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<br /> �! UQ5`706 IVIORTGAGE
<br /> � � ` THIS INDENTURE. made thie 30th �y of .�'+en mbPr , 19>Z_, by and between �
<br /> ' Arden N:' Porter and Roberta J. Porter, husband and wife. each in his and her own right' �
<br /> ` and as spouse of the other,
<br /> �� of��� H�11 County, Nebraeka,as�mort�agor�_,�end Graad Island'IYvat Company of�Grand Laland, e corporation�� -
<br /> � � organized and existing under the lawe of Nebraeke with ita principat office and ptace of businesa at Grand Ieland,Nebraeka,as mohgagee;
<br /> ' � �� WITNESSETH: �.�T6at said mortgagor S,for and in conau3eration of the eum of�� � � � '
<br /> ; f Four Thousand`Two Hundred Sixtv Four and no/L00 – – – – – – –.pollazs{g' 4.264.00 �,
<br /> the receipt of which is hereby acknowledged,do�_by theae presents mortgage end warrent uato said mortgagee,�its succeasora and aseigns,��
<br /> �.�� forever,all the following described real eatate,eituated in the County of � _ Hall ` �� � ��� �
<br /> and State of Nebzaska,to-wit-
<br /> ¢ Lot Twenty (20), Le Heights Third Subdivision, Part of the East Half of the '
<br /> ; Northwest'Quarter (E'z NW�) of Section Eleven (11), Township Eleven (11) North,
<br /> ; ` Range Ten (10), West of the Sixth (6th) P.M. ; Ha11 County, Nebraska.
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<br /> ` . Toget6er with all heeting,sir conditioning,lighting,and plumbing equipment and f'uctures,�including screens,awnings,atorm windowe and
<br /> � �j� doora,and window shades ar blinds,uaed on or in connection with said property,whether the seme are now loc.ated on said property�or hereafWr.
<br /> �:.plaoed theseon.� � : � � � . . . . . � . . . . � . . ..
<br /> � i � ;. TQ HAVE AND�TO HOLD THE SAME,Wgethez�with all and singular the tenements,hereditaments end eppurtenances thereunW be-�
<br /> � � longing,�or.in aaywise appertaining, fore�er, and warrant the title to�the same. Said:morgagor_B_hereby covanant—with ssid �
<br /> - 3 morcgagee chat the v are ,ao che delivery hereof,the lawful owner S of the premises above conveyed�a a��ri�a,
<br /> ` S _; �d ���� are �s¢ized of.a good and indefeasible estate of inheritance themin, free and clear of all encumbrences,and that_tha.3L.will � �
<br /> ' ? `�.wscrant and defetad the title thereto forever egainat the claims and demands of aU persons whomsoever. � . �.
<br /> �� PRAV IDED�ALWAYS,and this instrument is executed and delivered.to secure the payment of the suxn of � � �
<br /> 1 �'oLr Thousand Two Iiundred Sixt�y Four and no/100 – – – – – �llarsl$ 4,264.00 �,
<br /> � with interest�thereoa,together�with such charges and edvances ae may�be due and payable to said mortgagee under the terms and conditions .
<br /> of�the proxniseory nota of even date herewith and secured hereby,executed by said mortgagor�_to said mortgagee,payable as exprnssed
<br /> �in said aote,�end�to�eecure the perfoxmance of ell the terme and coaditione contained therein.The terms of said.nots are hereby incorporsted � .
<br /> ��herein by.thie reference. . . � . . . . . . .� . .
<br /> r �� ��IL ia the intentioa snd agraemeat of the�pertiee hereto that this mortgage ahall aleo secure eny future advancea mada to seid mortgegor_S� � �
<br /> .:� by,said mortgagee,and any and all indebtedneae in addition to Lhe amount abuve steted whic6 said�mortgagora,or any of them,mey owe to . � � �
<br /> i .. �. .said�mortgagee,howevar evidenced,whether by note,book arcount or otherwise.This mortgage shali remain in full force and effect betwcen � � � � . �
<br /> �� t6e partiea hereto and their�heirs,personal representativea,successors and assigns,until�all amounts seeured hereunder, including fuWre � �
<br /> ��,advances�.�are�paid in�fuL'with interest. � � � . . . . � . .
<br /> � The.mortgegor�_hereby assiga^to said mortgagee all rents and i�a:aa ariaing at any and a!I timos frarn said properiy�and , �
<br /> r . �"hereby�authorize aeid�mortgagee or ite�agent,at its option,�upon default,to take charge of said property and collect all rents aad inwme � .
<br /> � 's� "��therefrom��and�"appiyt3�e�same.to��the paymenbbf-interest;-principal;iasurance�premiums,�texea,��assessmenLe; repeizs or unprovranents � . � �.�,.�
<br /> � ���neceseary to keep.said property in tenentable condition,or to other chergea or peymenta provided for herein or in the note hereby secured.This � � � .
<br /> rent assignment ahall continue in force until the uaQaid balance�of said note ie fully�paid.The taking of poasession hereunder shall in no.manner �
<br /> ? ptavant o;retacd said mortgagee in the collect�an of said eume by#orerlosuze oz otherwiae.
<br /> ' ��� The failure of the mortgagee Co asserL any of its rights hekeundex at any time shall not be construed as a waiver of its right to assert the � � ��
<br /> .���.same at any later-time,and to inaiet upon and enforce strict compliance with all�the tarme and provisions o#said note.and of this martgage. .� .. . .. � �
<br /> ;- If eaid mortgagor.g .. ehall causa to be paid to eaid mohgagee tha entire amount dua it hernunder,and undec the tem�s und provisiuns � �
<br /> ; . ��of said.note herahy aecuted,�iacludiag future.advancea,�and�any.extensions or renewals thereof in accordsace.with t]ae terms and provisions. � � �
<br /> thereof,and�if�aid morEgagor�_S._.shall�cqmply�with all theprovisione of said aote�and of this mnrtgage,then�thesa presents shall be void;� � .
<br /> at
<br /> � .: .�.�othexwiee to remaia�in full force.and effect;�an,d aaid mortgagee shall be eatitled to Lhe.poaseseion of ell of said�property,and may,at.its option, �
<br /> � � declere tha whole of aeid nots aad.nll indebtednesa represented thereby to be immediately.due and payable,.and may foreclose this mortgage , . � .� ��
<br /> �� , or�`take eny other tegal:aetion to protect its�'right.�Appraisement waived.'.:. � � "�.",: M �`
<br /> :��Thia mort � �� ,
<br /> � gege a6ell be biadiug vpon and ehall enure to the benefit of�the heira.'executore,adminiatratora,aucceasors end aesigns.�of the � �� ^ ��� .:��
<br /> ; � respective parties hereto.. � . . � '�;
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<br /> �-:' IN WITNESS WHEREOF,:said Mortgagor�4s.—ha�_hereunto eet hand�.�_the d yeer first a6ove :�'
<br /> written. . .. . . . � `�.
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<br /> . orter �:
<br /> o erta orte �
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