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<br />#ORTGAGE ratm coNS~RVCrioN s~R~T~ ~r $~ " f 1 U ~ ~ ~ <br />- _ - --~--~._ ~ _-_ MORTGAGE LOAN NO. L 24.040 <br />9CNOw;ai:t~fE~[i3v7~siFESEPRESE~3TS:'t~rat 3ames ~7. Ostexmeier ana Lynell 1~. Ostezmeier, each i:n <br />his and l~r Cwn right and as spouse of each other, Mortgagor, whether ane or mare, in consderation of the siren of ; <br />Thi~y-~'entr Th~sa.~3d z~iS? IfoL~00--~-- ., ___------------1---^-°-------°----DO1I:ARS, <br />&raned to ice. riwrtgattxcr hyTbe l~:gtutabk Butdirrg. ant Loan Assaciatian of Grand Island, l3thraska; Martp.,ugee, tepon 340 shares of sttact of <br />said ASSCfC1ATION, Certifidtt lea,. L 24 , 04Q . da bitchy gent, convey and traarigage uMo the said ASSOCIATION tfu fallowitrg , <br />c5tscritrtdrcaltsxatt, stnafcd in .hall Counfy:.t~itbrssi!a~. <br />Part. of the Sa:theast quarter of the Scuthwest quarter {SE;SId~,) of Section 'Itaenty One ,{21) <br />Ttaarnsttip-'ltaeive {12) i~SOrth Rance Nine t9) +rJest of the 6th P.'~I., in Hall Cotu3ty, Nebraska, <br />morepar..ictllarly described as Follows: 3egia*ting at the southeast. corner o£'said <br />Southwest quarter iSW~); thence ;westerly alcnq the south line of said Section 7taer3t~~ One {21), <br />a distance of Two Sundred Eighty iZ80.J) eet; thence rartherly parallel try the east line of <br />said Salthwest Quar~er {SWi[.1, a distance cf One Hundred Forty Three {143. Q) feet; thence <br />deflectint3 right 82' St3' 13" and running txsrtheasterly, a distance of 7trio Hundred Eighty T+ac3 <br />and Sixteen !itxndredths {?_x_32.16) feet to the east line of said Southwest t}uarter {SW's) ; ' <br />thence southerly along *.he-east Yi:3e of said Southwest quarter tSW'~), a distance of <br />One Hssrldx~d Eighty Three {383.t~) feet. w the place of begirsing <~nd containing 1.048 acres <br />mare or less. <br />tgpether with a}I ehe terttrrcnta, htrednamtenrs uxi apptutrrwnots ttrttTrrrtru txkrnRrnR, includttr9t ax tachod Cltwr coverings;-atS window screens, <br />wtittlaw xhada, hlinah, xtcrim+vrrakm. ewnmpts. t;eatxnx, cat wtirrsdititnnnR,'and pitunhrrrcand warereiltupmtnt and acoeawricethcrcto,Pumps,stoves, <br />rcfrrytecataas„ arnk axher CixWxe-s and~qurpmcns new <n hcrtatitr astxcfred :rr a+ usra en . maecxiun with sand rra[ tztatt. <br />And wt>ercax tht said marxRirgear has agzcednxn1 dnestttresy agrcc ".a' tr~r ~,„~ipa~at :halt and walipay aiitaxes andassesarrrents levied ur <br />-~ <br />asteascd rxpmsaidpremisesatxi apciar t3sis rrrxmyvgeand tits txmd snu~rd r ~,. , rrtirtsarrxsiuli ixrxrirudelinyrtent' to