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<br /> MORTGAGE—Saving� and Loan Focm—lDiroet Credlt Plm) 255�2 (Speclal)
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<br /> : �` 76- l)O 4�a��i MORTGAGE
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<br /> � TNIS INDENTURE, made thtt 26th �tay o� A��El15t .1976 by and batween � � � .
<br /> MICHAEL GALVAN ANll MARILYN GALVAN, husband and wife, each in his and her uwn right �
<br /> � and as spouse of the other, �
<br /> $
<br /> o� Hall County.No6rmlca,as mortgagoz S md Home Foderal Savlage and Loan Aeaoci¢tio¢ol Grand leland. � , � �
<br /> a mrporation organtzed aad ezinting undar tto laws of Neb:aeka with itn prindpd olfice and placo of 6wineee nt Grand leland.Nabraeka. � - . � � -
<br /> m modgaqoe; � � � � � .
<br /> s Tcaent��-One Thousand Four Hundred
<br /> �; WI1'NESSE7H: Thal said morigagor� !or aod in eonetderatlon of the avm ot - . � �� �
<br /> and no/lU0 ---------------------------- 21,A00.00 #f �
<br /> � -----------"–' nollam 15— ). $ I
<br />� Ihe recaipt ot which ie heteby acknowledged, do—by theae preeente moAgage and warrant unlo eaid mortqogeo, ila euccesaote and �#t �- .
<br />� Fla l l #F
<br /> assiqae, forecer,ali the lollowing doxribed real ee�ato,niluoted in tha county of— �
<br /> and Stalo o!Ne6raelca,lo-wiF. # �
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<br /> S; . - . .. � � �.
<br /> � Packer and Barr's Second Addition to Grand Island �$
<br /> � Lot Three (3), Block Thirty (30),
<br /> �� Ha11 County, nebraska.
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<br /> �� $:
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<br /> Together with all hea�iag, ligh4ug, and plumbiaq oqtipmont and lixtu�ae,includinq elokan and 6umcre,ac[cans,awninge,elorm windowa j ��
<br /> S� and doora,and window ehaden or blindn,used on or ln mmectioa wi�h eaid proporty,whother tho samo ara now located on said property j � � . � . .
<br /> TS �r herealler placed thereon. t(� � . . . . � . �
<br /> {f TO HRVE AND TO HOLD 7HE SAME, �ogelher with all ond sinqular lho tenomeats,heredilamenls and appuctouancce thoreunlo beloag- i){ -
<br /> F� t
<br /> f ing,o�in anywise appartaining,lorever,and warrant the tille to the eame. Said mortqaqor S herchy rnvcpan�with eald morlqagao �}
<br /> {+ ` �
<br /> that t hv� a�� at the dollvory h_�eof,the lawful owner 5 ol the premieea abovo conveyod and deecribed.and aY� ;
<br /> S $
<br /> 1� seizad ol a good and indeloaeible estate o!inherilance therein, lreo and clear of all encumbrancen,and that t he y will wanant and f _ . � . . ; �
<br /> 3� delond Ihe title thorelo loievor agaitul the daims and demand�ol all pe[sons whomecevoe ;� �
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<br /> PAOVIDED ALWAYS, and thia inatrumenl is ezeculed nnd deHvered to socura Ihe paymen�of thu eum o( ��
<br /> #� ltaentv-One Thousand Four !{undred and no/L00 - - - - - - - - - 21,400.00 �
<br /> noltn[e Is 1, #
<br /> ��� with[ntereet lheroon,togo�her with such chargee and advancee m may be dua and payablo la snid morlgageo under ihe tormn and #$ �
<br /> conditioae ol tha promiesory note ot even date herewith and eccured he[oby,ezetu�ed by eaid moilgagor S to eatd mortqugee,payable S�
<br /> ; ¢s ozpreesad in snid nole,and to eecuce tho pectormance ot all the tarma and coaditiom eoulained lhetain. The term� ol said note a[o 3
