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<br /> MOflTGAGE—Savinqe aad Loan Fortu—(Dlrect Credit Pla� 255•2 (5pecinq � . �
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<br /> � l6- � 1 MORTGAGE
<br /> ()04�4 �No
<br /> THIS INDENTUNE,made lhl I 2th ,��„ o, Auqust is��by and beMeea 7 :
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<br /> WILLIAP-0 R. HOLLO�VAY AND BETTY A. HOLLOWAY, husband and wife, each in his and her own
<br /> � ; right and as spouse or the other,
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<br /> Hall �
<br /> � � ot County,Ne6��ka,ae morigagor-.�d Hame Faderal Savinge and Loaa AaaadaUon ol G�and Inl�d, � � "
<br /> �!"• {$ a mrpomtioa orqantzed and e�dnllng uuder tho lawe ol Nebmaka with 3U prindpal office and placo ol buai¢eae at Gmnd Isl�d Neb�mka. �� . .
<br /> it m morlqaqee: r �j{s � �..
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<br /> �.� WI7NESSETH: T6at eald mortgagor�lor and ia wasfdezation ol the aum of—
<br /> � # TWENTY-E IGHT THOUSAt�D S I X I-IUNDRED AND NO/I GO ------------------- notiaro cs ?8 600.00 �, �
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<br /> t �he receipt o! which ia 6ereby acknowladqed, do_by those preeanV mortgage aad wmrant uato eaid mo:tgagee, ile euccaesoxe aad $ . . ,
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<br /> S aaeigm.lorever,all the lollowing described real eefate, nituated in tho county ot_ $ � � �
<br /> j aad State ot Nebxanka,tawlL• S+
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<br /> � Lot Twenty Three (23), In Sass Second Subdivision in Seczion Feurteen (14), s$ :
<br /> � Township Eleven (II) IJorth, Ranqe hJir�e (9) '�'Jest of the 5th P.I•1., f4o�r in the �i
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<br /> City of Grand Island, Hall County, P1Ebraska. �
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<br /> � Togelher with all heatlag, lightiaq, and pl�,mhinq oquipmeat and fiztutue,indudinq etokem and bumere,saeene.awniage,etorm windowe fS �
<br /> � and doors.and window ahades or 6liada,uced on or in commecfioa with eaid pcope+ty,whether ihe same ace now Ixated on eaid property j`j
<br /> � o:ho:eatter pinced the:eoa. . . (� . � � .
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<br /> �i TO HAVE AND TO FiOLD T}tE SAME,logether wilh ell and ninqular tha tenemenle,ho�edilamenta and¢ppuitenances ihereuato belong� �$ � � � � � �
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<br /> �S ing,or in anywisc appertaininq,forever.and warrant tha title lo the eame. Said moctg¢qor—hereby covenan�_with aaid mortqagoe j3 ,
<br /> SSthat-heY °re at the delivery hereol,tho Iawful owaer-o!the premieea abovo conveyed and doacribed,and afe $i � � .
