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<br /> n�oitTcnc;l'_LOAN NQ. L 2Z,295
<br /> I:NOWALLA1CNllYTHBSCPR[SCNTS:That David V. Lofgreen and Lana L. Lofgreen, each in his and
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<br /> her own right and as spouse of each other,
<br /> � �lortgagor,whether one or more,in consideratiun of the sum of
<br /> ' Sixty Thousand Eight Hundred and No/100------------------------------------------' Doi.Lnizs
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<br /> luaned to said murtgagor hy Thc F.qui�able 13uilding and Lu�n Aswciation uf Grand fsland,Nebraska,llurtgagee,upun 608 shares of stock of .
<br /> '; saiJ ASSOCIA710N.Certificatc No.L ZZ,295 ,do hereby grent,convey and mortgage unto the said ASSOCIATION tLe fullowing
<br /> y�. described real es�ate,situated in Hall Cuunty,Nebraska:
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<br /> LOT TWELUE (12) IN BLOCK FOUR (4) IN REPLAT OF
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<br /> RIVERSIDE ACRES, AN ADDTTIOt4 TO THE CITY OF
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<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> together with all the cenemen�s,hereJitaments and appurtenances thereuntu belonEine including atiached iloor cuverines,all window screens, -� �.
<br /> u�indow shaJes,blinds,storni«�indows,a�snings,l�eutin�:,air conditioning.and plumbing and a'ater eyuipment and acceswries thereto,pumps,stoves, . . � .
<br /> refri@er�toa,and other tiatures and zquipment nuw or hereafter auached to or used in cunnectiun wiih said�eal estate. . . .
<br /> And whrreas the said mortg�gor h�s agr.zd and doet hcieby agrec that thc mon,�agur shall and will pay all taxes and assessments levied or � - - _ '
<br /> assessed upon s�id premises and upon diis mo�te�ge an�the bond secured thereby before the same sh�ll 6ecome deline{uent:to tumish appmved . . . �
<br /> x��,� insurancr upun the buildings on s�id premises siivated in the smn ol'� 60.HOO.00 pay�ble w said ASSOGATIO� and m delieer to said � . �
<br /> ASSOCIATI01 the pulicies for said insurance;and not tu commit or permit any waste on or�buut said prcmises; . .
<br /> ��,� In ca}e uf drfaul[in the pa�ibnnance uf any of die terms and cunditions of this murtg�ge or the bond secured hereby,the mortgagee shall, � -� ��
<br /> un dem�nd,bc emided to immedi��e pussession ol tlie mortgaged premises and the m�ngagur h:rcby assigns, tcansfers and sets over to the .
<br /> "; mortgagee all the rrnts,revenuax and incume tu be drrived Irom the murtgaged premises during such time as the murtgage indebtedness shall remain �
<br /> unpaid;and the mortgacce sh�ll haec the puwer to appuin[an}•�Ecnt ur agents it mav dzsire lor the purpuse oC«pairing said pcemises and rcnting � � ��
<br /> the s�me and collecting the rcnts,�emnues and income,and i�muy p�}�aut of slid incunu all expenses uf�epairine s:�id premises and necess�ry � - �
<br /> commissimu and espenses incwred in rrming and managin�the sanm and uC rolleninE rentals therefrom:the balance remaining,i(eny,to be .� � .�
<br />; V applied tow�rd thc disd�argc u(said murtgaee indebtedness:thesc dghts ul thc murtca�;ce may be eserciud at any time during the existcnce af such . . �
<br /> deC�ult.ir�espective uf uny tzmpotaty x'aivrr o�die s�me. - � �
<br /> These Presznts,howe��cr,�rr upon the Cunditiun,l h�t i(the said Alurteagor�hall rcpay siid loan un ur bclurc the maturity o(said shares b>' .. . . . �
<br /> payment:p�y munthly iu said ASSOCIATIOV uf the sum specilicd in the I3und secured hereby uS h1(CfCSI 811L principal un said loxn,on or before . .
<br /> [�1C TN'tlllll'IIl ll:l1'Uf P:IIII JIIII l'Yl'f1'fll(1fIlIl.Ili7lll S:IIII IU:lI1 1S ILLII�'PJI(I.P:ll'�II l3a�S ifllll:lSS�S5177Cf1I5Il'Vll'll3f;�lflSl S�id PICI711SC$3111I0I1 II115�+I�[I�2gC '
<br /> and the Bond secureJ it�crcby,br(o�e drlinyuency;f w nish appw��ed insurance upon U�e buildings thereun in the sum u(5 EO.80�.�� payable . .
