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<br /> n�oarcnce ---- ---- — ��—..-,=-.s�------ —�_
<br /> ntoizT�cnol'.LOAN N0.__L 22,148^
<br /> KNOWALLMENDYTIIGSGPRESC:NTS:That JdmeS W. Fegley, Jr, and Pamela J. Fegley, each in his
<br /> and her own right and as spouse of each otiier, I
<br /> �tortgagor,whnthcr onc ur nwrc,in wnsideruUon of thc aum of
<br /> ' Twentv-eiqht Thousand and No/100-----------------------_--_-------------------- not.�n�is
<br /> Ioaned to suid mortgagur by The liquitahle Uuilding and Loan Assuciation uf Grand IsianJ,Nebraska,�fortgugee,upon 28� slmres o!smck u(
<br /> said ASSOCIATION,Certificate No.L 22��48 ,do hereby grant, cunvey and mortgage untu the said ASSOCIATION the tbllowing
<br /> dcsrribed real es�ulr,situatcd in Hall Counry,Nebraska:
<br /> ? LOT TWENTY (20) IN BLOCK ELEVEN (11) IN
<br /> ASHTON PLACE, AN ADDITION TO THE CITY OF
<br /> � GRAND ISLAND, HALL COUNTY, NEL�RAKSA.
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<br /> togeihet with a!i dw lenements,heredi�amants and appurten�nces dierewriu bclonging,induding uttaclieJ �lour cuverings,ull window screens, �
<br /> window shades,6linds,Aorm winduws,awnings,I�ealing,ai�condiliuning�8I1lIF7IUI11bi11KU111I W81C(CyO�pfI1GI11ll111I dl'CESSOf105II10(ClU�pwnps,stoves,
<br /> re(rigerutocs,and other fixtures und cquipment now or harcafter attuchcd W m useJ in cunncction with said real rstate.
<br /> And whereas llte said tnortgagor has agrced and does hereby agree tlmt the murtgagor shalt�nd will pay all tnxu and assessments levied or
<br /> asussed upon said premises and upun thi:murtgage and the bond sewred thereby bcforc the same shutl becmne delinquent;to fumish upproved
<br /> insurance upon the buildings on said premises situateJ in the sum of 5 28,000.0� payable w said ASSO(:IATION and to deliver ro said
<br /> � � ASSOCIATION the pulicics for said insurnnce;nnd iml to conunit ur permit any waste on ur about said prcmises;
<br /> In case of default in the perConnance uf any o(the terms and condilions uf this murtgage m the bund secured hereby,the murtgagee shall,
<br /> on demand,6e enlitled ro immediate pussessi�n of the tnurtgaged premises and �he murtgagur hereby essigns, transfcu and sets orer to thr
<br /> mortgagee atl tLc rents,revenues and income lu be deriveJ(rom the morlgaged premisee Jwing such time as the murtgnge indebtodness shnll remuu�
<br /> _ , unpaid;and the mortgagec shall have the puwcr tu�ppuinl uny agent or agcnts i� may desire for U�e purpuse of ropaicing saiJ premises and ronting
<br /> the same aud collecling the reNs,revenucs and incume,and il may pay out of said income all expenses oC�epuiring�id premises and necessary �
<br /> commissiuns and exprnses incurred in renting and managing the same and uf cullecling rentals therefrom;the balance remaining,if any,to be
<br /> applied loward iLe di<cha�ge of uiS mo��gage inde6tedness;thesc rights oC the murtgagee may be exercisrd at uny time during the existenca of such � �
<br /> - default,irrespectivc of a�ry�emporary waiver o(�he same.
<br /> These Prcscnis,howcver,ure upon the Condition,'I'hat if thc said A1ungagur shall�epay said luan on or before the maturity u(said shares 6y
<br /> paymenl;pay monthly�u said AS50('IATION of ihe sum specifieJ in�he I3ond SCl'l1IClI Ill'fl`I)Y 8S Ifl[CIC)l e111I N(�Ill'I�JI OIl�IIII I0811�on or beCore
<br /> the Twenlieth day of each anJ every mwuh,until said luan is tully paid;pay all laxes and assessments levied against saiJ prentises and un�his Dtortgage
<br /> ' and the Bond securcd thereby,beforc Jelinyuency;fumisl�appruved inswancn upon the buildiugs thereon in tlm sum u(S PH����.�� p�yabl��
<br /> �� �; to said ASSOCIATION;�epay tn said ASSOCIATION upon deumnd all moncy by II�)811I IUf tilllll(BXCS�BSSI'SSII1CIIi!:IfIII insur,uico with interest at � �
<br /> the maximum legal rale tliereon frum dale of paymenl ell uf which Alorigagur I�ereby agr.es tu pay;pennit no waste un s�id premises;keep and cumply, � .
