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<br />79-- ~ ~) ~ 2 31 R/IORTCsACE <br />THffi INDEN9'URE, mode this 28th riey of June 19 79 by and between <br />Linda ;f. Rookstaoi and Kent Rookstaol, husba~td and wife, eactr in his and her own right <br />and as spouse of the other. <br />~ Hall „~, Cauaty, Nebraska, as mortgagor 5 ,end Grmd Islmd Trust Compsay of Grand Islssrd, a corgorstma <br />-a~¢enieed sad existing under the laws of Nebraska with its principal of:~e and place of business at Grand Isimd, Nebraska, as mortgagee: <br />WITNESSETH: That said mortgagor. s ,for sad in coasideratim of the sum of _ _ <br />**Six Thousand Rine Hundred Fifty-eight and 90j1QOthsk'~ , g54i ' <br />psi'-'~1 I. <br />tE:r recei of whrh is heteb ackaawted 7 .} t'-~. <br />pt y gad, do _ by these presents mortgage and warrant uatoastd.sanrtgege¢ -us.au~a- dsri~nd assigns, <br />forever, all the following described real estate, sicusted in the Councy of - Ha 1 1 - <br />oral State of Nebraska, to-wit: <br />The Westerly One-Fourth (W-1/4) of the ;Iortherly One Half (?1-1j2} <br />of Block Vine (9) in Windolph's Addition to the City of Grand <br />Island, Hall County, Nebraska. <br />Together with ail he itiag, air conditioning, lighting, and plumbing equipment sad firtures, including screens, awnings, storm windows aad <br />doors, and widow shs~s or blinds, used oa or is coaffictioa with said property, whether the same are now located on said property or hereafter <br />pta°ed thereon. , <br />TO HA1'B AND TO HOLD THE SAME, together with all and singular the tenements, hereditameats and appurtenarres thereunto be- <br />Imgiag. or in mywiae nppertnmbtg, forever, and wasrmt the title to the same. Said morgagor ~ hereby coveam[ ___ with said <br />mmigagee that ~ he , - arc: , at the deriverv hereof, the lawful owsser~_ of the premises above conveyed sad described. <br />sad are seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that t he~T will <br />eertarrc sad da[ead the title thereto forever against the claims and demands of all persons whomsoever. <br />PROVIDED ALWAYS, and Chia instrumentis ezetvttd sad delivered to secure the payment of the sum of _ <br />**Six Thousand tdine Hundred Fifty-eight and 90(l0f)ths** Do~lg_6~4~23 op 1, <br />with iatare~sG thereon. tegr~er with surS charges and advances 88 may be due and payable m said mortgagee under the terms end mnditfons <br />of the peomiaemy rote of eves date herewith a~ seeurod hereby, executed by said mortgagor s to said mortgagee, payab~ es ezntessed <br />m esid rote, sad to aewre the PEr#osmanoe of all the terms sect r~..,,.i;N.,n• contained thereitr. T'ae terms of said note are hereby isuergesated <br />hetam by this rafareace. <br />It is the iMeotion tact egreemeat of the parties hereto that this mortgage shall also seatre my future advana~ made to said mortgagor S <br />by riri mortgagee, and say and aD indebtedness m addition to tbe amount above stated whicL said mortgagors, or my of theta. may owe to <br />said mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage shall remain ro trill force sad effect between <br />the parties hertRO sad their hens, Personal rEpresarrtatives. suaessors oral assigns, unfit all amounts secured hereunder. including future <br />advances, era paid in fuG with interest.. <br />The mortgagors hereby esssgn - fo said mortgagee all rents and income arising et say and all times from said property and <br />hereby erstharixe said mortgagee or its ageai, at its option- upon default, W take charge of said property and collect all rents and income <br />; sad apply the rime to t~tc peyateai of latarssc. Pri r•i, insurance premiums, razes, asaessmenta. repairs or impmvemaata <br />necessary to keep said property is tenmtable madition, rs to other charges or payments providetf for herein or in the note hereby secarnd. This <br />rent eassgammt shall wntinue is €arca until the unpad balance of said note is fu-y paid. The taking of poss^ssion hereunder shall in rro manna: <br />gtwent or retatd said mortgagee in the cdleetion of said soma by foreclosure o< otherwise. <br />Thefaslare of the mortgagee to sataxt say ~' its rights hereander at atry time sha- not be mnatrtred es a waiver of its right to assert the <br />same at arty lagr time, and to imeist upon sad enforce strict maplisace with eY the terms sad grovi9ioas of askl role and of this srorfgage. <br />If said S shall cause to be paid to said mortgagee rice entire amount due it hereunder, and wader the terms zurd provisions <br />~ said mra hadsy eecared, irolnd-sag future edvaaes, and my extensions or renewals Chenrof in accordance with tbe terms and provisions <br />ihseof. ataf $ seitl mtet;sgor 8 sha8 oompiy with all the proviaiom of eat Hate s~ of Chia mortgage. then these Presents sheIl 6e void: <br />ethenrise to rain m foH:ioros std dfact, sad said matgagae shad be entitled m the goseassbn of all of said PmpertY. sad may. ai its option. <br />derLra the while ~ rid once sad all indebte~s rgrrr®tad thereby to 6e 'm....A;.mry due sad payable. ar+d may foreclose this trortgage <br />or take srq otl+er tagal xtian W protxt rte sight. Apprsieeoomt waived. <br />'Chia mmlgege shall be biadiog upon a~ shad enr¢a to the benefit of the heirs, ezewtors, edministretore, successors and assigns of the <br />Puttee berets. <br />- IN iSRTTIFBF ®VHEREDF, said ![artgsgorS-ha4e._harwnW sat their be~ s the day and year first shove <br />trlK.tau. - - - - - <br />9 ~ ~ <br />~a ._~ <br />efl as S no <br />