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<br />MORTGAGE
<br />MORTGAGE t.OAN NO. ]'. 2"2,RRb
<br />KNOW ALL MEN BY THESE PRESENTS: that pprtald E. Kdelln II, a Sirtgle pexson, and Charles R.
<br />twinkler and Doris L. Winkler, each in his and her own right and as spouse of each other,
<br />Mortgagor. whetter one or tttorc, is coruidaratioa of the w¢ of
<br />~+.renr~r-Etna Thcx>canrl F tr nv3twi arvi 1<b~700 - ~~~
<br />kraned to said mortgagor by The Equitable Building and Luao Aaocution oC Grand Islaisd, Nebradn, Mortgagee, upon .224 sAarea ~ staff ~
<br />said ASSOCIATION, Certifiate No. L 23,886 , do hereby grant, c°nKY sad rttiartyge unto the sad ASSOCIATION the folbwatg
<br />dtnvibat reil estate, sitwted a Hall County, Nebradn:
<br />TI'IE ;VORTIt~32LY FIFTY-SbS71S7 (57) FF~T OF IfJP )"IVE (S), II,I BIOCSC SI1CrY~3d (16), IN THE fltxTr_Tntnr.
<br />2O4&q, D1065t CITY, OF (3t.»SID ISLAbID, I~BE2A.4CA
<br />together with all the tenements, hertditarnents and appurtenances thereunto belonging, including attached floor wverings, all window stzeens,
<br />window shades, blinds. storm windows, awnings, healing, air condi[ion;ng,and plumbing and water equipment and atCtatariea hereto, pumps, stoves,
<br />re(rgetaims, and other iix[ures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the aid nwngagor has agreed and does hereby agree that the mortgagor shall and will pay aU taxes and asseaveeats levied sit
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; t° ftimiilt approved
<br />insurance upon the bwildings on card premises sriuated w the sum of S 22,400.00 payable [e said ASSOCIATION and [o deBvtr [o said
<br />ASSOCIATION the ptdicies (or said insurance: and no[ to wmmit or pernut any wasce on or about said premises;
<br />{n r~ of default m [he penorrrsance oC any of the terms and conditions of tMs mortgage or the bond secured hereby, the nsorlgaget shall,
<br />on demand, be entitled t° immediate possession °( the mortgaged premises and the norgagor hereby assigns, transfers and gets over to the
<br />mortgages all thz rents, revenxs and townie to he derived tram [hs mortgaged premises during such time ax the mortgage indebtedness shag re¢udn
<br />unpaid; and the mmtgagrr shall have the power to appoint nay agent u: agents it nay desire Cor the purpose of repairing said promises sad re¢tirg
<br />the same and wtkcYing the rents, revenues end income, and it may pay uu[ of swd meanie all zxpenses of repairing said ptentiaes and necessary
<br />wmirtissiuns and expenses incurrod to renting and ituriaging the same and u( cullectiag rrnuts therefrom; the balance reirialning, if any, to he
<br />applied toward the dtscharge of :aid mortgage indebtedness; these rrglrts al the mortgagrc rruy be exercised ai any time diuierg he exsaroaa of stteh
<br />default, rrrespectroe of soy temporary waiver °f the same.
<br />These Presents, hnwevxr, are upon-the Condrrort, That ri the said Mortgagor shall repay said loan on or before the maturity °f swd shares by
<br />pavment; pay trx~nihly to said ASSt Y'IATION of the sum specified ir, the B+:;nd secured hereby as intamst and principal <m aid lraan, on °r before
<br />[he Twtniielh day of each and every nwnth, until said loan is frilly pwd; pay aCE taxes and assessments levied against said preririses and on this Mortgage
<br />oral [he Bond secured thereby, before delinquency: furnish approved insurance upon the buildings thereon m the sum of E 22, 400.00 payable
<br />to said ASSOCIATION: repay to card ASSOCIATION upon derrund all mane; by r[ paid for such taxes, assessments and irmurance with interest at
<br />the maximum itgal rate [hereon from date of payment all of which Mortgagor hereby agrees to pay; permit nu waste on said premises: keep and wmply
<br />with alt the agreernems and conditions of the BonJ for S 22 400.00 [his day given by [he said Mortgagor to sazd ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By-Laws of satd ASSOCIATION; then here presents shall became null and vwd, otherwise they
<br />shall remain m full fora and may be foreclosed at the option of he said ASSOCIATION after fadure for three months [o make any of said
<br />payments or be three months in arrears in making and monthly payments, ur !u keep and comply wuh the agreements and conditions o(swd Bond;
<br />and Mortgagor agrees to have a receiver xppointtd forthwith in such (orccloswe proceedings.
<br />If there is any change in ownership u(thz real estate rmortgaged herein, by sale ur otherwise, then the entne remaining indebtedness hereby
<br />secued shag, at the opton o! The Equitable Building and Loan Association of Grand Island, Nebraska, became btunedutely dot and payable wihow
<br />further notice, and the amount remaining due wider said bond, wed any other bond for any additional advances nude thereunder, shall, from [he
<br />date of exZrcisr of said opUOn, bear interest a[ the maximum legal rate, and [his mortgage may then be foreclosed to satisfy the amoum dui on said
<br />bond, and any other band for additional advances, together with all sums paid by said The Equitable Budding and Laan Aswcution of Grand Island,
<br />Nebraska (or insurance, taxes and assessments, and abstracting extenvon charges, wnh interest thereon, from dale of payment at the maximum
<br />legal rate.
<br />As provided in fhe Bond secured hereby, while the mortgage mnums in effect the mortgagee inay hereafter advanx addmonal sums [° the
<br />tinkers of said Bond, their assigttx or succesurrs in mterzst, which sums shall hr within the seeunry ref thu mortgage the same as the funds unginaBy
<br />encored [hereby, the total amount tit principal debt nut to exceed at any unit chi urtgina) amount of chts mortgage- -
<br />/~tes1)SFia / 19t~t;' .flee of .. December q. n , 19 80 x.
<br />~ __~~p,~ ~~~~ - _ ~ 1- .
<br />-Charles $. W per -- - t ~~ _
<br />L__.~_ jam,, ~ ~ Donald >;. I:a21in II
<br />rLS W~ er
<br />SPATE OF NBBRASIi.A, ~ ss. On this 14th day of pL,Cgn~r 19 3Q , before me,
<br />COUNTY OE HALL /
<br />[he undeisigncd, a Notary Pubbc in and fur and ('aunty, pervrnally ;sure
<br />ll01'lald E. Kaolin ZI, a single person, seal Charles R. :;inicler arlci Dow.~s L, t~7inkler E~ l~i~l
<br />his alai her CAVli right and as spouse of each other, ° ~~ petsohilly~tho n o
<br />t¢e to 6e the identical pcrwrg whose narng ,fie affixed to iht above Instrument as mortgagug and tj-.,Es~~ uvecally
<br />ardtnowkd d the aid rnsrru¢cent [u be their ~ _`
<br />gt voluntary act sad deed.
<br />WITNESS my hand and Notarial Seal th< date aforesaid.
<br />My Cummuyton spirts ~ _ i~ ~~~Y ~% - `
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<br />-----~--. f _ ~_ >_ _ _ _ _ - - - votary Pubhc
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