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<br />84 - 004759
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<br />MORTGAGE
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<br />MORTGAGE LOAN NO. L 24 .2SQ
<br />KNOW ALL MEN BY TIIESE PRESENTS: ThaI Thanas M. Whelan and Terri L. Whelan, each in his and her
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<br />awn right arld as 5fX)lJ.se of each ocr.er, Mvrtgagor. whether one or mo:re, inro-nsidention of the-SUDJ of
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<br />~nty One 'T'hol]S~=-~-=_--c=--------------=::i)()LLARS
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<br />loaned to said mortgagor hy The Equitable Budding and Luan Association of Grand lsland~ Nebraska, Mortgagee, upon 210 shares-of stock of
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<br />said ASSOCIATION, Certificate No. I 24,259 , do hereby grant. .;vnvey and mortgage unto the 'Said ASSOCIATION the foUowing
<br />described real estate, situated in Hati Cnunty, Nebraska:
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<br />The Southerly Seventy-eight and Ninety Five Hundredths Feet
<br />(78.95) of Lot Eight (8), in Block Five (5), LD Wiebe's
<br />,l\ddition to the City of Grand Island, Hall County, Nebraska.
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<br />together with aU {he !cncrm:nb. h('fetllta.mcnl:-; ..lnd ".,ppuw"n3occs I.hCf~unto belongIng. lllciuding attached Hoor coverings, ail window sc:ree~
<br />window shades, hlil1ds. ;,Hlrm ,qndnw<;, ,lW'1m~s. :'I.';HHl~,:.m ,-"'Jfiti;{JOning, :.md plumbmg and. water equipment and Jccessories thereto,pumps,stoYt:st
<br />refrigerators. and other fixtures an;.} ;::t1wvmna pm\' '" t,erCcH-lcr :.ttI3Lh~d tn l'{ ~i'iei.l j,) c<.mnCctlOrl with said reai estate"
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<br />;\nd whereas the \a1l1 mOfl~~o[ 1:;'1:; :~<.:f,~t~d .1l1d ,1ut's hereby :.igrc<: ,-h<ll the r;lOr!.gagor shaH and win pay all taxes and assessments levied or
<br />assc~d llpon saId pre-nnst's ::no lhrs morHugi.' ;JnJ the- honu :y.:'cured d1(~fC'DY ~~efore the ~me shan become delinquent~ to furnish approved
<br />msuraIlce upon the hmldmi!s ,'n rrClll!':S-cS ~~!U..I..'d 1,l1he "UlUOl S 21,000.00 oavabie to '~d ASSOCIATION and to deliver to said
<br />A..t;SOClA TION the poilcic:i it)r s:.mi H1SUfanc~: :lrHl r,;)j 10 ,"umrnH Of pe-rmll an\-' waste on or iibout sald premises:
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<br />In case llf -default lD :ht' r'Cr~-nm:an,,'': ~;f anY ,'1 t;H." ;....rms and com.imons \If ihis murtgage or the hond secured hereby, the mortgagee shall.
