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<br />~ItRTGACE __
<br />= --- -- --- --- - IstoRTC.AGE LOA.a? NO. L 23505
<br />K.NawALLtdENBYTHESEPRESENTS:That Henry 0. Repenn and P~arjorie A. Repenn, each in his and
<br />iter oven right and as spouse of each other
<br />Mortgagor, vrtarther orte or more, in taxsfiderstioa of the wm of
<br />Ten Thousanr~ and NO/100----------------------------------------
<br />--- = f)OLLAFt4
<br />Marred to said nrortgay~r by The Equitable BuOdirtg and Luau Association of Graced tskwd, Nebrastca, Mortgagtx, ups ~ {jQ slssves of slot's ~
<br />said ASSOCIATION, Certificate No. L r,~~ , do hereby gent, Convey and nmrtpgt unto the aid ASSOCIATION the following
<br />desrn"bed real estate, situated in tisll Cou~~"Mdbraska:
<br />LOT ONE (1) IiV BLOCK FIVE (5) OF BOGGS AND HILL'S ADDITION TO THE CIT'i GF GRAND ISLAND,
<br />HALL COJNTY, NEBRASKA.
<br />tog~etlter with all the teoetnenfs, bereditarnents and appurtenances thereunto belonging, including attadxd ftooc mMeri~s, all window aaeens,
<br />window shades, blinds. alarm windows, awning=. tr'~ting, sir conditioning,and plumbing and water ~viprtxnt and aax> thereto, pttmlu, ~osxs,
<br />tefrigeratars, and other fixtures and equipment now ar hereafter attadxd to or used M connection wish said real estate.
<br />And wbertas [he said mortgagor tss ageed and does hereby agce that the mortgagor shall and will pay a!I taxes and assraanseots levied or
<br />assessed upon said premises acrd apace !his martgage and the bond xwred thereby before the ware shall became delirrgadtt; to ftumsh approvett
<br />insurance upon the buildings on said premises situated M the sum of S T Q r OOO.OO payable to said ASSCICIATiON and to deBvcr to said
<br />-NSSCICIATION the policies for saw insurance; and not to commit or permrt any wastt on or about said premises;
<br />!n t~ of befseilt is t!se ptrforrtJ=net of say of tbt ttr,-ns and ccrtditiuns of this mortgage or the 6utul secued }terCby, the mortgagx duQ,
<br />an d.-mind. be entitled !o irnraediaie poss~ien of !}ce mortgaged prttnises and the mortgagor hereby suigrts. tnasfea sad su Duet to t}te
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtatrtsy shall rerrsaitt
<br />unpaid; and the mortgagce shall have the power to appoint any agent or agents ii may desire for the purpose of repairing said premixes and renting
<br />the same and collecting the rents, revenues and inrnme, and it may pay out of said ineomt all expenses of sepairssg ash premises eras! rsuxsary
<br />commissions and expenses incurred in renting and ntanagreg the erne and of coBeUirrg rentals therefrom; the balance remaining, ;< any, to be
<br />applied toward the discharge of said mortgage indebtedness; these reglets of the ttrortgagx rttay be exercexd at any time during the txexlena of such
<br />default, irrespecf eve aC any temporary waiver of the aerate.
<br />These Presents, however, are upon the Condition, That of the said Mortgagor shall repay said loan on or before the maturity of aid shares by
<br />payment; pay mon'.hly to said ASSOCIATION of the sum specified ire She Bored secured hereby ax interest sad principal on said Mae, oa ~ before
<br />Ehe Twneticth day of each red every month, until said Mae is Cully paid; pay all taxes and?~~~nts levied age ss~ pre~rF+es ~ oft this Mtn
<br />at:d ts~ $and sxca,-ed iherxby, before delitrq~y: furnish app=al ittsrrrantE upon the bur~.in~ tlttreou et t3tt sum d S I 0 , QOC~. OO pei}~is~
<br />to aid ItS30a.iA ~ te~~i; repay !o ssv± AS'~OCLATION upon demand all mosey by it paid far srxlt taxes, assents sml ir~statroe w;tlt mtsreM at
<br />tl~ ,.,aY:..,.,,.. t.~t Arw :6wrfnn r..,,,, A~s..,r .,,,,.,,a,,. art of wl.,~ u~ . Arb° °..-e`s to may; ~. u`t s emr~ ~A.,iats;;~ ~..ar
<br />- ----~--° --a" ---- -----___- .. _.., R.•_ _. ,7,..-... _ ~(} mss.. z ~
<br />~~h ar tln 'g€n rrt~,^ts a.~~! ccnditivns or the Bov F ~ S I O[ f} ~~tria day gi-rzan by the aid korig3gor to ,1 ASSI)CiA'[~ON, anti ivmpll'
<br />-with alt the requirements of the Constitution and By-Irws o ASS IATION; then these presents shag become null and void, otherwise they
<br />shall remain in full force and may be Corectascd at the option of the said ASSOCIATION after failure for three months to make any oC said
<br />payrrtenis or be three: months M arrears in making said monthly payments, or to keep and comply with the agcements and conditions of said Goad;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />It there es any change in owuer~sep of the real estate mortgaged herein, by sale or otherwise, then the entire remaining intlebtednesa hereby
<br />segued shall, at the option of The Equitable Building and Loan Association of Grand [shutd,Nebraaka,become immediately due artd payable without
<br />further notix, and the amount remaining due under said bond, and any otter bond Cot any additional advantxx made thereunder, shall, from the
<br />date of ettercise of said option, bear ereterest a[ the maximum leEal raft, sad this mortgage may Char be foredaeed to ntisfy the amorsnE due oa sad
<br />bond, and any other bond :or addtional advances, together with all sums paid by said The Equitable l}ttildiag sad Loss Association of grand Iahtod,
<br />Nebraska Cor insurance, saxes and as~arrtents, and abstracting extension charges, with interest thereon, from date of payment at the rs]sxhutmr
<br />kge! rate.
<br />As provide! in the Bond secured hereby, while this mortgage remains N effect the mortgagee may hereafter advance additional sum to the
<br />rrekers of aid Band, their assigns or succeswrs in interest, which sutras shall be within tbe security of this mortgage the same as the funds originally
<br />se~vmil thereby, the total amount of principal debt not to exaced al any time the original amount of this rrtorigsage.
<br />Dated -tis ,?4th day of August A• ~., -9 79
<br />r
<br />Ma orie R. RepenFi
<br />STATE' OI: NEBRASKA' ~ $ On this 4th daY of August 19 79 ,before tae,
<br />souN~ ae HALL
<br />the undenugwd, a Natary Pubhc in and far aid County, permaal~ pme
<br />Henry 0. Repenn and Marjorie A, Repenn, each in his and her own ri~I~t and as sp~ou~ of~e~ch
<br />other ~ are
<br />r~ to be fix identical Pe ~ ~-• ~ s are affixed to the about imtruroent as mortgagor s sad they severally
<br />aekreowledged the aid ~ ~'••y vohmtary act artd mod.
<br />p1Hi>hartd and Nofar'~' the date afaxesaid.
<br />idy ~•ormaiaaktR:cs ~ /~ r9 pr'1 ,~'~ -LG4s--~
<br />:= rzf Ct!! late,-yP-~t;i:
<br />raraarrat '~ .'`~,
<br />~.
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