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<br />Thomas J. wieck and Joyce R. Wieck, Husband and Wife
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<br />of the County of
<br />
<br />Hall
<br />
<br />Nebraska .
<br />and State o~__heremafter called the party of the first part, in
<br />
<br />consideration of Thirty Five Thousand and 00/100 ---------------------------------
<br />DOLLARS,
<br />in hand paid, do hereby grant, bargain, sell and convey unto the Home Federal Savings & Loan Association of Grand Island,
<br />
<br />Hall
<br />
<br />Grand Island, NebrllSka, and its successors and assigns, the following real estate, situated ill
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<br />County, State of
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<br />Nebraska
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<br />, , towit:
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<br />A TRACT OF LAND COMPRISING A PART OF THE NORTHWEST QUARTER (NWt) OF SECTION FOUR (4).
<br />TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF
<br />SAID NWt: THENCE RUNNING EASTERLY ALor,G THE NORTH LINE OF SAID NWt A DISTANCE OF
<br />TI1.I0 THOUSAND SIX HUNDRED FORTY ONE AND EIGHTY ONE HUNDREDTHS (2,641.81) FEET TO THE
<br />NORTHEAST CORNER OF SAID NWt: THENCE RUNNING SOUTHERLY ALONG THE EAST LINE OF SIAD
<br />NWt A DISTANCE OF NINE HUNDRED EIGHTY EIGHT AND FOURTEEN HUNDREDTHS (988.14) FEET:
<br />THENCE DEFLECTING RIGHT 133029'30" AND RUNNING NoR1HWESTERLY A DISTANCE OF SIX HUNDRED
<br />NINETY FIVE AND NINETY SIX HUNDREDTHS (695.96) FEET: THENCE DEFL~CTING LEFT 41015'40"
<br />AND RUNNING WESTERLY A DISTANCE OF TWO THOUSAND ONE HUNDRED THIRTY SEVEN AND TWELVE
<br />HUNDREDTHS (2,137.12) FEET TO A POINT ON THE WEST LINE OF SAID NWk: THENCE RUNNING
<br />Together with all the appurtenances thereunto belonging, and all covenants in all the title deeds running with said real estate,
<br />and all the rents, issues and profits arising therefrom after default in performance of any covenant or condition herein con.
<br />tained; and warrants the title thereto perfect and clear except for this mortgage.
<br />During the time this mortgage is in force the mortgagors agree:
<br />First. To pay all taxes and special assessments levied against said premises, including all taxes and assessments levied
<br />upon this mortgage, or the debt secured by this mortgage.
<br />Second. To keep all buildings thereon insured against loss by fire, lightning and tornado in some company, to be ap.
<br />
<br />proved by the said Home Federal Savings & Loan Association of Grand Island in the sum of $ insurable value for
<br />the benefit of the said Association, and its successors or assigns; and to deposit said policies with said Association, and shall not
<br />commit or suffer any waste on said premi~es, and shall put and keep said real estate buildings and improvements in good
<br />order.
<br />Third. To payor cause to be paid to the Home Federal Savings & Loan Association of Grand Island, its successors or
<br />
<br />assigns, the sum of $ Thirty Five Thousand and 00/100 ------------------------------ DOLLARS,
<br />
<br />payable as follows: 5,834.00 due February 1, 1989
<br />5,834.00 due February 1, 1990
<br />5,834.00 due February 1, 1991
<br />5,834.00 due February 1, 1992
<br />5,834.00 due February 1, 1993
<br />and the balance of
<br />5,830.00 on February 1, 1994
<br />
<br />. jsemi~annuallv
<br />with lllterest thereon payable according to the tenor and effect of the one certain first mortgage IUlte tof said mortgagors,
<br />bearing even date with these presents. After maturity said bond draws interest at the rate of ~~nt per annum.
<br />If said taxes and assessments are not paid when due, or if the buildings on said premises are not insured as above pro-
<br />vided, or if any of said Interest is not paid when due, then said whple gebt shall become due immediately, at the option of the
<br />said Association, and shall thereafter draw interest at the rate orHI~p~'Cent per annum.
<br />The mortgagcr_ hereby assigIl.- to said mortgagee all rents and income arising at any and all times from said
<br />property and hereby authorize said mortgagee or its agent. at its option, upon default, to take charge of said property and
<br />collect all rents and income therefrom and apply the same to the payment of interest, principal, insurance premiums, taxes,
<br />assessments, repairs or improvements necessary to keep said property in tenantable condition. or to other charges or pay.
<br />ments provided for herein or in the note hereby secured. This rent assignment shall continue in force until the unpaid bal.
<br />ance of said note is fully paid. The taking of possession hereunder shall in no manner prevent or retard said mortgagee in
<br />the collection of said sums by foreclosure or otherwi5e.
<br />Whether said debt becomes due by lapse of time, or by reason of the failure of the party 01 the first part to comply
<br />with any condition herein, the said Home Federal S'avings & Loan Association of Grand Island, the successors and assigns,
<br />shall have the right to begin the foreclosure of this mortgage at once on the whole debt hereby secured, and to include
<br />therein all taxes, assessments, insurance premiums and costs, paid by it or them: or said Association, its successors or
<br />assigns, may foreclose only as to the sum past due, without Injury to this mortgage, or the displacement or impairment
<br />of the lien thereof.
<br />And the said first party and the makers of said note, especially agree and declare that the separate estate of each and
<br />every one of them, including both that now owned and that hereafter acquired, is pledged and bound for the payment of
<br />tbe debt hereby secured.
<br />After the commencement of any suit in foreclosure the plaintiff therein shall be entitled to the immediate possession of
<br />said premises and the appointment of a receiver therefor, notwithstanding they may be the homestead of the occupant and
<br />notwithstanding the parties liable for the debt may be solvent, and the first party hereby consents to the appointment of a
<br />Receiver upGn the production of this indenture, without other evidence.
<br />The foregoing conditions and agreements, all and singular. being fully performed, this conveyance shall be void, other.
<br />wise to be and remain in full force and effect.
<br />
<br />15th
<br />
<br />day oL-- January _ _ _ ~ -; A. D., Ub.lli2-
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<br />Signed this
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<br />In presence of
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