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<br /> t �s�c�is�s nnoRT�,AGE ,,,
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<br /> THI3 �NDENTURE. mads ehls 20th " _dey of March_ . , 19 78'by end beiween �-' r �9�
<br /> � �`Ksnnet�`H SchmidC and Phy3lis C.` Schmidt, h�band and wife, each in his and her � , �`}�
<br /> �� x �t
<br /> � f, <, A � . _ . ._
<br /> t ''own =ight and as spouse of'the other, , ` �,
<br /> "�i of . �8.11 ConnEy,Nebraelca.ae mortgpgo;.g,.._—.and Graad Ieland Truet Compaay of,Graad Ieland. a corporation ����' „�:�. �:'' � �
<br /> ^� orgaaized and enetiug.uad�the lawe of Nebneka with'ite pefncipal oS'ice and plece at buaineea at Gzand Ieland,Nebreaka,ae mortgagee: s � �`
<br /> ! WITNFSSETH: That eaid mortgagor.,�._,for and in conaideratioa of t6e sum of . � r f{�;:
<br /> .� ***Seven Thousand Tea asnd No/100ths*** ���a 7_,�JIO.00 � ' ��
<br /> �t the meipt of which le hereb acimow do_b theae preseate mort and wsaeat unto seid mo�� � . .�.. �°��� ���'� ��
<br /> .t Y� .. �8�. Y 6H8a rt8e8ee.its.eucceeeors and assigna, s r.',
<br /> - fo�ver,all the followiag deecribed rea!estate,aituated in the Ccrunty of F�al l � � �� � � _ _ x ;.
<br /> end$tate of Nebraeka,to-wit: � � � ` ?t
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<br /> �� � � �
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<br /> � Lot Six (6) and the rlesterly Twenty-four and four r.enths (24_4) + �^n
<br /> � feet of Lot Eight (8) in Block (Tne C1), in Claussen Country Vieca ' r `'r M'�5,;
<br /> 3 Adclitic�n to the City of. Grand Is2and, Hall County, Nebraska. � 1 ��,�,,
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<br /> � ;�`a�
<br /> �7,� ���
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<br /> T1
<br /> $ '� x�.
<br /> , � +
<br /> 2 a��.
<br /> , 5��.
<br /> '- � �. y�$$�f
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<br /> .9 ,+" �::. '. .. . f � ��
<br /> 'fpgether vrlth ell heating,air wnditioaing,lig6ttng,end plumbing equipment and futures,i�cluding screens,awninga,atorm windows end � �' ; � ; K .
<br /> ,z dnors.ead window ehades or 613nde.ased on or in connection with said PropertY.whet6er the same are now located on seid property or hereefter r r �5 +`p�v��y�:
<br /> 3p p�eced eherean..' .. , ,� � `� Y
<br /> �1 "'����TO HAVE AND TO HOLD THE SAME.Wgether with nll and singular the tenements,hereditamenW and appurtemnces thercvnw be- 4 �k�^��.,,
<br /> longing.-or ia anywine appertaining, forever, end werrant the title to the eame. Said mozgegor S hereby eovenant_with said � �
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<br /> .� . ... . . . . � rf i e
<br /> mortgagee Chat M� 3t are ,at the delivery 6ereof,the lawful owner S of the piemisea abwe conveyed and deaeribed. �' " .
<br /> ���.ate ��of a good aad indefeeeible eetate of inhezitance therein,free and cleas of all encumbrances,and that_Lbe�Lwill �` ' ���
<br /> � , werrent and defend the title thereto forever against the dalms and demanda of all pernons whomscever. =`
<br /> K.
<br /> � .�PROV IDED ALWAYS,and Ehie inntrumeat ie�ecuted end delivexed to secure t6e payment of the aum of � �' -��
<br /> _ ***Seven Thousand Ten and No/lOOths*** ���y 7_010.00 �, �' , F
<br /> � - with intereet Lhereon,Wgether wlth auch c6argee and advancea ae may be due�snd payable to said mortgegee under the terms md conditions �-��
<br /> ,•� �of the promieeory aote of�even date herawith and secuxed hereby,ezecuted by snid mortgagor_�co said mortgagee,payeble as expressed
<br /> � _ .. in�ssid.note,and W eecure the p�foTmence of ell the terma md conditioae wntained Lherein.The terms of seid.note are hereby incorporeted � � x�
<br /> � ��heceia by t6ie ref�enee. +.
