|
r
<br />MORTGAGE 5-- 002966
<br />MORTGAGE LOAN NO.
<br />KNOW ALL MEN BY THESE PRESENTS: That Paul A. Jakubcwski alld Ruby E. Jakubowski, each in his
<br />and her own right and as spouse of each other
<br />- -aht Thou'- Eight Hurled algid ' - -� Mortgagor, whether one or more, in consideration the sawn of
<br />no 100 --- -- _ -- -- - ---
<br />loaned to said mortgagor by The Equitable Building and I Gran Association of Grand Island, Nebraska. Mort — upon �--° OLLARS
<br />said ASSOCIATION, Certificate No. L 24,373 , do hereby $ shares of stock of
<br />described real estate, situated in Hall County, Nebraska: Y f�nt> convey and 'tort unto the said ASSOCIATION the fo
<br />All of Lot `ltao (2) , in Block Eleven (11) , except the North
<br />Six (6) feet thereof in Packer and Barr's Addition to the
<br />City of Grand Island, Hall County, Nebraska.
<br />together with all the tenements, hereditaments and appurtenances thercunto belonging, including attached floor coverings,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning„ and plumbing and water equipment
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with Said real estate. � ��� . stoves,
<br />said r and accessories thereto, pumps, stows.
<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 heforc the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of $ 8 80
<br />ASSOCIATION the policies for said insurance: and not to commit or permit nano 00 waste on ,) p��Ul e�rAA SSMIATION and to deliver to said said In care of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mort
<br />on demand, be entitled to immediate possession of the mortgaged
<br />mort all the rents. revenues and income to be derived from the mortises and the mortgagor or hereby assigns, transfers and sets o he
<br />unpaid; and the mortgagee shall have the power to a rot an agent or gnus cif may during t time as the mortgage indebtedness shall remain
<br />the ranee and collecting the rents, revenues and income, and it any y
<br />Y Fay out of said income all expenses PM-Pose repairing repairing said miser as art- renting
<br />Commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, Pairing sad Premises and necessary
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee ma be exercised at an time during the e
<br />default, irrespective of an temporary y , if any, to be
<br />Y porary waiver of the same. Y ring existence of such
<br />There 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
<br />the Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied principal on earn loan, on or before
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum Of Semires and 0 this Mort
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, a $'800.00
<br />the maximum legal rate thereon from date of payment all of which Mort nts and insurance with intrest payable
<br />with all the gager hereby agrees to pay; permit no waste on said premises; keep and comply
<br />agreements and conditions of the Bond for S $,$00.00 this day given by the said Mortgagor to said with all the requirements of the Constitution and By-Laws of said ASSOCIATION; then these ASStX IATION, and comply
<br />Y
<br />1 rectum in full force and may be foreclosed at the option of the said sents become null and void, otherwise they
<br />Payments or be three months in arrears in uralci said rratn hl ASSOC ASS(?f.'IA77ON after failure for three ntortths to a any of
<br />and Mortgagor agrees to have a receiver s in making said o in such payments, te keep and exits] stud
<br />Fly with the agreements and conditns of said Bond
<br />If there is any change in ownership of'the real estate mortgaged
<br />secured , at the option of The Equitable Building and Loan Association of by Island Ncbrse• ihcn else entire re
<br />further exercise and the amount remaining due under said bond, and any outer fr+tnc! for any additional beaadvancxa n there indebtedness hereby
<br />date
<br />further exercise of said option, be interest at the maximum legal rate, and this nn>rt r'ay then f fly thereunder, without
<br />,and any other bond for additional advances, together with all sums id h to A y t amount
<br />r� do d,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension chargesy, said interest thereon -front date oa tin of Grand Island,
<br />legal rate. ynwnt at the maximum
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the nwrtgagee may hereafter advance additional s to the
<br />makers of [fond, their assigns or succ:cssors in interest, which sun's shall be within the security of this 'erna the saute as the fal s L-, to h
<br />secured thereby, the total amount of principal debt not to exceed at any tirrtc the original security of this mortgage,
<br />'Dated this ? t c+. J.... -6,
<br />
|