furnish approved <br />i~wrancs ,~pw rht bwidm~ ~.» scut prsannex uruaeed to shesum ul S ;q,~ E(li) ;0 pvyabk to saai ASSfJC1A'fION~ and to deliver tosud <br />A.SS(1< IA I li ).ti the polx ut iur zaxl rnsurance, arr.? n• •t Err e•rrnmzt nx ptrxn,t ai r ~ ~,tr -.n yr atxrut said prerraraes; <br />In tae r+f default 6::hrperlrxaeurncsr+.t a,n .,t die ~+YmssnB cuzadztxr:~ :. ,gym :rr~trpaY.r. of tE,c bcind x4haxed htteby..tht mortgageesha11, <br />c.n-.lefxwml, trt caictkdt~. ~nartcdrate tr,nnexsn,r ,,~~ ,~. ~i~.afragcd prtxnry:: ,.~ ,rte :,w~,ysy~u ficrchy:. assigns;. ttansftrs. and xis over. I.o .the <br />rrxiri~ s6 [hc ~cnxs-,nvcmrer a d. r.,-„,rru i., F>c derner$ from tl~e nrutp~(,r: , C r rise: ~1,: mt..aci, [tr^~ ssihe mortgage indebCt6rrosr ahallrcrtwin <br />unpsx3= arsd-thc ro~~,egy~rr dwi7 turethc p+r«r, i,. appr~nn arxy~ airtni cxr .F-„t ~ .av .,•-eu• i~~. i ~.t t.~rpease ut tt~uxinF said-prcmixi and repttng <br />ttiesxrnc soul .,dkct,nx ,Mc trnrx.:r+rnucc aoa ~,., erc,aTid n Waxy Pay ~,~~, ~ ~ ~., ssx: a;i rs;renaex ut rcpauing raid premises andnecessary <br />a.enittiasn.as .rw ; sp s ~ rJ ,ten+tux arru managixyY tfrr tarry[ ti „q ,rntsix ttaeufcum;tbr tratanzx rttCtaining, if any,to6t <br />xpplxxitrxvvatJ r'+e xh. ~ ~, r aytapfr ~,*dtbiodrett: tittsr ,y1c, ,.><..,«,r,K.ycc r,uy.&t cxacsved at any tune dunng fheaxisunxx of sucfi <br />dtiautf„, trrrspectrvr,.~l any irm~n:,r Wa,vc-r ..t ctttsatnt. <br />flxx Prexnis. iK.wz..~r. „r HryK+ „K ~ .•:wiurpn, thaisfttrtsaid rtr.rrar~••• •.t+sai rs;svysaid fiaanexr onc~futcthefraattirity of saidshuesby <br />p~aym~mx..ywy m,.r.tnrv ;~, .ar,f a-~v><1 tiTt+.n ..: ~r,t wan slat.:t{,et rr~ ;t,., ty.. .:..-~,.,zrf Fuerrbyaa ururtsi and prirtcapalooruidloan,onurlfefure <br />Cbt"Irventi+ethda.,,tra:3•a,:,i-.c•,~„~:,o.,n:.art:,sou,iknrt,slaCitypato.=•uy.iiuxr.,.~r.1.W,css.rrtr,iskvmiagsirtstsadprrntesesandcrnthisMocte <br />arn9.Chctlantdv*.:r,rwctx:rbr.rti x -ict.rr.xtr,~y,:vrnattxarrpr~r+<.l a.,c^pn~v~buaeuagst#xxeununChtsumuf$'j4,00p.d0 puyah{e <br />to said A,tiSQt.:VA i tt rr, .cC,a, ~ ,.w a4ytM ! till(3!ti upon .:.nur,J .~-... „r ~ Iuxi f... surer axis, axseurnenu and tnsuranst wish mtcrest at <br />the nutxvnwni-pw~ < +rrn.~.~ .,,.:atc.rf paymrnt al#bi wh~ct:af,n,pryut',ei•~ao a~actxty pay:per ruiC['so wasit t>cr said prtmaxes;kup and comply <br />welt al!'the asi_crrx~ .,, ..,u r i,::•in,i„ ,• tuft Firmd fcu 3 34, 11C{?. UU ,.:.> « c:•W':- ::r ,'te said tNorigagur to sard.ASS{X;IATION, and ixfmply <br />wuh ai; rein rcquurircn,. ~,t u><r .,nu aprsn arxi Ay-Lawsvi xa:~ A,tieF Ia l]r w, trK,~ t; rest t.,~sacntx siurAibecume null and vuui, trttrcrwiseihey <br />dn6 rrrna=n ,n iui: ;.tr„r ,n„ •r~t rtr c.