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<br /> MORTGAGE—Saving� aad Loan Farm—(Di[ect Credlt Plm) 2553 (3paclall � � �
<br /> ��N� . � MORTGAGE
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<br /> � rtns INnEta'ruxE,maae mt 22nd .+�y,ot �lf1e ,19_�by and bolween ,
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<br /> WALIACE L. KARLEY AND JOAN F. KARLEY, husband and wife, each in his and her own right
<br /> 3 and as spouse of the other
<br /> o� Ha I I County,Nebm�ka,as mortgagm S and Aome Federal Savinqa and Loan AaeodaUoa ol Grand Idand,
<br /> '" a oorpomdon organlzod and exiatlnq under Ihe lawe of Nebraeka wlth Itn prtndpal office and place of bunineea al Grand Ial�d,Nebraika.
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<br /> _,i;�� an mo�tgagee: � .
<br /> �`� WITNESSEYFi: That aa[d mortgaqor 5 foc and In conatdacation of the eum ol
<br /> `' TWENTY-SIX lHOUSAND FIVE HUNDRED AND NO/100 ---------------------nollare (5 Z6��00.00 �
<br /> jthe recelpt ot which te horeby acknowledged, do—by thoea preeantn mortgago and warrant unto naid morigageo, ite �uaeeson and . . �
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<br /> aaeigne,fo:ever,atl the lollowinq dexrlbed real cetate, eltuated fn the counly of �
<br /> :;j and State o!Nebraeka,to-wit: � : ��
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<br /> � LOT ELEVEN (II), CAPITAL HEIGHTS SEVENTH SUBDIVISIOPI, HALL COUNTY, NEBRASKA
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<br /> tS Togother wilh all heal3nq, lightinq, and plumbing oquipment and firturoe,indudtnq�tokere and buraere,aaeene.awninge,etorm windowa
<br /> 5 and doors,and window epadea oc bl(ndn,ueed on or in connection with eaid p:oparty,whethe=the eame aro now located on eald proporiy +
<br /> 2� or hoiealter placed thoieon. � � �
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<br /> $ TO HAVE AND YO HOLD 7FiE SAME, together wlth all and eingular tha tenomoale,Lored(tamenta and appurtenaacee therounto beloag• � . �
<br /> �� ing,oc in anywine appadaintnq.lozevcr,a¢d wacraat tho tlllu to the eame. Satd mortqaqor 5 hereby rnvenanL—with eaid mortgaqee F � �
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<br /> �ha�t'ho y are ��ye dellvury heraot,the lawful owner_ol the premieoe above conveyed and deecribed,and �
<br /> $ sei:od of a good and indefeaeiblo aetate of[nhoritanre theroin.l�ee and clear of all encumbiancee,and that tlio Y w(11 warrant�d -
<br /> � detend tM title therem lorovor agaimt the claime and demoade of all pernom whomaoever. $ . �
<br /> PROVIDEU ALWAYS, md thls ins�[ument ia ezecuted aad deltvered to sxuro�he paymenl ol tha num o� S � ��.