<br />lHl demand, be enutleu 10 Immedl31t' \,i ,:1::' rnungagcJ preml$.t~ :mu the mortgagor hereby assigns. tr3nsfers and sets owr to the
<br />mortgagee all the rents, f~"enm::i :>oJ '" r;: ~',i.t:',,(jj f: om the mortgageG premlSl:s during guch ume as the mortgage indebtedness shall remain
<br />unpaid: Jnd lhe mong:ig.e.. ~b~lH havI' llll- Pd'.';:r ;" Jppumi: :in~ :-i~;:nt or ag~nb t~ ;11<:i\' a-esHc ror lhe purpose of repairing said premises and renting
<br />(he- ~me ;wd cuHectmg the fi~ms. : ,'venlU':: :HlO Illct~ml..'. Jnu I! [cU"\' pav UHt uf 3.a1Q me-ume :il1 ,.expenses uf repairing said premises .md necessary
<br />{,;1Jrnmisslons and l'xp-'.:nsc:; !Hl.'i.Hrcd Hl r,~n!;ng :;r,d (~\:-ma~lJ!g i~!.' Sdme ;tno ,.of ,;ol!ecung rentals thereirom; the: balance remaining, if any, to be
<br />apphed i~Jward the UI5\.:r.afftc l'l ~aJJ l~ll1, ;::,2E\~ InJ.d:-ll'\lll<'iS: ;he:;e Ilfc',nl~ l)\ ;he rIH..'ftuge\~ flUV be exercrsed ar any Urne during the existence of such
<br />default. Irrespc-Ctlve {If ;:nv tL'mporary ">.';.I!Vel 0'- {he s.:.-:.mi.C
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<br />fheSC' !lreSt:l1b. 'li-'wt'n~r
<br />payment: I'dY Hllmi:hi\ !,) ~~ml
<br />lhe TWenLi{~th tbv 01 .'J.en i:nJ :'\-"[:T,
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<br />'-- ('n<lll!(ln. ;'hai l~ tht' s.;mi !-.hHtg.agor ~.haU ,;:,P;))' >..:uti loan on or before the maturiry of said shares by
<br />I ie,,; ;!\[' ~:um ;;peofle-J El the Bond ~ecured hereby as interest and principal on said Joan, on or before
<br />rTj{H:\:-, ::!i\:~ <_dd )'.1;>1; 1>' j-utIy pa.lIl; i)ay <!~l ta..xc:- and 35SCs..<>ment$ !evletlagamst said prermses and on this Mortgage
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<br />.and fhe Bona ~'::UJe<l [Il{,"fe-h,- ""lw<:'
<br />10 ~Hi A.'iSOCIAr1Ci:\: r'Cp3\ ;d :wlLl
<br />the m:axmlUm kgJ.! L!!~ ll)el~Un (:O\1l <i".1:\.'
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<br />;!lil1lSn :::ppHlwd Hl:>lHance up-on 1!-1<..' buddmgs thereon HI the sum of S 21,000.00 payable
<br />[ I(l' cemand aU moncv h.,.- 't pall! j,_)( such taxes. assessments and insurance with inIerest at
<br />; ;~a\"rnt'n! ()( willl:h Mort~ilgur ~ler("hv J!!IceS to pay: permit no waste on said premises: keep andcompiy
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<br />with alllrw <.lg.ret.'mems ami :'-lm,jl!lUH<; lo! l'lt" 21,000 .00 i!ll~ day i~lven by Ihe ~lUj Mongagof to ~id ASSOCIA'I:tON.:md comply
<br />with aU the requm'flwllts l'1 l~h' 1_ .":S[;!lltnll, ,l'H~ ~h.! aw:; ('I ,,;ild AS-SOCL\ nON: then iheSt' presents ~haH ne~ome !lull and ....OId, otherwIse fhey
<br />shali fcmalll lfl full [,"1:;,::l? J!1J ;\1:':'/ f-,t' ' d the $aId :'\SS{X'L\ no~ ,lftcr failure for truee months to make any of said
<br />payments or he Ihree r!llllHh\ 'll :Hr;::1!\~!l payments. Of 10 k.e~~p and clHnply with the .agreements- and t.:ondltions of Uid Bond:
<br />.1Iltl Ml.HIR.agm :!~fCeS tu h<!\'c ~\ :""~"""\'l '(Pp~)l:l;,:d III wch lllrec!osurl' pwt'--eedll1t'-s.
