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<br />MORTGAGE 56-- 101630
<br />THIS INDENTURE. made this ___ __- 28.th_._._.----- -..... day of __%1iiCG�1___.____.__ -- -- __ , 198 -1__ , by and between
<br />____ -LARRY R_BOF�R EN -AND--KAREN - BOERS-EN-HUSBAND.- AND_
<br />of Hal I , County, Nebraska, as mortgagor S and Home Federal Savings and Loan Association of Grand Island, a corporation
<br />organized and existing under the laws of the United States of America with its principal office and place of business at Grand Island, Nebraska, as
<br />mortgRee:
<br />WITNESSETH: That said mortgagor S , for and inconsideration of the sum of- NTNF THOUSAND FIVE HIINDRFD
<br />EIGHTY THREE DOI I ARS p71 /inn -- -- -------- -- ----- - - - - -- Doflars(S 9,583 77 1.
<br />the receipt of which is hereby acknowledged, do____by thee presents mor age_Fe w sinort
<br />gages, its successors attd assigns,
<br />forever, all the following described real estate• situated in the County of , -all
<br />and State of Nebraska, to -wit:
<br />LOT ONE HUNDRED TWENTY -NINE (129) IN WEST LAWN, AN ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA, AS SURVEYED, PLATTED, AND RECORDED. SAID LOT BEING
<br />FIFTY -TWO FEET (52') NORTH AND SOUTH AND ONE HUNDRED THIRTY -TWO FEET (132') EAST
<br />AND WEST.
<br />Together with all heating, air conditioning, lighting, and plumbing equipment and fixtures, including screens, awnings, storm window's 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 thereunto be.
<br />longing, or in anywise appertaining, forever. and warrant the title to the same. Said morgagor S_ hereby covenant __ with said
<br />mortgagee that t he Y are , art 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 _._.the_._V_ 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 NINE _ THOUSAND
<br />FIVE-HUNDRED EIGHTY THREE DOLLARS AND. 77 /1DD- -------- - - - - -- Dollars 1$ _ - 9,5&33_77 __. --- _- - -i,
<br />with interest thereon, together with such charges and advances as may be due and payable to said mortgage. • under the terms and conditions
<br />of the promissory note of even date herewith and secured herebv. 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 intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor. 5
<br />by said mortgagee, and any and all indebtedness to addition to the amount above stated whicl, said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced• whether by note, book account or otherwise. 'rhis 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 __ W said mortgagee. all rents and income arising at any and all timew from said property and
<br />hereby authorize said mortgagee or its agent, at its option, upon default, to take charge of said properly and collect all rents and income
<br />therefrom and apply the same to the payment of interest, principal, insurance premiums, taxes• assessments, repairs or imprivem, -nt.s
<br />necessary to keep said property in tenantable condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />rent assignment shall continue in force until the unpaid balance of said now 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 be construed as a wuiver of its right to assert t he
<br />same at any later time, and to insist upon and enforce strict compliance with all the terms and provisions of said note anti of 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 rate hereby secured, including future advances, and any extensions or renewals thenmfin accordance with the terms and provisions
<br />thereof, and if said mortgagor.- g. -_.. shall comply with all the provisions of said now and of this mortgage, then these present, shall be void;
<br />otherwise to remain in full forte and effect, turd said mortgagee shall be entitled to the possession of all of Aid property. and may. at its opt ion,
<br />declare the whole of said now and all indebtedness represented thereby to be immediately due and payable• and may foreclose this trairtgage
<br />or take any other legal action to protect its right. Appraisement waived.
<br />This mortgage shall he binding upon and shall enure to the twnefit of the heirs. cxtavu,r.s, administrators. successors and assigns of [ht-
<br />respective parties hereur
<br />IN WITNESS WHEKEOF, said MortgagorS ha Ye hereunul, set their hand the day and catr fir.t abo-
<br />writlrLARRY --R. MEP,SEN KAREN R-DERSC
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