|
� �
<br /> 77- t,t��204
<br /> �+oRrcecE
<br /> � MORTGAGr LOAN NO. � 22>939
<br /> KNOW ALL MEN BY THESEPRESENTS:That Mi chael L. Wenz 1 and Jean A. Wenj� , each 1� hl S dfld
<br /> her own right and as spouse of each other.
<br /> Mortgagur,whethrr one ur more,in consideration of the sum of
<br /> SiY y Feur Thoucand and Nnj1Q�---------------------------------.---------------- DOLLARS
<br /> baned to said mortgxgor by The Equitable $uilding and Luan Asxiciation of Grand lsland,Nebraske,Mortgagee,upun 640 �ares of stock of
<br /> said ASSOCIATION, Certi6ca[e Nu. L 22��q ,du IZereby grxnt, wnvey and murtgage unw the said ASSOCIATION the fullowing
<br /> deecribed real esta[e, situyted in Hall County,, e6raska:
<br /> LOT SIX (6) IMPERIAL VILLAGE FIFTFI SU3DIVISION.
<br /> HALL COUNTY, NEBRASKA.
<br /> te�ether with all thr �enemrnts, heroditarnems and eppurtrnencrs thrreunw briungwg,mrlud�ng eit•eched tluur co�•erings, all wmdow screens,
<br /> wlnSow shades,blinds,storm wlnduws,awnings,hrnting,nn rundlt�unin�;,and plumb�ng and water cyuipmrnt and acreswries therew,pumps,stoves,
<br /> re(rigerytors,and uthrr (ixturrs und eywpment nuw�x herent�er attached tu ur used in cunnrruun wi�h sa�d real estale.
<br /> And whereys the stwiJ murt�tagur has-rgreed and dues hereby xgree thut lhe nwrtgag��r shell and will pey all taxes and assescments levied or
<br /> ¢ssessed upun sa�d prrm�sts and up�m th�s mungagr end�he bunJ strurrd thrreb hcinrr thr samr sh�ll become delinyuenr. to furnish approved
<br /> incu�ance upon the buildings un said premisas siWatrd in thr sum ur S G4���0.� peynble tu said pSS(X.7ATION and m deliver to said
<br /> ASSOCUTION the pulicies fur syid insurancr�,and not w cummit or prrmu any waste un u�ebuut seid prem�ses�,
<br /> In c:ax u(defauit m the perlbnnance u(eny�>f thr�enne.nd eundlu�u�s of thi�in�.�rtguge or �hn bund secured hereby, thr murtgagee shrll,
<br /> on demand, be enGtled w imrtxdin�r pussess�on ul�thr mur�gagrd pre�nlx�s and �hr �nurtgago� hereby assigns, [ransfers xnd srts uver to thn
<br /> rtwrtgagee all the rrn�s,revenues anJ income tn be derived lium ihr murtgaged prenuxs during such time as the murt��e�ndebtedness shall remain
<br /> unpaid:and thr murtgtagee shall h�vr the power io nppunl nny agrni ur agenis it may drvlre h�r thr purpuu u(repuiring said premises and rtnting
<br /> tht same and cullrrting�he renis,rrvenues and incomr,nnd it may pay��ut uf said Incume all rxprnses ui repairing suid prrmices and nectserry
<br /> commisslons and ezpenees Incurred�n renung and nunaging the same and ot cullrctmg remals therefrum; ihe balena remaining, it any,to be
<br /> applieJ toward the 1iu-hargr o(said murtgage indebtedness:thase nglns uf the murtgager may be raercised at any nme dwing the exis[ence of such
<br /> d�fault,irrcspecUvr of any-iempixnry waiver of the samr.
