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MORTGAGE 85- 005578
<br />THiS INDENTURE, inside this --- ---- 7th ___...._- _-__._ day of__NQYQRIb..P_r__ -_- -_ _. _. _.__, 1986_._, by and between
<br />AR NE_N, M LLER Can_unwri-ed
<br />of Hd 1 _ 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 m principal office and place of business at Grand island, Nebraska, as
<br />mortgag«:
<br />WITNESSETH: That said mortgagor --__., for and inconsideration of the sum of- FTVF THOUSAND ETfHT HUNDRED _
<br />FORTY -SIX DOLLARS AND 02/100 ---------------------- - - - - -- Dollars (s 5,846.02 l
<br />the receipt of which is hereby acknowledged, do _ -e— . -__- -__ --. by these presents mortgage aad said mortjageq its successors and assigns,
<br />forever, all the following described real estate, situated in the County of ___Ha 1 ad .tr! and State of Nebraska, to -wit:
<br />LOT THREE (3) IN BLOCK FIVE (5) IN RUSSEL WHEELER1IS ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALLCOUNTY, NEBRASKA.
<br />Together with all heating, air conditioning, lighting, and plumbing equipment and fixtures. including screens. awnings. storm windows Ind
<br />doors, and window shades or blinds, used on or to connection with said property. whether the same arc now boated on said pntpberay or herewter
<br />placed thereon.
<br />TO IfAVF AND TO 1101d) THE SAME. together with all and singular the tenements. herrditarrents and appurtenances thereunto be
<br />tinging, or in anywise appertaining, tonever, and warrant the title to the same said morgugor hereby covvrnantS with .ate
<br />mortgatipw that S he 1 S . at the di-liven, henxiL the lawful owner of the premtstes atnove conveyed and described.
<br />anal, _ ...i S seined of a goad and indefeasible estate of Inheritance therein, free and clear of all encumbrances. and that She will
<br />warrant and defend the title thereto forever against the claim+ atai dernands of till persons whomsoever
<br />PROVIDED ALWAYS, and this Instrument is executed anti delivertsi to rccun• the, payment of the sutra of FIVE THOUSAND
<br />EIGHT HUNDRED FORTY -SIX DOLLARS AND 021100 ----- - - - - -- Illuarstg 5,846.02
<br />with interest thereon, together with such charges and advances as may Is, due and passible to said mott.gaget- under the tents anti conditions
<br />of the promisawy tote of even date herewith and secured herrhy, execut si by sod mortgagor to said mortgagee, payable its exprs.41
<br />in said now. and to secure the pe rlmmante of all the Lernts and conditions contuinevi therein The terms of said note are hetehy incorporated
<br />herein by this reference.
<br />It is the intention ■red agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor
<br />by said murtltegee, and any and all iutdebtidniee; in addition to the amount alm,vv stated which said mortgagors, or any of them, may owe to
<br />said neorWipr, however evidemltod, whether by note. book account or otherwise This mortgage shall remain in full force and effect lmetween
<br />the parties hereto and thou heirs, personal reepreaentaleves, successors and assigns, until all amounts secured hereunder. Including future•
<br />advances. are paid in full with interest.
<br />The mort"YF .. hereby assign S to said mortgagee all rents and Income areong at any and all timem front said pn,lmerty and
<br />hereby suthorim said mortgagee of its agent, at its option, upon default, to take charge of maid property ant] collect all rents and income
<br />tharelrorn and apply the same to the payment of inter"t. principal, insurance premiums, taxes, assessmeenLm, repairs or improvennents
<br />ttssassery to leapoaid property m teastttable cendition, or to other charges or payments provided for herein or to the note hereby around. This
<br />twit assignment shall continue in force until the unpaid balance of maid note is fully staid. The taking cif pwmsession heeneutader shalt tit no manner
<br />prevent or retard sad mortgagee in the collection of said sums by foreclosure or otherwise.
<br />The failure of the mortgagee to -sort any of its rights hereunder at any time shall not he construed as at waiver of its right to assert the
<br />same at any later tame, and to maist upon and enforce store compliance with all the terms anti provisions of said rote and of this mortgage
<br />11 said mot4farlor shell cause W be paid to maid mortgagee the entire amount due it hereunder. and under the tetras and prnvwons
<br />of seed note hereby secured, including future advances, and any eawswions or renewals thenrtf in accordance with the terns and provisions
<br />thereof, end if amid intortgaglx shell comply with all the provisions of meld note anti of this mortgage-, then these presents shall Its void,
<br />otharwan to rasesir in krill force and effect, and said mortgagee shall lie entitled tie the fwnsrason of all tit said property, and army, at its opt on,
<br />derlsre the whole of said rate wall all irAlobtadresta r- prtroented thereby to he immediately due and payable, anti may foreclose this mortgage
<br />at tabs any now lytal ectkst to petitect its MRht. Apprsiserarent welved
<br />This mxrrtgatle shall lam blldmail ulon and -hall entire to Iler hmefil of thr heirm, exe'lu norm, adnll ist rat arm, mn%emi -RR and assigns 411 t he
<br />A- partive partwee hereto
<br />1N Wfl'NESS WilkAtFOP. said Mortgagor ha S hereunto set her hmmi the tiny .end Near b+si oho.,
<br />written '..r
<br />AiTLFrif H, MT1.1,CR (unrnri- iod)
<br />R
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