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<br />MORTGAGE
<br />-- nioRTCACE LaAN Na. _ L 23 , 317
<br />IQ'~04i' ALL hiEN B]' THESE PRESF,NTS: That Kenneth W. Fuss and Luci 7l e M, FUSS , each i n his and
<br />tteY' cr~tn 1"'I~ttt and dS SiJOtlSt? 0~ eaCtl Qtt!eY' hlartg2gvr,wheth~raaeotsnore,inconsiderationo£?~ssustiof
<br />Twenty F~tve ThQUSand and No/iOO____________________________________________________DOLLARS
<br />loaned to said marigagar by Thz Equitable Building and L.aart Ass;oeeiatlon of Grand Island, Nebraska, Mortgages, upon 25D shares of stoc>£ of
<br />said ASSOCIATION, Certifi:zte Nv. L 23,317 , do hereby gram, convey and mortgage unto the said ASSOCIATION the fatlowittg
<br />deserbed real estate, situated in Hai] County, Nebraska:
<br />LOT NINE {9} IN BISHOP HEIGHTS SUBDIVISION, BEING PART OF THE
<br />SOUTHWEST QUARTER OF THE NORTHWEST QUARTER {SW4Nt~) OF SECTION
<br />ELEVEN (II), TOWNSHIP ELEVEN (I1) NORTH, RANGE TEN (10) WEST
<br />OF THE fiTH P.M., IN BALL COUNTY, NEBRASKA.
<br />together with all the tenements, hereditamznts and apgartenances thereunto belonging, including attathzd floor cavsrings, all window screens,
<br />window shades, blinds, s[arm windows, awnings, heating, air conditioning,and g(umbing and watsrequigmzni and ati;sssor~s thereto, pumps,siovas,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in conne_tion with said real estate. - - -
<br />And whereas tltz said mortgagor has agreed and does hereby agree that thz mortgagor =hall and will pay all taxes and ass:sstrtents levied of
<br />asvward upon said premises and upan this mortgage and the bond secured thereby beforz the same strait become delinquem; to furnish-approved
<br />insttrante u¢on the buildings on said premises sizuated in the sum of $ 2 rJ ,ODD. DO payable to said ASSOClAT10N and io deliver [o said
<br />ASSOCIATION the policies foe said insurance; and nr5i to commit or permit any waste an or about said premises;
<br />in case of default in the pe~'armancz of any of the terms and conditions of this mortgage or the bond cured hereby, the mortgagee shall,
<br />on dztnand, be entitled to immediate possession of the mortgaged gremiscs and the mortgagor L•zrzby assigns, transfers and sets over to the
<br />nmrig2gzs ail the rents. revenues and tncome io be derived tram the mortgaged premises durinL such time as the mortgage indebtedness shall rernaitt
<br />unpaid; and tltz mortgages shall have the power to appoint any agent yr agznts ii may desire fvi fhs gttrpose of rspairirig sand prenttises and renting
<br />the same 2nd collecting the rents, revenues and income, and it may pav out of said income all expenses of repairing said prem!ses and netxttary -
<br />cartmissions and exgznses incurred in renting and managing the same and cf milzcting rentals therefrom; the balanve remaining, if any, to be -
<br />apgiied toward the discharge of said mongage indebtedness; these rights o` the mortgagee may be zxerc;sed at any time during the existanes of
<br />default, irrespective of any temparary waiver of the same.
<br />These Presents, howzvet, ere upon the Condition, That if the :aid Mortgagor shall repay 'said lean an ar before the maturity of saidshares by --
<br />gaytnent: pay manthly io said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal an said loan, an yr before - -
<br />the fi>ven[ieth day of each and every month, unzil said loar, is fully paid; pay all taxes and assessments levied against said pzmises and on L'»s Mortgage -
<br />a.•id the Bond secured thereby, before delinquency; f wnish approved insurance upon the buildings thereon in the sum of g 25 ~Gt^O-. ~- payals#e
<br />to `aid ASSa`1AT10N: repay to said ASSCICSA'IION upon demand all manzy by it paid for such taxes, assessments and insurance with interest at
<br />the maximum legal rite thereon from date of payment all of which biorteagvr herzbv agrees to pay; permit no waste on said premises;keep and taritply-
<br />with all the agreements and conditions of the Bond for S ~ 5 , DDO.OD this dap given by ihz said Mortgagor to said ASSOCIATION, and comply -
<br />with all the rzgssitztnents vi the Canstiiution and $y-Laws of said ASSOCIATION; then these presents shall became mill and void, otherwise they
<br />stall rer°.ain ;;; tuLt fortz 2nn n,~t• be farsc#v~d at the option of the said ASSOCIATION after failure far three months to makt any o£ said
<br />payments ~r lrz three months ir, urzars in making said monthly payments, or to keep and comply with the agreements and conditions.of said Band;
<br />and h#artgagor agrees to have a receive: appointed forthwith in such foreclasiuz proceedings.
<br />If there is any change in awners!•dp of the real estate mortgaged herein, by sate or otherwise, then the entire rtittaining indeb#edaeas hereby
<br />secured shall, at ihz opiian of The Equitablz Bui#ding and Loan Association of Grand lstand,Nebraska, became irtimediatsly due andpayabie without
<br />further ratite, and the amaunt ecmaining due under said bond, and cry ether band for nay additanal adrancss made thereunder, shall, from the
<br />data of exercise of sa<d option. bear interest at the maximur. legal rate, and this mortgage may then bs foreclosed to satisfy the amount-due oti said
<br />L+:nd,aad any ai'rer hand far additional ad an:°.s, iagerltzr wtzh all sums paid try said The Equitable l3urlding and Loan Association of Grand island,
<br />Nebraska for insurant€, taxes and assessme Sts, and abet;attirg extension charges, with interest thereon, from ante of gaytrnttt at ttte maximum
<br />Aga! rate.
<br />- - As provided in the Bond secured hereby, :while this mortgagz remains rn zffeci [he mortgagee may hereafter advance additional sutras to the
<br />makers of said Band; tfteir assigns or suuzssar; in interest, vihich sums shall be within the security of this mortgage the same as the funds originally
<br />secured thet€by, the tntal amaunt v£ principal debt not to excQZ"d at any time thz or"tginal amaum of this mortgage.
<br />Bated the i5tt7 ~ day of DeCelllt3e:^ A. D., I9r'B
<br />~ tl~
<br />~. _ . ~
<br />fLuci7Te t~. Fld$S
<br />at Air. OE NLisicAS-1s, 1 ss. On this 25th day of DeCemfser 19 ~$ ,before ms,
<br />COUNT'f 0E HALL
<br />-the undersigned, a Notary Public"in and for said County, petsatiBlly wmt
<br />K~nn~th W. Fuss and La~ill~ ~i. F - each irl ties and- fier con right and as spouse tif'eai+ti
<br />~~~~~. ~ ~ ~~~ who are personallylcnowrito
<br />m2 to hs the identical persor$ wh g+ ~ ed to rite above instrtirrtedt as mortgagor S and they severally
<br />~,, ,~
<br />acrita+x'.c3~d rite said instrurnent to be £f~~' srol d deed,
<br />NIITNESS my hand .Hai. tier 3f~I~lBYate More ~^1 ~ .~+
<br />My Commission exp .; -?~ ~ ?"t ~,•rF„ F
<br />sJ _ t ~ _
<br />~~.,~•~«~ ts}~ ~ ~ Notary Fublic
<br />5-i.Yb9 Ri ~'~t1f N6~~Y'~~~
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