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<br /> � nwiir�,nc;li LOAN N0. __L22,�LL '_
<br /> '' KNOWhLLA1GNUYTHI'SSiYRCSfNTS:That Aibert J. LaWrence and Shirley A. Lawrence, �dC{i tlt �t{S
<br /> :� and her own rtght �nd as spouse of eaCh other, p�mt a or,whetherwieormucc.incunsidereuunoftheeum��f
<br /> �, 7wenty-three Thbusand Two Hundred and No/1cJU---------��--------------------------r�o�Lnns
<br /> '� lunued ta said mortgagor by The liyultuhlc IluiWing end Luan Associa�iuu uf Ctand Island,Nebreska,�furlgegee,u��on 232 sl�ares tif stuck uf
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<br /> salJ ASSOCIATItlN,Ceiilflcale Nu.L 22��?Z ,du lic�eby gmnt,rnm�ey anJ murtgege unw the eald A5SOCIATION qie i'olluroing
<br /> :':t desaclUed reaf ealate�eliue�e�lit llell Cuunty,NeUraske:
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<br /> LO7 NINE (9) OF CLAUS5EN 5U9DT4ISION IN NALL
<br /> CUUNTY, NEBRASKA, AS SURVEYED, I�LATTED AND
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<br /> ��� RECORDfD AT PAGC 13, OF BOOK 104-A OF �EEDS
<br /> �g# IN THE OFFICE OF THE �2EC,IS7ER OF OE[DS 01'
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<br /> ; HALL COUNTY, NEDRASKA.
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<br /> 3 �ogether�vith all Ii�e tenemenle,I�ereJilaments anS appurtenenLrs tnerrwrto 6elonging:including ntlacheJ Oou�cu�rrinpe,all winduw acreens,
<br /> ; aGidow shndee,611uds,storm window�,awidn�e,henting,eir�rondiliuninp,and plmn6ing and�vater eyuipment eud ecceua�ies therem,pumpa,�tu�tia,
<br /> � rcGigetatms,end uther Ilxtu[es end eyuiptnent nuw or heteafter ettnched tu u�used ir.cunuecti�m witli e¢id real eslete.
<br /> ; And wlie�eaa tiie said rourtgugur has egrecd mid duea liereby agree tl�at die murlga@o7 shnll aud�eili pay�ell mxes miJ essessmenls levied or
<br /> assessed upmi naid premfaee eud upun thiv murlgage and Ilie huuJ secu�ed qiereby befure the seme shni!t�ecumr delinyuent;to funtiel�eppioved
<br /> � insurun�c upun Ilic buiidings un snid p�emises situate!In the suw uC 3 23�200.00 pnynbie ro aaiJ A35(H:►A'iION end to delirer to said
<br /> � ASSUCIA710N Il�e policiea fur saiJ insuiance;and nu�w covuuit ur pennit any waslr un or a�uut aaid premisee;
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<br /> ';i In cnse uf de[ault i��the performence uf eny uf ihe Ienns end coudflions of this nwrlgage u�the bund aecuied hereby,lhe�nurtgogee siiell,
<br /> ��:( on demand,bc entl�led tu imroeJialc posses9fun uf Ilic murtgeged premises and Ihe uwrlgu@ur liereby nestgue, t�nnsfers ond sets ur�er tu tiie �
<br /> � murtgaqee ell tlie rrnts,revenuea and incume tu be deriveJ frum Ihe uwngageJ p�emises during euch time ee the nwrlgnge inJebtedndis ehall�eituain
<br /> uupaid;and tlie morlgagee shall have lhe po�aer tu eppoinl auy agenl ur ngenls ft innv Jesire fur the pwpuse uf�e4�aiNng said pmudsee nnd ren�ing
<br /> � tlie same anJ cullcetlng tlic rente,re�mnues and income,anJ lt may pay uW uf seid incume all expeiuee uf�e��aiHng salJ premises enJ nece�satv
<br /> conunissivns and expensea incurred in rent�ig nnJ managing Ihe same end uf collecling renteL+therefrom;Ihe balnn��e remefuing,if any,iu be
<br /> ti- applird lu�vard tlie disci�a��e ul'eaid murtRage ioJeblednest:Iliese ri�.ide ul'ihe mo�tKepee mey be etercised et nny thne during tlie exisleuce uf svcl� - �
<br /> defuult,Irrespeclire uf a�ry lempurnry e�aiver uC Ihc same.
<br /> ( Chese Ihesenls,howecer,ere upuu tlie CunJltiun,77iat il the said Alurtgagur ahell�c+a1'said lonn on ur be(u�c the oialuritv uf saiJ sitares b�•
<br /> .' payntenl;pap munllily�u sxid nssoctnrloN vf die swn specilied in tice Uund stcweJ�ierehy ae inlerest and prinripal un said Iuan,mi ot befu�r �.
