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<br /> RNOWALL�iGNi3YTHCSEPRtiJE\TS:That• R@9@I1C,y COIISLPUCt1011� II1C.� a corporation
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<br /> ___Murtgagor_H•hethei une or more,im m�sidewtiun of the sum oC
<br /> � Thirtv-five Thousand and No/100---------------- ------ ���,�Ai�
<br /> ' IoaneS to said mortgagur by 7'he 6yuita6le liuilding an1 Loan Association of Crand Island.�cAraska,�fortgagee,upon 358 shares of stock ot
<br /> said ASSOt'IATION,Certifiqte �o:L 22 5Qp ,du heizby grant,comroy and muctgage wiro lhc said ASSU(:IATlON die folbwing-
<br /> deicribed real estatc,situated in flall Cuunty',hcGraska:
<br /> ! LOT S[VEN (7) WESTERN HEIGHTS SECOND
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<br /> SUdDIVISION, ilAlL COUNTY, NEIiRASKA.
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<br /> � togethtt wilh xll tlic tenemenls,hercditaiuents and appurlenances thereuntu belunging,including altadied Itoor�ro�r�ings,-al'I wmduw screene, �-
<br /> window shadcs.blinds,SWI01 N'1111�UN'S.eN'illtl�'F�hcating,aii��mdilioning,auJ plumbing and watc�eyuipment and ac�rssuriex titcretu,pumps.ato�ta, � -
<br /> rcfrigc�ators,and uther fixtures and cyuipmcnt nuw or hercaftcr atladicd to or used in cunnccuun��'ilh said�cal es�ale.
<br /> � And whereas ihe saiJ murtgagm has agrced and does hercby agrce that the mmtgagur si�all and will pay all�axes and asusaments Ic�ied or
<br /> .. asxssed u�nm�id premixs snd upon lhis morigage aod the bund srcured t�iemly bcl'ure the same shall becume delinquent:to furnisli appro�zd�.
<br /> insurancc upon the buildings on said premiscs simatcd in�hc smn ul'S 35� Q�.�� pa�•able to siid ASSCH.IATIUN and tu deli�er lu said
<br /> ASSOCG�TION the policics for said inswantt:and nut tu contmit ur permil any wastc un or abuol said prcmires:
<br /> ln case uf default in the pedbrmance of auy of�he tennx anJ condiliuns uf this muugage or ihe bond secured liereby,the murtgagee shall,
<br /> � :; on demanJ,l�c entitled to immeJiate posscssiun ol Ih�moitgagcd premises and 1he muitEagur herebp assigns, transkis and sets u�tr (a Ihe
<br /> � murtgagee all�he�culs,rcvenucs and incume ro bc derived frum thc murtgugc�premices Juring such tinu as the uwrtgage inJe6�cdness shaU remnin � � .
<br /> unpaid:and thc mortgagee shall ha�ti thc�xiacr lo appuinl any agcnl ur agents it may Jcsirc(ur tlic purywsc ol'rcpairi��said premises anJ renlii�
<br /> the s�me and rulleciing the rents,re�enues and income,and it may pay uut uf said incume all es�Knses uf repairing saiJ p�emises and necessaq�
<br /> tonunissions and c�}xnses tncutted in renling and managhig the same and uf.ullectiug rentals the[el�om; lhe balance rcmaining,if any,to be . . ,
<br /> ' ? applied lo�cxrd Ihe discha�ge o�said ntortga�e inJebtedness:�hCx rit;hls uf Ihe nwrlgagee map be ecercised a�mry time dwing the existence uf such
<br /> defaul�,irtaapecti�T of any icntporaq��raiccr uf U�e samc.
<br /> �f Thcx Yrescnls.Iwwe��cr,a�e upon Ihc CunJitiun.1�hat il ihc said pto�lgagur shall�cpav s;nd lo;w ou or L+efurc thc ma�uri�y uf said ahates b�• �. �
<br /> payment;pay muntlily lo said ASSOCIe\TIO\ol'Ilic sum specilicJ in tlic IlonJ ac.ured herelry as inlcrest and prineipal on said loan,un m L+cfurc
<br /> �he Twenticlh dap of cach anJ even�month.until saiJ lu:m is lidiq paid:pay all Iaccs and asscssmcnts IcrieJ aKainst said premises and on d�ls�lurtgage
<br /> and the tiond sccurcd Hicicby,bcfure dclinyucncy:(umish app�o��cd insurunce upou�hc buildings theteun in lhc sum ul'3 35����.Q� yaya6lc
<br /> to s�id ASSUCIATIOV:IC�>8\'IU S�W ASS(KI.4TION upun demand all muucy by i�paid fur sucli�ases,assessmena anJ insutance with inleies�al - .
