|
,. �.,_ ,, , „� ,, , , „
<br /> r,, ,::.. , . �,, ,:. ,. � .a . . . � ,._ ,r.... . .J .: ,
<br /> ,G ��t= ..:;, � ,�.:.. „ ,;, �..ti.
<br />;�:�'
<br />� � �
<br /> i
<br /> � ��— a������
<br /> }
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. L 22H33
<br /> D
<br /> • r xrvowaLtMSNSYTttesEPxESENzs:That LeoSnard J. Gru�zinski, Jr. and Patricia W. Grudzinski,
<br /> each in his and her own right and as spouse of each other
<br /> Mortgagor,whether ane or more,in consideration of the sum of
<br /> Twent,K Seven Thousand Five Hundred and No/100---------------------------------- notLnRs
<br /> loaned to said mortgagor by The Equitable Building and Luan Association of Grand Island,Nebraska,Mortgagee,upon 2�5 sharesof stock of
<br /> >said ASSOCIATION, Certificate No:L ZZH33 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> ` described real estate,situated in Hall County,Neb�aska:
<br /> ' �i LOT FOUR (4), IMPERIAL VILLAGE FIFTH
<br /> SUBDIVISION, CITY OF GRAND ISLAND,
<br /> �
<br /> HALL COUNTY, NEBRASKA.
<br /> � � �� together with all�the tenements, heredi[aments and appurtenances [hereunto belonging, including attached floor coverings,all 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 other Gxtures and equipmen[now or hereaf[er a[tac}ted to or used in connection with said real estate. � �
<br /> . �And whereas the said mortgagor has agreed and does hereLy agree that the mortgagor shall and will pay all taxes and assessments levied or
<br /> assessed upon said premises and upon this morigage and the bond secured [hereby betbre the same shall become delinquent;to furnish approved
<br /> � insurance upon the buildings on said premises situated in the sum of$ 2]�5��.�� payable to said ASSOCIATION and to deliver to s7id ��
<br /> . � � ASSOCIATION the policies for said insurance;and not to commit or permit any waste on.or abou[said premises; . � . �
<br /> �. .�In case of default in tlie performance of any of the terms and conditions of this mortgage or die bond secured hereby,the mortgagee shall, � �
<br /> � . on��emand,be entitled to immediate pussession of the mor[gaged premises and the mortgagot hereby assigns, transfers and sets over to the .
<br /> � mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such[ime as the mortgage�indebtedness shall remain
<br /> � � unpaid;and the mortgegee shall have the power to appoint�ny agent or agents it may desire for the purpose of repairing said premises and renting
<br /> the sarne and collecting the rents,revenues and income,and it may pay out of said income all expenses of rePairing said premises and necessary
<br /> commissions and expenses incurred in renting and managing the same and of colleciing rentats therefrom; the balance remaining,if any,to be
<br /> �� applied toward�the discharge of said mor[gage��indebtedness;these rights of tha mor[gagee may be exercised at any time during[he existence�of such �
<br /> default,irrespectivc of any temporary waiver of the same.
<br /> � � ��These Presents,huwever,are upon the Condition,That if the said Mortgagor shall repxy said loan on or before the maturity of said shares by �
<br /> � ..payment;pay mon[hly to said ASSOCIATION o(the sum specified in the Bond secured hereby as interest and principal on said loan,on or before
<br /> � � the Twentieth day of each and every mon[h,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage
<br /> and[he Bond�secured thereby,before delinquency;(urnish approved insurance upon the buildings thereon in the sum of$2]��jQQ.QQ.� payable � �
<br /> ��� to said ASSOC1AT10N;repay�to said ASSOC1AT10N upon demand all money by it paid for such taxes,assessments xnd insurance with in[erest at ��
<br /> the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> with all the agreements and conditions of the Bond for$2] SOO.OO this day given by the said Mortgagor to said ASSOCIATION,and comply,
<br /> with a11 the requirements of the Constitution and By-Laws of'said ASSOCIATION: then these presents shall become null and void,otherwise thay`
<br /> �shal!remain in�full force and may be foxeclosed a[the option of the said ASSOCIATION after failure for three months to make any of said v�.
<br /> . .� payments or be three�months in arrears in making said monthly payments,or to keep and comply with the agreemen[s and conditions of said Bond; �
<br /> � � .�and Mortgagor agrees[o have a receiver appointed forthwith in such foceclosure proceedings. � . � �
<br /> . . If there is any change in�ownership of the real estate mortgaged herein,by sale or otherwise,then [he entire remaining indebiedness hereby
<br /> secured shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable wiihout
<br /> further notice, and the amount remaining due undar said bond, and any other bond for any additional advances made thereunder,shall,from the
<br /> date uf exercise of said option,bear interest at ihe maxirnum legai rate,and this mortgage may then be foreclosed to satisfy the amount due on said
<br /> bond,and aay other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br /> ��� � Nebrssska.for.insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the maximum - � .
<br /> 3ega1 rate.
<br /> As provided in the$ond secured hereby,while tliis 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 security of this mortgage the same as the funds originally � �
<br /> � .��secured thereby,�tfic to[al amount of principal debt not to exceed at any time the original amuunt of this mortgage. �
<br /> Dacea�n� 30 h. aay oe S ptember A.D.,19 77
<br /> :a a �
<br /> ard �d�'nsti , Jr.� �.
<br /> �_—
<br /> ,�.,
<br /> Patricia W. Grudzin i fi
<br /> STATE OF NEBRASKA,�� o�in�s 30th. dey of September is 77 ,before me, � ^ '�
<br /> COUNTY OF HALL �r`�� �'
<br /> the undersigned,a Notarq Public in and for said County,personally came p*>
<br /> ; �^.
<br /> Leonard J. Grudzinski , Jr. and Patricia w. Grudzinski , each in his �nd her own ri��t and � '•
<br /> � w o person y known to ��.,
<br /> as spouse of each other are ��},���#
<br /> me'to be the identical person S whose name S 81"E. affuced to the above instr as mortgagor S and they u�e:auy ;�i="�
<br /> ' thei r ,:.�
<br /> ti acknowledged the said instrument to be voluntary act and deed.
<br />�- ` WETNESS mv hand and Notazial Seal the date aforesaid: � ,
<br /> My Commission expires �
<br /> � � �pENERAf,NO7RpY•5tato @t Nn6P�i �,/ !� � � Notary Public
<br />��� G.1RMRt� � FRe�wnw�� f.Y1,Cl�li4�. � J� � /7�� . . . . . .
<br /> _ w . . • ' �
<br /> � �;�...:��m' �y r,�,mm.Exa•nw i�;1d7'fY
<br /> �
<br />� J
<br />
|