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<br />84 - 005636
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<br />MORTGAGE
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<br />THIS INDENTURE, "",de this_____lilll:J_ day of ---.lli;:tQber ____________, 198.4__ by and between
<br />GUADALUPE E. MARTINEI_ANQ ROSIE B. MARTINEZ, HUSBAND AND WIFE
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<br />of Ha 11 County, Nebraska. as mortgagor ~_. 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;
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<br />FOUR THOUSAND FIFTEEN DOllARS
<br />IloUars(S 4;01:5.00 ),
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<br />WITNESSETH: That said mortgagor S . for and in consideration of the sum of
<br />AND NO/lOO --------------------------------------
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<br />the receipt of which is hereby acknowledged, do
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<br />by these presents mortgage and w8naDt unto~~-~OJ1:paee,Jts'~rs and ~
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<br />forever. all the following described real estate. situated in the County of
<br />and State of Nebraska. to.wjt:
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<br />Hall
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<br />LOT SEVENTEEN (17), IN WESTERN HEIGHTS SECOND SUBDIVISION, HALL COUNTY,
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<br />NEBRASKA.
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<br />Together with all heating, air conditioning. lighting, o.nd plumbing equipment and fIXtures. including screens, awnings. stann 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.
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<br />TO HA VE AND TO HOLD THE SAME, together with aU and singular the tenements. hereditaments and appurtenances thereunto be.
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<br />longjng. or in aoywbe appenaining, fOrever. a~d warrant the title to the same. Said morgagor's__,_ ' hereby covenant ____.._ with said
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<br />mortgagee that t heY__ a.r~_ , at the delivery hereof. the lawful owneLS _ of the premises above conveyed and described.
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<br />~d__are._ seized of a good and indefeasible estate of inheritance therein, free and dear of all encumbrances. and thaL_--t-hey-..... will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.
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<br />PROVIDED AL W A )'S, and this instrument is executed and delivered to secure the payment of the sum of.. __
<br />_~_ ___EilURTliOUSlllillElfITEN.._DOLLARS AND_llOt-1QQ_'O~-='O~~",_ DuU.rs IS --4015..00----1.
<br />with interest thereon, together with such charges and udvam--es as may be due and payable to said mortgagee under the terms and conditions
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<br />of the promissory note of even date herewith and sa'urftl hereby, executed b)' said mort.gagor ._.5...... to said mortgagee, payable as expressed
<br />in said note. and to secure the performant"e of all the terms and conditions contained tht:re-in. The terms of said note are hereby incorporated
<br />herein by this reference,
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<br />I t is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor _s...-
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<br />by said mortgagee, and any and all indebtedness in addition to the amount 8bov~ stated which said mortgagors, or any of them. may owe to
<br />said mortgagee, howt"ver evidenced, whether by nOll', book account or otherwise. This mortgage shaU remain in full force and effect between
<br />the Varties hereto and their heirs. personal representallv~s, SUl'cessors and assigns, until aU amounts secured hereunder. including futurt"
<br />advances. are paid in full with intR.-rest,
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<br />The mongagor _.s.-- hereby assign ____ to said morlgagf'la aU rents and income arisi.'g at any and all times from said property and
<br />hereby authorize said mortgagee or its agent, at its option, upon default, to take charge of said property and collect 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 to other charges or payments provided for herein Ol' in the note hereby secured. Thts
<br />rent assignment shalll..'ontinue in force until the unpaid balance of said not-e is fully paid. The taking of pos.~ession hereunder shall in no manm~r
<br />prevent 01" retard said mortgagee in the collection of said sums by foredosun~ or otherwise.
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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 to asseft\ the
<br />same at any iater time. and to insist upon and enforce strict ,:ompliam::e with aU the terms and provisi(lns of said note and of t.his mortgage.
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<br />If said mortgagorS shall cause to be paid to said Ini.:/rtgagee the entire amount due it hereunder, and under the terms and provisions
<br />of said note hereb,)" secured. including future advances. and any extensions or renewals thereof in accordance wit.h the terms and provi.qions
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<br />thenJof. and if said mortgagor ~mS- shall comply with all the provisions of said note and of this mortgage, then these presents shaH he void:
<br />otherwise to remain in full force and effect, and said mortgagee shall be entitled. to the possession of all of said property, and may, at its opt.ion,
<br />declare the whole of said note sod all indebtedness represented thereb)' to be immediately due and payable. and may foreclose thi.<l mortgage.'
<br />Of take any other legal action to protect its right. Appralliement wwved.
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<br />This mortgage shall be binding upon and shall enurt' to th{> benefit of the h~irs. eXt.'Cutors, adminislrators, successors aud Msigns of tht!
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<br />=;'e..hj~~ _d MO.rt~r.. ",5.. h. ve h.,.unw set thei r hand S_ tb. day nlld year n,,, nhove
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<br />{-' LljplE:~,Ui~~/IAj~rc) LiiwsYE {)MAJ~1il~i
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