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<br />7~_ ~U.I~S~`7 ~AORTGA~E
<br />THIS INDENTURE, made this 4th d,y of April ~ f9 7g by and between
<br />Kathalvn .T. Grasmick, an unmarried person,. ___
<br />of Hall County, Nebraska, as mortgagor-, and Grand Island Trust Company of Grand Island, a corporation
<br />orfteaired end existing under the laws of Nebraska with its principal office and place of business at Grend Island, Nebraska, es mortgagce;
<br />WITNESSETH: That saidmortgagor-- ,for and in conideretion of the sum of _
<br />Ten Thousand Fifteen and no/i00 - - - - - - - - - - - - - - Dollarslg---- 10 O15~q 1,
<br />the receipt of which ie hereby ackrwwledged, do _~_ by these presents mortgage and warrant unto said mortgagee, its successors end assigns,
<br />forever, all the following described real estate, situated in the County of _ Hall
<br />sad State of Nebraska, to-wit:
<br />Lot Nineteen (19), Westwood Park Subdivision, Hall County, Nebraska.
<br />Together with ell heating, air condetioaing, lighting, and plumbing equipment and fuctures, including screens, awnings, storm windows and
<br />doors, sad window shades or blinds, used on or is connection with said property, whether the same are now kxated on said property or hereafter
<br />P 4 2
<br />TO HAVE AND TQ HOLD THE SAME, together with all end singular the tenements, hereditaments and appurtetraneea ther~rnto be-
<br />karging, or in agvwisa appertaining, forever, and warren[ Lhe title ro the same. Said morgegor ~ hereby covenant _S_ with said
<br />-mortgagee that _8 he is , at the delivery hereof, the lawful owner- of the premises above conveyed and described,
<br />and j,s _seized of a good and iadeteesrble estate of inheritance therein, free and clear of all encumbrances, sad that_.S_he_wi}I
<br />warraaL sad de£ead the Lille Lbereto forever against Lhe claims sad demands of all persons whomsoee~er.
<br />PRO{/IDED ALWAYS, and this +~+*~~+++~* is executed and delivered to secure the payment of the sum of
<br />Twn Thnncand Fi f taus and n0~ t QQ - - - - - - - - - - - - Dollaw 1E l,Q,.iIJ 4 OQ 1,
<br />with intern[ thereon, together with stub charges sad advances as may be due and payable to said mortgagee uruler the terms sad conditions
<br />of the promissory note of even date herewith and secured hereby. executed by said mortgagor - w said mortgagee. payable as ezpresaed
<br />in said note. sad to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby irrxporated
<br />hsein by this refeeatt.
<br />Ito the+!rter^.~ sad egretaneat of the peRiea bteeto that thta mortgage shall also serare any future advances made W acid awrtgagor-
<br />by said mortgagee, sad any sad all iodebtedaess in addition to the amount above stated which said mortgagors, or any of them. may owe to
<br />said mortgagee. however evidmosd, whether by cote, book account or otherwise. This mortgage shall remain is foil force end effect between
<br />the parts hereto sad theQ heirs. peraoral representatives, successors and assigns. until all amounts secured hereunder, including future
<br />advaaue, m paid is fnL' with interest.
<br />The nwetgagor_ hereby assign s to said mortgagee all rents and income arising et fioy and all times from said property and
<br />hereby suthorire acid maztgagee err its agem. at its optiaa, upon default, to take charge of saw property and collect all rents and income
<br />therdzam sad apply the acme us the payment of imerest, principal, insurance premiums, La:ea, assessments. repairs or improvements
<br />aeeaary to keep nand property in temautable onadition, or to other charges or payments provided for herein err is the note hereby secured. This
<br />rant aaeignmmt shall coatimre in force mtal the unpaid baLace of said note is fully paid. The teldag of possession hereunder shaA in no manner
<br />prevent or retard said mortgagee is the ool{ecNoa ad said sums 6y foreclosure or otherwise.
<br />The failure of the mortgagee ro assert say of ire rights hereunder st any time shell not be construed n a waiver of its right to assert the
<br />same at say titer time, and to insist upon and enforce strict compliance with ell the terms end provision of said note and of this mortgage.
<br />If said mtxtgegor shall cause to be paid w said mortgages the entire amount due it hereunder, and under the terms and provisions
<br />of said cote hereby severed, iaeludtag future ada~, and any e:uaaion or renewals thereof in aanrdance with the terms and provisions
<br />thrasof, sad if said mort;agnr-aha& wmply with afl the provfaiona of said cote and of thin mortgage, then these preaeate shall be void:
<br />atherrv3ee to ramamr fn f~ fortx sad eHeet, a~ said mortgagee shtA be entrtlad W the possession of all of said property, sad may, at its option.
<br />dedrse the whob of said cote and ell iodsboadrbm :rspesentod thereby to be immsdietely due and payable:, and may forecleiae this mortgage
<br />err take any other legal ectlan to protect. eta right. Appraiaemsat waived.
<br />This moe shalt be bmdiog nP® sad shall tame to the benefit of the baits. ezewiore. adtninistrator9, eucaesore sad assigns of the
<br />reepecti~ve pat#ies haeto.
<br />IH WI'TNESS WH£REOIr, sod INortgagar- he 9 hara,ato ~, her ha~_. the day and yearifirst above
<br />wrhteir.
<br />Kathalyn J. Grasm ck
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