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<br /> � MORTGAGE--Saving� and Loan Form-{Diract Ct�dit Pla� YSSR (Spec7a11 � �
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<br /> �:. 7�„ U07'1 i'l � MORTGAC9E
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<br /> ].lth December 76
<br /> � �TMS iNDENTURE,made t6�� aay ot 19_.by and b0tween. � . � .
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<br /> HELNIU7N G. t�4AUC AND MARGARET M. P9AUL, husband and wife, each in his and her own rigtit
<br /> ; and as spooso of the other
<br /> � of �Hd�( � County,Nebraaka,aa mortgvgor_3 and Nome Fodem!Savinqs and Loan Aaaociatlon of Grand Idand� - � � �
<br /> .a�cvrpormVoa oigan(:ed�and eriatinq undcr tho�lavn ot Nebtaaka with its prindpa!ofllce and placa ol budneu at Grand idm�d Nebmska. � �. � � �
<br /> an mortgagee: .� . � � . . . � -
<br /> . . WITNESSETH; That eaid mcdgaqors lor and.tn eonaidaratien oi �De aum of—__ � : . �
<br /> � `' ' EIGHTEEN THOUSAND F1VE HUNDRED A��D NO/100 --------------------- n„liai. ts 18,500.Q� ,
<br /> �ihe+eteipt of whictt is deroby ecknowkdged do_hy Iheee�preeeuti r�otiquge aud wmmnt unto�aid mortgvgee, ite��uttromon ond � � � .
<br /> � . aseiqna.tornver.�ail.the following doscribed �eal oatate,ai�uared Sn the munty ol_ H31 I - � � ,
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<br /> � ��and�Slate�ol Nebraaka,�tawit ' � � � � � � . � � �. � � .
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<br /> THE SOUTH FORTY-ONE FEET (S4i') OF I.OT N WE (9) AND TliF NORTN EIGHTEEN (N18') �
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<br /> FEET OF I.OT TE� t10), IN 6LOCK SIXTEE�J (IG), IN TfIE l4[ST VIEt+f ADDITIUN TO THE s
<br /> k �� CITY OF G�AND ISLAND, HALL COUNTY, NE6RAS!v1 �
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<br /> t .iogethc[ wilh atl hoatinq, IighUng, ond l�m6in ment and tixturo�,includin alolcen and bumcre,eaeeaa,awnin
<br /> S} p q oqWp q q4 etormwindqw�� .
<br /> and doora,and window ahadea or blindn,uaed on or�n connectian wilh said propo�ly,whelhe[Iho e¢me are now•located on nnid propa[ip
<br /> jjj� br herrniter placed t6oreoa. � �
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<br /> � ;i TO�HAV£AND TO HOLD 27iE SAME, loqethu wi�h all and eioqulac lho tenemonte,hareditamenU and apputtonmu�thereunlo bclonq-
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<br /> t;� � . '� ing.ar in anyw•iae appertointnq,lorevcr,and war�ant Iho title to tho eome. Soid monqaqor=hcroby rnvenanL—with aaid mcrtquqee i
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<br /> �' ' S lhat-.he.���re ,at ihe dopvery hcrool,�he lowlul owner_=ol the p�emi+ee abovo conveyod and donnSbed,and.`� e . . �
<br /> � f eeixed ol a qood and Indcleasible eslato of inhorilance therein.l�ea�nd clear ol all encum6mncee,and Ihat-t he.k_w-ill warrant and � � �
<br /> $ defend ihe title Ihe�elo torever aqainsl Ihe cloimn and demende of all persana whomaoevar.---_- �
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<br /> �` } PAOYIDED RLWAYS, ¢nd ihfa innl`umcal is exccwed and dopvered lo s«vm lhe payment of Ihe�um o:__
<br /> EIGHTEEN TNOUSAND FIVE HUNDRED ANL� PJO/ICO - IA,500.OU
<br /> � # non��. ts �.
<br /> �.� � { wilh inleteal the�eon.logether with wch chaigee and advanroe ea may be due ond payablo lo naid mortqaqce undor ihe terma and �
<br /> � 1 condiltona�oE iha pmmieaory nolc ol eeen date herewilh and eecv�ed he�eby.exetuted hy said moclqagor=lo amd mo�tqaqec,payeble �
<br /> : ; oe ozpreaned in aaid notv,and ta eeture Ihe pertormance o1 all Ihe torma and condiliona contained the�e(n. The ta[ma c( ndd note aro �
<br /> � ho�rby inmrpomted hcreln by �hia relorenca.
