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<br /> 17. �Q�%i�Q
<br /> MORTGACC
<br /> MORTCACELOANI�O. L 22>53O
<br /> ' KNOWALLMENBYTFIL•SEPRESENTSiTliat TEPPy L. Lemburg and Re6ecca J. Lemburg each in his and
<br /> '° her own right and as spouse of each other
<br /> ; ______Mortgegor_whethe_one or more,in consideration of the sum ot
<br /> ° Thirt -three Thousand Five Hundred and No/100-
<br /> y ----"'----^---DOLLARS
<br /> loaned to said mopgagor by The Equitable Duilding anJ Luan Association of Crand Island,Nebraska,Mortgagee,upon 3 5 shares of smck of
<br /> said ASSOCIATION;Ce�tificate No.L ZP,530 ,do hereby grant,convey and mortgage unto the said.ASSOCIATION the Collowing
<br /> descri6ed real estate,situated in Hall County,Nebraska:
<br /> -'i
<br /> ,,,f �
<br /> LOT TWENTY-SIX , CAPITAL HEIGHTS SEVENTH
<br /> =-'.3. . . . . ' . . .
<br /> SUBDIVISION, HALL COUNTY, NEBRASKA.
<br /> Y
<br /> .; s
<br /> together H•ieh ail t}m tenements,hereditaments and appurtenance:.thereunto belonging,induding attached floor co�erings,all window screens,
<br /> . window shades,blinds,storm windows,awnings,heating,air wndilioning,and plumhing and waterequipment and acassories thcmto,pumps,stoves, � �� .
<br /> refrigerators,and other fixtu�es and equipmen[now or hereafter auached to or used in connection with said real estate.
<br /> � And whercas the said mortgagor has agreed and dues hereby agree that the mortgagor shall and wilt pay all taxes and asxssments levird or . �: . � .
<br /> assessed upon said premises and upon tius mmigage and the bond secuced there6y before ihe same shatl become delinqurn[;to furnish approved
<br /> insurana upon the buildines on said premises situated in the sum oC S 33,5��.�� payable tu said ASSOCIATION and to de(iver[o said
<br /> ASSOCIATfON[he policie:for said insucance;and not to commit or permit any waste on or ebout said premises:
<br /> In case ol dePaul[in[he periarmance of any ot the terms au1 conditians of thi;martgagc or the bond kcured he:eby,the r.loctr,ee shall,
<br /> on demanJ,bc tntitled to immediate possession oP�he mortgaged premises and the mortgagor hereby assigns, trantfers and sets over m Nie
<br /> mortgagee ell the rents,revenues and income to be deri�•ed Cmm the mortgaged premises during such[ime as ehe mortgage indebtedneu shall remain :
<br /> unpaid;and the tnurtgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br /> the same and collecting the rents,revenues and income,and i[may pay out of said income all expenses at mpairing said premises and nettssary
<br /> commissions and expenses incur�ed in renting and man�ging the same and of collecting rentals therefrom:the balanm remaining,if any,to be
<br /> applied toward the discha�ge oC said mortgage indebtedness;these rights vf the mortgagee may be exerciud a[any time during the existtnee af such .
<br /> ��1 defaWt,umspective of any�emporary waiver of the same. . . � � .
<br /> Thex Presents,however,are upon tht Condition,'Ihat if the ssid Uortgagur shall repay s�id loan on or before the maturiry of said shares by � . �
<br /> payment:Qay monthly to said ASSOCIATION of the sum specitied in the Bond secu�ed here6y as incerest and principai on said loan,on or 6eFore t
<br /> - the Twentieth day of eactt and even•month,until said loan is fully paid;pay ali tazes and asseuments levied a¢ainst said pmmises and on tfus Atortgage � - � �
<br /> and the Bond secuced thereby,beCore delinquency;furnish appro�ed insurance upon the buildings thereon in the sum ot 5 33.5�0.�� payable
<br /> to ssid ASSOCIATION;tepay to said ASSOC1AT10\upon demand all money by it paid(or<uch taxes,assessments and insurance with intttest at- � .
<br /> the maximum legal rate thereon frum datt uF payment all o(which Atongacor hercby agrees to p:�y:pemut no waste on said ptemises;keep and wmply � � .
<br /> with all the agreements and conditions of the Bond ior 5 33�SOO.00 Ihis day given by the said 9fortgagor[o said ASSOCIATIO\,and mmply �. .
<br /> with all the ceyuirrmenis of the Constitution and ByLaws of said ASSO(:IAT10N;then these pmsznls shali become n�ll and void,o[herwiu they : .
<br /> shall remain in full force and m•sy be foreclosed at the option of the said ASSOCIATIOV after f�ilure for lhree months to meko any of taid � � .
<br /> paymems or be three monihs in arraars in making said monthly payments,or to keep and wmply with the agreements and cunditions of said 13ond: � .
<br /> t����. and htongagor agrecs ro ha��e a receiver appointed forthwith in such foreciusure proccedings.
<br /> If there is any change in ownership of lhe reai estate mortgagcJ herein,by sale ur otlienvise,then the entire mmauting indeb[edness tiereby
<br /> setured shall,at the option of 71�e Equitable Building xnd Loan Association of Grund Itland,:�ebraika,becomt immediately due and payable withou[ � �
<br /> (urther nctice,and the amount remaining due under said bond,and any other bond tor ar�y additional advanres made Aureunder,shaU,from lhe
<br /> x�;'.-. date of exercise uf said op[ion,bear interest�t the maximum legal rate,and this mortgage may then be foredoxd to satis(y the amount due on said
<br /> bond,and any other bond for additional advances,tugether with all surtu paid by said 7he Equitable$uilding and Loan Association of Grand lsland, �
<br /> !:ebraska for insurance,ltuces and asSessments,and abstracting extension charges,with intemst thereon,Gom date o(payment at the maximum .
<br /> legal ra�a � � �
<br /> 1s providad in the Bond secured hereby,wlule ifiis mortg3ge remains in e((ect the mortgagee may hemafter adsance additional sums to the
<br /> mal:ers o(said Bond,thtir assigns or successors in interest,wtuch sums shall be within the securiry o(this mortgage the same as the funds originnlly � .
<br /> secu�ed thercby,the total amount of principal debi not to exceed a[any time the oriQinal amount ot this mortgage.
<br /> D�i�a�nu �lOth ady or February ,�.u..�v 77
<br /> .,% (I .
<br /> y u �to
<br /> Rebecca J. Lem rg
<br /> STATE OF TEBRASKA,�u On this l�th day of February 19�� ,beforc me,
<br /> COUN7Y OF HALL
<br /> � the undeni ed,a Not PubGe in and foc said Count erwnall wme -""�� 1"''''�
<br /> En ar1' Y.P Y s��,
<br /> Terry L. Lemburg and Rebecca J. Lemburg each in his and her own ri�,t�t and as s�ous� �f ro �
<br /> o rson y nown ro �
<br /> L,_ - y,���ib�'t4� �person S whose name S� dl'E' affixed to the above insvument as mortgagot5 are� they xverally .. � ;i-
<br /> r a�7eDoyYl�rdgE�1#eCsai rument to be thei r roluncary act and deed. �
<br /> f '� �SVI S my hand and Notarial Seal the date a(oresaid. � ,�\ ���' �, .
<br /> �. C�t 7 r}•� My� � ' ivn expues '
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<br /> � �% • ' � ' ' � , tary Pubtic
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