<br /> � ` ,�
<br /> It ie the mtention md agreemeat of the perties hereto thet thie morcgege ehall also aecure eny future adveneea msde W eeid mortgagor� r
<br /> j .by:eald�mortgagee,md aay and all indebtednesa in addition to the amount above etsted whicF,naid mortgagoro,or any of them,may owe to ;'�
<br /> i �aeid mortgagee,howevu evidenced,whether by note,baok account or otherwiae.Thia mortgege ahall remain in fiilt force and effect between r
<br /> t the�perties�hereto�and Cheir heus,peraonal representativea,succesaors and easi�s,uatil all amounts secured he�euad�.ineluding[uture
<br /> � �advencee,ere paid ia Eul!with interest. . . �
<br /> � - �The mortgagor�hereby aeeiga_W eaid mortgagee all rents and income arising at any and all times from said property and
<br /> heeeby authozize naid mortgagee or its agent,at ite option,upon detault,Lo take charge of said property and collect ell rents end�income
<br /> ;,� therefrom'and-apply�the--same to�the peyment�of intereet; Pxiaeipel, iaeurance premiuma. tazea. esamamenta. napeire or improvementa � .
<br /> necmeary to Iceep eaid property ia tenantabla condition,or to other chargee or psym�W pravided for herein or in the mte hereby secured.This
<br /> :r� rent.aeeignm�t ahall contiaue ia foxce until the unpaid balanee of aeid note in fully paid.The taking of posseesion hereunder ahaLL in no mnnner . �r:
<br /> ., prevent:oscaterd seidlmo:tgegee in Wre cotlecCiaa of eetd,eume by fororloeare or otherwiee.
<br /> The feilure;of the mortgegee to anaert aay of ite righte hereunder at any time ehell aot be conatrued ae�e weiver of ite right to assert the s�
<br /> same.at eny latm�time,and to imiet upoa end enforce etrid.complienca wfth all the terme and proviaions of eaid'rote and of thie mortgage_ -�y;
<br /> . .. :.. � - � ... ;�ti
<br /> � � If eaid mortgegor-S ahsll caoee to be peid to esid mortgagee the entire amount due it hereuader,end under the terms and provisiona . � �
<br /> :� � .of eaid-note hereby�secuied,includtug future advanoea.and any�teneionn or renewala theeeofia accordanee with the te�ms and provisions . � . �
<br /> �. �'� ��.thmeof.�,aad���esld moetigagor_�ehall co�ply with all the provieum of epid note.md of.this mort8s8e.thea theae preaents:e6s11 be void: � � �;� �:t
<br /> � oth�wiee W e4msin in tall force and eHect,and aefd mortgagee aLall.be mtitled to the posaession of all of said property,and+nay.�at ita option. .
<br /> � �;.� deeLre the wl+ole�of eaid note md all iadebtedneee repzesented thereby W be immediete�y,due and payable.and may torecloee ihie mortgage �� � =r
<br /> or take aqy ot�ec legd aetioa to proEeet ite right.Apprsieemmt waived. :
<br /> �'�, Thie morLgage ehall be binding;npon awl.ahell enure to the.beneflt of.the Le6s.�.�ecutors,edminietraura.eacoeseon and aseigne of the . w�;
<br /> �P��BPat�iee;h�eW:�.
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<br /> �N„ IN WI71NE58 WHEREOF, esid MocEgeigors—.�ha�i�.Lereu�o�s � handi_the day and year��firat above � � ���� �r,� �u�
<br /> r' -wrlt6m L�:, a�AS i �s
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<br /> � � � �'hyl s C. �Schmidt, - �
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<br /> ir�c'� �*., e.a.r..Y�iy.a._, r.-.,;:3. o.Lr^4V . . . _. . . . . . ... � . � . � � � � -
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