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<br /> MORTGAGE—Savinge and Loan Farm—lDtroct Cwdlt Plm) 255•2 (Specfap
<br /> ,�:.4"y.N 7fr ���r �. MORTG�►GE
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<br /> �,:�I; THIS INDEN'fURE, made 16!• 3rd day aL S�P���entb�r .19 7C�,by and botween � ., �
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<br /> JIMMIE J. NEWI_UN AND JFAN NEI��LUN, husband and wife, each in his and her own riaht
<br /> 3 and ds spouse of the other
<br /> ot__ ����� County,Nebrmka,m mortqagor-,and Home Fodoral 6avinge and I.oan Amodatfon al Grand lelm�d. � . .
<br /> a corpow�ion o�ganlxed and e:ietluq under tha law� of Nabcaaka wlth lle prindpal oftico and placo of buetneee at Goand Iniaad,Nebmeka, . � �
<br /> ae mortgogoe: � .
<br /> : WITNESSETH: Thal eaid mortgagor�tor md in connldaratlon ol Iho eum of � � �
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<br /> ' II�LBIY-ONE THOUSANU AIJD NO/I 00 --- --------------- notlo�e IS ��r 000.00 �
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<br /> �he racelpt ol whic6 le horoby acicnawlodged, do—by theee preeante motlgaqe aud warmnt un�o eaid modgagee, ita euccenaore md �� - ��
<br /> asaigne, torovar,all �he lollowing deacribed real enlato,xituatod in tha county ol HCl�� �� . �
<br /> and State of Nobrmka,lo•wit: �� .
<br /> The North f=orty-Seven (47) Feet of Lot Five (5), in Block Seven (7), in t'Jest Park
<br /> Addition to the Ciiy of Grand Island, Nebraska, and a lract of land lyiny �lorth and $
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<br /> i adjacent thereto, formerly beina a part of Plest I?_th Street of said City, more S#
<br /> ; particularly descrioed as follows: Beginning al the IJortheast Corner of Lot Five (`�),
<br /> ' Block Seven (7), �'lest Park Atldition to the City of Grand Island, Ilebr,]ska ; running ;
<br /> s � tnence West on the P�orfh line oi said Lot Five (5), � distance of One hundred thirYy- �1
<br /> S� two (132) Feet to the Morth��est Corner of said Lot Five (�); ('unninq tiience (4orth on ��
<br /> � a prolongation of hhe �9est line of said Lor Five (5), a distance oi Twenty-Eight (?9) �
<br /> feet; Running thence East parallel io mhe Pdorth line of �aid Loi Five (5), a distance �;
<br /> uf One Hundred Thirfy-Two (13?_) feet; Runniny thence �outh on a prolonyation of 1'he East `�
<br /> line of said Lot Five (5J, a distance of Twenty-eight (28) feet to the fdortheast Corner �S
<br /> � of said Lot Five (5), beina tne point of beainning. $$
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<br /> 3 Togothcr with all hoating. Itghting, and plambinq equipmon! and ll:tume,induding ntokere and bumcre,sacens,awninga,atorm windowe $j
<br /> S ¢nd doors,and window ahades or blindn,uxd on or In connection with eald pzoper�y,whother tha eame ato now located on wid ptoparty $j
<br /> �i on c�realtci placed thareon. �.
<br /> t TO HAVE AND TO HOLD TffE SAhSE, toqether with all and ainqulac tho tenemonls,6ereditameate and appurtenaacee lhereunlo belong� $; �
<br /> $$ ing,or in anywiec appertaininq,foreve�,and warranl Ihe tille to lho name. Said moitqagor �=hereby covenanl_with said mortgaqeo j�
<br /> �' tt�at t ho� `�re at Ihe delivery he�oal,Ihe lawlul owner-ot the p�emieea abovo conveyod and desciibed,and `�re $� �
<br /> �£ seized al Q good ond indcleasiblo estate o!inheritance thcrein, treo and dear o!all encumhrancea,and�h¢t t ho ��will warrant and $s
<br /> $ detond�he lille Ihemlo lorever againri iho claims and demands of all persans whomsocver.
