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<br /> AfORTCAGL'
<br /> ��o�aTcn��r�onn no.,_L22,526
<br /> KNOW AlL UGN HY Ttl[SC•PRGS[NTS:That DW1�I1C D. Johnson and Pamel a A. JOI1t150i1 @dCll i n hi s and
<br /> � her own right and as spouse of each other
<br /> �furtgagor,���hethcr one o�morc,in cvnsiSerstiun uC the:um uf
<br /> ' Thirtv-One Thousand One Hundred and No/100----------------------------------------uo��.n��
<br /> loaned lo said nwrtgzgur 6y 1'hc liquital�le liuiiJing and Luan Association ui Grand Island,�e6asku,Mortgagce,u�wn 311 shares oC ctock uC
<br /> said ASSU('IATION;C.utificate Na.L Z�,526 ,dn hcrcby grxnt,convey and murtgage unW lhe saiS ASSOCIATION the following
<br /> descnbed real estate,situated in Hall County,Nebraska:
<br /> ! � _
<br /> LOT ONE (1), IN aLOCK FIVE (5), IN 6EL-AIR
<br /> ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA.
<br /> together wi�h all ihe �enements,hendilamenls and appurtenances�hereumu FelouFing,inciuding attschcd Ilout ni�rrinps,all�vindow stmens, � � � -��
<br /> �vindow�sliades.blinJs,sionn�cinduws.:�wnings.heating,air cunditioning,and plumUing anJ water cyuipntenl;aid accessories lheretu,pumps,sto�'es,. �� . �
<br /> rcliigeraturs.and utlicr lielures and cyuipment nu���o�hcrcalter auacl�ed tu or used ni cunnrrlion���iih said real estate. � � � �
<br /> � ,...�,y�__;.�:��,��,;,�„,,,nr:�enr has scrced atid doCs hricb\'aRrcc that Ihe murlEago�shall xnJ�cill pay all taxes and asussmcnts Icvicl ur �
<br /> asscstrd upoa said premius vnJ upun this muc�gagc anJ thc bond uc �$u(1ooU�oefuro du�amc nLaii i2CJllit�211(iaUifit;S�1Ulii15fi'nj�li"J4Td '
<br /> insu�anw upun ihc LuilJings on said prrmocs�duatcd m thc sum ul 5�1.1 pacaLlc to uid ASS(XIAI'ION and to dcli�tt to saiS .. .
<br /> ASSO('IATION thc rul�cies lor said msurancc:and nut to comnut or{xrmit any�raatc on m aUout sziJ ptenuses;
<br /> In�a�c ul dcfauit m�i�c periunnance oFany uf ihe tcrms�nd conditions oi ihis murlgagc or ii�e bund sccurcd hcrcby,ti:e morlgagee 53iaii, _ ,
<br /> � on demand,Le entiqed to immcdi�le pussessiun ol'16c murtFaged premiscs and lhe murlFa�oc IicrcUy assiynt, transfcrs and sets o�tr lo tl�e � � �
<br /> nwrtgagac all the«nts,rc�renucs and incume lo be dcii�rd fiom lhe murtgaged premius durinE such linu aa the muttgage indebtedness shall remain ; . �
<br /> unpaid;and the ntnrlgagcc shall ha�r ihe puH'cr lo:tppoint any agcnt ur aFcnls il may dcsirc fur thc purpu�e of repairing said pttmieca and�enting
<br /> the same and coliccting thc rcnts,m�rnues and incume,and il m�y pay out of said incume �Il e�pensu oC repai�ing sxid premises and neessary
<br /> commissions and ezpcnxs incu�red in renting and managing the ume and nf collccting trntals ihercfrum:the balance remainfng,il'any,�o lx � . - �� . .
<br /> applieJ tu�vard the discharge ul said morlgage indc��edneu:lheti rights ul the nwrtgs};ee may be ccercised at any time during the ecistence of soch
<br /> delault,irres�xctivc o(any Icm�wraiy a�aiacr of thc samc. � �
<br /> 'fhcse Prescnt�,huH�c��cr,arc upun the t'unditiun,�I'lial il'thc said Alortgagor shall icpay saiJ luan on or belorc the matutily oC said shares by � �- �
<br /> � parmcnt;pay nxmqily to salJ ASSOCIATION of thc sum spcdGeS in Ihc l3und securcd hereby as intcrost and prmcipal on said Iuxn,un or beforc � � �
<br /> �he Twenlielh day ul rach and cren•month,unlil said loan�s lullq paiJ;pay all tases anS assessment�Ie�ied against uid premises a�td on tliis�turigage � � . � �
<br /> � anJ Ihc 13ond sccurcd�hcreby,bcfure dclinquency:tumish approvcd insu�anrc upon Ihc buiWings thcrcon in thc sum ul S 31�10�.0� p�pablc . . � � �
<br /> ' t��said ASSO('IATION:icpay�o said AtiS(XIATIOti upon dcmaud all muncy by it pa�d fur xud�tascs,asscssmcnu and insurar.cc e�ilh inlcroat at . .
