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<br />MORTGAGE
<br />THIS INDENTURE, made thin__ 13th -_ __ _. day of ----October- -_ 19 85 . by and between
<br />DQPLALQAN. HUGH AND DIANE_ L,
<br />of _ Ha County, Nebraska, as mortgagor — 5_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 it% principal office and place of business at Grand Island, Nebraska, as
<br />rrtixtfpffes;
<br />WITNES.SETH i i i said mortgagor -_$__ __—, for and in consideration of the sum of —�
<br />FIVE THOUSAND FOUR H_UNDRE➢—
<br />------ TWENTY._FEVE DOLLAR A«P___4711QQ._------ _- _- -- ---�
<br />the receipt of which is hcrehv acknowledged, do .- ___ __ -__ __ by these presents mortgage and warring 6011001111 , it succnsors sold assigns,
<br />^is AX ,i3
<br />forever, all the following descr, bed real estate, situated in the County of _iia "1.- I - - - - --
<br />and State of Nebraska, t0 -wit.
<br />WEST HALF (W') OF LOT TWO (2), AND THE WEST HALF (W %Z) OF THE NORTH SEVENTEEN
<br />FEET (17') OF LOT FOUR (4), IN BLOCK TWENTY (20), IN SCARFF'S ADDITION TO WEST
<br />LAWN, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Together with all heating. air conditioning. lighting. and plumbing 9uiliment and fixtures, including srnsms. awnings, storm wmeiows and
<br />doors. and window shades or blinds. ustd on or in connection with -aid prop en %. whether the team,- are nr,w lo, ate,l on •:: id property err he—M—,
<br />placed thereon
<br />TO HACK AND TO tiULD rtiv sASIK. tog,tn- with ail and ••m)vlar the tenement- hs • etltam-ents Hod appurenanct•s thereunto h,•
<br />longing. or in anywise npfx rtatninK. forrcer. and warrant the ut!a to the -ame taut mnrgagor5 ht•rrby rm enan!
<br />With -coil
<br />Motgage, that t iiry are at the dehsen herett, the ia.f.il norm^ S of the premises at I. cuncry nl :roil d •�. noon -:f.
<br />and are seuetl of a g� and mdefeamb!e estate .d inhe•ntance them n. tree and rt.•ar ,;t all rneumbrance•s. a.,d that the j/ wilt
<br />warrant end defend the ullr thereto forever against the ..iAlm% and demanos of all persons whoms.A•ser
<br />PRUVII)F.I) ALWAYS. And this Instrument is ext—tvil and dell —ri4i U, 1—Im the pavment of the sum of FIVE THOUSAND
<br />FOUR HUNDRED TWENTY FIVE DOLLARS AND 07%100 ------- li,;uan 5.425.07
<br />with interest thereon. together with such charges and ,,dvdnres as may !,e• due and payatdr to said mortgagee- under the ta•mrs and c.,nditum.
<br />of the pmmissor ^cite of even date herewith and w•rur -i hen•b%, axe -It.al by <iuel Ha tit geegnr S to �aat nortgUge . pi +yaldr uo- ,•vpn•s� +'d
<br />in said note, and to secure the performance of all the terms and rondrtions contemned i hereon The terms of said note am hen•hy mrorfmrated
<br />herein by this reference. 5
<br />It m the intention and agrveme it of the parties hereto that this mortgage shall afwo secure arty future Advances made u, said mortgagor
<br />by said Mortgagee. and any and all Indebtedness in addition it, the amount above stated •xhn t, said mortgagors, or am of them, n:ay owe t,
<br />said motgage+•, however evidenced, whether by note 1-1, account or others is, "I "his nrertgag+' Khali ri-m.", in lull force and effect bet w..•n
<br />the parties hereto and their hein. perwmel repn•sentato - -, •:uccr.sors and it—gm. until alt amounts sera nsl hereunder. urrlueimg hewn
<br />Advances. are {aid in ful! with interest.
<br />The rain Kgent S hereby Assign to said mnrtghger ail rents And owome arising At any and e
<br />ail to: :,rs from nd props and
<br />hereby authon¢e said mortgage• or its agent, at it, option, uSom delauh, to take rharge of said prop rty and collect .11 re em, and osconu•
<br />payment and apply the same to the paymnt of interest, pnocipal. insurance jimmiiais, tax,••. nssrsements, mplors or impmsemom�
<br />necessary to keep said property in tenantable condition. or to other charges or payments provided for ht•reni or in the note hereby secured Thrs
<br />rent assignment shall continue in force until the unpaid halance•of said mu, w fully paid The taking of possession hereunder .hall in no manner
<br />prevent or retard saki motgagve in the collection of said ,urns by foreclosure or otherwise
<br />The failure of the mortgagee to assert. any of its rights hereunder At any time shall not h.• ronsenied is a waver of its fight to as• „rt the
<br />same at any later time, and to insist. upon and enforce •drier romphanee .1111 all the tennis and proy,sams of said note and of tht. no,ri t•.I
<br />If said ntorIpgorS shall cause to he food to said mortgagoe the entire amount du, it he•n•und,r. amt under lb• teens rend pn,v �smm
<br />of said note hereby steured, including future advances, and any extensions or renewals the•nof in accurdanre with the terms and pruvesiuns
<br />thereof, and if slid mortgagor 5 shall comply with ail the pnivismns of maid note and of this mortgage, then t hest- pre,e•nt,i shall he ' oul
<br />otherwise to remain in full force and affect, and said mortgagee shall be entitled to the possession of all e,f twill property. and Hoy. At its opt ion.
<br />declare the whole of said noW and all indebtedness represented thereby to tie immeliati•ly (In” and payable. and nut% foreclose this inortgag,
<br />or take any other legal action to protect its right. Appraiwment waived
<br />This mortgage shall be binding upon and shall enure In the benefit of the heirs. exec utnrs, admuttst raters, and Hs.signs 0 1hr
<br />respect rve - parties hereto,
<br />hereunto vet tit.... the des red sear hest abuse
<br />IN N'CENF;5S WfIF :RF;I) }•, sriA Mortgagor •�nVF? til@l,r � •.
<br />wrtten
<br />_r DOIdL DEAN HUGH t DIANE. L. HUGH
<br />n
<br />tfS
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