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<br /> �MORTGAG£-�a�iagr�mad Lami Fozm—(Dtrect Cradit P2�) 2552 (Spodal). � � . � ... � . . . . . . ':.;
<br /> ' � ��.. 0 0 5 fJ 2 U MORTGAGE
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<br /> „ a�us INnaec�roRe.maas �s 31 sfi ,� ',� Auqus�h �s 77 t>y�a nre..em
<br /> � E. MERLE-+McOERMOT7 AND MtLDRED B. McDERMOTT, `husband `and wife, each in his and her r
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<br /> °� ; own rlght and as spouse of the other,
<br /> .'�� oi �.. . �f�2�I � � ...� r,aty.Nebraska.at mortgagor�..�d Fiome Fedaral�Saviaqr and�Loan AasoeiaRSoa of�C+raad Ial�d.
<br /> � a eotQoratioa organiaed��d e�usting under the Imva',ut Nebzaaka with�iL priadpal oftice�d plaee ot bw3ae�s�m Graad Id�d,Nebra�loa. . ' " :
<br /> `''�' as�taortgagee:.. . . . � � . . . .
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<br /> � WlTNF•SSE7'H: That��aaid mortgaqor 5... !or aad in conalderatlon of..tLe sum o!. � .: . . .
<br /> s SEVEN-THOUSAND -AND NO/100------.---- -- -- — -- — --h,u�e (E7�nnn-�n
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<br /> y '"the recei t of�which ia���hereb aalmowled ed, do_ b theee' reaente�mort a�e�and�w�ront unto �aid��mo
<br /> P Y 9 ' Y P . 4 4 rtgagee, its'�wcceaeo[a���d
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<br /> �•' aseigna,tocever,all the��.following.descr[bed xeal estate,situated�in�tha cwunty of� �
<br /> ;, � . :aad��SState:of..Nebraska.;�fPwit: ... �. .. . . . . , � ... . . . . . .. .. . . ,
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<br /> '� LOT ONE U � IN BLOCK NINETY NINE (99) IN RAtLROAD ADDITfON T0 TNE CITY
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<br /> `� OF GRAND tSLAND, HALL COUNTY, NEBRASKA.
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<br /> � Togethex with. all heaiing. lightiag, aad plumbing equipmant and fixtuzea, induding atoko[s an.d buraera,ecreeua,¢wniag�,sto=m wiadows
<br /> � E . :�� and:doora,�and��window shades oz blinds, used on or in conaection with am.d property,whether tho eQma are aow lo�ated on eaid�property �
<br /> on c�reatter placed thereon. � �
<br /> ���TO HAVE��AND��TO.HOLD TF� SAME;together with all aad singular the tenemeats,hezeditamanta and appurten�ces thecemto�belonq-
<br /> ��� iag,.oz inanywiae appoxtainiag,torever.and wanaat the title to the same. Said mortqagoiS.—herebp coven�t_with said mortgagee� .
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<br /> .� that'.��_t ha,�L_. � are at the deliverp Lereof,the lawfu2 awaerS ot the premises above conveped.�d deaaibed,aad ���
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<br /> 'i ,�S aeized ot a qood and indeteasible�estate oi inheritance therein, iree and clear of dl encumbraacee,and that .�' hAJ will wanaat�d .
<br /> f deload the title ihereto[orever agaiast the claime and demanda ol all persoae whomaoever,
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<br /> p �.�PROVIDED;ALWAYS.�aad this. instrument is ozecuted and delivered to secu:e the pnpmeat d tbe sum of � �
<br /> � SEVEN THOUSAND AND NO/100—__---^--------------------_,_---_..�—.,�-+,,,ii� t�7_000_DO �,
<br /> with��inleiest thereon, toqether�with�such charges and advancea aa may be due and payable to aaid mortgagea uader the �terma �d.�
<br /> waditiona��of tLe.promisaory note of evea date hereavith�and aecured hereby,ezecuted.by eaid morigagor s to eaid mortqaqee,payable
<br /> " ' as.e�cpzeased 3a aald note,and to aecure�the periozm�ce o!ull the tezms aad coaditions mntained therein. �Thc terma of smd aote ara.
<br /> �:�herebp�.incorpo:ated.:hcretn by thi�xeference.� � . . � � . � . � �.� . . ...
