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79~ ~~l~~~Q5 MOR1'GAG~
<br />THIS INDENTURE, made this 6th day of~June____ __, 19 79 by and between
<br />Maxine Hurt Denman and Robert L. Denman, husband and wife, each in his and her own right
<br />and as $;.ouse of the other _
<br />of X811 County, Nebraska, as mortgagor 8 ,end Grand Island Trust Company of ^vrand Island, a wrporation
<br />osgsaized and ezistiag under the taws of Nebzeeke with its principal office cad place of business at Grand Island, Nebraska, as mortgagee;
<br />W ITNESSETH: That said mortgagor 8 ,for and in consideration of the sum of _
<br />**Four Thousand Four Hundred Forte-nine and 37/100ths** ~~,~~ 4,444..37 ~,
<br />the receipt of which is hereby acknowledged, do _ by these presents mortgage and warrant unto said mortgagee, its succgsaors sad assigns.
<br />forever, aH the following described real estate, situated in the County of Hall __
<br />and State of Nebraska, to-wit:
<br />Lot One (1) in Block Two (2) Waggoner Subdivision,
<br />amity of Grand Island, Hall County, Nebraska.
<br />Together with all Meting, air conditioning, lighting, and plumbing equiament end futures, including screens, awnings, storm windows and
<br />doors, and window shades or blinds, used on or in connection with said property. wbetber the same are now located on said property or Mresfter
<br />plated thereon.
<br />TO HAVE AND TO Y.OLD THE SAME, together with all and singular tbe tenements, heredrtaments and eppurtensacee tMreunto be-
<br />krogiog, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor s.-. _ hereby rnvenant -wish said
<br />mmtgegee that. t he V Sre _, at the delivery bereof, the lawful owner._$._ of the premises ebave conveyed and described,
<br />sad are seirsd of a good sad i>rdefessrbte estate of inheritance tberein, free and clear of all encumbrances, and that the '}will
<br />warrant a~ defend tbe title thereto forever sgasnat the claims and demands of eII persona whomsoever.
<br />PROVIDED ALWAYS, sad this instrument is ezecuted and delivered to secure the payment of the sum of
<br />**Four Thousand Four Hundred Forty-nine and 37/1DOths** Dol~,si8 4,449.37 y.
<br />with m[me6i thereon, together with such ehatges sad advances es may be due sad payable to said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith end secured hereby, ezecuted by said mortgagor a to said mortgagee. payable as ezpressed
<br />in said ante, a~ W setaue Lbe petformanx o[ all the terms end conditions contained therein. The terms of said note ere hereby iaeorporated
<br />he:bn b; this reference.
<br />It ie the intantioa and agreement at tM parties hereto that this mortgage shall also severe any future advances made to said mortgagor $
<br />by said mortgagee, sad any sad sll indebtedness in addition to the amount above stated whit!, said mortgagors, or any o} them, may own to
<br />x~ mortgagee, howtwa evidenced, whether by note, book acrount or otherwise. This mortgagr shall remain in full force and effect between
<br />the perttes hereto end their heirs, personal representatives, successors and assigns, until all amtwats secure! hereunder, including future
<br />advanoes, are paid in fuL' with interest.
<br />The mortgagor S hereby assign _ to said mortgagee all rents and income arising at any and all times from said property and
<br />henry authorise said mortgagee or its agent, at its option, upon default, to take thargr of said property end collect al! rents and urcome
<br />tha~rom avd apply CM some to the payment of interest. principal, imurance premiums, r,.res, asses®ents. repairs or improvements
<br />~sary to keep said property in teaeateble cooditioa, or to other charges or payments provided for herein or in tbe note hereby secured. This
<br />rent aaeignm®t shalt continue in fotrx until tbe unpaid balmce of said mte is fully paid. The taking of possession hereunder shall in no manner
<br />ptevart ar retard said mortgagee is the rntlettion of said sums by foreclosure or otherwise.
<br />The failure ~ tba mortgagee to asset a~ of ire rights hereunder at say time ahau not be construed sa a waiver of its right to assert the
<br />enure at any Iat~ time. a~ to ineiat upon a~ enforce strict compliance with all the terms and provisions of said cote and of this mortgage.
<br />H said mo¢Lgngoz g shell cause to be paid to saw mortgagee tM satire amount due it hereunder, abe under tbe terms end provisions
<br />of said cote hereby eetured< iaeloding future advances, nod any e:reasiom or reoewale tMreof in accordance with tbe terms and provisions
<br />thereof, and if said matgagarS_-shaIl omoply with all tine provlaiOne of said note and of this mortgage. then these presents shall be void:
<br />othe:srise to remain ut roll force and dfxt., sad said mortgagee shell be entitled to LM posseenion of all of avid property, and may, at its option,
<br />deekCee the whda of acid solo and all indebCadrrees represented thereby to be immediately dne and paynbk, and may foreclose this mortgage
<br />or take anq othts legal action to protect its right. Appraiaement waived.
<br />?his mortgage shall M biadeg open and shsU enure to tbe bene5t of the h®rs, ezewtora, admimatrators, successors aM assigns of the
<br />tespeetive psrtim hero.
<br />IN WITNESS WHEREOF, said MoRgsgar a have hereunto s~ theirhand s the day and year first above
<br />written. - ,_ ~~ f.~~~yv70fiT ~ .
<br />~- art L. Denman
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