79002920 - Laserfiche WebLink

Browse

7'9-~ ~at~i2920 AAORTt~~-Cs~ THIS INDENTURE, made this~__11.L11.___.__ day of T_~___- 19 79 by sail between Ronald F. Beck and Georgia E. Beck. husband and wife, each in his and her own right and as spouse of the other, ___._______,___T__ __ of,~ Hall .~ Cauaty, Nebraska, es mortgsyor _S __ , sad Grand Island Trust Campeny of Grand Island, a corparalion organized sail existing under the laws of Nebraska with its principal aL`xe ani31 place of businoss at Grand Island, Nebraska, ss mtYtgagae; W ITNESSETH: That said mortgagor ~ ,for and inconsideration of the sum of Ten Thousand Fifteen and no/100 - - - - - - - _ - - - - - - DoI1sQa1L'= -:: < -10.0'15.00 1, the receipt of which is hereby acknowledged, do - by these presents mortgnge and warrant unto said mortgagee,'ita s>3c~yDre sail assigns, forever, ell the foiMwing described teat estate, situated in the County of __...___ _. Hall and State of Nebraska, to•wit: Lat Ten (lO), in Block One (1), in West Park Addition to the City of Grand Island, Nebraska, and a Tract of land Thirty-Three feet (33') ir. width by One Hundred Thirty-Two feet (132') in length, formerly being a Part of West Ttirelfth Street of the City of Grand Island, Nebraska, and more particularly described as follows: Beginning at the Southwest corner of said Lot Ten (10); running thence East on the South lice of said Lot T'en (10), for a distance of One Hundred Thirty-Two feet (132') to the Southeast corner of said Lot Ten (ZO}; running thence South on a prolongation of the East line of said Lot Ten (10), .for a distance of Thirty-Three feet (33`); running thence West parallel to the South line o£ said Lot Ten (10), for a distance of One Hundred Thirty-iwo feet (132'); running thence North on a prolongation of the West line of said Lot Ten <10), for a distance of Thirty-three feet (33') to the Southwest comer of said Lot Ten (10), being the point of beginning. 6 E ~. i Togettrer with all heating. air conditioning, lighting. sad plumbing equipment and factures. including screens, awnings, storm windows snd doors, and window shades or tlmds. used on or in correction with said property, whether the same are row located on said property or heresher P~ e TO HAVE AND TO HOLD : HE SAME. together with all snd singular tbe teaementa. hereditaarents and appurKemnees thereun[o be• krngimg, or in anywise appertaining. forever, and warrant the title to the same. Said morgagor ~-hereby covenant -_ with said mortgagce that ._-t. be T 2Te . at the delivery hereof. the lawful owcer-S- of [he pmmiaes above conveyed sad described, rod are seized of n good and indefeasible estate of inheritance therein, bee and clear of all encumbrances, and that. the 'will warrant sad defend tbe title therew forever against the claims end demands of all persons whomsoever. PRAVIDED ALW AYS, sad Chia instrtrment is executed a~ delivered m segue the payment of the sum of _ Tea Thousand Fifteen and no/100 - - - - - - - - - - - - Aallmsia._ 1_0,015.00 i. C with iS, thereon, togathe= with sxh clsargffi s:xl advances as may In due ~ Payab~ to said rxrtgageE uaaie: t<tiz terms sad rnrd:aona d the punmiaeary note of eves date herewith and secured hereby. executed by said raartgegor s __'w acid mortgagee, payable es ezpressed iaatdd soft, end to astute the pefotrasnoe of all the terms sad conditions contained therein. The tertrta of said note are hereby incorporated herear 6y ~ ee~esne. IL's the ia3aetion a~ agteemant of the parties hereto that this mortgage shall also secure any future advnacea made w said mortgagor by said mortgagee, sad say nod all indehtodnesa is addition to tbe anwuot above stated which said mortgagoro. or say of them. may owe w laid mortgagee, however tvidmeed. whether by rote, book aeaount nr otherwise. Thin mortgage shall remain in full force and effect between -the parties hetew and flee heirs. Personal reyresentatirres, succtrasors and assigns. until all amounts secured hereu~er, including fuwre advaaaes, are paid in #u:: with iasarest. The ~- bereby assign -to said mortgah-ee e1 rents and income arising at say snd all times from said Properly and hereby authorise said mortgagee or its agent, et its option, upon default. to take charge of said property nail collect aL rents and iroome thetdrom and apply tbe sso~ to tIg paym®t of interest, principal, insuranrs p**•mn•+*+s, razes, assessments. repairs or improverrreats aere.+aaYy to heap said Property in tenantable condi~, or to oLhg• charges or payments provided for herein or in the note hereby secured. This rem assignment shall continue in force until the unpaid baimce of sand note is ful}y paid. The robing of possession hereunder shah in no manner prevent or retard acid sxatgagee in the d mud errors try ~erlosntt or raherrriee. The fasTmt of the mortgtgee in assert any of its rights herwnder at any time shall sot be construed as a waiver of its right to assert thr same at say toter time,-and to iasrot sspon std enforce strict camplisnrs with oil Hm terms sad provisions of said note and of this aortgage. If said g ehsH cease w be paid w said mortgagee the entire ems; +~+ due is hereunder, sad order the terms and provisions ~ said rote ~~ segued, inr~adiag futrrnr advarres, and any ezteasions or removals thereof in ecemdanrs with the terms and provisions thered, ead'd said asart~agnr ~_ shall comply with aB the provisions of acid mite sad of this mortgage. then these presents eha9 be void: othttwiM to temetis to h1H &vae sad duct, asd said shill be eatithd W the poeseasion of aC of said property, trail rosy, et ire option. deehtre the wrists d acid sate sad atl isdabtadaees repnorentad thereby to be immediately dm snd payabte, sad may foreclose this mortgagor. cr take asy atier isgai actian.to pattatt its right. Angraieemeat waived. ahafl he triatlMg-opoa nail ahaB emus to the 6snefrt. of the heirs, esacutora, admsnisuators, succeaaors sad ssaigns of the anepective pasties treeeto. - iN WIT1iIIi$6 9PHERE0F, said -~- Ira YI`_hereunto set. t._ h~+ir --4 hand-S~ tba day and year first above wriKtea .- . Beck ~- , Ce gin F Beck