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<br />- - t't~'t' S~2. i .Cc?- ~t.e. r:..7ierf s ^aer of i ~ -._ ___~__~_ a{:d __ c t ? .,: Hk. .~..,C'r~ _..ai ir2~_. _,...,r': ... ~ ~ ~~
<br />~-,+ r.~e ~unsirgd '3is+y ~i~.t ;Ib3) iu :we~a~is:a
<br />d=~"oaiar.sio:x, a:; Add3#i~~ Lcr ~ uit-f of ~r.ad
<br />Island} X33.? CLSt}ZS~y ~9 D??H~
<br />T~,; NAVE Af+G TG NGiC T.NE SA^.tE. vr,ih `a'te appur,Er+ances thereinto heF~ngino. +,-~f; Crm.;~eraa? ,ts s+xcas~,rs and ass+'~irs. farev-r.
<br />?!e s"n,t;;2ycrs here; ce.`gna^f bath card Cw^n,eseral ;is s~ccesscss and ass;~~ "+a, :, ,~ „. .~ ovr u -, ;a;,u _ o= ca -_ ~ ~ s?,, .w.
<br />thEy are free frnT EM,~S'Fra'+fns. and 'rlat th°j viral i~rZver v:a.iant aid def°^d tra r t c !n c.-^ .;,5« era ..s. ~~, t~uriC ~ a~~, 3 Ci as ~,aurvs`
<br />'whamSve Jc"F. V
<br />Provided, naverthetess, these presents are open the tai(owing canditions:
<br />That wtreraas the said R~rtgagars as mEmbers of Commercial Fave th+s data executed a note evidencing such ioaa and agreeing to rep,:y said
<br />s•~i~ of money, with interest, in payments as set forth in said mate and have agreed to abrde by the teams cf said note and Cnarter and ;;v-taws of
<br />Commercial.
<br />That whereas this ?~3r;gage shall secure any additional advances, with interest, which may, at the option of Commercial, be made by Com-
<br />mercial is th^. undersigned Mortgagors or their successors in title for any purpose, at any time 6efare the release and cc:ce(lation of this mortgage;
<br />Gut PRGVIDED, NGWEVER. 2t no lima shalt the aggregate principal amount secure6 by this mortgage, being the amount due of any tinre an said
<br />ar,'ginal note and any additional advances made, exceed an amount equal to Ito percent of the amount of the anginal Hate, Ixrt ii eo event shat!
<br />said Hate exceod the maXlmum amaunt permitted by law, and FRGV}DED, NGf?EVER, that noffiing herein contained shall tae considered as limiting
<br />the amount that shalt be secured hereby when advanced to protect Lho security or in accardaace with covenants contained in the mortgage.
<br />Now, if the said Mortgagors steal I pay cr cause to be paid the said sums of money when due, as set forth in said note, and any other nose for
<br />additiaaai advances made until said debt is fully paid with interest, then these presents shall ba void; otherwise, to be and remain in lull force and
<br />effect; that if default should be made:
<br />(a) to any of Me payments due en said note, and anp other note for additional advances matle, as i;:erein agreed to ce made for three months, or
<br />(bl th keening the improvements nns_ad premises insured against Ines ny -rw~can of tirw, ti~tning, and ctl:er aaz2r~!~ i.^.cPa•saw ^ ~:tF dtld
<br />coverage insurance in an amount not lass than the unpaid balance of said mortgage loan; in a company or companies acceptable to ~'rs•
<br />merciat, H,e original nt n~rfi posiey or policies tp be field by Comm?vial, and !with a mortgage clause attaehed fa said policy pr policies,
<br />in laver of Commercial: ar
<br />i,ci in the payment of taxes an6 assossmenis levied upon said premises, or on this mortgage, before they are detinr{uent; or
<br />(d`! ff Urere is asy change in the ownerstrsp of the real estate mortgaged herein, try sate, either outright ar by land contract, or by assignment of
<br />any interest therean or otherwise;
<br />flier., in arty of the a^~ove set-firth events; the whole indebtetlress hereby secured shalt, at the option of Gommercial, immedtatefy become due a€rct
<br />payable wltlraut further Halloo, and the amount due under said Rota and any ether note #or additianal advances made shall, from the date of the exercise
<br />of said option, frEar interest at the maximum loge( rate per annum, and this mortgage may tiren he foreclosed to satisfy the amount due on said note, and
<br />any-other Hate far addifieenai advances, together with alt sums paid by Commercial for insurance, faxes, assessments artd abstract extension charges,
<br />-with interest therein tram the dale of ~yment at the maximum legal rate.
<br />PRGVIDED that in no event, either before or after default, shall the interest due under said note and this mortgage and any other Hale for ad•
<br />ditionat advances made exceed the maximum lawful interest rate.
