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<br />79-if~04593 EXPANDABLE 1~~IORTGAGE
<br />ASSIGNMENT OF RENTS Loan No. 6214000=9___
<br />KNOW ALL MEN BY THESE PRESENTS: That Melvin E. Leth and Marilyn J. Leth husband and wife
<br />(heremafter called the Mortgagors) in consideration of the sum of
<br />Thirty-Three Thousand Three Hundred and NO/100-----------------°-- Dnllars(5--33,300.00--)
<br />loaned to Mortgagors, do herebyy grant, bargain, sell and convey unto COMMERCIAL FEDERAL SAVINGS AND LOAi~ ASSOCIATION of Omaha,
<br />Nebraska, (heremafter called "Commeraal"), its successors and assigns. the fallowing described real estate, situated in the County oi,
<br />Hall State of Nebraska, to-wit:
<br />Lot One (1) of &ernhard Voss First Subdivision, a subdivision
<br />of part of Lot One (1) of Voss Subdivision of Section Eleven (11)
<br />in Township Eleven (11) North, Range Nine (9) West of the 6th ?.M.,
<br />in Hall County, Nebraska
<br />TO HAVE AND TO HOLD THE SAME. with the appurtenances thereunto be!cng;ng. unto Commercra!, its successors andassrgns. [erever.
<br />Said Pfdrtga~rs hereby covenant w;th said Cemmerciaf. ,ts successors anG assigns- that Mortgagors are iawiully seized of card premises, that
<br />they are free from encdmbrancds. and that !hey w.rt! forever ~,varrdnt and defend the btle to said premises against the lawful claims of all persons
<br />whomsdevzr.
<br />Provided. nevertheless, then? cres?nts drz anon th? toilnwmg candytons:
<br />Tha± whereas the said Mortgagors as ma^b?rs o Cc~r-ercial have ihrs date executed a ante evrdenang such lean and agreeing to repay sard
<br />sum of mcney. with interesi in paym2r.ts as set forth m said Harp and have agreed to abide by the terms of said note and Charter and By-Laws of
<br />Commercial.
<br />That whereas thrs mdrigage shd:i se,:ure any adori:ana! advances. ~,,rh mier2st, which nay, ai the option of Commercial. be made by Com-
<br />merdial to the undersi;iPd ffdrtgagors or iheu succzssd;s m tale far a^y ourrose. ai arr,• hmP before the release and canePllaiidn of this mortgage.
<br />but PROVIDED. HOk9EVER. at ne time shall the aggregate pnncrga! amour,i secured by this mortgage, being the amount due ai any time en sard
<br />c.=igmat note and any additiena! advar,c?s ;gad?. =xce2d an a-:ount ?"vua! to iiu percent •~? the amount of the original note, but in no event shall
<br />sard note exceed the maximdm amount permifted 6y law and PROVIDED, H01'lEVER. that ndthrng herein contained shall be considered as limitng
<br />_ ,that -r„u ~ ~ . ~ I„r,ny ,hey x,14_aac~d r ect 'he sr'C;,r~ly ^r ir, accordance with covemots contained in the mortgage.
<br />v,r m....r„ s,,.,,. ,._,.._ .. _ _ . _. _
<br />Ndw, if the said Mortgagors shall pay Jar cause to bz a:d the >am s:ms o` monzy ~a'h2n due, as set forth rn sard note, and any ether note for
<br />additional advances made until sard deal is fully paiC wrth ant?rest. then thPSe ;resents shall h? vord~, otherxrse. to be and remain m full (cite and
<br />effect: but it default should bz made:
<br />~a' !n any df the payments due en said note, and Say ether Hate 'a. adtlri+enal advances r!.ade- as iherem agreed to be made for three months, or
<br />~r~r In keeping th? lnprawmen's on said premises ,rsu;?d agar:st loss by reasan ci fve- Irghimng. and other hazards included in extended
<br />dn_verage in~srandP in do amoddt not less than the uodld balance o said Txigag2 ?aan. m a company dr aaTpanres accep'ahle to Cem-
<br />mercia!. "re original of such ~ .ry ~ .ci,c:e::_ held by ~^c:mernai. and with a mortgage clause a?lathed td sa!d pchcy ar polices.
<br />m favor of Commercial: dr
<br />c In the paymenf of taxes and ass?ss-PC~ls ;_,._, :;ao sa:d pip^.,ses, a; an ih~s -::engage bPfor2 they arP N!:nGuent: ,.
