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<br />79-UU4595 EXPANDABLE MORTGAGE
<br />ASSIGNMENT OF R[NTS Loar. No. 494441-5 _
<br />KNOW ALL MEN RY THESE PRESENTS: That Thomas L. Schleichardt and Kristin I.. Schleichardt, husband and
<br />(hereinafter called the Mortgagors) in consideration of the sum of wife
<br />Thirtyy-Four Thousand Three Hundred and NO/100----------------------DollarslS-_34 300.00--)
<br />loaned to Mortgagors, do hereby grant. bargain. sell and convey unto COMMERCIAL FEDERAL SAVINGS AND LOAN ASSOCIAfiION 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-witl,ots One (1) and Two (2) of Schaaf's Subdivision, located
<br />on part of Lot One (1) Mainland, and on cart of the Northeast Quarter of the Southeast
<br />Quarter (NE1/45E1/4) of Section Twelve (12), Township Eleven (11) Piorth, Range Nine (9)
<br />Nest of the oth P.M., in Hall County, Nebraska, excepting that portion of said Lot Two
<br />(2) heretofore conveyed to Eugene C. Rosenkoetter and Evelyn Rosenkoetter, as recorded
<br />in the Register of Deeds Office in Warranty Deed Book 130, Page 289.
<br />TO HAVE AND TO HOLD THE SA5":E. ;vth the appurtenances thereunto belonging. unto Cemmeraai, its successors and assigns. forever.
<br />Said Mortgages hereby covenant w!fh sa!d Oormertia!. its successors and assigns. that fidortgagars are lawfully szizad of said premises. that
<br />Nov are free frcm encumbrances. and that they w!I! f¢rever warrant and defend :he title to said premises against the lawful clams of aH persons
<br />whamseever.
<br />Provided, nel~ertheiess. these pros?nts are upan the to9owmg wadi:! ns:
<br />That whereas the said ftortgagars as members of Ca:~!nercial have tha date execatzd a Hole evidencing such !aan and agreeing to repay said
<br />son of money, with interest, ir, payments as set tenth in said note and have ag!eed to abide by Lhe terns of said notz and Charter and By-Laws of
<br />Caromercia~.
<br />That whereas this morigace sha!. secure anv add~6anal ad:ar-cei. pith interest. which may, at the ephoo of Commercial. he made by Com-
<br />mertial to the undersigned h9artgagars :r their suttesssrs in bile `ai any purpase. at any tine before the release and cancellation of this mortgage,
<br />bu't PROViDEO. HOYIEVER. at no time shat' dhe aggregate Dnnraai aaaunt secured by this mortgage, being the amount due at any time on said
<br />Drginal note and any additional ad7aice mzd cz ez ar ? ^uz! to 112 pe't ~t o the am cat f the orig-pal note. but in tie event shall
<br />said note exceed C;e maxi°um amo..nt pzr.;dtzd by a7. ana r4 ~ QED, HOl',EVER chat othmg here~.n antain?d shall oe considered as limiting
<br />the amount ?hat shat! bz secured hereby when adamncrd ;. ;rot?a thz seterty or m attotdance with covenan[s contained in the mortgage.
<br />Now. if n said kartgagars sha a1 ~r to s x ;a a : > ~ ~_` ~r. as set fo•dt ~ ,~,_. and anv abhar sate fcr
<br />addihana! advances made antif said den_ s iulty ,a d w. ~::nt,. __, th_ ~ tPe>e oreserts ha I be vend atherN!se. ,o be and remain in full force 2nd
<br />effort: but rf default should he made:
<br />a1 !n any et ~e payments due on said pate. and any ar:2~ ae~12 `a! addibanai advanws ;, ado. as therein agreed to 6e made far theee months, dr
<br />~:b~ In keep3rg Lhe impro+~ements an said „rem!szs Insured aga~nsf `'ass by reason of rue. pghm!ng. and arbor ha_ards included m zxtended
<br />coverage insurancz .n an ar.,oun: net less than aiz sr:a~d ha:anc? of said nertgagz !aan. m a company v': tompani2s acceptable tD Com-
<br />m?;t!al. ih2 arigmai at sorb dal!c• or pD in2s to h? held try Gt-zzrua~,, and w!th a mortgage clause at'ac!tetl tD said policy o; polices.
