|
<br />THIS INDENTURE. made this ^15th ~ day ~ NOVearber ~ , 19 79 _. by and between
<br />T3ale I.. Kristz and Susan K. Krotz, husband and srlfa, each is hie and her trW^_r~t and
<br />as spouse of the other,
<br />of Hall .County, Nebzaska, as mortgagor S ,and Grand Tslend Trust Company of Grand Island, n carporatian
<br />organised and existing under the laws of Nebraska with its principal office and place of bueinesa at Grand Island, Nebraska, ae mortgages:
<br />rVITNESSETH; That said mortgegor_S ,for and inconsideration of the sum of ~ , ~,
<br />**Two Thousand Nine Hundred Ttaenty-seven and 12/1GOths** ~~ ili}~' 9_,~_,~~2~_ 1
<br />the receipt of which is hereby aeamwledged, do _ by these presents martgage sad warrant ntno aekl mari~gee. iRe ark sau3 assigns,
<br />farever, all the foilawing described real estate, situated in the County of ~ Ha 7
<br />~- and State of Nebraska,t,o-wit:
<br />Lot Three (3), in Block Eleven (11), Charles Wasmer's Addition to the Tosco,
<br />Nov City of Grand Island, Hall County, Nebraska.
<br />~_ " t_ ~_
<br />Togethez with all heating, air conditioning, lighting, end plumbing equipment and fixtures, including screens, awnings. etorar windows and
<br />doors, and window shades er blinds, used on or is coanectioa w<_ch said property, whether the same are now localxd on said property or hereafter
<br />placed thereon.
<br />' TO HAVE AND TO HOLD'THE SAME, together with all and singular the teaementa, hereditaarents end appurteaaneee thereunto be-
<br />longing, ar in anywise agpertaining, faraver, and warrant the title to We same. Said morgagor_Ji_hereby covenant-with said
<br />t jj~~1 ., rtmrtgagee that __"_t hsy__.__"_.arP , ac the delrvary hereof, the lawful owner ~.-Y. of the peemisea above conveyed and described,
<br />" ~? anrl_~L.~ __ seized of a good end indefesaib[e estate of inheritance therein, free and clear of a?I encumbrances, and thatG~lw.~C.-will
<br />warrant and defend the title thereto Earever against the claims nod demands of all persons whomsoever.
<br />- ~ PROM DED ALW AYS, and thin inatrv~nt is executed sad delivered to secure the payment of the aura of ~_
<br />*T~o Ti:ottsand Nine fft:adred Ttaenty-seven and i31i0t~ths*'~O>lar3ts 2 32J.1? ~ t.
<br />:t;? iafer~t t~s, tagetla~ w..h s°..::: cl:a.~ ami advances as may be dun and Payable se said taert~~ v~~ ~~ ems sari
<br />R _-.--.oi the pramrasory rate of even date herewith and secured hereby, executed by said mortgagor _-~„~to said-mortgages.- pnvabi$ia az~aed-----
<br />ia said rate. and to secure the performance of ell the terms and conditions contained therein. The terms of said note ere hereby incorporated
<br />hetoia by this reference.
<br />I[ is the intention and agreement of the pertiee hereto that this mortgage shall also secure any future advances made to said mortgagot9~__.
<br />by said mortgages, sad any and all indebtedness in addition to the amount above stated whit}, said mortgagors, ar any of them, may owe to
<br />said mortgagee, however evidenced, whether by note. book accouet or otherwise. This mortgage shall remain in full force and effect between
<br />the parties hereto and their heir, personal tepresaatatives, suueasors and assigns, until all amounts secured hereu~er, irxiuding future
<br />t advances, era geid in fuL' with interest.
<br />~ The mortgagorB.- hereby esaign _- to said mortgagee alt rears and income arising et any and all times from said property and
<br />I~ hereby authorize said mortgagee or its agent, ac its option, upon default, ca cake charge of said property end collect all rerYSS and income
<br />~~ therefrom and appiy the same to the payment of interest, principal, insurance premiums, taxes, nseasemcnts, repairs or imprnvementa
<br />naceesary to keep said property in tenantable condition, or w outer charges or payments provided For herein or in the note hereby secured. This
<br />~. ~~ ran*_ assignment shall continue in farce until the unpaid balance of said note ie fully paid. The caking of possession hereunder sfrall in no meaner
<br />prevent ox retard said martgegae in the collection of acid some by foreclosure or otherwise.
<br />` The failure of the mortgagee to assert say of ire rights hereunder at any time ahaU not be construed ee a waiver of fta right to aaanrc the
<br />same at any later time, sad W ineiat upon sad enforce strict cempliaace with all the terms and provisions of said note sad of thin mortgage.
<br />_ ~ _ - If said mortgagors shall ~uaa to be paid to said aangages the entire amount dun it hereunder, sad under the terms and pmviaians
<br />?~ of said note hereby aeeured, iaduding future advaacae, arm any exietreiona or renewals thereof is accordaoca with the terms and provisions
<br />t.
<br />~' thereof, sad if acid mortgagor ~_ shah comply with aL the provfaions of avid note and of thin mortgage, then these presents ahaii be void;
<br />~} etherwiss W :nmaln in full force end effort, and said mortgagee ahaU to entitled to the poeseeaioa of all of said property, and amy, at ire option.
<br />{ declare the whole of said note sad eB iadabtedaasn relented thereby to be immetUately due sad payable, and may foreclose this mortgage
<br />~' or Grke nay other legal actdon to protect its right. Appraieemeat waived.
<br />i*
<br />This marCgage ahaU ba binding npoa aqd shell enure.to the 6eaefit of the heirn,,executora, administretore, sucosasore and asaigne of the
<br />_ reepeetiva parties harato;
<br />~, ~_-~ ~_hereunto s~ their .. ~ `head sue- the day and year firer above
<br />' IN WITtiE93 WHEREOF'. said I+d
<br />written. j"'4 ~ _,_
<br />
|