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74-- f3U352Q EX~'ANDABLE MOR~'GAGE
<br />ASSIGNMENT OF RENTS Loan No
<br />KNOW ALL MEN BV THESE PRESENTS: Thai Frank R. Lauvetz and Sue M. Lauvetz, Husband and Wife,
<br />(hereinafter called the Mortgagors) in consideration of the seen of
<br />Twent -eight Thousand and No/100----------------------------------Dollars(S 28,000.00 )
<br />loaned to Mortgagors, do hereby grant: bargain, sell and convey unto COMMERCIAL FEDERAL 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 />Lot Thirty-five (35), in Ravenwood Subdivision, located in the South Half of the
<br />Southeast Quarter (S 1/2 SE 1/4) of Section Thirteen (13), Township Eleven (11)
<br />North, Range Nine (9), West of the 5th P.M., Hall County, Nebraska.
<br />70 HAVE AND TO HOLD THE SAME, with the appurtenances thereunto oe!ang~ng. unle Commercial. its successors and assigns. fcrever.
<br />Said Mdrfgagors hereby covenant with said Commercial, its successors and assigns. ihaf Mortgagors are lawtul!y se+zed of said premises, the!
<br />they are free from encumbrances. and that they will fcrever warren! and defend the title to satd prenuses against the iaw(u! claims df ail persons
<br />whomsoever.
<br />Prcvided, neverfhel2ss, these presents are upon the fc!iowing cend~±ians
<br />That wfiereas the said Mortgagors as members df Conmerua' have th!s date 2xecufed a rate ev!denang such icon and agreeing to repay said
<br />sum of money. with interest. in payments as set forth in said note and have agreed te. abide by the terms of sold Here and Ch, sand By-Laws of
<br />Commercial.
<br />That whereas this r„ertgage shah secure any additiana! advances. with .nt2re$t. wh~cn may. at the option of Cemmerclal, he made by Com-
<br />-ercial to the and=rslgnad'Sortgagcrs er ffie r sccdesscrs t ar an " ,'cesz f a , :me before the re+eas2 ar6 cancellation df this mortgage,
<br />hri PROVIDED. HC~'EVER at nc ':'tee sna!- the aggre~a}2 ~r n ipa a_,;unt sev ,2d b, this ^artgage. being (t12 amount due at any Time on said
<br />or.ginai note zre any zddltrana! acva_es made. exceed an amcuni equal to ' ~ C2rcent of the amount of the dr!ginal note, but in no event shall
<br />card Here exceed the maximum amen( perm.±!ed *y lace. and F40ViDED HCI4EVER that ndMing herein cor.fa!a2d shaft be considered as Limiting
<br />toe a~"v:.~nt mat shalt t>e secured 'Hereby when adrnca t. nr~teci tt;2 security or in accordance with rovenants contained m me mortgage.
<br />Now :f the sz!>' hcartgagars she!' ;zy ~~ :oust to tr2 did the said sus-,$ of money when due, as set forth in said note, and any ether note far
<br />aw,, ,tea: s~ran,,es ~"3u2 v.c+~ sa+tl a2 - ~ T! z a w:^ -^teres*.. ^2n in2s2 presents sbaii be void: otherNis2. fp b2 and remain in full force and
<br />effect ~;3 :f eeta;:.t s':eu!d b2 made:
<br />., h am of tae ;,ayments due on said ^cte ono arq tine: note r]r addihonai advances made, as mereln agreed ie he made for three mpnths, or
<br />.: in keening tn2 imerove:ants en sa,d pS2T+ses ~nsared against ;ess 6v reason of fire- hghimng. and other .hazards +ncluded in extended
<br />c~v2rag2 :asuranc2 ,n an ac-aunt n;t +ess "ra^ m2 unpa+d balance of said ^=artgage loan. in a company ar co,mpanies acc2ptahle to Cpm-
<br />m2raat. fE12 origmzr of s:;cr, pciuv a ;x:;~c,es tc ?e Held or Commeriai. and with a mortgage clause attached id said ppiicy or policies,
<br />;: `aver df Commercial; ;.
