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<br /> 1lORTGAGE
<br /> � MORTGAGE LOAN NO._ '
<br /> KNUW ALL MEN BY THESE PR£SENTS:That Jerr.y L. Lueth and Ma ri l.yn J. Lueth, each i n hi t and
<br /> her own right and as spouse of each other
<br /> '_Mortg�o"'hether wie or more,ia consideratlan of tha wm ot
<br /> Twerity Seven Thousand and No/100---------------- ----------------------nota.��ts
<br /> Iwaed W uid mottga�or by The Equitabk Buitding uad Lu�n Auociation of Grand Icland,N{ebraslca,Mortsr�ee,upon
<br /> wid ASSDCIAT[ON. Certificau No. L 22 82� ,do hereb 2�� �+es of atodc ot
<br /> decaibed red estate, situated in Hall County Ntbraclu: y��' COnvey and rtwrtgage unto the aeid ASSOCIATION the foJbwing
<br /> LOT FORTV TWO (42) CAPITAL HEIGHTS SEVENTH SUBDIVISION.
<br /> OF PART OF THE EAST 1,362.55 FEET OF SOUTHERLY 832 FEET OF THE
<br /> NW� SECTION 2. TOWNSHIP 11 NORTH. RANGE 10 WEST 6th P.M.� IN
<br /> HALL COUNTY, NEBRASKA.
<br /> tqether with aU the tenements,hereditaments end appurtenanaes therounto belon�{ing,including attuhed flewr wvennss,all�vindow acreept,
<br /> window shadec,blinds,ctorm winluw:,rwnings,heating,ur conditiuning,and plumbing and water eqwpment and ye;txseoriea thereto,pumpt,stovee,
<br /> rofri�entexs,and uther fixtures and eyuipment now or hereafier yttached to or used in a�nnection with said real estatr.
<br /> Aad whereu the crid mort�a�or hu rgreed and duec hercby agrce that che mort�agor shall and will pay all [axec and rueiraents leWsd or
<br /> anecced upon said premires and upon ehis mort�age and the bond eecured thereby before [he came sh�ll bewme delinquent:to furairh�pproved
<br /> inwuanoe upa�the buiidings on said premices siturted in the cum o(5 2)��,f� payybk to syid ASSOCIATION and w delivu to uid
<br /> ASSOCIA770N t}te policioc for tfid inwrance:and not to commit or permit any waste on or rbout said premi�ee;
<br /> In wae ot default in the per(ormrnce of any of the termt and condiuons of this mortga�e ur the bond 9ecured hereby,the mort�ape dutl,
<br /> im demand,be entitled to immed'ute poscetsion of the rtwr[gaa�eed premisec arid [he rtwrtgagor hereby assyns, tnnaferc and tetc wer to the
<br /> mon�yee aU tlu rentc,revenues ynd income to be derived from the mwt�{a�ed premi�es during such time as the monga`e indebtedro�s cFul!reenie
<br /> unpoid:and tM mortga4ee thall hrve the power w appoint any a�ent or agents it may decire for the purpc�e of repairi�taid promires and rantin�
<br /> the ame and colkctint the renta,revenues and inwme,end it rtuy pay out of syid incume al1 expentes of ropairing taid premuea and r000ruy
<br /> commi�eions and expenees incurred in rentine snd managin�tt�same xnd of colkctiry; rentalc thera(rom: the balance re
<br /> , �d towud tlu d'�ceharge o(seid mortgage indebtednete;these r' ts of[he murt �� ��y� w�
<br /> de aul�,urespec;tive of any temponry waiver of the nrne. � 6a8°e mey be exerci�ed at any time during the existoea of�uch �
<br /> Theae Presents,tw�vevrer,r�re upon[he Cundi[ion,Thrt if the aid Mortgxg�ur shal!repry sa�d loan on ur beforo the maturity of s�id durn by
<br /> payment;�y mon�hly to said ASSOClA1'lON uf the sum specifiad in the Bortd�acured hereby as inteeect and principal on said loan,om or befon
<br /> the Tweeuieth day of eseh and e�ry m�th,until caid Iwn is fully paid;pay a11 taxes and asseesments levied agrinct said premioes and ar�thie Mortga�e
<br /> wd the Bond secured thereby,bef'ore delinqurncy;furnish rQproved incurance up�n the buildings thereon in the sum uf S 2����.� p.yabk
<br /> to seid ASSOCIATION:repay tu said ASSOCIATION upon demand all money by it paid for such trzee,aweremenes and incurana with interoa�[
<br /> tht maximum kgal rate thereon from dau nf payment all uf whic:h Mwtgrgor hereby agraes to pay;permi[rw wae[e on caid premises;keep aad comply
<br /> with all t!u n{reeaunts and conditwns of the Bond for S 2���fl.�thic day Wven by the sxid Mort�a�u�w crid ASSOCIATION,and comply
<br /> with all the roc}uirements of the Constitution rnd By-Lawc of pid ASSOCIATiOrI:tlun tluse preoentc ehall become null a++d void,otiferwiae tl�ey
<br /> rhalt remain in fulf fcxax and mry be foreclosed at the option uf ihe�aid ASSOCIATION al'ter frilure for three em�nths to make any of pid
<br /> , piy111011[Y Of b!IMfOG IffUliLI16 1f1 rrrearc in maicing said munthly pryments,or[u Iceep and wmply with the aereoments and conditiunc of sud Bond;
<br /> � awd Mort`agor agruec to have a receiver appointed fur[hwith�n such fureclusure priweedu�gc.
<br /> If tlurc is any chanse in ownership of the real estate mon�ed hereln,by srle ur otherwioe, then the eniirs reanriain�indebtedeo�c ber
<br /> �e nQ ebY
<br /> �ectured duU,u We opean of'1'Le Equitabk Buitding and Loan Asrxution of Gcand tcland,Nebndw,become immediately due and payabk witlwut
<br /> ' f�uther wotioe.md tfie emount rem�ining due under coid bund.and any uther bond for any additional adv�ncxs mads therew�der.shaQ,from tLe
<br /> date of oxercise of taid option,berr interes�at tlu maznnum lesal rate,rnd this mwtgye may then be forecto�od to satisfy the utwuet due oa a�id
<br /> boad.awd any ot6er bosd for additiun�l adwnoec,together wi[h ali sume paid by s�id The Fqwtabk Buildu�and luan Auocutiun of Grand Isl�nd,
<br /> Nebndca for insurrooe.taxes and amasmente,and abstrutin�eztcncion charges. with intereu thereon, from date uf payment a[ the maximum
<br /> bpl nte.
<br /> Asp���u+the Sond recured hereby.while tt�ic nwrt�e remaenc in effect the nxxtyigee mry t�eroaf[er advanoe additional wms to the
<br /> sdce»of r�id Soed.Meir ari�es or succea�ors in interest,which sumc shall be within the iecurity of tftis rtwryye the came u the funds orpnapy
<br /> �owred tlMereby.the totat amount of pria�cip�l debt ex�t tu excved at any time ehe orieinal amount ot ehic rtwr[�e.
<br /> . DMedtMi� ZISt dfyof SeptlTbCr A.D.,19 �)
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<br /> f1ar41� J. ueth
<br /> stwt��Ne�usKw,�.. o.a.� 21 s t
<br /> couNTr o�ttAu. a.r ot Sente�nber �v77 .b.cone ne. ..: . �"^^
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<br /> it.�l tl JOY M1' 6E.4ZLEY �� _._ �
<br /> RY Comn..CcV.`el^L 1.i9A� �,
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