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<br />THIS INDENTURE, roade thiB_'21SL_,.,____, day 01 _~_e~temlter:
<br />LARRY M. DECKER ANDKATHRYN_Ii-_DECK~,JjUSBBlliU\ND WIFE
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<br />,_m' 19 ~.1", by and between
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<br />MORTGAGE
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<br />83--(l05284
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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 Slates of America with its princ:lpal office and place of business at Grand Island, Nebraska, as
<br />mortgagee:
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<br />WITNESSETH: Thatsaidmortgagor S ,forandincon,ideralionoflhesumol SIX THOUSAND DOllARS
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<br />AND NOnOO ----------------------------------- ---- ----O';II8IS(Sfi"(jonoo,,
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<br />the receipt of. which is hereby acknowledged. do __ by these presents mortgage and warrant unto said mongagee, -its successors and assigns,
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<br />forever, all the following described real estate, situated in the County of ~-Ha.lL.--
<br />and State of Nebraska. EO.wit:
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<br />A PART OF BLOCK TWO (2) OF KOEHLER SUBDIVISION, BEING A PART OF THE SOUTHEAST QUARTER OF
<br />THE SOUTHWEST QUARTER (SE\SW>.,) OF SECTION FIFTEEN (15). IN TOWNSHIP ELEVEN (11), NORTH,
<br />OF RANGE NINE (9), AND PART OF LOT FOURTEEN (14), OF THE COUNTY SUBDIVISION OF THE WEST
<br />HALF OF THE SOUTHWEST QUARTER (Wl;;SW\) OF SECTION FIFTEEN (15). IN TOWNSHIP ELEVEN (11),
<br />NORTH, OF RANGE NINE (9), WEST OF THE SIXTH (6TH) PRINCIPAL MERIDIAN, MORE PARTICULARLY
<br />DESCRIBED AS FOLLOWS:
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<br />COMMENCING AT THE NORTHEASTERLY CORNER OF BLOCK TWO (2), IN KOEHLER SUBDIVISION, ACCORDIN
<br />TO THE RECORDED PLAT THEREOF NOW ON FILE IN THE OFFICE OF THE REGISTER OF DEEDS OF HALL
<br />COUNTY, NEBRASKA, AND RUNNING THENCE WESTERLY ALONG THE NORTHERLY LINE OF SAID BLOCK TWO
<br />(2), NINETY-FIVE (95) FEET. THENCE SOUTHERLY, PARALLEL WITH THE EASTERLY LINE OF SAID
<br />BLOCK TWO (2), TO THE RIGHT OF WAY OF THE BELT LINE OF THE CHICAGO. BURLINGTON & QUINCY
<br />RAILROAD COMPANY. THENCE NORTHEASTERLY ALONG THE NORTHERLY LINE OF SAID RIGHT OF WAY,
<br />TO THE EAST LINE OF SAID BLOCK TIvO (2), THENCE NORTHERLY ALONG THE EASTERLY LINE OF SAID
<br />BLOCK TWO (2) ONE HUNDRED AND FIVE (105) FEET TO THE PLACE OF BEGINNING.
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<br />Together with all heating, air conditioning. lighting. and plumbing equipml:!nt and fixtures. including screens. awnings. storm windows and
<br />doors. and window shades or blinds, used on or in connect.ion with said propeny, whether the same arc now located on said property or hereafter
<br />placed thereon.
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<br />TO HA VE AN D TO HOLD THE SAME. together with all and singular the tl:'nements, hereditaments and appurtenances thereunto be-
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor ___5_ hereby covenant with said
<br />mortgagee that __ t he.Y"_ ar::~ . at the delivery hereof. the lawful owner 5 _ of the premises above conveyed and described.
<br />~d___.Jlt.e__ ___ seized of a good imd indefeasible eSUite of inheritance therein, free and clear of all encumbrances, and thaL_t_ heJL~_ will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever,
<br />PROVIDED ALW A YS, llnd this instrument is eXl'lCuted and delivered t.o secure the payment of the-sum of ~___.s_l.K"IHQUSANll..~.._ .--.. -
<br />,.-OOblAR~Al>IDNQll00---------------------------------- Dollars 1$ !i~QQQ&Q. I,
<br />with interest thereon, togeUier with such charges and advances as may be due and payable to said mortgagee under the lem1S and conditions
<br />of the promissory note of even date herewith and secure..d hereby, executed by said mortgagor ___.s~.__ to said mortgagee, payable as expresstld
<br />in said nute. and 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 shall also secure any future advances made to said mort.gagorS-_
<br />by said mortgagee. and any and all indebtedness in addition to the amount above stated wbict. sRid mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced. whether by note. hook account or otherwise. This mortgage shall remain in full force and effect between
<br />the parties hereto and their heirs. personal representat.ives, successors and assigns, until all amounts secured hereunder, including fut.un'
<br />advances. are paid in fun wit.h interest,
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<br />The mortgagor ~ hereby assign _,_..~._ to said mortgagee all rent.s and income arising at any and all times from said property and
<br />hereby authorize_said mortgagee or its agent, at its option, upon default, to take chargE of said property and collect all rents and income
<br />therefrom and apply the same to the payment of interest. principal, insurance premiums, taxes, assessments, repairs or improvements
<br />netessary to keep said property in tenantable condition,-or to other charges or payments provided for herein or in the note hereby secured, This
<br />rent assignment shall continue in force until the unpaid balance of said note is fully paid.. The taking of possession hereunder shall in no m<lnntlr
<br />prevent or retard said mortgagee in the collection of said sums by foreclosuri:! 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 strict complil\.nce with all the terms and provisions of said note and of this mortgage.
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<br />If said mottgugor S shan cause to be paid to said mortgagee the entire amount. due it hereunder. and under the Lerms and provisions
<br />of said note hereby secured, including future advances, and any extensions or renewals thcrt.'Of in accordance with the terms and provision~
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<br />thereof, and if said mortgagor ~~ shall comply with all the provisions of said note and of this mortgage, then these pres~~nts shall he void;
<br />~i8e.J~l remain in ,full force and effect. and said mortgagee shall be entit.led to the possession of aU of said property. and may ..at its option,
<br />dt!clate U;,;'iI'hole of said note-and- all indebtedness represented thereby to be immediately due and payable. und may foreclOtie this mortgage
<br />or: take ~,_other legal action. to protect ita .right. Appraisement waived.
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<br />This mortgage shall be binding upon aIid shall enure to the benefit of the heirs. execuWrs, administrators. successors and assigns of the
<br />....~vtpart... beret<>,
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<br />, I~~~SS WHEREOF, said Mortgagor. S ha ,Vj1,hereunt<>..,
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<br />their
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<br />the da)' and Yio'Rr first. "hon'
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