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<br /> t�10RTCAGIi LOAN N0._ ZZ>095
<br /> � KNOWALLMENUYTt1LSEPRESCN7'S:That Ed Kolar, Jr. and Donna B. Kolar, each 111 h1S hcld h21'
<br /> own right and as spouse of each other
<br /> , Mortgagor,whether une or more,in consideration of the sum of
<br /> ' Thirty-four Thousand and No/100-------------------------------------------------- ���A�
<br /> loaned to said mortgagor by Tl�e Equitable Building and Loan Asrociation of Grand Island,Nebrasl:a,A7ortgagee,upon 340 sha�es o(stock of � � � . .
<br /> said ASSOCIATION,Certificate No.L 22,095 ,do hcreby grant,comcy and mortgage unto the said ASSOCIATION the following
<br /> described real estatc,situated in tlall Cuunty,Nebraska:
<br /> LOT TWELVE (12) IN WESTER�d HEIGHTS
<br /> SECOND SUBDIVISION, HALL COUNTY,
<br /> i
<br /> NEBRASKA.
<br /> . together with aU the tenements,hereditamenls and appurtenances thereunto belonging,including attached iloor wverings,all window ureens, � � �.
<br /> � window shaJes,blin�s,slorm a•indows,awnings,heating,air conditioning,and plumbing and water equipment and acttssories thereto,pumps,stoves,
<br /> cefrigerator;,and uther fix�ures and equipment now o�hereafcer attached to or used in cunnectiun with said real estate. � � �
<br /> And whereas the said mortgagor has agrced and does hereby agree that the mortgagor shall and will pay aii taxes and assessments leviad or � �
<br /> assessed upon said premises and upun this mortgage and the bond secured thereby be(ore the same shall become delinquenr,w(umish approved
<br /> insurance upon the bui�dings on said premises siluated in the sum of 5 3Q OOO.00 payable to said ASSOCIATfON and lo deliver to said
<br /> ASSOCIATION the pulicies Cor uid insuranca;and not to commit or permi�any waste on or a6out said premises;
<br /> In case of deCault in the performance o(any of the terms and conditions uC this morlgage or the bund secured hereby,the murtgagee shall, .
<br /> on Jemand,be entided ro immediate pussession oC lhe mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br /> mortgagee all d�e rents,revenues and income to be derived fmm the mongaged premises during such time as the mortgage indebtedness shall remain . .
<br /> � unpuid;and the mongagee shall have the power to appoin[any agcnt or agents it may dcsire for the purpuse of cepairing said premises and renting
<br /> the same and cullecting the cents,revenues and income,and it may pay uut of saiS income all expenus of repairing said premises and necessary
<br /> wmmissions and expenses incurred in renling and managing the s�me and of cullecting rentals thercCrom;the balance remaining,if any,to be .
<br /> # �. applied toward the discharge o(said morcgage indebtednesr,these rights o(the mortgagee may be cxerciud at any time during the existence oC such .
<br /> default,irrcspective of any tempocary waiver of the s;ama �
<br /> �,' These Prcsents,huwever,ace upon the Condition,That if the said�1ortg�gur shull cepay said loan on or be(ore the maturity of said shares by
<br /> payment;pay monthly tu said ASSOCIATION of the sum speciGed in�I�e 6ond secured hereUy as interest and principal on s�id loan,un or be(ore �
<br /> i :
<br /> ihe Twentielh day of each anJ cvery month,until said loan is(ully paid;pay all taxes and assessments Icvicd against safd premises and on d�is�longage
<br /> ��� and the BonJ secured thereby,beCure delinyuency;furnish nppruved insurance upun ihe buildings thereun in the sum of 5 p�yable � �
<br /> 34 OOO.Q
<br /> to snid ASSOCIATION;repay to said ASSOCIATIOti upon damand al:muney by it p�id fur such taxes,assessments and ms�rance w�t interest at �
<br /> the maximum legal rate thereon from date of payment all o(which�furtgagor hemby agrees to pay;permit nu waste un said premises;keep and comply �
<br /> °- �`. with all ihe agreemenls and conditions o(the Bond Cor S a (�(� (�(�this day given by the said ldortgagor w said ASSOCIATION,and comply
<br /> with all the requirementz of the Cons[imtion and Sy-Laws of 3�SXSSIH'IATION;Ihen these presents shall become null and void,othenvix they
<br /> � ' shall remain in Cull force and may be foreclosed at the uption of the said ASSOCIATION after failure fur three months to make any u(said
<br /> }; - payments or Ue three monihs in arrrars in m�king said munthly payments,or tu keep and cumply with the agreements and conditions of said l3und;
<br /> and Mor�gagor agrces w have a receiver appointed lorthwith in such fomclosure proaredings.
<br /> � If there is any change in owncrship o(the rea!cstate mortgaged herein,by sale ur utherwise,then the entire remaining indebtedness hereby
<br /> p. � secured shall,at the optiun u(The Equitable Building and Loan Association of GranJ lsland,Nebraska,become immediately due and payable withuut
<br /> � further notice,and the amount ccmaining due under said bond,and any other bond(or any additional ed�ences made thereunder,sl�all,(rom tLe
<br /> date of exercise of said option,bear interest at the ma�cimum legal rate,xnd Ihis mortgage may then be foreclosed to satisty the amount due on said
<br /> i bond,and any other bund for adJilional advsnces,together with all sums paid by said The Equitahle Building and Loan Association of Grand Island,
<br /> I•. Nebreska(or inwrance,taxes and assessments,and abstracting extension charges,wi[h interest d�erwn,from date of payment at the maximum
<br /> le�l rate.
<br /> As pmvided in the Bond secured heceby,while this mortgage remains in eftect the mongagee muy hereafter advance additional sums to the
<br /> � m:�kers ol said Bond,lheir assigns ur successors in interest,which sums shall be within the security o(lhis morlgage the same as the Cunds originally
<br /> secured thereby,the total amo nt of principal debt not to exceed at any time�he miginal amount o(this mvrtgage. �
<br /> �ai�a � a r Apri 1 ,+. �.,»76
<br /> �� 4.. r F,i t;l>>�'t.n_ 1� ��t ot�.�t-'l/
<br /> Ed Kolar, Jr. Donna B. Kolar
<br /> STATB OF NCBRASKA,1 u On this 28th day of Apri 1 �9�6 ,befo¢mc,
<br /> � COUNTY OF HALL� I.,:�_:: �.
<br /> tlu undersigned,a Notary Public in and for said Counry,personally came � � - �s�"r,
<br /> Ed Kolar, Jr. and Donna B. Kolar, each in his and her own right N'ti�`
<br /> who dre Personally known to
<br /> and as spouse of each other � �
<br /> me lo be the identical person S whose name S affixcd to the above/in�r�(��ett,�,s mortgagor5 and they sccerally .
<br /> acknowled�ed the said in=trument to be thei r votuntary act and deed. � , ' �t�`t
<br />� i � :�ti �Vp{'NES:c myQmndjand Notarial Seal the date a(oressid. 1 � / ttl
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<br />�.. � �. Notary Pu lic
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