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<br />001201
<br />MORTGAGE
<br />THIS INDENTURE, made this 13th___ -day of Marsh _ 19 rte_, by and between
<br />, RANDALL W. G R R_8NR �OF 1 GLOVER- HUSBAND_ WTEE
<br />of - Hal 1 - County. rebraska, as mortgagor S , and Home Federal Savings and Lean Association of Grand - Island: a corporation .
<br />casmized 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 />WfTNESSM:. Thatmidmongsgor S .for and incomiderationof the sunof THREE bjObSAj b 1k HUNiji l .
<br />the radpt of which is hereby acknowledged, do by these Presents
<br />forever, all the following described real estate, situated in the County of _HALL
<br />and State of Nebraska to -wit:
<br />its successors and assigns.
<br />LOTS TEN (10),AND T14ELVE (12), BLOCK FOURTEEN (14), IN UNIVERSITY PLACE, AN
<br />ADDITION TO THE 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 appurtem ors thereunto be.
<br />tonging, or in anywise appertaining, foreve:, and warrant the title to the same. Said morgagor_ 5 - hereby covenant —_ with said
<br />..gages that _ t he at the delivery hereof, the lawful owner__`.__ of the premises above conveyed and described. -
<br />cad ar_P _ sisized of a good aw iodefas ribla am-te of iahe, -:tar - free- anal. clear of all —u, ibrances, and ths,_i... hey-_ will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever. - PROVIDED ALWAYS, and" instrument is executed and delivered to secure the payment of the sum of - _THREE THftt 1 S —
<br />FIVE HUNDRED SIXTEEN DOLLARS, AND_NO/100 _- _- -_ - --- -_ Dell —i3
<br />with interest therean, together wish such charges and advances as may be due and payable to said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith and secured hereby, executed by said mortgagor .5_to said mortgagee. payable as expressed - -
<br />in saW nota, and to secure the performance of all the terms and conditions contained therein. The terms of said note sre hereby incorporated
<br />herein by this reference. -
<br />It is the intaation and agreement of the parties hereto that this mortgage shell also secure any future advances made to said mortgegor_S-
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated wheel, said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage s wit remain in full force and effect between
<br />the parties hereto and their heirs. personal represerstatives, successors and assigns, until all amounts secured hereunder, including future -
<br />advances, are paid in full with interest.
<br />The most^' -Set' S hereby assign — to said mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorise 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, insuraace premiums, taxes, assessments, repairs or improvements
<br />aeoewry to keep said property in teaantmbht condition, m to other charges or payments provided for herein or in the note hereby secured. This
<br />rent assignmmt shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manner
<br />prevent or retard said mortgagee in the collection of said some by foreclosure or otherwise.
<br />The tadare, of the mortgagee to assert any of its rights hereunder at any time shell not be construed as a waiver of its right to assert the
<br />most at any barer time, and to _mist upon and enforce strict complisaee with all the terms and provisions of said note and of this mortgage.
<br />If said mortgagor S shall cause to be paid to said mortgagee the entire amount due it hemunder, and under the terms and previsions
<br />of amid note hereby secured, inehrding future advances, and any extensions or rer»wals thereof in arceedance with the terms and provisions
<br />thereof, tad H said reartgagor ....5._ _ shall `y with all the prov-iaiona of said note and of this mortgage, than these presents shall he void: -
<br />otherwise to tatnsin ve lull fi roa and iffest, and said mortgagee shall be entitled to the possession of all of said property, and nay. at its option,
<br />disdains the -w_ hole of said now and all budditaftesse represented thereby w be immodmtely_ due and payable, and my forecMee -this mortgage
<br />or take any other iagd action to protect its right. Appraimmen . waived. --
<br />This mnttgagw shall be hirdfag upon mad shall enere to the benefit of the heirs, executors, administrators, succemeov and assigns of the
<br />ra"Mtive'pardw hemw.
<br />IN WITNESS WHEREOF, said Mortgagor S_ _, he Vie- hereunto set..... thei -r, __. hand _s___ the day and year first above Ji
<br />writtH+, /
<br />RANDALL W. GLOVER - SUE Y. (IOVFR _
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