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<br />MORTGAGE
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<br />003739
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<br />MORTGAGE LOAN NO, L
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<br />Mr.TC
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<br />KNOW ALL MEN BY THESE PRl'cSEl\TS' That Richard H. Keller and Joan D. Keller, each in his and
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<br />her own right and as spouse of each other, Mortgagor ~ whether one or more~ in considemi9n ~f Lite!:'..!!!! -of
<br />P; Hy 1<; ghf' 'I'bousand...Nine.HundrecLand.,.no,LlO.ll---- --BOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska~ Mortgagee, upon SS9 shares of stock of
<br />said A&.c)OCIAll0N, Certificate No. L , do hereby grant, convey and mortgage unto the said ASSOCIATION the foDowing
<br />described reaJ estate, situated in Hall County, Nehraska:
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<br />Lot ~nty One (21), Capital Heights Fifth Subdivision being a
<br />part the Southwest Quarter (SW~) of Section Two (2), Township
<br />Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall
<br />Call County, Nebraska.
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<br />together with all the tenements, hereditaments and appurtenances thereunto helonging, including attached floor coverings. all window screens;
<br />window shades, blinds, ::ilorlll wmdows. awnmgs, he-~Hing, air {'OTHiitioning,and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and other fixtures and equIpment now or hercafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby aRrec that ihc mortgagor shall and wiH pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgag.'" :.ioa the bond secured therehy before the same shall become delinquent; to furnish approved
<br />insura"!ce upon [he bui~d.ing~ on ~~ premises siHlared in the SU~I1 of S 5t?, 900.00 payable t.o said .ASSOCIATION and to deliver to said
<br />ASSOCIATION the pohcles tor s..11(! mSUfam;c: and not to t:onlllm o-r penmt any waste on or about sald prenuses;
<br />In case of dcfauh in the performance of any of {he terms 2nd conditions of {his mortgage or [he bond sct."Ufed hereby, the mortgagee shall,
<br />on demand, be entitled to immcdi:>tc p..Jsscssion of the mortg~gcd premises and the mm1gagor hereby assigns, transfers and sets over- to the
<br />mortgagee all the rents. fe-venues alIU inC()me tn be derived from the mongagcu premises during such time as: the mortgage indebtedness shalI-remain
<br />unpaid~ and the mortgagee shall have the P<!\VC! hJ ~ppoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br />the same ilnd collecting rhe renlS.levcnucs and irv:-ume, :md it m.tlY payout of said income all ex~nses of repairing said premises and necessary
<br />commissions and expenses. incurred In l'C\lllng ;lOO managing the ~l1ne and of -collecting rentals therefrom; the balance remaining, if any, to be
<br />applied toward the di~hafge II[ ~3id fnoril:!;l~:e Indebtedness; these rig_hls uf UIC mortgagee may be exercised at any time during the existence of such
<br />default. irrespective of :tny temporary V.'3ivcr of 1 he same_
<br />These Presents, ht)wewt. arc upun ih~~ Condition, Thai if the said Mortgagor shaH repay said loan 01-' or before the maturity of said shares hy
<br />payment~ pay monlhly to s3.id ,-\SSOCIAfiON lit !he ~UHl :;pecified in the Hond secured hereby as interest and principal on said loan.-on OT befure
<br />the TwentIeth day of each and every mOI1!h.l.JlHi! ~ajd Imm i;-; faUy paid~ pay all taxes and assessments levied against said premises and on this-Mortgage
<br />and the Bond secured [hereby. bei'o~c deh!14Utll<':Y> fumish approved insU1ancc UPOD lhc_buiJdings. t.hereon in the sum of $ 52,900.00 payable
<br />to said ASSOCIA nON: repay to S<lld AS~OCIAT10N upon demand all money by It p,ud for such taxes. assessments and insurance with interest at
<br />the Ol..<ixjmum legal f3tt: th~teon flOlll \iaH' pf payment all of which Mortgagor hereby agrees to pay; permit 110 waste on said premises~keep and comply
<br />w~th all the agrec.menls and.cnndillons. of the Hum\ fOI S 58, 900 .00 tillS day given by the said Mortgagor to said ASSOCIATION. and comply
<br />With aU the reqU1rcml~ms 01 the COHSillutIL)!l and By-Laws of said ASSOC'J.4TION; then thes.;: presents shall become null and void, otherwise_ they
<br />shall remain in full rnrt:(~ :lmI may be fUI.:dosed ar the opliolJ of the said ASSOCIATION after failure for three months to make any of said
<br />paymenls or be three months in ;i!Tcat~ l!l making. :,aiJ monthly payments. Of to keep and comply with the agr~ements and conditions of said Bond;
<br />anJ MfHigagm agrees to ha"'i: <l f<':l.:ClVCr appomted 10001llwith in such foredosUIe proc~edings.
<br />If the-re is an)' change in ll\\ifIL:fShip of [he fea] estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shan, at t.he option of The Equitable Building .and Loan Association of Grand Island,Nebraska,becorne immediately due and payable without
<br />further notice, and the itITlount lcmaming due unJet -:.aiJ bond, and allY olher bond for any additional advances made thereunder, shall, from the
<br />date of cXt:rcis.e of said oplion, beJr interest at [he. maximum legal falC, and this mortgage may then be foreclosed to satisfy the amoWlt due on said
<br />bond, and any other bond for additional.a.~lvan(e-s, together with all sums paid by said The EquilabJe Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessme.nts, :Hld abslrat:ting extension charges, with interest thereon, from date of payment at the maximwn
<br />legal ratc.
<br />As provide9-~ the. Bond secured hereby,,<,...hile Ihis. mortgage remains jn c.ffecl the mortgagee may hereafter advance additional sums to the
<br />makers of sa~nd, loclr as..'ilgJIS ur SUCCC:l-:.,(~O. III lllt\~rl'st. W1Jld! mms ~hJll be wit.hin the Si;;(:unty of tillS mortgage the same as the funds originally
<br />seemed [~~_?y~ the total amount of plUlcipal ddH HO! !O J.;xcccd at <my lime the original amuunt oft11i5 mortgage.
<br />/93~t;d~his,jl // -? -c~-of /.- A. D., 19 84
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<br />Jt~"""'?i."K~lle~. --L_,-.L..Lw_~=,j
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<br />ST A1:' OF N~llRASKA, I ,",
<br />LOli'Nn DE HALL \
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<br />On till!;
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<br />d.ayoj
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<br />19
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<br />. befole me,
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<br />ilie Ulldcl~lgned:, ~ ~\lt,H)' Public 1ft and (or :>aid County, pcrsof4iUy came
<br />Richard H. Keller and Joan D. Keller, each in his and her own right;.'h?,D'j~ sP::>pe'7'~nJi'fk~~<;;~o
<br />other,
<br />me f(,"-be the idenlka1l!Ci"VIJJl S WhC'A: \l.!lllL' S are ,dllx-.:d to rile j"U'lt~ lll::;!l\.llm:ru;:t:; ~nCllt~gtH S ::Illd tlli2Y ~vctall)'
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<br />acknowledged the :iliHl. inzlnm'i:!!\ bt; tl.eir
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<br />"'")lUlJ.l.lH'f :aCI and d(:cd
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<br />JOANNE G. ROUSH
<br />f _,' ".. My (""m, c.p, No" i3, 1984
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<br />10.',S-;11\-'1 kl
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