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<br /> MORTGAGE—Saviage and Loan Form--(Dltect Credit Plan) 25b2 (Spedal) � - � �
<br /> � 7� _,0 0 4 3 G 7 MORTGA►GE
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<br /> � THIS IN➢El7YURE,made tht 6fh .t..y ot Augi��t -131CL by aad balween �
<br /> JERRY L. SCHULTZ AND LINELL SCHULTZ, husband and wife each in his and her own riqht
<br /> � ; and as spouse of the oiher
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<br /> - � o�_ Ha I I county,Nebraska ae mortqagor 5 a¢d Home Federal 3avinge aad Loan Associallon ol Graad leland $
<br /> a corporatton organized and e:isHng under tho laws o!Nnbraeka�vith ite priadpal olfice md plate ol busiaena at Grand Iel�d,Nebraska.
<br /> ; � aa mortgagae; �
<br /> s WITNESSETH: That eaid mortgagor 5 for and In comidetation oE ihe aum of
<br /> '� FORTY THOUSAND AND h10/100 -------------------------------------- nauore cs_ 40,000.00 �,
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<br /> Ihe recelpt o! which ie hereby aclmowledged, do_6y thase prenents mortgage and wanant unlo eaid mortqagee, ile eucceesozs and ��
<br /> ' S aseiqne,forever,all the following deeczlhed real uetate,aituated In ths wunty of Ha I I .
<br /> i t and Stata ot Nehraeka,to-wit: .
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<br /> LOT THIRTEEN (13), BLOCK TWO (2), ih: SOUTHERN ACRES ADQITION TO THE CITY OF $�
<br /> � GRAND ISLAND, HALL COUNT'(, NEBRASKA �
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<br /> $S{{{ #�fff
<br /> �� Toqether with all hoafing, liqh4ng. and pl�m6ing equipmeat and lixmroe,including atolcere aad bumere.eaeena.awninqe,atoim windowe ��
<br /> and dooxa,aad window ehadea or blinds.used on or in connecfioa wilh amd peopeity,whethe�tho eame aro aow Ixated on aaid property f
<br /> }� or he:eatter placed thereoa. 3 .
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<br /> $S TO HAVE AND TO HOLD THE SAME.to5ether wilh all and eingular lho tenemen�e,hotedlmments and appunen�cen thovaua�o beloag- �
<br /> $f ing.or in anywiae appertoininq,lorever,and wanant tbo title to lho eame. Soid mortgagor 5 heceby covenanL—wlth eaid madgagee � -
<br /> S t are
<br /> that�te� al�he delivery hereol,the lawful owaer_=�a(Ihe premievn abovo conveyed and described,and ��P $�
<br /> Sj $�
<br /> +tf seized of a qood and indeluaai6la eetata ol inhaxitance theroin,lree and cleai ol all encum6mncee,and thal 7��0_�will warrmt and $ �
<br /> $S defoad lhe title lhereto loiever against lhe cloime and demands of all pc�aone whomsoevor. .
<br /> ��� PROVIDED ALWAYS, and ihs inntrumeal ia execuled and delive[ed to secure lhe payment ol lhe sum o� �' �� . �
<br /> � FGRTY THOUSAND APiD NO/I 00 --------------------------------- �oilaie (s—�'4.�000.00 p,
<br /> wilh lnteveet lhe[cwn,logether with sucb chaiges and advancae m may be duo ond payable to aaid mo�igaqea undor ihe lerma and $ �
<br /> �� condi�lone of tho promissory no�a o! even dato herowi�h end aecured hereby,execu�od by nafd mor�gagor_to said mo�tqagoe payable $ . �
<br /> ae o:presaed in aaid noto.and to eccure lhe performance ot all tLo terms and toadiliom mnt¢ined Ihvtein. The farm+ o( eaid noto are
<br /> £; herehy intorpota�ed Lerein by thie[eiarenca. t ... . . ....
