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<br />�' 76- 0�2951
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<br /> MORTGAGE
<br /> M1tORTGAGE LOAN N0. L '
<br /> , i KNOWALL�tENDYTNC•SEPRIiSLN7�:That Rene D. DCS Laurier and Darlene R. Des Laurier, each lfl h7S
<br /> and 'ner own right and as spouse of each other, nlo�tgagor,whetheroneormore,inconsiderationof�hesumof
<br /> (�ineteen Thousand dlld NO/�OO--------'•-----------'--"—"'"'—'----""---"--'—�—�---DOLLARS
<br /> loaned to said mortgagor by The Gyuitable 6uilJing and Luan Association o(Grand Island,NebrasF:a,Mortgagee,upon �9� shares o(s[ock of
<br /> said ASSOCIATIOK,Certificaee yo.L 22.156 ,do heceby grant,cunvey and mortgage unto the said ASSOCIATION d�e following
<br /> described real estate,situa�ed in Hall County,Nebraska:
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<br /> LOT TWO (2), IN BLOCK TWENTY-FOUR (24),
<br /> iN PACKER AND BARR'S SECOND ADDITION TO
<br /> THE CITY OF GRANO ISLAND, HALL COUNTY,
<br /> NEBRASKA.
<br /> � together with all Ihe tenemenis,hereditaments and appurtenan�_es thereuntu belonging,including attached Ouor coverings,all winduw screens, .
<br /> � window shades,blinds,sturm windows,awnin@s,heating,air conditioning,and plumbingand watereyuipmentand accessories thereto,pumps,stoves,
<br /> . refrigerators,and other fixtures and equipment nuw or hereafter attuhed to or used in connectiun wilh zaid real estate. �
<br /> � '� And whereas the said mortgagor has agreed and does Lereby agree thal the morlgagur shall and will pay all taxes and assessmrnts levied or �
<br /> assessed upon said premises and upon this mortgage and the bond secured thereby hefure the same shall become delinquent:to(umish approved
<br /> . insu�ance upon the buildings on said prenuses situated in the sum oC S �9����.�� payable to said hSSOCIATION end tu deliver!o said
<br /> ASSOCIATION the policies for said insu�ance;and not to commit or permit any waste on or about said pre�aises;
<br /> r : In case of deCault in the performance oCany of the terr s and condi[ions uf this mortgage or the bond sewred hereby,the mortgagee shall,
<br /> s'.� on demand,be entitled to immediate pos�ession o!the mortgaged premises and the mortgagur hereby assigns, uansfers and sets o��er to the
<br /> mortgagee all the rents,«venues and income to be derived from ihe mongaged pcemise:during such time as the mortgage indebtadntss shali remain
<br /> �; � unpaid;and the mortgagee shal!have the power to appoint any agent or agents it may desire for the purpose of repairing said prcmises and renting
<br /> t' the same und collecting the rems,revenues and income,and it may pay ou[ uf said incume all expenses o(repairing said premises and necessary
<br /> ' commissions and expenus incuered in renting and mansging the same and o(collecting re;�tals tl�erefrom;the 6alance remaining,if any,to be � �
<br /> � applied luwarU�he discharge of said mongage indebtedness;these rights of the mo�tgagee r�ay be exercised at any time during[he existence of such
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<br /> de(ault,irrespective uf any t�:nporary wai�•er oP the s:�me. �
<br /> Thcse P�esen�s,hoH�ever,are upon the Condition,That if tl�e said�1ortgagor shall repay said loan on or before the maturity uf said sheres by
<br /> r. payment;p�y monthly to said ASSOC:IATION of the sum specified in thn Bund secured hareby as interest and principal on said loan,on or befuro
<br /> { � the Twentieth day of each and every month,unti!said loan is Cully paid;pay aU taxes and assessmenls levied against said premises and on this D1��rtgage .
<br /> ' - and the Bond securcd thereby,befom delinyuency;fumish appmved insurance upon the buildings thereon in the sum of S �9�QQQ.QQ pa;'able .
<br /> f� to said ASSOCIATIO;V;repay to said ASSOCfAT10N upon dem:�nd all money by it paid(or such taxes,assessments and insurance with interest�t
<br /> d�e maximum legal rate thereon frum date of payment all uf which�tortgagor hereby agrees w pay;pennit no waste un said premises:kaep and comply �
<br /> with all the agreements and wnditions of the Bond(or 5�9��n� Qn this day given by lhe said�tortgagor to said ASSOCIATIO\,and cumply
<br /> t: ., with all the requirements o(the Cunstitution and By�L:{ws uf sail ASSbCIATION;then these presents shall become null and void,othenvise thcy
<br /> �� sliall remain in full(orce and may be foreclosed at the optiun of the s�id ASSOCIATIOti afcer failure lur three mondis to make any o(said
<br /> � payments nr be three months in arrears in muking said monthly payments,or to I:ecp and cumply with the agretments and conditions oC said[iond: .
<br /> and Murtgagor�grees te have a receiver appointed forthwith in such(ureclosure pmceedings.
<br /> If�here is any diange in ownership uf Ihe real estate mortgaged herein,by sale ur othcrwise,then the entire rcmaining indebtedness hereby
<br /> secured shall,at the option o('Ihe L•quitable Building and Loan Associatiun o(Grand Island,Nebraska,btcume immediately due anJ payable witl�ou[
<br /> . funher notice,and the emount remaining due undcr said bond,and any other bund for any additional advances mttde thereunder,il�all,frum the
<br /> ' date o(exercise o(said uption,bear interest at die maximum Iegal rate,and this mortgage may then be foreclosed tu satisfy the amount due on said
<br /> bond,und any uthe�bond for additional ad�ances,together witt�all sums paid bq said 7he Lyuitable Building and Loan Associatiun o(Grand Island,
<br /> Nebraska for insurance,taxes and asressments,and abstracting extensiun charges,with interest �hereon, frwn date uf payment at thz maximum
<br /> l Iz�l rale.
<br /> As provided in Ihe Bond secu�ed heceby,while tfiis mo�igage«mains in e(fect the mortgagee may herea(ter adrance additional sums to the
<br /> 5 makers of said Bond,their assigns or successors in interest,which sums shall be witliin lhe security o(tbis mortgage the same as die(unds originnlly
<br /> secured thereby,the lotal amuunt o(principal debt rwt tu exceed at any time the o�iginal amount ot this mortgage.
<br /> , DateJthis 2fld ��y�f June ,� p �9 76 ��
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<br /> ?� ¢i -�i_V �� r - ���/CL4�'/� �i;�G�i:7yY�L/.,.d/��//
<br /> Rene D. Des auri r '� 6arlene R. Des� Laurier
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<br /> STATE OF NEBRASKA,� 76
<br /> ss. On this 2nd day of �une 19 ,be(ure me,
<br /> COUNTY OF HALL _j _
<br /> .. the undeesigned,a Notary Public in and Cor said County,persunallq came . �
<br /> Rene D. Des Laurier and Darlene R. Des Laurier, each in his and her 'N`�,
<br /> o nd as spouse of each other W�1O are P=rsunallyknownto
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<br /> to�'the� rwn S whou name5 affsed tu the above instrumcnt as mortgagor S and they scverally
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<br />�k� � ack�°r&lg�d�Syid in ument to be thei r eoluntary act and dced. ' h ��
<br />;t,��� E V d7�jJFS my I�and and Notarial Seal the date afo�esaid. � � ��.
<br /> NUTARY \ /
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