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<br /> �8-'�)[l2405
<br /> MORTGAGE
<br /> ' � MORTGACE LOAN NO. � ' �
<br /> KNOWALLMENBYTHESEPRESENTS:That Bruce Jakubowski� d Sl►ly�e PEt^SOfI
<br /> Nine Thousand Eight Hundred and No%100----------__ Mo�i�go�_wheu,e�oneormo�e_�co��ae�ac;onoetnes�moe '
<br /> DOLLARS
<br /> loaned to said mortgagor by The Equitable Buildin and Loan Association of Grand Island,Nebraska,Mortgagee,upon 9$ shares of stock of
<br /> said ASSOCIATION,Certificate No.L 23•��� ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described rcal estate,situated in Hall County,Nebraska: � � �� .
<br /> 7NE HESTERLY TWENTY-SIX (26) FEET OF LOT THREE
<br /> (3) IN BLOCK SIXTEEN (16) IN THE ORIGINAL TOWN, NOW
<br /> ' CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> �
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<br /> together with atl the tenements,hereditaments and a urtenances thereunto belon in yf��
<br /> PP g g,including attached floor coverings,all window screens, ' , �;:
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thercto,pumps,stoves, „�;
<br /> �; retrigerators,and other fixtures and equipment now or hereaFter attached to or uxd in connec�iun with said real estate.
<br /> � ' Md whereas the said mortgagor haz agreed and does hereby agree that the mortgagor shall and will pay ali taxes and essessments levied or �
<br /> ( assesxd upon said premises and upon this mortgage and the bond secured thereby beforc the same shall become delinquent;to furnish approved
<br /> � insurance upon the b�sildings on said premises situated in the sum of 3 9�$QQ.QQ payable to said ASSOCIATION and to deliver to said �
<br /> � _ ASSOCIATION the policies Cor said insurance:and not to commit or perrrut any waste on or about said premises; � �
<br /> �. . In case o(default in the performance of any of the cerms and wnditions oC this mortgage or the bond secured hereby,the mortgagee shall,
<br /> � on demand,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, iransfers and sets over to the �
<br /> 1 mortgagee all the rcnts,revenues and income ro be derived from the mortgaged premises during such time as the mortgage indebtedneu shall remain ��
<br /> f� � unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and rcnting . ' �� r`4 -
<br /> -i �the aame and collecting the rents,revenues and income,and it may pay out of said income all expenses oF repairing said premises and necessary
<br /> rnmmissions and expenus incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be �
<br /> ' app6ed toward the discharge of said mortgage indebtedneu;these rights of the mortgagee may be exercixd at any time during the existrnce of such �
<br /> �? detault,irrospective of any temporary waiver of the sama �
<br /> These Preunts,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or befare the maturity of said shares by
<br /> -j; . payment;pay monthly to said ASSOCIATION of the sum specified in the Bond ucured hercby as intemst and principal on said loan,on or before �
<br /> � the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage �
<br /> `.� and the Bond xcured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$ 9�$QQ.QQ payable
<br /> t to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid far such taxes,assessments and insurance with interest at � � "
<br /> '1. the maximum legal rate thereon from date of payment all oF which Mortgagor hereby agrces to pay:permit no waste on said premises;keep and comply � �
<br /> ' with all the agreements and condicions of the Bond for$ 9�$QQ.��this day given by the said Mortgagor to said ASSOCIATION,and comply �
<br /> �.# with all the requiremmts of the Constitution and By-Laws of said qSSOC[ATION; then these preunts shail become null and void,otherwise they �. � � ��
<br /> �shall remain in full force and may be forecloud at the option ot the said ASSOCIATION ufter failure for three months to make uny of said
<br /> ;{ payments or be three months in arrears in making said monthly payments,or to keep and comply with the agreemenis and conditions of said Bond; � �
<br /> and Mortgagor agrees to have a reaiver appointed forthwith in such Coreclosure proceedings. �� � ��
<br /> If there is any change in ownership of the real estate mortgaged herein,by sale or otfierwiu,thrn the rntim remaining indebudneu hereby �
<br /> ; seeurcd shall,at the option ot The Equitable Building and Loan Association of Grand lsland,Nebraska,become immediatety due and payable without � � �
<br /> � furiher notice,and the amount remaining due under said bond,and any other band for any additional advances made thereunder,sha11,frum the �� -
<br /> �i . date of exerciu of said option,bear interest at the maximum legal rate,and this mortgage may then be forecloud to satisfy the amount due on said
<br /> r bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan puociation of Grand Island, ��
<br /> �' Nebraska for insurance, taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum �
<br /> -� legalrate. � .
<br /> '�j As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the �
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within the ucurity of this mortgage the same as the funds originally
<br /> ucured thereby,the total amount of principal debt not to extted at any time the original amount of this mortgaga � � �
<br /> '! naua tws th. aey or pri 1 A.D.,i9 78
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<br /> � ruce Ja u s
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<br />��
<br /> STA2E OF NEBRASKA,t
<br /> i ss• on tt�s 25th. aey or Apri 1 i978 ,before me, � �
<br /> COUNTY OF HALL J ,4 , '
<br /> ��: , . . the undersigned,a Notary Public in and for said County,personally came � �t��� �
<br /> �c ; B+uce Jakubowski, a single person�„ho is personallyknownto <�'` �'
<br /> �}pbat�2'{�h person whoae name j 5 affixed to the above instrumrnt as mort
<br /> ^� �'"�c�E��y�,, gagor and h@ Xsl[aE]�ap�t � x �
<br /> •!-��wu��'�jie inakuaxntto be {ll S wluntary act and deed_ t�= '��
<br /> �� p pT;��y ; my hand and Notarial Seal the date aforexid. ��
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<br /> s 3 �EXFtFtES `� . P �"-�`� �1 1y� ..
<br />,� Av ,� n4�,:•. � �� . .
<br /> �- �l�D iZE���S�Q � Notary Public . .
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