<br /> These Presents,howevr�,arr upun thr Cund�uon,Tha�if the u�d M��ngagoi shail rcpay u�d loan un ur betorc[he matunty of said sharos by
<br /> Paymenr,pay mmithly tc�sxid ASS(X'IATION uf the sum specifrcd m thr Nund ar��ured hrrrby as mterest and prtnripxl on said luan,on or befure
<br /> tt►n Tweotieth day uf rach and rvrry munth,until sa�d luan a fully paid�.pay ali taxes and nssessments levled aga�nst seid premises and un this Martgage
<br /> and the&�nd secured[hereby,betbrc deBnquency�:turmsh appruved mawancr up�,n thr buildmRs thereun m the sum of 564.���.�� Peyable
<br /> to said ASSOCIATION:repay to said ASS(X'IATION up�m denumd ell munrv b� it paid fi�r such texes,assessments end insursnce with interest ai
<br /> the nuximum legal rate thereon frwn datr�.�1 payment all uf which Mungeg.�r hrreby ngrer�tu pay�,prrmit no waste un uid premises:keep and wmply
<br /> wrth all the agroements and conditwns��f the Bond fur S (a Q(�Q$pp thrs day grvrn by the said Mortgagur tu said qSSp(:IATION,and comply
<br /> wnh all the requircmencs uf the Cuns�itutWn end By-Laws of�rid'C S�SCIATION; cheu ihese prestnU s}ull becomr null and void,utherwise[hey
<br /> shall remxin in (ull furcr and nwy be fureclosed at the uphun u(the seid ASSOCIATION efter fxilure fur three munths tu make any of said
<br /> payments or be three mon�hs in urreurs in making said munthly payments,ur w krep and c�mply witti the agreements and conditions uf suid Bond;
<br /> and Mortgagur agrers W have a roceivrr appuintrd furthwnh m su�•h fureclusurr pinceedmgs.
<br /> 1(there is any cluuyZe m uwnerslup ot[he rrrl estate murt�y{ed here�n, oy sxlr ui utharw�ee, [hen the entire remwNng indeb[edness hereby
<br /> aecured chall,at the upeion uP The Equurble Build�ng ynd Luan Aswciatiun of Grand Islxnd,Nebraska,becume immedia[ely due and pryable without
<br /> further ncn�cr,and the amount rrmam�ng due under said b�nd,and any uther bond lur eny addnional advynces made thereunder,shall,frum the
<br /> date uf ratrcise of srid optiun,ber�interrst at the maximum Irgal rau,rnd thie murtgage �my then be foreclosed to satixfy the amuunt due on srid
<br /> bond,and any uther bond for add�tional advanas,together with xll suma puid by said The F:yuiwble Building and Luan Assa:ia[iun uf Gr�nd Icland,
<br /> Nebrreky for insurance,taxes and assescments,ynd abstrrchng exansion charges, with interest thereon, from date uf paymem at the maximum
<br /> le;xl rate.
<br /> As pruvidad in the&�nd secured herebq,while this mort�e rzmains in rffect thr murlgagot may hrrealter advance edditiunxl sums w the
<br /> r�kers of su�d Bond,tlreir ass�gns or successurs in interest,which sums shall be wnhin thr secunty of this murtgage the same as the funds orqqinally
<br /> �ecured thercby,the total�mount o(principxl debt nut w exceed at any ume the uryginal amuun[ot this morigage.
<br /> Duea cn�s qt� d.y of December � A t�.iy 77
<br /> —��—+�'� ��� — i i ,� , ; ��,
<br /> ,, ,
<br /> M1 chael L. Wenz 1 an A. '.Jenz 1 ,,
<br /> .�
<br /> STATE Of NEBRAISlCA. �. p�thic iath day of [�C�Lsr 19 �� .befurc me. �« �+'
<br /> COUNTY OF HALL� �
<br /> the unders�gned,a Notrry Public ln and fur said County,personally came "•'�'"
<br /> }�ChiC� l. ;�,�„n
<br /> � other. �� `kan A. Wenz� . each i n hi s and her own ri gf��an�d as sp��s�ok o��fo �
<br /> a�e to bt the i�t1eM p�ti{iii.�S "�71p�e�ume 5 a�p affized tu the�lwve inetrument�s mort�ur 5 and th2,)keverally , � �
<br /> .dcwvMd�qw.�t+�.et�e1e�� the i r vo�ueurv.a ena aeea. ..
<br /> �- �11I�{!'$eq'hMd Yd�ui�l Sal ths dste doreeud. � _
<br /> �
<br /> . i y l�,.
<br /> . 1�Cw�iriw�mxpka ;, ,:7 Y<.: �. i '�%+�
<br /> xpt
<br /> •. <'c 7 _�-� 1 ,.. , , r t'..
<br /> . _ ..__..---=-- `-�------
<br /> s.i.frw � ' - � � .:uwr PuLlk
<br /> •..:_...,. _..:" J
<br />
|