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<br />8~i1('!5639 MQRTGAGE
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<br />Lot Five (5) in Bocktaan First Subdivision described as
<br />a tract of land comprising a part of the Southwest
<br />Quarter of the Southwest Quarter (SW~SW'~) of Section
<br />Eleven (ll), Township Eleven (11), Range Ten {10) West
<br />of the 6th P.PI., Hall County, Nebraska.
<br />Together witb all heating, air conditioning, lighting, end plumhing equipment and 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 />plead thereon.
<br />TO HAVE AND TO HOLD THE SAME; tdgether with all end singular the tenements, hereditamenta sod appurtenantxs thereunto be-
<br />;!langiag, or in anywise appertaining, forever, sad werrani the title m the same- Said murgagor -----hereby covenant _5- with said
<br />"~„ mortgagee that ._ __1~te -~__..._..___.. , ut the delivery hereof, the lawful owner..........- of •'ie prem?says above conveyed and described,
<br />.~. and,-. ~s_--.-seined of a good end indefeasible estate of inheritance therein, from and clear of ail oncumbrances, and that. ~lw._._wili
<br />~'~, waeren[and defend the t~tla tharatG fareYer against the claims and demands of a!1 parsers whamsnavnr.
<br />_ pIfLIV IDED ALWAYS, and Shia instrument is executed and delivered to secure the payment eC the sum of . -. _
<br />Twenty-four Thousand- Five Hundred Sixte_e_n _do_llars and 00/1~I1are13 24,516.00 _ ___
<br />-1.
<br />with iotareat thereon, together with such chntgee end advances as may 6e due and payable m said mortgagee under the terms end conditions
<br />of flee ~tomisaory note of even dasaherewith and secured hereby, executed by said mortgagor __ to said mortgagee. payable us expressed
<br />in said rote, and to secure the performance of all the terms and rnnditiona contained therein. The terms of said note ere hereby incorporeted
<br />herein by this reterenee.
<br />It in the intention end agreement of the parties beceto that this mortgage shell also eetwe aryy future advances made to said mortgagor.___.
<br />by acid mortgagee, end any and all indebtsdneea in addition W the amount above stated whict. said mortgagors, or any of them. may owe to
<br />aatd mortgagee, however evidenced, whether by note, book account or otherwise. This mortgage shall remain in full force and effect hetwccn
<br />the parties hereto and their bean, personal representatives, successore and esnigna, until all amounts secured hereunder, including fu[un•
<br />advmces, are paid in fuL' with interest.
<br />The rortgagor_.___ huteby assign _ e ._ ru avid mortgagee alt rents and income arising at any and all timer from sntid property and
<br />hereby authorize acid mortgagee or its agent, at its option, upon default, to take chnrgn of said property and collect all rants and income
<br />thex'efrern and apply the acme W khe WYrnent d interest, Frincipat, insurance pmmiuma, taxes, a6aBasments, repairs or improvements
<br />rajoaeury tp keep said property in tenantable condition, or m other charges or payments providnl for heroin or in the note hereby sacunYi. Thin
<br />rm[ assignment shall rgoeinue in force until [ha unpaid balance of said note is fatly paid. The taking of posasaaion hereunder shall in nu moaner
<br />Frevent m retard acid raortgaeea is the txillectioa of said atone by foreclosure or otherwise.
<br />The failure of the mortgagee to assert any of its rights hereunder at aqy time shell not be construed as a waiver of ice right to assert the
<br />acme at any letna lime, sad to insist upon sad onforea strict cotnplia?ce with all Lha retina and provisions of said note and of this nuutgagu.
<br />tf said mortgagor shall none m bo paid to said mortgagee the entire amount due it hereunder, and under the forms sod provisions
<br />of said ante hereby secured, iculuding Future advances, end any extenaiona or renewals thereof in necordnncn with the terms and provisions
<br />thereof, and if aa~ atortgtigor.__r shall comply with all the provisions of said note and of this mortgage, then thnero presents shall 1>e void;
<br />othemFee W reeaain in {ell force and effect, and said mortgages shell be entitbd W the ponsnasion oC ell of seal property, and maY. at it4 option,
<br />declare the whole of said note a~ ell indebtadmsa represented tFwreby m bn immediately due and payable, and may fnrvah;sn thin mortgage
<br />tx take any other dal action W pmWtt its right. Appraiaement waived.
<br />This mortgage shelf be binding upon aad shall enum to rho bornefit of the heire, executors, administrators, succeswrs and assigns of the
<br />reap@CCIYfl parttea hemW.
<br />[N WITNF.S5 WHEREOF, said Mortgagor __ .- ha S._. _ hereunto set _- _ }i~t'... hurul ..__. the day and year (first above
<br />written.
<br />.i`oAnn N. Warthen
<br />THI5 INDENTQRE, maw thin 7th day of October 19 ~_, by and betw~rr
<br />JoAnn M. Warthen, a single person.
<br />of Hal I County. Nebraska, as mortgagor-, end Grand Island Trust Company of Grand Island, a corporation
<br />organized and eastiag under the laws of Nebraska with its principal office and place of business at Gmnd Island, Nebraska, ae mortgagee;
<br />WITNE,SSETIi: That said mortgagor- ,for and is consideration cf the sum of y
<br />Twenty-four Thousand Five Hundred Sixteen dollars and 00/100.*rlldllarst~ _ 25,514.00 l
<br />khe receipt of which is hereby acitaowledgnrl, do ?S by these presents mortgage and warrant unto-saki
<br />tnartgages' ita~autxasaeora and assigns,
<br />foreYer, aB the folkrvring desrxrbed rest estate, situated in the County of Ha 7 7 ~ ~ . - - - - -
<br />and State of Nebraska, to-wit: - ~ -
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