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<br /> � ��� MORTGRGE—�Savings rmd I.oan Fo�-�Dl=ect Credlt Plan) 25&2 (Spec[al) . . � � .
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<br /> t '_ 77. 00423"7 M�
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<br /> � � TFitS INDENTUAE.��mada�thle 2 5"f'F1 � . . :�y, of �I i i I� � � ,19-�-.�by aad�betwoen �
<br /> �� RFf I IRI TV CTnRA('F� SVSTFMS�r1F �`RANn I Ci n�if�� �TB � A ���M 1 T�9 PAf3TP�€I��H�P �
<br /> 3� . - . . � . . . . .
<br /> o! � "- Na I I � County.Nebraska,as morigagx_.S aad Home Federal Savinge and Loaa Aaeociation ot Graad Ialand, � �
<br /> :a crorporalioa osqaaized�aad ex3stinq mdez tho laws ot Nebraska with 1te pr[ndpal olHee and place of buainesa at Granil Irl�d,Nebraska, �� ..
<br /> � as mortgagee: . . . . . . � � .. . . . .
<br /> WtTNESSETH: Thal eald mortgagor_5� £oz and in eoaetderatton of the sum of � .. . � . �
<br /> ' ONE HUNDRED TWENTY-F I VE THOUSAND AN� NO/I On--------r--------------r�ollare csJ25,9np.,nn �,
<br /> ��� . �tha receipl ot which ie hereby�acknowledged, do_ES by theee preaeats mortgcge and warrant unto eaid mortgagee, ita eutteseo[e aad � �
<br /> aseigpe, fotever, all the followiag deecribed reat eetale, nitvated in the couaty o1—�31..L.___ _ � � .�
<br /> ��and State�oE Nebraeka.�to-wiU .. . � . . � . . . . . . . . ... . � ..
<br /> �OT TWO (2) IN JANISCH SUBD�VISION, AN ADDITION TO THE CITY OF GRAND
<br /> ISLAND, COMPRISING A�L OF LOT TWO (2), FONNER SUBDIVISION, AN ADDITION
<br /> TO THE CITY OF GRAND ISLAND, EXCEPTING THEREFROM THE WEST 4.5 FEET OF THE
<br /> �� SOUTH 6.0 FEET, LOCATED IN PART OF THE WEST HALF OF THE SOUTHWEST
<br /> I
<br /> QUARTER OF SECTION TWENTY-TWO (22), TOWNSHIP ELEVEN (II ) NORTH, RANGE
<br /> NINE (9) WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA.
<br /> � � r � .. �. �� � . �
<br /> ..� . � . � . . � .
<br /> ' . $. Together with all heatiag, lighting, and plumbing equipment and fizturee,including etokere and burners, screeas, awninqe,arorm windowe � : .
<br /> �>� Qa.d dooza,and window ahadee oz blinda, uaed on or in co�ecUoa with eaid property, whether the eame are now located on said property
<br /> { or horeatter placed ihereon.
<br /> � F TO HAVE AND TO HOLD 2FIE SRME. togethez with all and stnqular the tenemanta,hereditaments and appartenancea thereunto belong- � � � .
<br /> �� ing,or in anywiee apperminiug,torever, and warzant the tlile to the eame. Said mortgaqorS_hereby covenant_� with said mortgaqae . �
<br /> �ha�_�.he-�_ a�e .at thc delivery hereof,the lawful o•nners�.of the premiees above conveyed and deecribed, and _ arP
<br /> F �
<br /> eeized ot a good and indefeasible esmte of iaheritance therein. iree and dear oi all encumbraacea,and that �.�e�L will wazrant�d �
<br /> $ defond ihe fitle thereto fozever against the ciaims and demands o! ail persona whomaoever. � � �� � , .
<br /> PPOVIDED ALWAYS, and ihis instrument ia exr.cuted und delivered to seeuro the payment of lhe sum of_ � � . � � � �
<br /> nNF HLIN�RFD TWFNTY-F I VF THOjyr-,0p1j1.ANI� NnU llfl---------_------- nellarn (3 I 2�,O11Q Rn �,
<br /> � with intereat thereOn, togolher wilh e�ach chargea and advances as may be due and payable to said mortqagee undor ihe terme aad . �. � � �
<br /> condilions of the promissory note oi even date herewith and secured hereby,ezecuted by eaid mortgagor_�.to said mortgagee.payable , . � � . �� �
<br /> � i. as expressed in aaid note,and to aecure the performance of all 1he terms and wnditions coatained therein. The teims of said note aze � � .
