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<br /> 7s,-(}00 891 MORTGAGE
<br /> ( : TFIIs`INDENTURE. mads CLis Ilth , dny ot: Februarv , la 78 , by'and between ,
<br /> >I Ravmond R. Kostman and Kara L. Kostman, tiusband and wife, each`in `his and her own right ,. , ' ;:
<br /> , and as spouse of the other, �
<br /> of � �11 County,Nebraeka, ae mortgagor s ,end Grand Island Truat Company of Grand Island,a corporation � .
<br /> . o�ganized and ezisting under the lawa of Nebraeka wlt6 its principal offiee and place of buaineea at�Grnnd Ieland, Nebraska,ns mortgagee; �
<br /> � W ITNESSETH:. That eaid mortgagor g ,for end in coneideration of tLe eum of �� � . .
<br /> *****Ten Thousand Ten and no/100***** -�����" �,
<br /> . -,a^r.-. . .
<br /> . the receipt of which ie hereby acknowledged,do_by these presents mortgage and warrant unW ia'ieTd� aite sac r d asaigns. �
<br /> .�..saa?��'._ �sau,. . .
<br /> forever,elt the following deecribed real eetate,situated in the County of Ha���Y � - . .
<br /> and State of Nebraeks,to-wit: � �
<br /> Lot One (1�, except the North Eighty—Five Feet (85') thereof, and the East
<br /> Twenty—Five Feet (25') of Lot Two (2), Except the North Eighty—Five Feet (85')
<br /> thereof, in Block Four (4), in "Dodd and Marshall's Addition" to the Village of
<br /> Wood River, Hall County, Nebraska. �'
<br /> .et;-
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<br /> "'��. - �. y ..
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<br /> � ���� Together wlth all heating,air conditioning,lighting,and plumbing equipment and Cucturea,including eereens,ewaings,atorm windowe and.
<br /> �j� �� �- dooro,snd window ehaden or blinds,uaed on or in connection with said property,whether the same are now locaced on said property or hereefter ,
<br /> { pisced chereon.
<br /> ;� �„,TO HAVE AND TO HOLD THE SAME,together wit6 ell and singular t6e tenemeats,hereditaments and appurtenaacea t6ereuato be- � .
<br /> tongiog, or in anywine appertaining, forever, and warrant the title to the same. Said morgagor�_hereby eovenant_with said �
<br /> mortgegee that__z he T �zL(� ,at t6e delivery hereof,the lswful owner�—of the premises ebove eonveyed and described. �
<br /> "; and aeized of a good end indefeasible eatete of inheritance thereia,free and clear of ell eneumbrances,end that_he_will � �
<br /> ��� wanmt e�defend tbe tltle thereW forever � � �
<br /> against tbe clauas and demands of all peraone whomsoever.
<br /> . PR.OVIDED ALWAYS,and thia inetrument ie�ecuted end delivered W secure the payment of the aum of . �
<br /> { *****Ten Thousand Ten and no/100***** ����a 10_010.00 �,
<br /> w�ith iate�eet t6ereon,toget6er with auch charges and ndvances as may be due and payable to seid mortgagee under the tercns and conditions . - � -
<br /> � of the pzomieaory note o[eveu date herewith end secvred hereby,executed by said mortgagor s to eaid mortgegce.payable as expressed � .� �
<br /> . -t in eeid note,end to secure the performence of all the terme and eonditiona contained therein_The terms of said aote are heeeby ineorporeted � � � �
<br /> �,�. {�� hecein by this eeference. . . .. .
<br /> IC ie t6e intention and sgreement of the pertiee herew that thie mortgege ahall elno aecure any future advancea made to eaid mortgagor� ..
<br /> by naid moitgagee,aad any sad all indebtednesa in addition to the amount ebove ateted whic},eaid mor[gagora,oz any of them,may owe to ��. . �
<br /> �� seid moetgagee,however evidenced,whether by oote,book accouat or otherwise.Thie mortgage ahall remain in full foree end effect between - � � .. .
<br /> the pertiee hereW and their heire,persoml repreeentativee. successors and msigns,until all amounts secuced hereunder, including future � - �
<br /> advancee.are paid in full with intereat. � . . .
<br /> � 'fhe mortgagor $ he�eby maign_to said mortgagee all rents and income arising et any and all times trom eaid prope�ty end � �� . _ �
<br /> 1�reby aut6orize eaid mortgegee or ita egeat,at its option, upon default,to take charge of seld ptoperty and collect all rents and income , . . �
<br /> ���i ..:�th�efrom end epply�the eame�W tha�PeYmecrt�of iatereet. PrinciPel. iaeurance premiume. tazea. aseeeammW. repeas or impravements � . � .
<br /> necmeary to keep eeid pmperty in teneatable coaditioa,or W ot6er chergea or paymenW provided far heicin or in the no[e hereby secured.Thin � � ,
<br /> eent maignment ehell continue in foree until the unpaid balenoe of eaid note ie fully paid.The talcing of posaeeeion hereunder shall in no manner � . � �
<br /> ;�� -:prevmt..or�reterd sefd�.mortgegee in.We collection of eaid eume by forecloeuze.ocotherwiae.. . . . . . . .. : . .
<br /> _...�. . . . . .
<br /> The tailute�of the mortgagee to asemt any of its rig6te heieunder at any tune ahell not be conetzued as a wniver of its right to aesert the - � �
<br /> : �� � same at any IeteF time,and W inaint upon and enforce strict compliaace witb all the terms and pmvisioae of aaid note and of this mortgage. � �
<br /> . � If esid mortgagor �S ahall cause W be paid to eaid mortgagee the eatire amwnt due it hereunder,and under ihe terms and provieions , � � . � � .
<br /> of eaid mte Leesby exmed.inelud3ng tutvia edvanees,and aay eztensions or renewaln the�of in amordance with the terms end proviaions
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<br /> � t6ereof,and if�esid mortgagor_�eball eomp2y with all the provisiona of eaid note and of this mortgage, then these pr+eaente ahall be void: � � s
<br /> ,�� �. oEherwise W remein in tull force and eKecC.and seid mortgegee�nhell be entiUed W the poaeeesion of ell of eaid PropercY.end may.et its option, � . -�
<br /> - + � declare the whole of ee"sd mte a�ell iadebtedaesn reeeated che:eb W ba immediatel dne md able,and ma toneclose th3s mo e e � "��" � ' �
<br /> :.�7 . +'eP Y Y PeY Y �'�B 8 : _,.r_—�;..: -
<br /> or talce any.other legd setlon to�Protect ita.:right.F+PPraieement�weived. �. .
<br /> � � . t m . � . . . . . ,� ''v, �` .
<br /> �. Thie mortgege e6a11 be binding:upon aqd ahall enure.W the beaefit of.the he3re.�ecutora.adminiatratore.avecesaors and essgns oP the �• • �. .
<br /> ,,� �..e p�b�: _ J ;.>
<br /> ' -:��IN WIINESS 4QHEREOF,eaul Mort'gagor��_ha�L�hereunto set their - 6end�_the day and year��first above � �::
<br /> � waitten. . . . .. .. � � .. ����
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