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<br /> 78� C»��5'` MORTGAGE
<br /> THI3 IIVDENTUAE. mede this 218t day of Apiil , 19�$, by end between �
<br /> FAANK D. SMUTNIC AND DIANE E. SFIUTNY; Huaband and Wife, each in his and her own right
<br /> and as svouse of the other,
<br /> of H811 County,Nebreske,as mortgagor s ,and Graad Island Trust Company of Giand Island, n corporation . �
<br /> orgen3zed und existing under the lawa of Nebrnaka with ita principal office aad place of businesa at Grend Island,Nebraska,as mortgagee: � . . � �
<br /> WITNESSETH: ThaC eaid mortgagor S ,for aad in conaideration of the sum of . . � �
<br /> . .........,..._,.-....�.._..,_.. . . . .'
<br /> ***Six Thousand Two Hundred Seventv-eittht_ and 11/100ths�t+-sap�ygg��j� . �,
<br /> . 'i " }�•'T}`. .
<br /> the receipt of which ie hereby acknowledged,do-by these presents mortgege and werrent�aato�pwfi;gio`rtgag��tgj���� oc,�;end assigns, � � �
<br /> forever,e(I the following described real estate,aituated in the County of �- -� �� � � � �
<br /> and State of Nebreake,to•wit: � . �
<br /> LOT FIVE (5) IN VILLA MAR AEE SUBDIVISION OF LOT TGIELVE (12) OF
<br /> THE SUBDIVISZON QF LOT NZNE (9) AND ALL OF LOTS SEVEN (7) AND EIGNT
<br /> (8) IN WI'.•IDOLPH'S SUBDIVZSION OF PART nF THE NORTH�AST QUARTER OF
<br /> THE NORTHWEST QUARTER (NE-1/4 NW-1/4) A.'SD PART OF THE NORTFiWEST
<br /> QUARTER OF THE NORTHEAST QUARTER (NW-1/4 NE-1/4) OF SECTZON FOURTEEN
<br /> (14), TOWNSAIP ELEVEN (11) AtORTH, RANrE NINE (9) WF.ST AF THE 6TF1 P_M.,
<br /> HALL COUNT1f, NEBRASKA.
<br /> Together with all heatiag,air conditioning,lighting,and plumbing eqvipment and fix[urea,including acreena,ewnings,storm windows and . .
<br /> doore,end window ahadea or blinds,osed on or ia connection with aeid property,whether the seme are now located on seid property or heree fter � �� � � . � .
<br /> �p[aced thereon. . . �
<br /> �TO HAVE AND TO HOLD THE SAME,Wgether with all and siaguler the tenements,hereditaments aad appurcenances thereunto be- � . � w � �=
<br /> .�longing, or in anywiae appertaining, forever, and werrant the title to the same. Seid morgagor_3-hereby covenant-with said � .
<br /> ,y � mottgegee that t he Y are ,at the delivery hereof.Lhe lewful owner�of the premises above conveyed and described, � � .
<br /> �aad- 8!e seized of e good end indefeaeible estate of inheritance therein,free and clear of all encumbrances,and that t he�'wiL - � . � ��
<br /> warrant aad detend the title thereto forever againat the claims end demaada of all persons whomsoeven �� . � � �
<br /> PROVIDED ALWAYS,and thie inatnunent is executed and delivered W secure the payment of the sum of � .. .
<br /> ***Six TEaousand Two Hundred Seventy-eight and 11/100ths**�lle��$ 6,278.11 �
<br /> with iatereet thereoa,together with aueh chargea end edvances as may be due and payable to said mortgagee under the terms and conditions � -. � �
<br /> of the prominaory note of even date herewith and secuted 6ereby,executed by said mortgegor S to said mortgagee,payable as expressed � � �
<br /> ia eaid note,and to secute the perfozmance of ell the terme end conditions contained thexein.The terms of said note are hernby incorporated � � �- � �
<br /> herein by titie referanee. � � �
<br /> � It ie Lhe inteatioa and agreement of the partiea hereto that this mortgage ahall e]so aecure any future advancee made to said mortgagor s_ . �
<br /> by aeid mortgagee,and any and ell indebtednesa in addition to the amount above stated which said mortgegors,or any of them,may owe to �
<br /> eaid mortgagee,however evidenced,whether by note,book eccount or otherwise.This mortgage shall remain in tu0 force and effect between �
<br /> � the pertiea hereto and their heits,personal representstives,succesaors and essigns,until ell emounta secured hereunder, including future � � ��
<br /> advaneea.ere peid in fuL'with interest. � .
<br /> The mortgegor8_hereby aseign_to said mortgagee all renta end income arising at any and all times from said property and . � �� . �
<br /> heteby aut6orize said mortgagee or ite agent,at ita option,upon default.Co take charge of said pmperty and coUect ell rents and income . � � � .
<br /> � �therefrom�e� apply t6e same to the peyment of intereet,principel, ineuranee premiume, taxea, aaseaements, repairs or improvements . . �
<br /> necessary W keep eaid property in tenantable condition,or to other cherges or payments provided for herein or in the note hereby secured.This � �
<br /> �ent asaignment shall continue in force until the unpaid balance of seid note in fully paid.The taking of posseasion hereunder shell in no manner � .
<br /> .��.p�even4or retard.eaid mortgegee�in the coLLectioa of eaid suene by.forecloeure or otherwise. . . . � .
<br /> The fallure af�the mortgag�ee to aseert nny of ite righta heceunder at any time ahall not be construed es s waiver of its right to assert the � . .
<br /> same at any lates time,and to insiet upon and enforce atriet compliance with all the terms and provisions of said note and of this mortgage. �
<br /> � If eaid mortgegor B shall csuse to he paid W said mortgagee the entire amou�t due it hereunder,and under the tertns and provisions �
<br /> of eeid note hereby eecured,ineluding future advancea,and aay exteneions or renewels thereof ia accordmce with the terms end provisiona . � . �
<br /> t6ereof,end if eeid morCgagor S ahall comply with at!tbe provinions of said note and of�thin mortgage.�t6en these preaent�ehall be void: � . 4 � �
<br /> othenvine W temaia in tull foree end effect,and eaid mortgegee ahell be eatitled to the poaseseton of al1 of aeid ptnperty,and mey,at its option. ��-:^� �
<br /> declere the whole of said note aad aR indebtedneee repx�ee�ted thereby to be immediately due and payable,and may foxecloae this mortgage �_ �-�
<br /> or eeks eny oeher legel aetloa to procece tfe r;ght.wppretsemenc waived.. � ��
<br /> �'�.
<br /> Thie mortgaga ehall ba bindIng upon e�ehall enure to t6e beae�t af Lha heirs,executore,edminis4rators,succeaeora and assigas of the ` . '"��'
<br /> . xeepective partiee Lerew. � � . � J
<br /> . . •
<br /> ' � � IN WITNE33 WHEREOF, eaid Moz£gegor$_ha. -�1e hereuaw eec theii � hand 9 the da and yeer first above -'� ';�
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