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<br /> 7�� U01°751
<br /> M�RTGAGE
<br /> - F THI3 INDENTURE. made this 28th "' dey of MaTCh•- . 19 78 . by eiad betwcen �
<br /> a � ..,... . ..�, . �._... , �.... . ... .
<br /> r.ntl8f'E'S tmvT�sa�' a'af;,e perQ;aa,
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<br /> of.�. �11 Couaty,Nebraeka,es mortgegor—, end Graad Islmd Trust Company of Grand Ieland, a coepowtion � � .
<br /> ' orgenfaed and eais�ting undar the lawa of Nebraeka with ite principel office and place of busineas at Grend Ialead,Nebraska,as mortgagee: . .
<br /> � WITNESSETH:. That eaid mortgagor—,for and in conaideretion of the eum of � �. �� �
<br /> **Une Thousaad Sixteen and 9S/lOOtha** Do�����1,016.95 �
<br /> �. the receipt of whieh in hernby ackoowledgad,do g.9—by these prnsents mortgage and warrant unW said mortgagee,its succe.qsors and aasigna, � . � �
<br /> . fo�ever,all the following degeribed real estate,aituaCed in the County of H.111 � �
<br /> snd State of Nebra.4ke.to•wit: ..,,�,�.+y e.Na . ..,.r:�r� �W � � ...
<br /> T,da�t,. . , . S^ .. . � ..
<br /> � -�t tS -. ,, .:,�i.�e� y t
<br /> Lot Two (2) in Block Three (3) in University Place, an-Addition to . -�-.-r"
<br /> the City of Grand Island, Hall County, Nebraska.
<br /> � Together with ell heeting,sir conditioning,lightiog,and lumbin e ui ment and fiztures,includin screens,awnin ��. �
<br /> p g q p g gs,stortn windows and
<br /> doors,and window ahadee or blinda,uaed on or in connection with said property,whether the same ere now located on said property or hereetter � �
<br /> . j. �plaoed theceon. � - �
<br /> � � �����:TO HAVE AND TO HOLD THE SAME,together with all'and aingular the tenemente. hereditamenta end appurtenances thereunto be- � � � �
<br /> �� bnging, or in anywise appeRaining, forever, and warrant the Litle to the same. Said morgegor__hereby covenant H—avith said � �
<br /> moxfgagee that_he i�t+ ,at the delivery hereof,the lawful owner—of the premises above eonveyed and described. . �. ..
<br /> ��end�� i$ aeized of a good end indefeesible eetatb of inhericance therein,free and clear oEall encumbrances,and thet_he_will � � � �
<br /> �wnnmt and defend the CiWe thereW forever egainat the claima and demends of ell peraons whomsoever. � . �
<br /> � PROVIDED ALWAYS,and thin instrument is e�cecuted end delivered to secure the payment of the sum of � . � �. .
<br /> *+One Thousand Sixteen and 95/lOOths** �p8��$1,016.95 �.
<br /> with interest tbereon,together with such charges and advances as mey be due and payable to seid mortgagee under the terms and condiUons �, � .
<br /> � � of the promieeory note of even date heiewith and secured hereby,executed by said mortgagor_to ssid mortgagee,peyable as expresaed - �
<br /> in eaid�te,and W secure t6e performence of ell the terme end conditiona contaiaed thexein.The terma of eaid note are heieby incorporated �� � �
<br /> herein by this reference. . � :
<br /> It in Lhe inteetion and agreemeat of Lhe parties hereto that this mortgage ahall also aecure any future advances made to said mortgagor_
<br /> by said mortgagee,and any and all indebtedness in addition to the amount ebove atated whieG said mortgagora,or any of chem,may owe to � . �
<br /> . eeid mortgegee,however evidenced,whether by note,book acwunt or otherwise.This mortgage shell mmsin in full force and etfect between � � �
<br /> the parties hereW and the'v heils,peraonal representativea,aucceasors and esaigne,unCil all amounta aecured hereunder. including fuWre . � � �
<br /> ndvancee,are paid in fuL'with interest. - . � �
<br /> The mortgagor_hereby esaign_�_to said mortgagce all rents and income arising at eny and all times fmm said property and � �
<br /> � �� heieby aathorize said mortgagee or ite agent,at ita option,upon default,to take cherge of said property and collect all renta and income � � , �
<br /> �i . .'therefrom��and�epply�the eame W the paymenC of intareet. Principal, ineurence�premivms. tazea. asaeasmente. repairs or imprwements . .
<br /> neceaeary to keep aeid property in tenantable condition,or to other charges or paymenta provided for herein or in the noCe hereby secured.This � �
<br /> rent aeeignment ehnll contiaue in force uatil Lhe unpaid belance of aeid note ie fully paid.The taking of possesaion hernunder shell in no menner �
<br /> ���-i :...��Prevant:or.retnrd said mortgagee in the oollection of.eeid eume by�forer]osure or otherwiee. .. . . . . .
<br /> �����-� The fsilure ot the mortgagee to aeeert any of ita rig6W heieunder et any time ehall not be construed as a waiver of its right to assert the �� -
<br /> :,�-i eame et any leter time,and to ineiet upon and enforce atrict compliance with all the terme and proviaiona of eaid note and of this mortgage. � � . �
<br /> .��1� If eaid mortgagor�� ehall cauae to be paid to eaid mortgegee the entire amount due it hereunder,and under the terms and provisions - . . .
<br /> .�`y of eaid�te hereby aeaued,including fuWre advances,and any extensionn or reaewals thereof in accordaace with the terms and provisions � � . ��
<br /> .-:..i . � 4 . .. �
<br /> + th�eof,and if edd mortgegor_.ehall comply with all the.provisions of eaid note end of this mortgage, then these pmsents ehell be void: ' �- - ,� .
<br /> i�� . pthe:rvlse to remaln in fuIl force md effect,aad eaid mortgegee ahell be entitled to the poeaeeeion of ell of said pmperty,and may,�at ita option. ,
<br /> �y . declare the vvLole of aeLd note and all lndebtedneae repreeented theeeby W be immedietaly due and peyable.and may foreclwe this mortgage . F��.,
<br /> �4 or teke a�y other'legel act3oa W protxt its right.Appraieemeat waived:� �- ' .
<br /> ,� Thia mortgage ehall be binding�upon and ahsll emue W Ehe beneflt o[the heire,ezecutors,adminiatrators,succeseors and asaigns of the � :,
<br /> � . seepectivepartiee�6ereW. .�. �
<br /> r ,
<br /> r ��.IN WITNE3S WHEREOF, naid Mortgagor_�he_�hereuato eet � his ��hand -�the day and year first ebove : ��
<br /> + writtea. � . � . ... :, +���? 'e�.� - .
<br /> ..' .��� . . � , ,. .. . ,�-. .� �/iaifi9� �o%��a�-CrG/--f/ "• `s�
<br /> � �
<br /> George, . etc ,
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