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MORTGAGE 85- 004168
<br />THIS INDENTURE, aside this____._28th_.— _— _._ -_- -day of 19 85_., by and between
<br />SCOTT F. BRUNZELL, AND BARBARA L. BRUNZELL,HUSBAND AND WIFE
<br />Of Hal 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 mortgagor __ 5— T_, for and inconsideration of the sum of THREE THOUSAND FIVE HUNDRED
<br />THIRTEEN AND 73/100 ----------------------------- Dollars($ 3,513.73 I,
<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 Ha 11
<br />and State of Nebraska, to -wit:
<br />LOT TWENTY SIX (26) IN BLOCK THREE (3) OLDE MILL SUBDIVISION, CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />Together with all heating, air conditioning. lighting, and plumbing equipment and fixtures, including screens, uwnings, 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 />plated thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, her ditaments and appurtenances thereunto be.
<br />longing, or in anywise appertaining, forever, and warrant the title to the saint-. Said morgagor S hereby covenant with said
<br />mortgagee that t hey .. are. , at the delivery hereof, the lawful owner S of the premises above conveyed and described.
<br />and 2TB seized of ■good and indefeasible estate of inheritance therein, free and clear of all encumbrances. and that t he x _. will
<br />warrant and defend the title, thereto forever against the claims unit demands of all persons whomsoever.
<br />PROV 1 DF.D ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of THREE THOUSAND_
<br />FLUE HUNDRED THIRTEEN AND 73/ 100 --------------------- Ikollarsls. 3,513.73 11 1•
<br />with interest thereon, together with such charges and advances as may be due and payable to said trantgagee under the terms and conditions
<br />of the promissory note of even date herewith and seeund hereby, executed by said mortgagor S _ to said mortgagee, payable as expres.vd
<br />in said tale, and to secure the performance of all the terms and conditions contained therein. The terms of said note. are hem-by inc rpOW4.41
<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 mate to said mortgagor S ..
<br />by said mortgagee, and any and all imdebt.edrimst in addition to the amount shove stated which said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced, whether by note, book account or otherwwe•. 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 secured hereunder, including future
<br />advances, are paid in full with interest.
<br />The mortgagors. - . hereby assign _ . to said mortgagee all rents and income arming at any and all times from said property mod
<br />hereby authorixe saki mortgagee or its agent. at its option, upon default, to take charge of said property amp collect all rents and income
<br />therefrom and apply the sane to the payment of interest, pnncipal, insurance premiums. taxes, assessments, "-pairs or improvenents
<br />nalla ry to ltsep said property in tenantable condition, or to other charges or payments provided for herein or in the note hereby secured. 'Phis
<br />teat sashrmnent shall continue in force until the unpaid balance of said tote is fully pad. The taking of possession hereunder shall in no manner
<br />prevent or ratard said mortgagee in the collactkon of said sutras by foreclo su". or otherwise
<br />The failure of the mortgagee to assert any of its rights hereunder at any time, shall not he construed ■s a waiver of its right to assert the
<br />earn at any later time, and to insist upon and enforce strict compliance with all the terms and provisions rat said note and of this mortgage
<br />If said monpgor S shall cause to he paid to said nurtgrgsr the entire amount due it hereunder, and under the terms and provrswon.s
<br />of said now hereby aaeured, including future advances, and any extensions or renewals thereof in ao- comlam•e with the termms and provisions
<br />diersef, and YMid mortgavor- S -_- shall comply with all the provisions of said mote and of this mertguge, then these presents shall he void.
<br />oliretwide W rated" in fall ford and,flecl, said acid mortgages shall he entitled to the possesswm of all of said pmgrty, and may, at its opt on.
<br />daiWe tot wltals of sand rte sad all itWebtedneaa represented thereby tit be immediately due and payable, and may fore hose this naerlyage
<br />or tape any sourer legal action to pmotact its right. Apprit awment waived.
<br />Tkia ntnt'tgage shall be binding upon and shall Plane to the benefit of the heirs, exe utors, admunrsl into", sure +ewers mad assign. ,d I he
<br />respecttve'partwsa herein.
<br />IN WIT 8", WIlf",RLOF. sakf.Xltrtgagnr havf' hereunno eel tflui f hnod'r th.• day and year fast rah,,.,•
<br />wntMn
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