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MORTGAGE 85- 000872
<br />THIS INDZMRR, mode thin 18th_ _ __ - - -, y M February -- -- Ill 85_ by and list..
<br />MILDRED A. SCHEEL, a single person
<br />of Hal I County, Nebraska, as mortgagor -and Home Federal Saviys and Loan Axaciatiott of Orand Island, a corporation
<br />orpoiaed and existing under the laws of the United States of America with its principal office and place of business at Grad Island, Nebraska, as
<br />WITNFSSETH: That said mongagor ,foratdinconsiderationofthesumof FOUR THOUSAND FOUR HUNDRED SIX-
<br />TEEN DOLLARS AND NO/ 100 ---------------------------------- �,,rn 4,416,-00 1
<br />t, .
<br />the receipt of which is hereby acknowledged, do es by these presents mortgage and warrant new said :mortmos e, Nsssuccesmreand ate,
<br />forever, all the following described real estate, situated in the County of Hall
<br />and State of Nebraska, to-wit:
<br />LOT ELEVEN (11), BLOCK TEN (10) ASHTON PLACE, AN ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />Together with all (eating, air conditioning, lighting, and plumbing equipment and fixture::, including screens, awnings, suer windows and
<br />doors, and wendrw shady or blinds, used on or in contraction with said property, whether the same are now located on said property or hereafter
<br />placed thereat.
<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 sane. Said morgagor_____ hereby covenant S with said
<br />mortgagee that - S ha __... _.. -1 5._ _ , at the delivery hereof. the lawful owner __ _ - of the premises above conveyed and described,
<br />i d _.__ i S wind of a good anal indefeasible estate of inheritance therein, free and clear of all encumbrances, and that __S he __. will
<br />warrant sad dodsad ode title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this vetrumant is erucuted and delivered to secure the payment of the sum of _FOUR_ THOUSAND FOUR
<br />ANDRED,_SIXTEEN_DQLLIARS ND. NO /100-- - - - - -- -. -r-
<br />with istersat thereon, together with such charges and advances as may be due and payable to said mortgagee under the terms and conditions
<br />of the provisionary note of even date herewith and secured hereby. execute( by said mortgagor. --.-.. to said mortgagee. payable as expressed
<br />in said note, and to secure the performance of all the terms and conditions contained therein. The terms of said note arc hereby incorporated
<br />brew'-- by this reference.
<br />It io the lion and agronerm of the parties bereto that this mortgage shall also secure any future advances made to said mortgagor-, __..
<br />by strict maetgogn, and any and all indebtedness in addition to the amount above stated which said mortgagors, or any of them, may eve to
<br />said mortgages, howevta evidenced, whether by note, book account or otherwise. This mortgage shall remain in full face and effect between
<br />the parties hares® and the r hairs, persona( representatives, successors and assigns• until all amounts secured hereunder, including future
<br />are paid in full' with interest.
<br />The __. hereby coign __s._. to said mortgrgsu all rents and income arising at any and all times from said property and
<br />hereby outhouse said mortgages or its agent, at its option, upon default, to take charge of said property end collect all rents and income
<br />therefrom wind apply the to the payment of interest, principal, insurance premiums, uses,, assessments, repairs or improvements
<br />mosonery to besp said property in tensintabieciandkion. or b other charges or payments provided for hown or in the now hereby, socured. Thi,,
<br />rasa assigrarrost skid 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 retard said nortgogea in the collection of said some by foreclosure or otherwise.
<br />The before of the to amt any of its rights hereunder at any time shall not be construed as a waiver of its right to assert the
<br />same" any Weir tine, and to insist upon and enforce strict compliance with all the terms and provisions of said now and of this tnnrtgage
<br />If said retrovillo shall cause to be paid to said mortgages the entire amount due it hereunder, and under the tern[, and provisions
<br />of sod now hereby secured, including futare advarress, and any extensions or renewals thereof In accordance with the terms and pmvimcetnn
<br />thereof, and it add _ _ ._. skit Comply with all the provisions of said rota and of this mortgage, than these presents shall Iw void,
<br />otkartrhe M oinsetin in fell fares said offset. and said shell he entitled to the ptimnsuoun of all of said property, and nay, at its oltwn.
<br />dolaw the whab of sold now and #2 ladolmodness represented thereby to be immediotely due end payable, and may forKl awe this mortgage
<br />or Ishis any other lagsi action to protect its right. Appfa&WWAM9 waived.
<br />Thin mortgage shall be boading upon and shall rnure to the benefit of the heirs, eaecutns, administrators, suctrosors and assigns of the
<br />ropective,poutore berms.
<br />IN WITNKSH WHEREOF. said Mortgagor ha S hereunto net her p/ hand the day and >ear first aw.v
<br />MILPfRED A. SCHIEL
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