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<br /> AIORTCACG
<br /> AfORTGAGI:LOAN N0. LZZ,306
<br /> � KNUIVALLh1@NIiYTHGSGPRE:SGNTS:That Donald J. Le9feld, a single person, �
<br /> Mortgagor,whether one or more,in wnsidcration of the sum of ��
<br /> '. ' Thirtv-two Thousand and No/100-----------------------------------------------------Do�Lnizs
<br /> luaned to said mortgagor by The Lyuitable I3uilding and Luan Associatiun uf Grand Island,�eb�aska,Aiurtgagee,upun 3Z� shares o(stock uf
<br /> : said ASSOCIAT(ON,Certificate No.L 22,306 ,du�ureby g�ant,canvey and mortgage unto the seid ASSOC(AT10N the folluwing
<br /> describad rea!estale,siivated in Hall Counry,Nebmska:
<br /> LOT ONE (1) IN ISLAND ACRES NUMBER 12, IN
<br /> THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA, AS SURVEYED, PLATTED AND RECORDED.
<br /> 2;
<br /> tugether with all ihe tenements,hereditaments and appurtenana•s thereuntu be(uneing,induding attuched Ilour coverings,all window screcns,
<br /> winJo�v sh�drs.blinds,sturm w�inJows,awnings,lieating,air conditiuning,and plumbing and water equipment and acceswries thereto,pumps.stoves,
<br /> �. relrigeraturs,and uthrr lis�ures and eyuipment no�v ur hereafler�tt:�ched to or used in cunnec�ion with said mal estate. �
<br /> And whereas the said mortg�gor has agreed and dues hereby aFrec that �he murte,acur shall and will pay all[axes and assessments levied or
<br /> . assessed upun said premises and upun this morigage and the bond secured thereby 6cli�re the s�nu shall become detinyuent;to Curnish approved
<br /> � insur�nce upun tl�c buildings un said prcmises situated in the sum uf S 32����.0� p�>'�nle tu s�id ASSOCIATION and to deliver m s�id
<br /> �� � ASSOCIATION the policics Im said insurance;and not to mmmit ut permit any wastc on o�aUuut said premises;
<br /> $: ' In ease u(default in tiie performance oi any ol'the tenns and cunditiuns ul'this murtK�ge ur ihe 6ond secured hereby.the mortgagce shall,
<br /> . un demand.bc en�iUed to immedia�e possessiun uf the ntortgaged premises �nd the murtgegur hereby xssigns. transfers and sets over tu ihe
<br /> � moncigee all the rents.rerenues and income tu 6c derived irom the nwrigaeed uremiscs during such time�s the mur[gage indebredness ahall remain
<br /> unp�id:and Ihc morlgagee slull hace thc puwer Iu appui�u any�agent ur agcnts i� m��'dcsire for�he purpuse uf rep3iring said premises�nd renting
<br /> the same and collecting the«nts,ro��enues and iuco:nr,and it may pay out of said income ell expenses oC rep�iring said premises and necessary
<br /> � cummissiuns and expenxs incurred in rcnting and manatiing Uie samr and ul collreting mntals theroProm:the Lalance remaining,il any,w br
<br /> - BP�IIL'II(U1C:IflI l{IC dischacgc O�SAIII fll0fl(;:I�;L'Ifllll'blC(IOl'S5:1I1C5C fIFI71S U�llll'murtgaece m�y be exercised at�ny time during the exi�tenre uC such
<br /> � Jcl�ult.irrespcctice of any icmpurary waivcr uf the same.
<br /> K
<br /> �. 'fh�•u Presen�s,ho�s'evrr,arc upon lhe Condition.�I�h�t il ihe saiJ\torteagur shall tepay said lu�n on ur hetorc;he mawrity of s:iid sft�res by,
<br /> �'�. � p��'nten�:pay monthly tu saiJ ASSOCIATION u(ihe sunt speeified in the Uond secured hercby as interes[and prinapsl un said loan,un ur before
<br /> � the 7\�'entieih Jay ul each and even�ntonth,until s�id lo�n is(uII}'paid:Pay aIl i��cs�nJ�ssessments levied��ainst s�id premises xnd on this Dturtgage
<br /> �; 32 ��0.��
<br /> .i� � and Ihe Bund secured thereby,before delinyuenc};furnish appmved inzu��nee upun the buildincs th:raon in the,um uf S > p�yable
<br /> � tu vid ASSOCIATIU'�:repxy ro s�id:�tiSOI'IATIOti upon demand all mouey by i[p�id iu�such taxes,nssessments anJ insurance with intercst at .
