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<br />MORTGAGE
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<br />83..J.) lJ 1 J ;~ J.
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<br />THIS INDENTURE, made this___l!i~_.._u__ day oL_.. ~1arch
<br />
<br />, 19 .8.~ . by end between
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<br />~...lllJSQiI18NN. A S I NGLE.J:ERSOJL___.
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<br />of Ha 11 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 its principal office and place of business at Grand Island, Nebraska. as
<br />mortgagee;
<br />
<br />,forandinconsiderationoftbesumof SIX THOIISANO NTNF HIINORFO
<br />Dollars(S ... 6; 988.70
<br />. .,
<br />the r<<eip-t of which is hereby acknowledged. do _~___ by these preseOlS mortgage and warrant unto-said mortp&~. its successors and assigns,
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<br />WITNESSETH: That said mortgagor.
<br />EIGHTY EIGHT DOLLARS AND 70/100 -------------------
<br />
<br />),
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<br />forever, aU the following described f('3.1 estate, ~ituated in the CounlY ot _____ Ha 11
<br />and Stale of Nebraska. to.wit:
<br />The Southerly Sixty Six (66) Feet of Fractional Lot One (1) and Lot Two (2) in
<br />Fractional Block Thirty Eight (38) in Charles Wasmer's Addition and of the Complement
<br />of said Fractional Lot One (1) to-wit: Fractional Lot One (1) in Fractional Block
<br />Three (3) in Windolph's Addition, all being Addition of the City of Grand Island,
<br />Nebraska.
<br />
<br />Together with all heatlnf(, air condllionmg, h;.(htir..g. and plumbing l'qUlpment and fixtures, including scrr-en~, awnings, storm windows and
<br />doors, and wmdow shades or blinds, used on or in connectlOn with s81d propt'rty. whether the same IIrt' no..... located on said propl'rty or hereafter
<br />placed thereon
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<br />TO HA VE AND TO HOLD THE SAME. to~thl~r with all and ~ingui.ar the {",nements, heredItaments and appurtenances then.>unto b(..
<br />longing. or in anywise 8.pptlrtaining, lorever. Hnd warrant the title {,{l thl;.' samt'_ Said morgagor hereby covenant. S_ with said
<br />mortgagee that. he is. at Uw delivery hereoL the iawfui owner of tht:' premises above wnvt'yed and dt"scribeti,
<br />~nd_i--5-. .seized of a good and indefeasible estate of inheritance therein, free end dear (If aU encumbrances, and that hl;.'__ will
<br />warrant lmd defend the tide theretc forev-er agamlSt the claims and d<,mands t)f alJ pt!rsnn:-> wnumS("!ever
<br />PROVIDED ALW A YS, and this Instrument is tlX(~UlM. and de1iven-d (-0 St'i,'Un> the payment of the sum of S1-X. THOUSAND...---_
<br />..NlHLHillIDREllHGliTYElBHI DOLLARS AND 70/100---- 1)011....1$ 6.9B8~70 I.
<br />with interest thereon. together with such ch.rg1.':'8 find udvances as may tw dut, and puyahltl 10 said mortga~'t' undt!r t.he It'rms and conditions
<br />of the promisSOly nol.o of even date herewith Ilnd St."Cur~i ht"IWY. execUlffl hy stud mmtJ{agor to said mnrtgagt:'\l. payahle as t~xprcssNI
<br />in said bote. and to secure the perlorma.nCt' of all the h,~rm5 tlnd conditK'lns conuun~i tl-~~rom. The terms of said note are hereby incorporated
<br />ben.in by this relereoce.
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<br />It is the intention .nd agreement of the parties hereto that this mt)rtl-ta~ shall also secure any future udvances made t.o sai.d morLgOf{Of
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<br />by said mortgagee, and any and all indebtedness in additIOn to the amount ahove staLed whid, said mortgagors, or any of them, muy owe In
<br />said mortgagee. howe"'er evidem..-ed.. whether by not-e. book account or uth~ise. Thjs mortgul{l! shuH ~main in full force and effect lwtwt.'tm
<br />the parties hereto and their heirs. perl:;Onal representatives, SUL'ce~~ors and assignS, until all amounts secured hereunder, induding; futun'
<br />advances. are paid in full with interest.
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<br />The mortgagor _ ___ hereby assign ~__ to S3.ld mortgagee ail rents and income unsinJ{ at any and all times from said property and
<br />hereby auihorize said mortgagee or its agent, tilt. it.s opt.ion. UPOh deJault. to tak~ chargt of said property and collect. aU n~nt.s and inl"'Olt'
<br />therefrom and apply the same to the paymt'nt of mterest. prineipal, insurance pr\'miums, taxes, aSl'!~s...,ments. repairs or impmvenumt.s
<br />necessary tiO keep sam property in wnantableoondition, or (.0 other- charges or payments provlded for herein or in the note hereby socured. This
<br />rent atl8ignment shall continue in fo<<:t"l until the unpaid halance of said nm,e IS fully paid. The taking ()f po!:'lse8sion hl;.'reunder shaH in no tnanrwr
<br />prevent or retard. saJd mortgagee in the collection of SiUd sums by fnrooosul"\" or otht>.rwiSt".
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<br />The faiJUJ'e of the mortgagee to assert any of it., right."!l hereunder at any time shall not be construed as 8 waiver of its right to assert th/:"
<br />same At- An)' late-I' time, and to msi!.-t upon and enfon.:.e strict (OmphallCe with all thi' term~ and provi~ions of said note and of this mortJ.{ogt"
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<br />If Mid lnOI"UJ1lKor shall cause to be paid to said mortgllgee the eniire amount due it. hert'under. and undt~r the temlS and f.\rHvisi.ons
<br />of &aid note het'eby secu.nMl. includUtg future advances, and any exwn~nons or renewals thereof in li('curduucl;' with the t1.'rms and piOvisiom'l
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<br />t.hereof. and if ttaid mortgagor _n~._, lIbaU comply with aU tM provisions of said noW and of this mort~~, then tht,'te presents ~haU ht. void;
<br />otbenrisetDnmamiafull force aad effect. aad.uid~5ha11 beentitl<<l to the pusSl:5sion of aU of said property. and may. at its Qptlon,
<br />dedare.... whale of Mid l1IoW-aDd aU 1~~ ~t.ed thereby to be inunediately due and payahlt>. and may foredose thi8IHortKaJ{t~
<br />'" lAke ""y otlroo< Ieplac""" to pn>tert itll right. APl><t\i.."""'t waiv.ct.
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<br />'TtUa ~ tiball be b-iad:inc: upon and IlbA11lMiute to t.he m-ntl:fit of t.be he~. l"xeeut.ou, adminlS1.ratnr~, S.uc('t'!i8or:-. Clnd t\MOign.... Hf tlw
<br />~IV" 'partiN be.-eto,
<br />
<br />IN WITNESS WH~:R"Ot" tlaidMartlJ"l!Uf
<br />
<br />~.
<br />, ~'Xr"N'~.
<br />GEM!.. . D. \lkcHHAN
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<br />h. S be"",nto "'.. his
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<br />hand
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<br />ttw day an.J .\'~..r hr...t nhO\-t,
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