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<br />MORTGAGE
<br />79--®5643
<br />THIS INDENTURE, made thin 30th day of August 19 79 , by and between
<br />Thomas J. McAloon and N. Audrey McAloon, husband and wife each in his and her own right ~.
<br /> and as spouse of the other,
<br /> of _ Hall -eoanty, Nebraska, ae mortgagors ,and Grend Island Trust Company of Grand Island, a corporation
<br />F organized and existing under the laws of Nebraska with its principal office and place of business at Grand Island, Nebraska, as mortgagee;
<br /> W ITNESSETH: That said morLgagor_S ,for end in consideration of the sum of .
<br /> Six Thousand Fifteen and no/100 - - -
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<br />015.00
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<br />t the receipt of which u hereby acknowledged, do _ by these presents mortgage and warrant unto said mortgagee, its auccaeaora and assigns.
<br /> forever, all the following described real estate, situated ;n the County of _.._ ..._ ______.__ Hall
<br /> and State of Nebraska, to~wit:
<br /> Lot Seven (7) in Block One (1) in Parkhill Subdivision, An Addition to the
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<br />r City of Grand Island, Hall County, Nebraska.
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<br /> Together with all heating, air conditioning, lighting, and plumbing equipment and fixtures, including screens, awnings, storm windows and .
<br /> doors, end window shades or blinds, used on or in connection with said property, whether the same are now located on said property or hertrfter ~
<br /> pieced thereon.
<br /> TO HAVF. AND TG HOLll THE SAME, together with all and singular the tenements, hereditaments and appurtenantw thereunto be-
<br /> tanging, or in anywise eppennining. forever, and warrant the lilts to the same. Said morgagor.. s _.. hereby trovenaai -with said
<br /> awrtgagee that they -ass-.- _ __. , at the delivery hereof, Che lawful owner ~__. of the premises above rnaveyed and described,
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<br />` arui_ _ are seized of a goodand indefeasible assets of inheritance therein, free and clear of ell eneumbrenees, and chat~he}C_wiil
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<br />}- PROV IDELi ALWAYS, and this instrument ie executed and daUversd to secure the peytnent [af the sum nf _.~.-_..-.__.~~_._..__.,........_..
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<br />~.~2{...Th.4ltst?nt~_ FAT-I<~~n. _~d._no j I OQ---.- --__-- _ -__-_..w . _.- ~._- DoUsre tft ___~..Q1~,.,QO 1, n
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<br />~ with interest thereon, together with such charges and advances as may be due end paysb}e to said mortgagee under the terms artd cortdit~na
<br />~ - of the romiasa note o[ even date herewith and secured hereb executed h said mort or a to avid mo
<br />P ry' Y, Y gag rtgpgae, iwyahle as expressed t
<br /> is said caste, and to aact[ro the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporetad
<br /> herein by this reference.
<br /> It is the intention and agreement of the partiro hereto that thin mortgage ahnU oleo secure any future advances toads to said mortgrgor~_
<br /> by said tnartgagee. end any and oU indebtedness in addition to the amount above stated which said mortgagors, or ar~v of thaw. may owe co
<br /> safd mortgagee, however evidencaf, whether by note, book account or otherwise. This mortgage shall remain in fuU force and effect between
<br /> the parties hereto and their heire, prrsonal repreaert[ativea, auceesaore and assigns, until all amounts secured hereunder, including future
<br />r advances, acs paid in tuL' with interest.
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<br /> T~ mortgagor- _s. hnroby assign __.. to said mortgegce all renCs and income arising at any and all those from said property sod
<br /> hereby authorize said trtortgagee or Its agent, at its opiinn, upon defeulh to take charge of said property and toile-et all roots and [stoma
<br /> therefrom and apply the same to the paytrwnt of interest, Principal, insurance premiums, taxes, annesemanta, repairs or improvetnenta
<br /> natwasery In kenp said property in tenantable [vtndition, or to other charges or payments provided for heroin or in the nowt hereby secured. This
<br /> ren4 aaaignmvnt shall cantinas itr tones uattl the unpaid bataatx+of and note is tally paid. Tha taking of posaassian herwttuiar atwll in na manner ~
<br /> prevent or retard esdd mottgagss is the collactiou of said some by forec(wure or otherwise.
<br /> 1'he failure of the mortgagee to eessri any of its rights hereunder at any time shall sot bo mnatrued a e waiver of it» right to assert. the
<br /> same et any later time, and to insist upon and enforce stria compUance with all the tarns and provisions of said note and o[ this mortgage.
<br /> If said mortgagor s shall catcw to ba Psi to said aarrt,gagsa the entire ameunt due it hereunder, and under the tsmLa sad proviaioae
<br /> of said Hate hereby aerated, including future advaacea, and any estenaionn or renewals thereof in aceordunce with the terms and provisions i
<br /> thereof, sad If said mortgagor ~ .~_. shell comply with a!1 the pmviaiotts of said note and of this mortgage, then these presents shall be veld:
<br /> oLharwiee to remain is fall Mrca sad oNact. and saki tortgagee shall be entitled tq tGe possession of all oC paid property, and may, at its option,
<br /> declare the whole of acid note sad all indahtedttess repreeeated thaeeby to be Immediately due and payable, and may forecktee this mertgage
<br /> or take say other k+gal action to peW,ect its right. Apprsiaemeat waived.
<br /> This tnortgege shall be binding upon sad shall oaure to the benefit of the hairs, e:ecv[nre, adtttinietxaWre, auccoespre and saelgnn of the
<br /> respective pollee herew.
<br /> ' [N WITNESS WHEREOF, said Moetgagor S . bev~._ hereunto set._.their __ _ hand __ s .the day and year firet above
<br /> written.
<br /> ~ / ~ t ~4 l~. ~'fst
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<br /> NN Audrey
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