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<br />THIS INDENTURE, made this-- 11th day of~_-_A'~ri~ ._.___---- ig 79
<br />--- -. by aar between
<br />Robert E. Ellin>itan and Annette M, Ellin>;ton, husband and wife, each in his and her own
<br />right and as spouse of the other,
<br />of Hall County, Nebraska, as mortgagor S. , and Grand Island Trust Company of Grand Island, s corporation
<br />organized and existing under the laws of Nebraska with its principal offax and place of business at Grand Island, Nebraska, as rncetgagee;
<br />WYTNESSETH: That said mortgagor 3 _ ,for and in consideration of the sum of ___-.~
<br />Ten Thousand and no/1Q0 - - - - - - - - - - - - - - - - - -~~~_ .,1(j.~~~_~"".'!.
<br />the receipt of which is hereby eeknowledged, do _ by these presents mortgage and warrant unto said mortgagee; its B9ota ti@d togas,
<br />forever, all the following described real estate, situated in the County of ____.___. ~._ Hall - - - ~ ~ ~ -- -
<br />and State of Nebraska, Lo-wit:
<br />Lot Seven (7), Bishop Heights Suhdivisian, located in Part of the Southwest
<br />Quarter of the Northwest Quarter (SW's NW's) of Section Eleven (il), Township
<br />Eleven (11) North, Range Ten (10), West of the Sixth (6th) P.M., in Hall County,
<br />Nebraska.
<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 blinds, used on or in connection with said property, whether the same are now located oa said property or hereafter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with ell end singular the tenements, hered~taments and appurteneocea thereunto be-
<br />krnging, or in anywise appertaining, forever, and warrant the title to the same. Said morgegor_S-hereby covenant-with said
<br />trartgagee that ____t__ he 3r a ra , at the delivery hereof, the lawful owner_;i_ of the premises above conveyed and deecn'bed,
<br />and -are seized of a good and indefeasible estate of inFreritarce therein, free and clear of all encumbrances, and that_t_._he~wili
<br />warrant s~ defend the title thereto forever against the claims end demands of all persona whomsoever.
<br />PROVIDED ALW AYS, and this instrument is eaecuted and delivered to secure the paymeaC of the sum of
<br />Ten Thousand and no11fl0 - - - - - - - - - - - - - - Dollatslg 10,000.00 1,
<br />with interest Lhsreon, together with such charges and advances es may ba due end payable w said mortgagee under the terms and conditions
<br />of tie promissory note of even date herewith and secured hereby, executed by said mortgagor _3_- to avid mortgagee, payable m expressed
<br />is said note, sad to secure the performance of all the terms and conditions contained therein. The terms of snid note are hereby incorporated
<br />hsrem by this reference.
<br />It ie the intention and agreement of the parties hereto Chet this mortgage shall also secure any future advances made tc said mortgagor
<br />by said mortgagee, and any end all iadebtednesa in addition to the amount above stated which said mortgagors, or any of them, may owe to
<br />mid mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage shall remain in full force and effect between
<br />the psrttee hereto end their heirs, personal repreaentativea, successors and assigns, until all amounts secured hereunder, including future
<br />advanoea, are paid in fuL' with interest.
<br />The mortgegor_5.._. hereby 88aign e to said mortgagee all rents and inrnme arising at any and all times from said property and
<br />hereby authorve said mortgagee or its agent, at its option, upon default. to take charge of said property and coped atl rents and income
<br />tfcurefrom sad apply the lama co the payment of interest, Principal, insurance premiums, taxes, assessments, repairs or improvements
<br />rreoaeeary to keep said property in tenantable condition, or to other charges or payments provided for herein ar in the note hereby secured. This
<br />rent assignment shall continue in force until the unpaid baluce of said note is fully paid. Tho felting of possession hereunder shall in no manner
<br />prevent or retard mid mortgagee in the colleetioa of said sums by foreclosure or otherwise.
<br />The feDuce of the mortgagee to assert any of its rights hereunder at any time shalt not be construed ere a waiver of its right to assert the
<br />same at any lstsr time, and to insist upon and enforce strict compliance with all the farms and provisions of said note amt of this mortgage.
<br />If sakl r s shall caux to be paid to said mortgagee the entire amount due it hereunder, and wader rite Terms and provisions
<br />of said cafe Hereby secured, including {atone advances. end any extanaiorra or renewals thereof in arxordance with the terms and proviaiorta
<br />thereof, sad if said mortgegor..s__ shall comply with alt the provisions of said note end of this mortgage, then these presents shall be void;
<br />otherwise W in fall force and effeot, and said mortgagee shall be entitled to the possession of all of said property, and may,,at its option,
<br />dsdare the wl~e of sold note and ell iAdebtednesa represented thereby to be immediately due and payable. and may foreclose Chia mortgage
<br />err take aqy outer legal aMion to protest itaright. Apprztisement waived.
<br />ThLn mort~ ehall')m biadmg;upon aed shall pure to the benefit of-.the heirs, e:ecutora, administrators, auccessore and assigns of the
<br />respective patxim-hereW: - - -- -
<br />fJV WITNESS WHEREOF, esid Mottgagor._s_ ha ..~L~ hereunto set ._.._. their hand ~_the day and ear first above
<br />written.
<br />J
<br />Ro err E.~Eil ngtor ~~
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<br />t e n t
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