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<br />MORTGAGE
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<br />83-
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<br />001845
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<br />THIS INDENTURE, !DIlde this______~~______ day of ---.Ap.rU________
<br />__DONAI D J. MEOB.ERLIlliD...J:ARQLY1LS....J1EIDiERL_1H1SBAND AND W I FE
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<br />J 98..3...._, by and between
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<br />of H;\ 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;
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<br />WITNESSETH: That said mortgagor S , for and in consideration of ,he sum of TH I RTEEN THOUSAND -- ONE HUNDRED-
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<br />C;THY ONF nOli ARC; ANn :>0/100 -------------- ---------000....($ 13;161":20 1.
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<br />the receipt of which is hereby acknowledged. do
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<br />-"-" '.,'.
<br />.> "- - - - \',*--' ~:- , , .; '.
<br />by these presents mortgage an<tw~n~ un,~,? ~r.JPJ~:~~::~rs andaSsigns~
<br />
<br />Hill)'
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<br />forever. an the following described real estate, situated in the County of
<br />and State of Nebraska, to~wit:
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<br />LOT FIVE (5) BLOCK TWO (2) IN CAPITAL HEIGHTS FOURTH SUBDIVISION. BEING A PART
<br />OF THE-SW~ OF SECTION 2. TOWNSHIP 11 NORTH, RANGE 10 WEST OF THE 6TH P.M.. HALL
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<br />COUNTY, NEBRASKA.,
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<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.
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<br />TO HAVE AND TO HOLD THE SAME. together with all and singular the tenements. hereditaments and appurtenances thereunto be-
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<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor __5___ hereby covenant __~ _ with said
<br />mortgagee that th.e~~__ .are______. at the delivery hereof. the lawful owner __S.. of the premises above conveyed and described.
<br />~d ___ a r~__ _ seized of 8 good and indefeasible estate of inheritance therein, fre-e and clear of aU encumbrances. and that _.JimY_ will
<br />warrant and defend the title thereto forever against the claims and demands of all persons w homsoe\'er.
<br />PROVIDED ALWAYS, and this instrument is ex,-",uted and delivered to secure the paymenl of the sum of __IHIHJJ~EJ1JHOUS~ND
<br />______ONE_HUtiD1I[IL.~JXTI-QIiEJLQIJ"I:\RS AND2Q/ JOO n-::_~____-:: Dolla", iL JhI6l'-?CL______~_I,
<br />with interest thereon. t.ogether with such charges and advtln<..'es as may be due and payable to said mortgagee under the t.erms and conditions
<br />
<br />of the promissory Dote of even date herewith and secured hereby, executed by said mor4,.'1lgor _~___ to said mortgagee. payable as eXflressed
<br />in said note. 8.Qd to secure the performance of all the terms and conditions contained th..,rein. The terms of said note are hereby incorporated
<br />herein by this reference.
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<br />It is the intention and agreement of the parties hereto that this mortgage ~hallalso socure any future advances made to suid mortgagor5-__~_
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<br />by said mortgagee, and any and all indebtedness in addition to lhe amount above stated whidl said mortgagor~, or tmy of them, may ow(> to
<br />said mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage- shaH remain in full foret:' and effect bet.ween
<br />the parties hereto and their heirs, personal representatives. successors and assigns. until all amounts secured hereunder. including futurt'
<br />advances, are paid in fuH with interest.
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<br />The mortgagor_L hereby assign _,_____ to said mortgagee all rents and income arising at any and all times from said pmpt'rty and
<br />hereby authorize said mortgagee or its agent. at its option. upon default. to take charge of said property and collect aU rents and income
<br />therefrom and apply the same to the payment of interest, principal. insurance premiums. taxes, assessments. repairs or improv(~ment.s
<br />necessary to keep said property in t.enantable condition, or to other charges or payments provided for herein or in the note hereby secured, This
<br />rent assignment ahaU continue in fon::e until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manm'r
<br />prevent or retard said mortgagee in the collection of said sums by foreclosure or otherwise.
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<br />The failure of the mortgagee to assert any of its rights hereunder at any time shall not be construed as a waiver of its right to assert- the
<br />same at any later-time. and to insist upon and enforce strkt compliance wilh aU the term~ and provisions of said note and of this mortgage.
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<br />If said mortgagor S shall cause to be paid to said mortgagee the entire amount due it hereunder. and under the tenns and pmvisions
<br />of said note hereby secured. including future advances. and an,)' extensions or renewals thereof in Bcxorddfice with the terms and provisions
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<br />if sald m0rt.gag06-__ shall comply with all the provisions of said not.e and of this mortgage. then these presents shall be void;
<br />remain in fuUforceandeffect.lUldsaid mortgagee shall beentiUed to the posse."i:iion of aU of said property. and may, at its option,
<br />~ said oow and all m.~ rep:r-esented tb.ureby tu be imrnOO.iawly due and Jltlyable, and may fm'-'t~lood this mmtgage
<br />or t.her legal action to protect its right. Appraisement waived.
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<br />~timort.gage shall be binding upon and shall enure to the benefit of the heirs. t'xecutors. administrators. succes..<lt.>CS and assigns of th\'
<br />re8P8ct/o;& 'parties hereto,
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<br />.IN''WITNESS WHEREat'. &aid Mortgagor S _
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<br />~{~m
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<br />ha _'le~_ hereunto set " theJr hand _5 the dB)' and yt.'ar firsl uho\'c
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<br />Ii}} .I dH../,~ 'n-' , ","j, " //
<br />~AROIYrf'l:"'MEUr3ER{ . <-r.LY'1.4;AAf
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