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<br /> MORTGACG —
<br /> AfORTGAGC•.LOAN N0. L 2Z��95
<br /> KNOW ALLAIEN BY THGSEPRESBNTS:That Fred M. Janisch and Donna M. Janisch , each in his and
<br /> ; f her own right and as spouse of each other,
<br /> Mortgagor,whether one or more,in consideration of the sum of
<br /> ` Seventv two Thousand and No/100----------------------------------'-'--"'-"""-"D�►-�A��s
<br /> loaned to said mortgagor by The Gyuitable Building and Luan Association of Grand Island,Nebraska,hlurtgagee,upon 720 shares of srock u[
<br /> said ASSOCIATION,Certificate No.L 22,195 ,do hcreby grant,comey and morlgage unto the said ASSOCIATION the following
<br /> described�eal estate,situuted in Hall Cuunty,Nebraska:
<br /> LOT TWENTY(20) IN BLOCK FOUR (4) IN THE
<br /> REPLAT OF RI4ERSIDE ACRES, AN ADDITION
<br /> TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA.
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<br /> �, tuge�her with all the tenements,hereditaments and appurtenances thereunto belonging,including attuched iloor coverings,all window screens, .
<br /> window shades,blinds,storm winduws,awnings,hw�ing,uir conditioning,and plumbing and weter equipment and acassories tltereto,pumps,stoves,
<br /> refrige�ators,and other fixtures anJ equipment now or hereafter attached to or used in connectiun with said real estate. .
<br /> � And whereas the said mortgagor has agreed and does hereby agree that the nwrtgagor shxll and will pay all taxes and asuesments levied or
<br /> � assessed upon said premises and upun this murtgage and the bond secuS� tl e e y b,g(ore the same shzll become delinquent;to furnish approveJ
<br /> ' � inmrance upon the buildings on said premises situated in the sum of S /�,bb�.�U payable to said ASSOCIATION and to deliver to said
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<br /> � ASSOCIATION the policies for said insurance;and not to cummit or permit any waste on or:�bout said premises;
<br /> � !n case of de(ault in the per(orntance o(any of the terms and conditions uf dtis moetgage or the bond secured hereby,Qte mortgagee shall, �
<br /> on demand,be entided to immediate possession oC the mortgaged premises end the murigxgor hereby assigns, vansfers and sets over to the
<br /> � mortgagee all the rents,revonues and income to be derived frum lhe mortgaged premise:during such time as[he mortgage indebtedness shall remain
<br /> � unpaid;and the mortgagee shall have the power to appoint any agznt or agents it may desire for the purpuse uf repairing said premises and ren[ing
<br /> � lhe same and collecting the rents,revanues and income,and it may pay out of eaid incume all expenses uC repairing said premises and necessary
<br /> �, � commissions and cxpenses incurred in renting and manxging�he same and of collecting rentals thercfrom: the 6alance cemaining,if any,to be
<br /> } � applied tuward the dischnrge of said mortgage indebtedness;thesz ri�iris o(the mortgagee m�y be exercised at any time during the exietence of such
<br /> default,irrespective uf any temporary waiver of the same.
<br /> �� These Presents,however,are upun the Cundition,That if the said Afortgagor shall�epay said loan on or beforc the maturity of said shares by
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<br /> t � payment pay monthly to said ASSOCIATION uf the sum specified in the Bond secured here6y as intercst and principal on s�id Inan,un or beture
<br /> d�e Twentieth day uf each and eve�y month,until said loan is fully paid;pay all taxes and assessmcnts levied againsl said peemiscs and on this�fongage
<br /> �,�- and the Dond secured thereby,be(ore delinyuency;lumish approved insurance upon the buildings thereon in the sum of S JZ��0�.Q� payable
<br /> �o said ASSOCIATIOti;repay to said ASSOCIA"CION upon demand all money by it paid Cor such taxes,assessmenis and insurance with interest at .
<br /> �� the maximum legal rate thereon fwm date of payment all ul'which 1�fur�ga6or Imreby agrees eo pay:permit no waste on said premises;keep and comply
<br /> with all the agreements and conditions uf the I3ond for 5 )2,�0�.��this day given by Ihe said t�tortgagor to said ASSOCIATIO'J,and cumply
<br /> with all thc reyui�cments uf ihe Constitution and fiylaws o(said A550C'IATION:lhcn these prcsents shall become null and r•oid,otheru�ise thcy
<br /> shall remain in full furce and m�y be(orecluud at the optiun uf the said ASSOCIATION after Cailure for three months to make any uf s�id
<br /> payments or be ihree mon�hr in arrears in making said munthly payments,or w keep and cumply with the�greements and condiuons oC s:iid Bond;
<br /> and Alurtgagor agrees to hace a rccciver appointed forthw�ith in such(orcclusuce pcuceedings.
<br /> 4, i(ihere is any changa in owncrship o(the real cstatc mortgagcd herein,by sale ur othcrwise,dien the entim remaining indcbtedness hereby
<br /> � xcuced shall,a�the option o(The Equitable 13uilding and Loan Associatiun o(Grand Island,Nebraska,become immediately due and payuble without
<br /> (urlher noticc,and lh:atnuunt cem�ining due under said bund,and any uther bund for any addition�l advances made thcreunder,sl�all,from the
<br /> date o(exe�cise uf said uption,bear interest at d�e maximum legal rate,and this mmtgage may then be foreclosed to satisfy the amount due on saiJ
<br /> bund,and any uthrr bund for additional advances,together with all sums paid by eaid The Byuitabl�13uilding und Loan Associatiun of G�and island,
<br /> b. Nehraska for insurance,tx�ces and assessments,and abstracting exlensiun charges,with interest thereon, from date uf payment at the maximum
<br /> legalra�e.
<br /> As pwviJed in the Bund tecured hereby,while this morlgage rem�ins in effect the mortgagee may hereafter advance additional sums to the
<br /> � � makers of said 13ond,their assigns m successors in inlerest,which sums shall be within Ihe securiry of�his nwrtgage the same as th:funds uriginally
<br /> secured there6y,the total amuunt of principal1debt not to exceed at any iime the o�iginal amounl o(this mortgage.
<br /> ���ta au� 21 s t d�y oc.: June ,�.u..l<, 76 -
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<br /> . y�< a.,�— :-y=� �:. � .l'���,�-/l.� %��j .ii7t�./4.('�'/
<br /> re . anisc�—'`—�� onna . anisc ;
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<br /> STATE OF NEBRASKA, ss. On Ihis 2�5 t �dY°� June �� 76 ,be(urc me,
<br /> � ' COUNTY OF HALL � . . ;
<br /> � -� the undersi@ned,a;volary Public in and(ur said County,perwnally came , . ,,.•;;�;
<br /> Fred M. Janisch and Donna M. Janisch, each in his and her own N•��;;-
<br /> righ����� SPOU52 of each other µ'h� dY'L' personallyknownto � .
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<br /> me,t46e'(he i�tlYGv�cx}��n S «�hose name S affixed tu the above instrumcnt as mortgagoc5 and th2y se•;erally ¢
<br /> a�cn h�lEd�d th��S.ti�lthstry�nent to be thei r voluntary act and decd. r" ' �
<br /> _ WITMf�SS�y hand and Nutarial Seal the datc aforesaid. � �
<br /> t,. �1�' � ,A�tY�°IndGS�on expires � � � � .' �, � i•�,�o - .r� ��.A�_ �.i
<br />��- �r� ' � ��?' � . . ., . Notan•Public
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<br />-^� � ''�i,� OF NE , ` �
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