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MORTGAGE 85- 003$30
<br />THIS INDENTURE. aanie this 1--- -. —__. day of - 7 7
<br />.."- "�.:e-�---- ----- ------- --...___ . 19 Ed-_ by and between
<br />DONALD W CHRISTENSEN AND-WRY _ACHRISTENSEN. HUSBAIJD AND WIFE
<br />of —&rri c k County. Nebraska, as mortgagor S and Home Fe�tral Savings and Loan
<br />organized aw existing under the laws of the United States of America with its Association of Grand lslanC. a corporation
<br />Mortgagee; principal office and play of business at Grand Island, Nebraska, as
<br />WITNESSETH: That said mortgagor c , for and in consideration of the sum of TWENTY TI4RFF Tl4nl IcJDNn TF +
<br />not t nnv a.+n
<br />the receipt of which is hereby acknowledged, do — by these presents mortgage � and 'w-4b
<br />forever, all the following described real estate, situated in the County of Na 11
<br />and State of Nebraska, io-wit:
<br />and assigns,
<br />LOT TWO (2), IN CLAUSSEN SUBDIVISION, BEING A PART OF THE WEST HALF (W %2) OF THE
<br />SOUTHWEST QUARTER (SWI4) OF SECTION TWO (2), IN TOWNSHIP ELEVEN (11) NORTH, RANGE
<br />TEN (10), WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA.
<br />Together with all heating, air conditioning, lighting, unit plumbing equipment and fixtures. including scrams. 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 HOLD THE SAME, together with all and singular the tenements. hereditaments and appurtenances thereunto be-
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor _S hereby covenant --- with said
<br />mortgagee that - _ t he -_y._ 4-re - - , at the delivery hereof. the lawful owner S,_ of the premises above conveyed and described.
<br />lout— . —ar9_ seized of a good and indefeasible estate of inheritance therein. free and clear of all encumbrances, and that --t t hey- will
<br />warrant and defend the title Lheteto forever against the claims and demands of all persons whomsc>twer.
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of -_- TWENTY THREE--.----.
<br />TEN DOLLARS AND 50/100 -- - -_
<br />— - - - - - -- -- - - -- 23 010.50
<br />red Dollars IS----- .---z- -.._-
<br />wick interest thereon, together _ with each charges and advaances as may be due and payable k+ said mortgagee under the terms and conditions
<br />Of the promissory note of even date herewith and secured hereby. executed by said mortgagor A_ _ to said mortgagee, payable as expressed
<br />in said no&e• and to secure the Performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />hneio by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgor $._
<br />by said mortgagee, and any and all indebtedness in addition to the umount ga
<br />above stated which said mortgagors, or any of them. may ne
<br />or e to
<br />said mortgagee, however evidenced, whether by note. book account or otherwise. This mortgage shall remain in full force and effect between
<br />the parties hereto and their heirs, personal representatives, successors and assigns, until all amounts sutu
<br />advances, red hereunder, including futu re
<br />are paid in ful! with interest. re
<br />The hereby authorise said -- hereby m' its agent, at said
<br />option, rtgagee all rents and income arising at any and all times from said property and
<br />therefrom and Pon default. to take charge of said property and collect all rents and income
<br />hap twine to the payment it interest, principal, insurance premiums, taxes, assessments, repairs or improvements
<br />MOIRMY to y in temttuek condition, Or w other charges or payments provided for herein or in the now hereby secured. This
<br />raat assignment tdrli continue in form until the unpaid balance of said note is full
<br />prevent rr retard twit Y paid. The taking of possession hereunder shall in no manner
<br />mortgsgse in the collection of said sums by foreclosure or otherwise.
<br />The (Marc of the mortgages to smart any any of its rights hereunder at any time shall not be construed as a waiver of its right to nwwn the
<br />same at any War three. and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this mortgage.
<br />If said anertpgtn► S shall cause to be paid ton said mortgagee the entire amount due it hereunder, and under the terms and provisions
<br />of said note hereby secured, including future advances, and any extensions or renewals thera+f in accordance with the terms and provisions
<br />tkaeaf, and Ysaid mortgogor-S--._... shW comply with all the provisions of said note and of this mor,.gage, then these presents; shall la• void.
<br />aNuarw ere so "essaiP in (W 11000 sad llf I , and said mortgaget shall he entitled to than famstssion of all of amid property. and may. at its aptan,
<br />dsaae the rrhaie Of std trole and W kidgibleedesse, represented thereby to be inunadiaLel due and
<br />ar titer eery emhar � eaten to protect its tight. Appraistment waived. y Instable. and nay foreclose this traertgape•
<br />This mor4poe shall be binding upon and shall enure W the benefit of the heirs. executors, administrators. s n
<br />ucyuawtrs ad assignee o9 th+
<br />reaPetuive'Parties hereto.
<br />IN WITNEffS %,IiEfth'OF, said Mortgagor S haVe hereunta. set their
<br />. �� -. -. , �•, .. hand S the des and . era r brut abuce
<br />C.
<br />NALD W. CHRI T6NSN j�
<br />t
<br />CHRISTENSENp�
<br />R
<br />
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