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<br />�� � MOR7GAGE—Savinga and Loan Form—(Dl[uet Credil�Plan) 2552 (SpedaU . � .
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<br /> : � 76-UO'7204 MORTGAGE
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<br /> ' �nt�s trmsr�ru�,maas uile I 5th ,,�,o: December .1s76 by ana nenveea I
<br /> TOWN AND COtJNTRY OF GRAND ISLAND, INC., a corporation
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<br /> o! �� Ha�� � County,Nebra�ka,ae mortqagor._.,and Fiomo Federal Savlaqe aad Lona Ansodatlo¢ol Gr�d Ialaad � � _ � .�. �,. . .
<br /> a corporation organlzod and�ar3stlng.under tbe law� ol Nebraeka wil6 Ita prindpal oliice and plaee ol bunineea at Grand[el�d Nebraaka,� . �
<br /> .ae mortgagee: .. � � . . , . �
<br /> � WITNESSETH:� Thot eaid mortqagor�tor and In coneideiatlon ol lha eum of � . � � � � �
<br /> ' THIRTY-FOUR THOUSAND FOUR HUNDRED AND NO/100 ------------------ nollu�e �5 34�A00.00 �
<br /> � �the recoip(at wh�ch�{e hereby acknowledged,do e5 6y theee preeen�s mortgaqa aod�warzant unto eaid mortgagee. ite auccessoie and � � -� . � .
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<br /> � aealgne.Iorever all tLe tollowing deettibed real eetate,aituated in tho wmty ol -� .
<br /> �and State ot Nebrmku,IawiU�� � � � . �
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<br /> THE SOUTHERL'f fORTY-TWO FEET (42�) OF LOT FORTY-FOUR (4�1) APdD ALL OF LOT FORTY-FIVE
<br /> (45) IN WEST LAWN, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
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<br /> 3t 7o ether wtih all hoatin li htin and l�mbta e meat.and li:tuios.iacludin emken and burnere,ncreena.awnin e,etorm windowe �� � �
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<br /> , f and doora,and wlndow shades or blinde,used on or In connectian with eaid pioperty,whethet tha eamu are now located on eald propeny
<br /> T, � $S oi hcreaftei placed thereon. S{< .
<br /> ���. t{ TO HAVE AND i0 HOLD THE SAME,toge�her with all and ainqular the tenomanla,heredilaments and appurten�cea thereunto beloag• <
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<br /> 1j ing,or in anywiae appertatning,foraver,and waaant�ha title to the eame. Said mortgagor_hereby covenan�wtth eaid morlgaqea j
<br /> �� � jf {ha�—1io— �S ,ut lhe detivery hcraol,the lawful awner—o!Ihe premisea abovu rnnveyed�d deeaibed,aad �S f � �
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<br /> E , +t$ eeized ol a qood and indeleosible es�alo of inharitance Iherein,fieo and clear ol all encumbmarne,and thal_he—will worruat�d } �
<br /> �_ $jt delend Ihe title thcrclo lorever agaiml�ho claimn and demands ol all persane whomsoever. t .
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<br /> S PROVIDED AGWAYS, and lhis inetrument is ozecuted and delive�ed to sacura lhe payment ot Iho aum ot_
<br /> }f THIRTY FOUR THOUSAND FOUR HUNDRED AND NO/100 - ---------------nol�a:e (5 34,400.00 �
<br /> a �. { wilh inle�est Ihermn,logclhe[ with nuth thn[gea and odvancee as may be due and payablo to amd mo�tg¢geo undor the letms ond , .
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<br /> � . i mnditiona o[ iho promissocy nole ot even date he�ewilh and aecured hereby,esecuted by eaid mortgagor—to said mongagee,payahle 1
<br /> 4� os ezpreased in eald noto,and to eecure tho pedormance ol all the tarms and tonditloat contained lherein. 7he lerta� ol enld note aro �
<br /> �. 3 hereby incorporated Lereln by ihis relacence.
