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<br /> MORYGAGE—Savinq� and I.oan Farm—(Dkect Cr�dlt Plm) 25&4 (Spectaq
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<br /> fIflORTG�4GE
<br /> > 76� p 0 6 3�'�
<br /> Loaa No
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<br /> �k rx[s tNn�'rtmE,maae�hi, 2nd ,�Qy o� November is�� bp md betweea
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<br /> {-':, STEPHEN,D. SCHUPPAN ANO JANIE L. SCHUPPAN, husband and wife, each in his and her own #
<br /> `� ; riaht and as soouse of the other "
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<br /> �; o� Ha�� co�nry.xBb�o,�a,an moriq¢goi S�d Homu Federal Savlaqe�d Laaa Aa�oetaLLoa ol Gtaad Ial�d,
<br /> .�a�corpomtloa organiwd.and azinNaq mdor the lawe o!NeLtmka�with iu prindpal ofHee aad piace of bwiaeu at Grand Iil�d,Nebmaka,�.
<br /> �-,� m mortqagea . . � ' t
<br /> �� $ WITNESSETH: �Thal amd morigagor 5 lor a¢d In toneideration of Ihe num of . � ��� ��
<br /> ;� � THIRTY-FOUR THOUSAND FIVE HUNDRED AND NO/100 ----------------- n„�Q�, �� 34,500.00 � • -
<br /> � 16e roceipt�ol which ie hereby aclmowledqed,do_by theee preaente mortgage and wanant unto aaid mortquqee, ite eucceason�d �
<br /> F Hali
<br /> . :-assiqne, lorever,all tha lollowiaq dexribed real eetate,aituated in the wunty ot
<br /> -and State of Neb�anka,to-wlL• � � � - �
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<br /> � LOT SEVEN (7), APdICK ACRES SECOND SUBDIVISIOPJ, IN HALL COUNTY, NEBRASKA
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<br /> � ri i ether with all hoatin li htin and 1�+m6tn e ui ment aad llrtuiee,includin alokan and humers,acrceu.awnin e,atorm windowa
<br /> .� ,S og 9. 9 9. P 9 9 P 4 4 �
<br /> � and doore,and wtndow shadea or bLnda,uaed on or in rnaaection wilh enid p�operty,w6el6er the sume are now Ixated on wid property
<br /> � on c�realter placed t6ereon. 4£
<br /> �f 70 HAVE AND TO HOLD THE SAME. toqether wiih all and atnqulaz the tenemantn.hereditamenta�d appurtenaacea Ihereuato beloag• $ .�
<br /> � � inq,or fn anywiee appertaininq,lorever,and wnrrant the tltle to the eame. Said mortgaqor S horeby rovenant—with satd moAqoqee s
<br /> � ��jI that�he�— ��P �at thc dalivery 6ereal,ihe lawful ownerS.of the premiees above mnoeyed and deacribed,a¢d are �
<br /> f$ seized ol a qood and[ndeloasible estate of inhnritance therein.lrca and clear oI all encumbrancee,and that the_`�witl wancnt�d � �
<br /> � delend the ti�le�heceto forever agaiaat the daims and demande ol all peraonn whomnocver.
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<br /> � PAOVIDED ALWAYS, md Ihis la+trumeal ie execwed and delivered to eocure the paymeat of tho aum oi
<br /> THIRTY-FOUR THOUSAP�D FIVE HUNDRED A�dD NO/100 - nauaro (5 34,500.00 � �
<br /> � = wi�h interesl theceon,togo�her with euch charges and advancee as may he dua md payabtv to aaid mortgageo mder the term.s aad
<br /> �3 conditiona of Ihe promiewry aote of even date herewith and secured hereby,e:ecvled by said mongaqor—lo aaid martqaqee,payable .
