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~0°~~ ]laXPAi~TDABLE MORTGAGE
<br />ASSIGNMENT OF RENTS Loan No. __~C' yf~- ~
<br />KNOW ALL MEN BY THESE PRESENTS: That Gregory S. Talker and Linda C. Walker, husband and xife.
<br />Forty thousand dollars and No/100--------- -(hereinafter called the Mortgagors) in consideration of the sum of
<br />-'-° Dollars (S**40 000.00** )
<br />Loaned to Mortgagors, do heresy grant, bargain, set! and convey unto COMMERCIAL FEDERAL SAYINGS AND LOAN ASSOCIAfiiON of Omaha,
<br />Nebraska, (hereinafter called "Commercial"), its successors and assigns, the following described real estate, sitaated in the County of.
<br />~r,L State of Nebraskka, to-wit:
<br />---EY.actional Lot One (1)> in FY~actional Block 1k*enty (20), in Palmer's Subdivision of Lat Seven
<br />(?) of the County Subdivision of the Southeast Quarter of the Southwest Quarter (SE 1/4SW1/4) of
<br />Section 16, in Tosmship 11 North, Range 9 WEst of the Sixth P.M., and its complainant, to-wit:
<br />Fractional Lot Ono (1}, in Fractional Block 'Ibrventy (20), of Kernohan and Decker's Addition to
<br />the City of C~and Island, Nebraska.---
<br />TO HAVE AND TO HOLD THE SAME. witlr the aFFurtenances thereunto belonging, unto Commercial, its successors and assigns, forever.
<br />Sara Statgagws hereby covenant with said Cirmmerciai, its wccessar> and assigns, that Mortgagors are lawfully seized of said Premises, that
<br />t:rev srs free Tram enrJmbrances, and chat they will fcrever warrant and def~d the title to said Premises against the lawful cta!ms cf all persons
<br />rSiamsaeeer.
<br />P.rded, rre,erh;.'zss, these presents are apron the failowrn; rnnditians:
<br />Tlaaf wtrereas the said Nor#gagrrrs as members of Camrr+ertial have this date executed a note evidmrtiag such loan and agreeing to repay said
<br />s~ of mordw, with interest, in Payments as set fardr in said note antl have agreed to abide by the terms ei said note and Charier and By-Laws of
<br />Castiai.
<br />That rrt'.ereas ibis mortgage shall secure any add+bonal advances, with ;nieresf, which may, ai the option of Conunercial, be made by Com-
<br />arrrtra: ~ me e3ndersigrred Mortlpaors w their successors rn title for any purpose. at any time before the release and cancellation of ills mortgage,
<br />but rr'c'O'vrfOED, nOF€EVER, at na time shall the aggregate pnncipaf amount severed by this mertgag>, being the amount due at any time on said
<br />original Hate tiro any addibonaf advances made. exceed an amount eriua! to 11D percent ci ifie amount of the original note, but in no event shat!
<br />said note exceed the mazamum amnrmi p'nrntted by law. antl PROVIDED, HOWEVER, :Hat nothing herein contained shall be considered as iimiling
<br />tfie a~rrrt that strati be secrrsetl tfereby when atl4anted t? prated the setur~ly ar in accordance with covarants a:ntained in the mortgage.
<br />Kew. rf the sera taarigagars shall pay or Cause tu' ba Para are sera sums of money whet, due, as sal Earth in said note, and any odrer note #at
<br />a4Mt+anai s until sera debt >s fatly Fatd wibr interest. th~ these presents shall be veld; atherNise, to be and remain in foil farce and
<br />~: z ~ ,t ~ ; ro ~ tear ~_
<br />~a, to arty of tae payments der on seat rat;. and arq atfler race far adititianaf advances made, as Cerein agreed to be made far three manttis, ar
<br />rbr in keepiap sit rmprovwnenG an Sara praxises ,nsaretl against lass tra reason at Lice, liydrfi,ng, acrd ether hazards included in extended
<br />covctage rm.;,,-reace :rr an asra~ari tat fens than tae unpaid balance of said mortgage loan, in a company or companies acceptable to Cxt~
<br />a;. tAe atigrna; of such pollen m polices to tie held by Comn;artrai. and n^ih a mortgage clause attached to said fm±icy ar paliNes.
<br />+n Laver df fiD~mettfai; ar
<br />fc? th the payment of farces arw assessmsr+s leviee apes said premises, ar an this mortgage. before ttrey are delirrgueni; ar
<br />';d) Ff itteee +s asst' t7txcge .n awttersirin r-f ~ ;eel estate martgaed trerern. by sate. erLhet matright ar by land tontratt, ar by assigrrmeni aF
<br />arty ia~est ftrererx: a oit>arwsse;
<br />t;>~, in art' of ~ aborre set-fortir events. ifre wont: ,ndehir~rss hereby ~aued shall. ai the optiaf of Car{mertial, rmmediateiy became due and
<br />payatPe rwt;~aet t:.^„!er r~T°tg, and iii drrmrmt due ear sera matt and arty attrer ;rata fo; additional advanrv_s made shat!, from the dam e# She ezeruse
<br />of Said sfitim, bear interest at ttre vraz:smna tree: ram per ann,nri, and bris mortgage may firer be farecias~ io satisfy the arar;nt due ~~ said Hate, art
<br />arty attire; ~e iris aEkhtioaat atliraiices, fagethm with all sums paid try Cornr~rtiai far irpyrtance, taxes, assessmerts acrd abshact eztmsrair charges,
<br />wvgt infest ?h~an trrofi fire date at paynon# ai the maximum loge! race.
