82001757 - Laserfiche WebLink

Browse

:fORTGAGE 8C®'°'Q~~75 f I;, Alert II..Jahlonski and'.ROSeIVn.A. 3abloneby give COAfME1tGZAL FEDERAL SAVINGS AND LL3AN A55OCZATZON {Commercial) a mortgage on Che following property: I.at la Stet Heights Second Addition, an Rddition to the City of Grand Island 'r3a11 Co~mty~ tlebraske, Ef aore'thaA oae person signs this mortgage, the-ward "Z" means.."wr." Yhia mortg:$e-secures a loan made by Comoercial. A Hate dated the same date as this mortgage contacts the terms for repagmeat of that. Loan. Zf that sate is ever. changsd or replaced by a aav sate, it will. still.. be. secured by this mortgage. Z prasise the..follaring t.`tiags: 1. All pa7~eats an say sore or other debt secured by this mortgage will' be-paid + sue. 2. Aa iasttraaca paiicy far faze and ezteadtd coverage vi2l be leapt. 3.n farce:oa-the gmperty in as aabuat at least equal to ehe debts-secured by this awrtgage plus an?'athar mortgages listed is paragraph fi. the- iastu^ance Cospaay 3tiast be satsfactozy to Cammercia.l, sad Gnmmercia3. will b+ a nasied lasursd oa the pol2cy. 3. All taxes'and asaessa~ts on the property will be paid befara they... became deliaqueat. 4, lta wars will , bs c,+o~ftted cm ttfe property. snd it vi21 be kept in good zepair'. S. the p~Pen7 vilnot bs-soid (facludiag by laced caatract), leased, and- ao iatasrest' is it will be asaigaed is aay vay. b. Zorn the 'px'apesty'fzee sad close of aay other mortgages or encumbrances except Ca~srcia Yadesal Savia#is E ioaa Aasaciataa 9. too othsr aorLsage or llea oa the property will ever_be allowed: to ba in dsufauit or be foreelosad. Zf an7 of tha+e proa{ises azs sot kept, .then Co::+~srcial can aeclare all o£ the debt isadiatsiy due sad payabla without advance notice. iha interest rate vi 1l increase to 14.00x, and this sortss~e can be fareciased. Lf cha debt is acceler- itad then Z also assign say rent or other iacoae from the praparty to Commercial. Cttaia s~ouats can be paid by Coeaerciai sad sddsd to the debt eezured by this aiartEai~e, 'rE-ey ors any tastes ar insurancs T have .agreed to paq but. fail to, say a~tosaey-fay or court sz~nsas Coms~ereial pays if it is made:a party to any iepl; utioa brousht by sawotu sl.se concerning the property, aced any attorney fees or hurt esy+osts which the lar might al.iaw if Casercial has to go to court against aie to call~t ttte debt or fazeclose this"mortgage. .2f any of these things happen, then the additional dsbt vi11 accrue nterest'at the sass rate as the rest of the debt and aast'ba paid faa~sdiatelp. Zf this property is swr coadestned wader the power of eminent domaia'or any simi- Iar aethod'af raisins prnpsrty far-public use,,aay proceeds of the taking will be paid to Cass~nial:; e~p to the full asount of he debt secured.° j I ; , j 3taivert J Japlonski jr2~~l~~ ~' p > ~~~, 52A?E OT :D~RJI~SIU l H.osalyn A. J~3onsk GOG'XI7 OY i3Ai.I~ 7 3~ Oa this 28th day of larii 19 52 before me, a notary public is sad for said couatq, personally .came to as kr+ovn co be the identical''persoa ar psrsoas a+ one same is ox names are affixed ee ~:he above ~sortgage, and that', he or: she severallq acktsawledged the said iastru- mast and eh: wcecucicn ehereof to be their voi=zntary act and deed. aT~~,t~i,,.~,_p~a~iai s+ssl tt~a day sad 4ear Iasc abava ~.+ritten. arrtsr yf,yer _ rn r ew.esa. ~ r'~ '~, } i L . ~~- ~w ta.s... z,. ~.x 3+.~_ j L~r:~"+GL~' " z f~ u'14. K .} ~ _ :~cscar~ Puoiic Y6~ ;~~~~'.Y~.~~t/i~S $..X }'TwE~~ ~ t ~sw. 1 is ~~~~~ .. -.~.~~