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<br />I <br /> <br />84........ 004611 <br /> <br />MORTGAGE <br /> <br />r- <br />I THIS INDENTURE, made <hia_____A.ttL___________ day or ________.5.eptemb.er_. , 198..4.__.. by and between <br />_~lJE L. HILL-.llliQJ:MMA~Hll,.J.LJ:!ILSBAND AND_..k!lfJ:__________ <br /> <br />of Ha 11 County, Nebraska, as mortgagor 5 . 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; <br /> <br />I <br /> <br /> <br />1Jo1I~, U~_'__'_" ,"'. .,"m'~'f <br /> <br />the reteipt of which is hereby acknowledged. do by these presents mortgage and warrant unto s~~~~~":~c:itt~;.E~and <br />- ,;.>-,.~;}~~-~~..t"m. <br /> <br />forever. aU the following described real estate. situated in the Coumy of _ Ha 11 <br />and State of Nebraska, to-wit: <br /> <br />LOT THREE (3), BLOCK FOURTEEN (14), OF GILBERT'S ADDITION TO THE CITY OF GRAND <br /> <br />ISLAND, HALL COUNTY, NEBRASKA. <br /> <br />Together with all heaLing. air conditioning. lighti..'1g. and plumbing equipment lUld fixtures. including screens. awnings. stom):" 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. <br /> <br />TO HAVE AND TO HOLD THE SAME. together with all and singular the tenements. hereditaments and appurtenances-thereunto be- <br />longing. or in anywise appertaining.,forev@r, and warrant the title to the same. Said morgagorS:...~._hereby covenant--------:with-said <br />-mortgagee that _ ...t he .__Y.___ _~ re ____ ,at the delivery heroof. the lawful owner __~___ _ of the premises above conveyed and described. <br />8n.d~---ar---e-.--. se~ed of a good and indefeasible estate of inheritance therein, free and dear of aU encumbrances. and that...:t,.,.~+wiU <br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever_ ,_ <br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of _'_'_ <br />__~!;_VJ;J'LmQW.l8tlQ ElGl:!ILDOJJ.ARSAt:lD._NOL1llCL-:-:-:-:_-:-==-""-",--:__ Dollarsl$ll,080 00 .}, <br />with int.erest tht>.reon. together with such charges and advances as may be due Bnd payable to said mortgage(! under the tenos and j:IornlitiQhs_ <br />of the promissory note of even date herewith llud 5e{'urffi hereby I executed by said mortgagor 4_. _ to said lTIof'tpgee, payable-8,$.e1J.pteSSed <br />in said note. and to secure the perfonnance of all the terms and conditions contained thbrein. The terms of said note are hereby ~rporated <br />herein by this reierence. ) <br /> <br />It lS the intention and agreement of the parties hen~Lo that this mortgage shaH al.qo se(:ure any future advancee. made to said ~...L <br />by said mortgagee, and any and aU indebWness in addition to the amount above stated whidl said mQrtgagors, or any of them,:' ~_ owe, to <br />said mortgagee. howevt'-f' evide-.nced, whether by note, book Rccount or otherwise. This mortgage shall remain in full force and effec:;t betweQD <br />the parties hereto anrl t.heir heirs. personal representatives. successors and assigns. until all amounts st!CUred hereunder. including future <br />advances. are paid in full with interest. <br /> <br />Tha mortgagor --s- hereby assign _. ~ _ to said mortgagee aU rents and income arising at any and aU times from ,aid. ,property and <br />hereby authorize said mortgagee or its agent. at its option. upon default. to take charge of said property and collect all.rent.s and income <br />therefrom and apply the same to the payment of interest, principal. insurance premiums. wes, assessments, repairs or improvements <br />necessary to keep said IlI'Operty in tenantable condition. or to other charges or payments provided for, herein odn the note hereby, -SeC:u.red.~ ,Tb~s <br />rent assignment shall continue in force untu tbt unpaid balance of said not.e is fuUy paid. The taking of possession hereunder shall in no manner <br />prevent or retatd said fIlO.t"I'...gagee in the ooUection of said sums b~' foreclosure or otherwise_ <br /> <br />The failure of the mortgagee to assert any of its rights hereunder at any time shall not be const.rUed as a waiver of its right to a.."1Set1;t the <br />same at an)' later time, and to insist upon and enfOH.-,e strit-t compliance with aU the term~ llnd provisions of said note and of this mortgage. <br /> <br />If said mottgagor S shall cause t..o be paid to said mortgagee the entire amount dUll it hereunder, and under the tenns and provisions <br />of said note hereby secured. including future advances. and any ex.tensions or renewals thereof in accordance .....ith the terms and provisions <br /> <br />thereof. and if said mortgagor ..., _~_. __ shall comply With all the proviswns of &lid note and of this mortgagt\ then these presents shall be void: <br />otherwise to remain in fun force and effect. and said. mortgagee shall be- entitled to tbe possession or aU of said property. and may., at its option, <br />dedare Ute whole .of said note and all indebtedneaa repre~nted thereby to b-,; inunediaLely due and payablt'. and may foreclose tl)ls mortgage <br />or take- any ather It:galaction to proteCt its right. Appra~erncnt wwved, <br /> <br />Tim mortgagt!- shall tM" bindmg upon and shall enure to the ~nl,}iil- or the heirs. t'Xl.'t'Uu.lr~. ndministrttLors, ~u(,'a.\s.sor$ aru;J. Msigns. of the <br />m:sP"'tive -parties h(!rew <br /> <br />L <br /> <br />IN WITN~;;i/l' WIIEUEOF,. ""'d.... Mortf,&g"<S. <br />wrlUen. // / ~ _ ~C-;//"': ,/ .:=' <br />/ / e!zLr-&', ,/ ,,;0;Yt:... <br />VEM L. HILL v, '?' <br /> <br />ha ve <br /> <br />hltr~unto set thei r. ,_ hond <br /> <br />~ ~~~:.~-,~'.~.~- ~~ ~~ <br />EMMA N. HILL <br /> <br />5-," tht,> da,," and year fir~l abo\'t, <br /> <br /> <br />~~>>-n11L:;: In'"-.-..... <br /> <br />t~ :~I::~~~*~~~~~~~~~~~ <br />