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79-` t~U385~ MOIRI°GAGE
<br />THIS INDENTUBE, made this 18th day of
<br />.,une
<br />18 ' `~ _, by asst between
<br />Jimmie L. ?4cHugh and Laurette 1. ~icNugh, husband and wife, each in his and her own
<br />right and as spouse of the other,
<br />of Hall County, Nebranlta. as mortgagors , and Grand Island Trust Company of Grand Island, a corporation
<br />~'Raaized and evating under the laws of Nebraska with its principal office and piece of business ak Grand Island. Nebraska, ee mortgagee:
<br />VVITNESSETH: That said mortgagors _ ,for and inconsideration of the sum of
<br />**One Thousand Ten and :do/100ths**
<br />Doltare IE 1 014.44 1,
<br />the receipt of which is hereby acknowledged, do . by these presents mortgage and warrant unto said mortgagee, its successors and assigns.
<br />forever. su the following deacn"bed rest estate, sftue[ed in the County of .Ha l l _
<br />and State of Nebraska, to-wit:
<br />Lot Four (4), in Block 4ne (1), in hfeves
<br />first Addition to the City of trend Island,
<br />Vehraska.
<br />Together with all hinting, air conditioning, lighting, and plumbing equipment and factures, including screens, awnings, storm windows and
<br />dopes, and window shades or blinds, used on or in connection with said property, whether the same are now located on said property or hereafter
<br />placed thereon. R
<br />TO HAVE AND TO HOLD THE SAME, together with all sad singular the tenements, hereditaments and appurtenances thereunto be-
<br />kmgiag, or.in anywise appertaining, forever, a~ warrant tbe title to the same. Said morgagor s hereby covenant-with aeirf
<br />nWitgagee that t he Y are , at the delivery hereo[. the !awful owner.S- of the premises above eoaveyed sad described,
<br />aTMt-- are seized of a good and indefeerbte estate of inheritance therein, flee and clear of ell eneumbraaoea, and that_Ihe,_y.wift
<br />warrant and defemi the title therein forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this iaskrument is executed and delivered to secure the payment of the sum of
<br />**One Thousand Ten and Vo/lO4ths** _ DollarslE 1,'114.40 1.
<br />with interest tbereoa, together with such ehaegen and advances as may be due and payable to said mortgagee under the terms and oonditiotns
<br />of the peomiasory note of even date herewith sad secured hereby. executed by said mortgagors to said mortgagee, payable as expressed
<br />ID saw note, sad to secure the performance of all the farina end conditions coateined therein. The terms of said note are hereby incorporated
<br />herein by Ws refinance.
<br />It ib the iateation sad agreement of the parties hereto that this mortgage shell also refute any future advances made to avid mortgagor_s_.
<br />by acid martgagee, and any and aIl iada6tedaeea in addition to the amount afwve stated whieL said mortgagors, or a~ of them. may owe to
<br />said mortgagee, however ev~enoed, whether by note, book account or otherwise. This mortgage shall remain is tali force and eNect between
<br />the paetrsa herald sad their heir. personal repreeantntfves, auaeasora and assigns, until all anwunts aecuxed hereunder. including future
<br />advapose. are pafd in tat: with interest.
<br />The mortgagor 8_ hereby assign to said mortgagee all teats n~ income arising at nay and all tfinea from said property and
<br />hereby authorise said mortgagee or rte agent, at itA option, upon de~ult, to take charge of said property sad collect all rents and income
<br />thaeafrnta sad apply the same w the payment of interest. principal, iawraace premiums, rases, amesamenta, repairs oranpravearenta
<br />aeeessazy Se keep said property is tenantable condition, or W other charges or payments provided for berein oz us the note hereby secured. This
<br />eerK aaaigmamat snail c®Ciaue is force unW1 the unpaid balance of avid note is fully paid. The taking of poaaesaion hereunder shall is no manner
<br />pravau or ~etaE~d acid mortgagee fa the co)>ectimt of said cams by foreeioeure ~ otherwise.
<br />The failure of the martgagee to assert any of its rights heet:ader at any time shell not be construed as a waiver of its right to essmt the
<br />same at atry rates time. and m insist upon and enforce strict somplienee with alt the terms and praviaiona of acid note sad of this mortgage.
<br />If mid mortgagor t3 shell cease to be paM to ask! mortgage the entire amatnt due k hereunder. and under the terms and provisana
<br />of said note hereby seoared, inrliading future advaaee, and any e:temioas or renewals thereof is attordanca with the terms and provitiana
<br />tbereaf, sad said awrt~r~_ shat! e~pfy with all the grovieions of said sole sad of shin mortgage. then these presents shall be void:
<br />athseeriee to eawim m [ati forts and dfact, sad said mortgagee shall be entitled to the poaaeearon of all of said property, and may, at rte option,
<br />dealers the td acid sate and e8 ftdnms xeprar~ted thereby to be immediately due rod payable, end may fo:eebse this mortgage
<br />or faire stp ot6sr iegatl aetiaa to ptatett its eight. Apprafamptmt waived.
<br />'Chia mortgage shall he biadiug ton sad shall scarce to the baaetlt ~ the 6eita. esetvtova. administrators. sucassore and aeaign+ of the
<br />_tmpeative paebed berets.
<br />Iid WCIi3ESS WHEREOF, mid 3lartaagar...&__3~a.~L€.he:astuto *hPir ,hand~y_the day and year first above
<br />written: -
<br />e L. ,.c gh --
<br />~--' Laure:.la A. ?.re}iugh
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