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79- ~,!+3343 MORTGAGE
<br />THIS INDENTURE, made Chia- 29th _ day of May______ , 19 _Z9_, by and between
<br />Richard P. Newhouse. and Phyllis 0_Newhouse husband and wife, each in hi~apd her own
<br />rieht and as spouse of the other, _________ __ ____ ___ ____
<br />of ~S~Z ~ County, Nebraska, as mortgagor _~_. , and Grand Island Tnrst Company of Grand Island, a corporation
<br />orgenved and existing 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 ~- ,far and in consideration of the sum of _- _
<br />Nina T}LU52IId Fnur Hrmrirari Truan 4'y-Cig earl 7fi/lflQ - - - - - - -Ijpjlaty ig-~'>-----1,
<br />the receipt of which is hereby acknowledged, do -_ by these presents mortgage end warrant unto said mortgagee its sacr~iaEsemd assigns,
<br />forever, ell the following described real estate, situated in the County of __-_.. Hall _
<br />and State of Nebraska, to-wit:
<br />Lot Four (4) in Block Four {4), in Country Club Subdivision, Being Part of the
<br />East Half (F31) of the Northwest Quarter (NW's) of Section Twenty-Eight {2$),
<br />Township Eleven {11) North, Range Nine (9), West of the Sixth P.M., Hall
<br />County, Nebraska.
<br />Tager=6es with all heating, air conditioning, lighting, and plumbing equipment and fixtures, including screens, awnings, storm windows and
<br />doors, and windtwv slmdes or blinds, used on or in connection with said property, whether the same ere now located on said property or hereafter
<br />Placed the-=~n-
<br />TO HA4'E AND TO HOLD THE SAME, together with all and sitsgttlar the tenements, heretfitaments and appurtenances thereunto be-
<br />Imging, or in anywise appertaining, forever, sad warrant th:. title to the same. Said morgagor _S-hereby covenant -with said
<br />mortgagee that _ r he Y_ are _, et the delivery hereof, the lawful owner. 6 _ of the premises above rnoveyed and described,
<br />and era ___ seized of a good amf indefeasible estate of inheritance therein, free and deae of all eacumbrancea, and t}eat~.he3Lwill
<br />warrant end defend the title therein forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this iastrttmenc is executed and delivered to secure the payment of the sum of
<br />Nine of and Four Hundred Twenty-Sim and 76/100 - - - - Dni>a,siy 9,426.76 1,
<br />with iaSexes+_ thersta. tt~et_hez with s'xh ctisrgea arwl advances as may be due a~ payable to sa:d mortgages uad~ the terms and conditiaas
<br />of the promresory note of even date herewzch and secured hereby. executed by said mortgagor _$_ to said mortgagee. payable as expressed
<br />m said nine. sad to secure the performance of all the terms and wnditions contained therein. The terms of said note are hereby incorporated
<br />het•~n b9 Chia reference.
<br />It b the iatmtiun and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagorS_
<br />by said ogee, and any sad all i~ebtedness in addition to the amount above stated whit], said mortgagors, ar any of Lhem, may owe to
<br />said mortgagee, hcsever evidenced, whether by mote, book account or otherwise. This mortgage shall remain in frill farce and effect between
<br />the parties herrto sad their heirs, personal representatives, successors and assigns, until ell amounts secured hereunder, including hrturn
<br />sdvwces, are paid is fnL' with interest.
<br />the mtxtgagor-~- hereby assign _.._ to said mortgagee aL' rents and income arising at any and all times from said property and
<br />h~3' authorize said mortgagee or its agwt, at its option, upon default. to take charge of said property and collect all rents and income
<br />thsefrom and apply tine same to the payment of interrat, principal. insurance premiums. taxes, nsseaemea[a, repairs or improvements
<br />meessarY to keep esid ProP~tY ~ teaantabie oonditian, or to other charges or pnymenta provided far herein or in the note hereby secured. This
<br />rent assigrua®t ahsll continue is torce until the unpaid balance of said note ri fully paid. The taking of possession hereunder shall in no manner
<br />peervent or nKad said mortgagee is the co#leetion of sesd sums by foreclosure ~ othsvrise.
<br />The fadrue of the mortgagee to assert say of its rights hereunder at any time shall not be canswed as a waives of its right to assert the
<br />same at say IsEg tip, sad W insist upon nod enforce strict oomplieace with all the terms and provisons of said note and of this mortgage.
<br />If said marigago: S ahnD cause to be paid to said mortgagee the entire amount due it hereunder, and under the [arms and provisions
<br />of said mte hsehy eearmd, int'1ndiQg future advaasas, a~ any ezteoaiaur ar re~rres thereof ir, axordanea with the terms and provistons
<br />lhmeo#. and Sf said moafgag~.~_ a6aD tamply with all the provieioas of said ante and of thin mortgage, t6~ these presents shell be void;
<br />otbrwieie to rramein in fuR free end ~, sad etid rarsYgaBee ehdl be entitled to the possession of all of said property, and may, at its option.
<br />dedtre the whiole of said mte and a$ imdeA6edness represented thereby to be immediately due and payable, and tnay foreciose this mortgage
<br />ar take suy orbs legal aetian to protect Ira right. Appeaiaemeat waived.
<br />Tirfs mortgage abet] be bind~g apes sad shat] enure W the benefit of the ~ ~ . exseuWrn, admimistrntors, successors and assigns of the
<br />respective paetfas hereto.
<br />IN WITNESS WHEREOF, acid Itiantgfgor _S.- tin .3[e_ herettnta sat ,he1,r __, hand _6.,-tfre day and year first above
<br />written. - /'
<br />Ri d P, New use
<br />e'~~~y_ll~..-~ xu~e~v«
<br />F'hyl`1 s 0. New ouse
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