|
r
<br /> I . �
<br /> 78.� 002872 MORTGAGE
<br /> � ! � THI3�INDENTURE. made this 11 th day o[ M�Y —. 19 7$ , by and between � � . .. .
<br /> DALE W. IdcCOY AND ILEANE D. McCOY; Huaband and Wife, each in hia and her own right
<br /> and as svouse of the other.
<br /> of Hall County,Nebraska,as mortgagor s ,end Grand Island Truet Company of Grand Ialand. a corporation � � ��
<br /> � orgenizad m�d eriating uader the lewa of Nebraska with its principal oKce and plece of busineas at Grand Island.Nebraska, as mortgagee: . � �
<br /> � WITNE83ETH: That eaid mortgagoz_3_,for aad in comideretion of the aum of � . � � �
<br /> **Four Thousand One Hundred Twenty-Six and 13/100tha**#-�-•-- ��'� "—} �
<br /> . 's�� �{�'��ussse'ara�` w
<br /> � t6e receipt of wE�ich ie hereby eclmowtedged,do—by theae precents mortgsge snd warrant unt8'i�Sid Ii�ok�i!'�its suC �or�and aseigns, � �
<br /> � , r�: . ... ._ . .r!;-•is�e. -.__-.p°. .
<br /> � forever,all the following described reel estate,eituated in the County of- Hal 1 � � �
<br /> . end Stete of Nebraska,to-wic: . � � �
<br /> PART OF IAT THREE (3) ON MAINLAND IN SECTION THZRTY-TWO (32) TOWNSHIP ELE�IEN (11) NORTH,
<br /> RANGE NINE (9) WEST OF TFiE SIXTH (6th) P.M. DiORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-
<br /> WIT: COPII�fENCING AT A POZNT ON THE EAST LINE OF THE RIGtiT-OF-WAY OF THE ST. JOSEPH d�
<br /> GRXND ISLAND RAZLROAD COMPANY, WHERE THE SAME INTERSECTS '£HE NORTH LZNE OF LOT THREE (3)
<br /> ON MAINLAND IN SAID SECTION THIRTY-TWO (32) , THENCE RUNNING EAST ON THE NORTH LINE OF SAID
<br /> SECTION FOR A DISTANCE OF SIRTEEN (16) RODS, THENCE TURNING A RZGHT ANGLE AND RUNNING SO
<br /> PARALI.EL WITfi THE EAST SECTION LINE FOR A DISTANCE OF ONE HUNDRED TWO (102) RODS, THENCE
<br /> TURNING A RIGHT ANGLE AND RUNNING WEST AND PpRA7.LEL WITH TEiE SOUTH SECTION LINE, POR A
<br /> DISTA3VCE OF SIXTEEN (16) RODS, TLiENCE TURNING A RIGAT ANGLE AND RWNINC NORTH AND PARALLEI.
<br /> WITFi THE EAST SECTION LINE A DISTANCE OF ONE HUNDRED TWO �102) RODS, TO THE PLACE OP
<br /> BEGINNING, HALL COUNTY, NEBRASKA.
<br /> Toget6er with all heeting,air conditioning,lighting,end plumbing equipment and fiztures, including screens,ewnings,storm windows and - ��
<br /> doora,aad window ahadea or blinda,uaed on or in wnnection with said property,whether the same are now locsted on said property or hereetter . � � � � �
<br /> .ptaced tbeieon. .,,,�„...
<br /> :. . TO HAVE AND TO HOLD THE SAME,Logether with e�l and singular the tenements, hernlitaments aad eppurtenances thereunto be- . . . � �
<br /> �longing, or in anywiee appertaining, forever, and warrent the title co the same. Said morgagor S__hereby covenant—_with seid � �
<br /> .� mortgegoe thet—1 he_3t �a ,at the delivery hereof,the lawful owner�__.of the premiaes abwe conveyed and deacribed. � � �
<br /> �and a=p eeized of a good and iadefeesible estete of inheritance therein,free and clear of ell encumbrances, and that.�heyt__wiU � . � � i'•`���'
<br /> ' .varrant aod defend the tide thereW forever againet the elaixas and demanda of ell persona whomsoever. . � . �
<br /> P3tOVIDED ALWAYS,and this in��tzumant is ezecuted and delivered W sea�re the payment of the sum of �
<br /> **Four Thousand One Hundred 'h�entv-Six and 13/100ths** �p8��$ 4,�26_t3 �,
<br /> w�ith intezeet thereon,together with auch charges and advanees as may be due and payable to said mortgegee under the Cerms and eonditions -� � � .
