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<br />MORTGAGE
<br />MORTGAGE LOAN NO. L23362
<br />KNOW ALL MEN BY THESE PRESENTS:. That Douglas_R, Hann and Janet J. Hann, each in his and her
<br />OtNCt rl ght and aS SpOiISe d f edCh Other, Mortgagor, whether one oc more, in consideration of the stun of
<br />rt.,_}„ c... st,..,.~~,,.t ~nrl nnti(t(1___°^------°`--°'------------°-°r----------------°- DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Laan Association of Crand Island, Nebraska, Mortgagee, upon 360 shares of stock of
<br />said ASSCICIAT[ON, Certificate No. L 23362 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County. Nebraska;
<br />THE EASTERLY FORTY-TWO (42) FEET OF LOT TEN (10) AND
<br />THE WESTERLY FORTY-FOUR (44) FEET OF LOT ELEVEN (11),
<br />PLEASANT VIEW FIFTH SUBDIVISION, IN THE CITY OF flRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />together with ail the tenements, hereditaments and appurtenances thereut+.to belonging, including attached fluor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, healing, air conditioning, and plumbing and wale: equipment and accessories thereto, pumps,sioves,
<br />refrigerators, and other fixtures and equipment now ar hereafter attached to or used in connectior. with said rea: estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shalt and will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the :ame shall bt:cone delinquent; to ftur''` 'cproved
<br />insurance upon the buildings ~n said premises situated in the sum of S 36,DDD. DD payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance: and not to commit or permit any waste an yr about said premises;
<br />!n case at` default in the performance of any of the temvs and conditions of this mvngage or the bond secured hereby, the mortgagee shall,
<br />ar. demand, b ntiiled is h-nmediate pass^.ssiv.^. of the mortgaged p _ _ end the mortgagor hereby assigns, transfers and sets ovzf to the
<br />mortgagee all the rents, revenues and income to he derivrd from the mortgaged premises during such time as the mortgage indebtedness shag remain
<br />unpaid; and the mortgagee shag have the power tc appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br />the same and collecting the rents, revenues and income, and it may pay out of said utcome aII expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the saute and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applred toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time dw-ing the existence of such
<br />default. irrespective of any temporary waiver of the same.
<br />These Presents, however, are upon the Condition, That if the said Rlortgago; shall repay said loan on or before the maturity of said shares b}•
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Band secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and evxry month, until said ioar. is fully paid; gay aft taxes and assessments levied against said premises and on this.`-~aRgage
<br />and the Bond secured thereby, bfforz delinquency; furnish approved insurance upon ttte buildings thereon in the sum of 5 36, ODD. DD payable
<br />to mid ASSOCIATION: repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance with interest at
<br />the maximum legal rate thereon from date of payment alt oC which Mortgagor hereby agrees to pay; permit no waste on said premises:keep and comply
<br />with ell the agreements and conditions of the Bond for 5 36,000.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with alt the requirements of the Constitution and Bylaws of said ASSOCIATION: ihtn these presents shall become null and wid, otherwise they
<br />shall remain in full force and may be foreclosed at the option of the said ASSOCIATIONI after failure for three months to make any of said
<br />payments or be three months in arrears in making said monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />[f [hare is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Building and Laan Association of Grand Island, Nebraska, hewme immediately due and payable without
<br />further notice, and the amount remaining due under said bvnd, and any other bond for any additional advances made thereunder, shall, from [he
<br />date of exercise of said option, bear interest ai the maximum legal rate, and ibis mortgage may then be foreclosed to satisfy the amount due on said
<br />bond,and any vther bond for additional advances, together with all sums paid by said The Egtrirable Braiding and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of paymene at the maximum
<br />legal rate.
<br />As provided in the Bond secured hueby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums [o the
<br />makers oC said Band, their assigns or successors in interest, whir',-, sums shall be within Ehe secur=.ty of tR.is mortgage the same as the funds originally
<br />secured Charehy, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />Dated this 14th -~+, day toI March A. D..1979
<br />Cttru li}s R. Hdnn
<br />re
<br />'~a~. Y-f-ann r7~ ~~~ - ~ v
<br />-STATE OF NEBRASKA, ~ Orr this 14th day of March 19 ]Q ,before me,
<br />COUNTY OP HALL
<br />Douglas R. Hann and Janet J . Hann, the undersigned, a Notary Public in and for said County, personally carne
<br />each in his and her cY~n right and as spouse of each other, who are persenaByknownto
<br />etc io be the-idtntic~l person $ whose name S dre affixed to the above instrument ss mort~gor 5 and they severally
<br />acknowledged the said instrtment to be their voluntary act and deed. -'?
<br />WITNESS my hand and Notarial Seat the date aforesaid. ;'' _.
<br />My Commission ex ices ~ ~ ~ ~ ~- '~ ~
<br />_ - FESiEAAI:titiB~Y-S*staetga'm~.'•ska: '---_~.,.:- 4 _ ~`
<br />=s 7O°' h9. 8G•"+?-LAY ~.--''' °~ N ~Pub~iv~
<br />b.t-ass xr
<br />Itiy C.om ~. I:xP. Sep+_1,1981
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