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<br /> MOR7GAGE—SaWnq� ond I.oaa Foim--(Di�ect Crsdtt�Pl� 255�2 (Spedal) � . � .
<br /> � ..�... A/10RTGAGE
<br /> 7�- �il'�3 92 �No
<br /> rrtus�rmEttru[t�,maae�. 22nd ,,m.,t December ly 76 by�a ta��o �
<br /> RONALD L Sf-0ITH AND SHARON K. St�11TH, husband and wife, each in his and her own right
<br /> S3 and a� spouse of the other
<br /> � . �� oL� � H8I I � C,ounty,Nebraeka,ai mocigagor 5 aad Homn Fedeml Saviaqa and l.oaa Aaaociatloa ol Grand Waad � � � �
<br /> � a mrporalian orgQaixed and eriatlaq�under the��lawe ot Nehranka�.ith iu prindpal etfice and place of buslaeu at Grand lA�d Ne6raika,. - � � � � � ��� -
<br /> . . . m mortgagee: . . . . �
<br /> �, �5 WITNESSETH_� That eaid mortgogor�5/or and 1¢cansideration ot the eum of � � � �. �
<br /> � ELEVEN THOUSAND NIFJE HUNOFED AND NO/100 11,900.00 ,
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<br /> � the�receipC ot w}uch le Lere6y ackaowledged, do_by those preseots mortgage and warrant unto avid mongaqee, ib aucreuori and� #t( . � . � � � �
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<br /> aaaiqm,forever,all the lollowing dexrlbed real eatate, ni�uated in tho rnunty of_ � � .
<br /> and State o!N6hraaka�to-wic -
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<br /> " LOT ELEVEN (II), BLOCK FIVt (5) IhJ KOEHLER PLACE IPJ THE CITY 0� GRAND ISLAND,
<br /> � NAL� COUNTY, NEBRASiCFi �
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<br /> 5� �. �� Sogethe: w�ith all Leatiag, lightinq, and pl�mhinq equipment and firturea.includiaq uoken aad burnen,aQeeas,awninqa,amrm windowt �Sf
<br /> �� � -: nnd doors.Qad window a�ades or blindn,uxd on or fn coaneaion with aaid pmperty,whelhet thn wme aze now Iocated on eQid propecty �_ � � - �
<br /> � � t. on c�rrstter placed fhereaa � �
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<br /> � S>� TO HhVE hND TO HOLD THE SAbSE,foqether with all and ainqular the tenemenb,hereditameats aad appurtenvncea t6ereunto beloaq� �
<br /> , ;f mg.cr in nnywine appartaiainq,lorever,aad warraa[the title to tho a¢me. Said mottqcger 5 hereby tovenaat_x�ith aaid mortqaoeo ;{ � � �
<br /> t' s� thut the�_ �fe ot the dolivery hereof,the]aw(ul owner5 0l ihe premi.ee¢bove coaveped 2 d desrtibed,and d�e ;$ � .
<br /> � $$ aeizod ol c good and indeleasi67e est¢to of ioherit¢nce t2�ercin.fteo oad clear ol all encvmbr¢acey oad t�ot t be_�L will wQaant md +� �
<br /> �� dele^d�hc title t�eteto lazever ag¢inst the claims ar.d deaands of all peraone whomsoevec �I � �
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<br /> "- S' PFOVIP£D ALWAYS, and this inetrumeat �n c:ecvted and delisered lo securu the pcyment o1 tho sum o� �$ �
<br /> ' SS ELEVEPJ THvUSAND IJINE NUhJDRED nND Iti0/100 -------------------- II,G00.0� � ��
<br /> o11arc ts
<br /> '�- fi wilh inlexeat �he+ron,toaether with auch charqes and adv�xces ae may be due c�d payn6!e to said morlq¢gee under the leraa nad ��
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<br /> " � i tonditioro ot the proaiasory aote ol even date berewith aad secured hereby,execvled by eaid moriqago[�_lo said mortgaqee,paya6le
<br /> r $f as e�iessed in sai3 aole,and to eecure Ihe pedormance oS ull ihe term� aad coaditlana toaluined theiein. The tercu ot said note are 3 .
