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<br />MORTGAGE 86 - 100257
<br />19 _5g by and between
<br />THIS INDENTURE, made this 19it1_.. day of__ -. dRU&f"y- _- ._._____
<br />�R� .L__ NEW} i40SE_ QhD_pLYLI_IS.O�-_NEWHOUSEL._Husband and
<br />_ Ha l I County, Nebraska, as mortgagor S and Home Federal Savings and Lout Association of Grand Island, a corporation
<br />of organized and existing under the taws of the United States of America with its principal office and place of business at Grand Island, Nebraska, as
<br />'ar p"e' TWENTY FOUR THOUSAND FIVE HUND-
<br />WI7NESSETH: That said mortgagor- _5. - -, for and in consideration of the sum of
<br />-- _ - - - - -
<br />24,513.50 _ ).
<br />_gCQ_THIR1JM OflLLARS AND �
<br />50�0- -- =r
<br />G
<br />the receipt of which is hereby acknowledged, do
<br />—by these presents mortgal� ill Vio"'fic" s.. its successors and sssigra,
<br />forever, all the following described real estate, situated in the County of - --
<br />and State of Nebraska, to -wit:
<br />LOT FOUR (4), BLOCK FOUR (4) IN COUNTRY CLUB SUBDIVISION, BEING PART OF THE EAST HALF
<br />WO OF THE NORTHWEST QUARTER (NWQ OF SECTION TWENTY EIGHT (28), TOWNSHIP ELEVEN (11),
<br />RANGE NINE (9) WEST OF THE SIXTH P.M.
<br />Together with all heating, air conditioning. lighting, and plumbing equipment and fixtures, including screens. awnings, storm windows and
<br />doors, and window shades or blinds, used on or in connection with said property, whether Lhe same are now located on said property or hereafter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THF: SAME. together with ea and singular the tenements, herediwments and appurtenances therPUnw be-
<br />TO
<br />or in anywise appertaining. forever, and warrant the title to the same. Said morKagor. 5_ hereby covenant with said
<br />_
<br />mortgagee that t he Y are , at the delivery hereof, the lawful owner S of the premises above conveyed and described.
<br />are seized seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that __.the y_. will
<br />warrant and defend the title there[) forever against the claims and demands of all persons whomsoever. TWENTY FOUR THOUSAND
<br />PROVIDED ALWAYS, and Lhis instrument is executed and delivered to secure the payment of the sum of 24 513.50 _ __
<br />FIVE HUNDRED THIRTEEN DOLLARS AND 50/ 100------------ ----IMllars{g_ -
<br />_ _
<br />with interest thereon. together with such charges and advances as may be due and payable tar said mortgagee under the terms and con hums
<br />of the promissory' note of even date herewith and secured hereby. executed by said mortgagor S - .. to said mortgagee, payable as expressed
<br />in Said note, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />herein by this reference.
<br />It is the iatent.ion and agreement of the parties hereto that this mortgage shall also secure any future advances made w said mortKagntSe' err
<br />by ,yid mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors, or any of them, may .
<br />raid n,ortgagoe, however evidenced. whether by rote• back account or otherwise. This mortgage shall remain in full force and effect twtwfs•n
<br />and their heirs. personal representatives, successo
<br />Mon-
<br />the parties hereto rs and assigns, until all amounts secured hereunder, including pastas)•
<br />advances, are paid in fu{: with interest.
<br />The trrortogor S hereby assign to said mortgagee all rents and income arising at any and all flinch from said property and
<br />hereby wthorue acid rortgagee or its agent, at its option, upon default, to take charge of said property and collect all rents and income
<br />therefrom and apply the same to the psyrnent of interest, principal, insurance premiums. taxes. assessments. repairs or improvements
<br />new—gy to keep said propet'tY la twtaatabla Condition, or to other charges or payments provided for herein or in the mote hereby secured. This
<br />reM assignatent shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manner
<br />prevent or retard Said mortgagee in the collection of said sums by foreclosure or otherwise.
<br />The failure of the mortgagee to assert any of its rights hereunder at any time shall not he construed as a waiver of Its right to assert the
<br />Maine at any later Lime. and to insist upon and rnfora• �tnct compliance with all the terms and provisions of said note and of this mortgsgP.
<br />If said mortgagor 5 shall cause to be pail w stud mortgagee the Pull"' Amount due it hereunder, and under the terms and provisions
<br />of said now hereby secured, incladhag future advance. Read any extens.ons , rwwwal.• thereof in sccordarwe with the terms and provisions
<br />t►tRsol, Mad d staid mongtiow 5 sbag comply with all the prrrviaiohs of std note and of this mortgage. then these presents shall he void:
<br />otherwise to rneeaia is ttalh force soil effect, tad sad mor4taga' =,ra11 ire entidod to the possesson of all of said property, and may, at its eeptktn.
<br />otherw Una reed- of said rote and all indatitedttees repres, oted thereby to he imrnntfietrly due and payable. amp may fon•close this mortgage
<br />dedism or other any otl legal action w protect ita right ApWaixment waived.
<br />This mortgage shell be binding utxm std shall enure u, dw benefit of the heirs, 4- Mw'1t•rrs. administrators, vuccrssurs easel assigns of the
<br />nrnsprntive ponies hereto.
<br />IN WITNIVlti Wihh;Hhf)F'i sad Mort¢prxor S have
<br />hrrruatr, tire. the h' band g Ihe• ilea and year firm uho
<br />• ��C' * r�.: /..sic! o i
<br />PHYLLIS 0. NEWHOUSE
<br />RICHARD 1'. EWNOU`iE
<br />R
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