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<br /> DSORTGAG£--SaWnge and Loan Form—IDlreel Cradit Plaa) 255•2 (Speclaq � �
<br /> �..N_....M r�Q�!5�i Fi µ MORTGAGE
<br /> �b. .. ,
<br /> �w No
<br /> �� 18th ,,m,o, AugusY ,ls?6 by and betweon 7
<br /> rxts trmerrranE.maas wi•
<br /> DOUGLAS G BEBEE AND LINDA J BEBEE husband and wife each in his and her own riaht
<br /> ' ; and as spouse of the other,
<br /> h
<br /> o� Ha�� County,Neb:aaka,aa mortgagor S,aad Homo Federal Savinge and Loan Aasoctatloa ot Grand lnlaad, �
<br /> a corporattoa ocqanisod and esiaflng under the lawe o!Nebraaka wilh Ite prindpal olflce and place ol hus(aeee at Grand Iil�d,Nehiaeka.
<br /> - an martgagae; � �
<br /> W17NESSETH: That nald morigagor S lor aad In coneide=atton ot tho eum ot - � �
<br /> ,y TWENTY S I X THOUSAND FOUR HUNDRED A�lD IJO/I 00----------- - ----nollaie (s 26.400.QO �,
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<br /> tko receipt ot whlch ie heroby acknowledged, do_by theee preeente mortgage and wartant unlo naid mort9agee, ita nuccassore and � .
<br /> ;� �a��
<br /> aeaiqae,foreveq aU tha lollowing doeeribed ceal eelate,aituated!n the county of � � �
<br /> and State ot No6iaeka,to•wit:
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<br /> THE EAST 151 FEET OF LOT FOUR (4), ED ROSS SUBDIVISION I�O. TY10 (2), h40RE 's
<br /> PARTICULARLY DESCRIBED AS: BEGINIJIIJG AT A POIIdT ON THE NORTH LIiJE OF THE NE,'-, #
<br /> OF SECTIOIJ 2, TOWNSHIP II, IJORTH RAIJGE 9 ls'EST OF THE 6TH P,M., HALL COUNTY,
<br /> NEBRASKA, WFIICH POINT IS 585 FEET WEST OF THE NORTHEAST CORfJER OF SAID NEµ; -
<br /> �� THENCE SOUTH, PARALLEL TO THE EAST UIhJE OF SAID PdE,, 306 FEET; THEPlCE 4lFST,
<br /> PARALLEL TO THE NORTH LIfdE OF SAID FlE� 151 FFET; THEIJCE PIGRTH, PARALLE� TO THE S
<br /> EAST LINE OF SAID NE�, 306 FEET TO A POINT ON THE tJORTH UIJE OF SA�D NE4; THENCE
<br /> EAST ALONG THE IJORTH LIPJE OF SAID IdE�=; TO TIiE POINT OF E[GINIJIN�rSUBJECT TO �
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<br /> CQUNTY ROAD ON THE fJORTH THEREOF. J
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<br /> � Toqet6er with alt heatlng, 1ig611ng, and plumb[ng equ3pment aad fi:tucea,indudinq etokere and burnere.ncreena,awninqe,atorm windowe { . . � .
<br /> �; �I and doars,and w:ndow shadee or blindn. uxd on or in connection wi�h eaid properiy,whethe�the same aie now locut�d on eaid property }� . � �
<br /> or horealter placed thereo¢. S« . .
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<br /> TO HAVE AND TO HOLD THE SAME,together with all and einqular tho lenomante.6ereditamenla and appuitenancee the�eunto belong- i�
<br /> � ing,or in anywise appettaining,lozever,and warrant ihe litle to the eame. Said mo[tqagor—hcreby covenanl_with eaid mortgaqee S
<br /> j ihat t h�— 3re ,��,o delivery herao4 thc]nw1u1 owncr..5-.ot the p[emisee above conveyvd and doenibed,aad nfP f
<br /> 3
<br /> t aefzed o(a good and indeleaaiblo estalo 01 inherilance ihoroin.freo and dear ot all oncumhxancee,and lhat�ho.�L wilt wanant m�d $ . .
<br />�" � defand Iha lille Iherelo lorever againat the daime and demands o1 all pe�sone whomsoeve[.
<br /> PROVIDED ALWAYS, and t}ila 1t191llllilCol is ozeculed and delivered to aecu�e Ihe paymant ol lho eum ot `�'400,oo Sf �
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<br /> TVIENTY S I X THOUSAND FOUR HUhJDRED AfdD iJ0/100---------------------noliaie (s �.
