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<br /> �$- 00264� MORTGAGE
<br /> I_ THI3 IKDENTURE. m�de tLis 7 5 L `; day of h�d,y - Z f � 19 78. bY and between � . '
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<br /> � s ; , , band and wife each in his and her own ,
<br /> � 'MICHAEL L. NAHORNY AND JEAN M NAHORNY hus
<br /> ! right and as spouse of the other, "
<br /> � �.�HB�� Ceuaty, Nehraeka,sn mortgagor.�_,and Grand Island Truet Company of Gcead Ialend.�a;corporation �
<br /> =��i orgdnized and�esisting under the-Iawebt Nebranka with ite prtacipal office and plece of bueiness at Grand Island. Nebraska, as mortgegee: � � � . ',��
<br /> WITNESSETH: .Thnt.eaid mortgagor S ,for md in coneideration of the eum of .
<br /> **Two Thousand Nine Hundred Sixty-three and 93/100ths�*�������_
<br /> �.
<br /> the reteipt of which ie hereby aclmowledged,do_by theae preaents mortgage and warrant uayo�ei$�ct�U�,tsseuc� , re and assigna. . �
<br /> forever,all the following deacribed reat eatate,situated in the County of Ha�� ���� � � �
<br /> end State of Ne6raska,to•wit: � � - � � �
<br /> THE EASTERLY FIFTY-SEVEN (E 57') FEET Of LOT FOURTEEN (14)
<br /> IN BLOCK SIX (6) IN KOEHLER PLACE, AN ADDITION TO THE CITY
<br /> � OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> ; ; �
<br /> Together with all 6enting,air conditioning,lightiag,end ptumbing equipment and£vctures,including screens,awninge,swrm windowa a� �
<br /> . �.� doore,and window ehades or blindn,used on or in connection with aeid property,whether the seme are now located on said property or hemefter �. � �
<br /> '; �' placed thereon. � .. .
<br /> ��. TO HAVE AND TO HOLD THE SAME,LogeC2�ez with all and aingulnr the tenemente,hereditamenW and appurtanencea thereunto be- �. . � .
<br /> ���� loaging, or in anywine eppertaining, forever, and werrant the title to the seme. Seid morgagor�_hereby rnvenant_with said � . � � "'
<br /> -i� � mortgagee thet t he y a►'e ,at the delivery hereof,the lawful owner�.of the premisea ebove co�veyed and described, � .��
<br /> ax� a� eeized of a good and indefeasible eetate o(inheritance therein,hee and dear of all encumbrances,and thet t he�LwiL �
<br /> warrant�and defepd the tiUe thereW forever againet the claime and demends of all persons whomaoever. - . - � �
<br /> . PROVIDED ALWAYS,and this instrument is ezecuted snd delivered to aecure the payment of the sum of � � �
<br /> **Two Thousand Nine Hundred Sixty-three and 93/100thc** ��8,,�a_2 963_93 �,
<br /> . with interest thereon,together with euch charges and edvances es may be due and peyabie to said mortgegee under the terms and conditions , . .
<br /> - of the promisaory note of even date heiewith and secured hereby,executed by said mortgagor�_to seid mortgagee,payable as expressed � . � � �
<br /> � in aaid note,and W aecure the performance of all the terms and conditiona contained therein.The terms of eaid note ere hereby incorporeted - � � �
<br /> herein by c6is rofezence. ; " . .
<br /> It ie the intention nnd egreement of the partiee herew thet thie mortgage shall also aecure eny future advances made w said mortgagorS_ � � � � �
<br /> by eaid mortgagee,md any and all indebtednesa in addition to the amount abuve stated which said mortgagors,or any of them,may owe to , � : �
<br /> � said mortgagee,however evidenced,whether by aote,book account or otherwise.This mortgege shall remein in full force end ef[ect between � ��
<br /> � 4• � � tbe partiee hereto aad their hein,peraonal representativea,suceesaors and assigns,uatil all amounts aecured h�eunder, including future � �
<br /> �advaacea.are paid in ful:with interesc. . ... . . -
<br /> � The moetgagorL hezeby msiga_to seid mortgagee all rents and income arising at any and all timee from said property end . � � . � .
<br /> .heseby authoriae eaid mortgagea or ite agent,at iW optioa,upon default,to teke charge of said propeKy and coDect all rents end income �
<br /> n e
<br /> ��::�therefrom����aud�apply the�eame to the�payment of intereet, Principel. inm�rance premivme.tauea, eneeesmeata. xepaiis or improvements... � ... -
<br /> ;'�'? neoaeeary to keep anid pxoperty in tenantable condition,or to other charges or payments provided for herein or in the note hereby secured.This � � � �� -
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<br /> . rent aeeignnaent el�all continue in force uatil the unpaid belance of eaid nota ie fvlly paid.The teking of posaession hereunder shall in no manner � � � � ��
<br /> y. . . �� .:Prevmt.or..retat�d.said mortgagee in�the colleetion of paid aums by foreclooure�or otheQwine. . . . .. . . .. ., . .. . �
<br /> � The failuraof the mortgagee to aeeert any of ita rights hexeunder at any time ahell not be conatrued es�a weiver of its right to assert the ' � � ��� �
<br /> aeme at any later time::aad to insint upoa nnd enforoe strict eompliance with all the terms end provisions of aaid note end of ttus mortgage. ' � .� ..
<br /> � If said mortgegor�.5 ahall caune to be paid W seid mortgagee the enti�amount due it heaeander,and uade the terms and provisions � . . . .
<br /> . �.� ,� of xid�ta hereby�ecu:ed.including tuture advanc�.and any eztensions or re�aais Lhereof in aocordence with che terms end provisions � .
<br /> y _
<br /> Chereof,and if seid mortgagor S__ehell comply with all che provieions of aeid aote ead o£�thia mortgaga,thea.theee presenW.ehall be void: � . �
<br /> � . %�,� oth�erwiee to zemaia ia full foree and effecG,end esid mortgegee ahell be eatitled W the�poaeesaion of all of xid��property,and mey,at its option. . � � ��
<br /> .,� declero the wLole�of eefd�te and all indebtedneen xepreeented thereby to be immedletely ilue end.payable..end mey foreclose tbia mortgage . _
<br /> ���or teke any ot6er legd aelton W protecL iG right.Appraieemeat waived. :"; . ..
<br /> � This mortgage ehall be bmdingupon and ehall eaure W the benafit of the he'ua,execu6ore,admimatrators�auecasaors and n�aigne of the ,�.- +��
<br /> �espeetive partiee hereco. , ` -'' �. ' . . _.. � � � !
<br /> . , . - c.: ... _ . .
<br /> IN WITNFSS WHEREUF, aeid Mo �� ha,LE_hereunto eet thaiY -head �`�
<br /> �,� . ... . rfgngor . ,�. the day and ear�first above ,
<br /> written. . ,
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