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<br /> ��'" (if);?0�3'�'
<br /> MORTGAGI?
<br />� - -—- - - - -- --- ;,�oxir�nci:�on��;v�.�' L'���"`�'---
<br />; r;xowni,LMeN�iYT�1�sl;riR�:sr:NTs;That Melra l. Luft and Caroline L. Luft, each in his and her
<br /> own right and as spouse of each other �
<br />�' Mongngor,whethe�one or more,in�unsideretion u(lht svm uf
<br /> . -��J�LLANS , , ;'
<br /> � Twent.v-fi;ro 7housand Five Nundred au�.,.�.pl1QQ--- �,�- - - _ __
<br />\� loened to aaid mortgegor by Tha L'quitible I3uitdtng and Loen As,wciatiun oi Grnnd Isinnd,N�braaka,Mnrtgngce,uEx�n``225 r shares ul'atack u[
<br /> saiJ ASSOCIATfON,Certificate ISo.L QZ�o$Q ,d�hercby grant,convey and muttgage unto the said ASSUCIATION Ou futlowing
<br />� iiescribcd reai esiate,situefcd in Hall Cuunty,Nebraska:
<br />',,�, LL1tS FOUR (4) AND FIVE (5) IN IiLOCK ONE (1)
<br /> k iN IJES7 PARK ADpI7I0N 70 TN� CITY 0� GRAND
<br /> TSIAND,IN HALL COUNTY, NEBRASKA. '' �""''
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<br /> iogether with all the tenements;hetcditamcnts and appurtenances thereuntd belonging,iitcluding attached Ilour�vti�etings,all e•indow ircreenn
<br /> winduw shades,blinds,xtorm a�indo���a,awnir�a,heating,air��nditioning,and plumbii�t and�vatcr eyuipment and aa.�essorics iheict�,pumpa,stovee,
<br /> rcfrigerotors,and�ther tixwres and eq�ipment nuw or hemafter attached to ur used in iKmnectiun��•ith said tcal estate.
<br /> And whercas ihe said mortgagot has agrced and does l�ereby agrce that Ihe mwigagor shall and wili pay all taxes Tnd easesaments leticd or
<br /> assessel u�e said pmmises and uoun this mottgag¢and the Iwnd secured thereby hefurc the same shall become delinquenq tu fumisirappro�ed ' '
<br /> insurancc upon the buildings on saiA pmmises situated in the sum uf 5 22�5QQ.Qd payaUte tu said ASSOCIATION and tn delit�ec w aaid
<br /> ASSOCIATION Ihe policies 1'oc said innvance;�nd no1 to commit ur permit am•waste on or about said pPemiser,
<br /> in cax ut default in the perfoanenee uf any ut the terms and cunditions of ih[s moc�gage ur the lwnd secured hembV,the muctgagee shail i'`
<br /> on dentand,lx enlitled to immediate�ssession uf thc mortgaged premises and the nwttgagur hem6y auigns, transfers an<1 sete o�er to ihe
<br /> mdrtgagee atl Ihc tents,revenucs and in�romc tobc dcrived fmm tlie martgaged premises duting such time as the murtgage indebteduesa shail remni0
<br />�� unpaid;and the m.iKga��ce aLall i�a�s thc power to ap�wint anp agent or agcnts it may desire for thc pur�+ose uf repairing said prcmises and renting
<br /> the�ame and�rilecting thrrents,r¢vcmics and inmme,and it may pay uut u(said iennnc all expensea��f repaicing.wid premises and necessu}
<br /> irotnmisaions�nd ex�enses incurred in�znting and managing the samc anA of cullectirtg rrntais ilierefrom;the balanCe rcmaining,if any,tu be
<br /> applied_tnwant thc di.ahargc uC ssid mortgage indcbtcdncu;these rights of the mottgagce may bc esetcised At Any timc during ttie existencc of such ;
<br /> dtfauit,irrts}xctive uf any tempo�ary waiver of the same. ;
<br /> l`hese Preunts,ha���ci�et,are upoe thc C�mditicm,That if thc said Morig�r shnll rc2iay said loan un ur before lhe maturit}•uf said shares U'y `" ' '
<br /> payment;pay montidy lb said ASSOCIATIO�uf the sum apecitied in the Uund�cured hereby as interest and principal on said loatt,oii ut befuic ,:`
<br /> the Tven�icth Say oi cach and eve��•nwnth,untii said loan is fuiLy paid;pay all iases and asseisments Ic��nf againat said ptemiaea and vn tlifs{lartgage -
