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<br /> ntokTGAGL•LOANNO.__� ZZ,209 MGIC
<br /> � KNOW ALL Af1:N DY THGSLPRGS�N'iS:That Dal e D. Lemburg and Conni e L. Lemburg, each i n hi s and
<br /> her own right and d5 spouse of each other, A1urtgagor,whetheroneorntore,inconsideratiunofthesumuf
<br /> Twentv-nine Thousand Three Hundred Fifty and No/100--------------------------------uo��aas
<br /> loaued to said mor�gagor by The liyuitable 13uilding and Luan Associatiun o(Grand Island,Nebraska,Aturtgagee,upon 293 ehures oC stock of .
<br /> � said ASSOCIATION,Certificale No.L ?Z�ZO9MGIG�0��ercby grunt, convey and mortgage unto tl�e said ASSOCIATION the following ,
<br /> � Jescribed real estatc,situated in Ilall Counly,Nebraska:
<br /> THE WESTERLY SIXTEEN FEET (W16') OF LOT TWO (2) AND EASTERLY
<br /> FORTY-FIVE FEET (E45') OF LOT ONE (1), BLOCK ONE (1), WESTER-
<br /> HOFF'S FIRST SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL
<br /> COUNTY, NEBRASKA.
<br /> � together with all the trnements,hrreditamems and appurten�nces�hereumo 6elunging,including attached flour cuserings,all window ureens,
<br /> window sliades,blinds,stuim windnws,awnings,hcaiing,air cunditioning,ar�d plumbing and�cater equipn:ent and acassories thereto,pumps,stoves, �
<br /> re(rigrrators,and uther fixwrcs and equipmem nuw or herea(tar�ttacl�ed to ur useJ in connectiun witl�said real estate. .
<br /> � And whereas thr saiJ mongagor f��s agrced and does hercby agrec thai the murtgagor shall and will pay all taxes and assessments Ievied or �
<br /> �� asxssed upun s�id premises and upun this mortgagc and ihe bonJ secured thereby before�he sxme shall becume delinquent;to furnish approved
<br /> insurance upon the buildings on said premises situaicd iu thc sum o(S 29 350.00 P�)���)IC to s:tid ASSOCLITIOV and to deliver to said �
<br /> � ASSOCIA"flON die policies(or s�id insur�nce:and not�u cmnmit ur permii:tny waste un or abuut said premises;
<br /> � In case of de(ault in�he perfurmance ot any o(the tenns and con:litions uf this murtgage ur tl�e bond secured hereby,the mortgagee shall,
<br /> t� � on demanJ,be enti�led to inuncdiate posussion ot the mortgaged premises and the mong�gor hereby assi@ns, [rans(ers and sets over to the
<br /> : mortgagre all the rems,rerenues nnd inrome tu be derived frum the nwrtgsged premises during such time as the mor[gaEe indebtedness shall remain -
<br /> . unpaid:and tlir mun�agce shall havc dic power tu appuint auy agcut ur agenls it may desire(or thr purpost of cepiiring said premises and renting �
<br /> the same anJ collecting the renis,revenuts and income,and it may p�y uut ol's�id incume all expenses of repairing said premises and necessary �
<br /> �. � cuinmissions and expenses incuued in rcn�ine anS m�nuging the s:ttne m�d of collecting rentals dierefrom:the balance remaining,i(any,l0 6e
<br /> applied iowarJ ihe discharge of s�id mortg�ge indebtedness;�hrse rights o(the mortgagee may be exercisrd at any time during the existence of such
<br /> dcfauh,irrespective oC any temporaq��4'uiver u(ihe s�me.
<br /> T��ese Presents,huwaver,art upun thc Cundition.'�hul il tha said 1lortgagur shall repa}'said loan on or be(ore tl�e maturiry oC said shares by
<br /> payment:pay munthly tu ssid ASSOCIATION uf the wm specificd in the Bund secu�ed hereby as imerest and principal on said loan,on or be(orc
<br /> � ihe Tweutieth day u(each a�id ercry month,until��id luan is(ully paid:pay all iaxes and assessments levied xgainst said prcmiscs and on this Afortgage
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<br /> and the Uond secured thercby,6efore Jelinyuancp;iurnish approred insur�nce upon thc buildings thereun in the sum of 5 29,350.00 P�5'���e �.
