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<br />MORTGAGE
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<br />84 - 005606
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<br />THIS INDENTURE, made tlUs_Zl!)~_________"__ day of -1)_~~____________, 1911<t_, bv and between
<br />___-111 CHAEL J. t1URPHY_ AN!L_JANET L. MURPHY ->- HUSBAND AND VI I FE
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<br />of Ha 11 County, Nebraska, as mortgagor S , and Home Federal Savings and Loan Association or Grand Island, a oorporation
<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: Thalsaidmortgagor S ,forandinconsiderationorlhesumor FIVE THOUSAND FIVE HtlNORFO
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<br />SIXTY 0011 ARS AND NOll 00 ----------'------------------_ Tlollars(~ 5,560"00 ),
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<br />forever. aU the following described real estate, situated in the County of I-I;t 11
<br />and Slate of Nebraska. to-wit:
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<br />the receipt of which is hereby acknowledged, do
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<br />by these presents mortgage_and-mp:rant~~O~~thnort~~~i::#S.~~rs and assips,
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<br />LOT SEVENTEEN (17), BLOCK THREE (3) IN LAKE DAVIS ACRES SUBDIVISION, HALL COUNTY.,
<br />NEBRASKA, COMPRISING A PART OF THE NORTH HALF OF THE NORTHEAST QUARTER (~NE~)
<br />OF SECTION TWENTY FOUR (24), TOWNSHIP ELEVEN (11) NORTH, ~~NGE NINE (9) WEST"OF
<br />THE SIXTH (6th) P.M., IN HALL COUNTY, NEBRASKA.
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<br />Together with aU heating. air conditioning. lighting. and plumbing equipment and fixtures. including scree..'!:s. awnings, storm windows and
<br />doors, and window shades or blinds. used on or in connection with said pTOperty. whether the same are 00'" located. on said property or hereafter
<br />placed thereon.
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<br />TO HA VE AND TO HOLD THE SAME, together wi~h all and singular the tenemen~s, heredi~ments and appurtenances ~bereunw be-
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<br />longing, or in anywise appertaining; forever. and warrant the title to the same. Said morgagor -S.- hereby CQvenant _,_ with said
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<br />mortgagee that. - the ..y-__ a-Fe- ' at the delivery hereof, the lawful owner,S-__~_ of the premises above conveyed and described.
<br />~d_._~~,_ seized oi 8 good and indefeasible estate of inheritance therein, free and clear of aU encumbrances. and. that..-:the-y-' wiU
<br />warrant and defend the title thereto forever against t he- claims and demands of all persons whomsoever,
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<br />PROVIDED AL WAYS. and this instrument is executed and delivered to -secure the payment of the sum of _~_
<br />__a. ELVLTI:lQUSAtmElYLHUNl1Rm SIXTY DOllARS_JIJIDjiO,lllliL Dollars 1$ 5.560 00 ),
<br />with interest thereon. together with such charges and udvtiIlces as may bt- due and payable to said mortga.gee under the tenns and conditions
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<br />of the promissory note of even date herew!th and secun.u hereby. executed by said mortgagorS---_ to said mortgagee. payable 8S ex.pressed
<br />in said note, and to secure the performance of aU the term:oJ and conditions contained therein. The terms of said note are hereby incQrp0r8ted
<br />herein by this reference.
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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 mortgagor ~
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<br />by s'lid mortgagee. and any and all indebtWn~s- in addition to the amount above Slated which said mortga,gors. or any of them. may owe to
<br />said mortgagee. however evidenoed. whether by note. book Rccount or otherwise. This mortgage shall remain in full force and effect between
<br />the partM!S hereto and thetr heirs. personal representaliv~s. successors and assigns. until all amounts secured hereunder, including future
<br />udvances, are paid in ful: with interest.
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<br />The mortgagor _ ,~_ hereby assign _ to said mortgagee all rents and income arising at any and I\l1 times from said pro~t.y and
<br />hereby authoriu said mortgagee or its agent. at its option, upon default, to take charge of said property and coUect all rents and income-
<br />therefrom and apply the same to the payment of interest. principal, insurance premiums. taxes, assessments, repairs or improvements
<br />necessary to keep said property in tenantable condition. or t.o other charges or paynumt8 provided for herein or in the note hereby secured. This
<br />rent assignment shall continue in force unt1.l the unpaid balanC'-t' of said note is fully paid. The taking of plls--'ieSSion hereunder shall in no manner
<br />prevent or retard said mortgagee in the collection of said sums by for&.'losure or otht'rwise.
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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 t.o assert, the
<br />~nltJ' at any later time. and to insist upon and enforce strict compliance with all the tertru> and provisions of said note and of this mortgag~.
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<br />If said mortgagor 5 shall cause to be paid to said mortgagee the entire amount dut., it hereunder. and under the tenus and provisions
<br />of said note hereby secured. including future advances. and any extensions or renewals theruof in accQrdance with the terms and provisions
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<br />thereof. and if said mortgagor .--5-._ shall comply with aU the provisions of said note and of this mortga~, then these presenl.s shall be void;
<br />otherwise to- nmaiD in full fOral and effect. and said mortgagee shall be entitled to the }X)Ssession of all of said pruperty. and may, at it.'1 option.
<br />declaN the ..heMe of said note and all indebtedness represented thereby to be immediately due and payahle, and may foreclose this mortgage
<br />or take aoy other legal action to protect it& right. Appraisement waived.
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<br />This. mortgage Iilhall 1>8 bindina upon and shall I'nUfl;~ to the ~neJit of the ht'jrs, exet:ut.ors, administ.rtlot.ors. suc-ces.sor1S and assigns o( the
<br />res~.tivi' 'putieR hereto.
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<br />IN WITNESS WHEftE9Y, ,aid Mortgago, S
<br />wrilhm /
<br />//C...../-;."i:,>./ /,.':,, ~/
<br />l'i'IC~EL T,f:'')lORPHY
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<br />hft ve hereunt.o ~et the,ir, hand -$ tht- day and year firf;l. aho\'t'
<br />~/1 , . ;"/7/' "
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