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<br /> "` MORTGAGE--Savings and loan Form—Wired Credit Plan) 255-2 (Special)
<br /> 41 f 76- 1 R;' 3 MORTGAGE
<br /> 3{ - Loan No
<br /> u THIS INCENlURE'made this
<br /> 15th day of March I976 by®d between
<br /> K. LAWRENCE F: MEYER AND MYRNA B. MEYER, husband and wife, each in his and her own right
<br /> a
<br /> ilk/ ; and as spouse of the other
<br /> r Hall s
<br /> 9 , of - County,Nebraska,as mortgagor_,and Home Federal Savings and Loan Association of Grand Island.
<br /> f"tt i ? a corporation organised and existing under the laws of Nebraskawith lie principal office and place of business at Grand Island,Nebraska,
<br /> ,I( t as.Mortgagee:
<br /> t�y - } WITNESSETH: That said mortgagor S for and to consideration of the sum of
<br /> ;` FIFTEEN THOUSAND NINE HUNDRED AND NO/100 _Dolars (r 15,900 00 1,tn "
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<br /> the receipt of which Is hereby acknowledged.doby these presents mortgage and warrant unto said.mortgagee, Its successors and '
<br />}
<br /> assigns,forever.all the following described real estate,situated in the county of Hall
<br /> and State of Nebraska,to-wit:
<br /> i LOT NINE (9) IN BLOCK THIRTY-SEVEN (37) OF CHARLES WASMER'S ADDITION
<br /> s TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> f
<br /> of
<br /> Vt.:::,
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<br /> 1 Together with all beating, lighting, and plumbing equipment and fixture.Including stokers and burners.screens,awnings,storm windows
<br /> 7 •t and doors,and window shades or blinds,used on or to connection with said property,whether the same are now located on said property
<br /> 0 or hereafter placed thereon,
<br /> r .... TO HAVE AND TO HOLD THE SAME,together with all and singular the tenements,hereditaments and appurtenances thereunto belong. •
<br /> rc _ Ing,or In anywise appertalninq,forever,sad warrant the title to the same. Sold mortgagor S hereby covenant__with said mortgagee
<br /> that thy___ are at the delivery hereof,the lawful owner_....of the premises above conveyed and described,and are
<br /> .'�::_ seised o1 a good and indefeasible estate of Inheritance therein.free and clear of all encumbrances,and that_L-lie.Y__will warrant and
<br /> defend the title thereto forever against the claims and demands of all persons whomsoever.
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<br /> PROVIDED ALWAYS, and this instrument 1s executed and delivered to secure the payment of the sum of
<br /> ir FIFTEEN THOUSAND NINE HUNDRED AND NO/100 , liars ill 15,900.00 f, Ys
<br /> with interest thereon. together with such charges and advances as may be due and payable to said mortgagee under the terms and
<br /> ts conditions of the promissory note of even date herewith and secured hereby,executed by said mortgagor—1–to said mortgagee.payable
<br /> S 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 /> 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 advances made to said
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<br /> mortgagor_by said mortgagee,and any and all indebtedness in addition to the amount above stated which said mortgagors,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 /> force and ailed between the parties hereto and their heirs,personal representatives, successors and amigos, until all amounts secured
<br /> hereunder,Including future advances,are paid in full with interest.
<br /> The tnortgagoz-S _hereby assign--to said mortgagee all rents and income arising at any and all times from saidproperty and
<br /> 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 /> therefrom and apply the same to the payment of interest principal,insurance premiums,taxes,assessments,repairs or improvements nesse-
<br /> tarp to keep said property in tenantable condition.or to other charges or payments provided for herein or in the note hereby segued. This
<br /> rent assignment shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall In no
<br /> manner prevent or retard said mortgagee in the collection of said sums by foreclosure or otherwise.
<br /> fThe 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 /> the same at any later time,and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this
<br /> ':141".
<br /> it sold mortgagar 9 shall accuse to l,e paid to said mortgagee the satire amount due It hereunder,sad under the terms and provisions
<br /> of sold note hereby eecwed,including future advances,and any extensions or renewals thereof in accordance with the terms and provlalons
<br /> rt therco(,and If sold mortgage„ c shall comply with all the provisions of said note and of this mortgage,then these presents shall be void:
<br /> - f 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 its c
<br /> option,declare the whole of said not*and all Iadebtednees represented thereby to be Immediately due and payable,and may foreclose this
<br /> mortgage or.tak*.®p other legal action M refect!ts ri _
<br /> P edL and from the date of such default all arms of fndebledaess secured hereby
<br /> j shall draw Interest at 9%per annum. Appratsemeal waived. - i �
<br /> mortgage
<br /> parties shall
<br /> aerate.binding'upon and shall enure to the benefit of the helrs,executors.administrators.successors and assigns of f -'F;5,f,,,;.,
<br /> • the respective
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<br /> t L.. . TN WITNESS WHEREOF. said Mortgagor S he Ve hereunto set t heir hands_the day and year first above l,,
<br /> ,,t 1 ,..
<br /> ,/:,----?-4.<---,--c-7,-,.?' .:-:7 ./-2-11-c_�.c,;r
<br /> r Lawrence F. Mayer
<br /> /21ert > ))„.1./c,i 1.-
<br /> Myrna B. Meyer l
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