|
_ __
<br />OPElJ END MORTGAGE
<br />DELBERT D. THEASMEYER AND LOTS A. THEASMEYER, husband -and wife O_ {'lftS II ? R
<br />AND MICHAEL L NEUBERT AND BRENDA J N "BERT hind and 'f herein called the
<br />6ortgagor whether one or more, in consideration of TWO HUNDRED TEN THOUSAND AND NO/100-
<br />-'-'`------°°°-'-°-------------------------------Dollars loaned to =_aid Wtartgagar, does mortgage
<br />to yOME FEDERAL SAVlidG5 AtdD LOAN ASSOCIATIGN, its successors ar,d assigns, the following
<br />aescrihed real estate in HALL County, Nebrasi<a:
<br />A PART OF THE SOUTHEAST QUARTER tSEµ OF SECTION ONE (I) IfJ TOWNSHIP ELEVEN (II) PJORTH,
<br />RANGE TEN i10) WEST OF THE SIXTH P.M. DESCRIBED AS FOLLOWS, TO t41T: COMMENCING AT A POINT
<br />AT THE SOUTHEAST CORNER OF SECTION ONE (IJ IN TOWNSHIP ELEVEN (II) NORTH, RANGE TEN (10)
<br />WEST OF THE SIXTH P.M., RUNNING NORTH ONE HUNDRED SIXTY FIVE (165) FEET PARALLEL TO THE
<br />CENTER OF THE ROAD ALONG THE EAST SECTION LINE: THENCE RUNNIPIG IN A LVESTERLY DIRECTION
<br />TWO HUNDRED SIXTY-FOUR (264) FEET, PARALLEL TO THE CENTER OF THE ROAD, RUNNING ALONG THE
<br />SOUTH SIDE OF SAID SECTION; THENCE SOUTH ONE HUNDRED SIXTY-FIVE (165) FEET TO THE CENTER
<br />OF THE ROAD ALONG THE SOl1TH SIDE OF SAID SECTION: THECE EAST TWO HUNDRED SIXTY-FOUR
<br />(264) FEET TO THE PLACE OF BEGINNING.
<br />and all easements and appurtenances together with all buildings, improvements, fixtures
<br />or appurtenances now or hereafter erected ±hereen, inc!udind al! aratus ecuipment,
<br />f!>Situras ar articles, whether in single units or centrally canTrolied, used to supply
<br />(heat, gas, air-conditioninc, water, light, power, refrigeration, ventilation ar other
<br />5e,nyices, and any other thing now or hereafter therein ar thereon, the furnishing of
<br />which by lessors to lessees for an unfurnished tauilding similar to fire a•ne new or here-
<br />ar't,er on said premises is customary or appropriate, inclutling, rut net limited to, screens,
<br />wingdtaw shady=_, storm doors and windows, carpeting and other flGr;r cover'inas, sr_reen door's,
<br />awn^ing.~ built-in dishwashers, staves, refrigerators, and water floaters and all renewals
<br />dr replacements thereof (all of which are intended to to and are hereby declared to be a
<br />part of said real estate whether physically attached thereto ar nat.) The Association
<br />is hereby subrogated to the rights of all mortgagees, lianholders and o{vners paid oft by
<br />the proceeds of the loan hereby secured.
<br />TC HAVE AJD TO HOLD the said property, with said buildings, improvements, fixtures,
<br />appurtenances, apparatus and ec,uipment, ur•to said Association, its successors and assigns,
<br />forever.
<br />,'-rartgagor ar eby tcrenants w i #h said sso~. i r: t ic,•n, , is successor; and ...,signs, fihat
<br />, ..~~a .. a:n
<br />fMor'tgagcr i5 lawful', seize; ., said pr~,niszs, th:;t ., ~y ~7r<~ fr~N ~.}f ._.cumbrancES and
<br />t"hat f•9c;rtgagor wi I I forever warrant and da~ferid °hnr~ title t•a said pr'ernisc:s ac~ain~st the
<br />fa'w~Ful claims of all pdi~rsaris whomsoever.
