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<br /> ; � MOI2TGAGE LOAN NO. L 22844 1
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<br />—' 1 RNOW aLL ItlEN HY TFIFSE PdtESCh�S:Tnat Eugene 1. Y 1 dCZ2K dna c i ari be 1 P 1 aczek, each 11l hl S
<br /> and her own right and as spouse of each other,
<br /> Mortgagor,whether one or more,in consideration oF the sum of
<br /> Thi rty four Thousand and Nol100-----------�T---------------�__----- ----_�-_-��_�,,,z,� �
<br /> loaned to said mortgagor by The Equitable Building and Loan Assomation of Grand Island,Nebraska,Mortgagee,upon 34� shares of stock of
<br /> said ASSOCIATION{Certificate No. L 22844 ,do hereby grant, convey 2a� mort�ge unta the said ,0.SSOCIATION the folluwing
<br /> described real estate,situated in�Hall County,Nebraska: � � � �
<br /> LOT TWO (2) IN BLOCK TWO (2) OF NORMANDY ESTATES, AN
<br /> ADDITION TO THE CITY OF GRA1Vd ISLRND, NEBRRSKA. �
<br /> �
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<br /> together with all the tenements,hereditaments and app�rtenances thereunto belonging,including atcached floor coverings,all window screens,
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing arid waterequipment and accessories thereto,pumps,stoves,
<br /> refrigeralors,and other fixtures and equipmen[now or hzreaher attached to or used in connection with said real estate. �
<br /> And whereas the said mor[gagor has�agreed and does hereby agree [hat the mortgagor shall and will pay all taxes and assessments levied or �
<br /> assessed upon said premises and upon this mortgage and the bond sec {ed t if,reb,y before the same shall bzcome delinquent;to furnish approved
<br /> insurance upon the buildings on said premises situated in thc sum of$�4 sO�V•U� payable to said ASSOCIATION and to delivcr[o sa.id
<br /> ASSOCIATION tlie policies for said insurance;and not to commit or permit any waste un or about said premises; � � �
<br /> In case of default in the performance of any of the terms xnd conditions of this murtgage or the bond secured hereby,the mortgager shall,
<br /> on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, trensfers• and sets over to the�
<br /> mortgagee all the rents,revenues and ine;ome to be derived from the mortgaged premises during such time as the mor[gage indebtedness shall remain�
<br /> unpaid;and the mortgagee shall have the power to appoint any ageni or agents it may desire for the purpose of repairing said premises and renting . ��
<br /> the same and collecting the renrs,revenues and income,and i[may pay out of uid income alt expenses of repairing sxid premises and necessary
<br /> commissions and expenses incurred in renting and managing ttie same and of collec[ing rentats therefrom; the balance remaining;if any,to�be
<br /> applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time d.uring ihe existence of such �
<br /> � . default,irrespective of any temporary waiver ot the same. � . ..�
<br /> , � � These Presents,however,are upon the Condi[ion,That if the said Mortgagor shall repay said loan on or before the muturity of said shares by� � �
<br /> payment;pay rnonthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interesi and principal on said loan,on or before - �
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay alt taxes and assessments levied against said premises and on[his Mortgage � -
<br /> and tha Bond secured thereby,before delinquency;fumish approved insurance upon the buildings thereon in the sum o£3 34�0��.�� payable �� �
<br /> to said ASSOCiAT10N;repay[o said ASSOCIATION upon demand all money by it paid Cor such taxes,assessmenis and insurance with�interest at �
<br /> � the maximum legal rate thereon from dare of pxymeni all of which Murtgagor hereby agrees to pay;permi[no waste an said premises;keep and comply
<br /> wiih all t6c ugrecments and wnditions of ihe Bond for S 3[} OOO.Q(� �his day given by the said Mortgagot to said ASSOC:IATION,and comply � .
<br /> with all the requirements of the Cons[itution and By-Laws ut°sa�d ASSbC1AT10N;then these presents shatI become null and void,otherwise they . .
<br /> shall rem:+in in full torce nnd rnay be Coreclosed at the option of the said ASSOCIATION ufter failure for three months to make any of said . � � �
<br /> .� payments or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond;
<br /> and.A1ortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. . � ..
<br /> � . lf there is any change in ownership of the real estate mortgaged herein,by sale or o[herwise,then Ih�en[ire remaining indebtedness hereby � �
<br /> � secured shall,at tl�e option of The Equitable Building and Lnan Association of Grand 1sland,Nebraska,becorne immediately due andpayabie without � .� ��
<br /> , further notice, and the amoun[ remaining due under said bond, and any other bond for any addiiiona!advances made thereunder,shall,from the � �:
<br /> . date of exercise o(said option,bear interest at the maxirnum legal rate,and this mortgage may then be foceclosed to satisfy ihe amount due on said �� � �
<br /> bond,and any other bond for additional advances,togeYher with all sums paid by said The Gqui[able Buildirzg and Loan Association of Grand Islan.d, � �� � � �
<br /> � Nebrasl:a for insurance,taxes and assessinents,and abstracting extension charges, with interest thereon, from date of payment at the maximurn �� � � � �
<br /> legal rate.
<br /> � As provided in the Bond secured here6y,while this mortgage remains in eFfect the mortgagee may hereaFter advanc;e additiunal sums to the � �
<br /> � makers uf said�Bond,their assigns or successors in interest,whicl�surns shatl be within the security of this mortgage the same as the funds originally �
<br /> � secured thereby,the[otal xmount qf principal debt not to exceed at.any time the original amount of this mortgage. � � � �
<br /> �atea tn�s 14t dny of October A D i9 77
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<br /> uge . acze C ari e aczek
<br /> STATE OF NE$RASKA,�sa On this da of �
<br /> COUNTY OF HALL 14th. r October 1977 ,before me, ,,�'�`� "' ,m�"
<br /> � th yndersi a Notary Pub$c' nd for said Count erson y came . >� �
<br /> Eugene T. Placzek and Claribel Placzek, each in �iis a��dher own rig�i� and as sp0uge o� �'"a�.
<br /> � edCf1 OthE1"� who are pe�sonally known to ci``.}�.
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<br /> � me to be the iden' �Soq,S..,L�k name S �affixed to�the above instrument as mortgagor S and they severally � ��_
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<br />�� � . aciuiowladgeti c �y�tvument't6�fy,%" e 1 Y' � voluntary act and deed. � � � �
<br /> . . � r�l'YNY1�Syptip'i+d an�!ho Seal the date aforosaid. � �. � . . ,�;;���
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