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MORTGAGE—Savingsand Loan Form--(Direct Credit Plan) 255-2 (Special/ •
<br /> t;. 76" OC10 611 MORTGAGE
<br /> Loan No •
<br /> ,•: 4th day at February 1976
<br /> ;i1..,,.'
<br /> TI{I9-.ItIDEFILg1U::inaalp this- .by and between
<br /> ' I DAVID J. BEUKENHORST AND JANICE K. BEUKENHORST, husband and wife, each in his and her
<br /> t r .
<br /> ,,, t own right and as spouse of the other
<br /> et__ Ha I I - County,Nebraska,as mortgagor.-_:.and Home Federal Savings and Loan Association of Grand Island'.
<br /> -' a corporation organisedand existing under the laws of Nebraska with its principal office and place of business at Grand Island.Nebraska.
<br /> 7• as mortgagee: ..
<br /> WITNEILSETH: That said mortgagar 5 for and in consideration of the sum of
<br /> " TWENTY-THREE THOUSAND AND NO/I00 Dollars (5 23,000.00
<br /> it,, the receipt of which is hereby acknowledged do_by these presentsmortgageand warrant unto said mortgagee,
<br /> -itssuccessam and
<br /> ,,r assigns,forever,all the following described real estate,situated in the county of Ha I i
<br /> and State of Nebraska to-wit: - ..
<br /> LOT SIX (6), MARYLANE SUBDIVISION, HALL COUNTY, NEBRASKA
<br /> `r:r
<br /> 4
<br />,,▪ , ) Together.with all heating, lighting, and plumbing;equipment and fixtures..including stokers and burners.saeene.awnings,,storm windows' t
<br /> f,_and doorsand window shades or blinds,used on or in connection with saidproperty,whether the same are now located on said property:..
<br /> r.,5. or hereafter placed thereon.
<br /> TO HAVE AND TO HOLD THE SAME,together with all and singular the tenements,.hereditaments and appurtenancesthereunto belong.:
<br /> • log,or in anywise appertaining,forever,and warrant the title to the same. Said mortgagor.$.._.hereby covenanter with said mortgagee
<br /> t3 that rtY are at the delivery hereof,the lawful owner_.of the premises above conveyed and described.and
<br /> I seised of a good.and.indefeasible estate of tnherttonce therein,free and clear of all encumbrances,and that fha,_will warrant and-
<br /> j 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
<br /> TWENTY-THREE THOUSAND AND NO/100oauara (S 23000.00 )
<br /> t wife Interest thereon,together with such charges and advances as may be.due and payable to said mortgagee under the terms:and.
<br /> • -conditions of the promissory note of even date herewith and secured hereby,executed by said mortgagor—to said mortgagee,payable
<br /> as expressed insaid 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 intentionand agreement of the parties hereto that this mortgage shall also secure any future advancesmade to said
<br /> • mortgagorE__by said mortgagee,and any and all indebtedness in addition to the amount above stated which said mortgagors.or any
<br /> ofthem.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 parties hereto and their heirs.personal representatives, successors and assigns, until all amounts secured
<br /> hereunder,including future advances,are paid in full with interest
<br /> ,
<br /> la'
<br /> The mortgagor S.hereby-assign.__to sold mortgagee all rents and income arising at any and all times from.said property and
<br /> hereby authorise p laid mortgagee or Its agent at Its option,upon default to take charge of said property and collect all rents m and.income
<br /> a - therefrom.and apply the name to the payment.of.interest rind
<br /> p pal,insurance promiuma,taxes,aswenmanta,repairs or improvements:a
<br /> , nary to keep said property in tenantable condition,or to other charges or payments provided for herein or in the note hereby secured. This
<br /> P;::. rent assignment shall continue in force untilthe unpaid balance of said note is fully paid. The taking of possession hereunder shall in no
<br /> manner prevent orretard saidmortgagee,in the-collection•ef said sums by foreclosure or otherwise.
<br /> ';. ' The failure of the mortgagee to assert_any of to rights hereunder at any time shall not be construed as a waiverofits right to assert
<br /> the same atany later time,and to insist upon and enforce strict compliance with all the terms and provisions of said..note and of this
<br /> If said mortgagor_ shall Cause to be paid to saidmortgagee 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 to accordance with theterms:and..provisions
<br /> i▪' thereof.and if said mortgagors_shall comply with all the provisions of said note cad of this mortgage,then the,,presents shall be void:.
<br /> • i otherwise to remain fa full force and effect,and sold mortgagee shall be entitled to the possession of all of said property,andmay,at.its
<br /> option,declare the whole of said nom and all indebtedness represented thereby to be immediately due and payable,and may foreclose this `
<br /> E , mortgage or take any other legal action to protect its right.and from the date of such default all items of indebtedness secured'hereby.
<br /> rtshall draw interest at l,per annum. Apprai ement waived. I
<br /> .. This mortgage shall binding,upon and shall.enure to.the benefit of the heirs,executors.-administrators:successors'and assigns.of
<br /> ,,e',- the respective parties hereto.
<br /> r- wriltIN WITNESS W1fffizOP. ••_;mortgagor S t,,.ye' hereunto.set �• e I r - hnnd S the day and year first above ° -..
<br /> dvt
<br /> David J. Ueukenhorst j,I4nlce K. Beukenh_urst
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