MORTGAGE—Savings and Loan Form--(Dired Credit Plan) 255-2 (Special)
<br />1P0
<br />MORTGAGE
<br />Loan No
<br />THIS INDENTURE, made this 22nd d ay of Octobe- 19—ZL by. and between
<br />!LONNIE R. KOPECKY AND CONNIE J. KOPECKY, husband and wife�, each in his and her own
<br />:right and as spouse of*the other,.
<br />c
<br />Of Hall
<br />—County, Nebraska, as mortgagor_� and Home Federal Savings and Loan Association of Grand Island,
<br />a. corporation organized and existi ng under the laws"o.f- Nebraska with its principal off co and place of business at Grand Island, Nebraska,
<br />as mortgagee;
<br />WITNESS'ETH: That said mortgagor_L for and in consideratioti of the sum of-
<br />-7; Ar
<br />TWENTY-SEVEN - THOUSAND FOUR HUNDRED F I FTY AND NO/ 100----"' -2 in On
<br />the receipt of which is hereby acknowledged, do— -by these pron6;ts mortgage
<br />assigns, forever, all the following described real estate, situated in thb county of—
<br />and State of Nebraska, to -wit:
<br />['.warrant unto said mortgagee, its successors and
<br />Hal I
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<br />LOT THIRTY'NINE (39) IN ANDERSON SECOND SUBDIvis'16N, IN THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Together with all heating, lighting,- and plumbing equipment and fixtures, including i
<br />and doors, and window shades or blinds, used on or in connection with said property,
<br />or hereafter placed thereon.
<br />TO HAVE AND TO HOLD Tkl�'. SAM, together with all and singular the tenemon
<br />ing, or in anywise appertaining, forever, and warrant the title to, the same. Said mortg,
<br />that --ft—hey— at the delivery hereof, the lawful owner -5— of the prem
<br />seized of a good and indefeasible e'stato of inheritance -therein, free and clear of all er
<br />defend the title thereto forever agai.nat the claims and demands of all *persons whomso
<br />PROVIDED ALWAYS, and this' instrument is executed and deli�ered to secure thi
<br />TWENTY-SEVEN THOUSAND-�FOUR HUNDRED FIFTY AND NO/100----
<br />with interest thereon, together with 'such charges and advances as may be duo and
<br />conditions of the promissory note 6f even date here"th and secured hereby, execute
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<br />as expressed in said note, and to secure the performance of all the to�ms and conditior
<br />hereby incorporated herein'by this.xoference.
<br />It is the.intention and agreement of the parties hereto that this mortgage shall al.
<br />z�ortgagor_.�i_ by said mortgagee, :and any and all 'indebtedness In. addition to the a
<br />of them. may owe to said mortgagee, however evidenced, whether by note, book accot
<br />force and effect between the parties hereto and their heirs, personal, representatives,
<br />hereunder, I.ncluding future advances, are paid in full with interest.
<br />The mortgagor 5; hereby ass 1 1 gn to said mortgagee all rents and Income ari
<br />hereby authorize said mortgagee or Its agent, at its option, upon default, to take chan
<br />t.herefrom and apply the same to the payment of interest, principal, insurance premiums,
<br />sary to keep said property in tenantable condition, or to other charges or payments pre
<br />rent assignment shall continue in force until the unpaid balance of said note is fully p
<br />manner prevent or retard said mortgagee in the collection of said sums by foreclosure
<br />The failure of the mortgagee to assert any at its rights hereunder at any time-sha
<br />the same at any later time, and to !insist upon and enforce strict compliance with all t
<br />mortgage.
<br />If said mortgagor.��_ shall caiise to be I paid to said mortgagee: the entire amount
<br />of said note hereby secured, including future advances, and any extenslo*hs or renewals th
<br />thereof, and If said mortgagor 55 shall comply with all the provisions of said note and
<br />otherwise to remain in full force 'and effect, and said mortgagee shall be entitled to the
<br />option, declare the whole of said note and all Indebtedness represented thereby to be it
<br />mortgage or take any other legal action to protect Its right, and fro , m' the date of mud
<br />shall draw interest at 9% per annum. Apprainement w6ived.
<br />Thin mortgage shall be binding; upon and shall enure to the benefit of the heirs,
<br />the respective parties hereto.
<br />IN WITNESS WHEREOF. said Mortgagor S_h" VP hereunto s 8�t thp
<br />written.
<br />Lonn i e
<br />..Connie J.
<br />)kern and b'urners, screens, awnin'gs,: stor7n windows
<br />�hether the same are now located on said property
<br />he reditaments cmd appurtenance
<br />thereunto belong
<br />jor—LS— hereby covenant S with said mortgagee
<br />es above conveyed and described, and R 17P
<br />ambrances, and -that will warrant and -
<br />payment of the sum of
<br />------- 27,450. 00
<br />ollars (S—
<br />ayable to said mortgagee undor. the term and
<br />by'said mortga4or__.�!__ to said mortgagee, Payable
<br />contained therein. The terms 'of said note are
<br />o s6curo any Auture advances made to 'said
<br />,.ount above stated which said ra I ortgagors, �r any
<br />,t or otherwise. This mortgage shall remain in full
<br />ccessors and assigns, 'until all I amounts secured
<br />ng at any and all times from iaid.property and
<br />� of: said prope5y and collect alP rents and Income
<br />!axe6, assessments, repairs or improvements neces-
<br />Ided for herein or in the note hereby secured. This
<br />d. The taking of possession hereunder shall in no
<br />otherwise.
<br />'not be constru6d as a waiver oft:'its right to assert
<br />3 terms and provisions of said:note and of this
<br />ue It hereunder, and under the terms and provisions
<br />vof � In accordance with the terms and provisions'
<br />I this mortgage, then these presents shall be void:
<br />)oesession of all of said property. an . d may, at its
<br />nediately due and payable, and may foreclose this
<br />default all Items of indebledne -"cured hereby
<br />tecu : torn, administrators, successois and assigns of
<br />hemils the dary, and'. year first above
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