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<br /> - MOR7GAGE-Savingt and Loaa Foim-(M[eet Credll Plm) 255•2 (Spedal) � �
<br /> � � MORTGAGE
<br /> � # 76- 005'748 �
<br /> ,1 . . . . � � � � Lom No
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<br /> l,� � TfiIB iNDEtiTUHE;made l6f• � 3�th a,,,,,f. September � � ,�ls 76 by�d betweea -
<br /> (� GARYcW. CORNCLIUS AND LINDA FA. CORNELIUS husband and wife, each in his and her own � -
<br /> .�d. � � . . . �
<br /> „� 3 right and as spouse of the other, f
<br /> 1�
<br /> �
<br /> �� � o� �� Ha�I County,Nebrmka,m modgagor 5 and Homo Fedeml 3avinge aad Loan Aaeodatfon ot Graad Idvad� � � � _
<br /> ��
<br /> a corporat�on otgaNxed and exintlng undar tke lawe ot Nebraeka wlth lls priadpal.aGtca cmd place ol buninees at Grand Iel�d,Nehraekc, �'�
<br /> ;� .m mo�tgagee: . . . .
<br /> t� . WITNFSSEYH:� That eafd mortgagor S� loi and!a tomiderattoa ol the eum ot .
<br /> �"� THIRTY-SIX THOUSAND [IGHT HUNDRED AND NO/100----------- „ 36,800.00 �, �" � � '
<br /> �' -----------
<br /> ,� oUare (S " -
<br /> Ktt'.� the recelpt ol wlilch ia hereby ackno�vledged, d��_by thena presenla mortqage and w�ranl�unlo smd morigagee, lta�aueeeeson �d ��
<br /> �'�:3 aesiqne,torever,all the(oUowinq doaeribed real cetate,dtua�od in tho munty o! �ia l� � . �
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<br /> �Yd" md State o1 Nobraika,to-wih . . . . . ;
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<br /> +�'� A CERTAIIJ PART OF THE SOUTHEAST QUARTER (SE4) OF SECTION l, IN TOWNSHIP II '
<br /> ��� IdORTH, RANGE 10 WEST OF THE 6TH P.M., ��10RE PARTICULARLY DESCRIBED A5 FOLLOI��S: �
<br /> ,��� BEGINNING AT A POINT ON THE EAST LINE OF THE SEs OF SAID SECTION, WHICH POINT
<br /> � ,� � IS 359.5 FEET SOUTH OF THE NORTHEAST CORNER OF SAID SECTION, RUNNIIJG THENCE ;
<br /> �.4 ' SOUTH ALONG THE EAST LINE OF THE SOUTHEAST QUARTER OF SAID SECTION I, 109.9 s
<br /> � FEET, THENCE WEST PARALLEL TO THE SOUTH LINE OF SAID SOUTHEAST QUARTER OF SAID � �,
<br /> ? SECTION 285.0 FEET, RUNNING THENCE NORTH PARALLEL TO THE EAST LINE OF SAID �� �
<br /> SOUTHEAST QUARTER OF SAID SECTIOIJ I, 193.2 F[ET, TO A POINT ON THE SOUTH '
<br /> �J RIGHT OF WAY LINE OF STATE HIGH4IAY N0. 2, RUNNING THENCE SOUTI-fEASTERLY F
<br /> � ALOtdG THE SOUTH RIGHT OF 4lAY LINE OF STATE HIGHWAY P�6. 2, 298.0 FEET, TO THE �
<br /> ` `a ACTUAL POINT OF BEGINNING, CONTAIfJING .99 ACRE, h10RE OR LESS. �
<br /> ��� �
<br /> ;i�
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<br /> c�;" oq g, g g, p q quipment and lizturea.Including etokon�d humen,acreens,awdnqa,etorw wt¢dow� .
<br /> t3� 7 ether with all heattn li htiu and lumbin e
<br /> � �� md doon,aad window ahadea or hlinda,used ou or in connecHoa with emd prope[ty,whelhet tLe name are now located on aatd property �
<br /> �' { or horeatler placed thareon.
