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<br /> D10RTGAGE—Savfngs and Loaa Focm-1Dtract Credlt Plan) 2552 (Spedal)
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<br /> ? � �'�� ��3j�y MORTGAGE
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<br /> (� 7NI3 INDENSUAE,made �h�. 171;h ,,Qy o� June� .1s76,by aad betweea �
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<br /> DANIEL G ELLIS AND DONNA W ELLIS husband and wifa each in his and her own rie r and
<br /> 3 as spouse of the other
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<br /> f�, o(. I�a 11 County,Nebrmka,aa mortgaqor S and Home Federal Savin9e and Loan Aenaetatioa of Grand Ieland,
<br /> `i a m�poTatloa orgaNsed and az7atlaq under tha laws ot Nabraeka with ils priadpd oll(ce and plaeo o(buelneee at Gcand Ieland,Nehm�ka,
<br /> '� �mortgaqae:
<br /> ti WI7NESSETH: 77iat eald mongagor 5 lor and tn conaldecatlon o!tha eum of �
<br /> i 22.700.00 1,
<br /> TWENfY T410 THOUSAND SEVEN kiUNDRED AND NO/100-----------------------nolla�e (S_
<br /> Ihe receipt ot which le horeby acknowledqed,da_by iheee preeeme mortgage and wmrant unto naid mortqaqee, ita eucceneore nnd
<br /> ¢migne,torevet ail the lollowing deeerlbed real oatate, aituated In tho rnunty of I�311 �
<br /> �d State of Nebraika,to•wlt:
<br /> ;* THE WEST HALr (w�) OF LOT SEVENTEEN (17), AND TfiE WGST 11ALG (WZ) OF %
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<br /> TIi� SOUTH THIRTY FOUR (34) PEET OF LOT FIFTEEN (15), IN BLOCK POUR
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<br /> % £ (4), IN UNIVERSITY PLACE, AN ADDITION TO 'PHE CITY Or GRAND ISLAND,
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<br /> '::? ' NEBRASKA.
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<br /> �z ji 7ogether wi�h all heating. lightinq, and plumbing oqutpmeat aud fi:turea,inctudiag e�oken and burnere,ecreena,awninqn.nlormwindowe �q � �
<br /> � >, and doora,and window ehadea or blindn,uead oa or in connection wilh eaid p:operty,whether tho eama ma now located on aaid propurty ti
<br /> �S or heieafrer placed thereaa. $� � �,
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<br /> TO HAVE ANI)TO HOLD 7fiE 51iME.logether with all�d alnqular the tenements,hwedltamante and appurtenaacen thuremto bcloag- $i€
<br /> ing,or in anywiee appoAaininq.forever,and wan¢nt tho tlqe to the eame. Sald mortqaqor S heraby coveuaa�with naid mor!gaqoo }j � �
<br /> that Jio y are ��e dellvoty hereof,the lawful owner S of the premleon above conveyed and daecribed,¢nd aTe i� �
<br /> j seimd af a good and iudefomiblo eetate of Inhedtance therein,lree and clear ol all encumbrancee.and that tlio 'Z wlll wartant�d $ '
<br /> j delond tho tltle thoreto io:ever againet tho claimn and demaud.i of all pereonn whomscever. j . .
<br /> PROVIDED ALWAYS, and thia inatrumeot is axecuted and doliw�ed m aocure the paymeat o!�ho eum ot � -
<br /> " TWENTY TWO THOUSAND SEVGN HUNDRED AND NO/100----------------------noilare (5 �2•700.00 �, +
<br /> �': wilh tate:eet theceon,togather with euch chargea and advanrne ae may 6e duo and payablo to said mor�gageo undox the �erm� and . _ � � �- - :
<br /> conditioae ot tho pmmiewry note ol evan dale herewith �d emuod hece6y,oxecutod by eaid mortqaqor S to sn[d mortqagee,payahle � � �� . �
<br /> 3 as e:preened in aaid uoto,and to eecure Ihe pedormmce of all the tarma aad rnndiHoas watained thoroin. The terme o( said note aro � . . .
