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<br />004336
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<br />MORTGAGE See L 230415
<br />MORTGAGE LOAN NO, T. 24,255
<br />KNOW ALL MEN BY TIIESE PRESENTS: That Gary L. Bu..."t and Donna J. Burt, each in his and her
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<br />own right and as spouse of each other, Mortgagor,whetheroneormore,inconsiderationofthesum"f
<br />Five ThousanQ and no/1QO-------------~--~~~===---===----=====---~=~-~~,QO~
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<br />loaned to said mortgagor hy The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 50 sbaiesotSiocl<of
<br />said ASSOCIATION, Certificate No. L 24,255 ,do hereby grant, convey and mortgage unto the said ASSOCIATION. the folioWing
<br />described real estate, situated in Hall County. Nebraska:
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<br />Subdivision, an addition to the City of
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<br />Lot Eleven (11) in Imperial Village Fifth
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<br />Gran::! Island, Hall County, Nebraska.
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<br />together with all the tenements, hereditaments and appurtenances. thereunto bekmging. including attached floor eo~ings.. aU WindoW'_'saeens;:
<br />window shades, blinds, storm windows:, awnmgs. healing, air ronditioning.and plumbing and water equipment and acc:essories thereto'~pUmps.,st~
<br />refrigerators, and other fixtures and equipment now Of hereafter attached tu or used in connection wit.h said real csta.te-.
<br />And whereas the saw mongagor has agreed 3.nd does hereby agree that the mortgagor shall and will pay all taxes and assessments_-leYiccl-ot
<br />assessed upon said premises and upon this mortgage and the tx..nd ~curt':d thereby before the same shall become dclinq~t;- to fu:rni~ .~
<br />in~r:mce upon the buildings on s.a~ preml~ sJiualcd III the sum oi "$ 5, 000 .00_ payable to said ASSOCIATION and -to dclMi to".m
<br />ASSOCIATION I he JXlhcies for sud m.suranCt'; and nm to (:\murut or permit any was.te on or about said premiscs~
<br />In case of def~uJt in Ihe per~onnanl..'t" of any of the terms and conditions of thi:s mortgage Of the bond secured hereb_y~ the JItOl"tpgI:e sbaD.~-
<br />,-m derr-.,lwd, k e-ntllk--J to inUlteUiaie ~SSl(.ln of tilt" mortgaged premises and the mortgagor hereby assigns. transfers and sets- over t()__-tbe
<br />mortgagee all the tents., revenues and income to !x: derived from the mortgaged premises during such time as the mortgagt indcbted..oea sball.romain
<br />unpaid; and thr Inmt~ shall hif\<C the p....WCJ to app;;Jiul any agent u1 .d#IlB ii may desire for the purpoSle of tepaJring 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 premiJcs and nec:cssary
<br />colIlIllissions and expenses incullcd in renllng and managing {he same and (If collecting rentals thercfrom~ the balance remainingdf any._to'bc
<br />applied toward the discharge lJf sa:..! rnflrtgage tndebtcdn~; these right!; of the mortpgee mn)' bt- exercised aL an)' time during the existence of such
<br />default, irrespeclive of <Iny \(,nlptuary WaiyeI of tht: same.
