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<br /> :� hfORTGACL•LOAN N0. � 22,339
<br /> � KNOW ALL MEN BY THGSE PRESENTS:That W1��7 dlfl J. LdWtOfl and Marci a J. Lawton, 2dCh 7� h 7 S hcld
<br /> her own right and dS spouse of each other, Mortgegor,whetheroneormom,inwnsiderationofthesumof
<br /> � Six Thousand Four Hundred and No/100----------------------------------------------- _
<br /> DOLLARS
<br /> �, loaned to said mortgago�by The Equitxble Building and Loan Association oCGrand Island,NebrasF:a,htortgxgee,upon 64 shares ot stock ot
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<br /> ssid ASSOCIATION,Ce�tificate No.L 22 3�q ,Jo hereby grant,convey and mortgage unto the said ASSOC[ATION the(o!lowing
<br /> i describeJ rcal estate,situated in Hall Cuunty,Nebraska:
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<br /> -.°� ALL OF THE EASTERLY THIRTY-TWO AND ONE-FOURTH
<br /> ' fEET (E. 3234') Of THE NORTH ONE-HALf (NZ)
<br /> ,i OF LOT EIGHT (8) OF THE COUNTY SUBDIVISION Of
<br /> PART OF THE S;SEq OF SECTION SIXTEEN (16) IN ;
<br /> ;;� TOWNSHIP ELEVEN (11), NORTH, RANGE NINE (9)
<br /> WEST OF THE 6TH P.M.
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<br /> iogether with xll the tenrments,hereJiiaments and appur�enances thereunm 6elonging,including attached floor coverings,all window screens,
<br /> ��_�s window shades,blinds,storm winduws,awnings,heating,air wnditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, - � � � . .
<br /> reGigerators,and other fixtures and equipment nou•or hereafter attached to or used in connection with said real estate. � - � .. . .
<br /> And whereas the said mortgagor has agrecd and does hereby agrec that the mortgagor shall and wili pay all taxee and assesunents levied or
<br /> �� anessed upon s:�id premises and upun ihis mortgage and the bond sewred diereby before the same shall become delinquenr,to furnish npproved .. � � � �
<br /> ^�'.�� inmrance upon the buildings on s:�id prrmises situated in the sum oiS (.�QQQ.QQ payable to said ASSOC[ATION and to delivtr to s7id : . � � �
<br /> ASSOCIATION the policies for said insurance;and nol to commit ur permrt any waste on or about said pcemises . � � � � �
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<br /> .;;,.{ � !n c;ue of deCaul[in the perfommncn of any u!the terms and conditions o(this mortgage ur the bond secured hereby,the mortgagee shall, �� � . � � �
<br /> on demand,bc cntiAed to immedi�te possession of the mortgageS premises and the mortg:+gor herebq assigns, transfers and sets over ro the . � �
<br /> ��! mungagee all the rcnts,revenues and income to be deriveJ from the mortgaged premises during such time as the mortgage indebtedness shall rtmain � � �
<br /> R���:, unpaid;and the mongagee shall have the power to appoint any agent ur agents it may desire!or the purpose of repairing said premises and renting � . . �
<br /> the same and wllecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary � � � �� �
<br /> commiuions and expenses incurred in renting and mana�ing the same and of rollecting rentals tlierefrom:the balance remaining,if any,to be
<br /> applied toward the discharge of:aid mortgage indebtedness;ihese rights of the mortgaget may be exereiud at any[ime during the existence of such � � � � �
<br /> �:��.1 defaul�,irrcspective o(any temporary waiver oi the same. .
<br /> � ? These Presents,I�owever,are upon the Condition,That if the said 1lortgagor shall rep�y said loan on or befure the matucity of said shares by . . ,
<br /> p�yment;pay monthly m said ASSOCIA'IIO`J uf tha sum speciGed in the Bond secured hereby as inierest xnd principal on said loan,on or beforc � .
