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<br />THIS INDEN'I'f'RE, maids the 8th _,~y ~ e:- ,a ______~_. 19.Z.~_, t9' trod between
<br />Ronald H. Hansen and Elsie L. Hansen husband and trife, each in his and her own right and
<br />as soouse of the other.
<br />of Hall County. Nebraska, m mortgagor $ ,and Grand Island Trust Company of Gras:d Iaisad, a corperation
<br />organized and existing under the lawn of Ne6resicn with its prmdpai office a~ pl~e of buaimesa nt Grand Ial®d. Nebraalta, as
<br />WITNESSE.TH: T'nst said mortgngor_ ~_ -..for and in caasidezacion of the sum of
<br />seven Thousand Five ~lundred Ten and no/100 - - - - - - - - - X13 7,SZ0.0(f l
<br />the receipt of which is hereby aclcnowkdged. do ~ by tli~e presents mortgage end warrant unto acid moth BuCCAe6o
<br />,~,.s_rE ,.*~,fA._9pd,~s.
<br />forever, alt the following described real estate, situated in the County of _..-._ Hall - - -
<br />and State of Nebraska, to-wit:
<br />The Easterly One-Half (E~) of Lot Nineteen (19), and All of Lot Twenty (20}, in
<br />Block Six (6), in Ashton Place, an Addition to Lhe City of Grand Island, Hali
<br />County, Nebraska.
<br />Together with all heating, air conditioning, lighting, and plumbing equipment and fixtures, including screens, awnings, storm windows and
<br />doers, and window shades or blinds, used on or in connection with said property, whether the same are tww located on said property or hereafter '
<br />placed thereon.
<br />- TO HAVE AND TO HOLD THE SAME, together with all and singutar the tenements, hereditaments and appurtenances thereunto be-
<br />..longing, or is anywise appertaining, forever, and warrant Ghe title to the same. Said morgagor S hereby coveaant~with said
<br />-mortgagee that __t hey arN _ , at the delivery hereof, the lawful owner S of the premises above conveyed and described,
<br />-- :acrd art seized of a good and indefeasible estate of inheritance therein, free and clear of all eacumbrences, and that ~ he~will
<br />. - - '-Ratr~nt- atxl d~°2~l t~ tftla th~-et<, f~-evts against the claims and demands of all persons rrhoussoever.
<br />- - _-PROVIDED ALWAYS, end thin instrument is executed and delivered to secure the payment of the sum of
<br />-"+~~err _T$,2:aand Fiv;~ .AtiII$~f3d._'!'eit and na j 100 - - - - -_-_ Dtliats ]s ~ .510 ~ 00 1,
<br />_ with intzraat then, together with rich chargffi and advances as may be due and payable to said mortgagee ender the terms and conditions
<br />of the promissory note of even date herewith and secured hereby, executed by said mortgagor ~_to said mortgagee, payable as expressed
<br />is, a`aid rate, and i~ re the ;~sormaace of all the trams and eoadit~na contained s'serein. tae terms of said note era hereby iix~poratetl
<br />Vii. by this ~:~ r=e~.
<br />It is the iatentioa and agreement of the parties hereto that this mortgage shall also set9ire any future advances made to said mortgagor_..3_
<br />by said mortgagee, end any and all indebtedness in addition to :he amount above stated whic}, said mortgagors, or any of them, may owe to
<br />said mortgages, however evidenced, whether by note, book acrnunt or otherwise. This mortgage shell remain in fuI! force sad affect between
<br />the Partws hereto and their hairs, persona) represeaitatives, suocessors and assigns, until all amounts setvted horeunder, including future
<br />advanoea, are paid in foil with interest.
<br />The mortgagor~_. hereby assign _ to acid mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorize said mortgagee or its agent, at its option, upon default, to take charge of said property and collect elf rents and itieome
<br />_ thesnfrum and apply t'ne same to the payment of interest, Principal, insurance premiums, taxes. esseasmenta, repairs or improvements
<br />necessary to keep said property in tenantable caadition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />tent assignment shall continua in force until the unpaid balance of said note is fully paid. 1'he taking of possession hereunder shall in no manner
<br />prevent or retard said mortgagee is the collection of said auma by fnrerloeure or otherwise.
<br />The failure of the mnrtgagae to assert any of its rights hereunder at any Lime shall not be ironatnted as a waiver of its right to assert. the
<br />- same at any later time, and rn insist upon and enforce strict compliance with all the terms and provisions of said rto#e and of this rnortgege.
<br />if said marygsgor s ahcll cause to ba paid to said mortgagee the entire ruaount due it hereunder, and trader the terms and proviaiona
<br />of said note hereby secured, inrtudiag future advances, and ary exteneioav or renewals thereof in accordance with the terms and provisions
<br />thereof, e~ if aald m~tgs$ar s shall comply with ell the provisions of said note sad of this mortgage, then these presents shall be void;
<br />othaswias to retrain in full forte and effect, arai said martgagea shall he entitled to the possession of all of said Property, and may, at its option,
<br />dadara the whole of said note sad all iodebte8fxsn represented thereby to be immediately tine affil payable, and ttiay foreclose this mortgage
<br />or take any ot6eelegal action m protect i!n right. Agpraieament araived.
<br />This ttiortgap shall be binding.apon affil shall pure to the benefit of the hairs. euwtore, adminiatratore, successors and aaaigas of th®
<br />ieePattive patties he_ taro. ;
<br />IN WITNF;gS WHEREOF, said 9~ortgsgot s .lie ve ,~ ~. th h~ s
<br />-- riritten. - - - - -. - - y and year first above
<br />P.ottiald H. Hansen ~~'~
<br />{~'<-~ tt ~-~r..J
<br />Elsie L. Hansen
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