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<br /> i�. �� MOA7GAGE—SaWnge and l.oaa Form—(Dl�eet Credll Plan):265•2 (3padal) _ . �
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<br /> �� ��......�..�. �MORTGAGE
<br /> � 76- Q�,56?4 ;:
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<br /> �+ � 7H1S�-.INUENT[JAE,maao+w.-�. �29th � � �,.,,..oF� Se�tember� � � is�z..ny�aaabe�woen �
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<br /> � OELMAR:L. GARRELTS AND MONA A. GARRELTS, husband and wife, AND RfCHARD S. CAVENEE
<br /> '�' 3 AND COLLEEN.M. CAVENEE, husband and wife, each in his and her own right and as spouse s
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<br /> n� of the other
<br /> j� � ot ' � �����Na�� - � �� rouary,Neb[mka,m�moriqaqor-5 and FTomo Federal Savlaqa and I.oan Aawdatlon ot Grrmd lelaad
<br /> .G�� a corpordtlon organized�d e�attag�uader ihe laws oI Nebrmka with lU priadpal oltice and plaee of bwlaeee at Grand Islmd,Nebrmka, -
<br /> .;� . m modgagea: � � . � . .. .
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<br /> WI?NESSETH: That eald mortgagor�,loz and tn toanlderation of tho eum ot �. � "'
<br /> ' FORTY THOUSAND EIGHT HUNDRED AND NO/100 ----------------------- 40,800.�0 �
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<br /> nollare (S
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<br /> � the rernipt�o!�wh(ch la hero6y acknowledged,do_by iheee preeente mortgage aad wmrant uuto eaid mortqagee, ita eucteasore and
<br /> Y�. am[gm.lo:ever,all the lollowiag deacribod real wtote,eitualed�in the countp ol H�I I
<br /> and St¢te ot Ne6raeka,to-wit:��
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<br /> •� � LOT EIGHT (8) IN BLOCK SIXTY-EIGHT (68) IN THE ORIGINAL T04JN, NOW CITY OF GRAND ISLAND,
<br /> ;� HALL COUNTY, NEBRASKA PLATTED AND SUR`/EYED.
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<br /> � �fSoget6er with all hoaHnq, lighting, m�d plumbSaq eqWpmeat a¢d fistvcoa,indudiag atoken and burnece.saeenn,awninqe,erormwindovra S
<br /> t and dooro,and window ehaden or blinde,uaed on oz ia comection mith eaid propa:ty,whother the same aro aow located oa aaid pcoparty j
<br /> � S on c�reafter placod thereon. �fS
<br /> TO HAVE AND TO HOLD THE SAME,logether with all �d eiagular tho tenemonta,Leredilamentn and appurienmces thereunto belong t?
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<br /> ?' I¢q.or In anywiee appartainiag,torever,and wanaat the Htle to the eame. Said mo:tqagor 5 hereby covenanf—_with aaid martgaqee �S
<br /> 3 j are ��
<br /> .� . �ho�-�la� are at lhe dalivery hereot,tha lawlul owner Sot Iho preWeee abovo conveyed and dceaibed,aad
<br /> °� j seized ot a good and indnleaniblo eetata o!inhnritaare the:ein,Ireo and dear ot all encumbrancee,and that-1�a_�wiil wan�t�d
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<br /> j defond the title thareto forever agaia�t tho claima and demanda d all poraone whomaoevac ��
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<br /> 1 PROVIDED ALWAYS, aad th[a inatrument is azecurod and deliveced to aocura the payment ot tho aum o�
<br /> �� FORTY THOUSAND EIGHT HUNDRED AhdD PJO/100 -------------------- 40,800.00
<br /> nollarn (5 �,.
<br /> �Z wtth intnceat the�mn,together with euch chaTgee and advancoe aa moy bo due and payable to eaid mo�tgogeo undor the tetma aad
<br /> � coadillam ot the p:ominwry nola of even dato 6erewith aad aeeurad heieby,executed by said mortqagor S to eald mortgagea,payable
<br /> �� � aa ezpresaed fn eaid note,and lo emue the perfo�mance ot all tho tormn and coaditiom contained the:etn. The termn ol caid note a:e
<br /> _^;� hereby incorporated he[ein by thin:elereace.
