|
<br />I
<br />
<br />84 - 003344
<br />
<br />MORTGAGE AND ~ST~:r~~~l'!'X,_~~~
<br />
<br />r
<br />
<br />MORTGAGE LOAN NO_ L 24.214 l\ML
<br />KNOW ALL MEN BY THESE PRESENTS Th.t Gary L. Wilhelm and Pamela J. Wilhelm, each in his and her
<br />
<br />own right and as spouse of eac;h other, Mortgagor, whether one or mor., in <:onsiileration of the sum of
<br />Fifty Eight Thou~~d _aJ"l('Lfl~l()()-=:--=::-=--:--==-_-::=:===:=====-=--:----------- . DOLLARS
<br />
<br />loaned to said mortgagor bv The Equitable Building and Loan ASS()(..-jation of Grand Island, Nebraska, Mortgagee. upon 360 sbares-of'stock.'of
<br />said ASSOCIATION, Certificate No. L 24,214 l\ML ,do herehy grant, convey and mortgage un.o .h. said ASSOCiATION tbtfol.lowing
<br />described real ~ate. situated in Ball C(lunty. Nehr:i.~a:
<br />
<br />All of Lot 2 except the Southerly 10.93',
<br />
<br />Island Acres No. 14, Subdivision, in the
<br />
<br />City of Grand Island, Hall County, Nebraska.
<br />
<br />
<br />together with aU the (encmem$. heccditallll;flL'> ~llHj "ppun.::mwt..'e~ lhereu{)lo belonging, induding attached floor covcrings~ all window screens;.
<br />window shades.. blinds. storm wmdnws. .1WHmgs. he3tmg, ElI nmditioning.:.md plumbing and water equipment and aU%ssories thereto.pumps~st()'VeS.
<br />refrigerators. and other fixtmes .and cqlUpmcn~ now fll h{~n:after attached to or used in connection with said leal estate_
<br />And whereas the !;;;lid mortgagor has agff.:('u and 13o.,s hereby agft..t: thai the mortgagor shall and wUl pay aU .taxes and assessmei1ts.leYied.Of
<br />asses...ed upon saW premises ;~nd upu;: iiH~ Hl'.in.j;..1r;t' ~nd: the' t:ono. ~~1-;UWJ thereby before the same shall become delinquent; to JUiniah apptoved,
<br />.insurance upon the huildings t~n ~:t1d premises ~iiualcd III {he mHi of $. 58,000.00 payable to said ASSOCIATION and.. to deliver. tQ' said
<br />ASSOCIATION the policies fpr 'i<11J m:\:Uf,H1Ct.'. and lwi ~{l commil nr permil any Wa$Je On OJ about said premi.ses~
<br />In Cas( nf default in the rcffoHH-iJnt:l~ ,)f ;wy of !he iams ami cnlHhtion::: of this mortgage or the bond set.'UCcd hereby. the.mortgagee'shall.
<br />on demand, be: entitled to i.mmediate p..)~,$l::,s.s.jlln of the murtgaged pn~mi:i(.'S am1 the mortgag.or hereby assigns, transfers. and sets -OWl. . to. .the
<br />mortgagee all the rents, fC\leltlJes. and In'':nm~ It'I bt'. dcrnierl fcom the- n'K)rlga~~d premises dLUlng sm:h time' as- the mortgage indebtednessshalheniain.
<br />unpaid~ and the mortgagee ':ih~ll ha...J,~ the lJ'OWl.'f {,) i:Ipf)\)Jnt .lfly ap.enl or ageoh it may desire for Ihe purpose of repairing said premises. and renting
<br />the sa~nc ;.IUO c(lllcc1ing the .1 t'lIl\<. !~Vc!(Ut:~ <tnd incQl1lt, ;md i! Hlay t~y ;.Hlt of, 'Wtid income all expeusc-s of repairing said premises .and .ncce:sSarY
<br />couum.ssiOJlil and f~XptlH.iC~ mCUH\:J. HI 1t:IHili~l and mana~mf, OW ~;.aJIW ami (}I eollecting tr.,lnlals therefrom; the balance reIJUclining. if any.. t.o be
<br />applied ~owaId l~l~ J.1Sl;h:...rg.e of :'laid l'h!-.t~al;" uHldn.;J.n'::>...~ iht'~ rig.hls 01 {he mUI tgagce may be ex.ercised at any time during the existence of such
<br />defauJt, IrrespeClIVt" l\f any tempm.;;ry wtitvn ,j[ tht~ SOHn....
<br />These PT~SCHb, hOWCYCf, ,lie npvn tiH: (",IH.hllOH, Th:H :1 tlu: ~:jj(i M\iIlg:ig':J[ 'Shall P;pay sajd loan on or before the rnatwity of said. shares by
<br />payment; pay mOIlthly h) \atd ASSOCIATION ..~f lIte v.un :;p...t:,lfied III the. Hilfhi :!>et'Uft::J hereby <I:! in1ere-st and principal on.said loan...on or before_
<br />the TwenUelh day of CAch ;lnd <:Vl'ry mOllth, \,fttd .ti;t,d lo;l.ll IS fully polld; pa)' .<Ill tax.es an~l assessments.. levied agaimt said pI.emises andon thisMortgage
<br />and the Bond secured !ht:i\.+v. bt'fi:Ofl; fUlfilS/) .lppf0Ved lIlSUlJm:~' upon the tluiidings [hereon in the $um of$ 58 t 000. OQ . payable
<br />1(\ ~id ASSOC'IATlON: rqhlY to s;uJ upon demand:fa money hy ir p.iw:! fur such taxes, asseSSOl(ints and msura.ncc with interest.at
<br />the maximum legal ralt: H,cf\;'(;g from date J;Jl of Wllldt Mongagor herthy agfc~~ to pay; permit 110 waste on said premises; keep and cxJmply
<br />w~tit all the agfce.menb and .L01H.tltJUm tJof ~he Bo!:d j,,1 :1 58 090 ~ 00 !Jus ;Jay givcr! by the said Mortgagol to said ASSOCJATION..and comply
<br />wllh ail the requutllicnb l;! th~ (nn:H,tull0fl ;WG By.LIWS ofs;ud ASS(X~IA TlON~ thc.n these prc&eItts. shall become null 'and void,otberwi$e they
<br />shall remain in full fOll-'C :,HlJ mas h{' ft}l~d.)~u {{I the (!ptlun uf the <;4uj ASSOCIA nON after .failwe for three months to make any 'of said
<br />payments or be Ihn.'c months in d[i<:4ili. III makin~; ;:.,.tit! tn"nthly payml~nt:t.. ~\~ [0 keep iilnd comply wilh t.he agreements and conditio~ of .said Bond;.
