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<br />85-004291
<br />MORTGAGE
<br />THIS INDENTURE, made this 27th- -.__ -- day of AU st __--- - - - - -- fe 65 _. by and 6acw.att
<br />ROBERT J. NIEMANN AND JUDITH G. NIEMANN, Husband and wife _
<br />of Hall County. Nebraska, as mortgagor S and Horne Federal Saving and loan Association of Grand Island, a corporation
<br />orpaitod and existing under the laws of the United States of America with its principal office and place of business at Grand Island, Nebroka, as
<br />taortgyre;
<br />WITNESSETH: That said mortgagor S for and in consideration of the sum of FIVE THOUSAND TEN DOLLARS AND
<br />50/ 100- -------------- -- - - - - -- --- - - - - -- - - -- --- lx�wfs..Q1Q,50 ).
<br />the receipt of which is hereby acknowledged, do by thew presents meings"sew win. wrto said tsoRpgee, its successors and assigns.
<br />forever. all the following described real estate, situated in the County of Hall
<br />and State of Nebraska. to -wit:
<br />LOT TWENTY FIVE (25) AND TWENTY SIX (26) IN SASS SECOND SUBDIVISION, LOCATED IN
<br />SECTION FOURTEEN (14), TOWNSHIP ELEVEN (11), NORTH RANGE NINE (9), WEST OF THE
<br />6TH P.M., 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 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 />tnoH{agur that they .. are , at the delivery hereof. the lawful owner ? of the premises above conveyed and described,
<br />mnd__._are suited of a good and indefensible estate of inheritance therein, free and clear of all encumbrances, and that _t hey-_ will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of - FI_VE_TH.0USARD -1EN_
<br />_DOLLARS AND ._50[100 ----------------- ------ - --- -- -------- Dollars lg__51010.50
<br />with inseust thereon, together with such charges and advances as may be due and payable to said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith and secured hereby, executed by said mortgagors-_... - to said mortgagee. payable as expressed
<br />in said note, asd to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />beralst by this rdarence.
<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 above stated which said mortgagors, or any of them. may owe to
<br />said mortgagee, however evidenced, whether by mote. book account or otherwise. This mortgage shall remain in full force and effect between
<br />the parties hereto and thew heirs, personal representatives, successors and assigns, until all amounts secured hereunder, including future
<br />advances, are paid in fuL' with inteseat.
<br />The mortgagor -..&__ hereby assign ___ to said mortgagee all rents and income arising at any and all times from said property anti
<br />hereby outborim said mortgyw or its agent. at its option, upon default. to take charge of said property and collect all rents and income
<br />tYwdrom and aWy the same to the payment of interest, principal, insurance premiums, taxes, assessments. repairs or improvements
<br />necessary to bap said property in tenantable condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />teat seselpentairs. abmlh continue in farce until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manner
<br />prevent or ratard said mmt=yse in the collection of said sums by foreclosure or otherwise.
<br />The fiilme of the mortgage to asset any of its rights hereunder at any time shall not be construed as a waiver of its right to assert the
<br />ease at any War time, and to insist upon and enforce strict compliance with alt the terms and provisions of said note and of this mortgage.
<br />If said mortgagor S dell cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and provisions
<br />of said now bareby secured, including future advances, and any extension or renewals thereof in accordance with the terms and provisions
<br />tysaf, mad Y said malgaprS_..- __ Ball comply with all the provisions of said note and of this mortgage, then these presents shall be void:
<br />orthwww M tetraiw "r !si hers sad eMsat. and said tr oagmgm shall be entitled to the possession of all of acid property, and nay, at its option.
<br />oiedmo
<br />the wbeM of soM now and off iat6►e ellossa represented thereby to be immediately dote and payable. and may foreclose the mortgage
<br />or take any other legal aauon to protect Ks tight. Apprai cement waived.
<br />Thin mortgage shall be binding upsa and shall enure to the benefit of the heirs, executors. administrators. successors and assigns of the
<br />respettive'patt" hereto.
<br />IN WITNESS WI IREOF, Mortgagor S haVe hereunto am their hand �SS the day and year first all-ve
<br />ari5;0�0' . � 0"�-/ - _- - JUD H G. NIEMANN
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