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<br /> 77- ��U7207
<br /> MORTGAGE
<br /> MORTGAGt�:LOAN NO. � 22,937
<br /> fKNOW ALL MEN BY THESF.PRESENTS:1'luit Verl E. Leckron and Leone C. Leckron, 2aCh 1� h1 S and hEY
<br /> own right and as spouse of each other
<br /> Mortgagor,whether one or more,in wnsideratwn uf the sum of
<br /> Thirty Eight Thousand Eight Hundred and No/100--------------------------------------��LwRy
<br /> loaned W said mortgugor by The Fquitable Building and Luan Assocutiun of Grend Island,Nebraska,Murt�ugee,upon 38$ shares ot stocic uC
<br /> said ASSOCIA'CION, CertiGcate No.L 22,g37 ,a�hereby grant, cunvey and mortgage unto the suld ASSOC'IATION ihe fuUowine
<br /> deuribed real estate,situated in Hall Cuunty,Nebraska:
<br /> LOT NINE (9) WESTERN HEIGHTS SUBDIVISION
<br /> HALL COUNTY, NEBRAS KA.
<br /> toge�her with all the irnrments, heredna�nrnts and appunenances thereumu belonging, including attached �luur coverings,all wtndow screens,
<br /> window shades,blinds,storm wiuSuws,awnings,heating,air eunditiuning,end plumbing and water eyuiprnent and accesxmes therc[o,pumps,stoves,
<br /> rcfrigeraturs,and other fixtures and rquipment nuw or hereafter nttached to ur used m e��nnectiun with said real estaie-
<br /> And whereas the said mortgagor hes agreed and does heirby agrre that the muitgag�r shall and wii! pay uil [axes and es�essinents levied or
<br /> assessed upun said premises and upun this murtgage and thr bond srcured therebv befure the wme shall becumr delinyuent:to furnish appruved
<br /> insurance upon thr buildings on said premises situated in thr sum uf 5 3H�8��.�0 payuble w sail ASSOC'lATION end to de�iver to said
<br /> ASSOCIATION the policies fur said insurance:and nut iu commit or perm�t any waste on or abuut sald premises;
<br /> In case u(de(ault in the performance oC any oC the[rrms and conditiuns u(this murigxge or the bond secured hereby,the murtgagee shatl,
<br /> on demand, be enti[led tu immediatr{x»sessiun of[he murtgaged prem�srs and [he murtgag�a� heroby assigns, tr•rnslers and se[s over [o the
<br /> mortgagee all thr rents,revenues and incume tu be derived from thr mur[gaged premisas dunng wch time es the mortgage indebtedness shxp remain
<br /> unpaid:and[he murtgagee shall hnve tho puwer to appuint any agent ur agents it may destre f'ur the purpuee uC rcpxinng said premiaes and ren[ir�
<br /> the same and cullect�ng the ronts,revenues end incumr,and it may pay uut of said mcomr all expenses of repairing said premiaes and necessary
<br /> cummissions and rzpznses incurred in ren[ing and managing the same and of uollecting rentals therefrum: the balance remaining, if any,to be
<br /> applied tuward thr discharge u(seld murtgage indebtednrss:these rights of the murtgegee may be zxercised at nny time during the existence uf such
<br /> default,irrespecGve ot'xny temporary waiver of the same.
<br /> These Presents,huwever,arr upon the C��ndiaon,That i(the said Murtgagur shnll repay said luan on ur bef'om the m•r[urity uf said sharcs by
<br /> pryment:pay munthly to saiJ ASSb('IATION of the sum�pecified in the Bund secured hrreby xs mterest xnd princ�px!un said luan,un or belbre
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay all taaes and assessmenu levind against sxid premisrs and un this Murtgage
<br /> and the BunS ucured therrby,befurc delinyuency�,(urnish approved msurnncr upon thr buildmEs thereun m[he sum oY 5 3$�$QQ.QQ payabk
<br /> lo said ASSO('IATION;repay tu said ASSIX'IATION upon demand all muney by rt pa�d fur sueh�•exes,usaessments and insurance with interest a[
<br /> thr mazimum legal rate theroun frum date of'payment eil of which Mor�gagur hereby agrees tu pay:permit nu waste un sa�d premises keep and compty
<br /> with all the egreements end cunditiuns of the Bond(or$3H HOO.OQ �hia day grven by the w�d Murtgugur co u�d qSS(X'IATION,ynd wmply
<br /> with all the requirements of the Constitutiun and By•Laws o�said ASSOI'IATION: theu these preatnts shall become nutl and vu�d,otherwise they
<br /> shall remain in full force and rtwy be fureclosrd at the upuon uf the said ASS(X"IATIUN after fxilure tix three montha w makr any uf said
<br /> payments ur ba three months in xrrears m making said monthiy payments,ui w kerp and cumply w�[h che agreemrn[s und cunditions uf said Bond;
<br /> and Mongagor agrees tu have a rcceiver appuinted funhwith m wch fureclusure prui;eeJings.
<br /> If there is any changr in ownership oP the real estate mortgaged hrrein, by sale ur utherw�sr,then the entirc rocnnining indebtednees hereby
<br /> secured shatl,a�the option uf Thr Equitable Building anJ Loan Assudatiun uf C:rand tsland,tirb�aska,becume unmeduitely due and pxyabk wi[huut
<br /> � (urther notice,and che amount remaining dur under said bund,�nd xny uthcr bond t'or any additional advxnces made thereunder,shall,from thn
<br /> date of exercise uf said ophon,bear interrst at[he maximum lrgal ratr,and this murtgage may thrn be fureclosed to sausfy the amount due on said
<br /> bond,and any other bund for additwnal advances,together wlth all sum.paid by wid The Equitable Building and Luan Aswcirtion uf Grand lelrnd,
<br /> Nebraska(or insurxnc:r,tazes and assesm�ents,and abstrYcting extenswn charges, with interest thereon. from da[e uf pyyment at the maximum
<br /> le�ai rate.
<br /> As provided in the Bond securrd hereby,while this mortgage remains �n effea the mort�ee may hereafur advanc:r addiGonal sums w the
<br /> rtukers of said Bond,their assigns or succeswrs in interest,wtuch sums shall be wnhin[he security uf ttus mort�ge th�same xs thr funds urqynxlly
<br /> sewred thereby,the total amount of principal deb�not�o excxed a�any time the urigmel amount of this murtgrge.
<br /> Dated this 14tj�. � a•r�r December n.n.ie77
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<br /> L ne C. Leckron
<br /> BTATE OFNEBRASKA,� i
<br /> COUN7Y OF HALL �. On thic �4}�. day uf pecembe r 19 ]] ,before me, „i
<br /> N �h
<br /> 4he unde d,a Notary Public in and for sud County,perwnxllv g`,
<br /> � Verl E. Leckron and Leone C. Leckron. each in his an��ier own right and as spouse of eac� � '
<br /> other Wn� are P�rwnally kiwwn to I '"�
<br /> �ae to be the identical peraun 5 N'��S hc'2 +1�ixed to the above inatru=rnn mortgy{urs and t�y uverally ,
<br /> �dceo�vledrd the uid inarue�enf to be th2i r wlantary act and deed. L � :.._-� � .
<br /> WITNFSS my haed and Notarial Seal tht date af�ro�nid � � — �("/ . � � �
<br /> ��ef /` '
<br /> GENER�L NOTARY�SM�pt Nipr � �+ —1�(�••��
<br /> � ����aracc v. ��.�.50N `� . � —y� �/-J !vutuY Public
<br /> � My Cumm.tay.ha��,lY.t879� Z�OL�•� / � �y �
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