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79-~ t# ~. ~ 4B
<br />MORTGAGE
<br />MORTGAGE LOAN NO. ~ 233]1
<br />KNOW ALL MEid BY THESE PRESENTS: That Andrew G. Puente and Nancy L. Puente ,each i n hi s
<br />and her own right and as spouse of each ether
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Twenty Eight Thousand and No/100-------------------------------------------------- DOLLARs
<br />loaned to said mor*.gagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 2BD shares of stock of
<br />said ASSOCIATION, Certificate No. L23371 , do hereby grant, convey and mortgage unto the said ASSQCIATION the following
<br />descrttred real estate, situated in Halt Counh, Nebraska:
<br />LOT SIX (E) IN BLOCK ONE (1j IN WIEBE'S ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />togethtr with all the tenements, hetediiartrents anC appurtenances thereunto belonging, including attached floor coverings, all window scraps,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />rtftigerators, and other natures and equipment now or hereafter attached to or used in cornectivr, with said real estate.
<br />And whereas the said rttortg~gor has agreed and does hereby egret that the rtrangagar shag and will pay aIl taxes and assessments levied or
<br />assessed upon >aid premises and upon this mortgage and the boaC xrured thereby before the same shall become delinquent; fo ftrrnish approved
<br />insurance upon the buildirgs vn said premises situated in the sum of 5 2$ ~D{}D, DU payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to oomnrit or permit any waste on w about said premises;
<br />In lass of default in the prrfarmance of any of [he terms and conditiops of this martgagt or the bond xcttred hereby, the mortgage shag,
<br />op dtmarttL :x entitled to immediate possessron of the mortgaged premises and the mortgagor hereby assigns, transfers and xts over to the
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged pttm~ses during such time as the mortgage indebtedness shall rtmaitt
<br />tmpsid; srai iht mortgagee shall have the pewee to appoint any agent or agents it may desire for the purpose of repairing said premixs and renting
<br />the same and collecting the repo, rrvearrts and income, amt it pray pay out of said incorrn ail expenses of repairipg said premises apd necessary
<br />cummissiaas and expspses uuurred in renting and rttanagvrg the lama and of collecting rentals therefrom; the balance rentairrirtg, if any, to be
<br />apgiizd toward the discharge of said monmge indebtedness; thex rights of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespective of any temporary waiver of the sarzx.
<br />These Presents, however, ur upon tht Condition. That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />psyrent; pa} monthly to said ASSOCIATION of the sum specified in the Bond secured ixreby as interest and principal on said loan, on or bsfare
<br />the Twentieth day of each and even maath, until said loan is fully paid; pay all texts and assessments levied against said premises and on this Mortgage
<br />and the Band segued thsreby, before delinquent}'; f urnish approved insurance upon the buildings thereon in the sum of S 28, DDO.OD payable
<br />to said ASSOCIATION; repay t. said ASSOCI A71fl?~ upem dtnrand all rtmnev by It paid far such t°atts, assessments and instuance with interest at
<br />fhe psaairpsim It~l :alt iheeer.n frvs, irate of payr.~nt all of wroth Mortgagor ~,ertby agzrs to gay; permit no waste as said prssists; keep a.°.d comp,'y
<br />with ail the agmments and conditions of the Bored for c 2$,ODD. DO this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with aII the requirements of the Constitution and By-taws of said ASSOCIATION; then thex pttxnts shall betrome null and void, atherwix they
<br />slttaB remain is fuB farce seed may be foreclosed at the option of the said ASSOCIATlOti after failure for three months to make any of said
<br />pnymrnts or ire thra irranths is arrears in ttrakitrg said monthl} payments, at to keep and comply with the agreements and conditions of said Bond;
<br />apd 4itxags~gor epees za have a recrisrr appointed forthwith in such foreclosure pro..etdings.
<br />If [hers is any .itarfge ut owpership of the real tatau partgsged herein, by sale or othtrwix, then the entire remaining indebtedness hereby
<br />secured SitaD, at the option of The Equitable Building artd Loart Assa:iation of Grand tr,7and.Nebra~ta,becorrrc irrvrrediauty dirt apd payable without
<br />further petite, a~ the arauunt remaining dirt :rssdsr said bond, and any other band foe apy additional adsanexs nude thereupdsr, shag. from the
<br />date of txtrax of said apuan, beat inures at the maximum ~ rate, and Ng mortgage may then be iortdoxd to satisfy the amour[ dirt on said
<br />ha~3,ar~t any ~'~ ba:x f~ addit~nal sdra."~s, togetlrr wi.h aB sties ~ by said Tlx Eq~tablt Buddipg and L~tatt Associatiert of Grand Island.
<br />13e3xas~a for iztsmaacx, taxes arul :asesnne:tts, asd abstracting eatepsion charges. with interest thereon, from dau of payment at the maximum
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<br />As provided m else Hoed stcu~td hereby. wink ibis mangsge remaips in affair the mortgagee may hereafter advance addi[ianal supu to rite
<br />msd<ers of said Basil, ttux assigns yr successors in inures, which stints shall be within tfx sssurity of this mortgage the setae as the funds origipatty
<br />a , t~ ~ amw=n=. of nrxrr~ t r~ to sarxd at any tines the o.~g~ a_*rto~mt of this naartgags-
<br />th '~' of rch A. p.. 19 75
<br />iron ,
<br />.F
<br />STA2'E ~ ~~, } sa. Op this 26tH day of March 74 ]9 ,before tee,
<br />fYilr'NS'Y CtE ifAld.. }
<br />ttte tutdettigned, a Notary Public in and for said County, personalty came
<br />At~dr~ 6. Fuente and Nancy L. ,each in his and her own righ~~nda~e sp~iYp~b
<br />sae to be ~e ides peaaat S ~' *r• ~,~id-er f to ttte abcm ipatrument as mortgagors and they xverouY
<br />the said ir[~stmrent to ~ ,E'~~t' aced deed.
<br />~s Bey .
<br />a•t.~s n
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