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<br /> MO&iGAGE—Saviaqs and I.o�Fozm—{Dlrect Cxedit Plmil 255-2 (Spacial) . . . . . . . . � .
<br /> ���- Mt�RTGAGE �
<br /> 005338 _.
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<br /> 1 rt�s uansNrua£. maae .h�• I 5th a�, o, September .,is 77 by ana bee.o«a �
<br /> CHEStEY S: BAKER`AND DELLA R. BAKER, hus6and and wife, each in his end her own right
<br /> ;" and as'spouse of theother
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<br /> ' ,.. , � ��oi `� � �a���.... �. . . ��unty. Nebraska.as�morigagois_��d Flome Federal Savings and Loaa Aesoeiatloa�o!Grand Id�d, � - �
<br /> � a corpo:aitioa o:ganiaed�and evstiag�.uader the]aw� of Nsbraaka �vith�it�priaapal otfice and place oi buainem at Grand Ll�d,Nebraska, �
<br /> m mortgdqee: � . �, . �. � � � . . � . . . . .
<br /> � WSTNESSETH: Thpt aaid mort4aqor S. for and in coneideration�of t6e eum of " .
<br /> SIXTY 'E16HT THOUSAND AND NO/10��----------------------------------- 68,000.00
<br /> `— +�ua:s ta �.
<br /> ��the reeeipF oi which is hereby'admowledged, do �— by�theee�preaeata mortgaqe and wanant unto eaid mortqagea,�ita sueceasore cnd ..�
<br /> {` � �aaaiqae, forever, dt tfie tollowing.dewribed zeal eatate, situated in the county or_ Ha 1 1 �
<br /> ��.� and State nf Nebraelca,.to-wit: . .. . . . . . . � . . � �
<br /> LOT FOURTEEN ( 14), BLOCK FOUR (4), IN REP�AT OF RIVERSIDE ACRES,
<br /> AN AD0ITION TO THE C�TY OF GRAND ISLAND, HA�L COUNTY, NEBRASKA.
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<br /> ��.i 7oqether with all heatiag, lighting, and plumbing equipmant �d fixturea.including etokers and buraera,acreens,awainga,atozm windowa � � �
<br /> ��< aad doors,¢nd window shndea or blinds,used oa or in connectioss with said property,whother the camo are now located on said property� � � � . �
<br /> � 3 or horeatter placed thereoa.
<br /> TO HAVE AND TO HOLD THE SAME, together with nll and singular the tenements,hereditameats and appurtenances thereuato beIoag- � � . � � . .
<br /> � ➢ng,�or in anywiae appertaining,lorever,and warcant the tifle to the same. Said moztqagor S horeby covenant— with said mortqagee . . .
<br /> �thul�t he�_ a re � �delivezy hereot,the Iawfu] ownez S of the premieea above rn¢veyod �d dascrihed,Qad a re � � � � � � �
<br /> . ��i seized o1 a good and indeteasible estate ot inLeritance thezein, free and ctear of all encumbraacea,and th¢t t�a Y will wanant �d . � �
<br /> � delond tha title theteto forever agaiast the daima and demands of all persons whomaoever. .
<br /> . PROVIDED ALWAYS.�md this instrument is executed and delivered to aecure the puymeat of Ihe aum of � �
<br /> S i XTY E 1 GHT THOUSANO AND NO/I 00--�-----^-^---------_-------------,,,,l��s �$ 68 000.00 �,
<br /> wilh intereat thereon, together with� such c6arges and adv¢ncos as may be due and payable to eaid mortgagee undar the tezms and � � � � � � .
<br /> � conditions��of the promissory note oi even date herewith aad eecured hereby,ezecuted by eatd moztgaqor 5 to aaid mortgagee, payable � � � � �
<br /> 'i � � � as expreesed.in eaid note,aad to eeeure the performance ot dl the te�ms and coaditions contained�thexein. The tarmn of eaid note are ; . � : . � . � :
<br /> hereby incorporated herein by thfe re(erence. � � � �. . .
