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<br /> i MORTGAGE=-Savings,and Loan,Fonio--(Dlnet Credit Flair 2554 (Special)
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<br /> # 76 000 92 MORTGAGE •
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<br /> THIS Dr•DENTURE:ma..this 1 1 th a„„of February 19.76 by and between.,
<br /> ' BERNADEAN.M, BLAYNEY,.a single person
<br /> ••tt .: of• Ha 1 I' r'ounty,Nebraska.as mortgagor_,and Home Federal Savings and Loan Association of Grand Island�. II
<br /> ><a a corporation organised and existing:under the:laws of Nebraska with lis principal office and place of business at Grand.lslandk.Nebrmka,'
<br /> •: .,as mortgagee: .
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<br /> ` WITNESSETH: That said mortgagor—, for and in consideration-of the sum of
<br /> lji EIGHT THOUSAND TWO HUNDRED AND NO/I00 no=,(a 8,200.00 )
<br /> the receipt of which is hereby acknowledged:does by these presunts mortgage and warrant u=LI red mortgagee,.Its successors and-
<br /> 1,0 assigns,forever,all the following described real estate,situated In the county of Hall
<br /> t and State of.Nebraska,to-wit:
<br /> it,, LOT TWO (2), IN BLOCK FORTY-ONE (41), IN RUSSEL WHEELER'S ADDITION
<br /> TO THE CITY OF GRAND ISLAND, NEBRASKA
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<br /> . } Together:.with all heating, lighting, and plumbing.equipment and fixtures,including stokers and burners,.screens,awnings.storm windows::
<br /> and 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 /> TO HAVE AND TO HOLD THE SAME,together with nil and singular the tenements,hereditaments and appurtenances thereunto belong.
<br /> 1.1 lug,or in anywise appertaining.forever,and warrant the title to the same. Said mortgagor_herebycovenantl_with saidmortgagee
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<br /> E.' that She I S at the delivery hereof,the lawful owner_of the premises above conveyed and described,and I S
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<br /> ff seized of a good and indefeasible estate of inheritance therein,free and clear of all encumbrances,and.that the_will warrant.and
<br /> ,•;' T defendthe title thereto forever against the claims and demands of all persons whomsoever.
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<br /> PROVIDED ALWAYS, and this Instrument is executed and delivered to secure the
<br /> payment of the sum of
<br /> EIGHT THOUSAND TWO HUNDRED AND NO/100
<br /> Dollars ft 8,200.00 1
<br /> i, with interest thereon,togetherwith such charges and advances as may be due andpayable to saidmortgagee under the termsand
<br /> n '. conditions.of the promissory, p miasary note of even date herewith and secured hereby,executed by said mortgagor_to said mortgagee,payable
<br /> Tas expressed in said note,and to secure the performance of all the terms and conditions.contained therein. The terms of said note are
<br /> -i 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 advancesmadeto said
<br /> r.� mortgagor_by said mortgagee,and any and all indebtedness is addition to the amount above stated which saidmortgagors,or any
<br /> ` of them.may owe to said mortgagee,however evidenced,whether by note,book account or otherwise. This mortgage shall remain in full
<br /> F. force andeffect betweenthe 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 /> The mortgagor_hereby assign.J._to said mortgagee all rents and income arising at any and all times from said property and.
<br /> - hereby authorizesaid mortgagee orits agent.at Itsoption,upon default.to take charge of said property and collect allrents and.income
<br /> -.therefrom and apply the same to the payment of interest,principal,insurance premiums,taxes,assessments,repairs or Improvements necee.
<br /> Z.;, earyto keep said property in tenantablecondition,or to other charges or payments provided for hereto or in the note hereby secured. This
<br /> rent assignment shall continue in force until theunpaid balance of said note is fully paid. The taking of possession hereunder shall is no
<br /> r manner prevent or retard said mortgagee in the collection of said sums by foreclosure or otherwise.
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<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 /> I., the same,at any later time,and to Watt upon and enforce strict compliance with all the terms and provisions of said note and of this
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<br /> If sold.mortgagor_shalluse to be paid to sold mortgagee the entire amount due It hereunder,sad under theterms and nroviston•
<br /> of said note hereby sec ureal,includinmg:future advances,and.any extensions or renewal-thereof in accordance with the teras-and provisions e •
<br /> t thereof,and.if said-martgagor_shall comply with all theprovisions of said note and of this mortgage,then these presents shall be void;
<br /> t s otherwise to remain la:full.force-anti effect,and said mortgagee shall be entitled to the pos:eesion of all of said property,and may,at.its
<br /> V"" option,declare the whole of said note and all indebtedness,represented thereby to be immediately due and payable,and may foreclose this
<br /> i; mortgage.or.take as r legal action to protect.its right,-and from the date of such default all items of indebtedness.secured hereby
<br /> shall draw interest at 1 per annum. Appralsement waived.
<br /> ;� the re mortgage shall be binding upon sad shall enure to the benefit of the heirs,executors.administrators,successors and assigns of
<br /> respective parties- hereto. _ - ;•�
<br /> J�.� written. WHEREOF, said-Mortgagor _10_5_ hereunto est hey hand jibe day.and year first above
<br /> f /4T,,i(adii1//Zyi:
<br /> nadean M. Blayney --a sv'ingp person
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