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<br /> � MORTGAGE-9aviaqa aad Loan Fotm—(Diract Credtt Plan) 255-2 (Speaall � � � .
<br /> � MORTGAGE
<br /> :�.' [)C3 4��5
<br /> ra�xo
<br /> � rt�s [xnax�ruxe, maae ct�. I st a�y. o} Rugust is�7by�a berA«n j
<br /> DALE F. BEGKMAN AND KARLEEN K. BE�KMAN. husband and wife_ ea h in hi and h r own
<br /> � 3� � right �anri�dc cnniica nf tha nthar � �. . . . . . . � � � � .
<br /> � Q� � Ha I�I County,Nebraaka, ae mortqagors aad Home Fedaral Savinq�aad Loan Anaoeiatioa ot�Graad Ialaad,
<br /> .a corporatioa orgaaized and e�oatiag undez the lawe ot Nebzaska wtth its priadpat ofiice and place o[buaiaesa at.Grauii Isl�d,Nebraska, � �
<br /> .. cm mortgagea: . � . .... . .
<br /> � WITNESSETA: That eaid mortgagorS_� !or aad in�coaoideratioa ot We eum of � � �
<br /> FORTY-FOUR TNOUSAND AND NO/100---------------------------------- ��a„ �$ 44.000.00 ,, F
<br /> F
<br /> ��the�zeeelpt of�which fa heraby aeknowledqed, do_ by theee preeeate mortgage aad w�zant�uato �eaid mortqagee; ita��sueceason aad� �
<br /> � aasiqns, torever, aU the (otlowiag deacribed reaI eetate, attuated Sn tfie county of Ha f 1 � �
<br /> �a s�a of Nebr�ka, u•w;r. A tract of i and i n the Nowthwest Quarter of the Northeast Quarter
<br /> of Section 10, Township II North, Range 9 West of the 6th P.M., Hall County, Nebraska,
<br /> �re particuiarly described as follows: 8eginning at the Norfiheast corner of the Northwest
<br /> arter ot the Northeast Quarter ofi said Section 10; thence running souther�y at an angle of
<br /> �25'25" on the east line of said Northwest Quarter of tfie Northeast Quarter 160.01 feet to a�
<br /> point on the north right-of-way line of the City of Grand Island Storm Sewer; thence runnin
<br /> westerly and southwesterly on said right-of-way on a curved line having a radius of 283.85'
<br /> for a distance of 252.49' to a point; the chord for said curve having an internal angie of
<br /> 124�26'45" with the previous course and a length of 244.25 feet; thence running northerly,
<br /> at an angle of 55°33"15" to the chord of theprevious course, a distance of 399.62 feet to
<br /> the north line of said Section 10; thence runningeasterly at an angie 89°34'35!' on said _
<br /> north line of Section 10 a distance of 201 .39 teet to the point of beginning; said tract
<br /> containing 1 .42 acres more or less.
<br /> � � . ToqetLar with all heatiaq, lighting, and plumbing equipmeat �d tizmrea,iacluding etokere aad burneze, ecreeas, awninge, atorm wtadows .
<br /> . � � ���and doors,and window ahadee oz blinda, used on or in connectioa with eaid propezty,whether the same are now IoccAed on eaid property �
<br /> �or horea4ter placed thezeoa. . � �
<br /> <
<br /> TO HAVE AND TO HOLD TEiE SAME, together with all aad eiaqulae the tenementa,hereditaments and appurten�cee thereuato beloag- � �
<br /> iag, or in anywiee appertaining,forever,and warzaat tb9 title to the same. Said mortgaqor�_ hereby covenaa S with eaid mortgagee . � � �
<br /> that_�he_�L ��—,at the dellvery hereoi, the]awful owaer_ ot the premines above maveyed and deecribed,and are . .
<br /> r �
<br /> eeized ot a good and indefeaeible estate ot inheritance thereia, fzee and dear ot all encumbraaces,assd tlaat�he�t—will waaant mid �
<br /> defend the tltle thereto torever againat the daima and demaadn of all pereons whomaoever. � .. .�
<br /> ti PAOVIDED ALWAYS, and thia inatrumeat ie executed and delivered to eeeuze the papmeat o!the sum of �� �
<br /> � F(l rY-FnIIR THC)t ISANf� ANfI Nn/i On-------------------------------- �oliaze (1�4 n00_00 �,
<br /> with interest thezeoa, together with such charges and advaacea aa may ba due aad payable to said mortqagea undez the ternu aad . , � : �
<br /> conditions oi the promisaory note of even date herewith and aeeured hezeby,ezeeuted by sadd mortgagor�_to eatd mortgagee,payable � � � � � � �
<br /> �' m�ezpressed in aaid aota,and ro secure the pertormaace ot all the tenns �d cond[tions contatned thezein. The te:me ot said note are . � � �� �
<br /> hereby incorporated herein by this:eterence. . � � � �� � �
<br /> � � Tt ia the iatention and aqreemeat oi the paxtSee hezeto that thia mortqaqa ehall aleo aeeure any tuhue advanaee mada to eald � � , .
