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<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 23,849
<br />KNOW ALL MEN BYTHFSEPRE&ENTS:T'hat Charles R. Winkler and Doris L. Winkler, husband and
<br />wife AND Gerald l9. Jones and Sharon R. Jones, husband and wife,
<br />Mortgagor, whether one or ttwre, is ooottiderstim of the attm of
<br />Twenty-two Thousand Four Hundred and No/100-------------------------- t>aLLaxs
<br />loaned tq said mortgagor l,y Ttte Equitabk Building and Loan Assocation of Grand {stand, Nebraska, Mortgagee, uptm 224 share of atadt 9f
<br />said ASSOC{AT{ON, Cerii:isate No. L 23, 849 , do hereby grant, convey snd mortgage unto tlu: said ASSOCIATION the foBowusg
<br />dosatbed real estate, situated in HaB County, Nebraska:
<br />LOT ONE HUNDRED TWENTY THREE (123) IN BUENAVISTA
<br />SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND,
<br />NALL COUNTY, NEBRASKA:
<br />together with aB the tenements, heredHantents and appurtenances thereunto belonging, including attached floor covermgs,.aB window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto,pumps, stoves,
<br />refrigerators, and ether fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that ttte 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 before the same shall became delinquent; [o furnish approved
<br />insurance upon the buildings on said premises situated in the sum of 522 , 400.00 payable to said ASSOCIATION and to deliver [o said
<br />ASSOCIATION the policies for said insurance; and riot to commit or perrmt arty waste on or about said premises;
<br />in case of default in the performance of any ol'the terms and conditions of this «u,rtgage or the band secured hereby, the mortgagee shall,
<br />on d-^.mand, be entitled to immediate larssessor. of the nioetgaged premises and the mortgagor hereby assigns, transfers and sets ovxr to ttte
<br />mortgagee alt the rents, revenues and inix,rne to be derived from the mortgaged prsmiscs during such trine at the mortgage indebtedness shall ronutin
<br />unpaid; and the rtwrtgagoe shall have the pgvrar to appoint any agent or agents it may desire far the purpou ofrepairing said premises and renting
<br />the same and collecting the reins, revonuss and income, and it may pay qu! ql' said incams al! sx~nses of rzpairng said prcraisss cad nzozs~ty
<br />urmndssiuns and expenses incurred in renting and managing the same and of collecting rzntais ttterofmm; the balance remaining, if any, to be
<br />applied tgward the discharge nF said rrwrtgage indrbtedncss; them rights n+." the ruartgagss Wray bz zxzrci~d at any time during zhz zxtstznce of such.
<br />dsfault, inespec~tivre tsf anq temporary wai~asr of the same.
<br />i n~~ presents, 3:cwaver, are u~an th4 i"anditiau, That if £hz saad Morl,gager shalt aepay said teen on or before fhe maturity a,C said shares by
<br />payinent; pay munildy to said rLSSOCIATt(7N of the sum specified in the Bond ~curod htrzby as :»terest and principal on said tear, on or l,zfgre
<br />rho Twentieth. day o£sach and every nnsnth, until said Loan is fully paid; pay ail taxes and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, before detinquenty; furnish approved insurance upon the buildings thereon m the sum of $ 22, 400.00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance with inarest at
<br />the maximum Legal rate thereon from date of payrrrent all of which Mortgagor hereby agrees to pay; permit nu waste on said premises; keep and comply
<br />with alt the agreements and conditions of the Bond fur 3 22, 400.00 this day given 6y the said Mortgagor to said ASSOCIATION, and comply
<br />with aN rho requirements of the Constitution and By-Laws of said ASSOOtATION; then these presents s(taB become nuB and void, otherwise they
<br />shag remain in fuB force and may be foreclosed at the option of the said ASSCCIATION after faavm fur three months to make any of said
<br />payments m be three months k arrears k making sasd monthly payments, or to kztp and wmply wrih the agreerxn[s and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />!f there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, thin rho enure remaining mdeb[zdness hereby
<br />sected shall, at the option of The Equitable Building and Loan Association of (;rind Island, Nebradta, become irmnediate!y dos and payabk withqut
<br />further notice, and the atmrtmt remaining due under said bond, and any other bond iqr any additional advanixs made thereunder, shag, from the
<br />date of exerciu of said option, boar interest at the maxinwm legal rate, and this mgrtgags may then be foreclosed to satisfy tree amount dos on said
<br />bond,and any other bond fos additional advances, together with all sutrrs paid by said 'fhe Equitable Building and Loan Asu,ciaGun of Grand island,
<br />Nebraska fqr insurance, taxes and assessments, and abstracting extension cttactses, will[. interest thereon, from date of paynKnt at the maximum
<br />logai rate...
<br />As prgvided in the Bond secured hereby, while this mortgage remains in effect the mortgagee nuy hereafter advance additional sums to [he
<br />makers of srtiJ Bond, their assigns w successors m interest, which sums shall be within the security of [his nwrtgage the same as the funds ongimiBy
<br />secured ther~y„ tJte total aawunt of principal debt nut [o exceed at any Gins the anginal amount of this mortgage.
<br />-` 17r~ied ~ 10th ' dayo~ i>ttovember A.t).,/iv $0
<br />-i f ,
<br />~-- ~ r ~ i_ ~L."~ ~ eri~ld,W. Jones ~~
<br />~--- (~~- ~- - ~` ~F t ~. ,
<br />Doris L. tin l~r ---SiS3A`bf5'~-~Jdr'fi~`-~_
<br />STATE OF NEBRASKA. I
<br />ts. Cm tttix 10th. day of November is 80 ,bseore rice,
<br />COUNTY Ot~ tIALt.
<br />Charles R, Winkler and Doris L. the undersigned,a Notary Nubfic in and for said County, persortaliy came
<br />Winkler, husband and wife AND Gerald i•J. Jones drill whn are personalty known to
<br />Shar~n R. Jon s, husband and wife,
<br />me to the iden ' persons whose names d re affixed to the above instrumsxit as xnor~gagur S and they asverally
<br />a,itsww'tztigod iht: said inarrunw.ut to bs the 1 r wluntary net and deed. ,
<br />wl7'N7=SS sty hand and Nqiariat Seal the date a4ucsaid.
<br />My Comn+ ~ _,_ + I _
<br />°`? ! t,1. i r 1 _ ~-<:, -... 'r;' .. 'tic lacy FythHc
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