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<br /> 7$- UU2957 MORTGAGE
<br /> ( THI3 INDENTURE. made Wis 1$th daY of M�Y . 19 �$ � by and between �
<br /> CARL L.`MAYHEN AND'SUSAN A. MAYFIEW, husband and wife, each in his and her ocon riAht
<br /> , _ ,. . . . . - �,. a,
<br /> � and as spouse of the other, ';
<br /> :�� of Hall ��ty..Nebranka,as mortgagor 8 ,and Graad Ialend Truat Compaay of Graod Ieland, e corporation � � ��
<br /> .'..� organized end e�eting under the lawe of fVebreeka with ite principal office end place of buaineas�at Grand Island,Ne6reaka,es mortgegee; � � •��� ��
<br /> , WITNES3ETH: .That eaid mortgngor S,for and ia coneidaration of the sum ot �
<br /> **Seventeea Thousand Five Hundred Ten and No/1o0ths** ���$ 17.510.00 �,
<br /> the receipt of which in bereby ecknowledged,do_by Lhese preaenta a�ortgege and warraat unto naid mortgagee,its euccessors and assigns, , � �. � ��
<br /> � forever,aU the following described reel estate,situeted in t}�e County of - Ha l l � �� �
<br /> sad State of Nebreaka,to-wit: � � .
<br /> LOT TWENTY—FIVE (25) VILLA MAR DEE
<br /> ' SUBDIVISION, HALL COUNTY, NEBRASKA.
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<br /> '�� �TogeL6er with all heating,sir conditioning,lighting,and plumbing equipment and fixtures,including scrcens,ewniags,ntorm windows and � ; �
<br /> .� �dooro,md window ahades or biinds,used on or in connection with said property,whether the same are now located on eaid property or hefmfter
<br /> .�i :pleced therean.� � .
<br /> ���( '���� TO HpVE AND TO HOLD THE SAME,together with all and ainguler the tenementa,hereditaments and appurtenancea t6ereuaW be�
<br /> ��j ��longing, or in nnywine appertaiaing, forever, and warrant the title w t6e same. Said morgagorB—hereby coveaent_wi[h said � �.�'��
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<br /> .,� . mottgngee Uut—t.he y Are ,et Che delivery hereof,t6e lewful owner�—of the premisee abwe conveyed and described,
<br /> �.,# and are eeized of a good and indefeasibte eatate of inheritance therein, free end clear of aU eneumbrencea,and that�he}�will � �
<br /> warrent and defend the title thereW torever againet the daims and demends of all persons whomsoever.
<br /> ����� PROVIDED ALWAYS,and thie imtrument is e�cecuted and delivered to aecure the payment of the sum ot � ��
<br /> ' ! **Seventeen Thousand Five Hundred Tett and No/100ths** ����a 17.510.00 �,
<br /> � wtth intereet thereon,together with euch cLargee and edvances as may be due and payable W said mortgagee under t6e terms md conditions _ . �.
<br /> of the promiasory note of even date herewith and aecured hereby.executed by said mortgagor s to said mortgagce,payable as espressed � � -� .
<br /> ia esid note,ead to secure the performance of all the terme and conditions contained the�ein.The terms of said aote are heceby incnrporated � .� � �
<br /> herein by this reference. ' . . . . _ .
<br /> � IL ie the intentioa and egreement of the parties hereto that thie morCgage shetl a]so aecure any future advanees made W said mortgagor2_ �� �
<br /> by eaid mortgagee,and nny and eL indebtedneas ia addiCion to the emount above atated whict,said mortgagors.or any of chem,may owe to : � .
<br /> �.� �� said mortgegee,however evideaced,whether by note,book account or othezwise.This mortgage shall remain in fuU force and effect between . � �
<br /> ��• tha partiea hereto and theit heua,peraonal repreaentativee,aucceasors end asaigns, unUl all amounts secured hereunder, including future � �
<br /> :j advanoes.are peid in fui2 with intereat. � ... ..
<br /> ��} � �The mortgagor�.6ereby aesign_W said mortgagee ell rents end income arising at any end all times from eaid property and �� � � �. �
<br /> �� hereby authorize eaid mortgagee or iW agent,at ite option, upon default, to take cLarge of said propezty and collect ell renta and inmme . : � �
<br /> -.�..:Cherefrom�e�epply�the�same W tbe paymeet of interrat. Prineipal. insurance premiuma. tazee. asseesmente. repeire or improvements
<br /> tmceneary to keep eaid pioperty in tenantable mndition,or to other chergea or peymenca provided for herein or in the note hereby aecured.This � . . �
<br /> ` reat aseignment ehsll continue in foree until the unpaid balauoe of said note ia fuUy paid.The taking of posseaeion hereunder shall in no manner �
<br /> g ::�.peevant or retaid aeid mortgagee ia the.collectioa of seid eume by.forecloeure or otherwise.
<br /> '.-�. �. � The fail�ae of t6e mortgegee to aseert eny of ita rights hereunder at eay time ehall not be conatrued an�a waiver of its right to assert the � � � �
<br /> �,��.�i eame at aay later time,and W ineiat upon and enforoe etrict compliance with ell the tercnv and provisions of said note end of this mortgege. � �
<br /> '���� If aaid mortgagor g ehall cauee to be peid to aeid moRgegee the entire emouat due it hereunder,and under the terms and provisiona � ��
<br /> �� . of eaid iwte hareby aewred,iacludtng future advances,nnd my eatensiona or reae.vals thereof in accordnnce with the terms end provisions
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<br /> theeof,and�if�e�id mo�cLgegor_�.ehs11 comply with all the provisiona of aaid note and of thia mortgege,�thea these presenu ehall be void: � � � t
<br /> � otherwiee to eemeSe ia fitll force s�eHeet,aad eaid mortgagee ahell be eatitled to tha possesaion of all of eaid property,and may,at its option. � � �
<br /> � � dcelare t6e whole of aeid mte and.all indebtedness repreeented�thereby W be immediately due and payabie���snd may foeeclose this mortgage � �
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<br /> a. o�teke ary oL6er legal action to pantecC ite�:right.Apprainement waived. .. .•.;��...-..: .
<br /> � i . Thie mortgage nhell be bindiag.upon and ahsq enure w the benefit of.the heire,�ezecuWrs,administrators,svccesaors end a'seigns of the - ,± �
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<br /> reepeet9ve partiee hereto.�. . ': �� .. • �.� _ .. ,y E:
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<br /> ;�� -IN WITNE9S WH'EItEOF.�asid Mortgagor g' �.ha .ye nereunW net � theiT � _ � and'year firet ebove G;�..
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