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<br />MORTGAGE
<br />MORTGAGE LOAN NO. L23, J3H
<br />IINOW ALL MEN BY TFIESE PRESENTS:That Robert L. Lilienthal and Jeaneen C. Lilienthal, each
<br />in his and her also right and as spouse of each other,
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Fourteen Thousand and Nolit70-------------------------------------°-------------~Lj,A~
<br />loaned to said mortgagor by The Equitable Budding and Loan Association of Grand Island, Nebraska, Mortgagee, upon j4D shares of stock of
<br />said ASSOCIATION, Cert~nte No. L 23, 736 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT TWELVE (12) BISON MEADOWS, NALL COUNTY
<br />NEBRASKA.
<br />together with all [he tenements, hereditaments and appurtenances thereunto belonging, including attached Hoot coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumb"v[g and water equipment and accessories [hereto, pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached [o or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shat! and will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage. and the band secured thereby before the same shall become delinquent to furnish approved
<br />insurance upon the buildings nn said premises situated in the sum oC $14,ODD. DO pa}'ahle m said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any waste un ur about said premises;
<br />In case of default in the performance of any of the terms and conditions of [!us mortgage or the 6und secured hereby, the mortgagee shall,
<br />nn demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigtu, transfers and sets cixr to tfie
<br />mortgagee all the rents, revenues and inwme to be dzrir-zd f rom the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid: and the mortgagee shall have the power to appoim any agent or agrnts it may desire far the purpose of repairing said premises and renting
<br />the same xnd r-•r. Ileeiing the rents, revenues and income, and it may pay out oC said income all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and nlanagutg the satne and oC collecting rentals therefrom; the balance remaining, a any, to be
<br />applied tuuuard the discharge of said marigaze indebtedness:, these rights of the mnrtgatre may be exercised at any Nme during the exi<tence of sucdt
<br />default, irrespective of any tcmpomry waiver of the same.
<br />These Presents, however, are up5n the Condificn. Thai if the said Mortgagor shall repay said loan on or before the rnaturty of mid shares by
<br />payment; pay monthly ua =aid ASS(lCl a`fION oC the sum specified in the Bond scoured booby as h~terest and nrincipal on said loan, an or before
<br />the Twentieth day of each and every month, until said ban is fully puid: pay all taxes and assessments levied against said prenuses and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon tl[e buildings thereon in the sum of $ 1 4, DDD. DD payable
<br />to said ASSOCIATION: repay to said ASSOCIATION upon demand a8 money by it paid for such taxes, assesmlents and insurance with interest at
<br />the maximum legal rate thereon from date of payment alt of which Mortgagor hereby agrees ut pay: permit nu waste on said premises; keep and comply
<br />with all the agreements and conditions of the 6und Cor $ jQ, ODO, t)Q this day given by the said Mortgagor to said 1SSOCiA"110N, and wmply
<br />with all [he requirements of the Cnnstitu[ion and By-Laws of said ASSO(a AT[ON; than these presents shall become null and void, otherwise they
<br />shall remain in full force and may be foreclosed at the option of the vid ASSOClAT10N after failure for three months to make any of said
<br />payments or be three months in arrears in making said monthly payments, or to keep and comply with [he agreements and conditions of said bond;
<br />and Mortgagor agrees to have x receiver appointed forthwith m suzh foreclosure proceedings.
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire rclnaining Indebtedness hereby
<br />secured shall, at the aption of The Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />further notice, and the amount remaining due under said bond, and any other bond fur any additional advances made thereunder, shag, from the
<br />date of exercise of said option, bear interest xt the maximum legal rata, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />bond, and any other bond for additional advances, together with all sums paid by said The Equitable Building and Loan Association of Grand island,
<br />Nebraska Cur insurance, taxes and assessments, and abstracting extension charges, with interest tllcreon, t}om date of payrrtent at the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage Iemains in effect the mortgagee may hereafter advance additional sums [u the
<br />makers of said Bund, their assigns or sucezssnrs in interest, which awns shall be within the security oC this mortgage the same as the funds originally
<br />secured thereby, the rotal amount aF principal debt not to exceed at any time the original amount of this mortgage.
<br />a th;a J3O~h~ -}d-a-y~rf~~ duly A.ri.,t~80
<br />('~ obert L. L,1't I e- n ~I~aj,/1~- '''}''i
<br />-~Jeaneen C. Lilienthal
<br />STATE OF NEBRASIU, ~ ss On this 30th . day of d U ly let BD ,before me,
<br />COUNTY OF (TALL
<br />Robert L. Lilienthal and deaneen C. Lilienthal, the undersigned,aNotary Public in and Fm said County, perwnally came
<br />each in his and her own ~ri ght se of each other, who are personally known to
<br />1. Gq
<br />me [o be the identical persons who •y• -+~ ~ xed ro the above instrument as mortgagor S and they severally
<br />N ~R
<br />acknowledged the said instrument to be ~ ~'i.4~`9" vo1QJr~ nd de^_d.
<br />WITNESS my hand ~ R~tiriai SI'~ ,Th62date aTore
<br />My Commission expirey ~ CL'tJ tdI5S1UIV ;
<br />~ a~d. 7, 1r4, °~~ ~ Notary Public
<br />ra7a2M RI •.• •.
<br />9~F OF .NE~~PS
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