<br /> x � PAOVIDED ALWAYS, and Ihis inslrument is executed ond deliveted to secme the payment of Iho aum c! +j
<br /> $ THIRTY-OfJE THOUSAidD ANO F;0/100 -------------------------------- i1,000.00 $;
<br /> j __ nollors (5 ). Si
<br /> 2t wilh inlcrent the�eon, togolher wilh auth cha:qee nnd advancea as may be duo and paya6lo lo safd mongogco undor the terms and y�
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<br /> condilions al lho promiesory aote of even dafa herewilh and accured heroby,e=eculed by eaid mo:tqaqor=to eaid mortgagoc,puyahle ��
<br />'i � 3 ❑s ezpresaod in eaid aote,mid to secure�he perlormance ol all tho torma md cooditiom contained Ihecoln. 'Ihe tesmn ol eaid noto are j
<br /> �� hereby incorpomted he:ein by thie refarenco. f
<br /> j Il is lho(ntenlion and ag[eemenl of Ihe parties herelo Ihat thie mortqaqe ahall atso eecura any tuturc advantee mado to naid �
<br /> i - � mo�tqagor—by naid mortgagee, and cny aad all mdebtednnea ln ¢ddllion to tho amount above etatod which eaid morigaqore, o[ any f�
<br /> ot ihem,may owo to eaid mortgaqoe,howevo: uvidenced, whethor by ootc.book attounl or othcrwiso. Thin mortqage nhall remain tn full ��
<br /> lorce and elfect between Ihe parties h�mto and their heite, porsoml representvtives, auce:eeeore and essigae, u�til all emounts eecured �S
<br /> hemuodcr.includinq tutum advancen,arc paid in lull with(ntereaL �i
<br /> 7he moclgago�5 horehy asalg�to said mortgaqee all rente and tncome ariainq at any and all limee lrom said property and i}
<br /> � horeby authorizo eaid moclqagoe or ils agent,at Ila oplio�, upon dalaull,lo lake chQege of eQid prope:ty and collect all rente and t¢tomo ��
<br /> F Ihc�cl�om and vpply the samo lo Ihc payment ol Inleroa6 pdnapal,ineuianca premlumn, taxo�.assessmoats, repaire or impmvamenls aecon- �
<br /> Stt w�y to keep said proporly in tenanlable condltion,or to other chazqee o�paymoota provlded tor herein or in the nolo hereby eecured. Thla $i
<br /> �� reot aseiqnment s6a11 contiauo tn fozce uatil tho un�xild 6¢lance of eaid note ie fully paSd. Tho takinq of posseosion heteunder ehall in no
<br /> mannor prevent or tetaxd�aid mortg¢gee in tho m1lecUon o1 eatd nuum by lorecloeuro or ot6erwieo. ;i
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<br /> � The IaUuto ol t6e moclqageo lo asaerl any ol Ile righte LeceunSoi ut any timo ehall¢ot be tonntrued aa a�vaivet o1 Its right t¢aesert Sj
<br /> ;i Iho eame at any later time,and to inaiel upun¢nd ealorto strlcl rnmplionce wilh all tho �erme and provisions ot said noto and of Ihis �
<br /> � morigago. S$
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<br /> f 11 eaid mortqaqor=ehall cwae to ba paid lo sald motigaqee tho antiro¢mount duo ll hereunder,and under lho mrmn and provinlons �
<br /> £ of said note ha�eby eacuted,includiag tututo advoncee,and uny extomione or renawale t6ereo2 In acmrdanca with the torma aad ptovielani j
<br /> �S� thn[oof,and if aatd mortqagvr S ehall mmply wtlh all Iha proviatone o!eald note and o!tht�mortgago,thon iheeo preeents ehall be void: �Sj
<br /> j olherwieo to remain!n lull lo�ce and a11ocL and eaid morlgageo ehall be ontitled lo the poeae�elon al all ol said proporty,and may,at its j
<br /> S� oplion,declare the whote o(eaid aoto and all Indebledneu reprc�ented lhoroby lo be Immedlataly due and payoblo,and muy lo:edoao Ilve il . ��
<br /> � mortgago or take any other lagal action lo prolocl 11e right, �d 1rom t6a d¢te o!euch detaul�all iteme of Indobtedae�a �ecured herehy �� ,; !�.� '
<br /> �� aholl draw Intaceat at�.,°S(pi r�aanum. Appraieement walved. i . `N
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<br /> 'fhie morlgago ihall be bindlag upon and ahaq anuro lo Ihs b�nellt ol the h�tr�,ezeculors,admfnlalratocs, wcce�eoce and malqns o! � .�
<br /> _�.'� S$ iho roepoctive pa�ue�hereto. , I tr
<br /> # IN WI7t7ESS Wf�AEOF, wld Mortqaqor �a��hoxeunro �et t-h�i r hnad—tho day and ycar liret above { "� ''Y �
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<br /> � � J immie J. New un� �J�enn ��ew un � ���
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