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<br /> �� MORTGAGE-Savinge aad I.oaa Form--(Dl�ect Credlt Pian) 2553 (Spedal) � �
<br /> �`.N7b- {1p,� MORTGAGE
<br /> 367
<br /> I.oan No � . . � � . .
<br /> , � TMS INDENTUAE,mode tht. 23rd aoy o� �U�B ,19�2.by and batweea 1 . �. �
<br /> JAMES L. NEEDHAM AND 4ETH E. NEEDHMI, husband and +aife, each iri his and her own right
<br /> _ ; and as spouse of the other
<br /> o�_ Ha I I County,Nebranka.�mortqagors and Homa Federal Savtage and Loan AesociaHon of Grand Island,
<br /> a corpomtion o�gani:od and edating mdor the lawa ot Ne6raska with ils prindpal oHiro and plarn ol 6usi¢een at Grond Idaad,Nebrmka, � � � � . -
<br /> as moctgagee: ' . . � . -
<br /> WITNESSETH: 76at eaid mortgagor 5 tor md ia coneidecation ot Ihe eum of__ � � � � . �.
<br /> ii THIRTY-SIX THOUSAND EIGHT HUPJDREU AND NO/100 ------------------ noua�e (s. 3G,800.00 �
<br /> the receipt ol which la hereby acknowledqed, do_hy t6oee preeoate mortgage and warrant unlo said mortgaqee, ite eucceeeore and . . �
<br /> asaigne, to�ever,all the tollowinq deecribed real eslate, eituated in tha counly oL H`��� . . . �
<br /> and Smta o1 Nebraekm to-wtt: A TRACT OF LAND COMPR I S I NG A PART OF THE EAST HALF OF THE SOUTHEAST
<br /> ; QUARTER (EzSE4) OF SECTION TWENTY -EIGHT (20), T04�NSHIP E�EVEN (II) NORTH, P,ANGE TI�JEL4E
<br /> (12), WEST OF THE 6TH P.�d., HALL COUNTY, NEBRASKA, �•10RE PARTICULARLY DESCRIBED AS FOLLOWS:
<br /> BEGINNIN6 AT H POINT ON THE EAST LIhIE OF SAID SECTION TY�ENTY-EIGHT, SAID FOINT BEING OPlE
<br /> TNOUSAND TWO HUNDRED T��lENTY-THREE AIJD FIFTY-SEVEPJ HU�JDREDTHS FEET NORTH OF THE SOUTHEAST
<br /> CORNER OF SAID SECTION T'r�ENTY-EIGNT; TH[!�CE tJORTHERLY ALO��G THF EAST LINE OF SAID SECTION
<br /> TWENTY-E16HT A DISTAP�CE OF SIX HUNDRED FORTY-FOUR A�JD T'rlENTY-FOUR HUNDRED FEET; THENCE
<br /> �� CEFLECTING LEFT 82°07' AND RUNNING NORTH4��ESTERLYoA DISTANC[ OF T4�0 HUNDRED SIXTY AND FORTY-
<br /> � FIVE HUNDREDTHS FEET; THENCE DEFLECTING RIGHT 16 II'30" AND P,UIJNING NORTHWESTERLY A DISTANC
<br /> OF TWO HUPIDRED FIFTY-TWO AND SIX TENTHS F[ET; THEt�CE DEFLECTIIdG LEFT 25°44'50" AND
<br /> FUNNING WESTERLYpA DISTANCE Of ONC- HUNDRED iJINETY-EIGHT AND FOUP. TENTHS FEET; THENCE DE- �
<br /> FLECTIN6 LEfT 87 31' AND RU�NING SOUTHERLY A DISTAfJCE OF FOUR HUNDRED FORTY-THREE AND
<br /> TWELVE NUNDREDTHS FEET; THENCE DEFLECTIIdG I.EFT 47_°22' A�JD f2UNNING SOUTHEASTERLY A DISTANCE
<br /> , OF TWO HUNDRED EIGHTY-FOUR AND PIFTY-NINE HUfJDREDTHS FEET; THENCE DEFLECTING RIGHT
<br /> � 44�29'30" AND RUNNING SOUTHERLY A DISTANCE OF OPJE HUIJDRED IlINETEEN AND T�•�ENTY-ONE HUNDREDTH
<br /> FEET; THENCE DEFLECTING LEFT 92°41'40" AP�D RUNNING EASTERLY A DISTANCE OF FIVE HUNDRED
<br /> �$ TEN AI�D FORTY-SEVEfJ HUIlDREDTHS FEET TO THE PLACE OF BEG I NIJ I NG AND COWTP,I fJ I MG I 0.435 ACRES
<br /> SMORE OR LESS
<br /> SS Togother with all heating, liqhtiag. and plumbinq aquipmont and li:tu�ee,induding amkoro and burne:e,ecreene,awninqe,elorm windowe �
<br /> t and doors,and w?ndow shadea or blinde,used on or In connection with said propecty,whether tho name aro now located on eaid property . �
<br /> �f{ or horeafler placod�hareon. ( �
<br /> i3 TO HAVE AND 70 HOLD THE SAM£, loge�her wilh all and eingular�he�enomonte.6oredilamente and appurieaancee lhomunto belong- ? � .
