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<br /> ?7- (.)02�44
<br /> iSsiORTGAGE
<br /> !��aRTcnc.�::�.awre��a._�22.6b6 _
<br /> ictvawntLME�aYrx�sFpxeser7as:Tti.�c Ed Ko3 ar, Jr. and Donna B. Kolar, each in his and her
<br /> ►� o� right and as spouse of each other
<br /> ,•'; Nlatgagor,whether orse nr more,in wnuGeratlon of the sum uf
<br /> 7hirty Tfiousand and 'No/10�-----------------__----------------------------------'- no[.ta[is
<br /> � 3vaned to said mortgagvr by The Equitable Building and Loan Associatiun of G�and 1sland,Nebraska,Mwtgagee,upon 300 shares ot:stock of
<br /> said ASSIJGIAT1pN; Cartificate No. L Z2.'�fifi6 ,�� �ereby grant,convey and mortgage unto the said ASSOCIATI9N the £ollowing
<br /> 7' ; slescnbe�i real estate,situated in Hall County,Nebraska:
<br /> � �
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<br /> 3 ,� L�T THREE (3) IN FONNER VIEW
<br /> � SUBDIVISION, IN T[iE CITY OF
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<br /> ,� ' GRAND ISLAN�, HALL COUNTY,
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<br /> :, NEBRASKA:
<br /> F . . . ' . � . � . . � . . � . . . . . .. � .. . � � � . . .
<br /> � �tagether wit}i all the�� lenements,�hereditaments and appurteoanccs.ihereunto�belo�aging,inctuding,at[acksed tloar'.coverings,�,all winJaw..scceans,.
<br /> i: window snadcs,biin3s,.ntorm windovrs,awni,-�gs�,heatir.g,air conhitioning,aad plumbing and watet equiprncnt and accessories thereto,pumps,stoves,� .
<br /> 1 S r�frigerators,�and other-fixtores.and equipmeat nuw or}2ereaCter atiachecC to or used in connection with said.aeal rsEatc., . � . �
<br /> "= �� :�And whereas��tix� saiJ mortgagyr.has-agzeed and doesherebwegree�that tlte morigagor shxll.and wiil pay�all�_�taxes�and sssessmenis icdied or� '
<br /> � .� ' assessed upon said prernises and upon this mvrtgage and thc bond secured thereb;� befnre[he sainz shail�ecome.�'.ctinquent;ta d'urni�h apgrvved
<br /> � nnsurance.�upon the��bui7dings on said pmmise.s situaTed in the sum of$��3���Q�:�O�.. �payabte�to said��ASSOC/ATIqN�and� io deliver to said ��.
<br /> � ASSOCIA"�'ION the pcylicies Cor said insurance;and not to commit �r permit any waste on or aboui said prerzsises
<br /> t �i � � In case of def'ault in the.performance of any of the terms and conditions of this�mortgage.tir the�bond secured�hereby,the mortgagee shall,
<br /> �"1� csn demand;be enti�led to immedia[e possession uf the murtgag�d premises and [he mortgagar heeeby assigns, tzansfers and sets over to the
<br /> ? znottgagee ali.tha renis,`revenues and`income�.to be derivedTrom she mortgaged.premises during.such�hme�as the morfgage mde6tczlness shall remain
<br /> `=; =.np?�d:and��thc.mortv__a.gee shall have thc.powar io appoint any�ag�nt or agents��t r.7ay desire.�for the.purpose ot�cepaumg said premises�and�renling �����
<br /> a`� ..tlie.same and�c�tlecting the rents,revenucs and.incorne;and it may payout ot sa�d.irzcome�aii�cxpcneas�.y?�repeinng saact�premiscs nni3.uc�salry' . —
<br /> � commissions�:and�expenses incurred inTentin$and�managing ehe same and�of cotleciing rentaFs therefromt zhe.balance�remaining,if.��any,to bt .
<br /> a; applied toward the diseharge af sric�mortgage indebtedness;these rights of the mortgagee may be exarcised et any time during the axistence of such
<br /> + default,irrespective oF any tem�viary waiver of tfie same:
<br /> i� �� These Presenis.,however.are upon the Condition,Tha4 if thc s;�id Moztgagor�shall repay�said doad on or befure the�maturity of said shares by .
<br /> � paymant'��paymonthly���tu�said�ASSOCIAT10N�uf�the�sumspecifieS�inthe BondsecuzedhereUy.asintetest.andprirtcipaton�said:ioan,onorbefure
<br /> ii 1he�Twen[iethday qf each and.cvery month;uattil s;tid loan.is fully paid;.pxy ali tiaxes and assessments levied against.sa{d�pcemises and on this Mortgage�
<br /> 9 �� � � .. . ...
