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<br />83-005126
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<br />MORTGAGE
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<br />MORTGA<;E LOAN NO. L 24,155
<br />KNOW All MEN BY ntESE PRESENTS: That Gerald R. Baumer and Jeanette M. Bauner, each in his and
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<br />her own right a."'ld as sPJUse of each other, Mortpgor,.-betheroneormo"',inconsiderationofthesumof
<br />1':1 ght:AAn T hnusann and nol.J.Q9-=,-==-=,:::::-~::::-==::::--:-------------- DOllARS
<br />_ to said ~ by The Equil:oble Building and Luan Association of Grand Island, Neb....., Mort_, upon 180 shares of stock of
<br />said ASSOCIATION, Certif"_. No. L 24,155 , do he,eby grant, con>ey .nd mort_ unto the said ASSOCIATION the followins
<br />described real estate. situated in Han County. Nebraska:
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<br />All of the South Fifty Six feet (S56') of the West
<br />one half (W~) of Block Ten (10) of Pleasant Halle Subdivision,
<br />of part of the East one half (E~) of the Southeast Quarter (SEll)
<br />of Section 1'wenty one (21) in Township eleven (11)
<br />North Range Nine (9) West of the 6th P.M., rKJW city of
<br />Grand 161ana, Hall COunty, Nebraska.
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<br />tosether with ~ the fenements. hereditaments and "pputlcnanca. thereunto belonging, iocludiq attKhcd floor o:rverinp, an window ~
<br />window mades~ blinds. norm windowt~ awningJ. heatm~ ~iT rundihonmg. and plumbing and Wa.tCT equipment and accessories thereto. pumps.ItOYeS,
<br />refrisenlon. and 0100 Hxturet ilnd eqwpmt1l1 flt)W fir ~reafter att.ached to or U3ed ill connel,:1ron with said teat estate.
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<br />Aod ..hereas ,he said mo'~ has ....<<<, .nd d.... hefeby agree t!lal It>< mort_ slWI Ind wiD pay all tues md _U _ or
<br />--.I upon said pre_ ond upon 1!Us "~,,tpge ""d tt>< Ixmd "'cured tli...by bef",. the same slWI beoome delinquent; 10 fumult appnnod
<br />__ upon tt>< builditlll' on _ pro"""" ,.t...led in the ."rn of S 18,000,00 _ow. 10 ,.;d ASSOCIATION .nd 10 deU- 10 said
<br />ASSOCIATION t..he policiet {C)f saad imw-;&nce~ and not to COQun.rt (:)f pennit my wutc on Of abQut sa.td prcmilr:s;
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<br />In ~ oi det'awt in the p",(otJ}W.\u l)( any (If the lemu. a.nd ,.oftditiord of this iJ'lQl'lgage 01 the 000d secured hereby. the rnortpgee JhaIl.
<br />un demand. ~ cfili1led 10 t~te fK~ ul the U>>flga&ed pre.m.i$e$ and the mottgqur hefWY nsians. rran.tCrs and $ell om- to ,he
<br />molt~ #H tbe emU, rnenucs and IDonnc: 10 be de1lwed from the ftl(u'~ pre.miJes dwall& mcl1 time IS the mort&IiF indebtedness shall remaio
<br />uopajd; a.nd the fUOf~ mall haw: tht- pow<< to 1l~)Wl an)' <t-tr;ent Of jfgetlh. It nw.y deVtc for the purpote of re~ said premiles and. rentin&
<br />the __ and cuUedlDJ the t<<:'nt.5, '~UCJr and m;;x....tne, ;tIKI it u\it)' pay vUl -of said incouae .n expent!Ol of f~pairinc said premilcs and neccsut)'
<br />~ :tad Cltpentes incurllM in {WId1&: and .ll~nt tht ~ and of -c4lltcttJII. renuls theR:from; t.bc bala.ncc rema.intn&~ if any~ .to be
<br />appUod. toward ilk discltarge \>> ~ mOf~ _mdCl'blt'dl1("'~J fhese righb HI H~ "fIOf(~ may be eJWcciRd II my time during the cxistcO<:e of such.
