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85, 001843
<br />MORTGAGE
<br />t MORTGAGE LOAN NO. L• 24,344
<br />1 KNOW ALL MEN BY THESE. PRESENT'S: That Virgil D. Christensen and Nacrai. H. Christensen, each in
<br />his and her awn right and as Spouse of each Other, Mortgagor, whether one or more, in consideration of the sum of
<br />Thi trtY Fight T Ousart-d _Right Htind red- __
<br />no /100_..--- _- °- - = ----- —"'HOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand [stand, Nebraska, Mort �— said ASSOCIATION, Certificate No. L 24 , 344 do hereby Mortgagee, upon 388 shoes of stock of
<br />described real estate, situated in flail County, Nebraska: y !rant, convey and mortgage unto the said ASSOCIATION the following
<br />The North Half (Nl) of Lot Eleven (11) and all of Lot Twelve (12), in
<br />Block Two (2), in Harrison's Subdivision of the Southwest Quarter of the
<br />Southeast Quarter (SASE' -,) of Section Eight (8), in Township Eleven
<br />(11) North, Range Nine (9) , West of the Sixth P.M., Hall County, Nebraska.
<br />together with all the tenements, lteredrtanients and appurtenances thereunto belonging, including attached tlawr coverings, all window screens,
<br />window shades, hhnda. stone windows, awnings, heating, au conditioning, and 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 lrtortgagor has agreed and dues hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />asussAvd upon said premises and upon this mongage and the bond secured thereby belnre the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises sittiated in the sum of S 38 boo 00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance, and not to Commit oI pernut any waste on or about said premises;
<br />In case "d default sat the pertoimancc of any of the icons and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on -icnund. Ile entitled to ,mntedute posse`slon of the ,mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />nxutgagYY all the rents, revenues end income b" he derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />;inpaict. and (tie rmortgagee shall have the power to appoint any agent or agenb it rWay desire for the purpose of repairing said premises and renting
<br />six' sanw and collecting the rents, revenue, and mronu', and rt may pay out ml said Wlctinle all expenses of repairing said premises and necessary
<br />nu11rrtissuns and cxlic•nus en , f aid m renting and managing. the wirnc and or alllccring rentals iilerelrtim: the balance remaining, if any, to be
<br />appheJ toward lice des barge „t sail niurtgagr mJcbtcJnrss. these• ri
<br />default of any ternl-rary waiver of the same ght; of 1110 nuirtgagea' may be exercised at any time during the existence of such
<br />, u:esfx•ctivr .
<br />These presents, however, are uINm Isle t'ondrtwn,'I hat it the said Mortgagor shall repay said loan on Air tx:to"' the matUrity of said shares by
<br />payment, pay mmnddy to said ASSOCIATION of the slam specilied in file liond unwed hereby as interest and principal on said loan, on or before
<br />the Twentieth dap of eas :h and evcrp nnmrtf, until said ioan is fully paid; pay all taxes and assessments levied against said premises and on this Mortgage
<br />and the Mond secured Lhrrebv, before dciulalucncy' • furnish approved insurance upon the buildings thereon in the sum oI S
<br />to sail ASS(.X•I g fit ite opay , I sail ASSO(IATI()N upon demand all money by it paid for such taxes, assessments and3uaisit1800. DO interest at
<br />he maxunurn legal rate ,hrrcun ! nn date of pay meet all of which Mortgagor hereby agrees tai pay, permit no wasteon said premises;keep andcomply
<br />with all the agrernwnis And amdnions of the flond fur S 38,800.00 this day given b the said Mortgagor to
<br />web all the r Anmoemcnts of the ,LAY Ile I'on and liy -laws of said ASS(X'IATTONti then these presents shall hecomednull andly id, otherwise f ely
<br />shall remain m full knee and nciy be forcelow:d at the oprimn of the said ASSOCIATION after failure flit three months to make any of said
<br />paynnx its or be three months in afrears m (Waking scud nionthly paytnerlls, or co keep and comply with the agreements and conditions of said Bunt,
<br />and Mortgage; agree, ;o have a receive, appwnted forthwith tit such I'oreclosure proceedings.
<br />It there is any change in ownership All the seal estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of T he I (It'ltahle Building and Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />further nonce, and the amount wolainulg due under said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />date of exercise of said optnnl, bear mtefcst at file nuxtmuln legal rate, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />hond,and any litter fiord for addilimW advances, together with all sums paid by said -['he hquitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes anal
<br />legal raft. asussnumts. ,ind abstracting extension clurges, with interest thereon, from date of payment at the maxintmn
<br />As provided in the Bond ucumd hereby. while th"a mortgage remains m et fect the mortgagee may hereafter advance additional sums to the
<br />makers of sit(] &ind, then a Si ❑;,,r succrsums in interest. wheel, sums shall he willun the security sal this court
<br />secured thereby, the total urn.0111 sat principal dcht Awl fn cured al any same the original amount of this mortgage.
<br />gage Ule same as the funds originally
<br />fed tt�}s 17th day A f
<br />1i / 1 [[pill n n.l�i 85
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<br />SPATE Oh NFFIRASKA. f
<br />COUNTY (W IIAI l des 17t'li
<br />111)8 I I'l h� , belinc mr,
<br />t1, ;nJrrsigneJ. a Nnlary 1',11,11- m ;uiJ hrI said Cuuuly perxmallV aanlc
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<br />lx)u e tai' esch r>ilk t, „'Ai n I i.y!1f 41hoyftlwn to
<br />nls i tx� fPr 1 lrnliaal Iw.i -, n ; wL" +u rune S YI:.' II x_ 1 t ,the above wsU nnrcnr ar wort •a roi
<br />a.kuv:.iedmt•d the coil tst.mra•nii u• t }lt'l1� k1, and t.lk`y �s veially 'h
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<br />MY f
<br />niN4lM� -MaM
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<br />flt/lals E* 1 !1M
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