|
<br />iOA~RTG~-CF
<br />81--~~ta'~734
<br />THI3 INDENTIJAE, made tbw___2Dth^_____ - _. day of _tlul~___- - __ -- - IS81_- by and between
<br />Dodd Dean Hug and Dis~Ile_1..._Hs~gh,_.~~5~anst_dJld__~ri_f~-_-_______.__
<br />of Hai 1 County, Nebraska, as mortgagor S ,and Home Federal Savings and Loan Association of Grand Ialartd, a corporation
<br />organized and existing under the taws of the United States of America with its principal otflce and Dlace of Wsiness at Grand Tsland, Nebraska, as
<br />mortgages;
<br />WYTNFSSETH: That said mortgagor ,for and in coasideration of the sum of
<br />Thirteen Thousand Four Hundred Eighty-Five dollars ar>~'1Q~~Z~,,,ys•e 13,485.10 i,
<br />the receipt of which is hereby acknowkdgsd, do try these presents mortgage and,w8frapS~d-maatgfl~i4 stitci~ors and assigns,
<br />forcer, all the following described real estate, situated in the County of Hd l 1 - ._ . _~- ~ -- - - - ~ ~ --
<br />artd State of Nebraska, to-wit: .
<br />WPB Na1f_(W~l of Lnt Twn (21. and the West_Half (W?) of the__North Seventeen feet (17'
<br />of Lot Four (4), in Block Twenty ("0), in Scarff's Addition to 'Test Lawn, in the City
<br />brand Island, Hall County, Nebraska.
<br />Together with all heating, air conditioning, lighting, and plumbing equipment PRd fiatrtres, including screens. awnings. storm windows and
<br />dirs. and widow sftades ar bii.^ds ~xaed on or in cor_'>°rtion with saki property. whether the same a=row located an said properly nr hereazu,
<br />placed thereoe.
<br />TO HAVE AND TO HOLD THE SAb1E. together with all and singular the tenements, hereditaatents and appurtenances thereunto be-
<br />longing. or i anywise aplwrts.=_z~~o, forever. and warrant the title to the same. Said morgagor__5_ .hereby covenant .___. with said
<br />mortgagee that ___.t he _~C._.. _ .. d.te-. , at the delivery hereof, the tawfu7 ownet5 of the prcmtses afwve conveyed and described,
<br />attd._dY'E_' __ -__ seized of a good coil imiefeaeible estate of rnheri[ance therein. free and clear of all encumbrances, and chat _t_heX-will
<br />warrant and de(and the rifle thereto forever against the claims and demands of all persons whomsoever.
<br />YROV [DED ALW AYS, a~ this instrument is executed and delivered to serure the payment of the sum of _. _.. __._. __ _ ....... ___
<br />TFYir e~ T-ousand Fof~r.,Ht~ndred. Eighty-Fye__dollars_and 1Dd~f14>ifs_ i3 485.10_.______..._...1.
<br />- with interest theroon, together with such charges and advances as may be due and payable to soul mortgagee under the terms and canditiuns
<br />of Cbe promissory note of even date herewith and secured hereby, executed by saui mortgagor.S_ to said mortgagee, payable as expressed
<br />is said note, and W secure the performance of all the terms and condetans contaied therein. The terms of said note are hereby incorporated
<br />. hetaen by Ehia tefarence.
<br />IC is taro intention and egteemamE of the parties hereto tbat this mortgage shall also secure any future advanrzs made to said mortgagor..,
<br />by said mortgagee, and any end art indebtedness i addition to the amount atwve stated which said mortgagors, or any of theme may owe w
<br />said mort~gee. however evidenced, whether 6y note, book account ar otherwise. This mortgage shall remain in full force and effect between
<br />the-parLim hereto and Eheir heirs, personal representatives. successors and assigns. anti! all amounts secured hereunder, including future
<br />advanota, see paid i fuL' with interest.
<br />The mottgagor._s hereby sasign ..__ to said mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorize said mortgagee or its agent, at its option. upon defeutt. to take rharge of said property and collect all rents and income
<br />therefrom and apply the same to Cite payment of interest, prerttipal, insurance premiums, taxes. assessmaats, repairs or improvements
<br />naceaeary tm keep said property itt teoaatairie condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />rear esaigttmatt shall coafinue i force until the unpaid balance of said note is fully paid. The taking ref possession hereunder shall in no manner
<br />prevent or retard said mortgagee i the collection of said sums by toreda:ure or otherwise.
<br />The failure of the ntort6a8ee to assert aqy of its rights hereunder ac any time shalt 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 elf the terms and provisions of said note and of this mortgage.
<br />if said mortgagor 5 stall cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and pnrvi~ions
<br />of said mte herahy seeutad, itxtudfog future advances, a~ any esteasions ur renewals thereof in atardance with the terms and provisions
<br />thereof, and if said mortgagoc _~_._ shall coutply wiEh ali the provisions of said note and of this mortgage, iben these presents shall be void:
<br />otherwise to remain inftdt force and effast, and said mortgagee shall be entitled to the possession of aU of said property. and may, at its option,
<br />decfve fhe ghoie of said mte and all indebtedness rePreaented thereby to be immediately due and payable. attd may foreclose then mortgage
<br />or take any otlarr legs! action to protect its right. Appraisement waived-
<br />Thea mortgage shall be binding upon and shat! snare to the benefit of the heirs, executors, administrators, succcsturrs and assigns aF the
<br />reapective'patties hereto.
<br />IN WITH EruS WHEREOF, said fortgagor $_ ha Ye.. hereuaLra set thPJ.r - hand 5 _.-._ the day and year first abov.~
<br />written. ,-~ ~ f"
<br />~~` l i_ f
<br />_ Wis.: - __
<br />Donal Den '
<br />~/',:J,~~
<br />Diane L. Hugh
<br />
|