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- ~ MORTGAGE 83--001 '784 THIS INDENTURE, "",de tb.is~ 13tb__.._____ dey of __. AIJY:jJ._ STEVEN E. ARNOLD ~~ MARJ.1.rrLAR@JD, HUSBANDAtiIJ..\i!.EL____. , 1981._, by and between of Ha 11 County. Nebraska. as mortgagor S . and Home Federal Savings and Loan Association of Grand Island. a corporation 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 mongagee; WITNESSETH: Thatsaid mortgagor S ,for and in consideration of the SU,,1 of SEVENTEEN THOUSAND TWO HUNDRED t;TXTY THRI=I= 11011 ARt; I/, 44/100 ---------------------------- DoUars(&.lT,~63.44 ). the receipt of which is hereby acknowledged. do __ by these presents mortgage and warrant unto said nwn_. its successors and assigns, forever. aU the following described real estate, situated in the County of Hi;) 11 and State of Nebraska, to.wit: LOT THIRTY-FOUR (34) IN BLOCK ONE (1) IN DALE ROUSH SECOND SUBDIVISION, HALL COUNTY NEBRASKA. Together with all heating, air conditioning, lighting. and plumbing equipment and fixtures. Including screens, awni.n~rg. storm windows and doors. and window shades or blinds. used on or in connection with said property. whether the same are now locatoo on said propert)' or hereafter placed thereon. TO HAVE AND TO HOLD THE SAME. together with all and singular the tenements, hereditaments and appurtenances thereunto be- longing, or in anywise appertaining, forever. and warrant the title to the same. Said morgagor -5-__ hereby covenant with ~aid mortgagee that _ _ _ _ lte-::l_ _ -.ar~ . at the delivery hereof. the lawful owner _ S__ of the premises above conveyed and described. &nd_~ _ seized of a good and indefeasible estate of inheritant.'e therein. free and dear of aU t"ncumbrances. and th8t_t~heY-_ will warrant and defend the title thereto forever against the daims and demands of aU persons whomsoeVE"I. PROVIDED ALW AYS, and this instrument is executed and delivered '" secure tbe payment of the sum of _ SE\lENIEEN....IllilUSAND TWO HUNDRED SIXTY IttRELD.m_LARS I:\ND 44LlQQ.------------ lJoll.rs\Llz....2QJ.~4.4. .m.__~_I, with interest thereon. together with such charges and advCtnces as may be due and payable to said mortgagee under the terms and conditions of the promissory note of even date herewith and secUlL"t1 hert'by. executed by .said mortgagor ___5-__ to said mortgagee, payablt.' as expres~'d in said note, and to secure the perfonnance of all the terms and conditions contained tht:rein. The terms of said note are hereby incorpucated herein by _ this reference. It is Lhe intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor s-_ by said mortgagee, and any and aU indebtedness in addition to the amount above stated which said mortgagors. or any of them, may owe to said. mortgagee, however evidenoed. whether by note, book aCt.'Ounl or otherwis{', Thi~ mortgage shull remain in full forctt and effect betwet'n the parties hereto and their heirs, personal repre.senl-atives. su(,'cessors and as~ibrn~. unliJ all amounLs ~ecured hereundor. including futun.- advances. are paid in fuU with interest. The mortgagor _~._ hereby assign. __ to said n\Ortgagee all rents and Income ttnsing at. any and aU times from said pnlperty and bereby authorize said mortgagee or its agent, at its option. upon default. to take charge of said property and collect all wnLs and ineonw therefrom and apply the same to the payment of interest. principal, insurance premiUDls, taxes. assessments. repairs or impro'\'emt'nts necessary to keep said property in tAmantab1e condition. or to other charges or payments provided for herein or i.n the note hmeby secured_ This rent assi.gnment shall continue in force until the unpaid balance of said note is fully paid_ The taking of poss€'S::iion hereunder shall in no manDt'1" prevent or retard said mortgagee in the etillection of said swns by foreclosure or otherwist:'. The failure of the rno.rtgagee to assert any of its rights hereunder at any time shall not be construed as a waiver of its right to assert the same at any later time. and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this ffi()ftgage. If said mort.pgor S shall cause to be paid to said mortgagee the entire amount due it hereunder. and tinder the terms and pnwisions of said note hereby secured, including future advances. and any eJl.tenSions or renewals then.'Of in accordaocl" with the terms and provisions th~f. and if said mortgagor _.5_ shall comply with all the- provisions of said note and of this mortgage, then these presents shall he void:: otherwise to remain inJuU force and effect. and said mortgagee shall be ~ntitled to the possession of all of said property. and may. at its option. dedate the whoie!)f said note aDd all indebtedness represented thereby to be immediately due and payable. and may foreclose this mortgaJ.{e 0\' toke any other lElJaI actioQ to protect its right. Appraisement waived, This ~ shaU be binding upon and shall enure to the benefit of the heirs. ex.eeutors. administrators. succassoni and assign~ of l.h(' _live'partloa hereto, IN WITNESS WHEREOF, said Mortgagor_ S '- ba -~~r- ~ //1# ~<<~~- v ~ hereunto se-t tbi'!ir hand ~_ ~ t hl' da)' and year first ubo\'t' 0;' v 7 '). M12f~[r C,;~L