MORTGAGE 001961 .
<br />MORTGAGE LOAN NO. L 24 , 347
<br />KNOW ALL MEN BY THFSE PRESENTS: That '
<br />Dale J. Rohweder and Bett y L . Rohweder each in his and
<br />her own right and as spouse of each other, Mortgagor, whether one or more, in condderstlon of the stem of
<br />DOULARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee. — N
<br />sad ASSOCIATION, Certificate No. 1. 24,347 , do Werth upon 120 shares of stodt of
<br />described real estate, situated in Hall County, Nebraska: y Bit, convey and mortgage unto the Bald ASSOCIATION fire following
<br />The Southerly One -Half (S�) of Lets One (1) and Two (2) , in
<br />Block Nine (9), in H. G. Clark's Addition to the City of Grand Island,
<br />Hall County, Nebraska.
<br />together with all the tenements, hereditamcnts and appurtenances thereunto beiontging, incluiing at floor coverings, all �,
<br />window shades, blinds, storm windows, awnings, heatireg, air conditioning, and plumbing and water eytaiprteent and sereens
<br />refeigentors, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. thereto, pumps. stoves.
<br />assessed And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and amts levied or
<br />upon said premises and upon this rrnrrtgage and the bond secured thereby before the same shall become delinquent'. to furnish approved
<br />insurance upxe the buildings on said premises situated in the sum of S 12, 000.00 payable to said ASSOCIATION and to deliver to stud
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any waste on or about said premises;
<br />In caw of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortpee call,
<br />on grand, be entitled to immediate possession of the rrwrtgaged premises and the mortgagor tereby s, transfers and sets over to the
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises ortgaS such time as the
<br />and the mortgagee shall have the power to appoint any agent or agents it may desire for the u mort�o �re Biro re e>�
<br />the saute and collecting the rents, revenues and income, and it may fay out of said income all expenses of repairing r�� said �� and rent
<br />commissions
<br />amid expenses incurred in renting and managing the saute and of collect rentals therefrom; t balaata and Y
<br />applied! toward the discharge of said mnmrtgaige indebtedness: these rights of the mortgagee rreay bt exercised ; h time tee' if any. to be
<br />default. irrespective of any temporary waiver of the same. Y ruing the existence of such
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the mattuity of said shares by
<br />payment: Fey monthly to said ASSO(IATION of the sum specified in the Bond secured hereby as interest artd principal on said loan, id shares res
<br />the Twentieth day of each grad every rmrnth, until said Iran is fully paid; Fray all taxes and assessments levied against said Premises and on this Mortgage
<br />and
<br />the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of 512,000.00 payable
<br />to ASSOCIATION: repay to said ASSQC:IATION upon demand all money by it paid for such taxes, a
<br />the max rate thereon from date of payment all of which Mort is and insurance with interest at
<br />Mortgagor hereby agrees to may; permit no waste un and Premises; keep and comply
<br />with all the cements and conditions of the Wind for S 12 000.00 this day given by the said M to sad
<br />with all the requirements of the Constitution and By -laws of said ASSOCIATION; then these presents shall hoecoeale nASSOCIATION, s , otlterwpe they
<br />re an full force and nay be forecMsed at the option of the soot ASSOCIATION after failure for duce mprttIts to lnalce any of said
<br />payments or be three months in alrears in making said monthly payments, or to keep and comply with the agreements and Conditions of said Bond;
<br />Mort agrees to have a recener appointed forthwith in such foreclosure proceedings.
<br />secured If there is any change in ownership of the real estate liKutga@cd herein, by sale or otherwise, then the entire remaining
<br />, at the option of The Equitable Building and loan iation of (:rand Island. Nebraska, i hereby
<br />f ewe, the amount remaining de under said botch, and any other for an tehy due and payable without
<br />d4 exerelee of said option, bear interest at the he= legal rate, and the nK y sdm rttada thereunder, �, from the
<br />and any inter bond for additional advances, together with all surns h Y then be f to sat�y the amount due said
<br />for insurance. taxes and tints, and abstracting extension c y, with interest le Budding r and
<br />date Association ®f Grand 1
<br />law ,
<br />rate. payment al the maximum
<br />As provided in the Bond secured hereby, while this mortgage rernains sat effect (fie mortgagee MAY hereafter advance additional eructs to the
<br />makers of Bond, their assigns or successors in interest, which Burns shall he within tine securely cif this rtxxt the same as the funds originally
<br />tared thereby, the total anxrunt of principal debt not to exceed at ally 1@rTe rice urigdna, W%k.unt of than meet
<br />do of �l A. IV. lw i3')
<br />,c
<br />o r•
<br />...e ._.,_..._.....a.__ .,.
<br />7cy '
<br />STATN (N NUBRA,,►KA.
<br />Olt 01
<br />is n OF IIAI-,h is c.+ "liay of �,
<br />14 65 , hoetexe me,
<br />the U1141415igned,a Notary Public in and fiat said County, palsr»ailycame
<br />Bale J . Hc:t �� <u�i Betty l,. f c� x' , € ac to i.l) Ids �111l fear-- (matt : i ,U)d i
<br />For t®, be tiic rferilwal peremn S who a s dru affix-ccf to tlor sf►drvr,. Fnstruux�nt as njoitgoigm ®i
<br />krorrovvkG d the .`�,�• «� and 1�la�y wveratly
<br />.. �1,4ejW agt - l�. t Voluntary 4o And el d.
<br />at Ole elate+ Yfer;e
<br />�rrrtM ag �' .ba_. \ie,twry 1`'utrli+'
<br />i
<br />
|