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<br /> MORTGAGE—Savings and Loan Forrn--(Direet Credit Plan) 255-2 (Special)
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<br /> 000511 MORTGAGE
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<br /> , 76-
<br /> Loan No
<br /> uary
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<br /> THIS INDENTURE,made this 30th dayJan
<br /> of 10 76 by and betlween
<br /> DANIEL M. EDDINGER AND JUNE A. EDDINGER, husband and wife, each in his and her own right
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<br /> and as spouse of the other 1 '
<br /> a
<br /> .5 County.Nebroska,as mortgagor—and Horne Federal Savings and Loan Association of Grand Island,
<br />, t• a corporation organized and existing under the lairs of Nebraeka with its principal office and place of business at Grand Island,Nebraska. •
<br /> as ttottgagee:
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<br /> VITITNESS-rTII: That sold mortgagor..§_, for and in consideration of the sum of
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<br /> !;: ' TWENTY NINE THOUSAND SEVEN HUNDRED AND N0/100 D2970000
<br /> ' 'ollars (S__
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<br /> . 1 the receipt of which is hereby acknowledged,do___by these presents mortgage and warrant unto said mortgagee, its successors and
<br /> assigns,forever,all the following described real estate. situated in the county of__ Hall
<br /> •' and State of Nebraska.lawn: .
<br /> ^ ' LOT THREE (3) IN AMICK ACRES SECOND SUBDIVISION, A PART OF THE NORTH HALF,
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<br /> OF THE SOUTHWEST QUARTER (NkSW3/4) AND PART OF THE SOUTH HALF OF THE NORTHWEST
<br /> QUARTER (8kNW3/4) OF SECTION TWO (2) TOWNSHIP NINE (9) NORTH, RANGE TEN (10),
<br /> WEST OF THE 6TH P.M. IN HALL COUNTY, NEBRASKA.
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<br /> Together with all heating, lighting, and plumbing equipment and fixtures,including stokers and burner&screens,awnings,storm windows
<br /> ) the and doors,and window shades or blinds.used on or in connection with said property,whether nsame are now located on said property
<br /> or hereafter placed thereon.
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<br /> TO HAVE AND TO HOLD THE SAME.trxrether with all and singular the tenements.hereditament*and appurtenances thereunto belong. .-
<br /> '.. log,or in anywise appertaining.foreverand warrant the title to the same. Said mortgagor_S hereby covenant__with said mortgagee
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<br /> _ h,y_ are at the delivery hereof,the lawful owner....!of the premises above conveyed
<br /> and described,and are ..„ •
<br /> Weed of a good and indefeasible estate of inheritance therein,free and clear of all encumbrance&and that__Ilie_Y__will warrant and i
<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 rum of.
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<br /> TWENTY NINE THOUSAND SEVEN HUNDRED AND NO/100 -IN:man, a 29,700.00 L -
<br /> ._'. with interest thereon,together with such charges and advances as may be due and payable to said mortgagee under the terms and '
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<br /> conditions of the promissory note of even date herewith and secured hereby,executed by Said mortgagor_§._to said mortgagee,payable
<br /> '-, as expressed in said note.and to secure the performance of all the terms and conditions contained therein. The terms of said note are
<br /> hereby Incorporated herein by this reference.
<br /> It Is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said -
<br /> mortgagar__§._by said mortgagee,and any and all Indebtedness in addition to the amount above stated which said mortgagors,or any
<br /> of them.may owe to said mortgagee,however avidenced,whether by note,book account or otherwise. This mortgage shall remain in full
<br /> '.. force and effect between the parties hereto and their heirspersonal representatives. successors and assigns, until all amounts secured
<br /> hereunder,including future advances,are paid in full with interest.
<br /> The mortgagor_S__hereby assign—,to said mortgagee all rents and income arising at any and all times from said property and
<br /> ..";, hereby authorize said mortgagee or Its agent,at Its option,upon default,to take charge of said property and collect all rents and Income '
<br /> t.'',.' therefrom and apply the same to the payment of interest.principal.Insurance premiums,taxes,assessments,repairs or improvements neces- '
<br /> 's.. Baty to keep said property in tenantable condition,or to other charges or payments provided for herein or in the note hereby secured. This .'
<br /> rent assignment shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no
<br /> manner prevent or retard said mortgagee in the collection of said sums by foreclosure or otherwiee.
<br /> '.' • The failure of the mortgagee to assert any of its rights hereunder at any time shall not be construed as a waiver of its right to assert
<br /> the same at any later time,and to instal upon and enforce strict compliance with all the terms and provisions of had note and of this
<br />• "1-7,., Mortgage. .
<br /> If said tnotayagor_g-...tdiali'cause to be paid to said mortgagee the entire amount due it hereunder,and Under the terms and provisions
<br /> of said note hereby secured.Including future advances,and any extensions or renewals thereof in accordance with the terms and provisions '
<br /> •;." theteof,and if said nrortgagor.....S___shall comply with all the provisions of said note and of this mortgage,then these presents shall be void:
<br /> otherwise to remain irt full force and effect,and said mortgagee shall be entitled to the possession of all of said property,and may.at Its
<br /> i,.1. option,declare the whole of said note and all indebtedness represented thereby to be Immediately due and payable,and may foreclose this
<br /> mortgage or take any other legal action to protect its tight,crud from the date of such default all items of Indebtedness secured hereby
<br /> . ' shall draw interect cri ft per annum. Appraisement waived.
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<br /> This mortgage shall be Media;upon and shall enure '0 the imneilt of the heirs,executors,adminietraten,successors and assigns ni
<br /> the respective parties hereto.
<br /> 'f.,.-... n IN WITNI3S WHEREOF. said Mortgagor S____ba—V-t hereunto est their
<br /> hancL...8_the day and year first above
<br /> written. 1
<br /> ,,,ff,:j.:,„-,r..(,/,1 ,Peet:21.1ty.,,s2..r:t. ___...• .
<br /> Daniel fL _Eddinger 71 .
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<br /> ,June A Eddingerc_-_-
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