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<br /> �s-U007�2
<br /> MORTGAGE
<br /> � MORTGAGE LOAN NO. L � �
<br /> � IQVOWALLMENBYTHFSEPRESENTS:That Nick Kallos and Rosie Kallos, each 1D h75 and her �Wfl
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<br /> '? right and as spouse of each other
<br /> ? � Mortgsgor,whether one or more,in consideration oF the sum of
<br /> ;; Fifteen Thousand and No/100--------------------------------------------------------no[.L.wxs '
<br /> t loaned to said mortgagor by The Equitabte Building and Leran Association of Grand Island,Nebraska,Mortgsgee,upon 150 sharcs of srock of �
<br /> ± said AS,SOCIATION,Certificate No.L 22 996 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the Following
<br /> described real estate,situated in Hall County,iVebraska: . � .
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<br /> LOT TWO (2) IN BLOCK FOURTEEN (14) IN BAKER'S
<br /> ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA.
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<br /> � together with all the tenements, hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window screena,
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> �:�.t refrigerators,and other fixtures and equipment now or hercaker attached to or used in connection with said rcal estate. �.
<br /> = And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and essessments levied or
<br /> � �� assessed upon said premises and upon this mortgage and the bond u ed re�y beforc the same shall become detinquent;to furnish approved
<br /> ( insurance upon the buildings on said premises situated in the sum of��s���•vV payable to said ASSOCIATION and to deliver to said
<br /> !� ASSOCIATTON the policies for said insurance;and not to commit or permit any waste on or about said premises;
<br /> � ln ease of default in the performance of any of the terms and conditions of this mortgage or ihe bond secured hereby,the mortgagee shall,
<br /> on demand,be entitled to immediate possession of the mmtgaged premises and the mortgagor hereby assigns, transfers and uts over ro the . �
<br /> -t � mortgagee all the rents,revenues and income to be derived from the mortgaged premius during such time as the mortgage inde6tedness shall rert�ein
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or agrnts it may desire for the purpose of repairing said premixs and renting
<br /> �}�- the same and collecting the rents,revenues and income,and it may pay ou[ of said income all expeaus of repeiring said premises and necessary.
<br /> commissions and expenus incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be .
<br /> i, � applied toward the dischsrge of said mortgege indebredneu;theu rights of the mortgagee may be exerciud at any time during the e�tistence of such .
<br /> default,irrespective oF any temporary waiver of the sama .
<br /> � Theu Presents,however,are upon the Conditton,That if the said Mortgagor shall repay said loan on or beforo the maturiry of said shares by �
<br /> �� � payment;pay monthly to said ASSOCIATION of the sum specified in the Bond xcured hereby as interest and principal on said loan,on or beforc � . �
<br /> `���i � the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage �
<br /> '--� . and the Bond secured thercby,beFore ddinquency;fumish approved insurance upon the buildings thereon in the sum of S 1 rJ�0�0.�� payable .
<br /> �p. to said ASSOCIA7ION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,as:essments and insurance with intmest at
<br /> �,�.i the maximum legal rate thereon from date of payment all of which Mortgagor hereby agroes to pay:permit no waste on said premises:keep and comply . �.- � �
<br /> �-� wi:h all the agreements and conditions of the Bond for$ 1�j����.��this day given by the said Mortgagor to said ASSOCIATION,and comply .� �
<br /> �$� with all the requirements of the Constitution and ByLaws of said ASSOCIATION;then thex presents shall become null and wid,otherwiu they ; :
<br /> } shall remain in futl force and may be forecloud at the option of the said pSSOCIATION after 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 cronditions of said Bond;
<br /> �'.'i and Mortgagor agrees to have a receiver appuinted forthwith in such foreclosure proceedings. , � �
<br /> ; [f there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,[hen the entire«maining indebtedness hereby
<br /> �+ securcd shatl,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without � �
<br /> .�� fwther notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the � � � .
<br /> date of exercise of said option,bear interes[at the maximum legal rate,and this mortgage may then be foredosed to satisfy the amount due on uid
<br /> ' bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Crand lsland, . �
<br /> ';i Nebraska for insurance,taxes and assessments,and abstracting extension charges, with intercst thereon, from date of payment at the maximum .
<br /> .# legalrate. „ . . . . ..
<br /> As providad in the Bond xcured hereby,while this mortgage remains in effect the mortgagee may heresher advance additional sums to the
<br /> �;:; makers of said Bond,their assigns or successors in interost,which sums shall be within the security of this moRgage the same as the funds originally � �� � � . ..�
<br /> " ? secured thereby,the total amount oC principal debt not to exaed at any time the original amount of this mortgaga
<br /> f . '�-- Dat this � � 3 g da of Jdf1UdP,Y .. A.D.,19 78 . . �.
<br /> 7 Q$
<br /> �L .���Gt_.�J
<br /> � Ro`s Kallos
<br /> � S1'ATE OF NEBRASKA�t -�".
<br /> ; u.. OnUila 315t dayof January 1978 ,beforeme, ��--^:
<br /> r COUNTY OF HALL J �
<br /> the undersigned,a otary blic ia and for said County, rwn y came
<br /> N1ck Kallos and Rosie Kallos, each in his and her own rig�it an�as spouse of eac�ot�er
<br /> r�.,. ,.-��. a ..,,�2 :- .,.-�..'� ; . . . � ,,.�-'' who irJO Perwnally known to �. 'Nt�� t ..
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<br /> ,y ' me to ba the Identical perwn 5 whose name 5 are afFixed to the above insvumenf as mo or 5 and they severally �:
<br /> �;t � � � , .
<br /> } • aeknowkdged the aaid inatrument to be tlle'1 T' wluntuy act and deed. =`7 �� +-�
<br /> ' � t'V[TNESS my hand and Notariai Sesl the dato aforesaid. %/ � , �f/ .� ^' �..'::
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<br /> { .. . . My COIIIINESIO . ��/ ,/
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<br /> � � � r x��,.� .�� •Notary�'. 'c
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