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<br /> � MORTGAGE--Savinqs and�l.o��Form—(Dlroet Credtt�Ylan)�2552 (Spadd)�. � � ' � � � � � �
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<br /> �77•• Q 0 3 8 g 0 MORTGAGE
<br /> ;�� � � . . � . . . � � . . .. .. Loac No . . .,, �.;
<br /> � / , �... �� THTS INDENTURE,��made thl�: � 11'tZl�... ,�,,,,��.of � .TLlY�. .... � .19-12 bp and bstwea�a �
<br /> ; ; FLOYD F PAYTON AND PHYLL I S J: PAYTON husband and w i fe, each i n h i s and her own r i q ht ;
<br /> � � } and as sPouse of the other '
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<br /> �..: o� � �a� � ���� � ,—�County.Nebzmka..aa�mortgaqor S and Home Faderal Sav3ngs and�Loan Aaaoelatloa ot Grand Islm�d.
<br /> .�a�caryoratioa organSzed��aad�ezielinq uscder the ]awa of Nebraska�wiRL ib prindpal o!(iea aa3 plaee ol buaiaece at Graa3�Ielaad,Nebraalw,�
<br /> ..a�'mortgagee: � . � . � .�. � . .. .. . � � . � � . � - � . �
<br /> ; �. �� ��.�.WITNESSETFi: �Thet�said mortgago:S tor�and In coanideration�of the eum of � . .'.
<br /> ' TH I RTEEN THOUSAND FJ VE HUNDRED AND NO/I 00 -----------------------no3lara (E �3,500.00 �,
<br /> ',�� the�.reeelpt��of wbich'L�hereby aclrnowledged, do �— by these presentn�mortgage and wanant unto aaid mongaqea,� its��uccesaon and����� �,
<br /> ��� �a�iqna,..torever, all tha fdlowing dewrlbed teal eetate, situated in the couaty ot � Ha� 1 �
<br /> e :, .� �and Slate�of Nebraaka.�to-wit: � � .. �� : � . . . . .. . �� . .. � � �� � � . .. . . � .
<br /> LOT THREE (3) OF DEAN'S SUBDIVISION OF LOT SIX (6) OF FAIRACRES
<br /> � SUBOfVISION OF LOT SIX (6), LOCATED ON PART OF THE SOUTHWEST QUARTER ,rr-
<br /> (SW�) OF SECTION l'HREE (3), IN TOWNSHIP ELEVEN (II) NORTH, RANGE NINE (9}
<br /> � WEST OF 7HE 6TH P.M., HALL COUNTY, NEBRASKA
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<br /> � �� � Togethar�wttk� all heaUng, ll4bting. aad plumbing equipmeat aad ltxluzee,ina3uding alokars aad burnern, ecreens.awainge,atom�windows
<br /> ' $ and doore,and window shades.or 6linda, uaed on oz!n conaeetloa with aaid property,whether�the.aame are now located on aaid property�
<br /> �� or hezeafter placed thereoa.
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<br /> � � ��j .. � TO HAVE AND SO HOLD THE SAME, toqether with all and singular the tenemaats,hezeditamenb and appurtenances iheremto belong-
<br /> ��` � j ing.o�in anywise appertaining.lorever,and warraat the title to the same. Said mortgagor S hareby covenant— with eaid morfqaqee
<br /> jthat the�— are ¢�the delivery hereot,the lawful owaer_5._of the premieea above conveyed�d deacribed, and a�'"e
<br /> seizad o(a�good and indeteasible estate of inheritance thereia. Szee and clear o1 all encumbzaacee, and that —�eL will wanant �d �
<br /> �� defond tho title thezeto lorevez aqainst tho daima and demands of all persona whomscevea � . � �
<br /> ; PROVIDED ALWAYS, and thfa iastrument is executed and delivered to secure the paymeat of the aum ot
<br /> ,;" ------------------- 13.500.00
<br /> TH 1 RTEE�! THOUSAND F I VE HUNDRED AND NO/1 00 -nollara (R ),
<br /> with�intereat ther�eoa, togother with such chargee atid advances as mcy be due aa.d payable to said moztgngee undoz the terms and
<br /> coaditions of the promiaaozy note o! even date herewitk� and aecured hereby,exacuted by said mortgagor_5_to said mortgagae.payable � �
<br /> _.�� as expreeaed�in eaid note, and to secure tFie pedormance of ell the terme and conditiona contained thereia. 1'he terma ot said aote are �
<br /> hereby incorpomted herein by thin reference. � .
