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<br />PAUL- L. SPILGER AND ALMA L. SPILGER, HUSBAND AND WIFE _ - AND _. GERALD BRll�_ECOL- L_INGSWORTH
<br />AND VIDA L. COLLINGSWORTH, HUSBAND AND WIFE
<br />of _._. Hall_ Count%, Nebraska, as mortgagor S and Home Federal Savings and Loan Association of Grand Island, a corporation
<br />organized and existing under the law: of the t_,nked States of America with its principal office and place of business at Grand island, Nebraska, as
<br />mortgagee;
<br />WITNESSETH: That Said mortgagor S__ -- ______ , for and in consideration of the siienof- j�- 7(J���(��
<br />DE_..IlOLt Aa$__AriC1.7.8�1QQ _ -- -
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<br />the receipt of which is hereby acknowledged, do by these presents min gage t !4M, Aag-el its successors and assigns,
<br />forever, all the following described renal e. -rate. ,ftuated in the County of
<br />and State of Nebraska, io -wit -- '" - — - -. --
<br />A TRACT OF LAND IN THE WEST HALF OF THE SOUTHEAST QUARTER (W!,ZSEQM SECTION FOUR (4) T
<br />SHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE SIXTH P.M., HALL COUNTY, NEBRASKA,
<br />MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />BEGINNING AT THE SOUTHEAST CORNER OF THE WEST HALF OF THE SOUTHEAST QUARTER (W12SE1.a) OF
<br />SAID SECTION FOUR; THENCE IN A NORTHERLY DIRECTION PARALLEL WITH THE EAST SECTION LINE
<br />OF SAID SECTION FOUR, A DISTANCE OF THREE HUNDRED SEVENTY -THREE (373) FEET; THENCE
<br />WESTERLY AND PARALLEL TO THE SOUTH LINE OF SAID SECTION FOUR A DISTANCE OF ONE HUNDRED
<br />THIRTY (130) FEET; THENCE IN A SOUTHERLY DIRECTION AND PARALLEL TO THE EAST LINE OF
<br />SAID SECTION FOUR A DISTANCE OF THREE HUNDRED SEVENTY -THREE (373) FEET; THENCE ALONG
<br />THE SOUTH LINE OF SAID SECTION FOUR A DISTANCE OF ONE HUNDRED THIRTY (130) FEET; TO THE
<br />POINT OF BEGINNING AND CONTAINING 1.113 ACRES MORE OR LESS.
<br />Together with all heating, air conditioning, iaghtmg, and plumbing e(I-pment and fixtures. incitidinJ; .crtvns. < +wrings. .torni windows and
<br />doors. and window shades or blinds, used on or in connection with said property, whether the same are nor Vorattrl 1 n said f,rof,trty or hereafle•r
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME. together %%ith all and singular the tenements, hereditament, and appurtenances thereunto lie
<br />longing, or in anywise appertaining, forever, and warrant the title tat the same Said rnorgagor
<br />herehv covenant with .iud
<br />mortgagee that the Y are tit the dclnery hereof, the iawfui ,,wrier S of the premises above convt•vttl and de >cnhvtl,
<br />and- are seized of a good and indefeasibie estate ail inheritance therein, tree and clear of all encumbrances, and that t he V ts111
<br />warrant and defend the title thereto forever against the claims and demands of ail persons whomsoever
<br />PROVIDED ALWAYS. and this instrument is a —A-ted and delivered tc: securt• the payment of t.ht• sum of SEVEN THUUSAND
<br />FIVE HUNDRED ONE DOLLARS AND 78/100 -------- - - - - -- Dollarsi$ 7,501.78
<br />with interest thereon, together with such charges and advances as ntay he due and payable to .aid mortgagee under the torn, and condtt uua,
<br />of the prarmisaory note of even date herewith and ,ecurt-tf herehv. ext•Cuted by sand mortgagor S_ it, sutd mortgage -, payable as expr(•ss,•d
<br />in said rote, and to secure the performance of all the terms and conditions contain(A tf:erein The terms of said note are hereby incorporated
<br />herein by this reference.
<br />It is the Intention and agreement of the parties htreto that this rnortgage shall also secure any future advances made to said mortgagor S
<br />by said mortgagee. and any and all indebtedness, in addition to the anwunt shove stated which said mortgagors, or am' of there, may nv,o t,
<br />said mortgagee, however evitienteti, whetht:i by note. btxwk accoum or utherwisc. This mortgage shall remain in full force- and efttt hetwlrn
<br />the parties.; hereto and their heirs, personal representatives. successors and assi911,. until all amounts secured hereunder, including futairy
<br />advances• are paid in full with interest
<br />The mortgagor 5_ hereby assign to said mortgagees all milts and inctmte arising at any and all tunes from .sail property soui
<br />hereby authorize said mortgagee or its agent, tit, its option, upon, default, to take ihargr of Said property and cofifYt all rvill.• and income
<br />therefrom and apply the same to the payment of interest, principal, insuronce prenuunis, taxes, assessnients, repairs or onpiovein,•nt :,
<br />necessary to keep said property in tenantable condition, or to other charges or payments provided for herein or in the note herehv securled "Fhi.
<br />rent assignment shall continue in force 14110h the unpaid halance (if said note 1.9 tuliy paid The talking of lari,eechu,n ht,rounda•t hall io no rnann,•r
<br />prevent or retard said mortgagee in the collcsrc:taon of said 1,urlls by lon•taosure or otherwise..
<br />The failure of the mortgagov to assert any of its rights herounder at any time :hall not he construed 4,s if waiver of its right In iis,ert t ha•
<br />"Ile at arty later time, and t.o insist Moan and enfont <trict comphanie with fill the, terrn.s and provisions of "auf 114,14. and of thir, rnorlgagv
<br />If said mortgagor $ "hall cause to lµ. paid U1 4111(1 mortgagor the ent'ir'e amount slue it fwrcunder. ;)oll under the t, rr,e, arn1 plus i.aon
<br />elf Sold came hereby % ecure, including future advances, and any extenwwn :, 4,r renewals Ihereatf in lit ordarsle^ with iht tvim. :an(f luv,viSion.
<br />thereof, And if said mortgagor S shall comply with till i.he ltnavisiort.s 'it said note slat of this inoitgagt. !heo these hall he told.
<br />other - tar relmain in full forte atad effect. and :raid inortgagtos Etal! far entitled to tilt, fn,r+ a ;. :;u,4, of Idiot Stott ferolwitl , and niaiy, al its ,q11 loo,
<br />glare the whole of -aid noW and all indebted-tai thereby to hay irzuntvfurtely rlur 411111 pavdldv, and etas this moil' ats,
<br />or take any other kegal action to lifoLvIct its right Appransenwrtt wieivcd
<br />This mortgage -hall ire3 buiiI1lW upoll anti ••haall entire '1. 1114 imnafit ref the heir., ,c1ao t,4, v, a <iin lnca rat,u., •urte•h `.oi. ,,4,,i a>,r,ia n. „t l lac
<br />tvspv(alve pfunirst herd.,,
<br />IN WITNESS Affl;1i11411, - sas,.E �9ortlr,a :a,,,r 5 ha Vf' actin!„ .,•t the 1t" 111111,! , 111 Jat
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