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~g._ UG3422 EXPANDABLE MORTGACxE 820290-7
<br />ASSIGNMENT 0~ RENTS Loan No.. ___
<br />KNOW ALL MEN BY THESE PRESENTS: That Willard W. Pauly and Nancy L. Pauly, Husband and Wife,
<br />(hereinafter caked the Mortgagors) in consideration of the sum of
<br />Forty-three Thousand Six Hundred Fifty and No/100-----------------Dollars (3 43,650.00 )
<br />loaned to Mortgagors, do hereby grant, bargain, sEN and convey t;nto COMMERCIAL fEDERAI SAVINGS AND LOAN ASSOCIATION of Omaha,
<br />Nebraska, (hereinafter called "Commercial"), its successors and assigns, the following described real estate, situated in the County of,
<br />Hall State of Nebraska, to-wit:
<br />The Southerly One Foot (1.0') of Lot Seven (7) all of Lot Nine (9) and the Northerly
<br />Fourteen and twenty-five Hundredths Feet (14.25') of Lat Elever. (11), Block Eight (8),
<br />Ctniversity Place, an Addition to the City of Grand Island, Hail County, Nebraska;
<br />TD HAVE AND TO HOLD THE SAS"E. with ih2 appurtenances thereunto he!onging. unto Commercia+, ,ts successors antl assigns, forever.
<br />Said htortgagers hereby covenant with said CaTmerc,ai- as succ?ss?« antl assigns, that hiartgagers are Iawfuily seized at said premises, that
<br />ley are free from encumbrances. anG that the}' w~ui far=v2: warrant a,.~ defaid the bile fa saitl premises againsi itre !awtu! claims of al! parlors
<br />whomsoEVet-
<br />FraYit~d, nEirermeless. these oresems are ueor. th? fa!nw,ng cond,hons:
<br />Thai whereas the sa!d hhnrtgagsrs as menbers ~f Cemmercia' nave this date executed a note ev!tlennng such loan antl agreeing to repay said
<br />wm e` money, w!~ meerest. it paymenis as set forth m sa;d note and have agreed fa ab!de by the terms ;f said Hate and Cfiarter and ~y-Laws of
<br />Cemmercia!.
<br />That whereas his mortgage shah secure anv add!ho-na'~ ac'.anees, ,firth :merest. which may, at the option of Comr:ercra!. be !Wade by Cam-
<br />merctal to the unders!~ed k3e;tgagcrs s: C;eir successors ;n t, a.- ... y purpas?. at any h~:2 befar? ?he release and canLEHahan of this mortgage.
<br />tart PRGVIDED" HOWEVER. at no trine sba;! the a~regata prmc,~~i amount secured by this mortgage, being the amauni due at any time cn sa:d
<br />anginal Hate and any add!nara! advances mane. exceed an azvuni aqua! to ll~ txrcent of the amount of the angina! noie, but m ne event shat!
<br />said naie ezceEd CSE maximum amount tl2rm,tt?d in aw, and FR'vVIDED. HuY~EVER Lhat n:;Gh!no herz!n cenr~in~r; syai! be cons{d=red as !im!hng
<br />~e amorunt Lhai shaii tx sEtur2d hereby whin advar!c?d :~ prof?Lt th? s..ur:ty or !n accardanL2 w!th cov~ants Lenia!ned in Ghe mo,igagE.
<br />New. ~f the sr+d t~~riga;ars sha!` pay o' cause ?•: ~ as a TMe said su•~s n.. n?y wh?n i.e. as set ?girth !n sa:d note. and anv other note tar
<br />a~,o~~ar aavvantas naa= unit rata a2bi ,s *u!iy Fa!a w,:r •.ni°re>'. men male G725ents shad be Yi~!d: afharaise, fo be and re.ma;n in fui' force anC
<br />etfe:i; but !t default st!ou!d be made:
<br />to ' to any of tt:E paymenis due en said Hate. and anY Jth2r nave for aGdrt,ana! advanc?s made as therein agreed to be made for three ~nenths, ar
<br />:b! fn kEEptng the :^Grovenents n sa!d preais2s !nsurei against ;ass ny reason at it>, i!ghtnmg, and other hazards mdudetl m extEnded
<br />GJierage insuranre ,n an ar„aunt net 'ass ",an the unpa,d ;aiaoce of sa,.7 m~ort2ge !oan, m a campa,^.y or companies acceptab"•e tc Cnm-
<br />mErc:a!. th? original of such a:cy ar pc!,res to ~ held Ta vo--?-c!a an^ w,th a ^arigage c!a;.se attached to laic pa!!Ly or policies.
