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<br />MORTGAGE
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<br />83- ~iw4459
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<br />THIS INDENTURE, made this_ 19th___ day of __u~_u_9Q.~___,,_,
<br />ROY L. BETHUNE AND LUCINDA S. BETHUNE, Husband and \oiife
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<br />of Ha 11 County. Nebraska, as mortgagor S , 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-lsland, Nebraska."'a5
<br />mortgagee;
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<br />WITNESSETH, That said mortgagor S
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<br />, for and in consideration of .hesum of FIVE THOUSAND FOUR' HUNDRED
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<br />FORTY -ONE DOLLARS AND 34/100---------------------------".-rloUar5(S 5 ,441.34
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<br />),
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<br />the receipt of which is hereby aCknOWledged. do
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<br />_ by these presents mortgage and warrant.unt(f$aid ~~~t;~ -its ;uccessors and assigns.,
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<br />~l" - <
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<br />forever. aU the following described real estate, situated in the County of ___H.aJ 1
<br />and State of Nebraska, to-wit:
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<br />': ..,'
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<br />THE NORTH SEVENTY-TWO (72) FEET OF FRACTIONAL LOT ONE (1) IN
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<br />FRACTIONAL BLOCK ELEVEN (11), ARNOLD AND ABBOTT'S ADDITION TO
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<br />THE CITY OF GRAND ISLAND, HALL COUNTY NEBRASKA, AND ITS COMPLEMENT
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<br />TO-WIT: FRACTIONAL LOT ONE (1) IN FRACTIONAL BLOCK ONE HUNDRED
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<br />NINETEEN (119) IN RAILROAD ADDITION TO THE CITY OF GRAND ISLAND,
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<br />HALL COUNTY, NEBRASKA
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<br />Together with aU heating. air conditioning. lighting. and plumbing f'qulpment and fixtures. mcluding scroons. awnings. storm windows and
<br />doors. and window shades or blinds. used on or in connection with said propeny . wbether the same are now locatt.xi on said property or hereaftt'r
<br />placed thereon
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<br />TO HAVE AND TO HOLD THE SAME. together with all and singular the teneme-nt5. hereditaments and appurtenances thereunto be.
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<br />longing. or in anywise appertaining. forever. and warrant the title to the same. Said morgagorS: herehy ('ovtmant with said
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<br />mortgagee that _~ he -Y---- __are__ _ . at the delivery hereof. the lawful u.....ner _5___ of the- premises above conveyed and desnibed.
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<br />~~.ve--. _ seized of a good and indefeasible estate of inheritsnCt> therein. free and clear oi aU encumurant.'es, and thaL. _the_'y__~ will
<br />warrant and. defend the title thereto forever against the claims and demands of all pt"TSt."lD.S whomsoever
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<br />PROVIDED AL WAYS, and this instrument is .x""oted and dehvered to secure the payment of the ,urn of F1YE_ T1:lOUSAN[L FOUR
<br />_liUlillREDJORIY-ONI 0_011-.8RS_ AND 34/100------------------ DoHars 1$ 5.141.34 I
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<br />with interest thereon, together with such charges and udvanct's as may bt- dut, and raY8hl~ to said mortgagee unut'r the t\.'nn1j and condit.ions
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<br />of the promissory now of even dat.t: herewith and secured hereby. ...x~ut.ed by said mortgagor _S~" to said mortgagee. payauh: us expresSt.>d
<br />in said note. ,and to secure lohe performance of ail the t~rms ti,nd condit tons cont8.UlOO lht'rein. The- terms of said note are hereby im:orporalt..d
<br />herein by this reference.
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<br />It islhe intention and ~t of the parttes ht!reto thaL this mortgage shallal.so ~ure any future advances made to said mortgagor. S.a
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<br />by said mortgagee. and 8llY and all indebtedness m addiuon t.o tht> amount above t.'tat.ed whid, said mortgagors. or any of ti\t~m. m<<y owe to
<br />said mortgagee. however evidenced. whether by note. book aCt'vunt or i)lhervOl~. ThiS mort-j.{uge shall remain in full tornt and effed bt'twl...>n
<br />the parties hereto and their heirs. personal repre5el1Latives. succt?-ssors and assib"1ls. unttl aU amounts secured hereunder. including (utun'
<br />advances. are paid in full with interest.
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<br />The mortgagor .s....~.~ hereby assign ._ to said mort.gagoo aU rents and income ansing at any and aU timtl5 from said property and
<br />hereby authorize said mortgagee or its agent. at its option. upon default. to take chargt' of said property and colJoct all n'nts and inc()flw
<br />therefrom and apply the same to the payment of interest. principal. insurance premiums. tax~s. assessments, repairs or improvcmtmt~
<br />necessary to ~ said property in tenau:t.able condition. or to other charges Of pa)"ments provided for herein or in the nul..e hereby St,'cun..-d. ThlS
<br />rent assigmne.nt shall continue in force until the unpaid balance of said note L~ fully paid. The taking of possession hereunder shall in no matlJll'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 b~ construed as a W8JVer of its right to us.sert. the
<br />sam~ a.t any later time,~ and to insist upon and enfon;e strict compliance ""ith all the terms aDd provisions of said nOI.c and of this murtgagt'.
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<br />If said ~or S shaUcause to be paid to said mortgagee.the entire amount due it here-under. and under the tt.'rm.':i ano pmvisi()ns
<br />of saictnote benby selC\lred. including future advances, and any extensions or renewals themof in accordance witb the l-err:1s. und provisions
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<br />thweofJ and if said mOJ"tB8.&Ol 5____ shall comply with all tbe pn;)visions of ~aid noW and of this mort.gage. then th~~ prt-'St.~nt.."; shalllw VOId,
<br />otherwu.e: to_ rwnain in tull force and eff~. and said mortgagee shall be entitled to the possession of all of said _property. and muy. ~l its opb()O,
<br />~_ the w,~_ of said note and .u in~ represented tbereby to be immediately due and payable. und may foredo~tl thi~ mortgu~l.'
<br />or take any ol;ber legal 8<'tion to protect its right. AppraiBernent waived.
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<br />This rnottgage shall- be biDding upo~ il;lld. shall enure to lhe ~nefit of the heirs, tuH_:-cutors, administrators, s-u('ce.s~ort< and as,'..igns lIf t1w
<br />respective'~ hereto.
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<br />~. WITNESS WHEREOf, said MQrtgegQr S
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<br />.. Ro1:~xr-'
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<br />ha \Ie, lwreunto set.; t~r hand S
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<br />~i'~:~[c_(---~.,; /_~.(l:{Lt; -):....'
<br />LUCINDA S. BETHUNE
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<br />the daS ~nd year flnit IIhOVi'
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<br />...~,b.,~~,~~~>:_~~~~~~~~
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