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79-~~'~ ~~.PA~z~A.R~~ ~~Rrr~~.c~.~a ~~anN~~ __.~~~4~s~z-.
<br />A551GNMiENT nF RENO'S -_ . ___
<br />KN44Y ALL MEN BY THESE PRESENTS- That Kenneth L. Jansen and Mary £. .?ansen, husband ar~d wile
<br />{hereinafter called the Mortgagors) ir, r:ensideratidn of the sum of
<br />Thirty-Six Thousand Five Hundred and NO/100-----------------------0pltars(5--36,500.00-- i
<br />loaned to Mortgagors, do herebyy grant, bargain. sell and convey unto COMMERGfAL FEDERAL SAYINGS AND LOAN ASSOCIATION of Omaha,
<br />Nebraska, (hereinafter caAed "Commercia("), its successors and assrgns, the following described real estate. situated in the County of,
<br />Hall State of Nebraska, to-wit'.
<br />Lot Seven (7) in Block Two {2) in West Bel Air Addition
<br />to the City of Grand Island, Fiall County, Nebraska,
<br />TO HAVE AND TO HOLD THE SAME, with the appurtenances thereunto t>eiongmg, unto Commercial, its successors and assigns, forever.
<br />Said Mortgagors hereby covenant with sard Commercial, its successors and assigns. that Mnrtgagurs are lawfully se!zed of said premises, that
<br />they are free from encumbrances, and that they will forever warrant ar.d defend the bile to said premises against the lawful claims of all persons
<br />whomsoever.
<br />Provided, nesertheless, these presents are upon the foilowiog conditions:
<br />That whereas the said Mortgagors as members of Commercial have this date executed a nnta evidencing such loan and agreeing to repay sa!d
<br />sum of money, with interest, in payments as set forth m said note and have agreed to abide M' the terms of slid note and Charter and Bylaws of
<br />Commercial.
<br />That whereas this mortgage shall secure any additional advances, vnth interest, which may, at the option ,f Commercial. be made by Com-
<br />mercial to the undersigned Mortgagors or their successors u! title for any purpose. at any bore betore the release and cancellation ei this mortgage,
<br />brit PROVIDED, HOWEVER. at no time shall the aggregate principal amount secured by th!s rr.ortgage, being the amount due at any uc,e do Bard
<br />original Hate and any additional advances made, exceed an amount equal to Ito percent of the amount of the original note, but in no event shall
<br />said note exceed the ruaxmium amount pernutted dy law. and PROVIDED, HOWEVER, that nothing herein contained shall be considered as -iting
<br />the amount that shall be secured hereby when advanced to protect the security or in accordance with covenants eantained in the Ina=tgage.
<br />Now, if the said Mortgagors shad pay or cause to po paid the said sums of money when due, as set forth in sard note, and any other note for
<br />additiaral atlv;inces made until sard debt is fully paid wa interest. then these presents sha!I be void: othere!se, to be and remain in lull force and
<br />e±fect: ~t it default ~!outd be made:
<br />tai In any of the payments duo on said note, and any other note for additional advances made, as therein agreed to Ire made for three months, or
<br />(bi in keeping the improvements cn said premises insured against loss by reason of fire, lightning. and uii!er hazards included in ezitarded
<br />coverage insurance in an amount not less than the unpaid oalance of said mortgage loan. in a company or companies acceptable to Com-
<br />mercial, the onginaf of such policy or pohcics to be held by Commercial, and with a mortgage clause attached to said policy ar policies.
<br />in favor of Commercial: or
<br />tci to the payment of faxes and assessments levied open said premises, ar on this mortgage. before they are delinquent: or
<br />tdt If here is any change ±n the nwnersh!p of the real estate !nertgaged herein. by sale, either cuUight or by land contrast, er try assrgnment of
<br />any interest thereon ar otherwise;
<br />them, in any of the above set-forth events. the whole indebtedness hereby secured shall. at the nphnn of Commertra!, immedrately Lreceme due acrd
<br />payable wrihout further notice, and the amount due under said note and any other nets for addibranal advances made shall, from the date of the exercise
<br />it Said Opti«_n. Great i erCSf at h;e maximtrm legal •'!e r.. ,,,. „ ^d this ":^rtgaga u ~Yien !'e f~rerYnc~l to catiSty ry,e d{!lnUnt due Cn Sdid nntC, dnd
<br />any Other nOtP for additional advances, tegett:er with all• SnmS paid lly CommerCral for}IfIS(!ranCe. tdxCS. aSSF;SSnleniS and 3t}St7aCt extensrefl Cha7ge$,
<br />with interest thereon from the date of payment at the maximum legal rate
<br />PROVIDED Ora[ m no event, either before or aRer default shdti the interest due under said note and this mortgage and any Diner note for ad-
<br />diherial advances made exceed the maximum, lawful Interest rate.
<br />PROVIDED, furdser, Oiai ir, Ore event thaE default cceurs in the maknrg of the payments due a^ sard nets, and u+: eery other n~~te fey addrtia,al
<br />e~variCrs as Crlvrein cgrrcu .v bc' magic, vs .~. r...f,~i..~ Vie „ ci .~,,.5 ~Raii%e•.'. .._ .,.. v_ r:~~ u__: ~::f e. ...4., s .. :::~ ~y 4e E uT R!e mazes
<br />dr assessments levied upon R!e stemless above descrit+ett or upoiF this mortgage, before they are tgr taw def:n,uc^t1C^rnmererat shah ha o7t#itfed
<br />to ihn im!nediate Rnssrscron pl the prem!Ses aM,•e deSGitx~d, tole thee with 311. rfvriS. prafteds I!jd iSSi_eS ar!S!nr nUt Ot th? 4fOiniS2S, and maY
<br />« a itS di__r--try*i r7as fi. i~,:a s, tar aS :t ~crh, ircces ~,y ,Gr tti t~ r,~s0 C , ~.„iS rey, i :, -F;-,; .!e ~ =~a€, ar.. ~.,, cif Rr~n« O; ,z~t~nie
<br />v:n ~ - ~:.. .,..k n '' f„ - ,onset ,2 _ t _ _ n• H.-;ata~~ s.
