86-- 10►322
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 24, 630
<br />KNOW ALL MEN By TIME PRESENTS: That Francis S. Sindelar and Rose Arm Sindelar, each in his
<br />Mortgagor, whether am or more, in awaii1icration of the siam of
<br />and her own right and as spouse of each other,
<br />Nineteen THousand and no/100-----
<br />)=tied to said mortgagor by The Equitable Building and Law Association of(itand Island, Nebraska, Mortgaige-e, Upon 190 slrga of $kKk Of
<br />said ASSOCIATION, Certificate No- L 24 630 do hereby on
<br />grant. cvey and mortgage unto the sad ASSOCIATION the Conniving
<br />described real estate, situated in Hall County, Nebraska:
<br />Lot Ten (10), except the Westerly Thirty Five (35) feet thereof, and
<br />the Westerly One Half (Wj) of Lot Eleven (11) all in Block One (1)
<br />in BelAir Addition to the city of Grand Island, Hall County,
<br />Nebraska.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging- .including attached floor coverings, all window screens,
<br />window shades, blinds. storm windows. awnings, hearing, air conditioningand plurnbingand water equipment and accessories thereto,pumpssteves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said teal estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the morquipar shall and will pay all tioreir and asscasments levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same dull become delinquent. to furnish approved
<br />insurance upon the buildings on said premises situated in the mada of S 1 Q 000.00 Malik to said ASSOCIATION and to deliver to sad
<br />ASSOCIATION the policies for said insurance: and not to commit or pera any waste on or 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 mortgagce shall,
<br />on demand, he entitled to inumediate possession of the mortgaged premises and the mortgagor hereby assigns- transfers and sets over to the
<br />mortgag" all the rents, revenues and mccime to be derived from the mortgaged premises during such time as the mortgage indebtedness Shall serialist
<br />unpaid-, and the mortgagee shad! have the power to appoint any agent or writs it may desire for the purpose of repairing said premises and ratting --
<br />the same and collecting the rents, revenues and income. and it may ply 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, sis be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any rime during the existence of such
<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 Isaart an or befort 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 said loan, on or before
<br />the Twentieth day of each and every month, until said load is fully paid;- Pay all taxes and assessments levied against said premises and an thisMortgage,
<br />and the Bond secured thereby, before delinquency . runtish approved insurance upon the buildings thereon in the sum of S 191000..001, payable
<br />to said ASSOCIATION: repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insuratrdx with interest at
<br />the maximum legal rate thereon from date of payment 311 ofwhiLh Mortgagor hereby agrees to pay-, permit no want on said premismitcep andiximply
<br />with all the agreements and wisdit ions ol'the Bond for 5 19 t 000, 00 this day given by the said Mortgagor to said ASSOCIATION and comply
<br />with all the requirements of the Constitution and Ry-Laws of said ASSOCIATION, then these presents shall become null and void- otherwise they
<br />shall remain 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 in arrears 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 sach fofedosurre proceedings.
<br />If there is any change in ownership of the real estate mortgaged hcrcm, by sale or otherwise. then the eatire reminding indebtedness hereby
<br />secured shall, at the option of The Etluit" Building and Loan Association ofGnand isiland_Nebraska,beoxne immerhately due and payable: withotit
<br />further notice, and the amount remaining due under said bond, and any other hired for any additional advances made thereunder, shall, from the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage nay than be foreclosed to satisfy the amount due on said
<br />bond, and any other bond for additional advances, together with all sums paid by said The Equitable Building sad Lorm Association of Grand Island,
<br />burActft mio charges, with interest there=, from date of payment at the vansdauna
<br />Nebraska for - insurance, -taxes and assessments. and a exte n in
<br />legal rate.
<br />As provided in the Bond secured hereby. while this mortgage remains in effect the mortgagee may hereafter advance additional sum; to the
<br />makers of said Bond, their assigns of successors in interest, which sums shall be within the security of this rnortgW the am as the funds orilina*
<br />secured thereby, the total amount of principal debt not to exceed as any time the original amount of this mortgage_
<br />Dated this zt� day of A- D -,14 66
<br />X
<br />STATE OF NEBRASKA, t s On this i day of 19 So , before me.
<br />COUNTY OF HALL
<br />k
<br />the undersigned, a Notary Public in and for UW County, personally Cum
<br />Francis S. Sindelar and Rose Ann Sindelar, each in his and her Dwt)
<br />ri§he and AP& * 'T"'i Ze
<br />to
<br />of each other,
<br />me 4) he the identical person S whose names are affixed to the above instrument as r;--n'rpgw 3 and I,he y veverallY
<br />acknowledpA the scud instrument robe tneir voluntary- act and deed.
<br />Vd)NI-SS in% hand and N.wial Sea! the date afo-rssi&
<br />I At?
<br />S1.11 e, -T,
<br />KVIUAN�%- � '-;r \-.tAT' flut1h,
<br />so L. Al 1481 pjy t"nM Dr
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