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<br />MORTGAf.E
<br />`~ MORTC,AGE LAAN NO. L 23,533
<br />xNOA'ALLMENBYTHESEpRESENTS:That Michael R. Beta and Phyllis J. Bera, each in his and her
<br />own right and as spouse of each other
<br />_ Mortgagor, whetter ore or more, in consideration of the sum of
<br />Twelve Thousand Six hundred and Noj700------------ _________________.___________ oott,A.Its
<br />loantd to said tnortgagar by The Egttitabk Btti}ding and Luau Association of Crand Isiattd, Nebraska, Mortgagee, upon 126 shares of stock of
<br />said ASSOCIATION, Certifipte No. L 23, 533 , do hereby grant, txynvey and rttortgage unto the said ASSOCIATION the followi[tg
<br />described real estate, situated in Hatt County, Nebraska:
<br />THE EASTERLY FORTY FOUR (44) FEET OF
<br />LOT THREE (3) IN BLOCK TWENTY ONE (2i)
<br />IN THE ORIGINAL TOWN, NOW. CITY, OF
<br />GRAND ISLAND, NEBRASKA
<br />together with al! the tenements, hereditaments and appunenances thereunto belonging, including attatdted floor coverings, all window screens,
<br />wandaw shades, blinds, storm windows. awnings, heating, air condrtioning, and plumbing and water equipment and accessorits thereto,pttmpa,sloves,
<br />refrigerators, and other fixtures and equipment now ur hereafter attached to or used in cunnectian whit said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and wit! pay all taxes attd assesvnents levied or
<br />assessed upon said premises and upon this mortgage and the band secured thereby be Core the same shat( btsrome delinquent; to fumiah approved
<br />inswancc upon the buildings on said premises situated in the sum of S j 2,6DD. DO payatbk to said ASSOC1AT10N ttrd to deliver to said
<br />ASSOCIATION the policies (err said insurarttx; and not to commit or perrnit any waste alt or shoat said premises;
<br />in case oC defatdt in Che performance of any of the tertra and rntxlitiuns of this rrtortgage or the bond secured tttteby, the ., K sltaB,
<br />an demand, ire entitled to imtrediate pvssessfon of the mortgaged premises and the mortgagee hereby asafgns, transfers and sets over to rho
<br />mortgagee alt the rents, revenues and inwme to be derived Pram the ttntrtgaged premises during such time as the trto,igttge indebtsdnesx tI~B reawfu
<br />unpaid; and the mortgagee shat) have the power to appoint any agent or agents it may desire Cor the purpose of repairit~ aatd premises tyd rentitt[Z
<br />the settle and caBecting the rents, revenues and income, and it tttay pay out of said int°ome ail expenses of repairing laid proaeuts turd norxasfty
<br />commissions and expenus incurred in ranting and rttanagittg the same and of collecting rentals therefrom; rte balance retasinirtg, d anZ, to bt
<br />applied inward the discharge of said nxtrtgage indebtedness; these rights of the mortgagee may be exercised at env time duritxg ~ ~:istr ~ t
<br />default, irrespectix of any temporary waiver of the same.
<br />7ltese F resents, however, are upam [te C.ondition, That rt rte said Aturtgagor shall repay said (oan un et b:fore the tmrurty td' said dtttres by
<br />paytsient; pay ritunthty to said ASSCk'IATION of the sttm speeited in the Bond secured hereby as interest any pruta~ipal cm said loam, on tx haCaue
<br />flte TwezetkthdaY of eac!t and every rttanttt, uutil said leap is fully paid; pay all taxes and a~saments lr: asst said pz~r~, u,ti ~~
<br />sort th - g.- nd u-cd -1-er b-r b<t- tfntltten~y Ltrrrtirh aptxaved tnsuranax upon tpe btir~s the ~=n >p tf>£ =urn of 1 9 a?
