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<br /> � � MOATGAGE�aving� and I.oaa Focm—(Dlzxl.Cndil�Plan) 255•1 (Syadal) - � . � �
<br /> � , J 7_ f7�1�i1.'J. iS�ri�nT�?FiG7E
<br /> � �� � , � � . . �. � . . � Lo�No � � . . . �.
<br /> ._� �- 7tiffi tNDENTUAE,maae �h�e' � I Oth �y,ot .. - Me rch � � ts��by�d batween� ( � .� �
<br /> j ' ROBERT D:, HERt3ST AND DOROTHY E. HERBST, husband and wife, each in his and her own
<br /> '• 3 �(qht and as.soouse of the other'
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<br /> 1' � ���01_ Na��� . C unty,�Nebraika,aa mortqagors and Home Fodeml8avinqa�and Loaa Aaaociatlon ot�G�and Ielund, -. � -� �
<br /> � ��a.corporoLLon orgaN:ed::�and ezLtinq under the law�of�Nab[mka�vtth ils pdndpal otl(ce and place ol�6ualnees�at Graad Islm�d�Nab:nska. .. �� �
<br /> . � aa morigagee:� . � . . . . . .. - . � , .
<br /> �� WITNESSE7H: :Th¢I eald mortgagor S lor and ta coneidecat[on of Ihe sum of� � .� , .
<br /> , � _ ONE HUNDRED T19ENTY-FIVE THOUSAND AND NO/100 ---------------------„oua�� �S 125,000.00 �
<br /> ? . Ihe�reaeipt o1�which-ie hereby aclrnowledged.-�do_by thene preeente.morlgage�aud w�rant�unto eaid moqgagea,:itn euaeeeora and.-.#{ � � .� . .
<br /> � asaiyne,foraveq�ail Ihe lollnwiag dexcibed real eelate, dtuatad tn tka wunty of Ha I I 3 � : �
<br /> .��? 'aad State ot�Nebraaka.tawit: �. . � � . . . .. . � . . . . ...`. . . .. .�.. ��
<br /> ..�.t � . . � . �.
<br /> f A tract of land comprising a part of Cottage Gra�e Addition to the City of Grand Island,
<br /> � Nebraska, more particularly described as foilows: Beginning at the Intersection of the
<br /> � Eaet Jine of Wiliow Street with the South line of Seventh Street; thence Eastariy aiong �
<br /> . the South line of Seventh Sireet, a Distance of One Hundred Sixty-Four and Five Tenths �
<br /> i (164.5) Feet, to the Centeriine of Vacated Geddes Street; thence Southeriy along the
<br /> �, Centerline of said vacated Geddes Street, a Distance of Tvro Hundred Sixty-One and Thirty-
<br /> '4 �� Six Hundredths (261.36) Feet; thence Easterly parallel to the South Line of Seventh Street
<br /> a � a distance of Sixty-Five and Five Tenths (65.5) Feet; thence Southerly parallel to the
<br /> East Line of Willow Street, a distance of One Hundred One and Thirty-Six Hundredths 1
<br /> (I01.36) Feet; thence Wesi'erly parallel to the South line of Seventh Street, a Distance of S�
<br /> � Two Hundred Thirty (230.0) feet, to the East line of 4lillow Street; thence Northerly along
<br /> i ; the East line of Willow Street a distance of Three Hundred Sixty-Two and Seventy-Two +
<br /> fHundredths (362.72) Feet to fihe place of Beginning located in Nafi County, Nebraska
<br /> I � $�
<br /> Ff
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<br /> ' S�ether with alt�heating, lighting, nnd pl�mbing equlpmant and tixturee,including�loken mid burnrn,ecreens:awn(nge,atormwindone
<br /> ( � ;; and doora.�and window nhadea or blinde, wed oa or in rnnneetion with eaid property,w6ether thn eama aro now Ixated on aaid property #� � ��
<br /> � ar horealtei placud thereon. t+ _ �
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<br /> TO HAVE AND TO HOLD iFiE SAM£,toqether wtth all and einqular the teuemeata,Lereditammle nnd appudenmcea thereunto beloag- $
<br /> � � � ingl or in anymise appeitainiag,torover,and warmnt the Utle to the evme. Said mo�tgagor 5 hore6y mvenan�with nald mortqaqeo S �
<br /> s are �� r
<br /> � �� �hQ�_�e are ��yc dellvery hemot,the lawlul owner_ol the pzemieee above coaveyed mid deaalbed,and
<br /> + �—
<br /> 'j eetzed ol a qood and indeteaaible eata�e ot InherUance iherein,ftcu and clear of all encumbraaeee,and that t he_`�wilt warranl�d - �
<br /> $i defend thu title�heceto forever agalnet the claime and demanda of all pnrnonn whomwever.
<br /> I.
<br /> ��' I �S. PAOVIDED ALWAYS, md thia inntrumeat la ezecuted and defiveced to aocitre the payment of tho sum of � .
