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79-- t, (' ~ f 0~ MORT~AtaE
<br />THIS INDENTURE, made tFie 7th day of Sutfe _ 19 ~ by aad between
<br />Alfred E. Nabity and Beata A, Nabity, husband and wife, each in his and her own right
<br />and as spouse of the other,
<br />of Hall County, Nebraska, as mortgagor 8 ,and Grand Island Trust Company of Grand Island, a corporation
<br />organized aad ezisting wader the laws of Nebraska with ire principal office and place of business at Grand Island, Nebraska, as mortgagee:
<br />W ITNESSETH: That said mortgagor- 8 ,for and in considetatioa of the sum of _--__._
<br />_**One Thousand Seven Hundred Sixty and No/IOOths** DollarslS 1,760.00 I
<br />the receipt of which is hereby acknowledged, do . by these presents mortgage and watranL unto said mortgagee, i~ auccr..saors and assigns,
<br />forever, all the following 3e<cnbed real carats, situated in the County of
<br />and State of Nebraska, to•wit:
<br />Lot Six {b}, in Slock Three (3), in "key-Lee Subdivision," located on
<br />Part of the Southwest Quarter of the Southwest Quarter (SW-1/4 SW-1!4}
<br />of Section Twenty-one (21), in Township Eleven (11) North, Range Nine
<br />(R), West of the 6th P.Pf., hall County, Nebraska.
<br />Together with all heating, air conditioning, lighting, and plumbing equipment and futures, including screens, awnings, storm windows end
<br />doors. aad window shades or blinds, used on or in connection with said property, whether the same are now rotated on said property or hereafter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, heredrtaments and appurtenances thereunto be-
<br />kutgiag, or in anywise appertaining, forever, and warrant the title to tbe saw. Said morgagor~__hereby covenant-with said
<br />rmRgagee that _-~, hem. are , at Lhe delivery hereof, the lawful awnerS___. of the premises abrn~e conveyed and described,
<br />and are seized of a good sad indefeasible estate of inheritance therein, free and clear of all encumbrances, aml that t he~_will
<br />warrant s~ defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALW AYS, and this instrument is ezecuted and delivered to secure the payment of the sum of
<br />**One Thousand Seven Hundred Sixty and No/100ths** Dollarsls 1 760.00 1,
<br />with interest. thereon, together with such charges and advances ae may be due and payable to said mortgagee under the terms and eanditans
<br />of the promissory note of even date herewith and secured hereby. exewted by said mortgagor s to said mortgagee, payable as expressed
<br />fa ssdd note, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />hwem h9 this rsfarace.
<br />It is the smientioa end agrormffit of the parties hereto that this mortgage shall also secure avy future advsnces made m said mortgagor ~
<br />by said awrtgagce. a~ any and al! indebteda~e in addition to the amount above stated which said mortgagors, or any of them. may owe to
<br />said martgsgee. however evidenced. wbet.her by note, book account or otherwise. This mortgage shalt remain in full force and effect between
<br />the peruse hereto and their heirs. personal rrpreseatatives, successors and assigns, until all amounts secured hereunder, including future
<br />edvaaae, are prid is faL' with interest.
<br />The mortgagor~__ heroby as®gn - to said mortgagee all rests and income arising at any and all times from said property and
<br />hereby authorize said mortgagee ~ its agent, st ire option. upon default, m take charge of said property and collect all tents and income
<br />tl~om and apply the same to Che payment of interest. Principal. insurance premiums. taxes. assessments, repairs or improvements
<br />neerssary to keep said property in teasntab~ wad,tioa, ar to other charges or payments provided for herein or in the note hereby secured. This
<br />rent esaignment shell coatiaue in force unW the unpaid balance of said note is tally paid. The taking of possession hereunder shall in no manner
<br />preveet or retard ass! rmrtgagee in the crdieM.ioa of said sums by forecioaure or otherwise.
<br />The fellers of tbe mar,.gagee to assert nay of its rights hereunder at say time shell aoL be construed ae a waive" of its right Lo assert.the
<br />same at any 4t~ time, end to ioaist upon e~ enforce strict compliance with all the terms aad provisions of said cote and of this mortgage.
<br />If said mortgagor 8 shall unor to be psid W said mortgagor the entire amount due it hereunder, and under the terms and provisions
<br />of said note hereby secured, including Itrture advaaee_s, ~ say eatensioas or re~wak thereo[ in accordance with the terms and provisions
<br />thes+aof, end B aaFd mrrtgagor 8 sha0 comply with all the provisions of said note sad of this mortgage. Chen these presents shall be void:
<br />otherwfse to casein in tuH force sad eHeet, and said mortgagee shell be eaUtled to the possession of all of said property, aad cony, at its option,
<br />declare the wka}a of acid sots aacl a9 iadribtndneas rsg'tasentad tharc-1sy to bs lmmsdiataty $ue aad payable. ami may foreck~ee this mortgage
<br />or take nay other krgsl action to protest its right. Appraienment waived.
<br />This mortgage shall ire binding app and shell snare to the benefit of the have, eaecutora, administrators, successors and assigns of the
<br />active I'iartise hereto.
<br />~ WiTNESB WHEREOF, sehi tdortgegrx.>v_ ha ve hereunto set the r ^ hend~-the dry year fast shove
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