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<br />MORTGAGE
<br />MORTGAGt F.CDAN NO. -~ 2 ~' , 656
<br />KNOW ALLMC:NBYZFtLSF:PRESEN7S-That Robert J. Baker and Mary L. Baker, husband and wife
<br />AND Gerald L. Hehnke and Charlene A. Hehnke, husband and wife,
<br />Mortgagor, whether one or mere, in consideration of the sum of
<br />--~-0~t~t_-Fj.Vg_1~1QFl~a~-end NOL~OQ-------------------------^--^-------------------- DOLLARS
<br />loaned ttr said mortgagor by Thr Equitable building and Loan Association oC (;rand tsiard, Nebraska, Mortgagee, upon 45D shares of sold! of
<br />said ASSOCIATION, Certificate No. L 23,(56 , do hereby grant, conv-:y and mortgage unto the said ASSCD('IATION the following
<br />described real estate, situated in !Fall County, Nebraska:
<br />PART OF BLOCK TWO (2) OF KOEHLER SUBDIVISION OF A PART OF THE SOUTHEAST QUP.RTER OF THE
<br />SOUTHWEST QUARTER (SEgSW~-,) OF SECTION FIFTEEN {15) IN TOWNSHIP ELEVEN (11) NORTH, RF4yGE
<br />NINE (9), WEST OF THE SIXTH P.M., HALL COUNTY, NEBRASKA, AND A PART OF LOT FOURTEEN (14)
<br />OF THE COUNTY SUBDIVISION OF THE WEST HALF OF THE SOUTHWE$T QUARTER (iv1zSW'-a) OF SECTION
<br />FIFTEEN (15) IN TOWNSHIP ELEVEN (11} NORTH, RANGE NINE (9) WEST OF THE SIXTH P.M., HALL
<br />COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: COMMENCING AT THE
<br />SOUTHWEST CORNER OF SAID BLOCK TWO (2), RUNNING THENCE NORTH ALONG AND UPON THE WEST
<br />BOUNDARY LINE OF SAID BLOCK TWO (2), FOR A DISTANCE OF 114.3 FEET, RUNNING THENCE EAST
<br />PARALLEL tJITH THE NORTH BOUNDARY LINE OF SAID BLOCK FOR A DISTANCE OF ONE HUNDRED SIXTY
<br />(160) FEET RUNNING THENCE SOUTH PARALLEL WITH THE WEST BOUNDARY LINE OF SAID BLOCK FOR
<br />A DISTANCE OF 39.9 FEET TO THE NORTHERLY BOUNDARY LINE OF THE BELT LINE OF THE CHICAGO,
<br />BURLINGTON & QUINCY RAILROAD COMPANY, RUNNING THENCE IN A SOUTHWESTERLY DIRECTION ALONG
<br />AND UPON THE NORTHERLY BOUNDARY LINE OF SAID 6ELT LINE FOR A DISTANCE OF 175.3 FEET TO
<br />THE PLACE OF BEGINNING.
<br />tt)gethrr with ail the tenements, hereditaments and appurtrnamrs thereunto heiunging, including attached flour coverings, all window screens,
<br />window shames, Minds, storm windows, awnings, )rearing, air arndtturniag,and plumbing and water equipment and accesa,ries thercto,pumps,stoves,
<br />rei'rigntators, and other itxfures and equipment now ru herraftrr sgactied to ar icsed m 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 ~anm assessments levied car
<br />assessed upon said premises and upon this mortgage and the bond xcurcd thetcbv before the same shall become delinquent; to furnish approved
<br />insurance upon ihu buildings on said premises situated in !fir sum of 3 45,DOD.OD payable to seed ASSt:X'IATION and to deliver to said
<br />,rhtS,C()(°lpTION the policies for said tnsurance; and not to commit or permit any waste on or about said premises:
<br />In case of default in the pert:umanal of any of the terms and conditions of this mortgage car [he bond secured hereby, the rtturtgagee stroll,
<br />can demand, be entitled to immediate possession cat the mortgaged premia-s and the rrrortgaeur hereby as<rgns, transfers and sets over to fire
<br />mortgagee all the rents, revenues and income to br derived from [he nwrtgagrd premises during such carne as the mortgage utdebtedness sttaB remain
<br />unpaid; and the mcutgagrt shall have the peewee to appoint any agent or agents it n)ay desire for the purpose of repairing aatd premises and rcntirtg
<br />the same and enltecting the lines, revenues and inaxne, and it may pay out of said income all expenses of repairing said premises and nrcesswy
<br />cumntissions anm cxpcnsts incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied !award the discharge. of swim mungage indebtednev; [here nghts of the mortgagee may be exercia'ed at any tints during the existenct uC such
<br />default, irrrsptctivr of eery temputary waio~er of the. saint.
