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<br />MORTGAGE
<br />MORTGAGE LOAN NO. LZ3.755
<br />lGNOW ALLMEN EY THESE PRESENTS: That Jan M. Lawrence, a single person
<br />Mortgagor, whether one m torte, m corbtidvatkrs ~'tbtmm of
<br />Thirty-six Thousand and No/100--------------------------------------------------- Lto[1.eRs
<br />loaned to said mortgagor by The Egtdtabk Building and Loan Assodation of Grind Islsttd, Nebraska, Mortgagee, upon 360 shoes of tttodc of
<br />still ASSOC[Al'ION, Certificate No. L 23, 755 , do hereby grant, convey and mortgsige unto the said ASSOCIATION the followfag
<br />desmbed real estate, sitwted in HaB County, Nebraska:
<br />ONE ACRE OF LAND LOCATED IN THE SOUTHEAST CORNER OF LOT THREE (3) IN VOSS SUBDIVISION OF
<br />ALL THAT PART OF THE EAST HALF OF THE SOUTHWEST QUARTER (E%SW;) AND THE WEST ONE HALF OF
<br />THE SOUTHEAST QUARTER ('uts-aSE;) OF SECTION ELEVEN (11) IN TOWNSHIP ELEVEN (11) NORTH, RANGE.
<br />NINE (g) WEST OF THE SIXTH P.M. LYING SOUTH OF THE LINCOLN HIGHWAY MORE PARTICULARLY
<br />DESCRIBED AS FOLLOWS:
<br />COMMENCING AT THE SOUTHEAST CORNER OF THE iJEST HALF OF THE SOUTHEAST QUARTER (AtzSE;) OF
<br />SAID SECTION 11, TOWNSHIP ELEVEN NORTH, RANGE NINE (9) WEST OF THE SIXTH P. M., RUNNING THENCE
<br />IN A NORTHERLY DIRECTION ALONG THE EAST LINE OF THE WEST HALF OF THE SOUTHEAST QUARTER
<br />(W%SE';) FOR A DISTANCE OF TWENTY (20) RODS, RUNNING THENCE IN A WESTERLY DIRECTION AT
<br />RIGHT TNGLES FOR A DISTANCE OF EIGHT (8) RODS, RUNNING THENCE IN A SOUTHERLY DIRECTION
<br />AT RIGHT ANGLES, FOR A DISTANCE OF TWENTY (20) RODS, RUNNING THENCE IN AN EASTERLY
<br />DIRECTION AT RIGHT ANGLES, FOR A DISTANCE OF EIGHT (8) RODS TO THE PLACE OF BEGINNING.
<br />together with aB the tenements, heredi[anren[s and appurtenances thereunto belonging, including attached door coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, ah conditioning, and plumbing and water equipment and accessories thereto, pumpsstoves,
<br />refrigerators. and other fixtures and equipment now or hereafter attached In or used in connection with said real estate.
<br />And whemas the said mortgagor has agreed and does hereby agree Thar the mortgagor shall and wilt pay aB taxes and asaeamtents levied ar
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to famish appmved
<br />insumncc upon the buildings on said premises situated in}he sum of 5 36 , ODD. DD payable to said ASSCC(ATION and to deBver to said
<br />ASSOCIATION the policies for said insurance: and not to commit or permit any waste un or about said premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the band secured hereby, the mortgagee shall,
<br />nn demand, be entitled to inunediate possession of the mortgaged premises and the mortgagor hereby assigns, [ramfers and sets over [u the
<br />ttwrtgagce all the rents, revenues and inm:ne to be derived Erom the mortgaged premises during such time as the mortgage indebtedness sitaB rernaht
<br />unpaid; and the rtusr[gagee shall have the power to appoint any agent or agents i[ Wray desire for the purpose of repaving said premises and renting
<br />the sxnx and mlkcting the rents, revenues snd income, and it may pay out of said income alt expensos of rzpairing said peeta;~s and necessary
<br />sxttrmissinns and expenses incurred in renting and managing the wore and of m{letting rentats therefrom: the balance remaining, if any, to be
<br />=pp!ied toward the di:..:ltarge of said .^.asrtgage indebtedmss: these rights of the moRgagee msv be exercised e[ any tirzk during the existence of sucn
<br />default, irzespeeLve of any temporary waiver of the same.
