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MORTGAGE 86-- 102731
<br />THIS INDENWRB, ON& this . 27� � HAN
<br />- _ day of___ naY___ . -__- , 19 _86 -. by and between
<br />AT D. HANCOCK AND PATRICIA COCK, husband and wife
<br />�� HALL
<br />rounty. Nebrasks, as mortgagor S and Home Federal Saviags and Loan Association of Grand Island, a corporation
<br />organized and existing under the taw- of the United States of America with its principal office and place of business at Grand Island, Nebraska, as
<br />wAr&ompr
<br />WITNESSEiTH: That said mortgagor .-s __w for And in consideration of the ;um of__FORTY FOUR THOUSAND AND N9L1OO
<br />-------------------------- --- -------------- ------- - - -- -- --- R 44.0OO,OQ, - I.
<br />the receipt of which is hereby acknowledged, by these presents mortgage and warrant union
<br />forever, all the following described real estate, situated to the County of
<br />and State of Nebraska, to -wit:
<br />and usigns, I
<br />FRACTIONAL LOTS FIVE (5), Slit (6), ANO SEVEN (7), IN FRACTIONAL BLOCK THIRTY -FIVE,
<br />r.
<br />IN PACKER AND BARR'S ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA,
<br />Together with all heatmg, air conditioning. lighting, And plumbing oyulpment and fixtures. including screens, awnings, storm windows anti
<br />doors, and window shades or blinds, used on or in conntrteon with said property, whether the same are now located on .said property or hereafter
<br />plaasd thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements. hereditaments and appurtenances thereunto be.
<br />kinging, or in anywise appertaining, forever. and warrant the title to the seine Said morgagor S hereby covenant . with said
<br />mortgagee that the X are . at the delivery herw.i. the lawful owner 5 of the premises Above conveyed and described,
<br />end are seized of a goat end mdefea-ibhr estate of mheritanm therein, fire and :fear of all encumbrances, and that ..t.he_Y_wdl
<br />werisu and defend the title thereat forever against the claims and demands of all persems whomsoever
<br />PROVIDED ALWAYS. and this instrument is exwuted end delivered to secure the payment of the sum of FORTY FOUR_ THOUSAND
<br />Ana, NO/ 100------------------------------------------------ UrAlarst3 44,000.00
<br />-
<br />with interest thereon, together with such charges and mdvannn AS may he due and payable as said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith and s . urrd hereby. executed by -aid mortgagor 5 to said mortgagee, payable as expressed
<br />in said note, and to serum the pertoruance of all the terms Arai conditions contiumd theism The terms of said now are hereby incorporated
<br />berain by cede reference
<br />It jades intention and agretmtent of the partas hereto that this mortgage +hail also secure any future advances made to asid mortgagor a
<br />by said mortgagee, and any and all indebtedness in odthUM to the anrtunt above stated which said mortgagors, or any of them, may own to
<br />acid mortgages, however evidenced, whether by note, book xcou t or otherwise This nstrtgage shall remain in full force and effect between
<br />to parties hereto and their heir. personal reprtwentauves. successors And assigns, until all Amounts secured hereunder, including future
<br />advances, are paid in full' with interest
<br />The mortgagor S. - hereby assign - to said mortgagee all rent% and income anaing at any and all times from said property and
<br />busby authorise said mortgagee or its agent, at Its option, upon default, to take charge of said property and collect all rents and income
<br />ttratrom and &Wy time same to the payment of interest. primipsi. insurance premiums, taxes, assessments, repairs or improvements
<br />asosmosry toe ap sead property is Locatable condition. or w ether charges or payments provided for herein or in the note hereby secured. This
<br />rent sasigarmiat shill continue in force until Ow, unpaid balance of said none is fully paid The taking of possess son hereunder shall in no manner
<br />prevent or retard said mortgages in the codectrw of sad suma by foreclosure or otherwise.
<br />The failure of the mortgagee to assert any of its rights herntinder at any time sbali net be construed As a waiver of its right tit assert the
<br />ease at any later tune, and to insist upon and enforce strict comphawe with all the terms and provisoes of said note and of this mortgage
<br />it said mortgagor 5 shall cause to be paid to said mortgagee the entire amount due it hen-under, Aar under the terms And provisions
<br />d said note busby secured, including future Advances, and any extensions in renewals thereof in accordance with the. terns and provisions
<br />throe!, mud if said mortgagor - 5, sham comply with all the provisions of saki now and of this mortgage, then these presents shall be void,
<br />aLerwars W ramie is Intl farce well %%fact, and said mortgagee shall be entitled to the possession of all of saki property, and nay, at its option.
<br />•seises rem wI ola of said hole said aH odabtmdaaas represented thereby to be immediately due and payable, and may foreclose this roo"age
<br />ar take airy other higd aetem to protect On rWht. Apprameuient waived.
<br />TI" amrtgags sham be heading upon and shalt %sure w the banefit of the hens. executors. administrators, sucemiairs and Assigns of the
<br />saspective'pearlee hretn
<br />r
<br />IN WITNI: 'SS WHERROF. saki Mortpsgtr he VQ hemoot" %A t `i hatud the day soil vwr first ,sbovs
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