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79®~~t.~~~~4 IVI~Ei1'GACaE
<br />March 29 79 ., by end between
<br />THIS INDENTURE, made this- i9th day of .._ -
<br />Donald D. Deitchler and Marvelyn I. DeitcT4ler, husband and wife, each in his and her
<br />own right and as spouse of the other, _
<br />of Hall Comity, Nebraska, ea mortgagor 9 ,and Grand Island Trust Company of Grand Island, a corporation
<br />organized and ezlstireg under the laws of Nebraska with its principal office and place of business at Greed island, Nebraska, as mortgagee;
<br />WITNESSETH: That said mortgagor ~_ ,for and Inconsideration of the sum of 7~~
<br />Twnl va Thnrygancl 'lhi rt'arrr and nn/ 1 flfl - - - -- - - - - - - - - - Dollars i$..-1.Z.ss{I.~. ~b ~ 1.
<br />the receipt of which is hereby acimowledgad, do ..~ by these presents mortgage and warrant unto said mortgagee, it9'~successors, aiid asa{gna.
<br />forever. all the fallowing described real estate, situated in the County of -____- Hall
<br />and State of Nebraska. to-wic:
<br />Lot Five (5) in Block One (1) in Pleasant View Addition to the City of
<br />Grand Island, Hall County, Nebraska.
<br />To~tl~ xith all teesting, air conditioning, ligietiag. and plumbing equigment and features, including screens. awnings, alarm wiadowa and
<br />doors, and windox shades or blinds, used on or in connection with said property, whether the same am now Located on said property or ttereafier
<br />plauad thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with au and ssngular the tenements, herediiaments sad appurteaances thereunto fx-
<br />kmgiag, or in anywise appertaining, forever, and warrant the title m the same. Said morgagor 9 hereby covenant _____ with said
<br />mortgagee that _~._ he ~ a ra ~, at the delivery hereof, the lawful owner- of the premises above conveyed and described,
<br />and are seized of a good and indefeasible estate of inheritsace therein, free and clear of aIl encumbrances, and that t he~wilt
<br />warrant and defend the t3t3e therem forever ageless the claims and demands of all persons whomsoever.
<br />PROV iDEil ALWAYS, and this inatru~nt is eat~rrted and delivered to secure the payment of the sum of -
<br />Twelve Thousand Thirteen and no/100 - _ _ _ _ _ _ _ _ ~ Doilarsls 12,013.00 1,
<br />with interest thereon, together with such charges and advances as may be due and payable to said mortgagee under the terms and rnnditions
<br />of the promissory note of even date herewith and secured hereby. eaecuted by said mortgagor 3 to said mortgagee, payable as expressed
<br />'n said note, and to su~ute the performance of all the terms and conditions wntained therein. The terms of said note are hereby incorporated
<br />herein by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shell also secure any future advances made to said mortgagor s
<br />by acid mortgagee, and any and all indebtedness in additson to the amount above stated whicL said mortgagors. or any of them. may owe to
<br />said mortgagee. however evidenced, whether by no[e, book account or otherwise. This mortgage shall remain in fall force and effect between
<br />the parties hereto and their hairs, personal represenistives, auceessors and assigns. until all amounts secured hereunder, including future
<br />advances, ere paid in fuL' with interest.
<br />The mortgagor.g_ hereby aeaign ^. to said mortgagee all rents and i~ome arising at anp and all times from said property and
<br />hereby authorize said mortgagee or its agent, at its option, upon default, Co take charge of said property and collect all rents and income
<br />tfrxefmm and apply the same to LPte payment of interest, Principal, insurance premiums, tease. aesessmenta, repairs or'mprovernents
<br />necessary Lo keep said property in tenantable condition, or to other ebsrges or payments provided for herein or in the note hereby secured. This
<br />teat assignment shall continue in force until the unpaid balance of saki note is fully paid. 't`he taking of possession hereunder sf~all in rto maaaer
<br />prevent ar retard aattl mortgagee i$ tbe collection of said sums by foreclosure ~ atherwiae.
<br />T'he failure of the mortgagee m assert any of eta rights iaoanader at any time shall ant be constraed as a waiver of its right to assert the
<br />same at any later time. sad to insist agon and enforce strict rnmpliance with a!! the terms and provisions of said note and of this mortgage.
<br />If said mortgagor 5 shall cause to be paid to sad mortgagee the entire amount dos it l~reunder, and un_~ the terms and provisions
<br />of said-rote hereby encored. inchding future advar>ces, and say eateneions or renewals thereof is axordaacs with the terms and provisions
<br />.-thereof, and if aaxl mortgagor _$- ahaB comply with a13 the provisions of said note and of this mortgage, then these presents chaff }ee void:
<br />ottserwl~ to xemafa is full force and effect. and saint mortgagee shell be eatitied to the possession of ell of said property. s~ may, at fts option.
<br />declam the whole ofasid noDe end ell indebtedness repxeeented Ll~reby to be immediately due e~ payable, and may foreclose-this mortgage
<br />or take ar>.y othst Iagal action to protect eta right. Appreisement waived.
<br />This motYgage-shall be heeding-open and shall enure to the freaefft of the heirs, eaerxrtors, administrators, successors and assigns of the
<br />respatY.fve party hereto: - - -
<br />II+l WITNESS WHEREf)F, said Aiortgagor ~ lea v0 hereunto set - t}reir= hand 9 the day and year first above
<br />written. - - ~'` l ~J
<br />Cr ~ 1 ~i, Y Q,'t r
<br />-~ D nald D. etc r /~p/~-
<br />re yn eltC er
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