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MORTGAGE Q {;� -------- 002909
<br />- --------- � MORTGAGE LOAN NO.
<br />KNOW ALL MEN BY THESE PRESENTS: That Fri J. F enws and Joan M. HerMes, each in his and her
<br />awn right and as spouse of each other, Mortgagor,
<br />�.; .v F. i �ht T� ,� ..rY•1 ,� .•. �� 00 ' — - -- whether one or more, in oottaideration of the tttun of
<br />Wned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, — --�4 —� � �
<br />said ASSOCIATION, Certificate No. L 24,371 , do hereby °p°" 2� shares of stock of
<br />descried real estate, situated in Nall County, Nebraska: Y ant' and mortgage unto the said ASSOCIATION the following
<br />The Northerly Seventy-Two Feet (721) Of Lot Five (5) ,
<br />in Block Fifteen (15), in Charles Wasmer's Addition to
<br />the City of Grand Island, Hall County, Nebraska.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor cove
<br />window shades, blinds, storm windows c
<br />, awnings, heating, air conditioning, and plumbing and water equipment and accsaor� the llltwindow wrem'
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />pumps, stoves,
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and asaesswnts levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the son of $
<br />ASSOCIATION the Policies for said insurance; and not to commit or permit ©any OO on or paboutesaid premises;
<br />S�IATION and to deliver to 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 shall
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to to
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage
<br />unpaid; and the mortgagee shall have the power to a int an pa indebtedness shall nutting,
<br />to same and collecting the rents, revenues and income and i may pay out not f it may income all expenses of re desire for the Purpose of repairing said prentpea and renting
<br />Commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom. the balance re to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the court repairing s� premises and necessary
<br />default, irrespective of any temporary waiver of the same. BaBce may be exercised at any tine during tg�us��nc��eyof such
<br />These Presents, however, are upon d,r Condition, That if the said d Mortgagor shall repay said loan on or before the maturity of said shares by
<br />pay monthly to said ASSOCIATION of the Burn specified in the Bond secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and every munch, until said Joan is full id; a all taxes and assessments levied
<br />and the Bond secured thereby, before delirquency, furnish approved insurance upon the buildings thereon inagainst
<br />the sum of premises 8 00 on this Mortgage payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance with interest at
<br />to maximum legal rate thereon fr <,tn date of payment all of which Mort ,000.00 payable
<br />with all to agreements and conditions of tfte Bond for S Mortgagor hereby agrees to pay; permit no waste on said Ixemises;keep and Comply
<br />with all the requirements of the Constitution and By -Laws o(saald ASSOCIATION;�t en by the presents s shallor to said
<br />Mortgagor ASSOCIATION, and Comply
<br />shall remain in full force and may be f "oreclosed at the option of the said ASSOCIATION after failure for three months to
<br />p beCome null and void, otherwise they
<br />Payments or a three months in arrears in snaking said monthly payments, or to keep and ornply with to nuke �Y of said
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. agreements and Conditions of said Bond;
<br />If tare is any change in ownership of to real estate mortgaged herein,
<br />secured shall, at the Option of The Equitable Building and Loan Association of by Island, ebraska become t the immediately indebtedness hereby
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional advances nude thereunder, shall, from the
<br />date of' exercise of said option, bear interest at the maximum {e unraediately die and payable without
<br />bond, and any outer bond for additional advances, t gal rate and this mortgage may then a foreclosed to satisf to
<br />Nebraska for insurance, taxes and asses ents, and together abstracting extens own paid arges, width The interest thereon, from date n payments at the maximum
<br />B rate. �g and Loan Association of Grand Island,
<br />m
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee [nay hereafter advance additional sums to the
<br />makers of id Bond, their aligns err succesu,rs in interest, which sums shall be within to security of this most the
<br />secured Hereby, the total amount of principal debt not to exceed at any tunc the original amount of this mortgage.
<br />Bags me as the funds originally
<br />Paled this 18, day of
<br />4j
<br />unev A. n., 1985
<br />STATIC OF NEBRASKA,
<br />COUNTY OF' IIALL
<br />On this 18th day w j uric.
<br />it) f35 before me,
<br />Fr the under ied, a Notary Public
<br />J. f xxnes 6 aalki aJc36li: M. lit��mc�s, crack ul t�x�; i�rKl tease c:�i�irl
<br />other,
<br />in and for said County, personally oanue
<br />t lc3ht
<br />iCl as s��Cittt t, car ,
<br />w o t,aCh
<br />rw tcs a clue identical rst,ra ,�
<br />aaho�e name �
<br />< r' atfixed to the above instn,rr
<br />Lt1`c_ Personal l K
<br />Y mown to
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<br />Uknowle d thte ici arlsiautaaent
<br />rt �mturtgagur
<br />to he f.!:Lr." voluntary a� °t and deed.
<br />Ad act
<br />and fla.�y severally
<br />WITNESS lrty hand and Notarial Se <rt the date Y
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