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4ORTGAGE—Savings and Loan Form—Mirect Credit Plan) '255-2 (Special)
<br />MORTGAGE
<br />010776
<br />i 5th
<br />THIS INDENTURE, made this day of Noyem��r 19_715� by and between
<br />ROBERT E. DREHER AND ANITA SUETP D =ER, as husband andk-�ife, eac�ll 4 his and.h6r'oiqn
<br />right and as spouse of the other,
<br />Of TTP.1 I
<br />ounty, Nebraska, as �mortgagor--a-, and Home Fe Ic ral Savings!anid I.Tan Association -of Grand Island,
<br />a corporation organized and existing under the laws of No : braska with Its principal office and place I ofibusuiess at Grand Island,'. Nebraska,
<br />as mortgagee;
<br />WITNESSETH: That said mortgagor—, for and in consideration of the sum of
<br />THIRTY THOUSIOTI) AND N01100 - - - - - - - - - - - --- 7 30,0.00--00
<br />n aro (S—
<br />the receipt of which is hereby acknowledged, do by these presents mortgage �an, jw=ant u. I to I scril mortgagee, its successors and
<br />assigns, forever, all the following des&ribed real estate, situated in the county of— Hall
<br />and State of Nebraska, to -wit:
<br />LOT 12, IN Le IIEIGIH�S FOURTH SUBDIVISION, PART OF 1111-1i.1K f&M-1-1,
<br />OF�S CTION 11
<br />TOIAITSHIP 11, NORTH, R]II1,TGE 10, I. -TE, ST OF 6th P.M. , I ILL COU11,1917, NIEBRASKAi i
<br />Together with all heating, lighting, and plumbing equipmbnt and fixtures, including 61
<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 Jitle to the name. Said mortgc
<br />that + bo -.Ir at th
<br />c delivery hereof, the I awful owner- S_ of the promi
<br />seized of a good and indefeasible estate of inheritance therein, free and: clear of all en
<br />defend the title thereto forever againsl the claims and demands of all persons whomso I (
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the
<br />THIRTY THOUMD AND 1,10/100 - - - - - - - --
<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 terms and conditio�
<br />hereby incorporated herein by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shall
<br />mortgagor IS by said mortgagee, a4d 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 />for�o and effect between the parties hereto and their heir�, personal representatives, E
<br />hereurider, inciuding future advances, cure paid in full with interest.
<br />The mortgcigo7rg— hereby assigit to said mortgagee all rents and income ari
<br />hereby authorize said mortgagee or its agent, at its option. upon default, to take cbar(
<br />therefrom and apply the same to the payment of interest, piincipal, insurance premiums',
<br />sary to keep said property in tenantable condition, or to other charges or payments prc
<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 foreclosuroi
<br />X The failure of the mortgagee to assert any of it s rights hereunder at any time s a
<br />the same at any later time, and to insist upon and enforc6istrict compliance with all I
<br />mortgage.
<br />S
<br />If said mortgagor shall cause to be paid to said mortgagee the entire amount
<br />of said note hereby secured, including future advances, and any extensions. or renewals th�
<br />Ahereof, and if said mortgagor S 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 from the date of Bu6
<br />shall draw Interest at 9% per annum. Appralsement waived
<br />This mortgage shall be binding upon and shall enure'lo the benefit of the heir0j,
<br />the respective pa�tles.hereto.,
<br />IN WITNESS WHEREOF, sold Mortgagor -9—h- Ve -iiereunto met their
<br />w
<br />ritten.
<br />ors!and btir6bers,- creens, awnings,! s torm windows
<br />Loth6r the same are now located'op said property
<br />hor6ditamen'ts and appurtenances t 'ereunto belong.
<br />)rS' hereby' co rena-rit with �aid mortgagee
<br />F
<br />3, above conveyed and described,.cind P -re
<br />nbrances, a�nh that ___t_ho:V will warrant and
<br />)r.
<br />ayment of the su I
<br />T 30, 000'- 00
<br />_�Dollars (S.
<br />yablo to '.said niortgageo under ;the terms and
<br />3y. said me to said mortga�eo, payable
<br />contained The terms of - scud note are
<br />secure any future advances . made to said
<br />,unt: above! stated which said morigagors, or, any
<br />or otherwi�o. TL mortgage shall rbmain in full
<br />s
<br />ces�ors and assigns, until all amo'unts secured
<br />�g at any and a I times from aih property and
<br />of said property 6nd collect all ronts and income
<br />ixes', assess'ments repairs or improvements neces.
<br />led for horclA or In the note hereby se6ured. This
<br />t. The takinj of �ossession herourider'shall in no
<br />otherwiso.!
<br />f
<br />noi he construed cis a waiver c, its right to assert
<br />terms and �rov slons of said. n6te - and of this
<br />te it hereunder. and under the tormi and provisions
<br />.of,in accordance' 'with the term land provisions
<br />this mortgage, !I an these presenti ' I shall be void;
<br />Dasession of all o! said property, and may, at its
<br />adiately due �and payable, and may- foreclose this
<br />I I
<br />default all Items of indebtedness. iecured hereby
<br />ecutors, administrators, successors 'and. assigns of
<br />ha,n s the day and y6ar first above
<br />
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