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MORTGAGE 85-005192
<br />THIS INDENTURE. made thin - -- .18th —, -- say of October- _----- -____-___, ------ _, 19 .85 -, by and between
<br />Steven W. Ryan-and Kimberly S. Ryan, husband and wife
<br />of Hal I County, Nebraska, as mortgagor S 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 />WITNFSSETH: Thatsaidmortgagor 5 for and inconsideration of the sum of Ten Thousand and no /100
<br />_______________________ Dollars(; 10,000.00 )
<br />the receipt of which is hereby acknowledged, do by these presents mortgage and warrant unto said mortgages, its succemers and assigns.
<br />forever, all the following described real estate, situated in the County of — Ha 11
<br />and State of Nebraska, to-wit:
<br />LOT SIX (6), IN BLOCK FIFTEEN (15), IN
<br />SCARFP S ADDITION TO WEST LAWN, IN 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 are now located on said property or hereafter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, hereditaments and appurtenances thereunto be.
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor S hereby covenant _ with said
<br />mortgagee that they are , at the delivery hereof, the lawful owner S of the premises above conveyed and described.
<br />aid -Are_ _. seized of a good and indefeasible estate of inheritance therein• free and clear of all encumbrances. and that _t_hey-,.- will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS. and this instrument is executed and delivered to secure the payment of the sum of __Ten Thousand
<br />no/100_ __ ___ __ ______ _____- -_- _- __--ijiouarsls _10.000_.00
<br />with interact thereon, together with such charges and udvances as may be. due and payable to said mortgagee under the terms and conditions
<br />of the promissory now of even date herewith and secure.) hereby, executed by said mortgagor __ _ to said mortgagee, payable as expressed
<br />in said note, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />herein 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 said mortgagor
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced, whether by note. book account or otherwise. This mortgage shall remain in full force and effect between
<br />the parties hello and their heirs, personal representatives, successors and assigns, until all amounts secured hereunder, including future
<br />advances, are paid in full with interest.
<br />The mortgagor ._5.- hereby assign ..._.. to said mortgagee all rents and income arising at any and all times from said pnepeny and
<br />hereby authorize said mortgagee or its agent, at its option, upon default, to take charge of said property and collect all rents and income
<br />therefrom and apply the same to the payment of interest, principal, insurance premiums, taxes, assessments, repairs or improvements
<br />necessary to keep acid property in tenantable condition, or io other charges or payments provided for herein or in the rate hereby amured. This
<br />rant assig nraent shall continue in (owe until the unpaid balance of said tale is fully paid. The taking of posse scion hereunder shall in no manner
<br />prevent or retard said mortgagee in the collection of said sums by foreclosure or otherwise.
<br />The failure of the mortgagee to assert any of its rights hereunder at any time shall not he construed as a waiver of its right to assert t he
<br />same at any later lime, and to Insist upon and enforce strict compliance with all the terms and provisions of said rate and of Ihis mortgage.
<br />If said mertpgor *hall cause to be paid to said mortgagee the entire amount due it hereunder, and umber the terns and provisions
<br />of said note hereby secured, including future advances, and any extensions or renewals thereof in accordance with the terms and provisions
<br />thereof, and if raid mortgagor._ _ _ shall comply with all the provisions of acid mote and of this mortgage, then these prv_w eta shall he void;
<br />otkariewe to new . in full force and eosin, and sold mortgagee shall be entitled to the possession of all of emit property. and may, at its option,
<br />declare eke stkob of maid mote and all indebtedner* represented thereby to be immediately due and payable, and may forecktne this mortgage
<br />or take any otMr Waal action to protect its right. App intim rent waived.
<br />This mortgage shall he binding upon and shall enure to the belwfit of the heirs, execuuos. adurioistraa,rs, .uccestars and asaegm of the
<br />respective padiee hereto.
<br />IN WITNES'.i WIlEREAW, aid Mortgagor S ha Ve hereunto se their hands the day and .rat hrsi ahoy
<br />written ,n
<br />lKi�.r ber r, �.�.'t'�... \..•.11 c.ti
<br />Steven W. Ryan mly 'S van
<br />.ate„ •e;,a.- wow.. �.^r,.srreslt�trta:•rrtr�:: -a: ,v�,r,`wrrcas. -..r
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