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gQ~ ;~~~.~ MGRTG!-GE
<br />THIS INDENTURE, made tdrie 24th day of ,lirl~ - Y9 $~_, by-and -beEweeri
<br />Robert E Ellington and Annette M Ellington husband and tajfP Parh in hic artd
<br />hoc n inh+ and ac S~'Q'Saa~F +Y~~__o n~hH~ _
<br />o{ Hdl l County, Nebraska. as mortgag~r._S, a~ Grand Waatf Trust Company :of Grand. Woad, a wyoretwmi -
<br />organized and existing under the Iowa of Nebraska with its principat office aW place of buamess at Grand Igfand.,-. Neb:aeka, sa
<br />WITNESSETH: That saidmartgegor S . for and iv rnaaideration of the ~tm of - - _^~,[ -
<br />the receipt of which fs hereby aclmowktdged, do - by these presents mortgage and warrant uatossid~rtbffga~~ its`9~c~aep'r2 andassigns:.:.
<br />__..
<br />forever, all the following descrilred real estate, situated in the County of Hd 11 _ _ _ _ _ -
<br />e~ State of Nebraska, to•wit:
<br />Lot Seven (7), Bishop Heights Subdivision, located in Part of the Southwest
<br />Quarter of the Northwest Quarter (SL4t, NW%) of Section Eleven (111, Township. ,__._..-.
<br />Eleven (11) North, Range Ten (10), 41est of the Sixth (6th) P.M., in Hall County
<br />Nebraska.
<br />Together with ali heating, air conditioning, lighting, and plumbing equipment and fixtures. including screens, awnings, storm windows and
<br />doors, and window shades oz blinds, used on or in connection with said property, whether the same are now located on said property oz hereafter
<br />placed thereon.
<br />TO HAV£ AND TO HOLD THE SAME, together with all and singular the tenements, hereditaments and appurtenances thereinto be-
<br />- longing. or in anywise appertaining, forever, and warrant the title to the same. Said morgagor S _ hereby covenant __ with said
<br />- amrtgagee that ___~ hey _d*'.g -_, at the delivery hereof, [he lawful owner_~_ of the premises above conveyed end described,
<br />a~-dt"g_._ seized of a good and 'indefeasible estate of inheritance [herein, free and clear of atl encumbrances, and that~he .will
<br />- warrant and defend the title thereto forever against the claims and demands of ail persons whomsoever.
<br />- PROVIDED ALWAYS, and Chia instrument is ezecuted and delivered to secure the payment of the sum of
<br />Fifteen THousand_Three hlundred Sevens dollars and OOfl00Dauarals 1.370.00 ,.
<br />with interest thereon, together with such charges and advances as may be due and payable to said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith snd secured hereby, extv:uted by said mortgagor ~_ to said mortgagee. payable as ezpressed
<br />in said note, and Co secure the performance of ell the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />herein by this reference.
<br />IC ie the intention and agreement of the patties hereto that this mortgage shell also secure any future advances made [a said mortgagor S_
<br />by said raortgegee, end any and al[ indebtedness is addition to the amount above stated which said mortgagors, or any of them. may owe to
<br />said mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage shell remain in full force and effect between
<br />the parties hereto and their heirs, personal representatives, successors and assigns, until ell amounts secured hereunder, including future
<br />advances, are paid is fuL' with interest.
<br />The moetgagor___S_ hereby assign .__ to said mortgagee all rents and income arising et any and al! times from said property and
<br />hereby authorize said mortgagee or ice agent, at its option, upon dofault, W take charge of said property and collect all rents and income
<br />_ ttieeefrom sad apply the same W tlio payment of intareet, principal, insurance premiums, lanes, assessments, repairs or improvements
<br />necessary to keep said pmperty in tenantable condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />rent nsaignment shall continue in force until the unpaid 6ekmce of said note is fully paid. Tho taking of possession hereunder shall in no manner
<br />~- prevent-or retard said mortgagee is the collection of said sums by foreclosure or otherwise.
<br />The failure of tF.o mortgagee to assert nay of its rights hereunder at any time shall not be construed as a waiver of its right to assert the
<br />same at any later time, and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this mortgage.
<br />If said mortgagoe S shall cause to be paid to said mortgagee the entire amount due is hereunder, and under the terms and provisions
<br />of said Wore hereby eacrrred, including future advances, and any extensions or renewals thereof in accordance with the terms and provisions
<br />thereof, end i{ said mortgagor _S_ shell comply with all the provisions of said note and of this mortgage, then these presents shall be void:
<br />ochetwiaa to remain fn fall force sad effect, erg said mortgagee »hali be entitled iu the possession of all of said property, snd may. at its option.
<br />declare the whole 6f acid cote sad all indebtedness represented thereby [o be immediately due sad payable, and may Foreclose this mortgage
<br />or take any other legal action to protect its right. Appraiaement waived.
<br />This mortgage shall be binding upon atal shall enure to the benefit of the heirs, executor s, administrn[ors. successors and assigns of Che
<br />respective parties hereto.
<br />IN WITNE59 tVHEREOF, said Mortgagor S--ha IIP hereunto set- _ hsnd~-the day and year first abo e
<br />written. ~~~
<br />-------------- _S~ ~ ~-.F
<br />Rob~r E. Fll;ington r•
<br />Annette M. Ellington
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