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<br /> 4:: `MORTGAGE—Savings and Loan-Form—(Direct.Credit Plan).255.2 (Special)
<br /> 76- MORTGAGE
<br /> Loan No
<br /> t JA THIS INDENTURE,•made this /' .tay..nf -7�/+G�-<<�c 7(
<br /> 19 by and between
<br /> ROBERT F. CARLGREN 8 PHYLLIS J. CARLGREN, husband and wife, each in his and her own
<br /> right and as spouse of the other
<br /> 4 of Ha I I roomy,Nebraska.as mortgagor_a.,and Home Federal Savings and Loan Association of Grand Island.
<br /> x,i -' a corporation organised and existing under the laws of Nebraska with its principal office and place of business at Grand Island,Nebraska,..
<br /> ,t as mortgagee;
<br /> (sF - WITNESSETH: That said mortgagor for and In consideration of the sum of
<br /> IA THIRTY-FOUR THOUSAND AND NO/100 tlollare (E 34,000.00 )
<br /> } the receipt of which is hereby acknowledged.do_by these presents mortgage and warrant unto said mortgagee, its successors and
<br /> orb: `assigns,foraver,all the following described real estate,situated in the county of
<br /> Hall
<br /> g> and State of Nebraska,to•wit;
<br /> y.
<br /> l
<br /> ; ,
<br /> W`,z THE WESTERLY ONE-THIRD (I/3) OF LOT NO. THREE (3) AND ALL OF LOT NO. FOUR (4) IN
<br /> T, BLOCK EIGHTY—ONE (81) IN THE ORIGINAL TOWN (NOW CITY) OF GRAND ISLAND, HALL COUNTY,
<br /> ., .. NEBRASKA
<br /> il
<br /> It f
<br /> s '`i
<br /> ,
<br /> t
<br /> tf y, ) TTogether.with all heating.lighting, and plumbing equipment and fixtures,including stokers and burners,screens,awnings,storm windows
<br /> c; and doors,and windowshades or blinds,used on or in connection with said property,whether the same ars now located on said property.
<br /> or hereafter placed thereon.
<br /> TO HAVE AND TO HOLD THE SAME,together with all and singular the tenements,hereditaments and appurtenances thereunto belong.
<br /> k j. log.or in anywise appertaining,forever,and warrant the title to the same. Said mortgagor-S--hereby covenant_with said mortgagee
<br /> k_l `'
<br /> }!';�, that----ht. es._ are at the delivery hereof,the lawful owner S of the premises above conveyed and described,and are
<br /> ,s,- seized of a good and Indefeasible estate of inheritance therein,free and clear of all encumbrances,and that__.:1-hal_.will warrant and
<br /> defend the title thereto forever against the claims and demands of all persons whomsoever.
<br /> kr.,:"t PROVIDED ALWAYS,and this instrument is executed and delivered to secure the payment of the sum of
<br /> li THIRTY—FOUR THOUSAND AND NO/100 Dollars (s 34,000.00
<br /> with interest thereon, d
<br /> �' together with such charges and advances as may be due and payable to said mortgagee under the terms ®d
<br /> Y1.. conditions of the promissory note of even date herewith and secured hereby,executed by said mortgagor S 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 /> t`- herebyincorporated herein by this reference.
<br /> Ills the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said
<br /> t
<br /> mortgagor _bysaid mortgagee,.and any and all indebtedness in addition to the amount above stated which said mortgagors,or.any
<br /> 'l of them.may owe to said mortgagee,however evidenced,whether by note,book account or otherwise. This mortgage shall remain In full
<br /> r'` force and effect between theparties hereto and their heirs,
<br /> rpersonal repreaeatatives, successors and assigns, until all amounts secured
<br /> *` hereunder.including future advances,are paid in full with interest
<br /> jte�f The mortgagor....L. sl
<br /> hereby. gn_to said mortgagee all rents and income arising at any and all times from said property and hereby authorizesaid mortgagee or its agent,at its option,upon default,to take charge of said property and collect all rents and income
<br /> ,-. therefrom and apply the same.to the payment of interest.principal,'insurance premiums,taxes,assessments,repairs or Improvements news.
<br /> kr sary to keep said property in tenantable condition,or to other charges or payments provided for herein or in the note hereby secured. This
<br /> r. rent.assignment shall continue to force until the unpaid balance of said note Is fully paid. The laking of possession hereunder shall in no
<br /> S manner prevent ar retard said mortgagee In the collection of said sums by foreclosure or otherwise.Ffa;'r 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 /> r, the same at any latera time,and to Insist'upon..and enforce strict compliance with all the terms and provisions of said note and of this
<br />!.a` -mortgage..
<br /> If said,
<br /> mortgagor.S shall cause to be paid to said mortgagee the entire amount due it hereunder,and under the terms and provisions
<br /> Or( , of said note hereby secured including future advances,and any extensions or renewals thereof in accordance with the terms and provisions
<br /> i thereof,and if said mortgagor- —shall comply with all the provisions of said note and of this mortgage,then these presents shall be void:
<br /> . otherwise to remain in full force and effect.and said mortgagee shall be entitled to the possession of all of said property,and may.at Is
<br /> } .option,declare.the whole of said note and all indebtedness represented thereby to be immediately due and payable,and may foreclose this
<br /> v mortgage or take any other legal action to protect is right,and from the date of such default all items of Indebtedness secured hereby
<br />) ehati drawinterest at 9%per annum. Apprasement waived.
<br /> ti.
<br /> t. This mortgage shall be binding.'upon and shall enure to the benefit of the heirs.executors.administrators,successors and assigns of
<br /> K. the respective parties hereto.
<br /> written.
<br /> WITNESS WHEREOF, said. _ hand—_—.5 the day and year first above
<br /> fMortgagor >,.,ye hereunto set' their hand
<br /> rl t(gic,� (y- n cG> / -.ter
<br /> Robert F. Carlgre Phy1 s J. a Yen ,,
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