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<br /> � �. MOAiGAGE�avfags and Loaa Fo�—IDiraet Credlt Plml 2555 (Spectall � � � � � � . � . �
<br /> �...w.. MORTG�►GE
<br /> .76- OU65"13
<br /> Loan No
<br /> . I � TH[S IND£NfUAE, made thl. I Zth doy al NOVEtrIbEt' � 19 76 by m�d behveen . � � . .
<br /> ROBERT �. SCHNUELLE AND SARA J. SCHNUELLE, fiusband and wife; each in his and hor own
<br /> 3 riqht and as spouse of the other
<br /> �i . ol� � Ha�� County,Nebraaka,aa morlgagor S and Home Fedemi Savl¢gs and Loaa AseociaUon o!Gcand Ieland� � � �
<br /> � . a mrporadon organized.��and etiatlng under tbe IQW9 ef Nebiaaka�wiW Ils principal olflce and ploce ol buainesa at GranOlel�d Neb�aaka. ' - . � .� � -. .
<br /> 4`� m moctgagee7 . . . . . � � � . . .. � � - . , .
<br /> WlTNESSETH: That eaid mortgugor 5!or md In cronaidatation of Iho eum ot � - � � �� � .
<br /> ; FORTY-FIVE THOUSAND ANO N0/100 ----------------------------------ouara �S 45�000.00 �
<br /> i .� Ihe�recaipt ol�which fa�hereby a�knowledqed,.do_by thoae preeents�mortgago aud wmranl unlo said mortgagee, ila eucceeaon nnd . � . - . .�
<br /> aanigne, lorever,all the lollowing deecribed real entate, Ntua�ed In Iha munty ol Ha�� � � .�. � �
<br /> `� �- and 6tate of Nebrmka:Io-wi1: . . . . ... . � . . � � . . � ..
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<br /> LOT T�^IENTY-THREE (23), IN BLOCK TWO (2l, IN REPLAT Of RIVERSIDE ACRES, AN ADDITION•.
<br /> : TO THE CITY OF GRAND ISLAND, NEBRASKA ACCORDING TO THE RECORDED PLAT THEREOF
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<br /> � '� �3 Togelher with all hoating, lighting, and pl�.m6ing oquipment and ifxturee,includlnq�iokan and burnere.eaeene,awdnge,etormwtndown �
<br /> and doom,and window nhadee or bllnde,ueed on or tn connectioa wilh anSd propecty,whether tba eame are now located on eoid property ���
<br /> F ' fi on c�:ealler placed the�eon. � � . �
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<br /> # TO HAVE AND 70 HOLD 7'kkiE SAME, togeiher with all and sinqular thn�enemeute,hecedliamanta and appurtenaacee theraunto lxloaq-
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<br /> � � ing,or in anywiae appndoin(nq,torover,and warraat Ihe Ulle to tho eame. Said moctqagor 5 hereby wvenant_—with eaid mortgagee. . _
<br /> j S �ha� t h�_y a re a��he doUvery hereoi,tha lawtul owner S of the p�eminae above conveyed and doacribed,and a re �
<br /> faal:ed o!a good and indeleaeible eetale ol inhedtance therein,fieo and clear ot all encumbrancee,and that t�e_�will wacrant�d � � �
<br /> t delond the title Ihorelo lorever agaimt tha claime and demands ol all porsone whomeoever.
<br /> � PAOVIDED ALWAYS, and this inalmment ia ezecuted and delive�ed to sxura tha paymant o!tha eum ol �. - .. � - �
<br /> �, � fORTY-FIVE THOUSAND AND NO/100 ----------------------------- 45,000.00
<br /> nollncs (� t,
<br /> �, wllh intereet�hercron.togolher with euch chaiges and advaacoa an may be due and payahlo lo aaid morigageo undor the wrma and �
<br /> condiliona of tho prominsory oote ol ovoo data berawith and secuied heraby,exeNled by aaid moitgaqors to eaid mo�tgaqee.payable
<br /> �' � � ; ae ezpres+ed in aai3 note,and to eecure Ihe pedormanco of all the lorma and condi6om co¢tained lhorein. The totma of said note are . .