<br />and Morlgag\n agree.s It.) 11"..-:..' a n;...(\WC{ itppul1Hed f~Hlhwllh in $\l4.':h fOH~dHsure pru,ccedings,
<br />If t~H': is any change ill own"r~h.ip .)t' tht.~ real ('statt' mi..lJ!g<!gcu hen.':ifl, by sale or otherwise. then the entire remaining indebtedness hereby
<br />secured shall, at the option of The- EquitJblt~ Build:inl~ .<ill\! Loan Association of Grand lsfand,Nebraska,beooIDe .immediately due and payable without
<br />furttk:r n<Hi~c, and the amuum ic-maining ~!u(' l.mdcl 5a~d lmfi\i, iHuJ any ,.lIhel bond fUf any additional advances made thereunder.shall~ from the
<br />date of exercl$C Hi" said oplton. beal mkH:).\ <'It ill.(; rn.~;ummn ic-gal r:ile. and 11m.: lU"Irtgag.c may then be fureclosed to satisfy the amount due on said
<br />oond,and any othl..'f bond fOf a~1dHinnal h.'>gctht:f with all Si.HllS paid by said The Equitable Building and Loan Association of Grand Island.
<br />Neblaska. fOI in.sUfil.uce, !;iXt::J and llos:tr;,":IJ.fi!j. t'xtcl\Si\.!l chaIgt.:"s. with iIHercs.t thereon, from date of payment at the'maximum
<br />legal fa~e.
<br />As ~)H!vjded :n tho,; Bond M.'.-:l!:"l;~d hcH:tJ}, winle {hI;; m~ll!.gJ.gc lcmaius in ~n'c-ct the- mmtgagee may hereafte,r ildvarux additional sums to the
<br />maken of said Bond, lhclf a~;;signs; <\; .5U':':C':>,:;,-.".', In,ml.:,.;~t. '....'fHd. StUB::; !;haU tH.' within .lhc $(.'curily uf this mortgage the liame liS- the funds originally
<br />'5t:l;UlC'd thereby. the total ;m:iOunt 01 pnJKlp.d de"N r:;:,!t Ii.} O;,0.~eJ if( :iny IlTm~ lhe original amoum of thj~ mortgage.
<br />
<br />~(~;. teuth.>, 21st
<br />"---?1 c ../,',. "i~/; <~)
<br />/. ./, ~'A..-J& _ L(kJ:~u~jj_~..._i
<br />'. r)ff(."'Wi1rfe1Jl1--"(l., "
<br />V'-.l/I'wrf.,. ),}./
<br />Paille ld J.' 'l11?1Ip ..."..:; f
<br />
<br />,idY
<br />
<br />June
<br />
<br />.'\,0.. 10 84
<br />
<br />';H,
<br />
<br />I.t_~..._
<br />
<br />STATE or NLllRA..<;I(A, i
<br />COU!>i1'Y OF ItAI.!. i
<br />
<br />(" III thi~; 21st
<br />
<br />;by t.d
<br />
<br />June
<br />
<br />19 84 , hero,e me,
<br />
<br />L
<br />
<br />Jhe UlH.i':(SJ~.n.ed. ~ ~Q\ary P\I,b.lic in and fot, said County. penon.l1lJy came
<br />Gary L~ Wilhelm and Pamela ~J. Wilhelm, Gdch in his and ht:~r c<<NTI rigi.ktoan~J:s sWifnill~~1li.o~trrJ'
<br />other,
<br />me H.. h.c- th<: id~n!i<.:;jt p("r'it:'f) 5 ..,>'tl(;'",. ()j,m:: s arc ~l!i\X-i."U tJ.' tht- Ilhuw Hh!HJ.1Uf"nt lttIH!gag.m S 1.nd 'tIlt,:;?y .scvt1ally
<br />
<br />aa.ftl:twk43Cd Iii:<': :~lcl ua:ln/O).<;:HI hJ he tht..~i r ,'~,lvnl~"y i".:t .:.llJ (~~',,:~1
<br />\\TlNlS-"\ lll"l ki:'!I) Nu,"I\,:.t.1 (h;:, (b.t;;; aio!c~t(1
<br />'h C''''''''''';'''" CXyWCS ~.{){J, J I J? tf tj
<br />~ "Utf:~;;~u~~.-'~"h" .. C
<br />l.Io:tlJ,'-1.MiI~ '. JO.ANt<;F
<br />: ';'0'" ,: <'.. ~ fAr;'<1fi hr:
<br />L":::"~':"<".N"'::." ^_,,_.,
<br />
<br />
<br />//}
<br />/'" .;/
<br />( /::"A' .' r
<br />-7" t.''I:L:'lt;;Y C
<br />
<br />)
<br />p '-<~/.(d
<br />NOL$.I:';f "nbhc
<br />
|