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MORTGAGE—Savings, and Loan Form—(Direct Credit Plan) 255.2 (Special) <br />MORTGAGE <br />Loan No <br />THIS INDENTURE, made this- 28th cry of Octob 75 <br />------- _d 19_";L� by and between <br />VIOLET ELLEN-BRUNDIGE, A SINGLE PERSON <br />Of Ha I I <br />—County, Nebraska. as mortgagor and Home 0 d 'ral Savings and Loan 'Association of Grand Islarid, <br />I j C <br />o'corporation organized and existing "der the laws of -Nebraska with'ita principal fl and place of businens at Grand Island, Nebraska, <br />as� mortgagee; <br />WITNESSETH: That said mortgagor for and in consideration of the sum o <br />TWIENTYT�EIGHT THOUSAND AND NO/100 ----------- — — ------ ----i�ollars (s28,000-00 <br />the receipt of which is hereby acknowledged, do— by those presents mortgage an w ant unto scd� mortgagee, its successors and <br />assigns, forever, all the following described real estate, situated in the`county of— lid �a <br />and State of Nebraska, to -wit: <br />LOT NINE (9), BLOCK TWO (2.), ISLAND,ACRES NU(ViB:-R TWO (2), A REPLAT <br />OF LOTS ONE ff), TWO My- THREE (3)1 FIVE (5), SIX (6),:AND SEVEN (7), <br />ISLAND ACRES, CITY OF GRAND ISLAND,'HALL COUN A:. <br />Together with all heating, lighting. afid plumbing equipment and fixtures, including n okerp and burners, -screens, awnings,'storm windows <br />and doorS, and window shades or blinds, used on or in connection with:said property. hethtir the same etro now located on' said property <br />or hereafter placed thereon. <br />TO HAVE AND TO HOL I D THE SAME, together with 'all and singular the tenements, ere�itaments and appurtonances.therounto belong- <br />ing, -or in anywise appertaining, forever, ana warrant the title to the same. Said mortgag r 1 hereby colvenant with said mortgagee <br />tha,t' __�_ho S at the �elivery hereof, the lawful owner of the prernise ab�vo conveyed: and described, dnd: S <br />t <br />I <br />w <br />s Zzed of a good and indefeasible estaie of inheritance therein, free andclear of all encumbrances, and th t --She_ will. warrant and <br />Lefe.nd the title thereto forever against"tho claims and demands of all persons whomsoevar. <br />PROVIDED ALWAYS, and this in strument is executed and delivoied to secure th y crym6nt of the sum' of <br />-TWENTY-EIGHT THOUSAND ANb NOIIOO -------------- -------- - - - - - - =Dollqr. (s_28,00100 <br />with I interest thereon, together with su6h charges and advances as may, be due �and' �c yabl'o to said mortgagee under khe terms and <br />conditions of the prornissory note of 'even date herewith and secu.red,�ereby, executed 3y said mortgagor�- to said mortgagee, payable <br />as ' expressed in said note, and to secure the performance.of all the terms and condition's 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 shall also necilro any future advances 'made to said <br />mortgagor by said mortgagee, and any and all indebtedness in addition to the anic unt, above" stated. which said mortg'agors, 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 heiri, personal representatives. successors and assigns, until all amounts secured <br />hereunder. including future advances, are paid in full with interest. <br />:,The 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 agent, at its option, upon default, to take charde�of said property'.and collect all rents and income <br />therefrom and apply the name to the payment of interest, principal, insurance premiums, t �xejl assespinents, repairs or improvements neces. <br />nary to keep said property in tenantable condition, or to othor charges or payments pro 1 ed for herein or in the note hereby' secured. This <br />ent'assIgnment shall continue in force until the unpaid balance oi said note is fully Pat The taking of possession hereunder 'shall in no <br />manpor prevent or retard said mortgagee in the collection of said sums by foreclosur 6r otherwise. <br />The failure of the mortgagee to assert any of ith rights hereunder at any timo shall icit IJe construed as a waiver of its right to assert <br />the same at any later time, and to iniist upon and enforce strict compliance with 'all the terriis and provisions of said note � and of this <br />mortga�o. <br />If said mortgagor shall caus6. to be paid to said mortgagee the entire amount due It hereunder, and under the torms and provisions <br />of adid note hereby secured, including future advances, and any extensions or renewals the'r6of Iii accordance with the terms and provisions <br />thereof, and if said mortgagor shall comply with all the provisions of said note Cmd of this,mortgage, then these presents iliall be void; <br />otheiwise to remain in full force *and effect, and said moitgagee shall be entitled to the possession of all of said property, c�d may, at Its <br />9ption, declare the whole of said note'and all indebtedness represented thereby to be Immediately due and payable, and mcryforecloso this <br />mortgage or take any other legal action to protect its right, and from the date of such , ef.ault all Items of indebtedness secured hereby <br />Appraisement waived. <br />shall draw interest at 9io per annum. <br />This mortgage shall be binding upon and shall enure to the benefit of the heirs, . ex cutc, . ra, administrators, successors 'and -assigns of <br />the respective parties hereto. <br />IN WITNESS WHEREOF, said Mortgagor ___haS hereunto 'set hpr� hanS the day and ye�r.!irst above <br />written, <br />Violet Ell' n Brundige,�,Va-singlelp.e.rson <br />