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<br />79- I~ ~! ~ ' ~ 5 i1A~RTCaACa E
<br />THIS INDENTURE, made this 21st day of -lone _, 19 79 , by and between
<br />Sohn R. Ramirez and Miriam ll. Ramirez, husband and wife, each in his and her ow*zr rip_ht
<br />and as spouse of the other. _
<br />of Hall County, Nebraska, as mortgagor s ,and Grand Island Trust Company of Grand Island, a rnrporation
<br />a•4s^;+ml and eaiati~rg under the laws of Nebraska with its principal office sad pLRCe of bnsireess at Grand Island, Nebraska, ea mortgagee;
<br />W ITNESSETH: That said mortgagors ,far and inconsideration of the sum of
<br />**5ix Thousand Fifty-four and 12/100ths** DollarsfE b.054.12 1,
<br />the receipt of which is hereby ecknowkedged, do - by these presents mortgage and warrant unto said mortgagee,-iva suco~eors and assigns,
<br />forever, all the following described real estate, situated in the County of ~' a l l
<br />and State of Nebraska, to•wit:
<br />Lot Twelve (12) in Block Seventeen (17) in College
<br />Addition to '.,test Lawn, in Crand Island, Hall Couir[y,
<br />~3ebraska.
<br />Together with en heating, air ooaditioning, lighting, and plumbing equipment and futures, including screens, awning:., storm windows and -
<br />doora, and window shades or blinds, used on or in connection with said property, whether the same are sow located on said property or bereafter
<br />Flared theteoa.
<br />TO HAVE AND TO HOLD THE SAME, together with all and aiagular the tenements, hereditaments and appurtenances thereunto be•
<br />kmgjng, or is anywise appertaining, forever, and warrant the title to the same. Said morgagor s hereby covemnt-with said
<br />that [ he ~_ are , at the delivery hereof, the lawful owners of the premises above conveyed end deacn'bed,
<br />and are seized of a good end i~efeeaihle estate of inheritance therein, free and clear of ail encumbrances, and that_the.~Lwill
<br />weereat a~ defend the title thereto forever against the claims and demands of all persons whamaoever.
<br />PROVIDED ALWAYS, sad this instrument is eseeuted and delivered to secure the payment of the sum of
<br />**Six Thousand Fifty-four and 1211~Oths** DollarelE 6 QSu.l2
<br />1.
<br />with iateteet thrleon, Cogether with such charges and advaacea as may be due and payable to said mortgagee under the terms and conditions
<br />of the pmmraamy sole of even date herewith and secured hereby, ezecuted by said mortgagor s to said mortgagee, payable as ezpresaed
<br />in said cote, a~ to saeure the parfomrenco of all the terms end conditions contained therein. The farms of said note era hereby incorporated
<br />heein by this tri`aence.
<br />It is the intention s~ agreement of the patties hereto that this mortgage shall also secure any future advances made to said mortgago>~
<br />by said martgageee, a~ any and all indebtedness is addition to the amount above stated which said mortgagors. or say of them, may owe to
<br />said mwtgegee, however evidenced, whether by cote, book account or otherwise. This mortgage shall remain in full foece and effect between
<br />tlm pactms 6erUo e~ their heirs, personal representatives, successors en6 assigns, until all amounts secured herermder, including future
<br />a€tveaoee, are paid is full with in Wiest.
<br />The mortgagor s hrreby as~gn _ to said mortgagee all rents and income ariaiag at any and all times from said Property and
<br />~Y sathori~ said mortgagee or its agent, at ks option, cpon default, to ta~a charge of said property end collect all rents and income
<br />Lhere€tata sad any the same to tbe payment of interest, Principal, iassuance premiums, te=es. assessments, repairs or improvements
<br />rY to keep said pzoperty in tenantsbla condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />rat amig~t shall e~tinue m force until the ur~aid balmce of said note is fully paid. The taking of possession 4ereunder shall in no meaner
<br />prevent or retard aekl mortgegoe in the collection of said sums by foreclosure or otherwise.
<br />Ths falore of the mortgagee Lo assert any of ire rights hereunder at say time shat! not be construed as a waiver of its right to assert,, the
<br />acme at any later time. and to ianist upon and enforce atritt c~p~linnce with all the terms and proviafona of avid ate and of this mortgage.
<br />If said mwtgagar ~ ahaD cause +~ be paid to said mortgagee tbe entire amount due it hereunder, acrd under the terms and provisions
<br />of said sore 6mehy saaued, ioeiuding fatute advaacee, and any eztenaioas or renerrale thereof in accordance with the terms and provisions
<br />theses`, sad M mid msatgagm S ahel! ecraP}y w'itlr all the provisions of said note and of this mortgage. than these presents shall be void:
<br />otherwise W camels is Pa8 farce cad effete, sad rats nsortgsgee shall tx entitled to the posaeesioa of all of said property, and may, at its option,
<br />der3up the whole of said cola and aIl :sw'e`nisdnene reprea~ted thereby to be i~diately due and payable. and may foreclose this mortgage
<br />a take aqy other ktgrd aeti~ W prrrtect ire right. Appraisement waived.
<br />Thy mortgage shall be binding~aa~rum and shall enure to the benefit of the heirs. ezecuWre, administrators, suecesaore and assigns of the
<br />r~pedive_partim.heseto. _ -
<br />IN WITNESS VPHEREOB, cud Mattgagor_~_ ha .XE._ hmettMo . hands the day acrd year first above
<br />- writibn.
<br />o r z -
<br />?triam D. ?'.amirez ~.;__>
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