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86, 100720 <br />MORTGAGE <br />5th_- day of F0r0_ry -- - - -__. ___ -- , l9 a6. by and between <br />THIS II!IDmnvj H, merle this __- .- ____ -_ -- <br />GREGORY M. GAREY, A Single Person <br />Hall and Horne Federal Savings and Loa+ Association of Grand Island, a corporation <br />Of _ County, Nebraska, as mortgagor . <br />laws the United States of America with its principal office and place of business at Grand Island, Nebraska. as <br />organized and existing under the of <br />WITNFSSETH: That said mortgagor , for and in consideration of the sum of TWO THOUSAND TEN f101 t ARS <br />AND 50/IDO -----_--_--------------------------------- Dollarscs_2.m0 sp t. <br />the receipt of which is hereby acknowledged, do E.5 by these presents mortgage and warrant unto said mortgagee, its successors and assigns, <br />in the Count, of Hall - <br />forever, all the following described real estate, situated _ <br />and State of Nebraska, to -wit: <br />c <br />LOT SEVEN (7), IN BLOCK TWO (2), HEYDE'S ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />,y <br />heating, air conditioning, lighting. and plumbing equipment and futures. including screens. awnmgs. suirm windows and <br />Together with all <br />doors, and window shades or blinds, used on or in connection with said pmperi } whether the same are now located on said property or hereatter <br />placed thereon. <br />TO HAVE AND TO HOLD THE SAME. together with all and singular the tenement=. , heredhamems and appurtenances thereunto be- <br />forever, and warrant the cur u. the it- Said morgagnr -. hereby covenant _- with said <br />longing, or in anywise appertamang, <br />�. he above conveyed and described. <br />mortgagee that he is - at the leii en h-enf, ire '-weal e premises <br />___ <br />and­ 15-_.__ seized of a good and indefeasible estate inn itau h :r re anti _ai '' all encumbrances. and that he will <br />_ <br />warrant and defend the title thereto forever against the claims and demunds of all nenotn w nnmiw"r_ <br />TjO THOUSAND <br />'s`... <br />- • .., s un• • h, Pe n nt f zhe sum of - <br />PROVIDED ALWAYS, and ths ins[riunent is ea <ruted and den r <br />ML-DOLLARS. AMD_5DI100 -- ------- - - - --- - -- - -- - n fare is 7., OI0.5A- — - - - - -- i• <br />with interest thereon, together with such charges and advances as n n: ire' kit., ,FIG ,.e. :+i,i, . �ioci m -rgaRe under tr a terms and conditions <br />of the promissory note of even date herewith and secured nerebv, ea n :, c' sec -paid mortgege'<. pnvat >lr. ore expressed <br />herebv incorporated <br />in said rote, and to secure the performance of all the terms end conaiti ns contiontiui. 1 -h-eon The 1,.ms of said note are <br />herein by this reference. <br />It is the intention and agreement of the parties hereto that this morti tlge <nal: ;::,r •:rum any furi:rr ::dvnnces made tc. said mortgagor . _ <br />by said mortgagee, and any and all indebtedness in addition to the ilro nt orb. . u - i 'car -_ fir+ " of '.hem. may awe to <br />ha full force and effect between <br />said mortgagee, however evidenced, whether by note. bark arcoum or uther i . h:. m r.t -a(.e inani a <br />hereunder. including future <br />the parties hereto and their heirs, personal representatives, successors and assign, '.:r.•.r. all amounts wecured <br />advances, are paid in fine with interest. <br />The mortgagor__ —_ hereby assign _5 -_ to said mortgagee nil rents and mcome a—ing at am- and all times from said property and <br />and collect all rents and income <br />hereby authorize said mortgagee or its agent, at its option, upon default. to take charge of stud property <br />improvements <br />therefrom and apply the same to the payment of interest, principal. insurance prranmms, taxes. assessments. repairs or <br />the hereby secured. This <br />necessary to keep said property in tenantable condition, nr to other charges or payments provided for herein or in now <br />in <br />rontinue in force until the unpaid balance of said note is fulh• Paid The taking of possession hereunder shall no mariner <br />rent assignment shall <br />prevent or retard said mortgagee in the collection of said sums by ioreciosurc or cattier —t <br />The failure of the mortgagee to assert any of its rights hereunder ut an.y time shall nut be construed is a waiver of its right to assert the <br />same at any later time, and to insist upon and enforce start compliance with nil the t. rn, :and prop ,ns )I said note and of this mortgage . <br />If said mortgagor shall cause to be paid ui said mortgagee the entire amount clue it hemunder, and under the terms and provisions <br />of said note hereby secured, including future advances. and am• extensions or renewals. theretd :it rccorddncr with the terms and provisions <br />thereof, and it said mortgagor _ --_. shall comply with all the provisions of said note and �:d t.in, mortgage. then thee• presents shall he void: <br />and nay. al iL' option. <br />esherrwlaeto reeraia infull force and effect„ and said mortgagee shall he enta.l d to the posse-nor. oil of suid prupert.y. <br />fon iose <br />deelarethe wheal of said note and all indebtedness represented thereby u, he immedentely du:. ,...: pavnhie. and may this mortgagi• <br />_ <br />or take any other legal action to protect its right- Appraisement wao:eo. <br />This mortgage shall be binding upon and shall enure to the benefit of the. ttc.:rs and assigns of :he <br />respective parties hereto. <br />- IN WITNESS WHEREOF. said Mortgagor ha .. punt , . -. , t.... .c, duv and :ear lira above <br />: <br />written. - <br />le <br />