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<br /> ��- ��i�vV M4RTGAGE
<br /> � '> TFII3 IIdDENTURE, mads this 23rd _• day of MBrch ' _. 18�$� by aad between � ;
<br /> EDFFTN S.'-BIL�S AND CAROLYN L. &ILLS, huaband and wife, each in his and her own right ' ' ,;
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<br /> ` � and as avouse of the other. _
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<br /> of ��1'1 County,Nebraeke,ae mortgagor.S , nnd Grand Ialand.Truat Company of Grand Ialand,a corporation � � .
<br /> '�; arganized and eziating under the lawa of Nebraska wtth its priacipal offiee and plece of business�at Grand Island,Nebrae�ke,.as mortgagee: � � .� � .
<br /> % WITNESSETH: Thet eaid mortgagor_�_,for ead in eooaideretion of the eum of �
<br /> i ***Five Thousand Eight Hundred Ninety and No/lf?Oths*** ����a. 5,890.OQ �
<br /> the rx,eipt of which is hereby acknowlerlged,do—by theae preeents mortgage and warrant unto aaid moKgagee,ita sueceasors and eseiigns. . � . . ��
<br /> ' ton+ver,et1 the foRowiag deecribed real eetace,eituated in the Couaty of �811 �. �
<br /> and 5tate of Nebrenka,to-wit: .� �
<br /> All of Lot ltoo (2), in Block Thirteen (13) and the Easterly
<br /> Fifteen (15) Feet of the Vacated Street Adjacent to the West
<br /> Line of Said Lot Two (2) All in Claussen's Countrq VieW Addition
<br /> to the City of Grand Island, Aall County, Nebraska.
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<br /> `�4 �Together with ell heating.air conditioaing.lighCing.end plumbing equipment eiad Cxztures,including screena.awningn.gtorm windowe and .
<br /> � � � �doors,and window shadea or blinda,used on or in cotanection with seid property,whether the seme ere now locatad on said property or hereeft.er .
<br /> �plaoed thereon. � .
<br /> .:�.-�TO�HAVE AND TO HOLD THE SAME,together with all and aingulac the tenements,hex�editaments and appuctenancea thereunto be• �
<br /> �.. j � � bnging, or in enywiee appartaining, forever, and werrent the title to t6e same. Said morgagor s hereby covemnt`with aaid � �� � .
<br /> � ; �mortgagee that—the.3r S*'� ,at the delivery hereof,the lewful ownerS.,—of the premiaee above conveyed and deacribed. � � . � ��
<br /> ��d are ��of a good and indefeaeible estete of inheritence therein,free and clear of ell encumbrances.and that_�he.y.._will . � �.
<br /> ���, �warrant and defend the tiUe thereto forever egeiasC the claime and demands of all persona whomeoever. . � �
<br /> � PROVIDED ALWAYS,ead this inetrument is ezecuted and delivered w aecure the payment of the eum.of �� .
<br /> ***Five Thousand Eight Hundred Ninety and NO/lOOths*** ����a 5,890.00 �,
<br /> with interent Lhereon,together with such charges and edvancea ae may be due and payable to said moKgagee under the Cerms and conditiona � � �
<br /> of the promiaeory note of even dete herewith and aecured hereby.oxecuted by said mortgagor 8 to said mortgegee.payable as expressed � � � .
<br /> in esid mte,and to aecure Lhe performance of all tha terms sad conditioae contained thereia.The[erme of eeid note are hereby iacorporeted - .
<br /> .��; herein by thie reference. . � .
<br /> ' It ie the iatention and agreement of the partiee hereco thet this mortgaga ehell also secure any futura advaacea mnde to said morcgagor g � . . '
<br /> by eaid mortgagee,and any and all indebtednesa in addition to the amount ebove steted whicl�said mortgagors,or any�ot Chem,may owe to � �
<br /> i said mortgagea,however evidenced,w6ether by note,book account or oGherwiae.This mortgage ehall remain in full force and effect between �
<br /> ��'! the pertiea hereW and their heira,peraonal represmtetives,successors and assigns,until all amounts aecured hereunder, including future �� . . �
<br /> E . edvanoee.are paid in fuL'with iacereet. . .
<br /> . ��j The mortgagor_$_ hereby aesign_to said mortgagee all rents and income arising at any and all times from said property and � �
<br /> � hereby authorize said mortgagee ot its egent,at ita option,upon defeult,to take charge of said property and colleet all renta and income
<br /> -��Lherefrom and npply the�seme to�the peyment of inteieat. Ptincipal. inauranee premiume, taxes. aeseeemeate. repairs or impmvements � . _ � .� �
<br /> - -i neceseary to keep said property ia tenantable condition,or to oth�cherges or paymente provided tor herein or in the note 6ereby secured.This . � .
<br /> rent saeignment ahell continue in fo*ce until the unpaid balence of said nota ia fvlly paid.The teking of possession hereunder shall in eo mannrr .
<br /> :..:-prevmt oc�eetetd�aaid mortgegee.in the colleetion of�said auma�by..forecloeure or otherwiee_ . . . . ... . . . . ... . .
<br /> .�.��� The failure of the mortgagea W aeeert any of iW righta 6ereunder at any time eheL not be conaWed ae�e waiver of its right to assert the .� � �. .
<br /> aeme at my late7 time,and w ineiet upon and enforce atrict complience with all the terma snd proviaions of said note and of this mortgage. . .
<br /> �� If asid mortgagor g ahall cause to be paid to eaid mortgagee the entire emount due it heremder, md under the terms and provisions �� �
<br /> � - of esid�te hereby eecueed,including fudire advancee,and any extensiona or renewala thereof in exordance with the terms and provisions . �
<br /> �theeeof,end if said moetgagor�—shall comply with all t6e proviaions of naid note and of�thie mortgeSe;then these presenW shall be void: � �
<br /> otherwlse W temsia ia fiill force�snd effect,and ea9d mortgagee ehal!be eacitled W the poeeeeeion of�ell of said property.end may,at its option,
<br /> , i�.�- declere Lhe wlaole ot esid note and ait indebtednma repreoented thereby W be immediately due and��payeble.aad msY foreclose Lhie mortgage � . �
<br /> `� � . or take aay.oLher;le8el aeC[on w protxt ice.�,right.Apprsieement watved.� ;: -�' , . Y
<br /> Thia mortgag�e shall ba binding'upon and at�all avure W Lhe beneH!of the heus.ezecutots.adminietratora.aucoeasora end eeaigns of the � �1 '�, �j :
<br /> ,,� �.. xeapective yse4iee�heretor ' .._ .. .� . , -, . , - ;
<br /> IN WITNESS WHEAEOF, eaid biortgagor�_ha_][�hereuato aet tt+p'�*" ��hand�Lhe day e�d year first above
<br /> writEae. , . � � (�� �, .� 4- . .
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<br /> . ., ���,.Wti�� .k .:.;�"
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<br /> n s , ,,._:`,
<br /> Carolyn L. ills
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