<br /> thc Te�entieth day of each anS cverv month,until said luan is(ully paid;pay all�axes and assessments IevieJ against said premises and on this Alortgage � . � �
<br /> �' f and the I3onJ secureJ thereby,before delin uenc�;furnish a a^ � �
<br /> q } pproved insurance upon the buildings thereon in the sum of S (�Q00.QO p y�ble . .
<br /> to said ASSOCIATION;cepay to said ASSOCIATION upon drmand all muney by it paid fur such taxes,assessments and insurance with intecest at � �. ' � -
<br /> ihe maximum legal rate ihereon(rmn d�te o(payment all o!which lfortgagor hereby agrees to pay;permit no waste on said premises;Aeep and comply . � � . � . � �
<br /> ?�'�' with all the agreements and conditions o(the Bond(nr 5 6 40O.00 «��s day given by the said Dlurtg:igor to said ASSOCIATION,and comply . �
<br /> with all the requi�ements o(the Conslilu[ion and Uy-Laws o�'said ASSOCIATION;lhen these presents shnll become null and void,otherwise they � � .
<br /> sh�ll remain in(ull force and may be lorzclused at the option of the said ASSOCIATION after (ailure for three months to make any of said .
<br /> i,-`: payments or be three months in arrears in making said monthly payments,or�u keep and cumply with[he agreements and condi[ions of said Bond;
<br /> and Mortgagur agrees W have a nceiver appuinted forthH•ith in such foceclosure proceedings .
<br /> If d�erc it any change in owncrship uE the real esta:e morlgaged herein,by sale or otherwise,then the entire cemaining inde6redneu he�eby
<br /> secuced shall,at the uption of The Gquilable Building and Luan Association of Grand IsianJ,Nebraska,becoma immediately duz and payable without
<br /> - further nutice,and the amount remaining due undcr said bund,and any other bund(or any additional ad�2nas made thereunder,shall,(rom the
<br /> date of exercise of said option,bear intcrest at�he m�ximum legat rate,and this mortgage may then be foreclosed to satisfy the amount Jue on said
<br /> bond,anJ any wher bond for additiunal advances,together with all sums paid by said The Equitable Building and Loan Association of Grand lsland,
<br /> Nebraska for insurance,taxes and asxssments,and abstrncling extension charges,with uuzrest themon,(rom date oC payment at lhe maximum
<br /> le�l ralc.
<br /> As provided in Ihe Bund secured hereby,while this mortgage remains in etfect the mortgagee may hereaCter ad�ance adJitional sums ro the
<br /> makers of said Bond,tlieir assigns or succeswrs in interest,which sums sttall be within the security of this mortgage the same as the funds originally
<br /> secu d hereby,the toU ar o't of principal debt nut to exceed at any time the o�iginal amount o(this mortgage.
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<br /> ''� ' l�th �Y°� September ���°•��`-' 76 + .�J
<br /> dYy�n.�— .-./ \� .tJ/.n ,
<br /> i �am J. La Marcia J. Lawton �
<br /> STATEOFNEBRASKA, ss. Onthi�6th dayof September 19 )6 ,beforeme,
<br /> COUNTY OF HALL� `.(
<br /> �'ll��1 d10 �. Lawton dfld �`�dl'Cl d J. Lawton, each �he undersigned,a Notary Yublic in and for said County,perwnall came , y r
<br /> in his and her o,•+n right and as spouse o�each
<br /> who dP2 personally known to ��N �'
<br /> other, I �
<br /> . me to be[ht identical persons whose name S are affixed to ihe abovc insiru mortgagor5 and they sevually � . �
<br /> acknowledged the said inslrument to be thei r voluntary act and deed. f`M1 ��'
<br />� i r� — F p„�VPI�1FS�jpi�"T nd and Notarial Seal the date aforesaid. � .
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<br /> r�. , c��`c SIY C:OTRI.f.%y.NOP.1'L�15)3 , 7 \otary Public
<br /> 6�1�2M FIl �,�/, �y �� 7�
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