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<br /> �s--�, t�U[��69 MORTGAGE
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<br /> 1 THI8::INDEN7URE. made tids lst , , 'da of February 78 � '3�
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<br /> ,�� � . . , � Y : . -.�19._. by��and between . � _:: �'
<br /> ''''D�Yaae='Z: �Ph3113vs` and Caibl�A:`Phillins ' huaband and wife, each-in his and he= awn �
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<br /> '�.� �agt,� and as soouse of the other . . - '
<br /> � Hall.
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<br /> � Co�mty,Nebreeka,ae mortgegor�_,and Grend Ialand Truat Company of Grand Ieland, a corporation '�
<br /> '° orgnnized snd"e�dsting�under the laws of"Nebrenka witl�ite pr3ncipal ofSce aud place of bunineea at Grand Island..Nebreaka,an mohgagee• ., -�':'���
<br /> � WITNES3ETH: .That eaid martgegor H .for and in coasideration of the aum of � . . . � ..
<br /> ***TWELVE THOUSAND TER AND NO lOOTHS*** Da��g 12�:010.00 �. ��
<br /> . We receipt of w6ich ie hereby aclmowledged,do_by thrae presents mortgage md werrant unto said mortgagee,�ita�aucceaeo's.and eeeigns. F.+'�
<br /> � forever,ell tt�e followiag dmcribed real estete,aituated in Che County of Hal l �'�
<br /> ,�.� � end State of Nebraska,to•wit:
<br /> �' Lot Eight (8) in Block Seven (7) in West Park Addition to the City of ��
<br /> � Grand Island, Hall County, Nebraska.
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<br /> p.} Together with all�heating.air coaditioaing.►ighting.and plumbing equipment and futurea.including xreens.ewninga.atorm windowa and '. y` .��+"�
<br /> � .dooee;and window ehades or blinde,veed oa or in connection with said property,whether the same are now located on said property or hermfter �.�s��
<br /> plaeed Lheeean�. . � . ,a.
<br /> �� �_TO HAVE AND�TO HOLD THE SAME,to t6er wit6 all md ei `}
<br /> Sa ngular the tenemeate,hereditaments end appurtenances thereunto be- 3y
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<br /> longu�g, or m anyw�se apperta�mng, forever, and warrent the title to the eame. Seid morgagor 8 hereby covenant_with seid � � ���
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<br /> '�9, mortBeBee that t he3� are ,at the delivery hereof,the lawtul ownex$ of the preminee above conveyed and deecribed, -' ;�
<br /> �# . �and 8re neized of a good and indefeanible eatate of inheritance therein,free and cleer of all encumbrancea, and thet t�he�will �
<br /> �� werrmt and de[end the title there W�forever egainet the claima md demanda of all persons whomsoever.
<br /> .# PROVIDED ALWAYS,and thin inatrument ie eaecuted end delivered to secure t6e pnyment of the aum of
<br /> *** Twelve Thousand Ten and No 100ths**� ��a��$ 12,010.00 �
<br /> .with interest theteon,together with aucb cAarges and advancea ae may be due and payable to said mortgegee uader the terms and conditions .
<br /> of Lhe pmmineory aote of evea date heeewith and aecured hereby,ezecuted by said mortgsgor.�to said mortgagee,payable as expeeased �
<br /> in naid note,ead W necure t6e performance of all the ternu end coadltioas contained therein-The tezms of aeid note are he�eby incorporated �
<br /> � herein�by this ref�ence.
<br /> ? It is the intentioa and eigeeemeat of the erties hereto that thie mort �
<br /> P gage aheL eleo aecure eny future edvaacea made W said moRgagorg_
<br /> ' by eaid mortgagee,and any md all iadebtednma in additioa W the amount above steted whic}�said mortgegors,or any of them,may owe to
<br /> ,� .� sald mortgagee,however evidenced,whether by note,book account or otherwiae.Thia mortgage sheLL remain in full force aad effect between � � . .
<br /> ,'�• � the partiee hareto md their 6elra,pernoml repiesentatives,aucceseors and asaigns,until all amounts secured hereunder, inctuding future �
<br /> .� � mdvanoea.are paid in fv11 witb interest. . . .
<br /> ..r .. . The mortgagor g hereb �� .
<br /> y aeaign_to said mortgagee all rente aad income arieing at aay aad all timee from said property and
<br /> � 6ereby wthorize said mortgagee or ite ageat,at ite optlon,upon default,to take charge of eaid property and collect ell rents and income
<br /> 'Checetrom sad��'ePP1Y�the`same�to the payment of iatereet. PriaoiPsi..ineurenee premiume. t�ee: asseasmenta. iepaira or improvements
<br /> �enry to keep eaid property in tenantable condition,or W other cbarges m paymwts provided for herein or in the note hereby aecured.This .
<br /> t renC eseignment eheL contiaue ia foree untit the unpnid balence af eaid aote ie fully paid.The tak�n of ��
<br /> � , ' g poeaession haeunder shall in no manner . , . ,;
<br /> 1,;._:P��mt or raf,ard:ssid�.:mortgagee;in.the:collectioa.of said�aume.by forectosu;e�.otherwiea . ..__...
<br /> T6e failu�of t!�mort8agee to saeert my of ite righta hereundas at any time ehell aot be rnnetrued ae e waiver of its right to esaert the
<br /> :,� �;eame et any Istaetime;�aod�W ineiet upoa md enforce aCrict complisace with all t6e terms ead provieiona of.naid note end of thie mortgage. �� _ .
<br /> •� If eaid moetgagurg.. ehell canae to be psid to eaid mortgagea Lhe entire emount due it hereunder,and�under the terma ead provisions �
<br /> ' of eaid no►e 6�eby seaued.Including future advancee.and aay erztenaione or reaewale theveof in axordance with the terms and provisions . - . �
<br /> i� thareof,sad if asid mortgagos�,B__ahaD comply wlth aII the eoviaionn of enid note end of�thie�ort �� � � ��
<br /> P gage.then t6eae preaeata�nhall be void: � :; ;
<br /> e., `"' ot�eew3ee W ramsin ia tull.tom and effeet.and asid mortgagee"ehall be eatitled W the:poeaeesioa of'all of said P+�P�Y,and may.eE its option, - . :.� :�,,. �,�: ,.:.
<br /> ' declere the wliolsof esid aote and all iadebtedaeea repeeeanted thereb to.be immedk � .. -�� .�:
<br /> y tely tlue and pnyable;and may forecloee this.mortgage .. �-�-:-� �
<br /> or teke�aay otbar��legal.action W peotect ita rig6t.�APPraieement�.waived.;;.. . ' � . . . � . P.�,..
<br /> This mortgage eheII be bioding Lpon e�ehall enure to the 6ene8E of the heirn.e�cecutore.edmSnietratora.evcoeseon and assigns of the � � ��' � :
<br /> # reePedive pae'tledhereto: :�� ..� ; ... " . : ,� � �qqY�
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<br /> IN:WIT[�TESB WHEIiEOF,seid MorFgego�fl_'haYE—heeeunto aet_Lh`i+ir�� ��h�end �� day and year�first�above . . g. .
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<br /> �� Caro1 A. Phillips ��
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