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<br />MORTGAGE
<br />MORTGAGE LOAN NO. Z3, 756
<br />KNOA'AhI MEN BY THESE PRESENTS: That Bruce L. Christenson and Deborah A. Christenson, each
<br />in his and her own right, and as spouse of each other
<br />Mortgagor, whether one or rttore, in consideration o£ the aw of
<br />Thirty-eight Thousand and No/100-------------------------------------------------- DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Lunn Association o£ Crand Island, Nebraska, Murtgagx, upon 38D shares of stack a£
<br />said ASSOCIATION, Certificate No. L 23, 756 , do hereby grant, convey and nmrty~ge unto the said ASSOCIATION the £olbwing
<br />desuibed real estate, situaud in Hall County, Nebraska:
<br />LOT FIFTEEN (75), IN MEADOW LANE SUBDIVISION, IN
<br />HALL COUNTY, NEBRASKA.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor wvetings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accesseties thereto, pumps, stouts,
<br />refrigerators, and other factures and equipment now or hereafter attached to ur used in wnnec[ion with said real estate.
<br />And whereaz the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and the band secured [hereby before the same shag become delinquent; to fwnish approved
<br />insurance upon the building. on :aid premises situatedin the sum of S 3B , DDD. DD payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and nut to commit or permit any waste on or about said promises:
<br />In case u( default in the perCunrmnce nC any of the terms and conditions of this mortgage ur ttte bond securel hereby, the nmrtgagce shag,
<br />nn demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />murt¢-pgee all the rents, revenues and income Io bt deri,rJ Crum the mortgaged premises during such tiros as the mortgage mdtbtedntss shall rtrnain
<br />unpaid; and the mortgagee shall have the power to appoint any agars or agents it may desire (w the purpose of repairing said premises and renting
<br />the same and collecting the rents, revenues and income, and it nay pay ow of said income all ezpcnxs of repairing s'ia RremJ.tt'a and nxessary
<br />commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; [ha balance remaining, it any, to be
<br />atmlied toward the discharge of said nwrtgage indebtedness; these rights ul tht rnurigagee stay be ex^_scised at any ti:t~ during t.M_ exislen::, of such
<br />dcrault, irrespective oC any temporary waiver of the saint.
<br />These Presents, however, are upon the Condition, That d the said Mortgaywr stall repay said loan on or before the nmturity of svd shares by
<br />payment; pay monthly to s.id ASSOCIATION ul the sum specified in the Rond secured hereby as interest and principal on said loan, un or before
<br />the Twentieth day oC each and tvery rranih, until said loan is fully paid; pay all taxes and assessments levied against slid premises anJ on this Mortgage
<br />and the Bond secured thereby, before delinquency; f uneish approved insurance upon [he buildings thereon m the sum of S 3B, ODD. DD payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid (or such taxes, assessments and insurance with interest at
<br />the maximum legal rate thereon from date of paymem all of which Mortgagor hereby agrees to pay: pemdt no waste on sod premises; keep and comply
<br />wish all the agreements and conditions of the Rund (or 5 3$,DDD. DD(his day given by the card Moctgagor m said ASSOCIATION, and comply
<br />with all the requirements o(the Constitution and Ry-Laws of said ASSI)CIA't10N; then these presents shall become null and void, otherwise they
<br />shall remain in (all force and rtwy be foreclosed at the option of the said A_SSOCIAT'ION after failure for three months to make any of said
<br />paytnenls ur be three months or arrears in making said monthly payments, ur w keep xnd comply with the agrcerncnts and conditions of said Rond;
<br />and Mortgagor agrces to have a receiver arpuinted forthwith in such forecluswe proceedings.
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, thin [he enli:e remaining indebtedness hereby
<br />ser:ured shag, al the option uF The Equitable Building and Luan Association of Grand Island, Nebraska, herwrrte immediately due and payable without
<br />(wthnr notice, and the amount remaining duo under said hand, and any other bond fur any additional advances made thereunder, shag, from the
<br />date of exercise u( said option, bear interest a! the maximum legal rate, and this mortgage nay then he foreclosed [o satisfy the amount due on said
<br />bond, and any other bond for additional advances, together with all awns paid by sail 'f he F.quitablt Building and Luan Assucia[ian ui Grand Island,
<br />Nebraska for insurance, taxes and assessments, ttnd abstracting extension chargev, with interest thertun, from date or payment at the maximum
<br />legal cafe.
<br />As provided in the Rond secured hertby, while this mortgage remains in tffee the nwrtgagee may hereafter advance additional sums to the
<br />rnakerx of said Bund, their assigns or mrecessurs in interest, which sums shall be within the secwity u( [Isis mortgage the same as [he funds originally
<br />xcured thereby, the total am~u~nt[ol priucipe{ debt nu~t't"o~e"x~a" _ed.,,att any time the original amount o(this mortgage.
<br />j Dated this /G~ daS' or ~,~j;,gq//tir~va A. o.. 19d0
<br />-Br`uc~Pnsn~/ `-----C-/ -
<br />Deborah A. Christensen
<br />STATE OF NEBRASKA, ~ ss On this /
<br />COUNTY OF HALL J ` day of 19~ , before me,
<br />the undersigned, a Notary YubRc in and for said Cuwtty, persona0y wine
<br />Bruce L. Christenson and Deborah A. Christenson, each in his and her own right, and as
<br />spouse of each other wl'° are perwnauy knawnw
<br />me to be the idtolial person S whose names are affixed ar the above instrument as mortgagor S and they severally
<br />adrnowledged the said inatrument to be their voluntary act and dced.
<br />WITNESS my hand and Notarial Seal the date aforesaid.
<br />My Comrnicskan expo ~~
<br />I CMOTAPY-btaN llK ___. __ ____._._._.
<br />laratb at 8EV TAN6EMAM Noia~y Publc..._
<br />_ M Coaas Esfr. Rw.=i tN/T --
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