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86"'. 107351
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 24.713
<br />KwAvALLMENBYTHESTEPREsENTs:That Robert H. Lenners and Hildamae C. Lenners, each in his
<br />and her own right and as spouse of each other, Mortgagor, whether one or more, m aoadder tiom of eke anew of
<br />j`,gpmfjE Nina TFhn hsanrd Tin HniridrFd Fifty and E10 110G --------------- _____ ------------ ____4KX1 AR5
<br />hinted to and mortgagor by The Equitable Buildryr and loran Association of Grand Inland, Nebraska, Mortgagee, upon 292 aittaes of stxh of
<br />aid ASSOCIATION, Certificate No. L 24,713 , do hereby grant, convey and mairtppe unto the said ASSOCIATION the following
<br />dmm** d real estate, situated in Haft County, Nebraska:
<br />�C .. `our (4 ,1, �n + rr in . ubdi v:Lslon to the City of
<br />l.trand _,.laid, :ia11 Count, 7 braska.
<br />together wits all the tenements, heredawrients and appurtenances thereunto belonging. including attached floor coverings, alt window screens,
<br />window shades, blinds, storm windows, awnings, heating-air conditioning and phumnbog and water egurpment and accessories thereto,pumpe,stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in arnrecti5n with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and asees>meeats kvied or
<br />annned upon said premises and upon this mortgage and the bond secured thereby before the same shag become delinquent. to furnish approved
<br />itaranoe upon the buildings on stud premises situated in the sum of S 29, 250. u0 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 aid premises;
<br />In pie of def Lull in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mongrgtm hereby arts, transfers and sets over to the
<br />nwtppe all the rents. revenues and maome to be derived from the mortgaged premises during such time as the mortgage indebtedness shad remain
<br />unpaid; and The mortgagee shalt have the power to appoint any ant or agents it bray desire for the purpose of repaving std premisaa and renting
<br />the waste cad collecting the rents. revenues and inarme, and it troy pay out of said income ail expo I of repaving aid ptuamiaa and occemmy
<br />eonummons and expenses incurred m renter and managing the erne and of collecting rentals therefrom; the baba resnittior, if nay, to be
<br />appillied towed the discharge of said mortgage iodebtedrsess: these rights of the mortgagee may be exercised at any time during the existence of sorb
<br />irrespective of any temporary waives of the same.
<br />These Presents, however, ire upon the Condition, That if the aid Mortgagor shall repay said loan on or before the maturity of said shares by
<br />psymem-, pay monthly to said ASSOCIATION of the sum specified in the Band secured hereby as interest and principl on stud low, on or before
<br />the Twentieth day of each and every month, until said ban is fully paid; pay all taxes and assessments levied against said premises and or this Mortgage
<br />and the Bond secured thereby. before delinquency: furnish approved mmiance upon the buildings thereon its the sum of S 29 , 250.00 payable
<br />to said ASSOCIATION. repay to said ASSOCIATION upon demand all money by it paid for such taxes, assesyswsts and insurance with interest at
<br />the naxirmrn legal rate thereem from date of payment all of whk; h Mortgapgrt herebv agrees to pay; pemtit no waste on said prsmiscs ;keep aid comply
<br />with all the agreemevvis and conditions of the &usd for S29 250.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the mquvements of the Constitution and By -laws a f said ASSOCIATION. tern these presents shall become null and void, otherwise they
<br />d" metnam to fuB force and may he foreclosed at the option of the said ASSOCIATION after failure for three months to mince any of said
<br />puyrents or be three months in arrears in raking said tnmthh, payments, or to keep and comply with the agreements and conditions of said Brand;
<br />and Mortgagor gees to to ve a receiver appointed forthwith in such foreclosure P10aai9191-
<br />If there is any charge it ownership of the real estate mortgaged herein, by sale or otherwise. than the entire remaining idebtedoen hey
<br />sotane I inn, at the option of The Fgwtabk Building and Loan Asoc ation of Grand Island. Nebraska, become imoedinely due and rayabde without
<br />furdker notice. and the amount rem 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 the maximum legal rate, and this mortgage may then be foreclosed to satisfy the amount due our said
<br />bond,utd a" other bond for adddxmW advances, together with all sums pad by said The Equitable Building and Urn Association of Grand Island,
<br />?eiebtaska for insurance, taxes and sawiunhents, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />ko tae.
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee tiny hereafter advance additional sums to the
<br />makers of said Bond, then astagis or successors in interest_ which sums shall be within the security of this mcialtage the sane as the funds ori6wlly
<br />secured thereby, the total amount_ of pnncgW debt not to exceed at any time the original amount of this momgage.
<br />WWA t� 1 n,: _ day of December A. D.. 19 86
<br />Hxldamae %. benn—ers
<br />STATE: OF NEBRASKA, u On this s at day of D ec ern ber gq 8b $ Aefore me,
<br />CY (Wff OF 11AIA.
<br />the undersigned. a `notary Public in and fat aid County, personally crane
<br />1.`il bi�ir A. LC. cSn%t':"3 �:i:K: ilsiti u; El? L. r. hl: xL'2° d, 5-::: :. iA -�a. tli :a ;3t�:: iiE'.r ..rich �'l. r Zap." a -'� pTricrtanr}�'lxri'oiro to
<br />each o1. her,
<br />ere to be the identical person i wfocm name at -e. affixed to the above 5eistrucnent aa'nutrigaKor and 1 .. „ severally
<br />asst n*wir4Vd the sib instrument to be . `seW !I- aaaluouary act and deed.
<br />taI'1SM' city hand and Notarial Seal the date sloresud.
<br />Mee f'c. s ao r. sp ups 1111 .
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