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_ r -� 78- �.�O 1%�4 NI ORTGAG E ; THIS'INDENTURE. m�ds this 13th ��, of March , 19 78. by end between � ` Cecil L. Batt and Shellev R. Batt, husband and wife each in hia and her own right and as spouse of the other, � of_'�all C��ty,Nebraeka,ae mo�tgegor 8, and Grand Ialand 1'rust Company of Grand Isisad, a corporation �� organized end exiating u�er the lawe of Nebraeka with ita prinapal office end pince of buainesa at Grand Island,Nebraska,es mortgagee; . � � WITNES3ETFI: T6at said mortgagor_�—,for and in wneideratioa of the sum of . �� { FoLr ThoLsand Four Hundred Seventv Eir�ht and 12/100 - "'= "`-""�^ 4�-47$-2-2. . �4.�i[s�A 4a t�.0.�^-c.y�.�� . ). � Che receipt of which is hereby acknowledged,do�_by theae preaents mortgage aad warrant untdsafd mor'�6gbe ita aucci{leors an�eseigna, - r � forever,all Che following dmcribed real eetaue,eitueted in the County of Hal l � � � ' � � � and State of Nebraska,to-wit: � � � Lot Sixty-Five (65) and Lot Sixty-Siac (66), in Hawthorne Place, an addition to the City of Grand Island, Hall County, Nebraska, located on Part of the Northwest Quarter (NW�4) of Section Twenty-Two (22), Township Eleven (11) North, Range Nine (9j, West of the Sixth P.M. � ,�' ; TogeGher with all heating,air conditioning,Gghting,and plumbing equipment and fiztures,including screens,awninge,storm windows and � �s� . doora,ax�d window ahades or blinds,used on or in connectioa with eaid property,whether the eeme are now locsted on said property or hereafter . . : j � placed thereon. . TO HAVE AND TO HOLD THE SAME,together with all and aingular the tenementa,hereditaments and appurtenances thereunto be- � � longittg, or in aaywise eppertaining, forever, and wsrrent the title to the same. Said morgagor_S—hereby covenant—with said i �� . � mortgagee that�_hd� are ,st the delivery 6ereof,the lawful owner S of the premiaea above conveyed end described, � `` �d aTe �ized of a good end indefeasible estste of inheritance theiein,h�ee end dear of all encumbrances,and that t hd'_will - � . warrant and defend the tiUe thereto forever ageinet the claims and demands of all persons whomsoever. � � � . PROVIDED ALWAYS,end t6ie 1nsWment ie eseeuted and delivered to aecure t6e peyment of the sum of � � � �� Four Thousand Four Hundred Seventv Ei�ht and 12/100 - - -po�� 4,478.12 � with intereet t6ereon,togeC6er with such chergr�end advancee as may be due and payable W said mortgagee under the terms and conditions � � . � of the promiseory note of even date herewith and secured hereby,executed by said mortgegor�to said mortgagce,payable as expressed � � in eaid note,md W eeeuze Ehe performance of all the terms and conditiona contained therein.The terme of said note are hereby inwrporated � � hereia by thia reference. � � � � � �� It is t6e inteation ead agreement of the partiee hereto thet thie mortgage ehall also aecu:e eny futvre advances made to said mortgsgor�_ �. � � - by eaid mortgsgee,and any and ell indebtedness in addition to the amount above stated which said mortgagors,or any of them,maY owe to - eaid mortgagee,however evideaced,whether by aote,book acwunt or otherwiae.This mortgage shall remain in full force and effect between . � � the partiee hereW and their heits,peraonal representativea,succeseors aad assigns,until all amounts secuied hereunder, induding fuWre � � � � � ' � advences,are paid ia fuL'with interest. . � �. � ; The moctgegor�_heceby esaign_to said mortgegce all tents and income erising at any and all times from said property and �� � bereby authorize aeid mortgagee or ite ageat,at its option,upoa default, to teke charge of seid property and cotlect all rents end ineome � � � - ��j �� therefrom md�apply the eeme to the paymeat of intereet. Principel. ineurance premivens. tazes. aeeessmenta. repairs or improvementa � ; . . necensary to keep esid property in tenantable condiGon,or to other eharges or peyments provided for herein or in the note hereby secured.This � ` rent asaigeunent ahall continue in toice until the unpeid balence of aaid aote is fuqy paid.The teking of poesesaion hereunder shall in no manner � � G � �prevent orretard asid mo . . . '_ � rtgagee in the collection of eaid eumn by toreclosure or otherwise. The tailure of the mortgagee W assert any of ita righte hereunder at any time ahall not be construed es a waiver of its right to assert the ::�� same et any later time,and to inaiot apon end enforce strict wmpliance with ell the terms and provisions of seid note and of this mortgage. � If said martgegor g ahall cauee to be peid W seid mortgagee the entire emount due it heceunder,and under the terma and proviaions � af�aeid mte hexaby eecuxed,including tuWre advaaces,and aqy eztenaions or rnmwels thereof in accorde�e with the terms and provisions � �.. - 3 t6ereof,and if eetd mortgagor_�abaII comply with all t6e proviaiom o(said note and of thia mortgage,Lhen t6ese presents�hell be void: � � ; other�viee to remsin in fnll force and effect,and eaid mortgagee ahatl be eatitled W L6e poaemaion of all of said property,and mny,at ite opiion. � '� I .�derJare�the whole of eaid aote sad sll�indebcedneee represented thereLy to be immediately due and payable,and mey forecloee this mortgage - � ��.�� t� or�teke aqy other legel action to protect ita;ight.Appraiaement waived. . r_ _ �-� � s This mortgege ahall be biading npon ead ahell enure.W the benefit of the heirs.ezecuWro,admiaietraCors.suceeseors and asai "�:�� ; .� � reepective psrtiee.hereW. � .- gns of che � r � ' ' IN WITNE93 WHEREOF,seid Mortgegor s �S ve �.be�a� � their hend s the day and year first above ,�� 9 � ' r�+ writteri- . . .., ^j,�� � � ��l �� z � '�`�s JY r• :,'(" � . . . . . � . . . - Z.}E 1 SCC - .. � . ,QQ�. Q C�� Shelley� . att , .,,. , ,. �.__�..� „ _ � _ � � � 4 