<br />dr tf there is any r. ange ~^. IhP ~w-._ shy: _ _a. >,...2 :: caged here n. cy sale. ?;ih? c -:h cr dt contra L -r by ass~grment of
<br />am' interest thereon c cth?rw,s?:
<br />then. in any of th? above se? forth everts the ' : .= -nd?htedness .*,?re?y s?cured shai' d! [he opt,en of Car..~er_~.a! ~ med,areiy become due and
<br />payable w;thout tur#hPr Hallo?. end th >?..;... > h_?' sa-~d a- ~? a. a any ether nofe +or add i~na:. adt n ?s n:ad2 ha .a fie ante of the Pxercrse
<br />;f said option. Dear rat?rest at the rax:mum .ega~, =ale pe' a i.nu~.. and th,s aar(gagz may then bz torecosPd :, satisfy ln? amocn ^_;:P on said note. and
<br />any nfher note tin addit+onal advances. together w,th a.l sa•.^~.s "rid by C?mm2rcia! idr ;ns!:rance. *axPS ass?ssmPn. ,and aDstracl extensran charges.
<br />wrth ,ntetest thPrPdn t:om inP Sate pt pay~ant at r? ,ax:.~:^um ;ega~ :a:2.
<br />~RvVIDED "at m na et'znt. eithRr b2frP ° :, . dPfaut;, shat' me mt?rest due d.:d°r sard rote and ma morgage and am~ other note for ad-
<br />dri,ana! adi~nc?s ;;-aye?xc??d t'?? maxrmm =a.,._~ nte?st rate.
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<br />ditn,'neY n:d}' S?en: e?St. w'id. for _aw?; .`. Su'`S[t,.....
<br />~r. !~rT^3y gars h'cirby a; ce a - ,erc.., . ~ _ ... w, _. ~-- _ N „axe, ,,,g'P at,ng
<br />Tfl th?:rer=mbctore descrrbred real rta,z ' to fi _ - . _ _ _ ,: .; r tr G _ _,ercra, "3d'tgagdrs rill
<br />2itnvarse Camlrrerdf3t fd• a:' rtc>13b1c .gas ,rru, ~- . _ .. .. s_'-. X.e ,: T^- ;_b~:'s ,~ utz. ap?c that f 'h?'~erP nrefa~P
<br />desur;ed tea! estate dr any par. Iheredt bP C6rF72 rza :sod? 'i ._w a> .-,. ~,~ - :. w'. se acGu~ ed fr a ;.:b'~c use the da^ag?s
<br />~sara~=. L`r? Proc~ds for th? ta;[rrg and tc: Ye ..o ->-^.~...;~a:~ •a~ : ^ 3c.,_ > ....: r . xt_.., ` .t. :: d ?er[ •_. _ ,ena,'r-rg ;,rpard mdebih7-
<br />ness seraraed by thrs mortgage. he, and Uwy h?rebv ,. _ .,>s:fir , ._ ,_ .,_ _ , s,a sra .v ._ _ '~.:*,K ~ tc Com. r. „ :c w ace' ed ra a ;s^i ;,.
<br />the Iasi math=lag instaltme?ts of sew .'sd?tisdness- ?O
<br />Dated Sirs f~:~ day ` ~JL'/ __ :t ~ n
<br />ill 7P,E PRESENCE OE: -
<br />~~ Melvin E. Leth
<br />Y,arilyn J. Leh -~
<br />STATE Dt= NEBRASKA
<br />ss.
<br />cDDNTv DF ,~, ,
<br />On this ___rt'.~. day of _ ~~ ---_--_
<br />t112 atmYEnaftied
<br />gg ~. before ;pie a notary ~:bhc m and fer Sa:d Cour:y {•erscnally came
<br />Melvin E, Leth and Marilyn J. Leth, husband and wife
<br />to me trel! xddwn to be the identical p?rsdn or persdrs w•hns? name is ar na°?s ar? a*! x>i tr ^?2 a~x;+e ^crigag<_ es _ran[:.r ;r g2n!ors ono fief:. he
<br />.br,u. =rlmdwledEe Shp said instmmenf and t1P 2xe ii-nth?r?c 'x .t: ~ v .' ; aci ~ .e S?Pd-
<br />+>~ti9~r-taw/liuy ,r v,: v!~~~/v ~"~^:.r~!'„-.~'
<br />Sea this day and year tact rr wr,;:en.
<br />M~. 7/, ft•Rt
<br />My aon:missrdn expo?s on :he_~A ~!~_.da~q ai _,:L(!1r4!SZ. .- 4_~. r..i .. ~.. .: -~
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