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<br />MORTGAGE _ ^.
<br />MaRTGnG~ LOAN NO. 23 , 3i2
<br />~NOwaLLMExBVTxss>;PRES>:NTS:That Ronald E. Lukash and Jean A. Lukash, each in his and
<br />her o~rn right and as spouse or each other,
<br />Mortgagor, whether one ar more, in consideration of the sum of
<br />TEtirty Thousand and :~ailC1Q_-__°°°_.._---..---~----..---..--~------------------_------ ~LLAJ{s
<br />loaned to said mar*_gagat by The F.quitabte Building and Loan Association of Grand island, Nebraska, Mortgagee, agars 3DD Blares of stock of
<br />slid ASSOCIATION, Cert~cate No. L 23,312 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described Taal estate, situated in Halt County, Nebraska:
<br />~.DT ~~ (ly IN s~~cK NINETEEN (ls), IN
<br />DHARLES ~?pcMFRtS ADDTTTf1N TIl THE fTTY DF
<br />DRAND ISLAND, NEBRASKA
<br />together with all the tenements. hereditaments and appurtenances thereu,^.tv belonging, including aitavhed Hoar coro~erings, all window svreans,
<br />window shades, blinds, storm windows, awnings, heati+tg, air cvnditianing, and plambiig and water equipment and accessories t°tereto, pumps, staves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby afree that the mor.~igor shalt and evil pay ail taxes and asuasmeats ltuisd or
<br />assessed upon slid premises and uport this mortgage and thv bond severed thereby F,efare the same shall became delinquent; to futnialt appmvtd
<br />insurance upon the buildings on said preens~s situated in thz sum of % ~ ~Q~, QQ payahla to said ASS~LATION and to deliaer to said
<br />ASSOCIATION the policies far said insurance; and notYa commit yr germt~any waste an or abaur ;aid premises;
<br />in Wiese of default in ilia p~.tarmancx of any of the terms and canditioas of this nrurigage or the band stcurtd hereby. the ntarigagee shag,
<br />on demand, be entitled to immediate possession of ilia mortgaged premises and the mortgagor hereby asssgrrs, transfers and sets over to the
<br />mortgagee alt the ren[s, revenues and income tv be derived from the mortgaged premises during such time as the mortgage indebtedness shaft rennin
<br />ur+.paid; and the mortgagee shall have the pvwer to appoint arsy agent or agents it may desire for the purse of repairing sand pmmi~s and renting
<br />the same and collecting the rents, retienues and income, and it may pay out of said income aU ezpensei of repairing said premises and necessary
<br />wmmissions and expenses insured in renting and managing the same and of collecting rentals therefrom; the balance remaining, if arty, to bt
<br />applied iowetd the disvhaire of said mortgage indebtedness; these rights of the mvrtgagee may be exercised at any time during the existenve of such
<br />defzuit, irrespective of any temporary waie2r of the same.
<br />These Presents, however, are upon the Condition, That if iht said Mortgagor shall repay said loan on or before Elie maturity of said shares by
<br />paytnent; pay tnonthly to said ASSOCIATION of the sum specified in [he Bond secured herebp• as utierest and principal on said loan, an or before
<br />the Twenilath day of each and every month, uniii said loan is fully paid; pay all taxes and assessments levied against said premises and on this Martgagv
<br />and rho Bond secured thereby, before deiinquenc} ; furnssh apptaved insurance upon the ouudtnga thzrean in the sum of s 3~r, ~~+'~, {plc pay=able
<br />[a said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and instuanee with interest at
<br />the maximum legal rate thereon from date of pa}~rtent alt of which Mor~gagor hereb}° agrees to pay; permit na waste on said premises;keep and comply
<br />with all the agreements and candiEians of the Bond for S 3D, DOD - DD this day `jven by the said Mortgagor to said ASSOCIATION, acrd comply
<br />with aP the requirements of ilia Constitution and By-Laws of said AS5£l(:IATION; then these presents shall become null and void, otherwise they
<br />shalt remain in fait force and may be foreclosed at the option of the said ASSOCIATION attar failure tar Three months to make any of said
<br />payrttsnts or be three months in arrears ;n making said monthly payments, or 1o keep acrd vamply with the agreements and rnnditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such Foreclosure proceedings. ~
<br />if there is ary change in ownership of the real estate tnarigagtd herein, by sale or otherwise, thee. t_he entire remaining indebtedness hereby
<br />secured shzll, at the aprian of The Equitable Building and Laan Association of Grand Island, Nebraska,become immediately due end payable without
<br />further native, and the amount remaining due under said bond. and any other bond for any additional advanixs made Ehereunder, shall, from the
<br />date of exercise of said option, bear interest at the maximum legal rata, and this rrtortgage may then be foreclased to satisfy the amount due on said
<br />bond, a.^d any other bared far addirtanad advattee-s, together with all sums paid by said The Egttita64e BuBding and Laan Asmeiation of Gtsrtd Lslartd,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payrrtent at tltw sraximum
<br />legal mte.
<br />As provided in the Band secured hereby, white ails mortgage remains in effect the mortgagee may hereaf[er advance additianai stems to the
<br />rtz[icen of said Bond, the"rr as9gns or succtswrs in Interest, which sums shall be within the security of this mortgage the satne as the funds originally
<br />seet[red £isereby, Elie total amot[nt of principa{ debt not to exceed at any time the original amount of this mortgage.
<br />{ ~ Dated this iith day of December A. D., 19]$
<br />al kerb
<br />coil A. l.ukes
<br />~.
<br />STAT€ OE NEBRAat,A. .t ith day of DECember t9~$ ,before me,
<br />COUNTY OF HALL ~ ss. On this
<br />l~ol~ld -~. ~,U~@5~ afld JEaii A. ~..tt~C@S~I s tfie undersigned, a Notary Pub&c in and for said County, persottaily mmt
<br />eacfi in his and liar own right an spouse of each other, who are personauyknawnia
<br />tnt to be iht identical perwn S wheat d to the above instrument as mortgagor S and they severally
<br />aelitiawledged The said instrument to he ~ deed.
<br />tt+ITNt:SS eery hand an Ithe da
<br />My Commission expir ~~ ~,,,, ` ~~
<br />'~ l•`'9tiN ~,,~ 'vim`
<br />'~ £fZE$ ~- Notary Public
<br />s-vale nt ~ '~~ ~ A
<br />~~ ~ ~~
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