|
MORTGAGE 86 -< 100508
<br />THIS INDENTURE. Casale 19,2&-, by and between
<br />of, Hal 1 County, Nebraska, as mortgagors—. and Home Federal Savings and Loan Association of (head %de d. a orxparad"
<br />or✓pstiaed and sedating under the laws of the United States of America with its principal office and place of business at Grand Idarid, Nebraska, as
<br />[mart/ sloe:
<br />NTH: That said mortgagor cFVFN THnll(;ARlf1 F VF Hllrlil
<br />S ,for and in consideration of the sum of 1 irn
<br />—
<br />TWFI VF not l ARS AN[) Q;3 l n0 -- ---- ------ - - - - --
<br />the receipt of which is hereby acknowledged, do by these presents mortgage and 'wwrast torts said teortp jba rtsss zasas and asapts.
<br />forever, all the following described real estate, situated in the County of Hal
<br />and State of Nebraska, to-wit:
<br />LOT FOUR (4) BLOCK THREE (3) COLONIAL ESTATES, CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />Togetber 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 connemion 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, heneditaments and appurtenances thereunto be-
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor .cZ _ hereby covenant ___ - with said
<br />mortgagee that _ _ -_ the y- _ __ a_r_e____ _ , at the delivery hereof, the lawful owner . S _- of the premises above conveyed and described.
<br />ard_arP ___._ seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that t heY will
<br />warrant and deed the uds 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 _ SEVEN_ THOI ]SAND
<br />FIVE HUNDRED _ Douarsts 7L512.03
<br />T�'l��ll� O9L 03/ -��8 -- -- --- —
<br />with interest Hereon, together with such c ass a advances as may be due and payable to said mortgagee under the terms and conditions
<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 nob, 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 refer .
<br />It is the Rmaation and ageuemaat of the parties hereto that this mortgage shall also secure any future advances [Wade to said mortgagor$
<br />by said wottgapte, and any and all indebtedness in addition to the amount above stated which said mortgagors, or any of them, may owe to
<br />said rior4pose, however evidenced, whether by note, book 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 imerest.
<br />The taortgagor. S hereby assign .... to said mortgagee all rents and income arising at any and all times from said property and
<br />bsraby ptthoraa said mortpgee or its agent. at its option, upon default, to take charge of said property and collect all rents and income
<br />thershm and apply the same to the payment of interest, principal, insurance premiums, taxes, assessments, repairs or improvements
<br />esces=y to keep amid property in trnrrtable condition. or to other charges or payments provided for herein or in the note hereby secured. This
<br />rem aasignswa shall coriumse m foam uata the unpaid baLnce of amid note is fully paid. The taking of possession hereunder shall in no manner
<br />prevent or reseed amid tarcrt;"a in Ube collection of said sums by foreclosure or otherwise.
<br />The fa'lrne of the mortgagee to assert any of its rights hereunder at any time shall not be construed as a waiver of its right to assert the
<br />gams at any later time, and to heeler upon and enforce strict compliance with all the farms and provisions of said rate and of this mortgage.
<br />If amid ostpWisr S shall cease to be paid to said mortgagee the entire amount due it hereunder. arid under the terns and provisions
<br />of said note booby sacuted, inchtdisrg fowre advances, and any extensions or renewals thereof in accordance with the terms and provisions
<br />!hared, red H said sastplp r —I_ shall comply with all the provisions of said [tote and of this mortgage, then than presents shall be void:
<br />mthertai" b rsimrmia is timer farms ad diem., and amid mortlpmgr a shah be entitled to the possession of all of amid property, and may, at its option.
<br />j Je , the ++1 -1of said rob ed all iaisbssdaars represented t ereby to be immediately due and payable. and may foreclose this neortgage
<br />at Mika dry odier legal amiss to protect Rte right. Apyraisoment waived.
<br />Tlra mar pW shell bee binding upon sad shall enure to the benefit of the heirs, exe+-utors, administrators, successors and assigns of the
<br />teapw ove'partiss hereto.
<br />IN WITN WHEREOF, said Mortasotor .s hr hereunto Ve . hereun se, their hand S tbs; day and year first abtwe
<br />written � �
<br />XX l.� • ,/ �'YI "'?2G�L% ,� �,.'i.l...:, oft -�`'' �.IC.Gi.F' r..-.� .�''C 3l ,t /ti(.' L✓'�
<br />'CARL A: TESMEit DEBORAH L. TESMER
<br />J
<br />
|