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<br />MORTl:iAGE
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<br />88- 102938
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<br />MORTGAGE LOAN NO.L 25.06 I
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<br />KNOW ALL MEN BVTIIF.5EPRF.5ENTS: ThaI Eugene L. Pletcher and Ilene J. Pletcher, each in his and
<br />her own right, and as spouse of each other,
<br />
<br />Monwor, whether one or mon:, in consideration of the IUID of
<br />Thirty Seven Thousand Five Hundred and nollOO ------------------------------------~LLARS
<br />
<br />Ioancd 10 said mortpgor by The Equn.ble Buildin8 ~nd Luan AslGcialion of Grand ldand, Nebmb, Morlp&ee, upon 375 IIwea of stock of
<br />said ASSOCIATION. Ccrtiflalle No. L 25,06 I ,do hereby granl, cnn't'l:)' and mongqe unto the said ASSOCI...TlON the followlnl
<br />described real mate, situated in lIan County, Nebrultll:
<br />
<br />
<br />Lot Seventeen (17). Meadow Lane Subdivision, Hall County, Nebraska,
<br />
<br />I..tmr .....Ih all the tenrmrnh, hnnhtamrnl' and appUrlrruulcr. lhereunro belongmg, mcludms ~tl.ched flllo! coV'l!rinll5. all window S(:nleDS,
<br />window sIwIes. blindl, Ilorm window,. lIwmng5. helllm". llIf rondilioning,wd plumbin" ~nd WlIler equipment IIIld IClXto1OriC'J thcrc:to,pumpl,lIlowa.
<br />rdriFratun,and (Jther fUUult"lInd equipmenl now or h<<cJlfler atUdled III III used m oonneclion with said ral eltate.
<br />
<br />And wbere&' the said Ifll.rtgas,or 11J15 ~e~ IInd doe.hefeby agree tllJIl Ihe mortgagor shall .nd will pay all lUel and l~lIleYied or
<br />uae~ upo>> Slid pretndn md upon Ihi, morlp~ anJ the bond 1Ccur('d thereb)' before rhe same shall !Jecome delinquent; 10 fumishlpprow:d
<br />insurllllR' upoo the build~ nn said pR'111""'" ulualrd In the .um or s 37. 500 . 00 p.ly~ble 10 said ASSOCI'" TlON and to deliwr to SlIicI
<br />ASSOCI...TION tIK polkin for liIid mlurma;; Jlnd nn. 10 cnmmil or permit lID)' WliJtc on or about said prcmi~;
<br />
<br />In cue of default in lilt> p:rfonnance of any of the temu and wndillOn! of Ihili mortllJlF or lhe bond lCaaGd hereby, the monppe 1hID,
<br />OIl demand, be enlitlrd to immediate poDt'ISi<>n of the morlf;lf;fi1 prcmtJn and lhe mortllJ&t'r hereb)' usipts, Iransfers and lets QWf 10 the
<br />morIPFC all lhe rents, rcvmun .nc.! income 10 be! rlert"'l'll from the mor1r.a~ pn:miJcs dUlqliudt lime u tJlC mort~ indeblednea lIbaU ___
<br />unpaid: and lhe mortwcc lhall line lhe {k.wer to appoinl any ar:mt or agents it may deslfe for the pt.lfJlOIe of repalrin& said premiles ud rentinl
<br />the same and cullrcti~ 1m rentl, InomUCS and iruxu1lC, aOO it may IQY out of said income all ezp:nllCl of reptlirinll saidpremilet and neceRUy
<br />conuni!Iiom and t'XpelUCI inn'rred in renlinK and ~ lhe YffiC' and of colkcting renllh therefrom; lha balma: remainln&, if any, to be
<br />appIted loward lhe diwllIlge of said n...rlpte irnlthtednru: the2 rigitn of the R10flp~ fI1lIY be eurcilt'd at any lime durinB the ellillence ohuc::h
<br />dCfault, irrcspectiw' of Iny lemponlry wai~r of tin: tame,
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<br />'J11or Ptecols. I1uwner, arc upon lhe Condtlwn. ThaI if th.. s,lId Morlg;tgor wI! n:pay uid 1000n on or before the maturity of said shun by
<br />plyrncr.t; ply monthly to gid "-'iSOCIAnON of the <urn specilied In dIe llond secured hefeb)' as lnlere1lt Ind principal unsaid loan, on or before
<br />the 1WaItieth day of adt and <wry month, unll1 wd 10011 " full)' paid; pay III tue. and auessmcnts leYKd againsl said premiJcl and on this MOr1pec
