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~0- ~_~`~ MORTGAGE
<br />TIIIS IIVDIiNTQRE, made thin 25th day of July Is8O ; by and batwt~
<br />Frank D. Smutny and Diana E Smn nv huchaerd `~iir! wife oach in hfe dart hor area 'rnht a .r1
<br />as spouse of the other,
<br />of ~ I .County. Nebraska, r mottg~gor S ,add G®nd Island Trost Company of Gzsa,i Island, a coipmat5oe
<br />organized add evstfng ~~±r±der the Iawa of Nebraska with its prindpal of5ce dad Place of b'ssiiress at Grand Island, Nebzaaka.. ae -
<br />WITNESSET$: That eaidmortgagor $ ,for and in conefderatioa of Lhe sum of - `-
<br />Nine Thousand Seven Hundred Forty Five dollars and OOj100'~'~~:,~,,..~ 3~,745.Off `. 3
<br />the recei tofwhich is hereb aeimowled * " '~~` ~':~:. -
<br />P y gad. do _ by these presents mortgage and warsant untosairrmortgagee, its saccessots add-eaaigrta,
<br />forever, all the following described rest estate, situated is the Cotmty of Ha 1 1 -
<br />and State of Nebraska, to-wit: - - -
<br />Lot Five (5) in Villa Mar Dee Subdivision of Lot Twelve (12} of the Subdivision
<br />of Lot Nine (9), and all of Lots Seven (7} and Eight (8) in Windolph's Subd-ivision of
<br />Part of the Northeast Quarter of the Northwest Quarter (NE NWra), and Part of the
<br />Northwest Quarter of the Northeast Quarter (N4J; NEa) of Section Fourteen (14),
<br />Township Eleven (11) North, Range Nine (9), West of the 6th P.M., Nall County,
<br />Nebraska.
<br />Together with nil heating, air conditioning, lighting, and plumbing equipment end fixtures. including screens, awnings, storm windows and
<br />doors, and window shades or blinds, used on or in connection with said property. whether the same are now located on said property or hereafter
<br />placed thereon.
<br />Iii HAVE AND TO HOLD THE SAME, together with all and singular the trnaments. !,eredhaments and appurtenances thereunW be-
<br />longing, or in anywise appartaning, forever, and warrant Llw title W the same. Said morgsgor `-~ hc.zbv eovznurt __---witF, said
<br />mortgagee that _~: heV era _, , at the delivery hereof, the lawful owner _S_ of the premises above conve_vcd and described,
<br />and a r2 __ seized of a good and indefeasible estate of inhericance therein, free and alenr of all encumbrances, and that-_the~ will
<br />warrant and defend [he title ChereW forever against the claims and demands of all persons whomsoever.
<br />I'ROV IDED ALW AYS, and this instrument is executed and delivered W secure the payment of the sum of _
<br />Nine Thousand Seven Hundred Forty Five dollar_s__and_0_0%100~11a,~~~ 8,745.00 __ ____~
<br />with interest thereon, Wgether with such charges end advances as may be due and payable W said mortgagee under the terms and conditions
<br />of the promissory note of even data herewith and secured hereby, executed 6y said mortgagor S [n said mortgagee, payable as expressed
<br />in said note, and W secure the performance of ell the terms and conditions contnurad therein. The terms of said note are hereby incocpumted
<br />hernia by this reference.
<br />It ie the intention and agreement of the parties hereto that this mortgage shell also secure any future advances made W said mortgagor S
<br />by said mortgagee, and any end all indebtedness in addition to the amount above stated whic}. said mertgagars. or day o{ [hem, map ewe to
<br />said mortgagee, however evidencarl, whether by note, book account or otherwise. This mortgage shall remain in full force and effcv_t between
<br />the partroe hereW and their heirs, persona! representatives, successors and assigns, until all amounts secured hereunder, including future
<br />advances, are paid in full with interest.
<br />The mortgagur.= hereby asaiga ..___ W said mortgagee all rents and income arising at any and alt times from said property and
<br />hereby authorize said mortgagee or irai agent, at its option, upon default. W take charge of said property and collect al! rents and income
<br />therefrom and apple the some W the payment of interest, principal, insurance pmmiums, Cases, eeaesamen[s, repairs ar improvements
<br />necasaery W keep said property in Wnm[able crondiiion, ar W other charges or payments provided tar herein or in [he note hereby secured. This
<br />rent assignment shell continue in force until the unpaid balance of said note is fully paid. The taking of fwssession hareunde.r shall in no manner
<br />prsv®t ru retard rid nmrtgsgae in the colleetion of said sums by furagtaaute ur nt6nrwisa.
<br />The fatter o£ the mortgagau W assert any of its rights hamunder at any time shad not bo construed as n watver of its right w uaaert. the
<br />rime at any Tatar time, and W insist upon and enforce strict compliance with aU Che forms and provisions of said note and of this mortgage.
<br />if said motgagot 5 shat! cause W bs paid W said mortgagee rho zntire amount due it hereunder, and under the terms and provisions
<br />of said note hetet,y sewted, includfng fu[um advances, and any extensions or rerarwats thereof in accordance with the terms and provisions
<br />thereof, arrd i£ oeid motgagor 5 sball comply with all the provisions of said note and of this marl.gsge, than these presents shall be void;
<br />otherwise W remain in full forte and effect, sod said mortgagee shell be entitled W the possession of all of said proporty, end may, nt its option.
<br />derJare the whole o£ said note end all indebtedness represented thereby W be immediately due and payable. and may foreclose this mortgage
<br />or take any other legal action W protect its right. Appraisement waived.
<br />This mortgage shall be bidding upon end shall enure W the benefit of the heirs, ezetuWrs, administrators, successors and assigns of the
<br />respective partied hereto.
<br />IN WITNESS WHEREOF, said Mortgagors__ ha tt$-hereunto set thpj~~ hggd ~_the day a d year €irst above
<br />written. '/jJ~ ,(/
<br />tLZY~s'~(J
<br />- - Fr nk. D. S.mul«ny'1~~--- --
<br />Diane r. Smutny
<br />
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