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79-•1 ~55~1
<br />MORTGAGE
<br />MORTCAGELOANNO. L 23s~2'~
<br />KNOW ALL MEN BY THESE PRESENTS: That Larry G..Boesen and Ellenor E. Baesen, each in his and her
<br />own righ~ and as spouse of each other
<br />Mortgagor-whether one or more, in consideration of th sum of
<br />One Hundred forty Thousand and No/100--------------- _ _________ ooLLARs
<br />loaned to said mortgagor by The Equitable Building and Luan Association of Grand Island, Nebraska, Mortgagee, upon t QOO shares of stock of
<br />said ASSOCIATION, Certificate No. L 23,523 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT FIVE (5) IN HIDDEN LAKES SUBDIVISION N0. ONE (1)
<br />HALL COUNTY, NEBRASKA, BEING A PART OF THE SOUTHEAST
<br />QUARTER OF THE NORTHEAST QUARTER (SE;NE4) AND PART OF
<br />THE NORTH HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST
<br />QUARTER (NIa(dE4SEa) ALL IN SECTION THIRTEEN (73! TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE NINE (g) WEST OF THE 6TH P.M.
<br />IN HALL COUNTY, NEBRASKA.
<br />together w5th all the tenements, hrreditaments and appurtenances thereunto belonging, including attached floor coverings, all window careens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and attrossories thereto, pumps, stores,
<br />refrigerators, and otter[ fixtures and equipment now or hereafter attached to or aced in connection with said real estate.
<br />And whereas the said mortgagor has agreed artd does hereby agree that the mortgagor shall and will pay alt [axes and assessmtnts tevied or
<br />asstsszd upon said premises and upon [his mortgage and the bond srkured thereby before the same shall bzcumc dtlinyuent; to furnish approved
<br />insurance up<m the buildings nn aid premises situated in the sum of $140,000.00 paysble to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said instuance; and not to cutmnit car prrmtt any waste on or about said premises;
<br />In case oC default in the performance of any of the terms and conditions of this mortgage m the bond ucured hereby, the mortgagee shall,
<br />on dem:md, be emitted to immediate possession of the mortgaged premises and the mortgagor hereby' assigns, trarssf'trs and seas over to the
<br />mortgagee all [he rents, revenues and income to be derived from the mortgaged premises during such time as the mongage indebtedness shalt rctnaut
<br />unpaiJ; and the r:toet-a~cgzz sits!! haves thz power to appoint any agznt ar agents it may drsirz foe the purpose of repairing said premius and ren[irtg
<br />the same and col!zetir~ the ants, revenuesand income, and it may pay out of said income all expenses of eapairing said prerises and nnecrossazy
<br />commissrons and expenses ineuntd in renting and managing the same and of collecting rentals thetetrom; [ha balance rernaining, if any, to bt
<br />awnt:a.i r,..~,..,i rt...l ~.nFr.o. ,.C eu:rl .eu.eea•~nw ;nA.h..et^s.e~ rF..^ riphac nr tha i;,z.te~aae. v _v tv Pk Pr~:.e[{ as '.rye nr, th. ai:ktw.~-w ni flr,~h
<br />_r~-.- .... _ .". ~. _. _ ...-. ~-o. _.. _. -__. - .". xia ` anV :' '' rirla
<br />det'ault, urrsptctivz aC any temporary waiver cat the saint.
