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<br />MORTvAGE
<br />MoRrcACE LoaN No. L 23, 759
<br />KNOW ALL MEN BY THESE PRESENTS: That Charles F. Lange and Colleen E. Lange, each in his and
<br />her own right, and as spouse of each other
<br />Mortgagor, whether one or more, in wmideratioo d the ~ of
<br />Thirty-two Thousand Eight Hundred and No/100---------------------------------------IX3LLARS
<br />boned to said mon®gor by The Equitable Buildirg amC Lom Association of Grand Island, Nebraska, Mortgagee, upon 32$ sham of stodt of
<br />sold ASSOCIATION, Certificate No. L 23>759 , do hereby grant, mousy and mortgage unto the said ASSOCIATION the fa0orviog
<br />described real estate, situated m Ha8 County, Nebraska:
<br />THE NORTHERLY FIFTY SIX (56) FEET OF THE SOUTHERLY ONE HUNDRED TWELVE (112)
<br />FEET OF THE EAST HALF (E'z) OF BLOCK TEN (10) IN PLEASANT HOME SUBDIVISION,
<br />OF PART OF THE EAST HALF OF THE SOUTHEAST QUARTER (E'~SE;) OF SECTION TWENTY
<br />ONE (21 ), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M.,
<br />HALL COUNTY, NEBRASKA.
<br />together with all the tenements, hereditaments and appurtenances [hereunto helonging, including attached floor mverittgs, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumpsstoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and dots hereby agree [hat the mortgagor shah and will pay all [axes and asaemnents levied or
<br />assessed upon said premises and upon this mortgage and the bond secured therebv before the same shall become delinquent', to furnish approved
<br />insurance upon the buildings on said prtndses situated in the sum of 5 32,BOD. ~~ payable to said ASSOC(ATtON and to deliver to said
<br />ASSOCIATION the policies far said insuantz; and not to'mmmit ar permit any waste on or about said premises;
<br />In c¢se of defauh in the performance oC anv of [ht arms and conditions of this nwrlgegt or the twt.d secured hereby, [he mortgega shall,
<br />on demand, he entitled to immediate possession aC the mortgaged premixs and the nwrtgagor hereby ass4ns, transfers and sets over to ills
<br />morlgagte all the rents, revenues and income to be derived Crum the mortgaged prtmius during such time as th,: mortgegt indebtedness shall rcrmm
<br />unpaid; and the mortgagee shall have the power [a appoint any agem or agents it may desire &x the purpose of repairirtg said premiers and renting
<br />the same and collecting the rcn*s, revenues and income, and it may pay out of said incamt alt zxpenses of repairirtg said premises and necessary
<br />vmmisaioas and expenses incurred in renting and managing tot ascot and of cailccting rentals the[efrum: the balance renaming, iF anv, to be
<br />appikd toward the discharge of said mortgage indebtedness: these rights nl the mortgagee may be exercised at anv time during the existence oC mch
<br />default, irrespectivx of any tamparary waivsr of the sarrrt.
<br />These Przscnts, hawzrer, are upon the Condition, Thai if ifle said Mortgagor shah ttpay uid loan an or before [ht mattrrity of raid shares by
<br />paynwnt; pay monthly to said ASSOCIATION of Iht sum specified in the Bond secured hereby as mttrest and prmupal an raid loan, an or before
<br />the Twentieth day of each and esKry month, until said iwn is fully paid; pay all taxes and assessments IeviW against said premius and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurancre upon the buildings [hereon m the awn of S 32 , BDD , ~~ payable
<br />to said ASSOCIATION; repay to Slid ASSOCIATION upon demand all manev by ii yard for such taxes, asmasments and insurance with interest at
<br />the maximum legal rate thereon Iron date al payment all of which Mortgagor hereby agrees to pay; permit no waste an said premises; keep and comply
<br />with all the agreements and conditions of the Bond far S 32 ,SDD. DDthis day given by the Said Mortgagor [u said ASSOCIATION, and comply
<br />with all the requirements of the C'anstitutlan and By~Laws u( said ASSOCIATION; then these presents shall became null and void, otherwise they
<br />shall remain in full farce and may be foreclosed ai the option of the slid ASSOCIATION after foams for three months to make any at said
<br />payments or bt three months in arrears in nuking svW monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />end Mortgagor agrees to have a receiver appoimut Forthwith in sudt foroclusme proceedings.
<br />If there is any change in ownership of the real estarc mortgaged herein, by sale ar otherwise, then the entire retstahting indebtedness hereby
<br />secured shall, of thn option of The liqulublt Building and Lnatt Association of Crand Isiand,Nebraska, btmme innrudiately due and payable without
<br />Cmlher notice, and the anwunt mnaining due carder said bond, and a,sy other bond far any additional advances made thereunder, shall, from the
<br />date of exercise of said option, tzar imerest at the maximum legs) rate, and this mortgage nuy then be forcclased to satisfy the amount due on said
<br />band, and atry other bond for additional advances, together with all sums paid by said The Gquitable Btdlding and Loan Association of Crand Island,
<br />Nebraska (or inwrance, texts and assessmtnta,and abstracting extension chergas, with interest thereon, from date of payment at the nuximum
<br />legal rate.
<br />As provided in the Band secured :~reby, while this mortgage rcrruins in effect :he nwrtgagae tray hereafter advance additional sums to the
<br />makers of sari Band, !hair arsigns or succesears in interest, which sums shall be within the security of [Iris mortgage the same as the funds originally
<br />ancured thereby, the total amount of principal debt not w exceed a! any time the original anmunl of this mortgage.
<br />tea cola 2 h, say of August A•t1, 1y 60
<br />U ~ a
<br />r ~s a --
<br />Colleen E. Lange
<br />sTAREOpNEBRasKA, _ 20th. Au ust 80
<br />COUNTY OP i1ALL as ~ thrs day of 9 l y , before mt.
<br />the undersigrad, a Notary Public in and for said County , F>rrmnally wow
<br />Charles F. Lange and Colleen E. Lange, each in his and her own rigF~~a and as s~rJ~n~~ryk°nown~oh
<br />other --~ are
<br />me to Ile Iha identical parson 5 whose names are affixed to the about inslryute'nt as rportgagor S xnd they atvera"
<br />acknowledged the slid instrument [o be their voluntary act and deed. ~ ~ ~/ - -
<br />WITNESS my hand and Notarial Seal the date aforesaid. ~ ,; ~ -
<br />My Conimissian expires ~ _ r
<br />y;,7J F~~
<br />S`xERkt ao[n&Y-Slats^-"gahrua~! _ ~~'1~.L_. ~;___ *~-_r._.~`.,~r._.
<br />totasss nt 1 JOY PA~B_M1t.LEY .Y~ i..~ / i'7otary. (u: ~ ___
<br />1f My t:cinni. Cxp. Y:c~t. V, IBgi
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