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<br /> �'�"� ��f!54F4 MORTGAGE
<br /> TFiIS INDENTURE, made this 20th _day of September____, 19�� , by and between �
<br /> William P: Siemers and Lvnette J: Siemers, husband and wife, each in his and her own'
<br /> rieht and as snouse of the other,
<br /> af HSll � ��ty, Nebraska,.as mortgagar. .S , and Grand Islaad Trust Company of G�rand.Island, a corporat�on
<br /> �� organized.and existing:under the.laws.ofNebraska with its principAl office and place of businesa at Gxand�Island,,hebraska,as mortgagee;
<br /> ���WITNESSETH:-.:Thatsaidmortgagor 8 � ,forandin.coneiderationofthe.sumof�� � � � �
<br /> Five Thousand Two Hundred Thirty Three and 50/100 – – – – – - Dotiarsi$ 5,233.50 �
<br /> the zeceipt of which is�hereby acknowledged��,do_by these preaents mortgege and warrant�unCo asid mortgagee,.its succesaors and assigns,
<br /> forever,all the following described real estate,aituated in the County of______�11 �� ' � �
<br /> �-� and State�of Nebzaska,to•wit: � � � � � � � �.
<br /> The East Five Feet (ES'j of Lot Thirteen (I3), and aII of Lot Fourteen (I4) in
<br /> Block Three (3) in Westerhoff's Second Subdivision, being a Resubdivision of the
<br /> South Half (5'�) of B1ock Three (3) and B1ock Four (4), and the North Half (N�)
<br /> of Block Five (5) and Block Six (6), Westerho£f's First Subdivision in the
<br /> City o£ Grand Island, Hall County, Nebraska.
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<br /> �� TQgether with all heating,air conditioning,lighting,and plumbing equipmenC and fixtures,including scrcens,awnings,stortn windows and
<br /> doors,and window shades or blinds,used on or in connection with seid property,whether the same are now locsted on said property or hereufter,.�
<br /> � piaced thereon.
<br /> � TO HAVE AND TO HOLD THE SAME,.together with all and singular the tenements,hereditaments and appurtenances thereunto be- �
<br /> � Jonging, or in.anywise appertaining, furever, and warrant the title to the same. Said morgagor__S_._hereby cover.ar.t._.____w;th said
<br /> � �mortgagee thaC._—_t hB�__are ___�et the delivery hereof,the lawful owner 5._of the premises above conveyed and described, .
<br /> � and aL0 _seized oF a good and indefeasible estate of inheritance therein, free and clear of all encumbrances,and Lhat t he�will
<br /> � �warrant and defend the title there[o forever againat the claims and demands of all persons whomsoever. .
<br /> � PROVIDED ALWAYS,and this instrument is e.acecuted and delivered to secum the payment of the sum of_—.� � .�
<br /> Five Tlzousand Two Hundred Tt-�irt3 Thr22 and 50/100 - - - 5,233_50
<br /> _ - llollars(5---- 1.
<br /> with�interest thereon,together with such charges and advances as may be due and payable to said mortgagee under the terms and conditions � .
<br /> . of the promisaory note of even date herewith and secured hereby,executed by said mortsagor_�_to said mortgagee,payable as expressed '. �
<br /> � � in seid note,and to aecure the performance of ell the terms and conditions contained therein.The terms of said note are hereby incorporated � .
<br /> . herein by ttus reference. �
<br /> It ia the intention ead agreement of the partiea hereto that thie mortgage shall also secure any future advances made to�aid mortgagor_�_. � �
<br /> � . by said mortgagee,and any and ell indebtedness in addition to the amount above stated whict.said mortgagors,or any of them,may owe to �� �
<br /> said mortgagee,�however evidenced,whelher by note,book aeconnt or otherwise.This mortgage shall remain in full force and effect beLween �
<br /> the parties hereto and their heirs,personai representatives, successors and assigns, until atl amounts secured hereunder, includirtg future� ,
<br /> advances,are paid in ful;with interest. �. �
<br /> � Tha.art�.,gar G_Fe!-eF+y ARRign_ __to said mortga�ce all rents and income arising at any and all times from said property and � . � ��
<br /> hereby autborize said mortgegee or its agent,at its option, upon default,to take charge of said property and collect alt rents and income � � .
<br /> �� ��therefrom and apply the�esme to the payment of interest, principal, ineurance premiums, ta�cea, assessments, repairs or improvemencs� . �
<br /> neceasary to keep said pmperty in tenentable condition,or Lo other charges or peymenGs provided for herein or in[he i�ote hereby secured.T'his � �
<br /> .rent essignment shali coatinue in fome until the unpaid balance of said note is fully paid.The taking of possession hemunder shell in no manner . � . � : �
<br /> �� preveat�or retard said�mortgagee in the cwllection of said sums by forecloaure or otherwise. . � . . . � . . � � �
<br /> �. The feilure�of the mortgagee to asaert any of its righte hereunder at any tune shall not be construed as a waiver of its right to assert the �
<br /> .some at ar.y�later Lime,and to insiaL ugor.2nd enforcn atrict complience with ell the CPnne and provisions af said noCe and of r.his sortgage. � �
<br /> � If said mortp[agor g ehall causa to be peid tn said mortE[agee the ent.ire amount due it h2reunder,and under the terms and �rovisicans � j , � � � �
<br /> oF said note hereby secured,inetuding future advancea,and any extensions or renewals thereof in accordance with the terms and provisions ! ' .
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<br /> thereaf,end if eaid mort$agor�..._shall compiy with atl the provisioas of said note and of this mortgage,then these presents sha13 be void: �� .. � . . y : .
<br /> . � otherwise to remain�in full force and effect,and ettid mortgagee shall be entitled to the poscession of all of eaid property,und may,at its option, �
<br /> declare the whole of said note sad all indebtednesa represented thereby to be immedietely due and peynble,and may foreclose this morigage �� -� '- �, •��� ,�•fi;, '�
<br /> or take any bther�legel action to protect its right.Appraisement waived.. ���� � •����-`� � -
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<br /> �� This mort.gage ahall be binding upon and ahell enure to the benefit of the heire,executore,admiaistrators,succeseors and assigns of che � � � � ��
<br /> reapective parties herek.o.� . .� � : . . � .. . ... � .. .� . . ,
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<br /> � . �IN WITNESS WAEREOF,said Mortgagor S_ha 17e 6ereunLo set__—/theiT� . h s_the day and yeaz firsc above � . � � . �,�`�`f
<br /> written. .. � � ��� �. � � I,/��f � / .. � . � .
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