<br /> % , 3SS It[a tho intentioa and aqreement ol the pa:ties heroto that this mortgage nhall alao eecuro any lulure advancee mada to eatd
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<br /> � mortqagor—by said mortgagee,and any and all inde6tednoee in addition lo tho amount above etated which aaid mortgago�s,or aay
<br /> ,� ol them. may owo to eaid mortgagae,howevar ovidenrnd whether 6y note.book account or athecwi�e. Shia mongage eholl remain in full
<br /> " fo�ce and ellecl betwoen the parties heroto and thelr heirs,pornonal repreeentativee, succeesoca aad aneiqns. until all amouats eecured
<br /> ?�. � , 2 hereunder.Including futura advmicea,uce pald in tull wttk�interee6 #
<br /> jS The mortgagor_harebp asaign_5_to eaid moriqageo all reata and inmme ariaiaq at any and all tunee lrom wid�propeNy aad Si
<br /> � �� #j heroby autho�ize eaid mortgagoa oi ile agent,at ile option, upon dofault to take charge ot aald property nnd mllect all renta aad i¢mme rT
<br /> fs �hcref�om and apply�ho eame to�he payment o7 intarenL prtadpal,ianurancs premiume.tazee,aasesameata,repaire or ImprovemenU aecan• �
<br /> ,� f� sary to keep eaid property In tennntobte condilion,o� lo olher chaiqee or paymanl�provided lor horeln or Sn the nole he[eby cecurod 17ifa
<br /> rent asniqnmem ahall continua in lorce untLL�he unpald balanae o(mid oote is lully pald. T6o taking of posaeneioa heiounder ehall in no
<br /> ;�.�. � manner prevea�or relvcd eatd moqgogee in the col�ectian ol eaid eume 6y forecloeuro oe olhenvino. �
<br /> ' The lalture ol tha mortgaqee to aeaert aay ot ita righU hecruadar at any tir.�e ehall aot be cmietruod an a waivor ol ita rlght to aexct
<br /> _ jt the same at any later time,md to ineiat upon and enlo[to euict wmpLL¢nce with all the terma and provialons o! aald aole and o! lhie j
<br /> $3 mortgage. �
<br /> �. 3fff� I7 wid mortgagor_ehall cwse to be pafd to idd mactgaqee the eatire amount due it heceunder,and under t6o to�mn and providons
<br /> �� ol eaid note hereby ae�wed includieg tuture ad�ancea,and any exteniioa�or renewal� thareol In accoidonce with the le��d providons
<br /> thereol,and ll eaid mohgaqor�_ahaA comply�vilh all Wo provtatone o!eaid note aad ot tWn mortgaqe,then theee pTeeanb ehall be oo1d:
<br /> SS, oWenvlee to remain.in!ul!(oiee aud afloc4�d�aid.mortgagee�haU�be en�ltled�o the poeneufon ot all af wid propecty,and may,at lt�
<br /> oplioa,declate tbe whole o!�afd aote and dl ladebtedaeu repreiealyd thereby lo be Immedtately dua and payablo,aod may foreclose thL . �
<br /> +: mortgaqo or take�anq�othor legal acttoa to protect 1L riqht and from the dale ot wch delaull nll ltema ol iudebtedaeu�ecuted hereby '',�._,r. �
<br />� � � . _#��. �hall draw Interea�at�IparQ aanum. AppmLnmeat walved N
<br /> . � $f 7hte modgaqa�6all 6el�bladlag upon and�hall�aun to the b�aaltt o(the hsln,ezecufon.adminlatrator�.�uma�wn and aaalqa�d � �
<br /> $S tAo reepect[va p�tin Larero.�
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<br />``' � � iN�W17NFSS Wf�HEOF, iald Morigaqor _ha 5 Lereuato �et tiQn�tbe day and year firot abo�e `'t
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<br /> a ' TOWN & �JUNTRY OF GRAIVD I SLAND, I NG �'
<br />� � ��Fr d .P4. Ja sch, Prosident
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