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<br /> R101t1Y;AG1i LOAN NO._ L 22,5�� ^^ _
<br /> , xNt�wnctn�Nxuv�tir•sGe�rs�rrrs:�7�� baniel P. Kobza and Marilynn E. Kobza, each in his and
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<br /> lier own right and as spouse of each other, .
<br /> . __`_"Mu�tgeE{oq t��hethcr one or more,in cvnnidcrathm of Uic�um uC .
<br /> ; T�vent;�-six Thnusand and NoJ100--------------- ���L,��
<br /> Iwtti4i to said murlga�r by The L'quita6M Tluild'uig aud Luan Asaiciatiun uf Crnnd lalaud,Ncbraska,Muttgagce,upun 'L60 aharet of ttotk of
<br /> �;d !l�.,'Sl,y'IiTlC'N.�e:t:!>�...N,c.i: 22+��n ,uo i�r�i8y�tiani,con�Cy an�i�n.xigage untu the eatd AS�UI'IATION tlie l'otlowing
<br /> AesuiUed rcal tatate,aituafel in Hall Cuunty,NebrnsAa;
<br /> LOT SEVENTEEN (17), aLOCK THR[E (3),
<br /> NORMANDY ESTAT[S, AN ADDITInY TO THE
<br /> CITY OF GRAND ISLI�YD, HALL COUNTY, NE3RASKA.
<br /> :_
<br /> Wgether wilh all Ilte tenements,hereJitamenls and appurtenan��es qiercunto belangin�,including attaclied Ouor W�+eringa,all a'indow xceeene,
<br /> aindo�a shadez,blinds,stomi windo�as,awnings,heating,air conditioning,anS plwnbing and�cater ryuipment anJ a�Y-esavrics thrmta,pumpa.ato�ra,
<br /> rcfri�erators,and uthcr lictures anJ equipment non•or hercaRcr attached W or used in mm�ecliun aiih slid mal catalc.
<br /> And+�hercas Qw u�id mort�ur lus a�irced and Juea hcre6y agrce tiiat Qic murtgagur ahall and�ei11 pay all tasea and assesaments lcvieS or
<br /> asus:rd u�wn aaid��rcmi�cs 2nd u�wn Ihis nw�tgagc and the bcind secuicJ d�creby bclbre Uu s�me shall Lettme del(nyucnt;tu 1'umisti approscd
<br /> - insurancr upem the buildiiuts on said pmmises situated in thc eum of S Z(,QOQ.QQ �`ayaBle la said ,1S50(:IATI�N and tn deli�sr t�s�id
<br /> � hSS(?CIATION the policics fur said insurance:mid�wl m�vnuuit ur prrmit any wasle en or a6uut said prcmiser
<br /> In csu of deCault in the pedumian�ro of any of thc�emie and ronditiuns oC diia mortgage or the hond ucurcd herehy,ihe me�igaqee shxli.
<br /> un drniand,6e enii�led to inuncdiate pusscssiun u(the mortg�cd pmmiva and the nwd�agun c�ceby assigns, aansler:and acts o�er to Ihe
<br /> m��ripagce ell the rcnts,re�c�iuen and incumc tu be deri�rd Rum the murtga�ed prcmises duri��sud�tunc as the murtgage indeStedneu shall rcmaio
<br /> . unp�id:�id the tno[lgagce sl�atl have the puwer to appufnt�ip apent ar agcnt:it n�a��desire(ai thc purpuse a[repauinp said pmmixi and mnW�¢. � �. . . �
<br /> tl�c sanx and��Ilecthtg thc rcnts,re�ciwca and incvmc,and i�ma�•pay�ut of said in vme all expeiucs ol mpairinp uiJ pmnu<er and necessa�y
<br /> �Ynamissiuns and ex(xnus incurrcd in ienting and managing Ihe samc and uf mlletling rcntals�herefrom:dm balan�r mn�aining,i(any,to Ge
<br /> ; ap(�ISed tci��yrd thc diuharge uf said mort�c indebtedneu;dicse rights uf�he ow�tga4ce may be exe�riseJ at any timc duting the esLdcncc uf sudi
<br /> i dctnult,irmspccti�r u!any�em�x��an•���ai�<r of the samc.