<br />'i4;';S .xJr..'~A~,E r5 t^,i:`t. Tr'? ,>=i~~~Fi'. r-. iui~ro ~l~yrr.drnr "~tc,,tu -e.eut_.; Wy .. i9aCOr'
<br />.. r f: SSCy: 3'< hey..: _. .._- .. .. .. .-s; !.i ... "~ri -,~ _~ c.:. tic.; ;.. '; i';~.o ,'iu v+.'r
<br />~rvl+i.:,rl Pdcte,-ori••c.,pa :.rnu~ inter'es ~s ia~m•af ll:a 'ir. ri~°aii~rl~,i ia,'-~->rts ~r_ rdiq,r~, •rr, ;rs
<br />te~rarnr~, wuth a final ma#,~riTy, unless sparoer int;ic'u car ~if,e I<s'f aay ,F 1Vrwen~rL~ar
<br />c0O4~ . The holder hereof :;coal i h e fht up; ~,,,, r , y_~.a ~ tf c n~aiur i h~ ~i the -ore
<br />for Hnich this mortgage is given as security, at an,~rir•:e ,:rter ,, IOth ;oar,
<br />year after first gluing the undersigned or the tnen rJ~,vner et me prer~iszs deserired herein
<br />a w r tten notice three months irr advance :. its interrt to do sc.. An: prepayment of
<br />principal made~try virtue of the exzrcisa of this o;tior_ snail oe witn+,ut ;;repaymenr
<br />premium. (<) Any additional advances made by the ,nssociari~,n t. t.to r.c,,agor, nr 'Apr'-oa^yor"s
<br />successors in title, for any purpose, at the option cf the Assciaiion, at any time before
<br />fire release and cance!!atian of this "-~rigar;e~, our at -;:~ rimo she+i fr:is h:,ortgago. secure
<br />:..
<br />advances on account of said original note and t.u~, addirianal aavances in a sum iu excess
<br />otTWO HUNDRED TEN THOUSAND AND NOLI00_________________________irollars; provided filet nothing
<br />nzrein contained shat I be considered as I irnltinq ~(Iha~UrrK)unt tnat shat I ba secured hereby
<br />wl'oen advanced t'o protect the seGUrity or in Afceordaarice wi*h covenants contained in this
<br />?~riyage.
<br />Provided, nevertheless, theca presents au'~; up+>n rho following conditions; that whereas,
<br />tirB said t•~rtgagor is a memGer of said Association, has exr>•outed a note irr wrir'ing to ,aid
<br />Association to repay sum of rrx~ney, wi#h interest, in payments as set forth in said
<br />iJOte, and 'any and all additional advances, with interz;t, .rnd hati agreed to abide by the
<br />i~onstltutian and By-Laws of said Association, and rules t9nri requlatians adr~ptad by its
<br />rtoard of Ulrec:tars; and agre>~ed and do hereby agree:
<br />(. To pay the indebtedness hereby secured promptly and in full cornpiianca with the
<br />terttrs of the aforesaid Promissory .-Dote a:;d any other notes or agreements €or additional
<br />advanoas a5 provided herein and of this "Mortgage and further agree:: -"hat at the sole op~Yion
<br />of Mar#:Jagee the tinx of payment of the indebtedness hereby secure. it any p~;;ficn ?he're-
<br />of, may Ge extended or renewed, ~.r~d an-~~ portion ar :-i7:,~ premises herein de.s<.ribed may,
<br />witf7ouf na'fice, be released irom~the lien hereof without reieasiny ar affec?in the personal
<br />liaGility of the Mortgagor herein {or ti;e payment of snid ir:debtedness then ri~n..iininq
<br />u7rpaid, and not change irr fhe ownership of said prrmises shall release, red!.•r::e c. ~tno ro-iise
<br />affect any such personal lia4ili*y or tnu lien. Y~are_by created.
<br />~. Undersi nod reserves the right to prepay this not? in wt,,~. -
<br />g _I car in tar' cn ..
<br />+ny
<br />ir;sta! lmerrt pa'{ment d8te prior to _ _5_ -Ykars irom the dale hc~r'eef cy ', e:: t;<?yre~?ni ~"r al I
<br />=:ecrued Ira~erest #o 'tt;e date cif such prepayment trgethe>r with a ,:repayr~„~,;r~=ee E'-q~ai in
<br />s. ~, .~ a.. ~.w ..It~r Sf i Fhb q.:.~M~ -~ i;C2r.a .1, a~,u i- r~i Cp ri ,. 'c'( ... , fi. `hE•e.
<br />,vii re ;u; prr;p;;yme;'t tee. 4-ihz prcxpa•. ,~,.. fee -., _~.:r~;,_J .•7' [ ... _. ,~ .~,. ,.,
<br />
|