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<br />79--~ C12 6 ]~ U
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 23405
<br />KNOW ALL MEN BY THESE PRESENTS:That Wayne E. _Essink and Suzanne M. Essink, each 9n his dnd
<br />her own right and as spouse of each other
<br />--- Mortgagor, whether one or more, in consideration of the sum of
<br />Fifty Eight Thousand and No/IOD---------------- ----_-_____________________ DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand island, Nebraska, Mortgagee, upon ~80 shares of stock of
<br />said ASSOCIATION, Certificate No. L234OE> , do hereby grant, convey and mortgage unto the said ASSOCIAT[ON the following
<br />described teat estate, situated in Hall County, Nebraska:
<br />LOT ONE (i), LAKE DAVIS ACRES THIRD SUBDIVISION,
<br />HALL COUNTY, NEBRASKAI.
<br />- together with all the tenements, hereditamenis and appurtenances thereunto belonging, including attached noor coverings, all window saerns,
<br />window shades, blinds, stator windows. awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps,stouts, -
<br />refrigerators, and other textures 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 that the mortgagor shall and will pay alt taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and [he bond secured thereby before the same shall become delinquent; to furtrish approved
<br />inswanw upon the buildings on said premises situated in the sum of 3 SS ,DDD. DD payable to said ASSOCIATION and to deliver to said
<br />ASSOC1AT10N 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 performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />an demand, be entitled to immediate possession of the mortgaged premises and the mortgagor herehy 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 morteagee shall have the power to appoint any agent or agents ii may desire for the purpose of repairing said premises and renting
<br />the sacra and collecting the reins, revenues and income, and it may pay out of said incoms alt expenses of repairing said premises and necessary
<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 thx discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any thtx during the cxistrnce of such
<br />defaulk, ierzsgeetivs of any temporary waiver of the same.
<br />Thtse Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />paytttent: pay monthly [o said ASSOCIATION of the sum specit3ed in the Bond secured Hereby as interest and principal on said loan, on or before -
<br />Ihe Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied against said premises and on Lhis Mortgage
<br />ant! the Bcxtd secured thereby, before delinquency; furnish approved instuance upon the buildings theeeon ir. the sue.: of ; ~ ,D00. DD payabit -
<br />tc said ASSOCIATIC`iN: repay to said ASSOCIATION upon demand all money by it paid fur such taxis, assessmems and irrsuran« with intexcst at
<br />the maximum legal tare thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste en said premises; keep and comply
<br />with ail the agreements and conditions ref the Bond for 5 58,ODD. DD this day given by the seed 4fort_cagor to sa-+d ASSOCiAT10N, and comply
<br />with all the requiretrtent; of the Constitution and By~Laws of said ASSOCIATION; then these presents shall become null and void, otherwise they
<br />shall remain in full force and may be foreclosed at the option of [he said ASSOCIATION after failure for three months to make any of said
<br />payrrtents or be these 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 proceedmgs-
<br />It ther^ is any change in ownership of the real estate mortgaged herein, by sale or otherwise, thee, iht entve remaining indebtedness hereby
<br />secured shall, at the option oC The Equitable Building and Loan Association of Grand Island, Nebraska,bernme immediately dui and payable witheui
<br />further notitt, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, shall, Crum the
<br />dace of exorcise of said option, bear interest at the maximum legal rate, and this mortgage nwy than be foreclosed to satisfy the amount due on said
<br />bond, and any other Gond for additional advances, together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, [axes and assessments, and abstracting extension charges, with interest thereon, from date of payment at [ht maximum
<br />legal rate.
<br />As provided in 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, the late! amount of principal debt nut to exceed at any time the original amount of this mortgage.
<br />Date this ISt daday of Mdy A. D., 19 79
<br />~ ~If~~~, ' ' 1
<br />-'Suzy a M. ssink
<br />SPATE Op NEBRASKA, ~ ~ On this I S t day of May 1979 ,before me,
<br />COtJNTY OF HALL
<br />the undtraigned, a Notary Public k and for said County, personally came
<br />Wayne E. Essink and Suzanne M. Essink, each in his and her own rig~~nand as sperso~i~flyQchownto
<br />each other
<br />leer to be the identical person$ whose ttameS are affixeA to the above i rumens as mortgagor 5 and they severally
<br />acknowledged the said insttument to be their voluntary act and deed. r
<br />KTTNF.SS my hand and Notarial Seal the date aforesaid. ' f ~, ?, ;,( /
<br />- My Commission azpires ~ry ~. ~-~~~~~/'" `~ .~.~~ ~ U f
<br />E-t•iLi Rt Lam'' ! ~ ~ "~ J ~ ~ Notary Public
<br />r ~ GEt7Ei7Rl HOiAt7t' - irate of testa.
<br />/ ®n JAMES W. OISON
<br />t~ My Camm. Esp. Nov, 12. 19T9
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