<br /> to said ASSOCI:1T10�:�epap�u said:15SOClATIOV upon dem�nd all money b} it paid lo�such tases,nssessments�nd insurance with interest at
<br /> the rnsximum legal rate thereon Crum date o(pa}�ment�II uf��•hich lfurt�:v�;ur heiebp agrees to psy;pem�it nu waste un s:�id premises;keep snd comply � � � � �
<br /> with all the agrcements and condi�imu o(the eond fur S 60.800.00 ����}��Y E��'�n by the uid�ton�gur to said ASSOGATION,and comply � � . � � � �-
<br /> ���ith all the rryuirenxnts ui�he Cuns'titmion and f3y�La�vs o1's�id ASSOCIATIO\;then thesr prescnts shall btcome null and voiJ,ud�erwisa they � � . .
<br /> sh�ll remain in full(urcr and tn�y b:Iorcciused at the uption uf�he s�id ASSOCIATION after failure fur three mnnths m rnakr eny o(said . �� � . ��.
<br /> p:+}•mrnts ur be three munths in ar�e��s in m�king s�id munihly p�ym�nts,or tu keep anJ cumply with lhe ag�cements anJ condiiions ol said Bond: .
<br /> �nd Alungagor ug�ecs m tiave a tceeiver uppoinied lu�tliwfth in such tureclusure proccedi�tgs. � .
<br /> If ihere is any ehange in ownenhip ut thc rcal est�te morigagcd hcrcin,by sale ur utherwise,then Ihe entire remxining indebtedness hereby � �
<br /> secu«d sh�ll,at the option u[Tht Lyuitable f3uilding aud l.oan Associatiun uf Grand Island,'�ebraska,become immediately due and payable witlwut . � . .
<br /> furtl�er nutice,and ihr�muunt remaining due under said bund,and any uther bunJ for any aJdition�l advances muJe d�ereunder,shall,Crum the .
<br /> date uf excreix uf s�iJ option.benr interes��i thr maximum Ic�al rate,and ihis mungage may dicn be lorcclused w s�tis(y the amount due on said
<br /> bond,and any other bond for addiiiunal ad��ances,together e�ith all smns p�id by said'fhe Lyuitable Building and Luan Assuciatiun of Grand Island, �
<br /> 1e6raska fm insurencr,taxes and asse�sments,xnd abstracting e.etensiun d���grs',x�ith interc:t ihereon, from dace of peymenl at the maximum �
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<br /> :1s pruvideJ in the{3ond mcwed herely,a�hile Ihis mongage rem�im in elk�t the mur�gagee may herca(ter ad��ance additional smns to the -
<br /> nukers o(s;�id RonJ,their assigns ur succrssurs in inte�at,which sums shall be wiihin�he security of this murtgage thr same as the funds uri�inally � .
<br /> ucu�ed ttiereb}•,the tutal amuum of principal debt noi to exceed a�uriy iime the original mnuunt uf this murtgage. .
<br /> Sa ed this � �' day u( AUgUSt ��n� �� 76
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<br /> avi . ofg ee tana . Lofgreen =' 7
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<br /> STATE OF NEDRASKA.�Ss. On this lZth da>'of August 1`) ]( ,beforc me,
<br /> COUNTY OF t1ALL .� :,+ r�:�
<br /> the undersigned,a Notap�Public in znd for said Cuunty,perwnally came ��' .
<br /> David V. Lofgreen and Lana L. Lofgreen, each in his and her own right and as spouse of N �
<br /> � 2dCh other, "'bu dre pe�sonally known to � � �
<br /> me to be the identicat perwn S •a�huse name s a re atfixed to the above instrument us mortgugo� 5 and they severully �r
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<br /> acknowledged the sxid instrument to be thei r vuluntary act and deeJ. � ����i // � � '
<br /> --,.. 1VIT\LSS my hand and Nntarial Seal the date afo�esaiJ. /�. . , ��`� ( �� .
<br /> � �, . �� ��•�D4y Curpmi6sipJ�cxpires - � �\'y - �
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