|
<br />I
<br />
<br />~3- 00 15.9Jt
<br />
<br />MORTGAGE
<br />
<br />j
<br />THIS INDENTURE. made this-,-_l~,_,,_,______, day of __,'Ae,Y'JJ_,_ 19,_,_8,3, by and between
<br />_ JOHN 'MAJORINS AN!l_ AL!~~_!<~J'lJ\JORJ NS , ~~J:>~f1~~,t'l<i_wi ~~____~___,
<br />
<br />of Ha 11 County. Nebraska. as mortgagor S . and Home Federal Savmgs and Loan Association of Grand Island, a corporation
<br />org~ and existing under the laws of the United State., of America with its principal office and place of busint'Ss at Grand Island. Nebraska. as
<br />mortgagee;
<br />
<br />WITNESSETH: Thal said mortgagor S ,forandincunsideralionoflhe,umof SIX THOUSAND FIVF HIINORFO STXTY-
<br />
<br />THREE DOLLARS AND 12/100 --------------------------------O;'lIa"($ 6,563.12 1.
<br />
<br />the receipt of which is hereby acJmowiedg.ed., do _~ by these presents mortgage and warrant unto said mortgagee. iIS successors and assigns,
<br />
<br />fore-.'er. all the foUowingdesctibed real estate, situated in the County of . Ha 11
<br />and State of Nebraska. to~wit:
<br />
<br />THE NORTHERLY ONE-HALF OF THE NORTHERLY ONE-HALF OF LOT ONE (1) AND THE NORTHERLY
<br />ONE-HALF OF THE NORTHERLY ONE-HALF OF THE EASTERLY 14 FEET OF LOT TWO (2), ALL IN
<br />BLOCK TWELVE (12) IN ARNOLD AND ABBOTT'S ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA, AS SURVEYED, PLATTED AND RECORDED.
<br />
<br />T~ther With an he.atinK. nil' conditiomng, hKhtm,\:;, and plumbm~ t'quipnwTlt und fixtures, :ncludml{ ~t'n.'t'ns. awnings, storm window~ and
<br />doors, and .'mdow shades or blinds, used on or In connectiun WIth ~ald pmpertv, ....hetht'-l' the sauw an> n(lw iocatt'd on said propt.>rt)' or hefooftt-'r
<br />placed the-reon.
<br />
<br />TO HA VE AND TO HOLD THE SAME, t.ogetht.r with aU and ~m~i8r the tt~nt'mt"nts, ht'rt~.ht~l.mt.'nls and appurtl"mmct"S thereunto be-.
<br />
<br />longing. or in anywiSe appenaming. fore,.'er, a.nd WllrTant thl:' tItle (.0 thl' salIW, Said m(lrga~or S hert'by covenant with said
<br />mortgagee that t heY_ are . at the liE."ln:..-r:v her~A. the tawfulownt'r S of tht.' premi~s abOVi! nlllveyed and dt'st'ribed,
<br />8.nd_.._,_._.{lre seized of a good and indefeasible estatt' of mht>ntanl~ therem. frl't~ tlnd dear or all en<.'umbrances, and that theY-__ _ "..iiJ
<br />warrant and defend the title thereto forever agaim.1. tht' dtums lina demands uf aU persons whomsoen!r
<br />PROVIDED ALWAYS. and this instrument is t'x€'cutoo and de-liven>d to st"Cun- tn€' payment of tin' slim of 5 I X THOUSAN.D--El-ll-E
<br />J:JJ.JllOBEILS IXTY -THREE DOLLARS AND 121100 --------------- DoUa" IS fi~563.12 I.
