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<br />I
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<br />MORTGAGE
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<br />83- lJ01879
<br />
<br />r
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<br />MORTGAGE LOAN NO. To 24,087
<br />KNOW ALL MEN BY TIlESE PRESENTS: That William C. Unzicker and Lelia B. Unzicker, each in his and
<br />
<br />h own right and as spouse of each other, Mortgagor, whether one or more, in consideration of the sum of
<br />T~frty Two Thousand ana no/100-----------------------------------------------------DOLLARS
<br />
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 320 shares of stocIc of
<br />said ASSOCIATION, Certificate No, L 24,087 , do hereby grant, convey and mortgage unto the said ASSOCIATION the foDowing
<br />described real estate, situated in Hall County, Nebraska:
<br />
<br />Lot Six (6) in Dickey Sixth Subdivision
<br />
<br />in the City of Grand Island, Hall COW1ty,
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<br />Nebraska .
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<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrigerators,. and other fIXtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />
<br />And whereas lhe said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments 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 00 said premises situated in the sum of S 32,000. 00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; md not to commit or permit any waste on or about said premi..lltCS;
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<br />In case of default in the performance of any of the tenns 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 the
<br />mortgagee all tbe rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br />the same and coDecling the rents, revenues and income, and it may payout of said income all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may he exercised at any time during the existence of such
<br />default, irrespective of any temporary waiver of the same,
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<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied against said premises and on this Mortg;oge
<br />
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of $32,000.00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand aU money by it paid for such taxes, assessments and insurance with interest at
<br />the maximum legal rate the,eon from date of payment aD of which Mortgagor hereby agrees to pay; permit no waste on said premises; keel' aud comply
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<br />with all the agreements and conditions of the Bond for S 32{ 000.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By-Laws 0 said ASSOCIATION; then these presents shall become null and void, otherwise they
<br />shall remaio in full force and may be foreclosed at the option of tbe said ASSOCIATION after failure for three months to make any of said
<br />payments or be three months in arrears in making said monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings,
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<br />If there is any change in ownenhip of the real estate mortgaged berein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />further notice, and the amount remaining due under said bond, and any other bond for any additinnaladvances made thereunder, shall, from the
<br />date of exercise of said option, bear interest at the maximum legal I11te, and this mortgage may then he foredosed to satisfy the amount due on said
<br />bond, and any other bond for additional adwnces, together with all swns paid by said Tbe Equitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />legal rate,
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<br />As provided in the Bond secured hereby, while lhis mortgage remains in effect the mortgagee may hereafter adwnce additional swns to the
<br />ma!<ers of said Bond, their a.-.igns o. successors in interest, which sums shall be within the security of this mortgage the same as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any time the origirull amount of this mortgage,
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<br />Dated this 13th day of April A, D,.19 83
<br />
<br />C.' <U:n~~/ke--v
<br />. Unz~crcer /, '
<br />.'l <,
<br />__L_O
<br />
<br />
<br />ST~'I'E.' OF NEBRASKA,l S$.
<br />COUNTY OF HALL ~
<br />the undersigned, a Notary Public in and for said County. personally came
<br />W~lliam C.' Unzicker and Lelia B. Unzicker, each in his and her own riaht and as SPQlse nf'
<br />ea<;h other ,- ". wlKT are personauy 1UI0Wiilo
<br />
<br />me to be the identical penon S whose name s are affIXed to the above instrument as mortllll3or s and they severally
<br />acknowJodtod the said instrument to be their voluntary act and deed.
<br />WITNESS my hand and Notarial Seal the date aforesaid,
<br />
<br />
<br />Myt~-U-:=~EI
<br />
<br />On this
<br />
<br />13th
<br />
<br />day of
<br />
<br />April
<br />
<br />1983
<br />
<br />. before me.
<br />
<br />_.t
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<br />\~~7zC-~),V:-jL~':~'~~: r_~1(~~~"/_-
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