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<br /> �tORTGACG _ _
<br /> --- AIORTGACI?LOAN NO.� 22.194 '
<br /> ' r KNOWALLAIL•NIlYTHGSGPRESHNTS:7'liat Gc]�@Il L. Pankonin and Sara M. Pankonin, OdCh 111 h1S c7ild
<br /> �
<br /> her own right and as spouse of each other,
<br /> ; . -__-__ �durtgagor_whether one ur more_in consideration uf the sum oC
<br /> Forty-seven Thousand Two Hundred and No/100- n�L�A�u
<br /> Io�ned to said mortgagor by The liquita6le UuiWing�nd Loan Association of Grand Island,Nebraska,htortgagee,upun 4�Z st�ares of stock of
<br /> said ASSOCIATION,Certificate Nu.L 2Z,194 ,do��ereby granl,cunvey and mor�gage untu the said ASSOCIATION the(ollowing .�.
<br /> descri6ed real cs�ate,situated in Ilall Cuunty,Nebraska:
<br /> LOT TWENTY ONE (21) CAPITAL HEIGHTS
<br /> SIXTH SUBDIVISION, HALL COUNTY,
<br /> NEBRASKA.
<br /> � tugether with all thc icnements,heredit�ments and appurtenances�he«untu belonEing,induding attached Iluur cuverings,all window screens,
<br /> u•indow shades,blinds,stonn winduws,atvnings,haating,air conditiuning,and plum6ing and watereyuipmeni and accessuries d�ereto,pumps,s[oves,
<br /> � re(rigeraturs,and othe�lixtures an�eyuipment now or herea(ter aitached[o ur used in connrciiun wi�h s�id real estate. �
<br /> i; �� And whercas the said mungagor has agreed and does hereby agree thut ttre mortgagor shall and will pay all tazes and ussessments levied or
<br /> � �� assessed upun saiS premisrs and upon lhis mortgage�nd the bond secured iherebv brlure the s�me shall become delinyuent;to(urnisli approved
<br /> insursnte upon�he buildings un saiJ prctnises si�u�ted in the sutn ol 54��20�.�� payable to said ASSOCIAl tON and ro deliver to said
<br /> . ASSOCIATION lhe pulicics fur said insurance:and not tu commit or pennit any wasie on ur about said premises �.
<br /> � In case uf del'uult in the pedmmance uf any o(the terms and cunditions uf this nmrtgage or the bond secured hercby,ihe mortgagee shall, �
<br /> �. un demand,be cutitled to immediatc posscssion of thc murtgaged p�emises �ind Ilic murtcagor hr�aby assigns. tra�ufers and sets ocer to the
<br /> � mungagee all tlic�enls,revcnues and incume to be derived frmn the murtgaged p�emises during sud�time as the mur�gage indehtedness shall remain �
<br /> . UII��III:JIIII Illl•I➢OfiK�bl'l'SII:III{IJYL'II1C PUIYI`f 10 e��J(ll0l 011\'8El'llI or agents ii muy desire Ibr tl�e purpo:c o(rep�iring said premises and rcnting
<br /> tlie vme and mllecting thc rents,revenues and income.and il may pay out of said incume ull expenses uf repairing eaid pcemises and necessary
<br /> cummissions and expenses incurred in reniing and man�ging the same and of collecting renlals titerefrom; tht balance remaining,if uny,tu 6e
<br /> applied ioaard the discharge of said mortgage indebtedness;thrse rights u(�he mungagec m�y be esercised at any time during�he exislence uf such
<br /> ' - dclauli,irrespective u(any tempuraq���•�irer of�he samr.
<br /> a
<br /> .. Tliesc PreseNs,huu�evcr,aic upun the ConJitiun,"1'hat il U�c said Afortgagur sliall(CO8)'S811I IU�II UII 01'�C�O(C[IIC O18ll1fl�)'U�S:IId SIIBICS b},
<br /> � p�ymeui:P�y munthly�o said ASSOCIAIION ul the sum specified in the bond secured hercbV as inlerest and principal un said luan,on ur beforc
<br /> �. �he Twentielh day ul cach and eecrv month,un�il said loan is tull��r�id:pay all i�xes anJ assessmen�s lecied ag�inst said premises and un tLis�lurtgage
<br /> C� and the Band secured thereby.befurc deliuyuenct;(urnish app�oveJ insurance upon th��buildings thercon in the smn u�5 47�ZQQ.QQ payablz . .