<br />with interest thereon. together with such char~es und ud\.'anc~.:> as mBY lw du,"" anJ J:ldyablt' to ~l:\id murt){8K~' under the It.'nus llnd wnditions
<br />
<br />of the promissory not..e of even date herewith and ~urt"\i hit'nolly. t.'xecult.'tl b:,-' sauj rnurtga~or S w satd mt}rtgst{ee. payahlt' as eXllrt'Sslc"<i
<br />in said note. and to 5ecure the performance of all tht' terms bnd ('ondillt,lfi-'S conlwnt'<i H:'t.'~lrL Tht." wrms tli said notle' drt.' hereby incorpont~
<br />heIein by this relerence,
<br />
<br />Itis the intention .00 agrMment of t.he parties ht:-Mo that this montt~ sn.H .boo S<<UT\." any future II.d\'llIlCt-'s made lO said mortgU,KUf -S-
<br />by slud mortgagee, al1d any and aU inde-btt'dnt'tis III addnum It} thl:" ~m{lunt ab,,'\'t- statt'd ....hid. said mtJrlgagoN, or any of them. may OWl" tH
<br />said mortgagee, however evidenced, whether by note, b.ook llct'oun1. Of (.therwlSt'. This mortwi"'~ shall n>m~un in full fort't.' and t'(foct h~twlc""n
<br />the parties hereto and their heinl, personal representll.tlv~s, ~un,~t.'S...."Ors and aS1!'IKJlS, until all ilmuullts :s€'Cun-d hE."reunder, indudiOJ::' futUrt,
<br />advanCflS, are paid in fuC with interest..
<br />
<br />The mortgIlgOr ~S_.__ hereby assign to said mortgagee aU n'nl~ and iocomt:' ansing at any and all tunes from said property and
<br />hereby authorize said mortgagee or its agent. at its option. upon default, to take t.'harg't' of said property and collect all rl"nts and im'omt'
<br />therefrom and apply the S8.Dl4! to the- payment of intert'lSt. pn.ncipal. insul'tl~ premiums, taxes, assessments. n>pa.irs or improvements
<br />necessary to keep said property in teDant.able condition, or to other- cbarges or payments provided for herein or in the note hereby secured., This
<br />nmt. assignment shall cuotinue in force until the unpaid ba1an(.~ oi said nolt.-' is funy paid_ The taking of pos.'w'ssion hl"ft.'undcr ~han in no mannt'r
<br />prevent Qr retard said. I1ltlI"t.gagee in the collectic.m. of said sums by tol:t'Cio~u~ or (It.ht'J"WIS-t'.
<br />
<br />The failure of the mortgagee to a!'iSert any of its right$ h~reunder at any time shall not h(o construed as <l waiv1;H' of its right to a~rt the
<br />same at any later time~ and to insSst upon and t'nfon:e ~tricl ('OfIlfiliance With all the term::. and provision:- of s~ud note and of Ihis mur4:aM:l~.
<br />
<br />If said mort,gagor S shan caWJe to ~ paid b,l said ~ t.ht> ~ntire amount due it hereunder. and under the tenn1'1 and prnviMons
<br />of Hid DOte benby secured. incluc:Iiq future ad,..anres. and any exten.storlS or renewals lhert.-'()( in 8.(.."('()I'dlUk't' with the It!rIDS and provisions
<br />
<br />theniof. and.. if -.id ~ _,5.~, shall comply with aU the provl...ions Qr said now and of this mongaJ(t.'. then these presents shall tK' void;
<br />otl:IenriMto-remam iBfuU forctaade.flQc;t. aadaaid mort.gagee shAll beentltlOO to the- po88e!iStoh of all (,.If said property. and may. at its option.
<br />..... ihe.....oI HkJ 'DQW ud. aU. ~ ~ thereby t-o be inunediat.el)' dut' and payable, und may fnn..\Ck~ this mortgng:t..'
<br />or take any other Iopl ectioQ to prole<t ita rigbt, Ap""""",,,,,,,,t waived,
<br />
<br />1lai. ~ ahaD be bindin& u:poa. and shall enure to tlw ~fit of the heirs. t.'.~ut.otS, admiuloSU'l:\tOh>.. suo.--ces.......f'S Mod as.slgm; of tllt'
<br />~iv~--pcr&.Jea benKo.
<br />
<br />nn ve her~nlO S\"l the.l.r hllnd ,$ thlc'd_)' and yt.r hrst aho\'i'
<br />
<br />,;{i/.: !-- '7:? 2i4cv:Jf..--1. '
<br />... AllCE~. MAJoRIN$'~/- c ....'L.c:L.
<br />
<br />IN WITI>lKSS W..l-:IlEU.', ...;d M<MtJlall"'S
<br />
<br />-~
<br />L.. - , '1.-<..
<br />-J . 'OlUNS~~H;:;>
<br />
|