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F`i for recor 9%St �jspoiPage�,cJ
<br />J J n Fisher, Register of Deeds,
<br />MORTGAGE hall County, Nebraska,
<br />MORTGAGE LOAN N0. L 21 ;785
<br />KNOW ALL MEN BY THESE PRESENTS: That V. Keith Jardine and Pamela :S. Jardine, each in his and
<br />her own right and as SpvuSe of each .other , Mortgagor, whether one or more, in consideration of the sum of
<br />Thirty Thousand and No/100------- ------------ ------------------
<br />--- =---------_-_-__--DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association bf Grand Island, Nebraska, Alortgagee, upon 300: -'shares of stock of
<br />said ASSOCIATION, Certificate No'L 21 ,7$5 , do hereby grant, convey and mortgage unto 'the said. ASSOCIATION the following
<br />described real estate, situated in Hall -County, Nebraska:
<br />LOT THIRTEEN.0 3) MEADOW LANE THIRD'SUBDIVISI;ON,
<br />HALL 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 the 'same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said'premises situated in the sum of S 30 , 000.00 , payable to:. said ASSOCIATION and; to deliver to said
<br />ASSOCIATION the policies for said in.'surance; and not to commit or permit any waste on or about said. premises;
<br />In case of default in the perfor4pance of any of the terms and conditions of this mortgage or the bond secured hereby', Ithe 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 appoiri(anyagent or agents it may desire for the purpose'of repairing said, premises and renting
<br />the same and collecting the rents, revdnues and income, and it may pay out of said income all expenses of i 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 iportgage indebtedness; these rights of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespective of any temporary hvaiver of the same.
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on oi. before the mat6rity 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 S 30 , 000. 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 elate 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 S 30 , 000. OO 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 he 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 keep 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 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 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 tliis mortgage remains in effect themortgagee 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 there , the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />D• t this th day of August A. ., 19 75
<br />V. K Afi Jardi Pamela S. Jardine
<br />STATE OF NEBRASKA, ;
<br />ss. On this 25th day of August 19. '75 , before me,
<br />COUNTY OF HALL
<br />V. Keith Jardine and Pamela S. the undersigned, a Notary Public in and for said County, personally came
<br />Jardine, each in his and her, own ri•'ght-and as..spouse-of
<br />each other, who are personally known to
<br />'me to be the identical person S whose name S are affixed to the above instrument as mortgagor and they severally
<br />acknowledged-thFsaid-instrument•to-'be--t ei r voluntary act and deed.
<br />icS 'N. OL90N
<br />SS,}rr�y N, , J,anli N tarial Seal the date aforesaid.
<br />{ . My Comtm4siiin'exjiies
<br />1
<br />?y,Cnmmission Expires
<br />`: 1Vovember '1 Notary Public
<br />3.7�2NJ -
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