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<br />79-) ' ~t)~'i-5fs:~ IVlt)R~'GAGE
<br />THIS [hiDENTURE, made this 5th day of_ October __ I9 79 by sad between
<br />Jerry L. Mayhew and Marie L. Mayhew husband and wife each in his and her awn ri ht and
<br />as spouse of the other; and Carl L. Mayhew and Susan A. Mayhew, husband and fe, eac~~
<br />in his and her own right and as spcuse of the other,
<br />of Nall County. Nebraska, as trmtkgegor 9 ,and Grand fslnnd Twat Company of Grand Island, a Corporation
<br />organirxd and ezistivg under Lhe Laws of Nebraska with its principal of£cce end place of business at Grand Iaiand, Nebraska, as mortgagee;
<br />W ITxESSETH: That se'w` mortgagor S , for sad in rnasuleratioa of the sum of ~._,~,
<br />Seventy Five Thousand and no/100 - - - - - - - - - - - - - -''•~~~$ ' 75,000.00 I
<br />Lhe receiat of which is hereby scimawledged, de - by these greaents mortgage and wat:ant. arito said mortgagee, its succeasora end assigns,
<br />forever, e~ the foibwiag described neat estate, situated in the County of _ Hal l
<br />sad State of xebraita, to•rtit: Lot Five (5) , Voss Subdivision of all that part of the East Half of
<br />the Southwest Quarter (EtgSWt~) and the l~Test Half of the Southeast Quarter (6A-~SE~) of Sectio
<br />Bleven (li), Township Eleven (11) North, Range Nine (9), West of the 6th P.M., lying South
<br />of Lincoln Highway, except that part conveyed to Nick R. Schnell and Alice B. Schnell by
<br />tJ3rranty Deed dated October 8, 1952, and recorded in Book 103 at Page 131, in the Office
<br />of the Register of Deeds of Nall County, Nebraska; and Warranty Deed dated June 8, 1455,
<br />recorded in Book 114, Page 251, in the Office of the Register of Deeds of Nall County,
<br />Nebraska.
<br />Subject to mortgage encumbrances, easements and reservations of record which grantee
<br />agrees to assume, including mortgages in favor of Nome Federal Savings and Loan
<br />Association of Grand Island, Nebraska.
<br />To~cha vritlt all htacmg, air tbmlitionmg, lighting. and phuahing equipment and fi:tutes, ixluding screens. awnega, storm windows and
<br />- - does, sad wmtlow ahsdes err hiinda, used oa or in ~,..-.rt;.,,, with said property, wbether the same ate sow bested on said property or hereafter
<br />phtoad thereon.
<br />TO HAVE r4NB TO HOLD THE SAME. together witb all aol ~ngulsr the tettemmta, haeditnments and appurteuatxes thereunto 6e-
<br />loggiog. or ie attyridp appertaiairrg, forever, sad warrant the title to the same. Said margagor~__heceby mvenent_reith a~
<br />ma1't~e that ~_ he ~ arP . at the delivery hereof. the }awful Ovemr~_ Of the premisav abOYe COIIVeyed apd deertibad.
<br />aa3. yFg awed of a good sad iade5eemble estate of inherflaaee therdn, five and c}ar of all eacwabreaces, and that_the~will
<br />aruraat. sad dec4mdahe titib theram forever against the claims s~ demands of sII petatsxv whomtocwer.
<br />PBUVIDED ALWAYS, sad thv imtrummt i+e:ecuted and delivered m secure the payment of the sum of
<br />Seventy Five Thousand and no/100 - - - - - - - - - - - - -~~~; 75,000.00 1.
<br />ertCh interest rhsatm, tr~etber wit:t sash rhargas sad ativanoas sa may be due std payable to acid mortgagee ands the terms sea caoditione
<br />- ~ adds pry aateaf ~ date herewith sad eecaed hereby, ezacvied by acid mongagar ~ to said mortga8ce. PaYabk as expressed
<br />_ aaet~i-mta, ama W sevens the pafo~asee of all the tame sad ooaditioaa coatamai thetda. The tc¢ms of said note see he•ebY mcwpotated
<br />iasem hY tlaie tell.
<br />It is rho inte~irm and egre®mt d the pasties hereto thak this mortgage shall also secare any future advancse made to said moRgagar.~
<br />by said aiortgttgae. and +nY sad aII itdehtethteav in additim to the amomi above stated which said mortgagors. err any Of them, may owe to
<br />aid tttu~a, htrweva evitlmad, whether h9 note. book aecoant or otherwise. Thin toortgage shall remain is full force and attest between
<br />the Pattie hereto and their hairs, pereoml reprt>sestatives, sutxa~ora sad aaaign+, until all amounts secured hereuruler, including future
<br />advanoa, are paid is fuL' vrith iutaest.
<br />?Su! ma[tSages~_ harder aesiga _ to aid mortgagee alt tattle sad ~ arising at anp sad aii times from said propor[y and
<br />3~eebx wt~ swirl mort~e ~ its agent, at its optirm, upon defatttt, to talcs charge of said property std coiled all tents and i>rm:e
<br />--~.=~ad-apt dce aaa-to the paym~t d intaeat. ptiaeipal, mattr>xe ptemitmts, rases, saeeasmeata. repass or improvemrmts
<br />aemessy #o beep said prapmty is taosase6le wtabtion, Q to other tbatg'es ~ pnp~ta provided for haeem m is the note hereby secured. This
<br />asst amt ahdt omtinoe in totes until the unpaid bahtnri of seal ixMe ie fully paid. The tnlring of poesa~ion heraund~ shall in no mamer
<br />- pna~ntuartard acid tnoetgagse ~ Tie oogectaoa d said stems by faedoetua or otherwise. _
<br />The faihteed tie aortgagae m aaeaet my d its tig~a hereoader at auy time shall ~ be coaattued ere a waive of its right W assert, the
<br />same at mq IS4er tfrtae, sad to ice, upm sad eufmae oomplie~ wi[ih all the terms sad provieituts of said note sad of this mottgsge.
<br />If said S shelf cave to be pad to aid mortgagee the Mire amwtnt due it herermdet, a~ wader the terms sad provisionv
<br />d said mte haeeiy aaoned, is ftrtore advataas, and. any oxteaaiona or renewaLv thexeof is arrmda>xe with the farms and provisions
<br />thaad,-sad $ said maelpyor 8 a6aG ootagtly teach oQ the ptovisioas al said mto sad d this mortgage, than these presertta shad be void:
<br />oif~is-wraimaAa ~ ~iataeadafiae[ 1®dsald matgageetihaN6seotitMd W the pmaeaion of all of said ProP~Y, eed my, d ilea option,
<br />deoLw the aripis of era! aaia and ail led~tsdOOa eepseseatad thetaby to be imnediacaty due sad payable, sad may forecbee this mortgage
<br />or tam up attar Legta aef3mEo ptahet.ita l~tt, Apped~mt waived.
<br />'l7ti• ~ aiafl6alg» tell tacav to the hem of the heir. esncvtwa. ~, euetaeeere sad aeaigrts of the
<br />~i+a~iaata.
<br />'.~ - +leia - - ~_ b. ~C@.. hazaanto aN - ~e1~ hand...~_the day and year first above
<br />an _ v - - e y -
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