<br /> t 6ereby incorporated herein by thie refarenrn. � �
<br /> S t
<br /> �i II la lho i¢tention and agmemant ot t6e partiee hereto thal this mortgaqe shall also eocuro any fulurc adv¢ocen mado lo eald S
<br /> t �
<br /> T moriqagor 5 by eaid mortgagca, and any and all indebtednena in addi6on lo lho amomt a6ove stated which eaid mortqagore, or any
<br /> $� ol them, may owo to eaid mortgagee,however ovidenced whether by note,baok accou�t or othe[wiso. Thie morigage ahalt rem¢in in full
<br /> j� lorce aad ellect belween the pa:ties hereto aad thoir heire,penonal mpresentativee, eucceewro and aseigna, until all amountn se�red
<br /> ; heceuadea iafludinq lutuce advancce,are paid in lull with interee4 S
<br /> �� Tho morlgagor y heraby aesig�—to eaid mvrtgageo all reate and iarnme arie[ng at aoy and aIl timee from eaid propecty and 1F
<br /> �iS$ heceby authorizo eaid moctgagea or ita agent, at tle optioa, upon delaull,to Iake chaTge ot ea[d property and mllect all rente aad Iacome �£
<br /> Iheretwm and apply Ihe eome lo Ihe paymenl ot into[oel,principal,fnaucance premluma, !¢zea,Qeneeemanln. :epaire or imp�ovomente necoe• (t .
<br /> � eaiy lo keep eaid proparty in tenaalable condltion,or �o othar cLarqee or paymanla ptovided lor hece[n or in tha nola he�eby eecured Thie }S
<br /> f� rent asaignment shall mn4nue L�foma until lbe unpaid balanca ol nald note is lully paid. 7k�o taking ot pceaeaeion he�eunder eLall la no �
<br /> $ mamer prevunt or relard said moilqagee in tha w1lecUon ot eaid num by lo:ecloauie or otherwiae. � ,,
<br /> S� 7'ho lailure ot lhe moctqaqee lo aseert any o1 fln righlt horeundec al any timo nhall no!be rnneWed ae a waiver ol ila right lo aaeect � � �
<br /> $, the wme at any later tlme,and to imul upon aad ealo[co stiict compliance with all lho Io�me und ptuvieion� ol said nolo and ot this +� I
<br /> j3 morlgage. ��
<br /> j� !t wid mor�gagor 4 ehall cwee�o ba paid to eaid morlqagee lhe en�ire amounl dua i�heteunder,and under Iha lorme und provieiocu #i
<br /> }ft of nald note hereby�ecuced tadudiaq lutuie advmcea,and any a:lemtone oc tonewaln �hereol ln accordance wi�h the torms aad provietoas $�
<br /> t7F Ihereo(,and i!�aid morlqagor S ehall rnmply with all Ihe providone of satd note and o[thle mo�tgage,thon t6eee prenenle ehalt ba vofd; t
<br /> 7% otheiwi�e to romaia ln!ull locce and efloct and�aid mortqapee ahall be enlitled to the poe�e�eioa ol all ol eaid propeny,aad may,at ite $ �
<br /> T: opllon,declare t6e whole ol�aid note and all Indeblednee�rep�e�sateJ Ihereby to be iauaedtalely due and payablo,and may locecloeo�hia �$ � f
<br /> ,� moi�gage or lake any other legal actlon to piotect fte dght, aad from the date ol such delau4 alt (tems o[ indoblednau �ecured hereby i� ��� `
<br /> �2 e6al!draw iate�e�t at B%per annum. Appcaiaement�valved. 3 .
<br /> }j Thie morlgaqe �hall be bindlnq upon �d �hdl enure fo ths b�nelll o!!he heirs,ezecvtoi�,admint�tmtore, eucceeso�n and aaelqne o1 f� � ���r
<br /> � S� Iho re�pective parUss heroto. }jj � C
<br /> }# I21 WI7l7ES3 WXEfIEOP, sald Morqaqor 5 ha u� hereunto ■et theit tian�the dny and year li�et above �j � -
<br /> j w�rlit�e/ny/� /� � / j ~
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<br /> Ptichael Galvan �rilyn Galvan � ---
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