<br /> �$ seized ot a good and indelemible estato ot iaheritance therein,free and tL^a[of all encumbrancce,and that—Lhe_�L will warrant aad $S
<br /> detcad lLe tiHe ihereto forever against t6e daima and dciaand9 0l all pe�soae whomwover. t �
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<br /> PIt0�4D£D ALWAYS, and ihia inslrument is execuled and delivered:o eocute�he payment ot tho eum o!_ i
<br /> f T'�JEP7TY-EIGHT TfiOUSFi�D SI'/, HUWDRED %ib1D WO/100 -------------------nollarn (5 =�'�600.00 � �3
<br /> j� wilh inlereat the[eon,toqelhei xilh such charqca and advancos as may be duo md paya6lv lo eaid mortqagee under the lerme and =j
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<br /> �� condifionn ol lho prominsory aote of even date 6etowith and ncaucd 6eicby,oze�vtad by emd morigagor�—to said mortgagee,paya6le $3
<br /> an e:premed in naid aote,and to aecwe iLe perfo�mance of all the terms and condiliom contained Iheiein. The terme o! said nole aro �
<br /> iT hereby incorpovated hecein by Ihta refeieace. %t �
<br /> f+{ I�ta the intentioa and agreoment ol the pai�ies hcreto tLat thie mortqage ehall alao eocuro any lutura advan:ee mado to eaid �
<br /> +3 mo:tgaqor S 6y emd mortgaqee, md any and all indebtedneee in additioa to tLo amount above smled which eaid aortgaqora, o:any ��
<br /> � of lhem, may owo to said mottqaqee,however evidenced wLelher by note,book attount oc othe:wieo. This moitqege ehall remai¢in full ��
<br /> S� ]ome and ellott between ihe partien herato and their 6cice,poreonal represeatalivea, aucceewie ¢nd caeiqne, uolil all amouaL� sociued
<br /> � he�euader.including future advancen.are paid in full with fatecesL
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<br /> � The mortgagor�herobp aeaiq�to naid modqaqea all renu and lacome arieiaq at any and all flmea Imm aaid yropeNy �d {i
<br /> i� hsreby authorize eaid mortgagee ar ita ageat, at tte op6on, upoa dalault,to take chaige ol eaid pioperiy and collecl all renta and income �S �
<br /> �+ themlmm and apply lhe aame to the paymenl o(inleroeL priaripal,ineuraaca premiume,tazes,aesesnmenla, repaue or imp�ovemente necae• �
<br /> ; sary to keep eaid p[opa�ty in tenoat¢bie rnndiGon,or lo other chargee ot paymente provided(ot herein o[in the nolo hereby necvred 7hie
<br /> S reol aeaignment shali[entiaue fa lorco until�e unpaid bal¢nce ol aaid nole ie lully paid. Tho tatiaq ol poaseeeion hereuader ehall In no $
<br /> fj manne[psevant or reta�d eaid moclqaqee!n:he collectioa of said suma by foredoaum o[oihe=vrise. � .
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<br /> #; Tho lailuie o! Ihe mortgayee �o aax�t my ot !la riq6fe Le:euader at any tiao ahall not be coanrved ae a�+alver ol i�e riqht to asxrt
<br /> I; tho wmr a!any later time,and to tnaint upm and edocca atrict mc�plimce wi�h al! LL�o terma and pior.niom ol said note and o! thia �
<br /> I� moztgago. ff .
<br /> S lf eaid motlqago�_;,_nhall cauae to Iw paid tv�aid moriqagee the entlre amount due 1t he�eunder,and uodec the torma aad provielon� ��
<br /> of eaid note 6ereby eacu:ed Indudiaq lutuie adv�we,and any eztemioni o� tene.raL �hereo! In acco:daace with the terme �d proviaioni �
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<br /> s tho�ool,and it wid moAqaqot_:x_shall comply�+ith aLL the provldoae of eafd note and ot�hla aortgage,�hea the�e pcesenb e6a1t be void: e�
<br /> s� otbenwise to:emmn ia!ull lorce and etloc6 and said mortqaqao�hall be entiqed to iho pa�neuioa al all ot aaid propony.md may,at lu F�
<br /> r• optlon,dealare the ahole ol wid aote and all IDdebtedneu repaoealed the:eby to be immedlately due md payable,and mvy lorecloee tlils ' �
<br /> �S morlqago or take an�other logal action to protott Su righ4 and Irom the date o[mch delault all ltems ol indabtednen� �ecvred bereby I$ :
<br /> iS ehall draw inlernt al 996 por annum. Apprateament wdved � " �� ��..
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<br /> - $� 7hte mortgage�hall be 6lndinq upon and�hall aaute to lhs b�nefit of ths 6�tn.exxvto:�,addviatrator�, �ucceaaon and msiqn�oi a
<br /> Ihe re�pxtive paitio�he�ato. si � a
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<br /> �� Sj IN WITHESS Wf�}fEOF, aaid MoAqaqor � h^��- heieunto �et `hn i f' t+¢ad—:—`-i2�o day and yoar liret above
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<br /> �� Yti I I �am R. Nol ovra �/ �ettv;�h. Hol lor�ay
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