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<br /> :+fORTGACELOANNO. L Z2,539
<br /> F:NOWALLMENBYTHFSEPRFSCNlS:That Melvin G. Legg and Jacquelyn Legg, each in his and her
<br /> � own right and as spouse;of each other,
<br /> _____htortgagor_whelher one or more,in consideration of the eum oC
<br /> ' Nineteen Thousu^d Five Hundred and N0/100----- --------
<br /> DOLLARS
<br /> loaned to said mortgagor by The Equitable Building and Luan Associstion ot Crand lsland,Nsbraska,llortgagee,upon 195 ahues oC stock of
<br /> ssid ASSOCIATION,Certificate No.L 22,539 ,10 hereby grant,wnvey and mortgage unto the said ASSOCIATlON the following
<br /> j
<br /> described real estate,utuated in Hall County,Nebraska:
<br /> � LOTS ONE (1), TWO (2), AND TNREE (3j IN BLOCK TWO (2) OF
<br /> FIRST ADDITION TO THE TO'�lN OF CAIRO, HALL COUNTY, NEBRASKA.
<br /> � �r
<br /> � togeiherwith all che tenemrnts,heredicamcn�s and appurtenances thereunto belone,ing,inciuding attached floor coverings,all winJow screens,
<br /> window shades,blinds,storm windows,awnings,heating,air wnditioning,and plumbing and waterequipment and acceswries thereto,pumps,sroves,
<br /> reGige�ato[s,and other fixmres and equipment now or hereatter attached to or used im m�nection x�ith said real utate.
<br /> And whereas the said mortgagor has agreed and does here6y agree that the murtgaeor shall and will pay ail taxes and asussments levied w
<br /> --_-x„;;F.,-„ -�p; „-�;;Y„ ;!;:• �d�!`•�-�A•• ••�+h•rrhy hP(nrP�he c�me:hall Mecome delinauenr.to furnish aoproved �
<br /> insurance upon ihe buildings on said premiuz:iivated in ihe sum of S ;9�500.OQ payable to said ASSOCIATION and to dcli�Yr to said
<br /> ASSOCIATION tlie pulicies!or said inscrance;and not to commit or permit any wa:te on or about said pmmiser.
<br /> In case of default in the performance of any of the terms and condition:ot this mortgage or the bond secured hereby,the mortgagee shall,
<br /> on demand,be entitled to imtnediate possession of the mortgaged premises and the morteagor hemby assigns, transfers and uts over to the
<br /> moctgagee all the rents,revenues and income to be derived Crom the mortgaged premises during such time ss the mortgage indebtedneas shall remain
<br /> ;? unpaid;and the mortgagee shali have the power to appoint any agant oi agentS it may desire fo�the purpose oC rep3itiug sud premises and rrn[ing . � _� . . �.�
<br /> ' .��: � [he same and coUecting the irnts,revenues and income,and it may pay out of svd incomo all expensez oi repairing ssid premises and.nettsssry. . . . . . .. . . _._. ��.�-�.
<br /> commissions and exper.ses incuned in unting aad r[unaeing the same and oC collecting rentals therefrom:the balance remsining,if any,to be � - � .
<br /> applied tow;trd the diuharge of said mortgage indebtedness;these riv.hts oi the mortgagee rnay be execcised at any time during the existence of such . �
<br /> default,irmspective of any temporan�waiver of the same. . � �
<br /> �� �� These Presents,however,ate u n the Condition,That if the said Mori . � � �
<br /> po gagor shzll repay ssid loan on or before[he maturity ot said shaces by
<br /> p�yment;pay monthly m said ASSOC1ATlON of the wm speciGed in the f3und secured hereby at interest and principal an said 1oan,on or betom � � -�
<br /> the Tw'en�ieth day o(each and eveq•month,until said loan is fulh-paid;pay all taxes and assessments leviad against said premise:and on this Afortgage � �
<br /> � and the Bond xcured thereby,beCore delinquency;(umisL approved insurance upon the buildings thereon in the sum ot'S�9+5�0•�� payable � . � .
<br /> to said ASSOCIATION;rcpxy to said ASSOCIATIOti upon Jemand all money hy it paid for such taxes,azsasments and insursnce with intetest at � .
<br /> the maximum legal rate themon from date of paymrnt atl of which\f o�tgagor hereby agrees to p3y;permit no waste on said premises;keep and comply . . .�
<br /> - u�ith all the aereements and conditions of the Bond for 519�5��.�0 this day given by Ihe s�id Atortgagor to said ASSOCIATION,and comply
<br /> with all the requuunents of the Constitu[ion and By-L.aws ot said ASSOCIA710N:then theu presents shall becutne null and�•oid,otherwise they
<br /> shall temain in full force�nd may bc forcclosed at che opifon oC the said ASSOCIATION aCeer failure for thue monihs to make any of s�id
<br /> paqments or be thme montlu in arreais in making said mondily payments,ur to keep and comply with the agleements and conditions of said[�und; _ � -
<br /> � and Mortgagor agrees to have a rcctirer appciinted forthwith in such(oreclosure proceedings. . �
<br /> . IC there is any change in owncrship of Ihe roal estate mort�agcd herein,by sa+le or otherwise,then the rntire remsining indtbtedntss hereby � � �
<br /> secured sha11,at the option of The Equitable Building and Loan Association oCG�anJ Island,Nebraska,become immediatoly due and paya6k without
<br /> (urthcr notice,and the amount remaining due under said bond,and any other bond for any additional advanas msde thereunder,shaU,Crom tha
<br /> date of exetciu of said option,bear interes[at the maximum legal rate,and tltis mongage may then be forecloud to rdtisfy the amount due on said
<br /> bond,and any othet bond ior additional ad�ances,together with all sums paiJ by said Thc Equitable Building and Loan Association of Grand l�land,
<br /> Nebraska for insurance,taxes and assessments,and absvac[ing extension charges,H•iih interest theieon,from date o(payment at the maximum
<br /> - tcgal tata
<br /> As pmvidcd in Ihe 6ond seeuizd heceby,while this mott�age�ertwins in etfat the mortgagee may he�eatier advance xdditional sums ro the �
<br /> makers of said BonJ,their assigns or wcassors in interes[,which sumn shall be within the srcurity of this mortgage the same as the funds originally
<br /> ucured thercby,the tota!amount of principal debt not to exceed at any time the original amount of this mon�a �
<br /> Dated this 15th d'>"°C •February �.°.,19 77
<br /> � . /�
<br /> e v nn/ e99 i�/,,.. /.-.-, �cr��
<br /> � JacqueA�yn Le g ' '✓
<br /> STATE OF NEBRASKA,�ss. On this ��th day of February �9�� ,beforo me,
<br /> COIJNTY OF HALL
<br /> � ��Yl ll �. Le and Jae uel n Le he undersipncd,a Notary P blic in and for:aid County,perwnall e ��I ��'
<br /> gg q y gg, each in his and her own rigKt and as spouse of eac�i`o�her,
<br /> ' �_._+.�1„ 1, who dre Pusonallyknownro ` N
<br /> L me to be the identical person 5 whoseuame5• g['8-h afHxed to the above insuumcne as mongagor S and th2y se�rrally �
<br /> :- �.
<br /> ackoowledged the said instrument to be f�121�`;,t vrotuniai}ad`and deed. t�
<br /> W7TKFS5 my hand and:N"�tadat'Sezl thc datdafprcsaid. �
<br /> My Commission expiretl�j�G._.'.7 .fG�'i f� (i �////� .
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