<br />These Pmsenrs, however, arc upon the Condition, l'hat d the said M1turtgagur shall repay card loan on or bafora the maturity of said shares by
<br />payment; pay monthly to said ASSOCIATION u( the sum speafied in the Bond secured hereby as interest and prmctpal on said loan, on or before
<br />the Twentieth day oC each and every month, anal said loan is fully paid: pay all taxes and a>Sesmrents levied against said prenuses and an this Murtgtge
<br />and the Bond secured thereby, before delinquency; furnish approved huu once upon the huddings thereon m the sum oC 3 36 ,DOD , DD payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money b> n paid for sudt taxes, assessments and insurance with interest at
<br />the maximum legal rate thereon Irom date of payment all of which Mortgagor hereby agrees to pay; permu nu waste on said prnnises; keep and comply
<br />with alt the agreements and conditions of the Band for S 36 , DDD . DDutis day given by the satd Mortgagor to card ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By-Wws of said ASSOCIATION; then these presents shall become null and vmd, otherwise they
<br />shall remain in fuB force and may be Coreclosed ut the option of the said ASSOCIATION alter failure fur three months to make any of card
<br />payments or be three months in arrears in making said monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a roYiver opromted forthwith in such foreclosure pnseadmgs.
<br />If there is any change in ownership of the real estate mortgaged hereut, by sale ur otherwise, than the entire remaining indebtedness hereby
<br />secured shall, at the option o(The fquitabk Buildirtg and Loan Association of Grand Island, Nebraska, barome immediately due and payabk without
<br />furthtr notire, and the amount remaining dot under said bond, and any other bond Cur any additional advamxs made thereunder, shag, from the
<br />data of exercise n( said option, bear imcresl at the maximum legal rate, and this nwrtgage may Then bt furtclosed [o satisfy the amount due un said
<br />bond, and any outer bond for adddwwi advanoes, together with all sums paid by satd 'fhe Equitable Building and Loan Association oC Grand Island,
<br />Nebraska for insurance, taxes and assesstttcnts, and abstracting extension charges, with interost thereon, from date of papttent at the rnaxinmm
<br />legal rate.
<br />As provided in the Bond secured bereby, while rho mortgage remains rn afCec[ the nwrtgngee may hereafter advanrro additional sums w the
<br />makara of said Bond, their assigns or seer •essors m interest, which sums shall be within the security of this nwngage the same es the funds originally
<br />secured thereby, the total amount of prinapal debt nut to exceed at any time the original anwunt of this mortgage.
<br />I
<br />Dntedthis 15th. dayef August .1..1`+80
<br />n M. Lawrence`
<br />STATE.OF NEBRASKA, ~ ~ On this 15th . day of August 19 80 ,before me,
<br />COUNTY OF HALL
<br />the undersigned, a Notary PubBc in and for said County, personally came
<br />Jan M. Lawrence, a single person woo is persorudly known to
<br />me to be the iden[ipk person whose Warne 1 S affixed to the above ipwstmtpnl as mortgagor and S ht? ~jjaj(gy
<br />arAtnowkd // - t
<br />god the said inslrut:tem to be her volwnary set and dead. ~
<br />1i7TNEaS my hand and Naiarial Seal the date aforesaid. / a-~"'~ ,-~ J
<br />tAy Cetnndssion axpiraa Y /-. . - ~ t - ~ ~~-°_-.~-- ;
<br />tors:nt at ~~~. / ~ / ~ ~ ~ ~ ~ - ~ .. - ~v` ~ Vutnry Public ___
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