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<br />MORTC.AGE
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<br />83-
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<br />1)06463
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<br />~ L 24.098
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<br />MORTGAGE LOAN NO. L 24.170
<br />KNOW ALL MEN BY lliESE PRESENTS: T!lat Raymond T. Lassonde and E. Marlea Lassonde, each in his,
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<br />and her CMI1 right and as spouse of each other, Mortgi&or,wbether OJIC or more, in ooosideration.of tbuum of
<br />Five Thousand and 110/100- DOLLARS
<br />_to aid ""'"- by The Equiltille Building and luan A!aociatinn of Grand Island, Nebraska, Morl:pgee, upon 50 shares..f stock of
<br />aid ASSOCIATION, CertiflUte No. L 24,170 ,do ""r.by grant, convey lUId .110"- ooto the said ASSOCIATION the following
<br />deKribed real <Stale, situated in nall Cuunty, Nebraska:
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<br />The Northerly One Hundred Feet (100')
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<br />of wt One (1), Lassonde Subdivision,
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<br />Hall County, Nebraska.
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<br />toptber- Witb aD the fenements.. hert~(hta..~nenu and ~flpurt~nancet tht:reunto hclongmg, including llttachM floor roverings.* aU. window saeem.,
<br />window shades, bUtnh. storID windows-. d'j1Ii'CUngJ. fteitUl:~. au !;ondtHonmg. anti plwnblng and water eqUlpuiCnt and accessories thereto, pumpJ,SlOWS,
<br />ref.rigenton.. and other fi-xtllfe$ and <.:qUlpment nuw l~f herafter attached w Of a..e.d to connection with saKi real ntate.
<br />And WHreu lhe !illld morl~:()J has atUeed ..uti does here-by :.tvee lil3t i.he mOttgagOf maU and will pay aU taxes and assessments levied or
<br />~ upon said prerni:se1 and upon this rlll'>>1w,c and the btmd srn;urw thereby before the ~ shan beoo-mc delinquent: to furnish approwd
<br />illSUf'allCl! upon t~ b~ings un $.Ul pre(lU:iC3 utualeu t1l th!" ,"urn of S 5,_000" 00 payable t.o said .A...<iSOCIATION and to deliver to said
<br />ASSOCIATION tbe policies fUt said mwraDlX": and molt to commit Of pttmll an\' wul,e un t)f ~bo-UI said prem!Ses~
<br />In case of default in the performance nf Any o~ lhe tt:'rm:s and coodihoos of this mortgage or [he bond secured hereby, the mortgagee- shall.
<br />on t.kmand. be enhtk:d to i:fUmed,bUt: ~lS$C1:UOn ni the niiJrt~d premises ~nd the mortgagor he-rcby ,u,.'ugns. transfers. and se-tJ: over to the
<br />~ .aU tht nmll.. Ie-venue! and Ulromt tn Ix denved flHtn the -mOfly.;:geti prenu!oe'i during iucl1 tune lU the mortgage indebtedness shall remain
<br />unpaid: and the mortgaget' siaU haYf." the power [0 AppOint Jiny 3tJ:t:nt Of agent!> [! may de~fe fur lhe purpose 01 re-pairing '_ . "remises and renting
<br />the- ~ and collecting the fenl$~ r('ftuU(!S ~ incume. and it may pay nut 1.>1' :(;ud Income all trlpe.n:ses ot' repairing said V J~ and ncceuary
<br />commiJ:siom, and ex.penses UU;WfcO in H"nltng:lnd l1t.1nagitig tft(' $an~ ~nJ \.If t~,>lkc(ltl8 rentals therefrom: the ba.lanec remaining. if any. to be
<br />applied toward the disG:ha. of Wd monp.ge: inddltednet.s; I hew rt#Jb ot the mortgagee may l:1c e'xerosed alllOY lime during the existence of sudt
<br />default. ~iw of .any Icmpor-ary W'af'W:t oi the umt".
