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<br />MORTGAGE 82- t3L~i5i~~~'
<br />THIS INDENTURE, nude this _..__ ___26th _.._.___ _ day of _._NoVembeT - __ _ -,_- _ . _ 19 ~2 by and between
<br />__ DONALD L. BUTTS AND_ BETTY R. BUTTSz,HUSBAND_ AND SdZFE_ ___ J-,
<br />of Hdll County, Nebraska, as mortgagor _ 3 ,and Home Federal Savings and Loan Association of Grand Island, a corporation
<br />organized and existing under [he laws of the Onited States of America with its principal office and place of business at Grand Island, Nebraska, as
<br />rnongagee;
<br />w1TNFSSETH: That said mortgagor s ,for and in consideration of the sum ot. TWELVE THOUSAND EIGHT HUNDRED
<br />SEVENTY SFTIFN DOTT.ARS AND NO/100 ----------------------- Dollarsf3~,2;77-00 },
<br />the receipt of which is hereby acknowledgeA, do by these presents mongagt anE warrantaniasaidmortgagee; itssuccessors and assigns,
<br />forever, all the following described real estate, situated in the Coumy of ___Na 7 1 _____
<br />and Stott of Nebraska, to-wit:
<br />LOT FOUR (4) IN BLOCK TWO (2) IN DALE ROUSH SUBDIVISION IN HALL COUNTY, NEBRASKA,.
<br />IN THE EAST HALF OF THE SOUTHWEST QUARTER (E'~SW%) OF SECTION FOURTEEN (14), TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P,M.
<br />Together with all heating, air conditioning, lighting. and plumbing equipment and fixtures. including screens, awnings, storm windows and
<br />doors, and window shades or blirtds, used on or in connection with said prolwtty, whether the same xre row locettvi nn said property nr hereafter
<br />placed thereon.
<br />TO HAVE ANll TO HOLD THE SAME, together with all arvd singular the tenements, hereditaments and appunenarces [hereunto be-
<br />longing, or in anywise appertaining, forever, and warrens the title to the same. tiaid morgagor S. hereby cevennnt with .~nid
<br />nortgagee Lhat _._.._C he-y_ -dLe . , at the delivery hereof, the lawful owner S _ of the premises above convened and described,
<br />and ___HLe_ . seized of a good and indefeasible estate of inheritance therein, free and clear of all eneumbrnnces, and that _. C hhr-... will
<br />warrant and defend the title thereto forever against the claiats and demands of alt persons whomsoever.
<br />PROV (DED ALWAYS, and this insirurrwnt is executed and delivered w secure the payment of the sum of .TWELV~_.TH4u~A~?-_.
<br />EIGHT HUNDRED SEVENTY SEVEN DOLLARS AND NO/100 -------mltersfa.12.877eQQ !-
<br />with interest thereon, together with such charges and advances es may be due xnd payable to said mortgagee under the Corms and conditons
<br />of the promissory note of even dale herewith and seruracl hereby, executed by ,aid mortgagor . S_ [u said mortgagee, pxyahle as expn.,.rvi
<br />in said Holz, and to secure the performance of all the terms and conditions contained therein. 7'he terms of said note ore hereby incorporated
<br />hernia by thin reference.
<br />It is the intention and agreement of the parties harem thx4 this mortgage shall also secure any future advances made M said mortKagor . g
<br />by said mortgagee, and any and all indebtedness in ndditimt to the mnount above sUrted whirl, said mortgagors. ar any of [hem, may owe to
<br />said mortgagee, however evidenced, whether by note, hwk necount or otherwise. This mortgage shall remain in full Sorer and effect betwr<m
<br />the parties hereto and their heirs, personal representatives, successors and asstgns, unit! all amounts secured hereunder, includiry; future
<br />advances, are paid in fuL' with interest.
<br />The mortgagor ~-._. hereby assign -_- to said mortgagee all rents and income nosing at any and a0 times from said property and
<br />hereby authorize said mortgagee or its agent, at its option, upon default. [o take charge of said property and collect all tone and income
<br />therefrom and apply the same Lo Che payment of interest, principah insurance pmmiums, taxes, assessmenL~, repairs or improvements
<br />necessary w keep said property in tenantable condition, or to other charges or payments provided for herein or in the note hereby stv:urrd. This
<br />rent assignment shell continue in force until the unpaid balance o[ said Wort u Fully paid. The taking of possession hereunder shall in nu manner
<br />prevent or retard said mottgegea in the collection of said sums by foreclosure or otherwise.
<br />Thu failure of the mortgegae to assert any of its rights hereunder at any time shall not be construed as a waiver of its right to a;uert the
<br />seine at any latzr time, and [o insist open earl eNorce stritt compliance with all the tear ti and provisions of said note artd of this mortgage.
<br />If aAid tno;tgagoc S shell cau@e to 6e paid w said morLgageu [he entire amount due rt hervundar, and under the teens and pnwismns
<br />of said rrote hereby secured, including fvture.advauces, and any exrzrsions or renx_wals thereat in accordance with the terms ;md provrsioas
<br />[hereof, and ff said mortgagor S -..shall rnmply with all the provisioms of said Hats and of this mortgage, then these presents shall he void:
<br />otherwise to remain in full fuzee amf effect, and said mortgagrx shat! tw entitled w the Iossession of s!i of said propr1CY. and maY-• ar its uptirm,
<br />declare 6he whole of said note and ell indebLeclness repmsented thereby to be immodieteiy due and payable, and may forzxluso this nwriKage
<br />or tzk!'say other legal action W Protect ity right. Appraiseutant waived.
<br />Tftfe-, mortgage shag be binding uywn and shwl enure to the benefit of the bona, aaecutors, administrators. >ucceswrs and assigns of the
<br />reappCtiYk p8l'trP.e Iterate.
<br />- --lhf, W.i FNESS WHEREOF. said-Mortgagor $_:. _ haVe_ hereunto set Chali.. _ hard S a-:. .rni year, first aiwve
<br />writtet{y..- - - -
<br />~') "' ( ..
<br />s,/ ._._-.d, ~w~"Q_ ,~jc'Lfrfr,c4-°"-c''t~
<br />D0~1' LD L. BUTTS BETTY R. BUTTS
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