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<br /> MORTGAGE�Saving� and Loan Form—(Direct Cred71 Ptan1 255•2 (Spectal) - . �
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<br /> Y, � q3�;4 MORTGAGE
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<br /> �,� THI9�INDENTURE�made th! 61'h ,�Qy ot AL9uSt .I9�1L,by and batweea ,
<br /> � CHARLES F. GORDON AND NANCY K. GORUON, husband and wife, each in his and her own
<br /> � ; right and as spouse of the other
<br /> r� of He I I County,Nebrmka,�mortgagor 5 and Home Fedeml 3avinga aad Loan Aeeodatlon o!Graad Ietand,
<br /> � a corporallon orqanSzad and e�dsUng undnr the law�o!Nebraeka wlth!ts prindpal olltee and placa ot 6us[neea al Grantl latand.Nebm�ka,
<br /> .! �mortgagee: ..
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<br /> �� WITNFSSETH: That sa(d morlgagor S tor md ia conefdoiatlon o(the eum ol
<br /> ' SEVEN THOUSAND NINE HUNDRED AND NO/100 ---------------------- 7,90Q.00
<br /> ,,,� noua�e ts �.
<br /> ;i y �ha�ecelpt ol which ie heroby acknowledged, do— by these pre�eale mortgage and wartant unto eaid mortgaqoe, ite eucceeaoro md
<br /> �� ¢setgne,lorever,a11 tha tollowing dex:lbad coal ealato, situated In the counly oi Na I I
<br /> �.� and State ol NebrueJca.to-wiL
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<br /> ;s LOT FOUR (4) �N BLOCK ONE HUNDRED THIRTY (130) IN UNION PACIFIC RAILWAY COPAPANY'S
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<br /> �� SECOND ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA
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<br /> �� �3 Together wi�h all hoating. lighttng, and ptumbinq oqulpment and ItxtuToe,includinq e�okon and burnen.eaeena,awninge,ntorm windows �
<br /> �'d and doors,and wtndow ehadea or blinda,uaed on or in conuedion with eaid pvopedy,whether the eame aro now located on eaid property
<br /> ,� `� or hereatter placod thercwa. -
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<br /> TO HAVE AND TO HOLD THE SAME, tagelher with all and eingular tho tennmonte,horedit¢menle and appurtauances tha�eunto beloag� . �
<br /> c ing,or in anywiae apperlainiaq,lorever,and wa:ra¢t Ihe litle to tho eame. Said morlqagor�_hereby covenant—with eaid morlgaqee . � . �
<br /> �jj ihal_the�' are at the dollvory hereol,the lawlal owner S ol Ihe p�emieae above conveyed and deeaibed,and i3�e f� �� .
<br /> � seizod ot a good and fndeleasible eelalo of[nheritance lheroin. ([ea and dea+of all encumbrmcee,ond Wat t 1�0_�will war�ant and + ' . �
<br /> ' � defend the litle therato(orever againat tha ctaims and demands ol all poreone whomscever,__--_— -
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<br /> PAOVIDED ALWAYS, and this Instmmenl ia ezecuted and delivered to socure Ihe payment ot tho num oi
<br /> SEVEN THOUSAND N I NE NUNDRED AND NO/I 00 - noDare (s �.900.00 �
<br /> � w}ih Inletent lhe[oon,logolher with euth tharges and advancee m may 6c duo md payablo ta said modgaqeo undv� the �erms aud . �
<br /> conditlone ol tho pcomiasory nota of even dato hetewilh and aecu�ed hereby,execulod by eaid moitgagor 5 lo eaid morigagee,payable
<br /> # as o:prenead in eaid noto,md to aecuce the pedocmance o(all the tormn md conditiom contained Iho:oln. Yho torc�a o! eaid nole are � ��
<br /> � hereby incorpo�a�ed hecein by thii[efe�ente.
