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<br /> MOR7GAGE—Savinqs�and Loaa Form--(Direct Cradit Pla� 265•2 (Spedd) .
<br /> �N.76- � , 5 lVIORTGAGE
<br /> 0 3'7 0
<br /> . � . �.. . . Loan No � � � � .
<br /> TH19 INDENTUAE,�made Ih+• lOth drry o�. Jllly ,1976 bp aad betwaen. . .
<br /> MICHAEL GALVAN AND MARILYN J. GALVAN, husband and wife, each in his and her own ri�ht
<br /> 3 and as suouse.of the oCher $
<br /> �
<br /> � �o� ��11 County,�Nebraska,m mortgaqor S�d Home Fedeial Savlage and T.oan Aaeoclatlo¢ol Grand lelaad, � � � � � -
<br /> a wrporatlon orgaNsed aad e�datlng u¢der the Imve o!Nebraeka wiW fU prfadpal olifee aad placo of bualnem at Gxand Iel�d,Nebraeka,� �� , .
<br /> an mortgagee; � � � .
<br /> WITNESSETH: That eald mortgaqor S�lor and fn coaefderation ol the eum ol � . �.
<br /> � ' ELEVGN THOUSAND FIVE HUNDRED AND NO/100---------------------------- oUais IS 11,500.00 �,
<br /> �the recaipt of wl�leh ie Lezeby acknowledged,do_by theee praennta mortqaga and wmrant uato eafd mortgaqeo, ite euccomort and �. � .
<br /> aeelqne,torevor,all the tollowing deeeribed real oetate,dluated fn lhe counly of HII11 � � -
<br /> � and 3tale ot Neb�aska,tawft: � � . . � � �
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<br /> THE SOUTHERLY FORTY-SEVEN AND ONE-IiALF FEET (S 47.5') OF IAT UNE (1) s
<br /> IN BLOCK FOUR (4) IN RUSSEL WHEEL�R�S ADDITION TO TIiE CITY OF GRAND
<br /> ISLAND, HALL COUNTY, NEBRASKA.
<br /> _ S} Toqathei with all heating, lighttng, and plumhing equtpment and 1i:turee,including eloken aad 6umeu,acreeaa,awninge,etorm windowe � � -
<br /> +� aad doora,and wladow ehadea or bllnda,uaod on or in conaectioa wit6 edd properiy,whether the samo ace now located on eaid property � � � � �
<br /> or horealler placad lLoraon.
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<br /> . TO HAVE AND TO HOLD 7tiE SAME,together wtlh ail and einqular t6e tenemante,hereditamenta and appurlea�cee theteunto beloaq• . .
<br /> (ng,or in nnywiee appertalniaq,lorever,aad warrant the NUe to tho eama. Satd morigagor S here6y mvenanL_with naid mortgaqoe �
<br /> thal�v�_ arC at the deilvery 6eraol,the lawful owner S ol the p:em3ean above ceaveyed and deecribed,and arE . �
<br /> �
<br /> £ sei:ed of a good and Indafoanible eatate ol fnLeritance thereln,2rea and dear of all ancumbrancee,aad that t bo Y wlll wanmt�d . � . . �
<br /> � deload the Ulle therelo lorever agaiael the claima and demande ol all peraon�whomeoever. t . �
<br /> PROVIDED ALWAYS, md this inat�umant ie ozecuted aad delivo�ed to eecu[e the pQyment ot tho eum oi S
<br /> # ELEVEN THOU.°iAND FIVE HUNDRED AND NO/100--------------------------noitace (a 11,500.00 �
<br /> #t wilh iatexesl t6eieon,togather with euch cLaxgea aad advancoe m may ba due and payable lo eatd mortgageo uuder the terma and
<br /> T wnditione o! the promteaory note ol even dale harowith and eecured hereby,ozeculed by e�d morigago�S to ea[d mortgagee.payable
<br /> � ., # ae ozpieeaod fu sald aoto,md to eecura Ihe pectormaace ol all the te�me and coadlltonn mataiaed ihe:ein. .The te�ma ot edd noto are �
<br /> . hareby Incorpoxated hereln by ihle:eference.
