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<br />1b40RTGACE -~ '.
<br />.__-::~,~~-~..-~•--_.__=..,~.._-___ ------- L ?3,635
<br />MORTGAGE LGAN Nfl.
<br />IcNflq'aLI,~iENB~THESEPUI'sENTS=Tnat Gary D. 'vlieck and Narna J. Wieck, each in his and her
<br />own right, and as spouse of each other
<br />Mortgagor, whether one or more, in consideration of ilu arum of
<br />Forty-ei4ht Thousand and No/100--------------------------------------------------- ~yL~~
<br />loaned to said mortgagor by The Equitable Building and Loan Associatien of Grand Island, Nehraska, Morigagce, upon 48O shoe of stock of
<br />said ASSOCIATION, Certificate No. L 23,635 , do hereby grant, convey and mortgage unto the said ASSOCIA710N the following
<br />described real estate, situated in Ha- County, Nebraska:
<br />LOT EIGHT-THREE (83) IN Y,AGGES' SUBDIVISION OF A PART OF THE
<br />NORTHEAST QUARTER OF THE NORTHWEST QUARTER (NEaNW4} AND A
<br />PART OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER (NWt,NE;}
<br />IN SECTION TWENTY-EIGHT (28) TOWNSHIP ELEVEN (11) NORTH, RANGE
<br />NINE (9) WEST OF THE 6th P.i~., HALL COUNTY, NEBRASKA
<br />.,'.together with ail the tenements, hereditaments and appurtenances thereunto betonging, including attached near coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air rnnditioning,and plumbing and water equiptnentand accessories thereto,putnps,stoves,
<br />refrigerators,~nd ether factures and equiptnen[ now or hereafter attached [o or used in cnnnedion wish said real estau.
<br />And whereas the said mortgagor has agreed and dues hereby ag«e t}rat the mortgagor shall and will pay all taxes and assessarcnts levied or
<br />as~ssed upon said premises and upon this mortgage and the bond secured the«hy before the same shall become delinquent; to furnish approred
<br />.insurance upon the buildings on said premises situated. in the sent of $ 48 , OOO.OD payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance: and not to commit or permit any waste on or about said gremises;
<br />In case of default in the perfortrrance of any of the terms and conditions of this mortgage or the bond secured fxrcby, the trtoRgagee shah,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to iht
<br />moRgagee all the rents, revenues and income to be derived from the mortgaged premises during such time as [he mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shah have the power m appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br />the same and coikctirrg the rents, «venues and income, and i[ may pay out oi' said income all expenses of repairing said premises and necessary
<br />txrrlrmissiorts and expenrcs incurred in renting and managing dte same and of colleciitrg rentals therefrom; the balance rctrrairririg, if any, to be
<br />applied toward the disdrarge of said mortgage indebtedness; these rights of the tttortgagee may be exercised at any [itne during [he exatence of such
<br />default, 4-respective of arty temporary watver of the satrte.
<br />Thesz Presents, iwwevzr, err upon the t=nnditiun, That if the said Mortgagor shah repay said Ioan on or before the maturity of said shares by
<br />payment; pay monthly in said ASSOCIATION of the sum specified in the Bnnd seeu«d hereby as interest and principal on said Ioan, on or befarc
<br />the Twentieth day of each and every trronth, until said loan is Cully paid; pay all taxes and assesstents levied against said premises and on this Mortgage
<br />:irnl ilte &tad seurrd tlrarcby, before delinquency: furnish apgroved insurance upon the buildings thereon in ilte sum aE ~ ~$ , OOO, DO payab~
<br />t=; said ASiC"fi ;IATION; zpay to said A.SSOCfATlON upon demand a;i titoney by ii paid i;~t such taxis, a~~nis and insurances wiilt utterest at
<br />the .maximum legal rate thereon from date oC rrayrnent all of which Morteagur hereby agrees to pay; p!tmit nn waste o_nsaid gremises;keep and cor~loly -
<br />with all ~s agreetacnts and ~rrtdit~us crf the B.~d far S t}$ , OO©. OO this day git~rt by the saki Mortgagor to said ASSOCIATION, amt camgly_ -
<br />with ati the requirements of the Constitution acrd ByLvws of said ASSOCIATION; then these presents shall become null and void, otherwise they
<br />snail remain in (uIl fora and may be foreclosed at the option of the said ASSOCIATION after Cailure for three months to make any of said
<br />payments or be three months in arrears in making said monthly Payments, or to keep and dimply with the agrcetnents and conditions of seat Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreciosnrc proceedings.
<br />If there is any change in owners}tig of the real estate mortgaged herein, by sole ur otherwise, then the entire remaining indebtedness hereby
<br />secured sha[I, at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become imrtrediauh,• due and payable without
<br />ftufher notice, and the amount remaining due wader said band, and any other bond for any additional advances made thereunder, shah, from the
<br />date of exercise of mid option, bear interest at the maximum legal rate, and this mortgage rosy then be Corcclosed to satisfy the aitwunt due on sand
<br />bond, grid any other bond fa: additional advances, together with aU sums paid by said The Equitable Building attd loan Association of C,rand Ishnd,
<br />Nehraaka for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from dau of payment at the maximum
<br />legal rats.
<br />As provided in ttte Bond securod hereby, while this mortgage remains in effect the nwrtgagee may hereafter advance additional semis to the
<br />makers of said Bond, their assigns or successctn in interest, which sums shall be within the security of this mortgage the same as the funds originally
<br />secured thereby, the vital amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />Dar a thin 20th day of November A. D., Iv79
<br />~_t%~~ : T --- -
<br />--~ '
<br />-Hann J. Wie
<br />STAT£ OF NSBRASICA, t ~. On tLia 20th day or November lv 79 , bzfom rrte,
<br />COUN'CY OF HALL )t
<br />the undersiglred, a Notary Public in and for said County, personally came
<br />Gary D. Wieck ;and N~hna J. Wieck, each in his and her own right, an~ as spous~~f~ya~h~o>foer
<br />are
<br />roc in be the identical person S whose name 5 dre affixed to the above
<br />acknowledged the said instrument to be their Fuluntary act and dad.
<br />WITNESS my hand and Notarial Scat the date aforesaid.
<br />My Commission expires ,
<br />16762M RI
<br />r
<br />s and they aeveral-r
<br />~--y.~
<br />~~= ~~ mil'
<br />~,GENERAI NOTARY-Stale o! Nebrask.
<br />~> JAM-, W. OLSON
<br />~_. ~---9^ "~y Gor:m. Ex~, Nov. i2, 1983
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