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<br /> ��-�06766
<br /> MORTGAGE
<br /> � AtORTCAGE LOAN�0.� Z2,9�1 `
<br /> KNOWALLhtENDYTt1ESBPRESENTS:That Nickie John Kallos and Rosie Kallos, his wife
<br /> Mortgagor,whether one or more,in wnsideration of the sum of
<br /> Eight Thousand Five Hundred and No/100---- �o�Lnxs ,
<br /> loaned to saiJ mortgagor by The Eqaitable Building and Luan Association oF Grand Island,Nebraska,Mortgagee,upon 85 shares of stock of
<br /> said ASSOCIATION,Certificate No.L 22�901 ,do hercby grant,convey and mortgege unto the said ASSOCfAT[ON the(ollowing .
<br /> describeJ real atate,siwatcd in Ilall Counry,Nebraska:
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<br /> THE EASTERLY ONE-THIRD (1/3) OF LOT FIVE (5) AND THE
<br /> WESTERLY ONE-THIRD (1/3) OF LOT SIX (6) IN BLOCK
<br /> TWENTY-EIGHT (28) IN THE ORIGINAL TOWN, NOW CITY OF
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> together wid�all �he tenements,hereditaments and appurtenances thereunto belonging,including attached(loor coverings,ali window screens,
<br /> window shades,blinds,sto�m windows,awnings,heating,air wnditioning,and plumbing and water eyuipmont and accesmries thercto,pumps,stoves,
<br /> mfrigerators,and other fixtums and equipment now or hereafter attached lo or used in connectiun with said real estate.
<br /> And whereas the said mortgagor has agreed and does hereby agrce that the murtgagor shall and will pay all taxes and auessmrnts Inied or
<br /> assesud upon said premises and upon this morlgage and the bond secured thereby before the same shall become Jelinquent;to fumish approtied
<br /> insucance upon the buildings on said premius situated in the sum of S $ 500.00 {+ayable to said ASSOCIATION and to deliver to said
<br /> ASSOCIATION the policies(or said insurance;and not to rnmmit or permit any waste on or about said premius,
<br /> In case of default in the performance o(any of the terms and cunditions af this mortgage or the bond sewmJ hereby,the mortgagee shall,
<br /> on damand,be cnlitled tu immediatc posussion o(the mortgaged premises and the mortgagor hereby as:igns, transfers and uts over m the � . . .
<br /> � , mongagee all the rents,rcvenues and income to be derived(rom the mortgaged premises during such time as the mortgage indebtedneu shail«main
<br /> , unpaid;and the morigagee shall hace the power to appoint any agent ur agcnts it may desirc for thc purpose of repairing said prcmixs and renting -
<br /> the same and rnllecting the rems,revenues and income,and it may pay out of said income all expensos of repairing said premises xnd necessary
<br /> commissions and expenses incurred in renting and managing the same and of collecting rentals thereGom; the balance remaining,i(any,to be
<br /> applied loward the discharge of said murtgage indebtedness;these rights o(the mortgagea may be exerciud at any time during the existence of such
<br /> default,irrespective o(any temporaq�waiver of Ihe same.
<br /> Theu Presents,how'ever,arc upon the Condition,That if the said 1lortgagor shall repay said loan on or be(urc the mawrity o(said shares by
<br /> payment:pay monlhly tu said ASSOCtA710N of the sum specified in the Bond ucured hereby as interest and p�incipal on said loan,on or beforc
<br /> the Twenlicth day o!each and tvcry month,until said loan ia Cully paid;pay all taxes and asscssmenls levied against said premises and on this hlortgage
<br /> aud the Bond securcd lhereby,before delinyuency:furnish appmved insurance upon the buildings[heceon in the sum o(S 8�5��.�0 payable
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon dcmand all money by it paid(or such taxes,assessments and insurance with intercst at
<br /> � the maximum legal rate thereon(rom date o!payment all of which Dlortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> , wilh all�he agrecmen�s and conditions of Ihe Bund fur 5 H,5��.�� this day given by the said Murtgagor ro said ASSOCIATION,and comply
<br /> with all the requircmenu of the Constitution and DyLaws uf said ASSOCIATION;then theu presents shall become null and wid,otherwiu they
<br /> shall remain in full(orce and may be forcclosed at the option uf the saiJ ASSOCIATION a(ter failure for thrce months to makc any o(said
<br /> payments or be thrcc months in arrears in making said monthly payments,ur tu keep and cumply with thc agreements and conditions of said Elond;
<br /> ' anJ Mottgagor agreu to have a receiver appninled(orthwith in such foreclusure procecdings �
<br /> If there is any change in uwncrship of the real esmtc mortgaged herein,by salc or othcrwiu,then the entirc remaining indebtedness hersby �
<br /> � sewred:hall,at the option o(The C•qaitable Duilding and Loan Aswciatiun of Crand Island,Nebrasl:a,become immediatelv due and payable without
<br /> furthcr notice,�nd thc amount remaining duc unJer said bond,and any other bond(or any additional advances made thereunder,shall,(rom the
<br /> date of exercise of said oPtion,bcar inrorest at the maximum Icgal ratc,and tt�is mortgage may then be forccloud to satis(y the amount due on said �
<br /> bond,and any other bond for additional advances,togelher with all sums paid by said The Equita6le Building and Loan Association oC Crand Island,
<br /> Nebraska(o:insurance,taxes and�ssessments,and abstracting ex�ension charges,with interest thereon,Crom date uf payment at the maximum
<br /> legal ratc.
<br /> As provided in ihc Bond mcurcd hcrcby,whilc this mortgage remains in etfect the morigagee may herea(rer advance additional sums to the
<br /> makers of said dond, eir assigns or successors in intercst,which sums shall be within the ucuriry o(this mortgage the same as the funds originally
<br /> secuud thereby,the 1 tal amounl o(principal debi not�o exceed at any time the original amount of this mortgage.
<br /> oa�e •: st aay r November n.o.,i9 77
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<br /> 1 - 0 p 0
<br /> Rosie Kallos �
<br /> STATE OF NEBRASKA, � On this 215 t �aY o� November �9�� ,before me, .y���',
<br /> COUNi'Y OF HALL} ` N v, :, �
<br /> the undersi gned,a Nota ry PubBc in and for said Count y,p ersonall y came t. � , . �
<br /> I Nic kie Jo hn Ka l los an d Rosie Ka l los, his wi fe
<br /> ,.--1 who are personally known m E;;
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<br /> me to be the idcntipl personS whose name5 are afFixed to the above instrument as 7fiortgagor S and they uverally
<br /> acknowledged the said instrumr.nl to be thei r voluntary act and deed. ;� � � _-�
<br /> WITNFSS my hand and Notarial Seal the date aCorevi�. / �
<br /> My Commi ' _
<br /> , � EEIIEF t�. .r�:t, � •�pr.•w` , G."' �
<br /> ��Y t1.Nr� lCY ��� ota ublic
<br /> . � bI.YN RI rc- �' w t , -� �n �Ft t,I9IIl �:
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