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MORTGAGE—Savings. and Loan Form -(Direct Credit Plan) 255.2 (Special) MORTGAGE Loan No THIS INDENTURE, made this 3rd day of September 19-15 by. and between JOHN R. MILLER AND LEONA M. MILLER, husband and wife, each in his and•her own'riQht and as spouse of the other, Of HALL County, Nebraska, as mortgagor--c—..and Home Federal Savings and Loan Association of Grand Island, . a corporation organized and existing under the laws of Nebraska with its principal office and place of business at Grand Island, Nebraska, as mortgagee; WITNESSETH: That said mortgagor i_, for and in consideration of the sum of TWO THOUSAND ONE HUNDRED AND NO/100------------------------------- -)ollars (S 2, IOD QA ), the receipt of which is hereby acknowledged, do_ by these. presents mortgage and warrant unto said mortgagee, its : successors and assigns, forever, all the following described real estate, situated in the county of Hall and State of Nebraska, to -wit: LOT THREE (3), BLOCK TWENTY-TWO (22),.PACKER AND BARRIS SECOND ADDITION TO THE CITY OF GRAND ISLAND,_ NEBRASKA. SUBJECT TO A PRIOR MORTGAGE IN THE ORIGINAL AMOUNT OF $16,200.00, IN FAVOR OF HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND RECORDED IN BOOK 162, PAGE 528, OF THE MORTGAGE RECORDS OF HALL COUNTY, NEBRASKA. Together with all heating, lighting, and plumbing equipment and fixtures, including stokers and burners, screens, awnings, storm windows and doors, and window shades. or blinds, used on or in connection with said property, whether the same are now located on said property or hereafter placed thereon. TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, hereditaments and appurtenances thoreunto belong- ing, or in anywise appertaining, forever, and warrant the title to the same. Said mortgagor S hereby covenant— with said mortgagee that __t_he)L— are at the delivery hereof, the lawful owner—S of the premises above conveyed and described, 'and a rP. seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that —±—hO will warrant and defend the title thereto forever against the claims and demands of all persons whomsoever. PROVIDED I ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of TWO THOUSAND ONE HUNDRED -AND NO/100----------------------------- Hollers (S 2,100.00 ) with interest thereon, together with such charges and advances as may be due and payable to said mortgagee under' the. terms and conditions of the promissory note of even date herewith and secured hereby, executed by said mortgagor -L— to said mortgagee, payable as expressed in said note, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated herein by this reference. It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor 5 by said mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors, or, any of them, may owe to said mortgagee, however evidenced,, whether by note, book account or otherwise. This mortgage shall remain in full force and effect Between the parties hereto and their heirs, personal. representatives, successors and assigns, until all amounts secured hereunder, including future advances, are paid In full with interest. The mortgagor -2-- hereby assign to said mortgagee all rents and income arising at any and all limes from said property and hereby authorize said mortgagee or its agent, at its option, upon default, to take charge of said property and collect all rents and income therefrom and apply the same to the payment of interest, principal, insurance premiums, taxes, assessments, repairs or improvements neces- sary to keep said property In tenantable condition, or to other charges or payments provided for herein or in the note hereby secured. This rent assignment shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no mannor prevent or retard said mortgagee in the collection of said sums by foreclosure or otherwise. 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 the same. at any later time, and to insist upon and enforce strict compliance with all the .terms and provisions of said note ,and of this mortgage. If said' mortgagors— shall cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and provisions of said note hereby secured, including future advances, and any extensions or renewals thereof in accordance with the terms, and provisions thereof, and* if said mortgagor S. shall comply with all the provisions of said note and of this mortgage, then these presents shall be void; 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 option, declare the whole of said note and all indebtedness represented thereby to be imediately due and payable, and may foreclose this mortgage or take am ny other legal action 'to protect its right, and from the date of such default all items of indebtedness' secured -hereby shall.draw interest at 9% per annum. Approisement waived This mortgage shall be binding upon and shall enure to the benefit of the heirs, executors, administrators, successors and asslg'ns'of the respective .,parties hereto. IN WITNESS WHEREOF, said. Mortgagor 5 have_ hereunto set hand sem_ the day and:year first above written. mt i ier.