<br />!n nyor of Carnertra': or
<br />c: In dte ;ayrxnt of +axes and assess^ents {2w?d eC•5r, sa --?':!ses. or an th!s r.•cagag2, before the. are aehnquenC er
<br />td~ 1f th?re !s any change !n me _e -e >h'p e .~_. s z > ~d ~2`ein h; sae Zit^?` ~~t-get nr cy ?and contract. et by assigttment of
<br />anv !tit?rzst dr2r~.~n ar tthe;wis?: -
<br />Lh~r many of ~ e abDV? s=_t forth eeents. : ~ .+`.~a'? meeD!ztn2ss 'n -say secured sha!: ar the option of Car:.mzraal, immzd!ate!y cocamz due and
<br />paya~~ witilou'. fur'Jrer notice. aad the a^auc*. ~d.? aadar sale note and_:.y tither rote for additiana! adracte; madz shall_ frcm hhe date of ~? ?zerttse
<br />of said aatiDn, hear !nteresi ai tFz naz~ruT ?ga ;ate .~. arw ^ and ~~s a e::gage .may fi?n. ~ far?t;es2d to ' t.sfy Lh? a^aunt Gt:? an said nett. and
<br />~:y aLhe; noi£ for a~fihanat advant?s t g??h?r w+;h a':l i -- c cy Cc~~m?rna! fcr msnrance- !axes ass2ssm?tits and absitatt =_ztensior. chars,
<br />w!tb ;nterest thereas frcm the dat? tf payre;:i ai ;1? r:az~nc~-,,2e;..1 :a...-
<br />PROYIDEO tha' m tie 2;E~t ?~t0er tletax o. ._ r d?fa~sR- sha! the interest du? under sa,d net? and this ma :gage aad any othzr note far ad-
<br />diUDras ad-Ydntas made zzt2?d '.tie max~:?:u'! !ax ~ ;^ z.2st -at?.
<br />PROY'iDED^he.. d:at +n *h2 2.e . ! ,_, ~ .: s , z :;ay==^ts d,,z ca sa ; te. and n am; au;=~ gate ` ` aedili~ial
<br />ddvantzs. as f're`t ~ ag*.ezC ., ~ - ., . ,;..e,: , f^e , 2 >.> __. _ a_ a?_v.. ~. ,;ed. _.a,:. k ~ :a~+2 !a the ;a n? tf ;~e *axes
<br />or ass.ssmzrs Iet,e•D ap.,n rte p!z-~ >.> 3^.';e _?s..~~=c -.. _?~ r.: ,.ts,,, . ;w•e- m ~, a ?~by -..rt d_ ~, quo . .. erc _. shay' b2"en,!tied
<br />._ re ir:,;aedia:z ~-ss?ss o~- :f mz pre'^~ses ~h~._-,_>~~ he:.. :,_::.' ~; t~ a-- .~,s _ ~:..?::> an,; »;:;> .,:~>~ -c. o "; v.?;-.tses. and ay
<br />~ :S dt i~?: 3. ~>2 .`.: i?n5 5: ta, _S a?2ES -'.-:SSa'r . ? ;4.=D_>? ~ a:t;o~ „a -'~. r:. "~~525 ... ,..;, !h2 'F'.3Y'^e~t et Ir.sutantz
<br />jt eir'u;,">. Yaias anC aS5?S5'!?'--~ ,:p].^ 5.. 'I t ie~:;S _ nP_2553'y ex7? S2S ntu"?^ .~ 2 ~ S3:' Cr4'':.!Ses and tDl-,, ect'ng none nleretlo~, and
<br />_ :,~to aM1_^ any nn.t?: ay Harr _-''ad an..__ h_!2-a. i?. ,'1u: ?n2 ~7c~;?~nc'S> S,. C.:iPC S :- : y',o:d: 3iru" f'u` Su Ch Rui:ASES-
<br />Ll£ un3?rSi gnrCL~.s35 nti r~ Sc':...>,~- _:S:r ~ I_ ~_ .... a 3 ~ ~ ~~ ~ _ 5. ".'J...Y~i a ~ -:.S - ,u ~ any !aNi .,7lrraCt
<br />pajT.'i2nf5 ~.r2 ^Cn tgaa2 aWi?'S an) r _.....es - t - _ n-:_. __. - i.^ !' _ l '. D? ._ .'. I;'_ .._.?5 ~k'-Y?,d?S~t!n?d Dui ?!u'
