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f_ MORTGAGE 85--- 00204 <br />_ <br />MORTGAGE LOAN NO. <br />KNOW ALL MEN BY THESE PRESENTS: That Frank W. Be= shark# Jr., and Marcia M. Bergzltark, each in <br />his and her awn right and as spouse of each other, Mort�or, whether one <br />N ------ -- r more, in moderation Of the tttuu of <br />hatred to said -- �.. ....— .....— DOLLARS <br />rnort�or by The Equitable Building and Loan Assoctitttion of (3rand I island, Nebradm M ~- <br />said ASSOCIATION, Certificate No. L 24,352 , do he reb ort�' uP0n 200 dam of stock of <br />described real estate, situated in Hall County, Nebraska: y grant, convey and mortgage unto the "A ASSOCIATION the f <br />The Northerly Thirty -Eight Feet (N 38') of Lot Nine (9) and the <br />Southerly Forty -Iwo (S42') of Lot Eight (8) in Buhnnan Subdivision, <br />an addition to the City of Grand Island, Hall County, Nebraska. <br />together with all the tenement;, hereditaments and appurtenances thereunto bolo <br />window shades. s, an blinds, storm windows, awnings, heating, air conditioning, and plumbing and in water attached floor coverings' all window screens, <br />refrigerators, and other fixtures and equipment now or hereafter he <br />attached to or used in connection wequipment <br />And whereas the said mortgagor has agreed and does hereby ������ <br />th sad real estatate.. <br />assessed upon said premises and upon this mortgage and the bond secured thereby before the wand will co taxes and assessments levied or <br />insurance upon the buildings on said premises situated in the sum am NCO delinquent; to ftunidt <br />ASSOCIATION <br />NA <br />of $ 20 0,000.00 approved <br />the policies for said insurance; and not to commit or permit any waste ono payable said AS NATION and to deliver to said <br />ayout said <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 <br />on demand, be entitled to immediate possession of the mortgaged premises and the <br />mart all the rents, revenues <br />mortgagor hereby <br />and inconu to be derived from the mortgaged premises during such tiara as the inert ver t the <br />unpaid: and the »x>rt Y s, transfers and sets over to the <br />de same and c mortgagee a the shall h power app o it nay does <br />for l� indebtedness and retttng <br />revenues and t may Purpose of tiring � sad Prow and renting <br />outnof all <br />ns and expenses incurred in renting and managing the same and of collecting rentals therefrom, e <br />premises and necessary <br />applied toward the discharge of said Fee <br />balance <br />mortgage indebtedness; these rights of the morn remaining, if any. to <br />default, irrespective of any temporary waiver of the same. 8a8ce may be exercised at any time during the exirtenee <br />of ramie <br />These Presents, however, are upon the Condition, That if the said Mortgagor shall re <br />payment, pay monthly to said ASSOCIATION of the sums lay said loan on or before the maturity of said shares by <br />the Twentieth day of each and m the Bond secured hereby <br />every month, Omnil said loan is fully <br />as interest and principal Y paid; pay all taxes and assessments levied P an d loan is or before <br />against said premises and dm thus Mortgage <br />and the Bond secured thereby, before delinquency; <br />furnish approved insurance u <br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money it the buildings thereon assessments the sum of <br />tie maximum legal rate thereon from date of Y Y paid for such taxes,'n the sum 20, 000.00 payable <br />payment all of which Mort n <br />and insurance with in <br />with all the agreements and conditions of the Bond for $ 20,000 Mortgagor hereby agrees to may; permit no waste on said premises; keep and comply <br />with all the requirements of the Constitution given <br />and By -taws of said Mortgagor ASSOCIATION, and comply <br />• these these presents a I eco a null and void, otherwise t <br />shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for <br />Payments or be three months in arrears in <br />making said monthly Payments, or to keep <br />three months to intake any of said <br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings comply with the 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 remaining <br />secured , at the option of Tim Equitable Building and h-cran Association of Grand Island. Nebraska,beaarre <br />further notice, and the amount hereby <br />immediately due Payable <br />date of exercise of said option, bear interest at the maximum legal rate, and this mutt tm'1ediately dtu and payable without <br />remaining due under said bond, and any other bond for any additional advances made thereunder u from the <br />,ard any other h>d»td1 for <br />additonal advances, to ether with all sutra d b said The quyit be guvore <br />Nebraska for insurance, taxes and a 'g Pet y to Association the of t an Is said <br />n on <br />legod rate, nts, and abstracting extension charges, with interest thereon, Grand Island, <br />date <br />f o nof <br />payment at the maximum <br />As pro ' in the Bond secured heresy, while this mortgage rerrwins in <br />as cot Bond, <br />c'rtect the retort may hereafter advance additional sums to the <br />their assigns ear %wcesmars in interest, which sums shall he within the security of this mortgage the $a <br />wed thereby, the total amount of principal debt not to exceed at any time the original me as the funds originally <br />amount of this mtort <br />r)atcd this gGl day of .4pQ; I <br />