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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 />