<br />CDr~mert!alsl.li:r »; t~sz ~ -a61e f_ Mz ra .~ ? r P . ~.~ _ ., ,~ ..> ,_ ~.:. 'r,'S. , ,sews _~. > . rzccvr' xssessun cf sa:d cremises_
<br />Tbz tdartgagors further ap~m*. Ca°mzrt~a! at a..a M127,as h2 : a _ ; sa t -nom; „n>~ .rrevocaC y z•d!er on Its own
<br />cart? or ~rt~~s' namzs to taKe as°: nzcessdn srs ,s . _: n.,n .a!,ie a . -_ ~ r,.~a;?_ ?tt rentals
<br />Dr aL+,er !ata~es duz, and w~:en vacar. to e~2t-tne > . k ...s-n e:z _ ;a, .axes ...! _. _ . -s ... ,- ~~rt apt ,_r:-~.zns ci
<br />=ncarres and to do a :~ s ch d?mgs z:m?~ *} g aw^ ~;i,cers ? 5 . , ~ , o.:'r, - _ i. - '~..~.: s :.tin ~. s_ ~~ ;upase, and
<br />t;, triarge : ;.3y a izasvadD!r `?? fx >.,4- ..1, ta. a~-.. ..,_ __,. :?a 7 rr _. >.... c _ae ~ >_ ._. -.. _ . __ch t_. -> s ., their s3.d
<br />atfDmew mat ~; best vnth tut ^,+cw2r ct s`~s::.;.±:.^
<br />Tne liDitg^~,gDrs hereby agrze ^- ,f Ca--e . _. - . ...., .. ... . a?cz-,~5 - _ _ ~ - e?ahng
<br />is tx`n f~+z rt~-,r2 d2scr,i~:, rea' _ ::- -• s_ _ _,_>. _. _ _. ~ - _ 4,,.,~F6:rs a:.
<br />r2iEtLSSe ~';::? ~ a' fe± d-1 'CaSD`+all,. _ 't..,. 771 .. _. ,. _ a _ - ?e? ., .., :.a - _ _ ,. _E - "3 _. ^r!e:'Lk'iaFe
<br />i32 ~ ~~ '.+~a: 2Sia~'2 ]: a1y Y"I lice v.: it? , _t e.. _'172' ~.E ' . ~_-," ,... ... .._ _ ,. __.. ._ ..._
<br />ararded, fa? axeeds in: mz ~,,ng ant fo 1'c s de•3t cs ._- ., a. [n. ex. ,. - .. , . ^dr,
<br />zess sew*~.' ;r, dtcs va;rfgage 72 tine >"~,r he °m ~ _ a» gr,=_ _ u.: . c _' a ..; hcl, _ .z _ _ ^ , . _: . _ _ ... _ _.. .'! :.c. w :. n
<br />ifw t35t W,3~ttnjp q;~g+t5 _`. S:!T ;n„~D '^ ~ ^
<br />Did3!d $735 J~ ,._~t~ ^.', .;~j f ,: r f
<br />fN THE PRESENCE Df ti~''~~~ '~ ~ x'~ 1-
<br />/~y if a ? 1 j „ _ _ ---___-_- Thomas L. Schleichardt 4
<br />Kristin .L, Schleichardt
<br />STATE DP NEBRASKA
<br />55. __ -- -
<br />COLNTY Df j~ ~
<br />O,i "cis ' " .day :! ___ . '.' ~~. xforz ',^a a 7atarr ;~r:~c ,^ a.^.^_'~': sa~7 Caunty. personaliv ca^!e
<br />ffte abare-.aaamed ~~~--__
<br />Zhamas L. S:,hl eh: t and Kristin L. Schleichardt, husband and xife
<br />to me weft k>.urrn >U be C7e idenh~t cersan ;,t ptrsco~ x•crs? name s a= na^es are a;`::x?d fa the aik,v2 ma,:ga~ as =_ran[os r g~an!ers ano then he
<br />cx she. severalty atknDw!adge the said'.nsts_'me~t ar t"e 2zecu6an ~xr2of. to .e thz,r ,_.;niary act a»d d??o
<br />L IlOfIiRY •'A~b d Meffi.
<br />%STNESS my hams ana Notanaf Szai ±hts day a»d year ' a7/rpN01~t0• ~~RG ,/~
<br />`~ yr~~ ~= E^y. oar i7. seas ~.~%~t~~~v
<br />ah' comm!ssmn zxpttes an hte -- day = ---.--_---
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