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<br />MORTGAGE
<br />MORTGAGE LOAN Na. L23, 765
<br />taownt.LMENBVTHESepRFSErrrs:Tnat Donald L. Lewien and Kathleen E. Lewien, each in his
<br />and her own right and as spouse of each other,
<br />Mortgagor, whether one or mote. io waadda4iou asF2Le t~of -
<br />Thi~ty _fi_ve Thousand and No/100----------------------------------------------''-- DO(LLLFS
<br />loaned to said mortgagor by The Equitable Building and Lo® Association of Crand Island, Nebndca, Mortgages, upon 35D shares of rtodc of
<br />aid ASSOCIATION, Crrtifipu No. L 23 765 , do hereby great, convey and mortgage wm the said ASSOCIATION the foBormg
<br />described real esuu, si[w[ed in Hall County', Nebraska:
<br />A TRACT OF LAND COMPRISING A PART OF THE NORTHWEST QUARTER (NW a} OF SECTION TWELVE (12),
<br />IN TOWNSHIP ELEVEN (11) NORTH, RANGE TEN {10) WEST OF THE SIXTH P.M., MORE PARTICULARLY
<br />DESCRIBED AS FOLLOWS: Beginning at the Southwest corner of said (NW;}; Thence
<br />running northerly along the west line of said NW; a distance of(245.0') feet;
<br />thence running Easterly and parallel to the South line of said NW; a distance of 300.0 feet;
<br />thence running Southerly and parallel to the West line of said NW; a distance of 245.0 feet
<br />to a point on the South line of said NW a; thence running Westerly along and upon the
<br />South line of said NW1; a distance of 300 feet to the point of beginning.
<br />together with all the tenements, hereditaments and appurtenances thereunto Fxlonging, including attached floor coverings,.all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning,and plumbing and water equipment and accessories thercto,pumpa, stoves,
<br />refrigerators, and other factures and equipment now nr hereafter attached to or used in ronnection with said real estate.
<br />And whereaz the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and [he band secured t c ebj( be(me the same shall became delirtquen[; [o furnish approved
<br />insurance upon the bt[admgs nn said premises situated in the sum of 3 35, D~d • V D payable to raid ASSOCIATION a~ to deliver [o said
<br />ASSIX7IATION the policies for said insurance; and no[ to commit or permit any waste on or about said premises:
<br />In case oC default in the perforrnartce ul any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on dernand, be entitled [o immediate possesuon ui the mortgaged premises and the nmrtgagor hereby assigns, transfers and xts over to the
<br />moripapxe all the rents, revenues and income to be derived (rum the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and [he mortgagee shall lure the power to appoint any agent or agcros at may desire for the purpose vi repairing said premises and rrntiag
<br />the same and wBecting the rents, revenues and inwme, and it may pay out of aid income all expenses of repairing said premises and neccaaty
<br />commissions and expenses incurred in renting and rtranaging the same and of collecting rentals therefrom; the baiattce remaining, iF any, W be
<br />applied toward the dixharge of said mortgage indebtedness; Ihex nghts of the murlgagce may be exercised at any time durirsg the existenes of meh
<br />default, irrespcetivx of any temparary w:istt of the same.
<br />These Presents, however, are upon the Condition, Thst ii'the said Mortgagor shall reply said loan un or bcturo the nsatmi[y of said shares by
<br />payment; pay monthly to said ASSIX7IATION of the sum specified in the Bond secured hereby as interest and principal on ss••J kwn, on or before
<br />the Twentieth day of each xnd every month, unlit said loan is fully paid; pay all taxes and asxssmrnts IevieJ sgains[ aid premices and on [his Mortgage
<br />and the Bond secured thereby, before delinquency; lumish approved insumnce upon the bmldings Ihereun in [he sum x(335 , DDD • DD payable
<br />to aid ASSOCIATION; repay to said ASSOCIATION upon demand all money by n peed fur such taxes, assessments and insurance with interest at
<br />the maximum legal rate thereon (rum date of payment a0 u(which Mortgagor hereby agrees to pay:permil nu wazle un said premixx; keep xnd romply
<br />with a8 the agreements anJ wnddiuns o(the Bond (or 5 3rj, DDD . DD this day given by the and Mortgagor to said 15SIX:IATION, and wmply
<br />with all the rcyunemenls of the Constitution and By~Laws of aiJ ASSIX'IATION; than these premnts sha8 become nub and void, otherwise !hey
<br />sha8 rennin in full torn amt may be IorccluseJ at the option ul the aid ASSOCIATION after (allure for throe months to make any of said
<br />payments or be three rrxmehs in arroars m ntakrng arJ nronthly payments, or to keep and comply with the agreements and condition of saW Bund;
<br />and Mortgagor agrees to havr a receiver appointed turthwrth in such foreclsssure pruceedirtgs.
<br />If there a any rdunge in owrtet:hip of the seal estate mortgagol herein, by sale or olherwvs, then the entire remaining indebtedness hereby
<br />secured sha8, at the option of The Equitable Building and Luan Axs+tciatrm of Grand Island, Nebraaka,bewtrre h-rarnediauty due and payable without
<br />ftvther nmice, sod the amount ternaining due under said bond, and any other bond fur xny additional advances made thereunder, shall, from the
<br />dale of cxercix uC said option, hear mtemst al the nuximmn legal rate, and this mortgage may then be (or•_dosed to atisfy the amount dtre on sakl
<br />bond,and any other bored fur additional advances, together with all sumx paid by said The Equitnblc Buadutg and Lunn Association of Grand Isbutd,
<br />Nebraska (or insurance, taxes and assessments, and abstracting exunsiun charges, with mlerost thereon, Iran date of payment at the nwxirtoun
<br />legal eau.
<br />As provided in the Band secured hereby, while this mortgage rornains in effect the rmsrtgages nay hereafter .trance additional sums to the
<br />rmtkers of said Btsnd, rhea assigns or sursxss[sra in inwrat, which auras shalt be within the security of this mortgage the satrte as the funds origirully
<br />secured thereby, the total amount uC prurcipd deb[ nut to cxsxrd at any time the original amount nl'this mortgage.
<br />ath;a Z7th. darn( August n.a,1v60
<br />~ ~,
<br />~' t~ }------
<br />QY'~i (ir.. ,~ 7.S aim •r1 <.i
<br />Kathleen E. Lewien
<br />51'ATE OF NEBRASKA, t ~ on this 27th. day of August Iv BO ,before toe,
<br />Cbt1NTY OF BALL
<br />Dona 1 d L . Lewj~n and„~,r~ E . Lewien , the undersigned, a Notary Public in and fm sail County, perantudly aurae
<br />each in his aAid he `t~yri~rk~giMir,;~d as spouse of each other, won are pcrs<rmtuyknowntn
<br />s~ ~"s ' s the
<br />me to be the identisvl Perron ,; vfigsaYtgme tl, affixed to the about instruroeul as ttror[gagor and .y severally
<br />f' `tt
<br />adenowledged the said ;nstmmcp54D be ~ ' . the11' ~ vtilttrt~ry act and deed.
<br />WI PNFSS myJtlundynd,Ntttitfal5ail ttje data aiuresxht.
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<br />My Cam ~_ " - bkpQas ~ ~ ~ 7J ~ % "` _ ~1 ,f ~`
<br />Notary Public
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