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81- 00~0~~~
<br />MORTGAGE _
<br />MORTGAGE LOAN NO. L 23.926
<br />Iaroty ALL MEIV BY TNESe pRESEi'rrs: TMi Delbert D. Theasmeyer and Lois Ae Theasmeyer, husband and
<br />wife; Lazy F. Voecks and Judi A. Voecks, husband and wife; and Michael L. Neubert and
<br />Brenda Neubert, husband and wife;
<br />Mortgagor, whether one or more, in mrtaidttatkra d the ~ ~
<br />Seventy-eigpLtThnasand and No/ 100-------------°- _ ---' ppiyARs
<br />tossed to aid tnoRgt6or by The Fquitahk Bttilditsg sail Loan Association of Grand Iceland, Nebnrlra, Morigagx, upon 7$~ f6aret d rtadt of
<br />aid ASSOCIATION, Certifin[e No. L 23,926 , do hereby gent, convey and rnoetgage ttmo the Srad ASSOCIATION the foBosrL~
<br />dsa~Rted real estate, sitrnted in ball County, Nebraska:
<br />IpP THF2EE (3) IN T V N SUBDIVISION IN THE CITY
<br />OF GttP,t~ID ISLAND, iiRI,L COUNTY, BTr~RASfCA.
<br />ttlBeilter with cell the letremrnts, hcrcdiuments and appurtenances thereunto bebnging, including at[ar~ed [toot ooveriugs, cell window xaeeos,
<br />srrirtdow atrades, blinds, storm wurdovrs, avrnmgs, heateng, air rnnditionirrg, and plumbing and water equipment and attesaories thercto,putnps, shoves,
<br />rcfrigeratots, and other fixtures and equipment now or hereafter attached to nr used in wnnectinn with raid real estate.
<br />And whereas the aid rrrortgagrx has agreed and does hereby agree that the mortgagor shall and wiB pay all taxes and aaessments levied or
<br />asvesrd upon ssid premises and upon this mortgage and the hood secured therehy t'rtoro the same shall become delinquent; to furnish approved
<br />insurance upon the buitdrtrgs vn sad premrses srtwted m the sum of S 7g OOO.OO payahk to ssd ASSOCIATION and to delivee to said
<br />ASSOCIATION the policies ksr ssd itrsurareee; and Hai to commit or permit any waste on or about ssd premises;
<br />In ~ of default in the performance of soy of the terms and comiihons of this mortgage or the bond secured hereby, the rttoAgagx shall,
<br />on deroaad, be eotitkd w immedute poarnion of the mnrtg,~d premrses aril the mortgagor hereby assigns, transfers aril arts over to the
<br />rnorv_agee cell the rents, rererera-s a>kt in <rme ta. he derived from tt!4 ttrrrt~o=d nrermses donne .pi.~ tirr~ as the murta_Px indehteAness shall
<br />rmpaid: and the mortgagee strati lase the power in appoint any agent ar agents it map desire for lire purpor of repsiritge said premises aril ren[tug
<br />thr same and oolkctirrg the rents, rerrnacs and ircorne, and it may pay nut of ssid inarrrre ail expenses nC repairing said premises and neaaa[y
<br />ooatmiaiarn aced expanse vnwred m rentc$ .ad tt+anapjng the amt aced of rptkcting rentals thtrcfmm; the: balance rcttninQrtg, iC .ny, to be
<br />toward the discharge of card rnortprgc udebtcdrress: [hex rrghts of the mortgagee may be exercised at any titm during the existetux of such
<br />de anlt, irzespectne of any tempvruy warner of the same.
