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79-?00328
<br />b10RTGAGE
<br />MORTGAGE LOAN N0. L 23437
<br />KNOW ALL MEN BY THESE PRESENTS: That Dennis L. Ryba , d sing 1 e person
<br />Mortgagor, wheiher one or more, in wnsideration of the sum of
<br />Forty Four Thousand and No/100---------------------------------------------------- DoLLARs
<br />loanrd to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, ilortgaget, upon 440 shares of stock of
<br />said ASSOCIATION, Certificate No. L 23437 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />LOT TWO (2) IN BLOCK TWO (2), IN WESTROADS ESTATES
<br />IN THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER
<br />OF SECTION 35, TOWNSHIP lI NORTH, RANGE 10 WEST OF
<br />THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br />togtihrz with aFl Yht tenraxnts, hereditaments and appurtenances thereunto belonging, including attached t7oor roverings, ail window screens,
<br />window shades, blinds, storm windows, awnings, heating, air mnditiening, and plumbing and water equipment and accessories thereto,pumps,stoves,
<br />refrigerators, and other Fixtures and equipment now or herea(ter attached to o; rued in connection with said real estate.
<br />And whereas the said mortgagor has agrtea and does hereby agree that the mortgagor shah and will pay all taxes and assessments levied or
<br />assessed upon said premises and upon tiffs mortgage and the bond secured thereby before the same shat become delinquent: to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of 544 ,000.OD payable to said ASSOClAT10N and to deliver to said
<br />ASSOCL4TiON the policies for said insurance: and rot to srommit ar permit any waste nn or about said premises;
<br />In are of default in the performance of any of the terms and rnnditions of this mortgage ar the bond secured hereby, the titortgagee shall,
<br />on denaad. be er.*.itled to immediate possession of the mortgaged premis<•s and [he mortgagor hereby assigns, transfers and xts over to the
<br />mortgagee -ail the rents, revenues and income Yo be derived from the mongaged premises during such time as the mortgage mdebtedneu shag remain
<br />;utpaid: and Yht mongagte shad havr the power to appoint any agent or agents it may desire for the purport of repaizing said premises and renting
<br />the sank and caBecting the rents, revrnues sad 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 collecting rentals thereirom: the balance remaining, ii any, to be
<br />applied toward the discbamt of said mortgage indebtedness; these rights of the mort¢agee may be exercised at any time during the exi:.tena of such
<br />default. irrtspectivr of any tem~oran• waiver of the same.
<br />These Presents, howty<r, art upon the Condition, That if the said .\tortgagar shad repay said loan on or before the rnattuity of said shares by
<br />payment: pry monthly z ~ said .4SSOCIATiOti of the sum specified in the Bond secured hereby as mcerest :nd principal on said loan, on or before
<br />rise Twentieth day of each and tven~ month, until said loan is fully paid; pay all taxes and assts>;nenas levied against :+id prtmias and or. this Mortgage
<br />and rite Bond secured thereby. befcre delinquency: furnish approved insurance upon the buildings thereon in the sum of S 44 ,000.OD payable
<br />ra said ASS(3CIAT10\: repay re said .4SSOC1AT16N upon demand all money by it pail far such tarts, assessments and insurance with interest at
<br />tix maximum legal rate t}terean from date of yayment av of u•h:c,`, Mortgagor htreby agrees to pay: prrmii na waste on said pzt...iscs: keep a: ~ imply
<br />with alt the agrcerrxnts and conditwns of the Band far S 44 ,QQQ, QQ this day given by the said 4!origagor to said ASSOCIATION, and Wmp}y'
<br />with aB the requircments of the Constitution and By-Laws of said ASSOCIATION; thin these presents shall become null and vroid, otherwise ihty
<br />shall rtmain in full force and may be foreclosed at the option of the said ASSOCIATION afrtr failure foz thret months to make any of said
<br />payments or be three months in arrests in making said monthly payments, or to keep and comply with the agreements and ronditions of said Band;
<br />and Mortgagor agrees to Nava a recenrr appointed forthwith in such foreclosure proceedings.
<br />If there is any dtangc m owntrahip of the real estate mortgaged herein, b}' sale ar otherwise, then the entire remaining indebtedness hereby
<br />secured chat, at the option of The Equitablc Building and Lean Association of Grand Island,Nebraska,become izztmediately due and payable without
<br />further notice, and the anrount rcmatnirg due under said band, and any other bond far any additional advances made thereunder, shag, from the
<br />daft of exercise of said option, bear irturrst at the maximum kgai rate, and this ttwrtgage may thee. be foreclosed to satisfy the amount dx on said
<br />band, and any other bond far additional advances, together with all sums paid by slid The Equitable Building and Loan Assa:iation of Grand island,
<br />Nebraska for insurance, tares and assessmenu, and abstra~ing extension charges, with interesT thereon, trom dart of payment at the maximum
<br />kgai rate.
<br />As provided in the Bond sstured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br />makers of said Bond, their assigns of successors in interest, which sums shall be within the security of this martgags the saint as [he funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any tirrrc the original amount of this mortgage.
<br />T~atta this 29tH day of May ~. fl., 19 79
<br />Dennis L. Ryba
<br />STATE OF NEBRASKA, ~- pn this day of 19 , bsforc ms,
<br />cant-rY /~ tIAtL 29th May 79
<br />the undctsgned, a Notary Public in sod for said County, personally carne
<br />Dena#s t. Ryba, a single person
<br />tree to be the ~ertticat person whose name # S affixul to the above
<br />acknowkdgtd the said instnunsnt to be n # "s voltmtsry act and deed.
<br />ARTNESS my hand and Notarial Seal the dart aforesaid.
<br />My Commission expirts
<br />~ QEBEiAlN97ARY-SYxtt.ntA's§rastt1 -"
<br />a-' m m ~ JOY M. 8£:i:EY /
<br />!ty Gonsm, E>GW Sept. 1,1981 ~ e~
<br />who # 5 personally known to
<br />as mortgagor and he _ severally
<br />
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