|
MCIE~TCaAGE
<br />7~- ~~t t.t ~ ~' ~
<br />THIS INDENTURE. made this 4th -___ day of __-~f3~r ._-`--- , 19 _..1~ ., by and between
<br />Yvonne M. Lund, an unmarried person, ___,__ __ _
<br />of Hall County> Nebraska. as mortgagor,. end Grand Ie]and Trust Company of Grand Island. a corporation
<br />organized end existing under the laws of Nebraska with its principal office and place of business at Grand Island, Nebraska, as mortgagee;
<br />W ITNES~^*ETH: That said mortgagor _ > for and is consideration of the sum of
<br />Three Thousand Ten and noJ100 - - - - - - - - - - - - - - ~- ~- >• ~~~.•~ ..
<br />-- - - Dollar it, 1.
<br />the receipt of which is hereby acknowledged. do ?s by these presents mortgage and warrant unto said aro'rtgage~; ifs-'?:uece§sorr and assigns,
<br />forever, all the following described real estate, situated in the County of Ha 1 I __
<br />and State of Nebraska, to-wit:
<br />Amended
<br />Lot Three (3),/Block Six (6), Continental Gardens, an Addition to the City
<br />of Grand Island, Hall County, Nebraska.
<br />Together with all !renting, sir condit~ning, lightirrg, and plumbing equipment and fixtures, including screens, awnings, storm windows and
<br />Boras, and window shades ar blinds, used on or in connection with said property, whether the same are now Located on said property or hereafter
<br />planed thereon. • .
<br />TO HAVE AND TO HflLG THE SAbIE, together with all and singular the tenements, hereditaments and appurtenances thereunto be-
<br />kmgiag, or N anywise appertaining, forever, and warrant the title to the same. Said morgagor -_ hereby covenant 9 :rith said
<br />mortgagee that _s.. he ____is_.____-._ , at the delivery hereof, the lawful owner__ of the premises above conveyed and described,
<br />stet is _aeited of a good and indefeasible estate of inheritance tl5erein, free and clear of all encumbrances, and that 3 he_will
<br />warrant b~ defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROV IDED ALWAYS, and this instrument is executed end delivered to secure the payment of the sum of ____.
<br />Three Thousand_ Ten and no / 100 - - - - - - - - - - - - - - IMllars (E 3 ,x.10- 00 ._.._ . ).
<br />with interest thereon, together with such charges and advances as may be due and payable to said mortgagee under the terms and conditions
<br />of the promissory rn-ate of even date herewith end secured hereby, executed by said mortgagor _to said mortgagee, payable as axpre-geed
<br />i$ mid eta, sad W secure the performance of all the Leans acrd crndiLions contained therein. The terms of said note are hereby incotparated
<br />herein by Lhia reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shell also secure any futons advances made to said mortgagor _~
<br />by said mortgagee, and any and all indebtedness in addition to the amount alwve stated which said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage shall remain in full force and effect becwxn
<br />the parties hereto and their heirs, personal xepreaentativea, successors and assigns, until all amounts secured hereunder, including future
<br />advanom, are paid in fuL' with interest.
<br />The mortgagor_ hereby assign S _ to said mortgagee all rents and income arising at any and all limas from saM property and
<br />hereby authorise said mortgagee or its agent, et its option, upon default, to take charge of said property and collect ell rents and income
<br />therefrom and apply the same to the payarent of interest, principal, insurance premiums, taxes, asaessmente, repairs or improvements
<br />necessary to keep said property in tenantable condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />rent msignment shall wntinue io force until the unpaid balance of acid Dote 6g fully paid, The taking of possession hereunder shall in no manner
<br />prevent or retard avid mortgagee in the ooUection of said sutra by forerloeure or otharaiae.
<br />The failure of the mortgagee to assert any of its righu h®reunder at any time shall not be construed as a waiver of its right to asaerb, the
<br />carne at any Iatar time, and to insist upon end eaforoe strict camp;ience with ell the terms and provisions of said note and of this mortgage.
<br />If anid mortgagor shalt puce W be paid to said mortgagee the entire amount dve it hereunder, and under the teens and provisions
<br />of Bald note hereby scarred, including future advances, and any errteaeiona or renewela thereof in accordance with the terms and provisions
<br />thereof, and ff-said mortgagor _ shall comply with all t}re provisions of said note and of this mortgage, than these presents shall be void:
<br />otherwise to rmsain in full force amt effect, and said mortgagee shall be entitled to the posaesaian of all of said property. end may, at its option.
<br />declare the whop of said cote and all indebtedness nepreeented thereby to be immediately due and payable, and may foreclose this mortgage
<br />or take aqy other logd action to protect ire right. Appraiaemeat waived.
<br />Tbia nmrtgage shall bs binding.apon a~ shall enure to the benefit of the heir, executors, administrators, successors and assigns of the
<br />respective parties hereto.
<br />~N WITNESS WHEREOF, said Mortgagor- has _ hereunto set her hand _-_the day and year first above
<br />Written. ~ y1
<br />,Jirvonne M. Lund
<br />c
<br />
|