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<br /> MORSGAGE—Savinq�cnd Lom.Fozm—(Dtract Cred11 PImJ 255-2 (Spedap - - .
<br /> �.�M MORTCAGE
<br /> 7�S-�J07? 4.G
<br /> �No
<br /> rTti[S IN�Et�'IU�ts,made th�. I I th d�,pz December ,is 76 by�a bei..een �
<br /> DALE E. GILBERT"AND PEG6Y A. GILBERT, husband and viife each in his and her own riqht
<br /> � and as spouse of the other,
<br /> . j_ o! � Ha���� ' �ouatp,Nebcaska,ai moriqaqors and Home Fedeml Savlage and Loan Astociatloa o(Grand talaad � .- : ..
<br /> } a rnrpomfton organi:ad ned e�tiaq undor the law��of Nebraaka witb Itn priadpal oltice a¢d place o!hueineee at G�a¢d ld�d.Nabraika,
<br /> � . aa mo�tgagee: . .
<br /> WITNESSETH:� That eaid mortgagor S!ox aad in conaide�otion o(tha aum of . .
<br /> TW_ENTY SIX THOUSAPlD AND NOI100-----------------------------------„oua�� is Z6,000.00 ,
<br /> � the�mcaipt ol which ie he�eby ocicaowlodqed,�do_by theee preeen�a mortgage and warrant unto eafd modgagae. iU �uccoawn and. ... .
<br /> � aesgne,torever,ai!the lollowing dexribed real ontate, eilualed in the county of Ha�� .� . �
<br /> .. .. and 3tate ot Netiraaka.�to-wit: . � . . . .. . . . . . .
<br /> �
<br /> 3
<br /> � , 31 � � . � . .
<br /> � ,£ NORTHERLY TS�lENTY SEVEN FEET (27') OF LOT TI��ENTY EIGHT (2S) AND THE i
<br /> �
<br /> � # SOUTHERLY FORTY TWO FEET (42') OF LOT TWENTY hJltdE (29) IhJ WEST �
<br /> k �; HEIGHTS SECOND ADDITION TO THE CITY OF GRANU ISLAND, HALL COUNTY,
<br /> � fdEBRASKA. �
<br /> � + �
<br /> 4 �$
<br /> tS Togelher.with all healinq, lighltng, ¢nd pl4mbing aqu3pman� and iirturee,indudinq elokam and bumero,eaeone,uwninqe.e�oim windowa j
<br /> � S� and doocs,and wiodow ehadee or blinde,uned on or In connection with naid proporty,whether tho eama ate now located on aaid property t '
<br /> Son c�realler placed t6exeon. ��
<br /> P �
<br /> f� TO NAVE AND TO HOLD THE SAh7E,together with alt and einqular Iho tenamonte,hereditamanls wd appurteoaaces therewlo beloaq• .
<br /> : 3 f
<br /> �. . $f ing,a[in anywiee appe�laining,lorever,and wa[raat lhe lille to tho same. Soid moctqaqor 5 hereby mvemn�with said moAgaqee f ��
<br /> d �� �� thal�o� a�'e ¢t the delivory he[eol,lhe lawlul owner S ol tho p�emisen abovo conveyed and dnactibed,¢nd are $ �
<br /> a , � seized o!a gcod and inde(eaaibla eetalo ol inheritance lherein, Iree and tlear ol all encumbmncen,and Wat�e�will warrant and �
<br /> 'c �I defond the title ihereto Iorever against�ho daimn and demandn ol ull potsone whomsoevur. � . -
<br /> 3 �$
<br /> . PAOVIDED ALWAYS, and �hls inetrumem ie ozeculed and dolivernd lo eacura Ihe paymonl o!thn eum o1 tf
<br /> ; � _ TV�ENTY S I X THOUSAND AND �0/I 00---------------------------------Ta��ore l5-26,000.00 � FS
<br /> �. . �� wilh inle[eel thertron,logother with euch chaigee and odvancoe an may be duo and poyablo lo said morlqagee under the lerw and ij .
<br /> condilions ol the promiesory note af even date herewith and secured heteby,execulod by eafd morlgaqoz�to said moilgagee,pay�ble �
<br /> .,� y{3 aa eapreased in safd nolo,and to necure Ihe pedormance of all�he�erma and conditlom rontained �he:eln. 7he toimn�ot sad noto are .