<br />_ rn d,e payr~nt pf taxzs and assess-ants 12v:~d upu^ sa:c .-, e-ises. o; on :h:$ ^;,rtgzg°, b2i~,>e ttiey z;e deiinLUent or
<br />,, if there is any- change m the awr.2isn:a . me r2a e_,_.u -:ar?gaged herein, Tr sal?. caner c:;inght c; by land contract d, by assignment of
<br />env +nierest m2reon ac otnerw+se
<br />men In any p' the above set-rorth treats the w^:];2 •.ndahted~;ess hereby secured s7a`, ai tn2 ep?:,n ~:; C_pm,mp;r,a~. ~. aeciat2ly hecom? due and
<br />pavat~'e w;mout further nat:ce. and :t+e a x , aa2 ~,d2r sa d n••x and any other Hate fe. add:t'o~z advances ^ade >na'!. f ~. ile date of Cie exercise
<br />cf sand =6tion. bear int?rest at f,~12 max=mu'~ ie~ .ate te; annu^ and g;ls mortgage may iron ;,2 forectcsed tc sausfv ?he a.-ce^t due on said note_ and
<br />a-} 'h ~ n:te for aGdatiazai advaac2s getr!2' w M a s~-s ~a y Co^merc~a! fcr ,ns_rarce taK2s assess-e^;s one at5?r3ut extension ctrarges,
<br />w n nt2r2s! mer2~an frpm the gate of ;L} •2 ? a: me _. -, .:a' ",.e.
<br />eRCb'sL1EC mat .n r 2YFn . 2,?ie. bFfar2 v aver n2fa~ . $hz" t'r2 ~nteres*: clue .np2r sar ..c,_ ,. _ 1s s •tgage and any ! ,
<br />aL4`ra_2$ r .,2 2:_e2~ m2 ° x ~,, awf~ •=st ethos note or a~,-
<br />_ _ _ ~;t2
<br />.:^ «,,,
<br />me
<br />PR; k'lic% :.r1"e' ., . - _?'a_ ' .; _~ _ _ . -;. 4ti .'.tS ., . , is ' ^. a^,~ vth2r ..^i2 r}; dddlt or!ai
<br />-2:' < e5 f. e" 2'= s .. P- _ > > .~S ~ C.. a$ -.~,: .?, .',~ "de n2 pn~~iR2nt di tl12 td xeS
<br />_ 3.3e55;..: .. .... p.- - _.. _?-.: 2s. r,. _:- _..-5 e_e_'ae2 'i2 _ _ . ?, e ._
<br />aw ~,~_,a C~ -_r_,a; she-i ;x enhiled
<br />_
<br />^+ ,.e F -iS85c_ .~ ~2".,S2S ., __.€s:>{.'Y.. ~e xt~ .. ,' j c -
<br />~"-' a~ -- ` > ?f -5~,, a >7 g apt `,'1e Mt E. rS25. nd "lay
<br />_. J. 2 ... ,.~ k.. ., ~.,;, rti -S- "~c -.3•-> ~ - r ->ac: nF µay ^72 t 1 n$JI~nC2
<br />8" _ ;G-._J .,_+,; as S2 - .-.> ?- >., _: :'P- S._ _ et e5$*'} 2x~t .S.S -;`. - 2^~ Sa~u y'~e S San-,~ r -:2 f,~g rant h ,~fr~,;,, and
<br />~;JC-~Y 53r•' ~ ,. _ -.r s, ar . ':..eS ei. ia- _._._ ,_ " c n __ .... .,... . ...._:_>'> se`u ,. > rU~`y . ... id +Cr >_Ch p>;rpLSeS,
<br />the ~na2-'s: ~' '4?: '." S" ~•c.2`" _. _. ._,_ . _ .._ _ _ a: 3.: >., ] '2 ., _ _„5 ,. -., --.,,r.es i'uiiCg a+ny land CuntraCf
<br />pa!"Y 2 teake t-a...._ _ } __. .. _ a":}c _ -.,:~a,SOee'e" • . . S? ~!s2'iy - J° ~ ... _ rite ^.ai2$ a.CJe-deSCr ~tl, bUt Sald
<br />fire C:?. Ste +.. .a>, `k '~,._ . _ a^~-_ . .. _ __.: . ~ ._ .. __ ~2,. "t'n t5 a _~D52 _.._ a_t _~.-$ . 2.,Cr2r p3SSe$$lun of Said pfeTi 52S.
