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<br /> MOR'IGAGE�aWnq�ond Loaa Fo+m—{DUscf Credlt�Plnn) 2552 45pedal) � �� . �
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<br /> .� t.. 76' : 006263 MORTGAGE
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<br /> . � . . . Lorm No
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<br /> � ntts tNnertruAE,maae�h+. 29th � o, October 76 �
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<br /> �5' ,19_�.by and bstweea�
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<br /> PHILIP C. SHANER AND JEANETTE 6. SHANER, husband and wife, each in his and her o��m
<br /> { ((3 right and as spouse of the other
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<br /> s k; . � o� � �ounty,Nebrmka,m mortgaqoT=,and ffoma Fedaml Smiagt�d�Loan Aaeociatlo¢o1�G�and Ieland,
<br /> jr .� a corporafion o�gaaized.�d ezistlng uade:�the law�o!Nebroika with!U priadpd olflw and placo ol bualneu at Grand Islmd Ne6raaka,
<br /> } m mortgagee;� � � �
<br /> �� 1� �'NITNESuE7H: 7hat eatd morigagor�.!or and fa mnc(deraHon of tLe�um of � � . - ;
<br /> j 3 FIFTY=FOUR TNOUSA�D AND NO/100 �--- 54 000.00 �
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<br /> � the receipt o(which ia hecaby acknowledged. do_by ihese preeenta mortgage and wmrant unlo svid mortqugea, its �uaeaeon �d
<br /> i� ��aaaiqne,1o�ever,a11 the lollowing deaatbed real eetate,utualed!a tho wuaty of Ha I I
<br /> �and State ol Nabraeka,to-wit: � � � � .
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<br /> R- LOT Tl^IENTY-SEVEN (27), IN BLOCK THREE (3), ItJ LAKE DAVIS ACRES SUBDIVISION, HALL '1 '
<br /> F S} COUNTY, N[BRASKA
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<br /> y $3 $
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<br /> s S� Toqether with a11 heatiag, llqhtlag, and plum6iag oquipment and listures.includiaq etokan and bumen,aaeenn,cwni¢gs,etoim window�
<br /> and doora,and window ehades o�blinde,uxd oa or In connection with eaid proparty,wheiher the wme are aow Ixated on eaid propertq
<br /> � �� or hereatter placed thereoa. $
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<br /> ��� ${s TO HAVE hND 70 HOLD TfiE SAME,together with all and eiaqular the tenements,heredit�eata�d appurteaaacea t6oreunto beloag• �{
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<br /> $t inq.or in anywine appertaininq,torever.¢nd wanaat tho tille to the eame. Said mortgagor S hereby covennn�.with said moriqaqeo }
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<br /> • SS �hQ�t bo� are ��e dalivery 6ereo4 the lawful owaers ot the piemiee�above coaveyed�d described,aad are s
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<br /> t +SSf seized ol a qood and[ndefeaeible entate of inheritance theraia Geo and dear ot ail encumhrancce,and that t 1ie=�w[1!warr�t�d
<br /> }, delcad thE title thereto forever againnt tbe claime and demande o[ all pernons whomeoever.
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<br /> $j PROVIDID ALWAYS, and ibis inetrumeat is executed and delivered to aocure the payme¢t o!tha sum ot �
<br /> #s F I FTY-FOUR THOUSAND APJD NO/I 00 - -�,�,�, �s 54.000.00 , �
<br /> �i wilh interesf the�eoa togelher with euch�haiqes and advancee as may be due and payablo to eaid mortgagee undor the terms and �
<br /> �: $� mnditions of tLe promiasorq note ol even date herewith and secured hereby.execvtad by amd moHgcqor 5 to eaid morlgagee,payable � �
<br /> n $3 as expreaaed in aoid aote,and to necure�he peitormance of all tho�erma and conditlona contained thoreln. The ternu ot eaid noto aro . � �
<br /> � -���, � heceby incorporated hereln by thi�roteronce. . . .
<br /> ,.: I' It ls the iatention and aqreement ol �he parties hereto that thia mortgage nhall also aecvre any lutura advaaces mada !o sald .
