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I - MORTGAGE 84-004725 r THIS INDENTURE, made ~w.___5.ttL~"______ day of ~5epte!:nbel"-_" . 19 -84.-, by and be~ween EARL A. MARKWORTH AND A~RKWORTH, HIJSRANn ANn WTFF of Ha 11 County, Nebraska. as mortgagor " . and Home Federal Savings and Loan As.sociation of Grand Island. a.corporation organized and existing under the laws of the United Slates of America with its principal office and place of business at Grand Island. Nebraska. as mortgagee; WITNESSETH: That said mortgagor " . for and in consideration of Ihe5um or FOUR THQUSMID EIGHT HUNDRED FIVE DOLLARS AND NO/lOO -----------------------7'~":""':-.,~~:'.,t;4!05.'OO ) lhe receipt nf which is hereby acknowledged, do by lhese presents mortgage an:~$~i:&i;~:~d,~,jJLsors and usi&n.: Hall ' forever. all the following described real estate, situated in the County of and State of Nebraska. to~wit: LOT NINE (9), MARYLANE SUBDIVISION, HALL COUNTY, NEBRASKA. Together with all heating, air conditioning. iighting. and plumbi.ng equipment a."'ld fixtures. including screens, awnings. storm windows and 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 piaced thereon. TO HA VE AND TO HOLD THE SAME. together with all and singular the tenements, hereditaments and appurtenances thereunto be- longing. or in anywise appertaining. forever. and warrant the title to the same. Said morgagor $__ .. hereby covenant with said mortgagee that t he.y_____ -ar--e-- . l1t the delivery hereof. the lawful owner$-_ of the premises abovt" conveyed and described. ~d___j!J.:!;m_ seized of a good and indefeasible estate of inheritance therein, free and dear of aU encumbrances, and that_--Lhey__ will warrant and defend the title thereto iorever against the daims and demll1lds of aU persons whomsoever. PROVIDED ALW A YS, and this instrument lS executed and deliven.'t1 La secure the payment of the sum of ______~__________ FOUR THOUSAND ElGl:ILliUliOREil FL\'L [JOII AR~lllilL NQJlilJbollars 1$, _ A,B.05. 00 _____ L with interest thereon. together with such charges and advances as may he due and payable to said mortgagee under the tenns and conditions of the promissory note of even date herewith and securro hen~by, executed by said mortgagor -S-.--- to said mortgagee. payable as e-xpresst.>d in said note. and to secure the performance of all the terms and conditions contained lh~rein. The terms oi said note are hen>by incorporated herein by this reference. It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgaRor ___~_ by sllid mortgagee. and any and all indebtedness in additIon to the amount above stated wh.i.cl. said mortgagors. or any of them. may OWf!' to said mortgagee. however evidenced. whether by note. book account or otherwise. This mortgajiCe shall remain in full force and effect l)l,tween the parties hereto and their heirs, personal represematives, successors and assigns. until alll:lmounts secured hereunder, includinJ{ futurt> advances, are paid in ful~ with interest. The mortgagor ._~. hereby assign _ _ _ to sll:d mortgagee all rents and income ansing at any and aU times from said property and bf.U'l'iliy authorire said mortgagee or its agent. at its option. upon default. to take charge of said property and collect. all rents and income therefrom and {l.pply the same t.o the payment of interest, principal, insurtmce premiums, taxes, assessments. repairs or improvements necessary to keep said property in tenantable condition, or to other charges or payments provided for herein or in the note hert"by secured. Thi~ rent assignment shaU continue in force unlilthe unpaid balancl' of said note is fully paid. The takin~ of possession her-t'under shall In no mannpf prevent or retard said mortgagee in the coUection of said sums by foreclosurp or otherwiSt!. 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 same at any later time. and to insist upon and enforce strict compliance with all the t.erms and provisions of said note and of this mortgage. if said mortgagor S shall cause to be pa.id to said mortgagee the entire amount due it ht:reunder. and under the terms and provisions of said note hereby secured. including future advances, and any extensions or renewals thereof in accordance with the terms and proviSions thereof, and if said mortgagor ___5....__ shall comply with all the provisions of said note and of this mortgage, then these presents shull be void; otherwise to remain in full force and effect. and 8aid mortgagee shall be entitled to the pos~8sion of aU of said property, and may. at its option. declare the whole of said note and all indebtedness repre~nted thereby to be inunediato>Jy .\ue and payable, and may fo~lose t.his mor4::8K~' or take any other legal action to protect its right. Appraisement waived. This mortgage sball be binding upon and shaH enure L-o i.he bt'I-ldit (.r tho;. heirs, e:i.ecuto.r~. !!dO!ini~lr8t(Jrs. successors and 3t>sil-,'ll$ or the respective 'parties he 5 ha v_e_ hereunto set their hand S the day and year first nhO\il' I_L./_.~__ ALANA D. MARKWORTH ,:1./ j