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85-- 003664
<br />1MORTCAGE
<br />MORTGAGE LOAN NO. 1. Tar -
<br />KNOW ALL MEN BY THESE PRESENTS: That Norbert D. DcrszynsKi and Delores C. DOrszynSki
<br />each
<br />in his and her own right and as spouse of each other. M
<br />Toe Iva Thi">,r _ — no/ 7 QQ r ongnor, whether one or more, in consideration of the somri of
<br />loaned to said mortgagor by The Equitable Building and Loan Of Grand Island, Nebraska, o — LLAR$
<br />said ASSOCIATION, Certificate No. L r r$a. upon
<br />29 386 , do hereby 120 shares o[ stock of
<br />described real estate, situated in Hall County, Nebraska: y grant, convey and mortg unto the said ASSOCIATION the following
<br />Lot Four (4) , B lock Thirteen (13) , of Gilbert i s Addition
<br />to the City of Grand Island, Hall Catchy, Nebraska.
<br />together with all the tenement, hereditaments and appurtenances thereamo belongnrg, including attached now coverings, an window screens,
<br />window and other fttorrm windows. awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto. Pumps, stoves,
<br />ref eq picot now or hereafter attached to or used m connection with said real estate.
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assestruent levied or
<br />assessed upon said Premises and upon this mortgage and the bond secured therebv before the same shall become delinquent: to Remiss approved
<br />insurance upon the buildings on said premises situated in the sum of S 12, 000.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance: and not to commit or permit any waste on or about said Premises:
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shah
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby' assigns, transfers ants set over to nix
<br />g all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />tmpaid; and the mortgagee shall have the power to appoint any agent or agent it may desire for the purpose of repairing said premises as
<br />the same and collecting the rent, revenues and income, and it may pay out of said income all expenses of repairing
<br />ccuntrussious and expenses incurred in renting and managing the same and of collecting rentals therefrom: the balance premises and necessary
<br />be
<br />applied toward the discharge of said mortgage indebtedness: these rights of the mortgagee may be exercised at any time during arcs to be
<br />default, y temporary waiver of the same. uring the existence of such
<br />Irrespective of an tcm
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said shoes by
<br />payment; pry monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and
<br />the Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied prmcnpamn said loam, n or before
<br />and the Band secured thereby, before delinquency: furnish approved insurance upon the buildings thereon in the sum said of Sew 0 payable
<br />to sod ASSOCIATION: repay to said ASSOCIATION upon demand all money y it
<br />the maximum legal rate thereon from date of y paid for such taxes, a 12, 000.00 payable
<br />payment a[1 of which Mortgagor hereby agrees to assessments on and semis s; with interest at
<br />agreements pay; permit no waste on slid pretrdaes; keep and comply
<br />with all the ruirement Of the Constitution and By -Laws of said ASSOCIATION; then tthesetp said esertt�sFnallo r up and void, otherwise they
<br />!hail remain in full force and may be foreclosed at the option of the aid shall ASSOCIATION, and comply
<br />Payments or be three months in arrears in making said month) ASSOCIATION aft failure for three months to matte any of said
<br />y payments, or to keep and comply with the agreements and conditions of said Bond;
<br />Mortga6or, sacss to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any change in Ownership of the real estate mortgaged herein, b
<br />accused shall, at the option of The Equitable Building and Loan Association Of by Island e�isn�a then the 6ecomseenfire remaining indebtedness Eby
<br />further notice, and nix amount remaining dim under said bond, and any other bond for an additional advances due and payable without
<br />date of exercise of � option, bear interest at the maximum {eppl ate, and this mortgage y vanes mad° thereunder,:, from the
<br />bond,and any Other bond for additional advances, together with all sums may wee be ldrecloacd m satisfy the amount dire on said
<br />Nebraska €Or insurance, taxes and paid es said The Equitable Building and Loan Association of Grand Island,
<br />� ruse. nt, and abstracting extension charges, with interest thereon, from date of payment at the maximums
<br />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 s Bond, their assigns or successors in interest, which sums shall be within the sectmity of this mortgage the same as the funds originally
<br />accused thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage
<br />Dated this 31 t as
<br />S y of July A. D., 19 85
<br />i
<br />Ores 82�rng
<br />STATE OF NEBRASKA,
<br />COUNTY OF HALL ss On this 31St day of July
<br />1985 . beftxe cote,
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Norbert D. Dclrazyrtaki and Delores C. Dorszynski, each in hies and )�
<br />of each other, E,hrawn right
<br />MW to be the eile,ntieal are allcn&r
<br />pr S whom! names are affixed to the above instrument as mortgagor s and
<br />t
<br />acknowledged he said instrument to be their voluntary act and deed. _ y ray
<br />WITNESS my hand and Notarial Seal the date aforesaid
<br />My Commission ex ire /,
<br />nt%ZMice RIg1�MaNrAMnr6 �1l / -L1 ��j' >�i�`r
<br />Notary Public
<br />4 ROl5I
<br />1W hot 2b, T
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