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<br />'` � � � � � � � � �ioiircnr,►i i.ony no:�� l 22.505� ��,r
<br /> hxown��rn:Ni�vn�i:serkes�x�s:rn�� ,Maxon E, Leth and Sharon K, Leth each in his;and her own ` ` f 't ,` '
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<br />, " right and.as spouse.of each other y r
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<br /> Mungagi+r,whcthcr one ur murc;lm m�sidcraUon af thc tum of , k " �,
<br />{ 11+renty=one Thousand Two.Hundred and No/100-- -------------------------------- - pb��nHs ;, ' �
<br />�� luaned to said murtgagur 6)Tiie tiquilable IluiWing and Luan Assucfatiun uf Grand Ialand,Nebraska,�lurtgagee,uEwn 212 sl;ares of crock uf ; ��! r '
<br /> safd A550CIATION,Ccrtificatc Nu,L Z2,505 ,do hcrchy grant,cumcy and mortgagc unro thc said ASSOC[ATION�he fulluwing , � � t r
<br /> � i desttibeS rcal estatc,situahd In Ilall Cuunq�,Ncbraska: �
<br />'F; A-PART OF THE SOUTNEAST,QUAaTER OF TH[;SOUTNEAST QUARTER (SE�SE4) OF SC•CTION 21, �� 1 ��
<br /> TOWNSHIP 11 NORTN,.RANGE 9 WEST OF,THE 6TH P.M., nESCRIdED AS COt+�1ENCING AT THE EAST �
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<br />,� ONE SIXTEENTN (1/16) CORNER' (an Iron Pipe) COMDION`T0 SECTION 21'AND 28; THENCE<EASTER- � � � ��� `�
<br />� LY ON .7HE SECTION LINE 4G2 FEET TO THE ACTUAL POINT OF nE�TNNING: TNENCE NORTNERLY % +.
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<br />.,�' ONE HUNDRED SEVENTY=SEVEN r177 FEET� TNENCE EASTERLY EIGHTY 80 fEET� THENCE . ; ' ' ' '�'
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<br /> ' SOUTHERLY ONE HUNDRED SEVENTY SIX AND SIX TENi'NS (176.6) FEET; TNENCE IJESTERLY AN THE " � �
<br />', SECTION LINE EIGNTY (80) FEET T0 THE POINT:OF DEGINNIN6: ' '�s
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<br /> togedicr wilB all Ihe tenements,hercditaments and appurlenanirs therc�nlo bclonging,including attached paor cwcdngs,all��indow atteens, ;� � ; �
<br /> q•indow shadea,blinds,storm�cindo�cs,a�rning:,heating,ai�condilioning,and plwnbing and�caterrc{uipment and ocassuries therelo,pumps,stu�es, e ? a�{;::
<br />: "`refrigcratnti,and uther fixturcs and cyu(pment nu���ur herea(ter a�tached ro or used in cvnnectfun���iHi saiJ real estate; _ � �: - '"' b,;
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<br /> And i��hcrcas tlu s�id mortgagurJias agreed anJ dues hcrehy agrce that the mo�tgagur shail anS wfll pay atl iaaes an�i assea�mente Ic��ed ur 1 L �:
<br /> asscased.upun said picmiscs and upon tliis mac�gagc and dic�ond sccureJ thcreby befure thc same sl�all hcrnme dclinquent;ro fUminli appro�Yd ., �,�;
<br /> y insi�raiicc upon tiu buflJings on said prcmises situated tn the sum u(S 21�200.OO. payaUle:lo salS ASSOCIA1'ION anJ to Jelittir.tu safd +,rs
<br /> ASSOCIATiq\thd{wlicics 1'or said insurance;and nut lo cnnnnit ar permit any�rastc un ur atwut said prcmiscr, y ,', n
<br /> In case uf dcfault in the pertormance oCxny uf the terms and�rondilions uf this nwrtgage ur the band fecurcd hercb}•,tlu inonQx�ce stiall�
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<br />' on dcniand,bc entitled to inunediate posscssiomuf the mortgaged prcmiscs and thc muctgagar l�crc6y.auigns.transfers and sets o��r ta the " '� t �'":
<br /> mnrtgagec all thc.rcnts,rc�tnue:and incumc to yc deri�rod from the murigaged premiscs during such tunc a:the lnungage inJebtednesa shall rzmain ° � i :
<br />. - unpaid:and tlic mortgagec sliall lia�c thc�wwer ro apEwint any aFent ur agen�s il may Jcsirc foCthe pu�puse of.rcpai�ing said prcmises an1 renting., $ ,<'
<br />,' the same and rnliccting lhc rcnts,rc�tinucs and inmmc,and i�may pay aut o(wiJ inn�me all espcnscs of rcpairing said pamim:and necessary �'.
