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i <br />79- ~; t~,~ ~ 61 1UIORTGAC;E <br />THIS INDEAI'I'LIRE, made this 3Cth day of MaV ______~_ , 19 79 by and between <br />Jar3 A Sell~irs :,r,~ xaran .I Sellairs husband and wife each in his and her otan right <br />alas spouse of the other <br />of._ Eall Cewnty, Nebraska, as mortgagor ~ ,end Grand island Trust Company of Grsnd Islatat, a eotfwration <br />arganizsrf 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 acid mortgagor s ,for end inconsideration of the sum of _ _ <br />Fturteen .Thousand Seven Hundred Fprty Five and 46/I00 - -'='°`~'~a~{s"°' •~sis~ ~i5.b6 ~. <br />the receipt of which is hereby aclmowledged, do _ by these presents mortgage and warrant unto said mortgagee, its a }u~ s, <br />forever, all the fotbwing described rest estate, situated is the County of ._ _ _.__-_._Hal l___ <br />and State of Nebraska, to-wit: <br />Lot Twenty-Four (24), Island Acres Number Seven (~), an Addition to [he <br />City of Grand Island, Hall County, Nebraska. <br />T.ogetlrs wish all heating, air condittonimg, lighting, and plumbing equipmeeat end futures, intludittg scresos, awnings. scam windows and <br />dtataa, and windos~ shades or blinds. used oa ~ in conne~ct.ion with said property, whether the same are now bcatasl on said peopes;.y or heresfter <br />piaoed thereon. <br />Tfl HAYE AND 7'O HOLD THE SAME, together with alt s~ singular the t®esneats, hereditnments end appttttenaaces thereunto be- <br />ar m arytrfae appertaining, ftxeo~, end warrant the title to the same. Said morgagor ~ _. htxeby anemnt -with said <br />nsoetgatee that ,_ _ t he~__8re...__ , at the dt3ivery Frereof, the lawtut tncner 5._ of the peemiaes above eatve±°ed aai described. <br />sad arP _ wired of a good and iadrteaa~ie estate of inheritance therein. free and clear of all enrumhran.ES, and than ._S_3sey_wiA <br />sartiant and defend the title thereto #orev~ agaiwt the claims snd demands of all p~soats whomsoever. <br />P~CYiDF.D ALtd'AYS, sad thin insinrmemt is executed and delive~d to earcvre the payment of the sum of _ <br />Fourteen Thousand Seven Hundred Forty Five and 4b/tnn _ t~l;~sts;s 14.?45.4fi <br />-- - _i. <br />with istareat theeeaa, togethc frith e~h charger and ~^aaces ns mny be dsre and payable to said aart <br />gages utxier the terms acrd conrditions <br />~ the prnmiaaory note of even dais herewith and setw•ed hereby. ezerutsd by said tnm•tgagtx _s,_. to said mortgagee, payable ss ezpresaed <br />fa Arid aa>;e, sad to saaite the paformtntr of aIl the utm+ and conditions contained therein. The terms of said mrts are hereby intnapereod <br />h~ h9 this refartatce. <br />It is the inteatiem sad agteetme~t. of the parties hereto that this meutgage shall also serum any trttue advances made so said mortgegnr~ <br />hY said mortgagee, sad any eMf act + -'ah:~__=: in add3txin to the amount above stated chic}. said mortgagors, or any of t6rm. may awe to <br />said mal~gagae. hosever evidtncad, whether by ante. book aexnuat a otheraise This mangage shall remain in full form and ef[trt between <br />the patties heasto a~ their hiirs, persomt tepteszatatit`es, succa sad assigns, until ail etnotxats secured heveuader, inr2uding future <br />rdvanas, are paid is fuC with iat~. <br />Ttr mortgagor~_ battby assign -- is anxi morgagee ail cents and income arising at any and all times from said property and <br />hesnby autharias aai6 mengagee a its agent, at its option, upon defautt, to cafe charge of said property end collect all rents and income <br />th~erahvm a~ rutty the acme to the Fa3'mant ~ morass.. prixiprai, .~=,rs=._ pr~inms, taxes. esseaamaers. repairs or improvemrnts <br />ei to beep said proptrtp in t®antable comititm, or to other t$arges or payments provided far barza or is the note hereby secured. This <br />rest assignment shall txattintra in tares tmr the ut~aid bnlaace of saw reefs is fully ~~. The eking ^f peessessu~n hceunder shall in rso :canner <br />) ar tatartt acid ~t~se ID tAa t ed said same Iry feaerlons:e or othswiee. <br />The fa3aaa ~ the taatgsg~ee !o asamt say of its zsghcs Iteeeuatfer et arty tmta shall sot be tunesrtrsd as a waive of its right to assert tbe <br />case at mY '~ time, sett to iasiea npOa ant eaeefrirte shirt r~tplianoe with a!t the terms and provis~rm rd said Hots std of Chia mortgage. <br />I! said martgsg~pt & shall Haas W he mid to acid maneipae the satire arrrcr.nt s~ it ~•, ~ u_*~ e~gx at~.a ~t penvs~ns <br />od and mta lataely aeeered, irrehrdiag futrus advattaa, sad anY esimriona or remsrab thereof in sex»rdance with the terms and provisions <br />tf+aeeef. sad it acid mortpgrr _...St_ eha8 nsmPtY wNh all the pmvisiom o! said mte and d thin aaoatgage, thm these prmeata shell be void; <br />tttlfatsrya to r~vn iv itrII ftrroe sad aBeex, and paid tamtgagee shall be entaled W the poaeession of au of said property, and may. at its option. <br />tlaolue cis raheie td acid cross epd afl iadeb00dsesa repteae~ad thereby m he immediately dve end payable. and may foreclose this mortgage <br />tr take say oNSer &tpi aet+aa W presser. its rigit. Apprsia~t arrived. <br />T~ sirsg Ise hag nPna ud abrft mere to the bent>st of the heirs, euenrtora, administrator, auaressnra and assigs<a of the <br />retire perfies h+artla <br />IN WITNESS WHLBEOF, pod 1Naetgsger s ~ vE heareetuw t+et their y,~,s the day sad year fast above <br />tm <br />a <br />r ~ ~~ <br />