<br />in favor e± CammerCia: ar
<br />rt? fn fire payment ai gxES and as=>ss^a15 ~r~!ed uaa^ sa,d pre^ s?s, ; an t" s -~.tga,e ~'cr? ~.=v are ;?i!nquen[: o.
<br />d~ tf here !s any change .n ri. _w~r s:~G .. _._ ra: ?s:a:2 - :gage here~r! _`~- sae e ;n., _., : ,r ~ sand cn^^,:aLi o- by assiK..meni of
<br />ans ,ntaresi tnerean or atnarwise
<br />Grz,,, an ary of the anav, set fair ?rEnts ... u ~ . ~ , n.. >s ~-r?cy sec_`e,: sn .. _ .., C~r1,:e ..a: ~^wi3:?!v i~ecame due and
<br />Gayab:e erFho.t further ne:!r~ and ui2 a!^~..n, .~e ,, _. >a~c n :_ and any' ai7~2r note fa a._;t z a~.cia..es'-aa2 s^.,.' he d+e :ate of dre Exerc!;E
<br />vi said ~L+t!on. neat „~=rest at the mar. ~ Ego=. _.. ann-.- .d tn~s mo':gage 7:iY n~ ~~ `- _ ~_s.. ,~ >a-sty :h? a':c~r• sze ><n sa,d note anc
<br />any a?,'1er r!oie',7 aa2 t ono aCvances t.g?n=, a ~ a:l su-. ;aytl by iro.. 2.c.. *.,• ~>~rarc= :ax?s. 3ss?ss-'enis an-a ass.-,•_; eztensien Lharges.
<br />w!th ;ni=rest L'!erzon h;m i^e d,;ie :' az.,meni at r='.r:ax,mur'• ~ega: ,ate
<br />PROVlGED bra? :n ~. 2vEnt e'!er ne•.•e _! ., d?tau:; >„a:' ;te me°es: tlr:. ~ne2! sa ~ n~:> anc ? s . ,:rtgage 3ne any o,tir Here far ad-
<br />th~a~! advanLES rude ext~d ~e cax,r,u- aw`t~ :nte;as? rase
<br />per,\'uE0 _ mar wa, , t^e ?v?^. `7~. de a ..:,?curs i~? °,;~~•,g ^i tae ,ay ,._ .- --. _. >.. _ - . ... ne :ate * • aai,:*ara;
<br />cvi<~,;es ,s , 2 °. ag--~ .. y ate. - e.. the _, ses . >_•€~ as ;.. < ..., -__ .,_ ... x _ .,. _ /,' • , bx=~
<br />aSS23ST;: ;i~:?`u :..~ ~. ~? :Sr_ ..bFi•e -,5~-,:J•?d LaC~- tti S 'Mayage. ^c _.? Re+ 3 _ -3x::_ ,,~ '_ ~-e =.3~ sqa.. LePer!tit!eC
<br />:h? :-,r"+fr , :? ^.--'SSeS_--. ,.- .. !`Y - ...~:5 ?3C V: JrcC'~~b2i ...?e t^P' w th 3~; r~".>. ,a"L>?rS 3 -S>-? d = - _ ;n2 Ca r.~~r:e5 3.iC ".34
<br />n t'S `u'cC r?is ~~ :: SE _"',? '?"S S- '.a'~ a> : Je?^S ~2L?SS3. .D' L~2 pu pvS2 .1f °a 4' _ :?[~a.'S _. ..:a ^:2 :>?~ 3..:.., ... .d1-..; ...i :..>.'3"C2
<br />-. - ~•. m .. k .... uld
<br />iL _+RS. 3xi?< 3R a5S?S<_u :~ :,>; y,...^-S > 3n,: ?3r . P ..__3'y 'xp2nSe5 ~:>•:;. ._ .... & S.. pre:. >.,> r,~ _..:-ECa.,~~ , : u e ...
<br />- ,.trr r >a`.nr ~.r >a!2 ~,,.r s.. a;~i .r,,:r_ ~r+,.err. r.s t~r2 a.:Ya, .e5 iiP'E7'^de. vn?: _ nac_?ea"_SS 5-__. ~ > -~, ,~.a-v 3,,t, tai, S„ci: t'tit,a SPS.
