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<br />79-- U(r3$51 MORTGAC~
<br />THT3 INDEN1419,E, made thia__ I3th ~}, ~ June---~, i9 74 by a~ between
<br />Carl L. Mayhew and Susan A. Mayhew, husband and wife, each in his and her own right and
<br />ae spouse of the other,
<br />of Hall County, Nebraska, as mortgagors , sad Greed Island Trust Company of Grand Island, n corporation
<br />o.;maiud sad existing u the taws of N~rraska with its princpal affrce sad pace of business at tread island, Nebraska, as mortgagee;
<br />W TTNESSETH: That said mortgagor s ,for and in consideration of the sum of
<br />**Tao Thousand Ten and No/100tha** ~1s.2,>Ql„O.,dO,__._ l
<br />the receipt of which is hereby acknowledged, do _ by these presents mortgage and warrant unto mid mortgagee, its succe `9a}brs and assigns,
<br />forever, all the foibwing described rea! eatata, situated in the County of - Hal l - -~
<br />end State of Nebraska, to-wit:
<br />t
<br />Lot Twenty-five (25) Vi11a Mar Aee Subdivision,
<br />Hall County, Nebrasiw.
<br />k
<br />Together with ell heating. air conditioaiag, Ughting, and plumbing equipment and factures, including screens. ewnirrgs, alarm wiadowe sad
<br />doors, a~ window ehedm or blinds. used on or in covmetmn with said property, whether the same are now ioceted on said property or hereafter
<br />placed thereon.
<br />_ , TO HAVE AND TO HOLD THE SAME, together with ell sad singular the tenemeata, heredrtaroeata end appurtenatrcea thereunto be-
<br />B, or in aaywiee appertaining, forever. sad warrant the title to the ®me. Said morgagor S hereby covenant with said
<br />mortgagee that _~he y are , at the delivery hereof, the lawful owner S of the premises above conveyed and desen'bed,
<br />aed are sized of a goad end indefeeai6le estate of inheritance therein, tree and clear of all encnmbrancee, and that t hi' will
<br />wamm and defend the title thereto forever against the clime and demands of sU persons whomsoever.
<br />PROVIDED ALWAYS, sad this inatrament is executed and delivered to secuta the payment of the sum of
<br />**Tsto Thousand Ten and No/104ths** Dollarsls 2,010.00 I
<br />with interest thereon, together with each charges sad advena~ as may be due and payable to said mortgagee ands the terms sad condiliorre
<br />of the promissory cote of eves date herewith a~ secured hereby. ezeeuted by said mortgagor a to said mortgagee, Payable as expreasd
<br />is said sore, and to seatro the perfarmence of sU the teams sad conditi~a contained therein. The terms of said note are hereby incorporated
<br />banes by this retaence.
<br />IL a the intention sad sgreemeot of the parties hereto that thin mortgage shell also secure any future advances made to said mortgagorl3-
<br />bp said mortgsgee, sad say and ell indebtedness in addition to the aunt above stated whcc2, said raortgagora, or any of them, may owe to
<br />said mortgagee. however evideaeed, whether by cote, book sccount or otherwise. Tltie mortgage shalt romain in full force sad effect between
<br />the pertree hereW sad their heirs. personal repreneatatives, successors oral assigns, until all amounts secured heruunder, including future
<br />advances, are paid in tuL' with interest.
<br />The matgagor8_ hereby saeign - to said mortgagee all rents and income arising at any and all times from said property and
<br />hmeby Wtharse saki mortgagee ar 'eta agent. at its option. upon default, to take charge of sad property sad collect ell rents and income
<br />there[ram sad apply t~ name to the payment of iateeeei, principal, insurance premiums, razes, saseasmeota, repairs or improvemetrta
<br />'Y~ k~P mid ProP~Y hr tenantable condition. or to other charges or paymwts provided for herein or in the note hereby secured. This
<br />rent aseignmmt shell continue in fot+ce vntU the unpaid balance of said note is fully paid. The taking of posseasioa hereunder shall in no manner
<br />prevent or retard said mortgagee is the collection of said puma by torectasure or otherwise.
<br />- The Lerlure of t!b mortgagx Ea assert eery of its rights hereunder st any time shall sot be construed u e waiver of its right Lo assert. the
<br />4me at sap brat time, and w insist upon sad eaforee strict compliance with all the terms and proviaiom of said note and of thin mortgage.
<br />If sad mart;egar' a shell cause to be paw to eat mortgagee the entire amount due it here~mder, end under the terns end provisions
<br />of said cote Eeretry secured, including fatme advances, and any a:tenaiom or renewals thereat in earordence with the terms and provisions
<br />thered, std B esld maw a shall aampfy with all the provisions of said note end of this mortgage. than-these presents shall be void:
<br />otheswLs Gc remainin fan fora sad , sod acid mortgagee shall he sMitled to the poesessian of all of said property, amt may, et its option.
<br />declare the whole ~ add cote end all indebtadneae repreeeated thereby to be immediately due and payable, end may foreclose thin arortgage
<br />as take my atha legs! adim to protect ire tight. Appaaiaement waived.
<br />Thin motes a>Uli be 6i:upan sad stall same to the beat of the heirs, azecrrtora, administrators. successors end aenigm of the
<br />te~e#ive pexfiee 3aato-
<br />IN WITNESS WTT$REOF, acid 11lortgegor 9 tr Ye .therunto set their y a year First above
<br />v written. - - -
<br />T, ~
<br />~ ~ ~~~
<br />;~
<br />Susan A. Mayhew
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