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<br /> J;�� �?�5"107 MORTGAGE
<br /> ITHIS INDENTURE. made thie 22nd day of September , 19��. by and betiween �
<br /> David T. Schinke and Roberta J'. Schinke, hushand and' wife; each in h9s'and her nwn riohr
<br /> $ and as spouse of the other
<br /> � of� ��Hall County,Nebraekfl, ea mortgegor S ,and Grsnd Island Truat Company�of Grand Island, e�corporation �
<br /> ` �� �orgaaized and exisfing�under the lawe�of Nebraeka with�ite principal offce and place of buaineae"at Grand Islaad,Nebraska�,.pa mortgagee;.� .
<br /> ; �. � WITNESSETH: �.Thet eaid mortgegc�r,X. ,for and in coneideration of the aum of . � � � �
<br /> .._
<br /> _,�.:_,
<br /> Three Thousand Twenty and no/100 – – – – – – – – – – �Dollers(ffi �%A= �ii�20',00 �
<br /> the receipt of which is hereby acknowledged,do—by theae preaents mortgage and warrant'�unto said mortgsgee,�it9��50is aad asaigne. �
<br /> . foraver,all the following described real eatate,aituated in the County of �� Ha3,],_ ��"� �� � � �
<br /> � and State of Nebraska,to•wit: . � � � .. � .. .. . . � . . �
<br /> So�sther3y Farty-Nine feet (49') of Lat Twenty-Five (25), Also the Northerly Three feet �3'J
<br /> of Lot Twenty-Six (26), and Also Part of Lot Twenty-Six (26) , described as followse Coimnen
<br /> cing at a point which is Three feet (3') South and Sixty-eight feet (68') West of the
<br /> , ' Northeast (NE) corner of said Lot Twenty-Six (26), Said point being the point of beginning,
<br /> running thence West parallel with the North lot line of said Lot TYaenty-Six (26), for a
<br /> distance of Thirty-1t.o (32'), running thence South parallel with the West line of said Lot
<br /> Twenty-Six (2b), for a distance of Three feet (3'), running thence East, parallel with the
<br /> South lat line of said Lot Twenty-Six (26), for a distance of Thirty-Two (32') feet, runnin
<br /> thence North, parallel with the East lot line of said Lot Twenty-Six C26), for a distance
<br /> of Three feet (3') to the point of beginning. All being in West Lawn, an Addition to the
<br /> City of Grand Island, Hall County, Nebraska.
<br /> ALSO: Westerly Twenty-Two feet (22') of Lot Tive (S), in Block Nineteen (19) , in the
<br /> Original Town of Alda, Hall County, Nebraska.
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<br /> � � Together with all heating,air coaditloning,lighting,and plumbing equipment azfd fixtures,induding screens,awninge,storm windows�and�� .. .�
<br /> ,� doora,aad window ahades or btinde,uaed on or in connection with said property,whether the seme are now located on said property or her�fter -
<br /> pleced thereon.
<br /> TU HAVE AND TO HOLD THE SAME,together with all and aingular the tenements,hereditaments and appurtenances thereunto�b¢� �
<br /> � longing, or in saywise appertaining, forever, and warrant the title to the same. Said morgagorS—hereby coveaant.�with said � �
<br /> � mortgagee that tha y are ,at the delivety hereof,the lawful owner 5 of the premiaea above wnveyed flnd described, .
<br /> �a Sre � ���of a good and indefeasible eatate of inheritance therein,free and cleer of all encumbrances, and that_the.�will � �
<br /> �warrant and defend the title thereto forever againet the clsime and demanda of all persons whomsoever. . � � �
<br /> : ;j . �PROVIDED ALWAYS,and thie instrument ie executed and delivered to secure the peyment of the eum of � �
<br /> Three Thousand 'Itaenty and no/100 – – – – – – – – – – – – Dollars�� 3,020_00 �,
<br /> with interest th.areon,together with such ck�arges end advances as may be due and payable to said mortgagee under the terms end conditions � . � .
<br /> . of the�promiseory note of even date herewith and aecured hereby,executed by seid mortgagor.�_to eaid mortgagee,payabla as expressed � �� � �
<br /> ::'� � in au(3 note,and to seeure tha performance of all the Lerms and conditiona contained the�ein.The terms�of said note are hereby incorporated � . � �
<br /> i.��. herein by thie reference. � . � .
<br /> i . . � It is the intention aad agreemeat of the partiea hereto Lhat tliia mortgage shall elso aecure any future advancea made to eaid mortgagor_S �� � � � �
<br /> ����i �� by eeid mortgagee,and eny aad all inde6tednesa in addition to the amount aFwve stated whicl.said rnortgagors,or any of them,may owe to � �
<br /> � said mort
<br /> gagee,however evidenced,whether by note,book account or otherwise.This mortgege shall remain in full force end effect be4wuen .
<br /> the�parties hereto and their heirs,personal representatives,successors and assigns, until ell amounte secu[ed hereunder, including future �. � . � �
<br /> .advances,are paid in fuL'with interest. � . . �
<br /> The mortgagoz_�hereby esaign_to eaid mortgagee all rents and income ariaing at any and all times from said property and �� �. � �
<br /> hereby authorize said mortgagce or its egent,at ite option,upon default,to take charge of eaid property and rnllect all reats and income � � � � � �
<br /> �� '�therefrom and apply the eame to��the payment of intecest,principal, inaurance premiums, taxes, eseeasmeats, repainv or lmprovemenCs �. �
<br /> necaseaty to kcep said property in teaantable condition,or to other charges or payments provided for herein or in the note hereby secured.This . � � �
<br /> � rent aasignment ehali continue in force until the unpaid batance of said nota ie fully paid.The teking of poseession hereunder shnll in no manner � �
<br /> prevent or retard waid mortgegee in the collection of eaid suma by fereclosure or otherwise.
<br /> The failuxe pf the mortgsgee to assert any of its rights hereunder at any time shall not be conatrued as a waiver of its right to assert the � �
<br /> seme at any leter time,and to insist upon and enforce atrict complience with all the terms and provieions of said note and of thia mortgage. � � � �� � ��
<br /> If seid mor�gagor g ehaIl cautte W be puid[o eaid mortgagee Lbe entite emount due it hereunder,and.under tbe termr�and proviyions . .
<br /> � of said nota hereby secured,including future advances,and any extensians or renewals Lhereof in aceordance with the terms.and provisions . . � � � �
<br /> �thexeof,and if aeid mortgegor�_eball comply with all the provisions of said note and of this mortgage,then thesa presents ehail be void; � .� � . � R
<br /> otherwine to remain in fuA force and effect,ead eaid mortgagea ehell be entitled to the possesaioa of all of said property,and msy,at its option,
<br /> �declare the whple of eaid note and all Iadebtedaeae represented thereby to be immediately due and�payable,and may foreciose tkis mortgage - '�'� z�''• �
<br /> or take eay other legal action to protact ita right.Appraisement waived. � - �'s',��'�
<br /> Thia mo ehall be bin v gn �: "��
<br /> rtgage ding pon aad ehall enure to the beneflt of the heira,e:ecutore,ad[ninietratare. succeseors and aeai s of the -��
<br /> trespective partiea hereto:. . . : . � . . . � . . � � �`�,�v
<br /> � ��IN WITNES3 WHEREOF, eaid Mortgagor�_ha�.hereuntof 4'et.�S'��j,i' . thad � and year first above . . :'f��'s��
<br /> ' �written. � � .. `, \ ,�' � . . � .
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