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<br /> �7'� U04384 � � � �� � �'i E �
<br /> This Indenture,ivtade hy and becween .:..L�x7ry L.,_.,Wernex.,. J.u..dy.,A,.Werner,,Michael,_L. Neubert and
<br /> ......
<br /> ri�hts of .
<br /> .�.x�AS�.a:..�......��.L1b.8.X"�_�.J,A�,t_..t�llt�l�tS..W].C}l.__:S_.T'VIVOTS�'ll�,hether one ar more hereinafter referred to ae mortgagor
<br /> and � OVERt.AND NATIONAL RANK OF GRAND ISLAND, Grand Island, Nebraska, hereinafter
<br /> 1,hreMferred �to ads_ bank ------- ---
<br /> e ortgagor or an in a�nsiderution of($,�f2�Q Q�'QD ) „„, .. ..-.-�
<br /> �. ..� . �. . .. -.. - .. ... ..._.. �
<br /> � .:�rn�rty:.s zX,.Tno,��a ana n0�100... . . ........ .... ..: _ _...... ........ .DOLI.EIR.S.aaid by the bank, �
<br /> ...... ..._.
<br /> the rece�pt whereof is hereby acknow2edqed, has granted, bargained, aold and conveyed, an3 by the preeenta, doea grant,
<br /> ? bargain,sell and convey,anto said bank,the followinq described real property situated in the County of......�&�.�. . :....:_ ............:._
<br /> and State of NeUratika,to-wit:
<br /> Westerly Fifty Six (56) feet of Lot �elve (12) and The Easterly
<br /> ', Twenty I3ine (29) feet of Lot Eleven (11) in Pleasant View Fifth
<br /> Subdivision, City of Grand Island, Ha13. Coi.arty, Nebraska.
<br /> � together with all the.tenements, hereditaments and appurtenances Ca the same belonging, and all the estate, title, claims and
<br /> � demands whatsoever of the mnrtgagor of, in or to said p:emiscs or any pah, thereof; and said�mortgagor d�es hereby cov-. �
<br /> � enant,that the mortgagor is ]awfully seised of said premises,that said premis�a are free from incumbrance and mortgagor
<br /> .will warrant and defend the title to said premises against theclaims and demands of all persons�whomsoever. .
<br /> � � PROVIDED�ALWAYS, �nd these presents are upon these conditions: � . .
<br /> ; � . WHEREAS, the mortga�or hxs executed and dclivered to the Bnnk. s"�.,Ce2"C3111.............._,...__.,...._ promissory note �
<br /> � � � and has agreed to maintain fire, windstnrm and etitended coveragc insurance on said premises in amounts required and in� �� �
<br /> �companies approved�by the bank and w•ith stxndai•d tnortgu�;e clauses which policies shall be�delivered to the bank, and has �
<br /> � .agreed to pay all taxes and assessmentis levied against said premises before the same become delinquent and to maintain said �.
<br /> � �premisex. � � � . � �
<br /> � � Now, therefore, if the mortgaqor shall comply witfi a11 of the provisions of said note and the provisions hereof, then �
<br /> these presents shall be null and void. �
<br /> � � � Iiowever, if the above note and interest thcreon or any payments called for thereon are not paid when due or if any �
<br /> . . . of the covenants�of this instrument are not complied with, the bxnk, or thc� holder hereuf, at its.option may declare the re-
<br /> � maining balance�of said indebtedness due and payaUle smd may maint.iin an action ai lae•or in equity to recover all amounts �
<br /> � �.� due and�enforce the px•ovisions hereof. In the event of the failure. of moz•tga�;or io rnaintnin the�premises,�or to maintain �
<br /> �� insurance as is above�pmvided for, or to pay taxc.s or us�essments,the holder here.of may advance the sum or sums necessary ��
<br /> . to obtain compliance and such amounts shall be added to the amouni due on the atrove mentioned note and bear interest at
<br /> � the.highest legal rate. � . �
<br /> � � IT IS FURTHER AGREED, Lhis mortgage shall constitutc notice hereof, that this mortgage is security for�not only �
<br /> the amount advanced concurrenUy with the execution hereof but all future adv�nces which may be�made at the option of the . .
<br /> � parties�or their assigns up to the total amount st�ted in this mortgage,to the same extent as advances�originally made here- � �� .
