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<br />�' AfORTCAGL
<br /> AtORTGACEL0ANN0. �ZZ,561
<br /> KNOWALLDIL'NBYTtlESEPRESENTS:'that Howard W. Legg and Lorena I. Legg each in his and her own
<br /> � right and as spouse of each other �
<br /> ________ Mortgagor_whetheroneormore,inwnsiderationofthesumof
<br /> Forty Thousand and No/100----------------- --"""""-"�LtaKs
<br /> IouneJ to said mortgagor by'Ihe Equitable Building and Luan Association of Crend Island,Nebraska,Mortgagee,upon 4�� shares of stock of
<br /> said ASSOC►A'f10N,Certificate No.L 22,561 ,do hereby grant,convey and mortgage unto the said ASSOCIATION the fopowing
<br /> deuribed real estate,situated in Flall Counry,Nebraska:
<br /> �,;�
<br /> LOT TWENTY NINE (29), WESTERN NEIGHTS THIRD
<br /> SUBDTVISION, HALL COUNTY, NEBRASKA.
<br /> � together with all the [enements,hereditaments and appurtenances thereuntu beloncing,including attached f7oor corerings,all w'indow urttns, � � � . �� - �.
<br /> window shades,blinds,storm windo:vs,awnings,heatine,air conditionin¢,azid plumbing and waur equipment and accetsories thereto,pumps,stoves, �� � - . . �
<br /> reGigera�ors,and other fixtures and equipment now or herea(ter attaehed to m used in connection with said real es�xte.
<br /> And a•hereas the said mottgago�has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assetunents levied or
<br /> assessed upon said p�emises and upon this mortgage and the bond securcd therebv beiore the same shall btcome delinquent;[o furnish approved . � � � . �
<br /> irsurance upon the buildings on said peemises situated in the sum oC 3 4O����.�� payable tu said ASSOCIATIO\ and to deliver to said � � �
<br /> � ASSOCIATIOK the policies For said insurance;and not to commit or p:rmit any waste on ur about s2id premixs � .
<br /> . In case of default in the performance oCany o(the terms�nd conditions ut this mortga¢c or the bond secured hereby,the mortgagte shall, .� � � �
<br /> � on demanJ,be entiHed to immediate possession oC the mortgaged premius �nd tl�n mongagor hereby assigns, translers and sets over to t}te . � _ .. �� " �
<br /> a, mortgagee all the ren�s,revenues and income to he derived from the mongaged premises ducin@ such time as die mortgage indebtedness shall remsin
<br /> �� unpaid;and the mortgagee stu�ll I�are the po�ver tu appoint any agent or aeents it may dcsire for the purpose of repsiring said premises and renting � � � - � .. �
<br /> the same and co:lec�ing dte rents,revenues and income,and it muy pay out of sxid inmme all espenses o(mpairing said premiset and necessary
<br /> cummiuions and expens:s incurted in rentine and manaeing the same and of collecting rcntals therefrom;the 6atancc remaining,if any,to be � �
<br /> � applied toH�ard the discharga of said mortgage indebtedness:these riehts of the mortgagee may be exercised at any time during the existrnce of sucl� � � � .
<br /> ',� default,irtespactive o(any temporaq�waiver ot the ume. � �I
<br /> . 1 heu Presents,hou�ever,are upon the Cundition,TLat if tim s:uid hiunga3or shall rrp;�y said loan on or 6efure thc m3turity o(said share,by � �
<br /> � p3pmzm;pay monthly m said ASSO(:IAT10V of thz sum sprci8ed in the Bond secured hereby as interest and principal on said loan,on or beiure � � .
<br /> the T«•entieth d:�y ui each and eveq�month,untit said lo�n is fully paid;pay all taxes and asses:ments le�ied zgainst said premises and on this Nongage � . '�
<br /> anu the[3ond secured thereby,before delinquencq;iurni:h approved insurance upon eiic uuildir3;:;r.:er.in:!:e se*�ej� ���QQQ,QD payable �
<br /> i� w vid ASSOCIATIO�;repaq to s3id ASSOCIATIO\upon drmand alI muney by ic paid for such taxes,assessment:and insurance with iaterest at . �
<br /> the maximum legal rate thereon from date of payment all of w�hich�forteagur htrebp agrees to pay;permit ro waste on said prunius;ktep and comply .
<br /> Hi.h all the agrcements and condnions oi the Bond for S QO,OOO.00�his d�y given bp the said Atortgagar to s�id ASSOCIATION,and comply
<br /> � wi[h all iha�equi�ements of tht Constitution and ByLews oi taid ASSOCIATION:then these presents shall become null and roid,utherwise thcy �
<br /> - stull remain in full(orce and may be forecloud at�he option of the s�id ASSOCIATION afcer failure for thme months to malce any ot said
<br /> paymrnts or be�hree months in arrrars in making said munthly payments,or to Aeep and comply with the agreements and cunditions oi said Bund;
<br /> . and�lortga¢or aerees to h�re a receirer appoit�ted forthwith in such torectosure proceedines.
<br /> If there is any change in uwnership of the real rstate murtgaged hettin,by salc or otherwise,then the entire rrmaining indebtedness heraby
<br /> secumd shall,at the option o(The Gyuitable BuildinG and Loan Aswciation of Grand Island,\eb[a:4:a,become immediatdy due and payable uithout
<br /> funher noGce.and the amount remau�ing due under said bund,and zny other bond for any additional ad�znces made Ihereundet,thall,from the
<br /> date ol exercise of said option,bear interest at the maxvnum legal rate,and this moncage may then b:foreclosed to satisfy the amount due on said
<br /> 1 ' bond,and any other bond for additional adtances,together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br /> Nebraska for insurance,taxes and xsseumenu,and sbsttacting extencion chacges,with intemst theaon,from date of paymen[ at the maximum
<br /> � Iegal ratc.
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<br /> :is pro��ded in the Bond secured hereby,while this mort�age�emains in ef(ect the mongagee may he¢after advance additional sums to the
<br /> m�kers of said Elond,their assiens or succrswrs in interest,which sums shall be x�ithin the sewriq•of this mortgage Ihe same as the Cunds originally
<br /> � ucueed therc6y,the to�al amoun�o(principal debt mt to exceed at any timc the original amount of this mongage.
<br /> ' �s�ea cn�s 28th a�y or February ��.��•.»77
<br /> I L'�=`t'YT.'C 1).'�rlese -��
<br /> oward 4t. Legg,;+_/�-. f�
<br /> �-,C a��
<br /> �
<br /> Lorena I. Legg
<br />� STATEOF!�EBRASF:A. ss. Ontha 2$th dayoC February ]9�� ,beforeme,
<br /> COUNTY OF HALL� _ � ,
<br /> the undersi�iod,a Nota,ry Pubuc in and for said County, erwnally pme
<br /> Howard W. Legg and Lorena I. Legg each in his and her own right and as spouse o� each other � N
<br />� � who d re personally known to a �
<br /> 6 . L mz to be the identica!person g u�hou name 5 are affixrd to the above instrument as mor[gagor5 �nd they severally �,
<br />' acknou•ladged the s3id instrument to be th271' voluntary act and deed. ��� n�� �
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<br />�,��; � n7TtifSS my hsnG and\otarial Seal the date aforestid. . � y7
<br />,�=. � -- ---AtuGommiuiqn ex ires � '� ,;' .. .
<br /> . :.� ., �- j i�. /y � 'Jl / �-� '�otary Public
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