<br /> �� ihe Twentielh dny uf ench nnd eveiq monlh,unlil suid luan Is tullt�paiJ;pay all tnxes aud asseesurenls leeied egeinsl said pnnil?e�nnd un this Dlortgaee . �
<br /> anJ the Unnd cecured tlicieby.befure de!!�!y��ency;tunush app�ured insu�ance upun�he l+uildings ttreteun in ti�e smu ut S 23,Z��.�� ��aynhL
<br /> tu said ASSOCIATION;�epey lu sniJ ASSOCL1710N upwi demand ell ntunev by It paid lur such luxes,essessmrnls end insnrence with iideresl et
<br /> We maxinntm IeKal retu Uiereon frum Jale uf payutenl ell u(wl�ich t�luilKagut hciebp ngrecs ii�png;penuit no�vas�e on saiJ premisee:keep enJ cvmply
<br /> ���ilh all Ibe ng�cements auJ cunJitium ol q�c OunJ Im 5 Z3�Z�O OO Ihis JaY gi�'en by Ih�suid Ai��tlgugut tu sald ASSOCIAT�ON,unJ�vinply �� � .
<br /> witl�all ILe ieyuirements uf Ihe(:onsliiution and Uy-Luws ol said AtiS(H IAl1UN;Ihen these p�aenls s!iall becmne itull end culd,ulherwisr,lhe�-
<br /> sltall remuin In full forec anJ may lr fweclused ut dic opliun of the said ASSUf'IA770N aflei fullme ti,r Ihice munlhs lu mxkr em uf saiJ
<br /> paymenls or be Ihree munlhs in auen�s in makin�salJ munlhly pnymenls,oi lu keep und cuntpl��wiU�Ilte sgieements mid cunditions of?nid Ilond: � .
<br /> aud�lut�gnKui agrees Io have n Iecei�wr appuinled lottlt�vilh in such(uiecl��swe�nuceedings. � � . .
<br /> If Ihe�c b�ury change in uwuctship ul tlic real cslalc ntu�IReged hcieiu,by sale u� utltcr�rise,Ilien lhe enlire remahiinp ludebteduess he�rby
<br /> yxuted ehall,al Ihe upHun u(1'hc Lyuileltle lluilJlug and Luan Aewcialiun uf Grand Islond,Nebraoke,becmne itnmediu;ely due and peyeble ailliuut
<br /> �,� further nulice,end qie enwunl renmitdng duc unJe�eald buud,enJ any othrr bund lur any xJJlHmml udvances made theieundet,sltell,frum lhe
<br /> Jale ul'exereise ui saiJ u iliun.bcar inlerest al the nuximtun Ic�nl rele,and Iliie worlguke may Ihru be fo�eclused tu selisfy die umvuut dtre un ealJ
<br /> hund,eud any uther bun�fur sdJftluiial ad�vnces,luEcdict wllli all sl�ms paiJ by salJ"I he Gyuiteble DulldhiK xnd Lvxn Asseclation uf Grand lelund,
<br /> Nebraskn for iusuronce,lexee und assessmen(s,and abslr¢cling exlensiun chmtiee,witii irderesl thereon, Irom dule ut paymenl at qie nmximum
<br /> I!�gal iolc.
<br /> Aa p�oviJed in qie li�niil secmeJ hcieby,whfle Ihie murlgaKe remuins hi elled llie nwtlgugrr ntay hereafler udveuce eddillunul sums tu Ihe
<br /> makcre ul'snid punJ�({ICIf tl5YIk115 UI S�ICCCSSVf3111111(CIP91�WIIIC{I S111715 cI12II�f t1'11I1111(IIB 52CUIII}'UI IIIIS IIIUfIF9QN Nll`SllIi1P 991I1C�UfIlI4 UdFllldll}'
<br /> : secured thereby,the lolai�unowit uf principai Jebt no1 tu r.xcee�el uuy lime Ihe uri�;inal amnunl uf lldq murl�!a4r.
<br /> "� u,ica uu9 13th . d;�y„r 1�1ay ,�.n..i�7G
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<br /> ��.1��.,.�, ��Lj«.�.tc�i�tl..: �� i �-fi;.e f•_ �, <��rc. ''_f,_ .
<br /> } 'Albert J. Lawrence `5hirley Fl,t�Lawrence
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<br /> 1 51'ATfi 0(�NI?UI2AYKA� ss. (b�Ih(e �3tt1 dny af r�dY �`�7G ,befine me�
<br /> ' CUUN1'Y 01�IIALL ;
<br /> ' � Ihe unJereigned,e Nutaiy PubBe In end(ur snid Cuunt)',ycrsoux0y came t'��'''
<br /> � IU bert J. Lqwrence und Sh9rley A, Lawrence, each in his and her own r19Ht and as �f��use �
<br /> : of each other, N��° ar2 ��etsvne y nuwntu � � �'`
<br /> ' �� mc to bc lhe idenikrel penunS N'IN4C IIB(itCS are afiiteJ tv lhe elure inslrumun4 atpiurl�;egur S anQ thQy seveiallv . �z„ :
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<br /> a�knoN•leJgeJ th¢enid inslrumcid lo be thei r �•olunlery ect and deed. � � �
<br /> WITNCS9 tiiy Imnd and Nulatiel5eai qic detc eforesaid. � {. �
<br /> � �� i q r u f��y�l.u�,a�t�si V�pitce ,
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