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<br />004468
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<br />MORTGAGE
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<br />MORTGAGE LOAN NO. . L 24,206
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<br />KNOW ALL MEN BY THF_'iE PRr:SE~'TS: That Ronald G. Braba.'1der a'1d ~..argaret A. Brabander I eac.l). in
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<br />his and her awn right and as spguse of each other, Mortgagor. whether one or more, in consideration of the stun of.
<br />Fortv Seven Thousand and noLl00----------------------------------------------- DOll.ARS
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<br />loaned to said mOl1gagor by The Equitable Building and Loan Association of Grand bland, Nebraska, Mortgagee, upon 470 shatesofstock of
<br />said ASSOCIATION, Certificate No. L 24,206 ,do hereby grant, convey and mortgage unto the said ASSOCIATION lhefo!!OWi.ng
<br />described real estate, situated in Ban County. Nebraska:
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<br />Lot Sixteen (l6), Block Four (4), Olde Mill SUbdivision, in the
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<br />City of Grarld Island, Hall County, Nebraska.
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<br />together with 3U the tenements., hereditamcnts ;1nd appUl tcnances thereunto belonging, induding attached floor coverings, an window screens,
<br />window shades. blinds. storm windows. awr.ln~s. healing. JlI c~mditionlng.and plumbing and watcrequipment and acceSl.'.IJOes thereto,pUIDpS,stoves.
<br />refrigerators, and other fixtures <.inti t'quipnlt'llt nO\\1 or he!ealta atta.ched to or used in connection with said real estate.
<br />And whereas tbe ~id mortgagor has :J.~rt'ed and tines hert'by ilgrcc [hat the mortgagor shall and will pay all tayes and assessments levied or
<br />assessed upon said premlscs and upon (hi>; ll1t\fig.:igt' ;illd Itll' bond ;;.ccured thrrehy before the same shall become delinquent; to furnish approved
<br />insurance upon the hui~d.ing~ <In S:llt.1 pft'rHIs.:.:s ~J(ualeJ Hl the sum of:5 47,000. 00 payable t,o said ASSOCIATION and to deliver to said
<br />ASS<X~IATION the pohcles lor SJ10 mSUl3flCt': ,i.nd no; !o comnul tlr pt'llmt any waste on or about saul premises;
<br />in case of default in the pcrf()rman;;~' "f ;iny "t' '/..1.:' lenns and conditIons of this mtn:tgag~ or the bond seewed hereby. the mortgagee shall~
<br />un demand, be entitled to Illlrn('t!Qte f10~SCSSIU11 ~;; lite mortgaged premisc:> and the mortgagor hereby assigns~ trclnsfers and sets over to the
<br />roortgagee aH the rents. revenues and lIlwme :() he denwd from the mon~aged premises during such time as the mortgage indebtedness sba11 remain
<br />unpaid; and the mortgagee stull h:I:Yt" [hI: !"l<.)WCI to '-'PPOUH any agent nr agents il may desire for the purpose of repaiP..ng said premises and renting
<br />the same and t.'OL1ecting the rents, le'vt'm.!es :md ino..:Hnt." :L'1d it may P".!v put Ilf gid income 311 ex.penses of repairing said premises and necessary
<br />commi.'i:Sions aud expenses IOcurrcJ HI '\Cntl.ut,!. ,wd 1Uanagilt~ the same- and ,)f coUecting lenlals therefrom; the balance remaining~ if my. to be
<br />applied toward the Ji'scha~e of ~3.1J m(};lg~~e mticbtednt"5..'i. tl1t'st' ughts ~H the mortgage-: may be ex.ercised at any time- during the existence of such
<br />default, irr....specti~ of any lempm:JfY waIver of the sarm'
<br />fhese Presents, bowever, ,Hi..' Up'-Hl {!}.: l \mdi!l-'dH. ThaI If Iht. ~ld Mortgagor s.hall fep~y s.aid loan on or before the maturity of said shares by
<br />payment; pay munthly /(; ~u.j ,\SSOCL\TtON .A tne ~:Ulll ~pedfied m lht, Bond seewed hereby as interest and principal on said loan, on Qr before
<br />the Twentieth Jay of ('ach :md ':V<:'f~ !U~)!;t~" UIllll s..:1Hllo<l1l I.';' fuiiy paId; pay.all tax.es and as..'OC$S.tnents levied against said premises aodon this Mortgage
<br />and the Bond seemed tth:feh~ , r-ot'f"l e i.i~hIH.J.Ul;tIKY, ! Ufms.h ,(ppw\rt:d insuraol.:e upon the buildings thereon in the sum of S 47,000.00 payable
