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<br />MORTGAGE ____ ----
<br />MORTf7AGE LOAN NO. L
<br />KNUWALLMENBYTHESEPRESENTS:That Douglas J. Anstaett and Lucinda A. Anstaett, each in
<br />his and her own right and as spouse of each other
<br />Mortgagor, whether one or more, in consideratior, of the sum of
<br />Thirty Five Thousand Two Hundred and No/100------------------------------------ ~oI,LARs
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand tsland, Nebraska, Mortgagee, upon 352 shares of stock of
<br />said ASSOCIATION, Certificate Nu. L 23s3J7 , do hereby grant, convey and mortgage unto the said ASSOC1AT10N the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT 35, ISLAND ACRES ,#1, HALL COUNTY, PdE6RASKA.
<br />together with all the tenements, ttereditamen[s and appurienanres thereunto belonging, including attached door coverings, all window screens,
<br />window shades. blinds, stern windows, xwnmgs, heating, air conditioning, and plumbing and water equipment and accessories thereto,pumps,stoves,
<br />refngerato;s, and other tixtures and equipment now cr hereafter attached to ar used In connection with said real zstste.
<br />And whereas the said mortgagor has agreed and dues hereby agree that the mart¢•rgar shall and will pay all taxes and assessments levied or
<br />assessed uptm said premixs and upon this mortgage and the bond secured thereby betorz thz same shall become delinquent; to furnish approved
<br />insurance upon [he buildLn¢s on said premises situated in the sum of S 35,2D0. bD payable to said ASSOCIATION and to deliver to said
<br />ASSOCL4TTON the palsries tar said insurance: and not to commit or permit any waste on or about said premises;
<br />in rase of default to the performance of any of the terms and conditions of this mortgage ar the bond secured hereby, the mortgagee shall,
<br />an detnand, ire entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and leis over [u the
<br />mortgagee all the rents, revenues and income to be derived from [he mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpasd: and the ttuxtgagee shall have the power to appoint any agent or agents it may desfre for the purpose of repairing sa[d premises and renting
<br />[he sarrte and ealtecting the rents. revenues and incotne, and it may pay out of said income all expenses of repairing said premises and necessary
<br />wnvnissions and expenses incurred in renting and managing the same and of collecting rentals iheretrom: the balance mmaining, i! aay, to be
<br />applxd toward the dixharge of said mortgage indebtedness; these rights of the mortgagee may be zxzrcis~d at any time during the existence of such
<br />default. irrespectiyx of any temparasy waiver of the same.
<br />These Presents, however, are open the Condition. That if the said Mortgagor shalt repay said lean on or before the maturity of said shares by
<br />payment. pay rtwnthh to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal nn said loan, on or before
<br />the Twentieth day of each u[d ev~er• month, until said leer, is fu)h' paid; pay' ail taxes and assessments levied against said premises and on this Mortgage
<br />sad :1*.e B"ad sect±red thereby, before de4inquzncy: famish approves msuranre upon [he buildings thereon in the sum of S 35 , 2DD. DD payable
<br />to said 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 ali of which Mortgagor hereby agtzzs to pay: permit no waste on said premises; keep and comply
<br />with ail the agreements and conditions of the Bond furs 35 , 2DD. DQhis day given by the said Ltaztgagor to said ASSOCIATION, and comply
<br />wtth ail the requirements of the Constitution and By-Laws of said ASSOCIATION; then these przszn[s shalt become null and void, otherwise they
<br />sha13 terrain in full force and may 6e foreclosed at the option of the said ASSOCLATION a![er failure for three months to make any of said
<br />pays[xt[ts ar be three months in arrears in maki[tg said monthh~ payments, or to keep and ramply with the agreements and conditions of said Bond;
<br />and Mortgagor agrzes to havz a receiver appointed forthwith ir. such tazzclosurz proceedings.
<br />if there is am' change in ownership of the real estate mortgaged herein, by sale or otherwise, then ibe entire remaining indebtedness hereby
<br />sccsred shall, at the option of The Equitable Building and Laan Association of Grand Island,Nebraska,become immediately due and payable without
<br />further noiioe, and the amour[ remaining due under said band- and any other bond for any additional advances made thereunder, shall, from the
<br />date of exnci~ at said option, bear interest at the maximum legal rate, and this mortgage may Cher, he foreclosed to 5=tisfy the amount due on said
<br />band,and any other bond for additional advances, together with aU sums paid b}' said The Equitable Building and Laan Association oY Grand Island,
<br />Nebraska for insurance, taxes and asse~rrxnts, snd abstracting extension ct[arges, wtih inttresi thereon, iron date of payment at the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the nmrtgagee may hereafter advance additional sutras [o the
<br />maker of seal Sand, r~teir assigms or successors in interest, which sums shall be within the security of Lhts mortgage the same as the funds originally
<br />atturad i,`terelsy, the total amount of principal debt not to exceed at any timz the original amount of this mortgage.
<br />bard this 30th, day of March A. n • ls, ig
<br />~u as st tt
<br />Lucinda A. Anstaett
<br />STATE Of NEBRASKA, ~ On thia 30th, day of March 19 79 ,before me,
<br />C#7t7A17Y OF HALL
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Do 7as J. Anstaa~Ct and A. Anstaett, each in his and her w o right and~nal oown o
<br />of -each other eK L. Lh,,;:~' `, - ~ are s#r ~ y~
<br />roe is be tiu identical perx+on S ~~p5., ~''~ @ affixed to the above instrument as mortgagor S and they severally
<br />acknowledged rite said instrtnra ~' cotithei r r .`vo~~y~ry act artd dced.
<br />WITNESS my d itrtd >•1§ltgdll rite dal foresaid.
<br />My Commissi a!>gpi~es f~l.~ g ~ ~ :=.- ~ /1 '/' A ~ ,.~1~1 2~
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<br />'e ,. 1 `/ Notary Public
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