<br /> ae azptessed in aaid note,and to necuie the pertormance of all the tormn and conditioa� coatained Iheroia. 1'he tnrmn ol edd aote a�e
<br /> s, he�eby incorporated hereia by thia:aterente. ��
<br /> �r }S$S II ta ihe fntenlion and agreement ot the pa�tiea herelo Ihat thie mortqage ahall alao aecuru any luture advancee mado to eaid � �
<br /> ' fjj movtqagor S by eald morlgagee, md anp and all indeMedneae ia additioa to tho amount above etated which said motlqnqore, or my �
<br /> C �j o! �6em, ma7 owo to eaid moctgagae.6owever evidenced,whethe:by note,book account or othenviae. 7hle mortqage ehail remaia la lull � � �
<br /> f So¢o and elloct between the pnrtiea heroto aad thoir heirs. pareonnl rep[enenlativea, succenaore and caaigns. untll ail amouata aocured �
<br /> Sj harcuedet,iadudiaq luturo advaacee,are paid!a fWl with intareeL . � .
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<br /> �+t The mvztqagor�5 hereby.amiq�_to eaSd moctgagee aU ienb and income aiie[ag at any and all time�l:om eaid property��d #L
<br /> $ hareby authorize aaid moxtqogoe or i�e agen4 at Iln op4on, upon delaul4 to take ch�ge oi eald ptoperty and rnlloct ali renv�d income �i
<br /> j thmetmm and apply t6e eame lo the payment ot iatereel,pcindpai,ineuwace premiuma, ta:e�,aaae�nmenh,repmte or improvemente necee• - � . .� .
<br /> �S nary �o keep wid ptope+ty!n tenantable conditlon,or to o�her charqee or paymaota p:ovided to:here(n or fn the note he�uby eecured ThL � .
<br /> «t rent asaignment eLall coatinue in lorce untll tha unpald 6almcv ol eoid no�e ie tully pald. The lakinq ol poaeeuioa koreunder ehall Ia no � �
<br /> �T manner prevent or retard eaid morigagee in tha rnllectton of eaid eume by toreeloaure er othe:wise. �. � � �
<br /> �; The failure ol tha moriqagee to aasert�y o! Su righG hereundar at any Hme ahall aat be cweWed m a�nolver o!Iro right to aanert } � � � � �
<br /> { tLo eame at any later tlme,md lo inaint upan�d entoreo atrta compliance with d! the term� eud pcovialom of sa[d note �d oS Ihfe # � �
<br /> $� mortqage. � . .
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<br /> #j I! wid moctqagor 5 ehall cauae to be pald ro wid mortgagee Iha enti�e amouat due!t hereunder,and under the IeTma and pro�idona � �
<br /> � of eaid nole hereby eocuced,lncluding tutu=u advm�cea aad aay eztea�ioa�oz reaswala tdereot Ia accordance.mith Iha terms�d p:ovidona �
<br /> £$ therool,aad i!eaid mortgagor 5_ ehall comply wNh ali lhs pravisioa�o!sald nute and ot thf�mortqage,than lheee prcxnL ehall be void;
<br /> �� othe[wiae to remaia�la!uq 1o[u.md ellutt,aad�aid�mmtgaqes ahall ba mUiled lo lhe pameWan ol all of aaid propaay,m�d may,at It� $ � "
<br /> option,de�lare tha�vhole ot amd aote md all tndebtedaeu repre�eated thereby to be immedtately due aad payable.aad may to�ecloss thi� 4 -.4
<br /> �S mortgaqe�or take any other legal actloa to protoct fb dght �d trom the dols o!�uch detaull all Item�ot (ndeLledneu�acured haroby � ..s
<br /> {� ehall draw internt at fl%Ip��annum. Appraisament wd�ed. { .�.'�N
<br /> }f Thta moriqage �hall be bladiaq vpoa�d�hdl�mue W Ihs b�mlll o!the hslrti sxeeulon.admfalatxaton.�ucuuou aad aaeigw d F . > .
<br /> L S3 Iho reapecllv�p�tta�he[elo. $ iC
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<br /> Fj 111�YJ[TNESS_WF�AEOY.,ral Morigaqoi5 x^ `�A hereuato ut tha i r hRnd�_lhe day and yvar flret above �
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<br /> { e en cnuppan a ie L. Schuppan ��,
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