<br /> '� Il ie tho ialention and agreeme¢t ol the partien herelo that thie morlgage ehall deo eacuro aay luhue advancee mado to sald -
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<br /> ";a mortqagor_S._by said morlgagee,and my and nll lndebtedneea i¢add[Hon to tLe amounl abave atated whicL eald mo:tgagora, oc�y � �
<br /> .d � of them,may owo to eaid morigagee,however evldencud whethor hy aote,book accouat or o�herwiae. Thia morigaqo eLall:amaia ia Sull
<br /> fo�ce and eftact between Ihe partiea hereto �d thotr heirn, poreonal cep�eeentativee, eucceaaors and aaaigne, unW all amounh eeeured
<br /> iY $
<br /> horcunder,indudiaq Iuhua advanoee.�e pald ia full with InteresL
<br /> . � T6e mortgagor 5 hnroby aeaig�_to eaid mortgagee all renU and Income aTieiaq at any aad all times Icom aaid properiy�d
<br /> � hc�eby authodze emd moctgaqae or ila agca4 at lla opfioa upoa detaul6 lo taka ch�ge ol eatd property and rnllecl all rente and Snrnme ��
<br /> therolcom and apply the eamu to lhe paymmt ot latocos6 prindpal,ineu:ance pmmiuma,t�e�,maueements,repdie or Improvemenfn nerna-
<br /> ''a sary to Iceep aaid propedY iu teaaniable rnnditloa,oz to othar cLa:gae or paymanb p�ovided!or herela or in tho noto hereby eecured. Thle �- �.
<br /> �� $ Tent asniqnmeot ehall conLLaue in force uaGl the unpaid balanee ot ea(d aolo fe tully pald 'Iho takinq n!poaseaeioo hemunder ehall(a ao . - �
<br /> ;2- $ mannor pcevent ar retatd aaid mortqagee la the toliection.ol naid aumn by torecloauio or otherwfaa � . .
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<br /> + }� The lafliue ot the mortgagee to.caseri aap o! !ta rlghb heteuader at any time ahall aot be cronsWed m a waivnr ot ita dght to aieen �
<br /> . $S tho name at any latec time,md to Imist.vyon.�d en(orrn suict crompliaaco with aU the tarmn aad p�ovioions o( eaid notu and ot thL� j
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<br /> $ II eaid moctqagor S ehall cavae to ba patd to natd morigagee tho emire amovat due 1t heieunder,and v¢der the�Bim!Qdfi p[09IfI0Ol � .
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<br /> ol eaid aote heiehp eecv+ed.lndudinq tutuio advaacee,md any eriemiom.or reaewale themol In acco:daaca with 1he lorm� �d provieioai � . � �
<br /> -� thereol,and fl�aid mortqaqor 5 thall comply�alth all the provktone ol eald no�a and o!tl�L morigage.tLon theee pmeenb ehdl be vold: - �� �
<br /> . S otherwise�to:emain In lull lome aad.elfoct.�d.aid mortgagee ehall be entlued to lhe poaeeeeloa ol all ot eald proporty,and may,at 1W . >
<br /> optton,doelme the whole o!wid note and all ladebledneu repre�ented tberehy to be imsedlately due aad payable,aad may loceclose thie
<br /> ' � � mo��gage or take mip othar leqal�actioe to protxt!ta right.�d lrom lhe date o(eurh delaull all llems.ot Indobledaeu.�en�red hereby ,� �*e,� + '.
<br /> i� � ehall dr¢w Inlecert al�Jnl pes aaaum..AppraLamaat salved. . - � ��,
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<br /> " t � 7hie�mottqaqe.ihall be�hlndlnq upon aed�hall�nure to lhs bomlll o!the h�tn.execvton.admlaintralen,�ucee�eon aad mdqas o! � -.��
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<br /> � � Iho re�peclirs.pa[tip he[eto. . . ..
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<br /> W TNFSS {NFiEAEOF..aatd Mostqaqor. hereunto �et aa tho day�and year llcet above � �'.
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<br /> ' # 1 n�fo a 1� aG rre f�s Co I I een h1. Cavenee
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