A
<br />In
<br />MORTGAGE 85-. 001111
<br />THIS INDENTURE, made this —___ -- -6th - -__ -- day or March------ ._.__.__- -_ —_ —_ , 19 _A5_, by and between
<br />OLGA L. MUIRHEAD,- AN UNMARRIED PERSON
<br />of Hal I County, Nebraska, as mortgagor , 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 />mortgagee;
<br />WITNESSETH: That said mortgagor, forandinconsiderationofthesumof_ .NINE THOUSAND SEVEN HIIfJDRFD
<br />TEN IIOI1ARS AND Nn /1(M -------- , 9.710.00 p,
<br />the receipt of which is hereby acknowledged, do h'S — _ by,.: :-: presents m rtgage its successors and asdgrs,
<br />forever, all the following described real estate, situated in the County of __ Ha I I
<br />artd State of Nebraska, to -wit:
<br />THE NORTH HALF (Ndz) OF LOT TWELVE (12), AND LOT TEN (10), EXCEPT THE NORTH
<br />EIGHT FEET (8'), ALL IN BLOCK TWENTY —EIGHT (28), HIGHLAND PARK, IN THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Together with all heating, air conditioning, lighting. and plumbing equipment and f- <tures. 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, hereditarnents and appurtenances thereunto be•
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor _ _ hereby covenant _S_ with said
<br />mortgagee that S he 1$_. , at the delivery hereof, the lawful owner _ .. of the premises above conveyed and described,
<br />and _._ _JS
<br />.. J S seized of a good and indefeasible estate of inheritance thereat, free and clear of all encumbrances, and that - S he _. _. 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 tc secure the payment of the sum of
<br />___NINE_ THOUSAND SEVEN HUNDRED TEN DOLLARS AND_ N01100 -- muarslS 9.7.10.0.0
<br />with interact thereon, together with such charges and advances as may Ix due and payable up said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith and secured hereby, executed by said mortgagor _ to said mortgage, payable as exprtmsed
<br />in said trot, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />hews by this reference.
<br />It q the intention and agreement of the parties heret<e that this mort gage shall alao secure any future advances made to said mortgagor
<br />by said mortgagee, and any and all indebtedness it% addition to the arnount alt ve stated which said mortgagors, or any of them, naav owe• to
<br />book mortgagee, however evidenced, whether by note, Ik account or otherwise. This mortgage shall remain in full force and effect between
<br />the parties hereto and their hours, personal representatives, successors and asntgns, until all amounts secured hereumder, including future
<br />advance, are paid in ful! with interest.
<br />The mortgagor...._._.. hereby assign S.. to said mortgages all rents and income arising at any and all times from said property and
<br />hereby authors said mortgagee or its agent. at its option. upon default. to take charge of said property and collect all rrnts and income
<br />thaefrtms and apply the acme to the payment of mWemet principal, insuranx premiums. taxes, a. mints, repairs or improt rimmits
<br />necessaary to fit iesid property in temrstahle condition, or to other charges or payments provided heeim ow in the tote beraby securrd. This
<br />rent assignment shall continue in force unto the unpaid balance of said note is fully paid. The taking of possession hereunder shall it no manner
<br />prevent or retard said mortgages in the culloetion of said rums by inr^rhmur• sr opthtrwiae.
<br />The failure of the mortgagae un assert any of its rights hereunder at any time ahall rim h,r cnnstrued as a waiver of its right to assert the
<br />same at any Iota time, acid to insist upon and enfatir suet Compliance with all the trtrnt anti provisoes of said tarty and of this mortgage
<br />If fraw Mortgagor shall cause to he paid to said mortgagee the entire amount due it hereunder, and antler the termh and provisions
<br />of sakd ode berseby secured, including future advances, and any extensions or renewals therw,f in acv orolutwe with the terms and provisions
<br />if MYd monp4w shall comply with all the provisions of said moos and Of this mamtgage, then thwsee presents shall Ice void,
<br />otbarwin to reassuss in full force, std affect, and will m intgagve shell he entitled to the IwenwVsauon of all of said jos4wAy, and tray, at its oon.ion,
<br />desellare UM whole of sand rota and all nteoi thoraby to he immexliately due and payable, anti may foreclose this ttwprtgage
<br />or Lake say ohm legal scUtm to protect its right. Appraisement waived.
<br />This mortgage shall be binding upon and shall enure to the benefit of the hairs. Viii' ruin, aelnnmstraiors, nucu tissrs and asnigua of the
<br />teapes:rvr parties hereto.
<br />IN WITNE,% W'HP,1E;41F. said Mortgagee hs S hereunto net her hull the, olsv and vent first ahosr
<br />written.
<br />6L GA L. , MU 1 8111.0
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