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<br />MOR'TtiAGE _
<br />MORTGAGE LOAN NO. ! _ ~+F__ V
<br />14'~IOWALLM6N8YTHESEPRESI=NTS:That Larry L. Hassler dnd Gwendolyn L. t;assler, each in
<br />his and her own right and as spouse of each other,
<br />Mortgagcr, whether ore nr more, in consideration of the sum of
<br />-DIVE-ITlDutand dn1l NnfTflfl--------------------------------------------------------- DOLLARS
<br />loaned to said mortgagor by The Equitable Bonding and Loan Association of Grand Island, Nebraska, Mortgagee, upon SD shares of stock of
<br />said ASSOCIAATION, Cenificate No. Lz33$6 , do hereby grant, convey and mortgage unto the slid ASSOCIATION the following
<br />described real estate, situa?ed in hall County. Nebraska:
<br />LOT SIX (6) IN BL'JCK THREE (3) IN LE HEIGHTS
<br />SECOND SUBDIVISION, BEING A PART OF THE NORTH-
<br />WEST QUARTER OF THE NORTHWEST QUARTER (NW~,NW;j
<br />OF SECTION ELEVEN {11) TOWNSHIP ELEVEN (11)
<br />NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., IN
<br />HALL COUNTY, i~lEBRASKA.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, an window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and wager equipment snd accessories thereto,ptimps,stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection wish said real estate.
<br />And whereas the said mortgagor has agreed and dots hereby agree that the mortgagor shall and will pay a!! taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on sail premises situated in the sum of 5 5 ~ DOD, OQ payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance: and not to commit or permit any waste on or about said premises;
<br />Fn case of default in the perfartnance of any of the terms and conditions of this mortgage ar the bond secured hereby, the mortgagee shall,
<br />en de.:.and, be entii!ed to immediate ~ssesslo.^, of th^ mortgaged premisR s a the mortgagor hz:zby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and income [o be derived from the mortgaged tpremises during such time as the mortgage indebtedness shall remain
<br />unpaid: and the mortgagee shall have the power to appoint any agent or agents it may desire fur 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 income all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the same and of collecting rentak therefrom; the balance remaining, if any, to be
<br />applied towacd the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time during ttte existence of such
<br />default, irrespcctivz of auy temporary° waiver of the same.
<br />These Presents, however, arc upon the Condition, That if the said Mortgagor shat) repay said loan on or before the maturity of said shares by
<br />payment: pay monthly to said ASSOCIATION of the sum specified in the Bond secured heroby as interest and principal on said loan, on or before
<br />the Twentieth day of each snd evx:ry month, unfit said town is fully paid: pay alt saxes and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon tbe buildings thereon in the sum of 5 5 ~ i~D, DQ Payable
<br />to said ASSOCIATION: repay to said ASSt'.CIATION upon demand a!1 money by it Faid for such taxes, assessments and insurance with interest at
<br />the maximum legs! rate thereon from date of payment all of which Mortgagor hereby agrees to pay ; permit no waste on said premises; keep and wmply
<br />with all the agreements and conditions of the Bond for $5, DDO, DQ this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of [he Constitution and By-Laws of said ASSOCIATION; then these presents shall become null and void, otherwise they
<br />shall remain in fuL force and may be foreclosed at the option of the said ASSOCIATION 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 prtx:eedings.
<br />1C [here is any change in ownership of the real estate mortgaged'nerein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />se:,ured shall, at the option of The Equitable Building and Loan Association of Grand Island, Nebraska, bemme immediately due and payable without
<br />further notice, and the amount remaining due under said bond, and any other bond for any additiona! advances made thereunder, shall, from the
<br />date of exercix of said option, bear interest at the maximum regal rate, and thu mortgage may then be Corecloud to satisfy the amount due on said
<br />bond, and any other bond far additional advances, together wish all sums paid by said The Equitable Banding and Loan Association of Crand Island,
<br />Nebraska foe insuranw, taxes and a~ ssments, and abstracting extznsien c}targes, with interest thereon, from date of paytttent at the tnaxirrtum
<br />legal rate.
<br />As rovided in the Bond secured hereby, while this moRgage remains in effect the mortgagee tray hereafter advance additional sums to the
<br />makers of said Bnnd, their assigns or successors in interest, which sums shat) be within the security of tttis mortgage the same as the funds oxigirtsny
<br />secured (hereby, [hc total amount of principal dzbt nut to exceed at any time the original amount of this mortgage.
<br />( Dated Ibis , 9t ; d/a}y of Apri 1 A. D., Is 79
<br />- - - .K.~-arJ
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<br />.sl$E~=Q 'vtJ
<br />o yn ss er
<br />S'I'ATE OF NEBRASKA, t ss. C1n thin 9th day of Apri i is 19 , txforx mo,
<br />COUNTY OF HALL j{
<br />Larry k. Hassler and Gwendolyn L. Hass ter, the undersigned, a Notary Public in and for said County, personally carne
<br />each in his and her a+ln right and as spouse of each other who are perwnauyknnwntn
<br />rn w 6e the idcnticai permas whoa rtame5 are affixed to the above instrument as mortgagor S and Lhey severalty
<br />arknowkdgad ttu acid litrtrurteent to be th@'j y' voluntary act artd decd.
<br />W~trr~ccc ,..,. n~.t a;,h eteta>i=t S.~t et;o sots aCora~.;a.
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