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<br /> .78- 001856
<br /> MORTGAGE
<br /> , MORTGAGF.LOAN N0. � �3�054 �'
<br /> �j KNOWALLMENBYTHFSEPRFSENI'S:That M7�tqI1 G. Moravek and Debra A. Moravek, each in his and % - �%
<br /> �,�� her own right end as spouse of each other � �
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<br /> ,�;' MoRgagor,whethcr one or more,In considen8on of thc sum of
<br /> Thirty Two Thousand Seven Hundred and No/100---------------------------------_____�L�� : ? ';
<br /> loaned to said mortgagor by The Equitable Building and Luan Associattun of Grand Island,Nebraska,Mortgagee,upon $2� shates of stock of '�'
<br /> said ASSOCIATION,Certificate rto_ [.p3 0�c,4 ,do hereby grant, convey and mortgage unto the said ASSOCIA'Y'[ON the following
<br /> described reat estate,situated in Hall County,�lebraska:
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<br /> tQT TNREE (3), MEADOW tRNE SECOND � `
<br /> SUBDIVISION OF HALL COUNTY, NEBRASKA.
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<br /> �� to ether with all the tenements,hereditaments and a 4 � ���
<br /> . 6 ppurtenances thereunto belonging,including attached fluor cowdngs,all window screena, '� �� i-
<br /> . window shades,blinds,siorm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> � rctrigttators,and other fixtures and equipmrnt now or hereafter auached to or used in conneciion with sard real estata �i, � �'
<br /> � �. � And whereas the said martgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and asxssmenta levied or �� ��4����
<br /> , � . auessed upon said pmmises and upon this mortga{�e and the bond secure t ereby before the same shall become delinquent;to furnish approved
<br /> . . inrurance upon th.e buildings on said premius situated in the sum of S 3�.�0�.0� payabte to said ASSOCIATION and to deliver to said t;��
<br /> . � �ASSOCIATION the policies for said insurance;and not ro commit or permit any waste on or about said preTTtises; j F �,,
<br /> � In case of default in the performance of any of the terms and conditions of this mortgage or the bond xcured hereby,the mortgagee shell, f `��`;�
<br /> � on demand, be entided to immediatc possession of the mortgaged premises and the mortgagor hereby assigns, transfers and uts over to the a`
<br /> � mortgagee all the rrnts,revenues and income to be derived from the mortgaged prcmius during such time as the mortgage indebtedness shall remain +i
<br /> � �� � unpaid;and ihe mortgagtt shall have the power to appoint any agent or agents it may des'ue for the purpose of repairing said premises and rentirtg sf ��
<br /> � . .the same and collecting the rents,revenues and income,and it may pay out of said income all expenus of repairing seid premises and necessary • f,5�;
<br /> { � commissions and expenxs incurred im m�ting and managing the rame and of colleMing rrntals therofrom; the balance remaining, if any,to be �
<br /> � applied towazd the dischacge of said mortgage indebiedness;these rights of the mortgagee may be exercised a[any time during the existrnce of such r
<br /> � default,irzespec8ve of any temporary waiver of the same. i �a�
<br /> '�(� � These Presents,however,are upon the Condition,That if the said Mortgagor shal!repay said loan on or before the maturity of said shazes by j � � �;
<br /> ,.1 payment;pay monthly to said ASSOCIATION of the sum specified in the Bond ucured hereby as in[erest and principal on said loart,on ar before ,,
<br /> fthe Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premixs and on this Mortgage 2�
<br /> � �. �� and the Bond ucured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of 5 $Z�700.�� payable
<br /> � to said ASSOCIATION;repay to said ASSOCIAT[ON upon demand all money by it paid for such Wxes,asussments aad insurana with interest ai
<br /> the maximum legal rate thereon from date of payment a(I oC which Mortgagor here6y agrees to pay;permit no waste oa said premixs;keep and rnmply
<br /> :�� � with all the agreements and conditions of the Bond for S 32�7�a.�0 [his day given by the said Mortgagor to said ASSOC[ATION,and compty .
<br /> � with ail the roquirements of the Comti[ution end By-Laws oC said ASSOCIATION;thrn thex presents shall become null and void,otherwise they �
<br /> ",:(� shall remain in futl force and may be Foceclosed at the option of the said ASSOCIATION after failure for three months to make any of said � �
<br /> � paymrnts or be three monihs in arrears in making said monthly payments,or to keep and rnmply with the agreemrnts and wnditions of said Bond; �
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br /> . [f there is any change in ownership oC the real estam mortgaged herein,by sele or otherwise,then the mt'ue mmaining indebtednesa hezeby
<br /> - secured st�all,at[he option of The Equitable Building and Loan Association of Grand Island,Nebraska,beoome immediately due and payable withous . . �
<br /> ; ,t�� further notice,and the amount remaining due under seid bond, and any other bond for any additional advsncea made thereundeq shall,from the �
<br /> � ��, date of exereix of said option,bear intercst at the maximum lega]rate,and this mortgage may then be fonclosed to satisfy the amount due on said
<br /> bond,and any other bond for additiona]advances,together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br /> Nebroska for insurance,taxes and assess=nents,and abstracting extension charges, with interest thereon, from date of paymen[ at the maximum
<br /> legal rate.
<br /> � ;� . �. Aa provided in the Bond ucured hereby,while this mortgage remains in effect the mortgegee may hereafter advance additional sums to the .
<br /> ( � maken of said Bond,their assigns or suecessors in inte t,which sums shall be within the security of this mortgage the same as the funds originally � �
<br /> � cured t eby,the tal t of principa�debt to exceed any time the original amount of this mortgaga � '
<br /> ia �Y'6t^�~ � A.D..19 ? �
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<br /> ;� a:a". Moravek �
<br /> � ST+t*1'E OF NEBRASKA.t tt. On this 31st �y of MdY'Ch. l9�H ,before me, (
<br /> _COUNTY OF HALL� .•�.�•-��
<br /> �- ;5„� . : .� � '�- � �� . the�mderaigned,a Notary Pubiic in and for ssid County,personally came ,
<br /> ��S Mi�rton•6::Mora,vek and Debra A. Moravek, each in his and her own ri�t aard,eas s ou e of ' �=`' '
<br /> each ott�er ��lr kno�to t �'�., ,
<br /> '� me to�be the identicaI penon5 �ox���5 �dY'E �ixed to the above ina rnt as mortgagors and they xvecally �°r.
<br /> ■o�cnowtea8ra ehe e.ta�s�ruroenc to be thei r voluniary act and deed. �^'� �r^�
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<br /> ,��� WIINESS my hand and Notuial Seal the dete aforesaid. r/�y.J ,/' / ,r+�s�. �
<br /> �:a My ca�ni�.,;on exp3rn ��s,�i�G—�L%�% C�ab—T�
<br /> t GENERne.NQTARY•Stat.of Ne6r. Notary Public
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<br /> i si. SI JAF!I-�S W.OLSOPI � . .y /� �� .
<br /> . � MY,.cmm.EaA.Nov�32.1979 � . . '/ �
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