<br /> N and the Bond�secured�=hereby,�be1'ore delinquency;furnish approvcd insurance upon tkae buildings theteun�in�the sum of S 30�;OQ�.QQ �...payable ��
<br /> �w � zo�said..ASSOC'IATIVti�:repay�.tosaid�ASS�lAT10N�upondemand�allmoneybyi[paid�forsuchtazes,assessments-and�insurancowit}linterestat _
<br /> ,•,� � the mxx,imum.legalrate�therean�fromdate:of paymentallotwhiclaMortgagoz�heeebyugreesmpay;pennitno.wastaonsaidpremises:keep�arid�comply �.
<br /> �n ' with alY the�agreements and c�nditionsof the Bond for S 3Q�QQ-�.QQ�this.day giv�n by the�said�1ortgagor W said�ASSOCIATION;�and ce>mply . � :., . ��
<br /> '= with a8 the requiremerats of the Constitutfon and By-Laws of'sai�ASSOCiATION:then these presents st7ai:i�ecome null and void,uthexwise they
<br /> r ��s3iall remain�in.full�foace.and may�be fnreelos•ed at the�upt.ion vf the�.said ASSOCIATIpN.�after failure fur��thrae� months so�.riake any of sgid.
<br /> payments oz be tliree rnonths in arreers in in:aking said monthly pdymenrs,or to kecp and c�mply with the agreements and condiiions tif said Dond;
<br /> ��and�Mocigagoi�agrees to have a�.receiver apposnted fprthwith in such foreclosure proceedingsr. . �. � � �
<br /> ' 7f there is any change in vwnership of t#ie rexl estate mon�cd herein,by sale or otherwise,then tise entire remaining indebtedness hereby
<br /> secured stxall,x[the c�plion of The Equitable Building and Loan Associat"ron otGrand island,Nabraska,becorne immediatelgdue andpaya6ie withuut.
<br /> :' #'urt}�er..�notice,.and�the�amuunt remaining ciue unden said bond.,and any other bo�d for any additional sdvances made�thereundec,shall,from,the�.
<br /> ` �3ate�of exercise of said.option,be•.r interest�st!he maximum lega�rate,and this rtrortgage�may then be for�closed�[a'�satisfy�tht.afnount�due on said �
<br /> ��b�nd,an.d any�.other bc�nd for additional adv2�aces,together with afl sums paid by said.i he C;quitabie Bulldix3g.and.Loan�tissociation of Grxnd lslaid�,...
<br /> .�:�Nebraska�for insuranee;taxes and assessmenxs,and absuacting extension charges,�wit� interest thereon, frora�date oP payment ef tFe ma�cimum�.
<br /> I�BaI rate.
<br /> �� � As-provided in tf�e Boi1d secured.hereby,wl�ile this mortgaoe remains in effect the mortgagee may}aereafcer�advance addii.ional sums to the��� �
<br /> snakers of said fiond;theic�ssigns or successars in interest,which sums shall 6e within the security of ihis rnortgage che same as tt3e funds oxiginaUy
<br /> � .�:se,ciued.thereby,the.xota amount of.princip2nl debt not�to exceed al a�ry�tirsie the original amouztt ot tiiis m�ortgage. � � � . �
<br /> � ` 1) e is S t day of Md}� A.D.,19]J
<br /> 3. ... . . . . .
<br /> `�"d� r,' .,,� jl
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<br /> � �onna �B: Ko]ar
<br /> S'CATE Q�I+IEBRASKA,�� Oa this 315 t day ui May �97 7 ,beCure inn, .
<br /> � C(3i71VTY OF FIA�.L
<br /> che undozsignnd,a Notacy Yublic in and 1'or said County,pe�sonally came ?^�� " ' '°u,
<br /> �d Kra.J�r,,Jr;_ �nd Donna B. �olar, each i� his and her own right ar�d as spouse of e�ch�ather -� " "
<br /> . . . . . . .. . � wlao 3/'2 P�json y owa co�� �' '� .,. �.,
<br /> � ��y zne 4o be�ha identicat� � � ./,,c�se�ame S 3Y'0 affixed ro the above:instrument as morxgagat5 and 't�lgy sevrcaily ��r��� ,
<br /> " acknow3edged t1u ;�1CD3.LQcFaC� @l Y' votuntarjr act and Seed. �,�
<br /> �1 Seai th�datt s�mmid. ,!r �
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