<br />Thrsr Preszn[s, huwct<r, art upon the Condt[run,'fhat li the said Murtgsg~st shad repay acid loan can car befurt the matwny of s3ta sissies by-
<br />payntcnt; pay mvnllt!y w sail ASSOCIATION uC the sum sotcified cat the }land secured hereby as ints[s.<,t and prrT -i,N„! a^, r;! !gin, „= zx !~f~za
<br />the Twrntirrh day rf each and every mantle, untd said Luan is fully paid; pa}- aH tarts and xsszssvrents Izvied against said prcntisrs and an [his Mortgage
<br />and the Hand ucured thrrehy, before delinquency; furnish approved inswanct apace the buildings chevron in the sum of 5'! 4O OOO. (}(} pvyab6e
<br />[a said ASSOCIATION; repay to said ASSOCIATION upon demand all money by tt paid fur such tuxes, aurxxinrnts and tnst~anee wt interest at
<br />the maximum ergot rate thereon from date of paynrtnt al! of which Martgagar hereby agrees to pay; pcnnit tw wasteun saki premises, keep an3 exvmpty
<br />with all the agmements and cundiuuns of the @ona fur S 14O OOO OOthis day given b} thz said MMangagor w card ASSOCIATION, and comply
<br />with all the rrquiremtnts of thz Constitution and $yLaws of said ASSOCIATION: then these presents shall becumz nail and nld, otherwtat [hry
<br />sha0 remain in full force and may be foreclosed at rhr option of the said ASSOCIATION otter farlure for ifure trtuntlt_s to :coke any of said
<br />Isayntrnts car he rhrer months m arrears in nuking viJ monthly paymenu, w to keep and comply with rhr agrotmrnts and candttions of card Ehxnd;
<br />and Mnrtgagor agrees to have a rxczivtr appnnted Curthwuh in such furecluaure pmcrrdmgs
<br />!( there ix any change in ownership of the real rstatz mortgaged herein, 6} sale cat utiterwtsr, than thz tntuc rummirtg uedtbtednesa M;etfy
<br />secwcl sha0, at rhr option of The t=yuitable Building and l.aan Aswcwttun of Grand Ixtund.Nebraska,becurtx unmzdutrly dirt and payable withou[
<br />fwthzr nottcr, and tfK amount remaining due under said bond, and any other band fur sny additonat advanws nude zhercwtdrr, shaA, from the
<br />dsir ot• txtrcise ::f sold option, bear interest at the n;aximum Iritat rate, and this nturtgagr may then be foreclosed ro satisfy the amount due on soot
<br />honJ,anJ any other bond tar additional advartcrx, togc[her with x11 sums paid by said Tht Eywtable @uilding and Latin Aswcutiun u(Grand lahmd,
<br />Nzisraska lur msuranac, tazex and asscuments, and abstracting rsttnsion charges, wttb murcst thereon, tram dart of payment at Iht ttmxin[tun
<br />least v~~t-
<br />A5 {trenard in the &ntd ucured hereby, while this nwrtgage tematns in effect tha nwrigagee may hzreaf err advance addniatui sums to rhr
<br />makers cat ssia Hand, then assypu of sus:cessurs in interest, wtuch aunts shall bz within rhr srcunty of this nturtgagr rhr satrtt as [hz ftu[da originally
<br />secured thetcSy, th< total amount of principal debt not ro extxed at any time ehr original amount of this mor[gagz
<br />I>stea chit 27th. day ~r August A. o., !v J4
<br />_ ~
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<br />art-y `es ----
<br />Eli~ E. Bowen
<br />STA F NEBRASKA. ~ ~. Ott this 2JLh • day of August f9 J9 , before tru,
<br />COUNTY t]F EIALL
<br />the undersigned, a Notary Public in and fur said County, personally tame
<br />Larry G. Bowen and Ellenor E. Bowen, each in his and her own rig~,~aand as sper~tillyKna~Fd'
<br />other are
<br />ttx to 6e the identical parson g wlwse na fix. ~, ~,~~~ ed to the above instrutmnt as mortgagor g and they stvrrally
<br />aekswwledgerl the said inatcttment to be t kY` ~.-.N~y~tY~c d decd.
<br />WITNESS my nano And I~f~lejr$sitl the date iflArtelel~t
<br />My Commission axptras ~ ~ `y ~ __!C!~~
<br />,~ _ ~ v.
<br />6.13M al t,~ ~ ~~ - ~~ Notery Public
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