<br /> j II te lhe intention and agceamenl ot�he partiea hereto lhat thia morlgage ehall al�o aocu:o any luture advancee made to eaid
<br /> � morlgaqor 5 by aald mortgaqee,and uny aad all indebledneae in addltloa to 1he amomt abova etated whlch eatd modgagooe, or aay �
<br /> o!them, may owa to eaid mortqaqoe,however evldenced whether by nota,book accaunt or olherwiea. This morigage shall iomatn ia lull
<br /> ioma m�d e!lect betweea the pa:tiea horeto and thoir heire, pereonal ropteeenladvea, eucceaaora and aaelgna, unlil all amounts eecurod
<br /> hercuader,Includinq luhue advmcee,are paid Sa full wllh iatereeL � � �
<br /> � Tho morlgagor S hereby aeaigti_to aaid mongaqee all rente and lncomo arieinq al any and all limee t�om eaid PlopeRy and .
<br /> horeby authorize eaid mo�igaqee oe ile agen6 at ils option,upon dalaulL to take chmge cf eaid propeny and collect all rente and Income
<br /> t the�eEmm and apply lhe same Io the payment ot Inle:oeL prinripaL iaeumnca premlumn, laxoe,assemmenle,tepai�e or Impmvementn aecar
<br />� 1 enry to kocp eaid proparty in tennntable mndllion,oc lo other cbarqae or paymanb pcovtdad!or hecein or in the note heieby eec�ed. 7hla � .
<br /> j rent aeatgnment ahatl coatinue in lvrce uutil the uapaid balance o! eaid aote in lully paid TTio taking ol poneamloo heieunde�ahall In no
<br /> j manner prevent or relard eaid morlgagee!n the rollxtlon ol safd auma by foredoeuce or olherwiea.
<br /> i Tho failure of the mo:tgagee to aaae�l my ol iU riqhV hareundor at any ttme ehall not be conelrued as a waiver o!ita right to aaxri
<br /> „ jtt ike eamo al any later time,and to imlet upou and entoma s1�1ct compllance with all lhe ta�me and p�ovleions o! said no�o and ot lhin j
<br /> 3S motlga9e. �
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<br /> ' $$ ll aald mortqagor_�ehaU cauee lo be paid to said mortgaqee the entire amount due i!hereunder,and under Ihe termn and proviaion�
<br /> $� ot eaid aote hareby eocuced includtag luluio advmcee,and any ex�ene(one or renewaie lhereot la aarordaace with �he term� and piovldon�
<br /> $j$j$j theraot,aad i!eafd mortqagor_�ehall rnmply wiih all the provielone ol eald aote md ol thle mortguge,Ihon Ihese preeenla ehall ba votd;
<br /> �i otherwlee to remain Ia lull lo[ce and ailen,aad eald moitgagee ehall be ealitled to the poaeuloa o1 all o!eaid property,and may,at ils �
<br /> optlon,dedare the whole ol eald aote md all Indeblednee�repie�eated thetaSy to bo immedlately due and payable,and may lo�ecloee lLle ,;F„( t ,
<br /> mo�tqaga or take m�p ol6er legal actioa lo proleet Ila dghl.and (rom the date ol euch default all tteme ol i¢deblednees secuied Lereby ,
<br /> Sehatl draw latere�t at 9%por annum. Approiwmeot Mdved ��t1t a .
<br /> ��n 7hie mortga9��haLL ba bindlnq upoa md�halt aaure b the b�nellt ol tLe hein,ezecuton,adminietratoie,�ucce�wce md aseiqxu o! � . . �' ;����
<br /> � Ihu:eapective parUe�heiato.
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<br /> IN WI7HFSS WFiEREOF, sald MoAqaqor 5 h�Ve hereualo oet the i r t,Qo��he day and yeac ltiet above rv„ ? '�
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<br /> — ar es F-Gor3on � - �-(.f��
<br /> . G Nancy 6�-don
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