<br />default. tft'eipectfW of any temponuy W.aJ~ of [he AIUe,
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<br />l'tlnt Pte.sa:au, ho~~~. ittC up;,Y1 the ('oudihon. H\at j( the ~td MOf1t>>gUf slwJ rt:pay ~id loan un o-r before the maturity of Slid shares by
<br />JlII.)'nlie.fu~ pay mmuM)' (0 uAd ASSOCI A nON of rlw '>Urn ~llIa.-ifteU ill the lJotuJ lei.'"Ur(!(j hereby :is mt~est and principal on Aid loan, on or before
<br />the Twe-nliclhday of e~h .and CWI)' month.ufi.!u aKl luau Ci fully paid.; PiY .U hUt$ andagessnM.'11tJ it:ricd ag,ain5t Slid premises and on this Morlp&e
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<br />and lhe _ _'Wed lhe..by, bel,,,. d.Uikl....."y, ."",.>Ii .ppro""d imw__ upon "'" bllildi.np the,COll in the "".. of S 18,000.00 payal>lo
<br />to said ASSOCIATION; repoy '1>..0<1 ASSOClAl1O'... upon de...and all nlOOeY by It paid for SU<:h ....lll1l, ......Ill"".. and ituuranoo with i,,"''''' at
<br />the thU.imum k:gaJ l;tte lbeHmn tfOrn dat~ ~]I pa)'mc.n~ ~n of which Morl.pgoi hcieby ~MS to pay;pennit no wuteOJl aJd prctniles;keep.and comply
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<br />withalllhe ...,"...."ond """""'''''''01 the Ilond fo, S 18, DOIl.OO . 1!Us day Ili"". by lhe ,.;d hlortPl\Ut io said ASSOCIATJON, and.comply
<br />wilh .U lhe '''''....._. of ,t>< Co.....t"I""'.nd lIy"I",... of o:od ASSOCIATION; lhen lhese _.. slWI be<omc .un ..d ooid,othcrw... !hey
<br />WI rernam in hill. f\)H.~ .and JIll). be furcdoM;d.a.l {he uptjon of the satd t\SSO(:lA TlON after failwc for three: months to make any of mid
<br />paynvrnb 01 be tht<< monUu. In iU{Ql$ in malui,& ~ Il\ll)ulhly piI}iUlC}nb. or io keep .nd Cl;mpty with the agIt:emeol$ and conditions of said. Bond;
<br />and. ~ .~. to ha~ iI fe,,'(l:tVC' .appuwtoo fitltnwlIh Ul soch fmc:.cloiwe pr.oceodinp.
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<br />If the.. .. any change UI OWDeabip of It>< leal e&lale ""'rI8all<d bet."" by We '" othcrw.... lhen the entire '.mainin8 indebt........ hereby
<br />~ .t.aD. at the optiorl oi The EqUitable Buildint\ ato<l Lu", h.......'ion of G,and Island, Nc:bra&b, become intmedlaleIy due md plyable without
<br />f1Whe, noliee, md lbe amount remainioll d... _ ,.id bond, and a"y other bond for..y addillmW __ made lbetoundet, ohaII, from the
<br />dat. of uorciae. ,,r ..id option. beat inl_ .. tt>< _ q,u """. and tlU> lllOIlpJe may tho. he f<J<Ocloled 10 _y the amoUDl due on said
<br />bond. ond ""y o!bet bond (or >dditi<>nal ..1_. together with an ....... paid by <aid 1'be Equital>lo Buildine ond Loan Assodation of Grand Island,
<br />Neltnsb fot _, lues and _IS. and abWactIDg._ chat_ with inlet... tbetoon, f,om da'" of paymenl at the tnwnum
<br />1opI...
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<br />Aaprovided in the /loA1I """""" "'..>>y. while llus """1_ renWm rn offea the morl_ may hereattor ..1-.:0 additional ...... 10 the
<br />~ of ..id 1IooId. their ....... Ot """"..,,,.'" in......, wItich....... shaD be within the security "f 1!Us tllOt1p3< the IIIllllO as the funds originally
<br />_<1 llleteby, lhe total _I of ",,,,,,'pol debt not II> excred 'I.ny I""" the o,~ aroo.tnl of tlU> morll\llF.
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<br />"" tbiI 26th day of September A. D., 19 83
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<br />>JJ,
<br />tte M. Ba1.Jller
<br />s:r^1tOf~,I..
<br />Cl:lVm'Y. (/I'.I:W.l, ~
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<br />L/',j
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<br />0.. t!Us
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<br />26th
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<br />day of
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<br />September
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<br />19 83 ,bel"",....
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<br />lh< '~., Notaty l"ttbIk in ond r", ,.;de"""l:)>, "",_y_
<br />QI!.r/.lld 1\. B&lDer and Jeanette M. Bauller, each in his and her OWl1...y,ght and ~f.,
<br />~otber, are
<br />,,,,It>t.o:_~~ swbt,>oe_s arE! 'fl1u<ltOtheaOOvoiruU~J01)~ ond they _.lly
<br />~.llw"*,,, __, 1<>'" their _tary 0<1 and ok..t ./ !
<br />Wl~ll'Yltat>tlond~.:w.l;J..,datoaf--'. / /
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