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<br /> MOR7CAGE—Saving� ond Loan Fo�m—(Dlrect Crodll Ptan) 255•2 (6{wclal)
<br /> � �7b' (1{)��}G G MORTGAGE
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<br /> THIS.INDSNTlJF1E,made t6!' ���� day ot .19�� by and betwoan � .
<br /> MARION D LARSEN AND LORETTA L LARSEN husband and wi e each in his and h�r
<br /> 3 own right and as spouse of the other
<br /> .ot Ha I I �unty,Nebraeka,aa mortgago:S aad Home Fedeml Savinqe and I.oan AenoclaLLon ol Grand lelund, �
<br /> a wrporatlon organlsod aud e�etlnq unda[tha law� ol Nebmeka with lts prindpal olflte and pinco of buelneee at Grand Iet�d,Nabraeka. � �
<br /> m mortga9ee; .
<br /> WiTNESSETH: That eald modgagor 5 tor and ia coneideratton of the eum ol �
<br /> � ONE HUNDRED FORTY-TWO THOUSAND PIVE HUIJDRED AND NO/100 --------- no�laie 15 147�500.00 �
<br /> tho receipt of which le hereby acknowledged,do_by thoee pzoeente moctgage and warrant unto eatd mortgageo, Ile eucceaeocs and . �.
<br /> aseigne,torever,all the lollowiag dexrWed reul eetate, attuated fn tha county ot H��� .
<br /> and State ol Nebraeka,to-wlt: a . . .
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<br /> LOTS SEVEN (7), EIGHT (8), NINE (9) AND TEN (10) , IN BLOCK ONE (I) IN " BETTER HOh1ES
<br /> SUBDIVISiON", SAID BLOCK ONE (I) BEIIJG LOCATED ON AND BEING A SUBDIVISION OF LOTS 4,
<br /> 5, 6, 7 AND THE NORTH 38.3 FEET OF LOT EIGHT (8) IN BLOCK ONE (I) OF �r�ILLIAh�1 FRANK ;
<br /> ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. EXCEPTING CERTAIN TRACTS
<br /> OF LAND RECORDED IN BOOK 165, PAGE 100, BOOK 164, PAGE 361, BOOK 165, PAGE 21 AND
<br /> � � SOOK 21, PAGE 642
<br /> SUBSEQUENT TO NOUEPABER 24, 1975 AT 8:00 0'CLOCK A.M.
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<br /> '.+f ond doore.�and wliadow ehodee or9bl[nda,usedb n9orinpcomeclion wiithreaid pm�ty�whethorathe same aro now localed on wd pr perty .
<br /> �� or horeafter placed thereoa. .
<br /> - TO HhVE AND TO HOLD THE SAME,toqethev wlth all and eingular lho tenomanb.heredltameale�d appuxtenancen thereunlo belong• . �
<br /> �`�` iag,or in anywiae apportaining,torever,and wanant the tllle ro tho eame. Said mortqagors hereby covenan�with naid mortgageo
<br /> �`� are
<br /> ��, �ba�_}�o� are �the deilvory heraol,the lawiul owner S ot tha psemieoe above conveyed and deacribed,and
<br /> F�` eeizod ot a good and fndefoaeiblo estate ol inhecilance therein.Iree and cleat ol all ancumbrancee,un�;hal t ho�will waRmt and .
<br /> e �-� delend the tille thereto fo�evez againat the daima and demand�ot all peraom whomaoovec ,
<br /> ; I PROVIDED ALWAYS, and thie innkument ie ezecuted and dalivoied to secure ihe payment o!tho num ol � �
<br /> ? ONE HUNDRED FORTY-TWO THOUSAND FIVE HUNDRED AND NO/100 - --notlaro (5 i42�500.00 �
<br /> � t wilh Intereat Ihereon,logether with such charges and advaacen aa may be duo and payablo to aaid modgagee undor the tormn aad ;
<br /> S condittone ol tk�e promfseory note of even date herewith and secured hemby,ezeculed by eaid morlgaqor—S_to satd morlgagoe,paya6la
<br /> - 3 as ozpreeeed in eaid note,and to necure tho perlonnance of all the terma md condlllonn contaiaed thmoin. The tormn ol said nme a:o
<br /> '^- � t heseby incorpoiated herei¢by thb refereaca.