<br /> � �{ thr maximum iegat�ate Ihenun Ram datc uf paymcnt all o(��9�id���o�tgagu�hercby ag�ecs w pay:�Munit nu waste on said prcmiees:keep anJ comply � �� � � � ,
<br /> wiW all the agrecmenis and conditions uf the Iloud for 5 35.���•Q� lhis day gi�rn by Ihe aaid�lurtgagur l�i said ASti0ClA71UN,aud cotuply .
<br /> wit6 all�he rryuirements uf the CunstiWtiun anJ By�l.uws o(said A55(X'IATION;then thesc presenls shall Lewme nuii and vuid,uthc�wise U�ey
<br /> shali�cntain in full lurcc aud may be fure.luscd at the up�i�m ol ihc said ,\SSO('IAIION a(lcr lailurc for livice munlhs lu maAc uny ol'xaid . . . � .� �
<br /> - payments or Ue three munths iu xucars in making saiJ munihly paymcnts,or tu Aeep and comply��•ith lhe ag[eemeuts m�d cundilions of said llond:
<br /> anJ Morlgagor agrces�u Icnr a mcciver appuinteJ(urll�wilh in sueh loreclusu�e�noceeding�. . . .
<br /> � I(thcro is any change in owncrship ul tlie iral csla�r tnurtgaged hcmiu,b>•salc or utlierwisc.Ihen Iiic emire remaining indeblednes�lieiehy
<br /> sccurcJ shall,al lhc oplim�ul'Thc Equilablv 11uilJing and Luan elswcialiun uf Grand Island,Ncbraska,bccumc immedintcly Jue and puyablc witlwul
<br /> fu�thcr nolicc,anJ q�e anwunl rcmaining Juc undcr said boud,and any ulhrr huud lur any additi�uial adranas made lhcreundcr,shall,frum Ihc
<br /> ��,��. datc uf excrcisc uf said oplion,bcar iulricst at Ilie maximmu Icgal ralc,anJ�liis mu�lµagr may Uten bc foreclused to saliel'y 1he amount duc un said � � .
<br /> bunJ,and any uilicr bund fur addi�ional aJvan�cs.logcihcr witli all snms paid by saiS'I hc L•yuita6lc Uuilding and Loan Assuciatfon nf G�and Island,
<br /> Nebraska for insu�ance,laxes and ussessnunis,and abslracling eslensiun cha�pes,wiih inlcrcsl �he�cun, f�um date of payment at Ihe maxonunt
<br /> Icgal rale.
<br /> As providcd in Uic Bund secwed here6y.whilc Ihiy nw�lgagc remains in ef(ecl the morlgugee tuay hercafler ad�anee udditiunal suma lu lhe
<br /> makcts of said Bnnd.Utcir assigns ur suttcssurs iu inlcrest.\Yllll'II SUIIIH SI10II�C\191I1111 II1C SCl'llfllV lfI llliS IIIU[l�'B�LC(IIC 5711ID L3 UIC IIItl1I9lfI�'IIIBII)'
<br /> secumd thereby.d�e tolal amounl uf piincipal debl�w�tu exceed al any time llie u�i�;inal amount ul Il�is murlgage.
<br /> .� �,��a ud: 5th `�'>'01 January .� n.����7
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<br /> STATEUfNIiURASKA, 5� p����i�s 25th i�;�.��( Januar ���
<br /> COUNTY OF IIALL� > y �'- ,befurc mc,
<br /> Ihe undernigncd a N��taq�Pu lic in and for saW Cuunl,v,��eisuuallyeame M� �s�`
<br /> Regenc Construction, Inc., a corporation, Roger W. Luf�, I'resi�ent � � •
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<br /> '`r lu aplMnujr� twn � whoac nanu � K B vY� . � , .
<br /> l Cp {S aCfised to thc above insUument as mmt e o� anJ �le K�
<br /> ac�f i b w�e dge d f h�'ta f d i� rorocnt tu be I 1 1 5 w lunWiy oct and dee d. � T;
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<br /> tdfJTORY �4p�E my hand and Nntarial5c�l tlic datc nlbresaid. l ��
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