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_.._ MORTGAGE THIS INDENTURE, made thin 12th day of Jdf1UdT',K _, 19 ~_, by and' between WILLIAM E LAWREY AND SANDRA L LAWREY HUSBAND AND WIFE of Ha 11 County, Nebraska, az mortgagor S ,and Home Federal Savings and Loan Association of Grand Island, a corporation. organized and existing under the laws of the United Stara of America with its principal office and plea of business at Grend Island; Nebraska;-az mortgagee; - - _ - - - - WITNESSETH: That saidmongagorS ,for and inrnnsiderationofthesumof FTVF THOIICANII 4TXTFFN fl(II_I,ARS-- - AND NO/100 ---------------------------------------------- Douars(s -5,016.00-- I, the receipt of which is hereby acknowledged, des by these Rreseats mortgage and warrant unto said mortgagee; its successors and assigns, forever, all the following described real estate, situated in the County of Ha ~ i and State of Nebraska, to-wit: - LOT FIFTEEN (15) EXCEPT THE NORTHERLY SIX AND SIX TENTHS (6.6) FEET THEREOF IN BLOCK THREE (3) IN SOUTHERN ACRES ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. Together with all heating, sir conditioning, lighting, and plumbing equipment and fixtures, including screens, awnings, storm win. •«s and doors, and window shades or blinds, used on or N connection with said property, whether the same are now located on said property or Hereafter placed thereon. TO HAVE ANll TO HOLD THE SAME, together with all and singular the tenements, hereditamencs and appurtenances [hereunto he~ longing, or in anywise ¢pperteinirtg, hrever, and warrant the title to the same. Said morgagor_5_--hereby covenant.. __. with said mortgagee Chet _____lfte~__._ are __ _, at the delivery hereof, the lawful owner ._S._ of the premises above conveyed and described. and dr`P seized of a good end indefeasible estate of inheritance therein, free and clear of all encumbrances, end that_~he~L will warrant and defend the title thereto forever aganst the claims and demands of ell persons whomsoever. PROVIDED ALW AY3. and this instrument is executed and delivered to secure the payment of the sum of FIVE THOUSAND,--, SIXTEEN DOLLARS AND NO/100_-_-_---- _- _.-_-_---_---_--_-_-_, ~olfara~g_ 5,016.00___,_______ __l, with inert thereon, together with such charges and advances as may be due and psyeble to said mortgagee under the terms and conditions of the promissory note of even date herewith and secured hereby, executed by said mortgagor S _.._ to said mortgagee. payable as expressed is said note, and to secure the performance of aU the terms end conditions contained therein. The terms of said note ere hereby incorporated herein by this reference. IC is the intention and agreement of the parties hereto chat this mortgage shall also secure any future advances made to said mortgagor S. by said mortgagee, and any and al! indebtedness in addition to the amount above stated which said mortgagors, or any of them, may owe W said mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage shall remain in full force and affect lx~twc n the parties hereto end their heirs, personal representatives, successors and assigns, until all amounts secured hereunder, including (afore advancers, ere paid in fuL' with interest. The mortgagor~._ hereby assign. to said mortgagee ell rents and income-arising at any and all times from said property and hereby aulo;ize sad mortgagee or its agent, at its option, upon default, [o take charge of said property end collect all rents and incomes therefrom and apply the same to the payment of interest, principal, insurance premiums, taxes, assessments, repairs or improvements - rcecessery to keep sad property N rematable maditioa. or to other charges or payments provided forherein or in the-note hereby secured. This rent assignment shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manner prevent err retard said mortgagee in the collection of said sums by foreclosure or otherwise. The failure of the mortgagee to assert nay of its rights hereunder et any time shell not be construed as a waiver of its right [o assert the same at any later time; and to insist upon and enforce strict compliance with all the terms and provisions a( said Hots and of this mortgage. I[ said moptg~gorS shell cause to be paid W sad mortgagee the entire amount due it hereunder, end under the terms and provisions of said note hereby secured, including tutors advances; and say extensions or renewals thereof in accordance with the terms and provisions thereof, and if said raortgagar ~.,._. shall complywith all the provisions of said note and of this mortgage, than theca presents shall be void; othaxisa W remela in Gilt force sad efGttt, and said mortgagee shall be entitled to the possession of ail of said property, end may, at its option, . tlaelate the wboka of said Dote and all iadabtadneea represented therehy to be immediately due and payable, and msy foreclose Chia rrartgage err taka.auy ochpt action to protect itY right. Appraisement waived. - 'Yhfa mortgage nbaA be binding upon and shall enure w the beas6t of the heirs. execuWrs, administrators, succa!ssors and nsaigns of the respective'part.iee hereto. - - - - - !N. W ITNE&S WHERFX}F, said.Maetgagor~S_ _;..ha _-Y~'.. hereunto set __~IIE?.1.r._.._-... hand 5.__... the day anGl year first above wrfttan. - ~ .~..