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<br />010093 JeZFisher, Register of Deeds,
<br />Hall County, Yebraska.
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L :21843
<br />KNOW ALL MEN BY THESE PRESENTS: That Dion D. Luekenga and Reuby F. Luekenga, each.in his and
<br />her own right and ag spouse of each other,: Mortgagor, whether one or more, in consideration of. the sum of
<br />Forty-two Thousand Four Hundred and No/100-: ---------------------------------------- DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 424 shares of stock of
<br />said ASSOCIATION, Certificate No. L 21843 do hereby grant, convey afid.mortgage unto tile said ASSOCIATION the following
<br />described real estate, situated in� Hall County, Nebraska:
<br />LOT FOURTEEN (14), BLOCK ONE (1) LAKE DAVIS
<br />ACRES SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />together with all the tenements, liereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, licating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, sto ves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas tile said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and tile bond secured thereby before the same shall become delinquent; to furnish appro ' ved
<br />insurance upon the buildings on said premises situated in tile sum of S42 400. 00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any waste on or about said premises;
<br />In case of default in the performance of any of tile terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate possession of tile mortgaged premises and the mortgagor hereby assigns, transfers and sets over to .tile
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall rernain
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br />the same and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said premises and necessary
<br />commissions and -expenses incurred in renting and managing the same a ' nd of collecting rentals therefrom; the balance remaining, if any, to. be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time during the existence ofsuch
<br />default, irrespective of any temporary waiver of tile same.
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied against said premises and on th.is Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon tile buildings thereon in the sum of S 42-,400. 00 payable
<br />to said ASS ' OCIATION; repay to said ASSOCIATION.uporl demand all money by it paid for such taxes, assessments and insurance with interest at
<br />the maximum legal rate thereon from date of payment : all of which Mortgagor hereby agrees to pay;permit no wasteonsaid premises;keep and comply
<br />with all the agreements and conditions of tile Bond for s 42 400. 00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By -Laws of said ASSOCIATION; then these presents 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 iliree months in arrears in making said monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and lilortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any change in ownership of tile real estate mortgaged herein, by sale or 6therwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Building and Loan Association of Grand Isfand, 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 thereunder, shall, from. the
<br />date -of exercise of said option, bear interest at tile maximum legal rate, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />bond, and any other bond for additional advances, together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, takes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />legal rate.
<br />As provided in tile Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br />k f id B nd, tlici�Assigris r's—up-bessors in interest, which sums shall be within the security of this mortgage the same as the funds originally
<br />'g
<br />ma"ersp Sal 0 "c'7
<br />secure -hereby, the tot I amou of
<br />,principal debt lot to exceed at any time the origin al amount of this mortgage,
<br />cd!
<br />t
<br />s d,,(. D*, 19
<br />y of Oc tober '75
<br />Mon D. Luekenga Reuby F,,<'Luekenga
<br />STATE OF NEBRASKA, � ss. On this ISt day of October 19 75, before me,
<br />COUN',
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Dion D. Luekenga and Reuby F. Luekenga, each in his and her -own right and as spouse of
<br />each other.. who personally known to
<br />are
<br />me to be the identical pers onS whose:
<br />acknowledged the said instrument to be t
<br />WITNESS my lia nd and No
<br />My Commission expires
<br />3-73-2M
<br />liffi)w , ti
<br />I ary�acl'ari
<br />ca t. -afore�aiv.
<br />71
<br />CS.
<br />the above instrument as mortgagor S and they severally
<br />,ed.
<br />Notary Public
<br />�_117
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