79°UC-3425 EXPANDABLE NYOR~'GAGE 49421-1
<br />ASSIGNMENT OF RENTS Loan Nc. __
<br />KNOW ALL MEN BY THESE PRESENTS: That Eleanor Schuett, a single person
<br />(hereinafter called the Mortgagors) in consideration of the sum of
<br />Thirty Thousand Faur Hundred and NoJ100---------------------------Dollars (S 30 400.00 )
<br />loaned to Mortgagors, do ttere6yy grant, bargain, sell and convey unto COMMERCIAL FEDERAL SAVINGS AND LOAN ASSOCIATION of Omaha,
<br />Nebraska, (hereinafter called "Commerc!al"), its successcrs and ass!gns, the following described real estate, situated in the County of.
<br />Hail State of Nebraska, to-wit:
<br />Lot Four (4) Tara-Leigh Subdivision, in the City of Grand Island, Hall County, Nebraska;
<br />TO NAVE AND TO HOt_D THE SAtAE, with the appurtenances thzreunfo bzhanging ante Cemra.ercral. ds successcrs and assigns, forever.
<br />Said S3artgagars hereby cav?pant v:ah card Ce,„mzrcral, its successcrs and assigns. that 1!artg-agars are Iawfui:y s2rZdd of said premises, :hat
<br />they are free fmm euumbrances, and that they will forever warrant and defend the t,t!e to said przm!ses agamsf the tawfui clams of all persons
<br />whamsa?vet
<br />Pravided, nevertheless, these presents are upon the fallowing [ontlit,ons:
<br />That w,herzas the said f.4artgagars as ^!e bets at Camme?cia•. have this date executed z note evrdenciny such loan and agreeing to repay sa,d
<br />sum of money, wish intzrest, m payszr.ts as set tenth m said note and have agrees to abide by m? ;erns of card note and Charter and 6y-Laws of
<br />Commercial.
<br />That whereas this mortgage shall secure a,y add!t!ana! advances. ',pith ,nterzst w';1ich r:ay ..: the optian of Commerciai. be made by Co-
<br />martial to the uadetsi,red h?arigagors or Their successors in htie for any purpase, at any trTe before tl,F release and cancellation df th,s mortgage,
<br />;k i PROViDEC. ND1yEVER at na t!me shall the aggrzgate principal amaunt secured by trs mortgage. be{ng the a^ount due at any time on said
<br />original note and any addrtionai advances rase. Fxceed an a ~aurt equal to llC pzrcent of thz amdunt of nz ongrfai note, but m na event shall
<br />;aid note exceed th? saxrr•:um amount ~tmitted by taw. and PRDVIDED. HOWEVER, that nath!ng herzrn •~onpm~ shalt be considEred as hm!ting
<br />the amalsnt that ire!! be securzo ne!?by when advanczd t^ protect thz s?CUr:R or rn accordance with cera:anis cdnta,nzd rn the mortgage.
<br />k.:,-.~ f flit ez r. ~sle~a-.fe e?i~il as ~ [v~ r !hP _ _ _ ^~ Ft~ '.v'RPP ~L-!? ae GP} (:~•Y] ~_r. Ga:;l InIP 3f1:! ](`L :il1fe'!I MIB Eft
<br />add,irana! advances•made ,tntrr sa,d debt .> ru!,y n3rtl,w.th ,nteres;, then tne>.. Fr?s,nts shat: bE vend; ather.vise t3 ~ and tomato rn furl Torso and
<br />Fifett: 'YJt It ;;2fa.'!t shau!d t>e "lad?:
<br />~a• in any of the a3y~"2nis due an sand Hate- and asy Omer n, ,, Ter adddi~;a, aeranczs max- as therzrn agreed h be made Tar mrze a~ths, or
<br />,b? In kzepmg ~ ~nprox~ments on sa,d c?emaes ,nsur2d ago~ast Lass by ;zasen of Ene lir?htn!ng, anC other haaards mdudzd .n e.xtend~+
<br />-,~ra~ msu-anez ra ai amount not 'ass loan the unFa~.~ x:anee o' sa,c ?=prigage :car,, m a c3meany o? campan!es acs?stable tea Gom-
<br />:. "; ;sigma! ~; such ~! cy p.,'.,.?s .~ ~ hz,c ?,' „ ^re ria a _ v ^! _ . ,rtgage c!au5? atlas^.zd t; saN a;ct;ty , • po!~crzs.
