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<br /> MOR7"GAGE
<br /> TtORf('AC:L•LO�N NI)_I�7�_R�`
<br /> � 3:.NCYY�'AI.L h!L-ti 8Y 7'F9ESF PRESENTS:That ROb21"t L. NQPft BYic� Vi cki e R, Hoefit; 23 Ch l 71 hl S andi
<br /> her own right and as spouse of each other
<br /> � � � � � � � _.,_ Mortgagor_w}�ethr.r�ne or more_in considerati�n of fhe su;n of
<br /> thirty E�ie,htTMousand and No/10�----�------�----------
<br /> �—�— - ----_�.__�_—^__� __noL!�Ks
<br /> � loaned fo saic�moregugor by The Equitable Buitding znd Luan Assnciatinn of Grand Istand,�:ehraska,Aior[gagee,�pon j�j(� sharzs c�(stor.i:of � � � � -
<br /> �said .AS&OCIATION, Certitcale No. L 22�$!�g ,da hereby grant, convey and mortgege untu ihe said ASSOGATIUN� the followir.c; � � �
<br /> .described rzal estatc,si�uated in Hal! Count�•, Ncbr�ska: � . . ��
<br /> I_OT QNE (1}, IMFERIAI VILLIAGE ETH SUBDIVISION,
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NFf3RASKA.
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<br /> � ltipether with al! the t�ncm�•nts, hueditxrnents ancl appunenancet t}��e�euntu heioncin �ncli!ding attacl�ee� iloar coverir;es,sl] windoµ•screcns, � � �
<br /> . window shedes,blinds.s�orm ti+indo�:s,awnings,heatine„air con:.iitionine,and piumbing arid�v2ter equipinent an�accnssor�es thereto,punips,stoves, . . . .
<br /> . refrigerators,and other fiarures and equipmcnt noti�or hereafter attached to er�ucd in cunnec�iun with said re�1 estate. � � �� � �
<br /> Arid �vhereac t}�e suid mortgagoe t:as agn•ed xnd daes hereb}�agree that ti3e mor.�a�or shall and v.•ill pay al? laxes and assessments]evied tir �� �
<br /> . assetsed upon said premues and upor this monc�ge and ihe hon�sacurr.rl thereby oefore tl:e same shall otcome ��elinquert;to fum.ish ayproved � �
<br /> ��.. insurarce upon�the tiuildmgs on sa�d prcmises s>>ua�ed in the sum of� 3�,,�OU,Q� paynble to sssid ASSOCIA'CION an�1 �o deliver to said � �
<br /> AS$OC1RT10'�the policies Cor sa;d insmence;und not tU cc�mmii or�rrrnit�nv w�:iste on or ahout said premiset: . � � . �� � � �-
<br /> �� � In case of defaul,in�he perfornianee o(any of cbe iertns and conaiiion�of this rnurt{�age o: the bond securrd t�ereby,ehe niortgagee shall, �
<br /> � on demand, be entitled to immediaie possession of the mortgaged prcmises and the monga�or hereby assigns, trarzsfcrs and sets over m the �
<br /> i��.. . mortgagee alt the rents,revenues and incame to be derived f'rom the morigaged prernises during such time as ihe mongage indebtedness shall ren�iain �
<br /> unpaid;and t}�e mortg�gee xhap have ihe po���er to appoint any a�ent or agents it may desire for ihe purpose of rep�eiring said pzentises and renting � �
<br /> K:� � the same and collec[ing the rents,revenues and income,and it may pay out of said income all expenses of repairing said preinises end necesszry � � �
<br /> �commissions end exnenses incurred in renting end managing t}�e same and of collecting remals therefrom; thz 5alancc �ernaining,ii any, io be
<br /> � applied ioward the discheree of said mortLage indebtedness:these righ�s of the mortgagee may be exercised at any time during the existence o}such � � ��
<br /> defaul�,irrespnctive of any temporery waiver otihe same. �
<br /> � These Yresen�s,ho�+evcr,are upon thr Condition,That if the said A1ortgagor shaA repay said loan on or before the maturity of said shares by
<br /> paymrnt;pay monthl��to said ASSOCIATIOti of the swn specified it:the kond secured}�ereby as interest and principal on said]oan,on or before �
