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<br /> MORtGAG&—SaWnq� and Loan Focm—lDtrect Credlt Plan) 255•2 (Spedal)
<br /> �N �6. 0 U�'�4� MORTGAGE � N
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<br /> � . iH1S 7NDENTUIIE.made thl� 1�»'�� �ay ol ��`%:jr ,19�by�d batwaen � .
<br /> VOLNCY D. LOFGREEN AND MARY E. LOFGR[EN, husband and wife, each in his and her own r(qht
<br /> 3 and as spouse of •Yhe other, AND FRANK ERIC LOFGREEIJ, a single person
<br /> � a� H8 I I� [:ounty.Nabraska,ae mortqagor 5 and Home Foderal Savinqc and Loan Amoctallon ol Grand]slcmd,
<br /> a wrporatlon o�ganfzed and eaieUng undez the lawe ol Nabraaka wllh Ite ptlnd{wl oflice aud plato o!buelaea�al Grond Inl�d,Neb7aska, � �
<br /> �mortqp9ee:
<br /> WITNF.SSETH: 7hat said morigagor S!or and In eomlderatlon of Iho eum o!
<br /> ' FOURTEEN THOUSAND AND NO/100 -------------------------------- nouare (5 ���000.00 �
<br /> ihe recelpt ot w}ilch ie hereby aclmowladged, dn_6y theee praeonte mortgago and w�rant unto aald mortgagee, ite eucceeaore�and
<br /> Qealgae,forever,aq the Iollowiag dexcfbed real oetate, eltuated In the counly ol Ha�� �
<br /> and 3tate of Nebraska,to•wlt: � � -�
<br /> LOT EIGHTEEN tl8), (3LOCK TWO (2), IN UN14�RSITY PLACE, AN ADDITION TO THL CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA, ACCORDING TO THE PE-CORDED PLAT THEREOF.
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<br /> } Togethcr wNh all hoaHug, liqhtlng, aad plumhing oqufpmant and ttzWroe,includtng etokaro and burnere,saeeua.awninge,etormwindowa
<br /> rt and doore,and window e6adee or bltnds,uead on or in�anneation wilh eaid proporly,whether the namo aro now located on eaid prope[ty
<br /> _ t or hareaher placod tLereon. � �
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<br /> �. tt}tt$ TO HAVE AND TO HOLD THE SAME, logether wi�h dl and�ingular the tenamonts,hnreditumenls�d appurianaaaee ihe[eunlo beloaq- . .
<br /> ' � Ing,oc in anywina appartaining.lorevor,aad wanant 1Le lltle to tha eame. Said morlqaqor 5 ho�oby covenan�wilh eaid moriqagao �
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<br /> �, i that tho� are �tho deUvory hexcot,the lawful owner 5 ot tho precvnee abovo conveyod and doaafbed,and are �
<br /> jeeizad ot a good an3 indofeaniblo ealalo of Snhacitance thoroin,freo and ciear of all encumhroacee,and lhat t ho�wlll warraat mid
<br /> ; detood�ha Utle Iheralo forever againel tha claimn and demande ol all persane whomaocvar.
<br /> PROVIDED AGWAYS, and tWa Inet�ument Is execuled nnd dallvered ta aocuro lhe pQyment of tho eum ol � . -
<br /> FOURTEEN THOUSAND AIJD iJ0/100 ---------------------------------nollnra (5 ��.000.00 �
<br /> wllh inlereet theiaon,toqether with auch chacges and advancee ae may bo duo and payabto to sald morlgogeo mder the tolme and
<br /> z �', coaditlona ot tha promissory uote ol ovon dale herowith and uecivad he�eby,ezecuted by eaid mortgagox�—to nald mortgagee,payable
<br /> 3 ae axprensod in safd noto,and to eecure!ho pecformaaco o[all We terme aad coadiHonn coatainod tharo{n. Tho lerme of eaid nate aro
<br /> � hereby incorporatnd herein by thV�efaience.
