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<br />66._ 102476
<br />MORTGAGE
<br />THIS INDENTURE, made thW __ - 3th - - -_ __ _ -_ day of _ - May_ - - _ _ -- 19 . _86. , by and between
<br />CRAIG J. MEYER AND CAROL A. MEYER HUSBAND RNLI WIFE
<br />of _ H8 _ 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 />mortgi.;
<br />WITNESSETH: That said mortgagor S _for and in consideration of the sum of --EIEI 4 THOUSAND TWFNTY FOUq__
<br />y • :Sol .e t.31.. f
<br />the receipt of which is hereby acknowledged, do _._____.by these presents mortgage i . 5vt Mayo said more agetL its successors and assigns,
<br />forever, all the following described real estate, situated in the County of __- kja„]_I ' ' fV
<br />and State of Nebraska, to -wit: ' --
<br />LOT NINETEEN (19), IN BLOCK TWO (2) IN THE REPLAT OF RIVERSIDE ACRES AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Together with all heating, air conditioning, ligtcting, 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, hercditaments 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 />mortgage +r that - - - .the _.y ___ _d_I"B- - , at the delivery hereof, the lawful owner S- of the premises above conveyed and described.
<br />and __- ._a.i�e_._. seized of a good and indefeasible estate of inheritance therein, free and dear of all encumbrances. and that hey 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 FIFTEEN- - IROUSAN —
<br />— TW€N-TY-- FOUR-- DOL-LAR-S- AND - -16/100- ---------- --- - -- I)aIIarste _ 15-024 .1& - , --- --- - - -_1.
<br />with interest thereon, together with such charges and advances as may be due and pavable 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 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 S_
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors, or xny of them• may owe to
<br />said mortgagee, however evidenced, whether be 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 fu L' with interest.
<br />The mortgagor _S___ hereby assign to said mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorize said mortgagee or its agent, at its option. upon default• to take chargr of said property and collect all rents and income
<br />therefrom and apply the same to the payment of interest. principal, insurance premiums, taxes, assessments, repairs or improvements
<br />necessary to keep said property in tenaatabe 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 W 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 note and 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 find provisions
<br />of said note hereby secured, including future advances, and any extensions or renewals thereof in accordance with the terms and provisions
<br />thereof, and if said mortgagor _. _5 - shall comply with all the provisions of said note and of this mortgage. then these presents shall Ise, void,
<br />otherwise to remain in full force and effect, and said mortgagee shall be entitled to the possession of all of said property, and may, at its opt ion,
<br />declue the whole of said tote and all indebtedness represented thereby to be immediately due and payable, and may foreclose this mortgage
<br />or take any other legal action to proua;t its right. Appraisement waived.
<br />This mortgage shall be binding upon and shall enure to the benefit of the heirs• executors, administrators, successors and assigns of t he
<br />respective'part.ies hereto.
<br />""INtWITNESS WHEREOF. said Mortgagor S hx Ve hereunto set their , hand S the day and year first ahoc,
<br />writycry � / 1
<br />CRAIGf 11EYER CAROL A. MEYER
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