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<br /> � MOR7GAGE�aWnq� and Loan Fa�m—(Dkect Crodlt Plan) 255•2 (SpeclaU �� � .
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<br /> �:` �- t?00 MORTGAGE
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<br /> �r 30th December 76
<br /> . Tfi1S iNDENTUItE,�mada tA+e day ot ,19_.6q md botaesn
<br /> � KARL THIEL AND HELEN Id. THIEL, hus6and and wifo, each in his and her own riqht and'
<br /> `. �3 as spouse of the other,
<br /> .S ��, �af_ Hd I�I � Caualy,�Nebrmka,aa mortgagor 5 and Home Fedewl Savinge and I,oaa Aasodation o}Graad leland,��
<br /> �Lj � a corpomtion oiganiaod and exiating under�tha lawe af Ne6raaka�witb He principal oll[ce aad place ot busiaena at Grand ld�d Nebraaka,
<br /> �k aa mortgagee:� �
<br /> WI7NESSETH: That aaid mortgagor S toi aad in eoneldncation of tLe eum ol .
<br /> •� �(ENTY-SFVEN THOUSAND NINF HUPd�RFp AN� �JO/100---------------------�..��ara (s 77,900.00 �,
<br /> F the receipt ot which te heroby acknowledqad,do—by theee prsannte mongago aud wanant un�o naid mortqaqee, Ita eucceeaore and �
<br /> s aanigns,lorever,all We tollowing dsscribed real ee�ate,ei�uated in tho coun�y ot Ha I I
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<br /> �, 3 and Slate of Nebrmka,to•wit: ��
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<br /> ' '� THE WEST THIRTY-SE\'EIJ HtdD FIVE-TENTHS (W 37.�) rEET OF LOT THREE (3), �
<br /> k �# AWD THE EAST TP�cNTY-FIVE (E 25) FEET OF LOT FOUR (4), BLOCK ,"JINE (9), �'
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<br /> �{ IiJ DILL AtdD HUSTON'S ADDIT�Oiv TO THE CITY OF 6RAND ISLNJD, NE6RASKA. �
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<br /> �. Sogother wilh all heating, lighting, and pli.m6inq equipment aad lizturea,includiaq ntokern and bumers,eaeens.awninqa,etormwindowe �I
<br /> ;. and doors,and x•indow ahadee or blinda.used on or in ceanection with eaid piaperty,whathe[�he eame aco now located on!i¢id proper�y T .
<br /> or hmeal:er placed thereon. t
<br /> $� TO HAVE AKD TO HOLD 7HE SAhSE,togelher with all ¢nd ainqular the tenemeatn.hereditamente and appu:ten�tes ihereunto belonq- i,4
<br /> ' ij ing.or in anywix appertaining,Iorever,cnd w¢rrant the title to the same. Soid morlqagor=hase6y covenanL_with aaid mortgugee f}fj �
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<br /> ! i� that_�he_`� o�P at the delivery hereot,the lawtul owaer�ol thc premieca above conveyed aad dosribed,ond ���-' � - �
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<br /> '$ sesed v!a qood ar.d indeleasible eatotn ot inheritance theiein.lreo and dear of all encumbrances,and that t he�_wi11 wanant�d S �
<br /> �' delend thc title iheiem(arever againet t6e claims and demandn ol all porsur.e whomsoevar. l� - .
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<br /> $; PROVIDED ALWAYS, and this instrumenl is executed and deliveced lo socuro ihe payment o!Ihe sum of j .
<br /> ; l� TV�Ei�TY-SEVEN THOUSAND tJItJE HUNDRED A(JD i:0/100------------------�ollare �52��940.00 � S
<br /> �� with intcreet thermn.�ogelher with such tharges and odvacrne as may be due ¢nd payablo to said mo�tqaqeo under Ihe terma nad # .
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<br /> :� condilions ot tho pmmiasory note o! even date heiewi�h and secured hereby,ezecuted hy naid mortqagor5—to naid morlgagoe.payable s �
<br /> i� as e:pressed in aaid noto,and to setuie the perlormance ol all the terms and maditiom coatained iheiein. The �arms ol enid aote ore � . �
<br /> heceby incorpnrated he�ein by thia celerence. � �
<br /> t�� It in lhe intentio¢and agtcoment of the partiea hemto Ihat Ihis mortgage ehall also eecure aoy future adv¢ncea made !o eaid � .