<br />These PresenlS.. h~,)w(';vel'. are upw~ the Condition. That if the said Mt)rtgagor shaH (epay said loan on 0; before the mar.wity of Said sIw:es by
<br />paymenl; pay monthly to Uh.t ASSOCIATION of (he -sum specified 10 the ROM secured hen:b-y as interest and principal o-n -said loan~ on Of before
<br />the Tweuliellr day of each and "'\'ety IThJnlh. wall said loon IS funy paid~ pay aU tax;~ and assessments levied against Sitid premises- and on this MortPF:
<br />and the Bun\! :il:curctI thCH:__by, bdurt: ~linqUC'ncy; rurru~h Olpps:oved Utsurau(..'C l'f~u1~ the buildings thereon in the sum of So 5,000.00 ,pa-,Vable
<br />lo said ASS(X.'IA110N: term)' to ~nd As...'\Ot'L.-\ nON upon demand all ffll.,fte)' by Ii paid for s-uch taxes, asseuments and insurance with intetest at
<br />the maximum 1~..;Ii fate thereon fwm Ja.te (If pa)'nlClJt a.1l of which Mortgagof hereby agree5 to pay; permit 00 wastcon~d premises;kecp andcomply
<br />with all 1he agreements .ami r,)ndllIOfls of the fi,,)nd fur So 5 000.00 JhlS day gJ\le11 by the said Mortgagor to said ASSOCIATION. and comply
<br />with all the lequifcn~nh 01 the (unslihUH'lf1. ;toJ liy.La~:s 'of -s.aid ASSOCIATION; then lhe$C presents shall become null and void, otherWise- they
<br />shall remain in luti f\\tl..~ ami rrw) be rurt'"dt~StJ al the (Ipuon of the .s.:atd ASS,OCIATlON after failure for three months to make any of said
<br />paymenb: t..1f be lhnx months ill arfcJJ~ Ul makmg said monlhly payments, or to k.eep and comply with the agIceQlents.nd conditions of said Bond;
<br />and MOfl&agOf agu.'t."s to ha't't: a fc;;el't'Cl appointed forthwith ill SUt,:h foreclosure pn:l;;..udings.
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<br />Ii thele ls any clumge in uwn<Nhip of the It...! estate lIiOltgagcd hf:rcm. by sale or otMrwise, then the entire remaining indebtodJless hereby
<br />,"",wed shall, at the option "r The Equllable lluilding and L"an Ass"""",tion of Grand Island, Nebraska, become immediately due and payable wilhout
<br />further notice, and the ilOKtUnt temainlng due urnkr said bond, aCId any uther bond for IIny additional advances made thereunder. shall. ffOm the
<br />dat~ of exeu;1$t of saKi option, be-ar interest at the tN.).lmum Jepl ralc, and this mortgage- tna}i then be foreclosed to satisfy the amount due. 01\ said
<br />bond~and any otbe-r bond for additjonall1d\"lI~li;t:s., tngclhc.-f I.Ioilh aU SU!HS l-'>d!U by said The Equitable Building uld loan Association ufGrand Ishmd,
<br />Nebraska fot insurance. taxes and asscssmcllls, and <ib~lr:iCtmg exlCUSlun charges, with int.eu~!d lhelwn, hom date of payment at the maximwn
<br />legal f'ol;te
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<br />As. provided in the lkuw Sl:'cUOt;_d hereby, while thiS mortgage lenl,;lIOS Ul C'flect the mortgagee may hereafter adYMh;e additiona.l su.ms. to the
<br />makeri uf said Bond, thell a.s:s.igns U! su(~c~s.:.o,:s in mte'fC~. wlm;h sums ~ll he within the $iCe-UTity of this mortpge the Mlnle as the fWldsoriginaUy
<br />:seemed theleby. the tuta) afOOunt ~\f principal dt>bt n.:H to ex.cccJ :.If all) tHt1C th~ oligina! amount I..)f thIS ftwrtgage.
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<br />August A Il. ,<) 84
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<br />. lr lh: " 20th;, ~,t
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<br />r:u...1ct :i. ,.~ t-'". / . '.', "_: ..w::::::~._
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<br />STATE or NE8RA.~I(A, f
<br />ss,
<br />COUN'fY Of HALL
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<br />Onlhi:$
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<br />20th
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<br />d.'J.)'" ul
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<br />August
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<br />1'1
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<br />. bc(l)(t! 1tW.
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<br />Gary L. Burt an::! Donna J. Burt,
<br />other,
<br />'fK 10 be. Ult" !&nt~j rlCnUII S \.\'!K~' name S an3 ~fth,cJ h! 1h<: ,ih.H.e m:\-lrWneHt ~~ rn'..ln~\lI
<br />a-clOl("'!'wll!'Qgt,j tl~, :Q~ ml1n,.ifOL~nt 1;.1 Oi tJ'.11'[' ..'\>lunLHy ~_fl ~1\.;J (k-{"_ti
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<br />M)("HlmHl\i...,.Wlll~''\ri.r-e", ~#_, ,/y Iffy
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<br />{h;;: uHd~IMg.ned, ,I "'(~taJ)' PubtH: Ul ilm.! for saN l\~UUlY. r-crsvnullycarne
<br />each in his and. h::r ()\,>on right and ~~ s~~se o~rSlYn'in;\nown to
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