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<br />MORTGAGE --Savings and Loan Form-(Direct.t f r C r sat-� I.i. , in i3po_
<br />'J I isher, 'Re„Is777 7 7 77
<br />"Her of Dee(
<br />MORTGAGE Hall county, 1,16braska
<br />Loan No
<br />THIS INDENTURE, made age 27th day of February 19Z5-, by and between
<br />HARRY fl RINDER AND VIRGINIA H RINDER husband and wife, ea h in his -'and her' -own
<br />right and as spouse of the other,
<br />Of Ha I I County, Nebraska, as mortgagors_, and Home Federal Savings and Loan Association of Grand Island,
<br />a corporation organized' and ,existing under the laws of Nebraska with Its principal office and place of business at Grand Island, Nebraska,
<br />as .mortgagee:
<br />WITNESSETH: That said mortgagors_., for and in consideration of the sum of
<br />THIRTY-FIVE THOUSAND AND NO/100----=------------------------------Dollars (s_35,n0n_On
<br />the receipt of which is hereby acknowledged, do_ by these presents mortgage and warrant unto said mortgagee, its successors and ,
<br />assigns, forever, all the following described real estate, situated in the county of Hall
<br />and State of Nebraska, ' to -wit:
<br />THE SOUTHERLY ONE HUNDRED NINETEEN AND NINE TENTHS (119.9) FEET
<br />OF LOTS SIX (6), SEVEN (7), EIGHT (8), IN
<br />sg.
<br />BLOCK THREE (3), ,IN SOUTH PARK ADDITION TO THE CITY OF GRAND ISLAND,
<br />NEBRASKA.
<br />Together with all heating, lighting, and plumbing equipment and fixtures, including stokers and burners, screens, awnings, storm windows
<br />and doors, and window shades or blinds, used on or in connection with said property, whether the same :are now located on said property
<br />or hereafter placed thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, hereditaments and appurtenances thoreunto belong -
<br />Ing, or in anywise appertaining, forever, and warrant the title to the name. Said mortgagors—_ hereby covenant_ with said mortgagee
<br />that __tho_�L- a rA , at the delivery hereof, the lawful owners of the premises above conveyed and described, and - a ra
<br />j seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that __±_h
<br />e. L_ will warrant and
<br />j • defond the title thereto' forever against. the claims and demands of all persons whomsoever. .
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of
<br />THIRTY-FIVE THOUSAND AND NO/100 ----- ------------------- -------- T4ollars (S 35,nnn nn
<br />with interest thereon, together with such charges and advances as may be duo and payable to said mortgagee under the torms and
<br />conditions of the promissory note of even date herewith and secured hereby, executed by said mortgagonS _ to said mortgagee'Payable
<br />are
<br />payable
<br />as expressed in said note, and to secure the performance of all the terms and conditions ,contained therein. The forms of said -
<br />hereby incorporated herein by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances .made to said.
<br />mortgagors by said mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors, or any'
<br />of them, may owe to said mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage shall'remain in full
<br />force and effect between the parties hereto and their heirs, personal representatives, successors and assigns, ' until all amounts secured
<br />hereunder, including future advances, are paid In full with interest.
<br />The mortgagor--Lhereby assign to said mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorize said mortgagee or its agent, at its option, upon default,'to take charge of said property and collect all rents and income
<br />therefrom and apply the same to the payment of interest, principal, insurance premiums, taxes, assessments, repairs or improvements' neces
<br />sary to keep said property In tenantable condition, or to other charges or payments provided for herein or in the note hereby secured. This:
<br />rent assignment shall continue in force until the unpaid balance of said note is fully paid. The taking of. possession hereunder shall in no,
<br />manner prevent or retard said mortgagee in the collection of said sums by foreclosure or otherwise.
<br />> The failure of the mortgagee to assert any of its rights hereunder at any time shall not be construed as a waiver of its right to assert
<br />the sameat any'later time, and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this.
<br />mortgage.
<br />If said mortgagor 5- shall cause to be paid to said mortgagee the entire amount due, it hereunder, and under the terms and provisions.
<br />of said note hereby secured, including future advances, and any extensions or renewals thereof In accordance with the terms and provisions .
<br />thereof, and if said mortgagor _ shall comply with all the provisions of said note and of this mortgage, then these presents shall be void:
<br />i otherwise to remain in full force and effect, and said mortgagee shall be entitled to the possession of all of said property, and• may, at its
<br />option, declare the whole of said note and all Indebtedness represented thereby to be immediately due and payable, and may foreclose this
<br />mortgage or take any other legal action to protect Its right, and from the date of such default all Items of indebtedness secured hereby
<br />shall draw interest at 9% per annum. Appraisement waived:
<br />' to the. benefit of the heirs, executors, administrators, successors and assigns of
<br />This mortgage shall 'be binding upon and shall enure
<br />the* respective' parties hereto. _
<br />IN WITNESS WHEREOF, said Mortgagors_hff Ve hereunto set ands_ the day and year fret above
<br />i written.
<br />c 2 �� •
<br />War : A: Ri nder ,
<br />Virgi ia-H. Rinder
<br />/ d'9
<br />30
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