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FAOhL IIII TAI NR @!_qMK KNOW All MEN BY THESE PRESENTS. V@ .10007 THAT L,utt & Itx1a M. Lutt i[husband & wife) 523 N_ Custer Grand Island NE 68801 1Mtttoaaotsaj11dd111OI�i8landCOlMy ta�lll *'� i�cctducts: Lz:. _ of 1500 E Army post Rd., Des Moines, IA TIIMfpgM_,W she Petite" of a caUM tome hnprovemerlt,Retail Installment Sale AQrce�settt therttinatter called Agrantontl executed RY 320 Mara/ ors bailing even data herewith and payable to the Mortgagee in the amount of Five thousand eight hundred and no /100 Dollar$ (S 5800.00 ) as eWdd+ced by and p yaW unNr tltf forms of fl7e said Agteemerit, the following described premises situated in }hall Gouaty, Mobtaska. to wit: (Law Description) Lot 210, Belrnont Addition to the City of Grand Island, Ha-1 County, Nebraska. Vkra 523 N. Custer, Grand Island NE 68801 !state! t2ip) ,street) iCityt Tint the intention herein is to convey hereby an absolute title in tee simple including all the rights of homestead and dower, tO the said Mortgagee, its that they have the right to sell and convey the said premises successors and assigns That the said Mortgagors represent to and covenant with the Mortgagee WW that they will warrant and defend tree said premises against the lawful claims of all Persons - That the Mortgagors do hereby release all rights of homestead and dower and all rights of distributive snare and other rights in and to said promises• That their heirs. successors or assigns shall pay or cause to be paid to the Mortgagee, its these presents are upon the expressed condition that if the said Mortgagors. assigns the amount specified above according to the tenor and effect Of the said Agreement of the said Mortgagors, then these presents heirs, successors or would be void. otherwise to be and remain in lu ?l force and effect This mortgage snail stand as security for said Agreement and for any and all future advances made by the Mortgagee to the tAortgagOrs That the Mortgagor; further agree that taxi will pay ali taxes and assessments levied against said real estate before the same become delinquent and will an insurance poky stowing arty loss payable to the parties aS iMerests may Will the betldngs on said premises in good state of repair and Cully covered with become due and that failure to do so stall give the Mortgageethe right to declare the appear, and will make the payments promptly as herein agreed as the same due and at once and to foreclose upon the property and in that event a reasonable amount shall be paid by the v tell sum joss,"arned charges. payable Mortgagors as attorney fees and the costs of foreclosing That the Mortgagors furiner agree that they 'will pay all taxes levied upon this mortgage or the debt secured thereby, together with any other taxes or the said Mortgagee Or the legal holder OIL the said Agreement on account of this assessments which may be levied under the laws of Nebraska. against indess in the event tnat the Mortgagots shail faii to keep and perform any covenants herein contained, the holder hereof shall have the option to declare the whole of failure or default, and may maintain an action at taw or equity to recover the said aodebtadness. less unearned charges. due and payable at any time after such same, srid the Commencement of such action shall be the only notice of the exercise of said option required. tN TESTiMONY WHEREOF, Joel D. Lute b Iona M. Lutt ( husband & wife) hereunto . !'io��rtbt i .19 8' ilY'il.�arid 8 this 11th day of —, --- J , gow ! ` Count yol C+n an.c filth as y �° NOVerttbei -__ n p 1985 t caare me a Notary Puhi +c rn and fix the 3m � ��-.„ry : cisvnaily r ame tt e above named f 37 Iutt 6 Irma M r_utt .�husband_b wife) on."*nif) rffl �e the Atlpin,alpelson __.-_ whose name _ ._:.�__.. n1lrxPd t� t,e aucvr rztrument as granln+ .._ . ti and w i i dr.;:.w !m _a_ _ vOIVII !y a'.. 3110, Iota NOW a" Mir