<br />dndE:S;y~' dD°5 '.'??f 5_ aS 6: S?? ::'<^E' 3Pn ^a15f2 ,. '.'3T ~.~r-..: 3.: .. >_-.~ :&::5 /'~:PE3S 3 u -"1_?:;.25 ~'!C!uu,ny anY ~an6 CCnt'dCi
<br />;aim,Yn;s dEe martgage~a.w,._,s ~• rv .... ,.:,'~,?s [' ono -yr, wJatso?i. ~-~. sa -- p..;;E-'y ;-, x ?GC-:-,~ ^° noes aA;ve-d?scr!b?d; out Sa,d
<br />~o:..,,!et:a sha- r -: Lase ore ..ae.2 . _ a. ~ _ t . __~r; e~ran's t_ _. _.. ... ._ . ., . _sre.:..,i,:n_ ! _.,.r :•_ss?ss.:, of said prea.,ses
<br />T'he '7gag>~ s t~rtrw c~.;a :' ;.~ m2`L n _ ~~. ana Nei asra 3re:. a ,_ :,.! .- ,._: gn~ ^e sr ;. a.~r-EV anwer ::rer_ca.,r >,n;e; _n s ~~n
<br />name sr Mortgab.,rs' na+rES ?c taie ~ ne~essan s .,s ~..., k> :-, .,... ,mew ,- ,_ cause sc:L p;e,..:ses t; nE':acat?d to c, e_t'ea!?:s
<br />_° i1hE" ,nra.AS tlr?. auG w"!e^ s,:an, ~. E;ei ?^_< s?r'r :. -_+,.~~._. -e?s.~_ ~.-e.?-. 3 ~. ;,a1 :ax?> .-,, ,.i Sa i'_ 'e^:5 :... -. ;5 ,Jnt;acl p,..~.:e7t IS a!
<br />,nCJmES anc :C 7C a~` SGCh 2hrn~gS e•~Lnr' n. 'S ?w, -' LY`5 ;. ^, .., _ 7=:is:.?n~. _c„ ,.;y. a "!~ ...'_ ^} -< ::S ~a~c„ ,.. 5...] ,.:_C-5 and
<br />IP cnatge Or rai a rC'mSJtiaD:2 ?ee 1D- w: SJa°i,eS a~..' r- a..r. .. .: ne a-,c a' C:. ~ .. .rS _.~.. 5:: _ a, ._ afh« 7;, Sw Ch tar"?S aS tC t!`2' Sa
<br />a*,'~arneY nsaY S??:c. b?St n!h '~_'->.: w$?+: _..__. ,..., ...,
<br />i, ?ne he=e.nnet;~E 6E5L tied ra: „v.. ._ h s a~ . ,. - . _ , y_ .. . _ .. ._. .,€~ _ ,. . < Sd .g,g_.s w-:!:
<br />r ,...~5:,.. ~,.~^"2;:;e, '...r a ,235;.a L z .._u :_ ... ..- .. a - .. ~ - .
<br />dESCnhed ;Ea+ 25tstc ar arry prt taz!.~ x ..,r;~ . -:ann w.' e ,ant a. w s, a.,,_ _ ...~~ . csr _ _ _ ,.grs
<br />a+ker~d. ~__ proceeds for the gang ,, tl tx tn? ca s ne _t : ;. ,._ . 3. ?. . x?_ ,: ~; . ? ~ ' a°., t *~~ a „n a :nceci
<br />n.•cs se:!:e" *r tnis ,.ar' ~, ar„ ;fie, h°.L7r a ass. Ur re~_ _ s ea
<br />~~g' 'gn.,. .. - .:a- }.C ~c _s ;.a-.-: _ w,;,. ._ __ _ . ~ ._ R v.. ..~r a~_~-..-'-t
<br />the !ast?ra~??gig rnsY!!me!is .t -;ca ,retlcr:o-rny?es
<br />~ted'tt'!S IST _tlaY of .ts,t,p ___- .`.Z__ '
<br />3b THE PRESffiCE 0~ irT'~
<br />STATE Dr !if t3RASKA
<br />GOllNTY Of HALL ss.
<br />On this /57 ~y _!~~ ..__.__.---
<br />ihe afire-named
<br />,` ; - ,
<br />'~ r
<br />Willaru W. Pau+3 ~ () i~
<br />l~aney 7~ Pauly. ~~~~-~
<br />.~~-~_ . befo.e r„ie. a rJiaiy Gab!,e ~n ana for sa,d County. personally came
<br />+iill$rd ii. Pauly and Nancy L. Pauly, Husband and Wife,
<br />m ~ well kr+t+cvtf b rx ~e sdenticat ~mn z" persons wfieSe name s or na€:F ar? a#€:xed iG fh2 oiri,v`E aor?~pge as grantor c grantors and Lhep, ho
<br />b
<br />ar aw~le''d+ eni and me Execution therea#. ?o ~ +?r< ., untarf act asd eed.
<br />M/1tlwtiM~YMdf~Y~i~
<br />~'i F ~ d yz ,~Tt awYi mid'. a-~L~^~~~~ ~'!/' . /'~f
<br />~'
<br />My commission ex.;!res an the-.-_..~ S~ ~_ day ai ~~_.IJz7_~__ -_ 15 ~~
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