<br /> ' � jt hereby incorporaled herein by Ihie:elorence.
<br /> r: 2S
<br /> y . Sfjj It ia the intention and ag�eemont of the partlee herero that t6is morigage shal! aleo eocure any lutuce advancea made io eaid
<br /> � $� mottqaqorr�..._by aatd mortqagee,and any and al! indeblednene in addilioa to tho amounl a6ove emted which said�mortqoqore, ot aay
<br /> j, ol Ihem, may owo to naid mo�tgagee,however ovideacod whether by note,boo�account or o�heix•ine. Thln mortgaqe ehall romain In lull
<br /> j lome and elted betweea the partiee hereto and thefr hetre,pereoaal repreaentativee, eucceewre and aasiqne, until all amounta eocurod
<br /> j hercundcr.(nduding luture advancee,are pald In lull with lnto�esl.
<br /> .`; ,� c
<br /> .�. � The mortgaqor=heroby aealqn_Io eald mongageo all rente and lnrnme arieinq at any and all timoe Irom eaid propeRy and
<br /> $I hereby authorixn mid mortgagne or ila aqenl,at tte optioa upon dofaulL to loke chazge o!said property and collect aU rents and inrnma ��
<br /> j therel[om and opply Ihe samo to lhe payment o!Intoreap pdndpal,Saeuronce prnmiume,In:ea,aneeenmente,repa've or improvemenle necee-
<br /> Yj j� sory to keap sald properfy in lenanlabio�rondilton,or to other cLorqee ot paymenls ptovlded loi harcin or!n Ihe nate Aemby eeauad. Thte .
<br /> f rent aasiqiunent ahall con�lnuo In lorte un�il the unpatd baian�e ol eaid no�e la lully paid. Tho taking o!posneaeion hereundec ehall in no
<br /> 3 manner prevent or�etard eaid mortqagee In tha aotlection ol aa[d eume by forecloswe or ot6erw[ee.
<br /> r
<br /> '. j Tho fatlute ol lhe modgagee to aeaett any o! f1e righle bereunder at any timo ehali not be conrirued on a walver ol i1e riqht to a�xrt
<br /> .P , #� Ihe�ame at any later time,and to imiat upon and entorco�trict compllance with aIl thu larma md proviniona ol eaid aoie and o! thia j
<br /> � roortgaqe. . $
<br /> ! 1 If eaid marlgagor 5 e1�a11 rnuee!o be paid to �md mortgaqee lhe enlite umou¢t due it hereunder.aad unde:the lo�me and proriniow
<br /> }; . � +S ol eaid note hnrebp seauad Inciuding�tutuia adranoea,and aay ezteudom nr ronewale thereol ln attro�dance with tha terma aad proHdona
<br /> . � =S Ihacoot,and if eaid mortgagor�_�Lall mmply aph all the provieione of eaid note and o!thle morlgage.thon Iheee prenenla�hnll be void:
<br /> �S otherwiee to ramain b full lotee and oilod,aad�ald mortgaqeo ahall ba enulled lo the POlMYIOD OI all of edd propeity,and may,at Ib
<br /> � s�: op�ion,daclarc�ha whole of eatd aote aad all indebtedaeu tepro�snted lhe:eby lo be Immedialely due aad payabte,and may(owclose this -, � ,
<br /> � 1 mortgago or take anp�other laqal actloa to protecl ft� rlqht, and 1rom the dale o!such default all item�o! indobledne�s �ecurcd Lereby �
<br /> � jt� e6a11 dmw Intemel at 9%per amum. AppraLomenl nalved �
<br /> 1f N
<br /> j �Th[e mortgaqe ahall be btading upon and ahalL�aure to ths b�nelll o(the heln,ezecwon,admint�tratore.�uccoaw�e�d melq�u o! `y
<br /> is� tha.ta�p«qvs partiei.heroto. � ' a
<br /> r �� IN.W[T[7ESS,WfiEREOF, aaid Mo[tqagor 5 h� Ve horeunto �e! the i r tiQa�_lhe day and year firel abore � �
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<br /> -IIale� Uf1Ter� ,
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