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<br />MOIdTL;AG'E
<br />3SORTGAGE LO~'-•~ RN NG. ~ 23 , 632
<br />tavowALLhsE~{BYTrtESEPxESENTS:rhat phi lip B. Hazen and Arlene E. Hazen husband and wife
<br />AND Robert L. Hazen and Marcellinda Hazen, husband and wife
<br />----l+torrgagor, whether one or rttore, in tpnsidetation of the sum of
<br />Sixty-eight Thousand and No/1_0_0---------------- --------------------_-__-- DOrraRs
<br />Loaned to said mortgagor by The Equitable Building and Loan Associatian of'vrand island, Nebraska, Mortgagee, upon b8D Mares of stack of
<br />said ASSOCIATION, Certificate No. L 23,b32 , du hereby grant, convey and mortgage unto the said ASSOCIATION the foBavrirg
<br />described real estate, situated in Hall Cvunty, Nebraska:
<br />LOT SIX (b) IN BLOCK TWO (2} IN BRENTWOOD SUBDIVISION IN ~'HE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />together with ail the tenements, hereditaments and appurienanexs thereunto belonging, including attached floor coverings, all window screens,
<br />~. window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and r~•a[er equipmen[and accessories thereto, pumps,stoves,
<br />',, refrigerators, and viher fixtures and equipment now or hereafter attached to ar 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 all taxes and assxsffinents levied oz
<br />assessed upon said premises and upon [his mortgage and the bond secured iherebv before the carne shall become delinquenf; to furnish apprors$
<br />insurarnce upon the buildings nn said premises situated in the sum of 5 b8, DDD. DO payable to said ASSOCIATION and to deUver to said
<br />ASSOCIATIONv the policies for said insurance; and sat to commit or permit any waste on or about said premises;
<br />to case of default in the perfocnnartre of any of the terms and conditions oC this martgage or the band secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over [a tha
<br />mortgagee ail [he rents, revenues and income to be derived from the rttortgaged premises during such time as the mortgage indebtedtess shall remain
<br />unpaid: and the mortgagee shalt have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br />the carne and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said premises and rtecessary
<br />ipmmissians and expenses incurred in renting and managing the same and of collecting rentals therefrom: the balamx rcmainirtg, if any, fa be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee nnay lent exercised at any time during the existenx of such
<br />des-suit, irrespective of any temporary waiver of the same.
<br />These Presents, however, are upan the Condition, That if the said Mortgagor shall repay said loan on or betore the maturity of saisi shares by
<br />payrrtent; {ray monthly to said ASSOCIATION of the sum specified in the Rand secured hereby as interest and principal on sad loan, vn or bafom
<br />the Twentieth day nf' each and every manth, until said loan iS fully paid: pay all taxes and assessrtnenis levied against Baia: premises and an this Mortgage
<br />and tht Rond ~ itred thereby, bet~re delinquerrey:. furnish approved insurances upon the buildings iherean it the sum of $ b8, 0;;0. ~ payable
<br />iv said A.3t".%IATIOti; repay to said ASSOCIATION upon demand ail rtx~ney i;y it paid Cvr such taxes, assasssnenES and ink ~ with interest at
<br />the maxifnum lees} rate thereon from date of payment all of which 1!turtgagur heret±v agr~ t~ pay;1~,~,it rr:; wastean ~ : ~~-..na .,~-~ a~'id ~~v
<br />with alt the agree~,ren~ and can~tirians of the Ratid far S 6$ ,Q{10.0~ this day gin try sire said Slartgagvr to ~~ ~,,si,',t3C;A3`-Ic`3i§,-and-z:vmp:y
<br />with all the requirements of the Canstirution and By-Laws of said ASSOCIATION; then these presents shall become null and void, otherwise they
<br />shall remain in fu11 force and may be foreclosed at the option of the said ASSOCL4TION after failure for three months to snake any of said
<br />payments or be three months in arrears in making said monthly payments, or to keep and comply with the agreements and annditipns of said Bond;
<br />and Mortgagor agrees [u have a receiver appainted forthwith in such foreclosure proceedings.
<br />if there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire rerrrainittg indebtedness hereby
<br />secured shall, at the option oCThe Equitable Building and Loan Assrxiatian of Crand Island, Nebraska,beawtne immediately due and payable without
<br />fwther notice, and the amount remaining due under said band, and any other bvnJ Car any additional advances made thrrcundtr, shall, from the
<br />sate at exercise of said option. bear interest at tine maximum legal rate, and this mortgage nnay then be foreclosed to satisfy the amount due on said
<br />bond, and any other band far additions{ advances, together with all Burns paid by said The Equitable Building and Laan Aasociatian of (rand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, iiom date of payment at the maximum
<br />Iegalratc.
<br />As provided in the Rond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums io the
<br />makers of said Band, their assigns or successors in interest, which sums shall be within the security of this mortgage the sarm as the funds originally
<br />secured thereby, the total amount of principal debt sole to exceed at any time the original amount of this mortgage.
<br />~ted th;: 1 g day of November . ~ A. n., 19 79
<br />Arlene E. Hazen MarcelTinda Hazen
<br />- -STATE OF NEBRASKA, ~ ss. Ort this 19th nleY of November l9 79 ,before me,
<br />COIIN7'Y OF HALL
<br />the wrdersigned, a Notary PubUc in and for said County, personally caste
<br />philip B. Hazen and Arlene E. Hazen, husband and wife AND Robe t L. Hazen and Mar~etlinda
<br />Hazen, husband and-. wife ~ whO are ~rs° Yknowntn
<br />era to be the identical person g whose name S are a[Tixed to the above instrument as mortgagor S and they ~verally
<br />acknowledged tl~ said instrument to be their voluntary act and deed.
<br />WITNESS niy hand and Aotaetal Seal the date afaresaid-
<br />My Corn d[~ __ ~ ~ f' , ~ .%
<br />} r ~ v _~ Pots b
<br />ta7waas nt ~ , ~ .._ ~~~
<br />~~_-~ ~ 61y t . ,~. ~ N x t- 8t ~,_,.,--~" ~
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