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<br /> 77-�����94
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. L ZZ�7H6 '
<br /> ; KNOWALLMENBYTHESEPRESENTS:That ,JdI17BS R. Messerer and Donna M. Messerer, OdCh 111
<br /> � ` his and her own right and as spouse of each other, !
<br /> Mortgagor,whethcr one or more,in considezation of the sum of
<br /> '� Thirt.v Two Thousand and No/100-------------------------------------------------- DOLr.nxs
<br /> loaned to said mortgagor by The Equitabte Building and Loan Association of Grand Island,Nebraska,Mortgagea,upon 32� s}}ares of stock of
<br /> said ASSOCIATION,Certificate No. L 22,�86 ,do hereby grant, convey and morigage unto the said ASSOCIATION the following
<br /> '+ described reai'estate,situated in Hall County,Nebraska: <;,
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<br /> �� LOTS ELEVEN (11) AiVD TWELVE (12) IN BLOCK FOUR (4)
<br /> ' IN THE FOURTH ADDITION TO THE VILLAGE OF CAIRO, HALL
<br /> � COUNTY, NEBRASKA.
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<br /> `i . togetiier with all.the [enements,hereditaments and appurtenances�thereunto belonging,including attached floor wverings,all window screens,� . '
<br /> � window shades,blinds,storm windows,awnings,heating,air condi[ioning,and plumbing and waterequipment and accessories thereto,pumps,stoves,
<br /> reGigerators,and other fixtures and equipmen[now or hereafter attached to or used in wnnection witli said real es[a[e. � � � � �
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<br /> 'y � �. And whereas the said morigagor has agreed und does hereby agree that the moctgagor shall and will pay all taxes and assessments levied or �.
<br /> � assessed upon said premises and upun this mortgage and the bond secured thereby before the same shall become delinquent;to f�rnish approved
<br /> i � .insurance upon the buildings on said premises situated in the sum of� 32����.�Q payable to said ASSOCIATION and to deliver to said �
<br /> `:�. �� ASSOCIATTON ihe policies for said insurance;and not to commi[or permit any waste un or about said premises; � � . � �
<br /> � �� � � In case of default in zhe performance of any of the terms and conditions of tFus mortgage.or the bond secured hereby,the mortgagee shall,.. �
<br /> F . �� �� on demand,.be�entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and�sets over to the .
<br /> �N mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mort�age indebtedness shall remain �
<br /> 'k� .unpaid;and the moctgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing.said premises and renting
<br /> �± �� � the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of�.repairing said premises and necessary�
<br /> � commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining;if any,to be
<br /> ��, .� � applied toward the discharge of said�moRgage indebiedness;[hese rights of the mortgagee may be exercised at any time during the e�stence of such �� �
<br /> � default,irrespective of any temporary waiver of the same.
<br /> n� � � �These Presents,however,are upon the Condition,That if[he said Mortgagor shall repay said loan on or before the maturity of said shares by . �
<br /> �payment;pay monthly to said ASSOGATION of the sum specified in tlie Bond secured hereby as interest and�principal on said loan,on or before
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage ,�
<br /> �� �and ihe�Bond�secured thereb before delin uenc furnish a roved insurance u on[he buildin s thereon in the sum of$$Z�OOO.OO payable �
<br /> Y, 4 Y� PP P 6 ,
<br /> to said ASSOCIATION;repay to said�ASSOCIATION upondemand all money by i[paid for such taxes,�assessments�and�insurance�with interest a[
<br /> �� � the maximum legal rate Biereon�from date of paymenf ali of which Mortgagor hereby agrees to pay;permit no waste m�said premises;keep and comply
<br /> ,�� � �with all[he agreements and conditions of�the Bond for 5 3Z�QQQ.QQ [his day given by[he said Mortgagor to said ASSOCIATION,and comply
<br /> �. � . with all the requuemen[s of the Constitu[ion and By-Laws of said ASSOCIATION;then�these presents shall become nWl and.void,otherwise they
<br /> shall remairr in full�lorce and may be.foreclosed at the option of the said ASSOCIATION after failure for three months to make uny of said �
<br /> �� . nayments or.be three months in arrears in making said monthly pxyments,or�to keep and comply witli fhe agreements and conditions of said Bond;
<br /> ;� ���and Murtgegor agrees[o have a receiver appointed f�rthwiLh in such foreclosure proceedings. . .
<br /> X � � ��. If there is any change.in ownership of the teal estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby .
<br /> �� ..� secured�shall,at the option of The F.quitxble Building and Loan Aswciation of Grand Island,Nebraska,become immediately due and payable without �
<br /> "s�� � � further notice,and�the amount�remaining due under said bond, and any other bond for any additional advances made thezeunder,shall,&om the ��
<br /> y ,� date of exercise of said option,bear in[eres[at the maximum legal rate,and this mortgaga may then be foreclosed to satisfy the amount due on said
<br /> � bond,and any oiher bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Crand lsland,
<br /> i eeal rate.for insurance,taxes and assessments,and abstracting extension charges, with interest thereon,from date of payment at ehe maximum
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<br /> � As provided in the Bond secured hereby,while this mo�tgage remains in effect the mortgagee may hereafter advance additional sums to the
<br /> i makers of said Bond,the'u assigns or successors in interesz,which sums shall be within the security of this mortgage the same as the funds originatly
<br /> � secured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage. � �
<br /> Dated this lbth day of AUJUSt p,D.,19��
<br /> r � ���� /�-- ir��'�.2�.�[�'' '--'" � f�yE��tm_�,�"Yl. ��L�_.��, r�c.�_.L� � �
<br /> 7 .7ar�es R. Messerzr ponna M, h'�sserer
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<br /> ,3 STATE OF NEBRASKA, —� /�
<br /> � COLINTX OF HAI,L� ss. On this �� day of �-'i-��� 19��,before me, i �
<br /> . � � �[he un dersigne d,a Notary Pu b lic in an d for sai d County,persona lly ceme -- � �.���
<br /> , James R. Messerer and Donna M. Messerer, eac�t�,.,�� his and her own ri�ht and as s�o��se of � +"�
<br /> OdCh O�{1@l^� 4�;•t+;. ry�' ,rrt•��r�t w � are Per ona y known to �; ,
<br /> � me tohe the identical person 5 whose name 5 �``�a�fi�e�taihrw�i�,i�,trument as mortgagor 5 and thEy severally � ����s"
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<br /> ; acknowledged the said instrument to be thei r vojur�ry}aat and deed.;,�, A, " �s:
<br /> WITNESS rny hand and Notarial Se�l Yl�_ a'�ag4+'ar,�s�d (����' ��. , ,
<br /> My Commission expires �O / V * �' � � �
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<br /> �'}�t '� � f�� Notary PubLc
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