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<br /> :� �. (' AtORTGAGt:LOAN N0.��, 6.�
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<br /> � I:NOW ALL UGN DY TIIIiSG PAHSGNTS:That Raymond A. Lehmann and Mavi s L Lehmann, each 711 f11 S
<br /> ! and her own right and as spouse of each other
<br /> j _________Mortga;or,_hether one or morc,in consiJeration of the sum of
<br /> � Twenty Five Thousand and NO/100----------- �oL[.nRs
<br /> loancd Io saiJ mortgagur by Thc Iiquitablc Duilding and Luan Association of Grand Island,Nebraska,Uortgagce,upon 250 shares o(stock oC
<br /> said ASSOCIATION,Ccrtificatc No.L 22,967 ,Jo I�ereby granl,convey and murtgagc unto thc said ASSOCIATION the Collowing
<br /> ' describrd real estate,situated in llall Counry,Nebraska:
<br /> <
<br /> LOT THREE (3), IN FRACTIONAL BLOCK THIRTY-EIGHT
<br /> (38), IN CHARLES WASI4ER'S ADDITION TO THE CITY OF
<br /> GRAND ISLAND, f�EBRASKA.
<br /> together with all the tenements,hercditaments and appurtenances d�crcunto bclonging,including att:�ched Ouor cu�•crings,all window screens,
<br /> winduw shaJcs,blinJs,storm winJows,awnings,hea�ing,:�ir cunditioning,and plumbing and watcr eyuipment and accessurics thcreto,pumps,stovcs,
<br /> rcGigeraturs,and other fiatures and equipment nuw ur herea(ter attached to or used in conncctiun with said re�l estate.
<br /> And whereas the said mortgagor tias agcecd and docs hcrcbq agree tha� thc murigagor shall and will pay all taxes anJ assesstnents Icvied or
<br /> assessed upun said premises and upon this morlgage and the bonJ secur£ th re�y fore the same shall become delinyuenC ro fumish�pprocad
<br /> insur�ncc upon�hc buildings on said premiscs siluated in ihe sum u(S L�.���.�� payable to said ASSOCIATION and to delirer to said
<br /> ASSOCIATION Ihe policies(ur said insurance;and not tu commit or permit yny waste on or abuut said premises:
<br /> In case u(de(aull in the pedormance of any of die terms and conditions of this mortgage or the bond sewred hereby,the morig2gce shall,
<br /> on dcm�nJ,bc entiUed to immcdiate possession of the mortgaged premisct and ihc mortgagor hrreby assigns, trans(ers and sets uver to d�e
<br /> mungagee all thc rents,�evenucs and incumc tu be derired from the murtgaged premises during such time as the murtguge indebtedness shall remain
<br /> unpaid;and thc rtwrtg�gce shail havc Aie po�ccr to appuini any agent or agcnls it mav desirc fur thc purpose o(repairing said premises and renting
<br /> die same and collecting the�ents,revenues and income,and it may pa}•uut of said incume all espenses uf repairing said pcemises and necessar}•
<br /> commissions�nd cxpenses incurred in renting and managing the same and of mllccting rcntals there(rom; �he balance remaining,i(any,to be
<br /> applicd ie:::•ud Uic discharge uf said mur�gage indebtedness;thesc rights of the mortgagec ma��be exercised at any time during ttte existence of such
<br /> Jefault,irrespcciivc of any�cmpmarv u�ivcr of the same.
