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<br />84 -- 008297
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<br />MORTGAGE
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<br />MORTGAGE WAN NO. L 24.2~_
<br />KNOW ALL MEN BY THESE PRESENTS: That Gerald R, Spencer and Andrea E. Spencer, each in his and
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<br />her a.m right and as sPQUSe of each other, M~,wbstMrOftCor_.iIlrouidl diuuoftlle_of
<br />PlJ:>rty 0tW Th<'lo""<!N ~ wi lOO- - DOLJ..ARS
<br />....Iomill ~by The f~ ~amI Loom AliIo<:iioli<mofGnmd hl"Illl,Ne!mIIIca.M~, IJf'Oft 410 slwaoflltodtof
<br />mill ASSOCIATION, Certit'"",,,, No. L 24,290 . do hcTeby _t, COIl""}' ami ~ ""'0 the mill ASSOCIATiON tile r~
<br />~.w Mate, sillllllc<l in HlIiI COWlty, Nd>r..u:
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<br />The Easterly Sixty 'l\<io feet (62') of IDt One (l), in
<br />Block 'l\<io (2) of Knickrebn Third Addition to the City
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<br />of Grand Island, Hall County, Nebraska.
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<br />loptlou willl lI!I tbe t"""ftEtlts. It<:miil_1S ami .ppwl........,.. thereunto belongil>g, includiOS attadted IIoor cxmoriItp, all wialIcw -.
<br />........ sloadeo. loI;OOo, sl"",, ~, .......... healillt;, ail ooIlllitioning.and plumbing ami waler ~ ami __ t!Iemo.putIIpI.--'
<br />.........100. ami OIlier fixture> ami ~"I now or he,eafle, .ua<:hctllo or """d in "UR"""lion with mill .w Male.
<br />AIlll wl>aeao the sma morl.... hu oweed ami doe> hereby agree U'"1 w """tplIOf shall ami will pay all Ia.ulI _ b.1niId ot
<br />-.l IJf'Oft sma I"emion ami "1''''' tlm mor~ ami lhe bolld ,"",..,cd thereby before the oame shall '*'- ~; to flImiIIa approwd
<br />~""""lbe~(lfisaidpt<'mi#smuatedi"lbe.umofS 41,000.00 payable to said ASSOCIATION _ toddMrto_
<br />ASSOOAnON tbe policies for >!lid i......lleoe; ,Illl 001 to commit 0' permil any waste llII 0' ,bout >!Iid~;
<br />In """" of <lef. 1ft tit<: pcrfomlllllCl! of...y of the te,,,,, allll ooIlllrt""" of Ihis mortPIIC or the b<md lIltaImllMorelJy, 1M ~ ....
<br />llII dc1MIlll. be ...titled to ommcdiale ~m o,f tit<: mortll1ll"'l premion ami lhe 1'1OfIpt!or hereby...., 1...._ _ sets O\W to die
<br />~ lIiIlbe I'mIO, rewsues _ ilia....., 10 be deriwd from lbe ~ pnomiacs durill& wch !ime as Ii>l: 0I0dlIIlIt isiWItedMa &IS t'RRia
<br />........: ami the lftOIlPSR shall haw lhe powe' 10 app>int OIly """"lor..,15 il may desi<e for lbe purpoac of ~ sam praIIiIR _ I'IIIIIlDs
<br />Ii>l: -- _ ooiIKI... !be _!.S. fCftllun ami income, _ it mIIY pay 0..1 "f SlIid ~ all ellJll'llllh of ~ _ pmniIn _ -r
<br />~ _ e~ iIictiwred ltl fOfllmg _ ~ (!Ie same and of oollectina renlaIs lberel'mm; tile baluIct mMiIllD&. if lUI)'. to be
<br />""",..'lI10W1ln! IRe ~ of said mor(~ ",dcblC'dons: theae 'ish" of the '"'~ IIIlIY be excrt:iald at lIIIY !ime du!ill& die ~ of IIIdl
<br />__~.., ~ of !lilY lemporary .."',.., of lhe ..m<:,
<br />"'= I"n:ocnts. ..........:r. "'" up<m I~'" ConditK.R, ThaI if the aid MortIl"llO' shall ..".y saa<l1oero 00 Of bel' OR t!::- maturity of millsIwa by
<br />par-' I'RY -hIy 10 >!lid ,'IS,'i()(:IAnON of ,he ...... ope<:iflCld in the IIaIlll oecured Imcby as in_ ami pritlc:ip8l0ll millluaft,00101 W-
<br />!be Twcm "Ill <by of cadl - <-wry ~. ""hi sma IOlUl ia fully p8ilI; pay aIIt",,<< ami ~Io Icmd.- mill pmIIitR _011 dlls MClfIJNt