<br /> the maximum lee�l�ate thc�eun frum date of p�yment all ul whizh Mortgagm hereby a��ees m pay:permit nu waste on said premises:keep�nd cumply
<br /> #�- with all the agrecntents and conditiuns ul the Nond lur 5 32 ���.�0 this daq civen by the said�fungagur to said ASSOCIATIO\,and comply,
<br /> �vith�II tl:c reyuimmenis oi thc Cunstituuun�nd By�La�vs ut�said ASS(X'IA'fION:then these prcsents�i�all become null and vuid,utherwix ihey
<br /> �� shall rcmain in full(urce and m�y bc(oreclosed at the optiun u(the said ASS(XIA"[ION afler iailurc �m �h«e munths to mske any u(said
<br /> payments u�br th�ec munths in a�rears in making said monUily payments,or tu kcep and cumply H�ith�he agrermenis and cunditions ul said Bond;
<br /> , and.'.lortgagor aerees w Itavc a rectiver appuinted(untns'ith in such fureclusure procccJings.
<br /> y� � If there IS BfIV lll:lll�l'III UR711'fSlll�U�IVII'fl'�I l'SI�IC IIIUII�']�CII I12IC10,I1V 58IC or uthc«visc,then tha cntire remaining indebtedness hereby
<br /> ; . secu�ed shall,at the opiion u('fhe Lyuil�ble Building�nd Luan Associstiun ol Grand Islund.lebraska.bemme immediately due and p�yable without
<br /> furthet notitt,and�he amuunt rem�ining duc unJcr said bund,and a�q�otlicr bund for any additional advances made thercunder,shall,Irom the
<br /> date uf exercise uf said uptiun,bear interesi at the msximum leFal rate,and ihis mortgage may then be ioreclosed to satisfy�he amuunt due on seiS
<br /> bund,and any utlicr bund for additiunal ad��nces,tugether a�itli all swns paid by said The Gyuitable Building and Luan Aswciation o(Grand Islund.
<br /> KCbfflSl:d POf II15li(:1011',I3%CS:III�eSSI'SSIi1CN5,BfIII 8b5lf�l'411G l`XlC11S1U11 L'II�f�;PS,R'l1ll interest thercun, liom d�te u(p�ymcnt al the mazimum
<br /> �l`�':l�IJIC.
<br /> !� r�S(1ft1Y1�C1�Ifl IIIC ISOIIII Sl'Cl1IClI IlC(l'h}'.K'IIIIL'IIIIS IIiJII�:I�t IPII171(li IIl C�il'll II1C I7WIIKAbI'C Pl'1Y I1CIC1IlCf 2lIVefll:C�lllllllOfl9l SIlP15 l0 lIl[
<br /> } make�s of said Qond,thcir assigns ur successers in intercsi,���hich sums shali be within the securiiy o(this mortgaer the sxme as the funds uri�inally
<br /> - secured the�cby.the totsl amuunt ul principal dcbt nut to cacecd at�ny time ilie uriginal amoum o(this mortgage.
<br /> io��za�t��5 24th �:,�"i August � ��.�" 76
<br /> { �J✓�.�,lii � r ,ec;.�l�
<br /> Donald J. L'eifeld
<br /> STATEOFNLBRASKA, Z4tfl �;��.uf AU USt ly�6 ,be(oreme,
<br /> counrv or fi���
<br /> s5. o���h�s 9
<br /> tht undersigned.a Nutary Public in and(or said Cuunty,Personally came ����''
<br /> Donald J. Leifeld, a single person, �N ...
<br /> µ�hu 1 5 personally known io ? ..
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<br /> me tu be the idr p�r,soM�� whose name 1 S affixed to the a6u��e instrumcnt as murtgagor and he X9C90%sUX ;d;. �
<br />. acknowledge �ajtLfQlt�At���j' hl S ��oluntary ace and deed. �"�� '
<br />' �_�R5L7'NGSS mj�j��uu��+ Notarial Scal lhe datc aCoresai�. . �
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