<br />Tie ~ ,fib s - ~r - € a > ne h a ~:,:~ s.., t •.e pcwr ~r 2 o~ah y wthe, a;, ,ts own
<br />aa..,... fA~..g-gt, s ,.a .es ...~ _ _ ..2z,_•, s _-- _ _-._ .R> - . . _ ;trt w ,e i.:_~s_ sa,~ ~:r >e> to x eacaied to cap 2c' rentals
<br />f -? - ~n;.'?^25 9d2 ar'a a^e! d ~'~ ~.-' irr S:. __ -.~lt2 a. '2a>?..,-2 epa-.S a. ] w totes "_ ' is C :cols. ".~ ,. tS, iantracl paymen 2S pf
<br />,a es zaS . Uv a,: s;, `r a- e a :> .w .. . ° '~ .:_, .a : 2s 7u , = G _ _e: And ~,,. " i.a as ,ts.agen', fe• sale p~rpoie. and
<br />i? tharg2 ~.~ :idp a '8aS} la.: -2 e~ iC~ >_.:. >r'rsC > _ :. '^...9. i_ :;r 3t' d...r a.:__ , "2S 3n_ . >u~,^. -z 'ie: _:.d -" v_~^ ms as id :ha • Saar!
<br />~ _ ta•
<br />e--- r"+ Y ^at sc~'. boss w"'* t.;~ r..rr. - S; Ci,: ~.. _..
<br />~'L ~"15~61;'Jri .i2,e~, ag• . ~a J _ ~ Y l -":1 tar 4 J2 2$ -. a-e ~ - ~ r $' 1 r f22dln -2'at:n
<br />tc '~e here,n+u2' r d2>Cr n~i . 2_L a ~. - 2s _' a _ ~ , a ~r 'gagers w, B
<br />r2rRrx,r$a iA"'+'er is f;r ' Yast,r<zb•_ c,>,s M ..., ; n s.. _ >,.:. .e.~G •r e i+ - _ . t' =_g _e s1a, ~. ;h. hereiat3eiore
<br />rxs> r+bed •ea" tsta- . ; a s pa me e . ' ^r. _2 w2 e+ s-l~ :i~a , w ,- a~ ~ b - se the damages
<br />ar~ra~ '~t2 p ec-d5 for Ne ~?rmg. a rJ 'i2 c ~n +;>?.a, a i su"- a qJ s 1 n, t Ma x .: r > t e-al u,.g anpa;d"'r~oEtl~3+-~,,
<br />rfeSS s-a,,, z-d ?i tS > ruribage i!e an - t`1Pr F_b4~ err aSS-~ _ +~r,_ ,. t.;a and s`',.:- s ~,..' ~• :_Y .. _ ] ., f t ~ -i"d ^!t A:( t1Rt-'^.f ~~
<br />~2'aS.,:a sJr.nS Instal%T?IiS 3'sLCn '",d2;,i2"ne$s ~ _ - _ _
<br />Oated ffils 22nd rgr of Mau _ .~ i 9 ~ r
<br />IN THE PRESENCE DF: _~~-~~ --~~Lue2 ?___- -. _-- .
<br />Frank R. Lauvetz ~
<br />-_ $l3e M. LduVEt2 ~~-~.
<br />57ATE OF NEBRASKA
<br />COllNTY OF ss --.~.__._ ---__---
<br />rx
<br />On this ~ __ day of _r!'l,^~_________-_- ?a ~_ J befo:2 :ee. a notary public m and for said County. personally came
<br />the abnw-nab ~~ ~y,~ L~~ ~.~~Z• s xife of wank R. Lauvetz
<br />to me welt known io be the identical persaa or persons whose name re or na;aas ar arfsxed to ?he as ve -srrgage as grr.;t. c~ ;J;~'~~rs aid mev he
<br />or sbe, severally ackncwtedge the said instreshersi oral the 2x?cation Jr2re]f, to b2 '.h=ir ~v,lur.tary act ar,d doe^. -
<br />WITNESS =+y hand and Notarial Sea, this day and year tact aia:v= wrlren. ~
<br />My commission expues on the __L~ ~~_~I_, day ai _-_-----_----_--- ;9 ___ _ ~~...~-s-:- - ~ ~ ,,
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