<br /> ❑Se iho intenlion and agreemenl ol thc paiticn hcreto Ihat this mottgaqe ehali alno eacvro any lutute adwncea modo lo eaid
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<br /> �, � # morlqaqc[S_bq eaid tnorlgaqee,and any and all indebtedneea in addltion to tha amount a6ove staled which eaid mottqvqota. ot any
<br /> �,�';. f� o! lhem,may owo to eaid mortqagee,however ovidencod,whe�har by nole.Gook acvunt or olhc�wiae. Th[f mortgriqe ahall tomnin in lull
<br /> ��. � lomn and ef(ea between the panfes bnmro and theln c�in, penoaal tepreeenlaUvoa. Ncceswn a�d anaiqm, until atl amauoU eecvmd
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<br /> hc�cundcr.Includinq futu�o advancee.ate psid iu full with lntcresl.
<br /> . j The mongaqor 5 horo6y am[qa.__m said mortqagco aU rente and Ineome ariainq.at any and all dmse Irom eald propenr md
<br /> 3 hareby authoii:e eald mortgaqee or ite agent. al Ite optioa upon dolaul4 to Iake chazqe ol eoid pioperty and mllen all rent�ond income �
<br /> 3 �hcroltom and appiy Iho namo Io!he paymmt ot interesl,prindpal,tnaurance prnmium�, laze�,aaseumente, repaitt or improvementa neeon
<br /> j eary to koep wid pmporty in tennnlable mndition,oc to olhcr charqce o�{wqmenla pmvided lor ho�cin or in tho nole herahy�rtcured. ThL
<br /> �- rent aesfgnment ehall mnLLeuo in lorce until the unpaid 6alance ot eaid nota b fully paid. Tho tating ol poneenaion herovoder ehnll In no
<br /> ��. � �{ manner preveal o:rotard said morlqogee in ihe colloclion ol eaid aume hy lo+eclwuro o:olherwt�e.
<br /> �� - } 7'ho tailurn ol Iho mac�qagce.1o�,nuec�any ol ib rigLla heceundec at aup�imo�hall not bc mnetrucd ae a wcivcr ol its�ight to a�sect
<br /> ? $t Iho wme al anq Ia1er time,and lo inaiel upoa and enlorco�tric!mmpliaace with ali �he lerme and provialonn ol eaid note nnd o! thla
<br /> 3 mottqaqe.
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<br /> $�. If aaid moclqagor S ehal! muee lo bo paid lo�aid mo�tqaqeo the on�iro amount duc!i 6ereunder.and under the terme and proridon�
<br /> �� Sf� ol wid aote horehy�ecurod Ineludinp luture adrm�es.and anpezteoaion�ot ronevral� Iharcof in accerdaaee w(th the lomu and p:oridam
<br /> t�� � 2� ihoreol,and i!eaid moriqaqor S- ehal!comply with aLL the proddone ol wld note and o!thta mottqaqe,thon theao p�esenb ehall 6e�old;
<br /> f othonriae to mmaSa in!ull(om and efloct,ead�atd moctqaqw�hall be aotiUed to tho pouewlon ol all ol�aald proport�,and may,at Iti
<br /> � 'f option.dadarc the whola o1 sald nole and aU tndebtodnw reproe�nted IherebT io be Immediatelp dua and payabie.and may lorocloae thla
<br /> �� mor�gaqe�or mka anp ether loqal acttoa ro�pmtoct ft:ri9ht, and�irom the date ol euch delaull all Ilem�ol Indebte�ineu �ecurcd horebp
<br /> � �S �hall dmw lntereel at$�pqr„nmum. AppmSeement wahed. .
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<br /> Thi�mor�qaqs�haU be bindlap upon md�6all�nutt to Ih� b�naNt ol Ihe hde�,ezeeulon,adminLtmton.�ucceason and aaalqw ot
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<br /> L �� tho re.pecuw pn:lie�hcroto. I �'
<br /> I� - IN�R'(7IiFS,4 OF, w!d Mortqagor�.�a �'e hereunto ��t "hhc:I� �¢ad=tDa day and ycar fint abova #
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<br /> M t Helmuth G. 61auI ' � —1'��rna ef7". `�
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