|
�` i � -:�,�, t.
<br /> � :�:
<br /> �~ _.... w
<br /> �r.� . _ �
<br /> ��'� �n���s
<br /> MORTCAGE
<br /> MORTGAGE LOAN NO.� Z. Z 7 Z,J
<br /> ut,rowaLLMENSYz'xsscrx�sEtaTs:rt,atDion D. Luekenga and Reuby F. Luekenga, each in his and her
<br /> � ' own right and as spousee:of each other,
<br /> ` -__Mortgagor,whether one or more�in-consideration of the sum of , '
<br /> � ` Eight Thousand and No/100------------------------ �oLLA�s
<br /> 3 loaned to said mortgagor by The Equitable Building and Lossn Association of Grand Island,Nebraska,Mortgagee,upon $� shares of stock of
<br /> 4
<br /> } .h � said ASSOCIATIONy�Certificate�No. L .. 22�]2j� ,do hereby grunt, convey and mortgage unto the said ASSOCIATION the following
<br /> ' deseribed real estate,situated in Hall County,Nebraska:
<br /> ,�'E ::'.. _ . � .. . � . � � . � � � � � � .
<br /> 4 ,� . . . .. . .
<br /> � LOT ELEVEN (11) IN BLOCK FIVt (5) IN
<br /> BOGGS AND HILL'S ADDITION TO THE CITY
<br /> ;
<br /> ; r ; OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> s,
<br /> �
<br /> ' ;;
<br /> ;
<br /> '. i���..., � � � . . �. �
<br /> � togeUier.with all the Yenements,hereditaments and appurtenances diereunto belonging, including attached tlour cove:ings,all window screens,
<br /> .windaw shades�,�blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories[hereio,pumps,stoves, .
<br /> �� �refrigerators;and o[}ter fixtures and�equipment now or hereaFter at[ached to or used in connection with said real estate. � . �
<br /> x � � � � �
<br /> And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shxll and will pay all taxes and assessments levied or
<br /> � � �.assessed.upon said�premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to furnish approved�
<br /> �� insucance upon the buildings.on said,premises situated in the sum oC$$,�00.�u payable to said ASSOCIATION and to deliver to said �
<br /> • � �� � � �.ASSOCIATION Ihe policies for said insurance;and not to commit or permit any waste on or about said premises; � � �
<br /> � � � � �:In case of delault�in the performance of xny of the terms and conditions uf diis mortgage or the bond secured hereby,the mortgagee shall,
<br /> � � on�demand,be entitled to immediate poss•ession oF the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the�
<br /> ���� � � �.'mortgagee�all lhe.rents,.revenues and�income to be derived From the mortgaged premises during such time as the mortgage indebtedness shall remain
<br /> � ; unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br /> .��the��same and collecting the rents,revenues and income,and it may pay oui of said income all expenses of repairing said premises and necessary.. .
<br /> �commissions and expenses incurred in renting and managing the same and of collecting rentals [heref:nm; the Ualance remaining�,if any,�to be
<br /> � � �applied toward the discha[ge of said mortgage indebtedness;these rights of tihe mortgagee may be exeroised at any time during the existence of such
<br /> � defauli,irzespective of any temporary waiver of the same. . . .�
<br /> p...� . These Presents,however�,are upon the Condition,That if the said Morlgagor shall repay said loan on or before the matwity of said shares by� �
<br /> � payment;pay monthly to said ASSOGATION of the sum specified in the Bond secured hereby us interest and principal on said loan,on or before �
<br /> the Twentieth day of each and every month,until said loan is fully paid:pay all taxes and assessments levied against said premises und on this Mortgage
<br /> � � � ��and�the Bond secured thereby,before delinquency;furnish approvad insurance upon the buildings thereon in the sum of$8�����.Q�, . payabie�
<br /> , �. � to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest a[ �
<br /> the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> . f'
<br /> with all the agreements and conditions of the Bond for$ $ 00n n(� this day given by the said Mortgagor to said ASSOCiATION,and comply
<br /> + with all the requirements of the Constitution and By-Laws oT sxid'ASSOClAT10N;then these presents shatl become null and void,otherwise they
<br /> � shall remain in fuli foroe and may be foreclosed�at the option of the said ASSOCIATION after failure for three months to make any of said � �
<br /> � � � payments or be[hree months in azrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bon3; �-
<br /> � �� and Alortgagor agrees to have a receiver xppointed forthwith in such foreclosure proceedings. � � �
<br /> . if there is�any change in ownership oC t.he real estate mortgaged herein, by sale.or otherwise,then the entire remaining indebtedness hereby .� �
<br /> secured shall,aYUie option of The Equitable BuIIding and Loan Association of Grand Island,Nebraska,become immediacely due andpayable without
<br /> � ���.further�notice,�and the amount remai�ung due under said bond,and any other bond for any additional advances made thereunder,shall,from the ,
<br /> date oC exercise of said option,bear interest at the maximum legal ra[e,and this morkgage may then be foreclosed to satisfy the amount due on said
<br /> bond,and�any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association uf Grand Island, . �
<br /> Nebraska for insurunce,taxes and assessments,and abstracting extension charges, with interest ihereon, from date of payment at the maximum
<br /> legal rate.,
<br /> ; � � ��� �As provided in:the Bond secured hereby,while�this mortgage remains in effect the mortgagee muy hereafter advance additional sums[o the
<br /> 1 m rs oF said Bond,their assigns or successors in interest,which sums shall be within tlie security of this mortgage the same as the funds originally
<br /> � �� � �ured thereby,the total a un[of principal debt not[o exceed at any time the original amount of this mortgage. �
<br /> 'natea cn;s Qth aay or June , ,? A.n.,i9 77 _„
<br /> ; � �
<br /> ; � r,'" . . � .✓1�c;',t..;/:....,;.� . .��-�-R-I,;%,��N-I•��j .
<br /> Dion D. ekenga I Reu-by F,.-�e e�'c—nga --�
<br /> :. , ,
<br /> j ;
<br /> ;' �
<br /> � STATEOFNEBRASKA,�ss. Onthis 3flth dayof JUIIC 197� ,before me,
<br /> , COUNTY OF i-3ALL n.�
<br /> ' .� .. ��� � t e upder' n�d,a N t ry Public in an¢f r said C unty.,pers6nxlly came � .: �;w,�,",_ ;
<br /> ° Dfion D. Luekenga and Reuby F. Luekenga, eac�i in h"�s anc�'�er own rig�it an� as sppuse of :� �,..
<br /> , each Oth2P� whO are Personallyknownto � �a�,
<br /> � , me ta be the identical �son whose name affixed to the above instr s mort or and severall �"`�`
<br /> P� S ; 5 at'2 �g 5 thG'y Y {�"'
<br /> acknowledged the said instrument 2o be t�lE 1 P voluntary act and deed.
<br /> R'iTNESS my hand and Notariai Seal the date aforeuid.
<br /> CSKLlG+ ... • t�.q!.!�+T /� ' .�C �,,
<br /> �-, �yr�.'��.�iz,x��w��� ,f2 �„�,J�7 o��y eubu�
<br /> ���
<br /> � �
<br />_ ��_ ..� �
<br />,
<br />� J
<br />
|