<br /> to uid ASSOCIA7l0;V:repay tu i�id ASSOCL�TIOV upun demand all muney by it paid for such ia�es,assessments and ins'urance with interest at -
<br /> . 1IlC I➢J%IfIIUIII Il'�'�I f:lll'thereun(rom Jate uf payment all ul�vhich t�turtgagur hemby agrecs to pay:permit nu was�c on saiJ prrmises;keep and comply
<br /> � � witl�all�he agrremerus and condiliuns uf ihe Bond lor���20�.�� �his day given by the said�torlgagur m said ASSOCIATIO\,and comply
<br /> with all the reyui�emcnis of the Cumtitutio«and[iyL�ws of said ASSOCIATION:ttren these presenls shall become null and void,uthenvise�hey
<br /> shall remain in(ull loree�nd may bc lureclosed a�thc uptiun of thc said ASS(H'IATIO\ �tter lailure lor threc munths tu fI7:lICC 8Il)'0�SBIII
<br /> �� paymcnts ur bc Ilirec mun�l�s in�Ift'JIS III II1:3K111�;S�III I11U111I1I}'�1:1}'111CI115.Of!ll F:fl`P;II1lI L11I11PI)'N'llll l�IC L�;fCL'111ci115 efill C11111I11Wf1S l)�SJIII ISUIIII;
<br /> � and Mongagur agrecs w ha�•e a ieeciver appointed furthwith in suclt foreclusure pruccedin�s.
<br /> �' II llll'(0 I!811V L'I180(;C 111 UWlll`ISlll�/O�Illtl fl'8I CSIBII'IllU(I�;3F1'lI I1L'fClfl�by s�Ie or otherwise.then thc entirc remaining indebtedness heraby
<br /> til`l'UfC/I SIIlII,il�IIIC V�l111I1 U�TIIL'I:yUIIdbII`OIIIIIIIfI(;JI7lI L�)�Il f,5511CI�11U11 ll��iIJI7lI ISI:IfII���C��BS{:J.become immediately Jue und payable�vi�hout
<br /> �Ut1�1Cf Illrlil'C,�II(�I�IC e111UUlll ren�aining duc Ilil�l'f SJII��UII(���I7(�eI1V UI�ICf�Uf1��0I:Illy additional advunces m�de thereunder,sh�ll,frum the
<br /> ll;l(l'l)I P%l'fl'ISl'U�S�III U�1IIU11,bl•Jf Illll'fl'SI�I IIIL`IIli1C1111UIi1 Il•�;�I f8ll'�;lflf�I�IIS IllUfl�;O�C may then be(orcclused to sati�fy the amount due on said
<br /> bnnd.and any uther bnnJ for addiiiunal�dvances,together wilh all sums paid by said l�he tyuitable Building anJ Luan Association uf Grand Islund,
<br /> Nebraska�UI IIISUfeOIC,l'J\l'S:IIIlI8551'SS1I1C(IlS�:ItIII��f�fBCIlI1F1'Xll'OSIUIICItif6C5,N9lIl interest thereun, fran date of payment at the maximum
<br /> - �cgal�ale.
<br /> Y; As providrd in the Bnnd secwed hereby,while tl�is rt�ur�gage remains in eflect the nwngagee may hrreafter advance�ddiliunal sums m the
<br /> m�kers uf s�id fiond.Iheir assigns ur successurs in interrs�,whicli sunu shall be within die security of this murtgage ihe same ae the funds uriginslly
<br /> ti securcd thereby.Ihe tutal amuunt of piincipal debi not lo rzceed at any time lhe uriginal amount of ihis murtgage. � �`\
<br /> � �z�i��s 21st ?����r June ,�.�i��,�'� 76 � ,� �
<br /> �� � � !L_�r.i'�' y l,.�; i ��.., � ��� ���
<br /> / . I./�)
<br /> a en . anconin L� '� sa'ra'F1.Panclionin��``C f
<br /> x STATEO(NL'BRASKA, ss. Onthis 2�St ,�Y�� June �`�76 ,bcforeme,
<br /> COUNTY OF HALL� � � :
<br /> � �he,und rSi ned,a N tary Public in and for said County,personally camo � �-�+r.��,�•��
<br /> � Galen L Pankonin and Sara M. Pankonin, each in �ii� and�er own ' H"«-`
<br /> � " ri ght and as Sp0U5Q�'�t�eas,k�,other, �"�1O dl'2 P��sonally Anown�u � �
<br /> me to be the idcntiwl perwn S.`,Z w7�y���ufenS�r, altixed to the abovc insuumcu�as iuurtgagor S and they severally �
<br />�-� acknuwledged dx suid ms,,,���lr�}}}�fi�enl�e'��"�T�e.;(`�:;�vlun�ary act and Jeed. /' �� �
<br />'_ . �3I�NI`��E.Illl�t�lUl NVIJfIdI SC31(CIC lIBIC B�Uffldlll. / � � . �
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