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~~"" ~..I1.6~.,r'v.~. ~551~f~fl~ENT'OF REtvTS ~~- °;~ -. ~2L2?~--~--- F=#gl~'t4 AEL td~EN Sy T!±r~ PRE'~IENTS~- Ihyf Gail, 'K. Ls?!r~'xy~ asu~ Raseaa,^~r A, ~ue~,~ytac; h~~>d ~: wi "!'"E r te.e„ f~ws t - ~ _ s=~u ',t+e ~ sn"5asdt5; ??; v~.nsdera',vn df -h2 S~~I ';` ~°=' bars ~sovs~rrn A>gD ~jloo ~, D.t;ars f.g~y fi ca,. #~ drt~agdrs..o _r grarrf. ~rga!n. cdf a_^~ clay-_; urso rntrprfAt r:EQERAt cA'JN=` Af+D JOAN A~3~'tA;tvN of a-afa. Nebraska. (hereinafter rafted "Commercial"). its successors arrd ass>gns. rte +.oPiewmg described tea: sstate. situated ;- t^e Couotp ot. Hail State of febraska. to-wd: Lot Silty-Five (fi5} :.e Reights Fourth Subdivision, Hall rotutty, }Nebraska TO RAVE AND TG HOLD THE SAA:E. w:th the appurtenaaves therau;tt_ =Pi,_ng+-g. _.~ „~--s.o;al.:ss;,cce>scr=an^ass;gns.'c=eer Said `,~^,rtgagfl~s ereby covenant with said Com^erciai. Is successors and a ,ig;,s. tta V~ tzagers r iawfu';y se+zed of s d ,,rte ses. that they are free fir. ~, p? u-;brances. and that ihev will forever warrant and def~~ +*e title to s~;d pter^;s_s against the !awf~;l cYa...s o. 2'i Rers,ns whcn;soever. Prcrded. nevertheless. these presents are upon the fo•.lowing renditions: That whereas the said Mortgagors as members of Commercial have thas date executed a note evidencing such Iran and agreeing to repay said sum of money, w;th ;merest, in. payments as set forth in sa;d note and have agreed to abide try the terms of said Hate anal Charter and aY-Laws of Commercial. T,nat whereas this mortga~ shall secure any additional advances. with interest, winch may, at the uptidn of Commercial, be made by Com- merc;at to thv undersigned Mortgagors or their successors in btie for any purpose, at any time before the release and cancellation of this mnrfgage, but PROVfDED. ROWEVER. at no time shat! the aggregate principal amount secured by this mortgage, being the amount due at any time on said ariginaf note and any additional advances made. exceed an amount equal to tID percent of the amount of the anginal note, txat in no event shall said note exceed the maximum. amount permitted by law, and PROVIDED. RCWEVER, that nothing herein contained shall t>e considered as limiting the anount that steal! be secured hereby when advanced to protect the severity nr in accordance with covenants contained in Cae mortga~. Nnw, if the said Afortgagors shall pay cr cause to be paid the said sums of money wfien due, as set faith in said note, and any other note for addi#ional advances made until said debt is fully paid with interest, then these presents shat! be void: otherwise, to be and remain in full force and effect; but if default should be made: (a) fn any of the payments doe on said note, and any other note for additional advances made, as therein agreed to be made for three months, or (b) In keeping the improvements on said premises insured against lass by reason of fire, lightning, and other hazards included in extended coverage insurance in an amount not less than the unpaid balance of said mortgage loan. in a company or companies acceptable to Com- merciat, the original of such policy or policies to be held try Commercial, and with a mortgage vlause attached to said policy or policies, in favor of Cammereat: or (cj In the payment of taxes and assessments levied upon said premises, or on this mortgage, before they are delinquent; nr (d) If there is any change in the ownership of the real estate mortgaged herein, by sate, either outright or by land contract, or by assignment of any interest thereon or otherwise: then, in arty of the above set-forth events. the whole indebtedness hereby secured shall, at the opiinn of Commercial, immediately become due and payable without further notice, and the amount due under said note and any other note far additional advances made shall, from the date of the exercise of said option, boar interest at the maximum legal rate per annum, and this mortgage may then. be foreclosed to satisfy the amaunt due o;, said irate, and any other note for additional advances, together with a!I sums paid by Commercial for insurance, fazes, assessments and abstract extension vharges, with interest thereon from the date of payment at