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79-•~ ~~'~"d"~`.~ EXg'AT'vDA~3~~ Fv~(7RTGA~E ~:~4.ie,_,k
<br />1A5S1GNtriEl'~T :tF RANTS Loan fMr: ___-__.._.__: _.
<br />KNOW ALL MEN BY THESE PRESENTS: That ?.ci,ru.,,.. L. F'ost_2r ar.+~l ic,rHl~L`a '.+. '.f"c,_tec~, 1-, .:.L.._u:'t ~ u., ~rua.9`°~~:
<br />Ihere.nafter tailed thie Mrartgagor,l ,n consideration of iha sum of
<br />Forty-Saver. Thousand Mine Hunrired and ;+G/10!x------------~------- -- Dollars f5- '+' OCO•(}J-- )
<br />loaned to Mortgagors, do hereby grant, bargain, sell and convey unto COMMERCIAL FEDERAL SAVINGS AND LGAN ASSOCIATION of Omaha.
<br />Nebraska. (hereinafter called "Commercial"), its successors and assigns, the following described real estate, situated in the County of,
<br />Hail State of Nebraska, to-wit:
<br />Lot One (1) and the iJortherly Fourteen Feet (lr:'} of Lot Twc (2}
<br />Euhrman's Subdivision, an addition to the City of Grar.d ;.stand,
<br />!sail County, Tlebraska
<br />TO NAVE AND TO HOLD THE SAME, with the appurtenances thereunto belonging. unto Comma'.+al. ,ts successors and assigns, Forever.
<br />Said ftQortgagors hereby covenant with said Commercial, ifs successors and assigns, that idortgagors are IavrfuHy saized of said prer~ises, that
<br />they are free from encumbrances, and that they will forever warrant and defend the tltie to sold premises against the lawful claims or ail persons
<br />whomsoever.
<br />Provided, naverthelass, these presents are upon die fallowing conditimrs:
<br />Thai whereas the said Mortgagors as members of Commeraa! have tha date executed a note ewdenang such loan and agreeing to repay said
<br />sum of money, with interest, in payments as set forth in said note and have agreed to abide by the terms of said note and Charter and t3y•Laws of
<br />Commercial.
<br />That whereas this mortgage shall secure any addihona! advances. vnth interest. which may. at the opnan of Cammerciai, he made by Com-
<br />mercial to the undersigned Mortgagors or (heir successors in title far any purpose. at any U^~e beicre thz release and cancellation of th!s mortgage,
<br />but PROVIDED. HOWEVER. at no limo shall the aggregate princ+pal amount secured by this mortgage. being the amount due at any nine an said
<br />original note and any additions! advances made, exceed an amount equal to Ii0 percent ei the amount ct the orginal note, but in no e:a;+t shall
<br />said note exceed tha maximum amount permitted by law, and PROVIDED- HOWEVER, that noth,ng herein contained shalt 6e considere4 as limiting
<br />the amour,! that snarl i>E secured hereby when advanced to protect the secunty ar in accnrcance w,tn covenants contained io the mortgage.
<br />Now, if ti.a sa,d t,9arigagors shall pay or cause to be pod the said sums at money when d~:e as set iorth m said note, and any other note for
<br />additional advances made until sa+d deb( is fully paid with interest, thin these presents shall tx r: ,d atheraise, to ba and remain in foil force and
<br />effect but,f detault should be made:
<br />ta) Dr any of tha payments due on said note, and any other note far addihona! advances maoe, as dterein agreed to be made far three months, or
<br />Ibt la keep+ng the improver+ents on said premises insured against ions by reason at Ere, igntmag.. acrd atner Hazards included in extended
<br />coverage insurance in an amount not less than the unpaid balance ar sa+d mortgage learn ;n a company ar comparres acceptable to Gam-
<br />merual, the original of such policy or policies to be held by Cammercia!. and with a mortgage clause attached ±c said policy or policies,
<br />in favor of Commercial; ar
<br />tCj io the payment ci taxes and assessments lowed upon said premaes. ar on th+s mortgage. nefcre~ "ray are dehngaent: er
<br />td) If there is any change in the ownership of the real estate mortgaged herein. by sale, either eutngnt or by !and contract. or by assignment of
<br />any interest thereon or otherwise;
<br />then, in any of the above set-forth events. the whole indebtedness Hereby secured shall, at the option. v` Commerpai. immedratety become due and
<br />payable without further notice, and the amount due under said note and any other note for addit+cnal atlvarces made snail. from the date of the exerase
<br />of said option, bear interest at the maximum legal rate per annum, and this mortgage may th£r, tx foreclosed m satisfy the a,aa;nt due on said note, and
<br />any other note fa additional advances, together with all sums paid by Commercial for insurance. taxes: assessments and abstract extension charges,
<br />with interest thereon from the date of payment at the maximum legal rate.
<br />PROVIDED that in no event, either before n- after detault, shalt the interest due corder sa;d sole and this mcrlgage and any ether note tar ad
<br />dihcnal advances made exceed the maximum lawful ~nferest rate.