<br /> the macintum Icgal�att llureun irom dalr ol payment all ul���hich�to;lgagun c�icby ug�ces lo pay;�xnnit nu waetc on said ptcmiscs:krep a�!d cvmply � . .
<br /> wiqi all tlie agrccments and mndrtious uf�hc ISund for S 31�1��.��this day gnen 1>y the said�lortgagur W uid ASSOl:lA7'10�,and inmpl�•
<br /> H•ith all tl�c rcyuiicmcnls ol thc Cunstitutiun and lip�La�rs ul said AtiS(X'IA7lON;lhcn Ihcse prc�cnls sli�ll bc�vmc null and vuiJ,uthen�isc lhcy
<br /> shall�cmaiu in ftdl forcc and may 6c forccluscd at thc opiion of thc said AS5(x'IATIOti uftcr (ailurc Ibr tluce muutl�s lo makc aity ul said
<br /> psynunts��r be ihrec mumhs in ancars in m�king said mumldy paytnents.oi tu kcep and comply��ith qie agreements anJ mndi�iuns ul said UunJ:
<br /> anJ�lorigago�agrccs w haee a rrceircc uF±puimed fuithwitl�in such furc.losurc procccdiugs.
<br /> 11 Iherc is any changc in uwnc�ship uf thc real estate murt�gcd herein,bq salc ur olhcr�vise,thcn Ihc entirc ieroaining inJcbtedncss heteby
<br /> sccured shali,at lhc opiion ul Thc liyuilablc l3uilding and Luan Assucialion of Grand Island,NebrasAa,bc�vme immrdiatcly duc and payablc��9thuut
<br /> furUicr nulicc.xnd�hc ainuuni rcmaining due unJcr said Uond,and an��other bund for am�additional ad�ancrs maJc thcrcundcr,sliatl.Gum thc ..
<br /> � date of esttcix o(said oplion,hear inicrest at Ihe tnasimum Icgal rate,and this murlgage maY then bc lurccloscd to satisly tlic amuun�due on said -
<br /> bund,and any uther bonJ fur additiunal adcances,Wgcthcr W�ith all swns paid b��wi1 Thc liyuitablc UuiWing and Luan Aswcialiun uf Grand Island.
<br /> Ncbraska for insurancc,�e%CS JOII USSCSSIi1C�115,nnd abstractingcalcnsion chatgcs,���ilh intcrest tl�crron.Irum datc o!payment et thc maximum �
<br /> IcRal ratc. �
<br /> As eruviJed in IL:Ilond sccurcJ hcrcby,whilc ihis�nortgage remains in cl�cct thc tnurlgagce may hereaficr ad�ance additional sums lo lhc � .
<br /> makcrs ot said IionJ.thcii assigns or succcssors in intcrcsl,which sums shall bc wid�in tl�c sccuriry of this mu�lgagc thc sanx as thc funds otiFinally
<br /> SCl'IICCII II10lCItY,U�c to�at amount of principal dcbi not�o csttcJ at any timc thc o�iginal amount ol this tnurlgage.
<br /> Datcd Ihis 9th `�"'°r Februdry :� �'.�"77
<br /> ✓ L���YD. ��,�
<br /> ,� "s�'O�A_ /(.4vf�"..��i'�-''
<br /> Pamela A. Joh �on
<br /> STATG OP NL•ORASI'v1. � p������s 9Lh da�•uf Ftbr-uar',Y f�i i i ,oclbtc me,
<br /> COUNTY Of UALL}
<br /> thc unJcrsikncd,a Notary Public in and for said l'uunty.persunalty camc ^.,�x� . .
<br /> Dwight D. Johnson and Pamela A. Johnson each in his and her o�vn ri�ht and as spou�e.of ���
<br /> ' each other "�u 81'C Pr sona y I.n�wn tu lV
<br /> me to bc thc identical persun S whosc name S are llnta�a i�u,��t,������,5«u„ iortgagur5 aud they s^vcrally �
<br /> L thei r "�
<br /> acknowlcSged the s�id instrumenl to tie vuluntarv�ct and decd. �
<br /> 1VITIVISS my hand anJ Notuial Sral thc datc aforcsaid. :, ��, � � ;
<br />� 11y Commfuim�cxpircs / J,L�����/•.�� �
<br /> . �s,t3 ��••�, r-it: ,.,, �..;,u) `~ �_�t_ Nutar-yl'i�i�
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