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THIS INDENTURE, made day or�Jlln�_ -- - - -- __— • I9 _ 86- by and between <br />ARDELLE E. VANE. A_ SINGLE_ PERSON <br />Of Ha County, Nebraska, as mortgagor and Hone 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 />WITNESSETH: That said mortgagor , for and in consideration of the sum of ONE THOUSAND T140 HUNDRED <br />FOURTEEN DOLLARS AND 80/100 ------------------ - - - - -- Dollars (s 1,214.80 <br />the receipt of which is hereby acknowledged, do- es by these presents mortgagea4iirRrgp(sttW ts sudccsiofl; and asagm, <br />!o;3Aik .A.9 <br />forever, all the following described real estate, situated in tie County of Hal j :� <br />and State of Nebraska, lo-wit.- ,� -^�^° <br />LOT THREE (3) IN BLOCK TWENTY (20), IN PACKER A BARR'S SECOND ADDITION TO <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />Together with all heating, air conditioning, lighting, 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, hereditaments 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 />rmortgagee that _. She _.1S__ _._._ -.... , at the delivery hereof, the lawful owner _ . of the premises above conveyed and described. <br />end 1 S 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 _ _ONE_ - THOUSAND - -- <br />TWO _HUNDRED _FOURTEEN- DOLLARS- AND_8pf 10 -0 -- - - - -- Dasi.is-_.- <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 oven date herewith and securest hereby, executed by said mortgagor.-_ - to said mortgagee., payable as expressed <br />in said dote, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated <br />bet-sin by this reference. <br />It is the intention and agrearnent 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 indebWdraes 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 fuC with interest. <br />The mortgagor___ hereby assign S- to said mortgagee all rents end imome arming at any and all times from said property and <br />hereby authorize said mortgagee or its agent, at its option, upon default, to take rham or --id 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 />neoeaaary to keep said property in timentable condition, orto other charges or payments provided for herein or in the note hereby secured. This <br />rem assignment shall continue in force until the unpaid balance of said tote 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 any time shell not be construed as a waiver of its right to assert the <br />some at any later time, and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this rnortgage. <br />It said mortgagor shall cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and provisions <br />of said note hereby secured, inct.diing future advances, and any extensions or renewals thenr,t in accordance with the terms and provisions <br />thereof, and if said mortgagor ,_ __. shall comply with all the provisions of said note and of this mwtgage., then these presents shall he void, <br />otherwise to reaeaiw in Ittfl fora and eRed. and said mortgagee shell be entitled to the possession of all of said property, and may, at its optwn. <br />dedism the whe4 of said note cad a8 iedebtsdneas represented thereby to be immediately due and payable, and may foreclose this mortgage <br />or take any ocher legal action to preload its right. Appraisement waived. <br />This mortgage shall be binding upon cad shall enure to the benefit of the heirs, executors, administrators, successors and assigns of the <br />rrapsrtive'partiea heratu. <br />IN WITNESS WHEREOF, said Mortgagor _ he S hereunto set her hand the day and year first ahoy <br />written. - <br />A6E1.L"E444 A``SIhG"LE I'Et ` N <br />