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<br /> 77. C]027'75
<br /> MORTC..AGE
<br /> MC)RTGAGE LOAN NC1. � Z 2,656
<br /> KIVUWALLMENBYTHESEPRESENTS:Thar R098P Ll.ift and Donna Luft, each in �'l'lS and her own rig�t
<br /> � and as spouse of each other
<br /> Mo:tgagor,whetherune or moee,in considezation of the sum of
<br /> ` ' Seventeen Thousand Six Mundred and No/100------------- ----- DOLrntts � '
<br /> toanad tcr sxid rnortgagorhy The EquitableBuilding and Loan Assaciatinn oti Crand Istand,Ne�raska,Me�rtgagee,upon 1�6 shares of slock of'
<br /> �r 'i said ASSOCIATION, Cert�cate No,l Z2 65( ,d°hereby grant, convey znd mnctgage unto the said ASSOCLATtON the fopowing
<br /> describad real estate,situated in Nall County;lefebraska:
<br /> a THE SOUTHERLY EIGHTY NINE AND FIVE 7ENTHS (89:5) FEET OF TNE 1n1ESTERLY
<br /> FORTY ONE AND'EIGNT TENTHS (41.8) fEET AND THE �ASTERLY TWENTY FOUR
<br /> AN6 T4[0 TENTHS (�4_2j FEET OF THE SOUTHERLY NINE1'Y THREE AND SEVEN
<br /> TENTHS (93.7) FEET OF LOT FIVE (5), IN BLOCK TW€NTY THREE (23), IN
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<br /> NAGY 'S ADDITION TO THE CITY OF GRAND ISLAND, NESRASKA.
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<br /> � �[ogeiher with.�all che tenements,hereditaments�.and appurtenances ihereunto belonging,including�attached tloor coverings,:all window screens;.:
<br /> �����window�shades,.blinds;�storm windows,awnings,liza ting,aix conditio�ing,and plum6ing and wa[er equipment and�accessories[ttereto,pumps,stoves,��:.�
<br /> � teGigerators;�and o[her lixtures�and equipment now or hereafter attacF=.ed to or used in connec2ioa rvith said real estate. � - � � . �� � :�
<br /> -! � A.nd whereas�ti6e.said�mortgagor.has agreed and doesherebyagree.that.thc mor[gagor shall and will��pay�all taxes.and assessments lened�or��
<br /> �assesu�d�upon said.premises and upUn this�morigage.and�the�bond secured-[herehy Uefpre�t�c same�sltall become dciinquent:�to furnish��approved:..�
<br /> ��insurance upon.the�besildings dn said premises situated in the swrrof S 17�6��.�� payuble to said ASSOCLATION and xo�deliver to saiil� �
<br /> ,��ASSOC(A'['ION the policies Cor said insurance;and�not to cummit or pannit any waste on or about said ptemises;� � � . � � � � . � �
<br /> � 3 � � � � In�case�o£�defauilin the perforrtunce of rnyufthe.termsandconditions of this mortg.age or the b�nd�secursd�hereby,the�mortgageeshall, �
<br /> on demand,be��entitled to�immediate.possessinn ol t}ie mortgeged premises �and the mart�,agor.heraby assigns, $ransfers�and-sets��over to the����
<br /> 'moctgagee:all��the tents,revenues and income�to be derived from the�r_�urtga�ed premises durF.ng suc.h time as[he mortgnge indebiedness shal£remain.��-�
<br /> �..unpaid:��and�thn�mortgagee.shail have die power to appoint any agent nr agencs it may desire fnr the purpose of'repairing said premises and renting�..�
<br /> ��the same�.and collecting the rents;cevenues xnd income,and it may pay out of saic� income�adl expenses�of repairing sxid�premises and necessary����
<br /> � ���commissions and expenses incurred�..in ren[ing and ma.naging the samc�and.of cotlecting,rcatals theiefrom: the balance remaining;..if any,to be���
<br /> } � �upplied toward�the�discharge�of said m�irtgage inde6[edness;these rigtr:ts of the murtgager ma.y be exercised at any.tizne.during the existence o(such��
<br /> default,itrespective of any temporary waiver of the saiue. � � � � � � . � . ..� �� �
<br /> P ��� 7'heserPresents,t�owevet,are�upon the Condition,That ifthe saiclAlurtgagor shall repay said loan on ar�before tlirmatuxity of said stsaresby.
