The Hobgoblin goes for broke in his quest to put Spider-Man away forever! And it looks like nothing Spidey can do will stop him!
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Hobgoblin holds a very pregnant Liz & MJ as hostages until Harry delivers his father's journals to him. Of course, the Hobgoblin doesn't play fair, & it's up to Spidey to save his friends before they are killed. (Cover date: February, 1985)
I've always liked the cover to this one. Spidey beaten and Hobgoblin triumphant? Nah...
I first read this story in a Marvel Tales reprint. It was the first reference to the Green Goblin and introduced me to the Osborn family. I didn't know at the time what big roles they had in Spider-Man's life. It also offered interesting insight in the connection between the Green Goblin and the Hobgoblin.