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<br />83-+)05319
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<br />MORTGAGE
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<br />THIS INDENTURE, made th.iL_,,__?13J,~______ day of __,S_e~!~p~r__,_
<br />_ GALErt L. STERNE1L AN1LIJJJ"QR~~3TERNE1~LH\g;1~g_nd and Wife
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<br />] 9 ~_~_, by and between
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<br />of Ha 11 County, Nebraska. as mortgagor ~_. and Home Federal 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 />mortgagee;
<br />WITNESSETH: Thatsaid mortgagor S ,for and in consideration of the sum of SEVEN.- THQUSAND 51 XTEEN DOLLARS
<br />AND NO/I00--------------------------------------------~-~~~~;~:;~~~~gr6~U~: ),
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<br />the receipt of which is hereby acknowledged, do by these presents mortgage and ~~~t.iihtO:>~d:_tiU:stfPi~;qtsJ~~i1 and assigns,
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<br />forever. all the following described real estate, situated in the County of _~+ Ha 11
<br />and State of Nebraska, to~wit:
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<br />LOT THIRTEEN (13) IN AMICK ACRES COMPRISING A PART OF THE WEST HALF OF THE
<br />SOUTHWEST QUARTER (W~,SW~) OF SECTION TWO (2) TOWNSHIP NINE (9) NORTH, RANGE
<br />TEN (10) WEST OF THE 6TH P.M. IN HALL 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 connect.ion with said property. whether the same afe now located on said property or hereafter
<br />placed thereon.
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<br />TO HA VE AND TO HOLD THE SAME. together with all and singular the tenement..s. hereditaments and appurtenances thereunto be-
<br />longmg, or in anywise appertaining, fore\o'er. and warrant the title to the same. Said morgagor .~___ hereby covenant with said
<br />mortgagee that- __ ." t he~._______.d..re.- , at the delivery hereof. the lawful oWner~. of the premises above conveyed and described.
<br />~d ~____ seized o~ a good. and indefea.si~le estate of inheritance therein, frt-e and cleat of all encumbrances, and that __. .tr.ey-- will
<br />warrant and defend the uue thereto forever agamst the dauns and demands of all persons whomsoever.
<br />PROVIDED ALW A YS, and this instrument is executed and delivered to secure the payment of the sum of __SIVi.rf_IH.011..SANU____
<br />S 1 XTEEN DOLl.l\RS_A1:ID_Nl1LllliL::-..,..-----_---...-..-..-,-,-_-..-.......----Dollars ($ _,_I>-OlLllil_,.___ I.
<br />with int.ereet thereon. together with such charges and advances as may be due and payable to said mortgagee under t.he terms and conditi{)n~
<br />of the promissory note of even date herewith and secured hereby. executed by said mortgagor .~__ _ to said mortgagee, payable as expressed
<br />in said note. and to !Iecure the perfonnance of all the terms and conditions containoo tht: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 mortgagorS-___
<br />b)' said mortgagee. and any and all indebtedness in addition tu the amount above stated which said mortgagors, or any of them, may owe to
<br />said mortgagee. however evidenced. whether by note, book account or otherwise. This murtgage shall TeOliiin in full forl;e and effect bl'twuen
<br />the parties hereto and their heirs, personal representatives, successors and assigns, until all amounts secured hereunder. including futurl'
<br />advances. are paid in full with interest.
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<br />The mortgagor ~ hereby assign ~___ to said mortgagee all rents and lncome 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 charg€ of said property and collect aU rents and incume
<br />therefrom and apply the same to the payment of interest, principal. insurance premiums. taxes, aS6es5ments, repairs or improvements
<br />necessary to keep said property b 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 here-under shall in no manner
<br />prevent or retard said mortgagee in the collection of said sums by foreclosure or ot.. rwise_
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<br />The failure of the mortgagee to 8.S5ert any of its rights hereunder at any time shall not be construed as a waiver of its right to assert. the
<br />saInt: at any later time. and to insist upon and enforce strict compliance with all the terms and provisions of said note and of tois mortgage.
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<br />If wd m_~r_S shall cause to be paid to said mortgagee the entire amount du~ it hereunder. and under the tenns and provi~ion:;.
<br />of said note hereby secured. including future advances. and any extensions or renewals then.'Of in accordance with the terms and provisions
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<br />thereof, and if said mortgagor ~_~_ shall comply wiLh all the provisions of said note and of this mortgage, then these presents shall he void:
<br />otherwise to remain in full force a.ud effect. and said mortgagee shall be entitled to the possession of aU of said property. and may. at its opt.ion,
<br />declare the w~ of said DOte and all indebtedness repreBenled thereby to be immec::liately due and payable. and may foreclose this mortgagl'
<br />or take any other leg81 action to prote<:t ita right. Appraisement waived.
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<br />This mo~ shall be binding upon and shall enure to the benefit of the heirs, eXl;'<:U1.Ors. administrutors, SUCCi;\~SOrs and Hssigns of the
<br />_pectiv.'porties hereto. ,o~'. ~
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<br />=~~T:~Ai=:
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<br />he y~_ hereunto set _their_ hand S the dllY and year. first abO\"l'
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<br />D~k:.d~l1.M...<
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