<br />�� n�mmizsionrand cr xnscs incurred in rcnting anJ mat�aRing tlic same anJ of�rollecting rcntals thercCcumt tlte balana rtmaining,if any,to l+e
<br /> applled totrard 1hc�ischarge qf said mor�gagc indchtcdness;thesc rights of thc nwrtgxgec may,be exercimd at any.timc ducing the existentt uf such
<br />' detault,itrcppecti�r of miy tempurary wahtr of the samc., ' ' ` < �-,
<br />� Thcx 14cxnts,hu��•e�c,a�c u n thc Condition,That if thc said\tort a r shall rc a taid loan on or bc(ore the matucitv af said shares b �
<br />`�" ^ paynun�;pay momhty tu said AtiS0�C1ATlDN uf Ihc sum spedficJ in the Ilun�ii secureJ licrehy as intcrcst and principal�n said loan,un ur befure
<br /> tlic Td�entieqi Jay�f cach and c�rn�month,unlil uid loan is Cully paid;pay all taxes anJ assessmenu Ic�icd againsl said premises and on this\lortgage f4 ;',
<br /> ' and the.l3und securcd thercby,hefore dolinyuency;fumish appm�cJ insuranee u�xm the 6uildings theremi in the sum uf S Zl�200.�� . N�ayahle ` : ;
<br /> '; to siW ASSUC(ATIO�:repay to said ASSOCIATION uFwn dcmand all muncv by it paid fur such tases,asussment:and insurance��iih Intcre:t at ':
<br />�,i 1hc matitumn Icgal ralc tlurcon from datc u(pa��ment all uCwhich\lortgagorlierc6y agmes to pay;pemiit nu�rarie on said premixs;kecp and oumply
<br /> '� Nith all ihc agrecments and conditions of ihc BonJ for S Z1�20�.�� ihis day gi�en by thc saiJ 1lo�tgagor tu said ASSOC;IATIO\,und cvmply �
<br /> with aII�he ceyui�cmcnis uf the ConstltWion anJ tlyLaws al':aid,1SSUCIA710\;Ihcn thcsc prcsenta shall becvme null and�vid,othc�N�lse they !
<br /> shall remain in fult I'urcc and may bc foretlomd at the optinn uf thc said ASSIX;LITION altcrfailarc fiir thrce munths ta make any uf safd ! �
<br /> � - payments'ur Ix thmc months in aircars in making vid tnumhh•payntents,i�r 1u kcep and�vmply a•ith thc agreemcnts mid�vnditions uf safd I)onJ;
<br /> and\forlFagur agrces tu have a tecei�rr appointed furth�cilh in such torcclosurc proceedings.
<br /> � tC thcrc is any changc in o�enership uf thc rcal esWtc martgagcd hcrcin,b��salc ar uthenvise,thcn tiic cntire reroalning inJebtedneu hcreb?
<br /> ' ucurc8 shall,ol the optiun uCThe Equila6le 13uiiding and Loan Aswciatiun of G�and 1sland.Ncbraske,bemme immediatelv duc and pavable�rithuut
<br /> ' futthcr nmicc,and Uic amuwu rcmaining�ue undcr said bond;and anq uthe�bond fur any addittunal aJ�an�roa made Ihe�cundcr,sjiail,frum thc ; `" �'
<br /> j `Jatc u!excrcisc of saW oplion,bcyr iNetcse at tlic maximum Icgal�ate,and Ihis tnurtgagc may thcn bc farcclumd to satisfy thc amuunt due un sald
<br /> � . bond,and any othcr 6and for additiunal ad�ances,logethcr with a0 suun paid by satS Thc G�uita6lc puilding anJ Loan Assuciatian uf GranJ Island,
<br /> Kebmska fur ineucance;Yares and aucs:mrnt:,ond abitracting extensiun chargea,���ilit in�ercst diercon,from date of payment et the maximum
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<br /> As�pro�ided in lhe Dond uCwed hercbVy while Ihis mortgagc remaiiis in effrct the murtgagee�roay hercafrer ad�ance addiUonal sum�W the
<br /> n�akers af said llond,their auigns or succe�sors in intercst,�vh(ch sums ahall 6e within the securiry af this mortgage the same u the funds uti�inalty
<br />�,.� " ucured thcreEq;Uu tutal amount uf prineipal debt not to esceed at any timc thc utiginal amount of Ihis mortgage.
<br /> � na��a�nu 24th i yn� ,Januai.y ,1.o..�977 �
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<br /> 5TATGOFNIiDl2A5KA. ,beforcme, i. -:
<br /> � ss. Onthis 24th dayot January iv77
<br /> courm•or•i�nLL�
<br /> thc undctsigncd,a Nutery�t'ubltc in and fur safd County,persunally came 's'� ' �}�,
<br /> Maxon::E Leth and.Sharon K. Leth.each in his and her oivn right and��,�� spar�e �������,I���gNtfi�r '' iS . � � �; ;
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<br /> mc to bc tf M� w�g-' c whou namcg� ,�r� ' af(ized lo lhe abu�r instmment as mongagu6 and tI10Y se�crally ' ,, ti W
<br /> ackno kel�did'E�i�l� enllobc th@�t' �vlunlaryactanJJced. � �.�,, ���
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<br /> ; � 4 11�t1'! � tn, ianJ and Nolarial Scal the datc afurcsaid., r t!� 3 �
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