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79- 0~~~+~t'2
<br />MORTGAGE _
<br />MORTGAGE LOAN NO. L 23530 MGIC
<br />KNOW ALL MEN BY THFSF.PRESEN"fS:That Michael E. Jeratowski and Janet K. Jeratowski, each in his
<br />and her own right and as spouse of each other
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Thirty-nine Thousand Five hundred and No/100---____ -------------------------- DOLLARS
<br />loaned w said mortgagor by The @quitable Building and Loan Association of Crand Island, Nebraska, Mortgagee, upon 395 shares of stock ~f
<br />said ASSOCIATION, Certificate No. L 2353D , du hereby grant, convey and mortgage unto the said ASSOCIATION the fo'dowirtg
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT ELEVEN (17) IN BLOCK NINETEEN (19) IN
<br />SCARFF'S ADDITION TO WEST LAWN, AN ADDITION
<br />TO 7HE CITY OF GRAND ISLAND, HALL COUNTY
<br />NEBRASKA.
<br />together with all the trnrnxnts, hereditanrents and appurtenances thereunto lxlonging, including attached floor coverings, all window screens,
<br />~windaw shades, blinds, swan windows, awnings, heating, air conditioning, and plumbing and water equipment and accessaries thereto, pumps, stoves,
<br />refrigerators, and other fixtu«s and equipment now ur hereafter ailached to or used hr cunnectiun watt said real estate.
<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 uprm this mortgage and the band secured therrhv before the same shall become delinquent; to furnish approml
<br />insurance upon the buildings on said premises situated in the sum of 5 39, 5D0. DO payable w said ASSOCIATION and ro deliver to said
<br />ASS(l{'IATtON the policies for said utsurance; and oat to commit or permit any waste an ur about said pramis~es:
<br />In case of default in the performance of any of the [eons and conditions of llus mortgage ur the bond secured hereby, the mortgagee shall,
<br />un demand, be entitled w immediate possession of the mortgaged premises and the nwrtgsgur hrrrby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and income to be derived from the mortgage) premises during such time as the mortgage indebtedness shall rennin
<br />unpaid; and the mortgagee shall have the power w appoint any agent ur agents it may desire fur the purpose of repairing said premises and renting
<br />the same and wllrcting the rents, revenues and income, and it may pay out of said income all expenses of repairing said premises and netxssary
<br />commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance rrrnaining, if any, to 6r
<br />applied toward the diuhargr ul said mortgage indebtedness; these rights of the mortgagr<' may br exercised at any time during the existenm of such
<br />~, default, it«spectivr of any temporary waiver of the samr-
<br />~'~ These P«srm<, however, are upon lire Condition, l-hat rf the said Mortgagor shah repay wid lase. un or before the maturity of said shares by
<br />~I, payntrnl . trey monthly to said ASS{A'LA'f16N of the sum sprcinrd in ihr Bund Seca«d hereby as mtrrest and principal un said loan, on ur boforo
<br />'. the Twentieth day of each and every nwnth, until said loan is i'uliy paid; pay all taxes and assrssntrnts levied against said premises and un thrs Mortgage
<br />'~~ ttnd the Bund secu«d thereby, br[+rr delutyurncy; furnrsh approved insurance uprm the buildings tttrreun m the sum of 3 39 , 5D0.OQ payable
<br />_ _ ____ _ _ _ eClV`r!'reti!i ., „ d-.., :.,A ,n ... , .~ hi: ; a i #'nr each taxes as52a5fn'FntS 8nd in5llfanY %ith mterest ai
<br />.., r~~
<br />~'I Mhe maximum legal+rate ihrrrun Iwm date of payment ail of which Murtgagar hereby agrees to pay: permit nu waste un said premises; keep and wmpiy
<br />i Wrth an ^rr agreements and candrtiuns of the fkmd ibr S 39 5Q0 DO this day green by the said Mungagur w said ASSOCIATION, and comply
<br />with aft the requirements of the Constitution and By-laws of said- iSS(N'i ATIO~t; then thesz presents strait become nttB wtd void, otherwise they
<br />Shull remain in full force and nwy br lurrchrsrd at the uptiwr u! the said ASSOCtAIION alter failure tier three nnmths w make any ul' said
<br />payments or br th«r months ur arrears m making said manUd} payntrnts, ur to keep and comply with dm agrrrmrnts and eanditians o(said Bond:
<br />and Mortgagor ag«rs to have a receiver aptxnnlyd torthwnh m such tureclusu« pnre'rtdwgs.
<br />If there is any change m ownership of the real estate nx+rtgageJ herein, by sale ur othrrwrsr, then the entire remamu;g utdebtednras hereby
<br />secured shall, at the option of Thr Eymtabir Building and Loan Asa>ciatiun uE Grand Island, Nehrxska, beurmt unntediatrty due and payable witlumt
<br />further notice, and the amount «mammg due under card bond, end any other Mind G.x any addniunai advances made thereunder, shall, from the
<br />date ul rxarcrse of said option, bear interest at the nuximum Irgal rate, and this moUgsge nwy turn br Yurecluud to satisfy the amount due un said
<br />6tsnd, and any other bond fur additional advances, wgrther wnh all scans paid by s;rrd Ttre Lywtable auilding soil lain Asxxiatiun of (:tattd Island,
<br />Nrhraska I'ur insumnce, taxes and assessttrrnts, and ahstraaing extrnsiun ehargrs, wnh mutest thrrean, tram date of payment at the maximum
<br />legalratr.
<br />As pnmdrd in the Bond secured hereby, while this nwrtgxgr remains ur diet the nhxtgagrr may herearter advance additional sums to tha
<br />maktrs of said fkrnd, (heir usugns or su~crsxrcs tr. mtnrrst, whteh cams shall hr wuhm the sr~unty of tbu nwngagr the vtmr as the ftmds originally
<br />aecurad theroby, the txttul anwunr of principal debt nut to exceed at any tins the arrgtnai anruum of this irwrtgage
<br />Dared this 29th day of August :~ n., t"79
<br />Michael E. Jeratowski r
<br />o-~
<br />Janet K, Jeratowski <~;.~~, z .4 ~'- ti -rt•.._i
<br />STATE {)F NEBRASKA,
<br />COUNTY OF HALL ss. On this 9th day of
<br />AUgUSt 1879 ,hefareme,
<br />the undersigned, a Notary Public in and fur said County, persttnaUy came
<br />Michael E. Jeratowski and Janet K. Jeratowski, each in his and herwR~vn right a~~dn~~yk~gW~~e
<br />of each other are
<br />[rte to be the identica) perwnS whose names dre affued to the above~taw»enf'>p,morlgagor 5 and they_,.~raBy
<br />aclinowlodgrd the said instrument to br their volmtary act and daed. II ``~ ~'\
<br />WITNESS my hand and Natariel Seat the date aforesaid. ~c
<br />~~
<br />My Comntissian expires -' ~ \~ . ! e~ ..-
<br />Notar Public
<br />tbr6aM at ~f~ { ~ ~.--- ~~ j ,EN(RAt NU(ARY - Stars of Baby.
<br />61y ;;nmm. K+v. :'vas. 12. 1Q79
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