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<br /> 77r U[1f ? 06
<br /> MOitTGAGE
<br /> MORTGAGE LOAN NO.� 22�.5��
<br /> � KNOW ALL MEN BY THESE PRES£N7'S:That Gerat d J. Kosmi cki & Judi th J. Kosmi cki , each i n hi s
<br /> and her own right and as spouse of each other
<br /> Mortgagor_whether one or more,in conaideratlon of the wm of
<br /> Thirt�y Ti+ousand and No/100------------------------ ---------------- noueRs
<br /> lawed to said more=fgor by The Equiubk Building and Lurn Association of Grand Island,Nebra�ka,Moitg;aee,uynn 3�Q dwre:of riock of
<br /> nid ASSUCIA710Sd,Certifipu No. L 22,$51 ,do hereby gram, convey and mortgsge unto the said ASSOClATION the foUowit�
<br /> deteribed real auate,sitwtad in Hall County,Nebrsa�a:
<br /> LOT FIFTEEN (15), IN BLOCK THREE (3). LAKE
<br /> DAVIS ACRES SUBDIVISION,HALL COUNTY. NEBRASKA
<br /> to��etlfer with a11 tl�e tentments, hereditaments and appurtenances thereunto belonging,induding a[txched fluur coverin�s,all window sueent,
<br /> window sludes,blinda,ctorm windows,awnings,huting,air conditioning,and plumbing and water equipment and accxuories thereto,pumpt,stovaa,
<br /> rs[ri�entor�,and other fixtures and equipmenc now or hereafte�attached to or uud in wnnection with sa�d real estate.
<br /> And whereu the eaid morteagor has agreed and doe�hereby agroe that the mortgagor shall and will pay all t�xe:xnd a�essments kvied or
<br /> areaed upon said premius and upon this mortgage and the bond secured thereby before the sartu shall become delinquenx;to furnish approved
<br /> insurana upnn the buildings on said premises situated in the sum of S 3O,QQQ.QQ pavable to said ASSOCIATION and to delivcr a caid
<br /> ASSOC1A170N the policies fo�uid incurance;and not to cornmit or permit any waste on or sbout sa�d premises:
<br /> ln p�e of default in the performance of my of the termc and condition:of this mongage or the bond mcured hereby,the morty�ec dfa11,
<br /> oa dem�nd,be entiiled to immed'uu posiession of the morigsged premires and the mortgagor hereby sssigns, transferc and �ets ovsr to tfie
<br /> aort�yee all tfie rentc,revenuet and income to be derived from the mortpged premius duri»g such time ss the mong�e indebtedr�thall nmaa�
<br /> �ap�id;and the mortgagee ahall have the power to appoint any ygent or reents it may desire for the purpoae of repauinB caid premisn and remia�
<br /> tde s�am aad coUectin`the renta,revenues rnd income,and it may pay oW of said income all expenses of repairin�srid pramirce aad neces�aty
<br /> ooe�wtio�ns aad s�eprnoes incurred in rentins and managing thc same and of collecting rrntalc therefrom; ehe balana remainMf,if any,eo 6e
<br /> s�trnvud the d�uhuge of said mortgage indebtednea;theee rights of the mortgagee may be exerciud at any time durin`ihe existena of nuh
<br /> Ae�uk.irrespective of any temporary waiver of the ume.
<br /> TNeu Presents,however,are upon the Condition,That if the uid Mortgagor il�al!repay srliJ yora on or beforc the muariry of s�id shares by
<br /> payw�ent;pay mwnchly to nid ASSOCIATYON of the sum cpecit�ed in the Bond secured heroby as interest snd pnncipal on raid loan,on or betoro
<br /> the Tventitth day of eaeh and every month,until said loan is fully paid;pay aU trxes and asccume"nti kvied sgains[raid premises and on thic Mort�qe
<br /> and t6e 8ond secured thereby,befwe delinquency;furnish approved insurana upon the building:thereon in the cum of S 30��.� prysbk
<br /> to tad ASSOCIATION;repsy to s�id ASSOC[ATION upon dtmand all money by it paid for such taxes,assesameats�nd insuranu wit6 intareu a[
<br /> tbe�ximum k�al nte thereon from dau of pryment all of which Mortgagor hrreby agrees to pay;permit no waste on said prem�sec;keep and eomply
<br /> with all the apecments and conditions of the Sond for S 3�,OOO.00 this day �ive�by tht said Mort�aeor to aaid ASSOCtAT10N,and eompiy
<br /> •r�h ail the requirements of the Conctitution and By•Laws of said ASSOC1ATlON; then these presents shaU become null and void,othewi�e they
<br /> aAap remain in full force and may be forecbsed at tht option of the aaid ASSOCIATION yfter failurc for three months to malce any of s�id
<br /> ptytaents ot be three rtanths in arreart in making said monthly paymentc,or to keep and comply with the agroements and conditionc of aid Bond;
<br /> and A1ort�or a�rets to have a receiver appointed forthwith in euch forecic�sure proceedings.
<br /> If then is any chaa�e in ownersltip of the real ectate mortgaged herein,by srle or otherwim,thm the ent'ue «msining indebtednest lurcby
<br /> reused thall,at the uptinn af The£quitable BuOding and Loan Aswciation of Grand Icland,Nebnslu,become immediitely due ond payabk without
<br /> futfher notice, and the amount remaining due under said bond,and any uther bund f�r any additional advan::cs made[hereunder,slwll,from the
<br /> dNe d ezercne of nid optiot�,bear interest at the maximum legal rate,and this mortgage may then be forcclooed to utisfy the amount due on stid
<br /> bond,and ney othar bond for�ddiaional sdv�naxc,together vith al!cums paid by said The Equitablc Building and Loan Aswcistion of Grand lsland,
<br /> Nebraticf fcK iwwrana,taxes and anestments,and aburutu+e extension chargec, with interest theroon, from date of payment at the matimum
<br /> M�Y nu.
<br /> Acp�ovided iw the Bond seeurcd hereby,whik this mongaae remains in effect [he mortgagee may hueafter advance additiona] surtu to tht
<br /> a�sas of nid Bond,their assifne or successors in interea,which sums stull be within the security oC tNs mortgage the nme as the fundi ori6inally
<br /> �ec�uo!tfiereby,the toW an�ount oC prinripal dcbt not to enceed at any time the origina!amount of this mortgaee.
<br /> //��t� 2�t�1�Y�{ October A.D.,I9 �7
<br /> �_.��i�/LeLs� /�t.Ti�19Z-e_�."er1/----
<br /> P a��7.` SR�1 C i"�_
<br /> v�.•a�'i�` .;Jii,--a-�....s. ,'.< �
<br /> J»Qi th J. Kos�aitki
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<br /> �T'�����•�R. a.,� 20th �,y,j October
<br /> �aa7ir o�tuu. �9 77 ,�r��. _ ,_. "�.
<br /> � 6erald J. Kosn�i cki and Jwdi th J. Kos�ei cki eac �n sd'an t Pubtic in anQ f T wa co„�ry.��.o�.uY� �"''
<br /> , �i�`�" cp�ier own ri g�it and as spouse of
<br /> !lC�1 Ot11lP �vho a re personally knwe w
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<br /> fns f0 Mt tlie iA�l penow5 a�Mre samt5 alTbeed to the abore iaurument n mo�g�gor5 and t112y sevenlly ;'',�,
<br /> sdc.s�ri�a.ie�e ie�rrsa�.o ee they •�oluatny aet.aa aeee. ' "
<br /> tIPl71WESf aiy hrd md NotariH Sa1 tbs d�u�!'orooid. � ' , , � .
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