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MORTGAGE �� 001361
<br />THIS INDENTURE, amde thi 22nd
<br />- - - -- _. -- day ot March 19 _85 by and between
<br />DENNIS H. _.4AKQB AND JAMS P._AAKOB Husband and wife
<br />of,. H211 County, Nebraska, as mortgagor S and Home Federal Savings
<br />organid and existing under the laws of the United States of America with its principal offs d place off bus business
<br />Mortgagee; Card Island, Nebraska, gagee:
<br />WITNESSET!I: That said mortaaaor_R___`_ , for and inconsideration of the sum of. SIX THOUSAND SIXTEEN DOLLARS
<br />AND NO/ 100------------------------- - - - - -- 6 O1
<br />the receipt of which is hereby acknowledged, do ----by these presents In rt Ir
<br />S_i , its successors and assigns,
<br />forever, all the following described real estate, situated in the County of __1j$ll '§ - TV ayo €'. - s
<br />and State of Nebraska, to -wit:
<br />LOT THIRTEEN (13), IN BLOCK TWO (2), LAKE DAVIS ACRES SUBDIVISION, HALL COUNTY,
<br />NEBRASKA
<br />Together with all 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 />, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor S_ hereby covenant _ with said
<br />mortgagee that t he Y are , at the delivey hereof, the lawful owner S of the premises above conveyed and described,
<br />artd are seized of a goof and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that _t_ he y- 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 SIX- _THOUSAND_ S I x-
<br />TEEN DOLLARS AND Fd0/ 100-------------------------- - - - ---
<br />with interest thereon, t _ Dollars IS _6..016.-0.0_ _
<br />together with such charges and advances as may he due and payable to said mortgagee under the terms and conditiorl
<br />of t pmt note of even date herewith and se cureml hereby, executed by said mortgagor
<br />in t� note. told to secure the y S to said mortgages , payable as expressed
<br />heram performance of all the terms and conditions contained therein. The terms of said note are herebv incorporated
<br />by this rrfasenre.
<br />It is the intention and agraament of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor S__
<br />by said Mortgagee. and any and all indebtedness in addition to the amount alx,ve stated which said mortgagors. or any of them, may owe Io
<br />said mortgagee. however evidenced, whether by note. (rook account or otherwise. This ntortgage %hall remain in
<br />ante parties hereto and their heirs, personal representatives, successors and assigns, until all untss'ecured fhereunder,nincluding f tun
<br />advances, are paid in full with interest.
<br />The mortgagor 5 hereby assign to said fmirtgagee all rents and Income arising at any and all times from said prrprrty and
<br />hereby therefrom authorize said mortgagee agent, at its option, upon default. to take charge of said property and collect all rents and income
<br />and apply the same to the payment of interest, principal, insurance prrmtum,, taxer, aw ssments, n•pairs or Improvements
<br />nevestanry to keepsaid PnnXftY in tonsintsiblecandition. or to other charges or Payments provided for harem or in the note hereby soured. This
<br />sett assignment shall continue in force until the unpaid balance of said note is fully paid The taking of lrrssesston hereunder %hall In no manner
<br />Prevent or retard saint Mortgages, in the collection of said sums by fortw1 pure or otherwise
<br />The failure of the mortgagee
<br />game at'any ! time, to as rt any of ita rights hereunder at any time shall not lie ronstrued as a waiver of its right to assert the
<br />and to insist upon and enforce ntrmt compliance with nll the terms and provisions aif seal note anti of thin mortgage.
<br />If said Mortgagor S Shall cause* to he paid ui safd Mortgagee the entire amount due it hereunder, anti under the terms and pmv tsfnns
<br />of said note hereby Secured. including future ativAref', and Any oxte•nioinns tar wraiwal' tlrenw,f in aerordnnce with ifie Iernls and prwtstnns
<br />tbftvd, d If 5_ shill couply with all the provisions of said note and of thin mortgage, them I, hem presents shall Poe void,
<br />otharerks" to fn fretl form and effect. and said mortgagee shell he rntitlod to the Itos aeSnion of all oP weed Ironic sty, stint stray. at Its IolM Mn.
<br />t� of Il de and all is relile iited thereby to he iounaliately due arts, pavatole. and may formiese this anal
<br />or take arty Mgal action to t its right. Appraisament waived. �ag0
<br />Thy shall he binding upon and shall ennire to tfiv Ilenefit if the heirs, ertet'utrs, admltnmtratorw, Hlirt"N.-Cs and aam
<br />gTV el flit, red ..five hereto.
<br />I jWITNIss Wllf;imop`, sahl'09ort.gagor S lift hereunto net their
<br />mart rq 1 _.hand S the day and year fuwt Mane.,
<br />� / i•
<br />JAkO0
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