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85-_ 004482, MORTGAGE MORTGAGE LOAN NO. L_ 24,404 KNOW ALL MEN BY THUS PRESENTS: That Gary D. Lanka and Nancy D. Lanka, each in his and her awn right and as spouse of each other, Mortgagor, whether one or more, in consideration of the sae of Rjqbteem Thrmistand and rip 'j1 Q--- _N______— �— _____.._��N�.__ --� -- fIOL[ARS loaned to aid mgag ortor by The Equitable Building and Lean Association of Grand Island, Nebraska, Mortgage, ups 180 shares of stock of said ASSOCIATION, Certificate No. L 24,404 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following described rail estate, situated in Hall County, Nebraska: Lot Six (6), Block Ten (10), Rollins' addition to the City of Grand Island, Hall County, Nebraska. together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screen, ' window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, samosas, rafiignrron, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all tuxes and asrawssmts 'vied or aassspt wpm said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to fimnidh approved narsaw ugxrrr the buildings on said premises situated in the sum of S 18 ,000.00 payable to said ASSOCIATION and to delver to said ASSMATION the pokcies for said insurance; and not to commit or permit any waste on or about said premises; In as of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the moappe slat, our demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the mortgagee all the rents, revenges and income to be derived from the mortgaged premises during such time as the mortgage ndebledraa dab remora rmpsid; and the mortgagee shall have the power to appoint any agent or agents it nay desire for the purpose of repairing said r'rewOff crud rtMag the arse and Collecting the rents, revenues and income, and it may pry out of said income all expenses of repairing said premises and meaauy commissions and expenses incurred in renting and metalling the same and of collecting rentals therefrom; the balance rerarriag, if any, to be pip pNei se toward the discharge of said mortgap indebtedness; the rights of the mortgagee may be exercised at any time daring the existence of such defmtlt. it ewecrive of any temporary waiver of the same. These Presents, however, are upon the Condition, That if the said Mortgagor shalt repay said loan on or before the maturity of said shares by payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loot, on or before the Twentieth day of each and every math, until said loan is fully paid; pay all taxes and assessments levied against mid premises and on this MwVAp and the Bond secured ilinchhy, before delinquency; furnish approved insurance tpum the buildings thereon in the stem o f S 18, 000.00 payable to aid ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, asesmnents and insurance with itertmt at the maximum kph rate thereon front date of payment all of which Mortgagor hereby specs to pay; permit no wasteon aid premiaerkeep and comply with all the agreements and conditions of the Bond for $18 00() 00 this day given by the aid Mortgagor to said ASSOCIATION. and comply with all the requirements of the Constitution and By -Laws olt n. ASSOCIATION . then these presents shall become tug and void, aharwise they shag remain in full face and may be foreclosed at the option of the said ASSOCIATION after failwe for three months to make any of said psymaus or be three months in arrears in making aid monthly payments, or to keep std comply with the agtecweruts and conditions of said Bond; OW Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. If than is say mange a ownership of the real estate mortgaged herein, by sale Of otherwise, then tar entire remeaktg adebOednaa femby secured s 1wN, at the option of The FA*abk Building and loan Association of Grand Islad, Nebrtmks,becomro immediately due and pyable without father entice, sad the amunt remening due cider said bond, and any other lord for any additional advances made thereunder, shay, from the date of excreter of said uptitm, bets ntereu of the maximum legal rate, and this mortgage ray then be foreclosed to satisfy the amount due on wild bead. sad any other =for additional advances, together with all sums paid by aid The Nuitable Building mad Loan Association of Grand Island, Nelpf fa imurrie", taxes and ssaesasuents, and "fading extension charges, with interest thereon, from date of payment at the maximum kph ant. As provided in the Bond secured hereby, while this mortgage retsina in effect the mrtgagee may hereafter advance additiond suns to the waken of mid load. their assigns or succquam in interest, which sums shall be within the security of this mortgage the same a the funds exigisUy ssI thereby, the total amount of principal debt net to exceed at any tithe the original amount of this mrtpge:. pod tbla 13th day of Septttnlxtr A.D., 19 85 STATE OF NEBRASKA, ss• on this 13th day of September 19135 before me, COUNTY OF HULL f I he undetsigned, a Notary Publk in and for said County, perrmspy ns ca Gary V. Lanka and Nancy D. Lanka, each in his and her awn right x �sawuus W'LAti to other, me to be the idenlioatl persona whose erne g aTe affixed to the above iovltument is naxtgugors and tt*, y sevenUy pidnowledgwl the laid instrument tube their vrdinury act and deed. 7 WITNESS my hand and Netmtel Seal the date aforesaid. MyComn trraooe at W