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<br />lV10R7CAt; E $1-°°(i U 5 4 ;" r
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<br />27th October ~i
<br />_ .-- day of --- -_ -- . _ . _ -_ -- 1 -._..- . by and between
<br />THIS IIYDEI~Pf'tIIfE, ~ ttus
<br />MICHAEL L. tzEYdZL AND JEAN A. tdENZi, husband and wife --_-- --
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<br />of ~'~ Coumy, Nebraska. as mortgagor 5 . sad Home Federal Sas~ngs and Loan Assodation of Graad Island, a carporatirm
<br />orgaoirtd and ezisting and€i tht Saws of tht Urtittd Stazea of P.merica with ;ts principal offict ated pl&ce of business az grand ia7aad, Nebraska, as
<br />S ,for and in consideration of the sum of ONE NUNDRED THOUSAND AND NO/100
<br />wfTNFSSETH: Tfratsaid mortgagor _
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<br />tAe recdPt of which is hereby ackaowkdged, do_ by these presents mortgag4 y3 ~ '~ . ~ sad assigr:a.
<br />HALL -" """"~""""-`° ' yam.
<br />forever, eU the following described reef eswte, situated in the County of -
<br />a~ State of Neftraeka, to•wit:
<br />LOTS FOUR (4) RND FIdE (5), BLOCK ONE (7 ), CUNNINGHAM SUBDIVISION, AN ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
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<br />air conditioning. lighting. sad plumbing equipment and fiztures. including screens. awnings. storm windows and
<br />etbr with aft bating
<br />To {<
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<br />dtnrs, and window shades or blinds, used on or in conner:tion with said property, whether the same are now located on said property or hereafter
<br />piaceti thereon. j~~
<br />TO HRYE AND TO HOLD THE SANiF„ together with all and singular the tenements, hereditaments and appurtenances thereunw be-
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<br />oegivg,_ yw ppertaining, forever. and warrant the title w the same. Said cone r S __ hereb covenant _ wick sa:d
<br />i or is en tae a gego Y -
<br />- ttnrtgagee that _ . t ft~ _ dY'e _ , at the delivery hereof, the !awful owner S - of the premises shove conveyed and described.
<br />- ~ df a seized of a good and indefeasible estate of inheritance therein. Erne and clear of ail encumbrances, and that _, they will ~i
<br />warraei end'defend the-Gila thxtrxo ftuever against the claims end demands of ail persons whomsoever. >~
<br />f?ROyIDEIs nL;~ `_'S, ;bad t;-'= inszrorr~nt is sarr:..•ed and delivxexr to._~~re the psyrnoat of the s,..rs o£ ONE__HUNDRED THOUSAND E
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<br />AND NOli DO----
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<br />-- -- --------- ~nllars lg ---' ---- - ---- -'
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<br />with interrat thereon, tagecirer with such charges and advances as may be due and payable co said mortgagee under the terms sad roadit tars ~
<br />of tb pmmisaory rmfa of even date tanewith and secured hereby. ezecutad by said mortgagor S to said martgag~, payable as expressed
<br />in said mote, and W secure the perfara•,ance of all the terms end conditions contaivod therein. The terms of said note are hereby incorporated
<br />herein by thin zef~.
<br />It is the intention a~ ageeament of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor S_ _
<br />by said mortgagee, acrd any and all intfe6tedaeas in addition to the amount alwve stated whict. said mortgagors, or any of them, may owe to
<br />slid mortgagee, however evidenced, whether by note, book acrnunt or otherwise, This mortgage shall rnmain is full force and effect between
<br />the partite hereto and chair heirs, persoasl representatives, successors and assigns. until all amounts setvred hereunder. including futur.•
<br />advatucaa, are paid in frill with interest.
<br />The mortgagor 5 breby assign _-_ to said mortgagee all rents and income arising at any and ail times from seed property and
<br />hare$y authorize said t~stga~,s or Sts agent. aL s option, open dxfauit. to tske charge of ssid pntfterty and co!!~t a!f renss. sad inreme
<br />LhgeErom and ap~y the same to the payment of interest, principal, insurance premiums, taxes, assessments, repays or improvements
<br />naaeeary to keep said prapetty in tanarttahle condition, ar to other charges or payments provided for herein or in the note hereby secured. 'f hrs
<br />rent aeaf~ment sbti continue in force until tb unpaid balance of said note is fusty paid. The taking of possession hereunder shsrll in no manner
<br />prevent ur retard said mortgages in the collection of said sutras by foreclosure or otherwise.
<br />-'iTp#aihtee.of-tree-mott~tgee-to-asMR any of its rights hereunder rat any time sheik twt be mnatrued as a waiver of its right to assert, the
<br />- same at nnY 4tez time, sat! to insist upon and enforce stttict compliance with ell the terms and provisions of said rm[e and of this nrort~age.
<br />If ~ a shall eaua ttr ;~ pa fss said carrtg-..gem lire entire atrmttnt doe it lre.~uadec, and under the tertr:s and prow is=.ons
<br />of said mate herahY eawtt®ti, including future advents, and any extanaians oz rsnewaia thereof in asxordsnce with the terms and provisions
<br />three:, sad if add S shelf comply with all tb provisions of said note end of this mortgage. then these presents shat! b void:
<br />otbewfw to aaeeaia in fall force sad-effect, and adtS mortgagee shall be entitled to the possession of all o[ said Ptnperty, and maY. at its option.
<br />drdua tlr wiata of amid aMe and aft represented thereby to be 's.~~~i +Y due sad paYa6le, etxi may foreclose-this mortgage
<br />or tape emy other Mgd actin to protect its right. App~i~~nt waived.
<br />Thfa.mortgage sltait be birtda,g upon sad sail enure to the bectefit of the heirs. ezecutors, admin;etrators, successors and-assigns of the
<br />reapective'paeties hereto. -
<br />IN WITNESS WHEREOF said gagor-5.._. have _ hereunto set ..._thelt'_ _ .hands. _. th day and year fir+t above
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