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�'i1�1-eff f6r xecoL at:Lz3s L: , inBook
<br />1) 9
<br />s JAn Fisher, Register of Deeds,'
<br />Hall County, Nebraska;,
<br />MORTGAGE
<br />'MORTGAGE LOAN NO. " L -21801 MGIC
<br />KNOW ALL MEN BY THESE PRESENTS: That Albin J.' Zelasney, Jr:,a single 'person,
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />-TAe.nty=two Thousand Nine Hundred and No/100-----------------------------------=--- DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 229 shares of stock of
<br />said ASSOCIATION, Certificate No: L 21801 MGICdo hereby grant, convey and mortgage unto the said ASSOCIATION. the following
<br />described real 'estate; situated in Hall County, Nebraska:
<br />�¢ of
<br />LOT RIO (2), IN VILLA MAR DEE SUBDIVISION
<br />HALL COUNTY,;NEBRASKA.
<br />together with all the.. tenements, liereditaments 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, stove's,
<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 tbereby'before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said 'premises situated in the sum of S 22 , 900.00 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 />i
<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 such
<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 S 22 , 900. 00 j 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 S 22 , 900.00 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 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 remainingindebtedness 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. 1
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional suits to tiie
<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 amount of this mortgage.
<br />Dated this. 3rd 'df of September A.
<br />19 75 /I /% �
<br />STATE OF NEBRASKA, ss. On this 3rd
<br />COUNTY OF HALL
<br />Albin J. Zelasney, Jr., a
<br />me to be the identical person whose name
<br />acknowledged the said ig5trpp
<br />Li CSSt
<br />WITNn
<br />l St ,+
<br />My CWmis
<br />Z
<br />3.73.2M
<br />single person,
<br />day of September 19 75 , before me,
<br />the undersigned, a Notary Public in and for said County, personally came
<br />who i's personally known to
<br />1 S affixed to the above i t mortgagor and he seuarally
<br />ent�tokesC N S I voluntary act and deed.
<br />y]iand andiNota ial Seal the date aforesaid.
<br />of Nle5r sim
<br />ion expires
<br />ic, i.,., cr.pires C
<br />1975
<br />Notary Public
<br />
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