<br />THIS INDENTURE, made this 2nd ,may ~ Januar~__ -^__ , t9 8D _, by and between
<br />Kenn~h l,- Christman and Jean M. Christman~~ur~hand an_d ,.rife, perch in hta and bar
<br />right ,~g5j as spouse of the other, _
<br />of Hall _,_County, Nebraska, es mortgagor~.._, earl Grand lele>td inlet Company of Grand la1a~, a corporation
<br />organized and existing under the laws of Nebraska with its principal office and piece of business at Grand Island, Nebraska, as mortgagee:
<br />W ITNESSETH: That said mortgagor _S ,for and in considcaatioa of the sum of
<br />Three Thousand Six httndred Seveat~x Three and 95f100 - - - - - ~refm__3_t673.45 1,
<br />the receipt of which is hereby acknowledged, do _~ by these presents mortgage and warrant unto said mttrtgegee, its aucceasors and~asaigns,
<br />forever, ell the following described rest estate, situated in the County of ___ Fia 11 -
<br />and State of Nebraska, io•wit:
<br />Lot Fifty-Five {55) in Buena Vista Subdivision, an Addition to the Citv
<br />of Grand Island, Hali County, Nebraska.
<br />- Together with all heating, au conditioning, lighting, and plumbing equipment and fbciures, including screens, awnings, storm windows and
<br />- .doors, and window shades or blinds, used on or is wnnectioa with said property, whether the same are now interred on sad property nr hereafter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, heteditaments and appurteaancee thereunto be-
<br />longing, or in anywise appertaining, forever, end warrant the title ta the same. Said morgagor _.5-hereby covenant -with acid
<br />- ,:mortgagee that __ ~ hay , at the delivery hereof, the lawful owner ~ -_ of the premises above conveyed sad described,
<br />ii and are seised of a good and uuiefeasible estate of inheritance therein, freer and clear of all encumbrances, and that ~he~x,-UI
<br />';;,warrant and defend the title thereto forever against the claims and demands of aU persons whomaoaver.
<br />PROV IDETJ AL W AYS, and this =*~~+~nt is executed and delivered ta satura the payment of the sum of _ w___ __~ - _ - -- _ _
<br />Three "!'hausand Six hundred Seventy Three sad 95,10') _ -, "~ollaral~ 3,673.43 _._.).
<br />with interest thereon, together with such charges and advances as may be due and payable io said mortgagee under the terms and wnditiona
<br />I~',of Ehe promissory nail of even date herewith and secured hereby, executed by said mortgagor _~•_.ta said mgngagee, payable ere expressed
<br />.
<br />_ in sef note, an to secure t e nnance of all the terms and conditions trontained therein. The terms of said note are hereby incorportitted
<br />herein by this referents.
<br />It ie the intention and agreement of the parties Ifersto that this mortgage shhl! also secure aqy future advances made to said mortgsgar_9._
<br />by said mortgagee, and any and all indebtedness in addition ta the amount above stated whirl. said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage shall remain in full force and effect between
<br />the parties hereto and their hairs, personal representatives, successors and assigns, until all amounts secured hereunder, including future
<br />advances, are paid in full with interest.
<br />The mortgagor..~_ hereby assign __ to said mortgagee all rents and income arising at any and aU times from said property and
<br />hereby authorize said mortgagee or tea agent, at its option, upon default, to take charge of said property and collect all rents and inrnme
<br />Ghmefrtun and apply the same to the psyment of interest, principal, inaurence premiums, razes, aeaeeamenia, repairs or improvements
<br />necessary to keep said property in tsnentabie wndition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />renE aaaignmam shall mntiuue b~ force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manner
<br />prevent ar retard raid mattgs4ea is tba ooltecttoa of said auaw by foreclosure ar otherwise.
<br />The fsilure of the martRagae ta aeoart aqy of its rights hereunder at any time shall nnc be construed ere a waivEU` of its right to assert the
<br />same at any lstar Eimer, and ta insist upon and enforce strict compllence with all the terms and provraione of said note and of this mortgage.
<br />If said mortga{SOC ~ ahaU cause to be paid to acid nmrigagee the enGtre amount due it hereunder, and udder the terms end pmviainna
<br />of said note hereby eocured, including future advnncea, and any exteneiona or renewals Chereof in accordance with the terms and provieipna
<br />thorenf, end if esld mortgagor ~, _ shell comply with all the ptnviaiona of said note and of this mortgage, then these presents shall he void;
<br />otherwise W eetaain is full #orce and effect, and mtid mortgagee ehaU 6e entitled ta the lwea~afon of aU of acid property, and may, at its option,
<br />declare the whole of said note and all indobtedaesa represented thereby W be immediately due and payable, -and may toreck>~ this mortgage
<br />ar taker eqy other legal action to protect ire right. Apprsieement waived.
<br />This mortgage shall ba biadiag upon end shall enure ta the benefit of the heirs, axecutora, adminiatrataro, auccea~ra and assigns of the
<br />reepactive parties hereto.
<br />IN WITNESS WHEREOF, said Mortgegor_;£___ haY~'~hersuato sew herKi~~the daT end year firoG above
<br />written. ._~•~ " ,7 ~ / ~ / /
<br />ttaar.
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