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<br />MORTGAGE _ _
<br />~__-_._._~~~___ - - ~~ MORTGAGE LOAN NO. L 23 , 646'
<br />3INOWALLMEIVBYTHFSfiPItESENTS-That William-R. Yanda and Sherry L. Yanda, each in his and her
<br />own right, and as spouse of each other
<br />----- Mortgagor _whether one or mole, in consideration of the stem of
<br />Sixty-nine Thousand Six= Hundred and No/100--- ------- mLLARs
<br />Loaned to said mortgagor by The Equitable Buildhtg and Luan Association of Grand Island, Nebraska, Mortgagee, upon 696 shares of stock of
<br />said ASSOCIATION, Certificate No. L 23,(746 , do hereby gran[, convey and mortgage unto the said ASSOCIATION fix following
<br />described real estate, situated in Hall Comtty, Nebraska:
<br />LOT FOURTEEN (14} IN htEA00W LANE FOURTH SUBDIVISION, HALL COUNTY,
<br />NEBRASKA.
<br />together with all the tenements, hereditamunts and appurtenances thereunto belonging, including attached floor wverings, all window scrceRS,
<br />window shades, Minds, storm windows, awnings, healing, air conditioning,and plumbing and ^••rter equipment and atxcssories tlrereto, pumps,stoves,
<br />refrigerators, and other fixtures and equipment ttow or hereafter attached to or rued in connec:tien with said real estate.
<br />And whereas [he said mortgagor has agreed and does hereby agree that ffie mortgagor shall and will pay a6 taxes and a~~~nts levied oe
<br />assessed upon said premises and upon this mortgage and the band secured thereby before the same shall become delinquent; !o furnish approved
<br />insurance upor. the buildings on said premises situated in the sum of $ 69 ,600. vv payable to said ASSOCIATION and to deliver [o said
<br />ASSOCIATION the policies far said insurance; and not to commit or permit any waste ore or about said premises;
<br />In case of default in the performance of any of the terms and wnditions of this mortgage or the bond secured hereby, the rrtarigagce shah,
<br />on demand, he entit}ed [a immediate possession of the mortgaged premises and the ttRrrtgagar hereby assigns, transfers and sets over Ya the
<br />mortgagee all the rents, revenues and inmme to be derived from the rtmctgaged premises during etch time as the mortgage indtbtedt~ss shall mmairt
<br />unpaid; and the mtxtgagce shall have the power to appoint any agent or agents it may desire fur the purpose of repairing said premises and renting
<br />the Berne and wllecting the rents, revenues and irtwrne, and it tray pay out of said income all expenses of repairing said promises and tteeesaty
<br />wmmi~ions and expenses incurred in renting and managing the same and of wBecting rentals therefrom; the balance retruirting, if any, to be
<br />applied toward the discharge of said marigage Indebtedness; these rights of the mortgagee may he exercised at any time daring the existentx of attch
<br />defauir, irrespective of any temporary waiter of the same.
<br />These Presents, however, are upon the Condition, That rf rho said Mortgages shall repay said loan on or before the rnaiurity of said Shares by
<br />payrtmnt; pay monthly to said ASSOCIATION of the sum sp24ified in the Bond secured hereby as interest and principal on said lotto, an of before
<br />the Twentieth day aC each and every month, wttiE said loan is fully paid: pay all taxes and assesunents levied against said ptetnises aad on this Martg~e
<br />and the Band 3eCUred thcrclsy, be(-;re delingttaRC~y; furnisfi app:ov~d insuranx upon the buildings ttterean ifl the sum of $ 69 , 600. QO payable
<br />to satd ASSi}CIATI€iN: repay to Bard A'~itj€'IATttiN upon demand alt nwney by it paid tau such taxes, assesssRCRts and iRStuancc with interest aL
<br />the rr~T>,a_,r~m 1 Pal r-.te t_herenn frn,n dvre nt e~av.>,_eE,t ~u of ~vhi~h A1r.rtgagor hereby a~~rt=s to pay; ~:rmit .^.o ws..ste vr. s3id prm:aws;k~t. ~l Sy
<br />-with a6 the agrxrnenzv and cc?rtditiar;s zf zh= Bored iv $ 6~ ~ 6 n0. ~~ this day gixn by i,':e- raid-`..1' ortgitgar to said A-~wsOCIATIGN, -~it3-,ry
<br />with all the requ'uements of the Canstitutian and By-Laws of said ASSOCIATION; then these presents shall bewrne nub and wed, otherwise they
<br />shah remain in tub force and rosy be toreciosed at the ap[ion of the said ASSOCIATION after fsitute for throe months to make any of said
<br />payments or be three months in arrears in making said monthly payments, ar ko keep and wrnply with the agrcements and condition of said Band;
<br />acrd Mortgagor agrees to have a receiver appouned forthwith in such foreclosure praccedutgs.
<br />If there is any change itt ownership at the real estate mortgaged herein, by sale ar otherwise, then the entire remaining irrdebtedrreat hereby
<br />secured shah, at the option of The Equitable Building and Loan Association of (rand island,Nebraska, becottx immediately due and payable without
<br />further notice, atzd the amount remaining due under said band, and any other bored for any addititnal xdvanaa ttrttde thelCUntkr, stub, from the
<br />date of exercise of said option, bear interest at the maximum legal rate, and thin mortgage tray then be foreclused to atisfy ttte aRRrunt due t~ aid
<br />tsand, and any other hcind for additional advances, together wirh sit sums paid by said The [iquitable Btu7ding and Loan Amwciation of Grand Island,
<br />Nebraska for ittaurance, kaxes and assesstltents, and abstracting extension cJtarges, with interest thereon, Lion date oC payment at the anximum
<br />legs! rate.
<br />As provided in the Band secured hereby, while this martgaga remains in elTect the mortgagee may hereafter advance additioru! sums to ttu
<br />makers of said Band, their assigns or succcssrxs in interest, which Burns shall be within the sectuity of this trwrtgage the satin as [he funds originally
<br />secured thereby, the fatal atnaunt of principal debt not to excxed at any tune the original attwunt vi this rtwrty~e.
<br />Dated rota 30,Y~1 ,day of November
<br />a a
<br />` Sherry Ya da
<br />STtlTk OF N-Is$Rt4SKA, ss. On this 30th
<br />cooNTY o~ tlAl.l.
<br />' Wi.Iliam R, Yanda and Sherry L. Yanda, e
<br />tither ~
<br />A. D., 1'> 79
<br />day of November !v 79 ,Moro ttte,
<br />the wtdersigned, a Notary Public in and for said Catmty, personally canto
<br />his and her own righi~and as s~ slime ~o~$rto
<br />*,_ are
<br />me to be the identipl perm 5. wtuxse Rome S ,.~'/f,
<br />a 'c cnawkdged the sgid instrument to be their ~Ya~q~
<br />WiTNFSS my hsnef-and Notarial. + - i~4~'lxi'"~ ~` ~
<br />MyCatnmissionexplres Jam- r=t~~;,r~>t;tet•I ;
<br />instttmitnt as mortgagor 5 and they mvetaBy
<br />_ ~.~~~-
<br />Notary Public
<br />!67&aM RI ~ls~' 's¢`•1 ~ li`'•S`Q`
<br />j~OF N~$Rt*
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