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<br />MORTGAGE _ _ __
<br />MORTGAGE LOAN NO. L 23~ 319
<br />tYS;OVJALLMENBYTIIESEPRESENTS:Tnat i7elbert Tl, Theasmeyer and Lois A. Theastneyer, his vlife
<br />ANi3 Jat~?es E. Ross and Janet M. Ross, his wife
<br />Mortgagor, whether one or more, in wnsidtraYsan of the sum of
<br />Fifty Five Thousand Six Hundred and NoJ1Q0------------------°--------°-------°-- txILLARs
<br />toantd to said mortgagor 6y The Equitable Building and Laan Association of C,rnd IsIaad, Nebraska, Martgaget, upon 55( sharta of stock of
<br />said ASSOCIATION, Cert~ca#e No. L 23,319 , do hereby grant, convey and mortgage unto tht said ASSOCIATION rite following
<br />described rtal estate, situated in Ilan County, Nebraska:
<br />LOT FORTY-THREE, ~lESTERN HEIGHTS THTRO
<br />St78DTVTSTON, HALL COUNTY, NEBRASKA
<br />taaether with all the tenements, hereditaments and appurtenances Yhereunto belonging, including attached floor coverings, aIl wvtdow screens,
<br />window shades, blinds, storm windows, awnings, heating, air condinonina, and p!t:mb~=g ant water cgvipment and accessorits thereto, pumps, staves,
<br />refrigerators, and ocher fixtures and equipment now or hereafter atiacited to or t~`ed in connection. with said real estate.
<br />And whereas [he said mortgagor has agreed and does hereby agree that the mortgagor :hall and will pay alt taxis and. assesstntnts kw'std rff
<br />assessed upon said premises and upon this mortgage and the band secured thereby before [l!t semi shall btcvms deiinquert; to furnish °~M•vtd
<br />insurance upon the buildings on said premises situated in the sum of S3~ ~ 6aQ . T)Q payable to said ASSCrtriATiON and to deliver to said
<br />ASSOCtA?70N the policies for sail v urance;and not to commit or permit any waszt on ar about said pttmists;
<br />In catse of defauiz in the performance of any of the terms and conditions of this mortgage or the band secured htreby, the mvrtgagte shall,
<br />vn dcrnand, bt emitted Fo immediate possession of the mortgaged premises and the mostgagor htreby assigns, transfer= and Bats over to tht
<br />- ~_,• _., : _ ... ;,rigag. pre•°,:s..~ ,.rs:,g st, -: ,, .,:;gab.... _.. e:..
<br />- :g",.g-~t ati her -t:.zrues a -K,me to be de °d f-- .. ,;;e :r °d ,. ^° d° .:.i: iL R as .'tt ..~ , ..td~bt.-~'.,.~ .;.t-.a." ry
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpast of repairing said prtmists and renting
<br />*.he semi and cttilectirzg the rents, revenues and income, and ii may pay out of said income all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and rnanagittg the semi and of coIleMing rentals the[efsom; the balance remaining, rf any, to be
<br />app{wd toward the discharge of said mortgage indeb[tdness; these rights at the mortgagee may be exercised a# any time during the existentt of such
<br />default, irrtsgestive of any temporary waiver of the Barrie.
<br />These Presents, however, aze upon the Condition, Tha[ if the said Mar[gagor shad eepay said loan oa or before the rnatttriiy of said chases by
<br />payment; gay man#hiy tv said ASSt'CiATiON of the sum specified in the Bond set:ured hereby as intzrs~-t and prinipel on sriid loan, vn ar btfare
<br />the Twentieth day of each and every month, tmtii said loan is fully paid; pay all taxes and assessments levied 2gairst said premiss and on tilts Mortgage -
<br />and the Bond secured thereby, before dehnqueney; fttrrdsh approved insurance upon the btsiidings thereon in the sum of 555 , 6QQ. QQ payable
<br />to said ASSOCIAT[ON: repay to said ASSOCIATION open demand all money by it paid for such texts, assessments and insurance with #uterest ai
<br />the maximum Itga1 rate thereon from dart of oayment ail of which Martgaeor htreby agrees to pay; permit na wash an said premises;kttp and rumgh
<br />with all the agreements and conditions of the Bond tors 55 $QQ , QQ tF.is day given by the said Mar[gago[ to Sa6d ASSOCIATION, and comply
<br />with ail the •equirements of the Constitution and By-laws o~said A.CSCtC1ATtON; thin these presents shall become nail and void, otherwise they
<br />dtali remainnn foil force and may be farecIosed at rite vp[ion of the said Aa50CiATiON afar failuxt cos [hrte moatiu to make any of said
<br />payments or be three months in arrears in mskir;g said monthly payrro:nts, or tv keep and comply with the agrcements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver agyamt~:t forthwith in such fnreclvsure proceedings.
<br />if thine is any change in ownership of the rerl tsta:c mortgaged herein, by sale or otherwise, thin the entire rttnaining indebtedness hereby
<br />secured shall, at the option of Tht Ertuitablc Buildi,:L and Lvan Association of Grand Island, Nehraska,bernme immediateEy duo and payable without
<br />further notice, and the atnaunt retraining due under slid bond, and any other bond for any additional advances made thercundtr, shall, from the
<br />dace of exercise of mid option, bier intents: at the n~.aximum ltga{ rate, and this mortgage trey then be foretiostd to satisfy itre zttrouat dot an said
<br />bond, and any other bond for additional advances, to,ether with all Burns paid by said The Equitable Building and Loan Association of Grand Ia}and,
<br />Ntbrasks for insurance, taxes and assessments, snd absiraeting extension charges, with interest thereon, from date of payment at the inaxitnum
<br />]ego! rate.
<br />As provided in the Bond secured hereby, wine this moRgage remains in effect the mortgagee may hereafter advance additions[ sums to rite
<br />makers of said Bvnd, t;.esr assigns yr successors in interest, which sums st;ali be within the security of this mortgage the same as Lhe ftmds originafiy
<br />secured thereby, the total attraunt of principal debt not to ex[xtd at any time the original amount of this mortgage.
<br />RTzted rh3s ~ day of QeG~{{~Er ~ 14~$
<br />eri: Tl~easineyer '~ .. R s ~ j
<br />• - t29ter< ~~~~ [ _ 1. /
<br />-{. 6s. A, Theasli!eyer ~ J .Ross
<br />STATIE QF NEBRASKA, d ~. On this 21st day of December 19 7$ ,before tm,
<br />CQtR~~I'1' OFI•IALL ~-
<br />,T~ ; v~rt Q. T:i@BSII~;~~r $t!~ ~O ~ 5 A. The aS:`°ie}er: the uudsrsigtatd, a Notary Public in and for said County, personallycarne
<br />his t~iire an~;lt~ie5-_~:, Ross and [lane[ f4. Ross, his wii°e, -~, who are personallyknawnto
<br />A
<br />the to lit the idttttical person- s whoa name 5 are affixtd to the above instrunxnt as mostgagor s and they severally
<br />acknowledged cite Bald histrttmcitt to be their voluntary act and deed, ~
<br />lViTAlESS rtrf hand and Noissia! Seal the data aforesaid. i ,
<br />~ ~ .. = ~ ~~
<br />My Cornmisssan expires f
<br />g#iiFItAAL t~i'RRY • Sist~s nt Rebtas4a ~ u~Noty~t + ub~
<br />s-r-am xt '~ J©`f Ri. BEAZLE'Y
<br />Aiy Carnet. Ezp. Se>:t. 1, i~31
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