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<br />�-' MORTGAGE—SaWnga and I.oan Form--(Dtrect Crodit Plau) 255�1 (Speclaq
<br /> � �M � MORTGAGE �
<br /> . 76- �04��$
<br /> ��No $
<br /> � f 'fHI3 1NDEN7UNE,made thb 31St a� o� July ,1976 byandbetween � �
<br /> DERL D. LUNKWITZ AND MARLENE D. LUNKWITZ husband and wife each in his and h r own inht�
<br /> y 3 add as spouse of the other
<br /> . � o!_ �11 County,Nebraskn,m moriqagor 5 and Home Fedeml Savtnqa and Loan Aesociatlon of Grand Island,
<br /> a corporation o�ganized and aztatlng undcr the lawa al Nebraeka with ita pr(ndpa!oflice and plaw of buaineeo at Grand Iel�d,Nebraska,
<br /> aa mortqagea;
<br /> � W17NESSETH: That eaid moNgaqor S for aad ia coneldecatlon ot the aum ot
<br /> ' TWENTY FOUR THOUSAND AND NO/100-----------------------------------Totlam cs 2�+,000.00 �,
<br /> „ � �he receipt ot which ie howby advowledged,do—by iheee preeente monqage md wartant un�o eaid mortqagao, Ile euccessore and �
<br /> � aneigna,forever,all tho following described real eatate,aitunted in the county ol II811 �
<br /> ' and State ot Nebxaalm,to-wit:
<br /> '` THE NORTH FORTY-r",IGh� (N 48') OF LOT Oi1E (i), IN BLOCK TWCNTY-ONC (21), IN SCARPP''.i ��
<br /> � ADDITION TO WEST LAWN, IN THE CITY OF GItANU ISLAND, iIALL COUNTY, NEBRASKA, AND A TRACT ; I
<br /> S OF LAND, BEING A PART OF WNAT WAS FORMERLY WEST 17TH STREET IN TIiE CITY OF GRAND �
<br /> (� ISLAND, tiALL COUNTY, NEllRASKA, VACATED BY ORDINANCE ;k 3993 OF S&ID CITY, P10RE
<br /> PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF LOT ONG (1),
<br /> S� IN BLOCK TWENTY-ONE (21), IN SCARFF'S ADDITIOPJ TO WEST LAWN, IN THE CITY OP GRAND ISLA �
<br /> �� HALL COUNTY, NEBRASKA; THENCE RUNNING EAST ON THE NORTH LINE OP SAID LOT ONE (1) FOR S
<br /> $ A DISTANCE OF 175.0 FFET TO THE NORTHEAST CORNER OF SAID LOT ONE (1); THENCE RUNNING S
<br /> f NORTH ON A PROLONGATION OF THE EAST LINE OC• SAID LO'P ONE (1), r0R A DISTANCE OP TWO �
<br /> �� FEET (2'); THENCE RUNNING WEST PARALLEL TO THE NORTH LINE OF SAID LOT ONE (1) POR A '
<br /> DISTANCE OF 175.0 FEET TO A POINT ON THE WESTERLY LINE OF SAID LOT.�ONE (1), IF THE �
<br /> �� SAME WERE EXTENDED TO THE NORTH; THENCE SOl7TFI TWO FEET (2') TO THE NORTHWEST CORNER �
<br /> OF SAID LOT ONE (1), IIEING THE POINT OF I3EGINNING.
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<br /> _ ��tS SS
<br /> �3 Togalher wilh all hoatinq, lighting, and plumhi¢g equipment and 1lxturee,including riaken vnd burncrn,encone,ownlnqe,etormwindowe �t}
<br /> �S and doors,aad windaw ehodee or blindn,used on or ia coanection with aaid prope:ly,w6ather tha eama are now located on eaid property f
<br /> . i; on c�realter placed Ihnreon. �
<br /> 70 HAVE AND TO FIOLD 7FiE SkME,together with all and einqular lho tenomenb,6oteditamente and appurten¢ncea ihereunto beloag- {{{Sjf
<br /> �# ing,or in anywiee appertaintng,forever,and worr¢nt tha Utle lo lha eame. Said mortqaqor S horeby coveaant—with avid mortqaqeo <>
<br /> S� Ihat�he�_ ?r� .ot the delivery he�eof,the lawtul owner 5 ot tho premisae above conveyed¢nd deecribed,and �rP � �
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<br /> '� S seizod of a qood and indeleaeiblo estale ot inhcrilance lherein,frea and tlea[ol all entumbrancee,md lhat t}ie y will worrant and +
<br /> j delend Ihe 611e iheralo torever againnt tho daime and demand�01 all peisonn whomaoever. �
<br /> j �t i.