<br /> Thcx Yreunts,Iw��eear,arc upun the Condition,That if the saiJ\lorigagor shall rcpay said loan on or bcfu�e the�i�wriiy uf said shares by
<br /> payment;pay monlhly tu said ASSOCIATION uf thc sum specified in the Bond secured hereby as imerest and principel on said loan,un ur be(oce
<br /> the Twcntieth day u!cach and eveq•month,uNil said loan is(ully paid;pay ail taxes and assessmen�s levied aeainst s�id premises and on this\fong�ge
<br /> and the flond srcurcd ihereby,befuie delinquency;(umish appruved insmance upon the buildings lhereon in ihe sum uf 5 25�QQQ.QQ payable
<br /> to said ASSOCIATION:repay to said ASSOCIATION upon demand all mone��by it paid for such taxcs,asscssmcnts and insurance with iNccest at
<br /> the maximum legal rate�hereon frum date o(p�yment all of which�lor�gagm hereby agrces iu pay;permit no waste on said prentises;keep and comply
<br />�; � wi�h ail Ihc agcernicnis and couJitions uf thc Hond(ur 5 25����.���is day given by thc said\lortgagur W said ASSOCIATIO\,and comply
<br /> u•ith all ihe requiremcnis of the Constitution and{iyLaws of said ASSOCIATION;Hten these pcesents shall bccotne null and�vid,othcnvise ihey
<br /> shall remain in full forec and may be(orecloud at the option of the s�id ASSOCIATIO\ after failure for three monihs tu make any uf said
<br /> payments or be duee ntonths in a�rea�s in tnaking said tnonthl}•payments,ur tu Aeep and compl}•with the agreemants and conditions of saiJ Uond;
<br /> and\lortgagor agrees tu have a�eceiver appointed(unhwith in such foreclusure pruceedings �
<br /> � If there is any change in owneahip of ihe rcal alate tttortgagcJ herein,by sale or othen�•iu,then the enlite rcmaining indebtedness hereby
<br /> . ucured shall,at Ihe oplion of The I:yuitabic Duilding and Loan Associaliun uf Grand Isiand,Nebraska,become immedia�cly duc and payable without
<br /> further nu�ice,and the amount remaining duc unde�saiJ bond,and any uther bund fur any additional ad��nces made thereunder,shall,from the
<br /> Jatc of excrcisc of said option,bcar intcrest at Ihe maximum Icgal ratc,and this mortgage may then be foredosed to s�tisfy the emount duc on said
<br /> bond,and any uther bonJ for additional advanres,together with all sums paid by s�id The liquit�blc lluilding and Loan Associatiun of Grand IslanJ,
<br /> Nebraska fo�insurancc,taxes and asussments,and a6slracting extensiun charges,w�ith in�e�est the�eon, from date u(payment at ihe ntazimum
<br /> Icgal ratc.
<br /> As pmviJed in!he Bond secured hereby,while tl�is mor�gagc retnains in e(fect ihe mor�gagce may hercafter advance additional sums to the �
<br /> makers of saiJ Uond,iheir assigns ur succeuurs in inte�est,which sutns shall be within the mcuri�y uf this nmrigage the sarne as the(unds originally �
<br /> ucured thereby,the total amuunt uf principal de6t nut to escecd at any time thc uriginai amount o(this murtgage.
<br />�. ' Daledthis ]th dayof January A.D.,I)]$ �
<br /> , J�l-a� r.c•ruv�'! Q'/�i -tn % I
<br /> + �aysnona r. �enmann
<br /> ��'cl�,,-r,.� .x��� :��. ..�
<br /> Mavis L.h ann /
<br /> =' � STATE O�NGDRASKA,1 ss. On this ]th. day of January 19]$ ,before me, '
<br /> COUNTY OF HALL� •
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<br /> � the undersigneJ,a Notary Public in and(or said Cuunty,personally came
<br /> Raymond A. Lehmann and Mavis L. Lehmann, each in his and her own ri�ht and as spouse of
<br /> �� each.other �'1O are Personallyknowntu
<br /> -.:_^-' itic to bc thc identical perwn S whosc name S are a(fixed to thc above instrument as mortgagor S and they severaliy
<br />' �- ' ,acknowledged tne'said instrument to be thei r voluntary acl and decd.
<br /> �.. " N'1'f;�ESS my hand and Notarial Seal the date afores�id.
<br />� 'y��� � - �� � � � 11)'Commission expires .
<br /> �4 s ��3�,��a� ���i _ !�L�
<br /> �.� � � \otarq Public
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