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In
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<br />MORTGAGE 85-ass, 000914
<br />THIS INDENTURE, medo day of 19 _85_ by and beitimen
<br />DORSON L, SAWYERS-AND KARLA J. SAWYERS Husband SAWYERS, and wife
<br />of Hall County, Nebraska, as mortgagor S , and Home 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 />11101111131099;
<br />WITNESSETH: That said mortgagor S for and in consideration of the sum of THREE THOUSAND .FIGHT HIINnRFD
<br />FORTY-ONE DOLLARS AND 96/100 ------------------------------ Dollars (S 911s;
<br />the receipt of which is hereby acknowledged, do— by these presents mortgage and warrant "to Said 11110111#109coft awasson; and assagm,
<br />forever, all the following described real estate, situated in the County of Hall
<br />and State of Nebraska. to-wit:
<br />NORTHERLY FORTY (40) FEET OF LOT EIGHT (8) IN BLOCK ONE HUNDRED TWENTY-SIX (126),
<br />IN KOENIG AND WIEBE'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Together with all heating, air conditioning, lighl,log, and plumbing equipment and fixtures, including screens, awnings, stu.m 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 thenam.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, hereditarnents and appurtenances thereunto be-
<br />longing, or in anywise appertaining, forever. and warrant the title U) the same. Said morgagorS_ - hereby covenant .... with said
<br />mortgagee that . the y are
<br />__ _ - . at the delivery hereof, the lawful owner 5 . of the premises above conveyed and described.
<br />seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that ---thy.
<br />warrant and defend the title thereto forever against the claims and demands of all Persons whomsoever. will
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of THREETROUSANI-_
<br />_EIGHT - HU NDR ED -_ FORTY 70NE DOLLARS AND 96/100 -------------- Dollarsls - 3J-41-96 t,
<br />with interest thereon, together with such charges and advances an may be due and payable to said mortgagee under the terms and conditions
<br />of the Promissory note of even date herewith and qecunql hereby, executed by said mortgagor S---., to said mortgagee, Payable as expressed
<br />in sold note, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />herain by this reference.
<br />It is the contrition and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor
<br />by said mortgages, 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 mortgaigtor-S-_ hereby assign __ to said mortgagee all rents and income 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 charge of said property and collect all rents and income
<br />LbKofrom WW apply the same to the payment of interest, principal, insurance premiums, taxes, assessmenta, repairs or improvements
<br />noommiry to keep aid property in tenantable condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />rest assignment shall continue in tome until the unpaid balance of said note is fully paid. rhe taking of possession hereunder shall in no manner
<br />Prevent OF regard SAW 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 be construed as a waiver of its right to assert the
<br />seem at any later time, and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this mortgage.
<br />If saw mortgagor S shell cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and provisions
<br />of &aid note bereby secured, including future advances, and any extensions or renewals thenlof in accordance with the term and provisions
<br />thereof, end if said mortgagor S.._. shall comply with all the provisions of said note and of this mortgage, then them presents shall be void;
<br />Qtbwwuwt* "Mmis in 1111111 force end effect, strad said nKrr4P`9"e shall be entitled to the Possession of all of said property, and may, at its option,
<br />declaim the wbob of sold act* and al indebtedness represented thereby to be immediately due and Payable, and may foreclose this mortgage
<br />or take any other legal action to Protect its right. Appiamement, waived.
<br />Thin Mortgage shall be binding upon and shall enure to the benefit of the heirs, executors, administrators. successors and assigns of the
<br />rvilvdatwepartion hereto,
<br />jN NESS WHE"AW, said Mortgagor S tin Ve hereunto 44!1 their hand
<br />f the day and year firmt al-vo,
<br />M 4S 0*1�'L_ SAWY'E RS
<br />KARLA J. SAWYERS +
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