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<br />MORTGAGE $5-- 001690
<br />THIS INDENTURE, made dtis -- -5th _ day of __April - -- - - — 19 _ 85 , by and between
<br />PATRICK A. JAMES AND TAMMY S. JAMES, HUSBAND AND WIFE
<br />of Hal I County, Nebraska, as mortgagor S —, 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 />"W"S"W.
<br />WITNESSETH: That said mortgagor S for and in consideration of the sum of FIVE THOUSAND SEVEN HUNDRED
<br />SEVENTY FIVE DOLLARS AND 90/100 --------------------- - - - - -- fs�& , 5,775.90 d
<br />- - -- aQ ilt�te
<br />the receipt of which is hereby acknowledged, do by these presents mortgage ark _d wairisiat'fi piQ1 SOA 00115FAVC. its successors and assigns,
<br />forever, all the following described real estate, situated in the County of __ Hal-I'. and State of Nebraska, to -wit:
<br />The Easterly 40.3 feet of Lot 11 of the County Subdivision of Lots 13 and 16 and
<br />Part of Lots 8, 11, 12 and 14 of the County Subdivision of the SEa-; of SW4 of Section
<br />16, Township 11 North, Range 9 West of the 6th P.M. Hall County, 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 henaiter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME. together with all and singular the tenements, hereditarnents and appurtenances thereuntci be-
<br />longing, or in inywase appertaining, forever, and warrant the title to the same. Said morgagor.5.. hereby covenant with raid
<br />mortgagee that the y. are , at the delivery hereof, the lawful owner S of the premises above conveyoA and de,cribedl.
<br />and-,. -are seized of n good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that they a -dl
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this trtat[vment is extcutead and delivered to secure the payment of the sun of FIVE THOUSAND
<br />SEVEN HUNDRED - SEVENTY FIVE DOLLARS AND 90/100 ---------- 7>nvart� 5,775.90 l
<br />with intevest thereon. together with such charges and advances as may be due and payable to said mortgagee under the terms and conditurns
<br />of the promissory note of even date herewith and - dvrodl hereby. execute) by said mortgagor S to said noertgagt<e, payable as expreswdl
<br />in said note. and to secure the performance of all the terms and conditions contained therein. The terms tit said note are hereby aworp o "tied
<br />gain by thin refavace.
<br />It is the intention and agreement. of the parties hereto that this mortgage shall aboo secure any future advatces made to said mortgagor S
<br />by said murt , and any and all indebtedness in addition to the amount above stated which said mortgagurn, or any of them, irony owe tae
<br />said , however evidenced. whether by note. back account tit otherwise•. This uartguge shall remain in full furre and effe rt IkKwevis
<br />the janitors herald and their heirs, personal repmventat.ives. successors and nssigtn. until all amouicts secured her-under. in lot:oig futao
<br />advances. are paid in full with must.
<br />The mortgagor. $_ hereby assign to said mortgagee all rata and income arising at any and all times- frun said prupadty anal
<br />hereby authorize "aid mortgagee or Its agent, at its option, upon default, ti take charge of said property and collect all rt,w^ and twono•
<br />therefrom and apply the same to the payment cf intermt, principal. tnsurence prrnuums, taxes, amwovomenta, rrputtrs or icnpxoverru•nt.s
<br />noscessisorIi to keep said pnvpwy in tenantable condition, or to other charges or payments provided for herein or in the note hetrhv %scuov d 'flits
<br />sent assigromitat shall continue in forge until the unpaid balance of said note is fully paid. The taking of twmitemsiain hereunder shall tit no manner
<br />prevent or retard said murtgagee to the collection of fund suns by foreclosure or otherwise.
<br />The failure of the in-Agogore to &+wart any of ita rights herr.:nder at any time shall not 1,41 construed as a waiver of its right to assert the
<br />seine at any later time, and to insist. upon and enforce st rob compliance with all the tenets and prnvistans of said note and of this mortgage
<br />If said mortgagor S Hhall cause to be pail tit bard nourt.gag@e the entire ananrnt due it hereunder, and wader the tviko% and pHvi ihken
<br />ref said new hereby awned, including future adverted, and any extemstons or reaaowals theieof in aceodance with the termn and provisions
<br />sad it mod moorigegar 5 shall comply with all tits pr iomiona of said note and of tbis mortgage, then these presents .shall he vital,
<br />othigirwige to notatious in full Ins saal effect, and said naartgag ah&ll he entitled to the pacasmoston of all of said property, and nay, at its opt 14,11,
<br />dediere the of 9&W tots and all inolleffillsobsemi represented thereby to he immediately due and payable, and may torwhituto this mortgage
<br />or take any othose legal action to protect its right Apprataenwnt waived.
<br />This mouirtgosgii %hall be hurling upon and shall enure t„ the P,xeitxltt if the heirs. ate +'toner todniu itrntrs. im-tiisol, "cad assigns It the
<br />nootpectivi, puttee hetatb
<br />IN WITNL.€i W'H1?fth;Ub', d"xd Mortgagor S tcnve hnzeuot,. set /; the lr hand ifs• day and year first ,de•s,,
<br />OA RICK A. JA0fr, T MMY .. 1Aq�.r
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