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MORTGAGE—Savings and Loan Form—(Dlrect Credit Plan), 255-2 (Special) <br />MORTGAGE <br />1P0 <br />Loan No_ <br />010777 <br />THIS INDENTURE, made this 5th I day oL November� <br />19-751- by and between <br />PATRICK J. SWEENEY AND PAMELA E. SWEENEY, HUSBAND AND WIFE:, AND WILILIAM.W. 'MARSHALL 111, <br />I I <br />AND SHAR014 LEE MARSHALL, HUSBAND AWWIFE, AND LAWRENCEIE.:HUWALDTIAND ANNA M.: HUWALDT, <br />HUSBAND AND WIFE, ALL IN THEIR OWN RIGHTS AND AS SPOUSE) OF THE OT ER, <br />of Hall County. Nebranka, � mortgagor -L arid Home F dural So I ' Ind o�n Association of' Grcmd Island, <br />as 10 vings 9 <br />a corporation organized and existing under the laws of Nebraska with its principal ofii6a and placo'of business at Grand Isfand,: Nebraska, <br />as mortgagee; <br />WITNESSETH: That said mortgjagor_�_ for and in consideration of the sum <br />---------------- ------ <br />FIFTY THREE THOUSAND AND NO11OO ----- liars (S 53, 000." 00 <br />the receipt of which is hereby acknowledged, do— by those presents mortgago and warrant unto said mortgagee, its. successors and <br />1:HaI I <br />assigns, forever, all the following described real estate, situated'in the county of <br />and State of Nebraska, to -wit: <br />q <br />THE WEST 104.FEET OF THE SOUTH 148 FEET OF BLOCk Six (6 PLEASANT HOME <br />SUBDIVISION, OF A PART OF THEiEAST HALF OF THE SOUTHEAS UPRTER (E -LSE -D'; <br />T� ? 4 - <br />OF SECTION TWENTY-ONE (21) TOW'NSHIP ELEVEN (11) IIORTH, RANGE NINE (9)' <br />WEST OF THE 6TH:P.M. IN HALL �IOUNTY, NIBRASKA. <br />Together with all hooting. lighting, and plumbing equipmont and fixtures, including tc 'kers and bumers screens, awningii,1 storm windows <br />and doors, and window shades or blinds, used on* or in c6nnection with said prop orty, v he&r the �aino 'are now located o� � �aid property <br />or -hereafter placed thereon. <br />TO HAVE AND TO HOLD THE �ATI together with a! 11 and singular the tenements hor6ditarnefrits an appurtenances tfiereunto belong. <br />ing, or in anywise appertaining, foreyer, and warrant the title to the same. Said mortgai; ors�; hereby C onant with:sa,id mortgagee <br />that _t ho__�re S na-are <br />at the delivery hereof, the lawful owner of the premis2s above conveyo and described,'a <br />seized of a good and indefeasible estate of inheritance ther'ein, free and clear of all enLimbrances, F! n h t <br />d tT ____hoY__ ill'warrant and <br />W�l <br />defend the title thereto forever against the claims and demands of all persons whoms8ever. <br />PROVIDED ALWAYS, and this instrument is exec'uted and delivered to secure the�payrnent of'th3 sum of <br />FIFTY THREE THOUSAND ANb NO/100 <br />7 — — — — — — — — — — — — — — — — — — -T — — 7-- <br />(s53,000.'00 <br />with interest thereon, together with such charges and advances as ma)(, be duo andl payable to said mortgages under "the terms and <br />conditions of the promissory note of. even date herewith and secured hereby, executed by said mortgagor I; to said mortgagee, payable <br />as expressed in said note, and to secure the performance of all the torm.5 and conditions contained thorcin. The terms Pf' 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 als6 - secure any future adv ances �Xna�do. to said <br />mortgagof; by said mortgagee, and any and all indebtedness in addition to the amount above�state which said mo.rtgagors, or any <br />of them, may owe to said mortgagee, however ovidencod, Mhethor by note, book account or otherwiss. T is mortgage shalI remain in full <br />force and effect between the parties -hereto and their heirs, personal representatives, Is� �ccsi;ors and ass gns, until all amounts secured <br />hereunder, including future advances, are paid in full with mterest. <br />The mortgagor IS hereby assign to said mortgages all rents and Income axis!n4 at any arid all times' from said property and <br />hereby authorize said mortgagee or its agent, at its option, upon default, to take chaig? of said property and collect all'reints and income <br />therefrom and apply the same to the payment of interest, piincipal, insurance premiums, axes, assess'nients repairs or impr6Vements neces. <br />sary to keep said property In tenantable condition, or to other charges.or payments pro Ided for herein or n the note herebi secured. This <br />rent assignment shall continue in force until the unpaid balance of said note is fully �a d. The 'taking of, possession hereufid6r shall in no <br />manner prevent or retard said mortgagee in the collection !of said sums by foreclosurelo btherwis6 I <br />The failure of the mortgages to assert any of Its 'rights hereunder,at any time shall not be consirued as a waiver of it; right to assert <br />the same at any later time, and to insist upon and enfor6c' strict compliance with all ',tho terms and pro� sions of said n6to and of this <br />mortgage. <br />If said mortgagor -5 shall cause to be paid to said �mortgagec the entire amount c ue It hereun�dcr, ar d under the term is and provisions <br />of said note hereby secured, Including l'uturo advances, and any extensions or renewals the eof 'In accordance 'with the terms and provisions <br />thereof, cmd if said mortgagor S shall comply with all the provisions of said note and of this mortgage, t1len these present's 'shall be void: <br />otherwise to remain in full force 'and effect, and said mortgagee shall be entitled to the of bErLd may, at its <br />'Option, declare the whole of said note and all Indebtedness represented thereby to be edlately d6 'land payable, and ��c.ry. foreclose this <br />I f indebtedness 'secured hereby <br />mortgage, or take any. other legal action to protect Its right, and from -the date of su�h, default all,' Items <br />shall draw interest at 9% per annum. Approisement waived. <br />This mortgage shall be binding upon and shall enure Ito the benefit of the heirsJ executors, administrators, successors'and assigns of <br />th6. respective parties hereto. <br />I� WITNESS W"OF, said Mortgagor L -lin ve hereunto set the i r I I ''ciJ th day and year,*first above <br />rill <br />Trick/7 1) e�$j William W. lvlarstiaW I I I wrence E.�Huwaldf/, <br />17 v <br />,Y. aron Lee Marshal Anna.M. HtJWq1dT <br />i C3118-VICI r- awuul <br />�217777 <br />