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In
<br />THIS INDENTURE, made trio 2nd _ day of i__Apri 1 . - -_ . 19 a__, by and between
<br />—DALE W, PEER AND LINDA K____PEER, HUSBAND AND WIFE
<br />of Hall County, Nebraska, as mortgagor S and Hari Federal Sovingsand
<br />organised and existing under the laws of the United States of America with its principal office and loam f business , G Isla' a corporation
<br />R; P Pa piece of business at Gram! Island. Nebraska, as
<br />WITNESSETH: That said mortgagor S , for and inconsideration o f the sum of_fiVF THOUSAND Tkr0 HUNDRED
<br />THIRTY SFVFN 00IIARS AND N01100 ors 5,237.00
<br />).
<br />the rxei(n of which is hereby uknowiedged, do by these (resents m rtgage
<br />MI
<br />its suce s rs and &sag's.
<br />forever, all the following described real estate, situated in the County of __Ha 1 '""•
<br />and State of Nebraska, to -wit:
<br />LOT SIX (6), IN BLOCK ONE HUNDRED AND THIRTY (130),IN UNION PACIFIC RAILWAY
<br />COMPANY'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA
<br />Together with all b'ri'g, 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
<br />connection with said property. whether the same am now located on said property or hereafter
<br />placed thereat.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, hereditaments and appurtenances thereunto
<br />hr•
<br />longinS. or in anywise appert.ammg, forever, and warrant the title to the same. Said morgagor S__ hereby covenant
<br />. _____ -. with said
<br />aartgagate that _ . they, are , at the delivery hereof. the lawful owner S of the premises above conveyed and described,
<br />seised of a q,od and indefeenible estate of inheritance therein free and clear of all encumbrances, and that _.t_ he
<br />wwrant and defend the title thereto forever against the K will
<br />claims and demands of all -_.
<br />persona whomsoever.
<br />PROVIDED ALWAYS, and this untrwment is
<br />executed and delivered to secure the payment of the sum of
<br />_F,UE__THOUSAND_ TW HUND. RED. THIRTY -S EVEN AND_n0
<br />/1OO 7---- Ikillarsls___5 with interest interest thereon, together with such charges and y I•
<br />advances as ms berdue and "___
<br />)' PYYehle to said mortgagee under the terror and conditions
<br />of the Premiasay note of even date herewith
<br />and securers hereby, executed by said mortgagor to said mortgagee, payable as expressed
<br />in said note, and to secure the performance of all the terms and conditions contained therein. The
<br />h ervin by tams reference. terms of said note are hereby incorporated
<br />It is the intnttiom and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagors-
<br />__
<br />by said mortgagee• and any and all indebudnma in addition to the amount alwve stand which :tad mortgagors, or any of them, may owe to
<br />Said mortgagee, however evidenced, whether by note, book account
<br />or otherwise. This mortgage shall remain in full force- and effect between
<br />the parties hereto and their hears, peraomal representatives successors and assigns, until all amounts secured hereunder, including future
<br />advances. are paid in full with interest.
<br />The mortgagor hereby aaaign - .. -. -. to said mortgagee all rents and income arising at any and all tines from said Property and
<br />hereby authorize said mortgagee or its agent., at its option, upon default, to take
<br />chaste of said
<br />therefrom and apply the Same to the payment of interest. principal, innurance property and c, all rants and inns
<br />{a
<br />respt
<br />prts pmvs, ruiner, rein r in th retain or improvements
<br />uaeae�ry to keep i� property in teaaotebla mnditftmt, or to other charges or payments provided for beech' or d the riots hereby secured. This
<br />rerK assignment shall continue in force until the unpaid balance
<br />of said note is fully pair!. The taking of possession hereunder shall in no manner
<br />Prevent or retard Said mortgage& in the collection of said sums by foreclosure or otherwise..
<br />The failure of the mortgagee to assert any of its rights hereunder
<br />at any time shall not be construed as a waiver of its right to assert the
<br />ert t
<br />same at any later time, and to insist upon and enforce strict compliance with all the term
<br />e end pmvisiann of said note eel of this mortgage
<br />If maid tnertgegor S shall cause to be paid to said mortgagee the entire amount due it hemutdtr. stiff under the tern,% and
<br />Of Sluil note hereby secured, indedinyt future
<br />provisions
<br />advances, Sid any extemions or renewals thereof in accrrdsnce with thit tenor and proviskmnn
<br />thereel, iad It aid mortgagor
<br />_ S'. shell comply with ale the provisions of tad note and of this mortgage, then these presents shall he void:
<br />oth" n to affect, and uad
<br />mortgagee Shall be entitled to the p onseosion of all of said Property, and may, at its opt ion,
<br />whale of > recta
<br />ex take any ether ItRH action to rs;(rrasemted the rally to be immediately clue and payable, and may foreclose this mortgage
<br />IM)"" its right. Appraiurment waived.
<br />This Mortgage Shall be binding upon awl shall enure tit the henefit of the heirs, executors,
<br />respective parties hereto, adminlstratorn. successors and esai grit od the
<br />IN,WITNEM WHFIRF:()y.1 said Mortgagor 5 have hereunto seat their hands the day &nil year limn above•
<br />wretteei
<br />� �
<br />DALE W %�PEERLI
<br />NDA K. PEER
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