|
~} r i ':e
<br />! ~,w s
<br />MpRTt"rAGE _
<br />MORTGAf;F,LOANNO. L L"3,651
<br />tcNOwAUM~~B~THFSEPRESENTS:That Richard L. Snyder and Connie J. Snyder, husband and wife
<br />AND John A. Widhalm and Judith C. Widhalm, husband and wife
<br />Mortgagor, whether one or more, in crrnsideration of the sum of
<br />Eighteen Thousand fiive Hundred and No 11 QO---------------------------------------- mL~~
<br />loaned to said trrortgagor by The Equitable Building and Lawn Association of Gxand !stand, Nebraska, Mortgagee, upon 185 shares of stock of
<br />said ASSOCIATION, Certifipte No. L 2$,651 , do hereby grant, convey and mortgage unto the said ASSOCIATION the foltowiog
<br />described real estate, situated in Hall County, Nebraska:
<br />ALL OF LOT EIGHT (8) AND THE WESTERLY 5.4 FEET OF LOT
<br />SEVEN (7} ALL IN BLOC!: NINE (9) IN BOGGS AND HILL`S
<br />ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA.
<br />together with all the tenements, hereditaments and appurtenances t}rercunio belonging, including attached Hoot coverings, all window screens,
<br />-window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equiprttent and aeassuries thereto, pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to ur used in eomte~tion with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor strait and wilt pay all [aces and assessments levied o;
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the ssme shall bernrne delinquent; to furnish approved
<br />insurance upon the buildings un said premises situated in [he sum of $ 18, SDD. DO payable ro said ASSOCIATION and to deliver to said
<br />ASSfX'IATION the pcriicies fur said insurance; and not to commit or permit any waste un ar abavt said premises:
<br />In of default in the performance of any of the tcrtns and conditions of this mortrage ur the bond secured hereby, the mortgagee shalt,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the nwrtgagur hereby assigns, transfers and sets Duce [o the
<br />nuntgagee all the rents, revenues and income to be derived from the rntrrtgaged premises during such titM as the rrtartgage indebtedness s1uU remain
<br />unpaid; and the nmrtgagee shall have the power to appoint any agent ur agents it may desir. fur the purpose of repauirrg said premises gear renting
<br />the same and a>Ueeting the rents, revcmres and income, and it relay pay our rf mid inc~mc all expenses of repairing said premises and neee~ry
<br />commissitms and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied toward the dixharuc of said mortgage indebtedness; these rights of the nwt tgat'ee may be exercised at any titan during the existence of such
<br />default, irrespective of :toy temporary waiver of the sartx,
<br />These Presents, h;twrver, are upon the Cunditiun,l:'taI if the said Mortgagor shat( repay said roan on yr before the nuturity of said sttates by
<br />payment; pay nam:hly to said ASSQC'IATtON of the sum specified in the Bund >ceurcd hereby as inrzrast and principal on mid loan, on ur before
<br />ttte Twentieth day of e.ee:^. and : ;~rv rts:nst:, u-ti:::id tug.^. is fuUv paid: pay alt faxes xnd assessrttcnts le.:ed a~inst said premises arni on this Mori
<br />a.:1 (tee ttonr! secured thcr__try, t?f,~re drtiny~ns~: f:xui~r approvs.~ insriran~ rr~!n kt±e harilctiat;±s !t>:reon in it;e sum rzt [ 1 ~, c3~~. ~~ payable
<br />to saiei ASSfiCIATtt7" repay to ^uid ASSUC'tAT1UN upon desrmnd aiI ntuney by it paid fur such tazea, assessments amt inswance with inrerost at
<br />the trzximum legal case sherea±n sr=,,•,; dace „f payn,rn% ail „= whktt ?tettgagac hereby agrees to pay;peen=.i=. rtsz wNas.tast.b:.: pre_:.isas;rerip andrxrmpty
<br />with all tttr agxeetnent; anti ~rrndirions ui the t3tmd tar ~ 18 , 50D. D0 this day given by the said ikturtgagar to said ASSCFt~TATtt~N-, and comply
<br />with all the reyuirerrrents ul'the Constittuiun and Uy~Laws of said ASCOCIATIUN; then these presents shalt hecuttx null and void, otherwise they
<br />shall remain in full force and miry he foreclosed at the option of [he said ASSl7C'tA"CtON after failure for three months to make any of said
<br />paytrtenls or be three nrunths in arrears m making card monthly payments, or [o keep and ewnply with the agreements and eondiUUns of said Bond;
<br />and Mortgagor agrees ka have a receiver appointed forthwith in such foreclosure praceedings.
<br />U there is any change in ownership of the real estate rrturtgaged herein, by sale ur otherwise, then the tn[ire rrrrtainirtg ittdebtcdncss hereby
<br />secured strait, at the optiur: uf'Che l:yuitabic Building and L.uan Association of Grand Island,Nebraslat,bevxtme untrrediately due and payable without
<br />further notice, and the anxrunt remaining due under said bond, and any other bond fur any additional advances ntaae thereunder, shall, Crum the
<br />date of exercise of said option, bear interest at the maximum legal rate, and tltis mortgage may then be forer:tased to satisfy the atttount dug on said
<br />baud, and any other Mmd for additions] advances, together with all sums paid by said The liyuitable UuUding and Lunn Association nfGrand island,
<br />Nebrxska for insurance, taxes and assessnents, and absdacting extension charges, with utterest thereon, front date of payment ai the maximum
<br />legal rate.
<br />As provided in the Band secured hereby, while this mortgage renwins in effect the nturtgagee may hereafter advance additional sums to the
<br />rttatrers aF said Blind, their ssaigns ar successors nt irurrest, which sams shall he within the security of this rtxrrtgage the same as the funds originally
<br />accmed thereby, the rota) amount of principal debt not to exceed at any tune the original amount of this mortgage.
<br />t?7ted this gbh day at December ~r . u., l9 79
<br />T~ ~ .,,~~ ~ _~ m__f _~_.~__~.___ ~.~~hn fit. W,idh~ m
<br />,,P ~ •r j:~~.A~ r „ f
<br />C©nni a 5. der ~ ~' ~uc~i t t't~'.-l~'i dfia~m
<br />-STATE OPNEBRASttA, ~ ~ On this 8th tray ar December 19 79 ,before me,
<br />COUNTY OF 1LALL
<br />[hc urtdersigrsed, a Notary Public in and fur said County, personally came
<br />Richard L. Snyder and Connie- J. Snyder, husband and wife AND John~~Widhalm tn~~lt~e.
<br />t~idhalm, husband and wife are
<br />rte to be the identical persons whose name S dre affixed ro the above instrtrtpent as mortgagor 5 and they Y
<br />adinowiedgtd tree said instrument to be their vutuntary get and dced.
<br />WT'CN6SS my hand and Natariat Seat the date afaresaid.
<br />My tission expires f _ ~ rte,-' ! '_ ~
<br />~ ~ Q~e.$,ntkdfA~"S~tlOiii/N-tifl ,__ '~-- f Notaryr.Pu~7ic /
<br />taTta~it at DRY M. BEAZLEI; ' . ,//
<br />MY Comm. Ekp. Sept. It 1981'.
<br />
|