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<br />79-UU4~~~ EXPANDABLE M©RTGAGE
<br />ASSIGNMENT OF RENTS Ldan N^-. ---E21-3~=~--
<br />KNOW ALL MEN BY THESE PRESENTS: That Earl G. Taulborg and Saundra A. Taulborg, husband and wife
<br />(hereinafter ailed the Mortgagors) in consideration of the sum of
<br />Forty Thousand Six Hundred and NO/1D0----------------------------- Dollars(5---40,600.00-)
<br />loaned to Mortgagors, do hereby grant, bargain, sell and convey unto COMMERCIAL FEDEkAL 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 />Ball State of Nebraska. to-wit:
<br />Lot Twenty-Four C24), Fotash Subdivision, Hali County,
<br />Nebraska.
<br />TO HAhE AND TO HOLD THE cas,c. kid: the' apau~t2-'noes thereunto w!;•ng~n;. ~mtn L.-mecla!. ds s~cce>sc.rs anC asslgns, !erev=r.
<br />Said Mortgagors hereby covenant a'.th said C2m,ercal. its s(,ccessr_s ano asslgns, that t,torteagms a;e iae`'fu!ly se~_2e of sa!r1 premises, that
<br />they are fres fron ercumhranc?s. and t-,at they +~!~. '.....~ ,canaal ,:ec de!entl the title to said „2.nises against the !antul eta+ms of a=.1 persons
<br />N'hOm54eVer.
<br />Prortled. neverih?less. these presen's ~._ ~n ;.. _..,, ng c_. a•t~;.ns~.
<br />That whereas the sa!G fi9ortgagors a- PP- D2r> o' Co-m?rc!? ave mis aat2 =xecst2d a note ?videncmg such ~oart and agree,ng td ?epay saki
<br />- ~ df money, kith ~ntsresl, .n day:-'snis as sz? £,;Ih :,. sz:2 -zte and have a, _~ to above by the terms ct said note and Charter and by-Laws of
<br />Com.a2rctat.
<br />That k•hersas this rortgag? sha^ secure ass aec°, D.rn.:.: a c?s a':th Ir.tarest wh!ch may. at ?se oct~an of Cc.~~?rciaL Lie :nail? by Ccm-
<br />e'va
<br />ms;aa! i^_ the unde?sigred Martgagoa e! thec sate?sso!s :r tare `o: om' ou~pasa- a: any nre befr.re Lha ce!ease and cancellation of this mortgage,
<br />ti't PRDV'!DED. HOWEVES. at n .. = sba'~ ~2 agg*2ga1s r,,..aoa~ ?^.o;:nt s?cared py th!s mortgage being td2 a:::ount due at any time do sate
<br />orig;na? note and anv atldrtionai oua.,u.> -' _x;._.:; a o '. v p?:.er.t cf 'he a ,~c t t,f the or g na. aete, bpi .r no event shall
<br />said note szc2?d the maximum aroa.^.t P=r',!t1?C by ia~;. _.:, %nuVIDEC~~HOt4E>;ER, t^at corn~nK herein ccniam:C shall tw cans;dered as !smiting
<br />the amount that sh3i? L>z secured he?ecy When aCs~anc?c ?_ _._._c? thz s?ten ~ cr ~,n accordance with COVenan'S contained in ffie mortgage.
<br />New. . t!tz said R'ortpagdrs sha : ,a> ~ _. a ~ p d ? said s - > - . -en:. .. 2. as s2'.'a?h ~~ >a-::, note. and any other ndie ter
<br />' L3 ,._ tti
<br />a:dtbonat advances rails until sa!d deb? is fully ~a,C kiGh ,ntetest tn2n :hose p2m,ts shall be void. oM2re!se to 6e and remain m full face and
<br />?iiect: bit d def3~:!1 shJUid be made:
<br />in any ^f the par ^7£!s dC?Jn S_i_ .:... and a^.1 ath?' '..a t udd,l~on3' ~Ct2rC2S "3de. aS li72r2,n 3gr?2C iJ J? Tale idr ihte2 'OnthS. ~'i
<br />b In x?ep rg ":e , .,-ovp--edr ,~ sale _,> ::su'a`'_ - s .y :.... ' '2 ! ghtaiag and .;her na_a!ds mt!udv'd m extended
<br />- t.:ags ~nsuranc2 m an a ,of :? ~ , :he r - Jt sa ^~~ gagz I?an , a coapanv tr co^pames acceaab:e to Cd,-.
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<br />an ~ lnierecl ~Iel?un Jr dd'2rk!S2
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<br />`^? a 1 . _Vu E (iSta ~'.j~`5 .i SL~J' 't j~3 y / gym.
<br />,vial- fi-5 _~._ day nt '~ ~ %
<br />P
<br />ttr T'rli PRESENCE ~=. ~ ;% ~~ t >/ _ -t?l„/~E`.>~-___ -- -- --
<br />/ ti - Earl G. Taulborg ~
<br />/~, J r
<br />~.
<br />l~~ Lt, a,~ ~y-~ --- i - yam,
<br />- -- Saundra A. Taulborg
<br />STATE Df NEBRASKA
<br />CODNTY OF Hal.i 55 -~ [[f --
<br />Dn ~iS ~_ day ut i+~-~ _.__ .. ~ ` tr'_iD'e _ d i eta". .. a"',~" ..r S ~ _„ ~_ >_ .d' j ~3m?
<br />the above xarea if---rf -x
<br />Earl G. Tau2~org sail Saunas 4. Taulborg, husband and wife
<br />b me w=11 Arrrir, to tre the idenU.a! perscin or persons xnse Wain? ,s or War 2s ate ai`Ixed to :he above !-otteage a grntc~r ~~ ;`:a:,[ors a.:C they ~r_
<br />dt she. sswral!y ac'sndwt~ge the sa!C rnstru*:tent and th.. a cralitaltieiM+o4llRMkn,y ac? anG tlesC. - ^
<br />YIITNESS rry land and N2Lanal Seal thts Gav artd year ,a > ~' O°" t7. ~~ '. / ~ n ~
<br />-} C~ -QCs - 1L LAG <rL
<br />My C_ - R:=5S1Gn Fx`y=;25 Dn N" ~ ~ i_'Z ~ ~"i''~ i a / -, J. -. .. , ;.
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