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<br /> n�oarcnce
<br /> 610RTGAGGLOAN NO.� z2,540 MGIC
<br /> KNOWALLMC•NBYTHESEPRGSENTS:That W. Wrenn Lesher and Cecelia A. Lesher, BdCh 111 f175 dfld;her
<br /> � own right and as spouse of each other,
<br /> ; Mort gor,whether one or more,in consideration of Iha sum of
<br /> Twenty-eight Thousand Eight Hundred and No/100--------�---- ------------
<br /> DOLLARS
<br /> loaned to said mortgegor by The 8yuitable BuHding and Lu�n Association o(Crand Istand,Nebraska,Mortgagee,upon 288 sLams uf stock of
<br /> said ASSOCIATION,Certifcate No,L 22,540 MGIC,do hereby grant,wm�ey and murtgage unto die said ASSOClATION the loUowing
<br /> dcscribeJ�eal estate,situatcd in Hall County,Nebraska:
<br /> LOT ELEVEN (11), IN 6LOCK ONE (1), IN BOGG'S
<br /> AND HILL'S ADDITION TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
<br /> tugelhrr rvith all the �cnements,hcrcditaments and appurtenances thereunto belonging,including attached floor co�erings,all window screens,
<br /> u•induw sl�ades,blinds,storm windo���s,awnings,heating,air conditioning,and plumhing and wnter equipment and acceswries lhere[o,pumps,stoves, . . � .
<br /> � refrigeralurs,and other fixwres and equipment ww ur here�fter attached tu ur used in connection wilh said real estate. - . .� � .
<br /> r �
<br /> � : And whereax tlie said mnrteavnt.h.ag yy,ree�l a�d d�es hen•hy ay,rer!Ilal 4hP m�tt�ya�nr�.y:yii_nd wi!t my pll r_vng_;;rf'S"'�;.;;,<I.y_..1 n,. :, . .. ... . ��.�...
<br />� . assess�d upon saiJ prtmises and upon diis muttgage and the bond secured thereby befure tl�e seme shall become delinquent;to Curnish approved � � �
<br /> insurance upou tlie buildings on said premiscs situaled in the sum oC S P$�$��.Q� pa)'able to said ASSOCG�TlO� and to deliver tu said
<br /> ASSOCIATIO�'the pulicies for said ii�surance;and not to commit or permit any waste on or about said pruniser,
<br /> . In case uf default in the perfurrnance ol'any of the terms�nd conditions uf diis nwrtgage o�ihe bond secured hcreby,Ihe mortgagee shall, . � �� �
<br /> un demanJ,bc entiUed to immedi�te possession uf thc mortgaged premises and the murtgagor l�eteby assigns, tr:+nsfets and sets over to tl�e , .. . . �
<br /> mortgagee aIl thc rents,revenues and income to 6e deri�•ed from the mortgageJ premises during such time xs the mortgage indebtedness siutll remain �. �
<br /> � unpaid:�nd th^.mocl�gre shall have the puwer ro appoint any agent ur agems it may desire fur dte purpose of repairing taid premisox and renting � � .
<br /> � the same and mllecting the rents,rerrnues and incume,and il may pay out of said income all expenses of repairing said premises and necessary � � � .
<br /> commissions and exprnxs incurrc:l in rrnting und m�naging the same and uf collecting rentals d�ere(rom; the balana remaining,if zny,m he .. ... �
<br /> � ayplied tuward die disch�r@e of said mungage indebiedness:these�ights uf the murtgagre may be exercised at any time during the existence of such
<br /> � dafautt.ir�espactivr uf a�ry•tempuraiy�aaivrr ut the s:rme. .
<br /> - Thcse Presents,huwever,are upun ihc Condnion.Th�t if ihe said�turtgagur shall repay said loaa on or before the maturiry of said sl�eres by � . ,
<br /> p�ymeni;pay monthly to s�id ASSOCIATIO\o(the smn specified in the Bond secured hereby as interest and principxl un said loan,on or befum
<br /> �� die T�+'entieth day n!each and evrry:nonth,until said luan is fully paid;pay all laxes and asiessments levied agninst sa�d premie:s and un this Alortgage .
