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<br /> �8-��.�G2?f'7 MORTGAGE; _
<br /> THIS INDENTIJAE. mede chis 18th �y of April . 1a �s , br end becwcen �
<br /> � 'JAMES F,`THOMPSON AND L2NDA'LEE THOMPSON, Husband and Wife, each in his and her own
<br /> .;
<br /> ; rfght and as spouse of the other, ' ':;
<br /> � of Hall ��t Nebraska,an mort �
<br /> . y.. gegor s ,md Grend Island 14vat Comp$ny of_Grand Island, a.corporetion
<br /> o�ganized and ezistiag under the laws of Nebraske with ite prineipal office and plece of bueinesa at Graad Islend.Nebraska,es mortgagee: � �
<br /> WiTNFC9ETH:. That aflid mor*vagor g ,for and in con4id�etion of Lhe sum o�
<br /> **Nine Thousand Three Handred Forty-nine and 31/100ths** 9,349:31•-�--•s
<br /> ,. Aoua�a�.�c--k�c;r �1.
<br /> the receipt of which is hereby acknowledged,do_by these preaents mortgage end warrant vnto said mortgdgee;'Its succe rs ahd esaigns.
<br /> ' . .. .�._. -..-.r'. 9':...r.• ,-�.
<br /> , Hall : .. A .a::_o'.:
<br /> ; forever,all the followingdeeeribed reel eatste,situated in the County of_.._._ � � � --"� _ � �
<br /> and State of Nebrasica,Co-wit: � �
<br /> LOT ONE (1) IN BLOCK TfJELVE (12), IN CI,ARKSON'S FIRST ADDITION TO THE
<br /> VII.LAGE OF ALDA, HAI,L COIINTY, NEBRASKA, SAID LOT ONE (1) , FOR CLARIFICATION
<br /> TO INCLUDE THE WEST TEN FEET (10') OF LOT EZGHT (8) IN BLOCK TWO (2) OF
<br /> { POWELL'S ADDITION TO THE VILLAGE OF AI.DA, HALL COUNTY, NEBRASKA.
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<br /> ,j� Together vvith alt keating,air conditioning,lighting,end plumbing equipment end fixtures,including xreens,awnings,sWrm windowa and -
<br /> . j doors,aad window ahadea or blinde,uaed on or in wnnection with said property,whether the aeme are now located on said property or hereafter � ttt
<br /> . placed thereon. �
<br /> � ��� �� TO HAVE AND TO HOLD THE SAME,together with al!and singulnr t6e tenemenW,hereditaments and appurtenancea thereunto be- � �� ��'�
<br /> � longing, or in anywise appertaining, forever, and warrant bhe title W the same. Said morgagor s hereby covenant—with said
<br /> �; , mortgagee thst_t he 3t n ro ,at Che delivery hereof,the lawful owner_5_._of the premises above conveyed and described, � �
<br /> end ++re ��y¢�of a good and indefeasible eatate of inheritance the:ein,free and cleer of all encumbrancea,and that�.he�will .
<br /> werraat aad defend the tide thereto forever egainst the claima aad demands of aU persons whomaoever. - ..
<br /> $ PROVIDED ALWAYS,end this insttvment is executed and delivered W seeure the payment of the sum of �
<br /> i **Nine Thousand Three Huadred Forty—nine and 31/lOOths** pop���9 349.31 �,
<br /> with iate=est thereon,together with auch charges and advancea as may be due and payable to said martgngee under the Cerms and conditions �
<br /> of the promiaeory note of even date herewith and eecured hereby,executed by safd mortgagor to said mortgegee,payable as expressed �
<br /> �in said aote,and W aecure the perFormsace of all the terms end conditiom contained thereia.The terms of said noCe are hereby incorporated � �
<br /> . �hezeia by Lhia rete[eooe. � . .
<br /> � It ie the iatention sad agreement of the perties hereco that thie mortgege shall aleo aecure any future edvanees made to aeid mortgegor� � � . � �
<br /> �� by eaid mortgagee,and any and ell iadebtedneas in addition to the amount above atated which said mortgagore,or any of them,may awe to � � �
<br /> ��;d mortgegee,however evidenced,whether by note,book account or otherwisa.This mortgage ahall remain in fiill force and effxt between �
<br /> .� the parties�hereW and their heira,personal repreaentatives,euccessora and esaigns,until ell amounts secuted hereunder, including future .. . �
<br /> advancee.are paid in fuL'with intereat. � . .
<br /> �# The mortgegor 8 hereby eeaiga_to aeid mortgegce all tents and income ariaing at any aad all times from eaid property and � � � �
<br /> . ��1 hereby authorize seid mortgagee or ite agen[,at its option,upon defeult,to take charge of eaid property and collect all rente and income � ..
<br /> �; ����..Lhmbfrom and epply�the same to the payment of intereat,Prineipal. inaurance ptemiuma, taxes. esaesamenW. repairs or improvemenW . . .� � �
<br /> :d� neceseary W keep eaid proparty ia tenantable condition,or to other chargea or paymenta provided for herein or in the note hereby aecured.This � � � - �
<br /> ;;�. rent asaignm�t ehell coatinue in foece untll the unpaid belance of said note is tully peid.The taking of posaesaion hereunder shall in no manner � � � �� � � �
<br /> ��,�,.j ;prevent ocreterd.eaid mortgagee in.the collection of aeid sume by forecloeure oz oth�wise. . . . . . . .. � . . . . .
<br /> , -.i . The failure of the mortgagee to easert any of ite rights hereunder at any time ahatl not be conatrued as a weiver of its right to essert the . �
<br /> x � eeme at azty later time,.and W imiet upon and enforce etrict compliaace with alI the terme and provisiona of said note and of this mortgege. � �
<br /> � � .If eaid mortgsgora.. ehall cnuae to be W aeid mort �
<br /> � paid gagee the entire amount due it heieunder,and�under the terms and provisions . � . . . ..
<br /> � of sald note hereby secueed,including fnWre advancea,and any extensiona or renewals thereaf in accordance with the terms and pro��isions
<br /> '� � Wereof.aad if�ssid mortgagor s—_ahsli comply with all the provieioas of said aote md of thie mortgage,then these presenta ahall be void; . �
<br /> othe7►iae to re�ain in fall force ead effecC,and asid mortgagee ahell be entitled W the poenession of all o[said,property,md may,�at its option, . �
<br /> ��declare the whob of eeid note and ell indebteclaesa reprmeated thereby W be imaiediately due end peyable,sad may foreclose this mortgage �
<br /> � or Eeke anp other.legal action to.psatact iis�TI6hG APP�w:.e...^^t waived.� . . . � . _ •
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<br /> This morbgsge aheII bo biading�upon and ehaU eaure to�the benefit of the heirn,�execufara,adminiatrators,euccesaors and asaigns of the � ;. �`}�+
<br />�� ee�pectiva pacsies h�ewr .,� . .. . .. V . , .
<br /> � 'jN WITNE3S WHEREQF,eaid Mo � ��
<br /> �t� ttgagpr� �.La.y@�hereuntp yet �thai��r ���d.�_the day and year firat abovr � .;
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<br /> - .. ..., . . �� �i�� ������Lt:�.c,�, .
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<br /> Li a Lee Thompson
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