<br />PROVIDED, further, tnat in Lhe event tnat default occurs in the making of the payments due On saiq note, an6 on any other note for additienat
<br />atlra+_ _a ,.~,rrrr +grced r d r,.ad.. m c'E, i ng 'Se ..,.{-., - .n.:,. . a.~„ ..c_., ..e'a~;, rh€ ,,:au.. th.. ,a.":~ni Gl di° ~n€s
<br />u assassmect; loured rrpan the promises a`ceva desenhed ur vcn~thrs r artga„e net,,,e~ll+er aru~trY, law del~nt;;tertl- Commatral shaft f~ entitled
<br />(a the immadiaie possess,on of trio premses above-described, together w+th ail rcmts. eraccads and +ssue5 arising out o. tha premises, and may
<br />,r, . s ~fi~~.+e.,~r- dso t^e rent, se `ar a5 ii .",tent, necessar, tar tht t.~~;.ose c -k,-.~, ;: + s ~.-on ~~-,, e_,+,es ~ tY she pay;^ent at >,rsurance
<br />...~.-.-.,-.:. r•: r.c arsi ~S s _ ,.r - n _tr p e- Sf~. 3nri ter neteSSa;y aYiEyeS?S -1 r rrza .r: Fn -ii, 53id nrE.H(S?S a_nC "'erlartln~ rent ire{€irsm, eta
<br />to 'apply Sa .. ~ a r} v'il5 e:idan,. ~~~ tit lure iiaV,Ir1tE~ ~,e.tv~~~@r ;Int. ~ @ .de,.,r ~~e.:~ ueCv~Ca .S fvi~~ pa;d qnd tar Sut:tr kWrpe3e3,
<br />~r f5a:n ~ iF ~ r is -~Ic v !,._ ~ ~.~~ , t , M aF..~ ar+.T .hF ~ ez ~h:ya ! < -r ~ ,~ t . cat+i
<br />_-,.! .. ..-2 ~ _ ~ _. - - _ - - - - -_
<br />Cotnmeicial Shall n; no case pe ..able ror the tai4ire to procure tenants, to coned rents or to I~,rasecete aehons io iecovei pessessrart of sai;t premr,ses.
<br />The iJ;ortgagors further appoint Gommercia! of Omaha, Nebaska their attorney in tact giving said aitarnc~y p"?wer irrevacabiy, either on its own
<br />name or Mortgagors' names in take atI necessary steps tnr proceedings ,n tour! of otherwise. to cause said pre,niscs to be vacated, to collect rentals
<br />ar other incomes due, and ut.en vacant to natal the lama to make ail raasanable rapairs and pay taxes our of said %ents plaints, conbaet payments ar
<br />incomes and to da ail such [hmgs aithe; ny +s ~^wa oli,cors or by other parties duly authorized ana apacinted by ~t. as its ag£r,t far card purpose. and
<br />to charge or pay a reasonable fee for such serwces_ all a( the above fa be done at such limes and m sr!ch manner anG on sigh terms as to Fherr sa,d
<br />attol0ey may Saem hest, wiln full power of substr[uhun.
<br />-Rte Mortgagors heieby agree that if C~imerc:a? either vaiuntauiy or rnw?4urtan'y GwC4e.es t=r rs ,naaz a fury to any s=+~' ~ . . ~~egrng relating
<br />to the herainf>aforg df5inbe8 real esta[e ar to [his mortgage ar saiU sate or nbtPS, ptHet than ! -anti ~S;;t; mstih~teti CM ,,, °+~ _~ ".:fgagats will
<br />fUlmbnrSe L'mm~lerclal tar all reasonably Gusts mCUlrQid n'! LamlmatCia) in said Sukt ~]t pfoCeed!n£ The GSoriRa f;,3r5 'ttuthei Lk"'ae Lnaf ,t (nE heralnbEifL'le
<br />descrbed loot asiaty or any part thereol be cnndemne<l under thy power of einuient doataur ai ~s atherwrse aequ,ryd for a pahlic ase the damages
<br />awarded, lire proceeds for the iakutg, and fur the cinrsrderatuut for such acqursinon fo the extent of the roil a,r,uunt of the remannng unpa+d wdebted~
<br />mess secured Ly this mortgage, ~, and they neryby are, as_rgned i^ Cn^umyicial and chat! na ua+.^,'o~;rhwrth' 4r:cro-e!c+a !-, !:e aPp +-~ ±! aecx;nt of
<br />Llatgd tnis . ; of such +ndahtedres;, --ff~~
<br />Iffy ia`t malurrrg~s~~~!'t .".day oi.~~``lxs~_-_- _-___. - , t9 /~`! .
<br />t
<br />IN THE PRESENCE DFrl :l `~~' ''~-~~t~=~-`- ~'' '-~'s.~~" -------_..,
<br />.._._p. ~-~ _ -_.. .__ . _ f
<br />-- _. ___'. _ __ ...._..__--_ _ ____ _ _---___-_ .__ _-_.. ;>ondr3 V. T'oster
<br />STATE OF NEBRASKA
<br />COBRT'f' OF Hall ss. ---__..__~._._______.__ .. -
<br />On this _____`~>'..__.__ day of _.. ~4!1~~:T-.. _ ._... , t9 ~~, t>pfore Ina. a notary pubtrc in and tar said County, personally came
<br />theabova-named Rotaert 31, Foster Had Sondra V, Foster, husband and wilt:.
<br />t ma wall known to by tne'.dyaticaf person ac persons whose Hama is ar names are affixed to the aGxwe mortgage as grantor or grantors anq they. hr
<br />~~~~ r -said instrum~t and fns yx2~u6u FYyryof, is ~; that e ,tuntary act a; U di=d. ~.?
<br />1110Mf~M. ~ _ ~' . 'r'. ~ -f ~=
<br />~qr 1 this day and year last atnvy written. ~~- ~; _ ~~ ~ ;
<br />~,
<br />~'~ -UGC! jL `_ - / 6 r~'<. ~.T
<br />!/ J~ ~ ~t t r ~ `Ilbilr
<br />My connmssion explras cot the-_ -~~' ~~- day of /-/,F ;~.L_`_11- ----- 14 ~,~ M SU
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