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gf„,,; - 101554
<br />NOR7tC'A"
<br />MORTGAGE LOAN NO. __ L14 •]6
<br />v M.L MEN UY P SE MESENTS: That R chaz33 J. Strehle and Helen Kay Strehle, each in his
<br />and filer own and as of each other, Mortg ow. srbetber one or auser, in ooaasderu9oa of the ass of
<br />Ai3nmu= 'lino and and n iQ0_ - -- -
<br />' , DO UAn
<br />iasmd m aid ay The Fqutle ard of Goa d h Bland, NeivastaMoatswe, 190 Ams of stock of
<br />aid ASSOCIATION, Certificate No L 24,476 do hereby Srant, oommy sect mortgage, now the awl ASSOCIATION the following
<br />I A led castle, situated in Hall County, Nebraska-
<br />Lot Sever_ (7) , in Block Ten (10) , in mussel 'Mieeler's
<br />Addition to the City of Grand Island, Hall County,
<br />liebras)ca.
<br />tasetitrs with all the tenements, Ihereditasnesats auui apgurxenances thereunto hdonging irtrdaaafiag attached floor aavesings nit window settees,
<br />window, shades, blinds, storm windows, awnings, beatu*, sir conditioning, and plumbing and waterequilimmi and ac sees d=mo,pmnpse stoves,
<br />refa*erztzuus, and other flag and equspmiemnoi or hereafter attached to or used in connect icnr with said Teal estate.
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<br />And whereas the said mortgagr has agreed and does hereby agree trial the mvnggor shell and will pay all assts and ammum u levied or
<br />aaessed tgaott sand presents and ttQoa this rtrortgagc and the bond secured thereby before tier saute shA become delinquent: to formish gored
<br />iassa>nce nptxr the buildings on said premises situated in the slur. of S 1,9 000 pa payable to said ASSOCIATION and to dedirer w said
<br />t`
<br />.
<br />ASSOCIATION the policies for said y-asurance; and ruts ,o commit or permit any waste or, or about said premises;
<br />In me of delauh in the performance of airy of the terms and conditions of this mortgage or the blend smused hereby, the mortgogpe shill,
<br />on demand, be entitled to immediate possession of the mortgpd premises and the mortgagor hereby assigns, transfers and acts om to the
<br />rraortpaw III the tents, revenues and income to be derived from the mortgaged premises during such ileac as the mortgage indebtedness shall rein
<br />unpaid; and the martgaw shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premaax and ream
<br />the sane and collecting the rents, revenues and incotrae, and it may pay out c4 said Inc oleo all expenses of repairing said prensim sod sectemay
<br />commissions and expenses incurred in resetting and managing the same and of collecting rentals therefrom; the balance rem„ if any, to be
<br />A,
<br />applied toward The discharge of said mortgage indebtedness, thew rights of the mcirtgagm may be exercised at any time during the existence of surd
<br />default, inespective of any temporary waiver of the same.
<br />These Presents, however, are upon the Condition. That if the said Mortgagor shall repay said loan on or before the maturity, of said sirup by
<br />Payment; pay trxtnihly to said ASSOCIATION of the suit, specified in the Bond secured hereby as interest and principal on said loan, on or Fare
<br />the Twentieth clay of each and every month, until said loan is fully paid; pay wl taxes and assessments levied a€aitast said premises and on this Mortgage
<br />and the Bond secured thereby, before delinquency: furnah approved insurance upon to buildings thereon in the rase of S19 OW playable
<br />:
<br />.00
<br />to said ASSOCIATION: repay to said ASSOCIATION upon demand all monev by it paid for such taxes, assessments and i with ioseaa n
<br />The msxisaom legal rate leapt, from date of payment all of which Mortgagor larch} agrees to pay; permit sew waste on sad premises; keep and comply
<br />with all the amts and conditions of the Bond for S 19, 000.00 this day given by the said klorfgagnr to said ASSOCIATION, and comply
<br />with all the requirea waits of the Constitution and Bv-Laws of said ASSOCIATION: then these presents shall become wall and void, otherwise they
<br />»iall Mamie in full force and may be foredo d at the option of the said .ASSOCIATION, after failure for three months to make may of said
<br />Payless or be three months ar arrears in making said Monthly payments, or to keep and comply with the agreements and ins of said Send;
<br />sod Idertdegcr agrees to have a rectiver appointed forthwith ire such foreclosure proceedings.
<br />If 'them is my chmW in ownership of the real crate mortgaged herein, by sale or otherwise, then the entire mnuu ning mdebtedaeac hereby
<br />seam *A. at the option of The Equati a Budding and Lean Association of Grand Ishnd, Nebraska, become immediately due tied patyaiak without
<br />fathe noble. and the amount remaining doe under said bond, and any other bond for any additional advances made taaetmdes, shag, fie the
<br />dam of carcise of said option, ben interest at the maximum legal rate, acrd this rrxsatg age may then be foredoaed to satisfy the arm due oil aid
<br />boad,awd any other Door for addnaoeaal advances. together with all sums pad sty said The i_gtutabk Building and Low Association of Grand Isif•d,
<br />Nebaata for it oe, taxes and masments, and abstracting extension charges, with interest thereon, from date of payment at the tanionsw ern
<br />rate.
<br />As provided it the Bond wcured hereby. -Rink this nKwtgage remains in efieci. the mortgagee may hereafter advance aatiftiessal sums to the
<br />Viers of said Biand, their asks or tawoessors In interest. wait•b sums shah be within the security of this mortgage the same as the funds originally,
<br />secured tbetrby', the soled satoaut of principal debi riot to exceed at any time the original amount of Thais mortgage.
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<br />4drne d this day of March A- D -, ly 86
<br />nelen AaY zFxenw
<br />STA•IT 1* NfBRASKA,I
<br />Y ab. 18th cla
<br />Oil this
<br />CXPUNTY Ol' HAIA. fi y of ?March {y 85 .before rise.
<br />the uzukrs gikel, a Notary Publu in and for said County, personalty pee
<br />Richard J. Strehle and Belen Kay Strehle, each in his am her, own r ht�artd ai1ed�ta'�l�tuV�a
<br />t� other, to
<br />nor to tae tlw 't F'e's m s . nacre g are affixe:i rcl the at-,u -11strcrrnetet as mcxtzegcxl g new }1 �:• sevetaily
<br />ack"wR tfnc seed ut�ruarm, to be their _fut,l:a; y .a,:", sac :iced. _—.
<br />rxy?atuaaoiA�'Jim! Xw, Set•uatzt'(vrwa
<br />+s a- eve w rlMr -tMwe l MMMr _�,ia > f a k
<br />.RlwM�K S. t10Nl1
<br />�! hearses Nee. !i send
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