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Of Hall _ County. Nebraska, as mortgagor _.and Home Federal Savings and Loan Association of Grand [stead, 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 />mortgagee: -
<br />WITNESSETH: That said mortgagor. _.forandinconsiderationofthesumof FOUR THOUSAND FIVE HUNDRED
<br />SEVENTEEN DOLLARS AND 80_ 1100 ------------------- — ------- Doltarsls 4,517_80 1.
<br />the receipt of which is hereby acknowledged, do Pe by access presorts mortgage da(iitl" tlift rt/ee its successors and assigns,
<br />3dA13" JA
<br />forever, all the following described real estate, situated in the County of Ha 1 1
<br />and State of Nebraska, to -wit:
<br />r
<br />LOT FIFTEEN (15), IN BLOCK FIVE (5) , IN MORRIS 4TH ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Together with all heating, air conditioning, lighting, anti 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 />plated thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, heredit.aments and appurtenances thereunto be-
<br />longing, or in anywise appertaining, forever. and warrant the title to the same. Said morgagor._ ____ - hereby covenant _S__... with said
<br />mortgagee that _. S he li_. —.__. __ , at the delivery hereof, the lawful owner _ . of the premises above conveyed and described.
<br />cad_ _JS .___ _- seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that S he _._ 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 FOUR TUOU - --
<br />FIVE HUtiDRED.S EVENTEFN_ D9_ I. LARD_AND_$ -0119Q- .c----- ____..._ Dollars ls_4,517_RO
<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 note of even date herewith and secured hereby, executed by said mortgagor ._ __. to said mortgagee, payable as expressed
<br />in said nine, 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.__
<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 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_ hereby assign ?i to said mortgagee all rents and income arising at any and all timas from said property and
<br />hereby authorize said mortgagee or its sent, at its option, upon default, to take charge: 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 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 note is fully paid. The taking of possession hereunder shall in no manner
<br />prevent or rot" 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 he construed as a waiver of its right to assert the
<br />same at any later Lime, and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this mortgage.
<br />If said modgagor shall cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and proviskms
<br />of said tote Itwsby secured, including future ativancea, and any extensions or renewals thereof in accordance with the terms and provisions
<br />the"(. and if said mor4p gor ___ _ shall comply with all the provisions of said note and of this mortgage, then three presents shall be. void:
<br />athsswtae to remain in to force and sflsict, and said mortgagee shall be entitled to the possession of all of said property, and may, at its option,
<br />declare the wide of said cots cad &A indebtedness represented thereby to be immediately due and payable, and may foreclose this mortgage
<br />or take any other Mgal sedbo to protect its right. Appramement waived.
<br />This mortgage shall be binding upon and shall orure to the benefit of the heirs, executors, administrators. succrsatxs and assigns of the
<br />reapective'pattwo hereto-
<br />IN WITNSSh WHEREOF. said Mortgagor _ he S. hereunto set her hand ttie day and year first shove
<br />written.
<br />_ � 1_1 G`JE S y r
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