<br /> ONE HUNDRED T�9EPJTY-F I VE THOUSAND AND PJO/I 00 ----------------- noi�ars is �z5,000.00 , $�
<br /> wilh inie�eet the�eon,logolher with nuch chmgce and advancen as may be due and payabto to aaid mortqageo undor the termn and
<br /> - i canditions ol t6e pmmiswry note ot even date herewith and secured hereby,ezecuted by na(d mortgagoc 5 to said moTlgagoe,payoble � � �
<br /> 3 aa expreasad in eaid noto,and�o socuie the pedormance ot all tba te�mn aod conditioaa coatalned therein. 1'he terma.02 ndd note axe .
<br /> t hereby incorpomted hereln by thL relerence. �
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<br /> { II fa tho Inteutloa and agreement of the partlea heroto that Ih[s moctqage ahali also eecura any luture adwncee mado to eaid .
<br /> . �'}t� mottgagor 5 by add mortgagec,and any and ail indebtednone ia addttton to lLe amaunt above atatod which eaid modgaqors, oz�y
<br /> , Sj ot �hem.may owo to aaid mongaqee.howevor evidenced whether by note,book account or otherwiee. 7hie mortgage ehal!remain in lull
<br /> � $1 (orce and elleet between ihe parties hereto and tLatr 6eire,pereonal repmeentativee, nutte�wra and ma(qna, unUl alt amounte xcnred
<br /> i j� hemundcr,induding tuturo advancea.me pald in tull w3lh intereet.
<br /> � 7he morigaqorS_hereby amlga_to aald motlgogee alI�rcaU and Iacome �iefnq at any and all�Iime�lrom eaid property.aad
<br /> he�eby authorixe aafd modgageo or ite agenl.at ile opHon, upon datault.to loke ekmqe ol said propeny aad rollect all renta and iawme �
<br /> i thc�eirom and opply the samo lo the payment ol intere�t,principal,ineurance p�emlume,tmne,aeneeamente, rep�rire or improvements necee•
<br /> $� �eaty io kecp wid proporry in tenantabla medlilon,or to o�hor cha�gea or paymeats pmvldad lor horein or In tha notu 6ernby seeured 7hS�
<br /> �, rent aaalgnment ahall waUnue fn iorca until ihe unpaid halanea o1 eaid note ia lully pald. The takiag ol ponsaeeion harounder�hall In ao
<br /> monner prevem or ratard aaid mortgagee fa the mlloction ot eaid aume by iorecloaure or olhenvina.
<br /> The latluae ol tho mortgagee fo.aesari any oI1V dg6le hereundec at any tima ehall nat be conattued a�a wafver oi i1s dqht to aexrt j
<br /> .�i j3 16o same at any later time,.aad b lmiel upon and enlo:rn�trict compliance with all the terma aud p�oviiioaa ol eaid nole and ot t}ila �
<br /> $� mortgaga. �,. . . . :. :
<br /> t � �, :�... , . . :
<br /> '� 11 wid moztqago(S._'t�aJ1,tCulye�M be paid�to satd mortgaqea the entlre amount due!t hereunder,and under tho tecma and provlsion�
<br /> � ol natd note hereby�eEuredrtnalrtdlaginhue'ndvdnc�s:'and eay eztemloni or�rnne�vda Ihareot !n accotdance��+ith �he tarms aud provLioni
<br /> 3S � the�eol..and 11 wid moctqagar�s�hall mmplp�vtth all Ihe provWaaa ol safd mte and o[this moztgaqo,thoa theee presenu�Lall be�oid;
<br /> 21��. olhe�wua lo remain ia tull foru.and otlocl.�d�d�moNqaq�a eLall�ba enqtled to lhe poueesion o!ali ol�aid prope�ty,�d may,at�14
<br /> S oplion,dedare the mhnle o!sa(d note�d all fndebtedneu iepre�enled therebp to bs Immedlately due and payoble,and may lorecloae thia
<br /> St modgaqe�or take.�y other lega]actioa to pioteat ln �IghL aad!rom the dute o1�ivah delwll all itemi o( indebladneu �enued herebq �;� ��-;
<br /> yf ehall dtaw lnleroat at 98Cgpe z annvm. �App[alsemeat wdved r.`��'
<br /> t$� Thie modqage.��tie binding.upon and�hdl en�a to Ihe b�neLt ol�he h�tr�.��zetuton,admin(�traten,ruccaewn and auiqar ol �N
<br /> L� S3.-., Iho re�padire}w[t1w hetelo.. .., . . . . . �
<br /> ft 7 IH VJl Wl�AEOP, uid Mortqaqar e h�reuato �at the i r h„a�the dap and year Itret above y�
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<br /> g � .� � /�--e'l. �Ji��''"h��. a,�G%:�;,��" � .
<br /> : Robert D._Herbst DorothyvE. Herbst _ '
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