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MORTGAGE—Savings tend loan Form—(Dtzect Credit Plan) 255.2 (Spatial) _
<br /> ># 76'' 00 r 1 I MORTGAGE
<br /> Loan No_
<br /> TFIIS INDENTURE.made able I Ith February 76 1
<br /> ## RY 19__,by and between }
<br /> 2?} FOURTH STREET INSURANCE AGENCY By LORREN W. WHITE, PRESIDENT };
<br /> 3 p#' '
<br /> <iii`iii
<br /> �3. of He I i clonal,Nebraska,as mortgagar�and Home Federal Savings and loan Assodation of Grand Island, ori
<br /> S$ a corporation organised and existing ander the laws of Nebraska with its principal office and place of business at Grand Island,Nebraska,
<br /> FS, as mortgagee:
<br /> jli WITNESSETH: That said mortgagor 5 for and in consideration of the sum of
<br /> 4$ SIXTY THOUSAND. AND NO/100--- ---- - ------- unlearn (e 60.000.00 ) It
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<br /> $ "
<br /> the receipt of which is hereby tzckavwledged tin_ tmt. =d,Nebthese and warrant unto said mortgigee, 1t. ausuccessors $j
<br /> and 2j
<br /> $ assigns,forever,all the following=earthed real estate, situated to the county of He 1 1 f
<br /> 1 and State of Nebraska,to-wit:
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<br /> t iiS _
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<br /> S 0
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<br /> $S
<br /> $3 S
<br /> 11
<br /> li LOT SIX (6) AND THE WEST HALF (Wd) OF LOT SEVEN (7) IN BLOCK 3'
<br /> S£ o
<br /> TEN (10) IN BAKERS ADDITION TO THE CITY OF GRAND ISLAND, S
<br /> HALL COUNTY, NEBRASKA.
<br /> .t
<br /> Ff
<br /> 1$,
<br /> $ f
<br /> •s., Together with all heating,lighting, and plumbing equipment and fixt res,including stokers and=men,screens.awnings,storm windows 2"
<br /> r and doors,and window shades or blind%used an or in connection with said 1,,.,,l,oz y,whether the same ars now located an said property S
<br /> -4 or betxWier placed thereon. jt.
<br /> 4
<br /> ,e TO HAVE AND TO HOLD TM SAME,together with all and singular the tenements,hereditament.mid appurtenances thereunto belong- $j
<br /> • 3S fag,or in anywise appertaining,forever,and wamaat the title to the same, Said mortgagor--Si-hereby nocee-n+ with said mortgagee rs
<br /> i that •_7he.� bre at the delivery hereof,the lawful owner acr
<br /> of the premises abase conveyed d ilesmibed,and are IS
<br /> 1+r seized cd a good and indefeasible estate of inheritance therein,free and dem of all encumbrances.and that The V will warrant and 33T
<br /> 4 defend the title thereto forever against the claims aid demands of all persons whomsoever. 111
<br /> K 13
<br /> $S PSOVTDED ALWAYS, and this instrument is executed and delivered to were the payment of the sum co
<br /> 3 SIXTY THOUSAND AND NO/100----_-----___—_—__--------------Dovma (.t r•.0 l'In On 1. t
<br /> jwith interest thereon,together with such charges ani adva:cues as may be due and payable to said mortgagee under the terms and # '
<br /> tradition of the promissory note of even date herevnth and secured hereby.executed by said mortgagor�to said mortgages,payable jr{
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<br /> as expressed in said note,and to secure the perfa ,.,.^e of all the terms and motions =tanned therein. The terms of said note are .11
<br /> i ' .$ hereby incorporated herein by this reference. $> . .
<br /> #S It is the Intention and agreement of the parties hereto that this mortgage shall also secure any bonne advances made to said #i> '
<br /> ii It
<br /> S martgagor_;z by sad mc-tgagee,and any and all indebtedness bi addition to the amount above stated which said marigaggn, or nay i.
<br /> iof them.may owe to t..^3 mortgagee,however evidenced, whether by note,book amount or otherwise. This mortgage shall remain in fall 4 .
<br /> SS force and effect between the parties hereto and their heirs,personal representatives. success= mid assigns, until all =taunts secured 1$
<br /> hereunder,including fut,.,e advances,me paid it full with interest t
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<br /> i. The mortgagaz�,,hereby assign--to said mratgagee all rents and. income arising at any.and all times from saidproperty0
<br /> IF hereby truth:Mee said a
<br /> mortgagee or its anent at its option,upas default to take a of said n
<br /> { therefrom and apply the amen to the payment d interest, ch.-j essment ani airs or allm rents and income
<br /> .:.oio oozy to keepsaid principal,Sges or p Pre is %taxes, erein or,repairs or improvements a cure neves•
<br /> property to tenantable cosdttioi.or to other chola=or ecymens provided for herein or in the note hereby secured. This St •
<br /> 4 rent rsslt*ir�e„t shall continue in free until the unpaid balance of said note is fully paid. The taking d possession hereunder shall in no 2
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<br /> i manner}.:event or retard said mortgagee in the collection of maid sums by foreclosure az otherwise.
<br /> { The failure of the mortgagee to assert ray of its rights hereunder at any timce shall not be nstrned as a waiver of its right to assert i
<br /> -_4 the same at any later time,and to iasis upon and enfmce ch a compliance with all the terms and provisions of said note and d this $F
<br /> {3l mortgage,.
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<br /> 'S if said mortgagor. chill cruse to be paid to said mortgagee the entire=cant due it hereunder,aa5 under flu,terms and pravidone '
<br /> Nof said note hereby secured,incl•,asng future advancer and any extensions or renewals thereof in accordance with the tenor and provisions .
<br /> thereof,and if said mrtg� 5 shall comply. with all the0t
<br /> oprovidans be sold note she p this mortgage,then ldeproperty,yeh:1t y, void; f$
<br /> otherwise to remain in full•fare and effect and said mo:'tgagea'hall entitled to the possession of all 01 said and may,at its
<br /> 0i Option,declare the whole at said.nate and all indebtedness represented thereby to be immediately due and payable,trod may foreclose this �'
<br /> �( gage or lake any other Legal artian to protect Its right and from the date of such default all items of indebtedness scorned hereby $S
<br /> ( shall draw interest 090%.per mono . Apprnisement winced.
<br /> #Sj,
<br /> if the This respective age patias ohttbe binding
<br /> upon and shall enure to the benefit of the hairs•executors,odminisraars,wayesars and assigns cd S% • '
<br /> f$
<br /> ,F written EN WITlt S WHEREOF, said Mortgagor S tic,'ye hereunto set 'ho 1 r lyra c the day and year first above i •.
<br /> FOURTH STREET INSURANCE AGENCY , %f: , ,7'--
<br /> ATTEST: +i
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