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<br /> MORTCAGE
<br /> � e�oRTcnce►.onx no L 22,528
<br /> � IQJOWpLLMENBYTHESEPRESENI'S:That Don f: McCleery and Bonnie �. McCleery, each in his and
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<br /> h 8I' DWII Pt(Pub dtld as s pouse of e ach OtI18T'� �tortgagor,whethet one or mote,in consideration of the sum uf
<br /> ; 7wentv three Thousand and No/100-------- ----------------------------- ------"' mua�
<br /> � losned to:aid modgagor hy The Equita6le Building and Luan Aswcislion of Crand IslanJ,.'hraska,Aloctgagee,upon Z30 shsres oC:rock ut ,
<br /> said ASSOCIATIOh,Certificate No.L 22�528 ,do hemby grant,com�ey and mortgega unro the said ASSOCfAT10N the foUowing
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<br /> dacri6e�reaLestate,situated in fiall County,Nebraska:
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<br /> , LOT SEVEN (7) IN BLOCK SEVENTEEN (17) IN COLLEGE
<br /> ADDITION TO WEST LA'dN, IN GRAND ISLAND, HALL COUNTY,
<br /> ' " NEBRASKA.
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<br /> togellmr with all the tenemants,liereditamems xnd appurtenance:iherountu 6elonginE,uiduding attscheJ 4uor cv�rerings,atl winduw scceens,
<br /> windm�sludes;blinds,stu�m H7ndows,awnings,heating,sir conditioning,and plumUing and e�ater equipment nnd acceuoriei therem,pumps,srovros,
<br /> rcfrigerators,and other fuwrcs and equipmuit now or hereafter attadicd to or used in eunnecuon with said rcsl estatc.
<br /> And whereas tha said morteagor has agreed and does I�ereby sgree that the mortgygur sl�all and will pay all taxrs and assemnents Ie�ied or
<br /> sssessed upon said premises and upon this mort�ge and thc bond secured Uxreby 6efum thc same sliall btcome definquent;to tucnish approeed
<br /> insurantt upon d�e buildings un said prcmisrs:iwateS in d�e sum ot S Z3�0�0.�� payable W said ASSOCIATIO.�' snd to dzGver to mid.
<br /> � ASSOCIATION the policies for said insmxnce:anS not to commit ur perrr.it any w�.te m�or xbout xiiJ prcmises, � � .
<br /> In case uf default in�he padormance oC any oC the tenns and conditions uf ihis mortgage oc the bond secuced hemU}',lhe mortgagee shall,
<br /> on dettund,be entitled to immediatr posxuiun ot the mortgaged premixs end Ihe niongagor hertby assigns, tcansfers and uts o�ror lo Aie
<br /> mungagee all Aie rents,rerenues and incume tu be deri��ed f�um thr nto�tgaged prcmises during such tiene as die mortge�e indebtedntn shaU remsin � . . �
<br /> � � �unpaid;and 4ie mortgsget sYull have the pua�er lo ap{wint any agent or agents it may desirc fm the purpou ot repaicing s�id premises and renting
<br /> the sime and collecting U�e rcnts,revenues and income,and it mny pay out oi said inrnme all espenses of repauing s.+id premises and necesssry
<br /> commissions and.expensrs incmrcd in renting and managing the same and o(coliecting ren[als thcrefrom;tho balantt remaining,il nnY,eo be
<br /> �'� �pptied tuward ihe discharge of said mort�age indebtedne:s;these rirlits uC the murtgagec may be tserciud at any time during the existence of such
<br /> dcfault,irrrspcctive oC anp tem}wrarv�ssiver of the same. `
<br /> These Pcestnts,hu��ever,arc upon the Condition,l'hat i(the said Alurtgagor shatl rcpay s�id loan on or bcforc the maturity of s�id thares hy �
<br /> paymenC pay montlily to said ASSOCIATION e(the sum sptcified in the Bond xcuud harcby as interest and principal on ssid luan,on or 6efore . ,
<br /> the Twentitlh day of each snd evaq•month,until said luan is Cully paid:pay all taxes at�d assetsments leeiedagainst said premius andon Wu Dtortgsge � � . �
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<br /> and the Hond secured thercby,before dolinyuency;fumish appruved insurana upun the buildings thercon in the sum of 5 23�QQQ.Q� payable � � �
<br /> to said ASSOCIATION;repay to said ASSOCIATlON upon demand aU muney 6y it paid fur suclt taxts,assassmrnts and insunne:tivith ivterat at .
