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<br /> � MORTGAGE�avinga and Loan Focm--(Dt[ect Crodlt PI�I 2552 (5pedd7
<br /> a� ............�...,�.�............� '
<br /> ���6-0 0 6 2 4 5 MORTGAGE
<br /> . . . � Loan No . .
<br /> frHts trmcNrtrnE,�.mQae�ti�• 27th ,,ay.,� Octobor leZ�.byanabo�we.a . 1 �. . . .
<br /> �9ARREN L. STELK AND TERRI A. STELK, husband and wife, each in his and her osan ri ht
<br /> 3 and as spouse of the other
<br /> }. ; o� H7 I I � Caunty,Nebiaaka,ae morigagor S�d Home Federal SaMnge and Loan AaaociaUoa ol Grand Ielmid, � � �� �
<br /> � � a rnrporatim�organi:ed aad abaHng under t6e law�ot Nebraska wtth f1e prindpal oilice and place ot buaineaa at Grand Id�d,Nebrwka, � �
<br /> m modgagee: � . . . - .
<br /> � WI7NESSETH: 17�at edd mortgagor S lor and in condderation ol We aum o!
<br /> ;:: ; TWENTY-SIX THOUSANO TWO HUNDRED AND NO/100 -------------------- ��Q�` �S 26,200.00 ,
<br /> � the�receipt o! which i�hereby aclmowledged do_by iheee preaenta modgago and wartcnt unto eaid mortqaqee, Ib�suxoaeon md���� . � . �
<br /> aadqne, lorever,all the tollowinq dexiibed reat ontato,eituated in the couaty ot Ha�� . � . � �
<br /> . and 6late ot Nebraika;to-wih � � � � �
<br /> x :
<br /> + LOT ELEUEN (II), BLOCK T4lENTY-TWO (22) IN UNIVERSITY PLACE, AN ADDITION TO THE CITY
<br /> c ' � OF GRAND ISLAND, HALL COUNTY, NEBRASKA
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<br /> r ;�� Toqefhcr with all heating, tightiag, and pli,mbinq eqWpment aad liztuiee,indudl¢q iloken aad bumers,naeona,awniaqs,erocmwiadewe f � � �
<br /> � - ±j aad doore,and wtndow ehades or blindi,uned on or in coaneclion with eaid properly,whether t6o eame are now locnted oa wId propezty j ' �
<br /> x _ �S or herealrer placed Wereon. fj
<br /> 5 $$$ $�
<br /> _; �� TO HAVE AND TO gOLD THE SAME,together wi�h all and einqular the tenumente,horedltuments and appu�tenances thercunlo belonq• y �
<br /> �;� ; inq,or in anywiae apperminiag.lorever,and warrwt lho ti0e lo the eame. Said mo�tqagors Lere6y covenanL_with said mnrtqagee S �
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<br /> ; Sj �ha� 1'he�_ are ��e doUvery hereol,the lawtul owner Sol tho premlae�above conveyad and deecribed,a¢d afe $
<br /> �- . � eei:ed ol a good and indeteaeible eelate o!Inherilance therein.Geo and clear ol al!entumbraneee,and fhot t�te�will warTant and �
<br /> delend the titte�hereto lorever agaiml i6e claima and demandn of all porsona whomacevor. '
<br /> , PAOVIDED ALWAYS, and tktle inalrument fa e:eculed and delivered to secu[o iho payment af�ha eum ol � �
<br /> '� T4lENTY-SIX THOUSAND TWO HUNDRED AND NO/100 ------------------ 26 200.00
<br /> ' . nollars (s ' i.
<br /> s �. wilh inte�eet t6emon,togeWer wilh nuc6 chatgea and advancea as may be due and paynblo to eaid mop9ogee undar the terms aad - .
<br /> .: condiliom ol the promissory note ot even date hecewi�h aad senued hereby.ezecuted by wid monqagor 5 to said morlgagee,payable
<br /> q; � ; ae expreaaad in eaid noto,and to eecure�ha pecformmce o!all tLe(arma aad conditloae matained �heeu[n. 7he tecwn o! eaid aoto aro
<br /> � he�eby incorpomted herein by this relorence. .