<br /> of t6e pmmieaory note of even date herewith and secured hereby,execu[ed by seid mortgegor�_to said mortgegee,payeble es expressed � � . �
<br /> in aeid note,and to aecux�e the pertormex�ce ot aL t6e termn aad conditione contained therein. The terms ot seid note are hereby incorporated � � .. � ��� �
<br /> , harein by this refereace. . � � �.
<br /> ' IC ia the inteaLion a�agreemeat of the pertiea hereW that this mortgage ehall also secure any future advances made to said mortgagorg � -
<br /> by eaid mortgagee,end any and all indebtednesa in addition to the amount above ateted whieL said mortgegors,or any of them,mey owe to �� � � � ��
<br /> aaid moctgegee,however evidenoed,whether by note.book account or otherwise.This mortgage ahall remain in tu0 force and effect between .
<br /> . the partiea hereto and the'v heirs,personal repreaentatives, euccesaors and assigns, until ail amounts aecured hereunder, including future �-
<br /> advances.ere paid in fuL'with interesc. � � ..
<br /> . The mortgagorg_hereby esaigo_to said mortgsgce all rents aad income arisiag at eny and all times from said property and � � �� �
<br /> , 6ereby authorize said mortgagee or its agent,et its option, upon default,to take charge of said ptoperty ead collect ell rents end income � � � � .
<br /> t6erefrom e�apply the eeme to the payment of interest, principal, ineuraace premivma. Wcea, asaeesmente, tepairs or improvements . �
<br /> �ceeeary to keep said property in tenentabte condition,or to othar charges or paymenta provided for herein or in the note hereby secured.This � � - .
<br /> rent eseigttment shell continue in foece until Che unpeid balance of neid note ie fully peid.The taking of poeaeseion hereunder shall in no manner � � . �
<br /> .��paEv�t ar reLard�mid mortgagee in the eollec6ipn of eaid euaoe by[oreclaeure oz otherwiee. . . .
<br /> The failuraof Lhe mortgagee to aseert eay of ite rights hereunder et eny time shall not be conatrued ea�a waiver of its right to essert the . ��
<br /> same at any later time,and to inaiat upon ead entorce atrict oompliaace with all tbe terms aad proviaione of said note and of tLia morcgage.
<br /> If said mortgagorg ehall cauae w be peid W said mortgagee the entire amount due it hereunder,and under the terms and provisiona � . .
<br /> of eaid note hereby mecuxed,inclnding future advaneea,nnd any exteasions or renewsls theieof in accordence with the terms and provisions � t
<br /> Wereof,aad tf aaid mortgagor_�_ehall comply with ell the�pmvisions of eaid note end of tbis mortgage,then these presents shell be void:
<br /> othenviea W remain in[ull foroe and eHect,aad eeid mortgegee�ahall be entitied to the posaees3oa of sU of seid property,and may,at ite opcion, r_ �- � ���
<br /> declare ttae w}w1e of eafd�te md all indebtednena repreeeated thareby W be immediately due and.payeble,and may foreclose ihis mortgage �.���,; � .
<br /> , or take sny othv.legal aetion W pzotect ita right.Apprai9ement waived..� . .. .. �- �
<br /> 5 Thie mo eLall be bin -,. . � �
<br /> rtBeBe ding upoa ead ahell eaure to the bene5t of the heira,executors,edministrators,euccessors and asaigns o[the �
<br /> �P�'e Partiae Lereto: �. . � . � .. . .
<br /> a � �IN�WITNE3S WHEREOF, eaid Mortgegorg_ha.�_hereunto set theiT�� ��hand9 . the day and year frst above �"�`��
<br /> written. � . . . � . . . � �^'
<br /> : -. � . � � . � �//r `��
<br /> . ._
<br /> • ; y
<br /> I eane D. McCoy �
<br />
|