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<br />84 .--i)C10522
<br />MORTGAGE
<br />MORTGAGE LOAN NO. _ L„2Q, t t}n
<br />IOiOW ALL MEN BY THESE PRESENTS: That Lonny C. Dtleflnerlttan aIld Wanda M. Duenneatlan, each- in:
<br />his and her own right and as spOUSe of each other, Mtx[gagor, vrhether ate w orore, is cansidaattisa of:the s~ d:
<br />55.+lpn~ty Five T2ttxtsand and im/10U--- -------~rfai fig;
<br />boned to said ntrMpgor by 1'ha Equitable Building and Loan Aswciation of Crand Island, Nebraska, Mortgagee, upon 250 >~-oF'stadrof -
<br />acid ASSOCIATION, Certittcafe No. L 24t~180 , do hemby grant, convey and mortgage [into the said ASSOCIATION- the ftrtlowieg..
<br />desrxdred rest elate, atuated in Hap C.ouniy, Nebraska:
<br />Lots Elevr=_rf (11), and RWelve (12),
<br />in Block Six (6), in Boggs and Hill's
<br />Addition to t<'~e City of Grand Island,
<br />Hall County, Nebraska.
<br />together w;[h all the tenemenu, hereditasnents and appurtenances thereunto behmging, including atucLed floor rnveriags, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air umditionirrg, and plumbing and water equiprtxntand accessatin theroto,ptsmps,stoves,
<br />refrigentwa, and other l urtures and cquiparent now or hereafter at tacttarl to or used hr amnection with said real estate.
<br />Artd whereas the said rtrortgagar has agreed amt does hereby agree riot the mortgagor stroll and will pay all [axes and assteameMi levied w
<br />asseaed upon said pretises and upon this rrtortgagc and the bond secured thereby before the same shall become delirtqueat; [o furnish approved
<br />irutuartoe upon the buildings an said premises srtuated in [he sum of S 2S j 000.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION [hc policies fw said insurance; arni not w exisatttit or perm[( any waste on or about said premises;
<br />In care of default in the perforrnanee of any of the [arms and condihons of this mortgage or the bond secured harohy, the morlgtger shall,
<br />on dewnd, be entitled to irurlrediata posroman of tM mortgaged promises and the mortgagor heroby assigns, transfers and sets over. to the
<br />tnor[gagee aU the rents, revenues and inwute to be derived From the mortgaged premises during such time as the mortgage indebtedrtea a1aB remain
<br />unpaid; artd cite mortgagee shall haw: i1x power to appoinC any agent or agents rt rtuy desire for [he purpwe of mpauirtg aid promises-and mntiag
<br />the tame-and wllectirg the rents, revenues acrd irewrne, acrd ii may pay out of said ir+conte all expenses of repairing aid premises and raeamry
<br />mnmtiaiom and expenxs ioctnred in renting and aranaging the same and of mikctirtg rentaLv therefrom, Ih ha4rtce remainirta, iC any, to be
<br />applied toward the discharge of said mortgage imlebtodoess: thane rights of the rrtortgagee may be exerrSxd at any time daring the existeax of such
<br />arch, irrespective of any ternprrary waiver of the came.
<br />Thsse Pments, however, are upon the Condition, That if the said Mortgagor shall repay said loan ua or before the maturity of said shares by
<br />payment; ply monthly to aid ASSOCIATION of the sum specified in [he Bond secured hereby as interest and principal on aid loan, on or before
<br />the Twm[ietir day of earh and every month, until said }rraa u fully paid; pay all taxes and asseasrnents levied against said promises and on this Mo[tgttge
<br />and the Bond stewed thereby, before delinquency; fmmsh appnsvod irimrance upon the buildhrgs (hereon in [ha sum of S 25, 000.00 payable
<br />to aid ASSOCIATION; repay to mid ASSOCIAT1ttN upon dennnd all [natty by it paid Cw such taxes, atuesatteats and inwnnce with interest at
<br />the ma;imwn legtl rata theraun fnmt date of payrnant all of whialt Mortgagor hereby agrees to pay; permit no waste on aid premises;k~p and comply
<br />with aN the agnxmemaaad conddioas of the Band for S 25, 000.00 this day g}ven by the said Mortgagor to aid ASSOCIATION, and comply
<br />arith all the requiretrtenta of the Comtitutktn and By,Laws of sxid ASSOt: tATtQN ~ than these praseaU shall become mill and void, otlwrwitr They
<br />shall remain in fu6 f+xtr nod [tray be foreclosed at the aplion ai the said ASSOCIATION after failwe for thrx rttoniha to make soy of aid
<br />pp~ayymenla or be three nasaths N xneus in making said mtmthly payments, w to keep and comply with the agrcentents and rnmlhtons of said Band;
<br />ard, Mwlgaetx ogress W hxvc a receiver appointed forthwith in suet[ Cureciusurc pruaedingr.
<br />[f them is soy dtaede in uvvCtersbip of the real eatatt mongrgai heroin, by ale or otherwve, than the antite reroainirtg indeMtdoea hereby
<br />sewted sirdl, at the option of The Equitable Buiidiag and Lawn Association of Grand Isiutd, Nebradca,becotrte immtdately due and payable without
<br />5alher ootiae, attd the anwwu rcrosiniog due under aid bond, and say other hand for any additiooa4advsaoa tootle themurtder, slab, from rite
<br />dtNe of exercise ofsaid opti~n,ltear interest err dre ntuhnum legal rate, amt this oortgage may then be foreciaaed to stilly rise atmunt due on aid
<br />Bond, and any other hand fa additional sdrances, together with all auras paid 6y said The Equitable Budttiog sad Loan Asaor~atioa of Grand Island,
<br />Nabraaka far irtawarrtx, taxes amt aaaearoents, sod abstracting extension c}urges, with interest thereon, Crnm date of payment at rite maximum
<br />kp- tale,
<br />Aa m the Bond secured hereby, while this ~Cg>t!< reprairta in effect the mortgagee sroY hereafter advance additiotal sums to the
<br />tsakers said Bond, their astigm or armrxsstxs in interaxt, which Burns suit t;c within rite security of this mortgage the same as the funds originally
<br />sxured tfrweby, the total anttwnt of principal debt ant to exceed n any time the original amount of this mortgage,
<br />iLlad thin 25th day of Januazy A. ~-. t s 84
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<br />STt[~ f~ N84811SKA, ~ n, (ln this 25th day of January t9 $4 , 6e1`om srra,
<br />t"Offi~il'Y fNr-HALL
<br />the urtdersigtred, a Notary Public in sad for acid County, per>onaUY cams
<br />Lnrtr{y! C. Duenrpn alyti Wanda M, Dtlecuaernuaztr each ixl his and her ow~~ic t afr.~~ to
<br />ref h t>ct>Ittr,
<br />a!p la ba:tha.idaiisrd-perstw B whose tanlee are affixed to the above inattttaterrt as mwtpr and they savenlly
<br />~ tba,aaid lstatsltaaebt to he t21B.br volunury sot sad dead. ,,-~ --~.,
<br />1M1'xltit1881s1Y htiadand Nutalitd 5ed the-dots of+>tosairf. ~ ~.- p
<br />MtYCt~mip~iunaxpbatr~i ft! ~ ,<'' ~r~ /` " '' 4.- ~Y,'' ~ ~~.m_.:~ „._.
<br />~; ~~ ~~ -~ - Notary
<br />+aeatttrg M~ Q«a+tr.au,r
<br />lax
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