<br />7'ttssr f'rr nts, hr i-ra s. err lv .h C`r-rdri toi), 3'hai r( ill:. soli! A~artgaE r snali repa}• ;old ts)an on or !afore the maturity of saic: shares by
<br />paynrenY; pay monthly to sold A~StD('IATt(DN of the sum specified m the Bond ,.=cured hereby as interest ar)d principal can said loan, can or befntr
<br />thr'fwewuieth day of each and ever) nxmrfr, caned said bran is fully paui; pay all taxes and asxssrncnts levied against said prrraises and can this Mortgage
<br />and fhr' !kind se cared thatrhv ref deb tgu t v turtush apErr ru [ t m n c upon h hudd)•_e,E th -eu) lr [he suer of $ $5,000_ 00 payaDt:
<br />t~_~r_:v's,:Yi.r,ar1,...,`=.r ta~.,.iCl.vl..r's
<br />e . ~.~r (]T} :ipe.n ~Cl..:.r.J ,... rnJni} ~ r ~. pald r.l.:..t:i, .axe.,, aisrsim@nt5 anil iiiSUiaTi a with mtr7eYt at
<br />the nraxrrnu[n iegui raic thn,•reon from .i.ur of paynxnt ail oCwhich Mortgagor hereby agrees to p:ry;permrt uu waste on said prttn~s;keap andcvmply
<br />with all the ugrecnx°nts and rumliGons rtf fhr $und tut 5 ¢~aQQ~ QQ this dap nrveu h_y the grid fir r ~a rr to std ASSLDCIATlf1N- and omntti
<br />with all the rtquin:rtxnts u! tilt t'o:[stitutiun and Ily-Laws cat saiti A)St3i'IA770:L, Ilan these prestnts shah became nuB acid vend, othcrwrx they
<br />shall cenuiu in Bill fiucr .end [nap he tiuri lr~a:m at fhr crptwn of tftr said ASSOCIATION after !adore flu kttrrr months to make auy cat uitt
<br />payrttents car ter three months iu arrrau m making sa[d mon[hiy naynrents, or to keep and comply with the agrre'ments an.l conditions of said Bond,
<br />and Mortgagor agues to baud a n•a.•ivrr ap;hrimed lurthwnh iu sorb i'nrrdr~surr pnrcredings.
<br />II their a any change in ownership of the real estate martgage.d herein, by sale or othrrwtsr, then the snore renrainmg mdebtedntss htetby
<br />secured shall, at the nptirm of The I~yuitahlr lluddtng anJ Loran Assueiaticn of (;[and island, Nrhraska, became inunrmiatrly due and poyahk without
<br />further notice, and the anumnl rernamwg ilu+: under said bond, and any other boor! tier env additional advances made thtrcunder, shall, from the
<br />date of exerrFs<• of said option, bee[ interest u: fhr inaxinuim legal rate, and ilus mortgage nwy then ix foreclosed to satisfy ihr amount due on said
<br />hontl,and any eHhor txmd f~r~ aaFilttional ailvance>, togrihtr with all sums paid h}' card The i~.qunabir Building and Loran Asscx.aatton ofl:rand Island,
<br />Nehratika fur ins[nancc, taxes :end asseer~mrnts.;urd abstear4ng exrenyn^ charges, with interest thrteun, from dale of payntrnt at ihr a~uum
<br />legal [air.
<br />As provided m the Brvd u•cunc3 hereby, whdr this mortgage rcnrams m cEk~ct the aurrtgagrc' may hrrca$rr advance addtnunal sums to the
<br />makriv of said Bond, then .nsignl; r xr -awns m it toes! which sums shnli hr swthhr the urcunty of dos mortgage the same as the fundsongmally
<br />srettred ilrrrrbv, the iota) atnerutx . t ir,rrtcqutl „afit r,.rt Ire t xcr'rd cat any tin)! Chc rn iginal amrtnnt rrt this mortgagr_
<br />17atraF thi,QS"G~ ~ 41tt day art DPCefllber '~ ,S. r)- lc> ]~
<br />tcokt~rt ~ oak.~r - i'jyra L Behnke
<br />Marys L.~~a~er " Charlene A. Hehnke -
<br />STATIi OF NE(RASKA,
<br />ss. (hl this 14th day err December IaD79 , treforc rttr,
<br />COL1N1"Y f)P IFALI
<br />the undersigned, a Notan~ puhiic to and lur said County, persrmxlty came
<br />Robert J. Baker and Mary L. Baker, husband and wife AND _
<br />Uerald L. Hehnke and Charlene A. Hehnke, husband and wife, wt'° are persu°allyk°ownto
<br />mr to he the identianl persim S whust nanic5 die affixed [o the above imtr~nient as rurirtgagur S and IhEy severally
<br />acknowledged the said instrument to be their voluntary act and dee+;.
<br />WFTN1iSS my band and Notarial Sral the date aforesaid. .~
<br />My Cormrt asi u: t xprr -~'? ~~ ,'' !'
<br />i ~ 0.6 ~ ~ ., .-s_ _ t ar ~ uhLic
<br />ILL7FF"LM HI / ~``
<br />~ A, ,
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