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MORTGAGE 815-as-403252 e THIS INDEWMRE, aiscia this- day of --jqqe. 19 —a6 by and between JERRY D. CONROY AND SHARON L. CONgOYjjyWND AND WIFE of Ha I I County, Nclnrsxka, as mortgagor S and Home Federal Savings and Loan Association of Grand Island, a corporation 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 WIINESSETH: That mid martgnor. S for and in consideration of the sum or FOUR THOUSAND ONF HUNDRED SEVENTY TWO L.-JUARS- AND 351100 — Doijars(s 4077-1-S the receipt of which is hcrcbv acknowledged. do - by these presents mortgage and warrant unto said ttrortgettee, its succor ssorsaind ass4na. forever, all the following described real estate, situated in the County of- Hall and State of Nebraska, to-wit: A TRACT OF LAND COMPRISING A PART OF THE SOUTH HALF OF THE SOUTHWEST QUARTER (S;iSW;4) OF SECTION TWENTY ONE (21), TOWNSHIP TEN (10), NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTH LINE OF SAID Sl2SW4, SAID POINT BEING FIVE HUNDRED SIXTY (560.0) FEET WEST OF THE SOUTHEAST CORNER OF SAID S32Sw4; THENCE RUNNING WESTERLY ALONG THE SOUTH LINE OF SAIP 525414 A DISTANCE OF FOUR HUNDRED FORTY TWO (442.0) FEET; THENCE DEFLECTING RIGHT 90 00' AND RUNNING NORTHERLY A DISTANCE OF THREE HUNDRED FIFTY (350.0) FEET; THENCE RUNNING EASTERLY, PARALLEL TO THE SOUTH LINE OF SAID St;;Wk A DISTANCE OF FOUR HUNDRED FORTY TWO (442.0) FEET; THENCE DEFLECTING RIGHT 90 00' AND RUNNING SOUTHERLY A DISTANCE OF THREE HUNDRED FIFTY (350.0) FEET TO THE POINT OF BEGINNING AND CONTAINING 3.551 ACRES MORE OR LESS OF WHICH 0.335 ACRES MORE OR LESS IS OCCUPIES BY PUBLIC ROAD RIGHT OF WAY. Together with all heating, air conditioning. lighting, and plumbing equipment and fiXEures, including screens. awnings. storm windows and doors, and window shades or blinds. used on or in connection with said property. whether the -same are now located or. said property or hereafter placed thereon. TO HAVE AND TO HOLD THE SAME, together with all and singular the teriernents, hereditaments and appurtenances thereunto he kinging, or in anywise appertaining. forever, and w&-ram the title to the same. Said morgagor 5 hereby covenant --- - with said mortgagee that - . t he y__ -_._. are at the delivery herenf, the lawful owner 5 of the premises above conveyed and described. ind---PT—t -- seized of a good and indefeasible esi.ate of inheritance therein, free and clear of all encumbrances, and that —t by-- will warrant and defend the title thereto forever against the claims and demands of all persons whomsoever. PROVIDED ALWAYS, and LhLs instrument is executed and delivered to secure the paymem of the sum of THOUSAND ONE HUNDRED SEVENTY TWO DOLLARS AND 15/100 Dollars iS with interest thierson, together with such charges end arivarims as may be due and payable to said mortgagee under the terms and conditions of the promissory note of even date herewith and secured hereby, executed by said mortgagor S to said mortgagee, payable as expressed in said note, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated hammi by this reference. It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made in said mortgagor 5— 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 said mortgagee, however evidenced, whether by note, book account or otherwise. This murLgage shall remain in full force and effect between the parties hereto and their heirs, personal representative%. successors and assigns. until all amounts secured hereunder, including future advances. we paid in to!! with interest. The hitortgagor bereby assign --- LD said mortgagee all rents and income ansing at any and all times from said property and hereby authorize said mortgagee or its agent, at its option. upon default, to take charge of said property and collect all rants and income thereffom and apply the same to the payment of interest. principal. insurance premiums, taxes. assessments. repairs or improvements isecessistry, to Itatep, mud property = Lessustable condition, or to other charges or payments provided for hereut or in the note hereby secured. Thn, rant assignment shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no msnner prevent or retard said mortgagee in the collection of said sums by foreclosure or otherwise. The Wore of the mortgagee to assert any of its rights hereunder at any time shall not he construed as a waiver of its right to asserE the same at any later time, and to insist upon and enforce strict. compliance with all the termv and provisions of said note and of chi, mortgage. If said mortgagor S shall cause to be paid too said mortgagee the entire amount due it hereunder, and under the Lerrus and provision, of amid note hereby secured, including future advances. and any extensions or renewals thereof in accordance with the terms and provisions thereof, and if mod martgaillior shall comply with all the provisions of said note and of this mortgage. then these presents shall be void: otherwoeteramaust in hill force and eflacit, said said mortgagee shall he entitled to the possession of all of said property, and may, at its option, declare, the wholle of saA ask said &B milebteditem, represented thereby to be uninediniely dui, and payable, and may fnreckxw this mortgage or take any otbia, lqp& action to protect its right. Appraise-merit waived. This mortgage shall be binding upon and shall enure to the benefit of the heirs. executor, admaust-1,ors. surces- som and ws&gm< of the: respwrve'pisirt" liteew. IN W!TNESS WHERF91� said Mortgagor s he vehereunto set their hand S the day and Year first ahoy, wnuA -�4 SHARON L. CONROY I