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<br /> .78-., U01��0 MORTGAGE
<br /> � TFII3 INDENTURE. made thie 23� day ot March , 19 �8. by and between �
<br /> Roaer A. Gade and' Karen A. Gade, husband and wife, each in his and her own right and as
<br /> spouse of the other, _
<br /> of �a�-1 County,Nebraska,es mortgagor S ,and Grend Ieland Truet Company of Grand Island, a corporation - . � �
<br /> organized end ez'uting�under the lawa of Nebraska with ita principel�offee and place of buainesa aC Graad Ielas�d, Nebraske,an mortgagee: � . � � .
<br /> ��, W I'TNESSETH: That aeid mortgagor 3 ,for and in eoneideration of the sum ot � � � �� -
<br /> $;ix Th�ss&�nd Six FL�ndred Fifteen and no/100 — — — — — — — _ �pg�►��-F. �6"fi�15p'OO�f �
<br /> the receipt o[which is hereki ecknowled ' � � �. . ...
<br /> y ged,do_by theae presents mortgege and warrant unto seid mortgegee�i'ts eucoeesore�and aasigna,
<br /> forever,a1!the followiag described rea]estate,situated in the County of Hal l � � .
<br /> aad 3Lete of Nebrmks.to•wi6: . . .
<br /> An Acre Tract of land located in the Southeast Corner of the South Half (S'-f) of Section
<br /> Eleven (11), Township Twelve (12) North, Range Ten (10) , West of the Sixth (6th) P.M.,
<br /> in Hall County, Nebraska, more particularly described as follows: Commencing at the
<br /> Southeast (SE) corner of said Section Eleven (11), running thence North, along and
<br /> upon the East side of said Section Eleven (11), a distance of 1�ro Hundred Eight and
<br /> Seventy-Five Hundredths Feet (208.75'), running thence West and parallel with the South
<br /> side of said Section Eleven (11), a distance of Ttao Hundred Eight and Seventy-Five
<br /> Hundredths Feet (208.75'), running thence South and parallel with the East side of said
<br /> Section Eleven (11), a distance of Two Hundred Eight and Seventy-Five Hundreths Feet
<br /> (208.75'), running thence East, along and upon the South side of said Section Eleven (11),
<br /> a distance of Two Hundred Eight and Seventy-Five Hundredths Feet (208.75'), to the
<br /> point of beginning.
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<br /> �.� Together with ell heating,air coaditioniag.6ghting,and plumbing equipment and fixturea,including screens,awaings,storm windowa and �� � -
<br /> ��doora,and window shades or blindn,used on or in connection with eaid propeRy,whether the aeme are now loceted on said property or hen�fter �� -
<br /> _-placed thereon. . ...
<br /> �:} � TO HAVE AND TO HOLD THE SAME,Logether with all end singular the teaemenW,hereditaments and appurtenances thereunto be- ��
<br /> {
<br /> �longing, or in mywioe apperteining, forever, and warrant the title W the same. Said morgagor�hereby covemnt—with said � �
<br /> .mortgagee that�_hsy are ,at the delivery 6ereof,the lawful owner S of the premiaes above conveyed and deacribed, , � �
<br /> ead gre seized of a good nad indefeesibte eatate of inheritance therein,free aad dear of all encumbrances,and that�he�wili � . � .� �
<br /> warrent and defend the title thereto forever againat the claims and demends of all persona whomsoever. . �
<br /> PROVIDED ALWAYS,and thia inatrument is�ecuted and delivered to secure the payment of the sum of � .
<br /> _Six Thousand Six Hundred Fifteen and no/100 — — — — — — —pall8��g 6.615.00 �,
<br /> �. 1 with interest thereon,together with auch charges and advences as mey be due and peyable to said mortgagee under the terms and mnditions � �
<br /> of the promiseory note of even date bexewith and secured hereby,executed by seid mortgagor_S_to seid mortgagee,payable as expressed �. � .
<br /> ��� in eaid note,and W aecure the performmce of ell the termn end conditiona contained therein.The terms of said note are hereby inwrporated � �
<br /> heiein by this reference. . � .
<br /> IL ie the intentioa and agreement of the pertiee hereto thnt thin mortgege ehell also secure eny future advances made to said mortgagor_S— � � � . .
<br /> by naid mortgagee,sod my and all indebtedness in addition to the amount above atated which said mortgagors,or any of them,may owe to �
<br /> said mortgegee,Lowever evidenced,whether by note.book accounC or otherwise.T4is mortgege shall remain in full force and effect becween � . ��
<br /> the pertiea hereto and their heixs,persona!reptesentstives,succesaors and assigna,until all amounts secured hereunder, including future � � � �
<br /> advancee,ere pnid in fuL'with intereat. . . . ��
<br /> ��i The mortgagor_S_hereby assign_to said mortgagce all xents and income ariaing at any and all tixnes from seid property and � �� �
<br /> .'�i hereby aut6orize said mortgagee or ite agent,at ite option,upon default,to teke charge of said property end collect ell rents and i�uome � . . � . �
<br /> �'.r � ���thereh�om end apply�the�eeme to the peyment of interest. Principal. ineurance p'emiuma,taxee. asaessmenta. xepairs or improvementa . � .
<br /> ��:��.:� neeeaeary W keep eaid property in tenantable condition,or W other charges or payments provided for herein or in the note hereby secured.This � . � � -.
<br /> rent eeaignment shall continue in fo�ce until the unpaid balence of said aote ie fully paid.The telting of poasesaion hereunder shall in no manner� � ,�, � .
<br /> ' �, ..:.:prevmY or.retard.eaid�mortgegee 1n the collectioa of eaid eume by.forecloeure�or otherwiee. . � � . .
<br /> , j The failure�of the mortgagee to aseert any of iW rights he�under at any time ahall not be coastrued as a weiver of its right to essert the � . � .�
<br /> eame at any Lter time,�end to insint upon and enforee atrid complianee wiWa aU the terms and provisiom of eaid note and of this mortgege. �� � � ��
<br /> . If said morCgagor 8 ehall cauee to be paid to eaid tnortgagee the entire emount due it hereunder,and under the terms end provisions � �
<br /> �:-�.'. � . o[eeid note hereby eecured,intluding[uWre advancea,and any axtenaions or renewals thereof in aceordance with the terms and provisions . � .. ..-.;���.�
<br /> . �� th�eof,end ff�aaid mortgegor�_ehall comply with all the pmvisiona of eaid note and of this mortgage,then cheae preaents ehall be void; � � .�
<br /> otherwiee W remain ta ffill torce ead e�fect,and eaid mortgagee ahall be entiCled to t6e poesesaion of all of seid property,and may,at its opLion, � � � �
<br /> ,s.. . �declare t6e whole of eai.d note end all indebtedneee mpreaeated thereby to be immediately due and payable.and may foreclose this mortgage .
<br /> j �or.Cake my oth�:legal acCion to protect ita_right.Apptaieement weived. . - �
<br /> { Thie mortgege ahell be binding npon e�ehell eaure.W the benefiL of the he'va,executors,edministraWre,aueceseors and meigna of the � - ?
<br /> reepective partiee_heteto... �'` "y �
<br /> i� .. . . � . � . �:.� . . �� . .. � - - . �. ,
<br /> -��I,N WITNE33�YHEREOF,eaid Mortgagor$.�ba 3z�hereunto aet heral � che day and year first above �.' t,
<br /> wrltcen. � � �- . . '.. . . '
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