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<br /> �s- A)�?1 �67
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. � �
<br /> KNOWALLMENBYTHESEPRESENTS:That Carl A. Rezabek, single,
<br /> � Mortgagor,whether one or more in consideration of the aum of � �
<br /> Eiahteen Thousand Eiaht Hundred and NO/100--------------------------=----------- �LLAtts ,;
<br /> loaned to said mortgagor by The Equitable Building and Loan pssociation of Grand[sland,Nebraska,Mortgagee,upon� �gg shares of stock of �
<br /> said ASSOCIATION,Certificate No.L 23,�2 ,do hereby grant, comey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situa[ed in Hall County,Ne�raska: �
<br /> LOT TWO (2) IN BLOCK FORTY THREE (43) IN
<br /> CHARLES MIASMER'S SECOP�D ADDITION TO THE
<br /> CITY OF GRAND ISLAND, NEBRASKA.
<br /> together with atl the tenements, hereditaments xnd appurtenances thereunto belonging, including attached floor coverings,all window screens.
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, � �
<br /> rcCrigeratocs,and other Fixtures and equipment now or hereafter attached to or used in connection with said real estata �
<br /> And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and asseuments levied or
<br /> atsessed upon said premises and upon this mortgage and the bond secu�e,(� tj�£rkby efore the same shall become delinquent;to furnish approved �
<br /> insurance upon the buildings on said premises situated in the sum of 5 1 t5�t3UU.0� payable to said ASSOCIATION and to deliwr to said - �
<br /> ASSOCIATTON the policies for said insurance;and not to commit or permit any waste on or about said premiser. � � �
<br /> In cau oC default in the performance of any of the terms and conditions of this mortgage oc the bond ucured hereby,the mortgagee shall,
<br /> on demand, be rntitled to immediate possession of the mortgaged premises and the mortgegor hereby assigns, transfers and sets over to the � � �
<br /> mortgagee all the rents,revenues and inmme to be derived(rom the mortgaged premises during such time as the mortgage indebtedness shall remain � �
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpou of repairing said premises and renting
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premius and necessary . - .
<br /> commissions and expenses incurrcd in renting and managing the same and of coUecting rentals thercfrom; the balance remaining, if any,to be � � � � �
<br /> applied toward the dixharge of said mortgage indebtedness;these rights of[he mortgagee may be exercised at any time during the exiscence of such � � �
<br /> default,irrespective of any temporary waiver o(the same. � � � �
<br /> These Preunts,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shares by �
<br /> payment;pay monthly to said qSSOC1ATION of the sum specified in the Bond xcured hereby as interest and principa7 on said loan,on or before � �
<br /> the Twentieth day of each and every month,until said loan is fuliy paid;pay all taxes and assessments levied against said premises and on thi:Mortgage
<br /> and the Bond ucured thereby,before delinquency;fumish approved insurance upon the buildings thereon in the sum of S�$�8�0.00 payable �� �
<br /> to said ASSOCIAT'ION;repay to said ASSOClATION upon demand all money by it paid for such taxes,assessmmts and insurance with interest at � � �
<br /> the maximum lega!rate thereon from date of payment all of which Mortgagor hereby agrees to pay:permit no wasro on said premises:keep and comply � � . � � � �
<br /> with all the agrcements and conditions of the Bond for S �$�8��.�� this day given by the said Mortgagor to said ASSOC[ATION,and comply � � � �
<br /> with all the requirements of the Constitution and By-Laws oC said ASSOCIATION;then theu presents shall become null and void,otherwiu they � � �
<br /> shall remain in full force and may be toreclosed at the option of the said ASSOCIATION after fxilure for three months to make any of said � �
<br /> payments or be three months in arrears in making said monthly paymrnts,or to keep and comply with the agreements and rnnditions of said Bond; � � � � � �
<br /> and Mortgagor agrees to have a receiver appointed Corthwith in such foreclosure proceedings. � � . - � �
<br /> If therc is any change in ownership of the real estate mortgaged herein,by sale or otherwise,thrn the entire remaining indebtedness hereby � ��
<br /> secured shall.at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become unmediately due and payable without � � �
<br /> further notice,and the amount remaining due under said bond,and any other bond for any additional advences made thereunder,shall,from the
<br /> date of exercix of said option,bear interest at[he maximum legal rate,and this mortgage may then be forecloud to satisCy the amount due on said �
<br /> bond,and any other bond for additional advances,together with al1 sums paid by said The Equitable Building and Loan Association of Grand[sland, � ' �
<br /> Nebraska Cor insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum � �
<br /> lega!rata � ' . ..
<br /> � As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br /> makers of said Bond,their astigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds originally
<br /> . xcured thereby,the total amount of principal debt not to exaed at any time the original amount of this mortgage. , � � � .
<br /> _ �au� aa�yff March A.D..�9 7g
<br /> a � �/a
<br /> ' Car1 A. Rezabek
<br /> STATE OF NEBRASKA,�� On this 2%Id day of Ma rch 19 7$ ,before me, ""'
<br /> COUNTY OF HALL •-.
<br /> the undersigned,a Notary Publio in and for said County,persoaally came � (����
<br /> f
<br /> CdT`� A. Rezabek, single, who 7S personallyknownto J F
<br /> mq to be the iden4cal per:on whou rtame 15 affixed to the above inst nt as mo or and he ��. � �
<br /> . � � acknowledged the said 3nstrument to be f1�5 wluntary act and deed_ � � � � -��
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<br /> WITNFSS my hand and Notarisl Seal the date aforcsaid. � � .'..,�
<br /> .. OENERAL NOT'AItY• ct Ne expicu . . . .
<br /> JAMES W,OLSON
<br /> �INy Comm.Exp.:lov.12,1 - � � /f �/ ' otary ublic
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