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<br /> r . ... .�1dOATGAG,�'�,_��^09� and Loan Form—(Di�oct Cradll Plan) 255�2 (Spedal) �Mµ„µM�M1�M ... �
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<br />� > 76- �1 U;i I �i U �/IOFtTGAGE �
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<br />�r ;�� �� THIS INDE177URE,�made �m. 9th aoy o, J une �,i9 76,by and batween
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<br />�; RICHARD D. DEMUTH AND 1JANCY L. DEt-0UTH, husband and wife, each in his and her ovrn right ;
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<br />�`�, ; 3 and as spouse of the other E'
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<br />'�,.4�-y1; of HB�I I ___._ � County,Nebraelca,ae mortgaqor S and Home Fodeml Savinga and I.oan Assoriatlon o!Grand Ieland,. t
<br />���� a corporatioa or9anized and ezinting under the lawe ot Neb�aeka�wlth ite prindpal oltice and place ol busineee nt Grand 1el�d,Neb�neka,� �
<br />,�„�'!`r'. ��morlgagee; � . . . F,
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<br /> y��� WITNESSE7Hd That eaid mongogor S lor aad in cans[decalion o! the aum of � �' ' �� � �
<br />�?r,,,; THIRTEEN THOUSAND AND NO/100 13,000.00 i
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<br />�'"��g�% the receipl ol which ie Lereby ucknowledged, do—by theee prenonla morigage and wmrant unlo aaid morigagee, ile sucressore and
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<br />�s ; assigna,forever,all Ihe lollowing daxcribed roal eelate, aituated in ihe rounty o1 H��� -_
<br /> f��' and State of Nebmeka,tawiL•
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<br />� 7 LOT 11dENTY ONE (21) IN BLOCK ONE (1) hNICKREHM SECOND ADDITION
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<br /> '�-. TO THE CITY OF GRAND ISLAND, tiALL COUNTY, NEBRASKA.
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<br />���n�� $� y(( '�
<br /> s'`"y�.,�-1 +y Togelher wilh nll heatlng, lighting, md plum6ing equfpmont and lizturee,induding elokon mtd burnere,ac�eene,awnlnqe,e�orm windowe � 1�
<br /> e�..: .c �doors,aad window ahadee or blindn,used oa or in connection wilh eaid proporty,wLalhet thn somo aie now located on anid propeaty
<br /> 2t # u �ar.nlier placed thereoa.� �
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<br /> �� "70 HAVE AND TO HOLD THE SA1+IE, logNh<r wtlh ell and einqular fho lenemeats,he+edltaments aad eppurlenancea ihesemto belong- ��
<br /> �1 Sf ing.or in anywise appertaining,torever,and warra¢t the tille to Ihe eame. Sald mo�lgagor � here6y covenaa�vrith naid mortgageo �
<br /> j ±; 2j Ihat—��e_� °�e at the delivory hereot,Ihe]awtui owners of the premisen above conveyed and deacribed,and are j
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<br /> �� `s < selzed o1 a good ond lndeleasible estale of inherilance thereln.lree and clear of all encumbrancea,aad�hat t ho�._will wortanl m�d
<br />{.�j' � defcnd ihe lille lhereto lorever against the daime vnd drmande ol all persons whomsoevar.
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<br /> � PROVIDED ALWAYS, and thls lnstrument is execvted aad dellvered�o aocu�o the paymeal ol the num ot
<br /> f"" � THIRTEEN THOUSAND AND NO/100 - 13,000.00 '
<br /> � , { nollate fs ' ;
<br />� ; 3 vvilh inlereef thercron,together with such chaiges and advantes as may be duo md payoblo lo said mortgageo under 1he term.s ond �
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<br /> * : 1 tondilions of the p�omissory note ol even da(a herewith and eecuted hereby,esecuted by said mortgagor 5 to said morlgagee,poyn6le j�
<br /> � � ' as expressed In said note,and to eccure tLe pertormance ol all the torme and condi�ionn contained theroin. The terma of eaid note a:o
<br /> , 7 � here6y incorporated hereia by thie teloreace.