<br /> with�II the agrcements and conditions of thc F3ond for 5 ZH����.�� ���is I�JY bIYCI1 I))'Illl•5:11(I�IUfI�'860f(U S:11t�ASSOCIA770N,and comply �
<br /> .�; �` with all lhe reyuirements uf Ihe Cunsti�utiun and By-Laws of said ASSUCIATION;thcn thesc prcsrnts shall bccume null und vuid,uthera•ise Ihey
<br /> 3' -�, shall icmain in full furcc and muy bc�Ofl'l'IOSC(I 81 Ull'U�11U11 UI�Ill'SdItI ASS(K'IATION altcr (ailurc lur Wrce mon�hs w makc any ul said
<br /> 3. -,, payments ur be tluee munihs in airears in making saiJ mumhly payments,ur to keep and cumply willi the agreemenis and conditiuns u(said Bund;
<br /> a. �. and Murtgagur agrees to liave a recaiver appuinteJ(urdnvilh in such(orcclusure proceedings.
<br /> I�IIICft IS JIIY l'I1ll11RC IIl UWIICISIIir O�llll'(C8I CSIJII`IIIUfIgBKI'fI Ill'�CIII�by salc ur othcnviu,lhcn tlie entirc fCI1181i1�f1�;indebtedness heicby
<br /> ucurcd shall.at ihc optiun o(The Lyuitabic 13uilding and Lu�n Association of Gtand Island�Nl`�f81I(B.�CCUIIIC Iflllill`(IIBII'IY IIUI`llll/I�1}'.7bIL`WIUIOUI
<br /> � furq�er nutice,and the;�muunt remaining due under saiJ bond,mid any olher bund Ibr any additional advances made lhereunder,shull,(rom the
<br /> r � Jate of exe�cise of said option,bear inlcrcsl at l6e maxitnum Icgal rale,and this mortgaKe may tl�cn be foreclomd to satisfy Ihe umuunt duc on said
<br /> bond,and any other bond for additional advantts,together with all sums paid by uid'ihe liquitable Building and Luun Aswciatiun uf Grand Island.
<br /> Nebra:ka fm insurancc,taxes and assessmenls,nnd abstracting exlcnsion eharges,wilh iNcrest thcreon, Gum dalc of payment at�hc maxintum
<br /> Icgalrate.
<br /> As pwvided in die Bond secured hereby,whilr this murtgage remains in effecl thc mor�gngee may hereafter xSvance addiliunal sunu to lhe
<br /> m�kers of saiJ�ond,thcir assigns or successors m inlerest,which sums shall be within the secu�ity o(q�is nwrtgage tlie s�me as the funds o�iginally
<br /> � xcured diereby,the total amuunt ot principul debt nut to exceed at any�ime Uie original amuunt ol'this mortgage.
<br /> c ' DatcJthis Z7th dayuf Mdy ,ylr+176
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<br /> " ��' ,. � .. f ���c��t '�����I����:/ i� �..� ���''�'�%
<br /> J mes W. Fegley, Jr. �%;�=��-I— Pamela J. Fegiey '�—
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<br /> STATG OF NGDRASKA,�ss. On Q�is Z�t�l day o( May I')]f) ,before me,
<br /> COUNTY OF}IALL
<br /> I c ynde si ned,a o�ery Public in and for said County,peiwnally came _: I
<br /> James W. Fegley, Jr. and Pamela J. Fegley, eac�i in ��s an� her own �`;
<br /> P�Pub and as Sp0US2 of each other ��hO dre personallyknown�o �y '�,
<br /> Ime to be tlm identical perwn 5 whose nart�e S al'fixed to the above instrwncnt as muuYugur S ���� they ��'«���Y ��. ' tt
<br /> a�knowkdgod liie said instrument to be the i r voluntary acl and deed. � / � .
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<br /> .. _.._WETNFS&myt�and and Nutarial Seal du date aforesaid. /� �y,—I / - (p _
<br /> `� � �� ... '''��A1y CommissiuQ expires j%/ /�j t��
<br /> i` �i�'t�fi1 C�y C/ ��'�
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<br />�„� i�---3134,. � � ! '���tary Publi�
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