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<br /> It is tho intentlon and aqreoment ot the pa�liea herelo that Ihie mortgage ahnll dno eacure any futuro advancee made !o sald
<br /> a� �� � mortgaqor 5 by aald mortqagoe,and any.aad all Indebledneea In addllion to tho amount above elatod which eaid modqaqoxo, or aay
<br /> of them,may owo to eald mortgagee,6owever evtdencad whether by nole,book accounl or o�hacwise. Thia morlgaga ahall remain in lull
<br /> foica and ettact between t6e paRiae hereto aad their 6eire,pereoaal :epreeentaLLvae, eucceewTe aad meignn, uatil all amounta eocurod
<br /> F- _, hereunder,includinq tutuio advaneen,�e paid in Sutl with talereel.
<br /> Tho mortgago:S heieby meig�_to eaid mortgageo ail renU and inmme arininq al a¢y aad all timee lrom eaid property aad S
<br /> hare6y authorize said moitgagee or IU agenL at t�a opllon,upon dofault,to take charga of eaid pxopeAy and collacl all rente aad tncome �
<br /> therolcom and apply tLe eamo lo t6e paymeat of inta�e�t,prindpal,1n�u`aace premiuma,lazee,aaeeeemeale,repaiie or improvemeata necon-
<br /> ea�y to keep said propa�ly in tenantable rnndt�ion,or to other cha:qee or paymenU p:ovided lor ho�ein or Ia the aole hereby cecurad. Thia
<br /> � cont asaiqnment shall conlinue in lorce un1i1 the unpaid balmrn o!eaid nolv is fully pafd 7he taking of poeneeaion he:eundar ehall ia ao
<br /> manner preveat or relaid eald mortqagea In tha collectioa ot eaid eumn by loieclwure o:othe:wieo.
<br /> � � The lailure ot the mortgagee,to_.waect..�p�o� ita righU hareuader at aay limo eEall aot be conet[uad as a walvaz ol ib rlght to aeseri
<br /> � . idd tho eama at any IaleY.4me,cnd.lo;ImUttupou'��c1 entomo etrlct rnmpilance wlth all Ihe terme and peovielone ol eaid note and ol thie
<br /> x . � mortga9e. '�- � � ., -...' ., .
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<br /> Il said moriqFgo��,�tli cquDe do"be pa3d,�o�edd morigagee the euHre�ount due Sl hereundeq und undor tho lermn and provlsion�
<br /> � j ol eald nota hereby.,�wCutad.�lududing•lutvtA"'@dv�cee,aad any ezlenatona oc cenewale.thereo! ln accordmeo wlth the taima.�d ptoviNona
<br /> j the:eot,and ll sald mor�gagor S ihall compiy�vith all the proviaioas o!eatd nole and o!tL7i mortqage,tLen theeo pceee¢ts ehall be void:
<br /> . s olherw[ea ta remaln la lull toree aad elloc6�d s�d morigages ehall bo entlUed to the poueulon o!all of wId propecty,a¢d may,at!te
<br /> ts option,declare the wh�ile ot eatd note and all Indeblodaeu rapre�snted t6e�eby to be Immedlataly due and payabla,and may lorecloae tM� !
<br /> mortgaqe or take any otbet lagal actioa to proteM fU dghp and fmm t6e date ol�uah default al(ltew ol Iadebtodnau senued herebp ���1-.'.-`:
<br /> � �� ehall diaw inleceet al 9%per annum. Apptataement wafved. :'
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<br /> � $ Thie mortgaq� �hall ba bindlag upoa aad�hall enwe to ths b�asllt of the hdn,ezeculo:s,admlaVtralon,eucceeaors and aaelqne ot � �
<br /> $ Iho raipecUve paiUss heieto.
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<br /> f2 IN WITNESS WflE(iEOF, syld Mortgµgor S ha Ve heieunW �et the i r hQad S�ho day and year li�el above n �
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<br />� arion D. L r'�erj%` `�oretta L. Lar en '
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