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<br />00374;3
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<br />MORTGAGE
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<br />THIS INDENTURE, made thia______U1tt_______ day of _~)JJx_____________,___,. 19 !!,!,_. by and between
<br />GEORG~ J. TOURTILLOT~BH_~N-REMARRIED WIDOWER
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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 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
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<br />. for and in consideration of the sum of
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<br />TWENTY THOUSAND TWO HUNDRED FIFTEEN DOLLARS AND ,. 50'/;1,aO ---nou.r<($' 20 ,215.50
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<br />),
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<br />the receipt of which is hereby acknowledged, do. es
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<br />by these presents "J'!.r.tgage~~~ ~_at!,ant,tiiito' ~d..ii1ortga8ee~'its successors 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 />A TRACT OF LAND IN THE NORTH HALF OF THE NORTHWEST QUARTER (N~NW~) OF SECTION
<br />TWENTY-SEVEN (27), IN TOWNSHIP TWELVE (12) NORTH, RANGE NINE (9) WEST OF THE
<br />6TH P.M., MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE
<br />SECTION LINE 1111.7 FEET EAST OF THE NORTHWEST CORNER OF SAID SECTION 27, SAID
<br />POINTBEING THE INTERSECTION OF THE EAST RIGHT-OF-WAY LINE OF THE UNION PACIFIC
<br />RAILROAD AND THE SECTION LINE THENCE EAST ON THE SECTION LINE, 232.5 FEET, THENCE
<br />SOUTHERLY A DISTANCE OF 1311 F~ET ON A LINE PARALLEL TO SAID UNION PACIFIC RIGHT-
<br />OF-WAY LINE, THENCE WEST 232.5 FEET TO THE UNION Pf'TFIC RIGHT-OF-WAY LINE,
<br />NORTHERLY ON SAID RIGHT-OF-WAY LINE A D;<:TANCE OF 1->10.4 FEET TO THE POINT OF
<br />BEGINNING, SAID TRACT CONTAINING 7.0 AC~LS, MORE OR LESS.
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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. t-ogethcr with all and singular the tenements, hereditaments and appurtenances thereunto be-
<br />longing, or in anywise appertaining, forever. and warrant the title to the same. Said margagor __~__. hereby covenantS____"_ with said
<br />mortgagee that he ___..~~__,_,,__,,_ , at the delivery hereof. the lawful owneL__~____ of the premises above conveyed and described,
<br />~nd _---is.-___ _ seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and thal_ he__ will
<br />warrant and defend the title thereto forever against the claims and demands of aU persons whomsoever.
<br />PROVIDED ALW A YS. and this instrument is exocuted and delivered to secure the payment of the sum of _nIW.E.NTY THOUSAND
<br />TWO _HUNDRED JJnliNHQQlj,.1\RS~NIL50LlQQ=-_-:,:::-_~~:-_-_~-=-~,::=~: Dollars ($_~20 ,21~~~__;.
<br />with interest thereon, together with such charges and advances 8S may be due and payable to said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith and secured hereby, executed by said mortgagor __" to said mortgagee. payabie as expressed
<br />in said note, and to secure the performance of ail the terms and conditions contained therein. 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 mortgagor.,..__
<br />by said mortgagee. and any and all indebtedness in addition to the amount above stated whicl. snid mortgagors, or any of them. may owe to
<br />said mortgagee. however evidenced, whether by note. book account or otherwise, This mortgage shall remnin in full force and effect between
<br />the parties hereto and their heirs. personal representatives, successors and assigns, until all amounts secured hereunder. induding futUrt'
<br />advances. are paid in full with interest.
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<br />The mortgagor __~_ hereby assign __.5-._ to said mortgagee all rents and income tlnsing 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 imerest, principal. insurance premiums. taxes, assessments, repairs or improvement.s
<br />necessary 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 hereund~r shall in no munnPr
<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 thp
<br />same at any later time, and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this mortgage.
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<br />If said mortgagor shall cause to be paid to said mortgagee the entire amount due it. hereunder, and under the terms and provisions
<br />of said note hereby secured, including future advances, and any extensions or renewals thereof in accordance with the terms and provisions
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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 present~'> shall he void;
<br />otherwise to remain in full force and t!ffect, and said mortgagee shall be entitled to the possession of all of said propeny. and may. at its option,
<br />declare the whole of said note and all indebtedness represented thereby to be immediately due and payable, and may foreclose this mortgage
<br />or take any other legal action to protect its right. Appraisement waived.
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<br />This mortgage shall be binding upon and shall enure to the benefit of the heirs, exe..:utors. administrators. successors and assigns of the
<br />respective 'parties hereto.
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<br />IN WITNESS WHEREOF, said Mortgagor
<br />written,
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<br />hu S _ hereunto "et
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<br />h-is
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<br />hand
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<br />tl-w day and year first ,thov,'
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<br />G{~{~;,~Dd?firL6ff;j~-;;f-
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