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<br />iMORTt•AGE __ ___ _
<br />~~ ~:_~~~~-- - -_=-----__ M RTGAf LOANNO._LZ33 D ~~"_~
<br />Essink Brothers Construc~~on t~txr~any, rn~-~~ztige~r~-Essink,
<br />I¢~owALLMeNB~~TxssEexESE~vTS:That President; Roger J. Essink and Nancy L. Essink, his wife;
<br />Kenneth G. Essink and Marjorie L. Essink, his wife; Eugene M. Essink and Sharon K. Essink, his
<br />wife
<br />Mortgagor, w .ether one or more, in wnaideration of the sum of
<br />Forty Thousand fight Hundred and No/100------------------------------------------DQLI.ARS
<br />loaned to said mortgagee by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon t~D$ shares of stork of
<br />said ASSOCIATION, Certificate No. L 2339D , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />d°°;; bcd rea, i5taic, situated in liaii County, Nebraska:
<br />LOT NINE (9) VALLEY VIEW THIRD SUBDIVISION,
<br />IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and other fixtures and equipmert now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shag and will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and the bond secured a eby before the same shag btwme delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of 5 ~Q, ~~ • ~D payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION [he policies for said insurance; and not to commit or permit any waste w; ar about said premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises 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 for the purpose of repairing said premises and noting
<br />the same and collecting the rents, revenues and income, and it may pay out of said incrome all expen,~zs of repaitrng said premises and rnctssary
<br />commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any liens during the txisience of such
<br />default, irrespective of any temporary waiver of the same.
<br />These presents, however, are upon the Condition, That iC the said Mortgagor shall repay said loan on or before the maturity of said shahs 6y
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hemby as interest and principal on said loan, an or before
<br />the Twentieth day of each and every month, until said loan is fully paid; pay all taxes an3 assessments levied against said premises and on this Martgagt
<br />anal tt 5 Bond secured thereby, htfare de4inqutncy; fumish approved insurance upon the buildings thereon (n the sum of 5 ~, $QQ, (}(~ paysbit
<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 maxirnum legal rata thereon Pram date of payment alt of which Aiottgagor hereby age ~s to pay; permit na waste on said premists;krzp and cxzmpiy
<br />with-all the agreements and conditions of the Bond for S 40 a $~~. DD this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements oC the Constitution and By-Laws of sairi ASSOCIATION; then these presents shall become null and void, otherwise they
<br />shall remain in full force and may be foreclosed at the option o1' the said ASSOCIATION after failure for three months to make any of said
<br />payments or he three months in arrears in making said monthly payments, or to keep and comply wi[h the agreements and conditions of said Bond;
<br />and bfortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there 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 Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />further notice, and 6te amount remaining due under said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage rtay then be foreclosed to satisfy the amount due on said
<br />bond, and any other bond for additional advances, together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payttxnt at the ntaxituum
<br />legal rate.
<br />As rovided in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br />rnakers of said Bond, their assigns or successors in interest, which sums shall be within the security of this mortgage the sart~ as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />C 10th y of Apri 1 0., 97
<br />j ~ ,~` ~ ~ ~ss~nk r hers Construction Company,
<br />Ro E sink, President- Ro r~' ss n s n ~
<br />,~ ~--
<br />nneth G. s n r' rte L. Essen ugene ss>In. aeon ssin ~
<br />sTAl~ OF NEBRASKA, as. On this 1Dth day of Apri 1 19)9 ,before me,
<br />C EIALL
<br />Ess~nk~t~er5 (: StruCti on Company, I ne. ~ the undersigned, a Notary Publie in and For said County, personall came
<br />-~y Roger J..;Essink, President/ Roger J. Essink and Nancy L. Essink his wife; Kenneth ~. Essink
<br />end Marjorie L. Essink, his wife; Eugene M. Essink and Sharon-K.fE~sink,al~is r~i`~enauyknawnta
<br />the to be the identical person S whose narneS are afnxed to the above instrumepf es mortgagor S and they severally
<br />aeknwwkdasd the Bald imtrument to be the'! Y' roluntary act aad deed. -~
<br />WITNESS my hand and Notarial Stal the date aforesaid. f"~ E--'`
<br />14ty C6mnTisti?vf n~ n _ =l" "~'' ~ _f ) !-• `~
<br />r 6EgiRAt R9 rt f S ,t of De9s'~ ~ ~ No u
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