<br /> �� mortqago=� by edd mortqagee, and any and a31 indebtedneas In additioa to the amount above�etated which said mortgagara, or miy . � � �
<br /> . of tham, may owe to eaid mortqagee,however evtdenced whether by note,book account oz otherwiee. Thie mortgage nhall :emaia in full ��
<br /> force and aflect batween lha partiea hereto and theit heire,personal repzeeentativea. succeesora aad ansiqne, uatil all amouata secured � .� .� � � �
<br /> � hereunder,i¢dudinq future adv�cee,are patd ia full with iaterest . �
<br /> The�mortgagor.�_hereby aeaig�_ to wid mortqaqee all rents and Iacome aiieinq at any aad all Nmee 4rom eaid propertp �d � � � � � � � . � �
<br /> hereby authorixe said martqagee�or 91a agenL�at Ite opHoa,upon dafault,to take ch�ge of eaid propertp and cnllect all :eats aad fncome . � . � �� �
<br /> theretsom and apply the same to the paymeat ot inte:es4 priaeipal,iaeurance premiume, tmcei, asaesamenta. repaire or fmprovemeab aecee• . � .
<br /> . eary�to keep eaid propc+rty ia tenaatable rnndlHon, or to othar charqes or paymeab providad ior herein or ia the note hereby secured. ihi� � � �� �
<br /> rent aea5qnment ahall caatiaue la ioree uatil ihe unpmd balanee of said aote is tully paid The taktng of poseeasion hereunder eLall 3n ao � � .
<br /> mauner prevent or retard eatd mortgagea in the collectioa of ea4d sume by}oreclosura or otherw-3sa. '�� �
<br /> � � Tha faflure ot th�i" pq�,� �t aseqrZ':aay,o(�S4 righte hereuader at any time ahall not be constmed as a wafver oi its rlght to aseert � � �
<br /> ; !he same at any late�����d""^'4o"igaf�t apou`qa�:�'eniozce etzict mmpliance with all the terma aad provielone of said note aad ot this � .
<br /> IDOTtga9l. �� "s3-��,."I e 4a .. .. .. . . . . .
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<br /> It said moriqago:�_aLatl�cauue to��be paid~ta aaid mortgaqea the entire amount due ii hexeunde:,and under the terms aad pioviaion�
<br /> of aa3d note herebp eecured,iaduding luture advaneea,aad aay eztanetoa� or renewals thareot�in accordanee with the terms.�.d pzov3aSoa� � � �
<br /> Wereof,�and if aatd mortqnqor_.rr.ahall eomply with all ehe pzovidons of said note aad of this mortqaga, thea the�e preeenb ehall be void: � �
<br /> S otherwiae�to remata in full fozce aad elfact, �d ea[d mortgaqae ehall be entltted to the poeeassioa o1 all o!aaid propertp, and may, af 3te � �
<br /> �option,daclare the whole bf wld note aad�all ladebtedaea�zepsa�eated thereby to be lmmodiately due and payable,aud may foraclone thii � -t �
<br /> ' � �mortgage or iake.anp other leqal acdoa to�pzotect its rlqhL �d lrom the dats of sueh delault al].Iteme of ladabtednes� �acured heraby �. `' y • - �`^ �
<br /> shatl�draw iatere�t�af 9% per aaaum. Appzaisemeat waived. � � � � • ` �� .,. !e.:+�..'�`�
<br /> � ���ThL mortqage�.�hdl.�be hindiaq upon and��hc12 eaure to t}u b�nat8�o! !he hsirs,ezeeutots, admluistsatore. �ueceuora�d aasiqw d ?' � ' �
<br /> � � the serpaeNve partta�.hezeto. ... . ... .. �. ... . . ., . . . ... . . . . . .. f . .. �. `..' .
<br /> IN WI7Nt�aS Wf�REOP,��aid Mortqagor S have hereuato �st the i r �.��S �e day and ycar ltret above �+
<br /> wrltten �1 � (�� � �
<br /> 3 L�+��. F ����k=�l�-�f��s�-V cE�� • ��a.S<1C�'YY��4 n�t J
<br /> GALE dE "17�7�r � ��C rv—F. �tLni�iATv
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