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MORTGAGE 85-005130
<br />THIS INDENTURE, made this 14 do,, of ____ October 19 by and between
<br />WI.LLIAM- -C---GOA- AND JIARLENE S. -GOA.—HUSBAND,.AND.
<br />of County, Nebraska, as mortgagor _a__ and Home Fcderal Savings and Loan Association of Grand Island, a corporation
<br />organized and existing tinder the laws of the United States of America with its principal off-ice and place of business at Grand Island. Nebraska, as
<br />mortgagee;
<br />WITNESSETH: That said mortgagor_--$--_ for and inconsideration of the sum of ---Ta-- THOUSAND --EI-F-Iflh—D.OLLARS-
<br />AND NO/100 -------------------------------------------- lam ($ 10,015.00
<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 Stateof Nebraska, io-wit:
<br />LOT NINE (9) IN BLOCK TWO (2) IN SOUTHERN ACRES, AN ADDITION TO THE
<br />CITY OF GRAND ISLAND, 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 Lire now located in said prol,cri y or hereafter
<br />placed thereon
<br />TO HAVE AND TO tiou)THF SAME, together with all and singular the tenements, hereditaments and appurtenances theretinto he-
<br />longing, or in anywise appertaining, forever. unit warrant the title to the same Said morgagor S hereby covenant with sail
<br />mortgagee that t he y are . at the delivery hereof, the lawful owner S of the prermses above conveyed and described.
<br />and are seized of a good and indefeasible estate of inheritance thereto. free anti clear of all encumbrances, and that they wdl
<br />warrant end defend the title thereto forever against the i-lHues and demands of all persons whomsoever
<br />PROV I DED ALWAYS, and this instrument is eiowuted and delivered to secure the payment of the sum of TEN THOUSAND
<br />FIFTEEN DOLLARS AND NO/100 ------------------------ liodlar.0S 10,015.00
<br />with interest thereon, together with such charges arid odvances as mn% k- due and pjj,dbje to said mortgagee under Lhe term, and —ndition,
<br />of the promissory note of even date herewith and set ur,d hviAiv, executed by said 1nortgagorS to said it ... rtgagee. 1,-y-bl• its em1ri-1--d
<br />in said note, and it, secure the performance of all the, terms and conditions contained therein The terms of said note are hereby incorltora(ed
<br />hereon by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to mortgagor S
<br />by said mortgagee. and any and all indebtedness in addiLlon to the amount al-v, stated whicl. said mortgagors, or any of them. may %, to
<br />said mortgagee. however evidenced, whether by mite, hsiok ho-count or otherwise This mortgage shall remain in full force and Oowt i"It'
<br />the parties hereto and their heirs, personal successors and assigns, until all amounts secured hereunder. including futur,
<br />advances. are paid in ful! with interest
<br />The ronrigeKor _S hereby assign to said mortgagee all rents and income arising at any and all times from stud and
<br />hereby authorize said mortgagee or its agent, tit its option, upon default, to take charge of said property and colleirl all rents and Into"',
<br />therefrom and apply the same to the payment of interest, principal, insurance premiums, tftXk'.%, assessments. repairs or iinprovi-ments
<br />necessary to keep said property in t&ciantiablecondnion, or,to other charges or payments provided for herein or in the note hereby WUnli. The,
<br />rent assignment shell continue in force until the unpaid balance of said note is fully paid The taking of possession hereunder shall tit no manner
<br />prevent or retard said mortgagee in the collection of said sums by forevlo%ur.• fit otherwise
<br />The failure of the mortgagee to assert any of its rights hereunder at any time shrill tocit he construed as it waiver of its right to assert the
<br />with .11 the terms unit pro%,sions if said note unromp a
<br />of this niortggv
<br />.Arm at any later time, arid to insist Upon and enforce strict i oinphanc( it
<br />If said mortgagor S shall cause tto be paid to said mortgagee the entire amount. dtiv it hereunder, and under the tvrrns and pro, isit,11%
<br />of said note hereby secured, including future advances, and any extensions or renewals theri4if tit accordance with the terms and provisions
<br />thereof, and it said mortgagor S shall ctimply with all the pruvisitins of said note and of this mortgage'. then these presents shall he void.
<br />otisarvineto remain in full force and effect, and said mortgagee shall he entitled to the possession of all of said property, and may, at its option,
<br />declare the whole of said note and all uxiebtadness represented thereby to he immodinti-1v (fite and payable. and may foret-lose this imirtgaig,
<br />or take any other legal action to pnAect its right. Alifirmsement voulved
<br />This mortgage shall be, binding upon and shall enure to the henefit of t tit- heirs, executors. adinaustrators ace ssms and it"'gle, of 0-
<br />nespit two, parties hereto.
<br />IN WITNESS Wlil--10 01", 'alif"OfIrt9fig"t S t-"Vg 1 their hand S 1h, day and
<br />writL
<br />f'WILrO S. GOA
<br />P.
<br />W
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