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<br />'5- 001728
<br />KNOW ALL MEN By TTiFSE PRESENTS: That Craig A. Oakleaf and Janet L. Oak leaf, each •in his and
<br />her own right and as spouse of each other, TMenty Farr TjCLjs _jd 41100 ___ Mortgagor, whether one or more, in consideration of the wen of
<br />Intoned to said Mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska Mortgagee, upon �_�DOLLARS
<br />aid ASSOCIATION, Certificate No. L 24,338 Icon 240 shares ofstoclkof
<br />described real estate, situated in Nall County, Nebraska; , do hereby grant, convey and mortgage unto the said
<br />ASSOCIATION the following
<br />Lot Eight (8) , Block Thirty 'itar, (32) , in Lamberts
<br />Addition to the City of Grand island, hall County,
<br />Nebraska.
<br />together with all the tenements, hereditameats and appurtenances thereunto belonging, including attached floor Oye '
<br />window shades, blinds, storm winJows, awnin s, heaein
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. window screens,
<br />g g, air conditioning, and plumbing and wateregtupment and accessories thereto, pumps, stoves,
<br />And whereas the said mortgagor has ap;rci d and does hereby agree that the mortgagor shall and will
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shay become delinquent; to furnish approved
<br />insurance up<m the buildings on said premises situated in the sum of S Pay all taxes and assessments levied or
<br />ASSOCIATION Tire policies for said insurance; and not to commit or 24, 000 , 00 payable to said ASSOCIATION and to deliver to said
<br />In case of default in the Permit any waste on or about said premises;
<br />on Demand, he entitle) to immediate possession of the mortgaged premises and the mortgage hereby Performance pnm of any of the terms and rcmTS s a of this mortgage or the bond secured hereby, the s over Mortgage, stall,
<br />mortgagee 311 the rents, revenues and income to he derived from the mortgaged premises during such time as the mortgage
<br />unpaid; and the mortgagee shall have the Ix)wer to appoint any agent or agents it may desire for the purpose assns transfer and xis over to the
<br />the same and collecting the reins, revenues and income, and it ma gild indebtedness dull remain
<br />applied Iowa and expenses incurred in renting and managing the same and of collecting rentals therefro the ling said remaining. sand renting
<br />Y Pay out of said income all expenses of repairing said premises arts necessary
<br />applied toward the discharge of said mortgage Indebtedness; these rights of the mortgagee re be exercised o be
<br />default, irrespective of any temporary waiver of the same. if any, to be
<br />Y sed at any time doting the existence of such
<br />Theo Presents, however, are upon dm Condition. That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />Payment; pay, monthly y o ' To sail ASSOCIATION of the sum specified in the Bond secured hereby as Interest and rind
<br />the Twemxth clay of each and every rrunrth, until said Iran is fully paid; pay all fazes and asscssirients levied against P pa! on said loan, is or before
<br />and the SSO secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in t wm of =OlrnxS and on this Mortgage
<br />to said ASSOCIATION; repay to said ate of p payment upon demand all money by it paid far such lazes, case
<br />the maximum legal rate thereon from date of payment all of which Mort 24s 000.00 payable
<br />gagor hereby apices to assessments and insuranttx with interest at
<br />with all rile agreements and auditions of the Bond fin 3 Pay: Permit no wane on said premises;kce
<br />with en the rbe thre em of the Constitution and Bylaws of said ASSOCIATION; then thew presents shari become null and void, otherwise they and Comply
<br />shall remain in full force and may be foreclosed at the uptron of The said ASSOC ATTONrafte�(ailwcafor tkhrecd ASSOCIATION,
<br />to make any of said and Mortgagor agrer, nhave a receiverappointed in making said monthly payments ' ur to keep and comply with the agreements and renditions of r� [end;
<br />')fr forthwith in such d foreclosure a pruceedtngs.
<br />If there is any Ptioge in mwriership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining secured dial], at the op4icm of The I;quitabk BuDdirtg and Luton
<br />further exerrx, and the amount remaining due tinder said bond, and any other bond for any additional advances made thereunder. t d pay nesa hereby
<br />Association of Grand Island, Nebraska, become ntffc re ai dig ails payable without said sward "clod any other htontlp(nir aDdilwnal advances. together witle! alp] sums paid Equitable y The
<br />gage may then be foreclose) to satisf sub, from the
<br />Nebraska for insuranr, taxes arid assessments, and abstracting extension charges, with interest thereon, from date u( Y amount dig on xis
<br />legal rate. Building and Loan Aswcialx)rl of (:rand Island,
<br />payment at the nuxitnum
<br />As Provided in the Bernd warred hereby, white this mortgage reniams in effect the mortgagee may hereafter advance additional sums m the
<br />Maker of said BtnlJ, their a5i8lga4 ar SIICCe•SM)r3 In me {CST, Whll'li Sar1lS Shall he within the security of this mortgage secure tlgreby, the aota6 arrn)unr of pruu-,pal debt toot TO exceed at any Time the original amount of This in as tole scree as the funds originally
<br />lw;;c this h of
<br />i
<br />%: i
<br />Apr r1 A. R. 17 85
<br />a
<br />anut L. Oakl,a -- -
<br />STATF.OF NEBRASKA,
<br />('(NfNT'Y (W IIA1.1
<br />.- { s3. On 11,13 9th
<br />day of Apr i1
<br />before me,
<br />Crai' A. (3 the undersigned, a Notary Public m and lit said County. Personally 3 tole leaf etzai J> t f Uck l< dl c r y canoe
<br />td r, aclr in his ruxi lx:�r cY+rn rrrilwhu ual is s. ,
<br />me to he 4f, Idrnircal seen :; x- U:a�. ��J 'h
<br />t'c Niiosicrew Ir'e E+ersunatl9%, 1,, fT
<br />e11,xcd In the aln)ve
<br />tfw need tY uisTiUrrrrnt a unkt�gur
<br />.rek em.wkktgsd uisteuniene w he s:a.l . r and 1 -.i a:P)• small
<br />—hinisry ai I and drrd y
<br />WI INFSS my hand and Nnrarial ti�al the date afurr�id
<br />In my a
<br />�'rlliflkti5l.ffl r [ t,il,•y
<br />�r�1i11/(r.tt� /M4a1a
<br />®rn.:3a a i JOY M. 01= -
<br />ti >iary�'uhl��
<br />
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