<br /> ? Thesc P�esents,ho��e�er.3m upun tiie l'�nditinn.Tlial ii'dic siid�tortgagur shali rcpay said luan on ur Leforc Uie maturity of said shares h�
<br /> papment;pa��monthl�•to xaid ASS(H;IATfON uf the sum speeilied in the llonJ secured hercby as fatercat and p�incipal on said loaa.un ur 6elurc
<br /> - the T'ueo�ictt�day uf cach and e�rrv mon�h,until said luan is fully paid;pa�•all�asc:and assesaiuents le�icd against said pMmisc:andun tliis�fortgxgc
<br /> and ihc Noud x�cumd tluirby.6cCore dclinyucnc��:I'urnish appro�rd iusurancc upon Ihc buildings diemun in�he sum u(S zb.��Q•Q�pa�'ni,le
<br /> LU SeIcI ASSOCLATION:tC�+ay tii safd ASSOC(til'ION upun dcntand all monev I)Y It�17W(Uf SUCIt l0%C7,alCS1111Ct1�5 dil(�II15Ufdlll'C�\'illl IIItRtC3I SI �
<br /> �he masimum Ic�al rale Qtcrcon I'wm dale uf paymm�l all uf which Mutt�agur licrcby aFtrces tu pa?:Emnnit n.�wos�e un said ptemiscs;kccp and�vmply � � �
<br /> ��'ith n�l thc a�recnunta anJ mndi�iuns�f thc Oond for 5 z(�O��.00this day gi�cn hy thc said�lurtgagur to<aiJ ASStX:[ATION,and.vmply
<br /> ��'i�h all lhc rcquircnxnts o(thc l'unstitu�iun and NyLa�ra uf said ASS(X:IA1'IUN;tlun tlicse prcaanls shal!becume�mll and�rid,uthcneisc Ihey .
<br /> �lwll remain in full furcc and m.rp bc I��reclusrd at�hc option uf the said ASSOCL�110N after failwc tor throe monttn iu make any uf said
<br /> paymenta or be thrce nwnths in armars in makin�;s�W monrtdy payments,or tu kcep and cumph•wi�h the ngreements and ionditiuns uf s�iJ Uund;
<br /> and�1o�lgy;or agtcci Io ha�r n rccci�rr nppuinlcJ furtl�with in such farcdusurc pruceedittp.s.
<br /> If tlicte is any changc in o��•nership af thc�cal cstate nro��gaged hercin,by uic ur uiheneiu,then the entire rcmainii�t indc6ledncu hercby
<br /> xcured sliali,at the uplion oC 7he Eiyuitable UuildiiUt and Loan Assucia�ion uf Grend Island.Neb�aaka.be�vme inunediatelv due and parable Nitlmut
<br /> furthcr noti:c,and the amuunt rcmaininµdue widec said hond,and an�•othcr hund tor any additfonal ad�an�r�madc thcrcunder,shali,Imm thc
<br /> datc of cacrdx of said option,bc�r intcrcal a[the ntaximum icg�l nte,aud tliis mo�tgage may thco 6c furccWsed/u satisl'y ilie amouul due un taid
<br /> bund,anJ any uther bund[ur ydditiunai advan��es,Wgeil�cr�eiUi oll sums paid by a�id 11te L'yuitablc Building und Luan Association utGtand Island.
<br /> Nebraska for inswonce,taxei and assenmeut:,nud abstrachng eskasion clia�gc3,�vith interest thereun,Gom date uf pa��neut at the u�asinmm
<br /> Icgal talc,
<br /> Ae�wvidcd in the l3ond aecurcd hacby,whilc this nw��pagc rcmaiiu in cilect the muctgngce may hcrcafter ad�an�r additimial<wns to thc
<br /> . mskcrs ul aaid Ilond,tlicir�ssi�ns nr succcesun in in[c�esl,a�hicl�aums shail bc+rithin the ucurity of this nwcipnpe the same as�he iwida o�iµinall�• �
<br /> sccwed therchy,thc total amount uf principa(dcbt nut to ex��ced at any Uroe thc original amuunt uf this muctµnga
<br /> ���n inis r 2 st�'�� �r,'� March n.n iy77
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<br /> Daniel P. Kobza Mari ynn E.' Ko za __
<br /> i S'TATL'Of NGBkASKA, u. Un Ihis 215 C day of r1�1 t'Ch 19 �� ,bclbrc m¢,
<br /> CQUN'1'YOCIfALL� ,,,� rr:,
<br /> qto undcrsiFneJ,n Nufary Pulillc In nnd fu�s id t'.uunq�,�xrnmall�crme
<br /> Daniel P. Kobza and Marilynn E. Kobza, each in his and her nwn right an� as spouse o� each �+ -
<br /> other �''�,+A1�� ahu �YC' ��e�annallyknoH�ntu �
<br /> � me to bc the �l�rwq,�lc(�, vhox��amos g� al'fixed lu thc abu�z inslrurocnt aa nwctgaycur S vid t�l�y sc�zretly �'
<br /> aclumwic �ipy�idin:tnu»�it►,t� their �'uluntaq�aclandJced. �
<br /> •� r��ii'riv hagd an Natacial3cal thc dalc a(orcsaid. ��j
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