<br /> n� } < t
<br /> Ya $ TO HAVE AND TO HOLD TF�SAME,together wilh all ax�d einqular the tenemeate,heredilameaG and eppurten�ces lberemto beloaq- -
<br /> ,'� Ing,or fn anywlae apperiaiNaq,forever.and warrvat the tltle to the eama. Said mortgaqor S heceby rnve¢an�with aaid morigaqoo �
<br /> ,1t� thal_�e.�_ a�e at the dallvery hereo(,lha lawtul owner�ot tho premtnoa abova mnveyod m�d deecribad aad a�P �
<br /> :
<br /> £ neized ol a good and indeloasibte ealate o(icik�arit�ce therein,Iree and clear of vll eacumbraacee,aad that t he�wIll wacrant�d
<br /> defuad the tltle the�eto lorever again�t tha daimn and deman3e of all peraona whomeoavar. � �
<br /> �(
<br /> � PROVID£D ALWAYS, and thla lnetrument fa eseaited and dellvered to eccure the payment o(tho eum o�
<br /> � THIRTY SIX THOUSAND EIGHT HUIJDRED /VdD NO/100--------------------fiou�a (s��.800.00 � ; �'
<br /> :,
<br /> �. wilh Intereet Iheroon,togethe� with auch chaiqee and advancoe aa may ba due and payablo to eaid mortgageo under the lezmn aad �
<br /> :�
<br /> �, coaditloaa o! the prom[esory aote of even dala herowith and aecurod hecebq,ezecutad by edd mortgaqox 5 to eafd mwlgagee,payable �
<br /> # ae esp:eeeed in said note,and to eecu�e the pedocmaaca of all 1he torma md condiUoua co¢tained iho[a1n. The termn of eald aole aro
<br /> he:eby Incorporated herein by tLL relocence. � � ,
<br /> .::5 It le the Inleutlon aad agreoment ot tLe partlea heroto t6at this mortgage ahall also aecure any luture advaacea mado lo wid � ��
<br /> mortqagor 5 by eatd mortqaqee,and any and all indebtedneee in addiHoa to the�ount above statod whSch eald maAgagors,�ar aay � -
<br /> o! them,map owa to eald mortgagoe,however evldenced wkethar by note,book account or otherwiae. ThL�morigage eholl remaia ia full .�.. �. . �
<br /> larce aad eflect betwoen the parHee horeto and their heire,pereonal rapreeentuUvea, euccesaoce and aaalqo�, uaW all amouuln eocuzad .
<br /> hereuader,In�luding luhue advancea,�e paid in tull with t¢tereeL � � � � � ,.
<br /> ',� The morlqagor�_hamby ane(gn_to eaid mortqageo all rente and iarnme arieiag at aap �d all timee !mm sald pzopestp aad � � . � .
<br /> haraby wthodze said martgagee or Ile age¢t,al lU optlon,upon dolaul4 to tnka charge ol aatd pcoperty aad collact all mats aad(ntome £ �
<br /> therolrom and apply the eame to Ihe paymenl o!Iate�anp pnlndpal,lnaurance prem(ums,tazo�,aaee�asenU,repair�or improvemenV aocoa• . . � �. �
<br /> eary to keep wld pwparty 1n tenaalable coaditloa,or to o�hez cha:gea or paymonh provided!or hemin or in the aate horoby xcured. Thte � � � . . . � .
<br /> � rent aaalgnmoat ahaU continue in lorce uatil the unpaid balance o!eaid note Is lully pald. The takinq of ponsemlon hereunder ehail ia no � � � � ... ..�. .
<br /> �:! mamer preveat or retard�ald mortgagee In tbe wlloctioa o!eald sumn hy loreeloeuro or otherwfee. - � � . � .
<br /> ��;-� � T6e lntlure of tho morigaqea�(o weert�y o( Stn dghte hareundar at�p timo ehall not be oonntrued as a�vaivet o!it�dght to aeae�t � � � � . �
<br /> t the eame at any later time,aad!o tnal�t upon aad enlo[ce etrla!mmpHa¢ce �vith aU the larme and provlelom ol eaid note �d o! thls . � � � - ..
<br /> mortgage. . � . .. . . .
<br /> II eafd moriqagor S ehall cauee to be pafd to �a1d morigagee the entlre amount due It heieunder,md under the lorms aad proviatona � � � � ��
<br /> o!eafd aota hereby secuied iacludinq iumre advanooe,and anp eztemlon� or mae�vale thereof la accordance with the torma and providona � _ � � � �
<br /> thereol.�d ll wid madgagor_��hnll cumply�vUh all!he provfalone o!eaid aols and o!tLfs mortgage,then theae preeenV ehall be void: . � � � . �
<br /> � t olhorwi�e to remain la tull lotee and elfecl,and�aid mo�iqaqee ehall be entltled to ths po�aeulan o!all oE add proporty,�d may,at!ts � � .
<br /> �7 � aptlon,declare tho whole o(wid no�e aad all iadobledmu repce�enled thembp ro be lmmedlatvly due and papable,aad muy(orecloae thL � �
<br /> S morlgage or iake anp other legai actlon to proloct fle dgh4 and lrom tLe date o(euch detault all t�eme ol Indobtednees�ecuied hore6y � i„*,�,..
<br /> r ', � eholl drmv Inteiest at 9%per eanum, Appraliemeat�vai�ed. . . ,�' �
<br /> .� ThL mortgaqe.�hall ba bindlnq upon and rhall�anuro to th�1»¢el4 0!Ihe hsln,ezsnilon,adminl�tcatore,�uccsuore and auiqw d � ��N `�
<br /> the re�pecliv�partln hereto. }
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<br /> � IN WI WF�RECF, wld�Mortgaqor 5 ha Ve 6ereunto �et the i r w�ds �e day and year Ilut above � tiy �
<br /> S tviltten. �` ' �J ' . ' � .
<br /> J ltGl,:..._.—, �(� -,� .L.rJ �r �c r��..-, �
<br /> Gary W. rne ius Linda M. Cornelius ,
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