<br /> tI$ i
<br /> >j Ing,or in anywisc appartaininq,lorever,and wanant the lille to tho name. Said mozlgagor—hereby covenan�with eaid morigagee = � �
<br /> 2
<br /> £ that t he_� a��'' ,at lhe delivory heraoL lhe]awlul owaer`—at tho premieea above conveyed and deaaibed,and `��e � � � .
<br /> � seized of a good and indeleaaible est¢Ie ot inherilance therein, lrco and clear ol oll encumbrvacee,and tLat 1 ho_�will wurrmt mtd . � . � �
<br /> delend Ihe tllle iherelo lorevor againet iho daima and demandn of all pe�sonn whomaoevar. . �. . .
<br /> � PROVIDED ALWAYS, and tlile inetmmenl is executed and delivered lo sxuro Ihc payment o(Iho eum at �. _ � '
<br /> £ TH I RTY-S I X THOUSAND E I GHT HUIJpRED �1fJD No/I 00 ---------------- nollare ts 35,800.00 ,
<br /> � wilh(ntereat Ihereon,togo�her wilh euch chaeqee and advancee m may be duo md payablo to soid mo�tqageo under the terma and
<br /> condi�iane ot lho p�ominsory note ol even data herewi�h and eecumd heceby,executed by eaid mo:tgagor�to naid mortgagoe,payable
<br /> as eapreseed in eaid noto,and to eeture lho pedormance ol all tho term+ and conditlone conlained ihoroin. Tho tarms ol enld aole ace
<br /> � hereby incorporaled hereia by Uue ielerence. .
<br /> 7
<br /> 3 11 is ILv intention and agieemonl ol Ihe parlien heceto Ihal this mortgage s6all also eocuro any lutute advancee mudo to eaid . �
<br /> t
<br /> � morlqagor S by nald mortgagee,and any and all indoblednoen in addition to Iho amounl ahove elated which aaid mortgagora, or any
<br />� of them,moy owo �o eaid mot�gagee,howevar ovidencod whether by noie,book accouat or otherwina. 7his mortgaqe ahall romain in tull { .
<br /> lorca and e!lect belweoa the parties Lerelo and thoir heica,po�eonal repreaenlatives, eucceeaora and aneigna, until all amouuv eecuced #
<br /> � he�eunder.includinq tulure advmcea,ace paid in lull with intoreeL S
<br /> 2
<br /> Yhe morlgago�S horeby aeaiqa—to eaid mortgagea all :enta and income arieiny at any and all timee l:om enid p�operty aad {S
<br /> - �� he�eby Qutho[i:e eaid mo�Ig¢gee or ite agent, al lla option,upon default,to take c6argo o[naid properly and collect all[enla and income �j
<br /> the�e(�om and apply the eame to Ihe payment o�intereel,principal,ineu�ance premlumn, Iazee,maeeementa, rep¢ire or tmprovomenle nacee-
<br /> '� enry lo keep eaid propo�ty in lenantabla condilion,or lo other chargoe or paymenls proHded!or horefn or ln the nolo heroby eecured Thie
<br /> � ren�aseiqnment ehall contlnue in loree until lhe unpaid balanae ol eaid note in fully paid. Tho taking o!posseeaion he�aundar ahali In no
<br /> mannar prevant or rotar�l eaid mortgagea in the wllection o!aaid euma by tocecloauie or otherwieo.
<br /> ' TAe failure ot thi .ntgagee to aasert any ol lU righto hereunder at any timo nhall nol be mnatrued ae a walver o(ile cight to aeaert
<br /> $it iha eame at any late�. ume,and lo Imtel upon end ealotw�trict compllance with all lho lorma and pmvisiane of eaid note and o! lhL� f
<br /> j� mortgaqa. f
<br /> j It eaid morlgagor—ehalt caux lo bo paid to eald mortgagee the enti�e amount due it hereunder,and under tho tecmn and proviatona
<br /> fj of sald note Loreby securod laduding futu�e advmcoe,and aay o:tensione oc renewaln Ihereol In accordance with tha terme and proWeloni
<br /> =s theroof,and il eaid mortqagor_�ehall mmply wi�h all the p�avisions ol eatd note and ol thie mortgaga,then theea p�eeent�ehalt be roid;
<br /> �� o�herwiae to remain In lull lorce and efloct,aad eaid mortgagee ehall be eotitled to the poueedon ol all ot eaid pmperty,and may,at Ite
<br /> S� option.doclare t6o whole ol �aid nota and all lndebledneu:epre�ealad thereby to ho Immediately due and payable.md may loredoee Ihis ,;(:. r..,�
<br /> monqago or tako aay o�her legal allon to protect 1b dght,aad Irom Ihe date ol euch detaull all I�ams ol indobtednee��ecwed hereby . '
<br /> : A'
<br /> �3 ehall dmw Interost al 9%pee mnum. Appraisament walved 1 .N ,�:���
<br /> L $; Thfe modgage ehall ba bindlnq upoa and �hall enuia to Ihe b�neL!ol the hetr�,e:ecuton,admini�tratoze,�ucce�wn aad aneiqn�of � � y
<br /> �S tho ro�peclive parile�haielo. �. ,
<br /> f� / �`
<br /> f .IN W3'[NF33 W76REOF, wtd Mortgaqor�aVe he�euolo ■et th�� han�the day and yea�tinl above r:. t^��.,
<br /> wlltlen.` .
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<br /> -Jam,es{Needham _ Leth "t. �leedh��n ---
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