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MORTGAGE ~ ~ ! ~ U w ~ 6
<br />MORTGAGE LOAN NO. 123955
<br />IQdOW ALL MEN BY THESE PRESENTS: That Curtis N. Christensen and Linda M. Christensen, each in
<br />his and her own right and as spouse of each other,
<br />Mortgagor, whettres oro or more, in consideration of the sum of
<br />-- __ DOLLARS
<br />barred to said mortgagor 6y The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagce, trpon 120 sham of stock of
<br />aid ASSOCIATION, Certificate No. L 23955 . do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, silvered in ball County, Nebraska:
<br />Lot Fourteen (14) in West Heights Addition to the City of Grand Island, in Hall Cotutty,
<br />' Nebraska
<br />to~lher with all the tenements, hereditaments and appurtertances thereunto belonging, itcltuling attached floor coverhtgs, aQ window saeena,
<br />window shades, Sends, storm windows, awnings, heating, air wnditioning, and plumbing and water equiprrtent and accessories thereto, pampa, stoves,
<br />refri~rators, and other fixtures and equipment now or hereafter attached to ur used in connec4on with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree :hat the mortgagor shall and will pay all taxes and assessments levkd or
<br />asses~ed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent to ftrtnis6 approved
<br />vtstrrance upon the buildings on said premises sitw[edin tree sum of 1 12, 000.00 payabk to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the pohtaes For said insurance: and not to commit or permit arty waste on ur about said premises;
<br />in case of defaWt in the performance of any of the terms and ~rndihons of Ihts mortgage ar the bond secured hereby, the mortgagee shad,
<br />on demand, be entitled to immediate possession of the mortgaged premises end the mortgagor ftereby assigns, transfers sad sets over to [he
<br />mortgagee alt [he rents, revenues and inrxrme w be served f tom the trxutgaged prettvises dt:: utg such time as the mortgage indebtedness shall retmfn
<br />unpaid; and the mortgagee sball have the power to appoint any :.gent or agents it may devre for [be purpose of rapairirtg said pceatives and renting
<br />[be same and rxrtkcting the rents. revenues acrd inwme, and it rrny pay out of said in%~rne all expenses of repairveg said prtatiaes aid neceaacy
<br />wt~rissions and expenses incurred in renting end managing the same arni of :bit=cturg rentals therefrom; the balance remaining, if say, to ue
<br />applied toward the discharge of said rrusrigage indebtedness: these rrgttts of the mortgagee may be exercised at a,;y time during the existence of stteh
<br />default, irrespectire of any temporary waiver of the carne.
<br />These Presents, itowerer, are vpua the Conditimt, That d the sari Mortgagor stroll repay card Loan un ur before the maturity of said shares by
<br />payment; pay monthly to said ASJOC'1AT1ON of thz Brun specified rn the Band secured trereby vs interest and pzinrapa! un said loan, un or before
<br />the Twentieth day of each and every month, unlit card lwn rs frilly pard; pay all taxes acrd asszssnrems levied against said premises and on this Mortgage
<br />seed the Bond secured thereby, before delinyueng; ftunrsh approved insueence upon [he buildsrrgs [hereon in the sum ul S 12, 000.00 payabk
<br />to said ASSOCIATION: repay to said A.SSOC(ATtON upon demanl ;ell stoney by tt pain for such taxes, assessments and insurance with inierest at
<br />the naximum legal rate thereon from date of payment all of which Morigagur i~reby agrees ro pay; petrol[ nu waste unsaid premtses;keep and amply
<br />wish all the agreements and conditions of the Bund for S 12 000.00 floc day green by the said Muctgagur to said ASSOt:lAT1ON, and comply
<br />with all the requirements of thz Constitution and By-Laws o~ said ASSO(:fATION; then these presents shall become null and void, otherwise they
<br />shag rerttain in fuB forcz an3 may be foreelosztt at .rte option of thz said ASSOCIATION after failure for three months to make any of said
<br />payments or be three months in arrzars in making said manihiy paytncnts, ur to keep and comply with the agreements and antiitions of said Bond;
<br />acrd Mortgagor agrees to have a receiver appuimed forthwith in srrch foreclosure pr<xezdirtgs
<br />If there is any change in ownership of the real estate mortgaged herein, by sak ur otherwise, then the entue remaining it[debtetlrlGSS hereby
<br />secured shag, at the option of The EquiLbk Building amt Lint Ass[sciation of Grand Is1and,Nebraska,beatne immediately due and payabk without
<br />feather notice, and the amount remaining due under said band, and any other bond for any additional advances made theretmder, shall, from [be
<br />date of execcise of said option, bear interest at the maximum legal rate, and this nxxtgage may then be foreclosed to satisfy the amount drte oq aid
<br />bond, and any other bond for additional advances, together with all sums paid by said The Fgrtitabie Btriiding and l.oart Association of C,rand Island,
<br />Nebraska for insurance, taxes and as~ssments, and abri[acting extension charges, w°iih interest thereon, from date ut payment at the rr[axitnu[n
<br />legal rate.
<br />As providsd b the Bond szcmed hereby, while [his mortgage rzntains in effect the mortgagee may hereafter advance additional sums to the
<br />makers of said Bond, their assigns ar sutxx:ssors b interest, which sums shag be within the security of this mortgage the saate as the funds origi[rally
<br />severed tireceby, the total amount of principal debt not to exceed at any time tkte original amount of this mortgage.
<br />this :~h -~ ~N at June n. n.. l9 61
<br />r _ r C _-:,~----~~
<br />N. s en
<br />Linda M. C~~7::'t
<br />STATE OF NE&RAStCA, ~ ss On this 5th day of June 19 81 ,before me,
<br />COUNTY OF BALL
<br />the tutdztsigned, a Notary Public in and fat said Cormty, personally caste
<br />Curtis N. Christensen and Linda PL Christensen, each in his anti he wharafY right alui~sko~ nc"
<br />dre perx'
<br />of each other,
<br />tae to be the identical person S wMrse wine g ~-e affixed to ttte abovz instturttzni as mortgago[ g and they aeveratlY
<br />adtnowkdged the said instrurtxnt !a be their voimunry ac[ artd deed. -
<br />WI'CNES.S my hand and Notarrat Seal the date ~tiuesaiil. si
<br />My Cu - ~ _ ...... i .. _ _ . --~ - ~ ^..°
<br />-~ GENERIC iPLAF's t :. R :;- ir' S--..-- -',~ ~{-~ ' / -- _tS~ r .
<br />rUY ti, ~ L! r Nr~l'ttb~ .
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