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Fileko Qfa �9%rat M. , i Pol
<br />of Pager -
<br />ie'aXOIsher, Register•of•Deeds, 0*
<br />: ..L. �.-:•........ Hall County,. Nebraska
<br />ORTGAGE
<br />MORTGAGE LOAN NO. L 21,573 MGIC
<br />KNOW ALL MEN BY THESE PRESENTS: That Charles E. Jel i ne k and. Janet G. Jel i nek, each 'i n his and
<br />her own right and as spouse of each other, Mortgagor, whether one. or more, in considerationofthesum of
<br />Seventeen Thousand Five Hundred Fifty and No/100------------------------ - ------ DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 175 shares of stock of
<br />said ASSOCIATION, Certificate No. L 21 9573 MGI,Cdo hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT ONE (1) IN FRACTIONAL BLOCK EIGHTEEN (18) IN
<br />ASHTON PLACE, AN ADDITION TO.THE:CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />together with all the tenements, hereditaments and 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 />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 that 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 tite same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 17 , 550.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any waste on or about said premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the 'rents, revenues and income to be.derived from 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 purpose 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 premises and necessary
<br />commissions and expenses incurred in renting and managing the same and of collecting' rentals therefrom; the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time during the existence of sudh
<br />default, irrespective of any temporary waiver of the same.
<br />These Presents, 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 ASSOCIATION of the sum specified in the Bond secured 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 secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of S1 7 , 550.00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance with interest at
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on said premises; keep and comply
<br />'with all the agreements and conditions of the Bond for 51'7 550.00 . this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By -Laws of?said ASSOCIATION; then these presents shall become null and void; otherwise they
<br />shall remain 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 />payments or be three months in arrears in making said monthly payments, or to !seep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure. proceedings.
<br />if there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining' indebtedness hereby
<br />secured shall, at the option of The Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />further 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 interest at the maximum legal Yate, 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 Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment .at the maximum
<br />legal rate.
<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 assigns or successors in interest, which sums shall be within the security of this mortgage'the same as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any time the original,mount of this mortgage.
<br />ated this 30th Py of April D., 19 75 /
<br />�.
<br />u CtsiLJr-!%/7 v /
<br />Charles E. Jelina.net G. Jelinek
<br />STATE OF NEBRASKA, ss. On this 30th day of April 19 75 , before me,
<br />COUNTY OF HALL
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Charles E:. Jelinek and Janet G. Jelinek, each in his and her own riht and as souse of
<br />each other, �w�o are peronallyknown to*
<br />me to -6e the identical persons, whose name S are affixed to the above instru t as mortgagor S and• they severally
<br />ackn w7edged thelBaitPAs'Wuitidn30Ni eb their voluntary act and deed. '
<br />CWITNEJS iri3'AU an I Notarial Seal the date aforesaid.
<br />State of tic:,,aaKa
<br />November,.
<br />Notary Public
<br />3.73.2M.
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