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<br /> ��-- 001'7�0 MORTGAGE
<br /> ITHI3 INDENTURE. smde thL 2Sth --�y °( March . 181�. by end between �
<br /> Argp DevePogmen£ ComQgny bv Oscar G. Mueller, Pr�sident; Oscar G. Mueller spd Grace E.
<br /> Ytueller, husband and wife, each in his and her own right and as spouse of the other,
<br /> �_ of_� ��? Couaty,Nebraeka,ee mortgngor_�,and Grand Ieland Txust Company of Grand telsnd,a.corporation � � ��
<br /> organ3zed and zzisting under the lewe of Nebraeka wiRh ite prineipal offlce and place of businese at Grsad Islan3, Nebraska,as maRge�ee: � � � . � -
<br /> WITNESSETFI: That aeid mortgegor X,for aad in conaid�ation of the aum of � � .
<br /> ; ltaenty-Five Thousand Twelve and no/100 - - - - - - - - - - -�.paya���r � 25�Q12.OU �. � � � . � �
<br /> �. t6e receipt of which ie hereby acicnowledged,do_by these preeenW mortga.ge aad wansat ucato seid.mortgagee,ita succesaors and aseigns, �
<br /> fozever,ell the following deacribed real estete,aituated in the County of Hal l �� ' . � � .
<br /> � end State of Nebraake,4o-wit: . ,
<br /> Lots One (1), �ao (2), Three (3), Five (5) to Twelve (12) both inclusive; Lots Fifteen (15
<br /> to 7faenty-Three (23} both inclusive; Argo Second Subdivision, Hall County, Nebraska,
<br /> Village of Alda, Nebraska;
<br /> AND Lots Three (3), Six (6), Nine (9), and Lots Sixteen (16) to Thirty-Six (36) both
<br /> inclusive, Argo Third Subdivision, Hall County, Nebraska, Village of Alda, Nebraska;
<br /> AND Lots One (1) to Nine (9), both inclusive, and Lots Eleven (11), Fourteen (14),
<br /> { Fifteen (15), Seventeen (17), EighCeen (18), Twenty-Eight (28) to Forty-Four (44), both
<br /> inclusive, Forty-Six (46), Forty-Nine (49), Fifty-One (51), Fifty-Two (52), Fifty-Four (54
<br /> ' Fifty-Six (56), Fi£ty-Seven (57), Fifty-Nine (59), Lots Sixty-One (61) to Sixty-5ix (66),
<br /> both inclusive, Argo Fourth Subdivision, Hall County, Nebraska, Village of Alda, Nebraska.
<br /> Together with ell henting,air conditioning,lighting,and plumbing equipment aitd fixturns,including screena,awninga,swrsn windows end � � .
<br /> doora,and window ahedea oe blinde,uaed on or in connection with said property,whether the same are now located on said property or hereafter � - � � � .
<br /> placed the`eon. � � � � .
<br /> � TO HAVE AND TO HOLD THE SAME,together with all and aingular the tenementa,hereditaments end eppurtenancea thereunm be- .. � . �
<br /> "�lamging,or in anywiee appertaining, forever,and werrant the title to the same. Said morgegor�hereby covenant_with said �
<br /> morGgagee Lhat�heY aLe ,at the delivery hereof,the lawful owner�of the premisea above conveyed and described. � . � . �
<br /> .���� ax'e �y�of a good aed indefeesible estate ot inheritance therein,free and clear of ell encumbrancea,and thet ihe�' wiU �
<br /> � warreat end defend the title thereto forever ageiast the claima end demende of ell peraona whomsoever. �. � � �
<br /> . . PROVIDED ALWAYB,and thie inetcvment ie ezecuted end delivered to aecure the payment of the sum of �� � �
<br /> Twenty-Five Thousand Twelve and no/100 - - - - - - - - - -Doparsls 25,012.00 �,
<br /> �with iatereet thereon,together with auch charges and advences es may be due and payable W seid mortgagee under the terms and conditions �.. �
<br /> � of the promiseory note of even dete herewit6 and secuxed hereby,executed by said mortgagor_�.to said mortgagce,peyeble as expressed � ' � � .
<br /> in eaid aote,and W eecure tha performenee of ell the terms end conditione conteined therein.T6e terma of seid note are hereby incorporated � .
<br /> hereia by tLie refereace. . .
<br /> It ie Che iatention and agreement of the parties hereto that thia mortgage ehall also secuie any future advancea made to eaid mortgago�� � �
<br /> ; by eaid mortgagee,and any and all indebtedneea in addition to the amount above atated whic}.said mortgagors,or eny of them,may owe to . �
<br /> said mortgagee,however evidanced,whether by note,book account or otherwise.This mortgage shaU remain in full force end effect between � ;
<br /> �, the partiea hereto nnd their heils,personal representativea,eucceasors and assigns,until ell amounts secured hereunder, including future
<br /> � advancea,are pnid in tuL'with intereat. .
<br /> � The mortgagor�_hereby essign_W said moKgagee all rents and income arising et any and all times from said property end
<br /> hereby authorize eaid mortgagee or ita egent,at ite option,upon default,to take cherge of aaid property and collect all rnnts and income � .
<br /> �therefrom and apply Ehe aame to the payment of intereel, princtpsl, ineurence pcemiuma, taxea, anseeemente, repairs or improvements �
<br /> necesaary to keep naid property in tenentable condition,or to other chargea or paymente provided for herein or in the note hereby secured.This � .�
<br /> ' reat aeaignment ahall wntinue in force until the unpaid balnnce of said note is fully paid.The taking of possesaion hereunder shall in no manner
<br /> �:.�.�� prevmt or ratard esid mortgegee in the collection of aaid eums by forecloeure or otherwiee. �
<br /> The tailure of the mortgagee W eaeert any of ita righW hexeunder at any time ehell not be conatrued as e waiver of its right Lo easer[the
<br /> , seme at any later time,sad to insint upon and enforce etrIM compliance with all the terme and provieions of said note and of chis mortgage.
<br /> If aeid mortgagor g ahell came to be paid to said mortgagee the entire amount due it hexeunder,end under the cerma and provisions
<br /> of neid note hmeby eecured,iacluding future advancee,aad my ezteneioas or reaewale the�eo[a�eccordance with the ternu and provisions
<br /> theeeof,end if eaid mortgegor_s—ehall comply with all the provisione of eaid aote end of thia mortgage,then these presents edall be void: S �
<br /> . othecwiee to cemam in full foroe and affect,and enid mortgegee ahell be entitied to the poesesaion of all of said property,and may,at its option. � .
<br /> � ..��i � de�are tbe whole of sald�ts and ell indebtedneee repreeented thereby to be immedfatety due and payable,and may foeeclose th3e mortgage
<br /> or telce aqy otl�ae�legal action to proCxt ite right.Appraiaement weived. _ " ��'��.��
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<br /> ' This moKgege nhell be binding apon md ehell enure Lo t6e benefit of the heie�e.�ecuWrn,administreWrs,eucceeeora and esaigns of che � � Y
<br /> 3 mepeetive partiee herew. - . � . . � - - .
<br /> � � IN WITNE93 WHEREOF,eieid Moetgegor�ba�_hereuaW aet �their hand�_the dey and year first above
<br /> wtiE . �'+3
<br /> ARGO. DEVELOPi�NT COHPANY
<br /> sc ue p�/�' / . " ,a`,,.."'>.
<br /> Bv: ,e�,���/"��,�«9��
<br /> r e ueller Oscar G. Muellg�, President
<br /> . L_ �
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