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<br /> t KIVOYr`AL.I.MENBYTHES$PRFSENTS:That Regency Construction� I�C.
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<br /> +'^ Mcutgagar,whether c�ra a�mam in considention-af die sum nt
<br /> ; Twe�aty-eight 'f'hous�nd and Nof100-------- -------_----�-----�-M----------- -------_..vo�.L�Rs
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<br /> � � Iuaneck to snia zxaortgaguc tsy T}ae Equitabit$uilding ensi Loan Assocaati�n�f Grand Islartd,Nebra�lca,Moetgagec,upan 2$� sharea uf ssa�k of
<br /> snid ASSO(;fA�'IqN,Cartificata Nu. L 22,f"j J$ ,do.'sexobY grnnt.c�nvey and mort�ur�to tlze said ASStX'IATiQN thc fu€lo+ving
<br /> ^ deaccabc�ct rea]asteta,situatcd in Hall Caunty,Nabraska:
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<br /> � LOT NItJE (9j wESTERN NEIUHTS SUBDIS/ISION
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<br /> � � HALL COUNTY, NEBRASKA
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<br /> t<�gether with aL3 thc tcncments;hereditaments and appurte�nu;ces themunto beton�;ing,.gnduding attaahod �'loor toverings;u1T wi�tluw scrcnns, '.
<br /> � w��iiJow sha�ies,dalinds,stazm w7ndows,awnix�gs�heating„su enr�die:oning,and plumbing ancl.wutcreqnipmcnr and accessucies theieto,pu�c�ps;stavos,
<br /> r¢frigeraiors,and odier fisturos�id eyuipment now or hrreaCter attached tti or usad ui conire-:�dun witlt Snid re;ii est.aCe.
<br /> � And whereas tlie saici mortgagor has a�cec3 und does hereby�serea ttmt �hc morigagux shsll anfl wili'pay alt taxrs and assessmenis icvicd or
<br /> xssessed apon said preinisas and upnn Uxis mqrta�ge.and thu bond secur t y�y e�re ihe same sha8 becvsne delinaZuent;to furaish approred
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<br /> insurxace upo�i r�ie buildings un said pcemiSes sieaated in t}ne sum of� � �Sayablr to said'�15SUCIAT[QN xnd to dcLyer t� said
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<br /> ASSOCIA'�'IOti t�e p�ficics fnr said insurance:and not tr�cammet or permit any wasie�n ur a6uut said premises:
<br /> ' In caso af defauit in the performance oCany oCthe tKems anQ eunditions of ttus mort�age,or the bond sccured lzereby,tiie martgagae skanll. £ '
<br /> ;1, on dcaz�and,hc �ntiUea tc. �mnsedi3te possessiora af the mnrtgaged pza�uises sa�d the maregag�r hereby assigsas, transf'er3 und xts a�ec t� thm
<br /> � mortgaE;ee rall the rents,revenuex and inc+zme to !�c'deriwed from¢he mortgeg�d premises duzmg such tine as the mqrt�el5e indebrertnesr aha;)r+emnin
<br /> � vnpsid:and ilie rsiortgagee shall have tI�e�+ower tzi appoine any�agent or egents it niay des'tre far the purpose of repuring said p�emsses and rrsiFing
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<br /> =� tha semr and.cai�ecting Hie rents;�evenuas an�3 incume,and it may gay uut of said dnccamc all exprnaes�t repa�ring snid premises ar�d'neccssary
<br /> ti� coinnussions and CXFiCJ7SCS incurred in ranting and msnaging.thr s:ema and of cottecti�g restials ihemCram; the batnrcce remainia�g,i�any, 3o be
<br /> ;� applicd tnward tkse discharge of said m�rtgageindebtedness;tluse rit;hts uf the mortgegee may be exercised at azny timc during the existenc�of svch ` `
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<br /> �' del'uult.icrespeuti�re�f any cempc��ury wairer of4F3c same:
<br /> � Thasr Proscnts,h�wever,:ua u un the Caitdicinn,That if the s:�id D1urt
<br /> p gagor shail rcpaq s�id lo.•trc on or Eet'ute thc maturity of s�cld si�eres by
<br /> r pnymeni:pay mcsnthly ti>s:+ld ASSUC IATION vf'the sc�m speci�ed iia thc Bond secured tiesahy as interesc ar.d princi�al on aaid toan,on or bafore