the maximum legal rate. PROVIDED that in no event, either txfore or after default, shall the interest due under said note and this mortgage and any other note for ad- ditional advances made exceed the maximum lawful interest rate. PROVIDED, further, that in the event that defaul# Ducats in the making of the payments due on said note. and on any other note for additional advances, as therein agreed to be made, dr in keeping the prtgmises insured, as above provided, ar if detanit t>e made in the payment of the taxes dr assessments levied upon the premises above described or upon this mortgage, before they are by law delinquent, Commercial shall be entitled to the immediate possession of the premises above-described, together with all rents; proceeds and issues arisang out of the premises, and may in ifs disaetion use the rents so far as it deems necessary for the purprase df making repairs upon the premises and for the payment of insurance premiums, taxes and assessments upon such premises, and far necessary expenses incurred in renting said premises and cdltecting rent therefrom, and to apply same on said note and any notes evidencing future advances hereunder until the indebtedness secured is fully paid; and for such purposes, dZe undersigned does heretry sell, assign, set ever and transfer ante Commercial all ni said rents, proceeds and incomes including acay land vonhact sayments due mortgage owners or any other incomes of any type whatsoever from said property to be applied on the Hates atx3ve-destn~d, tzrt said Commercial shall in no vase tw liable far the failure to procure tenants, to collect rents, or to prosecute actions to recover possession of said Rremises. The Mortgagors further appoint Commercial of Omaha, Nebraska, their attorney in fact, giving said attorney power irrevocably, either on its own name or Mortgagors' names to take all necessary steps for proceedings in court or otherwise, to cause said premises to be vavated, to collect rentals or other incomes due, and when vacant, to relet the same, to make all reasonable repairs and pay taxes out of said rents, profits, contract payments or incomes arM to do all such things either by its own officers or by other parties duly authorized and appointed by it, as its agent for said purpose, and to charge or pay a reasonable fee for such services, all of the above to be done at wch times and in such manner and on such terms as to their said attomey may seem best, with full power of substitution. The Mortgagors hereby agree that if Commercial either voluntaniy or involuntarily becomes or as made a party to any suitor pruceetling relating to the hereinbefore described real estate, or to this mortgage or said note or notes, ether than a foreclosure instituted by Cammercial. Mortgagors will reimtaurse Commercial for all reasonable costs incurred by Commercial in said suitor proceeding. The Mortgagors further agree drat if the hereintmtore described real estate or any part thereof he condemned under the power of eminent domain, or is otherwise acquired for a public use, the damages awarded, the proceeds for the taking, and for the consideration for such acgmsition to the extent of the full amaunt of the remaining unpaid indebted- ness secured ay this mortgage, be, and they hereby are, assigned to Commercal and shalt be paid forthwith td Commercial to be applied en account of the last maturin msallm s of such indebtedness. Datedthis~Z___dayof April ,tg1~_ ; ~ IN~ENCE 6P: STATE OF NEBRASKA CD(iNTY DF ~ ss. On this ~ day of April the above-named Gail K. Le Mua3ran and Rosemary ij tzy,~ '`~t y--i Y,LrtY~ K. LeMunyan -~~ ~i~/ ~ ri~GCu[,c.1cj« Rosemary A/LeMunyan 19 ~~. ,before me. a notary public in and for said County. persnna;ly came A. LelQunyan; husband and wife to me well known to tie the identical person or persons whose name is or names are affixed to the above mortgage as grantor or grantors and they, he or she, severally acknowledge the said instiumen! and the execution thereof, to tae their vol~~rg;rad deed. s~pµ r;craav ARNC_.D La_ fr£~gFRG ?HtTNESS my hams and Notarial dal this day and year last atwve writ wv v~5,,,_ txp. Vic. ~?. ~ ~ ~~._ l 7 ~t~, Notary Puhi;c My commission expires on the day of , 't9 ~ '9 5u