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<br />84.-o11!! 005572
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<br />MORTGAGE
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<br />THIS INDENTURE, made this._J.7t~~ day of October ._~_.____, 191M _, by and between
<br />. Robert J. Tesmer and Ei1ee~ B~ Tesmer. Husband and Wife
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<br />or 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 laws of the United States of America with its principal office and place of business at Orand Island. Nebraska. u
<br />monga,gee;
<br />
<br />WITNESSETH: That said mortgagor S
<br />
<br />,forandinconsiderationortbesumor SFVFN THntlSANO NTNI' HlINI)REO
<br />------------------- ---- .1lolIars(S 7.995.40 J.
<br />. .....d.
<br />by these presents mortgage and warrant unto said~, its successors and assipst
<br />
<br />NINFTY FTVF 001 JARS ANn 40/100
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<br />the receipt of which is hereby acknowledged. do
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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:
<br />
<br />.
<br />
<br />LOT TWO (2) IN FRACTIONAL BLOCK TWO (2) IN ASHTON PLACE, AN ADDITION TO THE CITY
<br />OF GRAND ISLAND. HALL COUNTY, NEBRASKA.
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<br />Together with aU 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 hereaftef'
<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 an)'Wise appertaining. iorever, and warrant the title to the same. Said morgagor .-5-..._ hereby covenant __HU with said
<br />mortgagee that t he y___ -.tire, . at the delivery hereof, the lawfuj owner --S- of the premises above conveyed and described.
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<br />~d.~___seiz--ed of Ii ~>d and indefeasible €st.ate of i.~_herita.'lce therein. free and dear of all encumbr~nces. end that_~.t~_wm
<br />wanant and defend tbe title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALW A YS. and tbis instrument is .....ured and delivered to secure the paymen~ oilbe sum 01.. SEVEN THOll SAND
<br />.NINE_HUIj.ORE.DNIltEJJ ..EIY.L.lliJllARS AfoID.4.ojlillL~"_~-=,,,~_.,~-. Dollars IlV ,qq&:j, 40 ),
<br />with interest thereon, together with such charges and udvances as may be due and payable to said mortgagee under the terms and conditions
<br />
<br />of the promissory note of even date herewith and secuJ"i:"d hereby. execur..ed by said mortgagor S----~ to said mortgagee. payable as expressed
<br />in said note. and to secure the performance of all the terms and conditions contained therein. The tenns of said note are hereby incorporated
<br />herein by this ref1!rt'nce.
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<br />1 t is the intention and agreement of the parties hereto that this mortgage shall also secure any future Advances made to said mortgagw ~._
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<br />by SKid mortgagee. and MY and aU lOdebtedness In addition to the a.mount above stated which said mortgagors, or any of lhtrnl. may owe to
<br />said mortgagft'. how~ve-r e-videnced. whether by note. book account or otherwise. This mortgage shall remain in fun force and effect between
<br />the IJ-arties hereto and their heirs. personal representatives, succe$sors and assigns. until all amounts secured hereunder, including futul"t'
<br />advances. are paid in full with interest.
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<br />The mortgagor-_~_ hereby assign ____ to said mongagee all rents and income ariSing at any and all times from said property and
<br />hereby authorize said mongagee or its agent. at Its option, upon default. to take ('harge of said property and ('oUect aU rents and income
<br />therefrom and apply the same to the payment of inte-rt!$t, principaL insurance premiums. taxes. assessments. repairs or improv('Iments
<br />necessary to keep said property in umanc.able oondition. or to other charges or payments provided for h&--ein. or in t!w note hereby secured. This
<br />rent assignment 5hPB continue in (oree untll the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manner
<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 aoy time shall not be construed as a waiver of it!i right to assert. the
<br />same ilt any later time. and to insist upon and enforce strict ('ompliance with all the terms and provi~ions of said note and of this mortgage.
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<br />If said mortgagor S shall cause to be paid to said mortgagee the entire amount due it. hereunder. and under the tenus and provisions
<br />of said note hereby secured. including fuWre advances. and any extensions or renewals thereof in accordance with the terms and provisions
<br />
<br />theceof, and if said mortgagor --------S- shall comply with all the provisions of said note and of this mortgage. then these presents shall he void;
<br />otherwise to remain in full forte aDd effect. and said mortgagee snaii be entitled to the possession uf ltU of said pf'Opert:~,-, iind ma)., at its vption.
<br />declare the whoie of said DOte and all indebtedness represented thereby to 00 immediately due IUld 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 heinl, executors. administrat.ors, successors and assigns of the
<br />respective 'plUtie8 hereto.
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<br />IN W~ESS WIU;REOF. ..,;d Mortgagor S
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<br />writ.te1V.... ,/ /J "'/ <._"
<br />~: d r., ~__/ ;
<br />. //~-<./.. ./~..~/ .. ....
<br />nnor T 1 """'0
<br />I'\vOLR I v.. I &:J I R
<br />
<br />j
<br />~.-<-:?~~.Ld~.. /--_ ~:.':-,':i __,.t.Chz"'.7,~;L;'~:.k":
<br />-~ EILEEN S: TESr'1ER
<br />
<br />theirc'
<br />l,
<br />
<br />hand s-
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<br />the d&JLJ!..~d year first ahovt'
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<br />tm ve hereunto ,Set
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