<br /> with Inleroat thc�oon,logether wilh euth chacgea and adv¢ncae aa may be dua and payablo lo sa�d mo�igagee under the termn and �� �
<br /> condiliona ol ihe pxomiasory note o! even date herewith and eecuted he�eby,oxecuted by eaid morlgagor 5 m eaid moctgaqve.payable �� �
<br /> 3 ae ezpreaaod in eaid nota,and to eecure tho performance of dl the to�me and conditiona coatained Ihoreln. The torma ol said note ava .
<br /> � he�eby inco�pomlad hecein by lhie reterence.
<br /> Sj It ia tho Intention and agceement of the partiee heiato that Ihis mo�lqage ehall aleo securo any tutuie advancee made lo eaid
<br /> { mo�lgaqo:S by edd mortqagea, and any and all indobledneea in addltion to the amount above statad which eaid mo:tgagore, or any � .
<br /> # ol 16em,may owo �o eaid mongagee,however evidenced whether by nole,book account or ot6erwiae. Thle mortgage nhall remain i¢full {
<br /> t lorca and eltea betweea the partlee horolo and thelr hei:e, pereo¢ol :epreeentauvee, succeeso�n and aneigne, until all amounte eecurad $
<br /> T heceunder,includinq lutuie advancae,aie paid[¢lull wi�h interenL �
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<br /> The mortgagor=hereby aselgn_to eaid mortgagee all rent� and [ncome arieiag at any and all timee lrom said pcoperty md �
<br /> ha�eby authorizo eaid mortgageo oc ita agent, at Its oplion, upon dolaul6 to take cha:ge o!eaid property and collect all renta and lncome 7
<br /> �he�olcom and apply tho eame lo ihe poyment oI iNorael,principal,ineuraow pramiuma,ta:oe,assaeemenle, repai[e or imp�ovemente necee• j
<br /> eary to keop eaid pmperty 1n lenanlable condilion,or lo other chargae or paymenln piovided lor harein oi in the aalo horeby eentred Thle �
<br /> � �oa�aeaignment ehall contlnue in force untll �he unpaid balonce o!eaid note in lully patd. Tha takinq of posaeaeion hereundec nhall in no
<br /> � mannor prevent or tetard eaid mortgagee in the wlleclion o! eaid eumn by forecloeure or otherwfae. �
<br /> � Tho failuto ol the mo�tgagee lo aaac+!any of 1U:ighU hmeuadar at any 6me ehall not be rnmtruod ae a waiver of ila tight to aaaeri �
<br /> jttt the eame al any later 6ma and lo Inai�t upon and eulorco�t�ict cromplia¢ce w�h alt lha lerme and provinione ol said no�e and of th1�
<br /> 3� mort9aga.
<br /> 3$ I! eaid morlgagor S ehall cauae to be patd to eaid moctqagee tho entire amouat due it hereunder,and undor tha lorme and provlaioni 1
<br /> jj ol eald note hereby eacured includlnq luluia advancee,and any eztemlone o� ranewale thereot ln accordance with the tamu.and proviniona
<br /> ?i thereoL and if said moctqagor_S.�hall co¢ply with all the p�ovWoa�ol eaid aote and ol lWs mortgaga,then�hese p�esenu ehaU be void;
<br /> f othaiwise lo remain in lull lo�ce and elfoct,and aaid mortgaqee ehall be eatilled to tho poseeuioa ot al!ol eaid property,and may,at I�e
<br /> �i option.daclaro lUe xhole ot wtd note and all indebtedneu eepre�enled Ihereby lo be lmmedlately due nnd payable.and may Iorecioee thie l'� �
<br /> f'+, morigage or taice any olher lega!actioa to prolen It� rlght �d lrom the date ol such defaull all liems ol indebtedneu secu�ed LerabY St{ . , � �
<br /> {S ehail draw intermt at 8%per annum. AppraLement waived. �
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<br /> � jj Thie mortqoge ehall be bindlaq upoa and�hdl enure to th� b�nelit ot ihe heln,e:eculon,adminLtmtore, �ucce�wce md aeaiqni o! . �
<br /> Ls �he io�pec�ive parlle�he�eto. I '
<br /> � IN V✓[TNE33 WHEAEOF, �ald Mo[tqaqors��e heteuato .e� the i r hond S�ha day and year firet above � �
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