<br /> � . It ia tho inteniion and agreement of the parties hereto that thia mortgage shall also eec1ze aay luhua advancea mude to aCid � � � � �
<br /> moktgagor S by said mortqagee, and anp aad all iadebtednesn in addition to tLe amount above stated which said mortgagore, �o: aay . �
<br /> of Ihem, mvp owe lo said mortgaqee,however evideaced whether by aote,book accouat or olherwiae. This mortgage ahall remmn in tull �
<br /> i':��� , � force and eflect between the parGea here�o and their heizs, peraonai zeprexntatives, aueceaaora aad aasigas, uatil all amouata eecured � . . .
<br /> . hereuader,includiaq futu-e advancee, are paid in full with iaterest. � .
<br /> The mortgagor 5 hereby aesi� .to said mortgaqee all zenta and income �ieinq at my and all timea trom eaid property emd �. �� � �
<br /> �� . hereby Quthorise naid mortgngee or ita agenL at ita optioa, upon de}ault,to take charqe o!sQid propertp and collect ¢ll renta�and ineome .
<br /> therelzom and.apply the a¢me to Ihe payment of iaterest, prinCipu3, iasurance premiuma, taxee, asseeaments, repeirs or improvementa neces- �
<br /> sary to keep satd property la tenaatable coadition, oc to o�lier chnrges or p¢ymenle provided for herein or in the note herahy aeeured. Thts . �
<br /> � rent�assignment sh¢ll continue tn(ozce until lhe unpaid balance of eaid note ia tully paid. The taking o!posseasion he[euader nhall ia ao �
<br /> � manner preveat or retard eoid mortqagee in tha mltaction of naid euma by loreclosure or other�viee. � �
<br /> � � The failuze ggee to,,..a,cee:t any ot its righta hereunder at¢ny time sLaII not be conahued as a wmvez ol ite right to ansert �
<br /> i the aame at� �����p�¢pc�,to voeiet.uppn and en[orrn avicl campliaace with all the terms and pzovisions of said aote �d ot thia .
<br /> . . mortgage. �.iR�#�'��« . � .
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<br /> If aaid mqiiqrsqa- '•�m�ue�to-be-paid to raid moztgaqae ihe entire�ount due it hereuader,and under the terma¢nd proviaioas . � .
<br /> of sald note hereby ee�.-u:ed,iacludiag iuture advanoea,¢nd any ezteneione or reaewda thezeot ia accordance with the terma and provimons �
<br /> theieoi,aad�if�eaid,mortgagor S_ ahall�omply with all tLe provimoas of eaid note aad of this moztqage,then these preaenta ehall be void;
<br /> � S ottierwiae ro�remain.in fu!l;oxce aad elloct, cmd naid mortgagee ahall be eatltlad to the poaeeasion ot all ot eaid pzoperty, �d may,at its �
<br /> t optlon, deetcre tha�whole�o!xdd�aote and all iadebtedneu zepze�eated tharehy�ta bs tmmedlately�due aad payable.and may torecloee ttus .�-�:.v.,� �-� "• �
<br /> mortgage�on 2ake any othar�legal-aeiloa ro protect.its zigLt, �md trom the date ot sucL default all Item� ot iadebtadaens iecured herebp - 1 ���k " `�
<br /> � ehall draw[ntereab��par annum. Appraiaemeat waived. -� '' H.'+,.'``
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<br /> ���This mortqaqa �hall be blading vpoa.aad ahall�enure�to 1Ls�b�aetlt ot the bsin, ezecuton,adminLtrato=s, �ucceawla �d asnigns o!
<br /> ��:�.. iho;espeetiYa parttea heiato. -. .:.�. �.... .. ... , ., . . � �
<br /> � IN ��r� �q P. �...d Mortqaq0� � �^ Ve hwzeunto �et the i r - ,.��_:he day and yeaz first above
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<br /> �hes�y�,.� a er --- veTra-�BaKer
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