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<br />MORTGAGE 86-- 100891
<br />THIS INDENWRE. :Wade this __ 19th _ -_ -- day of _February 19 86 . , by and between
<br />— __DARLENE D. COOK, a single person — —
<br />Of Hal 1 County, %kirrauka, as mortgagor _ —, and Hemu Federal Savings and Luau Association of Grand island, a corporation
<br />organized and aristing under the laws of the tinitai States of Anrcrica with its prin;ipal office and rlace of business at Grand island, Nebraska. as
<br />WAXISO o;
<br />WITNESSETH: Thutsaidmortgagor _--- .forandincJr .Herat ;rmoft?tesutnof_ SEVEN THOUSAND TWO HUNDRED
<br />FORTY DOLLARS AND 871100 - -- _ - - - -- _ - -_- _------------ -nnafars is 7,240.87
<br />�.
<br />the remit of which is hereby acknowledged. do _Q$_ —__ -- M these presntn mortgage and warrant onto saw mortgagee, its successors and assigns.
<br />forever, all the following described real estate, situated in the County of — Hall -
<br />ww State of %lebrasia, to -wit:
<br />THE EAST HALF OF THE FOLLOWING TRACT: Part of the North 10 acres of the Wt -2NW-4 of
<br />Section 10, Township 11 North, Range 9 West of the 6th P.M., described as beginning
<br />at a point on the north line of the North 10 acres of the WIAW'; of said Section 10,
<br />which point is 1056.0 feet west of the Northeast corner of said north 10 acres of
<br />the WI2NW4 of said Section 10, running thence south parallel to the East line of said
<br />north 10 acres of the W -ZNW!4 of said Section 10, 3331.0 feet, running thence West
<br />parallel to the North line of said tract, 132.0 feet, running thence north parallel
<br />to the east line of said tract, 331.0 feet to a point on the north line of said 10
<br />acre tract, running thence east along and upon the north line of said 10 acre tract,
<br />132 feet to the point of beginning.
<br />SUBJECT however to one half of the County Road to the North of said premises.
<br />Together with all heating, air conditioi,Fig, lighting. and plumbing equipment and fist.ums, including screens. aw•nmgs. storm windows and
<br />doors, and window shades or blinds. used on or in connection with said property, whether the saute are now located on said property or hereafter
<br />placed thereon.
<br />TO HAVE AND TO H01_D THE SAME. together with all and singular the tenements. hered;taments and appurtenances thereunto be
<br />longing, or in anywise appen.aining. forever, and warrant the title to the same. Said morgagor hereby covenant S -. with said
<br />itwrtgagff, that She l S __ . at the deb—n• hereof, the lawtul owner of the premises above conveved and described.
<br />xrd. _ _1 s seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that __She
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this irtstrument is executed and delivered ui necvre the payment of the sum of SEVEN THOUSAND TWO
<br />7,240.87
<br />HUNDRED_ _FORTY DOLLARS AND 87/100 ---------------- -- - - - -- 1k>llars IS
<br />with interest thereon, together with such charges and udva ices as may he due and payable to said mengagee under the term< and conditions
<br />of the promissory note of even date herewith and secured herebv, exe =uted by said mortgagor to said mortgagee. payable as expre sod
<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 />hixm by this reference.
<br />it is the ialenuon and agreement of the parties hereto that this mortgage shall also secure any future advances made ui said mortgagor
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated whccl, said mortgagors, or any of them, may owe to
<br />said mortgagee, however evideinoed, whether by note. book account or otherwise. This mortgage shall remain in full force and effect bet—n
<br />the parties hereto and their heirs. persons] rep resentstives. successors and assigns• until all amounts secured hereundev, including future
<br />advances, are paid in fall with interest.
<br />The mortgagor ___.. _, hereby assign _ &__.. A said mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorize sad mortgagee or its agent. at its option, upon default, ui take charge of said property and collect all rents and income
<br />tbettt,om and apply the stare to the payment of mtereat principal, insurance premiums. taxes. assessments, repairs or improvetrsents
<br />necessary to heap sod property m tenantable condition, or to other charges or payments provided for herein or in the note herrhv c
<br />seured. This
<br />re assignment shall continue m force until the unpaid balarlov of said not& is fully paid- The taking of rx,ssession hereunder shall in no manner
<br />prevent or retard said mortgagee in the tvrliacuon 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 be 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 pmvisions of said note and of this mortgage.
<br />If said mortgagor ,,hall cause u be pad to said mortgage the entire amount due it hereunder, and under the leans and pmvisions
<br />of said now hr.aby secured, including future advances, and any extensions or renewals thereof in accordimcp with the terms and provisions
<br />thereof, and if said mortgagor _.. . _ shall comply with ail the provisions of said note and of this mortgage. then these present shall be void.
<br />*L%Wwm to ritgota t in f O forte and effect.. and acid mortgagee shall be entnkd to the post ssaon of ail of said property. and may. at its option.
<br />duck" tike triaolt of said note and all indobtadvarse refur.+emted thereby to be immediately due and payable. and may fortcktse this mortgage
<br />or tote a" other WXW act" to protect its right. Appraisemem waived.
<br />This murtgagr! shelf be b:induug upari and sharp enure v, the benefit of the hears, exe «: ,i!.,r�, admm� tratnrs, succsssors and as"gri, 0 the
<br />respective parties txar o.
<br />l% WITNESS iti'HERF01' send Mortgagor ha S hereunto -et her i;aru: ihr dot and .ear firs;
<br />wnttem. � '
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