<br />to nppiy=same ~i 5ain .run ..,.,i any nut25 rvr~~Ling tUtu~r aclYanLcS hnri:ndci~Unir~ ui8 intlc.rt.,, i, ~s srtiured iS ?ul,g ,ra.G, and fur sit„ri pur{tusey,
<br />~.w.
<br />-_..... ~. _Y. mr.~ ::sr,x^ s:nEv w~.. ..,_ .. , ~:u = _ ., a-... ~ _ .,..f~ ~+y t:p-is~.t
<br />._ ~,:~ _ - „-ter ~-. - 3.,., .,~Q. ,,,....,,.e -,t ....~n ~ --- ., „._ -- __.....
<br />Ceeimereiai shall ^t na case be iiabre for the farlurN to pmcura tenants, to epllecf reeds, or to prosearte actisns to reeovor possession of sard p'EniSeS.
<br />The kzartga~us fusth, r apiwrnl C~merLrai of Giraha. Neksaska their attorney in fact. gi•nng said artornpti power iuevoeab#y erther cn s man
<br />name or Mortg~gnr~ parties to take al! necessary steps tpr proceedwgs in ctu+t or otherw~sc. to cause said pry niSes to ~ vaea;ed, td collect r~abils
<br />er other incpmeS du?, and when vaeaarC, to reset the same, tc n!a&e all reasonable [epaus and tiny !axes out of Sa:d tents arefas. contract payments O7
<br />mtcmas and to dr ail sash bongs either by its own othcdrs qr by umer paRles du{y autnonzed and ap:~~ntea by rt assts Jgai! far sard purppse, and
<br />!u chats ui pay a reasonable tee for soon services. all -nf the attOVe tci be dano at such bores and ra such manner and Cn Suth roams as to fpen said
<br />aitnmev may seem frost. with full Hower of subsutut:en
<br />The tdvrtga~;rs IrereC~t agre€ t`+ot .f Cou= c.c:,.~ e,r?:u ..--~-.f~.r'g r..-~;-ta -y 6oec~ne5 ~. -s made a .a.!.y to ar.y >r..: -~_^sr-.g :alat.ng
<br />Co Ora herein'~fcre oe,crrbea real estare- sr to t7 s ~urigaga C° soli, :. -c -_: er,t~s ether than a sorer:iuscre ,nshtuted ^-Y G~7 ° er, «a .,}~ttgagp[s will
<br />iennhurse t:nnrmerriaf mt 3.1 ra~atiabie ca`its - ~~ ;:~,: by ~,.r er<<;a? r ~ard so;t =n pmcnedine T.h~~ Mert~aunrs (i.r~er acp-rz- u at h~, he:e~n3~fn~g
<br />desent~d rear estate or arty ~rl drereet rx! cundennrd under tfre power of ennnent Wmani. or •; atheiwise a[quued for a rrublic use- the da~nagas
<br />awarded, the pwceeds fur the taking, and for the tcnsiderabr~~ rot su:h aAquisitimi to tho extent of the toll ainaunt of the r=.`maiorng unpaid mdebtCd
<br />::;,s scz;rt! krf ,h., . ftx::~. [~ and Eh~ ,r,_ ~ y ~-? ._r.,h:ks !~ Cc .r[Lral ;kid _ t!:r>.• t±a lit- fatmw;rh to t;~..,, :~ a:~ ~ ~,. ,,. a:,., .ref ;,t
<br />~t:ti last era .~ r~~ in<t~, r- .,t s --ir rd~btt'd mss, ~
<br />paled this '"~ .day of ~t~ ....- , I9 ~ ~~+_, f
<br />~i ~i
<br />tN fHE PRESENCE,t4E ~ • e .'-~.~ r~~ `=~ %~-~"~'~_ `~z-~' °~_~'_
<br />-- --
<br />i i~ ices~neth L Ja ~p~#in s
<br />_, ~ ,
<br />- --
<br />,~ _~ _____._.____ ,_ . _._..T~_..._._.. __,.. ..-_ Mary B.fJansen i
<br />ST'A7F. OF NCBRASKA `
<br />ss. - - - - - _ __ _ _ - _
<br />COONTy ciF N.ad.' ,r~ e~
<br />On this . _ _-- -~, ._ .. day of _.,~!'~r, ~ __- E9 (I . troforo roe. a notary ;rnblre :n and for said Gouniy ;>~rsxnalfy came
<br />the above named
<br />Kenneth L. Jansen and FSary E. Jansen, husband and wife
<br />to me well krwvn to ~ the itt~tt€at f~rstxt of p~ssons wh+±3e name 's cr names are aE@xad to t".e atx~+ r;rorro ge as grantor er g_raetors and they, he
<br />~ olio, s v -ear " iCn«iv~tyvi~ ~'~€ api~f i15fiUi'4c`R'ft artd the 0a8cutrvfi thci~t r~- ic- ih°c-i= v~s`ili: iui f a"i.t acid drama.
<br />•~U_ - _ _ - - / ~~
<br />- - _ 41.x`
<br />tTFiE r f`nrs day anu year rest ee3 r 'rt«,.
<br />ems) ^I.?rain, f'ub~ic
<br />My cummissimr expires on the-__~ _ day of - .~~~(~~~__ _ i«?[ ! M 5i'
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