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<br /> � MORTGAGB `
<br />�� MOItTGACCL0ANN0. � LZ,O79
<br /> i�.�, iwowa�Ln�eNeYrttssEeReset�rrs:Tna� Harold`E. Klingman and Lois M. K19ngman, each:9n his and � ,
<br />��,, � ,
<br />� �� � � � � � ��; � �
<br />�s her own;right and as spouse of each other, _ Mo�c�a�,wne�he�oneo�mo�e,lnconsidereclonotthasumof "� �� 3 '��+,'
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<br />� Eiqhteen Thousand and No/100-----------------------=-------------------------------DOLLAILS r< '" ` ,'��
<br />�.:� loaned lo seid mnrtgegur by Tl�c Equltablc Duilding and Luan Aseociatlon of G�und Islnnd,Nebraske,Mortgagee,upon , 18O siiera of�tack of k � a i`�,�`
<br />��{�.� ' seld'ASSOCIATION;CerNlicata No.L 22 Q7g ,do hereby grent,convcy and inoctgega unto the snld ASSOCIATION the t�ilowing ` ;; �4`�:
<br /> j ' `de�cribed rea�natate,sltueted ln.Elnll Count�,Nebraska:: `. r��f,�
<br /> f f:, � ;.
<br />' A TRACT OF LAND COMPRISING A PART OF THE SOUTHEAST'QUARTF.R''(SE�) OF t �^;;
<br />� SECTION T�ENTY SEVEN (27), TOWNSHIP'ELEVEN '(11) NORTH,:RANGE TEN '(10) ` i � �'
<br />�� WEST OF THE 67H P.M., HALL':COUNTY, NEBRASICRi;ANO'MORE PARTICULARLY, � au�'
<br /> r, . [fESCRTBEO AS`FOLLOWS: BEGINNINC AT THE INTERSECTION OF THE WEST LINE ' ' f �
<br /> OF SAID SOUTHEAST qUARTER {SE�) AND THE NORTHERLY RIGHT OF WAY LINE OF ` ' 7`�
<br /> fi �
<br />�� THE UNION PACIFIC RAILROAD, TfIENGE RUNNING NORTHEASTERLY ALONG SAID ,� � � �, ,',
<br />�o, RATLROAD RI6HT OP WAY LINE A DISTANCE OF 343.Z fEET T0 THE ACTUAL POINL � ,�. � c�t
<br /> t ' . OF BEGINNING; THENCE DEFLECTING LEFT 90�00!' AND RUNNING NORTHWESTERLY A i i;` ,r`::
<br />,, DISTANCE OF 168.62 FEET; :THENCE DEFLECTING.RIGHT 31� 23' 40" AND`RUNNING: `� ' ` ' ',�
<br /> : _
<br />; NORTHERLY PARALLEL TO THE WEST LINE OF SAID SOUTHEAST QUARTER'(SE�) A. ' � ' {,i"
<br /> bISTANGE OF 138.58 FEET; TNENCE DEFLECTTNG`RIGHT 830 25' 20" AND RUNNING s ;, �, ,
<br />� ` NORTNEASTERLY A DISTANCE OF 42.82 FEET; T�IENCE. DEfLECTING 'RI6HT'65o 11' - � ?, ;
<br />� AN0`RUNNING'�OUTHEASTERLY A DISTANCEIOF 268:97' FEET iU A FOINT ON SAID �`` '
<br /> i' RAILROAU RIGHT OF'WAY LINE; THENGE.RUNNING SOUTHWESTERLY ALONG SAIfl ; �'
<br /> RAILROAD RIGHT OF WAY LINE A DISTANCE 0�`111:0' FEET TO THE'ACTUAL' POINT` a
<br />� OF"BEGINNING': ;` t� ' ;,.
<br />� togtther with all thm tenaments,hercditaments and appurtenances thereunto bclonging,including nttached Iloor coverings,sll wiadoe�sucens `
<br />� window shades,bllnds;storm windows;awnings,healing,air conditioning,and plumbing and water equipment and accessories thereto;pumps,stove� `te,�;
<br /> roGigeretors,and other fixtures and equipment now or hereafter attached to or used in canncction with said real estalc. i .
<br />�` And whereas tho said mortgagor hn:agreed and does hcreby agree that the mortgagocshuli and wlll pay all taxes and eszeuments levieQ or r �.
<br /> 5 assesud.upon said premlxs end upon llus mortgsge und the tiond secured thereby before the same shali become delinquent;tu Ftunish approvtd s�.
