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MORTGAGE -NNW 002052
<br />MORTGAGE LOAN NO.
<br />KNOW AH, MEN BY 7111,SF, PRESFNIN: That Clinton BrOadcastincj tCo., Inc. and Randel K. Boesen and
<br />J"lan M. BOesen, husband and- wife, Mortgagor, whether one or moire, in consideration of the sum of
<br />Qae--HtLadred-Thoiamd-md--nQ/-Loo ----------------------- — ---------------------- — — -
<br />loaned to said nwrilgagor by The Equitable Building arid Imark AssociatittIn of Grand Island, DOLLARS
<br />rid, Nebraska, Mortgagee, upon 1,000 shares of stock of
<br />said ASSOCIATION, Certificate No, 1- 24,348 do hereby giant. em;veY and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County. Nebraska. ' 2' ing
<br />Lot Four (4) , Block Ninety-,Nine (99) 1, in Railraod Addition to the
<br />City Of grand Island, Hall C(-sunty, Nebraska.
<br />I'Wlher with all the
<br />terle"lents- lacreetitatnents Alid appurtenance" thercunh) belonging, including attached floor coverings. all window screens,
<br />window Shades, blinds, storn, windows.
<br />,"A"Iniz- heiblig, it; condinolling and Plumbing and water equipment and accessories thcreto. mps st ve
<br />refrigerators, Arid other fixtures And cquipiywrit'Iww,)r her' "'.1 11SCd in connection with said real estate.
<br />Caller attached 1, pu 0 S,
<br />Anti whereas the said triorigigur has 19tced and dues hereby agree that the f"OrtgagOr Shall and will Pay all taxes and aswssillikents levied or
<br />assessed upoto said Premises And Upittl this rIjtqtgjj,
<br />.!k° and thc hond
<br />"Isurfince uPol, the buildings on said picinises silil, , situated oll the mill) of wculed Qlefeb� before the Sallie shall become delinquent to furnish approved
<br />$ 100,000-00 payable I0 said ASS(X'IATI0N and to deliver to said
<br />ASSOCIATION the policies for S.31d ins""f1ce ;`,i or permit any waste ()n or about said premises;
<br />In case ofolefault or' the peftorniance ofaill, �)j
<br />on demand, be entitled to inlyndjale po, 'Ile tell"SAI)d Conditions of this mortgage or the bond secured hereby. the mortgagee
<br />moirtgagee all tire rents. revenues arid inco s"Slon 'It the mortgaged premises and the mortgagor h shall,
<br />hereby assigns, transfers and sets over to the
<br />lilc to he derived lion, the I ) t e premises during such time as the mortgage indebtedness shall remain
<br />unpaid, arid file mortgagee shall have be P41wef It) no. ir gag of
<br />appolitt anv agent or Agents
<br />tile SUM and Collecting the rents, revenues and llwonw, and it 11 I'm)' desire f"" file PUIPOse of repairing said premises and renting
<br />I IIIJv pay out of said mc""IC All CxPcllws of repairing said premises
<br />commissions and expenses incurred ;if renting and managing 'sdine all sc an
<br />ging (fie 0 of necessary
<br />1 collecting rentals tllerelrom: the balance remaining, if any, to be
<br />applied Cowart] the discharge of said rnorrXagt, 1n irbtedness, th"i lights f,t the trik)rtgjgce rlhiv be exercised at arty finte during the existence of Such
<br />default, Irrespective of' ally lellipolary waiver 0 Tht• 's.1111C
<br />These ho%evej, are tjll,,n 11,L, ( 1 11.1t It the Said Mortgagor 41211 lepii, said loan on or
<br />Paivirik"t, Pay Inonthiv to ,aid :XSS(X'IA I ION .)I tilt.• �qlln 11, the bond sek:,It helk" the maturity of said shares by
<br />secured fletchv is Interest and Principal on said loan, on or before
<br />the Twi,titicib day of each and eve" rilofillf. lint:1 said loan is J'Ullv paid, Pay all taxes and assessments lcvlcd against said premises and on this Mortgage
<br />and the Bond secured thereby, 6ejole furnish approved insurance ujX)Il the buildings thereon III the sum of 100, 000. 00
<br />to said ASSO(AXTION. repay to Bald ASS(X"IA rI0N upon demand all by it paid I payable
<br />the maximum legal rite therefin hon, dike +wj �Ijj , " or such taxes, assessments arid insurance with interest at
<br />of Which Mortgagor hel-bi, agrees to pay, permit no waste on said premises keep and comply
<br />with all the agreenients illd codillolis of file liond to, S 100
<br />with all the requirements ot lilt, ikir" I 000.00111i% day give" by [Ile said Mortgagor to said ASSOCIATION and comply
<br />I Jlid BY I -AwS of Said ASSOCIATION' then these presents shall become null and void, oilrerwiw they
<br />Shall rernam In full fof(e and may be lorvdo,�,cd at the option ()t tile said ASSO(AA-IION after failure for three riftniths to make any of said
<br />PaYnwnts or be three nriontlis I,, at[(.
<br />.its if) inaking `aid Inolithly payment,., or 1.) keep and col"PlY will the agreements arid conditions of said Bond,
<br />and Mortgagor i9rcef, to have t o(%ejvv.r Ippoll1led j,ortj-IwItjI In such foreclosure proceedings.
<br />It thete is any change in ownefstlip of tl'4' real 'edl 0stalt- mortgaged here,,,, by %dje or ojiterwise, the" the entire remaining indebtedness hereby
<br />wLured shall, it the tiplioll i'l I'l)e 1-41tirldhil lit"Iding arid [,oall ASS0031"In ol'Grand Island, Nebraska, become immediately due and Payable without
<br />further flolice, allel file 'mnomn' rellm"ItIlP Lille under said bond, arid ;jjjy
<br />date of exc(ow ot Ni (opt"Ift. 6ear lfll�,Icst at dh,* t1h)XIMUIll legal file, a other bond for any additional advances made thereunder, shall. from the
<br />hond,and ativ other Nind for addinolial I:jvjij,-es together will, A,) Burns 1111% "I""939C MAY then he foreclosed to satisfy tilearno
<br />Nebraska for jj�5urdricc. 14xc% ,d jsw ' is paid bt, said flee unt due on said
<br />s, . F(Itlitable Building and loan Assoctation of Grand Island,
<br />legal late, jr1d abstracting extension chalge's. Willi interest thereof), from date of Payment at the maxImull,
<br />As provided Ill the H,)k$d jek,jjf,Ll b•fcby, s%llllc till's I-swrigago., felim"s of effect tile tnortgagre rimy hereafter Advance additional sums to the
<br />Makers s,f MKI [kirij, f.bei; SUgns
<br />whl,:h sllllk shall he within the security of this
<br />wCured therch'., the total jnwunl of pFIFIC ipal olchf �ii)l lo cxtcud al any tillit, lilt, .vaginal ainount nf nlot gage tile Sallie as the funds originally
<br />INled tars 2 "ys nion Igagc.
<br />dd-V April A 1) 85
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