<br /> and the liond securcd thercby,bek>re delinqucncy;furnisli appro�rod inswance u�wn the huildings thereon in the sum o�S ZZ,�5����0 pa�reble
<br />��� tn said ASSOCfA170N;repay to said ASSOCIATION upun demand all mnnep by it paiA!or such taxes,assess�uenix and insurance��ith Interest at
<br />'$ the maxinwm legal ratc themmi from Sate oC payment all of�vhich Jlortgxgon c�reby agrces tc�pay;permit nu wasre on saiS premiFes;keep and cumpty +
<br />.� with all Ihc agreemenls and cendilions of the liend tor S 22�50� OO �lus day gi�en by thc said�furtgagor ro said ASSOCIA7'fON;aitd�utttply
<br />>� with all thc requircn�ents of ihe ConstituGon and 13yd.a���s et said ASSOCIA1l0\,tLen�hcsc presents shatl bacome amll and wid,uthen��ise thcy
<br /> shnl!nmafn in full force and may 6c foreclused at Ihe upiion of tite said A5S0(:INION aRer iailure fi�r three munths to inal�e anV tlf said
<br /> paymc�Hs or be tivec monthx in arrears im m�king snid ma�thly paymmus,or tu kecp and nnnpty aith tlic agrcemcuts and�vnditions ef s2id Uond;
<br />�':, and Mortgagor agrces ro I�a�r a rc��ci�er appointed furthw•ith in aucl�foreclusurc pro.�edings.
<br /> � 11'Ihcrc is any changc in uwnership uf thc mal estate mortgaged heicin;by sslc or othenvix,then the enUrc remain6ig in8e6tedness hereby
<br /> ' secumJ sl�all,al It�e option ut TGe Lyuitable Building xnd Loan Association uf<;rand ls!a�id,Nebraska.beco�ue immediate[��due and}ia�aAle aithou�
<br /> '` furlhcr nutiec,ond Ihc amount remaining duc undcr said bond,and an)•oHicr�und for any addtliunal ad��aacea inade tlmreunder,s��all,from the
<br /> ` datt or exercise ot aaid n�tion,bear i��te:rst nt the maximum le�el rate,and this iuoctgaga m�v then be Ibrectosed tu mtiaf.y the amum�t du¢�m safd
<br /> ` �ond,and any uther I�ond for additiunal advan�rs,logclhe����ith all sums paid�y safJ Tl�c GyUitallc Buflding snd L�)an Associaliun of Ctand lsland,
<br /> Nchraska for insu�ance,taxes and asaeasments,and aUstracting extension charges,�citii interest thereon, from date vl payment at ihe ntaxinmm
<br /> IeKat rate.
<br />,} . As��rovided in the 13ond secnted hereby,��•hile tliis murtgage nmains in clTcct qie muctgagce may hemaRer advance edditia�al siims tu the
<br />.y tnakcr3�f said Uund,tliCir assi�ns�r sucwesots Bt inlcrest,which sums shall lae within ihe securii��ol'Ihis mortgage the same as q�e fueds originally
<br /> , secured lheteby;the loial amount ut principal debl rwt to c�cecd at am time the i�ri�inal amount ot this nrottgage:
<br />�, ` b2i�a�n�E Z2nd aaY or qp�^�� n.o„tv 76
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<br /> -iofeTr'7f�. u � Caro ine .. L�u`t v �
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<br /> J1`ATL't7F NP•,DRASKA � _ pit thi3 2�CIld dxy uf Apt^t l 19 76 Ueture me, �
<br />;� CbUNtY U�11AI.L��.
<br />'� the undersignad,a Notary I'ublic iti and Cor said Caunty,IKrx�nalty rnme ��" ' °��i�:'
<br /> Melra L,; Luft and Carotine L, Luft, each in his and her tiwn r{g"t �,��u jxreonallyknoa��tu �' "
<br /> and a� spouse of �ach other �re � -.
<br /> j mC(q be il�e identical pecson $ tvlto3c namc g ah`�red to thc abolr instrument aa muttgagur$ and t�1eY se�rerally � l�` ,
<br /> ! anknowleciged the sa(d InatrumchE to 6e tI12 j 1" n�luntary act nnd dced. �" j
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<br /> WITNL'SS nly:liand'and Notatipt Scal the date afuicsaid. � � �/
<br /> � My 4ommuuonc piros �',/�f,� / / / �/
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