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79-- UU1~()~ f1P10RTC~~lGE
<br />THIS INDENTURE, made thie~ 4th day of Apiil l9 79, by and between
<br />Timothy L. Hali-and Mary L. Ha11, Husband. and Wife, each in his and her own right and
<br />as spouse of the other
<br />~ Hall County, Nebraska, as mortgagor S ,and Grand Island Trust Company of Grand Island, a corporation
<br />organved and e:istiag under the laws of Nebraska with its principal office and place of business at Grand Island, Nebraska, as mortgagee;
<br />W ITNESSETH: That said mortgagor _~_- ,for and in consideration of the sum of
<br />**Five Thousand Seven Hundred Thirt~r-seven and 95/100ths** Dollaralg -5.737.95 :. i.
<br />the receipt of wt4ch is hereby acknowledged, do - by these presents mortgage and warrant unto said mortgagee, i6s:auccesaRrs.apd.assigns,
<br />forever, all the following described real estate, situated in the County of ~ Hal l ' ' ~ ~ -'
<br />nod State of Nebraska. to-wit:
<br />Lot Two (2) in Block Three (3) in Schimmer's Addition
<br />to the City of Grand Island, Hall County, Nebraska.
<br />Together with all heating, air conditioning, lighting, and plumbing equipment and Cutures, including screens, awnings, storm windows and
<br />doors,.mti window shades or blinds, used on ~ in conneetian with said property. whether the snore are now Iocated on said property or hereafter
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<br />TO HAVE AND TO HOLD THE SAME, together with all and singniaz the tenements, hereditaments and appurtenances thereunto he-
<br />kargisg, or m agywiee appartainiag, Forever, sad warrant the title to the same. Said morgagor _~__ hereby covenant -with said
<br />atrutgagae that -~ be 3t Are , at the delivery hereof, the lawful owner S of the premises above conveyed and described.
<br />and are seized ~ • ~d a:d indef.,.aible estate of inheritance therein, free sad clear of all encumbrances, and that t 6eY~will
<br />wsnant and did the title thereto forever against the cleans and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, sad this iasttumeat is ezecuted end delivered to secure the payment of the sum of
<br />**Five Thousand Seven Hundred Thirty-seven and 95;100ths~~lg_ 5,737.45 i,
<br />with inteteet thereon, together with such chargaR and advances as may be due and payable to said mortgagee under the terms and conditions
<br />of the pmmisamy note of earn date herewith ami secured hereby, esetuted by said morgagor " to said mortgagee, payable na ezpressed
<br />ID pid gate, sad to wears the perfmaunce of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />hsem by this eefarffice.
<br />_ It v the intention and ageeemeat of the partim hereto that this mortgage shall also secure any future advances made to said mortgagorS-
<br />bp said mmtgsgee, and any and all indebtedness is addition to the amount above stated which said mortgagors, or any of them, may owe to
<br />sad mortgagee, however evidenced, whetber by ante, book account or otherwise. This mortgage shall remain in full force and effect between
<br />the parties herdo sad they heirs, personal representatives. suarsaors end assigns. until all amounts secured hereunder. including future
<br />advances, ate paid in (nit with interest.
<br />The mottgagor~_ hexaby assign _ W said mortgagee ail rents and income arising at any sad all times form said property and
<br />hereby enthtaae said mortgagee or its agent. at its option, upon default, ifl take charge of said Property end =^!~xt e;l rears and income
<br />tfrarafrnm send apply the acme w the p~gyment of interest. principal. insurance premiums. toes. easessmmta. repairs or improvements
<br />neoeasary to keep acid property in tenantable oonditioa, or w other charges or payments provided for herein or in the note hereby sacurcd. This
<br />rent assignment shall eantinne in forts; untd the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manner
<br />prevent err retard.laid mortgagee is tlra collection of said sums by foreclasate or otherwise.
<br />The failrae ~ the esortgs~gee Eo assert say of its rights frereuader at any tune shell cot be construed u a waiver of its right to assert the
<br />same at say Eater time. and W insist aeon sad enforce strict compliance with all the terms and provisiarts of said note and of this mortgage.
<br />If said mattgagot g shall nose to be paid to said amtgagee the entire amount due it hereunder, sad under the terms and provisions
<br />~ and cots heedry aearted, incktdaag tatare advances, and any ertteanione or renewals thereof is accordance with the terms and provisions
<br />thereed, and H add martgagar~__ shall mmpjy with aU the provfamna of said irate and of this mortgage, bran these presents shall be void;
<br />etLawise to remain in fag foroeaml dlset, aed said mottgagm shall he entitled w the possession of all of said property. and may. at its option.
<br />dedns the whets ~ said cote sad all fndebtedose represented tbeeeby to be immediately doe sad payable, a~ may foreclose this awrtgege
<br />err Ldte my other kcal action to protect its right. Apptaisemeat waived. -
<br />- This mortsags shall be binding ugon send abeU name to the benefit d the hairs, ezecutota, adminiatretore, sucomema a~ assigns of the
<br />respective pectins harato. }
<br />IN WI7'N~ .yyHEA$(?F, odd Mottgagor_3_ ha a hereunto cet~iteir hand _~_the day and year first above
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