<br /> T�9ENTY- S I X THOUSAND F I VE HUNDRED AND NO/I 00 ------------------ nollaie (s ��500.00 � 3
<br /> wilh inlereat thecoon,loget6er with euch chaigee and advancee a+may be duo and paya6lo ta ea�d mo�tgagee under ihe lerma aad . � � �
<br /> - ) conditiana of the promieaory aote ot evnn date herewith and aenued herebp,executod by eaid mortqaqor 5 to eQ(d mo�tqagoe,payable �, � �
<br /> > a6 BTp:Cff60d in aaid nole,and to eecure the pedorm�co ol all the tetms md condiliom contaiaed thorein. The termn of aaid note nre �
<br /> � he�eby incoipoiated hecein by thle retesence. �
<br /> ]t te�ho 7ntenUon and aq�eement ol lhe pactiea herelo that thie mmtgage ehall aleo eecure any luture advaacee madn lo eald . �
<br /> morigagors by amd morlgaqea, and any and all fodobtedneen in additlo¢to tho amovnt above etated which eaid morlgagora,or�y . � �
<br /> of them,may owo to eaid mortgagee,howevur evldenced whethar by note,book account oi otherwlne. 7hie monqaqe ahall remda!n tull
<br /> force and effad betwoen the pa:uea herato and Ihair hetre.peceonal repreeentadvas, eucceeao�e and aneiqne, unlil all amounte seaurod
<br /> tt heceundar,induding future advancee,are paid in lull with into:eeL
<br /> { 7he morlgagor 5 he�eby aeatqn—to eaid mortgagee all�ente and inceme arieinq at any aad all Qmee Irom eald property aad t . �
<br /> ffihereby authorixe naid morlqagee or ita agent,at tle optloa,upon dolaulp to take chazga ol eaid propeny and collxt alt rente and Income S
<br /> }}++ Iheref�om and apply tLa eame to the payment ol Intaroet,pclnripal,SnauTance premium�,tazes,asneaemenU,:epaf�n or (mprovemente aecoe•
<br /> �SS sary to kecp aatd propo�ty In tenanlable condttlon,or to olher chaiqee or payments proridad loz horela or(n tha note hereby eeNred Thle .
<br /> � rent aeeiqnmen�e6aU coaHaue in lorce until the unpaid balanee ol eaid note is lully pald Tho takinq of poaseeaion hereuader eLall ia ao
<br /> manaor prevent or ielaid eaid mortgagee in the collectlon ol said aums by torecloeure or olherwlea.
<br /> f� Tho Iailure ol tho moriqagee to aanert�y of Ite righte hereuadar at aay time ehall not be conetruod aa a waive�ol lu right to aisari � .
<br /> Stt the aame at any laler time,aad to InaVt upoa and enfo:rn eKtct mmpllanca wlth all the terme and proviilon+ of soid note �d ol lhta
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<br /> II naid morlqagor S ehall cause to be pafd to�aid moAgagee the enlire amounl due it hereunder,and undor tho le�ma and provWon�
<br /> $ of eaid aote hareby eeaued lncluding lutu:u advmcee,and any extenifone or [enewala Wareol la accord¢nca wlth tha terma aad pcovidom
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<br /> �(� thereot,and U eaid mortgagor S, ehall mmply with all�ha p:ovtelone ol eafd nole and ol thia mortgage,lhen tLeee prese¢ts�hall be vold;
<br /> S+ otherwiee to remmn ia lull loru and eftoct aad eafd mortqaqee ehall bo entltlod ro Ihe poseeuloa ol all o!wid pioperty,and may,at its
<br /> � option,declare l6e whole ol sald nole and all lndebtedaess repreeented thereby to be lmmedlately dua and paynble,and may toreclose thin
<br /> � mor�gago or lako my ot6er legal action to pcolect Ib [iqht, and lrom the date ol�uch delault all I�eau o! tndobtedneaa aeculed horcbp , r(. ` �:���
<br /> �� ehall dfaw Interes!at�XI6 pqer anaum. Appraisemen!walved. �� �y� '
<br /> � $$ Thle mortgaga eholl�Ife bindinq upoa�d�hall eaurs l0 1hs b�nelll ot!�e hsin,asocutou,admin[�trarors,aucco�non and aaelqm a( � } v
<br /> � $Lf tho:eepecUve partln herato. �r �` :
<br /> �j IN WITNF^a4 WIiEREOP, said Moctqagor 5 h^ �Je 6ereunto �et th��� Aand=�e day and yaar lirs�above � �I�,�-
<br /> � writlen.
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<br /> �# ' G �.�C�LC_ � �'l.��f. . �a.r.—r-... � � ��7��i„�
<br /> 3 V�allace L. Karl�y ( J'oan F. K.arley 1
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