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<br />MORTGAGE
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<br />84- 004728
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<br />THIS INDENTURE, mad. ~bi,.".... fith~~_._. ~"day of _.5..ep.temher___~ . ......., 19.114.., by and between
<br />CARL A. TESMER 1\f'i!LJ2EliORilHLLIESMER..JlIISRANI1 ANI1 WTFF
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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 iaws of the United States of America with its principal office and place of businese at Grand Island. Nebraska. as
<br />mortgagee;
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<br />WITNESSETH: Tha!Saidmortgagor~, for and in consideration of the sum of THREE THOUSANI1 11011 ARS ANn
<br />NOnOO -------------------------------------------_______ DOllars(!' " ',~~onn on ),
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<br />the receipt of which is hereby acknowJedged. do
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<br />by these presents mortgage and 'W~~~~~ ~~~2~}t!',fucces50rs and assigns,
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<br />forever. alllhe following described real estate, situated in the Coumy of Hn 11
<br />and State of Nebraska. to-.....it:
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<br />LOT FOUR (4) BLOCK THREE (3) COLONIAL ESTATES, CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRAS KA.
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<br />Together with all heating, air conditioning. lighting. and plumbing equipment and fixtures, induding screens. awnings, stann windows and
<br />doors. and window shades or blinds. used on or in connectlon 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, together with all and singular the tenements, hereditaments and appurtenances thereunto be.
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<br />longing. or in anywise appertaimng, forever. and warrant the title to the same. Said morgagor -S~--- hereby covenant ,____'"' with said
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<br />mortgagee that the _y,," _ a~~ , atlhe delivery hereof. the lawful owner ___S~ of the premises above conveyed and described.
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<br />~nd __ _ara seized of 8 good and indefeasible estate of inheritance therein. free and dear of all encumbrance-s. und that-the:y- will
<br />warrant and defend the title thereto forever against, the claims and demands of all persons whomsoever.
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<br />PROVJ DED ALW A YS, and this instrument i,,,, executed and delivered to secure the payment of the sum of _._______~.___~,~__
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<br />- TIiEI.E IHQUSAND. DOLLARS AND. NO/tOO ------,--,----",-,-,-.,----m L\,lIars IL.J.,.ono no __I,
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<br />with interest thereon, t.ogether with such charges and udvtmces as may be due a.nd payable t-O said mortgagee under the tenns and conditions
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<br />of the promissory note of even date herewilh and set'un...d hereby, executed by $aid mort.gagor$.__ . to said mortgagee, payable as expressed
<br />in said note, and to secure the performance of aU 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.5_
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<br />by sl:tid mortgagee, and any and all mdebtedness In additIOn Lo the amount above stated whidl said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced, whether by note. book account or otherwise. This murtgage shall remain in full fOrl..."e and effect betwt!en
<br />the parties hereto and their heirs, personal representatives, SUCc('ssors and assigns. until aU amounts secured hereunder, inclUding future
<br />advances, are paid in fuU with interest,
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<br />The mortgagor ~_ hereby assign to <;aid mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorize said mortgagee or iLs agent. at its option, upon default, to take charg€ of said property and collect all rents and incom~
<br />therefrom and apply the same to the payment of mterest, principal. insurance premiums. taxes, assessments, repairs or improvements
<br />necessary to keep said property in tenantable condition, or to other charges or payments provided for herein or in the.-note hereby secured, 1'his
<br />rent assignment shall ('ont-ioue in force until the unpaid balance of said note is fully pa.id. The laking of possession hereunder shall in no manner
<br />prevent or relard said mortgagee in the colla::tion of said sums by foret'Iosure or otherwise.
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<br />The failure of the mortgagee to assert any of its rights hereund~.r at any time shall not be construed as a waiver of its right [0 assert the
<br />same at any later time. and to insist upon and IJnfon.:e .strict compliance with aU the t-erms and provisions of said note and of this mortgage.
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<br />If said mortgagor S sha.ll cause to be pa.id to said mortgagee the entire amount due It hereunder, and under the tenus and provisions
<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 --5---- shall comply with liB the provisions of said note and of this mortgage, then these presents shall be void;
<br />otherwise to remain in fun force andeftect. and said mortgagee shall be entitled to the possession of aU of said property, and may. at its option,
<br />declare the wbole of said note and aU 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. ApVraisement waived.
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<br />This mongllge shall be bindir.g upon a....d shall enure to the ooncfit of the heirs. ex~cut.ors, ~dministre.tors. SllCceSSO!"S anu assign~ of rht>
<br />respective 'parties hereto.
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<br />. IN WJTNE~ WHEREOF. said Mortgagor.s
<br />wnlten. ,'/' ,!,~
<br />). CA....-,/ / ~-0.--.~--?LL--'"-J
<br />; CARL it TEsMER]' n ,
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<br />V"'"
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<br />~v:~~"~, Lh::~j ~h~~ar :n~;;:s~::ov,~;
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<br />DEBORAH L. TESMER
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<br />ha. ve. hereunto set
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