<br />�' insuran«upon the¢uildings on said premius siwatcd in the sum o[S�8���G.�� paynble ro suid ASSOCIATION and to deli�ror to said n , r
<br />�; ASSOCIATION the policies for said insurance;and not to cummit or permit any wnste on or about said premius;
<br /> p. � . .: . . . . . . . i �- �
<br /> In case of defaulh in the performance of any of the terms and conditions ot this mortgaga or tha.bond secuied hereby,the mortgagee shell '1
<br />�; on demand,be eulitled to immediate possession of the mortgaged premises and the mortgagor fiereby assigns, transfers and'sets over to the `'
<br />��a mortgagee all the rents,revenues and income to be derived Gom the mortgaged premises during such tlme aa tha mortgege indebtedness sha11 remeln t � ,
<br />�. unpaid;and the mortgagec shall havc the power to appoint any agent or agenu it may desirc Cor the purpose o[repairing said prcmisa and mnting �` i z ,
<br />�J� the seme and coilecting the rents;revenues and income,und it may pay out of said income atl expenses of rcpairing said premius and necessary , � �
<br /> commissions and expenses incurrcd in renting and managing the same and of collecting rentals therefrom;the balance remaining;iC eny,to be '
<br /> appIled toward the dischacge of said mortgage indebtedneu;these rights of the mortgagee may be exereised at any time during the e:ustmce of iuch L t ,i �i
<br /> y.�� defaulf,iirespective of any temporary waiver of4he samer �; ,I' 17 r
<br /> Tliese Pceunts,however,nre upon the Condition,That if thc said Mortgagor shnll rcpay said loan on or beCocc the maturiry:of said shares L+y F% � ''
<br /> poyment;pey monthly to said ASSOCIATION of thc�um specified in[he Bond sewred hece6y as intercst and princip5l on said loan;on or before ',;
<br /> the Twentiethday of ench and every manth,until said loan is fully paid;psy sll taxes and assessments levied against said premises and on this Atorigage r. �
<br />!` and the IIond secured thereby,before delinquency;Furnish npproved insurance upon the buildings thereon in the sum of S �H�QQQ.QQ puyable ; , r
<br />�. to said ASSOCIATION;repay to said AS�OCIATION upon demend all money by it paid fur such texes,assessments and insurance with interegt at ; ' ; �';,
<br /> l' the maximum legal rate thereon from date of payment all of which Mortgagor hereby ugrees ro pay;permit no wa:te on said premlus;keep and comply
<br />�, with all the agreements and conditions of the Bond for 5�8����.�� qiis day given by the said Mortgagor to said ASSOCIAT[QN,and comply
<br />� with nll the requirements of the Constitulion and ByLaws o(said ASSOCIATION;then Uiesc presents shall become null and void,othenvisr they "
<br />� shall remain in fuli f�rce aad may be(oreclosed at the option of the said ASSOCIATION atter failure for thrce months to mal:e nny of said
<br />�,� paymcnts ur he thrce months in arreors in making said monqily payments,ur to keep and comply with the ugreements and con�itions of said Bond,
<br />£; and Mortgagor agrees to have a receiver appointed fodhwithin sucl�foreclusure pmceedings. �'
<br />�'}• If there is any change in ownenhip of the real estnte mortgagcd herein,by sale or othenvise,then the entire remaining indebtedness here5y + �
<br />�'# secured shall,nt the option of The Gyuitable Building and Loan Associatian of Grand Island,Nebraska,bemme immediately due and paya6lc uithout
<br /> F�� further noticc,nnd thc amount remaining due under said bond,and any other bond for any additlonal advsnces made ihereunder;shall,from the
<br />�� date of exercise af said aption,bear inteiest at the maximum Icgal rate,xnd this mortgage may then be foreclosed to satisfy the amount due on said
<br /> c� bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan AssociaGon of Grand[slend,
<br /> Nebcaska fot insurance,taxes end assessments,and abstracting extension charges,with interest thereon,from dnte of payment at the maximum
<br /> y'j �lcgal ratc. �
<br /> As provided in the Bond ucured hercby,while this mortgage remains in effnct the modgngee mayhetenfter advana additional sums to the
<br />�; makers of said Bond,their assigns or successors in interest,which sums shnll be within thr seeurity of this mortgage the same as the funds originally �
<br />� secured lhareby,the total amaunt of principal de6t not to exceed at any time the original amount of tlils martgage.
<br /> �a a�n�s 19th a�y or Apri 1 n.�.,iv 76
<br />�:.i ✓�� � : A�;� �� ' ,.
<br />�:j ����'�-�-a�� _ J .�-.�a' - .,-z..-✓
<br /> Harold E. Klingman Lois M. K1ingman
<br />�� . � � �
<br />,;j ' S'fAT&OF NEBRASKA u On this �gth day of A p1� 19
<br />� WUNTY OF NALL� p ]6 ,before me, � ; '
<br />�� ; .�i.; „ .:
<br />� t h o p�d e r s i g n e�l,�N o t a ry P u b G q i n a n d t o r s a i d C o u n t y,p e r s o n a l l came � �;.
<br />;, Naro l d E: Klingr,ian and� LQis M. Klingman, each in r ns an d er own right and as spouse o�
<br />�� @dCh OthOp;-' ; who dpe personallyknownto �' .+ x;
<br /> 5 � _
<br />�} me to be the identical person S. `whosc name S �r@ affized to the above instr as ortge;SorS and tIt@y uvernity J `
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<br />� 8ck�n,� _owledgod the said uistry,ap� tobe thei r voltintery act and deed.
<br /> sa �
<br />{ �fNtP�.CNO hWPP3+iE9S�itiyh d and Notarial Sesl the detr nforcsaid. �/�,' �;F�
<br /> E � �ARlLS4�1���i�ini�asio�texpues � ///
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