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<br />7~-a.; ~~~'d~~~~ NIOR~~AGE
<br />THIS INDENTIIftE, made this 2bth day of Nove~be;L .19..72, by sad betweer,
<br />Jack C. Rodpaill and Janice L. Rodpsill., ht:sband and wife, each in his and her ova
<br />right and_ as sootrse of the ether.
<br />of Hall County, Nebreslta, as mortgagor ~ ,gad Grand Island Trust Company of Grand Iebmri, a corporation
<br />organized and existing under the laws of Nebraska with its principal office gnu place of business at Grand Island, Nebraska, as [nartgagae;
<br />W ITNESSETH: That said mortgagor S _ ,for and is consideration of the sum of
<br />**Ten 'Thousand Four Htmdred Seventy-five altd l3o/1Q4ths** DollarsifL~&75.Ot1 1,
<br />the receipt of which is hereby acktmwledged, do - by these presents mortgage and warrant unto said mortgagee, its successors and assigns,
<br />forever, all the following described real estate, situated is the County of
<br />y end State of Nebraska, to-wit:
<br />Lot Eight (8) in Block Five (5) in Russel Wheeler's Addition to the City of
<br />Grand leland, Hall County, :Jebraska.
<br />- Estt
<br />Together with alt heating, sir conditioning, fighting, and plumbing equipment and fiatures, including screens, awnings, storm windows and ?S
<br />doors, and window shades or blinds, used on or in connection with said property, whether the acme are now located on said propMty or hMeafter f~~ft
<br />- _ - pieced thereon. }i
<br />~f
<br />7'O HAVE AND TO HOLD THE SAAfE, together with ell and singular the tenements, hereditaments and appurtanareea thereunto 6e ~~
<br />_ fonging, or in anywise appertaining, forever, and warrant the title W the same. Said morgagor _~_ hereby covenant __ with said s
<br />mortgages that _.-t hey 9rP , at the delivery hereof, the lawful owrer._~ of the premises above conveyed gad described,
<br />and are __ seized of a good and iadefeesibte estate of inheritance therein, free and clear of ell encumbrances, and that t he,_y._will ~~
<br />wartvnt and defend the title thsrety forever against the claims and domande of alt persons whomsoever.
<br />~;,
<br />i=ftOVIDED ALWAYS, gad this instrument ie executed and delivered to secure the pamrent of the gum of s
<br />**r..n rtth_~~oand Four u,•ndred Se ^t;'-five and *io,l'utuths*#1~alla:-si~ lIf,Y7~.J~ _ .~.~. ~_
<br />--- -with intermit thar~a„ together w_th -euch.civt+ges and advan+~s as may L~ due a~ payab~~: a said r~~atg t~fer t!~-€°~s and-MSadi€ioa9- ~
<br />of the promissory note of even date herewith end secured hereby, executed by said mortgagor t'L_to said mortgagee, psyabie ea expraased
<br />in said ante, and w secure the performance of all the terms gad conditions contained therein. The farms of said note are hereby incorporated e
<br />h~eht by this reference. ?~
<br />It is the intention and agreement of the parties hereto that this mortgage shell also secure any future advarxes made to said mortge~got3~
<br />by said mortgagee, and any end alt indebtedness in addition to the amount above stated which said mortgs¢ors. ~- any of them, mty owe to
<br />- eeid mortgagee, however evidenced, whether by note, book acrnunt or otherwise. This mortgage shall remain in full Force and effect between
<br />the parties hereto and their heirs, personal repreaentntives, successors end assigns, until aIl amounts secured hereunder, i.-rcludiag future
<br />advances, are paid in fuL' with interest.
<br />TRe mortgagor_~._. hereby assign _-to said mortgagee aU rents and income arising at any and all timm from said property and
<br />hereby authorise srid mortgagee or its agent, at its option, upon default, to take charge of said property and collect aH rents and income
<br />therefrom and apply the Hama to the payment of interest, principal, insurance promiuma, taxes, assessments, repairo or impravemente
<br />nocessary to keep said property in teaanta6le condition, or to other charges or payments provided fox herein ar in the note hereby secured. This
<br />rent assignment shall continue in force uaW the unpaid balance of eeid note ie fully paid. The taking of poaeesaion hereunder shall in no manner
<br />prevmtC ar retard. said mortgagee in the collection of said soma by fotvclaeure ar otherwise.
<br />Tha failure of the mortgagee to assert any of its rights hereunder et any time shntl not ba construed as a vetiver of its right to assarb,the
<br />same at any Teter t;mo, and to insist upon end enforce strict rnmplfaace with al! the terms and provisions of said note and of thin mortgage.
<br />if said mortgagors shall cause to be paid to said mortgagee the entire amount due it hereunder, and under the teens and provisions
<br />of said ante hereby aecuaed, including #uture advances, and aqy eztaaefona or reaewale thereof in accordnnee with the terms and provisions
<br />- - - thaieof, and if said mortgagor 8 ahtil comply with all the provisions of said note amd of ybis mortgage, then these presents-shell be void:
<br />othatwiea to remain in full force end effect, gad eeid mortgagee shell be entitled to the poeeeesion of all of eeid property, and may, at its option.
<br />derJare the whole of said note tad-ell indebtedaear reprematad thereby to be immediately due and payable, and cony foreclose this mortgage
<br />ar take any other regal action to protect its tight. Appraieement waived.
<br />Thin mortgage shaft be binding uparr and ahdl enure to tl~ benaflt of the heirs, executors. admiaistretora, successors and assigns of the
<br />respective parties hereW.
<br />IN WITNESS WHEftEUF, said Ddartgagor $__ ha ~erartnto set t•hei r hersl9. - the day and year first above
<br />written. -
<br />L.
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