<br /> II(n�he�ntention and agruament ot�ta partioe herato tl�at thte mortqaqe shal! also e:uzo any tuluce advancee mada to eaid
<br /> � � mortqagor_by edd mortgagee,aad any aad all lndoblednem In additioa to tho amount above elated which eold morigagon.or uay
<br /> '� of ILem,may owe to said modgagee,however evidencad vrhethor by noto,book acwunt or otherwise. Thfe morigaqo ehall rumain fn full
<br /> �� � torco and elloet betwean the paitien heroro and thair Le3ro,pereonal reprecentaUves, succeeeore and melqae, until all amouav eecured
<br /> . hereundr.r,indudlag lutuio advanoee,me paid(n tull with inta�eet.
<br /> Tho mortgagor S horeby aeelqn_to eaid moriqaqeo all renle and lamma�iefnq at any and all tlmee kom eald propertq and �
<br /> � herehy authortze naid morigugeo or IU agen6 at ite optlon,upon dolault,lo take ch�go ol eaid properly and rnllon alt ren�e and lncomo
<br /> tLcrol�om nnd apply lhe sumo lo the paymea!of Sntoioet,p[indpal,lneuranee promlumn.tazet,aseaenmanta, repai�e or impcovementa aecon•
<br /> �. e¢ry to keep wid propuztp in tenantabla mndttion,or to other charqoe or paymenU pcovlded tor horol�or tn the aoto haroby aecured ThL
<br /> ; reN aaalgnmeat ehal!contlaue fn to[ca until tha unpatd balacco of �aid nota te(ully pald. Tho tafcing of poeeeeeion hnrounde�ehall In ao
<br /> mamor prevonl or�etard�atd tnorlgag�e In�lha collacHon ot aald sume by loreclo�u:e ar otherwlno.
<br /> .v �� j Tho Iailu�e ol tha moitgageo�.to mxrl�6ay ot!le righb heteunder at any tlma ehall not be conatruod ai a walvor of iu dght to aaeeq
<br /> �. $� t6e eame at aay later time,and to lmLt upnn aad aalorw�tdct compliance with all thu tocmn aud provielonu o( eald note aad o1 thia
<br /> 3 mortgage. j
<br /> q said morlgagor�ehall cauee Po ba�pafd to�afd mortgaqeo tho on�re amount due 1t hereuader,and undar the torma and provie(oni
<br /> j ol eald note heceby�acvred.lacluding luture ad�ancee,and a¢y ezteaelon�or ren�wale thereo! In accordance w(th the lormi aad piovlNoni
<br /> jthoreof,and U eald mortgagot 5_ ahall complp wlth atl the p�ovldone o!eatd aole aad ot thls mortqaqe,then tha�e preeaab e6all be vofd;
<br /> ; oiherwise to remdn!n lult lome and olloct�d sdd mortgagw ehall.be an�lqad to the pos�e�alon ol all of wld property,aad may,at Its
<br /> opt[on,deelare!he whola ot eaid nole and all Indeblodneu repre�aated theieby!o be Smmadlately due and payabia,and may foreclox thls
<br /> � morlqage oi take any olher legal acttoo to protoct IU dght, �d irom the date ol�uch delault all Itemi ol Indebtednuu eecured hereby "'1
<br /> ehall draw lntere�t at 90i p�anaum. AypraLomenl walred.
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<br /> . 7hL mor�gage adaU�bladinq upou md ehall�aure to the b�nallt o(ihe heitt, exeeutor�,admlaAtrnton.�uaa�eoca aad aeelgnn d � ��
<br /> _ Iho re�pective pmtl»ho�eto. � �
<br /> $
<br /> � # IN WITHFS4 Wf�FIEOP. �aid MoAgaqor 5 h^�� hareuoto �ot— th�'�� _ and S Ihe day and yoar llrot above �
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