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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 />