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<br />THIS INDENTURE, made this 13th day of .D~cPmhP-~ 191,.4_, by and between
<br />Kenneth P. Slouch and Joan M. Slough husband and wife, each in hie and her own r3g1~._
<br />and as spouse of the other,
<br />of Ha2~_.__County, Nebraska, as mortgagor_~, and Grand Island Trust Company of Gnnd Island, a corporation
<br />organized and existing under the laws of Nebnska with its principal office and place of business et Grand Island, Nebraska, as mortgagee:
<br />W iTNESSETH: That aeid mortgegor._S. _ ,for acrd in consideration of the sum of
<br />Six Thousand Six Hundred Ei>;hty Eight and 73/100 =- - - - - ~~~$ 6,688.73 1,
<br />the receipt of which is hereby acknowledged, do - by these prasenta mortgage and warrant unto said mortgagee, its aumessora and assigns,
<br />forever, ail the following described real estatb, situated in the County of Ha Y 1
<br />. and State o[ Nebraska, to-wit:
<br />Lot Twenty-Nine (2'3} in Saddle Clttb Subdivision in Hall County, Nebraska.
<br />Together with ell heating, sir conditioning. lighting, and plumbing equipme»t and fixtures, including screens, awnings, alarm wutdowa sad - _ -
<br />doors, and window shades or blinds, used on or in coattet7ioa with said property, wh€ther the same are now located oa said property ar hereafter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with all end singular the tenements, her+etiitaments and appurtetmncee thereunto he-
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgegor~s__hereby covenant~srith said ~
<br />
<br />---mortgagee that __..._~he.3r arc --._ , at the delivery hereof, the Lwful owcer-s._ of the ptsmiam abm~e conveyed arai deaen"bad.
<br />- .
<br />and__arP__._. ,..seized of a goal and indeieaeible estate of inheritance therein, free and ekur of aU encumbrances, sad tbat..C_ha~r-trig
<br />watraat and defend the title theretq forever against the claims and demands of all persona whomsoever. _
<br />1'RDVIDED P.LtVAYS, and thin irtsttuttxat is executt~ and delivered to secure the payment of tlta sum of _..~_ .-
<br />k?a~zdred ii~.hty E~eht~~00 _ s - - -.Daiiatsts .~ 6.688.73_ #.
<br />$;,~
<br />Thous~;:.'__.~::.
<br />._
<br />..
<br />with iatereet thereon, together with each charges and advances as may be due and payable to said rtartgagae under the terats sad coaditioas
<br />_ - __nf the promiss~~ note of eves date hamwith and secured hareb_y, aaecured 6y aeid mortgagor S F_ to said mortgagee, payal is sa ~spe~a~d_-- - - -
<br />ia aeid note, sad to secure the performance of sll the terroe sad wnditions contained therein. The farms of said note an harebY inrxporated
<br />h~win by this reference.
<br />It L the intention and sgteetueat of the parties hereto that this mortgage shall also eacuro any future advances made to aeid maigaggr.~._
<br />by said mortgagee, sad nay and ail indebtednems In addition to the amount above stated whirl. said mortgagors, or any of them, may owe to
<br />aeid mortgages, however evidanoed, whether by note, book account or otherwise. This mor[gege shall remain in full toms end effect between
<br />the parties harem and their heirs, personal representatives, aucceasors end assigns, until all amounts secured hereunder, including future
<br />advanoae, are paid is full with interest. ---
<br />The mortgagur_a_ hereby assign _~. to said mortgagee ell tents and income arising et any and all times from said propmty and --
<br />
<br />hereby wthorize anid mortgagee or ire agent, at ire option, upon default, to take charge of said property and collect al! rvats and income _
<br />'therefrom and apply the same to the payment of interest, principal, ineuntxx Premiums, taxes, aacxasmptta, r'eWln or improvetrtentta
<br />neoesaary to keep said proptrty is teoentsbin condition, or to other charges or payments provided for herein or in the tats hereby secured. This _
<br />root assignment shall continue in fpcce until the unpaid belanea of quid Hots is fully paid. The inking of poasessioa hereunder shall in no manner
<br />prevent or retard said tnottgagae in the coilectioa of said sums by faraclaaura or otherwise.
<br />Tha failure of the mortgagee to seeett say of its rights hereunder a4 any time ehaU not bs wnetrued ere a waiver of ire right to awargthe
<br />same at any later time, and to insist upon and erttwce strict ccmpllance with a!! the ternne and provisions of said rata sad of thin mortgage.
<br />if saW mortgagor s shall cauaa w be paid to said mortgagee the enture amount due it hetennder, and tmderthe tartna aml provisions- -°
<br />of said note hereby e~ttnsd, including future advaar~, and any axtansions or renawala thereof in accordastca with tits farms sad proviaione
<br />thereof, and if aeid mortgagor.-~._ shall c~tply with alt the provisions of said note and of tole irarigags, than these preaertW ehttll be void:
<br />othsrwise to retain in fall force a~ eHeet, and said mortgagee shall be entitled to rho poeesaaion of all of aeid property, and may, at its option.
<br />declare the whole of said Hate and all irulebtar>neas rePresanSad thereby to be immediately due sad payable, sad may foreclose thin mortgage
<br />,or take say other legal atction to protect Ira right. Apgraieemeat waived.
<br />This mortgage shall ba binding upon sad aha11 enure to the benefit of the heirs, e:ecutore, administrato:s, autxesaora and aaeigna of the
<br />rmpective parties hereto.
<br />IN WITNESS WHEREOF, aeid Mortgagor s ~ ve hhraunto ~_ theme it __.__hand s the dqy and year flat above
<br />written. ~ t ~ /J~' ".' f
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