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<br />MORTGAGE IRAN NO. L 23~,87A
<br />YlVO1N Ail YEN BY TIipSE PRESFNIIYa; That Franixs Brarger and Utah C. Btiigers each 7St his aTYi hcs
<br />sera rie3ht and as SpOUSe of each other,
<br />Meetgytr, trhethv one or saoae, is ooaaNesatlas dffis ran d
<br />_i~pt~{ Thtv,- anrt anrY NnJIOp
<br />round to add matN~or by The Fgvitable Bnddig std L.oats Asaodatoa of Grand latand, Nubssrta, Matdalaa. ~ ~ 200 dsasesdtaort d
<br />raid A3Y. OC,IATION, Certifltaae No. L 23,874 . do hereby gnat. coney ud tterertpge mm the add AHSOCIATtOt7 t8e faio~ig
<br />e'>aesaibed reed estate, titwted at FLg Cotmry, Neittaka~
<br />Fractional Int Five (5} in Fractional Bitxk One f~ukdred Forty-four (144) ir, Union Pacific
<br />Railway Cotnparty's Se~xtd Addition, and its Ccatpl~t to-wit: Fractional 7At Sisc (6) in
<br />Fractional Block 'lteenty-nine (29} in Russel :v7teelez's Addition, bath being Additions to
<br />the City of Grand is Land, ?Nebraska
<br />togettm w€th adi [he tenemrrtts, hereduaments and appurtenances thereunto beluasuag, urehahng attacbcd floor cervtrtng,, aU window scttttts,
<br />wm&rw sttadt3, htinda. storm windows, swnrtgs, heating, an wndnionmg, and p3umbing nerd wattt tyuipmenl wd acastorin [ltercto. pump,stovas,
<br />refrigerators. and other fixtures and tgwpment now or hereafter a[WCfsed to or used m cunnetUOn with sasd real estate.
<br />Amd whertas the acrd mortgagor has :geed aril dot: hereby agree tlut the ntortgagw shat! and will pay all taxes aril aswanents levied or
<br />asseaed upon said premars and upon this mortgage and the bond secured thrrsby before the sarrse shall become delinquent; to fttrttislt approved
<br />insurance upon the buddkrgs un sad prcmxs v[vated a the sum of S Z0, 000.00 payabk to said ASSOCIAT/t1N and to deliver to lead
<br />A$SOCIATi(RV the policies for nail ir»ufantx; and ever to comnut or pernut any waste an or about sad prrtrtacs:
<br />in ease of de6dt un the pttformaeew u{ any ut the terms and wttditkxes of t}us ttwrtgage or the bond rectued hereby, tht mortgagee shall.
<br />on demusd, bt tnttikd W urtmediatt ptrsx~easn rat the t~ttg~d premises arw' the rrortgagvr htrrby asagru. transfer aril sets over to tfy
<br />mangagte al! the €tnts, rcwnver and inwme tea be Rlarrvrd tiom tht eswrtgaasd premars during. such timt ar [he reutrtptge indehtedt€rrs shall retMS^
<br />unpaid: nand riu. msn tgague shall Itavr Cl:c power to appuuer Grey agtsn or agrntn it may dtsrrr tau t#rt purpux ut rapasistg sad premixes need rrnttttg
<br />tka€ aarrae aetA wlkctmg tMe rcrHS, revtntses aril me+sstar, aed tt :nay Pxy tort o1' sad tncortte ail rxpasves +:d repnirirrg said premises and ntceaury
<br />txtttuniaa~pcrses ated raprnses aitturred in rr.nsiag sad sstarsagng tin name a~ul wit a>kitestng. rrntats tht:efrom. rtes balsam rcrtninatsg, if any, to 6e
<br />~' ttswsad the d€s~€~ rf €xis7 mot'tgagr ntdabttdsxta; that r~t:x:,F thx trwrtgagat may 'or rxarcixad of any trrtx durheg tht rxisunce of soh
<br />suit. arwaaptetrvt of am trtrapt'rsary waiver of rtes asnta,
<br />'6'hava p=r~nt,s, u:wewt:, sae pvn Rho f-ostdrttlvn, T#eai sf t7rt. sera fiAarrgague sha#1 rapre.'y wad h'rsn un r.~r txfurr the myturtty of rxid xhstas 6y
<br />Paynsent pay ttrurRRhfy to said Ad~'sCft..iATt(3hi of tBu rim spnreil'itd to tdrwr 'Hinad rcrurcd trrariry as mtereat end paon4tpa# <rn end tsea!t. na o€ htfatr