<br /> '., j I!ia lhe intent(oa and agreemenl of the porties heralo that this mongage ahall dao aecure aoy lutuze advancea mado lo soid �
<br /> �L 4 . ? morlgagcr�—by eald mocigagee,an3 aay and a!! indebledncae in addltion to lhe emount above slalod which eaid morlgagore, or any
<br /> ' F ol �hem, may owe to eaid mortgagee,however evidenced whether by note,book account or otherwise. Thls mottgoge ehall rema(a ia full ��
<br /> r , F .�;�� _,=P((�..i 1: �n:S� n,,;.:�s hcrnlv u�u iuei h::,pc:e==^� renrcaeofatives, suc[eew�e and msigae, untll all amounl� eeaued
<br /> n .'' � hereundet,lncluding lutuie advancee,me paid�ia lull,with inleresL St .
<br /> x� The moA a orS_hereb anai �F
<br /> � g g y g�—fo eaid moAgagee all rente and income arieinq at aay and all limee lrom svid property and .
<br /> a � hereby authorize eaid morlgagoe or ita ageaL nt Itn opUon, upoa delault,to take cLmge o!eoid property aad collecl all tenfa and income t �
<br /> thcieltom and apply the eome lo Ibe payment ol tnlereet,pdnripal,laauiance premiumn,tazes.asaeeemenU. repmr� oc improvemente necee• S
<br /> �% at �o kee eaid ro n ln tenantoble eoodltion,m lo other chm .
<br /> � ` e y P P P ttY qee or paymenb provlded lor horeln ot In iho aoto Lereby cecured 7Wa
<br /> � z{ 1 � reot assignmeut ahall conlinue ln fo(te.unlil ihe unpaid balance ot evid aote ia lully paid 7'6e taking ol posxnnioa hereunder ehall 1a no �
<br /> ; ; manner prevent or telard naid aortgagee in the coUection oi eaid aume by Iorecloeura ot otherwinm .
<br /> s= i 7'he IQilwa ol the morlgagee lo aeaerf any ol ita rigLln Lexeundar at any timo aball aol be comtrued ae a waiver o!iV right to onseri �
<br /> t the aame.at any later time,md to imiel upoa aad eatorco et�ic!comp�ance wi�h all the termn md p�ovieioan ol aaid noie and ol Ihte �� �...
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<br /> moAgage.
<br /> 5 -� II wid mortqagor S ehnll cwx to ba paid to emd mortgagee the entiro amoua�due 11 Lercuader,and under t6e tarmn and provinloni
<br /> t� ( ot eaid aote hereby cecu+ed,including luture advancea,and aay eztaneivna or renawaL therrot ln accoidmce wilh the terma and proHAoai �
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<br /> � thereof,and U eald marigegor�_ehaA camplq with all the pcoviaioni ol eald aole and of t2ila morigoge,ILea the�e pmeeati eha11 be wld;
<br /> r otherwiae to remaia in 1W1!o[ce wd elfect,and�md morlgagae ehall be entllled to tho poesentoa ol all of�nid pmparty,�d may,at!1� � � -
<br /> ir i option,dedare Ihe whole o1 eaSd note and all iadebtadaee�repro�eated thereby to bo Immediately due and payable,and may loreclono Ihii � �� � �
<br /> tr � morigage or take any o�het legal actlon to prolact!t� right, and lrom Ihe date o!euch detault all liemi ol [odeb�edneu aocured hnrebp �
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<br /> t �. f ehall draw Ialereet al l�%per annum. Appraiaement wafved +•"- .��� �
<br /> $ �q i�
<br /> r y� • f This morlgage �La�b6'bindieg upoa and �hall eaure lo the benellt o!!be haln,ezeculor�,admlaietratore, �uccoewrn and aeaiqa�o! . N ur '
<br /> � f iha ieepedive parties Laieto. � �
<br /> 1 �� $ � '
<br /> 1 .: i IN VJI7NESS.WNEREOF, eaid Mortgagor ��a,C'S� hereunto ■el t he i r hpOE�IISB da}'and ycar ti+ai above - � �
<br /> L� " } wrllt � � - � f�,�.
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<br /> � \���C.�1,ii,i.`f, !^—� /1 i. .��-t,i 1_�!� � �y�C-C� � �'I.E 17;'(�/l/ �. � .
<br /> Richard D. Demuth � Nancy L. ;Gemuth `
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