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~~-- ~C~~21~ Id~~~'T+G~4GE
<br />THIS INUENTUIIE, made this bth day ~ Au$usC _~_. 19 79 by and between
<br />John C. Hollowell and Dorothy I. Hollowell husband and wise each in his and her own
<br />right Arid na crsnr~aP of i3an n~g~
<br />of H~1 County, Nebraska, ae mortgagor 8 , aad Grand Island Trust Company of Grand Isla, a corporation
<br />organized and eaisti tg under the taws of Nebraska with its principal office and place of 6ueinesa at Grand Island, Nebraska, as mortgagee:
<br />W ITNESSETH: That said mortgagor $ ,for and in consideration of the sum of
<br />**Seven Thousand Five Htmdred Ten and No/100ths**
<br />Dnllsrs (.~ 7 , 510.00 ! •
<br />the receipt of which is hereby acknowledged, do - by these presents mortgage and warrant unto said mortgagee, its successors and esa;gns.
<br />forever, alt the following described real estate, sitaated is the County of ___ Ha 11
<br />a State of Nebraska, to-wit:
<br />Lot Twenty-five (25) in Block One (1) in Morris Addition, an
<br />addition to the City of Grand Islaad, Hall County, Nebraska,
<br />as surveyed, platted and recorded.
<br />Together with sU heating, air tronditioning, lighting, and plumbing equipment and fisturea, including screens, awnings, storm windows aad
<br />doors, and window shades or blinds, used on or in connection with said property, whether the same are now totaled on said property or hereafter
<br />placed thereon. lr
<br />TO HAVE AND TO HGLD THE SAIvIE, together with all and singular the tonements, hereditamenta and appurtananees theteunw be•
<br />longing, or in aaywise appertaining, forever, and warrant the title to Cho same. Said morgagor _B _. hereby covemnt -___ with said
<br />mos~gagaa that t _. ho y._._.~z~.._..r,____. , at the delzvery hereof, the lawful awnar~-_ of rho premises elwve convaye$ and dcatribad,
<br />a~I _ 32'e _ _ , aeirxd ~ a good stet iadefeeafble estate of inheritance thororn, irce and [leer of all eneumbrancea, ate that ~ -~~wil1
<br />warren[ and defend the title thereto forever against the claims and demands of all persons whomscevar.
<br />PROM I?EI> ALW AYS, and this instrument is eAecuted and delivtsred tp secure the payment of the sum of _~ yy-__~ -s~-z_
<br />**Setrea~ 'lhot~std dive I%t~tdr~d Tgn and Nntl00t~xs_*_* _. -. l~llarsf=.-t~~10.00 ;.
<br />with int~av~t ~, ~~- ~~th - -- _= a..d adv^'"'- as Wray be d-ua a.ai payable tc. said coo€tgs urd€r ~~ t~° arrd ~~
<br />of the: proraiaaary nsto of even derv herewith ern! seeur~l hereby, esacuted by said mortg-air? ___ to said mortitaga;. ia3°:h3a as
<br />io said lusts, and to aecttre the performance of ail the larm+ and conditions contained therein. Tho terms of said note are hereby incorporatod
<br />haeeirt by this reference.
<br />It is the intention and agreerneat of the parties hereto that this martgsge shall also soture any future advances made to srid mortgagor._fl_..
<br />by said mortgagoe, and any aad all indebtedness in addition to the amount above stated which said mortgagors, or any of them, may owe L<i
<br />said tatsrtge$ee, however evidetrced, whether by note, book account ar otherwise. This mortgage shalt remain itr full form end effect between
<br />ills parties hereto and thew heirs, personal representatives, successors and assigns, until ail amounts secured hereunder. irteluding future
<br />edvsnr~s, ar paid in fuL' with interst.
<br />The mortgagor#,..-_ hereby assign __ __ [o said mortgagee all rants and income arising ae env and alt times from sazei propd-ty and
<br />hereby authorize Bald mortgagee or its agent, at its option, upon default, to take charge of said property and collert all rants and incorrw
<br />t-rar°efrom and apply the some is the paymettc of Interest, principal, insurance premiums, [axes, aaseavments, repairs nr improvements
<br />necossary to keep said property in toaantable condition, or to other charges or payments pro~~ded for herein or in the noW hen:bs- soured, This
<br />rani assignmene shall continua in force until the unpaid balance of said note L fully paid. The takinb of possession hereu~er shalt in no manner
<br />1~ a' r'etatd sskl t~rtgagee is trite coltacthsn ed raid soma by foaeeloeure ~ otherwise.
<br />The faRure of the ~rtgagae Ro assert any of its rights hereunder st any time shall not be construed as a waiver of its right to assert., the
<br />tame at any Islet thna, and to insist upon and enforce strict compliance with all the terms and provisions of said data and of this mortgage.
<br />If sew mortgagor ~ shall cause to be paid to said mortgagee the entire smaunt due it hercondor, atul under the terms and provisions
<br />of ssaf nnta hereby sstmaad, ixxludlag futuro advances, and any extonaians or renewals therenf in axordaaca with the terms end provisions
<br />tbetawf, and if said moetdgatgor _ $ shell comply with all rho provis~ne o! said note and of Chia mortgage, then these presents shall be void:
<br />othsrrrlse W rcoadttiniuU force oral effea.l, amt raid mortau6ws shall be entitled [n the pmawsainn of all of said property, and may. st its option.
<br />d+~Iaw tl'~ whole of said torte amt all iaddrtadtxaas repreaentad thereby W 6a immtdiaterv due and payable, and may forerloae this mortgage
<br />or take asy oLhar lt;al cation to pralect ire. right. Appzaiaement waivtd.
<br />This surrfgege shell be biadiog ttpoa sod shall solos to the 6ene8t of the heirs, ezecutora, administrators, sueecosore and assigns of the
<br />tespeetiva parties hereW:
<br />IN WITNESS WHEREOF, saw Mortgagor_~._ ha _~_ heretnto and8,__the day and year first above
<br />written. / %~~,"~`~ p ~;-(y/•' ,,~7
<br />G,~iR9~i+x ~~r'r~",~. ~PY•-~-a..+,~J ~ Ham"
<br />~- k
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