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MORTGAGE—Savings and Loan Form—Wirect Credit Plan) 255-2 (Special)
<br />MORTGAGE
<br />THIS INDENTURE, made this 31 st flay Of
<br />DUANE R. HELMINK AND CONNIE A. HELMINK, husba�
<br />I HALL County, Nebraska, as mortgagor q and Home
<br />a corporation organized and existing under the laws of Nebraska with Its principal
<br />as mortgagee;
<br />WITNESSETH: That said mortgag orS , for and in consideration of the sum i
<br />the receipt of which is hereby acknowledged, do— by these presents mortgage
<br />assigns, forever, all the following described real estate, situated in tho.county of—
<br />and State of Nebraska, to -wit:
<br />LOT FIVE (5) IN BLOCK TWO (2) REPLAT OF RIVERSI
<br />HALL COUNTY, NEBRASKA.
<br />a
<br />Together with all heating, lighting, and plumbing equipment and fixtures, including
<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 THE SAME, together with all and singular the tenement
<br />ing. or in anywise appertaining, forever, and warrant the title to the same. Said mortg 11
<br />that __t he__y are I
<br />at the delivery hereof, the lawful owner -3- of the pren',ii
<br />seized of a good and indefeasible estate of inheritance therein, free and clear of all en
<br />defend the title thereto forever against the claims and demands of all persons wbo=4:�
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure th I c
<br />with interest thereon, together with such charges and advances as may be due 'and
<br />conditions of the promissory note of even date herewith and secured hereby. execute
<br />as expressed in said note, and to secure the performance of all the forms and conditior'
<br />hereby incorporated herein by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shall J I i
<br />mortgagor_�__ by said mortgagee, and any and all indebtedness in addition to the a
<br />of them, may owe to said mortgage6, however evidenced, whether b� note, book accot
<br />force and effect between the parties hereto and their heirs, personal representatives,
<br />hereunder, including future advances, tire paid in full with interest.
<br />The mortgagor S hereby assign— to said mortgagee all rents.and income ar'i
<br />hereby authorize said mortgagee or its agent, at its option, upon default, to take char(
<br />th6refrom and apply the same to the 'payment of interest, principal, insurance premiums,
<br />nary to keep said property in tenantable condition, or to other charges or payments pr
<br />rent assignment shall continue in force until the unpaid balance oi said note is fully
<br />manner prevent or retard said mortgagee in the collection of said sums by foreclosure
<br />The failure of the mortgagee to assert any of iis rights hereunder at any time sh
<br />the same at any later time, and to insist upon and enforce strict compliance with all t
<br />mortgage.
<br />S
<br />If said mortgagor shall cause to be paid to said mortgagee the entire amount
<br />of said note hereby so�urcd, including future advances, and any extensions' or renewals th
<br />thereof,,cmd if said mortgagor__L,__ shall comply with all the provisions of said note and
<br />P
<br />I
<br />otherwise to remain in full force and effect, and said mortgagee shall b ' entitled to tho'
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<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, cmd from the date of su&
<br />shall draw interest at 9% par annum. Appralsoment waived.
<br />This mortgage shall be binding uipon and shall enure to the benefit of the heirs,
<br />the respective parties hereto.
<br />IN WITNESS . WHEREOF, said Mortgagor S__ha Ve hereunto sat the�
<br />written. i
<br />Loan No
<br />19 7 5 b;y -and between
<br />each in his and he�lowh rinb
<br />al Savings and Lo6n Association of, Grand Islarid,
<br />and place of business at Grand Island,'Nebraska,
<br />warrant unto said mortgagee, its puccpasors and
<br />Hal I
<br />j
<br />AC RES, GRAND ISLAND,
<br />kers:crnd burners, screens, awnings. stormwindows
<br />hoth6.r the same are now located on said property
<br />hereditaments and appurtenances therdLinto belong-
<br />or_.�i_ hereby covenant with :said mortgagee
<br />!s above conveyed and described, 'and: a rp
<br />mbrances, and that ---the Y 'Will warrant and
<br />or.
<br />)aYmont of the sum of
<br />----Dollars (S 30 00n- 00
<br />iyablo to said mortgagee ur�dor 1,th6 terms and
<br />S
<br />by said mortgagor to said mortgagee, payable
<br />contained therein. The terms of: said note are
<br />secure any future advances made to flaid
<br />ounC above stated which said mod.gagors, or any
<br />t or'otherwise. This mortgage shall remain in full
<br />:ccs�ors and assigns, until all ainounts secured
<br />rig at any and all times from sat I d. pro'perty and
<br />of said property and collect all rents and income
<br />axes, assessments, repairs or improvements noces.
<br />[ded:for herein or in the note hereby secured. This
<br />d. The taking of possession hereunder shall in no
<br />otherwise.
<br />not be construod.as a waiver of its right to assert
<br />terms and provisions of said n9te and of this
<br />Lie it hereunder, and under the terms and provisions
<br />cof: in accordance -with the terms' andt provisions
<br />f this mortgage, than these presentb shall be void;
<br />lossessicin of all of said property, and may. at its
<br />aedl6tely due and payable, and ma_y foreclose this
<br />default all items.of Indebtedness secured hereby
<br />cecutors, administrators, successors�and assigns of
<br />band c� the day and'�eay.first above
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