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<br />78-~ ~ ~ ~ ~ ~~~~a~~~ <br />'3`filS IAII3ENTLIR£, tootle this 29th ~y ~ November , 19 ~~„ by and- between <br />Knb~rt 7.: Ti`mb~nhaiaer dud Thelma-l3: Umbenhawer,~aaasband and wife.,~ach in his and_.h~ own <br />right and as spouse of the other, <br />~ _ E3a1i ~n~r<y, Nslxrsalra. as mortgagor & ,and Grand Islenrl Tmst Company of Grand Iat~, a oarpmatiois <br />otgaaized sad existing uad~ the-taws of Nebraska with its peiarKpal office and Pace of hnsirass at^.rraad IPlaad, N€braaka, as sSgages; <br />WITZIESSFT.ri: - -That eakl martgagor_~_ . far amd in eottairleration of the sum of <br />ml. mil, ~a~Ft ght~~vz~4nd nn t ~ flf1 T=~= - - - - BaLera is 3;?)s31t i EIO i. <br />the eaeeiPt of which is hereby aekswwiedged, do - by rheas presents mortgage and warrant aura said pmrtgagee: its srrcrBaeora and assigns. <br />forever, sit the fallowing described rent estate, situated is the County of flat i <br />e*~ S~~ of Ne_~rastsa: f. wet: <br />The Southerly One-Ralf (S'i:) of Lots one (1) and Two (2), in Bioek Twelve (12), <br />in t§rnold and Abbott's Addition to the Czty of Grand Island, Halt Couutg, <br />Nebraska. <br />Toasciszr with a}i lz~tias, .^:° ~~ nditionins, iigb~_ing, acrd Plumbirsg equipment and fixtures. inclrsding screens, awnings. storm wiadavea and <br />edoara, and window shades atblinds, ~ on or in eorrsrrttion with said property, whether the earns are now located on ~ property or hereafter <br />p=ac+ad thereon. <br />TLT 1-IAYE .1NI5 Tti ISflLD TiiE ~uAAf£: togetFxx with all and singular c#a~ tc+narnenu, herexldtarr+~srs sad app thettarato irr: <br />kfngir,g. ar in anyrv'tse appertaining. #aro;ter. rid warrant the tattle to t1~ Said morgagor._S-herby mvennnt-...with said <br />that..-L fa?yT...~2rP , at the delivery hereof, the 2s+cfa2 owner~._. of the premivae above coavepod sad deacrtbed, <br />sad P.rp seized of a good anti indefeasible estate of inheritance Lheteia, free and clear of alt eacs~braacea. and that_tSse~Lwill - <br />war~s-as ara#d' ~ ttis t..a Q:.a f~~.~ oaala3t the e',; :. -?~z-.arrl.; sf _Il ~~ wlr.2x_~nv~. <br />PRiSV Il3£Il Al.li'AYS, and this instrument is executed ant! deliver~i to secure the payrsrent of the ssrm of - <br />Thrr a T}}~S:r~rara~l F~hty Four ~nd no / 1 OO - - -_ - - - - - - - Dollars ss 4.OR4 -fiQ 1, - <br />with inteeeat thermn. to~getlrsr with such charges and advances as may be due and payable to ae~ mortgagee ostler the terms and mae#itiass- - - <br />af tAra Promissory Hate of even date herewith and secured hereby, executed by said mortgagor _~_ to said r~rtgagee, payablm as expieased <br />ire said rm4e, sad to secure the p~forrnanw of ell the terms and conditiana coatnined therein. The terms of said note era hereby iooorporated <br />Issraia by this refiaaace. <br />IL is the intention and agramment of rho partsas borers that Lhis mortgage shall aL•a assure any future advaac~s made W r~ mortgagor S <br />by.said mortgagee. and say and all indebtedness is adtlitioa to the amount above stated which sad mnrigagors, or say of thews. may owe to <br />amid moY~agee, however evidenoetl, whether by eta, beak accorrat or aLharwise. This mortgage shall ramps in fuIl force and effect between <br />'~~.,s pap€~ b~reS~ and «~~= hobs, ~rsoaal rapresent~tivas, successors sad assigns. until all amonats secured hereandet, including ferrate - <br />advancaa, are paid in fuL' with interest. <br />The mar2gagor_,,s__ hereby assign _iq said maY,,gagee all rents and iarnme arising at any and all tima8 from said propEaty sad <br />hsraby authorize said xmrLgagae or its ant, at iY.a aptiaa, upon default, W take charge of sari paaPsztp amt txstte=t ail rants sad income <br />tlr~attaza end apply #lre name to the payn^rat of intermit. Principal, irrarteanae pteffiiuma,.t~a~~,-. ts, repairs-tar improvea~rtts - <br />aeteassary to keep said property in tenantable condition, or to other charges or payments provided Sur herein of-ia the note hereby secutad. This <br />rttst assegnraant shall caatinueia-forte rmLil the unpaid balance of said note is fully paid. The taslci&g of paaseasian heresrn2~ shalt in rro-manner <br />prevwL ~-retard sand mortgagee ia. tics ealleet4on trf acrd sums. b~, toreelosure ra o€hatwise. - - <br />The faihrte-o# the mortgagee to assert say of its rights hereunder at anq lima shall not be cuaetruad as a waiver of its right to assert the - <br />same at say later'. time: sad to inaigt upon sad enforce strict rwmplianc~e with all the terms and pravssioas of said ~ and of this r~iigage. <br />1f -.u:.~-tfsoaur S shall ca'osa €a ha paid to sold rmztgegea tiro eatira amount due it hereunder, asd under the terms and provisions <br />of said Hate h~t9 sea;ttfred, iat3udirtg future advareas. sad any extensions az renewals theretrf in accacdance with rite tazms asd pravisiaas <br />tharrxd, a~ if acid mortgagor ~ ahaU txrmply wins all rho Pravis~i<sns of said Hate and of this:ate: than tTmse preaerrts shall be void: <br />otharwf~ to remain ins fuH ~rce a~ effect, anrisaid mortgagee shall be ernit3t'd tri the poeaessios of sU of said property, and map; ~ its_aptian, <br />berlare the wha~o€ aeidmte and aII represaateid tlieteiiy to hs immetllately due and payable, and-Taal' farrxiose tfiis mortgage <br />sir rate airy rstlie ~Sa? action to preteu its right: Ftippraisement waived: <br />Thia mort~aga shalt ~ binding open end shall enure to the benefit of the ham, nxecrrWrs, ailministrstrna, sncasasora and assigns of the <br />reapeestivepattses her+eiw: - - ~ - _ ~ - ~ ~ - - - - <br />~Ilit l+k1TI~£!sS 1R'If£RE6h'; said ~tfostgagor g lea ._ Ireieuato sat thF~r__ panel r~:'- the day -sad year first abrrve <br />written: .. - - - f. ~ , <br />tr^rt.-.._.-. <br />o rt~ m yen ~ <br />~ f <br />Pa ice ,~,~ 1.-".~."~-->~-~~'~'"t>-~• <br />~e3ma M. Uz~benhower <br />