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<br />$1-~~'`~~`~'
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 23 , 424
<br />ItI~70iY ALL MEN BY THESE PRESENTS: That Delbert D. Theasmeyer and Lois A. Theasnteyer, husband and
<br />wife; Gary F. Voecks and Judi A. Voecks, htasband and wife; and Michael L. Neubert and
<br />Brenda iveubert, husband and wife;
<br />Mortp.~w, whether aae or tttwe, in ~eation of the amn of
<br />S~enty-eir~ht Thousand and No/100--~------------ ------ ---°DOLLARS
<br />boned to said mortgagor by Tice Equitable Buildvtg and loan Association of Grand Ishtrtd, Nebrasin, Mortgtgee, upon ?$Q spates of stadt of
<br />said ASSOCIATION, Certifiate No. L 23, 924 , do hereby gent, convey and mortgtge ttato ttce aid ASSOCIATION the fo)lowiog
<br />described real estate, si?uated in Hall County, Nebraska:
<br />LOT OIVE (1) IN T V N SUBDIVISION itr7 THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NLBRASICA.
<br />together with all the tenemenu, hereditaments and appurtenances thereunto belonging, including attached Hoar coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air cronditioning, and plumbing and water egttiptnent and acceswries [hereto, putttps,s[oves,
<br />rcfrigentars, and other fixttues and equipmrnt now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shah and will pay all [axes and asar:~nents levied or
<br />assessed upon said prerttises and upon this mortgage and the bond secured thereby More the same shag become delinquent; to furttiah approved
<br />insurance upon [he buddinys on said premises situated in the awn of S 7$, 000.00 payable to aid ASSOCIATION and to deliver to said
<br />ASSOCIATION ttce policies for said insurance: and not to commit or permit any waste on or about said premises;
<br />in case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shalt,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />.^.Y..`.^.6p6..., alt ' - - - -' run and inwrfi2 is be ddr~`cd frGm the ZurtKagcu' pretnis'cs dtu irrg strCtt iimC as the mortgage inaebtedrleas sbali remain
<br />tmpaid; and the mortgagee shalt have the paver to appoint any agent or agents it may desire for the purpose of repairing said premises and rrntitrg
<br />the satin and collecting the rents, revenues and ~~come, and it may p=.y out of said income all expenses of repairing said premises and necemtt9
<br />cotrunissions and expenses incurred in renting and managing the same and at collecting rental, therefrom; the balance rtvuiarog, if ury, to 6e
<br />applied toward the discharge u! :aid mortgage indebtedness; these rights of the rnortgegee may be exercised at any time daring the exirience of stteh
<br />default, irrespective of any temporary waiver of the same. _
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shalt repay said loan on or before the mattttity of said shares by
<br />peytrent; pay monthly [o said ASSOCIATION of the win specified in the Bond secured hereb, as interest and principal on said loan, on or before
<br />the Twrntieth day of eacfi and every month, until said loan is fully paid; pay aU taxes and assessments levied against said premises and on this Mortgage
<br />attd [he Bond secured thereby, before delvrquency: furnish approved insurance upon [he buildings thereon in the sum of S']$, 000.00 payable
<br />to said ASSOCIATICN: repay to said ASSOCIATION upon demand all money by it paid for such taxes, asse~rtents and inwrattce with interest at
<br />fire martimum ~ rate thereon from dale of payment all of which Mortgagor hereby agree; to pay; permit no waste on said premises;keep and corttply
<br />with all the agreements and conditions of the Bond far 3 7$~ 000.00 this day given by the said Mortgagor to said ASSOCIATION, and compty
<br />with all the requventenis of t;te Constitution soil By-taws of said AJ'SOl°fAT70N; then these presents shall bemme null and void, otherwise they
<br />stub remain b fu6 force and may ire foreclosed at the option oC the said ASSOCIATION after failure (or three months to make :.ty of said
<br />payments or be three months in arrears in makirtg said monthly payments, or to keep and wmply with the agrcerxnts and mnditioos of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith 'tn such foreclosure proceedings.
<br />If there is any change b ownership oC [rte real estate mortgaged herein, by sale or otherwise, then the entire remairtirtg indebtedrtesa hereby
<br />sectued stud, at [he option of 1'he Equitable Building and Loan Association of Gnnd Island, Nebraska,become immediately dtce~ and payable without
<br />furttcer notice, and the amount retnainvtg due under said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to a[isfy ttx amount due on saM
<br />ltond,artd any other bond for additional advances, together with all stuns paid by said The Equitable Builtiing and Loan Association of Crand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date oC payment at the rttatcimum
<br />legal nte.
<br />As provided in the Bond secured hereby, white this mortgage removes b effect the mortgagee may hereafter advance additional soma Yo [ha
<br />makers of said Bond, their assigns or successors in interest, which sums shall be within, the security of This mortgage the same as the funds originally
<br />secured thereby, [he total amount of principal debt not to exceed at any time the original amount of this rarrtgage.
<br />the undersigned, a Notary Public in and for aid County, pdaottally catoe
<br />Delbert D. 1`heastteyer affil Lois A. Theasttreyer, his wife; Gary F. V ks and Judi A. Voecks,
<br />his wife; and Michael L. Netabert and Brenda Zdeubert, his wi€~, ~ . are pCf°"'~yk°°.mt°
<br />me tp be tfce identical person S whose name S dre affixed to the above irrsttaaiient as mortgagor S and t.~ey seranBy
<br />adcrrowkdged the said instrument to be their voluntary act and dud. ~ ,
<br />WITNESS mY hand out Nutuia! Seal the date a!'oresaid. _,,.~
<br />1"
<br />M Ctrtmnission e _ ._- ~. ~.~ f ~ ~ _
<br />utrar o ~ .,, Wuta~yPuDlic
<br />STATE OF NEBRASKA, ~ ss. On this 24th da of
<br />Cl'N7N"fY OF HALL Y Apri 1 19 $ I .before toe,
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