<br />Thee Prnentt. htlWeWf. Me upon the Condition, 1''''.a1 tf the sa1d Mtli1gaf(Of thai! TCpay said bto on or hefore the maturity of said shares by
<br />paymecll~ pay fnonthfy in Slf,jcj ASS(X~JAnON ,-~t the :s:urn specilJed in the Hond 'Se.;ured hco.rehy "'5 interest and pnncipaJ on Rid loan, OD or befoJe
<br />lM T'wenlieth day of r-.ach and e'\l'efY month. until wd lo:m is tully paid; I~Y aU lU-e8 :tnd utiC:W1lC11U levied against said premises and on this Mortgap
<br />and the: Bond SieCUted t~feby. be:fu~e dcbnqucnC)'. fwntSh apprUY'td 11\l\1fa1lce up'm the buildin~ thereoft tn tiul: sum of S 5,000.00 payable
<br />to sui ASSOCIATION: repay tu:fiOtid ASSOCIAnON upon demand. aU money hy It paid fm such taxes. aueuments a.nd msU1'3.Jl4:e with interest at
<br />the mu.imwn tepl nlte tOOCOfl tmm wuc of payment aU ot whlrn MortgajP;,u{ flerebr agr~l to pay~ permit no wllste on said premises; keep and comply
<br />wlthaU lhe agreements and "'nd&tiLmso_o( the Bond for S 5,000.00 thl1 day given by iRe said Mortgagor to uid ASSOCIATION, and comply
<br />with all the rcqwrementl of tht-CultSuluuon and 8y.t..aw'I of $am ASSOC1All0N; then these presents. shall become nun and void. otherwi!e they
<br />shalt fcmain In lull for<< and (nay tlC fon~c~ al the option ,)( the Sollirl ASS{x~IA TION after failure fOf three months Co make 10)' of said
<br />pa)'mDDU Of be three mooth5 U1 lll~"i Ul m3kiUf! uid l'IlllflWy paymeou, Of 10 keep Ind comply with the agreements and conditions. of saki Bond;
<br />ADd Mort'f!;llOf ..... to haw, :a reCC'iWf appomted forthwith in S1JCh fOf<<k.)WIe p~ings.
<br />If 'here.. any dlanF in 0WlICt'!lUp 0'. the re.tl....te mort~ berem. by sole or otherwise, ,lien the cntn rema.ining indcbte<'_ hereby
<br />--" IboII. a' tlwoplioo of The Eqwlablo lluiIding and l.oan Aaoociatioo "fGrlUld laland, Nebraska, beoomc immediately due lUIdpayablo withou'
<br />furtbcr --.... and tbe _ remalDing due under DnI bond. and any other bond for any 3dditional advancea made thereunder, shall, from ,....
<br />.... of .- ufsoid oplioo. t>eu ;"'crest a' ,be muirnum Ieplrate, and this motlpBc may then be rorecloacd to atisfy ,.... amount due on said
<br />"'-I,and any _ bond for additional _. '''l!l''....r with lll1....... pai<I by said The f.qrrilable Building lUId Luan Asaociation or Grand 1-'
<br />~ for ~. t3.XC$ and .tS.1!CStments. and Uun.ctmg c:)(tension charge$, with interest thereon. from date of payment at the- maximum
<br />IcpI rate.
<br />M proYided ill ,he _ llCCUreO hereby, while .his rno,,_ retnalflS in efr...~ Ilw 100_ may bercofter advance 3dditional JllDlIto the
<br />_ of Did Bond. thoU __ or >u<u...... in lO'crest, wlti<:b sums sbaJI be witlun the security or this mortgage t"" ",me as the funrla originally
<br />_ thereby. tbe IUIaI _~ 01 prioapaldebt nQt '1(''''''''''' at ~ny time the "..igmal amoun. ,"C;his~.
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<br />COlIN'TV 01' lW.L \
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<br />On this
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<br />;:.....Q day or ~~'<V
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<br />19b'-:!i. ,before.....
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<br />other .
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<br />,.... underliped,. No.Ol)' Public in and. for aid County, pcromWly.......
<br />Mact~:~, each in his and her ~.Jii~ an:i~'(1 eacl
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<br />.nd they
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<br />_nIIy
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