<br /> It is the Satention and agroemenl of the paiqee hereto Ihat thfe mortgage ehall alao securo any Iuture advances mada to said � �
<br /> � modgago[S 6y amd moAgagee,and aay and all fadobtedaoee !n addtfloa to tho amount above etaled which eaid moRgagore,oi aay
<br /> � of them,may owo lo eaid mortgagea,however evldaaced whother by aote,book attrounl or otherwiao. Thls morigage ehall remain ia lull
<br /> ; lorca aad e8oct betweoa tbe parHee horeto and t6eir heirs,peraonal zepresentaUven, eucceenore and aneigne, untit alt amoun�s senued �
<br /> hereundet,Indudiag fuhue adv�cea,are paid ia lull with inte�esL �
<br /> � The mortgaqot�_heteby auign_to eaid moriqagee all reats�d iarnme arieiag at aay and all timee (iam satd proporty�d 2
<br /> here6y aulhodze eaid moitgagee or ib agent,at fU optlow upon delaulL�to taka c6�ga ol eaid pmperty and collect all rents and Income 5
<br /> tboretrom and upply the eame lo the paymeat o!intorast,prtndpal,faeuraace plamiume,t�e�,aene0ameale,cepai�s or'unprovemenL aecea•
<br /> eary lo keep eald prope�tp tn tenan�abla coadlUon;or to olher aha:gee or papments provlded lor heretn or t¢the note hereby eecured. TWa
<br /> . renl aeaiqnmenl ahall continue la toree uatil the unpaid balnnca ot eNd aote fa tully paid Tho tal�ing ot poeaeaelvo hareuader ehall Sn na
<br /> � manner prevent or retasdy}Wi¢.am�tgaq�e-inMhr�mllaeUon o! eald suma by loreclosiue oi otherwino.
<br /> �y4 ^'�:� a...>.yK�R„c ..::� .
<br /> ' 76e lailure o! the fnoriqagee 1[k t�n�c01`M[�iights hxeuader at aay tlme nhall aol be conetiued ae a walver o!Ita right to aeneR
<br /> ftt tha eame at any late[tfine!�¢ndt�o'Yhe�s�pt�aad;eq(prw.�t�id compllance wlth ap t6o terme and p�ovielona o! said note and ol thls
<br /> . � modgage. .,....... ......Y.. . .,
<br /> 4....:..,..��...... �
<br /> II eetd morigagor S ehaU cause lo bo pald to�atd mortgaqee the oaHre amount due tl hereunder,aad uadcr the tcrme wd piovieloni
<br /> � $ ol said aote hereby�ecured ladudlnq lututo advmeea,aad anp ariemlaiu or renewaV thereol In accordmce wlth the ta�aad provielona
<br /> f �he�eol,and ll eaid martqagor 5. ahall comply wlth all the provtdons o!sald aote aud ot thL morlgage,thea theea preeanla ehall be void; �
<br /> S ot6er�iu to remaln fu lull lo�es�d eftecL aad�ald morigaqee ehaU be soHUed to the posw�elon ol al!o!sald property,and may,at fte l � .Y r ,.
<br /> . S optlon,decla:e!he w�6ole o!said¢ote aad all ladebtedneu:apre�ented the:eby to be Immedtately due and payable,and may forecloeo thL
<br /> . � � moriqage or take miy other leqal aetlon to protecl fb dqhL aad!rom the date ol euch delault all ltem�o! tndobtodneu �ecured 6eoeby $ � - � 'N �
<br /> � e6a11 draa lateroet aj�%per annum. Apprvisemeat wafved Fi �"
<br /> �� Thia mortqaqe■�all be bladtaq upoa aad�hall enure 10 the b�nellt o!ths h�ln,ezecvlon,adminletzato:s.�uccouors md aaelgm d j{ I � �
<br /> tha respecNvs parGa Lemlo.. f J r,�
<br /> � IN W(TNESS Wf�AEOF, w1d Mori a or S ti„ Ve hereuoto �et theiT hund S the d h' � � -
<br /> 9 9 ay�Ycar(Ust above �
<br /> willlen. � 1,,,,JJJ ' .
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