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-= 005039
<br />MORTGAGE
<br />MORTGAGE. LOAN NO. _L, ZQ, 24,415
<br />KNOW ALL MEN BY THESE PRI SENTS: That VBR, Inc., a Nebraska Corporation; Ted 0. Rookstool, an
<br />unmarried man; and Ronald L. VonBehren and Una Mae VonBehren, his wife; jointly and severally.
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Seventeen Thousand Six Hundred and no110A------------------- -------------- °--- ,'DOLLA1tS
<br />boned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 176 shares of stock of
<br />said ASSOCIATION, Ccrtifiute No. L 24,415 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />Lot Two (2), in Block Fourteen (14), in Wallich's Addition
<br />to the City of Grand Island, Hall County, Nebraska.
<br />together with ail the tenenterlts, herednarncnts caul appurtenances thereudo belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storm wnldows, awnmgs, hcanrly,, of conditioning, And plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrrgerators, and other hill "TVs And equgnteIT I now .ti hereafter attached to or used tit connection with said real estate.
<br />And whereas the said mortgagor has agreed ar:d dais heretly agree that the mortgagor shall and will pay all lazes and ancoarients levied of
<br />assessed upon said premises and :ramie TI:;% montage and The hand wcuied A wreby helore the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on raid pretniws amnated :n rite <um of S 17 payable to said ASS(X'IATION and to deliver to said
<br />,600.00
<br />ASSWIATION lite policies for saki nt.urill". ilia !r,t !o ccillnul or plerrnit anv waste on or about said premises;
<br />In case of default in the Ixrio;mance tit my of the rernss and conditions of this mortgage or lire bond secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate tsxcslon ,li 'Lc ,o ritgagcd premises and the mortgagor hereby assigns, transfers and sets over to the
<br />nwrtgagee all the rents, revenues and mconle to be del,vud Iron: the ,mortgaged premises during such time as the mortgage indebtednen dull retrain
<br />unpaid; and the mortgagee shall leave :ha (,ow vF ,:ppxwn any agent or With d may desire for the purpose of repairing said premises and renting
<br />the same and collecting the tents. 1
<br />,evens' „ I!"'one and ,T MAY pay out of sans income all expenses of repairing said premises and necessary
<br />armrttusions and expenses incurred r., ; 11111 sod manag,mg the
<br />,inn and of collecting rentals therefrom; the balance retraining if any, to be
<br />applied toward the discharge of slain o -frJee :u, <iehtcJne>s, tie ..• ,rylit•. of tit.• lnorigager may be exercised at any time during the existence of such
<br />default, irtespectrve of any tempor,ot,- ,Sa,WI ,al the title
<br />These Presents, however, ate. ',te,r, Tile ( , tldtt,am. 1,131 d the :aid Mongagol shall repay Said loaf) on or before the maturity of said shares by
<br />Payment; pay monthly to %a- t SSS(K'IA I It J% :,t r u.l; spectned ,n it", Bond ecured hereby as interest and principal on said loan,on or before
<br />The Twentieth clay of cacti and evvii, :otll + .., ; '—d I o, u i ally paid, pay ail taxes and assessments levied against said premises and on this Mortgage
<br />and the Build secured dieicby heime lief , , ::r,:ry . Tit, msl, ;,paprllved insurance uplm the buildings thereon in the sum of $17, 600.00 payable
<br />to said AS,SO11ATION. repay to '.oJ ItSY X IN [ 70s, utnan demand all naoev by it paid for such taxes, assessments and insurance with interest at
<br />the naximmn legal rate thcicon ir:nn date „= pay,nert .III .)t whet, Mo,tgagor hereby agrees ITT PAY. Permit tit) waste on said piemiws;keep arid comply
<br />with all the agreements and comilh -0 —f ire 11 -114 t>r t 17 6UU . UU this ,lay coven by [lie said Mortgagor to said ASSOCIATION, and comply
<br />with all the regmrerncnts of the ('or,lt I ;oil eo,t lag I
<br />ll of said ASS(X'IAIJON. then these presents shall become null and void, otherwise they
<br />shah remain in full force and ;nay 1- totc.i fwd :,I the opnum of the will ASSOCIATION after failure for three months to make any of said
<br />payments lx he three months it idea,, tit making ,,aril otollihly payincnit, nr m, keep and comply with the agreements and wnditiuns of said Bored;
<br />and Mortgagiol agrees to bave a receiver .,p,potroej I;rtahwntl it sudh l ) lo,,u princelings.
<br />If there is any change u, „woersiup:d the n,af estate frtoftgapalA herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />rcured shall, at the option of file Equdabfc Huadmnq aetd l ctan Asaicatnm of Grand Island, Nebraska,become immediately due and payable without
<br />lwfher notice, and the artx,,int rememmix duv under ',41J Mind, arid any other bond for any additional advances trade thereunder, stall, from the
<br />date of exercise of said opin,u, t!rar in lcrcsl et toe maxouurn legal rate, and this mortgage may then fit foreclosed to satisfy the amount due on said
<br />boad,and any other bond for addttlotfal advances, toprtbe, with all suns paid by said The Equitable Building and loan Astareiation of Grand Island,
<br />Nebraska for insurance, taxes and ass stTnr.tr, and abstract utg cx(eoson charges, with interest thereon, from date of payment at the maximum
<br />kcal rate.
<br />As provided in the fond secured hcachy, wblic this ,00,teagc tentaus In ettcct the mortgagee may hereafter advance additional sums W the
<br />rraihers of said &lid, tree: asugnt "1
<br />s11 a•_US In 11,1M Nt, winch rune shall be within tote %county of this mortgage to sattre As the funds originally
<br />secured thereby, the total amount .,I pnnerpal debt ¢at to c4cecJ a: any These thc',mginal Antonia of Ihts mortgage.
<br />lhted�tha 7 f Cx teen r
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<br />.vac S 'rv„"�.'*—"`,"•—'---
<br />By ,4 � t Inyc
<br />its
<br />Its 1�resident.
<br />suATEOP NEBRASKA,
<br />cs. On this 7th day of ('cl,obel• 0 85 , before lie.
<br />CtlI1N °CY O4 IfAla,
<br />The underrglnd, a N tary Public tit and for wed County, fictionally "tile
<br />VW, Inc., a Nebraska C;orl )(Aatio11; 'I'L -i o. liCGk5tOG1, an ulanarried I11i]I1j 111d R01ktld
<br />W I
<br />nii persona ykrtownlo
<br />Volbehrvri wxJ Una Mau V(aelutSll, ,lib wli(!; J( lltly alxJ sev!rally.
<br />tic to be the t4rmical per.,,, pp u4u,u'. rests' y lit(' ,Ifliard to rite above mftruutcni as ntaml rat ,;
<br />nag and fax'y severally
<br />44fmwledgrd The laid notr,lm :'elf To fir tlx!a 1 Y i.li!I al "1111'I"'d Ile — .
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