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h <br />L <br />MORTGAGE <br />THIS INDENTURE, made this . 15th _ _ day of _.._.f lay _ _ !9 _ by and between <br />.__EUraENE L_.. KC jjjTOSH_AND LET_HA J. MC INTOSH, HUSBAND AND WIFE <br />of Hall _.__ counry, 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 Stains of America with its principal office and place of business at Grand Island, Nebraska, as <br />mortgagee: <br />WITNESSETH: That said mortgagor__ S ,for and inconsideration :,f!hc sum of _THREE THOUSAND SIX HUNDRED <br />— Dollars is 3,600.00 -- i <br />the receipt of which is hereby acknowledged, do-----by these presents mortgage and warrant unto said mortgagee, its successors and assigns, <br />forever, all the following described real estate- situated in the County of <br />and State of Nebraska, to -wit: <br />LOT SIXTY –FOUR (64), ARGO FOURTH SUBDIVISION, HALL COUNTY, NEBRASKA <br />Together with all heating. air conditioning, li„ Laing, 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 ali and singular the tenements. hereditaments 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 the.y_dre at the delivery hereeetf. the lawful owner S of the premises above conveyed and described. <br />and dl'2, seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances. and that, t 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 THREE THOUSAND <br />.S. IX_HUNDRED- .DOLLARS._AND_NO[I00 ----------------- - - - - -- Dollars (S 3,600,00 _. __ 1. <br />with interest thereon, together with such charges and advances as may be due and payable to said mortgagee under the terms and conditions <br />of the promissory now of even date herewith and secur, -d 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 arc 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 any of them, may owe to <br />said mortgagee. however evidenced, whether by note. book account or otherwise. This mortgage shall remain in full force and effect txtwev-n <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 mortgagors_,_.._. 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 chargt- 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 tenantable condition, or toother 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 note 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 am 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 ,aid now and of this mortgage. <br />If said mortgagor S shall cause to he paid to said mortgagee the entire amount due it hereunder, and under t he terms and 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 it said mortgagor .__ S.. . shall comply with all the provisions of said note and of this mortgage, then these presents shall be void: <br />otherwme to remain in full force and effect, and said mortgagee shall be entitled to the possession of all of said property. and trray, at its opt. ion. <br />declare the whole of said note and all indebtedness represented thereby to he immediately due and payable, and may foreclose this mortgage <br />or take any other legal action to protect its right. Appraisement waived. <br />Thin mortgage shall be binding upon and shall enure to the bonefit of the heirs, exeeuton. ❑dmuustrat —. ai cesF.ors and assigns .:f the <br />respective: parties hereto. <br />IN WITNESS WHEREOF. said Mortgagor S ha VF? hereunto -;et their hand S the dat ❑nd —at first it+no, <br />written <br />Rat <br />i <br />