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<br />78--~ ~1+~~!!`~3 <br />MORTGAGE _ <br />MORTGAGE LOAN NO. L 23,318 _ <br />xNOwALLMENBVTHESEPRrsENTS:That Wayne A. Weiss and Rosales J, Weiss, each in his <br />an~1 her gwn ri slit and aS spgl~se 4i' each Other <br />•~ ----Mortgagor whether arse yr mvre. ir: considceatian vt'the sum of <br />Forty Three Thousand Nine Hundred and Noj100--- --------------- DotLARs <br />!Darted to said n2arigagor by The Equitable $uilding and Loan Association of Grand Island, Nebraska, Mortgagee, upon 439 shares of stock of <br />said ASSOCIATION, Certificate Na. L 23,318 , do hereby grant, eanvxy and marTg:gx untc thx said ASSOCIATION iht foltcw•sng <br />destxiped real estate, situated in hall County, Nebraska: <br />LOT THIRTY-EIGHT (38), CAPITAL HEIGHTS <br />SEVENTH SU60IUISION, IN HALL COUNTY, <br />~4EBRASKA. <br />together with all the tenements, hereditaments and appurtenances thereunto beiorging, ireciudiag attached floor coverings, afl window screens, <br />windavt° shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipmenk and accessories thereto, pumps, naves, <br />refeigeratars, and other fixtures and equipment now or hereafter attached to or eased in connection with said real estate. <br />And whereas the said mortgagor has agrees and does hereby agree that the mortgagor shall and will pay af3 taxes and asses9[[enis ittRd or <br />as~ssed upon said premier.<_ and upon this mortgage and the band secured thereby before the same sha0 became delinquent; to furnish approved <br />insurance open the buildings ore said premises situated in the sum of S Q3 ,4flQ- (}~ payablx to said ASS(K']ATION and to dxtisrcr sn slid <br />ASSOCIATION the policies for said 4nsurance; sad not-to rn=nrrsit or pxrsrWt any waste on yr about said preta~=sts; <br />In :are of default in the performance of any of the terms and consiiTions of this mortgage or the bond secured hereby, ilia mortgagee aha8, <br />on demand, he rntitltd to immediate possession of the .:,artgantd premises and the mortgagvr hereby assigns, transfers and set; over to iht <br />mortgagee ail the reris, revenues and income to bt derived from the mortgaged premises during such time as the mortgage indebtedness sha8 tentain <br />unpaid;.and the mvrigagee shall have the power to appoint any agent or agents it may desire far the purpose of repairing said premises and mating <br />the same and mlleaing the rents, revenues and inwme, and iz may pay out of said ircvmt all expenses of repairing said premises and necessary <br />evmrrassions and exgxnses incurred in rentutg and managing the same and of coltxcting rentals therefrom; ilia balance remaining, if any, to be <br />agplied towazd the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised aT any time during the existence of such <br />default,-irre>~pective of any temporary waiver of the ssme. <br />These Presents, howe1•er, are upon the Condition, That if the said Mortgagor shall repay said Ioan on ar before ilia maturity of said shorts by <br />payment; pay monthly to said ASSOCIATION of the stem specified in the Bond secured hereby as interest and grincipai on said loan, on or before <br />the Twenzie*_hday of each and every monih.untit said loan is fuLy paid; pay all taxes and assessmxnis levied against said pumices and on this Mortgage <br />and the $ond secured thereby, before delinquency; fi:mis_h approved insurance upon thebuildi=tgs [hereon ist *Jte stem of 3 43 , gQQ, 00 payable <br />to said ASSOCIATION; repay [o said ASSOCIATION upon demand all money by it paid far such taxes, assessments and instuance wsth inieteri at <br />the maximum Itgai rata thereon frotn dale of gaymeni all of which Mortgagor Itrreby 2grees fo pay;permit na waste on said prxmiser, keep and cor-nplY <br />with alt 8ht agreements and conditions of [he Band far S 43 , J00. ~0 this day given fiy the said Mortgagor to said ASSOCIATION, and. comply <br />with all the requirements of the Cortsti[ution and By-Laws of said ASSOCIATION; then these presents shall becromt nail and void, otherwise they <br />shall remain in fu8 force and may be fareciased at Lhe option of the said ASSOCIATION afar failure for ihret months to make any of said <br />payments or be three months in arrears in making said monthly payments, nr to keep and comply with the agreements and wnditions of said Bond; <br />and Mortgagor agues to have a receiver appointed forthwith in such foreclosure proceedings. <br />ff there is nay change in ownership of the real estate mortgaged herein, by sale ar otherwise, then the entire remaining indebTetL-ztss hereby <br />secured shall, at the option of The Equitable $uiidirtg and Lawn Assaeia[ion of Grand !stand, Nebraska,become immediately dtre and payab~ without <br />further notice, and the amount remaining dtte under said band, and any other bond for any additional advances made thtuundtr, shall, from The <br />dais aI' xxtreise of said option; bear inte[esi at the maximum legal rata, and this ntartgage map Then be foreclosed is satisfy the amount due on said <br />band,and ary other band fox additions} advances, iogtiher with a1i sums paid by said Tht Equitable Building and Loan Association of Grand Iataad, <br />Nebraska for insurance, taxes-and assessments, and xbstractingextersion charges, with interest thereon. from date of payment at the maximum <br />legal rate. <br />As provided in the Bond sacuted hereby, while this mortgage remains in effect the mortgagee may heuafier advance addiiior[ai sums to the <br />- ~ -makers of said Bond, their assigns ar successors in interest, which sum's shall be within the secuxi2y of ibis mortgage the same as the funds origirmliy <br />secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage. <br />Daied tF~ ~ 21st day ae Oecee~lber A. D., is 78 <br />~y e~ s <br />°Rosaee J. Chess <br />STA'L'E €)F NEBRAS {A, ~ $, On this 21St day of Ileceln6er I9 ~8 , before ate, <br />COI3NTY OR EIAL.L <br />t'te ustdtrsignxd, a Notary Fubftc in and far ssid County, personaly ¢a.~ <br />Way~te A. Weiss- and Rtisalee J. Weiss, each in has -and her own rightw~t4d as spous~e~Y eachQ <br />other- are l~ <br />me tape the identdcai ger~n5 whose nsrneg are- affixed ici the about inst. ntment as mtirtgagorS and they severally <br />adtnawieaged-The said insirument to bt their voiuniary act and deed. f r ~ <br />l~` ~~, <br />w{TNESS my hand anti Notarial Staff the date aforesaid. ! ~~ ~ <br />. expires ,~~ ~ / <br />GEP3EAfkt NQTARC -State Ai itaM. ~~~_ '2""~_°"~,_~~,___~_~"^~."~rr-e.-A <br />-" ' !Nola Fubh <br />- ItiJAMES Vii. OLSON c~' ~'z'r"'~', i'Zs, J" ~j 7`~ ., ry <br />hey Crsmtn. Esp. Ys1. L2, 4939 <br />