|
MORTGAGE—Savings and loan Form—(Direct Credit Plan) 255-2 (Special)
<br /> 1---76-
<br /> (1 0} 7 R MORTGAGE
<br /> I. '7
<br /> Loan No
<br /> THIS INDENTURE,:made Ulf+ 5th
<br /> , o March 19 76
<br /> day and between
<br /> JUDITH R. KRAMER, a single person AND THELMA LEA MASON, a single person $
<br /> 3
<br /> i',.,',„:,.-,' o[ Hall County,Nebraska,as mortgagor,and Home Federal Savings and Loan Association of Grand Island,
<br />,14.::',i
<br /> ` a corporation organized and existing under the laws of Nebraska with its principal office and place of business at Grand Island,Nebraska,
<br /> . as mortgagee:
<br /> WITNESSETH: That said mortgagor — !or and in conefderation of the sum of
<br /> THIRTY FOUR THOUSAND ONE HUNDRED AND NO/100Dollars (3 34,100.00 ),
<br /> rk
<br /> the receipt of which is hereby acknowledged,do_by these presents mortgage and warrant unto said mortgagee, Its successors and 1
<br /> t Hall
<br /> asdgas,forever,all the following described real estate,situated is the county of
<br /> $$ and State of Nebraska,to•wit:
<br /> t
<br /> r 1 $$ i
<br /> LOT SIX (6), WESTERN HEIGHTS SECOND SUBDIVISION IN HALL COUNTY,
<br /> ._ NEBRASKA.
<br /> fir, /$
<br /> Y
<br /> i
<br /> £ tS#iff
<br /> $i Together with all heating, lighting, and ! $j
<br /> plumbing equipment and fixtures.including stoker"and burners.seeena,awnings,storm windows �>S>S>S
<br /> ei and doors and window shades or blinds.used on or in connection ertth add property,whether the same are now loaned on said property $
<br /> f 1j or hereafter placed thereon,
<br /> $
<br /> 3}3 TO HAVE AND TO HOLD THE SAME.together with all and angular the tenements.hereditaments and appurtenances thereunto belong. $
<br /> $$
<br /> bag.or in anywise appertaining,forever,and warrant the title to the same. Said mSortgagor hereby covenant_
<br /> with said mortgagee i$
<br /> $j$ that the ti_` are at the delivery hereof,the lawful owner 9 of the premises above conveyed and described.cad art. i,
<br /> of
<br /> j}S seised of a good and indefeasible estate of inheritance therein,free and clear of all encumbrances,and that he.r_will warrant and $$
<br /> claimsi defend the title thereto forever against the and demands of all persons whomsoever.
<br /> tij PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of
<br /> S$ THIRTY FOUR THOUSAND ONE HUNDRED AND NO/100 nollare to 3',-,1.0°.00 I. $ ,
<br /> with Interest thereon.together with such charges and advances as may be due and payable to said mortgagee u der the terms and Sit$
<br /> ".1', $, conditions of the promissory note of even date herewith and secured hereby,executed by said mortgagor--L to said mortgagee,payable 11?t
<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 $F,
<br /> $ hereby incorporated herein by this reference. F
<br /> a + It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said #j
<br /> $ $F}
<br /> $ ors b
<br /> $ mortgaq y,said mortgagee.and any cad all indebtedness Le addition to the amount above stated which said mortgagors,7lgaga ,Or any I.
<br /> of them.may owe to said mortgagee,however evidenced whether by note.book account or otherwise. This mortgage shall remain in full $
<br /> force and sheet between the parties hereto and their heirs,personal representatives, successors and aasigna, until all amounts secured $
<br /> s,
<br /> hereunder,including future advanceare paid in full with interest lo
<br /> $ ,
<br /> #$< The or.herebyassign.._ $
<br /> wog 4n.-m said mortgagee all reals and income arising at any and all times from said property and $$
<br /> 13$ hereby authorise said mortgagee or its agent,at its option.upon default,to take charge of said property and collect all rents and income $$
<br /> Sy) therefrom and apply the same to the payment o interest,principal,insurance premiums.taus.assessments,repairs or improvements neons.
<br /> , wary to keep said property in tenantable condition,or to other charges or payments provided for herein or in the note hereby seared This
<br /> }t rent assignment shall contains in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall In no
<br /> manner prevent or retardsaid mortgagee in the collection of said sums by foreclosure or otherwise.
<br /> f} The!ailuro al the mortgagee to assert any of its rights hereunder at any time shall not be construed as a waiver of it right to assert
<br /> i
<br /> the same at any later time.and to toast upon and enforce strict compliance with all the terms and provisions of said note and of this
<br /> $$ If said mnrtgagcr_Sam
<br /> shall. rause to be paid to said mortgagee the entire ount doe it hereunder,and under the terms and provisions }
<br /> of said note hereby seared,includingfuture advance&and any extensions or renewal'thereof in accordance with the terms and provisions
<br /> o
<br /> $ thereof.and it said mortgagor 5 shall comply with all the provisions of said note and of this mortgage.then these presents shall be void: $$
<br /> 1otherwise to remain in fall force and eties,and said mortgagee shall be entitled to the possession of all of said property.and may.at it $
<br /> f
<br /> $$ option,declare the whole of said note and all indebtedness represented thereby to be immediately due and payable.and may foreclose this a
<br /> $ mortgage,or take any other legal action.to protect its right and from the date of such default all items of indebtedness seared hereby $$
<br /> $: shall draw Interest at 9%per annum. Appeasement waived. $f
<br /> This mortgage shall be binding upon and shall sante to the benefit of the heirs,executor,,administrators,successors and assigns of RN 'e '
<br /> a the respective parties hereto.
<br /> ''tom: 1 sarins WRNfSS W1lERE.or. said Moms by ve hereunto set their hm„i a the day and year first above #
<br /> St
<br /> ri
<br /> -',-,-' if+ Judith R. Kramer $#
<br /> 'lneima Lea Mason
<br /> -----........--i
<br />. ,...
<br /> L.
<br /> r i
<br />
|