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<br />MORTGAGE
<br />85-- 004079
<br />T!IIS INDENTURE, made this ___..._23rd day of ___ August 19 _ _, by and between
<br />BEN J SWANSON_AND PHYLLIS A. SWANSON, husband and wife
<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 />WANtgagee;
<br />WITNESSETH: That said mortgagor S _,for and inconsiderationofthesumof SIX THOUSAND FIVE HUNDRED FOUR-
<br />TEEN DOLLARS AND NO/ 100------------------------------ - - - - --
<br />the receipt of which is hereby acknowledged, do ___ by thew presents mortgage Ond wa
<br />Hall
<br />forever, all the following described real estate, situated in the County of
<br />and State of Nebraska, to-wit:
<br />and assigns,
<br />LOT FOUR (4) IN SUNSET SEVENTH SUBDIVISION, BEING A PART OF THE NORTHEAST QUARTER OF
<br />SECTION ELEVEN (11), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M.,
<br />IN HALL COUNTY, NEBRASKA.
<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 connect ton with said property, whet her 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. hrri- draments and appurtenanncs thereunto he
<br />longing, or in anywise appertamtng, Forever, and warrant the title ti, the same said mnrgagorS herehv covenant with ,,tit
<br />mortgagee that tey are . at the dehvery hereof. the lawful owneeS of the premises above conveyed and described.
<br />and are _ - seized of a good and indefewnble estate of inheritance therein. ,`re• and clear of all encumbrances. and that thou , will
<br />warrant and defend the title thereui forever against the claims and demands of all persons whomsoever
<br />PROVIDED ALWAYS. and this Instrument is executed and delivered t, secure the pavri-a -ra of the sum of SIX THOUSAND FIVE__
<br />HUNDRED FOURTEEN DOLLARS AND NO/ 100 -------------------- lfoltar!.,s 6,514.00 _
<br />with interest thereon, together with such charges and advances as may he due anti payable to said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith and wcurt•,l hrneln. executed by said mortgagor S to sand mnrtgager. payable as e- pn•ssei
<br />in saidnote, an_ d to secure the performance of all the terms and conditions contained therein The terms at said note are hereby, mtorporat"
<br />herein 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 mortgagor S
<br />by said mortgagee, and any and all indebtedness in addition to the amount arrive .stated what. said mortgagors, or any of them. inav owe• to
<br />.said mortgagee, however evidenced, whether by note, ixsok account or othv,r ,se This mortgage shall remain in full force and effe't betwes•n
<br />the parties hello and their hear"• personal representative•', sure as r, and assigns. until all amounts s,"irrd hereunder, including future
<br />advances, are paid in fuC with interest.
<br />The mirtgagor $. hereby assign to said mortgagee ail tents and income ansong at any and all times from said property and
<br />hereby authorize said mungager or its agent, at its option, upon default, to take charge: of said property and colt tt all rents and income
<br />therefrom and apply the same to the payment of interest. principal, insurance premiums, taxes. assessments repairs or improvements
<br />necessary to keep awl properly in tenantable candtttnn. or to other charges or payments provided for herein or in the carte hereliv secured This
<br />re/K saingtuttent shall continue in force until the unpaid halence of sad not• is fully paid. The taking of posse—ion hereunder shall in no manner
<br />prevent or retard said mortgagte in the collection of said sums by forerinsur• or .ahe•rwnse
<br />The failure of the mortgagee to assert any of its rights hereunder at any Urra, shall not he connt rue-! as n waiver of it s right i o assert t he
<br />saute at any latair time, and ui insist upon and enforce strict comphance• with all the terms anti provision, of said note and of this rnirlgage
<br />If said mortgagor shall cause to he paid to said mortgagee the entire amount due it hereunder, and under the tenor and pnwtsionn
<br />of sad irate hereby smured, including future advances. and any extermains or renewals then -if to accordance with the terms and pmvasons
<br />Useraol, and d said morkilagor S shall comply with ail the provisions of sand note and n1 this mortgabn, than lht• v presents shall be• void,
<br />ttlharwim to rMnatn in full fame said sffecs. and smut mortgagee shall be entitled tat the p ants ,tsmn o all of "tit pr perty, amt mav, at nLs opt nut.
<br />dodata Ow witch of said note and all indabtadtw!as represented thereby u, he imnasdeately due and pavahle . and may fonrtna• this n%atrtage
<br />or take any other ktipal "twin to parcel its nght. Appraisement waived
<br />'Fbw numusf{r aha11 be hinding upon and shall enure to the hera•hl rd the heirs. exe. times nda"n"t rntars, sue n•s Is and nsaikms of 111,
<br />reaperteve parties hereto
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