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<br />MORTGAGE 5` 002977
<br />THIS INDENTURE. made this _ _ _21St - _ . __ -day of— _.Mille._.-_ _ ... _
<br />. 19 85. . by and between
<br />J RRY__D,__CONROY AND _SHARONL. CONROY_,L__HUSBAND AND_
<br />of _Ha 1 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 />Mortgagee,
<br />WITNESSETH: That said mart or _S for and in consideration cot the sum of __T1iRa- -.�SAND_ F I rHT _____ - - - - --
<br />HUNDRED SIXTi FOUR DOLLARS AND 211100 --------- ---- - - - - -- 3,864.21
<br />lars (S i,
<br />---- - - - - --
<br />the receipt of which is hereby acknowledged, do _ h} these presents rtgag r stdt�rt
<br />g its successors and assigns,
<br />forever, all the following described real estate, situated in the County of Hd 1 `''°$ '"
<br />and State of Nebraska, to -wit:
<br />A TRACT OF LAND COMPRISING A PART OF THE SOUTH HALF OF THE SOUTHWEST QUARTER (SI2SW14)
<br />OF SECTION TWENTY ONE (21), TOWNSHIP TEN (10), NORTH, RANGE TEN (10) WEST OF THE
<br />6TH P.M. HALL COUNTY, NEBRASKA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />BEGINNING AT A POINT ON THE SOUTH LINE OF SAID S1zSW4, SAID POINT BEING FIVE HUNDRED
<br />SIXTY (560.0) FEET WEST OF THE SOUTHEAST CORNER OF SAID S!ZSW,9 THENCE RUNNING WESTERLY
<br />ALONG THE SOUTH LINE OF SAD St -2SW14 A DISTANCE OF FOUR HUNDRED FORTY TWO (442.0) FEET;
<br />THENCE DEFLECTING RIGHT 90 00' AND RUNNING NORTHERLY A DISTANCE OF THREE HUNDRED
<br />FIFTY (350.0) FEET; THENCE RUNNING EASTERLY, PARALLEL TO THE SOUTH LINE OF SAID
<br />S2 ;W,I4 A DISTANCE OF FOUR HUNDRED FORTY TWO (442.0) FEET; THENCE DEFLECTING RIGHT
<br />90 00' AND RUNNING SOUTHERLY A DISTANCE OF THREE HUNDRED FIFTY (350.0) FEET TO
<br />THE POINT OF BEGINNING AND CONTAINING 3.551 ACRES MORE OR LESS OF WHICH 0.335 ACRES
<br />MORE OR LESS IS OCCUPIED BY PUBLIC ROAD RIGHT OF WAY.
<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 BOLD THE SAME, together with all and singular the tenements, hereditanlents and appurtenances thereunto be-
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor S herehy covenant with said
<br />mortgagee that t he are at the delivery hereof, the lawful owners of the premises above conveyed and described,
<br />and - -a. re seized of a good 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 whom. -Ax ver.
<br />PROVIDED ALWAYS. and this instrument is executed and delivered to secure the payment of the sum of THREE THOUSAND_ EIGHT
<br />HUNDRED SIXTY FOUR DOLLARS AND 21/100 --------------- _ Dollars 864,21 y.
<br />with interest thereon, together with such charges and advances as may be due and payable Uo said mortgagee under the terms and conditions
<br />of the promissory now of even date herewith and secured hereby, executed by said mortgagor S to said mortgagee, payable as expressed
<br />in said tote, 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 and agreement of the parties hereon that this mortgage shall also secure any future advances made to said mortgagorS
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated which said oaortgagors. or any of them, may owe !s
<br />said mortgagee, however evidenced, whether by note_, book account or otherwise. This mortgage shall remain to full force and effect hetwcr -n
<br />the parties hereto and their heirs. Personal representatives, successors: and assigns, until all amounts secured hereunder, including future
<br />advances, are paid in fui! with interest,
<br />The mortgagor $ hereby assign to said mortgagee all rents and income arising at any and all times from said property and !
<br />hereby authorize said mortgagee or its agent, at its optwn, upon default, to take charge of said property and collect all rents and income
<br />efrom and apply the name W the payment of interest, principal, insurance preatlaunls, taxes, assessments, repairs or improvements
<br />necessary to keep said prooperty in tenantable condition, or to other charges or payments provided for herein or in the note hereby se.,cured. This
<br />rent aasignrrwnt shall continue in force until the unpaid balance of said note- is fully paid. The taking of pxossession hereunder shiell in no otannut
<br />prevent or retard said nwrtg in the collection of said sums by foreclosure or otherwise.
<br />'I`her failure of the mortgagee oo assert any of its rights hereunder at tiny time shall not he construed as it waiver of it.s right to assert 1 he
<br />same at any later titre, and to insist. upon and enforctr strict, compliance with all the terms and provisions of said now and of this naortgat;e
<br />If said mortgagor S shall cause W he paid to said mortgagee the entire amount Diu it hereunder. and under the term:- and provisions
<br />of said tote hereby w.ured, including future advances, and any extensions or renewals thereof in accordance with the terms and provtstotas
<br />thereof, and if said mortgagor S shall comply with all the provisions of said note and of this mortgage, them these, presents hall Fee wool,
<br />oUwrwm to remain in full force and effect, and said mortgagee shall he entitled to t he px,sse uslon of all of said property, and may, at its optsoaa.
<br />declare the whole of said rune and all indebtedness reprVented thereby to be inunediatel,y slue and payable, and ni as fortwi se this asnartt t.';<
<br />or take any other legal action to protect its right Apllraist-ment. waived.
<br />'Phis mortgage shall be binding upon and shall enure to the 1wilefit of the heir€;, executiir aslrotrllstrillors, seiccessa�r auel
<br />renpet,t ive parties ha'retor assag ns
<br />IN WiTNIL,SSti 46'til >it1 :(ll�. saidl Murtgtagoa S ha V(' hereunto •.et their hand S the day snit yeae first ,,ha.c
<br />C
<br />%° SHARON 1— CONRm
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