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<br /> ; MORTGAGE
<br /> $ MORTGAGE LOAN NO.L Z2�$37
<br /> 1; KNOW ALL MEN BY THESE PRESENTS:That /a�f1'2d H. Kaczor and Adel i ne M_ Kaczor, each 1 tl hl S hcld
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<br /> � her own :right and as spouse of each other ;
<br /> j Mortgagor,whether one oc more,in consideration of the sum of '
<br /> ` Sixteen Thousand Four Hun�'red and No/1Q0--_.�-------------e_____�.._____.�_____�_____
<br /> ' DOLLARS '
<br /> ' a loaned to said mortgagor by The Equitable Building and Loan Associ�tion of Grand Island,Nebraska,Mortgagee,upon 1.64 shares of Stock of<
<br /> $ said qSSOCIATION, Certificate No. L 22,$3� ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> ', �, described real estate,situated in Ha11 County,Nebraska:
<br /> `. .1
<br /> ` " ' LOT EI�HTY SIX {86) EN BUENAVISTA SUBDIVISION
<br /> AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA
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<br /> together with all xhe tenements,hereditaments and appurtenances thereunto betonging,including attaclied floor coverings;all window s:reens,
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and�accessories thereto,pumps,stoves.,.��
<br /> reCdgerators,and other fixtures and equipment now or heregfter attached to oc used in connec[ion wiih said real estate. . � � � .
<br /> And wheceas the said mortgagor has agzeed and does hereby agree that the mortgegor shall and will pay aA taxes and assessments levied o�
<br /> - � assessed�upon said premises and upon this mortgage and the bond�secured�therebv before the same shall become delinquent;to fumish approved��
<br /> insurance upon the buildings on said premises situated in the sum of$16�400.b0 payable to said ASSOCIATI073 xnd to daliver(o said
<br /> � ��ASSOCIATION�the�policies For said insurance;and not to commit or permit any waste on or abuut said p�emises; � � � � � � �
<br /> In case of defaulx in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall,
<br /> on demand,be enti8ed to immediate possession of ihe mortgaged premises and the mortgagm hereby assigns, transfers and seLs over to the
<br /> mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness si�all rzmain
<br /> unpaid;and tlie mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repa'uing said premises azid centing
<br /> the same and collecting the rents,revenues and income,and it may pay oui of said income all expenses oF repairing said premises and necessary-
<br /> � commission;and expenses incurred in renting and managing the same and of wilectin� rentals therefrom; the balance remaining,if any,'to ba
<br /> ' applied tuward the discha�ge of said mortgage indebtedneu;these rights of the murtgagee may be exercised at any time during the existence of such
<br /> � �- de(ault,.irrespective of any�temporaty waiver of the same. � � � � � � � � �. �. � � �
<br /> � .These Presents,huwever,�are�upon the Condition,That if[he said Mqrtgagor shall repay said loan�on or befure�.the maturity of said�shares by
<br /> �.�'payment;pay monthly�to said ASSOCIATIQN of.the�sum�specified in the Bond.secured hereby as interest and.principal on�said loan,on or before� �
<br /> the Twentieth day of each and every month,until said]oan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage
<br /> and the Bond sewred thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$ 1(�t}��.OO payable
<br /> to said ASSOCIATION;tepay to said ASSOCIATION upon demand all money by it paid tor such taxes,assessments and insurance with intcrest at>
<br /> . �� the.maximum.legalrate�thereonfromdateofpaymentallofwhichMortgagorherebyagreestop�y;permitnowasteonsaidpremises;keepandcompSy��
<br /> with all the agreements and conditions of the Bond for S 16,4��.00�his day given by the suid Mortgagor ta said ASSOC[ATION,'xnd comply
<br /> with all the requirements of the Constitution and By-Laws of said ASSOCIATION;then these presents shall bacome null and void,othezwise they
<br /> .��shall�remain:in full force��and may be�foreclosed�at�the�option of the said ASSOCIATIOI3 after..fxiluro for three months to make any of said.�
<br /> Qayments or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and cunditions of said Bond;
<br /> �.�and Mortgagor.agrees to have a�eceiver appainted forthwith in such foreclosure proceedings. � . �. . . . �� � � . � �
<br /> If there is any change in ownership of the real estate mortgaged herein,by sale or othenvise,then tho entire remaining indobtedness fiereby
<br /> secuced shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediatety due and payable withoui
<br /> further notice, and the am�unt rzmaining due unde�said bond, and any other bon3 fqr any additional advances made thereunder;shali,from the
<br /> date of exercise of said optian,bear Interest at the maxirnum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said
<br /> bond,and any other bond for additional advances,Yogether with all sums paid by said The Equitable$uilding and Loan Association of Grand Island,
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date o£payment at the maximum
<br /> legal rate.
<br /> As provided in the Bond sewred hereby,while this moRgage remains in efFect the mortgagee may hereafcer advance additional sums[o the
<br /> , � makers ot said Bond,theirassigns or successon in intezest,which sums shall be within the secunty of this m�rtgage the same as the funds originally
<br /> ti . sectired thereby„the�total amount of�principal debt not[o exceed at any time ihe original amoun[of this mortgage: . � � �
<br /> %te this , �t}1 day of OCtOb2P A.D.;19�7
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<br /> ` a . . c� �
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<br /> ' Ade ine'M. Kaczor g
<br /> � STATE OF NE$RASKA.,� � w
<br /> ,,E . ss. . On this. �tj7 � day of . QCtObQY' � � � � 19]]� �� ,before me, . ' ��^
<br /> , COUNTY OF HALL �'r� 'kt =
<br /> � ��� �: '- � . � ��. � the undersigned,a Notary Public in and for said County,personaltycame ��µ �,j y
<br />� Alfred Ns Kaezor and Adeiine M. Kaczor, each in his and her own ri�ht and as s�ou�e m �
<br /> 0'F fdCh O�h2Y' ° d�.,e pe sona y knownto
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<br /> me to be the identical person S whose name S d C8 affixed to the above instrument as mortgagor5 and th2y severaily `Y"'�
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<br /> ackreawIe3ged th^sai�instn:r:teat to t*e the,Y •,ro'untary act and dce3.
<br />� Y�RT'!�ESS ay hand and IQoiaria!Scal the daYe afozeszid. �''� /�/=y�f � .,• . '
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<br /> � +,��e��i nrn*A�v, �ra�rxckr.� �-l�uG~3 �i�.
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