<br /> * ; thc Twentieth day uP cach and ever}�montli,untit a�id loan is Cully paid;p¢y ali taxeg and nssessnients levied ageinsa said preniisea:and on t€�is Mocigage
<br /> � and the ltond:4ecairod theFcd�y,beFore delinquency;furnish approved insurance upan the bixildings thereon�n[he svm uF S 28 a�Q�•�1Q p;�ysU�p
<br /> i to sajd ASSOCIATION,iepby tc�suid ASSOCIA3"ION upan demand all money b,y it paid las sucli ta!rns,assessments and insurance with iuierrsc a�
<br /> � the ma3timum leg�I rate ilieaCe�n from�ixie of pavznen[a3i of tvhich Alortgagor hercoy abrees tc�Nay;pernxii n�cfascc un saitk pramises;kteg and compty
<br /> � with eEl the agrcernents and cond.itions of 1}ie Boncl(or S $��Q _(���s day$:aen by cL�e said i tartgagoc to suid qSSOClATION, and ca�aply
<br /> �',�3 with a3L the requicements of the Crnutitution and ByL.aws c��said AS�tX:IAT[t�N;then t3iese prosents shull 6ec�me null �id n�i3,otkatrwisa zhey
<br /> „� shall rcncun in frill fnrce and.may 6a fareclosed at tlie opfion of t1-�c suid AS50C[AT70N uftei failur�-far t3vce nrandu'to ms,ke an�oF said
<br /> � paymeaats�r be t£ved montifis in arrears in innking said monthly payments,ur co keep nnd ccnmpty wit�the agreements and eundiki�ns caSsaid Scrnd;
<br /> ,� and Mortgsgar.agrecs ro��}iave a rcccivor.appointod Curthwith in�suclx foredosure prucerd'nigs. . � � .. .. � : .��� �. �
<br /> y ,;� "t#'thoro is aa�y c6snge inownexstup uf the rcnl estuie anortgabed hexein;Uy sale or oth�cwise,then the entirt.rema?nu�S indebte[Pnass heraby
<br /> secured sfiall,yt u�r option af:Thn Equitahle Building and Luan.?,-�;rciation of Grand Island,!�lebraskn,bequme immedigteiy due and psy�hle without
<br /> � !'urthcr notice,and�ha amvuni remaining due unde�aaid bund,and any uther bond for aray additional a3vances made thereunder,shati,Crum the
<br /> b ctate'nf"exarcisc s:t sald option,bcar incerear a['the maximum legal ruce,xn�i tlyis mortga},a aiay tlien br foreclosad to sstisf'y the smount due an sard
<br /> �,.! bond;axad any ot}eer bond farr additional:advances.logether wixh sIl sums psud by wid"fhe L��itabin BuAding ana�Loan Assucastion of(irand tss�aand,
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<br /> ^;� NaGrasira fot instuan�,faxes and essessinents,iusd abstracting extnnsion cliarges,with inur�t therenn, tiom date of paynarne at ths maa;imvm
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<br /> :� As providad ir�the$ond securad liereay,wliile tlus mortgage rntnuins in et'fect the mortgagec mey hereaf�tet a�ivanr.�additiQnal sums to the
<br /> makets of ssit�Bn�d,their assigns or succe�es in interest,which sums shali be r+•itfun the seaairity nf this nxortgage the samce as tl�e 1'unds o=iginally
<br /> : seiortd thereby,t�e total umaunt uf principal dei�t n�t to ezcred at any time t6e original amount of xlsis mortgagae; "
<br /> i o��Ga rn�s 21 st �v or ,�une a.n_.i�77
<br /> R�fy�NCY C�VSTFtUt:'fION; TNC:
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<br /> CC3iJRiTY Oi=tiALZ� �. aa this 2�:,t day�t �Ud7� IA�7 .before mc,
<br /> i ' P CBS����ed,a Notary Yublic in am.d!'or said Couniy.Pecsonally csuia „ . : �,� ` � ;� :
<br /> , , Regen�y Cons'tructzon, INc, , Roger W. Luft, ,
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<br /> ^� �+t�e;d�� whose nnme 7 5 aff'ixcd to ttie aUoue instrwucnt as m�artgegor xnd h@,r�(s�sl�• I �a"��
<br /> °,ia QY�P���w� �?dttst tant to be ; h�5 croluntsry ac:t acid decd> �;�;�
<br /> ' r� � �� '�� ' ry.Izandand Natsrial SaYl.the date.afornsrid.�. . . . . . .
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