<br /> hereby incorporated herein by thie :eterence. . . .
<br /> It is the inleation�aad aqreement ot the parties hereto that this mortgaqe shdl also seeure any future advancea made to eaid ' � �
<br /> �mortgagor S by said morlgagee, and any nad all indebtedneae in additioa to ihe amount above stated which said mortgagora, or aay � � � � �
<br /> ot them, may owo to said mortgagee, however evidenced whelher by note,book account or otlxerwise. 1'his morignge nhall remain in lull � � � � .
<br /> fozca aad effeM betwaen the�pazties herero and iheir heirs, personal zepreeentatives. succeasoze aad asaigns, untit all amounts �eeured � . �
<br /> hereundez,including futme advaneea,are pcdd in full with intereeL � � . �
<br /> The mortgagorS_heceby�assiga�- to said mortqagee all zents and income aziaiug ut any ond all liman from said property and � � � . �
<br /> hereby authorixe�eaid morigagee or tts ageat at its optioa, upoa dafaul6 to take charge ot said property and collect all rents aad[aaome � � � � . �
<br /> thereirom and apply the same to Ihe paymenl 'of interest. principal,inauTance�pramiums, tazea, nesesaments, repaire or improvemeata aecea- �
<br /> � s¢ry to keep said�properly in tenantable coadilion, or to other charqea or papmanln pcovided for hazein or in the note hereby seeurad. ?his �
<br /> rent asaignmeat shall continue iw force uniil We uapaid balance o3 said note is tully patd. The taktng of posseaeion he�aunder ahnll ia no
<br /> � mannor pzevenl.or retaad said.mortgaqee.ia the collectiou ol eaid eume by ioreelosuxe or otLerwiee. . . � . � �
<br /> �� � The failure of the mortgagee to aesert any oE i1a rightn hereuader at cny tiao ahaA not be conatrued aa a waiver of ita right to aeaezt � �� . � . �
<br /> $�. the.eame at any later time aq¢,,,to�_Lneint.upoa aad anforce atrict rnmplianca witfi ail the terms and p:ovieions o1 anid note and of thia � : . �
<br /> � mortgage. � .
<br /> 3� �
<br /> f IS aGid moctga or � ehalb'�a7nx to be paid to said mortgagce the endre amount due it hereunder,and unde�the terma aad proviaiona
<br /> ; .ot paid note heseby�ed,YEc;l�idinq,G}ture��advanoea,�and any e:temfoae or ceaewale thereof In accordance with Ihe terma and provtaton�
<br /> � thereoL.and.if said m�tqagor'SV�wshall wmply with all tha provimoas of wid note and ol this mortgage, thea these preseats ebatl be void;
<br /> S.�.otherwise.lo�remain.ka full toree and elloct, and�a[d�mortqagee ahal! be eaUUed to ihe pqmaesioa o! all oi aaid propezty, �d may,at ib ` .
<br /> � + option, daclar�e the whole ol said�aote md all indobtedneo tepressated lhereby to be immediately duo aad payable,and may loieclwe 1Lia . j
<br /> �martqage:or'take:�any.other legal acHoa to�prateet 1ts rtqht.�and t:om:the date ot euch detault all items ot indebfadnees aeeured herebp , �,��� � �.�*�
<br /> eh611 draw intereat�at��,�er anaum. Appzaieement watved. ` `
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<br /> � � '�Thie mortgaqe ahall be bindtnq upon��and ehall enurs to ths b�aelft o!�the hNn,-a:ecuton,admlaisxmtoce. ruae�ron and meiqna ot L � ���T
<br /> tbe re�pectiva par4ee lsezelo.
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<br /> - �� IN WI'INF�S,�4�OF. add�Mo[tqagor � h^ ���sasunto �et ' +ha i� _�and._S_tLe day and year fisat above . . �:.+��'''
<br /> ; wrtttan. -�. .: . . .. ... . �
<br /> URITY STORA E SYST S F GRAND ISLAND, LTD., A LI ITED P ERSH +
<br /> / -G..
<br /> B`(r MA G. EILE IER, G ERAL PART Y FRED M A SCH A GENERAL PARTNER
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