„-xu~d at trx rrgt,.m ~•r :ha .,.~ ~tiSeltIA I L'Itr at to failure 3`ar Chree mxFr'ttflS. W make any at"ratd <br />payrnenas t>< ;race :ranuy ~ r ~,., :. mak.rssgsard +xsaztrMy {~ . nrzn r. ,.: t., +cep ui6 u,tnply wlttr ~~t~agaeerentatsazrdcondidiana uP>axid l)cxrd; <br />axn! h/vrtg;a7,=x at~e<rs t., ban, , .e,ecrapparnxtd furiftwtCt? .r:.uei, f.„ea-.i.uure. prc><~ze1„ryes. <br />11 t tvrr< :r ;nary ctrangt ixt crsvnenns^ ;,r :f>r real rsaate mrxt~gdd beteir.„ by sale ur .siherwiat, tlecn tht entitt icnxaiuirtg uidebtedness hert6y <br />sxurcd shalt, at tart uptasn;zf 3"fir ty~:[,~le g~dhrgaadlzun dlsaorrrtim oi`€;rartd lsiaad,t~Stbra:lea;6earrxre imtt~edtatsly due anti payable xli}rout ' <br />further rH,«:x, .n.! chc artrwmt rema:.,cr:g, dot: eindra'. saidl.+arxd., andany cstfiec bond far anyaddirioaal advances madethtreundtr, shaft, freim the <br />date „[ c ictcrrr „f sa..l optxxn, :.::,crest at tyre anaxiznarzrt legal raxe,xnd thin rrr.rtgagc maythtn beforectsxed W satisfy the antaunt dirt un acid <br />barrtl, a+w anti ,.tl,ca band for ufdztioruz advgrsres,tit~ycifrer w:Fi sY. same I?~ by s73d`I'Irt L;grutshk'6w3dingahd. Lunn Aswciatiun of (:;rand Island, <br />!`kbra~i:a i„r rnsaraxxt, taxes aadsxvcxnxnta,cnd afnirx°tmg extctssuria cjtargts. vriih interest thtitxsh, froru dxu of paytxrent a:i the nvtzimutxr <br />legal nrr <br />- 4, ,,:<:YW<ai art the 14,rnt sraxtted }rrrtt,y_.,vpttit ttus a;~,::ratce : rr.,ains sn eflcec tht mtntgagc'e tray txreaftn advanm addiCiunal Burns to tht <br />uicc,+ : i + &md, circa a:rc:grss,,r ,uc.~scxs ~> rrur ~ i v dui yc w,thuz tt;+c stsurity of ihrs mvrtgagc t}ae sane xs the Cturdsoripj.Ctally <br />~arrcd t ,r;,v. Crc t.eta,' amount a>f Ixinexpat Stitt rat su .a:,rc.'- a any tir:w Cfr1' uriairsal arrusunt of rius eaortgagr.,. <br />IktP•~ sh,s 7th eta} .:,€ J'sl[7c, .•~, fk, ;it ~2 <br />~ _ <br />~: ~ ~ °. <br />57•A?F 74 4,RK ,.~R.4,~ t~52 ,:txfort nu, <br />av. !)n tt;is 7tC; :Lrv rf 111E ?_. <br />ent ssrale:sag~ d, a ,"ierxesy ;'+ib9tt rrr acr+i tirr Bard County; prise rrattyr ;~imc <br />J ~.r~.: < tersx>ier and. LL^3e11 ial. Cistvr~ic:;_er, c>acl-t in 1-1is ant her right a,c3 a.a ,•lr_3u,>e <br />a <br />-,..t r w'rsr i.Y:.t, peasonae3y kna5wnta <br />m' 'U `-• ~ .~ ,~. y ~ -st+ss~ -fr„=re xaasrar; 5 k32F: t ,. - ~ , ;3,<aic...z ntctt ^rA`p13 as a rartga~t -> anti ~ht'}' „tvera17p. <br />i:i3 lea- -Y.c .istr ~ ~ dir.. ~ ,r /',_ <br />wsaa~,.avC, ~rvi~t>oti*t ?.~'a i.~~ - <br />