|
••
<br /> .. 9 tine 9 v
<br /> MORTGAGE--Savings and Lean Form—{Direct Credit Film) 255-2 (Special)
<br /> 000322 MORTGAGE •
<br /> Loan No ,THIS INDENTURE.txiteNroEE,man. thin 19th i,� of_ December 7,5
<br /> 19__,by anti between
<br /> EDWARD M. NEPPL AND MARCENE Y.NEPPL, husband and wife, each in his and her own right 8`.
<br /> 3 and as spouse of the other f
<br /> of Hall g $
<br /> County:Hekaaska,as mortgagor_•and gums.Federal Savings and Loan Association of Graced.Island, ?
<br /> a corporation.organised and existing under the laws of Nebraska with its principal office and place of business at Grand Island.Nebraska. {
<br /> as rbarigogee,
<br /> WIT ESSETH: That said mSortgagor for and in consideration of the sum at r
<br /> TWENTY THREE THOUSAND AND NO/100 neons. is 23,000.00 1 Tj}t$
<br /> the receipt of which Is .,
<br /> •}r
<br /> hereby acknowledged. da__ by these presents mortgage and warrant unto said mortgagee. Its successors and i,
<br /> , assign*, forever, all the following described real estate. situated in the county of Hall >•$ �,.
<br /> j/ and State of Nebraska,to wit: to
<br /> +$�
<br /> LOT ONE (1), IN BLOCK ONE (1) IN CAPITAL HEIGHTS SUBDIVISION, S
<br /> BEING A PART OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER {
<br /> $S (SE'SWtk) OF SECTION TWO (2), TOWNSHIP ELEVEN (11) NORTH, RANGE
<br /> t' " ; TEN (10) WEST OF THE 5TH P.M., IN HALL COUNTY, NEBRASKA.
<br /> x
<br /> y. 1$ $
<br /> $
<br /> i
<br /> T3 Together with all heating. lighting, and plumbing equipment and fixtures.including stokers and burners,screens,awnings,storm windows $
<br /> jj$
<br /> S
<br />,„ T aid doors,and window shades or blinds. used on or in connection with said property,whether the same are now located on.said property $$
<br /> or hereafter placed thereon.
<br /> SAKE.HAVE AND TO HOLD THE SAE. together with all and singular the tenements.hereditaments and appurtenance*thereumte belong. 4
<br /> f lug,or in anywise appertaining,forever.and won-rant the title to the same. Said —8
<br /> that ttare mortgagorhereby Covenant__with said mortgagee $S
<br /> at the delivery hereof,the lawful owner S of the premises above conveyed and described,and are it
<br /> I$. seized of a good and indefeasible estate of inheritance therein,free and clear of all encumbrances,and that to Y will warrant and F$ .
<br /> -<$ defend the title thereto forever against the claims and demands of all persons whomsoever.
<br /> :$PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of 33
<br /> t TL.TENTY THREE THOUSAND AND NO/100 n.IIa SR 23.000.00 i. $; •
<br /> with.interest thereon, together with such charges and advances as may be due and payable to said mortgages under the terms and 1
<br /> th
<br /> condition, of e promissory cote of even date herewith and gemmed hereby,executed by said mortgagor S to said mortgagee,payable
<br /> ' as expressedin said nate.and to secure the performance of all the terms ars! conditions contained therein. The terms of said note are
<br /> $ hereby incorporated herein by this reference. el
<br /> S It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said tsi
<br /> jj mortgag' S rtg
<br /> by said moagee• and any and all indebtedness fa gr;
<br /> rtdto., to the am ut above stated which said mortgagors, or as
<br /> of them• may owe to said mortgagee, however evidenced, whether by note,book account or otherwise. This mortgage shall remain in full - .
<br /> force and effect between the pares hereto and their heirs, personal representatives, successors and assigns. until all amountseS
<br /> hereunder•including future advances, t are paid in full with interest_ secured 333
<br /> The mortgagor S hereby . to said mortgagee all rents and income raising at any and all times from said property and +i
<br /> hereby authorize said mortgagee or its agent, at its option, upon default,to take
<br /> + therefrom and ,chargem of said ptvevity and collect all rents and inane
<br /> apply the sums to the payment of interest. insurance � r ..
<br /> toPrher c. premiumr, ided ants, the notes er ereby a cure "woes-his a
<br /> sexy keep said property in tenantable ���,en to other charges or payments provided for herein or in the hereby secured This 11,
<br /> rent a signment shall continue in force until the unpaid balance of said note is f ally paid• The taking of possession hereunder shall in no manner prevent or retard said.mortgagee in the co lectian of said suis by fore dire or otherwise. Sttf
<br /> A The failure of the mortgagee to assert any of its rights hereunderand at any time shall not be construed as a waiver of its right to with all the terms and praviafoas of saidassert note and al this ;{
<br /> $ the same at any tater time.and to insist upon enforce strict compliance77}"'
<br /> maxsgage. _
<br /> If said mortgagor 8 alien1
<br /> $ of said
<br /> ..cause to be paid to said mortgagee the satire amount due it hereunder•and under the terms and provisions S
<br /> r
<br /> id note hereby secured,including future advances.and any extensions or renewals thereof in accordance with the term: and provisions
<br /> thereof,and if said mortgagor S shall comply with all the provisions of said note and of this mortgage•then these presents shall be void: I
<br /> 5 otherwise to remain in full farce and effect, and said mortgagee shall be entitled to the possession of all of said property, and may.at its ry
<br /> option. declare the. whole of said note and all indebtedness represented thereby to be immediately due and payable,and may foreclose this {35- - ..,,,x ,
<br /> .- mortgage or take any other legal action to protect its right: and from the date of such default all Items of indebtedness secured hereby t
<br /> shall thaw interest at 9%per annum. Apprai�t waived. SS
<br /> . the renis mor panties hereto rtgage shall be binding upon cors
<br /> d shall enure to the benefit of the heirs, executors• administrato , successors and assigns of f " "�
<br /> + 3
<br /> IN.WITNESSWl r , said SLa:tga�rS. to ve hereunto set their t,,,,,A 5 {$ _
<br /> ,l smitten. the day and year first above ?
<br /> b Ari M. Neppi /; , �j{t<
<br /> X ///'Lf 1f, -.' {_ • )'ey..
<br /> Marcene Y. Neppl j j S
<br /> J
<br /> ••
<br />•
<br /> •
<br /> •
<br /> '
<br />
|