<br /> � It ia the inteatioa and agreemeat of the partiea hereto that this mortgage shall alao aeoure aay tutura advaacea made Ro eaid .
<br /> � mortqaqor 5 by e<ssd mortqagee, aad any and all indehtednese ia addition to We umount a6ove stated which auid mortqagou, ot my �
<br /> of them, may owe to eaid martgagee, however evideaced whethez by note,book accoun�or otherwiae. ihis mortgaga shnll remain ia tull
<br /> lorce aad ettect between tlae�parHes hareto and their�heiu, persoaal represeatativea, succeaaors and aasigns, until all amounb sacurod . � �
<br /> herounder,lacludinq tuture advaaeee,are paid in full with iatarast. � . . . ....
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<br /> 7he�mprigaqor S�herebp aaeiqa_ to said morigaqee all zents and inrnme arising ac any and all timea irom eaid pioperty.aad .
<br /> hereby auihorize said moztgagee or�ils ageat, at ita oprion. upoa default,to take charge oi said property and collxt al1 rants and tarnme . � � .
<br /> therelrom nnd apply the eama to the payment ot interoet principal,i:�aurmce�prem7uma, l�ea, aesesaments, reperira or impzovemeata necoe• .
<br /> :eazy to keep.mld properly In teaantable�eoadition, or to o�her chargeo or paymenta pxovided for hazciu or in the aoto hereby secured. 7his � �
<br /> � renf assignmeat shali coatinue 1n force untiI thv unpaid balance of naid note fa tully pald. The laking ot possesaion hereunder ahall in ao . � � �
<br /> � �maaner prevent or xetard wid mortgaqee ia the coBection ot eaid suma by foreeloaure or othezwiee. � .
<br /> > The.1ai1���Iq"qy ��� ~��1���6$�`+oa��� �ite :ights hezeunda:at aay tima ahall aot be canatrued as a maiver of ib right to asx=1 .
<br /> � �� the�,aame at c�ny r t��l�gp11� ento�ce etrict complianca with all the terme aad proo�iaions ol enid aole and a! this � �
<br /> mortga4e. � 4'�5���9"YPk iC€^�+"�"air*'�a' . . .
<br /> jjj !f said mortgaqor'� � �ha11 wu�e to be paid to �d mortgageo the ankira¢mount due it he�aundar,and under ihe taims�d provisiano .
<br /> � � of str3d aote heteby�ecurad.[neluding.luturo advancea,and any extenaloas or renewals thereot in attroidance with the�tezms�aad pzavimon� � � �
<br /> thezeol,aad�L wid moxtgagor S.aha71�cromply with all.the provislons of iadd aote aad ot this mortgage,tben these preaeata ehall he votd:,
<br /> otherwisa to remma la lull for�and eftaet, cad scdd mortgagee eLa11 ba eatitled to ihe po�eesaioa of all ot aaid proparty, and mny,.ot�tts
<br /> �� option.deeloQe the whole of wld note a¢d all fadeMedness zepze�entsd thmeby ro�be immediately dae aad payab7e,aad may foreclose j3rii`� . .�� . .-..�
<br /> �mwtqaqe or.tako�my��othez laqal�action to�protoct !b dght.�aad tzom 1Ls date ot wch default all itams ot indebtedneu �eeured hereby. . � ._ � +y{,�e
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<br /> ' ahati draw Ybterest ap�Q6Cq�aer aneum. �Appraisement watved. � � � � �� � � ? '
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<br /> � �. . �.Tht�morlqoqa aka��iSe bindfag apon�aad �hall�onure to ths b�uaHt�d�We heiz�.esecutot�..adminiseratore, succeawro and ase3qus ot '� '�u,
<br /> � . 1Le.ieupecttve part[w Le(eto. �.:.. .. .....� ,�... ,., . .. . .. . , . .. .� -,s � ..
<br /> � � IN 1N27NES3:WHER£0�.� aald.Moctpaqor 5 �h..VE hersunto �st� the i r „__�+anr1�tbs day and yo�tiret above � � ��'�y
<br /> . �, wrftlen. �.. ..... ... .. . .. .. . � .; .. --� � � �.
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