<br /> the m�ximum tegsl rate checeon from date of payment ali of which Dtocteagur Lercby ag�as tu pay;permit no wastc on said pmmixs;Aeep and comply
<br /> witL all thc aereements and conJitions of thr Bond fo�S Z3����.�� this day�iven by the s:�id�fongagor to s3id ASSOCIATION,and mmply
<br /> ���ith all the requuemrnts uf thc Constitution anJ By-Law�s oC s�id 1S50C'IATION;then these preunts sl�all bemnu nuil snd roid,othe��ise they
<br /> shsil remain in iuil force and may 6e Coredosed at thr optiun uC thc svid ASSOCIATION alter failure Cnr thrce monihs to maka any of saiS
<br /> payme�us or be thJea nwnths in auears in making said momhly papme�us,oc w kcep and cumply uith the agrcements and conditiuns uC said Uond;
<br /> and l.lortgagar agrees w ha��c a�eaiver appointed forthwith in such foreclosurc proceeSings. �. - �
<br /> !f the¢is any change in ownerstilp of the real estato mortgagcd herein,by sale m otharwisn,then the entire remsining indebtedness hereby
<br /> securad shall,at the uption of Thc L•quitable Building and Loan Association o(Grand lsiand,hebraska,become immediately due and payable without
<br /> (urthcr notitt.and thc amount remaining due under s:�id bond,and�ny other bond tor xny additionyl ad�antts made thereunder,shalt,frum the
<br /> date uC esercix uf said option,besr interest at the mavmum iegal rate,and this mortgsge may then be furcclosrd to s�tisfy the amount due un snid
<br /> bond,and any other bond for additionyl ad�ances,togethcr with all sums pyid by said The Gquitahle Huilding snd Laan Association of Grand[sland,
<br /> \ebraska(o[insurance,taxes and uxssments,and abstracting exunvun charges.wilh incemst thttron,Crom Jale u(payment at the m�ximum
<br /> IeEaltale.
<br /> As providcd in the Bond secured here6y,while this n:ortgage rtmnins in efCect the murtgaga may hereai�er adr-ana adSitional sums m the
<br /> - makers of said Bond,iheir anigns ur successurs in iNemst,wluch sums shail be within:he security of this murtgage the samn as the fund:ori�inaUy . .
<br /> ucwed thereby,the total amuunt ul principai debt not to esceed at any�ime the original amount of this mortgage.
<br /> D�na ci,u_-� Oth a�r.�r February .� ,�.�.,�9 7.�
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<br /> on , ery Bonnie J. McCleery
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<br /> STATE OF NEBi2ASf:A, u On this 10th Sny of February l9 �� ,bctorc me,
<br /> COUNTY OF HALL} 1
<br /> thc underu od,a Notary Pubtic in and f r said County,perwnally q e -;.:�,� F,,
<br /> Don E. McCleery and Bonnie J. McCleery, each in his an�her own right an� as spouse of eac�i � , :
<br /> "' ��""'^- "'n°are pvsonally knawn ro .��t4
<br /> other �,'�. t, •�,. �
<br /> , � me lo be the idrntipl pttson S w'hose namt,$`��!'� • effjxeil'to lhe nbove instrument as mortgagor 5 and they severally � �,'
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<br /> acknowledged ttu said Instrument to be thel T'f:� vvluntary act pnd de¢d /� �.. F'
<br /> WITNFSS my hand und Nc anll Sr.�the dete eforesvd; ,, / �
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<br /> 9ty Commission exPues,L 1�J� 7. j�'fr.s ./` .G J 6�1.�,� �_,� j�.!
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