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<br />85-004816
<br />MORTGAGE
<br />THIS INDE MRS. rood- tlsh 26th._ __ - - - -. day of ,_SePternber- _ _ -.__ , 19 _$5., by and between
<br />MAYNARD A. LIF AND MARILYN_M. -LI_F, HUSBAND__AND
<br />of Hal I _ County, Nebraska, as monsism and Hotta Federal Savings and Losa Astaiatim of C'raad 11sla nd, a corporation
<br />orpaind and existing under the laws of the United States of America with its principal office and place of b usiness at Grand Island. Nebraska• as
<br />tnanpPe:
<br />WITNESSETH: That said mortgagor___ —, for and in consder Lion of the stun of SEVEN THOUSAND FIFTY- THRF_E_
<br />DOLLARS AND 90000- t)ametts nFa ►,
<br />the mocipt of which is hereby acknowledged. do — — —` by these presents mongage and warrant umo said "w"" e. M 4a0001aea>taid .
<br />forever, all the following described real estate, situated in the County of _ �� - - - - --
<br />and State of Nebraska, to-wit:
<br />SOUTH ONE HALF (S12) 'OF LOT FOUR (4) AND ALL OF LOT THREE (3), IN BLOCK TWO (2),
<br />IN WEST PARK ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Together with all heating. air conditioning. iightinq. and plumbing equipment and fixtures, including screens, nwninigs, storm windows and
<br />damn. and window shades or blinds. used on or in connection with sold property, whether the same are now located on said property or hereafter
<br />pieced thereon.
<br />TO HAVE AND Tt) If()LD THE SAME. together with all and singular the Unements. l—Kittaments and appurtenance" thereunto be
<br />longing, tit it. anywise appert.aiming• krwver, and warrant the title rte the same. Said morgagor S hereby covenant.
<br />with said
<br />mortgag" that Ise ,y are al the defy en herorf, the lawful owrnrr $ of the premises above conwq',d Hoyt descntred.
<br />4;nd _. -are.. wired td a good and indefeasible estate of inheritance therein, far and clear of ail encumbrances. and that t he y. well
<br />warrant and defend the title thereto lorevnr against the clams and demands of all parsons whomsdws•er
<br />P1t0VlDFD ALW AYS. and this instrument is exo ute i and delivered to sedum the payment of the .rum of SEVEN THOILAND --
<br />FI_FTY -THREE DOLLARS AND 90 /100 ----------------------- l: 7,053.90
<br />wish mtorewt Liss arn, together with such charges and advanres as may be due and payable to said mortgagor under the terms and conditions
<br />of the pronaula" iwte of roan date herewith and sedum, hereby. executed by raid mortgagor S. to maid mortgage+, payable as. expressed
<br />is, iw wail d pole. to secure the pa immanee of all the tents and conditions contained therein. The terms of said note are hem-by incorlxKated
<br />b muss by Outs teferen"
<br />it is the iateatwit, and agreement of the panic- hereto t. hat this mortgage shall ciao secure any future advances made to said nnrtgsgdx. S -.
<br />l+Y .aid r�tgsgar. and any and all indebtedness in addition to the amount above stated whirl. said nncrrtRsger, or any td tom. may owe to
<br />,� , however avidmced, whether by tote, taxik sccnunt tar otherwise. Thin maertgage shall remain in full fora• a� effect between
<br />the parties hrteto and their heirs, personal represmuttves, successtms and resigns. until all amounts secured hereunder. imludling future
<br />advateces. are paid in dui: with interest.
<br />The artpyfor 5... hereby assign to said mortgagee all rents and income arcing at any an
<br />wit tunes fain said prspterly and
<br />m
<br />hparby authorise paid DKW4 WW err its agent. at its option. upon default. to take charge of said property and collect. all rents and income
<br />d,- eedeum std apply t►ra same w the payment of tatereat, principal. insurswe premiums, taxes, astrcasmmts, "'Vein or impr,vem eat%
<br />neweeay to he" wed ptxrparty an Ssnurtable condition. or to other charges or paymmLS provided for herein a in the rote hereby secured. This
<br />revs prmppppsrea► "I copt,nwi an torte until the unpaid balance of said note is fully psd. The taking of possession hereunder shall in nt manner
<br />pteverst or ceased said mortgagee in the collection of said sums by foreclosure or otherwise.
<br />The f" reef the nnrtgagae to asteeM way of ifs rights hereunder at any time shall not he construed as a waiver of its right to assert the
<br />same N any h w Uttar, and w iMtat upon and mfone rtru't compliance with all the terns and provisions of settll now and n( thin tnrngagr.
<br />If "all rnortgaNpe S shaft cause to be paid u, said nrtgage' the entire wmtainl due it lureundkr, and under the terms and pnn'esons
<br />d acid agile fireekY
<br />"Mead. ittciudieg future advances, and any 'xtaasonw or reimwals thereof in ■dcordance with the terns and prtvisutns
<br />dMin,af, WA d weld WAK~ $ slab cumply with all the provisions of wad now and of this mortgage. Lhen their pre m" shall he void,
<br />otherwise to rwaia an been linens Magi slfett. sad said mortgagee shall be entitled w the possession of aid of mid property. and may, at its spton.
<br />dodo ties trYaM of NOW mats wad ern atdel><arkaet"r rgrewanted thereby wire mules lately due and payahle. and may foreclose this mortgage
<br />or take say other Irgsl arlaPS to prete"i. tut right Apprusement waived.
<br />The, mtar"sigr shall be Ixuldmttt upon and shall smure t., the benelit of the h._r.. rx,,utnrs, admmistrstorn, nda'ceaanrn and assigns of the
<br />rawyarUve portion- hrrNU.
<br />1!ti WI'f'fK f:"sR K'Hf:hE;UF, on,tsgw `' hs •IU I»>awinto eon ttleir haod5 the day and )ear lint -naiad
<br />"of M
<br />tyL1f /
<br />MAR 1lWt`k LIF
<br />I
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