<br />7 ~' ~ _ ''
<br />to sym nSat~ttiTrixt repay ~ s zid 4~.SLK.'lAl'ir?r+l upup demand all money by it patd for auah taxes, asseasmr•nts and rastiua~st~` w~"dh intlrsst at
<br />the trraxrrnu~m- L Qat rarer ~h..--,~_.. t.~~.g i t~, ,.r .,.i,~.~nt alt of ~ a~ aR'. - .crcby ~:~~ t_ _ - _ , _ _ _ _
<br />___ _ _~ xa~.z.. ° u tray: p€rtr#tt 3p? vrassE r;n ~n ,~-_".~.s:.; n';~ 3
<br />matt ~ t ~.L II.~t ~ t ,:~. of the L'rtnd fz,r 3 i 2,@ t~~l t~ 'ns ~. n by rite said sfartgagpr to said ak~t~t~AT7~t i, aa$ eoss+pky
<br />with ail thx requirements u! ttte tunstitutiun att<I By-Laws ufsaid AS~t)t'IATION; then these ptesents shall became nail and vtsid, atherwfae they
<br />strait remain ti fttB fury std map be farocktsed ai the aprion of ehc said ASSOCIATION after failure for throe trttutths to make soy of raid
<br />payments ur ttc three trnmths to arrears in nuking said tramthiy payrrtenu, or to keep and comply with Ile agreements and anrtditioas of raid ".lortd;
<br />and Mortgagor ~gtees to have a retxiver appointed forthwith in such fareciaxuue prucxeditgs_
<br />If there is any change in ownership of the real estate zrtattgagtJ herein, by sale or otlterwite. then the entire remairtittK itsdohtedaoas hereby
<br />secured shall, at the option of The Equitabk Building and Loan Associatiarn of Grand Island, Nebraska, become immediately due and payable without
<br />further notice, and the :unuunt rernalning due under said band, and any other bond for any additional advanaxa made tleereupder,sltall, ('rota the
<br />date oC exercise of said option, bear interest at rhC rttaxitnttm legs[ rite, artd this nxtrtgage may than be foredosod to satisfy the aptauut due oa Nid
<br />bond,and any other bond for additional advana'ns, together with aIt sotto paid by said The Equitable Building srui Loan Attwcgtiun of (,,matt Etfbtnd,
<br />Nebraska fur insurance, taxes and assessnteuts, and abstracting extenstan charges, with interest thereon, t'rom date of payment at the rnaximttm
<br />~I rate.
<br />As provided in the Band secured hereby, while ihu mortgage remains in effect the rrtttrtgagec tttay hereafter adrtut« additional sutras to Ilse
<br />tnakars of said Bund, their assigns ar sutca~esst>rs m Interest, which sums shall be within the security of this rtturigage live satra as the flouts origit~ly
<br />seeuead thereby, the total anxtuur of prntctpal debt trot to exceed at any tints the original amount of this mortgage,
<br />~ (tilted uia 3~t`~ August A. n., I<~ 79
<br />r
<br />r., { ~ ~ - f
<br />Phy i J, Bera _ - -
<br />sTAT~ Oe N1:HRASKA, ~ ~ an Lhia 31st. day or August 19 79 , beforo me,
<br />COUNTY o>~ HALL
<br />the uttdoraigred, a Nntary public in and for ~ County, parsanslty
<br />Michael R. Bera and Phyllis J, Bera, each 3n his and her awn right and as spouse of eaci
<br />other .--~"'~"'+'° are o~~y kttowtt to
<br />.-'
<br />ma to ere tie edentical ptuson5 whore ttame5 dre affixed to the abovo irtstrutra as mortgagorq and they ,ewrilly
<br />ttdtttowledged the old iastrtrint:rtt to Ise their vo!lunt r
<br />sty ~t and drxd. ,.^;
<br />VY1TDItSS ray hand sad Notarial Scat the data aforesaid. ~f` r ~s'
<br />My Cnmrrts9a:gin e ~ -
<br />~ ~ 5fK€P.;S N6TaSY - Slats v1 ltakrosb - ^
<br />aaTaxtu nt ~ JaY P°. 8E+41t~ ~ Nat b -
<br />ply Cotrttn. Exp. SeQt. 1, 1981 j/
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