MORTGAGE—Savings and Loan Form --(Direct Credit Plan) 255-2 (Sl>ecial)
<br />010'670
<br />MORTGAGE
<br />THIS INDENTURE, made this 3rdday of Nov
<br />NORMAN T. ANTONSON A ND DOROTHY E. ANTONSON. husba
<br />right and as spouse of the other,
<br />of Ha I I ounty, Nebraska, as mortgagor -a-, and
<br />a corporation organized and existing under tho laws oi Nebraska with Its pri
<br />as mortgagee;
<br />WITNESSETH: That said mortgagorS , for and in consideration of the
<br />the receipt of which is hereby acknowledged, do— by these prenonts mortga
<br />assigns, forever, all the following described real estate, situated in the county c
<br />.and State of Nebraska, to -wit:
<br />LOT FIVE (5) IN BLOCK THREE (3) IN BETTER HOME
<br />ADDIT1014 TO THE CITY OF GRAND ISLAND, HALL COU
<br />Together with all heating, lighting, and plumbing equipment and fixtures, includ,
<br />and doors, and window shades or.blinds, used on or in connection with said propc
<br />or hereafter placed thereon.
<br />TO HAVE AND TO HOLD TH� SAME, together with all and singular the tens
<br />ing, or in anywise appertaining, forever, and warrant the title to'tho same. Said
<br />that t bo—y-- a re , at The delivery hereof, the lawful own'er-S- of the
<br />seized of a good and indefeasible estate of inheritance therein, free and clear of a
<br />defend the title thereto forever against the claims and demands of ail persons whc
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to socur
<br />EIGHTEEN THOUSA14D FOUR HUNDRED AND NO/1001 ---------
<br />',%vifh interest thereon, together with' such charges and advances as may be duo c
<br />co ' nditions of the promissory note of even date herewith and secured hereby, ox(
<br />as expressed in said note, and to secure the performance of all the terms and conc
<br />hereby incorporated herein by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shall
<br />mortgagor 5 by said mortgagee: and any and all indebtedness In addition to tI
<br />of them, may owo to said mortgagee, however evidenced, whether by note, book c
<br />force and effect between the parti�s hereto and their heirs, personal representativ(
<br />hereunder,. including future advances, are paid in full with interest.
<br />The mortgagor��_ hereby assign to said mortgageo all rents and incomc
<br />hereby authorize said mortgagee or its agent, at its'option, upon default, to take (
<br />therefrom and apply the same to the payment of interest, principal, insurance preml�
<br />sary to keep said property in tenaintablo condition, or to other charges or paymonti
<br />rent assignment shall continue in force until the unpaid balance of said note is ful
<br />'mannor prevent or rotard said itgagee in the collection of said surns by foreclos
<br />mor
<br />The failure of the mortgagee, to assert any.of its ri . ghts hereunder at any time
<br />the same at any later time, and to insist upon and onforca strict compliance with c
<br />mortgage.
<br />If -said mortgagor_�L_ shall cause to' be paid to sai . d mortgagee tho entire amc
<br />-of said note hereby secured, including future advances, -and any extonsio ns or renewal
<br />thereof, and if said mortgagor--' ;,--shall comply with all the provisions of said note
<br />,otherwise to remain in full force and effect, and said mortgagoo shall be entitled to
<br />option. declare the whole of said n�ote and all Indebtedness represented thereby to I
<br />mortgage or take any other logallaction to protect Its right, and from the date of
<br />shall draw Interest at 9% per qnnum. Appraisemont waived.
<br />This mortgage shall be binding upon and sball enure to the benefit of the he
<br />the respective parties hereto.
<br />IN WITNESS WHEREOF, said' Mortgagor 2--h- Ve hereunto set th
<br />written.
<br />Loan No
<br />r i 19 5 1, by and between
<br />and wife, each in hi -s- ipnd her own
<br />J
<br />3d6ral Savings ar�d.Loan Associati64 of Grand Inland,
<br />11co and place of business at Grand�lsland, Nebraska,
<br />------- ollars (s 18.,400 00
<br />id 'warrcmt unto said mortgagee, iis 'successors and
<br />11- 1 1 i . .
<br />19 stok , ors andburners, screens, owning . a, storm windows
<br />-tv, whether the same are now located on: said property
<br />ric nts, horeditaments.cmd appurtenanees' thereunto belong.
<br />)r1gqgorS hereby covenant with -said mortgagee
<br />I
<br />!eaUses above conveyed and describco, and
<br />enc'uLbrances, and that will . warrant and
<br />m vqr.
<br />t e P6,yment of the sum of
<br />!:bollars (S 18,400,00
<br />1 payable to said mortgageo under the terms and
<br />. I'od by Said mortgagor S to said mlor'tgagee, payable
<br />,ti ns contained therein. The terms 1 of Said note are
<br />ISO Secure any future advance made to ' Said
<br />a
<br />mount above stated which said r�ortgago . ra, - or any
<br />X 3unt or otherwlse.� This mortgage sWl.remain in full
<br />3, succ assors and assigns,- until all! amounts secured
<br />crising.at any and all times from �aid; property and
<br />iarge of said property and collect all rents and income
<br />ms , taxes, assessments, repairs or:irAprov6ments neces-
<br />p ovIded for herein or in the note heiaby*sccured. This
<br />aid. The taking of possession hereunder shall in no
<br />r or otherwise.
<br />3 all not be construed as a waiver'oi its'right to assert
<br />11 the :terms and provisions of said� notb and of this
<br />irit due It hereunder, and under the tolim ' 9 - and provisions
<br />thereof in accordance with the terms ciffid provisions'
<br />Lni of'this mortgage, then these presents shall be void;
<br />the possession of all of said proport�, and may. at its
<br />immediately due -and payable, and�mdy foreclose this.
<br />ch"default all items of indobtedne'si:secured hereby
<br />executors, administrators, successor&' and assigns of
<br />LrL__'_____hand S the day and year first above
<br />..uorovi i ir onson
<br />
|