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,..„, sem, r-- 7 f. MORTGAGE-Savings and Loan Parra-(Direct'Credit Plan) 255.4 1Spedal) ••••••••`,..`V`."---."..".•..............................t..........-^".O,Onni• 76- ` r.,11.21.1.17 MORTGAGE Loan No . , . Jy:. y THIS nQ,r-.., , oliroRE,made eTiu i;: y „rq,. March is .Lymtah.tw.ea t GOLDIE R. SHEPHERD, a single person ei '14811 randy..Nedaraha.as mottgagat._.and Hone Peach}Savings and Iota Association of Grand Island S a mrparaaon-organised and...wit.,aander the the laws of Nelnmka with.Its principal office and place of business at Grand Island Nebraska. as mortgagees:. t WITNESSETIn That said mortgagor_,fat and in consideration of the sum of ELEVEN THOUSAND EIGHT HUNDRED FIFTY AND NO/100 Sangre (5 I i,85D.Lt0 1the reae}pt of which is hereby acimawledged do e.5 by these presents mortgage and warrant unto said mortgagee,in successors and t+; assigns,forever.all the follasing-r}esarbed real estate.situated in the county of iia 1 1 ti:...said-State of Nebraska.erode d LOT FIFTY-NINE i59}, IN WEST HEIGHTS LDDi-'I'JN, AN ADDITION TO THE CITY OF S� GRAND ISLAND, HALL COUNTY, NEBRASKA s '..'''..'-''.:,-..' tI 3 e�rrr I. ti Together with all beating. lighting.and pl tabiaqui g epxaeat and fixtures.including stokers and burners.screens.awninst gs. orm windows $t and doors.and window shades or blinds.used on or in caanecaan with said property.whether the same are now located an said property S, aor licreedter placed t)emaa St v; TO HAVE AND TO HOLD TEE SAME together with all and singular the teenements,hereditaments and appurtenances thereunto belong. SS� Ifrig.or in anywise appertaining.tacever.ani warrant the title to the same. Said mortgagor_hereby c renanL_with said mortgagee N that.-§-130--- I= at the delivery hereod,the lawful owner_of the premises above conveyed and desabed.and 'S :S It 1 seined of a good and indefeasible estate of Inheritance therein.free and clear of all encu rnbrances,and that S he will warrant and f defend the title thereto forever against the clams and demands of all persons whomsoever. w?• i $ PROVIDED ALWAYS. and this instrument is executed and delivered to secure the payment of the sum o' , q. ELEVEN THOUSAND EIGHT HUNDRED FIFTY AND NO/IDC --- .,slurs ;s i :,850.03 tt �+? t with interest thereon.together with such charges and advances as may be due and payable to said mortgagee under the terms and cardinals of the prarmassy ante of even date herewith and seemed hereby.executed by said mortgagor_to said mortgagee.payable at expressed in said note.and to secure the performance of all the terms and conditions contained therein. The terms at said note are hereby iaeatparated herein by this reference_ It is the intention and agreement of the parties hereto that:his mortgage shall also secure any future advances made to said martgagoc by said mortgagee.and any and all indebtedness in addition to the amount shove stated which said martgagma,or cap • d therm.may owe to said mortgagee.however evidenced whether by note.book account or otherwise. This mortgage shall remain in full farce and sten between the parties hereto and their heat,personal representatives. successors and assigns. until ail amounts secured hereunder.including future advances,ore paid in lull with interest 11 This s•m� Thg —hereby>�aq5 to said mortgagee ell rests andfrom income arising at say tad all times said property and 1 hereby authorise said mortgages or its agent at its option.upon default to take chews of said property and collect all rents and income .{ thcrefrnea and apply the same to the payment of Interest eatricipal.insurance premiums.tate:.assessments repairs or improvements neces- sary to keep said property in tenantablec ndItion,or to other charges or payments provided for heeetn or in the note hereby secured. This ren assignment shall coertlaue in farce mal the unpaid balance cd said note is fully paid. The taking of possession hereunder shanl in no mannerprevent or retard said tgagee..in:the..coleeiam.c-said..trams by foreclosure or otherwise. _ y The failure of the mortgagee to casein tap ata Its tights'hereunder at any time shall not be construed as a waiver of its tight to assert the same at any later time,and to Insist upon card takers strict ampliance with all the terms andprovisions of said note and of this t r U said aatlgagca__ cease ase to be paid to said mortgagee the entire mum=due it hereunder,aid under the terms and provisions fSS; of said nate hereby secured.including future advmaes,vcod any extensions or renewals thereof is amxdaace with the terms and provisions — - i j thereof.and If said shall comply with all the provisions of said nate and of this mortgage.then these presents shall be void: ti f otherwise to remain in full an l Stens d effect.and said mortgagee shall be entitled to the poeseesice of all of said property.and may.at its option.declare the whole of said note and all Indebtedmitam n represented thereby to be ediately doe and petyabL,and may foreclose this .t i mortgage or take any otherlegal cc lice is protect its tight and from the date of such default all items of indebtedness,secured.hereby shall draw interest at 2%per t�nm Appraidv s ent evolved. ` This tacrtgags shall be tisane upon and shall same to the besefIt of the heirs executors.administrators.successors end assigns of t i: the rsspedios parties aim _1 $ es be .. i a „ III Lg[ffiE4S.VPl�F80F, said Q. t,,,c hereunto set !�.nr `u _kis day and year titre above o ;:i49':'': { Goldie R. ,scorer. 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