<br /> � . under. Further notice is hereby �iven that the tenor of cach Mortgage Note including the interest rate, payment, �naturity, � �
<br /> � � penalties, and other terms shall concurrently upon execution become a part uf this rnortgage. � . . � � � . � �
<br /> � IT IS FURTHER AGREED,.tl�at the said Moz-tgagor shall and will paY u11 taxes levied upor� this�mortgage or the�debt � �
<br /> . �secured thereby, together with xny. other taxes or assessrnents which may be levied under the Laws of Nebraska, against the� � � �
<br /> _� said Mortgagee or the]egal.holder of the said pi•incipal note(s)on account of tnis indebtedness. � � � �
<br /> � IT IS FURTHER AGREF.D, if at any time, while the mortgage is in e3fect and the note for which this.mortgage ia � . . � � � �
<br /> given as seeurity,or any part thereof, remains unpaid, the undersigned hiortgagors sell, convey or contract to sell the real � � �
<br /> � estate herein described, or any part thereof, or the A4ortga�;vrs do not have or cense ta have title to said real estate or any � � �
<br /> � part thereof, then and in any surh events,the biortgxgee�nay,at its option, declare the un�aid principal balance, and interest, � � . .. �
<br /> � of�the note secured hereby immediately due and payable. In the e��ent that these pre�nises are not now, or should hereafter,not �� � � � ��
<br /> . .be occupied by mortgagor then this instrument shtill constitvtv an assignment of rentflls and service of a copy thereof upon the � � ��
<br /> � oceupant�shall be su£ficient to require all payment for rental or use af che p.-emises �fter date of such Service to made to �� � ' � � �
<br /> ' mortgagee. Tl� /�
<br /> 5 '� Signed this.............`..�.... ......daY of.. ..Cy�.�-'..................:........ ......., 19...�.�...._..... . . .
<br /> � � � . . . � In Presence of �La.. ...... .r�.... .. . . .... . .. ._.--.. � � . .
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<br /> , , � • � /y /,, �
<br /> _.....� ............................... ... .......�........ .... ..... .. ....._ . .,......Cl.f.....K�!,,,2/fi,7ti't/�.............. � � �
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<br /> �Ju3y.' " ern. � ��---
<br /> . .... . ...... / ,-y � -
<br /> _.. .. .. . . ._.._... f�.,:... _..
<br /> ST �B�� Cou�ty of.... Hall Brenda J. Neubert''. . . . '
<br /> 9 .... �7�y�.. . . ............... ... ................._. .-ar�'y L. and �W@ ne ��.Rd�'
<br /> '�UL ry.public qualificd for sai�i county, personafiy came �1CI72.e1 L. and��rencla .1. �1i�UbC:1't� � �
<br /> �_ I person oc per�ons �+��r�n si�;ned the fere�;oing�nstrument and acknowlcdged the exe c u t i on there-
<br /> � � ��of to be hisNa s�'�, ry act and deed. . . � .
<br /> S�F��A�,g ��r�01
<br /> M Witness my h�d�a}n�l�ana ea mi 9�... L..v�........................................ . 9.%.�...
<br /> . � y commission expires....�Y�...ZS........ .. , 19.��.8. � ..... ....".:.`.`.�.�..t.�.Gd2,..•'7"�'{�... ......Notary Public. ... ..
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<br /> . STATE OF':. ....::.:...:.: ....�. �............ .:......._.. � Ei:tcrr,d on r,umerica] index and filed for xecord � '� t:.�.. ..
<br /> � g� s � ,,
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<br /> � Gounty ,.._ � t �in the Re�i tui of Deeds Office of said County the � `�
<br /> � � � day of.. � � 19 . at..._ �.. .... ..o'dack an3..... . � ..........mir.utes .... ........b1., �. :, .
<br /> _...... ......._ . . . . .. . , r�x
<br /> " � and�recorded�in Book.. ...._...:...._.........:......:af...._..... _�. . �.__...__._�...at page.. . _--..... .... _. ..........._.... :: -'�
<br /> .. ... .. . .. . . . . � . . . � . ......._..._.. ...�.... . ..___ _. .. .. ..Reg. of Dee3s
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<br /> . �. �. . . . . �. . . . � . . By..... .....�... ........... ...............Deputy . .
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