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MORTGAGE --Savings and Loan Form--(Dired Credit Plan) 255-2. (Special)
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<br />0 9926 MORTGAGE
<br />Loan No
<br />THIS INDENTURE, made this 22nd day of September i915 by and between
<br />E. T. PLACZEK AND CLARIBEL PLA6ZEK, husband and wife, each in his and her own ri�ht-
<br />and as,.Spouse of fhe other,
<br />of Ha 1. 1 County, Nebra I ska, as mortgagor -L- and Home'�ederal 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 mortgagor�._ for and in consideration of the sum 0!
<br />Nl'l'jE THOUSAND . AND 110/100 --------- --------------------- ; ------------- ollars (S 90000,00
<br />the receipt of which is hereby acknowledged, do— by these presents mortgage. and warrant unto said mortgagee, its successors and
<br />assigns, *foreve . ri all the following described real estate, situated in th . e county of Hall
<br />and State of Nebraska, to -wit:
<br />ALL OF LOT 2, EXCEPT THE EASTERLY SIX (6.0) FEET OF THE NORTHERLY
<br />ONE HUNDRED THREE (103) FEET AND THE EASTERLY.THIRTY SEVEN (37.0)
<br />FEET OF THE SOUTHERLY TWENTY NINE (29.0) FEET THEREOF IN BLOCK
<br />NI.NETY-TWO (92) IN THE ORIGINAL TOWN, GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />Together with'all beating, lighting, and plumbing, equipment and fixtures, including stokers and burners, screens, awnings, storm windows
<br />and doors, and.'win'dow 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 />T . 0- HAVE -AND TO HOLD THE SANE, 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 same. Said mortgagor__�_ hereby covenant with said mortgagee
<br />that t he --- Y_ R re at the delivery hereof, the lawful ownerS— of the premises above conveyed and described, andaLre
<br />seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that --the Y will warrant and
<br />defend the title' thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and thip instrument is executed and delivered to secure the payment of the sum of
<br />NINE THOUSAND -.AND NO/100-7 --------------------7----- ----------- 9,000.00
<br />Dollars (S
<br />with interest thereon, together with. such charges and advcmces as may be due and payable to said mortgagee under the terms and
<br />conditions of the promissory note of e . ve . n date herewith and secured hereby, executed by said mortgagor_�__ to said mortgagee, payable
<br />as expressed in said note, and to secure the performance of all the terms and conditions contained therein. The terms 'of said note are
<br />hereby incorporated herein by this reference.
<br />It is the intention and agreement of, the . parties hereto that this mortgage shadl also secure any future advances made to. said
<br />mortgagor_�__ by said mortgagee, and cmy 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 />Th6 mortgagor�.� hereby 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 ageni, 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 oi said note is fully. paid. The taking of possession hereunder shall in no
<br />manne� prevent.or retard said mortgagee.in the' collection of said sums by foreclosure or otherwise.
<br />The failure *of' the mortgagee to assert anj of Its rights hereunder at any time shall not be construed as a waiver*of its right to assert
<br />the same,at any.later time, and to insist upon and enforce strict compliance with all the terms and provisions of said note cmd of this
<br />mortgage.'
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<br />If said mortgagor 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 extensiops or renewali thereof In accordance with the term . and provisions
<br />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:
<br />otherwise i to remain- in full force and effoct.'and said mortgagee shall be entitled to,wtho possession of all of said property, and may.'at its
<br />option, declare the ' whole of said note and all indebtedness represented theieby to be Immediately due and payable, and may foreclose this
<br />mortgag6 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 interesfat 9% per annum. Appralsement waived.
<br />This mortga'g'a shall be binding upon 'and' shall enurii to the bonefit'of the heirs, executors, adminiqtrators, succe ssors and assigns of
<br />the respective parties hereto.
<br />IN WITNESS'WHEREOF, said Mortgagor' S --ha —Ve hereunto sei their band he day and year first above
<br />written.
<br />t . i �:t- i ac7eK
<br />Glaribel F11aczek
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