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<br />MORTGAGE
<br />M{)RTGAGE LoA:+ No. L 23403
<br />I¢~1ownI.LMENa~tTIIESEPZtESEa~'TS=That Anthony M. #leidner and Hyrna L. ~ieidner, each in his and
<br />her own right and as spouse of each other
<br />----- Mortgagor, whether one or mote, in consideration oC toe arm ~'
<br />Twenty Thousand and No/100------------------- ---------------------------- DoI~.Axs
<br />loaned to said mortgagor by The Equitable Building and Laan Association of Grand Island, Nebraska, Mortgagee, upon 2QQ shams of uodt of
<br />said ASSUCIATION, Cenifipte No. L 234D3 , do hereby grant, convey and mortgage unto the said ASSOCIATION ihs following
<br />described real estate, situated in IIaU County, Nebraska:
<br />LOT FIDE (5) IN BLOCK EIGHTEEN (ill), i~ISHTON PLACE,
<br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />together wRh all the tenements, hereditaments and appurtenanczs thereunto belonging, including attached noon coverings, all window saems,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />re€rigeratozs, and other faxtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas [he said mortgagor has agreed and does hereby agree that the mortgagor shat' and will pay all taxes and assessmtnts levied or
<br />assesstd upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to Fumish approved
<br />instuance upon the buildings on said premises situated in the sum of 5 2D,DDD. DD payable W said ASSOCIATIUN 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 case of defaulf in the performance of any of the terms and conditions of this mortgage or.the bond secured hereby, the mortgagee sttaB,
<br />on dtmand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />tnortgagce all the renu, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedtess shah remain
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repaving said premises and renting
<br />the same and collecting the rents, revenues and income, and it may pay out of said income all expen~s of repairing said premises and necessary
<br />corturti~ions 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 !3f said mortgage indebtedness; these rights of the mortgagee may be exercised at any tune during the existence of such
<br />default, irrespective of any temporary waiver of the same. -
<br />- These Presents, however, are upon She Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />_ payment; pay monthly to said ASSOCIATION of the sum specifted in the Bond secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and every month, tmtil said loan is fully paid; pay all taxes and assessments levied aasinst said premises and on this Mortgagt
<br />and the-Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of 3 2D,DDD. DD payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand alt money by it paid for such taxes, assessments and insurance with interest at
<br />the maximum legal rate thereon from date of payment.all of which Mortgagor hereby agrees to pay; permit no waste on said premius;keep and comply
<br />-withalllhe~greements and conditions of the Band for S 2D DDD.OD this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with a6 the requirements of the Constitution and Bylaws of'said ASSOCIATION; then these presents shall become nuU and void, otherwise they
<br />shah remain in full Corce and may be foreclosed at the option of the said ASSUCIATION after failure for three months to make any of said
<br />paytrtents 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 proceedings.
<br />If there is any change in ownership of the real estate mortgaged herein, by sate or otherwise, then the entire remaining indebtedntss hereby
<br />secured shall, at the option of The Equitable Building and Loan Association of Crand Island,Nebraska,become immediately due and payable without
<br />tttrther notice, and the 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 tray then be foreclosed to satisfy the amount due on said
<br />bond, and any other bond far additional advances, together with all sums paid by said The Equitable Building and Loan Association oC Grand Island,
<br />Nebraska for insurance, taxes end assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />Legal rate.
<br />As providedut 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 />_ secured thereby, tht-total-amount of principal debt not [o exxed a[ any time the original amount of this mortgage.
<br />Datea this 30th ~ day a Apri 1 ~. D., 19 79
<br />Y ~,~ ,
<br />her
<br />STATE OF NEBKA$KA,~ ~ On thu 30th day of Apri'. 19 79 ,before me,
<br />COI3NTY OF BALL
<br />-- - _ _ the undersigned, a Notary Public in artd for said County, personally carne
<br />Anthony M. Weidner and Myrna L_ Weidner, each in his and her own r~~it and aspe~~tR~eitrtS.tnca
<br />each other are
<br />t~ {obe the identical gerstm S whose name S drtilCf'ixed to the abo~ veeyt as mortgagor S and they ~Y
<br />aeknowleaged the said insttur>ient to-be thel r voluntary act and area. ~ i
<br />{YITNESS mY hand and Notarial Seal the date aforewid. ;
<br />M Commission a tree `~ %f
<br />x
<br />GENERAL N6TARY • Stets tH % ; ~ ~ t~ ~ ~~ ~ ~ '~` I
<br />s. 8T JAMES-t`Y.-ot.SElfii - i Notary Public
<br />pr Ceram. fry. Nov, i2,1 ~ j ~ / ~ ~~
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