A
<br />85--.00000 MORTGAGE
<br />THIS tNDRNTURR. mada this _w_ day of T_EekCU.iir.y-- ______ , ig --85. by and between
<br />STEVEN W. RYAN AND KIMBERLY S. RYAN, Husband and wife
<br />of H41 1 County, Nebraska, as mortgagor S , and Hoene Federal Savings end Lone Association of Grand !slued, a corporation
<br />organized and existing unto the laws of the United States of America with its principal office and place of business at Grand Island, Nebraska. as
<br />naertWee:
<br />WITNESSETH: That said mortppagor_S , forandinconsiderationofthesumof FIVE THfufSAND STXT,.FFN nn1 I ARS
<br />ANn Nn_ 1100 ------------------------------------------- - ).
<br />-i
<br />the receipt of which is hereby acknowledged. do by these presents mortgaiunto saM *rt , its successors and ate.
<br />fommer, all the following described real estate, situated in the County of h
<br />and State of Nebraska, to-wit:
<br />LOT EIGHT (8), IN BLOCK FIFTEEN (15), IN SCARFF'S ADDITION TO WEST LAWN, IN THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Together with all }coating, air conditioning, lighting, and plumbing equipment and fixtures, including screens, awnings, storm windows and
<br />doors, and window shade@ 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 />Waging, or in anywise � appertaining. forever, and warrant the title to the some. Said morgagorS - -___. hereby covenant._._ with said
<br />}
<br />that -__ `7m y._ _ are _ _. at the delivery hereof, the lawful owner S ._ of the premises above conveyed and described.
<br />end a re seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that __they _.._ will
<br />warrant and de had the title therew forever against the claims and demands of all persons whomsoever.
<br />PROVE WED ALWAYS, and this instrument is executed and delivered w secure the p"yment of the sum of FLY ETHOUSMD_ SIX -._
<br />TEEN Dt1LLARS AND NO /100 ---------- - - - - -- ------------- Dousesla 5AMAP p.
<br />with isgairm 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.- S __ to said mortgagee, payable as expn -s%M
<br />in said Hats, and to assure the performance of all the terms and conditions contained therein. The terms of said note ate hereby incorporated
<br />hers by thin reference.
<br />It is the intention sad agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagees .S
<br />by said mortgape. and any and all indebtedness in addition to the amount above stated which said mortgagors, or any of them, may owe to
<br />mortgagee, mal however evidenced, whether by note, book account or otherwise. This mortgage shall remain in full form and effect between
<br />the parties hereto and tho r heirs, personal representatives, successors and assigns, until all amounts secured hereunder, including future
<br />advances, we paid in full with mtaest.
<br />The mortgagor . S, - hereby assign .._ to amid mortgagee all rents and income erasing at any and all titres from said property and
<br />hereby ouLhorme ad mongligel or its agent, at its option, upon default, to take charge of said property and collect all rents and ituvurr
<br />thereftema and apply the mante to the payment of interest, principal, insurance premiums, taxes, assomarrimts, repairm of improvrffwml.s
<br />necessary to keep said property in ceruntable oorditlon. or to other charges or payments prided for herein or in the note hereby secured. This
<br />mot, sessignummot shall centime in Iona until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in ne reanno
<br />prevent or retard chid mortgages in the collection of said sums by foreclosure or otherwise.
<br />The failure of the mortgagee to bon--t any of its rights hereunder at any time shall not be construed as a waiver of its right to assert the
<br />snow at any low terse, and to insist upon and enforcer strict etanpliarce with all the terms and provisions of said note and of this nmortgage
<br />If aid monflegor S shall cause to be pail to saki mortgages the entire amount due it hereunder, and under the terms anti pnavisdoons
<br />M said now thereby secured, iredmdirig future advances, and any extensions or renewals thereof in aasordance with the terms amt prevmwnm
<br />aW(.VMPIY with all the provisions of sold note sad of this rnrtgage, then these ptsisents shall he void:
<br />to ftmWM in fug forme and affect, mad said mortgages shall he entity to the possession of all of saki protteny, and may, at its Option.
<br />dealers am whefa of sold mots and all knislelaminesmi ropmetrited thereby w he immediately due anti payable, and may hmvrk this anottgage
<br />or take any o hw lagal mcUon Nt protect its right. Apiamiftetianat waived.
<br />This mortgage sholl be binding upon rand MWI enure '.o the benefit tit the heirs, eaes•utors, adhninisttators, successors and masignts of the
<br />respective-partain, hereto.
<br />IN WITNKM WHf:Mlf, said Mortgagor S haVe hereunto "A their hand S the day and >rar firwt ah..r,,
<br />elm.
<br />STEVEN W. RYAN KIMBERLY S. )YAN
<br />
|