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<br />MORTGAGE _
<br />MORTGAGE LOAN NO. L 23415
<br />KNOW ALL MEN BY THESE PRESENTS: That Gregory A. Jasper and Georgia K. Jasper, each in his
<br />and her awn right and as spouse of each other,
<br />Martgagar, whether one or more, in consideration of the sum of
<br />Fifty Fia~ht Thnusand and No/100---_---------------------°-----------------------DOLLARS
<br />loaned to said mortgagor by Tae Equitable Building and Lean P,swcixtion of Grand island, Nebraska, Mortgage€, upon 5Fw shares of s[och of
<br />said ASSOCIATION, Certificate No. L 23415 , do hereby grant, convey and mortgage unw the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT ELEVEN (11), IN IMPERIAL VILLAGE
<br />FIFTH SUBDIVISION, AN ADOITIOfd TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />together w9th all the tenements, hereditaments and apputenances thereunto belongir=g, including attached flour coverings, all window screens,
<br />window shades, blinds, siaml windows, zwnings, 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 />Attd whereas the svid mortgagee has agreed and does hereby agree the: thz mortgagor shall and will pay all tsxes and assessments Levied or
<br />assessed open said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furtish approved
<br />insuranz upon the buildings on said premises situated'in the sum of 5 SB,DDD. ~~ payable to >aid ASSOCfAT10N and to deliver W said
<br />ASSOCIATION the policies for said insurance; and not to pmmit or permit any waste on ar about said prentises:
<br />In rase of default ir, the performance of ary of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demand, br entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over io the
<br />mortgagee all the rears, rerenues and inrome to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shall have the pewee to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br />the same and eolieciiag the rents, revenuzs 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 iht same: and of collecting rentals therefrom: the balance remaining, if any, tv be
<br />applied toward the discharge of said mortgage indebtedness: these rights of the mortgagee may "r exercised as any time during the existentt of such
<br />fault, irrespective of any tempurarv waiver of the Baler.
<br />These Presents, hawevror, are upon the Ccndnion, That if the said Mortgagor shall repay slid Ivan on or before the maturity of said shazes 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 agxirr. said premises and on this Mortgage
<br />and the Boad secured ihtrcby, before delinquency; iutrush appxaved i•uurance upon the buildings thereon in the sum of S 58a DDD • OD payable
<br />to said ASSc'~IAT10N: repay to said .wSSOCIATION vpon de-,~,ar;d all money by it paid for such taxes, ass.°.ss.:xnis and iasurana with interest at
<br />the maxirrrum legal rate ihrrzan from date of payrnent all of watch Mortgagor hereby agrees to pay; permit no waste on said pre,~iises; keep and comply
<br />r.~ith all the agreemems and conditions of the Bond for 558,DOD. DO this day given by thz said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Corutitution and By-Laws of said ASSOCIATION; thin rhea presents shall become null and void, otherwise they
<br />shall remain m full ford and may be foreclosed at the option of the said ASSOCIATIONv after failure for three months to make any of said
<br />payments ar be three raranttts in arrears in making said monthly payments, or ro kzep and comply with the agrcements and conditions of said Bond;
<br />atsd Mtxrtgagat agrees to have a r€xivtz appointed forthwith in such foreclosure proctedirgs.
<br />it nitre is any iharigc 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 Lquitablt Building and Loan Association of Grand lstand,Nebraska, became immediately due and psysbk without
<br />furtatr naritt, and the amotmi rerrsaining dot under said hood, and any other bond fur any additional advances made thereunder, shall, from the
<br />dart of exercise of said option, bear interest at the maximum legal rate, and tats mortgage inay then be Coreclosed to satisfy the amount due on said
<br />borttl, anti any elect bend far additional advances, together with all Burns paid by said The Equitable Building and Loan Association of Grand Island,
<br />Ntbrasica far insurance, taxes and assesstrtents, and absuacting extension charges, with interest thereon, from date of payment at the maximum
<br />legal ram.
<br />As provided in Yne Bond securza hereby, while ibis mortgage remains in effect the anattgagee may hereafter advance additional sums to the
<br />makers of said Bond, there assigns or suaessors in interes*., shish sums shall be within the security of this mortgage the same as the Cunds originally
<br />tecurod thereby, the toW amount of prircipai debt rsot to exceed st any time the original amount of this mortgage.
<br />Datt3 this 9th day o: ~j3r A. D., 19 79
<br />ragary asper ~G'_n ~ iT
<br />,F! ~N
<br />-~~~a asper \
<br />SSAT£ OF * &RASKA, ~ m. On this 9th
<br />COL;lr, Y OF IfALL
<br />raregt~'y A. Jasper and Georgia K, Jasper,
<br />each in his and her awn right and as spouse
<br />day of May
<br />19 79 ,before me,
<br />the tmderaigned, a Notary Public in and for said County, personally carne
<br />of each Other, who are personally known to
<br />cot to be the identinl person 5 whose Hama S art affixed to the ttbotu'itistrume~as mortgagor 5 and they severelly
<br />r ~
<br />adcaowkdBad tbt acid it4trutMai to be their wluntary act and deed. ,f ~
<br />W!T!H$S!i mY Rand and Nataral Seal t1u date aforesaid. ~% /~
<br />Ny Cortunission etipirea ~;/ / ~
<br />Notary Public
<br />st.~i Ut ~ `,' '~ ~ ? ~ / 6ENEN,II NpfARY ~ Slate at NaG.
<br />'~ ~ ~~~ ' JAhifS W. GL~Gp
<br />pgl. Ce~rvia. rx»llc~. 32, 1928
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