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<br />MORTGAGE ~~ ~ (~ U 3 ~ ~ 6
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<br />MORTf:AGE LOAN NO T. 24 ` 051 _
<br />KIVON'ALLMENBYTAESEPRFSEM"1'S:Titet Edwin. C. Sittler and Janice K. Sittler, each in his and
<br />her O4V71 Z2~It: and as SpQUSe O£ each (?t}t2.T', Mortgagor; wfiethe[ one or mare, in :consldentioa of [hc sttty of
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<br />--_-°------------.----------°"---------DOLLARS
<br />loaned to said mortgagor by The Equitable Budding and laarr Association of Crand Island, Nebradca, Mortgagee, upon 370 shares of s[odt of
<br />said ASSOCIATION;.Certificate-No. L 24.05 , do hereby grant, convey and mortgage unto the ssid:ASSOC[AT[ON tlrefollowing
<br />descnlxd real estate, sitwted in Hatt County,: Nebraska:
<br />Lots Nine (9) acrd' Ten (10) of Block. Nineteen (19) ,
<br />of Morrill°s Addition to the City of Grand. Island,.
<br />Hall Cotutty, I3ebraska;
<br />.together with all the tenements,hsreditamtn[sandappurtenancesthtceunto helcnging, includivg.. attacdied Hoar coverings, all.. window sveem,..
<br />window shades, blituls, stotto witrdows
<br />awnirrgs, hptiag
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<br />n[ and accessories thereto,:pumps,staves,:
<br />'; iefrigentots, and other factures and equipment new or hereafter atiarlred to or vsd :irz. cartnection' with said real estate:
<br />And whereat [ht said mortgagor has agreed and does hereby agree .that tfie mortgagor: shah and will pay a@ taws and assessments kried or
<br />aatessed upon aid premises and upop ihrs mortgage and the bond severed ih
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<br />are the same shah become delinquent; to furnish approved
<br />tnsuranceuputt the bttildiags oa saidprtmssrasituated in thesum af5:37 ~ 000..00 payable [o aai. ASSOCIATION Gird todeliver to said
<br />ASSOCIATION the policies fa said instuance; and rmt to commit ors permrtany waste an or abaut
<br />said
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<br />In caserof default in the performance of any of the terms and a+nfditions of thrs mwtgage or the bond securedtwreby, the'mortgagee-shall,
<br />on demand,be entitled to immediate
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<br />premtses and. the mortgagor ticrebyassq}ts, transfers and setsover to the
<br />nwrtgageeallihe renu,revRnaa and tntxrme: to.be derivni from #fie mari
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<br />e v khe mortgage indeG[edtxasahailremairt
<br />: tutpaid; and[hemartg~e stall trout the power toappomt any agentaragents i[,may dt-: ~~; far-tbe. purpose of repairiagraid premises and tenting
<br />the sarrre and collkcting the rents, revenuesamlincome
<br />aadit may
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<br />expetses. o
<br />repairatg said. premises and necessary
<br />Jw[nmissians..and expenses inewred cur rentutgaad managing the..sanrcand of collecting rentals tlrerefram; the fialana remaining
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<br />ard tht ditcfiarge of said mortgage rndebtedness: tfiese rights of the rtwrtgagez may: be cxeraaed a[ eny time doming thtexistenceof such
<br />default, ireespeutixreofsny tempararywairer of the ame..
