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<br /> 7g--� {�p2956 MORTGAGE
<br /> � THffi-INDENTUR.E, mede this 13th day of PS81� _ , 19 78 , by and between �
<br /> ..Rtl6ER�lY. G'�:�1QE AAND'ELIZAHETH�E. CLINE hueband and vife each in his and her own right
<br /> _attd as svouse of the other
<br /> a
<br /> ���: a� liall Cp�ty,Nebzaeka.,as mortgagor�...md Grand Island Truat Company of Grand Ialand,s-�corporetion . � � ��
<br /> organized and easting under the lawe of Nebraeka with its principal otfiee and pleca of busineas at Grsad Island,Nebraska,ae roortgegee: � � � �
<br /> WITNE3SETFI- That eaid mortgegor$,for and in considm�ation of the aum of � � � �
<br /> **Three Thousand Four Hundred Fiftv and 72/100tha** ���g 3_450.72 �,
<br /> the receipt of w6ich is 6ereby acknowledged,do—by these preaenta mortgage and werrant unto snid morfgegee,its aucceseora end aseigna, � . � � � � �
<br /> forever,alt the fotlowing described real eatate,situated in the County of FLal l ' � . . .� �.
<br /> and State of Nebraslca,to-wit: � � � � ��
<br /> FRACTIONAL LOT ONE (1), IN FRACTIONAL BLOQC TWO (2) IN ASHTON PLACE, AN ADDITION TO
<br /> THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, AND ITS COMPLEMENT, TO—WIT: ALL OF
<br /> FRACTZONAL BLOCK TWENTY—EIGFiT (28) IN BAKER'S ADDITZON TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNT7t, NEBRASKA. .
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<br /> y�,'.
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<br /> ,j ,�.Together wit6 all heating,eir conditioning,lighting,and plumbing equipmeat end fiztures.including screens,awnings,etorm windows and .
<br /> ;��, �.dooro,andwindwv ehaden or bliade,uaed on or in connection with said property,whether the same are now located on said propercy or heceafter . �
<br /> .+ ���pleced thereon. � . �
<br /> .�S '� TO HAVE AND TO HOLD THE SAME,together with ell and singular the tenanents,hereditamenta end appurtenances thereunW be• � � � �
<br /> 1 ' bnging, or in anywiae eppeet��.��-e, forever, nnd warrant the title w Lhe same. Said morgagor s heceby covenent—with said � �� . . � �.
<br /> � mortgagee that_t he 9 are ,at Che deiivery hereof,the lawfut owner_�__of Che premises ebove conveyed and deacribed. ' . . � .
<br /> and S1e seized of a good and indefeenible eatate of inheritance therein,free and clear of ell encumbrances,and that�he.3t_will �.. �
<br /> warraat and defend the title ChereW foiever against the clni+ne and demanda of ell persona w6omsoever. � � � .
<br /> � PROVIDED ALWAYS.ead this imtrumeni ia executed and delivered w secure the payment of the sum of � .�� .
<br /> **Three Thousand Four Hundred Fiftv and 72/lOOths** pop8��s 3,450.72 �,
<br /> with intereat t6ereoa,together with such c6ergee end advences as may be due and payable to said mortgagee under the terms and conditions � . � �. � �
<br /> of the pmmieeory note ot even date heeewith and secuzed hereby.executed by said mortgagor$_to said mortgagce,payable as expressed � � . � � � �
<br /> �in eaid note,and to aecure the performaace of all the terme and eonditiona contained the:ein.The terme of said note are heeeby incorporeted �� - � �
<br /> 6eeein by thle reference. . .
<br /> �! It ia the inteatioa end agcaement of the parties hereto thet thia mortgege ahall also aecure any future advancee mede to said mortgsgor.�L � . . �
<br /> by etid mortgegee,and any and all indebtedneae in eddition to the amount above etsted wluck,said mortgagors,or eny of them.may owe to � � � �
<br /> aeid mortgagee,however evidenced,whether by note,book account or otherwix.Thia mortgage shall remein in full force aad etfect becween . � � � � �
<br /> the partieq hereW and their heire,peraonai repmaentativee,succeaeors and essigns, until all emounts secured hercunder, i:icluding future � �� �
<br /> es
<br /> advsncm.ere paid in fuL'with interest. � . � � .
<br /> T6e mortgagor�_hereby aeeign_to aeid mortgagce all rents and income arising at any and all titnes from said property und �. �
<br /> � � hezeby authorise aeid mortgagee or its agent, at ita option,upon default,to take cherge of said property and collect all rente and income �
<br /> �....therefrom��aml apply the�esma W t6e�PeYment�of intareet.�Prineipel�. inevranee premiuma. tssee. aesesemente. lepain or improvements . .
<br /> neceaeary to keep eaid property in tenantable condition,or to other chargea or paymenta provided for herein or in the note hereby secured.Thia � � � � ��
<br /> rent enaignmeat ahell continue in force until the uapnid balence of seid note is fully paid.The taking of possesxion hereunder shall in no menner �
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<br /> � �.��.���pravmt.or,eetsed se�.mortgagee�.in the collection of said aume by[orecloeure.or othmwise. . � . . . . . . �. �. � � -
<br /> `�i The failure of the mortgegae to aesert any of ita righta heteunder et eny time ehall not be construed as'e waiver of its right to essert the � � � �
<br /> r eame at any latet time,and to iasiet upon and enforce etrict eompliance with all the Lextos sad provisions of seid note and of this mortgage. ' �
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<br /> - If eaid mortgagor g. ahall cauae W be pnid to said mortgagee t6e entire amount due it hexeunder,and under the lerms and provisions .. �
<br /> of eaid note hereby seeuied,includIng futuie advancee,and any extensiona or renewals thereofin eccordsace with the terms and provisions � �� ���
<br /> thereof,and if,�esid mortgngor B_ahall wmply with ell the provieions of eaid note and of tbia mortgege,�then these preaents shall be void: F
<br /> otherwiee to remsin in fu4 foroe aad aftect,and aeid mortgngee ahali be entitled to tbe poseesaion af atl of said property.and may,at its option, �
<br /> " �declere the wLob of aaid mte snd all indebtedoeea repreeented thereby w be immedlately dve and payable.and may foreclose thie mortgage _ ,� ' � t �
<br /> t -�"or tafce any of6er:legal action Co pzoteet ite-right.Appraieemeat waived.�, ��, .. 4� ; '
<br /> TLis moitgege ahall be binding:upoo e�ehell enuie W Che beneAt of.the heire,executora,adminietraoors,aucceaeors and asaigns of the � ;�
<br /> �' �.reepective pertiee,hezeW. . .. � . . .� .., � � �
<br /> �.,� � ,��IN WITNESS WHERFAF,neid MortgegorB_�}u�LCheraunW eeC *f+p..it hand9 �� the day and year frat above �4�� '
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<br /> ' Ro e 'A. Cl ne "�
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<br /> � E2izabet . . Cliae
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