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<br />83-002705
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<br />MORTGAGE
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<br />KNOW All. MEN BY TIlESE PRFllENTS: That
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<br />MORTGAGE LOAN NO. r. 24,093
<br />Roger L. Anderson and Karen L. Anderson, each in his and her
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<br />own right and as spouse of each other I Mortgagor, whether one or more, in consideration of tbe sum of
<br />'l'hirry Clfl€ 'T'h<'>,,=niI "nil nn/lOO----"'====--==::-:-=--:--------------:--------,--------TJOLLARS
<br />loaned to said mortgagor by The FAjUitable Building and Loan Associ.tion of Grand Island, Nebraska, Mortgagee, upon 310 shares of stock of
<br />said ASSOCIATION, CertiflCllle No. L 24,093 ,do hereby grant. COllYey and mortgage unto the said ASSOCIATION the following
<br />described real estate, siluated in H.ll County. Nebrask.:
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<br />lot Four (4), in Block Fourteen (14) in
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<br />Packer and Barr's Addition to the City of
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<br />Grand Island, Hall County, Nebraska.
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<br />together with all the tenements. hereditaments and appunenances thereunto helonging. including attached floor coverings, all window screens,
<br />window shades:, blinds. storm windows, awning:s. heah~. alT 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 ill connectron with said real estate.
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<br />Aod whereas the said mortgagor tIllS agreed and doe. hereby agree that the mortgagor shall .nd will pay all taxes and ....ssments levied or
<br />assessed upon said premises and upon tM mortgage and the bond secured thereby before the same shall become delinquent: to furnish approved
<br />insura",;e upon the buildings un said premises silllated ill the sum of S 31,000.00 payable to said ASSOCL\TION and to deli""r 10 said
<br />ASSOCIA nON the policies for said insurance; and not to commit or penmt any waste on or about said premises;
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<br />In case of default in the performance of any uf the terms an..! condittous. of this mortgage OJ the bond secwed hereby. the mortgagee shall,
<br />on demand, be entitled to immediate possession uf (he murtgaged premises <lod the mortgagor hereby assIgns.. translers and sets over to the
<br />mortgagee aU the rCRU, revenues and incolUe to be derivetl from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the mortgagee s.hall have the power to apptliul any agent or >>genls it may Jcsire for tbe pwposc of repairing said premises and rcntill!
<br />the same and collecting the rents. r~venues and incume. and II may pay oul ,)f said in(.:olJlC: aU expenses of repairing said prem.ises and necessary
<br />oollUltissions and expenses incurred in fenting ltRd numagrng the SOUfle and of collecting lenlals therefrom; the balance remainins, if any. to be
<br />applied toward the discharge of said mongage Indebtedness. fhe~ lights of the mortgagee Ill./i)' be exercised at auy time dwing the existence of such
<br />default. inespe:cll't'e of my temporal!, w;aiver uf the same.
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<br />The~ Presents. howevei. are upon the Condition, Thallf the saId Mf..)rlgagUf shall r~J.\;I;y said loan 011 Of before the matwity of said shares by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in (he Bonu secured heleby as lnter~l And principal on said loan, un or before
<br />the Twentieth da~ of each ami t.'ve,r)' month.lUlld sa.ulloan is fuUy paid; pay aU (axel!i and a~ssmen{s levied llgainSl ~id prem.ises and on lhis Mortgage
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<br />.uil the Bolld ",cwed thereby, befo,e delinquency; fU'llIsh approve.! i,,,,w",,,,,, upou tbe buildings thereou 10 the SUfll 01'$ 31 000.00 payable
<br />to said ASSOCIATION; '.pay to said ASSOCIATION upon demaud all mouey by it paid for ,uch taxes, ....""'..lIt' and in~.,. with iutetest .1
<br />the- maxitnwn legal HU~ therron from date uf paymc'nt all of whtcl1 MOItg.agOl lIelehy agree$ to pay; pennil no waite on said pl'cmises; keep and comply
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<br />wilh all the .srcc....nl'and ""mlitiolls of the !lond for $3ltOOO. 00 this Jay give" by the said Mortgagu, to said ASSOCIATION, and comply
<br />witb all the requitements of the Constitutioo and lly.Laws 0 said ASSOCIATION, then these presents shall become null and void, otbefWt.e lhey
<br />shall rem.in in full force alld may be foreclosed .t the 01'1100 of Ihe said ASSOCIATION .fte, failOle lor tlffee mOlllhs to make aoy of said
<br />paymenls or be three months in anears in making said monthly payments, 01 tu keep and comply wilh the agI'cemenls and conditions of said Bond;
<br />and Mortgagor agrees to have a receivef appointed forthwith ill such foreclosuIe proceedings.
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<br />If there is any cl1ange in ownership ul the 1c.aJ eslotc mortgaged herem, by sale or otherwt.e. then the entire remaining indebteduess hereby
<br />seclUed shall, at lhe option of The Equitable Building and Lo.n A1lSl.lciation of Grand Island. Nebtaw. become immcdiat<:ly due and payable wilboul
<br />flJIlhet notice, and the amoUfll temaining due Ufldet said bond. and any uthel bOlld for any additional advances nwle thereunder, &haIl, from the
<br />date of exercise of said option, beat int<test .1 the maximUflllegal r.te, .nd this mortgage may then be fo..dosed to satisfy the amount due on said
<br />bood,and any other bond fot additional advances, together with aU s""'" paid by said The Equitable Building and Loan A1lSl.lciatioo of Grand Island.
<br />Nebraska for insurance.. taxes and assessmenu. and abstra~Ung extension charges, with interest thereon, from date of payment at the maximum
<br />legal rale.
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<br />As pto~ in the Bond secured hereby, while this mortgage remains in efteet the mortgagee may hereofter advance .dditional '''''''' to the
<br />RJOI;;"'. of said Bornl.. lheit ~ Ot su=f$ in intetest, whieb sums shall be within the ",cwity of this mottgage the same as the f nods originally
<br />~ thereby. thelotalamoUflt of principal debt not to ex=d at auy time lhe miginal aOlOUflI of this Inort8"&<,
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<br />this day of ~lay A. 0., 19 b3
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<br />:)
<br />~ATE. OF NElI1l.ASKA.. .,l q.
<br />COUNTY Of HALL ~
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<br />On this
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<br />25th
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<br />day of
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<br />May
<br />
<br />1'03
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<br />, before me,
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<br />the undersigued. a NollllY l'ubl1c in and for said COWlty. ""nona/ly""me
<br />~eJ:' L.Allde.rson and Karen L. Anderson, ea.ch in his and her ()'io'l1 ri'tt and as spouse of "-"dell
<br />Qt:ber, ,. .'.-.] ho are pCnonally knowo 10
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<br />B!I"to ~ t~ identi<1lll """'QUS ..bote aame S are .1Il:ud to In.: abuV<' llu\H,"",m ... ""'~I S .nd they _.aIIy
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<br />~the _ in...rUflt<<ltlo he their rolWlWY acl ond deed, )
<br />WlTNfiSS my hand ,..td Notarial &aI tll<' date af,,,...;d.
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<br />My CO"''''lOOIOIl .~ eo
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<br />......... lU
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<br />L~- "'')/ . '-~J7-? z:;'r:.? <if~j
<br />,)--~ILfL'Z .c-,.~G~~1i7""
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