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<br /> 7s-- U015�7
<br /> MORTGAGE "
<br /> MORTCAGE LOAN NO.�23.043
<br /> I KNOWALLMENBYTHESEPRESENTS:That Daniel P. Kobza and Marilynn E. Kobza, each in his and I
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<br /> her own right and as spouse oP each other,
<br /> Mortgagor,whether one or more,in wnsideratlon of the sum of
<br /> ' Thirty iVine Thousan�T�yo Hundred and No/100--------------------------------------DpLtnRs '
<br /> Ioaned to said moRgagor by The Equitable Building and Loan Association of Grend Island,Nebraska,Mortgagee,upon 392 shares of stock of ��
<br /> j said AS50CIATION,CertiFcate No.L 2$�Q4� ,do hereby grant,convey and mortgage unto the said ASSOC[ATION the fotlowing
<br /> described real estate,situated in Hall County,Nebraska:
<br /> � LOT SEVENTEEN (17), BLOCK THREE (3),
<br /> : j NORMANDY ESTATES, AN ADDITION TO THE
<br /> ' CITY OF GRAND ISLAND, HALL COUNTY, -
<br /> NEBRASKA.
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<br /> ��`( together with all tl�e tenements,hereditaments and appur[enan�xs thereunto belonging,including attachsd ftoor coverings,all window screens, �� �
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, �
<br /> :..�� refrigerators,and other fixtures and equipm,ent now or hereaher attached to or used'ui wnnection with said real estate. .
<br /> �` And whereas the said mortgegor has agreed and does hereby agree thxt the mortgagor �all and will pay all taxas and asx�unents lened ar �
<br /> � � auessed upon said premises and upon tltis mortgage and the bond secured thercby before the same shall become delinquent;to furnish approved �
<br /> � # insurance upon the buildings on seid premises situaced in the sum of$ 3��2�0.00 payable to said ASSOCIATION and to deliver to seid
<br /> :i, ASSOCIATION the policies for said insurana;and not to commit or permit any waste on or about said premius;
<br /> { In case of default in the perCormance of any of the terms and conditions of this mortgage ur the bond secured hereby,the mortgagee stuit, �z�
<br /> ,_,� on demand,be mti[led to immediate possessiun of the mortgaged premises and [he mortgagor hereby assigns, transfers and seu over to thz �
<br /> mortgagee all the rents,revenues and income to be derived from the mortgaged premise,during such time as the mortgage indebtedness st�ell remain �
<br /> unpaid;and the mortgagee shall have the power to appoint any agrnt or agents it may desire for the puzpose of repairing said premises and renting
<br /> � the same and collecting the rents,revenues and income,and it may pay out of said income all expenus of repairing said premises and neceuary
<br /> commiasions and expenses incurred in renting and managing the same and of collecting mntals therefrom;the balance remaining,if any,[o be _
<br /> _,Y app lied toward the discharge oC said mortgage indebtedness;theu rights of the mortgagee may be exercised at any time during the existence of such � . ;,
<br /> } default,'urespective of any[emporary waiver of the sama E��
<br /> � Theu Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br /> '�� payment;pay monthly to said ASSOCIAT[ON of the sum specified in the Bond sewred hereby as interest and principat on said loan,on or before � � �
<br /> �::.� the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and asussments levied against said premixs and on thi5 Mortgage .
<br /> . and the Bond secured thereby,before delinquency;Curnish approved insurance upon the buildings thereon in the sum oC S39 s 2�0•00 payable . � . . .��
<br /> :r to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such[axes,asussmrnts and insurance with interest at � � _
<br /> ffie 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 /> �' wich all che agreements and conditions of the Bond for S 39 ZOO.00 this day given by the said Mortgagor to said ASSOCIATION,and comply � �
<br /> ! with all the requiremen[s of the Constitution and By-l.aws o�said ASSOCIAT[ON:then theu presents shall become null and void,otherwise thry � �
<br /> shall remain in full force and may be foreclosed at the option of the said ASSOCIAT[ON after failure for three months to make any of said � . � � � ��
<br /> � payments or be thrce months in arrears in making said monthly paymen[s,or to keep and comply with the agrcemrnts and conditions of said Bond; .� . � - �
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br /> If there is any change in ownership of the rwi estate mortgaged hercin,by sale or otherwise,thea the mtire remaining indebtedness hereby ' � �
<br /> � ; seeured shail,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without .� � � . .
<br /> ����+ further notice,and the amount remaining due under said bond,and any other bond for any additlonal advsnces made thereunder,shall,from the .� . �� �� � �� .
<br /> =�� date of exezcise of said option,bear interest at the maximum legal rate,and this mortgage may then be forecloxd to satisfy the amount due on said . �
<br /> `����.� bond,and any other bond for additional advances,together with all sums paid by said The Equitable Bu�7ding and Loan Association of Grand Island, � � � . �
<br /> �,�� Nebraska for insurance,taxes and assessments,and abstracting extrnsion charges,with interest thereon,�from date of payment at the maximum - �
<br /> Itgat rate.
<br /> i As provided in the Bond xwrcd hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to th� � �
<br /> � maicen 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 /> ,.��,� seeured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage. . �
<br /> � na a rt�g , 22n aa March A.D.,i9�$
<br /> : 3 �---� I J���� � „z� ��
<br /> Daniel P. Kobz ,Mari ynn E Kobza —�
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<br /> i S'LATE OF NEBRASKA,t
<br /> � ss. On this 22nd, day of March 197$ ,before me, '' � '
<br /> COUNT'Y OF HALL j
<br /> Daniel P. Kobza and Mari1 nn E. Kobza, each l� �eundera�sned,allotaryPubBcinandforsaidCounty,personallycame
<br /> y his and her own right and as spouse of � r � .
<br /> ea Wno are perwnally known to � ': F
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<br /> ���F( 1 pedon 5 whose navu S dre affixed to the abow instrument as mortgagor5 �and thEy sewratlY =
<br /> ;� " S��`t��y�la'� " rument to be the i r wluntary act and deed_ �'
<br /> �{ ., ��;, . 9f�VI my hand and Notarial Seal tbe date aforesaid. � 'R� �'�'+''
<br /> NOTApY ` ,,.:.;�,> �,�.,s
<br /> j ' �� Fa " n�.exp"ves t 1��,�_,J/'� ����
<br /> �CU�.'NMISSIOiV . �,_..����.i� �
<br /> ' EXf iRE ` � r\ — Notary Public
<br /> � �.'f�31 L`;����' lJ
<br /> J' �: � �1�.�F NE�``�P�
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