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<br />84 - 003613
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<br />MORTGAGE
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<br />MORTGAGE WAN NO. r. 24 f 207
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<br />KNOW ALL MEN BY TIlESE PRESENTS: That John A. Widhalm and Judith C. Widhalm, husband and wife,
<br />and Richard L. Snyder and Connie J. Snyder, husband and wife; each in his and her
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<br />awn right and as spouse of each other, Mo~r.wbether."..or_.in_ofth..umof
<br />'T'wPnt-y 'T'hrpp 'T'hnll;;,mc'l 'fwn Hllndred Fifty and no/100--------------------==:1JOlLARS
<br />loaned 10 said mortgagor by The Equitable Building and Loan Association of Grand Island, Neb,aska, Mortga&ee, upon 232 sIweS ofStodcof
<br />said ASSOCIATION, Certificate No, L 24,207 , do hereby granl, co..ey and mortgage unlo the said ASSOCIATION thefollowidg
<br />described real estate, situated in BaU County. Nebraska:
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<br />A" of Lot 'fWo (2) f in Gilbert's SUbdivision of Block
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<br />One (1) f in Gilbert's Second Addition to the city of Grand Isla'ld,
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<br />Hall County, Nebraska.
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<br />together with all the tenements, hereditam,ents and appurtenances thereunto belonging. including attached floor. coverings, -aJl \JIindow_ ~<:
<br />window shades. blinds, stonn windows, awnmgs, heating, air conditioning, and plwnbing and water equipment and accessories theretO, ~~ .
<br />refrigerators, and other fIXtures and equipment now or 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, ~ts}e~~4}?r
<br />assessed upon said premises and upon this mor~gage and the bond secured thereby before the same shall become delinquent; to'flIQUsh:a~o.
<br />insurance upon the buildings on said premises SItuated in the sum or S23 250. 00 payable 10 said. ASSOCIATION .and todelM:r to.,sOid
<br />ASSOCIATION the policies for said insurance; and not to commit or pe~t any waste on or about said premises;
<br />In case (If default in the performance of any of the terms and conditions of this mortgage or, the bond.secured hereby. tbe"DlO~gagee:~~c"
<br />on demand. be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns~ transfers ,ana, sc_ts ,o~ ':t<<J. iJhe
<br />mortgagee aU the rents. revenues ~nd income to be derived from the mortgaged premises during such time as tbe mortgage imiebtednCss ~~~maiIl
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing. said:p~:3I1d,,:re.~~~'
<br />the same and collecting the rents, revenues and income. and it may payout of said income all expenses of repairing' ~d- premises, aiid. ~
<br />commissions and expenses incurred in renti.ng and managing the same and of collecting rentals therefrom; the. balanCe re~g~'jf anY;-1o,.be
<br />applied toward the discharge of said mor{ga.ge indebtedness; these fights of the mortgagee may be exercised at any time during.the existence ofsUch
<br />default, irrespective of any temporary waiver of the same.
<br />ThL~ Presents. however> are upon the Condition, That if the said Mortgagor shall repaY said loan on or before the. maturity, of Said.~es-:l!Y
<br />payment; pay monthly to said ASSOCI A TION of the sum specified in the Bond secured hereby as interest and. principal on said loan. on 0[, ~!~~.
<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 inswance upon the buildings thereon in the sum ofS .23,250. 00 ~Y~J~
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes. assessments and.:insurance with .inlefest.-at
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste_on said premises;keep and comply
<br />with all the agreemenls and condilions of the Bond for $ 23 f 250.00 this day given by the said Mongogor 10 said ASSOCIATION, anil coilip!y
<br />with all the requirements of the Constitution -and By-Laws of said ASSOCJA TION; then these presents shall become :null 'and void. _otherwise"they-
<br />shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to. 'make any.,of:~d
<br />payments Of 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.
<br />If there is any change in ownership of the rea! estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at lhe option of The Equitable Building and Ulan Association or Grand Island. Nebraska, beOODle Immediately due and payable .withoul
<br />further notice. and the amOlwt remaining due under said bood, and any other bond for aoy additional advances made thereunder. sbaD..from. the
<br />date of exercise of said option. bear intere~1 at the maximum legal rate. and this mortgage may then be foreclosed to. satisfy the ~t d~ on: said
<br />bond,and any other bond ror additional advances, together wilh all sums paid by said The Equitable Building and Loan Association "fGrandIsland,
<br />Nebraska for insurance, taxes and assessments. and abstracting extension charges. with intetest thereon. from date of payment at the maximwil
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<br />As provided in the Bond secured her.eby, while this mortgage remains in etTect the mortgagee may heteafter advance additional sums. to the
<br />makers of said Bond, their assign~ or successors in interest> which sums shall be wi.thin the security of this mortgage the same as the funds origiDally
<br />secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />Jpate~ this /. 15th j day or . June
<br />C~~l~~) JJc.# ~..:~~~~
<br />~'=....d~> /J:~. 1'; ~~I "U<.."~/ "/:~_:r.(. '~'/ /
<br />/ Judith C. Widfialm
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<br />STATE OF NEBRAS. . 'KA,!
<br />ss.
<br />COUNTY OF HALL
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<br />On this
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<br />15th
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<br />day or
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<br />June
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<br />1984
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<br />. before me,
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<br />UH3-lM Itl
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<br />., .... f;qJ. .... 1. till
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