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<br />MORTGAGE
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<br />84 - 006039
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<br />T!HS !NDENTUF-E. ~ ~~__
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<br />.30tb.____ __ ~___ day of
<br />
<br />nrtnh1=lr
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<br />_____, 19 -1lA by and between
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<br />ICDOV
<br />....1,..,.1\111
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<br />L. S~CHULTZ_,,~j~NO lINELL__S.C.YULTZ, HU.5BaNQ_RND il/TFF
<br />
<br />of HAll Coonty, Nebraska, '" morrpgor $_, and Home f<deral Savings and Loan Association of Grand IsIanlI. a corporat'.on
<br />organized and ens-ting under- the. iaw~ of it\: ~..ite= St:H= cf A.m:~l!:9. ~!h j!;,; p!i~ci~ !!-f!1<::~' a.'!4 ~~ Qf ts!.1S.~," !I C..rand Warid, Nebra&k& as
<br />mortgagee;
<br />
<br />WITNESSETH: That said mortgagor -S---.-. for and in conside:ration of the sum of
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<br />;:nRTY THnllSANn AMnNn,lmn____
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<br />tht' reccipt of which is hereby ackoowledged~ do ~_ by these presents mortgage and warraRt-uiw):s8idJilQOgaga.i'4s'~rs and.:~
<br />
<br />forever. all tfir following described real estale, situated in the County of
<br />and State of Nebraska. to.wit;
<br />
<br />HALL
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<br />LOT THIRTEEN (13), BLOCK TWO (2), IN SOUTHERN ACRES ADDITION TO THE CITY OF
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<br />
<br />GRANO ISLAND, HALL COUNTY, NEBRASKA
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<br />Together with AU Dt--flt.lng, aIr condillOning, tightinR. and plumbing equipment and fixtures. including screens, ewninpt storm windcJws-and:
<br />doore. B-T!d w!ndQv-' ~h.ades or blinds, used: on or in connKtlOn with !Jaid property, whether the same are now located-on said property Of hereafter
<br />placed thereon.
<br />
<br />TO HA VE AND TO HOLD THE SAME. "'geth", with all and .ingular ~he "'.....nts, hereditaments and appurtena"""" thereunto be-
<br />
<br />longing. or in an}"Wlse a:ppertaining. iorover. and WWTWll tOO title 00 the same. Said morgagor -S----hereby covenant ~~ with :uid-
<br />
<br />mortgagee lhat _ _ t he _~__> .are_. l;lt t.he delIvery herroL the lawful owner --5----- of the premises Ilbove conveyed and c:Iescribed.-
<br />
<br />and ,__~.r~ ~~ !.lei .!! g~ !l.OO indefeasible et;late of inheritance therein. free and cI..,. of all encumbranee:s. and that....i-he~ will
<br />warrant and defend the title th~reto (orever against the claims and demands of all persons whotn5OeVer.
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<br />PROVlDBD ALW A YS, and this utll~rument i. executffl and delivered to """"'" ~he payment of the.um of _. FORTY THOUSAND AND
<br />ND/lOO------- ------------------ -- - ----------------------- DoUarsiL__Ll.O .000.00. I,
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<br />with interest thereon. together Wll-h $w.:h chat'Ke8 und advBnces as may be due and payable to said mort~ under the te.n:ns- and conditions
<br />
<br />of the promissory note of even date oorewith I.lnd 'M'Cun'tl hereby. executed by said mortgagor J:?__ to wd mortgagee~ payable as e1~'
<br />in said. note. and to secure the pNformance -of all the terms md condition! contained therein. The terms of said ~ are hereby mcorponued
<br />herein by this ref"",ace.
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<br />I~ "' the intention and _~ of the partJBO hereto th.t this mortgtlge ahallalao _0"' any future advaneea made to .aid 1!lOItgajJOr_
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<br />by sam morttl'&gee. and any and all indebtedness in addition to the amount above StBted whicit Mid mortgagors, or any of theJD~ may- ~ to
<br />~ mortgagee. ho.ever evidenced, whether by note. boclk accounl or oth~ise, Thi!. mortg.llg'e shall ~ in full forte and effeet between
<br />tbe parties hereto and their heirs. personal t'epresmtatives. !:J:UCCe8lKJrs and assigns. until aU amounts secured lw,reunder. including futurt'
<br />advanee!l, are- paid in full wltb mtere.sL
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<br />The rnort.g:agor __s- hereby assign LQ ~a1d tfwft~, all rents iUid ir.come arisi.~ at ;;ny and all tir'..es from said property- and
<br />hereby authorize said mort.g:agee or it..~ &genl, at its option. upon de-fault. l-o take cha.rgt' of said property and eoU.ect' all rents and income
<br />~ t\oo lIppiy the same to t.he payment of interest. principal. insUf'fUlCt: premiumB. taxes, assessments. repeirs Of improvements
<br />-..y 10 *- aid property in ........table <OOdttion, or to oU- charges or paymenlO providedl<>r herein tli' in the D<>te ~.ercby ~, This
<br />tY'r-,J. us~gn..'lle!lt ahail (-ontinue in force until the unpaid baJa.nce of said note is fully paid. Tbe taking of p6:8t1e'SSion hereunder shall in no manner
<br />prevent or retard said mortgagee in the oollec:tion of sa.id !:1UIDS by foreclosure or olht'.rwise.
<br />
<br />The failure of ~he ~ l<> assert any of its rigMa hereurtder at any ~im. .hall not he const:!1J<ld... awaiv... of j\O rfgbuo """"""thee
<br />san. .t any later time. and to msi!tt. upon and enfo.ree .sl;rtrt c-Owpiiitnce- with aU the terlml and provisioms of said note and of this mortg.age.
<br />
<br />If !&aid lOOi'-t-pgor S "hajj QlUSU W u.: jitljd w ~lct iiiVrt~-uij~ tho" ~ti...""i:: w~..::~t due ~l hereunder, and under the tenns and provis.ions
<br />!Jf Hid QOf.e Denby ~. incLuding future adv~. and any e~teMioM or renewals t.hereof in accordance- with the terms and provisions-
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<br />th<<eof. and if Mid mort..p&Or .\?__ ,-ball comply with all the J1fflVlSions of 8&ld notf' and of this mortgage. then theae preeettt.8 shall be void:
<br />otllonrioe to-w iDfulI foroeand elfec:t, andll&Jd ttlOt'\.gal!eo .hall;,.. enutled to the po._'Ii<>n of all of said property, and may..~ it.s option,
<br />~ thoo .... of Mid note and ail indobIlOd1loH n>preaen<ed thereby to he iromedllltely do" iWd payable, and may f""",w.. tbi$ murtgage
<br />=' ~ a.e~ ~_~ ~!!, ~ ta pmI.8ct ita right.. A~nt waived.
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<br />'fl-..# ~ $f<.....u. "" b~ upon. and shall ~ t-o the oo-nt'lfit of t.he lu-.i.rs. uocut.uf's. sdminitttratOffl. ~~llK.lr~ and UtHgrw of the-
<br />_1"'e.~h""""
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<br />__,~.'2l1. .WIT.NESS WH.ERt1>l'" ........, M..."". _0<,,<;
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<br />ha VH. iwn!ul\.to !!:!E'i thr-!.tr hand;.3 tht> (lay and yQl' fir1it- ilbov~
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