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<br /> AtORTGAGB
<br /> M110RTGAGIi LOAN NO L ZZ,�5�
<br /> IKNOWALLAiIiNDYTHESLPRGSGNTS:That Charles F. Lange and Colleen E. Lange, each 111 h15 and her
<br /> own right and as spouse of each other,
<br /> Murtgagor,whether one or mure,in wnsideration of the sum of
<br /> ' five Thousand Two Hundred and No/100------------------------------------------~-- poi�nRs
<br /> loaned tu said mortgagor by The Equiiabin Building and Luan Association of Grand Island,Nebraska,hlortgngee,upon 52 shares uf stock of
<br /> said ASSOCIA'f10?�,Certificate No.L 22��5� ,do heceby grant,wnvey and mortgage unto the said ASSOCIA'IlON the fullowing �
<br /> described real eslate,siluated in Hall County,Nebraska:
<br /> LOTS TWO (2) AND THREE (3) IN 4LOCK
<br /> NINETEEN (19) IN TOWN OF WOOD RIVER,
<br /> HALL COUNTY, NEBRASKA.
<br /> �� � together with all the tenements,hereditaments and appurtenanres thereunto bel�rginr,including attached (7oor coverings,all window scrcens, � �
<br /> � window shades,blinds,stoim windows,awnings,heating,air conditioning,and plumbing and wa:er equipment and accessories theroto,pumps,stoves,
<br /> refrigerators,und other fixtures and equipment now or hereafte�attachcd to or used in connectiun with sxid reat estate.
<br /> � And whe�eas the said mortgagor has agreed and does hereby agree lliat the mortgagor shall anJ will pay all taxes and asussments tevied or �.
<br /> asresred upon said premises and upon this:no�tgage and the bond sewmd thereby be(ure the same shall becume delinquent;to Curnish approved
<br /> , insurance upon�he buildings on said premises situated in Ihe sum of 5 5 ZOO.00 payable w said ASSOCIATION and to deliver to said �
<br /> ASSOCIATION Ihe policies fur said insurance;and not to commit or perml[any waste un or about said premises; . �
<br /> � In cese ui default in Ihe per(ormanca of any of the terms and wnditions o(this mor�gage or Ihe bond secuced hereby,the mortgagee shall, �
<br /> on dcmand,be entitled to immediate possession oC the mortgaged premiscs and the mortgagor hereby assigns, transfers and ssts over tu the .
<br /> mongagee ali lhe rents,revenues and income:o be deciveS from the mortgaged premises during such time as the murtgage indebtedness shall remain
<br /> ' unpaid;and thr mortgagee shall have the power to appoint any agent or agents it may desire!or the purpose of repairing said pramises and renting � �
<br /> the same anJ collecting Ihe rents,revenues and income,and it may pay out of said income all expenses of repairing said peemises and neasssry � �
<br /> commissions and expenses incurred in reNing and managing ihe same and of collecting rentals therefrom; the balance remaining,it any,[o be
<br /> - applied toward the discha�ge of said moctgage indebtedness;these rights of the murtgagee may be exercised at any time during dte existence o(such
<br /> ' de(ault,irrespective u(any tesnporary waiver uf the same.
<br /> Thcse Presen�s,huwever,are upon the Conditim�,That if the said�tungagor shall repay said loan un or be(ore thc maturity uf said shares by � �
<br /> payment;pay mumhly to said ASSOCIATIDN of the sum spncified in the Bond secured hereby as interest and principal on said loan,un or before �
<br /> �. ��.� the T«�cnlie�h day of each and evary month,until said luan is fully paid;pay all taxes�nd anessinents levied agains[said premises and on this Afortgagt .
<br /> t� . und the Bund secured thereby,before delinouency;fumish approved insurance upon the builJings thareon in the sum uf S 5,2��.�� �1A1'BbIC
<br /> a� _: �o said ASSG.IATION;repay to said ASSOCIATION upon demand all money by il paid for such taxes,asressments and insurance widi interest at �
<br /> d�e maximum legal rate thereun(rom date of payment all ol'which Morl�gur heceby ugrees w pay;permit r.r.iea;te on said premises;keep and comply
<br /> with all the agreements and conditions o(the llund fur 5 5,Z��.0� ihis day given by the said Alurtgagor to said ASSOCL�TION,and comply
<br /> �. with all lhe reyuirements of tha Cunstitution and DyLaws of said ASSOCIATION;tlien these presen�s sliall become null and�vid,otherwise they
<br /> shall remain in lull furce and may be foreclased al the option uf�he said ASSOCIATION after failure for three nwnths to m�ke any al said
<br /> payments or be three months in arrea�s in making said monthly payments,or to keep and comply with�he agreements and cunditiuns of said Bond;
<br /> and hfortgagor agrecs to hnvc a rcceiver appointed forthwith in such forcclusure procccdings.
<br /> . If Uicre is any change in uwnetship uf thc�cnl estate mortgaged hcrein,by sale or otherwisc,then the entire rcmaining indebtedncss hereby
<br /> secured shall,at the option of The Gquiteble Duilding and Luan Association of Grand Island,Nebraska,become immediately due and paya6le witl�out
<br /> - further notice,and die amount remaining due under said bond,and any other bond fur any additional adtances made thereunder,shall,Crom the
<br /> datc of exercise of said option,bear intercst at the maximum legel rate,and this murlgage may then be foreclosed to satisiy the amount due on said
<br /> i: ' bond;�aiid any other 6und for additiunal advances,together with all sums paid by said The fiquita6le Duilding and Loan.4swciation o(Grand Island,
<br /> - Nebraska for insurance,taxrs and assessments,and abstrac[ing extcnsion charges,with interest thereon, lrom date o(payment at the maximum
<br /> Icg:�i rate.
<br /> '� � As provided in the Bund secured hereby,while this mortgage remains in e(fect the mortgagee may hereaCter advance additionsl sums tu the
<br /> � � mxkers ot said Uond,their assigns or succezsors in intemst,which sums shall be within the security oC this mortgage the same as the funds originally
<br /> - , secured Ihereby,the total amourt o( incipal debt not to exceed at any time the original amount o(this mortgage.
<br /> ; o a��,�s �d a�Yor June ,�.i�.,��� 76
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<br /> N �/-�.[i>.: �, �cP���__iI o .,
<br /> a"r e:; F. ange �CoTleen . ange
<br /> �.
<br /> : STATE OF NL•BRASKA,1 ss. On this 2nd day of June 19]( ,before me,
<br /> COU�TY OP HALL 1 �
<br /> � the undersign d a Notary Public in and(or said County,perwnally ame �" .
<br /> Charles F. Lange and Colleen E. Lange, each in his anc� her own N
<br /> a5 SPOUS2 of each Oth2P «'hu dpe personallyknownto 9
<br /> N C 1�
<br /> I r,tqe9'o y�.6(�f� person S whox neme 5 a(fxcd to the ebove instmmcnt as mortF�S�� S �°� they severully a,
<br />� � � . •�pdwled�e$��t�sai strumen!to bc thei r voluntary act and deed, r'�"
<br />� q f40TARY � ^SS my hand and t�otarial Seal the dale aCoruaid. �j �� �
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<br />�c�. �a CO'iPAISSION � � , i', �� �`�i..-,
<br />�,� � CXPIRES �Y�� mission expires \`,.,, .r . �� r-,� .'l, . _ .,���, ^, ' .
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