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<br />9
<br />MORTGAGE 85-- 001831
<br />THIS INDENTURE, toads this— 16th
<br />ROBERT J. RUSSELL JR _.__._._ day of— __- Apr 11_
<br />- _ - - - -- - 19 8 -5 - , by and between
<br />AND SHERYLE D. RUSSELL HUSBAND AND WIFE
<br />M — Hd 1 I _County, Nebraska, as mortgagor ? —
<br />organized and existing under the laws of the United States of America with its nprincipal Savings fice and place offsbusinessnatfGrand Island, Nebraasska. as
<br />mortgagee;
<br />WITNESSETH: That said mortgagor_ $ for and inconsideration of the sum of- E_IHOUSAND ONE H11 DREn
<br />TWENTY-EIGHT DOL 1ARS ANI? 25/100 - -_
<br />--------------_-_. Dollars (S_1 � 1 %R 25
<br />the receipt of which is hereby acknowledged, do __- —__ _ __ by these presents mortgage and warrant unto said mortgagee, its successors and assigns,
<br />forever, all the following described real estate, situated in the County of
<br />and State of Nebraska, to -wit: - --
<br />LOT ELEVEN (11), IN BLOCK ELEVEN (11), IN COLLEGE ADDITION TO WEST LAWN, AN ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA,
<br />Together with all heating . air condrtionng, fighting. and plumbing equipment and fixtures, including ,corm, awnings. storm windrows and
<br />doors, and window shades or blinds, used nn or in connection with ..aid property, whether the .-ssame are now 1,outad on sold limperty nr hereafter
<br />Placed thereon.
<br />TO HAVE AND To HOLU THE SAME. together with all and singular the tenements, hereditament, and appurtenances thereunto be-
<br />longing, or in anywise appertaining, forever and warrant the title to the same. Said mrorgugor
<br />mortgagee that t hey are S hereby cm errant with .,aid
<br />tit the de•IiNV'ry herct f, the lawful owner S of the premiss aboll• ionised and de-nl »d.
<br />and are seized of a Wool and irulefeasable state of Inheritance thereon, for and "leer of all encumbrances, and that the V will
<br />warrant and defend the title thereonn forever against the claims and demands of all persons whomwwver
<br />1 KUVIDED ALWAYS, and this instrument is uxeruted find delivered to secure the payment of the sum of ONE THOUSAND_ ONE
<br />HUNDRED TWENTY EIGHT DOLLARS AND 25/100 ---------------
<br />with interest thereon, together wf.h such charges and advances as may tar due and payable to said mungager 12Gi 2J term, and cnndlUoni,
<br />of CJte Promissory note of even date herewith and secured hereby, executed by =,aid na,rigagor S to said moriga+Clr. payable a, .•xpn•sseal
<br />in said mote, arel to secure the performanre of nil the terms and conditions cunta n al therem. The terms of said note are hen•by mrorpnmtrd
<br />herairr by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shall Alwa secure any futune advances rw& to .all] mortgagor S
<br />by said mortgagee, and any and all mdehte dne:cs in Addition to the Amount alwve staid wheel, 'Aid mortgagor,. fir anti of them, may owl i„
<br />said mortgagee, however evidenced, whether by note . bm,k account fir otherwise This narrt.gage shall nemun in full for-ri and efle, t Lea w,rn
<br />the, parties hereto and their heirs. personal representative,. success, r and assign•. until all amount, seeund hcn•undir. uuhadmg luturr
<br />Advances, are paid in lui! with mtereat
<br />The mortgagor S hereby assign to said mortgagee all rents and income arising at tiny and all tuna, final Baal pro {avt� and
<br />tie therefrom m and a said mortgagee t or its agelat. at its option, ulwn default, to lake charge of sued property and wile, t. ail t, and I,
<br />thtvefrnni and apply the same to the pay na•nt of interest, principal, Insurance premium'. taxi.,, assessments, n•pair, or iIapto enaeat;,
<br />necessary to keep said property in tenantable condition, nr to other charges or pnyments provided for herein or an t he note ht r,,hy -s,,un j I,h.%
<br />rent asvigriment shall continue in force until the unpaid hntance of said note Is fully pond the taking of pa n hemunder ^.hail m no ....Inns;
<br />Prevent or retard said mortgagee in the colk!xhma of said nuts by forirlosun• fir ntherwes•.
<br />The• failure of the mortgagee tie Assert Any of it., right, hentundir at anv time shall nut be nautruisf a, A waiver of its right ur acaen the
<br />%arse At ally later time, and W Insist upon sit, :l e•nfiuec .trot roalplu n t, with all the terms and pnicnu,ns .,1 ,aid note• land of thy= floor tgagi
<br />If seal mortgagor $ shall ""rose a, tat paid fir -said nuntgager Uu• antis• amount due a hireundcr. and under the a „nor ,and proyi,u,n,
<br />of said rote hereby secured. including tenure advances, and tiny eatensiune or renewals thvna,f u, ii—od ric,• ash the term, and peen i•.aon>
<br />thereof, and if said mortgagor $ shall comply with all the provesion.a nl sAid note and 'If this mortgage, then thew• present, ,hall ton coal.
<br />declare the whob oafs aidfrwafe andallfindelltedrue- n'air"'ated therebyrtntheefAnI 111” dllfreI d11 in (It 11 Id "I,I and , i lant olaVthi, nrarltgeia,,
<br />ton take any Wine legal action to protest eta right . Appi ni ,"lent waived .
<br />'I'll" iraittgage "Pall la, handing upon And ,hall "stir•' t., the beni,fit of t he h,•ry , verutrrt, ad mist art , ..arc nd as,ign, .d U
<br />nesp tie parn hereto r, „ a
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