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79--~ ~~D~S~'7
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 2 3, 5
<br />KIVOVYALLMENBYTHESEPRFSENTS:That Roger W. Loft and Donna R. Loft, each in his and her own
<br />right and as spouse of each other
<br />Mortgagor, whether one or more, in coosdention cf ttu attar o[
<br />Twenty Six Thousand Four Hundred and NO/100----------------------------------- iii•~
<br />loaned to said mortgagor by The Equitable Building and Lunn Association of Grand Island, Nebraska, Mortgagee, upon 264 shares of atodt of
<br />said ASSOCIATION, Certifeeate No. L 23,524 , do hereby grant, convey and mortgage mto the said ASSOCIATION the folbwiog
<br />described real estate, situated in Hall County, Nebraska:
<br />Lot Eight (8) In Block Thirty Six {36) In Charles Warmer's
<br />Addition, City of Grand Island, Hall County, Nebraska.
<br />together with all the tenements, htreditaments and appurtenances thereunto belonging, including attarlred fluor coverings, a0 window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and acasvxies thereto, pampa, stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the sail mortgagor has agreed and dots hereby agree That the mortgagor shall and will pay a6 taxes xnd asxsanrats levied or
<br />assessed upon :aid premises and upon this mortgagr and the bond secured thereby hefure the sarr~ shall become dttirrgtrnt; to furnish approves{
<br />"nsurar+ce upon the buildings on said premises vtuated in the Burn o(S 26 ,400, OO payable to said ASSOCtAT10N and to deBver to said
<br />ASSO(IATION the policies fur said insurance: and not to mmrnit or permit any wastr on or about said prcmixs;
<br />Fn pre, of defeat[ in the performance of any oC the terms and ;xsadi[ioas of this mortgage ur the bond secured hereby, the tnnrtgst}ee shah,
<br />on demand, be emitted to immediate posses+ion of the mortgaged prcmixs and the mortgagor hereby assigns, transfers and xu over to the
<br />mortgagee a6 the rents, revenues and income to be derived from the nasrtgaged premises during such tune as the enortgt~ge iadebledasa eha6 remain
<br />unpaid: and the mortgagee shat! have the power to appsrint any agent or agents it may dcsve for the peupose of repairing said prentsrs sad renttog
<br />the rant, and craBectir~ the rents, rncrsr~z and inixirrSt, aced it trry paY out of said insumt all cxptn~s of re{>siri~ saM tsrtmixa amt
<br />commissions and ezpenres incurred in renting sad ^~•^--a''-9 the same and oC collecting renWs therefrom; tare bsiaaa rerotinbtg, if nay, to tr
<br />deleult, irrespestivc of anY temporary waiter of the tame ~~
<br />Trust Prtstn[s, hosvevtr, art upw! ttw ('onditio.n, That d the raid Mr>Ftgagur shat! repay said loan an of btfxc the rrtaftsrity of a~ shares by
<br />Esy~e:t; f~Y nom.: lily tr: xie3 Asi(;;'IATION oC itrt :.:rrr specified ir. ;tee Bond srtured ltereify as interest and prinafvai an said Loan. on oe (+aiort
<br />the Twsnticth day of each and every month, until salt! lean a fogy paid; pay all taxes and asxssmenls levied sgaiaat said Rrcmixa aced op this Mortgage
<br />and the Bond recured thereby, M,fore delmqurn y; fwnish approved imurancr upon the buiWingx thereon by the stun of S ?~ 40D O, payahte
<br />m said A35r~lAtltsN; repay so aid Ati.~t[YATfON uptxr demand cell rnortey by it pod for suet! taxes, as,zc,nsene: ra@ ms~rraact`~ interest a!
<br />tare maximum legal rate thereon from date oC payment all cr! which Mortgagor hereby egrets [o pay; permit no west ae yid premixs; keep and comply
<br />with alt the agreements and urrdrtrons of the Bond for S 2 '4~o4~ ~O~O~thrs day given by the mid Mortgagor to said ASSOCIATION, std ~PpY
<br />with all the regwrcments of Nt Cona4tuta,n and By~i.aws o~ iSlt111>XJl IATION; thin [hex txezentz shah bCWtne au6 and said, otMrwex they
<br />shah remain in fu6 (urn and may be forecloxd at the uptron of the said ASSOCIATION after failure Cur three moatlp to nuke anY of aced
<br />payments rrr bt three rrxrn!hs in arrears in nuekirrg said nxmthtY paYnenis, or m keep and comply with the agreements and otxeditiotn of said Bond;
<br />and Mortgagor agrees to have a reiterver appoinervt fonhwuh in wch forteic>rme pruceeslings.
<br />if there le any change ir+ owrurship of else real [slate matgageal iurtin, by sale or oiherwlx, [!sets the enllrc remuaing i~t{uedaeas Berehy
<br />arcurwl stall, at the optism of 'fir ['gettable Bailding arul Load Asserciatiua of Grand Irtaad,Nebraska, betvme immediattlp der sad payable rriiboui
<br />further mrtkx, and tit amtwnt remunertg due under aid brad, and any other brad foe any additional advances made ttrretmder, shah, frt~ the
<br />data of ax~rcac r,f said uptwrn, [rear interest at the nyximwtt legs! nee, and this mortgage ar.y then be (aackued to sandy tfr amortot dm m yid
<br />blend, and any ofhtt bad fm addrtiorral advance:, teuttirer with sll were paid by yid Ths E~goitabk Building ~ Loan Atauciation of Grand !~.
<br />NeMnka for insuru+u, !axes and asaesnnenn, and abstracting extension charges, with interest therevsn, from date of peymeat al tM toaximum
<br />k;al net.
<br />As provided ra the [f~tui steuret! hereby, wh,be ihsa rratrtgage rerrearns m effect the mortgagee map htreafttr advaax additkaa~il urgfs h? the
<br />nYttrs of said Bored, they assns ur su.:r:cawuv w urttrtzS, whx.h satin shall br within the rtewiip of this ntortgagt the aamt as Sht Cuada atigiaaBy
<br />stturrd thereby, the total smnunt of ptincspal debt tort to exceed as any t!me the original amount of thin mwrtjirje.
<br />red Itch 27th . nay nr August A. n., l9 79
<br />Donna R. Loft
<br />STA'YE OF NEBRASi{A, ~ r the ttria 27th . day of August 19 79 ,before ma,
<br />COtftiTY OF FFALL
<br />the wdersigned, a Notary Public in and for yid Coemty, personalty came
<br />Roger W. Loft and Donna R~,,J,,uft, each in his and her own right and waste spouse of ea h other
<br />'~`L., are pera~y known to
<br />me ~ tr tlr ideaticet petarm g ,., ~_, ~-'WiutWrog'.,v;.= dre affixed to tlu above instrttroent as nwrtgagorS and they xverally
<br />adtratwkdgad fir yld insirw~t~ti}dty, thei"r'"~. -',ti~antary act aced eked.
<br />wITr+FSS~yxyid'~ ly
<br />¢ ONMt+I+i Se>y die late aforenid. ---~~~/`IC'^t'!~~~
<br />My Conunfltston txpirca ~.~- ~ ~.~ ~; -/1 ~~~
<br />tnre.a!t to - Notary Public
<br />-' ,..,.
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