<br /> , ���.. � � �.payment;.pay monthly.to said ASSOCLATION of the sum.speciGed in the f3ond secured�hereby�as interest and principal on�said�loan,on or befor� ��
<br /> the-Twencieihdsy of each nnd every month,unzil said loan is fully p�id;pay all caxes xnd assessments levied against said premises and un[his Diorcgage
<br /> .. and the�Bond secured 2liereby,bef�re delinyuency;furnish approved insurance upon the buildings thereon in fhe sum of S I��600.Q(�. �paYable���
<br /> .�lo said ASSOCIATION;�repay to saidASSOCt 1T1UN upon demand a31 muney by it paid f'or such taxes,nssessments and.insurance wi[h int�resl at��:
<br /> �lhe��maximum legal rate ihereon from dztc of payment all.of which Mortgagor henbyagrees�to�pay:permiC no waste uri said premises;.keep and�comply.��
<br /> ' �� -witli�all the�agreements.and conditions of Hte Bond for S 17�f)��.OQ this day given by the s:lid Mortgagor to said ASSOCIATIOh,and.comply �.
<br /> 4 wi4h atl the requirements oC the Constitution axad By-Laws of said ASSoCIATION: then these presents shell become nuli and<void,otherwise they
<br /> - .�, �. �:shall remain�in full��fc>rce und may be foreclo.sed at the op[ion of thc uid ASSOCIATION al'ter failuse for three months to�make any of said.. �
<br /> .� payments vr�.be lhree�nonths in arrears in making said monthly pnyments,or to keep and cosnply with the agreements snd conditions of said 13ond;�.
<br /> � .�and Mortgago�agcees to have a receiver appou�tcd for[hwith in such foreclosure prc�ceedings. . .� .
<br /> . � If.there is any ef�ange in ownership of th�real estate mortgaged Eserein, by sale ur oLherwise,then the e�tire aemaining indebtrdness hartby.� � � �
<br /> �� � ' �seeured�shall,at the option of The Equitable Building and Loan Association of Grand lslxnd,l�ebraska,become immeciietely due and payable withoui� -
<br /> 4" . . furiher�notice�,.and�tkte amount remainnig.duc under said bond,and any other bond for any additionxl advances�made thereunder,shall,frum the
<br /> � � �dale of exercise of said.�rptiun,bear interest at ihe maximum Iegel raie,and this anortgage may then be foreclosed�to satisfy the amount due pn said ��
<br /> ��� � �bonA,and�any othcr bond for additionat advxnc�es,together with ull sums paid by said The Equilxbie Building and LcaamAssoceation of C,rand�.lsiand�,� � �� �
<br /> Nebraska for insurnnce,taxes and assessments,and absuacting ex[ensic�n cherges, with interest there�n, Prom daet uf pay�nent at the maximum
<br /> . . legal�.tatie.�. � � � . � . � .
<br /> ; As provided in the Bond secured hereby�while this mortgage rernains in ef'feet the martgagee may herea8cradvance addicionai sums w the
<br /> makers ot said Bond,t3�eir assigns or succeswrs in interest,which sums shxll be within the securiry of'this mortgage the same u cha funds or3ginally
<br /> . .secured�thereby,lhe total am�un[of pcincipal�debt not ro excead at any time the ociginal amount of ihis mortgage. . . .
<br /> �ed�t� 3rd aay or May n.n.,in 77
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<br /> Donna. LuftM �
<br /> STATB 4F NEBRASKA,� u. On Xltis 23r'C� day of Ma:� 19 7� ;bafore ms. ,
<br /> COT7NTY OF HA3.L
<br /> � the undersigned,x Notarv Publie in and foz said County,personal�ycame � � � ��, " ��.;�•�
<br /> • RAger. Luf� an� L�onna luft each in his and k-�er own right and as spouse af each other ;� "`'
<br /> ' .� .. .�� .: � � who a re Persunallp.kn�own to . �y
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<br /> ; me to be ihe identical�xrran g whoae� �,a�n fl� £fixed to ttae abeve instrum,�nt as mongagor g and t hey severally �`n
<br /> ' aaknow�edgtd c1u said inatrumant Yo bc �1}'� rvc�t�qt� au�d dead. / � �l*
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