<br /> �j hereby incorporated Lerein by thia refe:enro. �S
<br /> . S; It is the intention and ogtcement ol the perties hereto thct this ciortg¢ge ehall also accvro any lutuze odvoncee a¢da to eaid F
<br /> f$ mor�qaqor 5 by emd mortgagee,and any cnd all inde6tednese in addirion to the amount ahove stated which said rsorigagois, or anp �
<br /> al them.mep owo to eaid tnortg¢gee.however evidence3 whethor 6y note.book account ot otherwix. Thie moitgaqe shnll reeain in lull
<br /> � S� !orte and eflect between lhe partiee herero nnd theU heve, peisoml tepresmtalieee, succeasora end esaigce, vatil cll emounh senued {
<br /> � � hereunder.induding futLLe advar.cea.c:e paid ia tull with intereet. F�
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<br /> i S+ The mortqaqcr 5 hocebp aeaiqv_to xxid moNgeqeo au reau and iamme ariaiaq at¢nT aad all timee iron auid propertp 2nd St �
<br /> t hareby authorize naid aortgegee or ite agen6 at ltn oprion, upon delault.to take cLerge o!said pioperty a�d mllect eU �ents aad incoae £
<br /> +�� � 73 thcre(ivm and a ! the eame to the ment o�fn!erca4 �
<br /> . 1� PP Y Poy prindpal,ineut¢ace promiuma, lazes,aaaeasmoats,rrp¢irn or iaprorements necee• t �
<br /> I, nmy to L-eep caid ptoponp in teaaatabte mndi4oa,or to ofLer ch¢tqea or papmnnu pcovlded!or harein or in Ihe note hare6y neeured. Thia �i
<br /> $S rent aseiqnment ah¢31 coatiaue in forro un[iI the uapaid balance of aaid aote L�fully p¢id. Iha Iaking at posseasion heteuader ah¢ll in no �
<br /> �t - acaner prevent or:etard said aorlgogee ia the celloctioa ot said nums by forecloiwe or othenvine. �
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<br /> ���� f' T6e lailure a! the martgagee to aseert any of�ita:ighta heceunder at any ticio nhall aot be mmWed aa a waiver o!ita dght to aaxn f
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<br /> , $, the s¢me a!any Icter time,and to insi�t upon md eafo[ce a[rict coapllance n9th all the �erma and pcovi�ions o1 s�id note �d ol thla �
<br /> morfqage.
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<br /> $S It said mortqvqor S aLvll cmtse to ba paid fi said mortgaqee t6e enti:a vmmiat duc it he:n:nder.and under iho eerms¢ad proviaiona �
<br />, S, cf eaid notc hereby weured lacluding 3ssture ad�ancea.�d anpertenuona or renenala �hereo(fa aca�rdaaee rri�h�he teima�d pro�iaioaa
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<br /> �' � �� thereot,�d i!aaid mortqaqor S: ihall complq wlth all the pcovidoaa ol w1d aote aad oi th1�aortqage.thsn t6esa preamu eLall be void:
<br />' � ,� othenviw to remma 3a fuL leres.aad eftoc4�d nvtd mertgaqee ehall.be eatiUed to�he 11tYIOL OI UII ot said cy,ct ka
<br /> F..� P° Prcpertp.�d a {
<br /> option,�declare�he whds of said aote and all Indebtedneu repteseated thareby�o be iamedlately due and paqable,aad may lorecloee thii 3 .,1
<br /> - . �$ r+�ortqaqa o: take.�y other lagal acHon te protoct��lta rlghL aad!mm t5e da�s ol�uch delaWt all Ilem�01 inde6�edaees�eaured hereby. S • � ^t' �
<br /> �= ihall draw interea!at�%'poz aanvm. Appra3�emeat wafved. S �� � .
<br /> ' Thie mrniqnge�halt be�bindiaq�upoa aad�hall�aure to th� b�aellt o!�he hair�,executon,adminiatmtora.�uttro�pn and aWyna o! $j �
<br /> � �s �no Ta.y�,�Ya�e;�.n�mo. }� �
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<br /> f IN YJITlI£SS��YI�REOF, wid blartgaqor S h�V@ hs:eunto tet f hc'I f' �,,, 5 q
<br /> S}� �- -.. �—ths daq and pem firaf above r.
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<br />� S� Ronald L. Smith � a�n r.. �mi?�` _
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