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<br /> ���� � MORTGACE �
<br /> � MORTCAGELOANNO. L 23,O�Z �
<br /> .� KNOWALLMENBYTHFSEPRESENTS:That Donald J. Leifeld a single person
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<br /> ��� Thl Tty Two Thousand and No/10A-------------------__Mo"eas��,whether one or more,in consideration of the sum of {,
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<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon shares of stock of i
<br /> ; seid ASSOCIATION,Certi£cate No.L 23���2 ,do hereby gru�t, convey and mortgage unto the said ASSOCIATI[ON the£ollowing f
<br /> '��i dexribed real estate,situated in HaU County,Nebraska:
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<br /> �� LOT TWENTY SIX (26) , R & B SUBDIVISION, HALL �
<br /> i COUNTY, hEBRASKA.
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<br /> a� � together with all the tenements,hereditaments and appurtenances thereunto belonging,induding attached tloor coverings,all window ureens, .. f g+�"��
<br /> � window shades,blinds,srorm windows,awnings,heating,air conditioning,and plumbing and water equipmmt and accessoda theroto,pumps,stoves, ��"��
<br /> � refrigerators,and other fixtures and equipment now or hercafter attached to or used in connection with said real estata ; �;� °�
<br /> And whereas the said mortgagor has agreed and dces hereby agree tha[ the mortgagor shall and will pay all taxes and assessmeats levied or . �� ��•
<br /> � assessed upon said promises and upon this mortgage and the bond secure�2th�r�hv.hefore the same shall become delinquent;to furnish approved � ;;,�, �r,��'{
<br /> � insutanee upon the buildings on said premixs situated in the sum of$ �U U UU payable to said ASSOCIATION and to delive:to said s" .Y ��
<br /> �ASSOCIAT[ON the po(icies for said insurance;and not to commit or permit any waste on or about said premises: - ���
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<br /> .� � � � In case of default in the performance of any of the terms and oonditions of this mortgage or the bond secured hereby,the mortgagee shall, r . � fA�
<br /> on demand,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, ttansfers and sete over to the � �. - � �
<br /> � . � mortgager ap the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain ', ���{
<br /> �. mpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpou of repairing said premixs and renting � � . �
<br /> � the same and colleMing the rmts,revenues and income,and it may pay out of said income all expenus of repairing said premises and necessary q, .
<br /> i �, commissions and expenses inwrred in rrnting and managing the same and of collecting rentals [herefrom; the balena remaining,if any,to be - "'
<br /> y � applied toward the discharge of said mortgage indebtedness;theu rights of the mortgagee may be exercised at any time during tha acistence of such �" x
<br /> defauli,irrespective of any temporary waiver of the sama � �., ? { F'
<br /> ,� � . � . . These Prexnts,however,are u on the Condition,That if the said Mort f �
<br /> P gagor shall repay said loan on or beforc the maturity oF said shazes by �
<br /> �payment;pay monthly to said ASSOCIATION of the sum specified in the Bond secured herehy as interest and principal on v.3 loan,on or beforo
<br /> � the T went ieth da y of e a c h a n d e v e ry m o n t h,u n t i l s a i d l o a n i s f u l l y p a i d;p a y a l l t a x e s a n d a s s e s s m e n t s l e v i e d a g a i n s t s a i d p r e m i s e s a n d o n t h i s M o r tgag e a �r'
<br /> ���� . �and�the Bond secured thereby,before delinqumcy-turnish approved insurance upon the buildings thereon in the sum of S 32.�OQ.0� payable '
<br /> to said ASSOCIATION;repay to said ASSOC[ATION upon demand all money by it paid for such taxes,assessments and insurana wi[h interest at
<br /> .t.. .the maximum lega!rate thueon from date of payment all of which Mortgagor hereby agrees ro pay;permit no waste on said premises•keep and wmply
<br /> "��.� .with all the agreements and mnditions ofthe Bond for S 3Z OOO.�� this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> y� : with all the requirements of the Constitutian and ByLaws of°said ASSOCIATION;then theu prcsents shall become null and void,otherwise they .
<br /> shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of said
<br /> �payments or be three months in arrears in making said monthly payments,or to keep and wmply with the agreements and conditions of said[tond;
<br /> ( � and Mortgagor agrees to have a receiver appointed forthwith in such forecloswe proceedings. �
<br /> �{.-: - If therc is any change in ownership of the real estate mortgaged herein,by sale or otherwiu,then the rntire rcmaining indebtedness hereby .
<br /> 1 secured shall,at the option of The Equitable Building and Loan puociation oF Grand Island,Nebraska,become immediately due and payable without
<br /> � �further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thenunder,shall,from the
<br /> � � date of exercise of said option,bear in[erest at the rnaximum tegal rate,and this mortgage may then be Forccloxd io satisfy the amount due on said
<br /> bond,aad any other bond for additional advances,together with ali sums paid by said The Equitable Bu�7ding and Loan Assoctiation of Crand Island, �
<br /> � �Nebraska for insurance,taxes and asussments,and abstracting extmsion charges, with interest thereon, from date of payment at the maximum
<br /> � legalrate. ..
<br /> � � � � As provided in the Bond.�ecured hemby,wlv7e this mortgage remains in effect the moRgagee may hereafter advance additiona]suma to the
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<br /> . � �makers of said�Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the Cunds originally
<br /> � � �xcured thereby,the total amount of principal debt not to exceed at any time the originat amount of this mortgage.
<br /> • natea •j , 20th asy or Apri 1 A.D..i9 78
<br /> '� � .S�C /d-� �
<br />,� "' Dona7d J. } fel ` ='
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<br /> S'CATE.OP NEBRelSKA,(aa. On this ZOth da of /� i^7� c"'
<br /> COiJN7'Y OF;HALL S y P 19 78 ,beforc me,
<br /> � � � the undersigned,a Notary Public in and for said County,personally came .�i '
<br /> �-Dcina'fd J. Le�feld a single person Wno
<br /> 15 persanally known to � �: a,
<br /> °�'me to be tlie identieal �-•.� �x, G,'
<br /> � �x `�S affized to the above inatrument as mortgagor and he
<br /> acknowled d thd ,�••••••, "�"�' 3
<br /> 6� Md-bR'•� winntary act and dxd. �--,�.t
<br />�`9 �,,�an�N� the date atoresaid. �.�
<br /> d�� M Co�in�nr-or#Re. �/Qi'O �
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<br />�. ��.s�-s�[R[. � � � :��,m Z: -�Yp��,� � � � �� � � Notary PubGe � � .
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