<br /> . the Twentieih day of each a�id every menth,until seid loon is fully peid;p�y all taacs and assessments1e�•ied againsi said premises end on this M1fortgage � � �
<br /> � � and ihe$ond secured thereby,before delinqurncy;furnish epproved insurnnce upon ihe buildir:gs thereon in Ihe sum of S 38����.�� Pay;;ble �
<br /> � to said ASSOCIATION;repay to said ASSOCIATION upon demand all rnc>nev by'it paid for such taxes,nssessments�nd insurance with interes±at
<br /> the maximum legal ratc thereon from date of pa}•rnent all of�vhich Afo,-te�gor liereby�grees to pay;permit no H•aste ori said premises;keep and comply
<br /> wi�h all the agrecments nnd conditions of t}��gtind for S 3�e��fl.��this dav given b� the said 4lortgag,ui to said ASSOCIA7'ION, and comp!y
<br /> �: with all the rcyuircments of the Cunsiiiufinn nnd Bo-l.:�w<of said ASSOCIATION; the.n these pre.cr!s sh21!becurne nu!I and void,othe�wisc �iirv
<br /> shaU rem:�in in full ftirce and may bc foreclosed at.the option of ihe said ASSOGATION aiier feilure for threc^ months to meke any o -�aid �
<br /> pavments or be three months m arrrars m making said�nonthty payments,nr iu keep and complv�;•ith the ayrecments and conAitions of said I o,id; �
<br /> and Mortexgor agrees�o tiave a recei�er eppointed forthµat}1 in such foreclosure proceedings. �
<br /> If there is eny change in owncrship of thc rcal estate mortgaged hrrein,by sale or other�rise, then the enure �emainin� indebtedness hc�eb��
<br /> �� secured shall,at the option of The Equitable Nui)ding and Loan Assuciation of Grund Islend,N-rbrelka,becvrrie immediately due and paya6leµ�ithout
<br /> `� funher notice,and the amount rem:3.ining due under said bond, and any ot}��r bund io�am�additional advances madr U�ereunder,shall,from the
<br /> . datc of exercise of xaid option,bear imeresi at ihe maximum legal rate,and this mortgege ina�� then Ue foredosed to satisfq the amoun€due o;�taid
<br /> bo�d,and any other bond tor additional advances,together with al1 sums paid by said The Fyu:table Building znd Losn A�soc9ation of Grand Isiand, �
<br /> Nebraska for insurance,taxes and 2ssessments,and abstracting extensinn charges, µ•ith interest t}�Creon, from date of paymcnt at the maxi;r�m
<br /> � legal rate.
<br /> { As provided in the Bond secwed hereby,while this mortgage remains in effect the mortgagee may hr�eafter ed��znce adrJftiona! sums to the
<br /> makers of said Bond,thrir essigns or successors in incerest,w�hich sums shal]be wiihin th�securiiy of ihis mongage the sam��as the funds orig"vnally
<br /> ucure.d ihereby,the total amount of principal debt nm tn escred at any ti�ne the origina]amount of this mnngsge.
<br /> � �n Uated this � j tE'1 r-� day�f OCtOh2Y' .A.D.,lg ]]
<br /> i' 'L t� T� ��� �7
<br /> ��� ' 0e �—� —
<br /> Vickie R. Hoeft
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<br /> STATE OI=NEBRAS};.A,J l9th October �
<br /> COUNTY OF HALL J �� Or.t}us day of 19 7� ,before me, y�j��;�_�`
<br /> � the undersiSned,n Netary Publi in an for said County,per onatly;:ame � � '
<br /> Robert L. Hoeft and Vickie R. Hoeft, ea�h in his and r�er own righ� an� as spouse of eacn
<br /> other who are prrsonally knoun co �,�•
<br /> me to be the identical persnn S Whose name 5 dY'2 affixed to the aborc inst;ur •� as nwitgekut 5 and the.}' srvr:a!iv
<br /> w�tdged2he sa�d instrument to be th21 1' voluntary act and deed. /� / '
<br /> . � ���r 1°���_ WITNESS m� hand and Notarial Seal the date aforesaid. `\ -/ ,� ' .
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<br /> Notar�Yublic
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