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MORTGAGE 85- 006022
<br />THIS INDENTURE, male this_ –_._ —_ -5th - -__._ day of— _ --_ -- December.. _. _...._ Is _95_, by and between
<br />DONALD G. COLLISTER AND ALICE m._COLLISTER. husbaf.dand wife
<br />of HALL 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 Grated Island, Nebraska, as
<br />mortgagee;
<br />W ITNESSETH: That said mortgagor,, , for and inconsideration of the sum of –
<br />---------------------------------------------------- ----- --- Dollars(S 16,000.00 1.
<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 -wit:
<br />LOTS ONE (1), TWO (2) AND THREE (3), IN BLOCK TWO (2), IN CLARK50NIS FIRST ADDITION
<br />TO THE VILLAGE OF ALDA, HALL COUNTY, NEBRASKA.
<br />Together with all heating, air conditioning. lighting, and plumbing equipment and fixtures, including screens. awnings, stone 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 tar
<br />longing, or in anywise appertaining, forever, and warrant the title w the : "amine. Said morgagor S hereby covenant with said
<br />mortgagee that t hey are . at the delivery hereof, the lawful owner S of the premises above conveyed and described,
<br />turd they_ seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that _ _1he y_ will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsorver.
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of SIXTEEN
<br />_ S IEX _ T}00S�NQ
<br />AND NO /100------------- - - - - -- -- ---- -------------- --- - - - - -- Dollars _
<br />t.
<br />with interest thereon, together with such charges and advances as may be due and payable to said mortgagee under the terns and conditions
<br />of the promissory note of even date herewith and secured hereby. executed by said mortgagor S to said mortgagee, payable us expn•ssetf
<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 referrence.
<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 rise to
<br />said mortgagee, however evidenced, whether by note, hawk account or otherwise. This mortgage shall remain in full force and effect lwtwoe•n
<br />the parties hereto and their heirs, personal representatives, successors and assigns. until all amounts secured hereunder, including future-
<br />advencaa, are paid in full with interest.
<br />The martgagor.r,- _ hereby assign to said mortgage,,,, all rents and income arising at any and all times from said property 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 saute to the payment of interest, principal, insurance premiums, taxes, assessments. repairs or nmprovertaents
<br />asosnary to hasp said property in tenantable condition, or to,other charges or payments provided for herein or in the note hereby secured This
<br />tent aseyptmartt shall corftinue to force untd the unpaid balance of said note is fully paid. The taking of possession hesvunder shall in nn manner
<br />prevent or retard acid mortgages in the collection of said sums by foreclosure or otherwise
<br />The fdlure of the mortgagee to assert any of its rights hereunder at any time shall not he construed as a waiver tit its right to assert the
<br />carne at any later time, and to insist upon and enforce .tact compliance with all the terms and provisions of seal note anti of this nnortgage
<br />H said mortgagors shall cause to he Raid to said mortgagee the entire amount due it hereunder, and uncle the terms and provisons
<br />of said now Mosby "cured, including future sdvances, end any extensions or renewals thenatf in aveordante with the terms and prtvissoe,
<br />thoreof, and it sold mortgagor s . -- shall comply with all the provisions of said now and of this mortgage, then these pn+serits shall ba• void.
<br />othsswias to tesaalia in full force said effect, and sail mortgages shall he entitled to the lkissesswm of all of said property. and may, at its ogsatn.
<br />daA the wI of mW vote sad all indsbtadeass represented thereby to he immediately due and paynhle, and may foreclose that m or{Mi-
<br />as tilts any other legal actin to protect its right. Appraimmenl waived.
<br />Thin mortgage shall he binding upon and shall enure to the horoefil of the heirs, exectilors. administrators, surrrssoirs still assigns of the
<br />r spective parties herew.
<br />�N WITNE6s WREHEOP. amid Mortgagor; he vo? hereunto see. Lhfr'j T hand the• day and year first ,,hose
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