<br />Thew Presert[s, however, arevpan the Candttwn, That d the said:Mortgagoi. shall repaysaid knee on or bek'ore the matwity. of said shares by
<br />FgYment; Fart monthly: to said ASSOCIATION of the sumxpecifiednr{Ire Bo
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<br />secure
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<br />the Twentrth day of each and everynantix, until. sattl lean is fully paid; WY all razes and assessments levied against said
<br />remises and on [hn M
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<br />ortgage
<br />and the Bond secured thereby, before delinquency; Furnstrappratzd insurance aeon the buddings ttterean rn Attu sum of S 37 , 000.00 payable
<br />to said ASSOCIATION; repay :o said ASSOCIATION upon devarnd all: money by it
<br />paid .far: sticir
<br />taxes
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<br />tcx .with interest at
<br />the maxrmum legal tarn. tlv:rzun fxom;lste of payment aq of which Mortgagor txreby agrees:tnpay: permitno wasteon said preotises;
<br />keep and com
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<br />wiW afl the agieemcnts and a,n.lttians of the Bond for S 37 ~ 000.00 this day. gluts by thesard Mortgagor W saidASSOCIATION, and. comply
<br />with aif the requirements aJ chc ('unMitation and By-Laws of seed ASSOCIATION; them these presents shallbecoate null and void
<br />; otherwisethe
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<br />shall remain iv i all fore.: and may be farecioscd ai the option of the said ASSOCIATION after failure for three. rsionths to make any of.satd
<br />payments or be three rmr
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<br />rking said monthly payments, or is keep and oamply with the,agreemenis'and conditions of said Bond;
<br />and Mortgagee agree; w have a esxtver appoinaed foRhwrth in: such. fareclosureprogeed'ulgs:
<br />I i r;terc is any ctraoge m ownership of the rpt estate mortgaged herein, by sale.. or otherwise, xhen the entire ttiaalning indebtedness hereby
<br />soured s1uD, at the optrcm of The E.quitabk Building and L.oar. Assoaiatjoo of Grand Island, Nebiaska
<br />bearme immediatel
<br />due and
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<br />with
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<br />further notice, and toe. amannt retrarming. dtre varier said' bond, and: any attrer bord for anyadditkonal advances made thereunder; shall,.from. the
<br />da tc of exercise of said option, bcu ivte[esr at the maximum legal rate, acid this mortgage may. then be foreclosed to satisfy the amount due on
<br />id
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<br />bond and airy other bondfor additiomt advances; together with all sunispaid by..said The Equitabk Budding scut Loan Asmcratianbf Graad
<br />island
<br />Net
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<br />nsurance, taxes and askamtenxs, and abstracting extensiao charges, with .interest thereon, :from daft o£ payment at the: iriaximum
<br />legal rate.
<br />A.; pronded in the bond secured heceby, while ihumartgage tentains in.. effect the amrtgagee tnay: hereafteradrurcc additional sumstothe
<br />makers of std &~nd
<br />thi-ir assrgrs or %uece
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<br />erest
<br />ich sums shall be within the security of thin mortgage the same as the fvndsocigiaatiy
<br />seaneil thereby, the total autt+urr ol'prvtC%pa] debt no[ to exceed ai arry'xinu theorigrnalaniount of this raoMgage.:
<br />Datzd this 2011: da ~ of
<br />July, A. D., f9 $2
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<br />ir: ~ Stttlq
<br />~ ,' JarL~ce IC. Sittler
<br />STITL OIt NFiBRASKA,~
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<br />ss.
<br />On #hix 20th day of Jllly., 1y~2 ,betorerne,.
<br />COi ~'tY f~f ifALL
<br />the uttrlersigrse~ll, a Notary publietn and for. said C:ountY. pzrxroally cattx
<br />F13win C. Sitkltar an;~ J~nxce K. Sittler, caohin hisand her. awn right aradas spouse of
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<br />°dCh Ott
<br />lPI', wtfa 15 persana[iy known to
<br />ncr tr _s .ilc~ -ai f,ru r wlxr>L name S aTF=':. rfixei! wthe ahcvc::astr aroetix ~as or. S amt t'l:E;°,s severally
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<br />acknuwLuK.u aM, s:,:d iastr nrr..x , St their svlurii-~~X act and dcesi_ l ~--~
<br />1~~3 Z~.~i1_1ti 1 f;;i ~::l :; 1 i~+tar:alS Ylli~_,fa:~ ..s,ci. P
<br />433 Cram . , „._.__
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