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<br />MORTGAGE 82---fj04g01
<br />THIS INDENTURE, made tf»s._. _i5th _ _,__, day of ~._. NoVembeY _ Is $?_ by and between
<br />MARTYN J. SHUNKWILER AND JANET L. SHUNKWILER, HUSBAND AND-WIFE
<br />of Hall County, Nebraska, as mortgagor s _~, and Home Federal Savings and Loan Association of Grand Island, a corpora[ian
<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 />tortgagee; - .
<br />WITNtiSSETH: That said mortgagor S ,for and inconsideration of the sum of FIVE THOUSAND TWO HUNDRED -
<br />DOLLARS AND NO/100 -----------------------------------
<br />-_______ _ _Doilars fE 5 200.00 _1,
<br />the receipt of which is hereby acknowledged, do..._____-_ by these presents mortgage and warrant unto said mortgagee, its successors and assigns,
<br />forever, all the following described real state, situated in the County of ._._ AAT T _______
<br />and State of Nebraska, to-wit:
<br />THE NORTHERLY FIFTY ONE (51) FEET OF LOT FIVE (5), IN FRACTIONAL BLOCK TWENTY ONE
<br />(21), OF PALMER'S SUBDIVISION OF LOT NUMBER SEVEN (7) OF THE COUNTY SUBDIVISION
<br />OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION NUMBER SLXTEEN {16)
<br />IN TOWNSHIP NUMBER ELEVEN (11) NORTH OF RANGE NUMBER NINE (9) 1JEST OF THE
<br />6TH P.M., IN GRAND ISLAND, HALL COUNTY; NEBRASKA.
<br />Together with all heating, air conditioning, lightittg, and plumbing equipment and fixtures. including screens, awnings. storm windows and
<br />doors, and window shades or blinds, used on or in mnnetuon with said properly, whether [he same are now located nn said property or hereafter
<br />placed thereon. _
<br />TO HAVE AND TO HOLD THF. SAME, [ogethor with all and singular the tenements, hereditamenGs and appurtenances thereunto be-
<br />longing, or N anywise appertaining, Forever, and warrant the title to the same. Said mor{,vgor_S__ hereby covenant.__. _. with said
<br />mortgagee [hat _t he X-.... . 3L2-_ - , at the delivery hermf, the Iaw{u! owner S, of Lhe premises above convovtd and described.
<br />and _....a.=.~ ...seized of a good end indefensible estate of inheritance therein, free and clear of all encumbrances, and that __t. he 3t .will
<br />warrant and defend the title thereto forever against the claims artd demands of all persons whomsoever.
<br />PROV l DED At.W AYS, and this instrument is executed nail delivertd ut secure the payment of the sum of _FS.VE.. THOiiSAND_______
<br />_TUIQ_HUNDRED._D93.1,ARS_9ND__.NQ/..100_------•~----------"-- Dnllarsls_. $.,,200-.D.Q... _ _.._ -._... 1.
<br />with interest hereon, together with such charges nail advances as may be due sod payable to said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith and secured hereby. executed by said mortgagor _S._ - ur said mortgagee. payable as ezpre_ ad
<br />in said torte, and to secure the per[artnance of all the terms end conditions comainad tF.orein, The terms 4f .said noie ere hereby ineorpnrated
<br />herein by this reference.
<br />it is the intention and agreement of the ponies hereto chat this mongege shall also secure any tuwre advances made to said mor[gagorg_..
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors, or any of [hem, muy nwe Ut
<br />said mortgagee, however evidenced, whether by note, book eccaum or otherwise. 'Phis mortgage shall rernain in full force and effect betwetm
<br />[be parties hereto and their heirs, personal representatives, successors and assigns, until all amounts se[:ureti hereunder, including futun•
<br />advances, are paid ip fuL' with interest.
<br />The mortgagor __ S hereby assign.,.. _-. to said mortgagee all rents and income arising at any and all times from said properly and
<br />hereby authorae said mortgagee or its agent, at its option, upon default, w take charge of said property and collect all rents and income
<br />therefrom nail apply the same to the pay mom of interest, principal, insurance premiums, razes, assessments, repairs or improvements
<br />tteemsary w keep said properly in tensntabk condition, or to other chacges or payments provided far herein or in the. note hereby secured. 't'his
<br />rent assignmoat shall continue in force until the unpaid balance of said Hots is fully paid. 'Phe taking of possession hereunder shut) in no mariner
<br />prevestt or retard said [mttgagee t4 the inflection of said sums by foreclosure or otherwise.
<br />- Tbe failure of the mortgagee m assert any of its rights hereunder at any time shall sal he construed as a waiver of t[s right to assert the
<br />same at any later time, and to insist upon and anferce -strict compliance with stl [he terms and provisions of said note ttnd of this morLgaKe.
<br />if said tortgagor g shat} causa W be paid w said mortgagee the entire amount due it hereunder, and under the terms and provisions
<br />of saai note hereby secured, inchtdittg forum advances, nml any extensions or re!nowels thereof in accordance with the-tern[: and provisions
<br />tharaof, soil i( eatd mortgagor-S--... stun comply with all the provraiprts of said nate.and of this mortgage, [hen these presents sh831 be void:
<br />otbeetrisa to laaoain inn hell foam and effect, n9d acid mortgagee yhatl he untitled to rho possesnion ofal{ of a-aid property', and may, at its option.
<br />dee4re the witde of said cote and sit indebtedrteas mpreyanled thereby tc: he i•runadiately due attd payable, ae.,-'. maY fnmchxxt thin rtutngagc
<br />ar [aka any other legal action to protsct ifs tight. Apprtiaetrwnt waivtxl. -
<br />_ This ayrrtgaga shaA fat binding upon amt shall anum to thn herad'it of the heirs, axe vtars, administrators, succns.^.ars and assigns of the
<br />raepeetiva'pattiea hsreta. - - - _ -
<br />tN WtTNF,Si Wii1;R~:t)F, said Mortgagor H.._ .. he VE, hatxaanW sot C11¢;1Y .. hand gha day and yaar [first above
<br />/i ~ ~ ~ ~.. t t '}
<br />MAR Nl,l. SHt}NKFIILER JANET L. SHUNKWILi:et
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