<br /> � PAOVIDED ALWAYS, and thie instrument ie e:ecuted and delivered lo nocu�e ihe paymant of lho eum of $
<br /> TWENTY FOUR THOUSAIID AND NO/100----- --nollarn (5 �4,000.00 � #
<br /> with intereet theroon, logather with auch thargee and adv¢ncee ue may be duo ¢nd paynblo lo eaid mortgageo under the tertvs and #
<br /> � �
<br /> : mndilione of lho promiaeocy nola o1 even date ha[ewith und eecwed heieby,execuled by emd mmlgagor 5 lo noid marlgugee,payable
<br /> ae e:prensed in eaid aoto,and to eecure the pertormance ol nll lho larms and condi4om conlaiaed ihviein. 7ha terms ol aaid noto aco �
<br /> S; he[e6y incorporated 6erain by thSs refereaca.
<br /> �� It ie the inten6oa and ag�eement o(the pariies hemlo that ihie morigage alwll aleo eocure any luture odvar.cea moda lo eaid �
<br /> , i morlqaqor 5 by amd morigagre, and any md all Indeblednem ia additloa to tho amomt abova etatod which said morlgago�e, or any �
<br /> E #$ ot ihem, may owo to eaid mortgagao,however evidenced, whel6or by note.600lc accoun!or otherwiso. 7hie morlgage ehal!ramain in lull
<br /> $ toice and eftecf belween the partiea herato and tl�oir 6cin,pareonal repreaentaGve�, eucceeeora and nseique, until all ¢mounU secured ��
<br /> �� jsj hereunder,indudiuq luhue advancee.are paid la lull with intereet
<br /> +j Tho morigagor S hereby anelq�—to eaid morigagae aU reata and Income arielnq al aay and ail time� lmm enid proparty and $�
<br /> � Sj hare6y aut6oriza wid mortgagoa or (te agenl, at tls opHon, upcn delault,to taka charge ol said properiy and collect all rents and(nwme �f
<br /> T iherelmm and apply t6o eamo lo lhe payment ol interest,pdncipnl,laeurance premluma,lazoe,aaaeeemealn, cepmrs ot improvemenU aecoe- ts
<br /> �� nary Io kcep eaid proper�y in tenantable couditton,or to other chmgee or pnymenb p[ovided!or hnrein or tn�ha nole hereby aecured. 7lile lt
<br /> �` (t' rem aeaigntneat ahal!toaflnue in lorce until the unpaid balance of eoid nole Is lully pdd The taking o!poaseaeio¢he[eunder ehall la no j
<br /> �, 3' manaer preve¢t or relard:aaid-.mnclq�gas�lndha.00lloclirm of.e¢Id nums by lorecloeura or othenvina. �$
<br /> � ,�t: .;,, ,..., , �s
<br /> F $� Tho lailuie o! lhe m�igagee !o.¢teett aay pj,1y riqhle heceunder at any time ahall not be tonnlrued ae a w¢iver of Its tight to aexrt 3
<br /> i- �� Iha eama at any iater lime,and tq Imu!'upoa and ealosco nrtd compBance with all the terme and proviaions ol said no�o and o: thla ��
<br /> morigaga. r � �
<br /> �SS
<br />� � j ❑said moriqagor S ahall cauee to bo pafd to sa{d mortgogoe the antGe amount due It herounder,and undvr tho M�mn md proviaioni yy
<br /> � � ol eald no�e hereby�acured Includiaq lutura advancev,and any eatamlon�or iemwaL thereo! In acco�dance with We tarms and pmvidow ;t
<br /> A � S
<br /> Ihe�eof,a¢d il evid mottgvqor_S_shall comply with all lhe p[ovidoas o1 eatd note and oi thle mortgago,thon lheee pweanb ehnll be void; ��
<br /> ,� o�aiwiie to remda fa lull lome and e!loct,aad�aid mo:lgaqee�hall be entiUad to the poa�eufon ot alt of aaid prope�ty.�d may,at ite F. ,
<br /> � oplfon,declare�he�vhole at said note and all iadebtedneu repre�ented Ihereby lo ba Immediately due ond payable.md may loreclone lhii r$ �.;
<br /> � ma�igaqe or take aap ather logal actioa fo proteet!te dg6t,and Irom the date ol euch delvult all Items ol indeb�edneae �ocured hereby Sr �,
<br /> �S ehall draw intereet at 9%per maum. Appmisement waived � N',��,
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<br /> � $f 2hb morlgage�Aall be bindlnq upoa and�hall mure to the b�nellt o(the heln,ezecuton,adminldiato�e.�ucco�nou and aaeiqne o! {� � � ���
<br /> SiIho re�pectivs partie�hereto. �;
<br />� f� s ve their f� `�
<br /> I17 VlITl7FS9 Wf�AEOP, eald Moatqaqor _.ba— hereuafo �et han�S the day and ycar liret above �� f�.
<br /> wrllten. /
<br />_ �$ G y//, f 11T
<br /> S \�lLi�( '•,'��!_ d�� <_. �� i�/ l ',' ` �{{
<br /> n� ;� Derl D. Lunkwitz Marlene D. Lunkwitz ' - �i
<br /> $
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