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11 <br />MORTGAGE _'>--005027 <br />THIS INDENTURE, made this 4th day of _ October 1985 by and hetwcrn <br />0.NALQ.- 11AS_0N_A-ND BEVERLY MASON, HUSBAND_ AND WIFE. <br />of -- ��LI County, Nebraska, as mortgagor _._ ____ .a_.. and Home Federal Savings and Loan Association of Grand Island, a corporation <br />organized and existing under the laws of the Unned States of .America with its principal office and place of business at Grand Island, Nebraska, as <br />niortgagee: <br />W ITNESSETH: That said mortgagor __S. _ , for and in consideration of the cum of <br />SIXTY —FIVE DOLLARS AND 81 /100 ------------------- - - - - -- 5 465 81 <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 _.Hall_ <br />and State of Nebraska, to -wh <br />LOT SIXTEEN (16) OF 'VILLA MAR DEE SUBDIVISION, OF A TRACT OF LAND COMPRISING: ALL <br />OF LOT TWELVE (12) OF THE SUBDIVISION OF LOT NINE (9) AND ALL OF LOTS SEVEN (7) AND <br />EIGHT (8) IN WINDOLPH'S SUBDIVISION OF PART OF THE NORTHEAST QUARTER OF THE NORTHWEST <br />QUARTER (NE',NW',) AND NORTHWEST QUARTER OF THE NORTHEAST QUARTER (NI114-NEi4) OF SECTION <br />FOURTEEN, (14), T014NSHIP ELEVEN (11) NORTH, RANGE NINE (9), WEST OF THE 6TH P.M., <br />HALL COUNTY, NEBRASKA <br />Tbgrt her with all heating. air contdiuonng, tight mg, anti plumbing e'quepn:.•nt and fixtures. ., iad,ng i r,rn•.:i%nings ,t arm windows and <br />door.. and window shades,.. binds, used rin or ui mmn-tion with said prgh•rty. wh,•t her the.em.• :oe• mew :inat.sf o.I s,ud p; upn•rty nr hrreatler <br />placed thereon <br />TO HAVE ANTI TO I101.0 TIM SAME together with all and singular Ih,• terernents howifitame w, and .,p purt- nonce•- thenvnto he- <br />longing. or :n anywise appertaining. 4irev ,. and warrant the !.ate• to Inc same gaud mor7;agnr-, i,".1., snit with said <br />mongagex that t he y are tit the deliver, hensif the lawful o pv, , of the po nose. arts., ,.m.. v..1 and nos, rite. -d. <br />and are seized of a geoid and mdefeasibW -I mhontanoe• tta- ' fie.• and clear ,i ,ill en. unihran,r and that t h,•y ,.dl <br />warrant and defend the tole thereto forever ughtnst the (loom and denianos if ail persons %homvn•s r <br />PROVIDED ALWAYS. end t his instrument n exe <vfed and dehu•nrl secun• t he payment •d ft., sum ,f FIVE T� {OUSAt�D <br />FOUR HUNDRED SIXTY -FIVE DOLLARS AND i;l /100 --- - - - - -- ur.uarse5 5,465.81 <br />with interest therexm, tngethe•r with such charge's and ads once, as neay !n• due and pay nblr w s;ud mu ri gager• under I hr 1,'nrT, and n,nriru,ms <br />of the promissory not.• of even date' herewith and sesunsd hrreht. ,executed by sued mmrgagur 5 l„ •:a:d mortgages. payable u, I•xpn•ssed <br />in said rote, and Cn secure the performance of all the terms and — nditalns contarmd t t :en•in The terms ,I said not.- are he mb.v mcnrpn..auni <br />herein by this refaven•e . <br />It is the intention and agn*nwnt of the parties hen:W that this mortgage shall alai, secure any fulure advances made to said mortgagor S <br />by said mortgagee. and any and all mdehtedneao- in udtbtion tee the amount abos, stawd which saaf nartghgt —, ,r am of them. may owe ho <br />said mortgagor. however evidenced, whether by mute. bask acsount or otherwise Thos mortgage ,hail r,•nuun in lull forr, affil cited belw.rn <br />the pans•, hereU, and :heir heirs, personal representatrvr, . successors and it signs, until all amounts secured hereunder. nchnhng future <br />advances, am paid in full with interest <br />The rnirtgagot S here-by assign to said mortgagor all rents and meorne ursmg at any and all Limes from stud prupertc raid <br />hereby authoriu• said mortgagee or its agent. at Its option. upon default. to take chargt of said property and colle,l all rims and income <br />therefrom and apply the same to the payment of interest, principal, Insurance pr•nuurns. taxes . assessments, repairs or ..uprucements <br />mcessary to Itetp sari property in tenantable comditiem, or to ot.her charges or payments pr(v, i(W for hrrrtn or in the note herebv secured Thn <br />rent assignmrnl shall cunlmue• in force unfit the unpaid balance of said note is fully pail 'Phi inking of ps esnesaum her, under ,hall is nn manner <br />prevent or retard said nangage.•e in the collection of send sutns by foreclosure or utls,i ese <br />The failure of the n ,ttgagee m assert any of its rights hereunder at any tine shell not be construed its is waiver o} Its right to a— rf the <br />sarn• at any later time, and ui insist upon and enforer t mt connplionee with all the terms and pow.sums ..I 'cued note and of I les m... tgaye <br />It said mortgagor S shall catnie w be paid to said mortgages. the entire nnvant due II 10." unit unit under the terms and provisions <br />of Waal note hereby wound. including future advances, and any e•au•nsruns ur renewals thensd in as, orrd;ence .nit, the toms. and p--on, <br />thereof, and of said mongagot $ mull comply with all the provisions of snid note and of this mortgage. then thew• pt svnts shall tie ­td. <br />otherwise to remain in full foue and effect, and said mortgagee shall Fir entitled tit the psisw•sauin of all of said pr..pvm , and may. at its opt ion <br />dKism the whole of sad note and all uufebtedirte s reprsasded thereby trs be tmmedatel.v due anti payable, ,end may font lose thin ot-mgage <br />or take any oilier legal actimn to prrtecn its right Appratsemenl waived <br />Th" nortilag.• shall CO. hmdmg upon and +11"11 enure t., the b.•nefr ref !h. 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