ASSOCIATION the policies for said; co�andnottowmartiorperiant" waste on or about said premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgatge or the bond secured hereta We
<br />Y, the Mortg shall;
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfen and sets over to the"
<br />mortgagee all the feats. revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness, shall
<br />repairing said premises and renting
<br />unpaid; and the nx)Ttpgcc shall have the power to appoint any agent or agents it may desire for the purpose of r
<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 raftestairy
<br />the balance remaindrig,� any, to be
<br />commissions and expenses incurred in tenting and managing the same and of collecting rentals therefrom; if
<br />W midebtedrieter. these rights of the mortgagee may be exercised at any t z;ostzrme of such
<br />applied toward the discharge of said mortgage ine during the
<br />default, irrespective of any temporary waiver of the same.
<br />These Presents, however, arc upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said sham by
<br />payment. pay monthly to said A.S.- SOC IATION of the sum specified in the Bond secured hereby as interest and principal an said Win, ortor before
<br />the Twentieth day of each and every nionth.until mid Joan is fulty,parid; pay all taxes and assessments levied against said premises andon this Mortgage
<br />and the Bond secured thereby, before delinquency furnish approved, outurance upon the buildings thereon in the sum of 28t,000.00 payable
<br />to said ASSOCIATION: repay to said ASSMIATIONN upon demand all money by it paid for stilt taxes, assessments and insinance with interest at
<br />the maximum legal rate thereon from date at payment all of which Mortgagor hereby agrees to pay.permit no wage on fatid premises. keep and —ply,
<br />with all the agreements and conditions of the Bond for S 2 8, 000-00 this day given by the said Mortgagor to said ASSOCIATION. and comply
<br />with all the requirements tit the Constitution and By -Laws of said ASSOCIATION. then thew presents shall become null and void, otherwise they
<br />shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after figure for three months to mire any of said
<br />Payments or be three months in AiTeAlS to making said monthly payments, or to keep, and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a recce ver appointed forthwith in such (bieck-tsurc proceedings.
<br />If there is any change in ownership of the real estate mortgaged herein, by sate or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Building and Loan Association of Grind Island,Nebradca.bectime inunediately 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 kVJ 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 suns paid by said The Equitable Building and Ioan Association of Grand Island,
<br />Nebraska for insurance. 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 mitort9w remains in effect the mortgagee may hereafter advance additional sums to the
<br />makers of said Bond, (heir awgosw successors sat interest, which sums Shall be within the Security of this mortgage the same as the funds originally
<br />secured thereby, the Itilal airiountof principal debt not to exceed at any firm the original amount of this mortgage.
<br />Dated thix 22nd day of AUgUSt A_ D-, IQ 8b
<br />dy nristi
<br />4-
<br />STATE. 01; NERRLAS KA, On this 22nd day of August 19 bb ,before me,
<br />COUNTY Of- HAIR.
<br />the undersigned. a Notary Public in and tot said County, personally came
<br />'hrizdt,:J.ari Wicto, ,fill (.mVly,, L. Wicht, each in his and tier own right gnd as spouse each
<br />c W 0 are personsityl- known to
<br />fur to be the 1&in" .1 it,illic .-ire affixed to the above utiounarni as tusirgalt and ' hey severally
<br />rwwlcdged the wo) inii-root to Ine I, ioluntary act
<br />WII NJ St%w hi"il ,J Ih, dice
<br />talk tM 01 NwAlk K1111x
<br />a.. ga few
<br />X61*61
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