|
79-s~1"s~$!~
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L23, 379
<br />KNOW ALL MEN BY THESE PRESENTS: That James A. Schultz and Mary A. Schultz, each in his
<br />and her own right and as spouse of each other
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Forty Thousa»d and No/100----°-------------------------------------------------°-- ooLLARs
<br />Tootled to said t:torigagor by The Equitable Building and Lasn Association of Grand Island, Nebraska, Mortgagee, upon 4D0 shares of stock of
<br />said ASSOCIATION, Certitipte No. L23a379 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />descnbtri real estate, situated in Hall County, Nebraska:
<br />LOT NINETEEN (29) IN LE HEIGHTS FOURTH SUBDIVISION,
<br />HALL COUNTY, NEBRASKA.
<br />together with alt the tenements, herediiaatenit and appurtenances thereunto belonging, inciudtng attached floor coverings, a6 window screens,
<br />-aiadow shades, blinds, storm windows, awnings, hearing, air tbttdition•;ng,and piumbirtg sail water equipment and actxssories r}xre[o, ptttnps, stores,
<br />refrigerators, and other futures and equipment stow or heteaizer attached to or used in connection with said real estate.
<br />Amt vrherus the said tnongagor hts agreed and does htteby agree that the mortgagor shah and will pay aQ taxes and assessments kvttd or
<br />assesst~ upon slid premises and upon this mortgage arnl the bond setarred thereby before the same shall become delinquent; to furnish approved
<br />itmrruia twat the bttiklings on said premises situated in the sum of S 4D, OOD • 00 payable to said ASSOCIATION and io deliver to aid
<br />ikSSOC1ATION the pofries far sad iastuarttt; and not to commit ar permit any waste on or about said premises;
<br />la case of defsuh in the perfornsstxe of soy of the terms and twnditions of this mortgage ar the bond secured hereby, tht mortgages shah,
<br />rtes demand: be entitled to immediate possession of the mortgaged premises artd the mortgagor hereby assegtu, transfers and sets over to the
<br />rsoatgsgae a8 the rrnts, rcvmttes aAd iraame io be derived from the tmrrgttged premises during such time as the mortgage indebiednas sia6 remain
<br />mpaid; tmd the aicatgagee shall have the power to appoint any agent or agents it may desire for thr purpose of repairing said ptemees and mating
<br />tie sane sad iaE [ht rears, reveanes and income, mM it tray pay out of said encome a6 expenses of repotting said premises ate necesary
<br />a and exptaaes mcrurcd m reatatg and s the same and of txtlkcttog rcntak therefrom; the hasnce remainvtg, ff any, to be
<br />apptiee tasratd the disdsaret of said rtwatgsge iadebrsdness; These rights of ttie mortga~-~ tAay be ncer~ed at say times Suring the existwza of such
<br />defies, ia:espeetirr of say teatlwrary waiset of the setae.
<br />These tstaenis, Itoweier, are upon she Candition, T1tat if the said Mortgagor shall repay said ktaa on or before the maturity of said shares by
<br />pa>vmmr; pay ntceitidy w stt~ ASSOCIATION of the run speafted is the Bond scored hereby as interest arid principal on said Lama, oa or beiate
<br />the Twentieth day of ezdt tail every month. until said ktan a fu6y paid; pay all taxes artd asaesmants levied againA sad premises and on this Siongtge
<br />a++d tltt 8oed secured 3meby, before ~ : ftrrntsh approved „n„~,,,.. upoA the btti3ttitrgs thereon m the sum of S 4D a~fl, Qfl payable
<br />str sad A3StIC1ATlON; :spay ra said ASSLK7AT1t)ta tgxta tlratnad aB ttrwtey by it paid for atilt rases, assessmeau »ml insittance with interart at
<br />!ie tsi kgai rate rltemoA from dare of p»•atrai a6 of ahiclt Mortgagor hereby agrees ip p:y: pera»t na waste on said premixs;keep sad mmFIY
<br />tam aB tie agseemeats and ~ of the Band for S ~ sODO.00 this day gi+ra tsy the mid Mortgagor to mid ASSOCtA710N, a~ mmply
<br />stilt aB tit taeats of the Coattaittstiat sstd Hy~+s of said ASSOClA3itT.N; then these pteseats shall 6tmme nub oral void, ntEmsvist they
<br />ttia8 t~ in fah foyer and tmy be foreclosed ss thr optran of the slid ASSOClATtQN after failtue for than months to mate say of said
<br />paytaeats is Ix tlitet tnoaths is arrears vt making aid monthly paymeatu, oa to keep sad comply malt the sgreemcnts grid ooadittoas ~ aid Bond;
<br />sad leartytlga sees ro stave a reoeivrs appo~ied farthstith is such fwrclosurr proaediagt.
<br />!! tint is say ~ is o~•aership of tie m1 estat+e martgyed hesetn, bl' ale or othervdte, shm the eatiee tettsainietg iadtbtadnea hereby
<br />uyae std, 8 for optitta of 7be Etpaitable B+ atsd Lams Asaadittim of Grand lslmtd, Nebrsska, becoate iamtediately dice and paytdtie without
<br />ftardrrs taotior. atsd the t due imdea said hood, mtd say other bo»d for say adeititranl ottvsncts mad[ thereunder, shag. from the
<br />dale of aaeatiae at still aptiaa, bran itisearn at the tmzamtm 3ega1 tare, ~ this mortgage ttmY zdea be foeedoaod w atisfy tie rmotrat due oa said
<br />baa3,aae ~ suers blase i~r a aesaaxs, tagetisz<r rv;~ a#t ~ glad bi' agi ihr $t:adiag a~ Lasn Attsoaatiwi of Gtaad lolaae,
<br />Itieitaka &tr ia~a, taws sad ata~ears. araf errsetssknt dtsrEes, with interest thereon, from date of payment ss tht raaxioitaa
<br />~ au.
<br />Aa mm she 8eae trcurrd btaeby, st~ulr this tstarsgage [remains to tifett the mortgagee may hereafter advoace additional aunts to tie
<br />aasimas of ~d Eatsd, [lath aa~gts ..r stat~msoss in iattrea, wdticb mms sia6 be vitttia the meririty ~ t3ti: tnws~tg the tmoe ss the funds oai~ttily
<br />aelatoae tdinei92, ~ ratatmi ~ pria~tal asn to rttctrd at say time r~ atigaal amount of this .
<br />.tibia ~!~ day a[ ~ t'C}1 A. D., 19 79
<br />. ~ t2
<br />~~ ~~ ~ : e)a dtK 30th , dap of March 19 79 , before me,
<br />lie a 4nbtic ilsi :ad &u aial Cotmty, porsomtly ante
<br />A. ~itx ~ #~ A~Schl~ltx, eat:h in his a her a~nl right and as spouse of
<br />l at~^ ~ waao are t kaosrtt xo
<br />aaa as De t1e iasNiodpmata5 (~ sfCccad to tie aiw~c iautrameat ss mortpgor 5 and they aevaraBy
<br />sdatoabt~eetiitesties" ?" t{s"';' ttaaaddace.
<br />~,
<br />afaaaarid- -- y
<br />ar.~ ~.
<br />,ia.~t~ ~3~ ~2, alt NoWryPult&c
<br />a~ ~~~~
<br />
|