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<br /> 78� �l�.,�4�7
<br /> MORTGACE
<br /> MORTGAGELOANNO. �- 23,0�3 �;
<br /> ',� � '
<br /> KNOW ALL MEN BY THESE PRFSENI'S:That Donal d Ray Jel i nek and Jol ene Lee 1e1 i nek, each � ;
<br /> �
<br /> J in his and her own right and as spouse of each other ��
<br /> ����� � � Mortgagor,whether one or more,in consideration of the aum of ' `- ,;; �j
<br /> afive Thousand Two Hundred and No/100-------------------------------------------___ ��� :
<br /> �loaned to sald mortgagor by The Equitable Building and Luan Associa[ion of Grand liland,Nebraska,Mortgagee,upon 52 sheres�f srock of
<br /> said ASSOCIATION,Certificate No.L 23,�73 ,do hereby grant, convey and mortgsge unto the said ASSOCIATION the following
<br /> � described real estate,situated in Hall County,Nebraska:
<br /> LOT FOUR (4), IN BLOCK ELEVEN (11), IN ROLLINS'
<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 ureetes, w k•�
<br /> >� window shades,blinds,storm windows,awnings,heating,air cunditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, '" 1��'.
<br /> ;f roGigerators,and other Pixturcs and equipment now or hereafter attached to or used in connection with said real estate. � ' �r)�
<br /> :� And whereas the said mortgagor has agreed and does hereby agrce that the mortgagor shall and will pay all taxes and assesanents levied or "� ;'`�'��.
<br /> � as�essed upon sfli�prem5<_ts ard Lpon this mo:tgage and the bor.d mcured ihereby befozc thc same shaL• become deli��quent;to furnish approved � ��
<br /> .� insurance upon the buildings on said prcmises situated in the sum of S 5�ZOO.00 payable to said ASSOCIATION and to deliver to said j _ K ,� d n�.
<br /> ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said prernius; �, �y��
<br /> � In case of default in ihe performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mor[gagee shall, �� �� �' ����
<br /> on demand,be entitied to immediate ssession of the mort y gns, transfers and sets over to ttee � ` � # `'`�
<br /> { po gaged premises and the mortgagor hereb assi ,
<br /> t mortgagee all the rents,revenues and income to be derived from the mortgaged premixs during such time as the mortgage indebted�ss shall remain . �� >`1�
<br /> 'g unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpou of repairing said pnmises and renting �}���'�
<br /> � the same and collecting the rcnts,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary .� t�
<br /> . commistions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if an to be �
<br /> � applied toward the discl�arge of said mortgage indebtedness;these rights of the mortgagee may be exerciud at any time during the existence of such � �
<br /> de(ault,irrespective of any temporary waiver of the same.
<br /> These Presents,however,arc upon the Condition,That if the said Mortgagor shall repay said loan on or befote the maturiry of sald shares by .
<br /> � payment;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interesi and principal on said loan,on or before �
<br /> ;r. .. � the Twentieth day of each and every month,until said loan is fully paid;pay al1 taxes and asxssments levied against said premius and on this Mortgage �
<br /> ' � snd the Bo�d securcd thereby,befare delinquency;furnish approved insurance upon the buildings thereon in the sum of 5 5�2��.�0 payable
<br /> i� � to said ASSOCIAT[ON;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessmrnts and insurance with interest at
<br /> � lhe ma�cimum legal rate thereon Gom date of paymmt all of which Mortgagor hereby agrees to pay:permit no waste on said premises;keep and compiy
<br /> s � with all the a rcements and conditions oC the Bond for S 5 2��.�� this da
<br /> B . y given by the said Mortgagor to said ASSOCIATION,and wmply
<br /> :�. with all the requirements of the Constitution and By-Laws of said ASSOCIATION:thrn these presents shall become null and wid,otherwix they
<br /> shall remairs in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of said
<br /> paymeats or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond.;
<br /> and Mortgagor agrees to have a teceiver appointed forthwith in such foreclosure proceedings.
<br /> ��. . � � [f there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,thrn the mtire remaining indebtedness hereby
<br /> � . secured shall,at[he option of The Equitable Building and Loan Association of Grand Island,Nebraska,bernme immediately due and payable without �
<br /> fudher 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,beaz interest at the maximum legal rale,and this mortgage may then be foreclosed to satisfy the amount due on said �
<br /> bond,and any other bond Cor additional advances,together with al!sums paid by said The Equitable Buildiag and Loan Association of Grand isiand,
<br /> �Nebraska for insurance,taxes and assessmenis,and abstracting extension charges, with interest thereon, from date of payment ai the msximum $ ��.
<br /> 7egalrate.
<br /> ' % ��Asp rovided in the Bond secured hercby,whi]e this mortgage remains in effect[he mortgagee may hereafter advance additional sums to the
<br /> 'rttakeri of said Bond,the"u assigns or successors in intercst,which sums shall be within the ucurity of this mortgage the same as the funds originally �
<br /> muced thercby,the total amount of principal debt not to exceed at any time the original amount of this mortgaga � - � �,'�.
<br /> ,�tea tn;s. 215 t aay ot _ Ap ri 1 n.n.,�9 78
<br /> >.) a ay e n —
<br /> t� lene Lee Jeline
<br /> ;� STATE OF NEBRASKA,�� On this 215't
<br /> COUNTY OF HALL day of Apri 1 197$ ,before me,
<br /> ..��--,..
<br /> the underaipned,a Notary Publie in and for said County,personally came
<br /> Donald Ray Jelinek and Jolene Lee Jelinek, each in M s and her owri right and as spouse of
<br /> each. other Wno are person�itr kno..m so t ,x`
<br /> me to:be the identical panonS whott name 5 •di'2 af£ixed to the above instrument as moitga or S and they severally J
<br /> acknowledgad the asid instrument to be thei r wluntary aet and deed. � ' .
<br /> WITNESS my hand azid Notarial Seal the date aforeaaid. '�� �'•�
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<br /> MyCommixvonexpires ' � � ,,� ,�
<br /> ' .. . .f �CEMER1lLlPoTAAK-SdtsM�Mebnsta ,J / � Nota�u� . . �
<br /> i.� :.. s1-a►t Ai� .. � . JOY M.BEAZLEY.. !� .
<br /> �A7y Comm.Fxp.S�ept 2.198T f'�
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