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I
<br />MORTGAGE
<br />84 ----- ii t7 0 8 3 3
<br />THIS INDENTURE, matte thfs _____15TH._.-.______. day of ___F_2 ~tIaY~.--, .-- 19 _.s4, by and between
<br />`_ .TIMOTHY R. ALBERTS AND_ DIANNA L. ALBERTS.,, Husband and Wife _,~_____
<br />of Hal ~ County, Nebraska, as mortgagor ._5 _~_, and Home Fedcrai Savings and Loan Association of Grand Island, a corporation
<br />organized and existing under the Taws of the United States of America with its principal office and place of business at Grand Island, Nebraska, as
<br />martgagtz;
<br />WITNESSETH: That said mortgagors ,for and in consideration of the sum of. F T FTFEN T__ H~~CAND S T X
<br />DOLLARS AND NO/100 ------------------------------ nauarsES 15,006.00 1
<br />[he rettipt of which is hereby acknowledged, do____________ by these presents mottgage and warrant unto said monga{a, its successors and assigm,
<br />foreveq ail the following describeA real estate, situated in the County of _._.___ ua T 1 _
<br />and Slate of Nebraska, [n-wit:
<br />LOT FOUR (4), IN BLOCK NINE (9), IN H. G. CLARK'S ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Together with all heating, air conditioning, IightinK. and plumbinK equipment end fixtures, including screens, awnings, swan windows and
<br />doors. and window shades or blinds, used on or in connection with said property, whether Lhe same are now Located on said property or hereafter-
<br />pleced thereon.
<br />TO HAVE AND TO HOLD THE SAME, wgether with all and singular the tenements. heroditaments and appurtenances thereunw be-
<br />longing, or in anywise appertaining, forever, and warrant Lhe title w the name. Said morgagor-$- hereby covenant _____ with said
<br />mortgages that - _ the.,u__SiC_fl... - , at the delivery hereof, the lawful owner.S - of Lhe premises above conveyed and desecibed,
<br />and _____ dl'e seized of a good and indefeasible estate of inheritance therein, free end clear of all encumbrances, and that_the x_will
<br />warrant ctrl defend [he title therew forever against the claims and demands of ell persons whomsoever.
<br />PROV IUEll ALWAYS, end this instrwnent is exsruted and delivered to secure the paytnentof the sum of _.FIETEEN TI-1nusANn- _
<br />----slx_co~~hRS_a.»_r~~1~cc-------------- ---------9- iMlianiJ.- - 15"004,.Q~------i.
<br />with interest thereon, wgether with such charges end ndvances as may be due end payable w said mortgagee under the terms and conditions
<br />of the pn,miasory note of even date herewith attd sstureal hereby, executed by said murtgagor,_S_,_ Wsaid mortgagee, payable as oxpmsstrl
<br />in said note, and w secure Che performance of ell the terms and conditions contained therein. The terms of said note ere hereby incorporated-.
<br />herein by this: reference.
<br />It ie the intention sad agreement of the parties herew that this mortgage shall also secure any future advances made w said mortgegors~_
<br />by said mortgagee, and any and all indebtedness in additmn w the amount above stated whist, said mortgagors, or any of them, may awe to
<br />said mortgagee, however evidenced, whether by note. book account or otherwise. 'Phis mortgage shall remain in full force and effect between
<br />the parties hereto end their heirs, personal representatives, successors and assigns, until ell amounts secured hereunder, including future
<br />advances, are paid in fuL' with interest.
<br />The mortgagor_S_ hereby assign ...__._. w said mortgagee all rents and irtoms ansing at any and all times from said property and
<br />hereby authorize said mortgages w its agent, at its option. upon dstault, w take charge of said property and collect all rents and income
<br />there[eom end apply the soma w Che paymam of interest, principal, insurance premiums, taxes, assessments, repairs or improvements
<br />nceessary to keep-said~pttrperty in tetuotable condition, ar w other charges or paymtmts Provided for hentin or_N tbe-mte.heraby-setured: This.
<br />cent assignment shall continue N torte anti! the unpaid balance of said note is fully paid. The taking of possession hereunder shaft in no manner
<br />prevent or retard said pwrtgttgee fn Lhe collection of said sums by foreclosure or otherwise.
<br />The faflura o[ the mortgagee to assert any of iGS rights hereunder at any Cime shall not 6e rnnstrued as a waivsr of its righ4 w assert tfie
<br />same at any irtar time,.end w insfat upon std snforce steict compliatue with all the terms and provisions u[ said note and of this mortgage.
<br />It said trwztyagor S shall cause w he paid w said mortgagee. the entve amount dos it hereunder, and under the taints and provisions
<br />of said cote hmpby stxuted, induditg tuWre advanrxs, and any exianslons or renewals thereof in ncturdam:e with the terms and provisions
<br />thereof, and if said mortgagor __ 5... shall cpnply with all the provisions of said note and of Lhis mortgage, than Lhess prt~ants shalt be void;
<br />atherw-lee to rwmain in full torte apt efleet, and said tnortgagoeahail he entitled w the possession of atl of said propeHy. and may, at. its option,
<br />ttae{uetha whole nt said. pre and ~Il indebbadnepa repreaenutxd thereby w be immsdiecsiy due and payable, end may fnreclasa;this mortgage
<br />a Lake. any otters k8a1 actfan m protect ita~-.right. Appreiaemsnt waived. -
<br />Thie mprtgagy shall ba bindutgupna and shall enure W the twnetit of the hairs, ezw:uwrs, administretod, successors and. assigns rd' the
<br />rupe4tive~p47sisa hare[e,
<br />1N WITNF.$S WIf EAFOF, said Afrxtgagor ~. ha Ye. hereunto set thelr_ _ _ hand S_... the dny and ysar~°first nhuve
<br />written _ ~ ~
<br />~i
<br />TIp10THY R. ALBERTS DIANNA L. ALBERTS
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