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<br />MORTGAGE 86&-100305
<br />THIS [NDSNTURE, made flue.--- -_.___. ------ 17-th______ day of tZ3[11,1dC]f - - -__. - ._._ .
<br />19.$.6_. -, by and between
<br />GARY- N._EBEL AND_LINDA_K.__EB.EL,__.HUSBAND AND_WIFE___.___ --- - --
<br />of Hal 1 - County, Nebraska, as mortgagor _ S m
<br />, and Hoe Federal Savings and Loan Association of Grated island, a corporation
<br />organized and existing under the laws of the United States of America with its principal office and plate of business at Grand !:land, Nebraska, as
<br />mortgagee;
<br />WITNESSETH: That said mortgagor 5 for and in consideration of the sum of F T GNT tars (S 4ANf1 19 00 FN flfll 1 !1R$
<br />- -- ---- --
<br />Dollars (S 8,019.00
<br />AND NQ /100= ------ - - - - -- _ . ..
<br />r its successors and assigns,
<br />the receipt of which is hereby acknowledged, do .—by these presents mortgsseart�!�
<br />forever, all the following described real estate, situated in the County of
<br />Hall
<br />and State of Nebraska, to -wit:
<br />LOT TWENTY —TWO (22), IN ROSS— THEASMEYER SUBDIVISION, HALL COUNTY, NEBRASKA.
<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 the same are now located on said property or hereafter
<br />placed thereon.
<br />TO HAVE. AND TO HOLD THE SAME, together with all and singular the tenements, hereditament: and appurtenances vt - thereunto said
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor? hereby covenant - - with said
<br />mortgagee that the Y are . at the delivery hereof, the lawful owner S_ of the premises above conveyed and described.
<br />and __ _Are seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that _ .t. heat__ will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of _EIGHT - THOU —SI - - - -= -t
<br />NINETEEN mortgagee under the terms and DOLLARS_ AND. NO /_100_ - ----------------- - - - - -- Dollars t5_
<br />be due and payable W said
<br />-
<br />with inteest thereon, together with such charges and advances as may conditions
<br />of the promissory note of even date herewiLh and secured hereby, executed by said mortgagor S.. to said mortgagee. payable as expressed
<br />in said rote, and to secure the performance of all the terms and conditions contained therein. The terms of said note are herehy incorporated
<br />herein by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances [Wade to said martgagor..s_.
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated whirl, said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced, whether by note, look account or otherwise. This mortgage shall remain in full force and effect- between
<br />the parties hereto and their heirs. personal representatives, successors and assigns. until all amounts secured hereunder, including future
<br />advances, are paid in full with interest.
<br />The mortgagor S-. hereby assign to said mortgagee all rents and income arising at any and s11 t.imrs from said property and
<br />hereby authorize said mortgagee o r 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 payment of interest, principal, insurance premiums. lanes, assessments, repairs or improvertn•nts
<br />wry, to keep said property in tatantable condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />rent sasignment 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 />same at any later time, and to insist upon and enforce strict compliance with all the terms and provisions of said mite and (if this mortgage.
<br />If said mortgagor S shall cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and provisions
<br />of said now hereby secured, including future advances, and any extensions or renewals thereof in accordance with the terns and previsions
<br />thereof, and if said mortgagor S. - shall comply with all the provisions of saki note and of this mortgage, then these presents shall be void:
<br />otherwise W remain in full force " effect, and said mortgagee shall be entitled to the possession of all of said property, and may. at its ofrt.ion,
<br />declare the whoa of said rate and an indebtedness represented thereby to be immediately due and payable, and may fonrloew this mortgage
<br />or take any other al action to protect ita right. Appraisement waived.
<br />This in( e,4hall be binding upon and shall enure tee the benefit of the' heirs• erxecutexn, administrators, successors and assigns of the
<br />respective' iea; trek).
<br />IN W Tf, f, S WI (�ia' yortgagur S ha V(. hereunto raid th @,7Y' brand /S tfet day and pour first aho"
<br />written. i J '� 1
<br />MY H
<br />R
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