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MORTGAGE 85-001036
<br />THIS INDUMIRB, trade this day or__ Februa --------- - -, 1985-_, by and between
<br />DONALD N. WEATHERILL ANQ_JANICE S._WEATHERILL, HUSBAND AND WIFE
<br />of Ha 11 County, Nebraska, as mongagor S , and Hone Federal Savings and
<br />orHnixed and existing under the laws of the United States of America with its � A business at Grand d, acarpora, as
<br />principal office and Place of biuiness at Grand Island, Nebraska, as
<br />WITNESSETH: Thatsaddmortgagor S for and in consideration of the sum ot_ TWO. THOUSANQ FIVE HLINDREfI
<br />FORTY -EIGHT DOLLARS AND NO 100 ---------------------
<br />2,548.00 1.
<br />tlx recap of which is hereby acknowledged. do f(g4gpawarts9fio „
<br />god _ by these presenis'mo !FA4 Pit Agee, its successors and assigns,
<br />f -- ail the following described real estate, situated in the County of Hall
<br />and State of Nebraska, to -wit:
<br />LOT ONE HUNDRED EIGHT (108) IN WEST LAWN, AN ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />Together with W heating, air conditioning, lighting, and plumbing equipment and fixtures. including screens, awnings, storm 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 thereon.
<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 same. Said morgagor _S - hereby covenant - _. _ with said
<br />mortgagee that _ they are.._... , at the delivery hereof, the lawful owner S_ of the premises above conveyed and described.
<br />;pd_ are__ __ "iced of a toad and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that._ t heY___ will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of
<br />m_ TWO _THOUSRND._FIVE__HUNDRED_FORTY-EIGHT DOLLARS AND _NO /1,,,,g
<br />with interest tieireon. together with such charges end advances as may be due and
<br />Y payable to said mortgagee under the terms and conditions
<br />a the ptomiasory note of even data herewith and secunvt hereby, executed by said mortgagorS__.. to said mortgagee, payable as onditi ns
<br />w a� aMe. and to secure she performance of all the terms and conditions contained tF.rrein. The terms of said note are hereby incorporated
<br />htaein by " refereaee.
<br />It's Na is issian and agfmu"A of the parties hereto that this mortgage shall also secure any Future advances made to ,said mongagorg. _
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors, or any of them, may owe it _ ,
<br />laid mortgagees. however evidenced, whether by rote, book account or otherwise. This mortgage shall remain in full force and effect between
<br />advances are paid indfull with interes personal representat,vew, successors and assigns. until all amounts secured hereunder, including Future
<br />The mortgagor.- S.,_... hereby assign ... to said mortgagee all mote and income arising at any and all times from said property unit
<br />hereby autheru®e said mortgagee or its agent, at its option, upon default, to take charge of said property and collect all rents and income
<br />r4cmswY to and apply the acme to the payment (if interest, principal, insurance premiums, taxes, assemsmerts, repairs or improvements
<br />ks$P said Maly in t@Om ge condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />rest assignment shat continue in force until the unpaid balance of sad tote is fully paid. The taking of pos."asion hereunder shall in no mariner
<br />pwav6ut or retard Fad mortgagee in the collection of said sums by Inre c.lusure or otherwise.
<br />The failure of the nxmtgags® to assert any of its rights hereunder at any time shall not he construed an a waiver of its right to assert t he
<br />sense at any titer time, and to insist upon and enforce strict compliance with all the terms and provisions of said tote and of this narrtgage.
<br />If nsd neortilledOr S shall cause to be paid to saki nortgagoe the entire amount due it hereunder, and under the temis and prov,skns
<br />of said note hereby secured, including future advances, and any exte mans or renewals thenmf in accordance with the terms and pnrvisuq,s
<br />MW if said mortgagail.S._ IhaU camply with all the mvuilons of saki mote and of thin mnr a
<br />tathisreniall
<br />to in kill foroaand Meet. sold said mortgages p to mi then they, ndful y shell o ,hell.
<br />wb& d tW sae &alit utg shall "by to to the possealue of all of mad mild may, and may, at its "erg hill.
<br />rated thereby tar Ire immrthatrl der and payable. oral may (hrvdhxde this nortgaKi•
<br />a tape any molter legal scum to proeect its rytht. Apgoraiarment waive!. Y p Y
<br />T shalt be binding upon and shall enure tar the t.enefit of the hedrs, d`xte`UtIo", gd,mttamtratorm, quccp q 1rM grad aiRltt114111 opts
<br />live pptkm hereto.
<br />IN TNh N WIIF;fdp :Ol, saki MnrtgaghrS ha Ve berrUnt4i set their hand ti the day and first it
<br />we
<br />l q,
<br />NALD M. W�arasrt.i. �arcr. 51. w::nri+riicii.
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