<br /> . �o said ASSOCI�TIO\:rep�y tu s�id ASSOCI.\TIOV upon demunJ all muney by it paid(or such taxes,assessments and insurance with interest at
<br /> � � the maximum legal rate tttereon Gum date oF puqmcni ail ul'which�tortgagor hrreby agrces w pay;Permit nu waste on said premises;keep and comply
<br /> ���i�h all the ag�eements and cunditiuns of the ISond for S z9,350.00 en�s day given by Ihe said plorlgugu[tu s�id ASSOCIATION,and comply �
<br /> �+�ith all the«yuiremems of the Cunsti�utiun and By-Laws of said ASSOCIATION;then these presents shall become null and void,otl�erwise they
<br /> shall remain in full furce and m�y bc lu:e�lused at the optiun ul the said ASSO('IATIO� after failure fur threc mun[hs tu make any u(said
<br /> paymenis u�be Ihrcr munths in ancan in m:iking said inmtthiy payments,ur�u Acep�nd comply witl�the agrcements and wnditions u(said f3ond:
<br /> and�lortgogor agrees tu have a recciver appuinted luntttcith in such tureclusurc pruccedings.
<br /> I(there is�ny change in uwnership of lhc rcal cstaic tnnrtgaged herein,by s�le ur uiherwise,then the eniirc remaining indebtedness heceby
<br /> secu�ed shall,at thz optiun uf Thc liquitable[iuilding and Lo�n Associa�ion of Grand IslanJ,Nebr�skv,bewme immediately due and payable wi�huut
<br /> further noiice,�nJ the amuunt rrmsining due under said hund,and any u�her bond for any udJitional ad�ances made thereunder,shall,from the
<br /> �, date ol exercisr ul said uptiun,bear interest at the maximum legal rate,and this mortgage may then be foceclosed to satisfy the amount due un said
<br /> bunJ,and any uther bund(or:�dditional advances,togeU�cr witl�all sums paid by said The fyuitable Building and Luan Associatiun of Crand Island,
<br /> NPbfd5F:8 COf If1SOfdI1CC,l�%CS 8(IlI�SSCSSq1PI1I5,711�e�Sll�ChflK C%1Cf151011 l'I1:If6C5,W1�II interest thereon,from date u(payment at thr masimum
<br /> �C6��f:lll`.
<br /> As p�ovideJ in the�ond secured hereby,while this murtgdge remains in effect the mortgagce may I�ereafter advance additional sums to the
<br /> makers uf said dund,thcir assigns ur successors in interest,which sums shall bc within thc security uf�his murtgxgc the same as thc lunds originally
<br /> secureJ thereby,d�e�olal ammmt of principal drbt nut�o exceed•at any tirtie the original amount of ihis ntartgage.
<br /> " i���rd�i��s 2($th ��v�� June n.u.,t�76
<br /> 4• � ' 7 1,�_�.L.��_
<br /> � t �emb �
<br /> S 9- � �
<br /> Connie L. Le burg
<br /> STATE OF NGBRASY.A,�ss. On Iliis 2$th ��'�)'�� June �9]( ,beCore me, _
<br /> COUN7Y OF tIALL I ,
<br /> ' the undersigned,a Notary Public in and Ibr said County,perwnally came � - -
<br /> Dale D. Lemburg and Connie L. Lemburg, each in his and her own right and as spouse of N->'.
<br /> each other, ���10 are perwnullyknownto � �
<br /> ime lo be the idrnlical penun S �'hosr name s are a(fixed to thc x6ove instm mungagur5 and they sevcrally
<br />�' acknowledged the saiJ instrument ro be thei r ��oluntary act and deed. /'Ly l �`' `� .
<br /> q,. WIT�GSS my hand and No�arial Sral the datc afbresaid. � v / / �//�' I� �
<br />'E'� 41y Commission cxpires '�/' ?� !/ �/�. C� ...
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