<br />€ise'wrntteln ds;-,.af tsch ath<d :vt;~y :€mrntR. ont}I slid mars as #-.afiy ps,d, pay mil taxes a.mi ar+sexwrxnts stviad agamsl seed ptrmsaea and on this Mortgage
<br />aid the IA3nd snared fhrrctry, txfvte drieaqurrrc, .furnish reproved mwrance upon [he buildings thtt^.vn m t?u wm of i 20, 000. QO payabk:
<br />to raid ASSUCIATIt1N: repay to sod ASStICtATtON upon demand all mtenty by n pxtd for sttch razes, aaseunsenu and insururrx with inttteest at
<br />tht strxesavm ~ eau thereon from date of paymea4 ail n{ whech Mongagm hneby agree: to Tray, pertrnt nv waste ott said premise; keep xrd wmply
<br />wok ad the agreements and condttwna ui tree Hand fix 3 2n _ O~p _ pp the day peen by [he read Mortgagor to rod ASSOCCATIOM, and wmpiy
<br />with all tree regwrctaeats of tee Conatituttov and Byd.aws o sa IATIOIv: then Chet prcsnu shall brwme ntell and raid, otherwix [hry
<br />tdnll rttstaan d tali Cotcc aril tasty 6e foredaaed at the uptsou of the sad ASSOCIATIOFi after failure for thrrx months to tmke any of ssd
<br />ptymats vt be thtse isontha in arreus m rtra46sg tad mcmtlily payrueats, ur to kexp :rail wmply write the agameats and aondnions of said Hord;
<br />sad Mortgagor sgreax to haws s xaivrr appviated fosthwuh N stech foredosute prucerdtngs.
<br />!f than a say chaggG in avtrerabip o[ rise retl[ estate mrxtgagad herein, try sale ur othrwoe, item the entrct rrmaattierg tndebtedreea hereby
<br />aaatasd sha;1, at the aptatrn of 7tse Egtdtabk Bw"tdurg std Lean Ataucsatsrxi of C,rpd Isiand.Ne6raaka. bero,mt rrremtdiately due and payabit w}thvut
<br />imlhtr Mina, and tlse aanesxt *a€tsainiae dirt ettder said band, std arty oshet bvtsd for any addit&xral advanrxs made thereunder, shall, form the
<br />tht~el' axassaw v[ said option.. boar interest at the txyatmum fapl rate, and than rtxxtpgc tmy then be farecivsed to sntsaty the aneount due on said
<br />'b~~a~na!d~,~~aaed mrv atttarr bbad i~.:x a~zWirfvaa! advenats, tegestrtr wktlt aCl ~ paid by a~aid Tht Equitabit 6midae[g nerd i.aan Aseocuftvn of r~r~{ tsyad.
<br />i>vaSPpiYCa Far tteauxaaox, taxaa aratt aaeaarnusta, and aburaeting axteresevn chosen. wnh mtreess thereon, from date of payment at rtes maximum
<br />tLggf.Rit'.tt.
<br />"t Aa prvx~irbtd m stet Harrod secured hsrtby, whNe thn rm€rtgxgr ronrau:a m clMter the rrtortgagtc rmy ~Iwttefter advance tdditmnal :suns to the
<br />r ttf sejai I&md, 2lteip' maugmr us sttra~nn is iazerost. whuh sums sty,{! be wcriun the sacurny of this er€urtp[pe the sartte xs the funds vngrttally
<br />aaa#~bid 'ttxeaaisy, the stxai antuaatl of prwctpd debt ever to rx+s+ed at any turn [kt uregtnal amount of rtes nrurtgage-
<br />""~Dtewd f~ St}f nay of f)ecem6e-r A. b., 19 80
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<br />~3. . t~ ~ r~ ~ -.
<br />Utata C, ~-~
<br />S'tgrTE o~ N€~~RA~KA, ~ ~ on tfm ;tr: daY of
<br />Ct70.7bFIl' ~ tins. LJeC6(ibeZ 14 80 , before eras,
<br />~L r~. the tavkrti~ed, a horsey I'ubiie m sad for sad toasty, prrsoadly coma
<br />-•~~ rata.=fir ~i~ va.8it C. c'iUZt3er, ciacd~t in nis and her cram ri*1~tt as sfxxt~n
<br />+att~et, °i~Fb are w
<br />ar w 6a the edeatrsal paanq~.- `;`..y~trhgjFirlMFns ctt~ affhed to k'.a above eerRrtunaat as manggv,tg and ..hey sevrraity
<br />"'dte~'~d ~ add >51" thali r wAtuxvY ect std deed
<br />RM1i~~ and Narlrial8srd the date afarr>sa3
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