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<br />MORTGAGE LOAN NO. L)4. 1..7
<br />KNOW ALL MEN BY THESE PRESENTS: That Wesley T. Tjaden and Frances L. Tjaden, each in his and
<br />
<br />
<br />83-006101
<br />
<br />MORTGAGE
<br />
<br />her CMIl right and as spouse of each other, Mortgagor, whether one or more, in consideration of the sum of
<br />Thir+~n Thnn~~nn ~nrl ~/lOO-----------------------------------------------------DOLLARs
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 130 slwesoflllod< of
<br />said ASSOCIATION, Certificate No. L 24,167 , do hereby grant, convey and mortgJge unto the said ASSOCIATION the foRowing
<br />described real estate, situated in Hall County, Nebraska:
<br />Part of the North 10 acres of the West Half of the Northwest Quarter of Section 10,
<br />TcMnship 11, North, Range 9, West of the 6th P.M., more particularly described as
<br />follows: Beginning at a point on the North line of said Section 10, which point is
<br />924.0 feet West of the Northeast Corner of the Northwest Quarter of the Northwest Quarter
<br />of said Section 10; running thence south and parallel to the East line of said
<br />Section 10 a distance of 331.00 feet; running thence West, and parallel to the
<br />North li.ne of said Section 10 a distance of 132.0 feet; running thence North and
<br />parallel to the East line of said Section a distance of 331.0 feet to the North
<br />line of said Section 10; running thence East and along and upon the North line of
<br />said Section 10 a distance of 132.0 feet to the point of beginning.
<br />
<br />together with all the tenements. hereditaments and appurtenances thereunto belonging. including attached floor cow:rings~ Jill window screens.
<br />window shades, blinds, storm wil1dows, awnings, heating. air conditioning. and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and other Hxtures and equipment now .u hereafter attached to or used in connection with said real estate.
<br />And whereas the 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 huildings on said premises silualed in the sum of $ 13,000.00 payable 10 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 premises;
<br />In case of default in the performance of any of the terms antI conditions of this mortgage ilr 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 o'Jer to the
<br />mortgagee aU the 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 shaD 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 collecting the rents, revenues and income, and it may payout of said income all expenses of repairing said premises and necessary
<br />coour~ns and expenses incurred in renting and managing the same and of coUecting rentals therefrom; the balance remaining. if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee UUly be exercised at any time during the existence of such
<br />default, inespective of any temporary waiver of the same.
<br />These Presents. however. ar~ upon the Condition, That if the said Mortgagor shaH 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 Mortgage
<br />and the Bond secured thereby, before delinquency ~ furnish approved insurance upon the buildings thereon in the sum of S 13,000.00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand aU money by it paid for such taxes, assessments and inswance with interest at
<br />the maximum legal fale thereon from date of payment aU of which Mortgagor hereby agrees to pay; permit no waste on said premises; keep and comply
<br />with aU the ag,eementsand conditions of the Bond for $13 fOOO. 00 Ihis day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with aU the requirements of the Constitution and By-Laws 0 said ASSOClATION; then these presents shall become null and void7otheIWise they
<br />shaU remain in full force and may be foreclosed at the option of (he said ASSOCIATION after failwe for three months to make any of said
<br />payments or be three months in arreiUS 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 forecloswe proceedings.
<br />If there is any change: in ownership of the real estate ITlOltgaged herein, by saJe or otherwise. then the entire remaining indebtedness hereby
<br />secured shall. at the option of The Equitahle Building and Loan Association of Grand Island, Nebraska, become immediately due and payahle without
<br />further notice, aod the amount remaining due under said bond. and any other bond for any additional advances made thereunder, shall. from the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />bond, and any other bond for .dditionaladvances, together with all sums paid by said The Equitable Building and Loan Association uf Grand Island,
<br />NebtDb for insurance. taxes and assessments, and abstracting extension charges, with interest therooD. from date of payment at the maximwn
<br />lepl ute.
<br />As provided in the Bond secured hereby. while this mortgage ,emains in effect the mortgagee may hereafter advance additional StUnS to the
<br />makers of said Bond. their assigns or successors, in interest, which sums shall be within the security of this mortgage the same as the fW1ds originally
<br />secured the[eby, the total :unount of principal debt noi to exceed at any time the original amount of this mortgage.
<br />
<br />Dated this
<br />
<br />8th
<br />
<br />day of
<br />
<br />November
<br />
<br />A. D., 19 83
<br />
<br />ffll~
<br />
<br />
<br />STATE Of NEBRASKA. I "-
<br />COUNTY 01' HALL i
<br />
<br />On this
<br />
<br />8th
<br />
<br />day of
<br />
<br />November
<br />
<br />19 83 , hefore me,
<br />
<br />.~_ill
<br />
<br />the undenigned, a No"'Y Publie in and for :said County, perso"aUy came
<br />wesley T. Tjaden and Frances L. Tjaden, each in his and her own riqht and as sPDuseltof
<br />each other, ,",0 are personally nown to
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<br />"., to he thoi<l<1lti<:al pe'''''' S who.. no..". S are affixed 10 lhe aOO.. ins~~. mortgagoI S and they seve. ra1Iy
<br />adl.r>oWledpd the said in~_t to be . their voluntary aCl alld deed. (.. ... I ::?t .. ~/). . ./
<br />WHNl'.SS my hand ilOO Not..... Seallhe date .foIeSaid. \. / ~ / ./
<br />A / ~~
<br />My('~.lpiret // ~~'f C''S / I ./<2:~1
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<br />-- ~. '983 ~.-p:t:~~~~~{~~!=.n .
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