<br /> , $�F mortgagor S by aaid mortgagee,and any and all Sndeb�edneaa In addiHon to tho amouat above�tated which add moztg¢gora, or�y � � �
<br /> o! lhem, may owe lo eaid moriqagea however evldeaced whethar by note,bao{c accouat or other�rlee. TLi+moriqaqe�hall rematn Sa Sull �
<br /> farce and elten betweon ihe paniea hereto and thoir heir�,penonal reprenentaUvei, eucccesore and auiqua, uatil ati amounta aecu:ad
<br /> �} ��t hereunder,includlnq futuae advancee,are paSd!n fWl with interee�. � � � � �
<br /> � � The monqngor S hereby asaig¢_to eaid moriqaqen all reaU aad Iamme m'vinq at aay aad all times kom aald property�d. � ��
<br /> hareby authorize aafd mortgaqee or 3ta agent,at t�n optloe,upon delault,to take charqe o!eaid property and wllect all ren�e and lneome £
<br /> thcret�om and appiy the same to Ihe pa ent of Inlerert,prinri �
<br /> ym pal,ineu:¢ace pramiuma,tazes,aase�emupte,rep��oz improvemeob necee-
<br /> f eary fo keep aaid prope�ty In teaantnble coadltlon,or to o�hvr chmqa�or papmenL•provfded lor horeln or In the aota hereby�e�v�ed Thia � � �
<br /> �f reat aaslgnmeat shall croatiaue!a lorce ua�l !he unpaid balanee et eaid note b tully paid. The taklaq o!poaeeuioa hereuader�hall in¢o .
<br /> j manner preva¢t or�eiatd said mortqagee in the collacttoa o!said aums by toieclorure or otherwiss.
<br /> �' 7'he lallure ol the mortqagee fo eaaert�y of Ita rlgh4 Leraundat at�y tims ahall aot be comtrued a�e w�var of!V rlght to a»eH � �
<br /> � tbe eame at any later time,a¢d to imist upoa aad ealorco etria tompllance wi�h all tha terme aad provitlons o! �aid note �d o! thfs
<br /> �3. mortgaga . ,
<br /> �j II said mortgaqor_`�ahall ovuee to bo pald lo wid moctqaqee �he eatlre amount due lt 6ereunder,and under�he lerma aad pravisfon� .
<br /> t3 of emd note heieby secured lacludinq lutute adv�we,�d any ertension�m rene�d� theraol in acco�d�ee M�h � �e�ma�d pro�ttloa� � � - �
<br /> t� ihetaolr and i!wid moriqaqors:ahall wmply�vlth all the p�oviiloaa o!said nota aad o(Ihla mo[tgaqe,tben these pmeenb rhall be void: .
<br /> � T( othenvise lo romaia!a!ull force aad vHxt aad wid moriq¢qse ah¢ll be saU�led ro the pw�euioa ot aU ol wid prvpertp,m�d may,at!4
<br /> .� S•� option,de�lare the whols o1 wid nots aad all ladebtedaea represanted�ha[eby to bs Imaediateip due md paqabls,and map loreolws 1hL f •,�
<br /> -i ��� mrntgage or take aay other legd actlon to protact Ib dgh4�d from the date ol aueh detault all llema ot Indabtadaess�ecvred hsreb� � 9# '
<br /> ehall drow 3nte�est al A98 IPI�aanum. AypraLam�at wd�ed. �::M �
<br /> a <S 'thL moriqag��rhall.be btadinq.apoa.and�hall�aurs�.to ths b�oel/t ol t6e tuk�,araeumn.adminl�tzamn,�uxaasor�aad mdqna nf �� . �.
<br /> 1 $1� the ta�pseurs partlsr Lenela �
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<br /> � # IN WiitffiS.WF��OY. sald Mortqaqo� �^ Ye heceunto.ut- the�r ��+..��y��.Qyd year Slnt abo�s �. R`� �'<' ..
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<br /> $ �'"��^ " h�'-�9'�• �-=�-f"c.�-..r�_1 �
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