<br />Tfxae presents, however, arc upon the Condauxn, 7'ha[ d the sari Mortgagor shall repay said loan on rn before the trmtwity of said sitaro by
<br />payment; pay monthly to card ASSOL'1AT10N of the sum speafied m the Bnnd secured hereby as interest and priracipal on aid loan, ao or before
<br />thr Twentieth day of each and every month, until card loan u full} pard, pay ail rues and asessments levkd against said prcrnises aril on this Mortgase
<br />aril the Bond ecnred thereby. befr_ae detsquertcy, 'run~tr moved rtrsw:.rrts :gran tlx ... ~r's.r!'Siagt ttxswr, in itx sum of T ]$, OOO.OO paYahk
<br />to sod ASSOCIATION: repay to said ASSOCIATION upon deaund alt rrummey by a pod for such taxes, assessaen[s aril iasutartoe with interest at
<br />the tmximum legal rate thereon from date of payment all of whrch A/artgagrx hereby agrees to pay; permit air waste oo said premises;}osp andmnRty
<br />with all the agreetttettts and autdttitrns oC the &>nd itx T 7~, OOO OO thrs day green by the said Mortgagor to aid ASSOCIATION, and txtsapiy
<br />with all the requuemenrs of the Constitution arrd Qty-Laws u sad ASSOCIATION; then these presents shalt become null aced void, otlteevriae they
<br />atoll remain in full force and may 6e iorecived at the optroa of the aid ASSOCtAT10N after failure for tlaa tttooths to [Hake any of said
<br />paymrnts or bi three mrmths m arrests rn making sad monthly payment:, ur to keep sad rxrmpiy with Cite agteesro~ts ata coadi[ionf of laid ikrad;
<br />sail Mortgagor agrees tv have a retxivcr appointed Fr+rthwith m such (orec!<rsurr prooeedugs.
<br />If there u any dnnge m nvmetship of the real estate rnurtgagesl herein, by tale or otherwise, thin the entire rettaiairtg iadebtedoas bettehy
<br />shall, at the opt~n of The Equitable Building and Loan A,ssacistan of C,rattd Irlurd, Nebradta, become itely tltm sail payable withott
<br />farther turtice, and the atrrstmt remaining due order ssd bond. std any other bored Car my sddttiastat advaneaa atade thsetmder;>~. fiat[[ the
<br />date of exercise of said option, beat interest at the maxirrrum Iegs1 rate, aril this rttortgage rosy then be Cotedased to ntid'y that siaoa~ dace as said
<br />bond. aril ~y other bored (or additional advances. tagcther with >U sums paid by said The Egaitabk &:dd'ag sad Lana Attoci~mofGsud Islud._
<br />Nebraska for irrsttrarrw, toes aril assessnrenis, aril abstracting extension drarges, with interest thereon, 6om date of payment aE the- maaiettua
<br />~ rate.
<br />As prrrvided irr the Bond secured hereby, while this mortgage remains in effect the trturtgagee may itereafier adgntx additiaaal coat to the
<br />makers of acid Brand, their assigns or successors in interest, which sterns shalt be within tl~ security of thit tnortpge the acne as the fmdt origioaHy
<br />y os d tttare-by, the tots! attoatt[ of principal drbt not tc excud at any time the original aettount of tltis tttortgsgp.
<br />/ 1~ /_ L ~t
<br />~~~ / Ua~' daynf RDDl.l _i ,~-D.,19S1 /a+~~In i'%
<br />STATE OF NE$itA.SKA, ~ ~ On thh 24th day of
<br />COLJMTI' OF IiA1L April 1481 :~.
<br />the rudersigrred, a Notary taublic its and fce sold Couaty, p
<br />Delbez~ D. Tfileasattteyti and Lois R. L`Y>eastfleyer, his wife; Gary F. _Vicecks alai Judi A,
<br />his wife; alxi lKichae2 L. Neubert anti t3rertda Neubert, his wife; who are p~~~ --
<br />race to be the idenfiwl person S whose name S aftlxad to the above inatrwtxnt as tavrt~agor g and t11P,Y~Y - -
<br />adutowisttasd the said Nbarupitatt tv lie their vninntary act aril deed,
<br />1V1TNt1=S5 my hard and Notarnt Scat the date aforesaid
<br />My C<,ntmtw:a atpres ~i •= ~ _
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<br />tasaas su }
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