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r MORTGAGE -R— -- 81 001315
<br />1 ~^ MORTGAGE LOAN NO. �_�g ��
<br />KNOW ALL MEN BY TtitSE ,)RESENTS: That Jerry P. Jensen and Mary M. Jensen, each in his and her
<br />own.ri ht and as spouse of each other, Mortgagor, whether one or more in
<br />Two Hundred and no/100 ---- - ---_— consideration of the sum of
<br />DOLLARS
<br />intuited to writ mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mort
<br />said ASSOCIATION, CertiFicate No. L 7.4 322 do hired gam, upon 832 sharcaofstodcof
<br />described real estate, situated in hail County, Nebraska: y grant, convey and mortgage unto the said ASSOCIATION the following
<br />A tract of land eanprising a part of the Northwest Quarter of the Southwest Quarter
<br />MiISW of Section Twenty OW (21), in Township Eleven (11)North, Range Nine (9) West
<br />of the 6th P.M., more particularly described as follows: Beginning at a point on the
<br />East line of said NW�SW�, said point being seven hundred fifty seven and four tenths
<br />(757.4) feet south gf the Northeast Corner of said NWkSW'k as now located; thence
<br />deflecting right 90 00' and running West a distance of Tian Hundred Thirty (230) feet;
<br />thence running South and parallel to the Fast lire of said NWIiSWk, a distance of Two
<br />Hundred Fifty nine and Fifty -Five Hundredths (259.55) feet; thence deflecting left
<br />90 00' and running east Two Hundred Thirty (230.0) feet to a point on the East line of
<br />said N'PiSW#; thence running North along said East line, a distance of Two Hundred
<br />Fifty -dine and Fifty -Five Hundredths (259.55) Feet to the point of beginning, subject to
<br />Road right of way along and upon the East Edge of said Tract, Hall County, Nebraska,
<br />except therefrcm a tract of ground more particularly described in Warranty Deed
<br />recorded in Boole 157, Page 452, recorded in the Office of the Register of Deeds of
<br />Hall County, Nebraska.
<br />ttrgether with all file tenements, herednaments and appurtenances [hereunto belonging, including attached floor coverings, ail window, screens,
<br />window shades, hfinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />re$igcratars, and other fixtures and equipment flow or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree 1113, the mortgagor shall and will pay all taxes and assessments levied or
<br />amcmd upon said premiss and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />Insurance upon the buildings nn said premises situated in the sum of s 83, 200.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the ,wltcws for said insurance; and not to commit or permit any waste on or about said premises;
<br />In caw of default in the performance of any of the feints and conditions of this mortgage or the bond secured Itereby, the mortgage stall,
<br />to demand, he entitled to unmediate p+sscssion of the mortgaged premiss and the mortgagor hereby asserts, transfers and sees over to the
<br />infiligageT all the rents• revenues and Income to Ix- derived from [tic mortgaged premises during such time as the mortgage indebtedness shall remtain
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of re premises and renting
<br />the saran and collecting the rents, revenues and mc,rrn. and it rosy }sty out of said income all expenses of repairing tt said
<br />4xnnriussnoros and expenses inctared in renting and managing the same and of collecting rentals therefrom; tlebaLricx remaining, sand necessary
<br />applied toward the discharge nl said rrx)rtgage indebtedness tiles rights of the It may he exercised at any time during the xrstentx of such
<br />default, irrespective of any temporary waiver of the same.
<br />Then Presents, however. are vp,n the Condition
<br />payrnent � pay 1110111111Y It, said AS.S(X'IA I . That It the said %iorigagor shall repay sand loan un or before the maturity of said shares by
<br />-ure .specified rn the Bond secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and every rrx,nth, `1111 sand 143411 is fully ,lard; pay all taxes and assessments levied against said premises and on this Mortgage
<br />and the Blind secured thereby, befvor lclmqueHo v. f urnesh approved insurance upon the buildings thereon in the sum of 5
<br />to said ASSOCIATION; repay to 'aid ASS(!('IATION upon demand all money by it paid for such taxes, assessments and insurance with interest at
<br />the maximum legal rate rhrean from d4tr of pays *)ear all of which Mortgagor hereby agrees to pay; permit no was(eon said premises ;keep and comply
<br />with all the agreenents and conditions of the lfond for 5 83, 200.00 this day With 331 the requirements full n e of the ymv sheuor n acid Hy -i awn of said ASS(X'IAT10N; given hen tthese presents Mortgagor
<br />hall become Hull andlros:itlON[herwi comply
<br />shall ertrsaln ti full farce ;3rd stay be tnreck ➢oil at the uptwn of the said ASSOCIATION alter failure for three months to toile any of said
<br />payments g he three t,fzjvr . an arrears in making said ninthly losyrmnts, ar it) keep and comply with the agreements and condttions of said Bond;
<br />and Mortgagor agrees to B eve ., receiver at+p+nritrd forthwith to such fuleclnsure proceedungs.
<br />If there rs any change are ownerrp of the real estate 1m>rt Imreui, by sale or otherwiac, then the entire re
<br />urrd sail, as tier c pxpm of The P:quiaablc Building and 1,(,a Malted
<br />Association of Grand Island, Nebraska become i indebtedness hereby
<br />further '")'lice, and aim .snxrunt iemaming dim under said hx,nd, and any other bond for any additional advances made thereunder,
<br />date ,of exsrcta^ of o% rpan, tsar interest ar the ntaximurn legal rate, and this snort y payable without e
<br />mid any other bond for addian)nal advariccs, r may able be foreclosed to satiny the angnml due (in said
<br />NsBor for in urance, taxes and assrsarrmnta. and abstracting r cxtcnsuorn Ptti by said The Equitable Building and Loan Association of Grand lsbuid,
<br />rate. gcs, with interest thereon, from date of Port ent at the iioaxiin uln
<br />As rd(IvKW in the Bt)nol srealrcd hereb while hits moo a remains m effect the port
<br />r. ers of seed , the, oral a. is or succesu) en Irnterrsi, whit sums shall to within the security of this mortgage the same as the funds origtnalhy
<br />wcured ttcerrFp, tier vocal ana vet <, ,rim i al dean oar to • gad(ee any hereafter advance additional suit to the
<br />! V Cecil at any Ionic the origutal amount of this mortgage.
<br />listed this 1 ;lay o1 q I A QC
<br />f A. t)., 10 85
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<br />`sTA IT OF NUIRRASKA.
<br />COIIN'lY r)l I[ALI, as, ()If fill%
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<br />the
<br />S€ try 1nndarsigna*d,.a Notary I•uhbc m and Ior satd('uun1y, Ixnsuially.yrrm g
<br />1-1. J,r, n Mary M. ,i( tkaerm Mach in hi i cut i tx n ° 9
<br />` t twit i:iutmt 14W as :ttx7ltg� 9 Elf (4 tee to f° 1lrr atentx:a! Ix^rs)n L•i �.ehurF nanlc N 'Ct,' ,
<br />oltexetl to Uie atk.vr imirmucul as nv,rt�gor .; } ,
<br />wckn,nwfsd ;J the, said r!'ofoln:ni I" Ion f and 11I aeyrialh,
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