<br /> . It ie the tnleotion and agreoment ot IAc pariiea hereto t6at thla morigagc ehall aleo eonue any future advancen madn to said �
<br /> � : morlqaqor 5 by eaid modgagee, and aay and all Indebledneaa in additlon to tho amount above etated whtch eald modgaqoce,or�y
<br /> ol them. map owo to eaid mortgagoe,however ovidenced whettier by no�e,book accouat or o�ecwiae. Ttiis mortgaqe nhall remain Sa full
<br /> t lorce and eftea betweea the partlea herelo aad their heire, personal repreeentativee, nucceexn and aeelqna, uatll all mnouab eacu:ed
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<br /> S hereundcr,includiaq luture advance�,me pald!n lull wfth intoreet.
<br /> F , T6e mmtgagor_`�heroby aealq�_!o eald mortgagee all reob aad income a:fatnq at a¢p and all times lrom emd propehq aad }
<br /> . heceby authorize eaid morlqagee or Ila agenl,at 1ta option, upon dolault,to lake c6mqe ot eaid propertp and wlloct nll�enta and larnme 5pp�
<br /> x� �: t6erelrom and opply the same to the payment ol Interea6 pdadpal,Snsuraaca pcemiume,tazas,aaensemeate,repoirs or Imprwemenb neeea• ��
<br /> ,r � s¢ry lo keep aaid property in tenantable mndltion,or to olher chafqee oc paymaul�pcovlded lar ha�el¢or in the nota heraby eecured 7W�
<br /> � ' :en�aasignmenl ahall conNnue in lorce undl Ihe unpaid balana oi eaid nole is lully pald ho�aking ol poesession he�eunder ehall la no
<br /> manner preraot oc:etard iald mortgagee In tha collecNoa ol eald�ums by Imaloeure or olhenrSne. ��
<br /> �' Tho lailu�e ol lha moriqaqea lo aeeett aay o! Iti righb hcreunder al aaq t(me ahdl aot be mnaWed aa a wNvet ol iV 9ght to amert
<br /> � jt tha same at any later Ume,aad to lnatst upoa mid antotrn etrid mmpllanca wi�h all t6e lerme and pxoviNonn o! said note �d ol this f
<br /> mottgage. . .. $S
<br /> 3 }
<br /> � it wid mmtgagot��hall eause lo be paid lo wld modqaqee the enHre amouat dua It bereunder,aad under ttie terma a¢d proWdov
<br /> ot eaid nola heie6y�enued[ndudiag lutwe adv�coa,md any erieosions or �anewale thereo! In amordance�vith 1he tocma�d proviaion�
<br /> tharsof.and tl eaid moriqagor`'_e}wll eomplp with all lhe praHdoas of wid aote and ot WA mortgaga.Woa the�e preseah thall be vcld;
<br /> o�herwi�s to mmata fn lull loree md elloel,�d said mwtqagee�hall be aaHtled to ths poue�eton o!all ot eatd property,aad may,at t4
<br /> t opUon,declare ths whole oi�dd note and all ladeMedaeu tepre�ealed theiebp to bs lmmediately due md payable,and may fo�ecloae thL �,� .
<br /> fS motlqage or take aop othac legal actioa lo pzoloet 1t�rlqh4 aad trom the date ot euch dalault all Ilem�o( tndeblednau�enuad herebp � �-"�:�a�� �
<br /> ? ehall dra�v tnterert at 9t�'bC�lr�,�rmnum.- App[aLemont walred ...'N `
<br /> STWs.moct9ags ahaU be bladlnq upoo aad�bdl�nura to Ih�b�oaLl o!Ihe hdn,azecvron,admloLtraton,wc�ouon�d aaeiqna a! �
<br /> IS �he to�pective pactis�heroto. I
<br />� � IN .\NFff.AEOP, sald Mmtqaqor��^ Ve h�rounb.■�t the i r wQy�s �ye dap and yeac Ilrsl abore J �
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