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105003
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 24,621 .
<br />KNOW ALL MEN BY THESE PRESENTS: That Le o Liske and Maxi112 Linker each i15
<br />his aSIi I7L'r tivii ricjiil`
<br />and as spouse of each nth Mortgt�, whether one or more, in of aatum of the sum of
<br />Fifteen Thousand and n i00- -_---_ - - -- DOLLARS,
<br />hatted to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee. upon 150 shares of stock of
<br />said ASSOCIATION, Certificate No, L 24,621 do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />The Southerly Fifty Five (55) Feet of Lot Four (4) ,
<br />Block Five (5), Original Tcwn, now City of Grand Islard,
<br />Hall County, Nebraska.
<br />together with all the temments, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window sus_ -
<br />- - - - window shades, blinds, storm windows. awnings, heating, an conditioning, and plumbing and water equipment and accessories thereto, pump&. stoves,
<br />:refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shah and will pay all taxes and assessments levied
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent: to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 15 000 , 00 payable to said ASSOCIATION and to deliver to said - -
<br />ASSOCIATION the policies fur said insurance; and not to commit or permit any waste on of about said premises:
<br />In case of default in the performance of any of the terms; and conditions of this mortgage or the bond secured hereby, the mortgagee stall.
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfttz and sets over to the
<br />_ ,mortgagee all the rents, revenues and income to be derived from the nortgawd premises during such time as the mortgage indebtedness shall reams
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repsirug said premises and renting
<br />the same and coBeeting the rents, revenues and income, and it may pay out of said incicu e: 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 laai>ace reatai;rr� if any; W be - -
<br />applied toward the discharge of said mortgage indebtedness: these rights of the mortgagee may be exercised at any time during the existence of sitch -
<br />default, irrespective 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 shares by
<br />payment: pay monthly to said ASSOCIATION, of the sum specified in the Bond secured hereby as interest and principal on mid loan. on or before
<br />the Twentieth day of each and every month. unit) said loan is fully paid; pay all taxes and assessments levied agsinA said premises and on this Mortgage
<br />- - and the Bond secured thereby, before delinquency'; furnish approved insurance upon the buildings thereon in the sum of S 15, 000.00 payable - -
<br />- to said ASSOCIATION. repay to said ASSOCIATION upon demand all money by it paid fur such taxes, assessments and insurance with interest at
<br />-
<br />the maximum legal rate thereon from date cif payment all of which Mortgagor hereby agrees to pay-, permit -no waste on said premises; keep and comply - -
<br />- with all the agreements and conditions of the Bond for S 15, 000.00 this day gsven by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the tequirenwrils of the Constitution and By -Laws of said ASSOCIATION; then these presents shall become null and void, otherwise they
<br />'shall retrain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of said
<br />payments or be three- months to arrests in making said monthly payments, or to keep and comply with the agreements and conditions of said Bond-,
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings,
<br />If there is any change in ownership of the real estate mortgaged herein, by sale of otherwise, then the entire remaining millebtedness hereby .
<br />secured shall, at the option of The Equitable Building and Loan Association of Grand Lshutd,Nebraska,become immediately, due acrd payable without
<br />- - further notice, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, sluff; frvmthe -
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to satisly the amount due on said
<br />bond, and any other bond for additional advances, together with all sums paid by said The Equitable Building and loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date .of payment at the araxitnum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mongaget army hereafter advance additionai suns to the
<br />makers of said Bond, their assigns or successors in interest, which sums stall be within the security of this mortgage the same as the funds originally
<br />- - secured thereby, the total am -,im of principal debt not to exceed at any time the original amount of this mortgage.
<br />ted this 2nd day of September A- D., I
<br />maxi=- -- — - -
<br />STATE OF NEBRASKA, i ss On this 2nd day of September 19 66 , before me,
<br />COUNTY OF HALL 4
<br />the undersigned, a Notary Public in and fa said County, personally came
<br />Leo Liske anti Maxil>= Liske, each in las and her own right and as spw9u - a rso efdown to
<br />me to he, the identical prrsom ;; cohost name 5 ;rn> affixed to the above instrument as m ortitagomS and they severally
<br />acknowledged the said insrtumeot to No their voluntary act and deed-
<br />WITNESS cop hand and Notarial Seal the date ofoiemid_
<br />My ('ununia;nrn eypnes,%7,,..
<br />[ O IIC:i#W Noian, PUNK
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<br />in rR laf aR
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