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<br />M ~3RT~s/4Cs E
<br />lfiiliaa C. 8reanan aad tie~sorsh E. Brenaaa, h~baad and wife -rhsrr his ~ her oars
<br />23rd
<br />_ day of
<br />April
<br />I'3l~ _. br and hetwam
<br />right aad as sponbe of the other
<br />~ Hall Ca~Y, Nebraska, as mortgagor _ e , .aad Grand island Trust Co
<br />oeganved s~ existing under the taws of Ndr.-asks with iia any of Gzand Is:and. a corporation
<br />principal office and pores of bersi~ at Grand Island. Nebraska, as raortgsgce~
<br />F1'ITNESSETH: Thai said mortgagor & ,. , for amd in tbasideratitxi of the sum of .--- _
<br />**Sevea Thausaad Pifteea and No/IdOths** DoILr~1# 7 015 $0
<br />the reaipf. of which is bs+eby adenorledged. do ~._ by these presents mortgage aad warrant oats said moriitsi-s" 'acoessti" r~ and iiyaigns,
<br />forever. all the following described real estate, situated in the Couuty of _., ___ _ _
<br />sod state of Nebraska, to-wit: ~- - - --
<br />The Easterly Fifty-Five Feet (E 55') of Lot One (1) anti the Westerly Tvo Peet (W 2')
<br />of Lot Tiro {2), in Block Two (2), in iteaterhoff'a First Sabdivisi.oa in the City of
<br />Grand Island, Hall County, Nebraska, eacepting therefrom the North Thirty Feet (30')
<br />heretofore conveyed to the Citq of Grand Island for street purposes.
<br />Together with al! beating. air conditioning, lighting. and plumbing equipment and futures. including screens, awnings, storm windows and
<br />doors. end window shades or blinds. used on or in connection with said Property, whether the same are now located on said propettp or hereafter
<br />Placed thereon.
<br />TO HAVE AND TO HOLD THE SAME, Wgether with all and singular the tenements, heredttamenta and appurtensnoee theretrnto be-
<br />: nr- in anywise appertaining, forever, and warrant the title to the same. Said morgagor ~ herby eovemnt -with said
<br />mortgagee tlmt ._t_ he ;r - ate , at the delivery hereof, the lawful ownerg-_ of the pzemise~ above conveyed a~ described,
<br />Rnd....grr-' seized of a good and ivdefeaarble estate of in)~ritance therein, free a~ cl~r of all encumbrances. and khat ~he~will
<br />warrant and defend the title thereto forever against the claims aad demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this instrument is executed and delivered ro aerate the Payment of the sum of
<br />**Seven Thousand Fifteen aad No1100ths** Dollarsls_7.015.00 1,
<br />with treat thereon, together with etxh charges a~ advances as may he due and payable to said coo
<br />ttgagee wader the teems and wnditions
<br />of-the ptomieeory note of eves date herewith and secured hereby, azecuted by said mort8agorg_LO said mortgagee, payable ae expressed
<br />inlaid cote. and !o aecuee the performance of ell the terms end conditions contained therein. The forms of said note are hereby incorporated
<br />harem lrq this tefer~re.
<br />It ie the intention and ageeameat of the parties hereto that this mortgage shall also ascots any future advances made [o said mortgagor 8
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors, or any of them, may owe to
<br />sod mortgages, however evidenced, whether by note, Fra+k account or otherwise. Thin mortgage shall remain in full force aad eHeM between
<br />the parteee haato end their hears, Personal representatives, succeesore aad assigns. until all amounts centred hereunder. including future
<br />advancae, are paid in full with interest.
<br />The mortgagor~_ hereby assign _ to said mortgagee all rents and intwme arising at any and ell times from said Property and
<br />hereby authorize said mortgagee or its agent, at its option, upon default, to take charge of said property end collect ell rents aad income
<br />therdtom end. apply the same to the payment of interest, Principal, insurance premiums, farces, esseaementa, repairs or etprovetnenta
<br />neoeeanry to keay acid property in tenantable condition, or to other charges or payments provided for herein or in the note hereby secured. Thin
<br />tent asatgnm~t shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereu~er shell in no manner
<br />fxeveat or retard said mortgagee in the collection of said sums by foreclosure or otherwise.
<br />..The failure of the mortgagee to assert any of its rights 6oreunder at any lima shell not 6e conetrned ea a waiver of its right to assert the
<br />same at anp later time; and to insist upon and enforce strict compliance with all the terms and provieiora of said note and of this mortgage.
<br />Yf said motk$egor 8 shall cause to be paid to said mortgagee the entire amount duo it hereunder. a~ itndef the terms s~ proviaiorta
<br />of mid sore hereby secured, including future advances. and any extensions or renewals thereof is arxordance with the terms and provisions
<br />thoreo£, and if said mortgagor g alull e~ply with aH the provieiow o[ said ate end atthis mortgage. tA~n these preaettts shall ba void:
<br />othorwise toaemain in fuQ foroe tmd eHeet, afM said mortgagee shell baentitbd to the posaeealon of all of said property, and may, at its optron,
<br />declare the whafe of said note e~ ell indebred>bsa represented thereby to be immediately due and payable, a~ may foreekroe this mortgage
<br />take sag oChpr ~3v ec~wt to lsnteet its right. Appraleement waived.
<br />This inort$+ige shalt be bbxliag upon and shall snots to the benefit ~ the heirs, metvt9ra, administsatore, ancceseors and aeaigas of the
<br />sespst4lt!e Patties h~eta. - .. - - _ -
<br />IN WITNI~B WHEREOF, said MottgagorD._tfaY1L_herertnto set their hand.~_;_the day and year first above
<br />written:
<br />~~
<br />~s_ or_._~remte'-a
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