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<br /> 78-• C�0286�
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. � 2$.lOH
<br /> � IINOWALLMENSYTHESEPRESENTS:That Ed Kolar, Jr.and Donna B.Kolar, each in his and her
<br /> own right and as spouse of each other
<br /> � Mortgagor,whether one or more,in consideration of the sum of ,
<br /> ` Forty Five Thousand Six Hundred and NO/lOO-----------------------------------------ppLLARS "`
<br /> loaned to seid mortgagor by The Equitable Building and Loan Association of Crand Island,Nebraska,Mortgagee,upon 456 ��es oF stock of � .
<br /> � said ASSOC(ATION,Certificate No.L 23�10$ ,do hereby grant,wnvey and mortgage unto the said ASSOCIA'I70N the following ��. �
<br /> described«al esiate,situaced in Hall County,Nebraska: , .
<br /> LOT SIX (6) IN BLOCK TWO (2), LAKE DAVIS ACRES
<br /> SUBDIVISION, HALL COUNTY, NEBRASKA.
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<br /> together with all the tenemrnts, hereditaments and appuztenances thereunto belonging,including attached floor mverings,all window screens, � '
<br /> ;�,j window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipmmt and accessories thueto,pumps,atoves, � .i
<br /> refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br /> And whereas the said mortgagor has agreed and does hereby agree thai the mortgagor shall and will pay all taxes and assessments levied or ' � � . �� '�'��
<br /> assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to furnish approved ;�.
<br /> � insurance upon the buildings on said premises situated in the sum of 545�6��.U� payable [o said ASSOCIATiON and to deliver to said y;
<br /> ASSOCIATION the poticies for said insurance;and not to commit or permit any was[e on or about said promius; � . ��;;
<br /> . In px of default in the performance oC any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shalt, . `�r
<br /> � . on demand,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the � � �
<br /> f � mortgagee all the rrnts,revenues and income to be derived from the mortgaged premius during such Yune as the mortgage indebtedness shell remain
<br /> . unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br /> � the aame and collecting the ren[s,revenues and income,and it may pay out of said income all expenus of repa'uing said premises and necessary �
<br /> commissions and expenses inwrred in rrnting and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be ��
<br /> applied toward the dixharge of said mortgage indebtedness;these rights of the mortgagee may be exerdsed at any time during the existentt of such ��
<br /> ��t default,irrespective of any temporary waiver of the sama �
<br /> .i. . � . _ `.-:
<br /> ��1 These Presents,however,are upon the Candition,That if the said Mortgagor shall repay said loan on or before the maturity of said st�ares by
<br /> ,.� payment;pay monthly to said ASSOCIATION of the sum specified in[he Sond ucured hereby as interest and principal on said loan,on or before ,
<br /> 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 sewred thereby,before delinquency:fumish approved insurance upon the buildings Ihereon in the sum of S 4rJ�f)��.�0 payable �
<br /> to said rLSSOCIATION;repay to said ASSOCIA'I'lON upon demand all money by it paid for such taxes,asussmenu and insurance with interest at ..
<br /> the maximum legal rate thereon from date of payment all of which Mortgagoz hereby agrees to pay;permit no waste on seid premises;keep and comply �
<br /> � �{ with all the agreements and conditions of the Bond for 5 4rJ�60�.�� this day given by the said Mortgagor to said ASSOCIAT[03V,and eomply _� �
<br /> �? with all the requ'uements oF the Constitution and By-Laws of said ASSOCIATION:thm thex preunts shall become null and void,otherwise thry � ..�`.;
<br /> shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for thrce 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 agreemmts and conditions of said Bond; � .
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such Corcclosure proceedings. �� .
<br /> If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise,thm the entire remaining indebteMas hueby .� �
<br /> �i secured shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,bernme immediately due and payable without �
<br /> " Curther notice,and ihe amount remaining due under said bond, and any other bond for any additional advances made thereunder,ahall,from the � �
<br /> ��.�' date of ezercise of said option,bear interert at the maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said �. .
<br /> bond,and any other bond for additional advances,together with all sums paid by said The Equitable Bu�lding and LQan Association of Grand Island, � ,
<br /> Ne6raska for insurance,taxes and assessments,and abstractinR exte�sion charges, with interest thereon, from date of payment at the maximum �
<br /> ��i legal ratc. � .
<br /> ��..1 As provided in the Bond seeured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the �� �
<br /> �- �.! . makers of said Bond,their assigns or succeuors in interest,which sums shall be within the ucurity of this mortgage the same as the funds originaily ... . .�� „.':
<br /> . - seeured thereby,the.rotat amount of p incipal debt not to exceed at any time the original amount of this mortgage. � .
<br /> � Dat �� j, May A.D..19 ]$ �. . ' � �
<br /> � E lar, r
<br /> ,'� Donna B: 'Kol ar
<br /> j STATE OF NEBRASKA, t
<br /> COUNTY OF HALL�ss. On this 11'tt1 day of May 19 �$ ,beforc me,
<br /> :? . � �� . � the undeni ed,a No Public in and for said Count � ~��,
<br /> 8� �+Y Y.Personally came �
<br /> Ed Koiar, Jr. and Oonna B. Kolar, each in his and her own right anWhos s ouse o�n��known�er I
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<br /> ar� � r �� �
<br /> t' me to bo-Yhe identical person5 whou name5 �dT'6 aff'ixed to tF�e above inst nt a mortgagor 5 and thEy severally � .
<br /> 'a adcnowledged tix satd inscrument to be thel r wluntary act and deed. (^� ' ��.a: ; ,
<br /> �, �� � � � W111VFSS my hand and Notarisl Seal tl�e date aforeeaid. . � /�7�/^ '� '.�;�.x
<br /> � _ . . . . IGi���/ •(� � � ..
<br /> 2 � � M CotmniaiQn expires �-?j �G'
<br /> ,,`; . 6ENERAL'NOiRRY-StaUaf Nepr.�; . �� �'.��� � .
<br /> � �.i.�pfAMES W.OLSON Notary Publio
<br /> � ��-My Comm�gsp.Mnv.�12, t919 I ��i��"'T�.� � y�. � "l'', 7/%
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