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<br />~'IIIS ZNDENTURIE, made this -8th ~y of September - . t9 ~~ by aad between
<br />Prudence A. Merrick, an unmarried person
<br />of Hall County, Nebraska, as mortgagor~..__, sad Grand Island Treat Company of Grand Island, a carporetion
<br />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 mortgagor _ . ,for and inconsideration of the sum of
<br />- ~..'
<br />**Five 'T'housand Ten and NoJ100ths** ,I?p7(}x~'Ii ~~a~~a I
<br />the rrxeipt of which is hereby acknowledged, do _~ by these presents mortgage and warrant unto ~iEFmo~•tga`ge"ri its sure and assigns,
<br />,<:_
<br />forever, all the following described real estate, situated in the County of _ Ha11
<br />and State of Nebraska, to-wit:
<br />Lot Fourteen (14) in Argo Second Subdivision Comprising a Part of the
<br />South Half (S-1/2) of Section Five (5), Township Ten (10) North, Range
<br />Ten (10) West of the fith P.bi., in hall County, :Nebraska.
<br />Together with all heating, air conditioning, lighting, and plumbing equipment and fizturea, including screens, awnings, storm windows and
<br />doors, and window shades or blinds, used on or in connettion with said property, whether the same am now located on sold property or hereafter
<br />'placed thereon,
<br />TO HAVE AND TG HOLD THE SAME, together with all and singular the tenements, hereditamenta and appurtenances thereunto be-
<br />kurging, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor _._-_ hereby covenant..s._._ with said
<br />- _ _naartga$ee that ---~- ha _ ~ -, at the delivery hereof, the lawful owner- -- of the premises above cxtnveyed and described=
<br />;~
<br />and..-. _i~ .. ._ _ seized of a good and indefeasible estate of inheritance therein, free and clear of ail encumbrent~s, and that~ihe____will
<br />warrant and defend the title thereto ioreyer against the claims and demands of aU persons whantaoever.
<br />PRf7VIDED ALW A.YS, and this instruxnen€ is aseeuted and dolivermd to re €tse payn:en€ of the sum of -,._~ ..__~~.~__ ~~~.
<br />-rive ~hcusane 'ten end vo/tf30thsRR _._.__ Da:larsls~,.~~~.~~ _.____._ __....____._l,
<br />~ltlt in`cr~i~t tses~~on, iageituir with such ehnege~ and a.#vanes3 as may ~ dtua arm ~yahle to aa~ ~eigagse u~~ the te~u~ arsd i~nc~liia
<br />of the promissory Hate of even date herewith and secured hereby, executed by said mortgagor --~ _ to said mortgagee, payable ae exprt~set
<br />in said oats, and to secure the performance of all the terms and conditions contained therein. The term+ of said note are hereby incorporated
<br />herein by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage ahcdl oleo secure any future advances made to acid martgagcr__
<br />by said mortgagee, and any and aU indebtedness in addition w the amount shave stated whist, said mortgagors, or any of them, may owe io
<br />said mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage shall remain in full force and affect between
<br />the parties berets and their heirs, personal repreaentativ[sa, successors and assigns, until s{I amounts secured hereunder. including future
<br />advances, are paid in full with interest,
<br />'I`he sturrtgagcr ._ _.. hereby cosign s.. w salt! r^.ortgagae sit rents and income arising a€ any and all titnea from said pmperty and
<br />hereby authority said mortgagee or its agent, at ice option, upon default, to take charge of said property and collect all rents and income
<br />tharefrorn arul apply rho acme to the payment of interest, principal, insurance premiums, taxes, asseaamutte, repairs or improvements
<br />r+ecnasary w keep said property in tenantable arnditian, or u, ether chargav or payments provided for herein or in the note hereby secured. This
<br />sent nsaigrunant shalt continue :n force uaci! the unpaid 6alancei of said tww is fully psxi. 'Cho taking of pueaeasiun hereunder shall in !to manner
<br />-prevent ar tetard saitf mortgages la the caUsctioe of acid soma by toraclaaure ~ otherwise,
<br />The failure of the mortga,'tee to assert any of its rights hereunder et any time shall not fie construed as a waiver of ire right to assert the
<br />sat-its et any lats~ time, and to insist upon arrd snforrs strict camplianee witlr all the terms and pravfslpua of said note and of this mortgage,
<br />Ii said mortgagor shall cause to be paid to said nortgagee the entire amount due it hereunder, and under the terms and proviaiona
<br />of said note hereby secured,inclr~ing future advances, and any extensions or renewals thereof in accordance with the terms and provis~ns
<br />th~aof, e~ it said mortgagor -shall rotnply with all floe provisions of acid Hate and of this mortgage, than these presenua shall be void;
<br />otharwiss to remrwt io full force and meet, anti said mortgages shell be entrtlad to the poaeession of aU of said property, and may, at its option,
<br />declare the whop of said Hots and aA iadebteduess repraeanted thereby to fie lmmediateiy due and payable, and may forrxloea this mortgage
<br />or take soy other legal action to protaM its right. Appraiae~nt waived.
<br />This mortgage shell be binding open and aha11 entae to the benefit of the hairs, e:ecutora, sdmiaistraiore, aucaeesore and assigns of the
<br />respactiva partk~e herota.
<br />IN WITNESS WHEREOF, esid h4ortgagor____ha~__herottnt~t. _,_.,_6and_____the day and year first shove
<br />writWn: "'
<br />Prit nce A. *lerrick j
<br />~,
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