<br />to ~id ASSOC!A TION~ n.'p~}-' ,.0 'i.:\d ASSOClA no~ t:ptm J.ermmd all mont:y hy !, i'l>!id for such ta...xes, ;:lsses.\'menb and insurance with interest at
<br />the ma>..imuln legal lotlC thl'llVll fh'm d.;ih' d parOle!!l :llll,r whit.:h Mortga~r he(~by agrees (I) piiy:permit no waste on said premises; keep and comply
<br />wHh alllhe agll:cl\l(.'nts and cnntiJtllln'\;)1 rhe 1).)11<1 I'm 5 47,000.00 tlus day gIVen by the :-;.aid Mortgagor to said ASSOCIATION, and comply
<br />wilh alllhe re\lunements uj the C'~!l:'\Ul:U!IHll .1m! By.t.aw~ of saHi ASS(X.'IA nON~ then these presents shall become null and void. otherwise they
<br />shall umlain in full f\H~:c JUii mJ~ lw ]OI,,~dl~Sl..ti J! :hl~ nplltHl .A lhe s<ud ASSOCIATION after failuIe for three monlhs to make any of said
<br />payments Of he three 1I1U1I1h~ III Jlh::;.t!'i 11) mdkllt~ -;,ud 1ll\Jlllhly paymcnt:-., nr to keel) and ct'l1Iply with the agreements and condiHons of said Bond;
<br />and MOlIgagll1 agre-t's to ha..t.' a ;,.'(\:....,', Jpptjall~li r~'l\hwlth III ::;uch fou:doSUfC plO"\:<t'\.lillgs,
<br />It theh;" IS any .change in owncn.ilJp pI lh(: leal t:SI....t~ tll<Hlgaged helt:in, by sa.It," ur otherwise. then the entire remaining indebtedness bereby
<br />secu[t"d shall, .:It the ,.\ptil..1o l.~f Tht: t'ql.l~!jbk Bmhhng ,lOti L{la.n As.st.l{'iailOn uf (;rand tsland, Nebraska, become Immediately due and payable without
<br />further nm.ce, and tll(" ;uuooul H:m~mmg ~tuc IJJlJCI saltl bOlld, and auy \.\lher bond for any additional ad'4I\ces made thereunder, shaIl~ from the
<br />date of exC'tl~tSC \If::;alii opllOH, hC<lI iOl~h..~t at !ill' nl.i\.lfiwm It.-gallatc-, ano this mortgage may then be foreclosed to satisfy the amount due on said
<br />bond, anti any l.thel bond TOf addittonal advdnces. ti)~tht'r with ail sums paid. by said T~ I~quitabte Uuilding and loan Association of Crand Island.
<br />Nebraska fOJ inswance, ta.\.cs. and .l~ssmcnts, .mJ. abstr4.:tlng extcnsinH ~halg~:i, with inlerest theleon~ flOm date or payment at the maximum
<br />legal rate.
<br />As pwvid-ed in lhe H,l)oJ scctlr..'J h<,;(..:h~, wiuk HlI,s llHHlgag~ fe-maUls. 1IJ I.'fft~ct the. lllOrlgagec may hereafter advant.--e additional sums 10 the
<br />ulakeo; of ~ld Hond, their as:s.igm. PI .'UU'l;~\,ll.'" In d1!:.'ln.!. wlu.:h ::>UIU" :~h8lJ bf' wllhm the security of this mOHgagt) the same .as the funds originaUy
<br />~cured tbelcb)', the total :tIlk)Unt F.l! pfln..ip...i dd~t lhlt k \':u.l'eJ at ;ln~ 1!1lk.' the llllgmal amount of this mortgage.
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<br />.Jloted tlu, , 6tll
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<br />J.a~ 0\ ,June
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<br />.\ n. 19 84
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<br />STATic 01' NEBRASKA,/ "
<br />COliNTY OF IIALl , \
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<br />JI} 84 ,befure me,
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<br />lh,,' tllH1cH.1f.1l;..'d, J NO!.H} Puhlic III ;lflJ fur s.:ud (nunty, r~nonanyoune
<br />Ronald G. Brabander and Marqal-Ct. A. Brabander, <'dch in his and he~h\,"'~\f~9ht P;;Y.l;-1.1j'/\n~';N.1'(~
<br />of each other,
<br />me In be (he Id("lUi\':~J pel'>lom S ""h,."1"\.' l1Jfli(' S are ,iHt.\l'J 10 the ;jhuv~' lll:<"<!:tllll:Ct:(.i\ 11h)fi~U1 S 1lnJ they ~"~ElI.lly
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<br />their
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<br />"VIUfl~M~ ctd Mill \,h..,'J
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<br />itr1.nuwkdg<'d the :,0110 tltitrltl~l\~Hl (...1 tv
<br />WlfN 1'_"J..,) my h.llhl .,at!
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<br />:-"~.id lht, ibh' \lJf!~':-i,:UU
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<br />My C('mmiJ..IJ;l-{'ll f ",p,fC_
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<br />l\lufl!.ry P~lI'!Jc
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<br />".tl.\\ Itfl~T - ;t.~~'~ ';~~l
<br />J01-NNE Q. RQUSH ,
<br />"_lIt.C.."" hp HIl, 18, 1984 i
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