<br />t'R01~tDE0 that in na went, ei>irer tieiare ar a#ter i~tauti, shalt the intmest due rrtoer said Hate and dris mortgage and any other Hate Sor atl
<br />tkFiaui asiwnt~s mmJe ex~ Bre maximum tawtul inferes'- rate.
<br />PROYt7}E23, birttie;, flat sir the eiemt that default extorts in ttre making afi the {aymeits acre cm said Hale, antl an ~iy other note far additional
<br />aduenoes, as n agrEBd ~ fle oracle ar is thE 8ie premises ins;rred, as above provided, ar at ttefaufi ~ r3de ie the payment a# the taxes
<br />m a5sessmEgitS lowed npri Lim pmmi525 above destniietl ar upon ih+s mortgage, before ttrey are aJ taw deliaQCent, Garcertial sha!1 be eniiifed
<br />#s iiiaN €msszssrtm of are practises above-tles~,ibed. 2oge#her with ati rents. laateeds and issues ar,sing ar;t.of are paanises, and may
<br />;n .S r~~te5mr rose fire r~rs so tar as st d~ rec>ssary tar the purpose of mat:iag ri;pairs upon the Premises and tar Rte payment of insurance
<br />pi;smsums, taxes a>at assassmentr uprm sutti prenises, anti for rkEtsSary earparses imuired in renting said pranises and tcitetting rent theretrmn, and
<br />€e same rm sera irate and any sates evidencing labile adwnees herersrdar tint!! the in~lrtedriess sec:red is fatty yard; tiro for such purposes,
<br />tfie i•eithy mil, assign, sit over arxf transfer unto t'xmrmrrtral alt irf said rentr, proceeds sad rnconres mtfudirrg arty iarW taniratt
<br />mw ara~ n; wig other sires at any Type shaver from said property ~ tr? appi i~ an tim Hates adove-destr}tred; but said
<br />t~annBPtiBisfraft~r atr cam to ~ISabfe Pot the taiiure ~ procure r ,. to taiaecl tarts. a; fa pmsecnte actiars to recover possession of said premises.
<br />Ybe fr>42ira tptporei tammerciaf at t~rraba, Wetuaska, mar aitamey in tact. giving said attorney power irrewcabty, dither orr its oven
<br />iA tgD1S' naR~S ifl ~ aft tFeCeSSary Steps far prnteedings CA t$lHrt ar r}tirerwi5e, fa iarr52 Said premises t6 trP Notated, is COifett rQYitdIS
<br />to o irrcxanes t'kre, and +rthen i, TD reiet ffie same. io make all rwsraab'.e reprrs ~ pap taxes rx,t et said loots, prahts, tanUact paymentr ar
<br />intYmres and to ~ atf S~ ! ai4~ ty itr oven irifi~rs Lr try other parties atilt' atrthara?eA anti appointed DY rt, as its agent for said purpose, and
<br />t2 ~itg er Fray a t~ €m sort; services, all M the above fo !re done of solo bores and rn such manner and on such terms as to their said
<br />grey may hest rnffi fait pa+r~ of substiLrtroir.
<br />TAe ' agree Tfrat if Comrreaaia? differ wluntaniy x inwiuotad!y hetames ur ~s made a party b any sad or proceeding rotating
<br />~ ~ >1~ ~1 state, or t.- ails m;x#gaga ar said Ham o; ;infs. other than a €oretlasure rri5titufed !>5 Cam:aertiat, Mortgagors wi!t
<br />rEimtiur9e tfai ~ alt t$dgdrrabte crstr sgirr~ txr {~rnmertiai in said snit ar ~x'eeding. The tk+rigagars furtlrer agree Drat it the 4ereinbefare
<br />~atiert loaf vu any part ttieneot he tsnrfemrr~ rimer the power of eminent tbmain, or is otherwise acpuired tar a public use, the damages
<br />armed, i~ to ttae tafcir~, tiro for ~ rtmsideratim ter sorb atitaisiban to the extent of the full amount of the remaining unpaid indebist-
<br />Aess try iris , te, amt ffiey trey are, assignee to Commercial tiro shall bs }aid farthwiih to Commi~raal to be applied on account ei
<br />tie aralttaaq anstaidtra;nts ,st aural sr~abfedrress. _
<br />~~ .i'~"'r~' itav 3if-u'`/'•s~iir?rE'Ff fq ~~~`
<br />fti T3lf PNE'E Ft' f
<br />~~~,~~r _
<br />~~~~ ~€ ~
<br />i17Y fli" tA~id+~ ~.
<br />~. x / ~l ~ ti~L/Y+L+? r~
<br />~p Ya7Jc~r
<br />f
<br />Linda C. Walker
<br />....-
<br />,J
<br />~ ~ _ _~ ..~~r 39 ~~ tr2tor¢ ~. a riatary puhtit in and Oar said County. persanaliy tame
<br />4aa4~reaeaaiT '9 ~, iis2kar lad Linda C. Yal3cag4~, htmraaDd and wife.
<br />to tie vial'- unarm ~ fte ttffi iti m ~+tsons wAose r is or names are affixed t; the above marigage as grantor m grantors a d;ey, nyE~
<br />~ ~ t anrt the raretutioo drereot, to De ihe:r wluntary act and . ~ i
<br />year last at+ave wri#Ipi. ~
<br />~y Nniary PuGl~c
<br />tAr ~mrs~ e~!res on the ^'~ .day, 1-~l~T --,--.' 19Cy„ , ky ;.._
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