<br />_ Ii>l: !loa' 0l!C\IfCd lheteby. hel_ ~_')', f..ltw.II.1't'fOW<I ,_ace """" lhe ~ mer- in Ii>l: _ ofS 41,000 .00 ~
<br />to aid .'1..'>50.. 'l AnON , "'PAY to _ ASSOCIA nON """" <lemo.md all _y by il p8ilI for wchta_. __ ___ willa ___ at
<br />IIoc ~.I ,.k !bet_ from dale of I"'y-' all of wllJclt Mo'l~ hereby .- to piI)"; ptIfDIit no _OR said pt'lImioea;kNp _<lOSIIpIy
<br />wfillllil!be ~ _ ooIlllitiont of the IIaIlll for S 41,000 .OOihis day llM''' by tbe said ~ 10 said ASSOCIATiON,_ <lOSIIpIy
<br />willl aIlllw"""'_."1 lbeC.-......... aIlllly-Uw:i 01 >!lid ASSO(1ATION; 1'- lime vr-ts lIlid '*"- JIUIi _ mid.~"
<br />.. mum m (Mil foro: ami _y be fo~ al W opt_ of lile said ASSOCIATION afIcr faiIuR for tlmIe ~ to IIIllke lUI)' of_
<br />~ or be line _110 iD ~ IJl mKiIIIl said -u.1y pay_ts. "t to keep _ COO>glIy witlltho.-_ ~ of 1iIIW....;
<br />aIlll MmIlllllOr ...... 10 lli1i.., a ,__ ""..,;,,~ fortllwith ... wcll fOl<<luowe ~...
<br />If"""" .. any ~ in ~ of tbe ,a! Mate ~ ilefCiB. by We or otIIcm>i1r:, tIocft !be eMiR ~ ".UdI_ bmby
<br />lIltaIml sIIaII, at lbe opt"'" of The f.qu<talolr ~ _ Loom ASSO<:iation of GramllsIud. Ncbmb, '*"- ~ he _ payalIle witlIl>ut
<br />fus11tcr -, ami Ill<: - "''''''''''OS due ......, mill boIlll. _ any otllcr boIlll for my ~ __ fIllIlIo tIlmuIlder, &IS, r- *
<br />... of e_~ of.. ,,100, '- iotlmlsl "'tile ~ Icpi '-,aIlll tMo ~ l1IlIIIy tIocft be f~ to lIIt:ilIlY die ~ heotl_
<br />boIlll,_ aft)' othu b<md fC)f lI>IWit1oMl ..~. l<9thei willl all.... paid by said ThI: I",Milallle ~ _ Lou ~ of GmU bI8rId,
<br />~ for iIlM_, _ aM _, aIlll atn.Inct"'i! n_~. willl iftIfieat l~ ffORl <Iattt of ~ at Ii>l: III!IlIlImtIn
<br />Icpi .-,
<br />M pro..m...t ... lbe IIaIlll """..,e<! bercbw. while l!m lOOftlil'F fe......... '" dfe<.-t W .......~ l1IlIIIy bercaI'ter ""_ ~ __ to Ii>l:
<br />IIIIIIien '" sma 1IaIlll, Wi<....... or _...... if> ...t.'M, wlu<:1I_ shaI! be W1.l\m W "'''''''''1' of this ~ lile _ u Ii>l: ftmdaorisillallY
<br />~ ~, tho total amo..... uf pti<>I:ipaI debl _ 1<> <]""e,,,1 .1 ""y Ii"", lhe ""~ _. of t.... ~.
<br />Novelmer A.I),.19 84
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<br />T n~,'" day or
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<br />t~!(~~""'~.-~~:i{,iL! { ~
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<br />STAn! OF ~'f
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<br />COU~ (W IMU,
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<br />30th
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<br />19 84 .W-me.
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<br />011,11"
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<br />,.lay of
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<br />too ~.. N<>Iliry I'cbIi<: iR _ I... ... C~. ,.,.~_
<br />Ger~ld R. ~r and A.l1Jdreill E. Spencer, each in hiB and her cwn ~iU"l!lGVlid ~~u
<br />4lltillCh othe r.
<br />- t" !lot llw ~ ~"'III ..11<"""'_ 6 iU"l!l .Il..,,,,, 10 .ho allow I~ mcfI",,1il ami t..hey.., /~
<br />........~ tit<> sma _'''''''I'fll II> b<I t.h1i!ir ""l_,y oc, ;rIlll ~ (_,j. 1 ;' /,
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<br />:~:.::= NutM~~ 11>0 ~UI<M~ r:;~',;;~~C~~-;~~ L~:~
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<br />;< 1-1;"_H'l ...-,~.....' - JidSf1.~'::~ '.'l. ()J::H:)tj Nut.V r'lWOC
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