<br /> 5� mortq�gor�by a¢id mortqagee,¢nd any and all indeblednem in¢ddition to tha anount above stated which aoid mvriqagoce,or aay �
<br /> �t of them.moy owe lo eaid morlgaqee,however avideated whether by note,boolc account or otherv+ise. 'fhin morigage ehol!teaain ia 1u11
<br /> j; loice ¢ad e(leci between the p¢[tiee hereto and their 6eire,perwna! rep[esentafivee. suezessors and asniqna, untll alt ¢mounta aecured $ � . �
<br /> ; hereunder.induding luture advancee,aro paid ia tvll wi�L inteceat. f �
<br /> r+ The mortgogor 5 hereby aaeiqa_to aaid mortgageo all realn and iacome nrieinq al any md all timea !mm a¢id property aad #� � �� �
<br /> f# h=re6y authorize eaid mo�tgagee or!te agenl,at its opeon,npon delault,to tnke charqe ot aaid p:openy and collect all renV and fnrnae � � � �
<br /> ;. thcielrom and apply the eame lo lhe paycaent o�inlerest,principal,iaautance pramiww, tazce,ae�ensmente.repaira or Improvemenla aecee• �� �, � �
<br /> ff aary b keep said ptoparty ia tenantabla coadiuoa,or to other charqee or paymoms piovided lor herein o�in tha nolo heteby aecured iLia �� �
<br /> 3� rent anaignment slwll continue In force until the unpaid bal¢nce ol eaid nole is lully pvid T6o�aking of possession hereundei�hall ia no �
<br /> 5 c�¢nner prevant or tefnrd wid aortgaqee in the collectioa ot eaid eums by foteclmwu ot otherwiea - . �
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<br /> ;; 7'he lallure ol tha mortgagee to aeseit aaq oi [te dghle hcreuader at any time nhall nol be cvaet:ued aa a waiver of iU right to aaeert j{ ' . � �
<br /> j tho eame at aay later time,and to imiat upoa and enlmco etria rnopliance with all tha terme aad provi�io�s o! said notu and o! thie j€ � � � � .
<br /> $ mottgago. 3 .
<br /> $� ll eaid mongagar 5 ehall cauee to be paid to eaid mortgagea the ontite amwnt due i�he�eunder,aad under tha lorma and proviatoni � �
<br /> ,• ot ecid note heieby aecured.includinq luture advmce�,and any eztaneioae or ienarval� thereot in attrrdaace wi�h the le�ma�d provialoni �} � �
<br /> fSthereob�d i!wid martqagor S�ball complp wilh all the ptovieioaa o(w1d note and ot thte mortgaqe,thna the�e preseule�holl be void; } � � . :
<br /> otherwiu m remaia la}ull locu aad vffoct,and eaid mortqaqea ahall be enfitled to the poueeeion o!alt al aaid propertq,m�d may,at!V # _ ��
<br /> option,declare the whols oi said nole and all L�debtedneu rapreseated therehy!o bs Immedtately due and payable.and may toceclwe tk�ts f �.
<br /> ' morlqaga or take aay o�her leqal actioa to protect ib dqLt, vnd irom the date ol euch delaW�all Ilems ol lndeb�ednm�ecu�ed hembp } "1'��
<br /> �. �S eAall dlaw lntmeet at�i6Y,?ar mnum. Apprafsemeat watved t . -:� r' .
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<br /> • St Thie mnrtqaqe �hall be btnding upoa and�hall�nuie to Ih� b�nellt ol 1Le hek�,ezetutur�,adminiitratoxa,�ucoe�eon and aenlqw d f ' }
<br /> �! S lhe raapectiva partie�he�eto. $ � ��
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<br /> £� IN� WF�AEOF safd Mortqaqor5 �+�Ve he[euato �e�_ the i r w��=�e day and year Itrst above _ � �
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