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<br /> ; 78� �U17�4 MQ►RTGAGE �
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<br /> � THI9,INDENf[JRE. m�dr this 27th �y ot March , 19 78 ; by and between .
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<br /> ' -Oria E.>'Beeder-'and"Bernice'J. 'Beedei, husband and wife, each in his and'her own right- " < '''
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<br /> � and as sPouse of the other, _
<br /> of 8a11 County, Nebraeke,.ae mortgegor S,end Grand Islaad Teuet Company..of Grend Island,a wrporation
<br /> -� � oigsaized spd�e=iatin'g under the Isws of Nebraeka with its principe]ofHce and place�of buaineea at Grand Island,Nebraeka,ea�mortgagee; � � '''�^�
<br /> W ITNESSETH:.. That naid mortgagoe�_,for ead Sn aomideration of the aum of .
<br /> Ten Thousand Seven Hundred Fiftv and 60/100 - - - - - - - - -:�,p��� 10.750.60 �,
<br /> the recelpt of wWch in 6ereby aclmowfedgecl,do_by theee preaents mortgage and werrant unto said mortgagce,ite succeseore and assigna,
<br /> forever,sll the foWowing deeeribed reel estste,aituated in the County of ��11 _ .
<br /> and State of Nebraska,W-vrit: �
<br /> � Lot Four (4) in Block 1Yaenty-Four (24), in Scarff's Addition to West Lawn in
<br /> - ; the City of Grand Isiand, Hall County, Nebraska. �-
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<br /> . � 'Cogether with all k�sting,air condittoniag,lightiag,and plumbing equipmea�t end fixtuzea,including ecreeas,awnings,atorm wiadows and N "�
<br /> j. � doora,and window ahedea or blinds,ueed on or ia connection with eaid property,whether the same are now located on said property or heresfter �
<br /> ,.j � plaeed thereon. �.� r`..
<br /> � TO HAVE AND TO HOLD THE SAME,w ther with ell and e'
<br /> � ge ingular t6e tenements,hereditaments and appurtenmces thereunto be-
<br /> ��� �longiag,or:ia anywiee apperteining, forever, and warrant the tiWe to the seme. Said morgagor_.S_hereby covenanL_wiEh setd
<br /> � mortgagee that_L he�L. a�"e ,at the delivery hereof,the lawful owner_s_of the peemi�e ebove conveyed and deacribed, ';
<br /> and ++i'e aeized of a good end indefeaeible eatate of inLeritance thereia,free and clear of all encumbrances,end that�he_3L.wi11 z
<br /> warrant and defead the title thereto forever againet the claime and deroands of all peraona whomscever.
<br /> ��. � PROVIDED AI.WAYS,and thin imWment ie arecuted end delivered to eacuia t6e payment of Lhe sum of �
<br /> , i � Sen Thou�nnri Seven Hnndred Fi fry and 60/1 n0 - - - - - - -���y�g 7 O r7 SO_Fi(1 � �,
<br /> 4 . with intereet thereoa,Wgether with euch c6argm and advancee m may be due and payabie W aeid moitgagee under the terms end conditions �.� .
<br /> j of the promiaerny note of evm date herewith aad secured hereby,esecuted by seid mortgegor�_to seid mortgegee,payable as expresaed � � �
<br /> in eaid note,end W eecure t6e performeace of ell the terme and conditiona contained therein.The terme of said note are heieby incorporated
<br /> . �� h�eia by thie refmance. � � .
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<br /> 4` _It in the inteation aad egreement of the pertiee hereto tbet thie mortgage ehall aleo eecure any future advances mnde to said mortgagor_.s . � � �
<br /> � by aaid mortgagee,and eny aad all indebtednesa in addition to the amount ebove atated whic}�said mortgagora.or eny of them,may owe W
<br /> i �aaid mortgagee,however evidenced,whether by note,book accouat or otherwise.This�rtgege ahall remain in full force and ettect between � �
<br /> ��� the partiee hereto aad their heire,personal repreaentativea,aucceseors and aseigns, until all emounW aeculed hereunder, including future �� .
<br /> R€ advencee.ere peid"m fuL'with inteteet. � . �
<br /> .d � The mottgagor_8._hereby aeaign_to eaid mortgegee all reata md income arining et any aad all timea from said property and _
<br /> � hexoby aut6orize eaid mortgagee or ite agent,at iW option,upon default,to teke cbarge of eaid property and collect all ren[s end inrnme
<br /> � �:�iL�efrom�-end��.appiy���tbe��esme��to�the�PaYmant oE interest. PrineiPal.ineurance premiwen. Laam. aeeeeem�te. repaira�or�improvementa� .
<br /> :->} neceeeary to keep asid pmperty in teneatable condition,or to other cherges or peyments provided for herein or in the note hereby aecured.This �� � � �
<br /> � rent aesignment a6a11 continue in foece until the unpaid balance of seid aote ia fully paid.The tekiag of posseaeion hereunder shall in no maru�er � � �
<br /> ;�.:preveot or-retard�.ssid mo�tgsgee�;ia:the.collection of naid aums by fotxloeure or.otherwiee. .
<br /> ��The failure of tha mortgegee to aeeert any of its righta hereunder at any tune ehall aot be coaetrued ae a waiver of i W right W asaert the
<br /> ,a �same at aay letee time.�end W ineiet upoa and enforce etriet compllance with all the terme end pro.vione of eeid note and of thia mortgage. . � �. �.. .
<br /> " � �.If aaid moctgagor.g. . e6all cauee to be peid tq seld mortgagee the entire amouat due it herounder,and under the terms and provisiona � � �
<br /> .z ��of eaid note hereby secuied,iactading future advancea,md aqy erzteneione or reaewals t6ereof in aocordeace with the terms and provisiona �
<br /> fi �� �. thereof,and if�aaid mottgagor_3—ahall comply w5t6 all tt�e provintane of eaid note and o(thta mortgege,Lhen theae presents ahall be void; � �� � �,�� ���
<br /> .,� othetwise to remsin Tm inll foroe�and etfect,md aeid morcgagea�ahall be entitled to the poeeeeeion of ell o(eaid ProP�Y�and may.�at ite optinn. . � .
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<br /> ;,� . �� dxJate Lhe wLole of aaid note and aR indebtednme�repeeeentsd yhereby to,be immedisLety due and payable.and may toxecloae this mortgage � � .
<br /> or teke aqy ot6er 1ege1 action to prdect ite rigL6-APPreieement.waived.. . . � .;
<br /> �. � Thin moskgage aLall be biadtng upoa aod.shall anure�,to the beneflt of�the heLs.esecuWro.adm3nietretorn.auxaseors and eeaigns ot the � ��'�
<br /> �< � xeepeetive pex�tiee;hereto..,. , ;�_. , ... � ": .�: �., .. . .. � ��. -� _ �� . "`�'"
<br /> I31T WIR'AYE98 WHEBEOF, safd MorEgagor s ha v2 hereunto set their i,8„d s_the day and year firat ebove ��
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