<br />
<br />and the Bood _cd thcr..by. before del1flqlKn~" fumuh apptovcd lJ1>ur:ma: upon the buildinp thereon in the sum of S 37,500.00 payable
<br />10 said ASSOCI...'nON; repa)' ID wd A..'\SOCIA no~ Up<tD dermnd all money by it paid for 5udt UJ.n. uscuments Ind inllWlJla: with intetelt at
<br />the ma..m.un Iepl ralc lherron from dale of p3)'mem all of whf(h Morlg;,;"..r "aeby ~ce. to pay; p:rmil no wa~e on said premia: keep and cnmpiy
<br />
<br />wilh all the acreemenl. and renditions of the Bond for S 37 . 500.00 thIS ~ gi\'1:n b)' the said Morlp(!.Ur 10 said ASSOCIATION, and comply
<br />with alllhe requirement5 of the Cnnuitution wd B~'..u..s of uid ASSOCIA nON: then the5l' presenls shall become null md wid, olherwile lhcy
<br />WII rtrnain in full fou,,", and may be foreclolo:d al the optIon of the said ASSOCIA nON after failure for three months 10 make any of aid
<br />pI)'mt:flts or be Ihree montla lJ1 an CliO m mning ..Xi monlhly payments. Of 10 keep and comply wilh the agreements and conditions of IIIid Bond;
<br />and Morlpgol agrees 10 have a reeel,,",r appointed f,>rthwlth ill rur:h foreclosure proceedings.
<br />
<br />If lhere is any chan~ in __'mnhip of the real estate mortpeed h<:rein, by sale or olhcnrme, then tbe entifc remairlin& intbbtedMa heseby
<br />lCCUIed &ball. at the option of The F.quiuble Building and Lom AssociIlioit of Grand Island, Nebraska, bec:ome immediately due and JIIyab1e without
<br />furthet notice, &nd thr: amount n:nWnin!; due under !>aid bond, and .iny other bond for my additional adwncn DIlIdc thereunder, sbaII, from the
<br />date of eJ.ercix of said option, bca.r intere:si at the mnimum!:gal rate, and this morlpge rtIlIy then be forcdoted to Atmy the amount due on IIid
<br />bond, and my other bond for additional adv.mces, ~tblr with all surm paid by said The F..qlliuble BuiIdinB and Loan AsIocilItion of Grand hl.nd,
<br />Ncbralb for imurmcc. lues and zs:scmnmls, and abstnding extension charges. with interest therCOD, from date of payment It the maximum
<br />lepI rate.
<br />
<br />As provided in the Bond sr.cured herelYy, while this mllf~ remain. In effect the mortgagee may hereafter ad\"illICC additional sums to tbe
<br />rnaktts of -said Bond. lheir .mgru 01 <uoccsson in !111en:st. whICh sums stull be within the security of Ihis mortgage the gme :15 the funds or~
<br />aecmed theRby, the total amount {If principal debt nol to ex.:ced al my lime the ori&inaJ amount of this mortpee,
<br />
<br />6th day of June A, D" 19 88
<br />
<br />
<br />Ilene J. tcher
<br />STATEOf' tf-alRASKA.'
<br />COUNTY OF IIAll. { D,
<br />
<br />On this
<br />
<br />6th
<br />
<br /><bay of
<br />
<br />June
<br />
<br />1988
<br />
<br />. before me,
<br />
<br />Eugene 1.. Pletcher and Ilene J. Pletcher,
<br />right, and as spouse of each othe~
<br />mtl to tIO lhe idrntial ~nons whose mtme El are
<br />
<br />Id~ltcd l~ said mmumenllo be the i r ""IUfll~ry ;act and de<:'d
<br />Wnl'u.ss my MOOwd Nolar~l Seal the <bal.. .rmoUld
<br />
<br />My C"mltlw><>nt'llp"O' 9- 1- F
<br />
<br />lhe undersipled. II Notary l'ublic in and for Aid Cou:lty. pcrIllnally carne
<br />each in his and her own who are penorW11' known to
<br />
<br />IClranl .1
<br />
<br />
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<br />
<br />
<br />mortgagor S
<br />
<br />
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<br />~blic
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<br />100
<br />
<br />they ~y
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