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<br />~{®RTGA-G~ <br />7s= Ut-4412 <br />THIS INDENTURE, made this 10th day of July 29 _7.1_, by and between <br />William A. Brown-and Christine M. Brown, husband and wife, each in his and her own right <br />and as soouse of the other, <br />of Hall County, Nebraska, as mortgagor s ,and Gmnd Island Ttuat Comparty of Grand Island, a corpantion <br />cganixed and esiating udfer the laws of Nebraska with its principal office and placeof business et Grand Ielead, Nebraska, es mortgagee: <br />WITNESSETH: That said mortgagor _.~.. ,for and in twnsideration of the sum of <br />Six ho sand S v n Hrndr d Sixty and no1100 - - - - - - - Dollars`(3`_ ~'7~ftt33 ~~~ 1. <br />rho receipt of whxh is ha~eby aolamwledged, do - by t}ceae presents mortgage and warrant unto said aartgagea; fts:sitc~ora!eed'a~eigns, <br />faraver, all the folkesrinfy dxacrihed real estate, situated in the County of - HAT.T. <br />a~ State of Nebraska, to-wit: <br />Lot Nine {9), Block Dne (1), Sothman's Subdivision, City of Grand Island, <br />Hall County, Nebraska. <br />Tr:gaths weth all heaiutg. air coaditionmB, lighting. and plumbing equipment and fiztvres, including screens. awnings. storm windows end <br />doors, sad window ahadm or blmda, used on or in connection with said groperty, whether the same are mw k>zated on said property or hereafter <br />P~ t <br />TO HAVE AND TO HOLD THE SArtIE, together with all and singular the tenements, hereditaments and appurtenances thereunto be- <br />~g@g, err is anywise appertaintog, forever, sad warrant the tits fo the same. Said tnorgagor~-hereby troverrant-with said <br />moeTgaaee that -..t. ~y_-BLS--. at the d-'ivory ~reof. t'~e isa3nl owner-@__ of the premises aLwve conveyed and described. <br />and_3~-seised of ~ good and indeltis;r'_x estate of ;~>m++rs~ce themn, free and clear of all encumbrances, and that ~ 1ar r~wili <br />warrant end defer the title thereto forever against the claims and demands of all persons whomsoever. <br />PROtiZD£D ALWAYS, a~ this ;es+n•+~+r is executed and delivered to secure the ~yment of tfua sum of <br />Sin Thousand Seven Hundred Sixty and noJ100 - - - - - - - ~,oyarsls- 6,760,00 l• <br />with iffiareeY thrreoa, together with such cbar'ges s~ advances ere may be due and payable to saw mortgagee u~ the terms and conditions <br />~ iIr promissory mte of even date herewith mad secured ~reby, executed by said mortgagor ~ to said mortgagee, payable as expresse+t <br />m saw note, and to sauna the paforaunce of aL' the terms sad oonditioas contained therein. Ths terms of said note are hereby incorporated <br />herein by this refaeace. <br />It is the iateation sad egtar~^* of the parties herein that this mortgage shall also sentre ard° future advanoae made to slid mortgsgor~ <br />by said mortgagee. and any and aB indebtedness in additim to the amount above stated whicL said mortgagors. or any of tffim, may owe to <br />said mmtgagce, however evidentad, whetlear by mte, book account w otherwise. This mortgage shall rnmain in full forge and effect between <br />the parts hereto and their heir, petaoml representatives, successors and assigns. until all amounts setvred hereunder, mdudiag future <br />adva~. are paid in fut2 with intaeat. <br />The tnatgrgflr~_ hereby ~ - m said mortgagee ell rents and income arising at any and ell times from said Property acrd <br />hereby authorve mid tnnetgagee or its agent, at its opts, upon default, to take charge of said propeY.y and collect all rents and income <br />therteom a~ apply the arms w the paya»et of iaterrac, primipat, in .~ p•~^•%sms. taws, assesameata, repairs or improvements <br />naoesaary to Icaep said property in r~...nr.hle condition, er to other charges err pnvmeats provided for herein or in t~ m[e hereby secured- This <br />rest eaaigm~t elsall emtinae in force until the unpaid baLnoe of said mte Ls fully paid. The [eking of possession hereunder shall in m manner <br />paevmt err [:said said is the t+odlectsro ~ snag sums by ~recloenre or otherwise. <br />The [slime-of the mortgagee ra asset say of its tights herder of any time shell >mt be conatrutd as a waiver of its right to assert the <br />sarnr at say later time. and to insist ugoa a~ enforce strict tvmmPt' with all the terms and provisions of said mte and of this mortgage. <br />iE said nmrtpgor s shall caaae to he paid to saw mortgages the satire amount due is heeeunder, and ands the terms sad provisions <br />of acid safe hereby eecared, incMd<ng fnhtre edvar,cea, aml say exte»sions or renewal9 thereof in acrnrdaace with the terms and provisions <br />therrof, a~ i1 said mortgmgor 8 atoll campiy with nl! the provienns of said note end of this mortgage, then these presents shit be void: <br />t#~w-ssa to its a f~ ~ arrleHe: t, sstfaas,' morig~ae a.`s22 bs~:.it'.ed to tkF paascs~a of aif of aa~ pmpratY. nr-d may. at its option. <br />dedatr the whet a<acid mTa and aD twprasmtad thereby to be ima,ediatety clam and gayehk, sad may foreclose this mortgage <br />err tare aa~y oEh~ legal active to protect its rig1N.. A{spreis~at. waived. <br />Thfs moetgage ahafl be hioditrg tspm and shall emtre to the beaefia o! the hen. executor, adminiatntun. aucceaaon and assigns of the <br />)~ ~- <br />1N iYITNS85 VdHERESOF, esid Mortaagar 8 he ~e_ tteteuato sat their h,nd 8 [fee day and Year feret above <br />written. <br />~ /~~~«a• <br />W 1 am A. rotes <br />r stine M. Brown <br />