<br />, f, m;z pay cent f tea?s and ass2ssnents r?vi?c ~~pan saic rF-:s?s. ~ _,~ _. > . ~°;?ap~ ?ef3re they a;? d?S,r~Uest o:
<br />c` Ii fizsz .s an, change ^ thz ann_ cn.r ;+ w,z re.. ~s.~„ ~rtga;o here'- ~} >a F e: hz ~_ ,.got . a' '~nd c i -. ;` ^Y 3ss;gnren; of
<br />env rntEt'cl "r?:epn ar 3therw~s?-.
<br />the1. ,n a^y 3` the atrev~e seFtarm events. t'e wrotz rnd2Jtedn25s aeretW s.,..ura; >h_'~. 3t t`;? _..:n :' ~~,-e.~~.a~ _ _d:atery -",lei~me daz and
<br />, . a ^,:: :a ,,
<br />~yab~e w;t!:,~i R.in?' n,t;re and the a!~oun? G.,= 3nee• sage 73tz ane ny er rate +~ ~o,. , a; .ar.:zs -., r >. a , _ :gate c' ih? ?xercrs°_
<br />of sets apt!an bF.a• rues', at the saa;-n!,m 2gai _:e pe: anr,a. ,nc m's T, tgage Tav Hen 3~ rc ,_ :s.~ :: s.. > } ,........: due x sate Hate. and
<br />any oilier nets for ao3rtiana! advances. iagetn?, w,th al! sc~~s pa,d b'v ~finer[i'c, for .n,J-ant? !axes ass?ssna.ts ace a3s?rsZ? Extens,an charges,
<br />a•rfh ;nt2r?c; GhFrzan trot ine :date of cayment at the max.~T~u^ :2,3'. •ate
<br />PRGVIDECthat n no event. 2rt1?r be}ore 3^ a~:zr dzia„,?. sh-sit the ,nierest ~, ,:nd2- sa :,~ e--^_ :*.s -•,orgag? ass coy ath?t note for ao-
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<br />M35 SEC:ireG t71' tki5 matigagE b?, 3Rd ID2Y Vr=ayo eSS ~F!?_ ~. .-_P..:eiC 3 3~^_ S.a aF .^,a'--: ,. ~ N !' ;, ,.~~ ~'1F. ,.:_` *a 6F a,."r',E^_ n 3cCJ.:n+ f
<br />t~z last n.ae,r,ag ;nsai;m?nis of Sue.. ,nGett?<dness
<br />D3L3 ~r!5 ~,~,~ day U°i ,)~p~e 'G _~+_
<br />~.f' ~~l~LS6~ T
<br />Eleanor Schuett
<br />STATE OF *SL9RAidtA
<br />COUAkTY OF HXLL u - ---
<br />~ his _.~~.__ day 4f ._ Jaiae _ . to 79 , befdre raz, a natary pubad rn and far sa+d Caunty, personally came
<br />tfte atmve-tu-sured
<br />E%anor Sr_te~e::t, a single person
<br />to tae well lsrrvwn to 1>e the itienficat trevson or p{e~rsonys ~wtwse name !s c; names am afhxEd to C!z above ,..rigagz as granter nr gran tars and mey, he
<br />or shE, 5evetaity ackrcawtetlge the s~d it ~r~~ErEaf, to be ina,; voluntary act end G?etl.
<br />~lA Q 4VF~1~}t4 ."
<br />Y1f7NESS my hand and Not3tiat ~}i@~Gi:Y4oYR,Ni!l~n. ~ ~
<br />~~~ 9oG-rr udn6c
<br />tg?' cammissron expnzs an me ~~. day of -stn.<~~_.~`y.--_-- i9 _~'.f` 'A-5G
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