<br />FRGVfDEG, further, that in the event that default ocarrs in the making of the payments due o<r said note, and ~ any other pole F-€ additiorrat
<br />advances, as therein agreed to be made, or in keeping ffie premises insured, as above provided, or if defauVf 6e made in the p=?ys?nt cif doe fixes
<br />or assessments levied upon the premises aGeve descritred or upon this mortgage, before daey ate by law delinquent, Cm~tmeroia! shalt ~ er+tiited
<br />to the immediate possessiar. pf g,e premises atv'~-c~scrit?r~i, !_rgEthar w<m at; r?n+.c ~-~:?eds and issues arising;~•t of ffie y~amises. and may
<br />in {tc tl.'aC(eGnn uce r,~ rantg ,tar ac tt we.~ n..C@5:.3' HrIZ 9e at rnak+n° r@pairS u urE,';,iacs n. fGr rig
<br />" ~% .- ° .y `v purpo ~ . j,;,i u c aL °e par=Tient r!f lost,;-ance
<br />prEmyrns, taxes arid assessmgn!~ u~rs curb pre?isas, aid for necessary expenses incu:tEO' in renfirg said p~e,:.ises ar ~t€atitin~ :~:t ~erefr~, ar±f€
<br />is apply 'amTiE uii aaau' prrrE utt drv rautZa eYrcAa?C1n~ Praurre advances t{2r£lRrdCr ynt~s ma rnQBp?EdpesS ~::~: °;.' y ,;v y paid; srtd t^; 5:n~~ pLrt ~,
<br />the. nnde[cimrr~r Ar}e~s hprwAu crii, acci~ cwt unr and tra;:sfer L'nta Cammer raft "f °'id ' - '-
<br />.._ _ _~. ., ., a ~c .c°irti. 4-- ~ - F-- - - ,
<br />paymorats ire rraartgage owners or any nth8r inco!r!es of any fype whatsoever from said prpperty th tae 3p;+iPd as +he _-gs a~va ~+< • lsrr~•.~
<br />Comrearcralstattir, np case be itabi: for ffie failure F prberire tenants, to collect rents, or to prosecute aetra.,s Ea raeover passessron of said p~em;sec.
<br />The Modgagors further appoint Gommeriat of Gmaha, Nebraska, their attorney in fact, paving said attorney cower irrevacabty, either an its own
<br />Hama or Mortgagors' names to take alt necessary steps for proceedings in court or otherwise, to cause said r erases to ~ vadated. to coifed rentals
<br />or rrther incomes due, and when vacant, to refer the samrE, to make alt reasonable repairs and pay taxes out of sand rents. profits, contract payments or
<br />incomes and tv do alt such things either 6y its own officers or by other parties duly authorized and appoint^d by ,t, as ate age,~rt for said pgrrpase, and
<br />to charms or pay a reasrxabie fte for such serv;ces, ati of the above to be done at such bores and in such manner and an sucfi terms as is their said
<br />attorney may seem bec_t, with full power of substibttian.
<br />The Mortgagors F.Ereby agree t;:at if Cansmerciat 2idrer vokiniarily or invoiuntanty becomes or is made a party to any surf or proceeding relating
<br />io the herein tare des7iirerf real estate, or to this mortgage or said note ar notes, other than a fareclusure instituted by Cammerriat, Mortgagors Witt
<br />mimfF:rse Commercial tar a!! reasonable costs incurred by Commercial in said suitor proceeding. The Mortgagors further agree rlaai hf the he[einbetorB
<br />described real estate ar any part theroaf be condemns under the power of erni main, ar as otherwise acquired for a public use, the damages
<br />awarded, the prxe~s tar the taking, turd for the trnnsidaration for such acgnisitrin tp a exien! o€ the foil amau{{oott of the remainirsg unpaid indebted-
<br />ness secured fry this rr~rfgage. be, and they hereby are, assigned to Cammertiat[and shalt be paid fprf~~tfi~ C~r~-aescrat fe f;E appflEd x, accaunt of
<br />the fast mabrrrng nst~ ents ©; ~rh ande~tss. ~ .: ~
<br />meted drrs J ~ day of ~ .19'79 ~~~~,s`--,....,....
<br />d ~ " 8afce~- J
<br />!N ].~tE A~$isNCE GP; ~-- -~.1 ~J
<br />- ~ A I 1 3~~ ~~ I,. Ikea
<br />~~~~ ~~
<br />--- s , 'cede
<br />SYATEDFNE$RASKA ~, ''
<br />~..,3 e R T3aede
<br />On this - ` - -5--_.~ nor afi ~~ )y ~~ , t~fore me; a notary pubfrc inand-far said County. perwana}iy came
<br />~~ .
<br />'ii;eabave-Hamad Jolt A. ex• at~Q 3harctEt L. Baker; huxabatid s&d rife, ~nd.Becturia 'd. 'Bede dad
<br />- _ -
<br />Yir7eaaae 13. Thsde: tdr~fsend and xiS~
<br />#~tr:e :vet( knave ro Isi' Y.? idenh;ai pzrsan or yr~rson. wta rEame is or rramesare affixes to hre af~vemaftgage as grantor or grantors and fitter, he
<br />c,r-site ~everai}y acrutowiedge me said instrurent and t7e r~ze~btinn (heri3of,'to he'therr irotuntary as[and deed.-
<br />- ~ 6F?rERF1 timiwrinxnncs:tt „ ~~
<br />WtTNES~ rag taarid andf9otan~eai fi~sha~.ru, p~ ,awes :~ i'.;>,rt ~.~ _ ffie= i
<br />i Gt,m_ v-a~ .. (,b ~ -f,~ r'_" f'`'-'"-"'-~. jam- _s
<br />''~'~F- Pfotary Public
<br />~ cammissien expires u; the t "? ~y of ~-~~= -<'. -~- , iq .,~~ r.;-~G
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