<br />tf {hen.' 1\ .my dl:lIIgc ,n (>wilershll1 "j tile H~:tj t'"tate mtlltgagcd herem, by ~k ~\r uthCf\VlSC, then the i:mire lemammg indebtedness hereby
<br />secured shall. .n the (l!"Hion \'1 -J hi." !'quli~bk Bmil.!ll\~ ;W0. L0':'1ll ASSOCiation \It- Cland Island, ~ebraska.becomc immediately due and payable without
<br />funher nolla~. .md {hc ;Hllount 1-L'1lW-1Hl!1;! ,jue umJ::r -,,;uo r1vnd. ;inJ. :ll1y uther bond for any additional advances made thereunder. shall, from the
<br />date of exercISe uf $ani opnnn. be<H mlcr~~l :It If!e nt.lX1mum It.'gal !:lit'. <.iut! thIS mortg.a!!.c may then be foreclosed to satisfy the amount due on said
<br />hood, and any other bond for aJditi'lHiil.i{h<mc{'~. :"~elhl'r '.vHh aH ~ums p3Jd bv ;;ani Th'.." t':QUltabie Buuding and Loan Association of Grand Island.
<br />Nebraska for msur:ance, L1Xt'S and :osseSJ;m~nts. ,juJ. :>r.sH:t..:tmg. t'xtenStofi -.:haIgcs. with uHcre'.>i thereol1. from d':H~ of payment at the maximum
<br />legal rate.
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<br />As proVided in !h:~ Bund <:.c.cv(t'd j'<:febv. whik ltn:-. mv!tE?-J.t!.e lcm<JUlS HI dlt'l.::1 the r:lurtgag.ee m:!v hereafter adv"ance addItional sums to the
<br />makers O-f !'aid Bona. th<:l~ ;jS$lgn:.> ld ~d:..:;_:h$<l.n; HI nll"ll:"l_ ,.,'h!d: sums shaJlllt: Vdlll", tnl' ~:~''':Hmy \il Uus mongage the same as the funds originally
<br />secured thereby, the tOlai amount ~'l prmctpaJ {ld11 ~"q I,. ,:x,-..:cd:>t anv lime '.i1t' lJfIg,ma! JHlount;;i this mortgage.
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<br />Dated this lOth ,La.... pi
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<br />--....\ ~ ~-<.~3 'ry\ ,
<br />1'1......""'" H. H!.dprr---..
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<br />l!z~; -'f.;~~Je11l ,/ i :/7 !F
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<br />Septeml:er
<br />l -~\ ,__,;y.,-"-..,_<"--.... '_
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<br /><c, 84
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<br />STATE OF NEBRASKA. I
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<br />COUNTY 01- BALL i
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<br />O!I ; hl~
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<br />lOth
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<br />.lav <'<I
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<br />septe!llber
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<br />) q 84, before me,
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<br />~ he linderM~neJ.:{ Notary Pubhc lil and for Sil1d County. personally came
<br />Thanas M. Whelan and Terri L. Whelan, teach in h.l.s and her own nghthjp'iar;;;s s~'fi~n,{;~\f~l,
<br />other,
<br />me to be the IdenlH.:aJ per~m S ,-l,:hose f!am<: 5 are itTiX<.'d ill !he :!b..)\-'t" UlSHUUlt'"nI :t.l. rnmtg.agor S 3.nd they severaHy
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<br />acknowledged the ~aid instillment t;,) be their
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<br />,';IIUfll;iry del ;mJ ;j~~c{L
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<br />(/ ;)a!/F2.-n~-
<br />~_V.-k/[/.L..L...._
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<br />-,,~
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<br />(4.U:Liz:( J?Y__
<br />~otary Public
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<br />WITNESS my ham! :.:r.l! :\otaE;i! ~>di rh,_" '1211( :.'.,t.lj'""illd
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<br />My Con:misslOu n:pHt:S :7(_-"(.'..1 !( /911
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<br />A r.fMHlll NOTAftY - Sail III NIDfUIt-t
<br />, :;' JOANNE G, ROUSH \
<br />'-..,....,"- V., Comm. tJ:p. Noy. 18. 1984
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<br />!fJ..18-2M IU
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