<br /> 2t hereby incorporatad bemia by thL reterearn. .
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<br /> It in tho inlentioa and agroement oE the partiea heroto thal thia mortqage ehall also aacuro any luture advancee made to eaid S
<br /> morigagor S by eaid mortgagee,and any and all inde6tedneea in add(Uon to tho muount above etated whlch aaid mortqagore, or any ;
<br /> �� ot them. may owo to eaid mortgagee,however ovtdenced whether by nota,book account or otherwiee. Thie mortgaqe eliall remain Sa ful! � � . .
<br /> lorce und e!(ect betweea tha parllea hereto and their heire, paraonal:epreaentalivee, aucceeeore and anaigna, until all amounls socurad
<br /> + hereuader,indudiag luture adv�cea,are paid 1n full with inleiect � �
<br /> � Tho mortgagor 5 heroby aneiq�to eaid moriqageo all renla and inwme m�ieiag at any and ail Iimen trom eaid property�d { . .
<br /> hereby authorize eaid moriqagee oc lte agent,at Ils optioa, upon do[ault,to taka ch�qe ol evid property and coilect alt renta and inroma �
<br /> t therel�om and opply lhe eame to the paymmt ol intorert,prinopal,insurance premluma,ta:ee,aenemmenls,repaua or impiovnments necoe• �
<br /> � nary to keep wld proporty in teaanlable wndiNon,or to other chargea or paymeata pTovided tor horeln or in lhe note hereby cecuced Thls
<br /> ren!aaeiqameal ahall coalinue In to�ce-unlil ILe unp�tid balaace o1 eaid nota le lully paid. T6e talcing of posseeaioa hereundor ehall la ao
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<br /> mannec provent or mtaid�sald moriqagee�ie 1Le-wllocfioa o! eald aumn by lorecloeuxe ar otharwino. �
<br /> ' Tho lailure ol tho morlqagee,tp aEeect�my,of.Its righla heceunder at any time ehall not be conntrued ae a wa�vox ol IL+Tight to aixrt �
<br /> $tttt the eame at any laler time,and.l'o.lnelril 'upon and enlosco etrlct mmpliauce with all the tocma and provinione of eaid notn and ot thla f � �
<br /> $� mortgaqe. .f
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<br /> jS II eatd mortgagor S ahall eavae to bo pald to eafd moriqaqee tho entt�o amouat due St heceunder,and undor the tecme aad proviniona jjj�
<br /> $f ot eald ame hareby xcuted lncludieg luluce advaacee,and anq eztemion� or senewab tbeceol In aecordonce wlth t'no tarmn and pxovldom ��
<br /> Y theieol,and if eaid moriqagor�ehall comply wi�h all the proviafone ot safd aote aad o!thls mortqaga,thea thaee prceon�e ehall ba void; �� .
<br /> S� otherwi�e to remata Sn!dl to�ce and elloc6 aad�md mortgaqee ehaU be entltled lo the*K�••�>sion ot atl of satd property.and may,at ite . '
<br /> #� op�ion,dodare the whols of soid note and atl indebtedaau repreeented the:eby to be Immediately due and payablo,and may(oxecloee thii � ��
<br /> I! mor�gago ar take m�y ot6or lagat actloa to prolect!le dght, and![om the date ol�cch delault all Uemi ot tndabtedncu �ocured horehy
<br /> F ehall draw inlereet at 9%par annum. Apprdeemant�vatved. °
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<br /> .� $; Thi�mortqaqe�hall be biadiaq upon md�hall oaucs to the b�asNt ol the 6�In,azxutoci.admlal�tratore. �ucceeeo�e and aeaiqw d � � �
<br /> S tho reipoctiva parUn hereto. � .
<br /> � s ve their h�d s�no d � �
<br /> IN WI7NF�9 1NIiEREOF, sald Moriqagor _ha_— horounto tel ay and yaai tiret above . � ,�.���
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