|
In
<br />MORTGAGE 85-:: 001733
<br />THIS INDENTURE, made this `8TH_ — -- day of 1- ,-- - - - - -. _ - - 19 $5 -_, by and betweten
<br />ROGER B tEN N -AN_ D_OFARET x_ ,7FNSEN,_-H
<br />of na i t County. Nebraska, as molt S -
<br />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 />manages:
<br />WITNESSETH: That said mortgagor S , forandinconsiderationofthesun, of EIGHT THOUSAND DOLLARS AND
<br />NO /100 -------------------------------------
<br />- -- ------ --- *-Dbgaisit 8.000.00 I
<br />the receipt of which is hereby acknowledged, do ___ by these presents manage and warrant unto said mortgagee. its successors and assigns,
<br />forever. all the following described real estate, situated in the County of .._pHall
<br />and State of Nebraska, to -wit-.
<br />LOT ONE HUNDRED EIGHTEEN (118) IN BUENAVISTA SUBDIVISION, AN ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Together with all heating, air conditioning, lighting, and plumbing equipment and fixtures, including screens. awnings, storm windows and
<br />dears. and window shades or blinds, used on or in connection with said property, whether the same are now located on said property or henmfter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, hereditamems and appurtenances thereunto he,
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said margngor S_ .. hereby covenant with said
<br />mortgagee that the Y. . are , at the delivery heraof, the lawful owner S. of the premises above conveyed and described,
<br />and - _._._tire -- seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that -. -they__ 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 ex«rci -d and delivered to secu a the payment of the sum of . __ E1GHT_ T
<br />DOLLARS AND NO /100 HDUSANR-.
<br />--------------------
<br />terest here ------- - - -- -- oollm-a is
<br />with interest thwteon, together with such charges and advances as may be due and payable to said mortgagee under the terms and condition.,
<br />of the promissory note of even date herewith and socurtsi hereby, executed by said mortgagor - ..S... to said mortgagee, payable as expressed
<br />in stud note, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />herein by this reference.
<br />It is the intention ark; agreement of the parties nerew that this mortgage shall also secure any future advances trade to said mortgagor ?.
<br />by said mortgagee, and any and all Indebtedness in addition CO the amount stove stated whick, said mortgagors, or any of them, may owe I"
<br />said mortgagee, however evidenced, whether by note, 1"A account nr of herwis«. This mortgage shall retrain in full force and effect Ir•twea•n
<br />the Parties hereto and their heirs, personal representatives, successors and assigns, until all amounts secured hereunder, including femur«
<br />advances, are paid in (of! with intmest.
<br />The mortgagor.- S ... hereby assign to said mortgagee all rents and income arising at any and all tunes from said property dad
<br />hereby, authorize said mortgages or its agent, at its option, upon default, to take charge of said property and collect all rents sad incom«
<br />therefrom and apply the saute to the payment of mwrest, principal, insurance premiums, taxes, assessments. repairs or improvement,
<br />nweirmary to keep mind property in tetantahle condition. or to other charges l r payments provided for herein or in the rate hereby
<br />secured
<br />. Phis
<br />rem assignment shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder %half in no manner
<br />Prevent or retard said mortgagee in the collection of laud sums by foreclosure or otherwise.
<br />The failure of the mortgagee to assert any of its rights hereunder at any time shall not he construed as a waiver of its right to axsert the
<br />same at any later time, and to insist upon and enlolm strict. compliance with all the teens and provmons of said no, amt o! this rwrtgath
<br />If said mat.gagor S shall cause to tre paid fit said mortgages the entire amount due t1 . hereunder, and under the- trans nod pn•v isions
<br />of sad mete hereby secured. including future advances, and any extensions or renewals thensof in acconlarice• with the trnn% and pnevasauos
<br />thersef• anal If a _S.. -. -hail comply with all the provisions of amid note and of this mortgage,
<br />iae to remain in. Full faros and etHeet, and seat era g g«, then t hem pn•sellL, shall tai _14
<br />rtgagee shall h e entitled w the pouuession of all of raid property, and erwy, st Its altuon. I.
<br />declare the ice" of sad note and all s represented thereby tie be immediately due and peysbl «, amf may loror ma this is engage
<br />or take any other legal action to protect its right. ApPraiwment waived.
<br />This mortgage shall fan bmdmg upon amf shall enure to the henefil of the heirs, executors, aim mast ratom, sutceAwrts and assigns of th«
<br />-- niettive parties hereto.
<br />FNESS WPIf.;j(E4)P, said Mlongagor ' lie Ve hereunto tug their
<br />w tten hands Ili« Jay nod 'ear first :J,ne,
<br />r
<br />ROG " (3, .3Ea4S, -_ A JrT1E K. t�M! N
<br />W
<br />
|