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85- .•001552
<br />MORTGAGE AND Cms R?UGTION SECURITY
<br />1 4 MORTGAGELOANNO. L 24,331
<br />(OdOR ALL MEN BY TIIESE PRESENTS: That Craig J. Meyer and Carol A. Meyer, each in his and
<br />Si srety
<br />right and as s Ilse of each oche MOAgrgm, whether ore or more,;n
<br />-Ve Hundred and nOli00 _ >mderati«r of the wm of
<br />lumed to said mortgagor by The Equitable Building and Loan Association of Gland Island, Nebraska, Mo DOLLARS
<br />said ASSOCIATION, Certificate No. L 24,331 do hereby P6a, upon 615 stares of stock of
<br />described real estate, situated in Hall County, Nebraska: Y Grant, convey and monBNx unto the said ASSOCIATION the followios
<br />Lot Thirteen (13), Sunny Acres Subdivision,
<br />Grand Island, Hall County, Nebraska.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging including attached floor coverings, all window weans,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto,
<br />purrs, atom
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />,
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and asrsurtents levied or
<br />assessed upon said Premises and upon this mortgage and the bond secured thereby before the same dull become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 61, 500.00 payable to said
<br />ASSOCIATION the Policies for said insurance; and not to commit or permit any waste on or about said bo ASSOCIATION and to deliver to said
<br />On 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 />mortgagee 2 tic tents. a roues an a Possession of the mortgaged Premises and the mortgagor hereby assigns, [nnsfen and sets over to lax
<br />gages sit the rents, revenues and ie power r f be derived from rte mortgaged premises during such time as the
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the mortgage ddebtredneg suPl rctmir!
<br />the same and collecting the rents, revenues ani mco pound it may purpose of repairing sale
<br />commissions and expenses incurred in renting and managing Ile sapmc and of saki t ng income alllls therefrom; !� �a ��s �� renting
<br />applied toward the discharge Of said mortgage indebtedness; [ease nghU of the mortgagee retWmines if any, to be
<br />defatdt, incspective of any temporary waiver a the same. gagee "my be exercised at any tine during the existence of such
<br />Thee Presents, however, are up,),- the Condition, That if the said Mortgagor shall repay said loan on or before the rnaturily of said sates by
<br />Payment; PRY monthly to said ASSXIATION "I the sum specified m the Bond secured hereby as interest and rind
<br />the Twentieth day of each and every month, until said khan is fully paid; pay all taxes and assessments levied
<br />Principal is said loan, on or before
<br />and the Wind secured there against said premises and on this Mortgage
<br />to said ASSOCIATION; thereby, before delinquency; furnish approved insurance upon the buildings thereon m the sum of S 61, 500.00 payable
<br />pay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance with interest at
<br />The maximum legal fate tfermn from date of Payment all of which Mortgagor hereby agrees to pay; permit no waste on said
<br />will) aB file agreements and conditions of the Bond for $ 61,500 da SOCI TION. and comply
<br />with all the requirements of the Constitution and BY of said ASSOCIATION; then these resents shall
<br />Y Oshall become said ASSOCIATION, and °DmP1Y
<br />Pall remain in full force and may be foreclosed sa the Option of the said ASSOCIATION after failure for an t�' Otherwise they
<br />Payments or he three months in arrears in making said monthly payments, or to keep and comply with the mace any of said
<br />and Mortgagoor agrees to have a receiver appointed forthwith in such foreclosure o keep proceedings.
<br />p Y agreements and conditions of said Bond;
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remain, ith�btedrers hereby
<br />cured sell, at the option of The Equitable Building and Loan Association Of Grand Island, Nebnsua, belprrre immediately due and
<br />date o police, and the amount ear interest
<br />eras due under said bond, and any utter bond for any additional advances nude lherconder,
<br />dale of exercise of option, tear interest at the der said le payable without
<br />bond,aml any other bond for additional advances, together withgallrsums paid said Equitable Budding to satisfy the • from the
<br />Nebraska fa ilrwraelce, taxes and a Y amount cite Is said
<br />� rate. Swunwnts. and abstracting extension charges, with interest thereon, from datteoofpayment Association of Grand Island.
<br />WYment at the tnaxitnum
<br />As provided in the Kind secured hereby, white this mortgage remains in effect the mortgagee
<br />makers of rid mad, their assigns or successors in interest, which Point shall be within the security of this mortgage the same as iti funds originally
<br />to y O may hereafter he slam additional sutttn to the
<br />set tlercby, the total amount of ncipal debt tot tO coed at any time the Original amount of this mortgage.
<br />Ihtwf this Z / �cay of nnir
<br />7 A. D., 19 85
<br />STATE 01; NEBRASKA,
<br />COUNTY Ol; IIALI, a' On this ? , t� day art 11 .
<br />.ewe
<br />19 85 . befcmc rose,
<br />L, Craig J . the Undersigned, a Notary Public m and for said County, PoerruuBycame
<br />Otfwr 9 Meyer noel Carol A. tk�yt r, each ill tU.t; aixi tx r owil right at�cl as bpou L, of each
<br />Ito to be if" w o are Personally known to
<br />he ide'nrtcal pclrben ;1 whn�r nacre 5 [iT'E'. Affixed to rho atNrve inatrnnw�nt as Inmt ur S ►a„
<br />he I'.la'ir voluntary act rind deed, and t.tx' Y Severally
<br />THOMAS d and Notntal Seal file dale afnir.mld.
<br />MY Comm f tp /. -r'
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<br />Nntarl lInhhc
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