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MORTGAGE 86- 102565
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<br />THIS INDENTURE, stade thus. _ 19th._ .. day of _--may.- . -.- - -_._ I9 . -. by and between
<br />�RAM .[:,SSX�II�QN.._ANO
<br />County, Nebraska, as mortgagor -5 _ _ - -, and Home Federal Savings and Loan Association of Grated Island, acorporadon
<br />organized and existing under the laws of the United States of Atnenca with its principal office and plate of business at Grand Island, Nebraska, as
<br />WITNEMETH: Thar said mortgagor _ —i____ ,tux And inconsideration of the .um of __E TV TH(AISAAiIQFIGHTY -QVZ--
<br />DOLLARS AND 50/100 --------------------------- - - - --- —7-7-- Dollars (s 5, 085.50 - - -I.
<br />the receipt of which is hereby acknowledged, do _----- ----- . by these presents mortgage and warrant unto said mortgagors, its successors and assigns,
<br />forever, all the following described real estate, situated in the County of ----- - - - - --
<br />aid State of Nebraska, io-wit:
<br />LOT TWO (2) IN BLOCK, FORTY —SIX (46) IN THE ORIGINAL TOWN, NOU CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />Together with all heating, air conditioning lighting. and plumbing equipment and fixtures, including screens. ,iwnutgs, 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 NAVE AND TO HOLD THE: SAME together with ail and singular the tenements. herditarrnnts and appurtenances Lhereetntu be-
<br />longing, or in anywise appertaining, forever, and warrant the title to the same Said mortgagor S hereby covenant S. with void
<br />mortgagee that t he u are . It the delrn cry hereof, the lawful owners of the premises above conveyed and descntncd.
<br />and . -. —dre sensed of a good and indefeasible estate of inhentance therein. free and clear if all encumbrances, and that - the V- will
<br />warrant and deform the title thereto forever against the classing and demands of ail persons whomsoever
<br />PROVIDED ALWAYS, and Chia mstrurnenL is oui —tied and delivered to secure the payment of the sum of FIVE. THQOSAND- EIGHTY-FIVE DOLLARS AND 50/100 ------------------ - - - - -- iwiitrsfs 5,085.50 _ f.
<br />with interest thereon, together with such charge-= and advances as may he due and payable to said mortgages under the terms and conditions
<br />of the pnsaru ssory note of even date herewith and secured heriiy, executed by +aid mortgagor S. to said mortgagee. payable as expo: sed
<br />in said note, and to secure the performance of all the terms and conditions contained therein. The terms of said note am hereby incorporated
<br />harem by this reference.
<br />It is the intention and agreement. of the parties hereto that Chia mortgage shall also aecuce any future advances made w said mortgagmS
<br />by said mortgagee. and any and all irtdebt.edness in addnon to the amount above statkd 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 between
<br />the parties hereto and their heirs, personal repte, tstrve+s successors and assigns, until all amounts secured hereunder. including future
<br />advances. are paid in ful! with interest
<br />The mortgagor - .5 _ hereby etssegn to said mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorue said nortgagee or its agent at eta opunn, upon default. Lo take charge of said property and collect all rents and income
<br />therefrom and apply the same to the payment of interest. pnncipai, insurance premiums, taxes, assessment.%, repairs e,r improvements
<br />me oss•ry to keep acid property in tenantable condition, o r to other charges or psymonre provided for herein •r in the note hrnrlsy secured. 'Phis
<br />rent assignment shall continue in forte until the unpaid balance of said note is fully pead. The taking of 1' .- -ssion hereunder shall in no manner
<br />prevent or retard said mortgagee in the collection of sud sums by fnrerlosure w otherwise
<br />11w failure of the mortgagee: to assert any of its rights hereunder at any time shall not he construed as a waiver of its right to assert the
<br />same al any later time, and to insist upon and enforx strict compliance with all the terms and provt%uens of said erne and of this mortgage
<br />If mid mortsaMar S shall cause un be pad to said mortgagee the entire amount due it hereunder, and under the tents and pmvissons
<br />of sad twit hereby secured, including future advances, and any extensions or renewals thereof in accordance with the terms and provisions
<br />therept, and if stid inortgaXor S__ . shall comply with all the provisions of said note and of this mortgage then theca, prw-nts shall he void.
<br />oUww%m to reaaafn in fdl ford ail, edfect. and card mart.gagee shall be entitled to the possession of all of said property. and may. at its apt. son,
<br />dadY9 the wools of mA note and all i sdabse nesei represented thereeby to be immediately due and payable. and may forech e Chi% "engage
<br />or tidte °coy othw *&I action to protect its kght. Appralmniant waived
<br />Thfa ranrtlage shall be binding upon anal shall enure to the benefit of the heirs. extsvtnrs, administrator., %ucnc%sors and assigns oh the
<br />reepeetise' parties hereto
<br />IN Wf't'NF:SS WIfY.REOF soot Stongeuga S lisV,e, hereurit„ set tbejr Morrill th, ., day and tear first :,bore
<br />rritlen. � �
<br />e i '�'RAtt�CS ,�(1tjelS .rte -�
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