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81.-uto06~~~ <br />MORTGAGE <br />MORTGAGE LOAN NO. L 2a~g06 <br />KN06V ALL MEN BY THESE PRESENTS: Thai Be171a1Y1 L. Wozny and r3lslla M. Wozny, each in his and <br />t>nr chin right and as spouse of each other, <br />Mortgagor, whether one or more, in consideration of tlx stmt of <br />hirtY~thrac 'Phrvtcanr3 Fiq~t HUndr2d Fifty and No/100 - DOLLAPtS <br />loaned to said tnortgagw by The Eauitabk Building and Loan Association of Grand Island, Nebraska, Mortgagee, upon 338 aharas of stoct of <br />said ASSOCIATION, Certificate No. L 23,906 , do hereby grant, convey and mortgs~ge unto rite said ASSOCIATION tlb follOVrfng <br />described real estate, situated k Hall County, Nebraska: <br />Lot 1t,~lve (12), Block Zto (2j in Southern Acres Addition to the City of Grand Island, <br />•Hall Ctwnty, Nebraska <br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverirtgs,.ail window aeeems, <br />windaw shades, blinds, stoem windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pttraps,atovea, <br />rcfrigeraton, and other fixtures and equipment now or hereafter attached to or used in connechun with said real estate. <br />And whereas the said mortgagor has agreed and does hereby agree that the mongagor shall and will pay all taxes and asresstffiats levied or <br />assessed upon said premiscs and upon this mortgage and the bond sec~•red thereby before the same shall become delinquent; to famish approved <br />insurance upon the buildings on said premixs situa[zdirt the sum of 5 33, 850.00 payable to said ASSOCIATION and to deliver to said <br />ASSOCIATION the puGcies for said insurance: and not to wmmit or permit any waste on or about said premises: <br />In ~ of default in the performance of any of the terms and wnditians of ttus mortgage ur the bond secured hereby, the rttortgagee shall, <br />an demand, be entitled to imrrtedixte possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the <br />rrtortgagee alt the rents, revenues and income ¢o ix derived from the nortgaged premrses dunng such time as the martgage indtbiedttcss shall remain <br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpase of repairing said premises and rentitig <br />the same and enllecting the rents, revenues and income, and it may pay out of said income ail expenses of repairing said premises and netxssary <br />commissions and expenses incurred in rertmg and managing the same and of collecting rentals therefrom; the balance remaining, if any, to be <br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time during the exisiena of such <br />default, irrespective of any temporary waiver of the same. <br />These Presents. however, are upon the Condition, That if the said Mortgagor shall repay said loan un ur befom the maturity of said shares by <br />payrnenr. pay monthly to said ASSO('iATION uC the sum specified in the Bund secured hereby as interest and principal nn said loan, on or before <br />the Twentieth day u(each and every month, wui! said Iona is fully pard: pay all taxes and assessments levied against said promises and on this Mortgage <br />and the Bond secured thereby, before delinquency; furnish approved Ensurance upon the buildings thereon in the sum of 3 33, $50.00 payable <br />to said ASSOCIATION; repay ¢o said ASSOCIATION upon demand all rrtuney by it paid for such taxes, assessments and insurance with interest at <br />the maximum legal rate thereon Crum date of payment all of which Mortgagor hereby agrees to pay; permit no waste an said prmnises; keep and comply <br />with all rite agreements and wnditions of the Bond far 533 8`~O ~ O~ this day given by [he said Mor¢gagor to said ASSOC[A'[70N, and comply <br />with aU the requirements of the Constitution and By-Laws 6f sat AS OCIATION; then these presents shall becorrte null and vaid, otherwise they <br />stall remain in full force and may be foreclosed at the aption of the said ASSOC1AilON after failure for three months to make any of said <br />payments or be three months m arrears in making said monthly payments, or to keep and comply with the agreements and conditions of said Bond; <br />and Mortgagor agrees to have a receiver appointed forthwith in such faredasurz prucezdings. <br />if there is any change in owmrship oC the real estate martgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby <br />sectued shall, at the option of The Equitable Building and Loan .4ssocia[ian of Grand island, Nebraska, become immediately due and payable without <br />fwther notice, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, shall, from the <br />date of exercise at said aption, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to satisfy the timotmt due on said <br />bond, and any other bond for additional advances, together with all aorta paid by said The Equitable Building and Loan Association of Grand Island, <br />Nebraska For instuance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum <br />legal rate. <br />As provided in the Bond secured hereby, while this mortgage remains m effect the mortgagee may hereafter advance additional stuns to the <br />makers of said Bond, their assigns or succeawrs m tnterca, which sums shall be within the security of this mortgage the same as the ftmds originally <br />secured thereby, the fatal amount ui prinapal debt not ru rxrroed at any time [he original amount of this rrtortgage. <br />Elated this 16}3; /: day of February A. D., 19 $1 <br />,,.` rnar <br />M. wJozrty: ` _ <br />STATE OF NEBRASKA, ss. On Ibis 16th day of February t9 81 , bsfcae rtw, <br />C011NTY OF BALL <br />the urtderaigned, a Notary Public in sad for traid County, paraoaatlyetpaa <br />Bertxird L, tdozny and >Zmta ~1. tvozny, each iri his aft her ocm right ~ as spotis,~~ to <br />other, are <br />tan to bt the tdcattcal perramg whose rtunei3 are affixed to the xbave inurtitnent as mu:tgago~, and tJ'y~r tavsrd{y <br />ttc3¢nowkdgad [hc tatd Inritturwrnt to br their vulunur} act and decd. - -- -~ <br />WITNESS my hand and Notarial Seal rte date aforesaid. ~ : -~~ <br />My Catttrntaswa txpueF~l~ r.1- .'j: „ ~. ff <br />usrsla[ xr t gNNY 4~sys - lsw r sstiwyr . <br />JOAlN[ Q f>pl/ii <br />~' ih~a ~ 14t[ Ig, SlNI <br />