A
<br />85--» 004775
<br />MORTGAGE
<br />THIS INDENTURE, wade this -_. _30th__ -.._ _______ day of __._._ Septefflber__ _ . 1 19 -8 5 , by and between
<br />__ _Lorna_J. Heuer,_ unmalrried__
<br />of _Ad T T __ County, Nebraska, as mortgagor .., 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_. for and inconsideration of the sum of SEVEN THOUSAND FIFTY FOUR
<br />__QQLLARS__ -AND-1401-WO _- - -____ ---- -_ - - -- _ - - - - -- — _IJdlars(s 7-0r)4-00 ).
<br />the receipt of which is hereby acknowledged, do...._—_._— i5 by these presents mortgage.and wail uMastdd mi nfArgee. its successors and assigns,
<br />^ «Aft .a.3
<br />forever, all the following dewribed real estate, situated in the County of ..— HA I I ° and Stare of Nebraska, io -wit:
<br />LOT SIX (6) IN BLOCK THREE (3), IN SCHIMER'S ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />Together with all heating. air conditioning. lighting, and plumbing equipment and fixtures. including srre cns, awnings, storm windows and
<br />doors. and window shad" or blinds, used on or in connection with said property, whether the same are now located on said property or hereafter
<br />placed theirs.
<br />'TO HAVE AND To HOLD THF. SAME. together with all and singular the tenement., hereditaments and appurtenances thereunto he.
<br />longing. or in anysrisr appertaining. forever, and warrant the title to the same. Said morgngor hereby covenantS with said
<br />mortgagee that Site is at the delivery hereof. the lawful owner ni the premise. above tonveyed and des'rili d,
<br />nrtd 1 S seized of a good and ineietessible estate of inheritance therein, it"- and clear of ail encumbrances. and that S. be wdl
<br />warrant and defend the title thereto forever against the claims and demands of ull persons whomes —ei
<br />PROVIDED ALWAYS, and this instrument is execcuted and deliver d to sesvre the payment ..f the sum of
<br />SEVEN THOUSAND FIFTY FOUR DOLLARS AND NO /100 ----- - - - - -- imniisig 7,054.00
<br />with interest thereon, together with such charges and advances as may be due and pavahle tri said mortgagee under the tern% and conditions
<br />of the promissory note of even date herewith and secured hereby, executed by said mortgagor to said mortgages•, payable as expressed
<br />in said ,tote, and to secure the performance of all the terms and conditions contained therein. The terms of said note am hereby incorporated
<br />herein by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shalt also secure any future advances made to said mortgagor
<br />by sad mortgagee. and any and all indebtedness in addition to the amount alive stated which saki mortgagors, or any of them, may ewe eo
<br />said mortgagee, however evidenced, whether by rate, lKx.k account or otherwise. ]'his mortgage shall remain in full force and effect lw,twe +•n
<br />the parties hereto and their heirs. personal representatives, successors and assigns, until all amounts s'cund hereunder. including futur,
<br />advances, are paid in fine with interest.
<br />The mertgaillor . _... hereby assign S to said mortgagee all rents and income arising at any and all titnees from said protwrty and
<br />hereby authorize said mortgagee or its agent, at its option, upon default. to take charge of said property and coilert till rents and mina,
<br />therefrom and apply the same to the payment of interest. principal, insurance pnemiuma, taxes, ussrssments. repairs or unprovenent•
<br />necessary to keep sold property in tenutabkr condition, or to other charges or payments provided for herein or in the note herehy secured. 'Phis
<br />rent assignment shall continue in force untd the unpaid balance W said tote is fully paid. The taking of possession hereunder shall on no manner
<br />prevent of retard said mortgagar in the collection of said sums lit, foreclosure or otherwise•.
<br />The failure of the mortgogm to assert any of its rights hereunder at any t ime shall not he construed as a waiver of its right, tit assert the
<br />same at any later tune, and W insist upon aid enforce strict complien:e with all the toms and provisions of said note ant of this mortgage
<br />It said morppogor shall cause to be paid to said mortgagwe the entire amount due it hereunder, and under the teens and 1—visions
<br />of said now hereby secured. including future advances, and any extensions or renewals th nsif in an ortdan'e with the leans and pmvisrons
<br />thereof, and d' maid mortgagor . shoe comply with all the provisions of said note and of t his mortgage. then these presents shall is- vusd.
<br />otlasneue to remain in UN fires and edfeet, and sold mextgegen shall be entitled to the p ossr±isi on of all of said property. and may, at its option,
<br />dwAw* the whab of maid now sad all videhimil ass represented thereby t i he immediately due and payabir, and may fors leas• this nortgage
<br />or take any odd legal *scum to pnt.ect its right, Appraisement waived.
<br />This murtgaga shall lac binding upon and shall enure to the Benefit of the heirs. ,x,, uluts. xdmm%tralor,, -cress or, and assigns nt I tw
<br />resysetive parties hereto.
<br />IN WITNESS WHEREOF. sand Mortgagor Its S hereunto t her hand it,., day and "=ar tirsl al's '
<br />IORNA J. llFl_Zf12 (unr,tAtried)
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