<br /> y �' � heceby inco�poraled herein by this relerenco.
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<br /> � fS It le t6v 3nlenlion and agceament ol Ihe pac�iea herato Ihat this mortqage ahaU d±o eecuro anp luture advancen mado !o eaid �
<br /> � morlqagor 5 by eaid moctgaqea,and any and all Indebtednom !n addilioa to lho amomt above stated whlch nafd mortgaqora,oc any
<br /> of them. may own io eaid mortgaqee,howevor evidenced whether by note,baok ocrnunt or otherwlae. Thin mortgaga ehall remain In lull
<br /> lorco and elfect belween the partiea hemto and thoir heire,.poreonal ropreaemalivea, eucceaeora and msigm. unGl all amounv eoeured�
<br /> hereunder.Inctuding lulura advmcee,are paid i¢lull with intereeL �
<br /> �'. t$� The mortgagor ` haieby anaign_to eaid mortgaqta all ranle esd Inmme arieiaq at aay aad ali tlmae irom said property aad S
<br /> '�� $ herehy authoti:e said morlgagee or ite agent at iW option,upon dotoult,to lake charge ol eafd property and wtic+ct all rente aad tnrome 3
<br /> "� j 16c�olrom and apply the aamo l0 16c poymenl ot intarest,principal,ineutance premium�,taze�,Qeeeeemente, repaii�or ImprovemenU aocee•
<br /> � � j� nory to kcep eu(d propo�ly in tenanlable coadltion.or to o�her chorqes or paymenb ptovided lot hereln or in�he nota beleby�ea�md. Thie
<br /> $ rent aaeiqnmenl ehull contlnue In loice until the uapaid balanee ol eald nole ie lully paid. Tho Inking ot poaee�eia¢he�aundee aLal]tn ao
<br /> 3 manner.prevent or retard eaid mortgagee In the.mlloclloa ol safd eumn by forecloiure or othe�wiea.
<br /> j= T6o lailuro ol the moctgagee to�aax�t aap ol ile righb herauada�at any lime eLall aot bc mnalrued an a waiver o(ib iigh!to msert
<br /> � $j tha same at any later 6me,md to lnalet upon aad e¢lorco eMct wmpllance with all Ihe lorme aad piovieiooe o! eaid note and o! t61a f
<br /> j� monqoqe. $
<br /> I! eatd modgagor S�ehaU cauee lo be paid lo �aid mottqaqoe the ent4e amovat due!f he�eundeq aad mdet the torms and provteioa� �
<br /> � ot eatd aote.hereby tecwed includinq 4uturo adraaten,and any esteaslom or rene�vaL therao! tu accardance wilh lha tecmi�d ptorLiom
<br /> �� theceof,.ead H.said martgaqor� �_Sehall.comply with all Ihe pcovidon�o!�afd nole md ol thl�motlgage,lhen 16no pres oV�hall be roid; -
<br /> =I� o�herwise lo iamWu�la:ull lo=ceand e8ott,and wid mortqaq�s.eholl be eati�bd to the poue�eton ol all ot eaid props�ty,md may,al[ti �
<br /> S ��optlon.dodare�the shols ol wtd nole and ali (ndebledaeu tapre�sated thereby to be Immediaiely due aad paya6le.and map torocione this .,,l.� _
<br /> jf mortqago or take aaq�other logal actlon.�to protact fL dqht,�d lrom�lhe�dale ol�uch delault ali itemi ol indebtedneu�ecu+ad heceby • �
<br /> t�. ahall draw inlereel at 8�'9<�'c um. Aypmfeement walved. ' . .�N .
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<br /> Thie�mortqaqe �haU be��dlag upoa and �hall mure b Iha�b�neltt ot Ihe hetn.executot�,adminktrataie,tuccs�wn aad metqm o( a
<br /> _�I � Iho ie�peclivs.parltM Letelo. . . . . . . �
<br />' � �$ IN� �:WfiEREO �wid Moriqaqo�_ha Ve heieunto �at the i r tim�s tho day and yvar fiut abore n
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<br />� Robert E. Schnuel le ��5ar��c'�e e � �
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