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<br />'~SORTGAP:I: _
<br />~o~~~-_~. ®,:_~,® ~°'~ 1.ICr;c7t,As,l. Lt;AR {,. L 2ss96
<br />KNOIVAI.LMENBYTHESEPRESENTS:Thai lidr,7 ~. Berta and Billie ~. Berta, t:BGh in hiS and
<br />her own ri ght and as spouse of each other,
<br />'slongaC,or. whefhsr one or more, in ;,riruideratirrn of tht sum of
<br />Sixty Two Thousand Four Hundred and NoJ1Od--------------------------------------- DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, l`furtgagee, upon 624 shahs of ~odc of
<br />said ASSOCIATION, Certificate No. L 23396 , do hereby grant, ccnvey and mortgage unto the said ASSOCIATION the follawirtg
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT SIX (6}, IN MEADOWLARK ESTATES SUBDI4iSION
<br />IN HALL COi1tdTY, NEBRASKA.
<br />together with all the tenements, hereditaments and appurienances thereunto belonging, including attached floor coverings, all wutdow screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps,staves,
<br />refrigeratozs; and other fixtwes and equipment 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 the[ the mortgagor shall and will pay cell taxes and assessmrnu 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 said premises situated in the sum of 5 62 , 4DD . ~D 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 />In rase of default in the performance of any of the terms and conditions of this mortgage or the bond secw^_d hereby, the mortgagee shall,
<br />on dernand, 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 Mall remain
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desue for 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 cell expenses of repairing said premises and necessary
<br />commissions and expenses incurred in rrnting and managing the same and of collecting rentals therefrom; the balance remaining, ff any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee maybe exercised at any time during the existence of such
<br />default, irrespective of any temporary waiver of the same,
<br />These Presents, however, are upon the Condition, That if [he said Mortgagor shall repay said loan on or before tht m~twity of said sI[ares by
<br />paymertt; pay monthly to said ASSOCIATION of the sum specified ir. the Bond secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, before delinquency: furnish approved insurance upon the buildings thereon in the sum of S 62,404.00 payable
<br />to said ASSOCIATION: repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments an3 inswance with interest at
<br />the maximum legal rate [hereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on said premises;keep and wmply
<br />with cell the ageemems and conditions of the Bond for 3 62 ,404.40 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with aB the requsements of the Constitution and By-Laws of said .~SOCIATION; then these presents shall become null and void, otherwise ihty
<br />shall remain in full force and may be forectosed at the option of the said ASSOCIATION after faitwe for three months to make any of said
<br />payments ar be three morzths 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 forec{osure proceedings.
<br />1f there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secwed shall, at the option of The-Equitable Building and Loan Associaticr, of Grand £siand,Nebraska,bemme immediately dve and payable without
<br />Curther notice, and the amount remaining due under said bond, and any other bond For any additional advances made thereunder, shall, frcm the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />bnrtd, 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 cfiarges, with interest thereon, from date of payment at tae maximum
<br />legal rate.
<br />As provided N the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br />makers of said Bond, their assigns or successors in interest, which sums shall be within the security of this mortgage the same as the funds originally
<br />secwed therby, the [oral amount of principal debt not to exceed at any time the original amoun[ of this mortgage.
<br />ed this 21st d of Apri 1 A. D.,1979
<br />fig/ ~~~~~
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<br />` ~'1 ! !1e J. Ei2'rEa~
<br />STATE!©F NEBRASKA' a. On this 215 t day of Apri 1 1979 ,before me,
<br />COL1N'C'Y OE-HALL
<br />,jr=1. Berta aaei B i 11 i e J . 8@rtc;, ~e undersigned, a Notary Public in and for said Cowtty, persanally carne
<br />+rseh.in his-and her oM ~ ~ s spouse of each other, who dre personally known to
<br />me to fie the identical persons affixed to the above instrument as mortgagor 5 and they severally
<br />- acknowledged the said instrument ~p¢S ~ ' r 9 act and deed.
<br />WITNESS my atq- ~u resaid.
<br />fAy Commission t~. ~ ~~~5 f, ~ ~ (~ f~~ ~ ~ /~
<br />- cff~'•x`, y :~~ ~;= v Df Natar~ Public
<br />- 6t-RBt Al ~ ~ - ~~`---
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