<br /> �' M It�3s the.intentiaa md cgreemeat o1 the partioa hereto that thie morlqage ahall alao aecure aay fuhue advaacea made to eatd �
<br /> � mortqagor�s. .�.by amd mortqagee, aad�.anp aad all iadebtednem in additioa�to the �ount a6ove etated w2uah�said mortgagors, os�anp �
<br /> � � ot��tltiem, may���owe to�eaid�mortgogee,�however eviden�ed whether by aota,boolc account or otherwise. This moztqoge shall remain in full � � ��
<br /> ` lozce�,qmd elfect batweea��the �wrtiee hsreto and their heira,. paraoaal repreeentatives...succeesors and asaiqne, unGl all amounb secuxed
<br /> .� hereundos.including fulure�advaacee.��a paud in full wit4 iatareet� � �� � . . � � .
<br /> ,� The aiMtyagor 5�Lerebp wuga�_:.b said mozigagee all rea4 and income cuiai¢g at anp �d all times trom�said �operip.�d .
<br /> hezeby authorize said mortgagee'ai�ita agent at�ib�optlon,.upoa dafault�to Wke e6arge of aaid pcopertp aad mllect dl tents aad ineome .
<br /> iheietrom and�apply�tLe:smne.to.ihe paYment ol intereot.�:Pk3ncipaL�Sasuraace.pramiuma. taze�. aaeeaameab. repmza or Smprovemenfa aeces- .
<br /> eary to keep�aaid Dcoperty�in�tenaatable mndifion, or !o other.charqes oi paymenL prov9.ded foz Lereia or fa the note haraby aecured �Tbi�� �� �
<br /> � rent asslgnment shaU�caa.tinue in�force until the uapaid bdanca�.of eaid note Ss�fully�pafd. Yhe takiag oi possasdon hereunder ahall in m �
<br /> manner pzevent�ur retard��:eaid mortgagee in:the oollectioa o! eaid auma bp foreclosura or othexwSse.
<br /> " � ��i The tailure��of tha mortgagee M�.aeeert aap ot ib�.zighta hezeundar at amy dme ehall not be coashved aa a waivez�oi ib riqht to aaeoz!
<br /> , i �3 the aame al any laCei fiate. and to.iasiat upaar,cmd�eafo:ce etrice wmplianee with all the�tezme and provision+ ot said nofe mid ot this ,
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<br /> '' II��naid mortgagoz 5'.�.ehall oaune to be�"�pm1d to saSd mortqaqee the anKre maount due it heieunder.aad uadaz tha term�aad proviaions � ..
<br /> '� of eatd note herebp aeeurad,iacluding tutuce advancea�md�p ertemiona or�:easwoL t6eroo! Sa aocordaace with:the terms �d pzovido�. �
<br /> ' , tkezeat.and if�paid mo+tqaqpr_,7—.shaU eomplp w3t6 all 1he provldoaa of�eaid note and ot this morkJaqe, thm eheee preeeats eLall�ba void: �
<br /> ��� qRh.e�rvrise to reawSrt in hill.lprce m�d aEfee4-�smd raid..�anrtgaqse.�ehall ba enliQed to tho poe�e�rion of a1t ot fa3d property,�d map.at ita ..
<br /> optloa declvrc.:ths wLole ot aaid�note and all Sadebtedaess raprea�ted lherabq.to he fmmediatalp.dus and pagabie,and may forecloes��this . � � ��'�}
<br /> morlqaqa or take mp other Iegal aetCoa to pmtect ib�rlqhq aood from the daM od euch defauit al! items o! indsbtednea securod Lerebp � . � .
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<br /> nhall dzaw inte��est at 2S�j per cmnum. Rpprafeement�vaive3 : . . �:
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<br /> �y� -�. Th�u'mort949e sfiuA ba bintlin9�':�.npon and �hall envre So the�b�naHt of ths hstn.e:ecutotr,adminfehaton.�.suR:eeso���md msigns of � � ,.
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<br /> ' i �. -. tpe re*Fretive.,parets�hpfero.. �. . ; .: � � �.. . . �. . . _ . ..� . � .
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<br /> � x iN WITNFS4.WHEREOY. wid;Moriqaqpr... a h�zeuato ut � ths dap�d year tirat above . �;
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