<br /> �jS It is the inlention and ag:eement of the paniea hernlo lhot thia morigago nhall aL+o s�cu[e ony lutu:e advaacea mado to naid � ��
<br /> St mortgaqor�c`_by eaid moriqaqee, and any and all indobtednesa in addition to tho amount above etalod which said morigagote, o� any
<br /> �f ot theo,may owo to eaid mortgagee.howevec ovidenced whether by note,book acrnunt or o�hecwiae. 71i[e mortgage nhali remain ta tull s
<br /> �orca and e(lect lxtweea tLe partiea hemlo aud Ihtir Leire, peieoaal �epreecnlativea, euccceso+e and aanigaa, uoGl oll amounta secured {3t
<br /> ��t hereuader,includiag lutu:e advancee.are paid in lull with Inteveel. !SS � �
<br /> $S
<br /> 2 7'k�e moctgagor 5 horeby aesiga_to aaid mortgagee all renla and iacome arieinq at anY and all limee (rom eaid property and �?
<br /> �� hereby authorize naid morigagea or i�a agenp at ita option, upon defauil,to take charqo ol naid property and collect all ienta and income �5 �
<br /> �+ therefrom and apply lhe eame�o lhe puymeal ol interos4 principal,ineuiance premiumn. lo:ee,anseeamootn, iepaira or improvemeaU aeco�• � .
<br /> f� eary lo keep said p[opady in tenonlable rnadltion,o� to olher chntqee or payment�providad(o[hereln or in the aola heroby aeciued YtJn S
<br /> $� ronl anaiqamea�shall toctinue W lo:ce mtll the mpaid balaace d eaid mte ia tully peid. The taking a1 poeseaaion he�aunde[ehall!n no tS$
<br /> S� manaer preveat ar:o�a�d wld mo�tqaqee in the colloction ol eaVd eums by to�ecloeum or otherwlae, j�
<br /> � i'ho lailu:e al Ihe mortgagee�to aesert aay ot !ta rights he�euade�at any tirse ehall aol be comtrued m a waiver ol ile righ!to aaxn � �
<br /> '� Ihe eame at any later fime,and lo inebt upon ond enlomo ntria mmpllance wilh all Iho lecmo and pmruiom o7 said nota m�d ol thi� �
<br /> $i mortgago. $�
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<br /> i It eaid morlgagot S ehaU cawe lo be pald lo wid mortqagea tho emire amounl due It heveunder,aad undox iho tarme and pzoviaion� � �
<br /> f; of nald aote heteby eacuied,indudinq/uuuo advaacen,and any e:temioa�or tenewala �hereat In accoedaace wi�h the term�and p�orieions f
<br /> r$ theieol.�d i!said mortgagor_ehall wmply�vith aLL lhe provLlom ot�aid aole and ot thle morlgaga�hm theea preeanli eholl be void; tS
<br /> s� o�henvi�e to remain in lull lome aad elfoc4 md wid moriqaqee ehall be antiUed to tho poeee�elon ol all of eaid properiy,and may,at ils j
<br /> optioa.dedare the whde o(�a[d nole and all ladebtednau iapmeenled lhe�eby to be Immadiatoly due ond payable,aod may lomcioao thia i
<br /> �� mortgaqe or take avp other legal action lo pw�ea lta d9hl, �d!rom the date of euch detault all Items ol fndabtednees �ecured hoieby £$ •=�� a ��� .
<br /> �f ehail dxaw in�eieet al 9f�5I��anaum. Appraiiement w�afvad �$ � �f,
<br />� �� 7hls mo�tqaqe ahall he 6lndiaq upoa and�6a11�¢urs to Ihe b�nelll ot the hain,ezecvtoz�.adminut:a�on.�uccauon md a�aiqns ol tt . � � V
<br /> ! �: j Iho Ie�p�4rs partin Lerelo. SS '`
<br /> L #$ IN WI Wt�liEOF, wid Mo:tqagor �a�P bereunlo �et the I� haad�lbe day and ycar lirat above "� „� �
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<br /> i�j � ��i , < C �� �.'/, r. f— � 4t7
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<br /> � Jer ultz _ Linell SchuLY , 1
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