<br /> and the f3und secured thereby,befurc delinquency:fumish appmved insurance upon[he buildings thercun in Aie sum of S 28�$�Q.QQ P�)'able �
<br /> !O 581(I ASSOCI�TIOi�:IP�IJ\'IU)91(I ASSOCIATIn�upon denund ail muney by it paiJ tix such taxes,nesessments and insurancr with interest at � �
<br /> thc maxinmm leg�l rate thercun Gom date oC pa�aneut�II of•.vhich 9fongagur he�eby�gree��u pay;permit no�vasce on said prrmises;keep and comply �
<br /> �vi�h all the agreemenls and condiiiuns ol ihe l3ond lor$ZH��00•�� this day giren 6y the said!�toetgagor[o said ASSO(:IATIO�,and comply .
<br /> �cith ull thc�cyuiremrnts of the Cunstitution and(Sy-Laws of said ASS(X'IATION;ihen these presents:hall becume null and eoid,otherwise they
<br /> � shall remain in lull(urcr and may be tbrecloxJ at ihe uptiun ul the s�id ASSOCIATlO\' atter Cailure (or lhree months to make nny of said
<br /> payments ur br three iuunths in arrears in m�king saiJ monthly paymzuts.ur W kcep and comply with dte agreements anJ condilion:of ssid BonJ; �
<br /> and lfurtgaEur a@�ecs iu have a rceeicer uppuinied forthw�ith in wch(oreclusure proceedings.
<br /> I(tliere is any change in uwncrship ol Ihe«al estate mortgaged herein,hy salc ur otherwise,then the entim remsining indebtadness hereby
<br /> secured sh�ll,at the op�iun ul The liyuiteble Building and Loan Aswciatiw�uf G�end Islend,Nebraska,becume immediately due and paya6lz withaut
<br /> (urthec nuiire,ariJ the:�mowu remaining due under s�id bund,and any uther bond(or any addition�l ad�ances mnde thereunder,shall,from the
<br /> d�te uf exercise uf�id option,bexr iNeres�at the maximum Iegal rate,and this nrortgage may then be foreclosed to satis(y the amount due on said
<br /> bond,and any uther bund for additional advances,w�ether with�Il sums paid by said'1'he Equitable fiuilding and Loan Associatiun uf Grand Idand,
<br /> 'debraska(or insu�ance,taxes and asxssments,and�bstracting extension charges,with inte�est thereon, from date uf payment at the maximum
<br /> Icgalratc.
<br /> As provided in the BonJ secured hereby,while this murt�ge�em�ins in effect ihe mortgagee may hercafter advancr additiunal smns tu the
<br /> . makers of said Bond,�heir assigns or succeuurs in interrst,which swns shall be within the xcurity of�his mortgage the same as the funds otiginally
<br /> ucured thereby,ihe total amuunt uf piincipal debi not tu excaeJ at any time d�c uriginal amuunt o(lhis mortgage.
<br /> - U�ted il�is 16th d�y o( February ,�.D.,I<J 77 �
<br /> -�c` zc!Lj_ � :�����_�_.� ' ._��,.� �l ,,��-�:�:_�
<br /> '��renn es er " Cecelia A. Les er
<br />� :
<br /> STATE Of NC•6RASF:A,� �
<br />��� ss. On this 16th day of FEbruary I J �� ,be(me me,
<br />°��� COL'NTl'OP HALL
<br />���< the undersigned,x Notary Public in and for said County,persunally rame ,_ �
<br />�x, W. 4lrenn Lesher and Cecelia A. Lesher, each in his and her ov+n righ�thand�r�s spouweii k�owco , N ,,-�
<br />�� othg.r_., �' Y
<br />��,�`-� ,t�F+��t,���� person S wtiosc nama S dre affixed to the above instrument as rnortgagor 5 andtheY �y�+;fyp�� � � �
<br />{�; � �t��cj�`.t��3fc��stmment tu be thei r culuntary act and decd. h . �
<br /> '� (�.�` • > �'�hIT14�(�{S my hand and Notarial Seal the date afuresaid. .
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